SolarCity to offer Tesla-made batteries to business customers
LOS ANGELES (Reuters) – SolarCity Corp on Wednesday said it will begin offering Tesla Motors Inc-made batteries with its commercial solar systems, allowing businesses to cut what they pay to their local utility by using stored electricity.
Pentagon focused on weapons, data fusion as F-35 nears combat use
WASHINGTON (Reuters) – Lockheed Martin Corp’s F-35 fighter jet is making good progress as it nears initial combat use by the U.S. Marine Corps in July 2015, but the company must still finalize the software needed to deliver weapons and fuse data from i…
China Mobile signs deal with Apple to offer iPhone: WSJ
HONG KONG (Reuters) – China Mobile Ltd , the country’s largest mobile operator, has signed a long-awaited deal with Apple Inc to offer iPhones on its network, the Wall Street Journal reported on Thursday, citing an anonymous source familiar with the ma…
South Korea mulls disciplinary action against Goldman Sachs’ local unit: sources
SEOUL (Reuters) – A South Korean regulator informed Goldman Sachs’ local unit this week of its intent to impose disciplinary action for possible breach of domestic capital markets rules, three regulatory sources said on Thursday.
RBS, S&P sued by European investors for $250 million crisis losses
SYDNEY (Reuters) – Royal Bank of Scotland and rating agency Standard & Poor’s have been sued by a group of European institutional investors for damages of up to $250 million suffered on complex financial products in the lead-up to the global financial crisis.
Ex-aide says Madoff workers duped investor’s account postmortem
NEW YORK (Reuters) – To hear his former aide tell it, even a client’s death posed no problem for Bernard Madoff as he perpetrated his massive Ponzi scheme.
Southwest, Virgin America to buy LaGuardia slots: sources
ATLANTA/WASHINGTON (Reuters) – Southwest Airlines and Virgin American will buy the take-off and landing slots at New York’s LaGuardia Airport that US Airways Group Inc and American Airlines must sell as part of their agreement to merge, three sources s…
Barrick shakes up board, new chairman muses on hedging
(Reuters) – Barrick Gold Corp , under fire for missteps in a tough market, started to address investor demands for a more independent board on Wednesday, by replacing two directors close to its departing founder with a pair of mining industry experts.
Barrick says Munk to step down, two other directors out
(Reuters) – Barrick Gold Corp , under fire for a series of missteps in a tough market, confirmed on Wednesday that its 86-year-old chairman and founder will leave the board this spring, along with two other directors.
Westfield to buy remaining 50 percent in World Trade Center for $800 million
SYDNEY (Reuters) – Shopping mall giant Westfield Group said on Thursday it would buy the remaining 50 percent interest in New York’s World Trade Center for $800 million, which will make the company the sole owner of the shopping mall.
