Toyota, Mazda in talks on expanding partnership: sources
TOKYO (Reuters) – Toyota Motor Corp and Mazda Motor Corp are in talks to expand their technology partnership to fuel-cell vehicles (FCVs), sources said on Saturday, as global automakers face rising costs to comply with stricter emission regulations.
Goldman Sachs expected to settle forex suit for almost $130 million: WSJ
(Reuters) – Goldman Sachs Group Inc is expected to pay $129.5 million to settle its portion of a lawsuit that accuses banks of rigging prices in the foreign exchange market, The Wall Street Journal reported, citing a person familiar with the matter.
Starbucks moves Ethos water bottling out of drought-hit California
LOS ANGELES (Reuters) – Starbucks Corp on Friday said it would stop sourcing water for its Ethos Water brand in California, which is in the fourth year of a serious drought that has prompted the state’s first-ever mandatory cuts in water use.
Wage increases in focus ahead of retail earnings
(Reuters) – Labor expenses will be a key focus during retailers’ earnings conference calls in the coming weeks, with many companies under pressure to boost workers’ wages at a time when low U.S. unemployment levels have given workers more leverage.
BP wins right to appeal some Gulf spill damages claims
(Reuters) – A U.S. federal appeals court said on Friday BP Plc deserves the right to appellate review of some damage claims awarded to people and businesses in connection with the 2010 Gulf of Mexico oil spill.
United Airlines sees second-quarter fuel costs higher than expected
(Reuters) – United Continental Holdings Inc said on Friday that it expects to pay more per gallon of fuel in the second quarter than it had previously forecast as oil prices inch up and chip away at airlines’ energy savings.
BP wins right to appeal some Gulf spill damages claims
(Reuters) – A U.S. federal appeals court said on Friday BP Plc deserves the right to appellate review of some damage claims awarded to people and businesses in connection with the 2010 Gulf of Mexico oil spill.
GE wins deal worth up to $2 billion for engines for Taiwan, others
WASHINGTON (Reuters) – General Electric Co has won a five-year contract valued at up to $2 billion to supply helicopter engines to the government of Taiwan and support a number of U.S. military services, the Defense Department said on Friday.
Obama to Democrats on Asia trade pact: like Nike, ‘just do it’
BEAVERTON, Oregon (Reuters) – President Barack Obama, co-opting Nike Inc’s famous slogan, told Democrats on Friday to “just do it” and support a trade deal with Asian countries that the shoe company said would help it create up to 10,000 U.S. jobs over…
U.S. job growth recovers, keeps 2015 Fed rate rise in play
WASHINGTON (Reuters) – U.S. job growth rebounded last month and the unemployment rate dropped to a near seven-year low of 5.4 percent, suggesting underlying strength in the economy at the start of the second quarter that could keep alive prospects for …
