Ford starts export production of 2015 Edge at Canada plant
(Reuters) – Ford Motor Co said on Thursday it began production of the 2015 Ford Edge at its Oakville Assembly plant in Canada for export to more than 100 countries.
SEC probes companies’ treatment of whistleblowers: WSJ
(Reuters) – The U.S. Securities and Exchange Commission has sent letters to several companies asking for years of nondisclosure agreements, employment contracts and other documents to investigate whether companies are muzzling corporate whistleblowers,…
Citigroup to be latest to embrace proxy reform for shareholders
BOSTON (Reuters) – Citigroup Inc said it will support a rule change to make it easier for shareholders to nominate directors, making it the latest large company to embrace the controversial reform.
Venezuela seeks annulment of Exxon award at World Bank tribunal
CARACAS (Reuters) – Venezuela has requested the annulment of a World Bank tribunal award that orders it pay Exxon Mobil Corp $1.6 billion in compensation for nationalizations, both sides said on Wednesday.
Bank of America in $300 million Fontainebleau Las Vegas settlement
(Reuters) – Bank of America Corp on Wednesday said it reached a $300 million settlement of a lawsuit brought by lenders that helped finance construction of the failed Fontainebleau Resort and Casino in Las Vegas, which filed for bankruptcy protection i…
Takata must save faulty air-bag inflators for litigation, U.S. probe
DETROIT/WASHINGTON (Reuters) – A U.S. safety regulator on Wednesday ordered Takata Corp to preserve all air-bag inflators removed through a recall process as evidence for a federal investigation and private litigation cases.
Citigroup unit probed by more authorities over money laundering
NEW YORK (Reuters) – Citigroup Inc said additional government authorities have started probes of possible breaches of anti-money laundering laws at its Banamex USA unit.
U.S. refinery strike continues with no steps toward settlement
HOUSTON (Reuters) – The largest U.S. refinery strike since 1980 continued through its 25th day on Wednesday with no movement toward renewed talks to end a walkout by 6,550 union workers at 15 plants, including 12 refineries accounting for one-fifth of …
RadioShack goes to auction to test hedge fund $200 mln deal
WILMINGTON, Del. (Reuters) – RadioShack Corp got approval on Wednesday from a U.S. Bankruptcy Court judge to auction about 2,000 stores with an initial $200 million bid from the Standard General hedge fund.
Takata to save faulty air-bag inflators for litigation, U.S. probe
WASHINGTON/DETROIT (Reuters) – A U.S. safety regulator on Wednesday ordered Takata Corp to preserve all air-bag inflators removed through a recall process as evidence for both a federal investigation and private litigation cases.
