Chrysler recalls more than 25,000 SUVs for braking issue
DETROIT (Reuters) – Chrysler Group LLC said it is recalling 25,250 Jeep and Dodge sport utility vehicles globally to address a braking issue.
U.S. jobs growth last month hit by weather: Fed’s Plosser
PARIS (Reuters) – Severe winter weather likely affected U.S. jobs growth in February, a top Federal Reserve official said on Monday, the latest U.S. central banker to suggest a bit of weakness in the labor market is only temporary.
As Dow seeks growth, new Enlist crop/chemicals seen as key
INDIANAPOLIS (Reuters) – Dan Kittle has spent more than a decade waiting for this day.
Norwegian Air expecting delay on Boeing 787s to be a few weeks-report
OSLO (Reuters) – Norwegian Air was expected to have four Boeing 787 Dreamliners delivered this spring but delivery may now be delayed for a few weeks after Boeing reported finding some wing cracks, daily newspaper Aftenposten said on Monday.
Weak trial witnesses hinder a more aggressive SEC
WASHINGTON (Reuters) – As the U.S. Securities and Exchange Commission seeks to become a more formidable force in the courtroom, a string of trial defeats in the past six months has exposed a weak spot: witness testimony.
U.S. public pensions need more than investment windfall
(Reuters) – Double-digit annual returns for most U.S. public pension systems over the past two years have done little to shrink the yawning deficits facing many of them after a decade of inadequate funding, according to analysts and recent data.
BOJ to maintain stimulus; 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 …
China February exports tumble unexpectedly, heighten slowdown fears
BEIJING (Reuters) – China’s exports unexpectedly tumbled in February, swinging the trade balance into deficit and adding to fears of a slowdown in the world’s second-largest economy despite the Lunar New Year holidays being blamed for the slide.
Central bank guidance soothes markets but also carries risks: BIS
WASHINGTON (Reuters) – Central bank efforts to become more predictable on future interest rate moves have smoothed out short-term upsets in financial markets but could also lead to excessive risk-taking, research from the Bank for International Settlem…
EU watchdog eyes gains from revalued Bank of Italy stakes: reports
MILAN (Reuters) – The European Securities and Markets Authority (ESMA) has raised doubts about whether Italian banks will be able to book gains in their 2013 results resulting from a hike in the value of stakes they hold in the Bank of Italy, newspaper…
