U.S. probes Nike payments under Brazil soccer deal: WSJ
WASHINGTON (Reuters) – U.S. authorities are examining payments made by Nike Inc under a 1996 soccer sponsorship deal with Brazil for possible evidence of wrongdoing by the company or others, the Wall Street Journal reported on Friday, citing people fam…
Wall Street falls as Greece crisis unresolved; energy shares dip
(Reuters) – U.S. stocks fell on Friday as Greek debt talks hit a stalemate and as concern over how soon the Federal Reserve might raise interest rates kept investors cautious.
Record order books turn focus to jetmakers’ production
PARIS (Reuters) – After years of big-ticket plane orders, next week’s Paris Airshow will see rather fewer multi-billion-dollar deals and rather more nervous expressions as planemakers face the daunting task of producing $1.8 trillion of jets already so…
Exclusive: Alzheimer’s group may scrap early look at coveted Lilly data
(Reuters) – The Alzheimer’s Association may not offer an early look at highly sought clinical trial data on an experimental drug from Eli Lilly and Co after news of the impending release led to a jump in the company’s shares.
Murdoch brothers’ symbiotic ties to be tested in Fox cockpit
LONDON/SYDNEY (Reuters) – One has been closely involved with the family business from his early 20s and is driven to succeed. The other had to be lured back from a decade’s hiatus from the company and has operated at the edges of the empire.
Michael Kors settles U.S. lawsuit alleging deceptive price tags
NEW YORK (Reuters) – Michael Kors Holdings Ltd agreed to pay $4.88 million and change its sales practices to settle a class action lawsuit claiming it used deceptive price tags at its outlet stores to fool shoppers into believing they were getting big …
Wall Street falls as Greece crisis unresolved; energy shares dip
(Reuters) – U.S. stocks fell on Friday as Greek debt talks hit a stalemate and as concern over how soon the Federal Reserve might raise interest rates kept investors cautious.
Google launches a YouTube built for gamers
(Reuters) – Google Inc said on Friday that it is launching a live streaming gaming service called “YouTube Gaming”, creating a rival to Amazon.com Inc’s Twitch service.
Boeing gets third satellite order from ABS
(Reuters) – Boeing Co said it received a contract to build its third all-electric propulsion satellite for privately held commercial satellite provider ABS.
IMF team in China as part of currency basket review: official
WASHINGTON (Reuters) – A team from the International Monetary Fund is visiting China as part of the global lender’s review over whether to include the Chinese yuan in its basket of currencies, an IMF official said on Friday.
