Toyota to recall 690,000 Tacoma vehicles in U.S. to fix suspension
(Reuters) – Toyota Motor Sales U.S.A. Inc, a unit of Toyota Motor Corp , said it would recall about 690,00 Tacoma 4X4 and Tacoma pre-runner pickup trucks to fix issues with the vehicles’ rear suspension system.
Six years after AIG bailout, trial asks: was it legal?
WASHINGTON (Reuters) – One of the more unusual trials to come out of the 2008 financial crisis is set to begin on Monday, when a federal judge will consider whether the U.S. government’s rescue of American International Group Inc was, in fact, legal.
RBS to invest $1.6 billion on services to corporate clients
LONDON (Reuters) – State-backed Royal Bank of Scotland said on Monday it would invest more than 1 billion pounds ($1.6 billion) to improve services for its commercial and corporate customers.
GE inks more than $500 million power equipment order with Exelon
(Reuters) – General Electric Co said on Monday it has won an order worth more than $500 million to provide power-generating equipment to U.S.-based Exelon Corp , including four of GE’s highest efficiency gas turbines.
U.S. trade pact in spotlight as new EU Commission faces grilling
BRUSSELS (Reuters) – The European Union’s likely next trade chief will face tough questions about how she would handle free trade negotiations with the United States when confirmation hearings for the new European Commission open on Monday.
Family Dollar says state attorneys general to probe Dollar General bid
(Reuters) – (This September 26 story is refiled to add paragraph that says certain state attorneys general are also investigating Dollar Tree’s bid)
Fed’s Evans repeats call for patience in raising U.S. interest rates
(Reuters) – The Federal Reserve should be “exceptionally patient” in removing monetary policy accommodation, delaying interest-rate hikes until it is confident the U.S. economy can withstand them and only raising rates slowly once it starts, a top Fed …
U.S. pending home sales fall more than expected in August
WASHINGTON (Reuters) – Contracts to purchase previously owned U.S. homes fell more than expected in August, pointing to a still shaky housing sector.
Uber to use regular taxi drivers in Germany
FRANKFURT (Reuters) – Online transportation company Uber said on Monday it would offer services using regular, licensed taxi drivers in Germany, where taxi associations have been trying to stop it operating.
UBS eyes higher shareholder returns in new group structure: CFO
LONDON (Reuters) – A corporate structure unveiled by UBS AG on Monday will lead to higher shareholder returns in the long run, Chief Financial Officer Tom Naratil told Reuters.
