Nissan to lift U.S. output of Leaf electric car as demand climbs
LOS ANGELES (Reuters) – Nissan Motor Co Ltd said it will lift U.S. production of its all-electric Leaf as demand for the car has surged sharply this year following a cut to its sticker price.
Bernanke: Fed committed to easy policy for as long as needed
WASHINGTON (Reuters) – Federal Reserve Chairman Ben Bernanke said on Tuesday the Fed will maintain ultra-easy U.S. monetary policy for as long as needed and will only begin to taper bond buying once it is assured that labor market improvements would co…
Roark Capital Group to buy CKE Restaurants from Apollo
NEW YORK (Reuters) – Private equity firm Roark Capital Group has clinched a deal to acquire Apollo Global Management-based restaurant group CKE Inc, the parent of the Hardees and Carl’s Jr. fast food chains.
Analysis: U.S. retailers brace for margin hit from holiday discounts
(Reuters) – Shoppers like stay-at-home mom Susan Sterling are American retailers’ worst nightmare this holiday season.
J&J unit to pay $2.5 billion in U.S. hip implant settlement
NEW YORK (Reuters) – A unit of Johnson & Johnson has agreed to pay an estimated $2.5 billion to settle thousands of lawsuits from individuals allegedly injured by the company’s artificial hip implants, the company announced Tuesday.
UK minister sees ‘stronger’ G4S after review
(Reuters) – The British minister who launched a review into G4S and Serco’s government contracts scandal said he expects the companies to emerge “renewed and stronger” from the process.
Brazil’s BNDES refuses to extend loan to OSX
RIO DE JANEIRO/NEW YORK (Reuters) – Brazil state development bank BNDES refused to extend a loan to OSX Brasil SA after the ailing shipbuilder’s decision to file for bankruptcy protection, according to a securities filing on Tuesday.
Bernanke: Fed committed to easy policy for as long as needed
WASHINGTON (Reuters) – Federal Reserve Chairman Ben Bernanke said on Tuesday the Fed will maintain ultra-easy U.S. monetary policy for as long as needed and will only begin to taper bond buying once it is assured that labor market improvements would co…
Microsoft’s Gates highlights tough requirements for new CEO
BELLEVUE, Washington (Reuters) – Chairman Bill Gates said on Tuesday he was pleased with Microsoft Corp’s progress in finding a new chief executive but outlined the difficulties in picking the next leader of the world’s largest software company as it s…
ThyssenKrupp postpones results as deal on U.S. plant nears
FRANKFURT (Reuters) – German steelmaker ThyssenKrupp pushed back the publication of its annual financial results as talks to sell a steel plant in the United States entered the home stretch.
