Business

  • Germany intends to set up a mandatory registry of lobbyists
    Germany_intends_to_set_up_a_mandatory_registry_of_lobbyists 2017-11-14 21:57:06 UTC
    BERLIN (Reuters) - German parties exploring a coalition government agreed on Tuesday to set up a mandatory registry of lobbyists and may require private firms to disclose breaches of cyber defenses, according to a draft paper on security seen by R...
  • AT&T CEO Says Never Offered to Sell CNN
    At_t_ceo_says_never_offered_to_sell_cnn 2017-11-09 05:04:37 UTC
    NEW YORK/WASHINGTON (Reuters) - U.S. antitrust regulators and AT&T Inc sparred on Wednesday over whether the wireless carrier would be required to sell Time Warner Inc’s CNN cable network as a condition of approval of its deal to buy the media com...
  • The Paradise Papers: Queen's Private Estate in Hot Water
    The_paradise_papers-_queen's_private_estate_in_hot_water 2017-11-06 18:53:23 UTC
    Reporters have published a raft of secret documents that reveal the strange investments and tax avoidance indulged in by the powerful and wealthy. The revelations come from the same team that uncovered the Panama Papers. But it appears for now tha...
  • What happens to your body when it's donated to science
    Lucrative_business_with_donated_bodies_of_americans_to_science 2017-10-24 20:19:03 UTC
    When Americans leave their bodies to science, they are also donating to commerce: Cadavers and body parts, especially those of the poor, are sold in a thriving and largely unregulated market. Since it's not regulated by a federal agency, there...
  • Apple rolled out its much-anticipated iPhone X and cellular Watch
    Apple_inc_rolled_out_a_new_version_of_the_apple_watch 2017-09-12 19:21:35 UTC
    CUPERTINO, Calif. (Reuters) - Apple Inc on Tuesday rolled out its much-anticipated iPhone X, a redesigned product of glass and stainless steel with an edge-to-edge display that Apple Chief Executive Tim Cook called “the biggest leap forward since ...
  • Whole Foods' Competitors Fear Amazon Price Cuts
    Whole_foods'_competitors_fear_amazon_price_cuts 2017-08-25 06:36:18 UTC
    (Reuters) - Amazon said it will cut prices on a range of popular goods as it completes its acquisition of Whole Foods Market, sending shares of rival grocers tumbling on fears that brutal market share battles will intensify. Amazon’s $13.7 bill...
  • Trump disbanded business councils after CEOs exit
    Trump_encouraged_alt-right_groups_to_be_more_violent 2017-08-16 18:35:17 UTC
    WASHINGTON/NEW YORK (Reuters) - U.S. President Donald Trump disbanded two high-profile business advisory councils on Wednesday after corporate CEOs quit in protest at his remarks blaming violence in Charlottesville, Virginia, not only on white nat...
  • Apple to launch 'Call Watches' without needing an iPhone
    Apple_to_launch_'call_watches'_without_needing_an_iphone 2017-08-04 22:52:29 UTC
    (Reuters) - Apple Inc plans to release a version of its smartwatch later this year that can connect directly to cellular networks, Bloomberg reported on Friday, citing people familiar with the matter. Some of the new models for the Apple Watch ...
  • Trump wants to cut legal immigration by 50 percent
    Trump_wants_to_cut_legal_immigration_by_50_percent 2017-08-02 20:42:22 UTC
    WASHINGTON/NEW YORK (Reuters) - After a crackdown on "Undocumented Immigrants" that has sharply reduced the number of border crossings from Mexico, U.S. President Donald Trump is now turning his attention to reducing the number of legal immigrants...
  • Facebook's Sheryl Sandberg: We need to start paying women well
    Facebook's_sheryl_sandberg-_we_need_to_start_paying_women_well 2017-07-31 04:47:45 UTC
    LONDON (Reuters) - Facebook Inc Chief Operating Officer Sheryl Sandberg called on governments and companies to do more to close the gender pay gap on Sunday and said both girls and boys should be encouraged to become leaders from an early age. ...
  • Hottest Tech startups don't need venture capital money
    Hottest_tech_startups_don't_need_venture_capital_money 2017-07-24 07:00:59 UTC
    NEW YORK (Reuters) - U.S. venture capital firms lining up for a slice of the burgeoning digital currency market are grappling with a novel challenge - some of the hottest tech startups that sell the coins just don't need their money. Only a few...
  • ExxonMobil Fined $2M for Russia Sanctions Breach Under CEO Tillerson
    Rex_tillerson_skipping_first_nato_meeting__visiting_moscow 2017-07-22 08:02:32 UTC
    <blockquote>Washington - The U.S. Treasury Department has fined ExxonMobil $2 million for violating U.S. sanctions against Russia three years ago, when Secretary of State Rex Tillerson served as the oil company’s CEO. The Treasury said ExxonMo...
  • Brexit EU hub: Morgan Stanley & Citigroup choosing Frankfurt
    Brexit_job_moves-_morgan_stanley_and_citigroup_choose_frankfurt 2017-07-19 16:48:26 UTC
    FRANKFURT/LONDON (Reuters) - Morgan Stanley has chosen Frankfurt to be the new base for its European Union operations as Britain prepares to leave the bloc, according to a source familiar with the matter, becoming the latest U.S. bank to pick the ...
  • US auto industry has been bracing for a downturn
    Us_auto_industry_has_been_bracing_for_a_downturn 2017-07-03 16:51:23 UTC
    The U.S. auto industry has been bracing for a downturn after hitting a record 17.55 million new vehicles sold in 2016. A glut of nearly new used vehicles poses competition for new vehicle sales and automakers have relied increasingly on high consu...
  • Tesla Model 3 passed all regulatory requirements for production
    Tesla_inc's_high-volume_model_3_sedan_passed_all_regulatory_requirements_for_production 2017-07-03 06:23:42 UTC
    Tesla Inc's high-volume Model 3 sedan passed all regulatory requirements for production two weeks ahead of schedule, Chief Executive Elon Musk tweeted on Sunday night. Musk said in May that Tesla was on track to begin production of the $35,000 ...
  • Shortlisted bidders in race to buy $10b valued Global Logistic Properties Ltd
    Shortlisted_bidders_in_race_to_buy__10b_valued_global_logistic_properties 2017-07-03 05:50:18 UTC
    SINGAPORE — Global Logistic Properties Ltd said on Monday it had received "firm proposals" from shortlisted bidders, days after sources told Reuters that suitors had narrowed to a management-backed Chinese consortium and a group led by Warburg Pin...
  • Sweden’s Museum of Failure displays flops
    Sweden%e2%80%99s_museum_of_failure_displays_flops 2017-06-08 04:04:15 UTC
    HELSINGBORG, SWEDEN – Green Heinz ketchup? Fat-free Pringles? Colgate frozen lasagna? You don’t need to be an expert to know these products weren’t successful. Which is why these creations, with dozens of others, feature in the new Museum of Fa...
  • Facebook focuses on Vox, BuzzFeed and others for video service
    Facebook_is_focusing_on_vox__buzzfeed_and_others_for_video_service 2017-05-24 20:47:43 UTC
    NEW YORK — Facebook has signed deals with millennial-focused news and entertainment creators Vox Media, BuzzFeed, ATTN, Group Nine Media and others to make shows for its upcoming video service, which will feature long and short-form content with a...
  • General Electric: We're very supportive of NAFTA
    General_electric-_we're_very_supportive_of_nafta 2017-05-12 19:35:46 UTC
    MONTERREY, MEXICO — General Electric Co's chief executive on Friday praised Mexico as a big part of its future growth and said the company is "very supportive" of the North American Free Trade Agreement (NAFTA) that U.S. far-right nationalist Pres...
  • Warning directed at Trump: Mexico outlines plans for alternatives on trade
    Warning_directed_at_trump-_mexico_outlines_plans_for_alternatives_on_trade 2017-05-12 18:44:03 UTC
    In the warning directed at the U.S. far-right nationalist President Donald Trump, Mexican Economy Minister Ildefonso Guajardo, outlines plans for alternatives on trade. He sent a stark message to Trump, saying an upcoming visit by Mexican offic...
  • German's Aldi is going to beat the largest US retailer at its own game
    German's_aldi_is_going_to_beat_the_largest_us_retailer_at_its_own_game 2017-05-11 06:57:56 UTC
    German grocery chain Aldi is going to beat the largest US retailer at its own game: low prices. Already with 1,600 U.S. stores, Aldi’s internal studies show its prices are 21 percent lower than its lowest-priced rivals, including Wal-Mart Store...
  • America's Bad Health Care System Is Getting Worse
    America's_bad_health_care_system_is_getting_worse 2017-05-05 01:42:08 UTC
    WASHINGTON — GOP House majority approved a bill to repeal Obamacare, which enabled 20 million more Americans to get health insurance. Democrats say it would make insurance unaffordable for those who need it most and leave millions more uninsur...
  • Trump's Tax Plan With Big Cuts For Businesses Like His
    Trump's_tax_plan_with_big_cuts_for_business_like_his 2017-04-26 18:33:19 UTC
    WASHINGTON — Trump proposed slashing the U.S. tax rate on corporate and pass-through business profits to 15 percent from 35 percent or more, while also offering tax cuts to average Americans in a rough outline of his tax policy goals. A one-pag...
  • France, Airbus and Leonardo, Italy major deal with Iran Air
    France__airbus_and_leonardo__italy_major_deal_with_iran_air 2017-04-10 07:09:56 UTC
    IranAir has signed a contract to buy 20 planes from turboprop maker ATR, Iranian deputy transport minister was quoted as saying on Monday. The deal comes after Iran, which had not directly purchased a Western-built plane in nearly 40 years, sig...
  • German service sector growth to a 15-month high
    German_service_sector_growth_to_a_15-month_high 2017-04-05 09:20:08 UTC
    BERLIN, April 5 - Growth in Germany's services sector accelerated further in March, a survey showed on Wednesday, suggesting Europe's largest economy will post healthy growth in the first quarter. Markit's final services index rose to a 15-mont...