Chrysler recalling over 300,000 Ram trucks for fire hazard
DETROIT (Reuters) – Fiat Chrysler Automobiles NV’s Chrysler Group said on Wednesday it is recalling 381,876 Ram trucks mostly in the United States to correct a potential fire hazard.
Facebook spending gets thumbs up from analysts – if not investors
(Reuters) – Another day, another quarterly report from a technology company that disappointed investors.
Microsoft cuts 3,000 jobs, rounding out July plan
SEATTLE (Reuters) – Microsoft Corp said on Wednesday it cut about 3,000 jobs, effectively completing its plan to reduce its workforce by 18,000, or 14 percent of total staff, announced in July.
Renault posts revenue gain on stronger pricing
PARIS (Reuters) – Renault’s third-quarter revenue rose 6.7 percent as price increases helped overcome weaker emerging market sales, the French carmaker said on Wednesday, upgrading its European auto market growth forecast for the full year.
Britain’s Fraud Office launches probe into Tesco accounting scandal
LONDON (Reuters) – Britain’s Serious Fraud Office (SFO) has opened a formal criminal investigation into accounting errors at Tesco , raising the stakes in a scandal that has hammered the reputation of the country’s biggest grocer.
IBM, Twitter to partner on business data analytics
WASHINGTON (Reuters) – International Business Machines Corp on Wednesday announced a partnership with Twitter to help shape business decisions using data collected from tweets worldwide.
Ally Financial profit jumps on fewer expected loan losses
NEW YORK (Reuters) – Ally Financial Inc , the second largest U.S. auto lender, posted a third-quarter profit on Wednesday as it set aside less money to cover future car loan defaults.
U.S. law firm says investigating AbbVie over collapsed Shire deal
LONDON (Reuters) – U.S. law firm Gardy & Notis, a shareholder rights advocate, said on Wednesday it was investigating AbbVie and its officers over statements made in connection with the drugmaker’s failed move to buy Dublin-based Shire .
Ford recalls 204,448 Ford and Lincoln crossovers for fire hazard
DETROIT (Reuters) – Ford Motor Co said it will conduct a regional recall of 204,448 Ford Edge and Lincoln MKX crossover vehicles to correct an issue that could cause a fire.
German prosecutors drop probe of ex-Morgan Stanley banker
STUTTGART Germany (Reuters) – German prosecutors dropped a two-year investigation into possible breach of trust by a former regional politician and an ex-Morgan Stanley banker over a state’s purchase of a stake worth 4.7 billion euros ($6 billion) in u…
