Analysis: As boomers age, Harley hunts for younger riders
CHICAGO (Reuters) – Harley-Davidson Inc doesn’t do much quietly. Its motorcycles are notoriously noisy. Its slogans – “Screw It. Let’s Ride.” – are loud too.
BP wants inquiry into alleged payments to oil spill lawyer
LONDON (Reuters) – Oil company BP called on Friday for an inquiry into an allegation a lawyer working for the administrator of compensation payments for the Gulf of Mexico oil spill referred claims to a New Orleans law firm in exchange for a share of s…
Companies ditch renting to cut property costs
LONDON (Reuters) – After decades of renting being the norm, companies with offices in the world’s major cities are seeing more financial sense in buying their own buildings, prompted by a mix of cheap debt, stockpiled cash and new accounting rules.
Lockheed aims to conquer markets outside U.S.
PARIS (Reuters) – Lockheed Martin Corp , already the biggest U.S. weapons maker and largest provider of IT services to the U.S. government, wants to become a powerhouse in foreign markets such as the Middle East and India, a top executive said.
Olive Garden parent Darden quarterly sales beat Wall Street
(Reuters) – Darden Restaurants Inc reported better-than-expected quarterly sales, helped by aggressive promotions and an expanded menu at its Olive Garden and Red Lobster chains.
Global shares, bonds steady after Fed-driven selloff
LONDON (Reuters) – World shares, bonds and commodities recovered some lost ground on Friday, after a sharp sell-off triggered by the U.S. Federal Reserve’s plan to roll back the asset-buying program which sustained markets through the financial crisis….
Analysis: Creeping mistrust stops euro zone banks lending to peers across bloc
BRUSSELS/FRANKFURT (Reuters) – Euro zone banks are refusing to lend to peers in other countries in the common currency bloc, signaling a worrying fall in confidence that appears to have worsened since the Cyprus bailout earlier this year, data analyzed…
Insight: Losses loom for investors enmeshed in mortgage chaos
(Reuters) – Since the financial crash, banks have been accused of wrongfully foreclosing on homeowners because they failed to create and maintain proper mortgage paperwork. Now, there are signs that chaotic document management is harming investors in m…
BOJ’s Kuroda: Markets will stabilize over time
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Friday stressed that financial markets will likely stabilize over time, reflecting improvements in Japan’s economy.
Analysis: Creeping mistrust stops euro zone banks lending to peers across bloc
BRUSSELS/FRANKFURT (Reuters) – Euro zone banks are refusing to lend to peers in other countries in the common currency bloc, signaling a worrying fall in confidence that appears to have worsened since the Cyprus bailout earlier this year, data analyzed…
