Apple did not violate Google patent, says U.S. appeals court
WASHINGTON (Reuters) – Apple Inc does not use patented technology owned by Google unit Motorola Mobility in making its iPhones, an appeals court said on Friday.
Fed’s Lacker sees $10 billion taper on table at next meeting
RALEIGH, North Carolina (Reuters) – U.S. Federal Reserve policymakers will likely discuss another $10 billion reduction in the monthly pace of bond buying at their next meeting, said a senior Fed official on Friday, who warned against reading too much …
Tiffany reports a jump in holiday sales
(Reuters) – U.S. jeweler Tiffany & Co reported a 6 percent jump in sales at stores open at least a year during the holiday shopping period, helped by strong demand in America.
U.S. wholesale inventories rise in November, sales up
WASHINGTON (Reuters) – U.S. wholesale inventories rose a bit more than expected in November, suggesting that restocking would probably contribute to economic growth in the fourth quarter.
Europe’s periphery stocks power on, bonds cool ahead of payrolls
LONDON (Reuters) – Euro zone periphery shares sustained their blistering rally on Friday although uncertainty over impending U.S. jobs data cooled the bloc’s bonds and imposed caution on most other markets.
Renault-Nissan’s Ghosn recommends two successors: report
PARIS (Reuters) – Renault-Nissan chief Carlos Ghosn wants to be succeeded by separate chief executives for the allied carmakers when he eventually steps down as head of both, he told Automotive News in an interview published on Friday.
Heathrow says new price cap threatens growth
LONDON (Reuters) – London’s Heathrow warned it could struggle to grow its business after accusing the industry regulator of imposing a “draconian” cap on the prices Britain’s biggest airport can charge airlines.
Some banks easing lending ahead of stress tests: ECB’s Honohan
DUBLIN (Reuters) – Some euro zone banks are restricting lending to boost their performance in financial stress tests this year, a member of the European Central Bank’s (ECB) governing council said on Friday.
Discounts slam U.S. retailers’ holiday season profits
NEW YORK (Reuters) – Many large U.S. retailers slashed their earnings forecasts on Thursday because of steep discounts they offered during the holidays to persuade reluctant consumers.
Fiat to focus on Italy-based Alfa revamp after Chrysler deal
MILAN (Reuters) – Fiat will focus on revamping its Alfa Romeo brand after its planned merger with Chrysler and will keep production of the marque in Italy as it seeks to revive its European operations and protect jobs, its chief executive said on Frida…
