Jobs, cars seen cementing U.S. spring rebound
BRUSSELS (Reuters) – The United States can firmly consign its weather-beaten start to the year to history this week with June vehicle sales and jobs data expected to show a strong end to the second quarter.
U.S. agency probes Nissan Versa over speed control
WASHINGTON (Reuters) – U.S. safety regulators are investigating complaints that a carpet cover trim panel is causing unwanted acceleration in Nissan Versa cars and preventing drivers from braking.
American Apparel adopts shareholder rights plan
NEW YORK (Reuters) – American Apparel Inc has adopted a one-year shareholder rights plan to help its board of directors better protect its stockholders and ensure they are treated fairly, the company said on Saturday.
BNP Paribas CEO tells employees bank facing heavy U.S. penalties
PARIS (Reuters) – BNP Paribas Chief Executive Officer Jean-Laurent Bonnafe in a message to employees seen by Reuters has warned that the French bank is facing heavy penalties following a U.S. investigation into breaking sanctions which should end “very…
Nestle recalls ice cream that fails to note peanuts in labeling
(Reuters) – Nestle USA is recalling 10,000 packages of chocolate peanut butter ice cream that were incorrectly labeled as another flavor, putting consumers with peanut allergies at risk, the company said.
Thai Airways names new acting president
BANGKOK (Reuters) – The board of Thai Airways International Pcl has appointed Air Chief Marshal Siwakiat Jayema as acting president from July 1 as the country’s military rulers reshuffle and restructure the loss-making carrier hit by months of politica…
GM recalls thousands of new pickups, SUVs, in U.S. and Canada
(Reuters) – General Motors Co announced on Friday that it would recall 428,211 more vehicles in the United States, including new four-wheel drive pickups and SUVs with a software problem that could cause the vehicles to automatically switch to neutral …
U.S. auctions some 30,000 bitcoins from Silk Road raid
NEW YORK (Reuters) – The U.S. Marshals Service on Friday auctioned off about 30,000 bitcoins seized during a raid on Silk Road, an Internet black-market bazaar where authorities say illegal drugs and other goods could be bought.
Exclusive: Loophole for condensate exports may apply to other U.S. crudes – sources
(Reuters) – The U.S. decision allowing minimally processed super-light oil known as condensate to be freely exported may open the door to doing the same with other types of crude too, according to industry and government sources who have reviewed the r…
New York AG Schneiderman finally flexes muscles against Wall Street
NEW YORK (Reuters) – New York Attorney General Eric Schneiderman, long seen as a secondary force in policing Wall Street banks, is taking the lead in what may be the most ambitious case of his career: accusing Barclays Plc of favoring its high-frequenc…
