Business News

U.S. business borrowing for equipment jumps 14 pct in August - ELFA

Reuters Company News - Tue, 09/25/2018 - 15:00
Borrowing by U.S. companies to spend on capital investments rose 14 percent in August from a year earlier, a trade group representing capital equipment lenders said.
Categories: Business News

US STOCKS-Wall St mixed as chip stocks tumble and energy climbs

Reuters Company News - Tue, 09/25/2018 - 14:52
* Indexes: Dow +0.21 pct, S&P 500 -0.11 pct, Nasdaq +0.16 pct (Adds investor comment, detail on indexes)
Categories: Business News

UPDATE 3-France's EDF halts GE turbine at Bouchain, GE shares drop

Reuters Company News - Tue, 09/25/2018 - 14:49
French power utility Electricite de France SA said on Tuesday it has shut down a General Electric Co turbine at its Bouchain power plant for one month due to a turbine blade issue that has shut down similar plants in the United States.
Categories: Business News

Versace sale turns up heat on fashion's independent outliers

Reuters Biz News - Tue, 09/25/2018 - 14:28
Michael Kors' swoop on Versace leaves a shrinking universe of fashion brands determined to go it alone and fend off luxury empire builders, raising the pressure on those struggling financially to lift sales or sell out.
Categories: Business News

UPDATE 3-Qualcomm accuses Apple of stealing its secrets to help Intel

Reuters Company News - Tue, 09/25/2018 - 14:21
Qualcomm Inc on Tuesday accused Apple Inc of stealing its chip-making secrets and giving them to rival Intel Corp, paving the way for Apple to switch to Intel's improved semiconductors, which may have cost Qualcomm billions of dollars in lost sales.
Categories: Business News

Dunkin' drops 'Donuts' from name in shift to coffee

Reuters Biz News - Tue, 09/25/2018 - 14:20
Dunkin' Donuts said on Tuesday it plans to rebrand itself as "Dunkin'" as part of new CEO Dave Hoffman's plans to bring beverages and breakfast meals to the forefront of the restaurant chain's menu.
Categories: Business News

Versace sale turns up heat on fashion's independent outliers

Reuters Company News - Tue, 09/25/2018 - 14:18
Michael Kors' swoop on Versace leaves a shrinking universe of fashion brands determined to go it alone and fend off luxury empire builders, raising the pressure on those struggling financially to lift sales or sell out.
Categories: Business News

UPDATE 1-Investors at Smith & Wesson parent support call for gun safety report

Reuters Company News - Tue, 09/25/2018 - 14:17
Investors at American Outdoor Brands Corp approved a call for the gun maker to produce a safety report, officials said during its annual meeting on Tuesday, marking a second win for religious activist shareholders focused on firearms makers after a series of mass shootings in the United States.
Categories: Business News

Lawsuit filed by former Telltale employee states team released without cause or warning - Shacknews

Google Technology - Tue, 09/25/2018 - 14:14

Lawsuit filed by former Telltale employee states team released without cause or warning
Shacknews
The Telltale games saga continues. This time around, one of the employees laid off last week if filing a lawsuit claiming the gaming studio violated California and national labor laws. The suit claims the employees were let go "without cause" and ...

and more »
Categories: Business News

UPDATE 2-U.S. Justice Dept meeting with state officials focuses on data privacy

Reuters Company News - Tue, 09/25/2018 - 14:04
A U.S. Justice Department "listening session" with state attorneys general on Tuesday focused on how the government can safeguard consumers online, the Justice Department said after the meeting.
Categories: Business News

UPDATE 2-No class action for unhappy Uber drivers -U.S. appeals court

Reuters Company News - Tue, 09/25/2018 - 13:46
Uber Technologies Inc won a legal victory on Tuesday as a federal appeals court said drivers seeking to be classified as employees rather than independent contractors must arbitrate their claims individually, and not pursue class-action lawsuits.
Categories: Business News

Brazil election poses risks for homebuilders, airlines -Moody's

Reuters Company News - Tue, 09/25/2018 - 13:44
Even as all major candidates in Brazil's presidential election have expressed support for housing subsidy programs, the country's October vote still brings risks for major homebuilders, a Moody's executive said on Tuesday.
Categories: Business News

Dunkin' drops "Donuts" from name in shift to coffee

Reuters Company News - Tue, 09/25/2018 - 13:44
Dunkin' Donuts said on Tuesday it plans to rebrand itself as "Dunkin'" as part of new CEO Dave Hoffman's plans to bring beverages and breakfast meals to the forefront of the restaurant chain's menu.
Categories: Business News

Fiat Chrysler says regulators get 'wake-up call' over fuel rules

Reuters Biz News - Tue, 09/25/2018 - 13:38
Fiat Chrysler Automobiles NV said on Tuesday that U.S. regulators have received a "wake-up call" from automakers over the hurdles they face in trying to meet rising Obama-era fuel-efficiency requirements.
Categories: Business News

Fiat Chrysler says regulators get 'wake-up call' over fuel rules

Reuters Company News - Tue, 09/25/2018 - 13:33
Fiat Chrysler Automobiles NV said on Tuesday that U.S. regulators have received a "wake-up call" from automakers over the hurdles they face in trying to meet rising Obama-era fuel-efficiency requirements.
Categories: Business News

Spotify, Deezer and others call for stronger EU action against U.S. rivals

Reuters Biz News - Tue, 09/25/2018 - 13:31
Music streaming services Spotify and Deezer joined European business and industry bodies in calling on EU regulators to take tougher action to curb what they say are the unfair practices of online platforms.
Categories: Business News

Trade Deal Could Move Ahead Without Canada, U.S. Official Says

WSJ Company News feed - Tue, 09/25/2018 - 13:28
President Trump’s trade czar, Robert Lighthizer, said the U.S. and Mexico are ready to leave Canada behind in a revised North American Free Trade Agreement—and move ahead with a new version of the deal in days.
Categories: Business News

Oil pares gains as Trump repeats calls on OPEC to pump more

Reuters Biz News - Tue, 09/25/2018 - 13:22
Oil prices rose on Tuesday but eased off a four-year high after U.S. President Donald Trump called on OPEC to increase crude output, even he as called for heavier sanctions on major oil producer Iran.
Categories: Business News

UPDATE 11-Oil pares gains as Trump repeats calls on OPEC to pump more

Reuters Company News - Tue, 09/25/2018 - 13:21
* U.S. crude stockpiles seen down for sixth week - Reuters poll
Categories: Business News

Michael Kors makes high-end fashion statement with $2.2 billion Versace buy

Reuters Biz News - Tue, 09/25/2018 - 13:18
Michael Kors agreed to buy luxury designer Versace for 1.83 billion euros ($2.15 billion) including debt on Tuesday, as the U.S. fashion group positions itself to take on larger European rivals.
Categories: Business News

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