Apple gives NFC chip technology a prized seal of approval
SAN FRANCISCO (Reuters) – Apple Inc’s long-awaited launch of tap-to-pay technology in its new iPhones and smartwatch may be the seal of approval that near-field communication technology needs to become as commonplace as wifi, Bluetooth and GPS.
Nevada lawmakers gathering for special session on Tesla tax breaks
CARSON CITY Nev. (Reuters) – Nevada lawmakers are set to convene a special legislative session in Carson City on Wednesday to consider a package of tax breaks estimated at up to $1.3 billion aimed at cementing a deal with Tesla Motors Inc for a $5 bill…
U.S. regulator would welcome delay of EU clearing rules
WASHINGTON (Reuters) – A top U.S. regulator said on Wednesday he would welcome a delay by the European Union that gave more time to resolve a conflict with Washington over making derivatives markets safer.
Dollar General to go hostile with $9.1 billion Family Dollar bid: sources
NEW YORK (Reuters) – U.S. retailer Dollar General Corp is preparing to go hostile as soon as this week in its bid to buy rival Family Dollar Stores , taking its $9.1 billion offer directly to shareholders after being spurned twice by its smaller rival, people familiar with the matter said on Tuesday. ![]()
Soft bounce in Japan machinery orders leaves doubts on outlook
TOKYO (Reuters) – Japan’s core machinery orders rose for a second straight month in July, but analysts said the data failed to dispel some doubts about the strength of business investment that is needed to propel Japan out of the slump caused by April’…
BOJ’s Iwata upbeat on economy, unfazed by post-tax hike slump
KANAZAWA Japan (Reuters) – Bank of Japan Deputy Governor Kikuo Iwata on Wednesday reiterated policymakers’ conviction that the economy can recover from a deep slump, saying that households and companies will boost spending as the pain from an April sal…
Exclusive: PDVSA seeks bids for Citgo in potential $10 billion deal – sources
NEW YORK (Reuters) – Venezuela’s state-run oil company PDVSA [PDVSA.UL] is seeking preliminary offers for its U.S. unit Citgo Petroleum Corp [PDVSAC.UL] by the end of September, a deal that could fetch up to $10 billion, according to two people familia…
U.S. states probe Home Depot breach, senators seek FTC investigation
NEW YORK (Reuters) – Two senators asked the federal government to investigate a data breach on the payment-card processing systems of Home Depot Inc and five U.S. states launched a probe into the matter on Tuesday as fallout from the attack intensified…
Ackman urges Allergan board to ‘wake up’ on Valeant talks
BOSTON (Reuters) – After months of staying largely silent on a deal he is trying to broker, billionaire William Ackman on Tuesday criticized Allergan Inc ‘s board of directors, urging them to “wake up” and at least listen to what potential purchaser Va…
Wall Street ends lower as Apple falls, bond yields rise
NEW YORK (Reuters) – U.S. stocks fell on Tuesday as Apple shares declined and as bond yields hit their highest in a month on concerns the Federal Reserve could raise interest rates sooner than some investors had expected.




