Exclusive: Time for Gates to go, some top Microsoft investors tell board
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.
Some U.S. industries say Wall Street commodity bets a help
WASHINGTON (Reuters) – Several of America’s largest enterprises including Boeing Co and United Parcel Service Inc warned the Federal Reserve on Tuesday that restricting Wall Street’s trading in physical commodity markets could harm their business.
Dollar, U.S. stock futures steady; U.S. government shutdown seen short
TOKYO (Reuters) – The dollar and U.S. stock futures held steady on Wednesday as investors bet the first partial U.S. government shutdown in 17 years will be short-lived.
Wall Street shrugs off government shutdown: for now
NEW YORK (Reuters) – Wall Street took the partial shutdown of the U.S. government in stride on Tuesday, but market analysts expected investor patience to run out if it lasts more than about a week as a more worrisome battle looms in Congress over the f…
Wall Street rebounds as government shutdown seen short-lived
NEW YORK (Reuters) – U.S. stocks kicked off a new month and a new quarter with gains on Tuesday as investors, for now, appeared confident that the first partial government shutdown in nearly two decades would be short-lived.
Brazil’s Odebrecht plans $8.1 billion landmark investment in Mexico
MEXICO CITY (Reuters) – Brazilian conglomerate Odebrecht plans to spend $8.1 billion in Mexico in the next five years in what appears to mark the biggest investment pledge yet from a Brazilian firm in Latin America’s No. 2 economy.
Brazil’s Odebrecht plans $8.1 billion landmark investment in Mexico
MEXICO CITY (Reuters) – Brazilian conglomerate Odebrecht plans to spend $8.1 billion in Mexico in the next five years in what appears to mark the biggest investment pledge yet from a Brazilian firm in Latin America’s No. 2 economy.
Japan’s tax, spending plan double-edged sword for central bank
TOKYO (Reuters) – The Japanese prime minister’s policy mix announced on Tuesday of giving to the economy on the one hand and taking away with the other is set to complicate life for the central bank next year.
JC Penney is sued over share sale, stock plunge
(Reuters) – A JC Penney Co shareholder on Tuesday sued the struggling retailer over its surprise decision to issue more than $810 million of stock to shore up liquidity, which led to a steep drop in its share price.
Exclusive: Blackstone’s La Quinta attracts buyout interest – sources
(Reuters) – La Quinta Inns & Suites has attracted interest from a number of potential suitors that could value the Blackstone Group LP -owned budget hotel chain at as much as $4.5 billion, three sources with knowledge of the matter said this week.
