IMF, U.S. encourage ECB, Japan monetary stimulus
PARIS (Reuters) – The International Monetary Fund and the United States encouraged the European Central Bank and the Bank of Japan toward greater monetary stimulus on Friday and urged governments around the world to do their share to cultivate growth i…
Ackman to Allergan board: Valeant can pay more for company
BOSTON (Reuters) – Valeant Pharmaceuticals International Inc can pay “substantially” more for Allergan Inc and should get a fair shot at buying it, William Ackman, the Botox maker’s biggest shareholder, said on Friday.
Bombardier shows off CSeries test planes in push for U.S. sales
TORONTO (Reuters) – Canada’s Bombardier Inc has been showing its new medium-range CSeries jet to potential U.S. buyers, a spokeswoman said on Friday, as its test program advances after a summertime halt due to an engine problem.
Exclusive: Wall St. firms seek bigger say in market issues – sources
NEW YORK (Reuters) – A major Wall Street trade group is lobbying to get legislation passed that would give trading firms, banks and institutional investors a greater say in how the U.S. stock market is governed, according to three people familiar with …
U.S. lawmakers want criminal probe of Takata as air bag concerns grow
WASHINGTON (Reuters) – Two Democratic lawmakers on Friday called for the U.S. Justice Department to examine whether air bag-maker Takata broke the law, as authorities study the dangers of the safety device that is now part of a sweeping recall.
Fed’s Yellen says weak fiscal support has slowed global recovery
(Reuters) – U.S. Federal Reserve Chair Janet Yellen on Friday called on politicians across the globe to get their fiscal houses in order during good times to prop up economies during times of turmoil.
French prosecutors seek trial for BPCE chairman Perol
PARIS (Reuters) – French state prosecutors are seeking trial for Francois Perol, chairman of France’s second-biggest retail bank, BPCE, who had been under judicial investigation to determine if his nomination to head the group in 2009 represented a con…
Ford Europe chief and global marketing head to switch jobs
LONDON (Reuters) – Two of Ford Motor Co’s top executives will switch positions, the U.S. carmaker said on Friday, as new boss Mark Fields looks to develop senior managers.
JPMorgan to cut 3,000 more retail banking jobs
(Reuters) – JPMorgan Chase & Co , the largest U.S. bank by assets, said it would cut 3,000 more jobs than previously expected in its retail banking division.
Fed’s Evans again councils patience on raising rates
(Reuters) – The Federal Reserve should be “extraordinarily patient” when it comes to raising interest rates, because doing so too soon could choke off recovery and force the U.S. central bank to cut rates back to zero again, a top Fed official said on …
