The authors sued Google, whose parent company is now named Alphabet Inc (GOOGL.Chin found Google’s scanning of tens of millions of books and posting “snippets” online constituted “fair use” under U.
conglomerate, which is pulling back from financial services, also said third-quarter industrial revenue grew 4 percent, excluding the impact of foreign currency swings and acquisitions.The Federal Reserve earlier this week said Synchrony could function as a standalone company.
N), already under fire over steep price hikes for two heart drugs, said it had been subpoenaed by U.prosecutors seeking details on its patient assistance programs, drug pricing and distribution practices.
The index at current levels has historically been consistent with roughly a 4 percent annualized rate of consumer spending growth, according to economists.REUTERS/Rebecca CookWEAK INDUSTRIAL PRODUCTION In a separate report, the Federal Reserve said industrial output slipped 0.
NEW YORK (Reuters) - The Federal Reserve should begin to hike rates because the U.Repeating a message she has delivered for months, Cleveland Fed President Loretta Mester said delaying the long-anticipated policy tightening only risks having to hike rates aggressively down the line.
N) on Wednesday named the head of its electronic systems sector as chief operating officer and said it would streamline its business sectors from four to three to better align with the U.The company said it would merge elements of its current Electronic Systems and Information Systems sectors to create a new Mission Systems business focused on developing new capabilities for military and intelligence customers.
(Reuters) - South Africa’s Congress of South African Trade Unions (COSATU) said the government, regulators and pension funds should not agree to the $106 billion takeover of SABMiller Plc SABJ.L by Anheuser-Busch InBev SA (ABI.
NEW YORK (Reuters) - Oil prices fell again on Wednesday as concerns of a growing global supply glut negated optimism in recent weeks about declining U.shale oil production is expected to fall by 93,000 bpd in November, the U.
PA) is likely to increase aircraft output at its Mobile, Alabama, factory beyond its current four-a-month target, the mayor of the Southern U.Airlines ordering new planes face a long wait for them, and both Boeing and Airbus plan to increase rates to help shorten delivery times.
judge on Tuesday agreed to not extend the term of a court-appointed monitor assigned to review Apple Inc’s antitrust compliance program despite the difficult environment the monitor faced in dealing with the iPad maker.The Justice Department said its recommendation was “not an easy one” given that relationship.
The BRC said the total value of retail sales between Aug.8 percent growth.
8 percent expected at the start of the quarter, and down by half from the 17.The S&P 500 financials index has underperformed the broader market, and has slumped 5.
LONDON (Reuters) - The coming week will provide clues on whether the global economy is escaping from its lackluster growth rut, amid growing concerns of another downturn which central banks have few tools left to fight.In contrast, other major central banks long ago set the printing presses running to flood their economies with newly created money, spending around $7 trillion to defend themselves during the global financial crisis.
LONDON (Reuters) - The level of announced mergers and acquisitions (M&A) for the year has reached an all-time high, helped by Anheuser-Busch InBev’s (ABI.Global announced M&A reached a total value of $3.
The proposed agreement would have narrowed the gap between veteran UAW workers, who earn about $28 an hour, and more recent hires, who are paid about $19 an hour.But workers said it did not narrow the gap sufficiently or fast enough.
tests for emissions harmful to human health, was not a corporate decision, but something a few employees engineered, Horn said under oath.and California regulators with a preliminary attempt at a software fix for the defeat devices it installed in 2012-2014 Passats, the U.
LIMA (Reuters) - Japan and China agreed on the need for both economies to steadily promote structural reforms to achieve sustainable growth, Japanese Finance Minister Taro Aso said.On the Group of 20 finance leaders’ working dinner, Aso said there was no particular discussions on China’s economy or on the potential global fallout from an expected interest rate hike by the U.
PARIS (Reuters) - Air France’s (AIRF.PA) main pilot union SNPL is ready to resume talks with the carrier’s management over a planned restructuring, a union spokesman said on Thursday.
ST) as the world’s biggest fashion retailer, said it would only open five Uniqlo stores in the United States in the fiscal year that began on Sept.5 billion yen profit instead, a 26 year-on-year percent increase.
FRANKFURT (Reuters) - Deutsche Bank’s new boss John Cryan set about cleaning up Germany’s biggest bank on Thursday, revealing a record pre-tax loss of 6 billion euros ($6.Write downs, impairments and litigation costs all contributed to the loss, the bank said.