Ford to host last-minute analyst meeting next week
DETROIT (Reuters) – Ford Motor Co on Friday said it will host an analyst meeting next week, a surprise move that comes as the company prepares for the largest new model launch year in its history and faces mounting questions about Chief Executive Alan …
Qualcomm promotes Mollenkopf to CEO, ends Microsoft talk
SAN FRANCISCO (Reuters) – Qualcomm Inc, the world’s biggest maker of cellphone chips, unexpectedly named Chief Operating Officer Steve Mollenkopf as chief executive on Friday, heading off the possibility he might be poached to run Microsoft Corp.
Exclusive: Ex-UBS banker flown to U.S. to face tax fraud trial
BOLOGNA, Italy (Reuters) – Raoul Weil, an ex-UBS banker charged by U.S. authorities for allegedly helping Americans dodge taxes via secret Swiss bank accounts, was being extradited on Friday to the United States from Italy to face a trial likely to rei…
Boeing to lease more land in South Carolina for $1 per year
CHARLESTON, South Carolina (Reuters) – Boeing Co has obtained a $1-a-year lease for 468 acres of state land near its factory in South Carolina, nearly double the amount expected for a planned expansion, a spokeswoman for the planemaker said on Friday.
Possible heir apparent emerges at Coke after company shakeup
(Reuters) – The surprise departure of a potential Coca-Cola Co chief executive has put the global chief customer officer in contention to eventually succeed CEO Muhtar Kent.
Peugeot shares tumble as GM offloads stake
PARIS (Reuters) – Shares in French carmaker PSA Peugeot Citroen fell a further 11.6 percent on Friday, making for a 23 percent fall in just four days, after U.S. alliance partner General Motors sold its stake ahead of a possible new share issue by the …
U.S. wholesale prices point to muted inflation pressures
WASHINGTON (Reuters) – U.S. producer prices fell for a third straight month in November, pointing to a lack of inflation pressure that could give the Federal Reserve pause as it weighs the future of its bond-buying stimulus.
Lockheed aims to deliver 36 jets in 2013 despite bad weather
FORT WORTH, Texas (Reuters) – Lockheed Martin Corp still expects to deliver 36 F-35 fighter jets from its facility in Fort Worth, Texas, this year despite a five-day halt in flights due to bad weather this week, the company’s F-35 program manager said …
Goldman Sachs takes crown in IFR awards
LONDON (Reuters) – Goldman Sachs was named “Bank of the Year” for 2013 by International Financing Review (IFR) on Friday, which praised the U.S. investment bank’s ability to build market share in the face of a tough economic and regulatory landscape.
BlackBerry extends deadline to boost capital increase
TORONTO (Reuters) – BlackBerry Ltd, which recently concluded a $1 billion convertible debt offering, said it has agreed with its debtholders to extend an option deadline attached to the deal, giving potential investors a chance to buy up to a further $…
