Mexican companies sue Yahoo, law firm charge conspiracy to avoid $2.7 billion judgment
NEW YORK (Reuters) – Two Mexican companies have sued Yahoo! Inc and law firm Baker & McKenzie in New York federal court, accusing them of engineering a conspiracy to avoid a $2.7 billion judgment issued by a Mexico court in 2012.
Exclusive : Univision to provide content for DirecTV online service by year end
(Reuters) – Hispanic media giant Univision will be a major supplier of content when satellite operator DirecTV launches an Internet-delivered service aimed at a Hispanic audience, according to two people with knowledge of the agreement.
David Rosenberg: U.S. stocks in correction, but bull market intact
NEW YORK (Reuters) – The U.S. stock market has entered into a corrective phase, but the underlying bull market remains in place, David Rosenberg, chief economist and strategist of Canadian asset manager Gluskin Sheff, said on Thursday.
David Rosenberg: U.S. stocks in correction, but bull market intact
NEW YORK (Reuters) – The U.S. stock market has entered into a corrective phase, but the underlying bull market remains in place, David Rosenberg, chief economist and strategist of Canadian asset manager Gluskin Sheff, said on Thursday.
JP Morgan’s Dimon finishes scheduled cancer treatments: WSJ
(Reuters) – JPMorgan Chase & Co CEO Jamie Dimon, who was diagnosed with throat cancer this year, finished his scheduled rounds of radiation and chemotherapy treatment this week, the Wall Street Journal said, citing people familiar with the matter.
Eastman Chemical to buy Taminco for $1.8 billion
(Reuters) – Eastman Chemical Co said it will buy Taminco Corp for $1.8 billion to get a key chemical used in products for the food, agricultural and water treatment markets.
Airbus CEO criticizes German arms export rules
BERLIN (Reuters) – The chief executive of aerospace and defense group Airbus criticized the German government on Thursday for its restrictive arms export policy, saying it could deter international cooperation on future defense projects.
Toyota recalling 130,000 Tundras for air-bag issue
DETROIT (Reuters) – Toyota Motor Corp is recalling 130,000 2014 Tundra pickup trucks to correct a problem with side air bags, the automaker’s U.S. sales arm said Thursday.
Amid Alibaba fever, reasons for caution in IPO market
NEW YORK (Reuters) – The highly anticipated debut of Alibaba Group Holding Ltd, the Chinese e-commerce group, will come amid the busiest year for initial public offerings since the technology bubble burst in 2000.
U.S. jobless claims rise, but firming labor market trend intact
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but that probably does not signal a material shift in labor market conditions as claims remain near their pre-recession levels.
