Freescale loss in Malaysia tragedy leads to travel policy questions
SAN FRANCISCO (Reuters) – The loss of 20 key Freescale Semiconductor employees in the disappearance of a Malaysian airliner on Saturday raises questions about whether the company should have allowed so many of them to board the same plane, but security…
EBay rejects Icahn board nominees, asks investors to do same
(Reuters) – EBay Inc on Monday rejected activist investor Carl Icahn’s two nominees to its board, saying both were unqualified, and urged shareholders to vote against them at its next annual meeting.
U.S. stocks dip after China, Boeing data
NEW YORK (Reuters) – U.S. stocks dipped on Monday, weighed down by soft data out of China and Boeing’s latest production setback.
Exclusive: Chobani seeks to sell stake at $2.5 billion valuation – sources
NEW YORK (Reuters) – Chobani, the Greek yogurt maker that has grown into a U.S. sensation, is looking to sell a minority stake in a deal that could value the company at around $2.5 billion, people familiar with the matter said.
Europe inches closer to deal on bank resolution, more talks ahead
BRUSSELS (Reuters) – Euro zone governments edged closer on Monday towards a deal on how to wind down failing banks, but reached no conclusions and more negotiations will take place on Tuesday to address demands of the European Parliament.
Ackman to renew attack on Herbalife with aim on China business
(Reuters) – William Ackman’s hedge fund Pershing Square Capital Management LP said it would unveil on Tuesday details about Herbalife Ltd’s violations in China as the activist investor sharpened his attack against the nutritional products company.
BOJ to hold fire but exports seen as a concern
TOKYO (Reuters) – The Bank of Japan is expected to maintain its massive monetary stimulus on Tuesday on a view the economy can weather a sales tax increase in April without extra support, although there is expected to be some concern about weakness in …
Mt. Gox files U.S. bankruptcy, opponents call it a ruse
(Reuters) – Mt. Gox, once the world’s largest bitcoin exchange, received U.S. bankruptcy protection on Monday to temporarily halt U.S. legal action against the Japanese company by traders who allege the operation was a fraud.
EU lawmakers to press Barnier on scope of bonus cap rule
LONDON (Reuters) – European Union rules to cap bankers’ bonuses were in doubt on Monday after the bloc’s lawmakers agreed to consider a revamp to stop Britain’s banks softening their impact.
Boeing delays decision on 787-10 production site
NORTH CHARLESTON, South Carolina (Reuters) – Boeing Co has delayed a decision on where it will build the 787-10, the newest version of its 787 Dreamliner, a spokeswoman confirmed on Monday.