A media mystery popped up a week before Christmas: Leslie Moonves, who had just been fired as the chief executive of CBS after multiple accusations of sexual misconduct, appeared to give an exclusive, on-the-record interview to a little-known publication in which he bluntly addressed his dismissal. Agenda, a news service owned by The Financial Times, […]
WASHINGTON (Reuters) – Cadillac is expected to become General Motors Co’s (GM.N) lead electric vehicle brand as the largest U.S. automaker gears up to introduce a new model under that luxury marquee to challenge Tesla Inc (TSLA.O), two people briefed on the matter said Thursday. GM is set to announce Friday as part of an […]
NEW YORK (Reuters) – Amazon.com Inc (AMZN.O) shares seesawed on Thursday as investors questioned how the impending divorce of company founder Jeff Bezos would affect his control of the most valuable company on Wall Street and its ambitious expansion plans. Bezos, whom Forbes lists at the world’s richest person, worth an estimated $136.2 billion, said […]
NEW YORK (Reuters) – An index of world stock markets edged higher on Thursday as worries over the lack of clear signs of a resolution to the U.S.-China trade spat were offset by an assurance by Federal Reserve Chairman Jerome Powell that the U.S. central bank has the ability to be patient on monetary policy. […]
A little-known Dutch firm is seeking to hinder mixed martial arts superstar, Conor McGregor’s plans to expand his money-making brand across Europe. This follows McGregor IP B.V. now lodging a total of three separate objections against planned trademarks sought by Mr McGregor’s main firm, McGregor Sports & Entertainment Ltd. Documents lodged with the European Union […]
WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV has agreed to a settlement worth about $800 million to resolve claims from the U.S. Justice Department and state of California that it used illegal software that produced false results on diesel-emissions tests, according to court filings on Thursday. The settlement includes $311 million in total civil penalties, […]
NEW YORK (Reuters) – Amazon.com Inc (AMZN.O) shares see-sawed on Thursday as investors questioned how the impending divorce of company founder Jeff Bezos would affect his control of the most valuable company on Wall Street and its ambitious expansion plans. Bezos, whom Forbes lists at the world’s richest person with an estimated $136.2 billion, said […]
WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV has agreed to pay close to $800 million to settle claims from the U.S. Justice Department and California relating to allegations it used illegal software that produced false results on diesel-emissions tests, according to court filings Thursday. The settlement includes $311 million in total civil penalties, up to […]
WASHINGTON (Reuters) – The number of Americans filing applications for jobless benefits fell more than expected last week, pointing to sustained labor market strength that could further assuage concerns about the economy’s health. The report from the Labor Department on Thursday followed data last week showing employers hired the most workers in 10 months in […]
Ogden Nash described winter as “the season to be young, catching snowflakes on your tongue.” Sure, snow days are fun for children, but for drivers, wintry weather is a hazard. The problem is that driver education classes typically gloss over what makes winter driving different and how to avoid and handle skids, said Tim O’Neil, […]