Private job gains in June largest in 1-1/2 years
NEW YORK (Reuters) – U.S. private payrolls recorded their largest gain in 1-1/2 years in June as businesses stepped up hiring, reinforcing views the economy has rebounded from its first-quarter slump.
Ford’s CEO Fields gets 9 percent raise in annual salary
DETROIT (Reuters) – Ford Motor Co said on Wednesday its new chief executive officer, Mark Fields, will receive a 9 percent increase in his base salary, as well as stock options and a performance-based bonus.
Investment banks jockey for $100 million Samsung restructuring bonanza
HONG KONG/SEOUL (Reuters) – Investment bankers are jostling to win plum roles from the founding Lee family of Samsung Group, South Korea’s top fee-payer, as it prepares to hand the baton to the next generation in a restructuring that could land more th…
Former Goldman staff seek class action status for discrimination
(Reuters) – Two former female employees of Goldman Sachs Group Inc who have accused the bank of gender discrimination are seeking class action status for their case.
Global stocks near fresh highs, U.S. data in focus
LONDON (Reuters) – Global shares advanced toward fresh highs on Wednesday after European markets tracked gains in Asia, with investors looking to see if U.S. employment figures continue a run of upbeat data that has driven Wall Street to record highs.
McDonald’s, Taco Bell, KFC laggards in U.S. fast-food survey
(Reuters) – Fast-food titans McDonald’s, Taco Bell and KFC are conquering the globe, but they are losing to the likes of In-N-Out Burger, Chipotle Mexican Grill and Chick-fil-A in the United States, according to Consumer Reports’ latest fast-food surve…
Budweiser maker strengthens trademark position with Czech buy
PRAGUE (Reuters) – The global brewer behind the U.S. Budweiser lager has moved to strengthen its ownership of the name, making a small acquisition in the Czech city whose rival brew fought for years over rights to one of the world’s best-known brands.
Exclusive: State fund plans to take Malaysia Airlines private for restructuring: sources
KUALA LUMPUR (Reuters) – Malaysian state investor Khazanah Nasional Bhd [KHAZA.UL] plans to take Malaysian Airline System Bhd (MAS) private as the first step in a major restructuring of the loss-making airline following the disappearance of its Flight …
Intelligent cars draw investors to tech stocks
PARIS (Reuters) – Technology and telecoms firms could be the big winners in a connected car market that may be worth $50 billion over the next decade, luring investors away from traditional automakers.
Roche to buy U.S. biotech firm Seragon for up to $1.7 billion
ZURICH (Reuters) – Roche Holding AG said it would pay up to $1.725 billion to buy Seragon Pharmaceuticals, a privately-held U.S. biotech company that researches breast cancer treatments.
