Suzuki recalls sedans in U.S. as spider webs block gas vents
DETROIT (Reuters) – Spiders drawn to gasoline vapors and weaving webs that block a hose to vent those vapors have caused Suzuki Motor of America to recall about 19,000 Kizashi mid-size sedans from model years 2010 to 2013, U.S. regulators said on Wedne…
McDonald’s says to appeal court rulings on Moscow branches closures
MOSCOW (Reuters) – McDonald’s said on Wednesday it would appeal a Moscow courts’ rulings ordering the temporary closure of three restaurants in the Russian capital due to sanitary violations.
ECB speculation drives down yields, weighs on euro
LONDON (Reuters) – Euro zone government bond yields plumbed record lows on Wednesday and the euro fell to its weakest in a year against the dollar on expectations the European Central Bank will act soon to counter low growth and slowing inflation.
Japan Abe aide Hamada: Could do next sales tax hike in stages
TOKYO (Reuters) – Japan could soften the impact of a planned sales tax increase by raising it in stages rather than IN a single hike, an outside adviser to Prime Minister Shinzo Abe said on Wednesday.
After disasters, stricken Malaysia Airlines staff brace for job cuts
KUALA LUMPUR (Reuters) – As bodies from downed Flight MH17 were brought home last week, a group of Malaysia Airlines flight attendants, in black mourning headscarves contrasting with their pink and turquoise uniforms, sobbed and clung to each other in …
S&P 500 scores first close above 2,000; data helps
NEW YORK (Reuters) – U.S. stocks edged higher on Tuesday to lift the S&P 500 just a hair above the 2,000 mark, its first close above that milestone, after data that pointed to a brighter future for the economy.
Burger King to buy Canada’s Tim Hortons for $11.5 billion
TORONTO, Aug 26 (Reuters) – Burger King Worldwide Inc announced plans to buy Canadian coffee and doughnut chain Tim Hortons Inc for C$12.64 billion ($11.53 billion) in a cash-and-stock deal that would create the world’s third-largest fast-food restaura…
Apple planning 12.9-inch iPad for 2015: Bloomberg
SAN FRANCISCO (Reuters) – Apple Inc is preparing to roll out a larger, 12.9-inch version of its iPad for 2015, with production set to begin in the first quarter of next year, Bloomberg cited people with knowledge of the matter as saying on Tuesday.
GM ignition-switch fund receives claims for more than 100 deaths
NEW YORK (Reuters) – A program to compensate victims of crashes linked to a faulty ignition switch in General Motors vehicles has received claims for 107 deaths as of Tuesday, according to a spokeswoman for the lawyer overseeing the program.
Buffett puts shareholders ahead of patriotism in Canadian deal
NEW YORK (Reuters) – Warren Buffett may be most famous for the billions of dollars he has made from investing but he is also well known as a cheerleader for the United States. The Oracle of Omaha routinely exhorts investors to put their money in Americ…
