Exclusive: In ‘year of Apple Pay’, many top retailers remain skeptical
CHICAGO (Reuters) – In a January earnings call with investors, Apple Inc Chief Executive Tim Cook made a confident prediction: “2015 will be the year of Apple Pay,” he said.
Disenchanted Chinese tech companies plot escape from New York
SHANGHAI (Reuters) – Chinese tech firms have fallen out of love with America, and it shows – a growing number of them are looking to drop their listings in New York and head back home.
Europe shares set for worst week of 2015
LONDON (Reuters) – European shares extended losses on Friday, on track for their worst week of the year as a losing streak for bonds rumbled on, with wary investors anticipating more debt drama over Greece and a solid U.S. payrolls reading.
For risk-wary gold miners, small is beautiful
TORONTO (Reuters) – Bigger isn’t better for the world’s gold miners, who are increasingly making “bite-sized” developments that carry less risk of budget disasters and fewer of the political and environmental disputes that have derailed mega-mines in r…
Delta reaches tentative agreement with pilots union negotiators
(Reuters) – Delta Air Lines Inc has reached a contract agreement with the negotiating committee of its pilots union, paving the way for a new labor deal months ahead of schedule, the union told members in a letter Thursday.
SEC probing whether activist investors secretly acted jointly: source
(Reuters) – The U.S. Securities and Exchange Commission is investigating whether some activist investors secretly acted jointly to target companies, one hedge fund industry source said.
Exclusive: SEC investigates allegations of misspending by Dow Chemical CEO – sources
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission is investigating allegations that Andrew Liveris, chairman and chief executive officer of industrial giant Dow Chemical Co , misused company funds for personal benefit, according to peopl…
Wal-Mart resists investor pressure on independent chairman
BENTONVILLE, Arkansas/BOSTON (Reuters) – Even as Wal-Mart Stores Inc showed unusual openness to outsiders’ complaints by taking steps including raising wages, it has been trying to slam the door on a shareholder proposal that could weaken the founding …
Exclusive: Merrill brokers win a battle to lower client fees on advisory accounts
NEW YORK (Reuters) – Merrill Lynch this week surrendered to pressure from its retail brokers to allow them to cut account fees for wealthy clients, retreating from a two-year effort to force increases as part of a shift to a new platform, according to …
Lockheed wins $920 million deal for early work on next F-35 jet order
WASHINGTON (Reuters) – Lockheed Martin Corp has won a contract valued at $920 million to start buying materials and parts for a tenth batch of 94 F-35 fighter jets, the Pentagon announced Thursday.
