Apple loses court bid to block e-book antitrust monitor
NEW YORK (Reuters) – Apple Inc lost a bid on Monday to block an antitrust monitor appointed after a judge found that the company had conspired to fix e-book prices.
GM won’t hesitate to redo designs of underperforming cars: executive
DETROIT (Reuters) – General Motors Co will not hesitate to delay or redo existing vehicles or those under development if they are underperforming or poorly received – as GM did with the next version of its Chevrolet Cruze small car, a top executive sai…
Agreement reached on details of $1 trillion spending bill: Mikulski
WASHINGTON (Reuters) – Negotiators in the U.S. Congress have reached agreement on a $1 trillion spending bill aimed at keeping the federal government open through September 30, Senate Appropriations Committee chairwoman Barbara Mikulski said on Monday….
Google to acquire Nest for $3.2 billion in cash
SAN FRANCISCO (Reuters) – Google Inc took its biggest step to go deeper into consumers’ homes, announcing a $3.2 billion deal to buy smart thermostat and smoke alarm-maker Nest Labs Inc, scooping up a promising line of products and a prized design team…
Charter offers to buy Time Warner Cable in public appeal to shareholders
NEW YORK (Reuters) – Charter Communications Inc formally offered on Monday to acquire larger rival Time Warner Cable for $37.3 billion, signaling the start of what is likely to be a contentious battle for control of the No. 2 U.S. cable operator.
Agreement reached on $1 trillion U.S. spending bill: Mikulski
WASHINGTON (Reuters) – Negotiators in the U.S. Congress have reached agreement on a $1 trillion spending bill for consideration this week in an effort to stave off another government shutdown until at least September 30, Senate Appropriations Committee…
Volvo chief says company returned to profitability in 2013
DETROIT (Reuters) – Volvo Car Corp Chief Executive Hakan Samuelsson said on Monday the Swedish automaker returned to profitability in the year just ended after fixing its business in China and making cost cuts.
Apple loses bid to block antitrust monitorship
NEW YORK (Reuters) – Apple Inc lost a bid on Monday to block an antitrust monitor appointed after a judge’s finding that the company conspired to fix e-book prices.
Bentley eyes ultra-exclusive auto collectors’ segment
DETROIT (Reuters) – British luxury brand Bentley sees a market for ultra limited-edition vehicles that appeal to clients who place a premium on scarcity, Kevin Rose, board member for sales, said on Monday.
Wall Street slides on caution ahead of earnings
NEW YORK (Reuters) – U.S. stocks tumbled on Monday on caution ahead of corporate results, as mounting negative pre-announcements left a lackluster profit growth outlook.