Takata faces questions over air bag fix as recalls expand
DETROIT (Reuters) – Automakers and safety regulators could take months to nail down why air bag inflators made by Takata Corp are exploding with too much force, meaning consumers cannot be certain replacement inflators installed under a sweeping recall…
Charter’s $56 billion Time Warner Cable deal to face U.S. scrutiny
NEW YORK/WASHINGTON (Reuters) – Charter Communications Inc, seeking to remake the U.S. cable television industry by acquiring larger rival Time Warner Cable Inc for $56 billion, will try to skirt the regulatory obstacles that helped sink Comcast Corp’s…
Charter’s $56 billion Time Warner Cable deal to face U.S. scrutiny
NEW YORK/WASHINGTON (Reuters) – Charter Communications Inc, seeking to remake the U.S. cable television industry by acquiring larger rival Time Warner Cable Inc for $56 billion, will try to skirt the regulatory obstacles that helped sink Comcast Corp’s…
Wall St. drops on rate concerns, Greece
(Reuters) – U.S. stocks fell on Tuesday, pushing the S&P 500 to its biggest decline in three weeks, weighed down by concerns about Greece and some upbeat data that fueled expectations that a U.S. rate hike could come sooner rather than later.
Greece and creditors play down fears of imminent default
ATHENS/BRUSSELS (Reuters) – Greece and its European creditors on Tuesday sought to play down fears that Athens would default on a payment to the International Monetary Fund next week.
Takata faces questions over air bag fix as recalls expand
DETROIT (Reuters) – Automakers and safety regulators could take months to nail down why air bag inflators made by Takata Corp are exploding with too much force, meaning consumers cannot be certain replacement inflators installed under a sweeping recall…
U.S. top court rules against Cisco Systems in patent infringement fight
WASHINGTON (Reuters) – The U.S. Supreme Court on Tuesday ruled against Cisco Systems Inc over a patent infringement claim the tech giant is fighting.
Fed rate hikes may trigger global volatility: Fischer
TEL AVIV (Reuters) – When the Federal Reserve raises U.S. interest rates for the first time in nearly a decade, it should weigh the effects on global economies and can expect some bouts of financial market volatility, a top Fed official said on Tuesday…
Services sector growth slows in May: Markit
U.S. services sector expansion slowed for a third straight month in May, weakening alongside new business activity, an industry report showed on Wednesday.
New home sales, prices rise strongly in April
New U.S. single-family home sales rose more than expected in April and the median price surged, suggesting the housing market recovery was gaining traction.
