China to hold public trial of foreign couple who worked for GSK
BEIJING (Reuters) – China will try in public a foreign couple linked to drugmaker GlaxoSmithKline Plc on charges of illegally obtaining private information, state media said, after the United States and Britain raised concerns about access to the trial…
U.S. economy gaining traction despite weak housing
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to sustained momentum in the economy even as home building fell for a second straight month in June.
Delphi CEO says the bad ignition switch was GM’s responsibility
(Reuters) – The chief executive of Delphi Automotive , the auto supplier that supplied the defective switch to General Motors Co that has been linked to at least 13 deaths, said on Thursday that the automaker was responsible for approving the faulty pa…
Fed seen likely to raise rates in 2nd quarter of 2015: Reuters poll
WASHINGTON (Reuters) – Rising inflation pressures could push the U.S. Federal Reserve to raise interest rates as early as the second quarter of next year, according to a Reuters poll of analysts.
Fiat Chrysler denies report of merger talks with VW
BERLIN/MILAN (Reuters) – Fiat Chrysler has denied a magazine report saying it’s in merger talks with Volkswagen , while the German carmaker said it had no takeovers on its agenda.
White House sees labor force dropouts getting back into the game
WASHINGTON (Reuters) – The White House said on Thursday it expects America’s strengthening economy will temporarily halt the troubling decline in the share of workers who have jobs or are looking for one.
Airbus eyes ‘smooth’ transition for A330 production
FARNBOROUGH England (Reuters) – Airbus said it would have a “smooth” transition from the A330 jet to a new, updated version of the twin-aisle plane after concerns over production rates hit its shares this week.
VW says no M&A projects on agenda, denies report on Fiat talks
BERLIN (Reuters) – German carmaker Volkswagen said on Thursday there were currently no merger and acquisition projects on its agenda.
U.S. housing starts, permits decline in June
WASHINGTON (Reuters) – U.S. housing starts and building permits unexpectedly fell in June, suggesting the housing market recovery was struggling to get back on track
Recalled Jeeps can be made safer by March, rather than by 2018: Chrysler
DETROIT (Reuters) – Chrysler Group LLC told U.S. safety regulators it could add trailer hitches to recalled Jeep SUVs by March, much sooner than the several years estimated by regulators who had urged the automaker to quicken its pace for fixing the af…
