In Washington state, Tesla finds way to share the road with dealers
(Reuters) – On President’s Day last month, about 40 electric-car advocates gathered under the rotunda of the state capitol in Olympia, Washington, where a lobbyist for Tesla Motors Inc urged them to rally against a bill that would prevent the carmaker …
Yellen likely repeated market views on rate hike timing: Fed’s Bullard
WASHINGTON (Reuters) – Federal Reserve Chair Janet Yellen was likely just repeating the views of private analysts and investors when she said the central bank could raise interest rates six months after ending a bond-buying program, a top policymaker s…
Insurers see double-digit Obamacare price rises in many states next year
(Reuters) – U.S. consumers eligible for Obamacare health plans could see double-digit price hikes next year in states that fail to draw large numbers of enrollees for 2014, including some states that have been hostile to the healthcare law, according t…
Mitsubishi UFJ’s De Souza to leave post at end of March: source
LONDON (Reuters) – Clifford De Souza, the principal executive officer of Mitsubishi UFJ’s investment banking arm, is to leave his role at end of March, a source familiar with the matter said on Friday.
Goldman, Prysmian, Nexans face cable price-fixing fines – sources
BRUSSELS (Reuters) – Goldman Sachs and world No.1 cablemaker Prysmian will be charged along with France’s Nexans and several Japanese cable firms next month by the EU for operating an industry price-fixing cartel, four people with knowledge of the matt…
Nasdaq NLX says 10 percent market share in key contract shows momentum growing
LONDON (Reuters) – Nasdaq OMX’s new London-based derivatives exchange has achieved 10 percent market share in one of its contracts, a level of liquidity that will draw more market participants to connect, its chief executive said.
Japan has many tools to exit from easy monetary policy: BOJ’s Kuroda
LONDON (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Friday the central bank has a number of tools to exit from its ultra-easy monetary policy other than asset sales but that it was premature to speak about an exit.
Pimco launches first closed-end fund in Canada
(Reuters) – Pacific Investment Management Co on Friday launched the Pimco Global Income Opportunities Fund, one of the largest closed-end funds to list on the Toronto Stock Exchange , according to a statement by the firm.
M&A pickup among U.S. conglomerates may be undercut by prices
NEW YORK (Reuters) – When United Technologies Corp paid more than $16 billion to buy plane parts-maker Goodrich Corp about two years ago, the U.S. conglomerate’s biggest-ever takeover raised some eyebrows for its rich valuation.
Obama to meet with U.S. tech executives on privacy, surveillance
WASHINGTON (Reuters) – Executives of several large U.S. Internet companies, including Google Inc and Facebook Inc, will meet with President Barack Obama on Friday to discuss changes to government surveillance programs.
