Three major central banks have hit the zero limit, the Fed, the European Central Bank and the Bank of Japan.During her news conference Fed Chair Janet Yellen referred repeatedly to global events that had affected the U.
California alone represented 41 percent of sales, according to the USDA.Nationwide, the total number of organic farms dropped by 3 percent to 14,093 last year from 14,540 in 2008, according to the USDA.
(Reuters) - American Airlines (AAL.Some 525 flights on American Airlines were delayed and five canceled on Thursday, according to flight-tracking website FlightAware.
They are simultaneously exploring an outright sale of Petco, and are in talks with several private equity firms, including Apollo Global Management LLC (APO.TPG and Leonard Green have now started informal talks with PetSmart in the hope of fetching a higher price for Petco, the sources said.
BRUSSELS (Reuters) - Airlines have to pay passengers compensation when flights are canceled or delayed due to unforeseen technical problems, the European Union’s top court ruled on Thursday, handing a victory to consumers.PA) refused to pay compensation on the grounds that the technical faults that caused the delay were extraordinary circumstances.
N) has agreed to pay $900 million and sign a deferred-prosecution agreement to end a U.2 billion in 2014 to reflect costs associated with recalls, and a special fund was established to compensate victims of the ignition switch defect.
plants in Greenville, South Carolina; Schenectady, New York; and Bangor, Maine, will lose out on those jobs if GE wins the power bids, a GE spokeswoman said.The company is bidding on $11 billion worth of international power projects that require export credit agency financing, including some in Indonesia.
The F-35 is the Pentagon’s largest arms program, with an estimated price tag for development and production of $391 billion over the next five decades.Lockheed is developing and building three models of the F-35 for the U.
FRANKFURT (Reuters) - German carmarker BMW is preparing to rethink its products, design and business models for the advent of driverless cars, a board member at the Bavarian company said on Tuesday.Whether BMW owns these fleets our outsources the business is an open question,” Schwarzenbauer said.
CHICAGO (Reuters) - Package delivery company FedEx Corp (FDX.The news sent FedEx shares down more than 2 percent.
faces significant challenges selling its larger and more powerful iPad Pro to businesses because companies are reluctant to switch software vendors and use an expensive device that lacks specialized business apps, analysts said.Schiller called the iPad Pro “ideal for professional productivity.
N) F-15 fighter jets flying longer, and upgrade their capabilities, a top general said Tuesday.General Hawk Carlisle, commander of Air Combat Command, said recent stress tests of the F-15C had revealed longer-term structural issues, and the airplanes might eventually need new wings and longerons.
DETROIT (Reuters) - Fiat Chrysler Automobiles and the United Auto Workers union reached a tentative agreement for a new labor contract for the company’s 40,000 unionized workers in the United States on Tuesday, the union and the company said.The deal, which must now go before Fiat Chrysler Automobiles (FCHA.
CHICAGO (Reuters) - Target Corp said on Tuesday it has partnered with Instacart Inc to deliver groceries for as little as $3.com Inc’s grocery delivery service.
N) and the United Auto Workers union reached a tentative agreement for a new labor contract for the company’s 40,000 unionized workers in the United States, the union and the company said Tuesday evening.Veteran UAW workers, who make about $28 per hour, have not had a wage hike in a decade.
WASHINGTON (Reuters) - A rise in market expectations for U.interest rates as the Federal Reserve starts to normalize policy could cut capital inflows to emerging markets by as much as 45 percent, World Bank economists said in a paper published on Tuesday.
FRANKFURT (Reuters) - Luxury carmarker Jaguar Land Rover (TAMO.NS) expects sales this year to exceed those in 2014, with Britain, Europe and the United States compensating for a sharp decline in the Chinese market, its chief executive said.
The Chinese debut of the prior models, the iPhone 6 and 6 Plus, was delayed last year as the company awaited approval from regulators.After shattering sales records last year with the iPhone 6 and 6 Plus, Apple has been dogged by questions of whether it can sustain the momentum this year.
NEW YORK (Reuters) - Crude oil fell more than 3 percent on Monday, dragged down by a tumble in gasoline and apprehension about whether the United States will have its first interest rate hike in nearly a decade.Gasoline, which rallied sharply in the second quarter to pull crude higher, slumped 4 percent.
While DuPont is the named defendant, a recent spin-off of its performance chemicals segment, Chemours Co, will cover Dupont’s potential liability, according to a Chemours spokeswoman.The lawsuits center on DuPont’s Washington Works plant in Parkersburg, West Virginia, where the company used C-8 as a processing aid to make products like Teflon non-stick cookware.