BlackBerry signs up Samsung, others, in new mobile services push
SAN FRANCISCO/TORONTO (Reuters) – BlackBerry announced partnerships with Samsung Electronics Co and other high-profile tech players on Thursday, broadening the reach of its new mobile-device management and security platform, and sending its shares 7 pe…
Buffett’s Berkshire Hathaway buys P&G’s Duracell
(Reuters) – Berkshire Hathaway Inc has agreed to acquire Procter & Gamble Co’s Duracell battery unit in a complex transaction that lets Berkshire Chairman Warren Buffett buy a business he has supported for two decades and shave his company’s tax bill.
Dow at record but S&P flat as energy weighs
NEW YORK (Reuters) – The Dow industrials closed at a record high on Thursday, boosted by gains in Wal-Mart, but the S&P 500 was little changed as energy shares tracked crude futures prices lower.
Exclusive: Export-Import Bank admits errors in small biz data
WASHINGTON (Reuters) – The U.S. Export-Import Bank has mischaracterized potentially hundreds of large companies and units of multinational conglomerates as small businesses, a flaw in its record keeping that could undermine the export lender’s survival…
Herbalife board member a target in long-running Brazilian fraud case
By Svea Herbst-Bayliss, Jeffrey Dastin and Marcelo Teixeira
Exclusive: U.S. FTC asking Apple about health data protection
SAN FRANCISCO/WASHINGTON (Reuters) – The U.S. Federal Trade Commission is seeking assurances from Apple Inc that it will prevent sensitive health data collected by its upcoming smartwatch and other mobile devices from being used without owners’ consent…
Wal-Mart sales rise as it girds for competitive holiday season
(Reuters) – Wal-Mart Stores Inc same-store sales, helped by lower gas prices, rose for the first time in seven quarters, but the world’s largest retailer warned it was preparing for a bruising holiday season as it moves to match prices with online outl…
British report raises questions about ties between currency traders, brokers
LONDON (Reuters) – An independent report into the Bank of England’s role in the global currency market has raised questions about the relationship between commercial bank dealers and brokers for the first time since regulators began investigating tradi…
Fed’s Fisher to be second policy hawk to retire in March
(Reuters) – Dallas Federal Reserve President Richard Fisher will retire on March 19, becoming the second policy hawk to leave the U.S. central bank just a few months before most economists expect the Fed to start its first round of interest rate hikes …
Exclusive: Apollo to bid for GlaxoSmithKline’s mature drugs – sources
LONDON (Reuters) – Apollo Global Management is planning to bid for all GlaxoSmithKline’s mature drugs, joining an auction expected to value the business at more than $3 billion, according to four people familiar with the process.
