Arizona is first U.S. state to sue GM over delayed recalls
(Reuters) – In the first lawsuit brought by a state against General Motors Co over recalls relating to a defective ignition switch, Arizona has accused the company of putting the public at risk by concealing safety issues and delaying the recalls.
Henrik Fisker is back with a souped up Mustang
LOS ANGELES (Reuters) – A year after the government-backed electric car company bearing his name filed for bankruptcy, Henrik Fisker is back.
Best Buy profit beats estimates as costs fall
(Reuters) – Best Buy Co Inc , the largest U.S. consumer electronics chain, reported a better-than-expected profit as cost cutting paid off and revenue increased after seven quarters of decline, even as it expected its current quarter earnings to remain…
Ebola becomes latest stock scam, U.S. SEC says
WASHINGTON (Reuters) – U.S. regulators on Thursday suspended trading in four small over-the-counter stocks of companies that they said have been touting the development of products to prevent or treat the Ebola virus, and warned investors to beware of …
GoDaddy aims to list next year, seeks $4.5 billion valuation: NY Post
(Reuters) – GoDaddy Inc is planning an initial public offering early next year that would value the world’s biggest provider of web addresses at roughly $4.5 billion, the New York Post said.
Dollar Tree says expects fewer merger-related store divestitures
(Reuters) – Discount retailer Dollar Tree Inc said it was confident it would need to divest fewer stores than anticipated to win antitrust approval to buy Family Dollar Stores Inc .
U.S. underlying inflation rising; economy firming broadly
WASHINGTON (Reuters) – Underlying inflation pressures rose in October, even as falling gasoline prices kept overall U.S. consumer prices in check, bolstering expectations of a mid-2015 interest rate hike from the Federal Reserve.
SEC official: Stop spending time writing rules to protect millionaires
WASHINGTON (Reuters) – A top U.S. regulator on Thursday decried a push by some investor advocates to change the rules that define who can qualify to invest in riskier private security deals, saying it is straining resources and that “millionaires can f…
Truckmakers face fines as EU steps up cartel investigation
BRUSSELS (Reuters) – The European Commission has stepped up a wide-ranging cartel investigation that could lead to heavy fines for some of the world’s biggest truckmakers.
Creaking euro zone, China sound warnings for global growth
LONDON/BEIJING/NEW YORK (Reuters) – Surveys sounded warning bells for the global economy on Thursday as euro zone businesses grew less quickly than any forecaster expected, and China and U.S. factories lost momentum.
