U.S. FAA proposes requiring fix for Boeing 787 Dreamliner
NEW YORK (Reuters) – The U.S. Federal Aviation Administration proposed on Wednesday requiring a fix for Boeing Co’s 787-8 Dreamliner, following “numerous reports of failures of proximity sensors” on the high-tech plane’s wings.
U.S. regulator orders national Takata driver-side air bag recall
DETROIT (Reuters) – The U.S. National Highway Traffic Safety Administration on Wednesday ordered air bag supplier Takata Corp to expand its regional recall of driver-side air bags to cover the entire United States.
Behind Google’s Europe woes, American accents
BRUSSELS (Reuters) – When EU politicians call for the break-up of Google, it can sound like sour grapes, the anti-American backlash of an aging Europe envious, and fearful, of the wealth and growing power of young U.S. tech giants.
U.S. consumer, business spending data point to slowing growth
WASHINGTON (Reuters) – U.S. consumer spending rose modestly in October and a measure of business spending plans fell for a second straight month, suggesting some slowing in the pace of economic growth.
Goldman, BASF, HSBC accused of metals price fixing: U.S. lawsuit
NEW YORK (Reuters) – Goldman Sachs Group Inc , Germany’s BASF SE and two other big platinum and palladium dealers have been sued in the United States in what the plaintiff’s law firm called the first nationwide class action over alleged price-fixing of…
Wal-Mart dismisses several China executives to cut costs
(Reuters) – Wal-Mart Stores Inc said it had dismissed several executives in China as part of an effort to lower costs in the country, where it has been grappling with slower sales and tough price competition.
Exclusive: Apollo Global in the lead to acquire Presidio: sources
(Reuters) – Apollo Global Management LLC is in advanced talks to acquire Presidio Inc in a deal that could value the information technology consulting company at close to $1.3 billion, including debt, according to people familiar with the matter.
New home sales rise in October, but September revised down
WASHINGTON, Nov 26 (Reuters) – Sales of new U.S. single-family homes rose for a third straight month in October, but a downward revision to the prior month’s sales pace indicated the housing market recovery would remain gradual.
U.S. regulator: Chrysler recall delay hikes air bag risk
DETROIT (Reuters) – Chrysler Group LLC must expand its regional recall of vehicles with Takata Corp air bags and begin notifying customers of the action by Monday, the U.S. National Highway Traffic Safety Administration said.
Deere says equipment sales to fall further as farm incomes drop
(Reuters) – Deere & Co said it expected equipment sales to fall further as lower grain prices discourage farmers from buying tractors, harvesters and other machinery.
