Microsoft board close to naming Nadella as new CEO: source
NEW YORK/SEATTLE (Reuters) – Microsoft Corp is likely to appoint its cloud-computing head, Satya Nadella, as its next chief executive, a source familiar with the matter said on Thursday, as the board concludes a five-month search for a tech-savvy heavy…
Experts predict Lenovo’s U.S. buys will pass regulatory muster
WASHINGTON (Reuters) – U.S. officials are likely to allow China’s Lenovo Group to buy IBM’s low-end server business and Google Inc’s Motorola Mobility handset business if it agrees to concessions aimed at protecting U.S. national security, experts said…
Japan inflation quickens to over five-year high, output rebounds
TOKYO (Reuters) – Japan’s core consumer inflation rose at the fastest pace in more than five years in December and the job market improved, encouraging signs for the Bank of Japan as it seeks to vanquish deflation with aggressive money printing.
Mitsubishi Motors’ long-time president to step aside: sources
TOKYO (Reuters) – Mitsubishi Motors Corp will appoint Managing Director Tetsuro Aikawa to replace Osamu Masuko as president, while Masuko, who has led the automaker for the past nine years, will become chairman after stepping aside, sources close to th…
New York private equity manager, firm charged with $9 million theft
(Reuters) – The U.S. Securities and Exchange Commission (SEC) announced on Thursday it has charged a New York private equity manager and his firm with stealing more than $9 million from fund investors.
Amazon warns of possible loss, mulls Prime fee-hike
SEATTLE (Reuters) – Amazon.com Inc missed Wall Street’s estimates for the crucial holiday period and cautioned investors about a possible operating loss this quarter as shipping costs climb, pushing its shares down more than 5 percent.
Toyota tells U.S. agency seat issue could lead to recall
DETROIT (Reuters) – Toyota Motor Corp has alerted U.S. safety officials that seat material in several vehicles, including its top-selling Camry sedan, fails to meet fire retardation standards and could result in a recall.
Apple, Samsung spar over potential U.S. ban on smartphone sales
SAN JOSE, California (Reuters) – Samsung sought to defeat Apple’s bid for a permanent sales ban against some Samsung smartphones, arguing in court on Thursday that Apple’s request was an attempt to instill fear among telecom carriers and retailers that…
Microsoft board preparing to name Nadella as CEO: report
SEATTLE (Reuters) – Microsoft Corp’s board is preparing to name internal executive Satya Nadella as the software company’s next chief executive, Bloomberg reported on Thursday, citing unnamed sources it said were briefed on the CEO search process.
Japan January manufacturing PMI at 8-year high
TOKYO (Reuters) – Japanese manufacturing activity grew in January at the fastest pace in nearly eight years as new orders for goods expanded at a record rate, a sign of robust domestic demand before an increase in the sales tax in April.
