Poland determined to get compensation for Dreamliner glitches
WARSAW (Reuters) – Poland is determined to get compensation from Boeing for the glitches haunting its 787 Dreamliner jets which are used by the country’s state-controlled carrier LOT , its treasury minister said on Wednesday.
KKR buys stake in appliance maker in biggest China deal
HONG KONG (Reuters) – Investment company KKR & Co LP said it had agreed to buy a 10-percent stake in Qingdao Haier Co Ltd , gaining exposure to China’s home appliances market with its biggest investment in the country to date.
U.S. consumer watchdog says 2009 law reduced credit card fees
WASHINGTON (Reuters) – The total cost of credit card fees and interest payments to U.S. consumers fell and charges for going over allowable credit limits effectively disappeared after a 2009 law cracked down on the market, according to a report release…
Sluggish job creation mutes U.S. office recovery: report
NEW YORK (Reuters) – The U.S. office market mildly improved in the third quarter, as weak job creation continued to plague demand for office space, according to a preliminary report by real estate research firm Reis Inc.
NY to sue Wells Fargo, strike deal with Bank of America over mortgages: sources
WASHINGTON (Reuters) – The New York Attorney General plans to sue Wells Fargo & Co on Wednesday over failures to comply with the terms of the $26 billion national mortgage settlement, according to a person familiar with matter.
NY to sue Wells Fargo, strike deal with Bank of America over mortgages: sources
WASHINGTON (Reuters) – The New York Attorney General plans to sue Wells Fargo & Co on Wednesday over failures to comply with the terms of the $26 billion national mortgage settlement, according to a person familiar with matter.
Developing Asia can weather Fed’s tapering, says ADB
MANILA (Reuters) – Asian economies can ride out the storm when the Federal Reserve finally begins ending years of easy money, with even those most at risk, India and Indonesia, holding enough currency reserves for rough times ahead, according to the As…
Exclusive: Microsoft investors push for chairman Gates to step down
NEW YORK/SEATTLE (Reuters) – Three of the top 20 investors in Microsoft Corp are lobbying the board to press for Bill Gates to step down as chairman of the software company he co-founded 38 years ago, according to people familiar with matter.
Fonterra, Danone in talks to resolve dairy recall dispute
WELLINGTON (Reuters) – New Zealand’s Fonterra , the world’s biggest dairy exporter, said it is in talks to resolve a dispute with Danone over a contamination scare involving a Fonterra ingredient used by the French food manufacturer.
Bitcoin buzz grows among venture investors, despite risks
NEW YORK (Reuters) – Venture capitalists show no sign of shying away from investing in startups related to Bitcoin even as authorities step up their scrutiny of the virtual currency and its possible connection to money laundering and other illegal acti…