Business News

BRIEF-General Motors says will invest $294 million in Spring Hill Manufacturing

Reuters Company News - 42 min 13 sec ago
* General Motors says will invest $294 million in Spring Hill Manufacturing for a future cadillac crossover and additional upgrades at the facility
Categories: Business News

UPDATE 3-U.S. Senator McCain opposes Obamacare repeal bill, a possible fatal blow

Reuters Company News - 42 min 42 sec ago
WASHINGTON, Sept 22 (Reuters) - U.S. Senator John McCain said on Friday he opposes the latest Republican bill to dismantle Obamacare, dealing the measure what could be a fatal blow given the party's slim Senate majority.
Categories: Business News

UPDATE 2-China-backed fund shunned by Trump to buy British chip maker

Reuters Company News - 1 hour 9 min ago
Sept 22 (Reuters) - Canyon Bridge Capital Partners, the China-backed buyout fund that was barred last week by U.S. President Donald Trump from buying a U.S. chip maker, said it would purchase British chip designer Imagination Technologies Group Plc.
Categories: Business News

Take Five: World markets themes for the week ahead

Reuters Biz News - 1 hour 14 min ago
LONDON (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
Categories: Business News

Shorting volatility: Rising risks mean itchier trigger fingers

Reuters Biz News - 1 hour 18 min ago
NEW YORK (Reuters) - A long stretch of low volatility for U.S. stocks has made betting on continued calm a popular and lucrative trade, but traders and strategists warn that risks to the trade have mounted, while the potential for profits has shrunk.
Categories: Business News

UPDATE 3-Novelion's Aegerion resolves U.S. drug probes for $40 mln

Reuters Company News - 1 hour 26 min ago
BOSTON, Sept 22 (Reuters) - Aegerion Pharmaceuticals Inc will plead guilty to two misdemeanors and pay $40.1 million to resolve investigations into its marketing and sales of an expensive cholesterol drug, U.S. authorities said on Friday.
Categories: Business News

'Unfit' Uber stripped of London license, CEO tweets 'pls work w/us'

Reuters Biz News - 1 hour 50 min ago
LONDON (Reuters) - London deemed Uber unfit to run a taxi service on Friday and stripped it of its license to operate from the end of next week in a major blow to the U.S. firm and 3.5 million users in one of the world's wealthiest cities.
Categories: Business News

UPDATE 7-'Unfit' Uber stripped of London licence, CEO tweets 'pls work w/us'

Reuters Company News - 1 hour 55 min ago
* Graphic: http://tmsnrt.rs/2jQOqKD (Adds CEO comments from letter to employees)
Categories: Business News

Brazil Supreme Court denies request to release JBS brothers

Reuters Biz News - 2 hours 10 min ago
SAO PAULO (Reuters) - Brazil Supreme Court Justice Gilmar Mendes on Friday denied a request to release from jail Joesley and Wesley Batista, the brothers who control the world's largest meatpacker JBS SA.
Categories: Business News

BRIEF-Rock Tech shareholders approve all motions at annual general meeting

Reuters Company News - 2 hours 12 min ago
* Rock Tech shareholders approve all motions at annual general meeting Source text for Eikon: Further company coverage:
Categories: Business News

Corporate donations for Harvey, Irma disaster relief near $225 mln

Reuters Company News - 2 hours 19 min ago
HOUSTON, Sept 22 (Reuters) - Corporate donations for Hurricanes Harvey and Irma relief funds totaled nearly $225 million by Friday and pledges continued to be made, the U.S. Chamber of Commerce Foundation said.
Categories: Business News

GM to Eliminate Shift at Tennessee SUV Plant, Lay Off Hundreds

WSJ Company News feed - 2 hours 46 min ago
General Motors will lay of several hundred workers at a sport-utility plant in Tennessee, a sign that the slowdown in the broader car market is spreading to once-hot SUVs.
Categories: Business News

CORRECTED-RPT-Ackman targets retail investors in ADP proxy contest

Reuters Company News - 2 hours 47 min ago
BOSTON, Sept 22 (Reuters) - Billionaire hedge fund manager William Ackman, whose firm has a 2 percent voting stake in Automatic Data Processing Inc, is turning up the heat in his proxy war for the human resources outsourcing company by targeting an often-ignored but influential group of people - retail investors.
Categories: Business News

CORRECTED-UPDATE 2-Ackman targets retail investors in ADP proxy contest

Reuters Company News - 2 hours 47 min ago
BOSTON, Sept 22 (Reuters) - Billionaire hedge fund manager William Ackman, whose firm has a 2 percent voting stake in Automatic Data Processing Inc, is turning up the heat in his proxy war for the human resources outsourcing company by targeting an often-ignored but influential group of people - retail investors.
Categories: Business News

BRIEF-Goldgroup provides a legal update

Reuters Company News - 2 hours 53 min ago
* Provides update in regards to Dynaresource Inc.'s award in excess of $48 million in damages against company
Categories: Business News

Trade Decision Roils U.S. Solar Industry

WSJ Company News feed - 3 hours 6 min ago
Trade protection for U.S. solar panel makers could be a boon for the few domestic manufacturers left in the country, but a drag for the companies that install and sell solar systems to homeowners, businesses and utilities, which worry that it would lead to higher prices for consumers.
Categories: Business News

UPDATE 6-'Unfit' Uber stripped of London licence

Reuters Company News - 3 hours 30 min ago
* Graphic: http://tmsnrt.rs/2jQOqKD (Adds appeal from new CEO, updates petition signing, adds details)
Categories: Business News

UPDATE 1-Democratic senator lifts hold on Trump antitrust nominee -aide

Reuters Company News - 3 hours 31 min ago
WASHINGTON, Sept 22 (Reuters) - U.S. Senator Elizabeth Warren has lifted her hold on President Donald Trump's pick to run the Justice Department's Antitrust Division, a move that will allow the Senate to vote to confirm Makan Delrahim, a senior Republican aide said on Friday.
Categories: Business News

REFILE-Democratic senator lifts hold on Trump antitrust nominee -aide

Reuters Company News - 3 hours 31 min ago
WASHINGTON, Sept 22 (Reuters) - U.S. Senator Elizabeth Warren has lifted her hold on President Donald Trump's pick to run the Justice Department's Antitrust Division, a move that will allow the Senate to vote to confirm Makan Delrahim, a senior Republican aide said on Friday.
Categories: Business News

BRIEF-Ceres Global Ag says Q4 revenue fell 3 pct to C$112.2 mln

Reuters Company News - 3 hours 38 min ago
* Q4 revenue fell 3 percent to C$112.2 million Source text for Eikon: Further company coverage:
Categories: Business News

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