Judge rejects creditors’ bid for Argentine funds held by BNY Mellon
NEW YORK (Reuters) – A U.S. judge refused on Monday to require Bank of New York Mellon Corp to turn over to holders of defaulted Argentine bonds any of the $539 million the country deposited to pay creditors who participated in its past restructurings….
More air bag recalls could test automakers’ Takata ties
BEIJING/TOKYO (Reuters) – Japan’s Takata Corp , whose potentially defective car air bags have been linked to four deaths in the United States, is unlikely to be dumped by its automaker customers given the cost and disruption of such a move – for now.
T-Mobile posts record subscriber growth but losses bigger than expected
WASHINGTON (Reuters) – T-Mobile US Inc on Monday posted record subscriber growth in the third quarter on the back of aggressive marketing campaigns, but booked wider-than-expected losses due to the cost of integrating its MetroPCS network.
Japan retail sales growth accelerates, offering signs of recovery
TOKYO (Reuters) – Japanese retail sales growth accelerated for the third straight month in September in an encouraging sign that consumer spending could be strong enough to absorb a second sales tax increase scheduled for next year.
Japan Sept retail sales rise 2.3 percent year-on-year
TOKYO (Reuters) – Japanese retail sales rose 2.3 percent in September from a year earlier, government data showed on Tuesday, suggesting consumer spending is gradually picking up.
Twitter users and engagement disappoint, shares dive
SAN FRANCISCO (Reuters) – Twitter Inc posted a disappointing 7 percent slide in a closely watched measure of engagement even though its user base grew 23 percent in the third quarter, triggering a more than 9 percent decline in its stock on Monday.
Amgen profit tops Wall Street expectations; raises 2014 outlook
(Reuters) – Amgen Inc on Monday reported higher-than-expected third quarter earnings and revenue, even as net profit fell due to a hefty restructuring charge, and the company raised its full-year forecast and the number of job cuts it expects to make.
Exclusive: Amazon buys comedy service Rooftop Media to expand digital content
NEW YORK (Reuters) – Amazon.com Inc is buying online comedy service Rooftop Media, a small deal that underscores the Internet retailer’s broader ambition of becoming a media and entertainment powerhouse.
More air bag recalls could test automakers’ Takata ties
BEIJING/TOKYO (Reuters) – Japan’s Takata Corp , whose potentially defective car air bags have been linked to four deaths in the United States, is unlikely to be dumped by its automaker customers given the cost and disruption of such a move – for now.
Wall St. flat after last week’s big gain; energy weighs
NEW YORK (Reuters) – U.S. stocks ended near flat on Monday, pausing after the S&P 500’s biggest weekly gain since January 2013, while energy shares fell with another decline in oil prices.
