Takata to double replacement inflator output over next six months
DETROIT (Reuters) – Takata Corp said on Monday it plans to double its capacity to make replacement air bag inflators over the next six months and testing on parts that could explode with too much force continues.
Mixed messages on third Greek bailout talks
MADRID/ATHENS (Reuters) – Euro zone countries are discussing a third bailout for Greece worth 30 billion to 50 billion euros, Spain’s economy minister said on Monday, but EU officials said there were no such talks.
Berkshire’s Buffett opposes putting Wilson on GM board
DETROIT (Reuters) – Warren Buffett, Berkshire Hathaway’s billionaire chief executive and one of the largest shareholders in General Motors Co , told CNBC on Monday he disagrees with putting former U.S. auto task force member Harry Wilson on the automak…
U.S. manufacturing growth slows to 13-month low: ISM
NEW YORK (Reuters) – The pace of U.S. manufacturing growth fell in February to its slowest in 13 months, according to an industry report released on Monday.
HP to buy Wi-Fi gear maker Aruba Networks for $2.7 billion
(Reuters) – Hewlett-Packard Co said it would buy Wi-Fi network gear maker Aruba Networks Inc for about $2.7 billion, the biggest deal for the world’s No. 2 PC maker since its botched acquisition of Britain’s Autonomy Plc in 2011.
Near Fed majority backs June liftoff Yellen hasn’t yet endorsed
WASHINGTON (Reuters) – Janet Yellen’s premium on consensus may lead to a Federal Reserve decision the chair hasn’t yet endorsed, as a near majority aligns in favor of a possible June interest rate hike.
What would the Dow look like if it included Apple?
NEW YORK (Reuters) – It may be by far the most valuable American company but Apple Inc still can’t get into at least one exclusive club – the 30-member Dow Jones Industrial Average.
U.S. construction spending falls in January
WASHINGTON (Reuters) – U.S. construction spending unexpectedly fell in January as both private and public outlays fell, a government report showed on Monday.
Janus’ Bill Gross warns on dangers of low interest rates
NEW YORK (Reuters) – Closely watched bond investor Bill Gross criticized ultra-low interest rates on Monday, saying they could harm global growth instead of boosting it in the way that many central banks intend.
Wall St. opens flat after consumer spending data
NEW YORK(Reuters) – U.S. stocks opened flat on Monday, in the wake of the S&P 500’s best month in more than three years, as data showed consumer spending remained soft in January and ahead of a report on the manufacturing sector.
