Apollo boosts regular dividend amid asset sale bonanza
(Reuters) – Apollo Global Management LLC unveiled an increase in the regular component of its dividend as stronger than expected third-quarter earnings on higher fund values had investors speculating about the future pace of asset sales.
RBS unit to pay $150 million to settle U.S. SEC charges
WASHINGTON (Reuters) – A unit of the Royal Bank of Scotland agreed to pay more than $150 million to settle civil charges alleging it misled investors in a financial crisis-era subprime mortgage product, U.S. regulators said on Thursday.
Ikea says police search French offices in staff policing probe
PARIS (Reuters) – The French unit of Swedish furniture retailer Ikea said on Thursday police had searched its French headquarters as part of a probe into how it gathered information on staff and clients.
U.S. spying harms cloud computing, Internet freedom: Wikipedia founder
OSLO (Reuters) – The United States’ alleged large-scale surveillance of global communications networks will badly harm the U.S. cloud computing industry, the founder of Wikipedia said on Thursday.
Washington state lawmakers to weigh spurs for 777X production
OLYMPIA, Washington (Reuters) – The Washington state Legislature was set to convene on Thursday to consider legislation designed to entice Boeing Co to build key parts of its newest jet, the 777X, in the Seattle area.
Tesla reports third fire involving Model S electric car
DETROIT (Reuters) – Tesla Motor Inc’s Model S electric car has suffered its third fire in six weeks, sending its shares down nearly 9 percent in Thursday midday trading.
U.S. retailers’ October sales rise, but holiday concerns remain
(Reuters) – Costco Wholesale Corp and Victoria’s Secret parent L Brands Inc were among the major U.S. retailers to report same-store sales gains for October, but many chains expressed caution heading into the holiday season.
New FCC Regulator Affirms Support For Competition
WASHINGTON (Reuters) – Three days into his job as the top U.S. telecommunications regulator, Tom Wheeler does not want to talk specifics about the Federal Communications Commission’s agenda but has a mantra that he repeats over and over:
New Siemens chief promises share buyback before strategy plan
BERLIN (Reuters) – New Siemens Chief Executive Joe Kaeser promised shareholders a big share buyback on Thursday, but asked for more time to produce a new strategy as he aims to steady the industrial giant after a boardroom battle.
CIA paying AT&T to provide call records – NY Times
(Reuters) – The CIA is paying AT&T more than $10 million a year to provide phone records for overseas counter-terrorism investigations, the New York Times reported, quoting government officials.
