U.S. appeals panel appears to side with Fed in ‘swipe fee’ suit
WASHINGTON (Reuters) – U.S. appeals judges appeared on Friday to side with the Federal Reserve over a group of retailers who are disputing the level of fees set by the Fed on the use of debit cards.
Exclusive: Areva, Gamesa in offshore wind turbine venture talks – sources
MADRID/PARIS (Reuters) – French state-controlled nuclear group Areva and Spanish wind turbine maker Gamesa are in advanced talks over a joint venture in offshore wind turbines, two sources with direct knowledge of the matter said on Friday.
Intel gives lukewarm revenue forecast; shares fall
SAN FRANCISCO (Reuters) – Intel Corp’s earnings missed expectations by a penny in the fourth quarter due to weak spending on servers, and the chipmaker gave a lukewarm forecast for first-quarter revenue that did little to dispel concerns about a slowin…
Time Warner Cable deal likely to have strings attached by regulators
WASHINGTON (Reuters) – Any expansion by cable provider Comcast, including a deal with Charter Communications to split provider Time Warner Cable between them, would get a tough review from U.S. regulators, who might use the proposal to force Internet p…
Wells, U.S. Bancorp to stop making contentious short-term loans
(Reuters) – Wells Fargo & Co and U.S. Bancorp said on Friday that they would stop offering customers a type of small, short-term loan that has come under regulatory scrutiny.
U.S. consumer sentiment dips in January
NEW YORK (Reuters) – U.S. consumer sentiment slipped in its first January measure, weighed by lowered expectations among lower- and middle-income families, a survey released on Friday showed.
UPS profit hit by shorter U.S. holiday shopping season
(Reuters) – United Parcel Service Inc said its 2013 profit would miss forecasts as a flurry of orders towards the end of a shorter U.S. holiday shopping season and cold weather took a toll on service.
U.S. factories close out 2013 on strong footing
WASHINGTON (Reuters) – U.S. factory output rose a stronger-than-expected 0.4 percent in December, closing out a strong quarter in which overall industrial production advanced at its fastest clip in 3-1/2 years.
BNY Mellon’s fourth-quarter profit shows modest gain
(Reuters) – BNY Mellon Corp said on Friday its fourth-quarter profit rose slightly and met Wall Street expectations as a buoyant stock market lifted investment management and performance fees.
Shell warns of ‘significant’ profit miss
LONDON (Reuters) – Royal Dutch Shell issued a “significant” profit warning on Friday, detailing across-the-board problems and the extent of the challenges facing the oil major’s new boss Ben van Beurden, who took over two weeks ago.
