Google, Viacom win dismissal of children’s web privacy lawsuit
(Reuters) – Google Inc and Viacom Inc won the dismissal of a nationwide privacy lawsuit accusing them of illegally tracking the Internet activity of boys and girls who visited Nickelodeon’s website, in order to send targeted advertising.
Northrop CEO sees no shift in U.S. stance against big defense mergers and acquisitions
WASHINGTON (Reuters) – Northrop Grumman Corp Chief Executive Wes Bush on Wednesday said he had seen no change in the U.S. Defense Department’s reluctance to see further consolidation among big U.S. weapons makers despite declining U.S. military spendin…
Wall Street up on ECB bets but details, IBM cap gains
NEW YORK (Reuters) – U.S. stocks edged up in a choppy Wednesday session as traders digested reports that new stimulus would be announced by the European Central Bank at its Thursday meeting, while declines in IBM limited gains.
Uber to raise $1.6 billion in convertible debt: source
(Reuters) – Online ride-sharing company Uber Technologies Inc has raised $1.6 billion in convertible debt from wealth management clients of Goldman Sachs Group Inc , a person familiar with the matter told Reuters.
Barclays may face expanded New York ‘dark pool’ lawsuit
NEW YORK (Reuters) – New York State Attorney General Eric Schneiderman said on Wednesday he wants to expand his lawsuit accusing Barclays Plc of fraud in how it operated a private U.S. trading venue known as a “dark pool.”
Exclusive: Boeing unions seek conditions on $8.7 billion in tax credits
NEW YORK (Reuters) – Boeing Co’s two largest labor unions said on Wednesday they are working on a pair of legislative bills that would put conditions on $8.7 billion in tax credits that Washington state gave to Boeing and the state aerospace industry i…
U.S. court says JPMorgan must live with $1.5 billion paperwork error
(Reuters) – JPMorgan Chase & Co got a painful reminder on Wednesday that we all have to live with our mistakes, even a clerical mix-up that could cost $1.5 billion.
Oil gains as hopes of price recovery amid cuts in production spending
NEW YORK (Reuters) – Oil prices were up about 2 percent on Wednesday on hopes of a recovery as energy firms cut production investments and alleviate the glut that has wiped out more than half its value in the last seven months.
ECB set to decide on money printing plan
FRANKFURT (Reuters) – The European Central Bank’s Executive Board has proposed a program that would enable the ECB to buy 50 billion euros ($58 billion) in bonds per month starting in March, a euro zone source said on Wednesday.
Boeing executive sees strong demand for 737 MAX, confident on 777
DUBLIN (Reuters) – Demand for fuel-efficient narrowbody jetliners like the Boeing 737 MAX remains “very strong” despite the recent oil price slump, the planemaker’s top salesman said on Wednesday.
