Honda says fatal crash involved Takata air bag inflator rupture
DETROIT (Reuters) – Honda Motor Co Ltd on Friday said it has confirmed that a Takata Corp air bag inflator ruptured in a Jan. 18 crash in Texas that killed the driver.
Wall St. closes down for January, Shake Shack rallies in debut
NEW YORK (Reuters) – U.S. stocks closed down on Friday after a volatile session as investors worried at the end of a rough month for the market about weak U.S. growth data and whether instability in Europe could hurt corporate earnings in the United St…
Exclusive: Sysco, US Foods offer to divest 11 facilities to win FTC deal approval
WASHINGTON (Reuters) – Food distributor Sysco Corp and its biggest rival, US Foods Inc , have offered to sell a smaller competitor 11 facilities in order to convince skeptical antitrust regulators to approve their $3.5 billion merger, a source briefed …
Honda says fatal crash involved Takata air bag inflator rupture
DETROIT (Reuters) – Honda Motor Co on Friday said it has confirmed that a Takata Corp air bag inflator ruptured in a Jan. 18 crash in Texas that killed the driver.
AT&T top buyer at U.S. airwaves auction; Dish spends big
WASHINGTON/SAN FRANCISCO (Reuters) – AT&T Inc spent close to half the total in the record-setting U.S. sale of airwaves for mobile data, with Dish Network Corp spending heavily to manage a surprise win at No.2 ahead of Verizon, results showed on Friday.
Wall St. closes down for January, Shake Shack rallies in debut
NEW YORK (Reuters) – U.S. stocks closed down on Friday after a volatile session as investors worried at the end of a rough month for the market about weak U.S. growth data and whether instability in Europe could hurt corporate earnings in the United St…
Shake Shack IPO vaults shares into ‘nosebleed’ territory
(Reuters) – Shares of Shake Shack Inc more than doubled on Friday, putting a nearly $2 billion price tag on the small cult hamburger chain, in a huge bet that its growth can match top performers in the crowded “fast-casual” dining space.
Oil surges 8 percent as U.S. rig count plunges, shorts scramble
NEW YORK (Reuters) – Oil prices roared back from six-year lows on Friday, rocketing more than 8 percent as a record weekly decline in U.S. oil drilling fueled a frenzy of short-covering.
Exxon adds discrimination protections in U.S. for LGBT workers
HOUSTON (Reuters) – Exxon Mobil Corp , the world’s largest publicly traded oil company, has changed its U.S. employment policies to prohibit discrimination based on sexual orientation and gender identity as now required by federal law.
Chevron’s profit beats as chemical sales offset cheap oil
WILLISTON, N.D. (Reuters) – Chevron Corp , the second-largest U.S. oil producer, reported a higher-than-expected quarterly profit on Friday as sales of chemicals, lubricants and other refined products helped offset plunging crude prices .
