Analysis: Spill settlement closure leaves BP open to growth, takeover
LONDON (Reuters) – BP’s $18.7 billion settlement over the 2010 Gulf of Mexico spill draws a line under years of uncertainty to allow it to focus once again on growth but could make it an acquisition target.
Analysis: For Fed, a muddled jobs report even as U.S. employment continues to expand
WASHINGTON (Reuters) – A mixed U.S. jobs report on Thursday may not give Fed chair Janet Yellen the “decisive evidence” of labor market recovery she wants to see before raising interest rates.
Anthem, Cigna in new round of talks: source
(Reuters) – U.S. health insurer Cigna Corp has had its first meetings with competitor Anthem Inc after it rebuffed Anthem’s $47 billion merger proposal last month, a person familiar with the matter said on Thursday.
Fiat Chrysler failings on recalls ‘obstructs’ oversight: U.S. regulator
WASHINGTON (Reuters) – U.S. auto regulators have serious concerns about Fiat Chrysler Automobiles NV failures to notify owners and government officials about its recalls, an official said on Thursday.
Mattress maker Serta next in line to dump Trump
(Reuters) – U.S. mattress maker Serta said it would not renew its licensing agreement with the Trump Organization, the latest company to distance itself from real estate developer and TV personality Donald Trump, after his comments insulting Mexicans.
Electrolux CEO seeks to rescue GE deal after legal blow
STOCKHOLM (Reuters) – The head of Sweden’s Electrolux said he believed a $3.3 billion deal to buy the GE Appliances business could be salvaged after the United States moved to block it.
Airbus signs deal for China cabin-completion plant
TOULOUSE, France (Reuters) – Airbus signed an agreement on Thursday to set up its second plant on Chinese soil in a deal that the European planemaker hopes will lead to lucrative new plane orders.
U.S. factory orders fall more than expected on transportation
WASHINGTON (Reuters) – New orders for U.S. factory goods fell more than expected in May on weak demand for transportation and electrical equipment, a sign that
Traders now betting Fed to wait until 2016 for first rate hike
(Reuters) – U.S. short-term interest-rate futures contracts rose on Thursday as a weaker than expected government report on jobs prompted traders to put on bets the Federal Reserve will wait to raise interest rates until next year.
Strong truck, SUV demand helped Ford, GM raise prices in June
(This version of the July 1 story corrects Kia Motors U.S. sales to up 6.9 percent, not 3.6 percent in last paragraph)
