After long buildup, U.S.-EU free trade talks finally begin
WASHINGTON (Reuters) – The United States and the European Union, after nearly two years of preparation, start talks on Monday aimed at securing a free-trade agreement to squeeze new economic growth out of the world’s largest trade and investment relati…
Weak professional job growth hurts U.S. office market: Reis
NEW YORK (Reuters) – A lack of growth in white-collar jobs hurt the market for U.S. office space in the second quarter, with the vacancy rate stagnant at 17 percent, according to a report released on Monday by real estate research firm Reis Inc.
Investment group sues U.S. over Fannie, Freddie bailout terms
WASHINGTON (Reuters) – A group of investors led by hedge fund Perry Capital LLC sued the U.S. Treasury in federal court on Sunday to challenge the 2012 changes of the bailout terms set for government-owned mortgage firms Fannie Mae and Freddie Mac.
China second quarter GDP to test reformers’ stomach for weaker growth
BEIJING (Reuters) – China’s resolve to revamp its economy for the long-term good will be tested this month when a slew of data show growth is grinding towards a 23-year low, with no recovery in sight.
Target Stores co-founder dies at 88
(Reuters) – Douglas Dayton, the man who helped start Target Corp as a family-owned department store in 1961 and turned it into one of the largest discount retail chains in the United States, has died at the age of 88.
U.S. relaxes health law income, insurance status rule for exchanges
WASHINGTON (Reuters) – Days after delaying health insurance requirements for employers, the Obama administration has decided to roll back requirements for new state online insurance marketplaces to verify the income and health coverage status of people…
In difficult year for Boeing, 777 crash may not be major setback
(Reuters) – The first fatal crash of a Boeing 777 jetliner on Saturday may not pose much of a setback to the company, in part because design features of the plane helped prevent burning and break-up that could have led to greater loss of life, experts …
Malone, cable deals in spotlight at Sun Valley conference
(Reuters) – Liberty Media Corp Chairman John Malone, who has bought and sold cable and media companies for decades, might be the most popular billionaire roaming the Sun Valley Resort as deal making returns to the spotlight at the annual gathering of m…
Mobileye says investors value it at $1.5 billion
(Reuters) – Mobileye N.V., whose collision-avoidance technology has been adopted in cars made by the likes of BMW AG and General Motors Co , said on Sunday it had raised money from five investors that valued its equity at $1.5 billion, highlighting the…
BP oil spill claims climb ahead of appeal day
LONDON (Reuters) – The number of claims filed against BP Plc’s oil spill compensation fund has risen by 18 percent over the last six weeks to a total of 195,403, according to the claims website – even though payouts began almost a year ago and the fund…
