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Reuters: Business News

Reuters News

Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.

1 - German cabin crew union plans further strikes at Lufthansa
2 - "You're stealing our water": Germans protest against Tesla gigafactory
3 - With market at record highs, eyes on reports from chipmakers
4 - Nokia October warning investigated by local FSA: newspaper report
5 - Morgan Stanley CEO Gorman's total 2019 pay falls 7% to $27 million
6 - Lawyers for Huawei CFO call Canada prosecutor's arguments 'circular'
7 - Best Buy starts investigation into CEO's personal conduct
8 - Bayer could be close to Roundup settlement, mediator says
9 - U.S. will look at sudden acceleration complaints involving 500,000 Tesla vehicles
10 - Wall Street hits new highs in strongest week since August
11 - Shares set fresh records, lifted by U.S. housing data
12 - Netflix opens Paris office, plans new French-language series
13 - Oil steadies as Chinese economy offsets trade optimism
14 - After India's Amazon snub, Modi's party slams Bezos-owned Washington Post
15 - Boeing addresses new 737 MAX software issue that could keep plane grounded longer
16 - Toyota to move Tacoma truck production to Mexico from U.S.
17 - Toyota completes $1.3 billion modernization project at Indiana facility
18 - U.S. housing starts at 13-year high, factory output gains
19 - U.S. job openings post biggest drop in more than four years
20 - Walmart U.S. Chief Merchandising Officer Bratspies departs
1 - German cabin crew union plans further strikes at Lufthansa

German cabin crew union UFO said on Saturday it was planning further strikes at Lufthansa to increase pressure on management after talks with Germany's largest airline and two potential mediators did not yield any results.

1/18/2020 3:12:33 PM

2 - "You're stealing our water": Germans protest against Tesla gigafactory

Around 250 Germans on Saturday protested in the outskirts of Berlin where electric car startup Tesla is planning to build a gigafactory, saying its construction will endanger water supply and wildlife in the area.

1/18/2020 2:33:34 PM

3 - With market at record highs, eyes on reports from chipmakers

Reports from Netflix, Intel and Texas Instruments next week may hint at what is to come in the December quarterly earnings season, with some investors wary of possible danger signs that could knock Wall Street after its latest surge to record highs.

1/18/2020 9:42:17 AM

4 - Nokia October warning investigated by local FSA: newspaper report

Finland's Financial Supervisory Authority (FSA) has started an investigation into Nokia's sharp profit warning in October which sent its shares more than 20% lower, Finnish daily Helsingin Sanomat reported on Saturday.

1/18/2020 7:04:17 AM

5 - Morgan Stanley CEO Gorman's total 2019 pay falls 7% to $27 million

Morgan Stanley Chief Executive James Gorman is receiving $27 million in total compensation in 2019, nearly 7% less than what he got the year before, the company said in a filing on Friday, following a reduction of bonuses staff-wide.

1/17/2020 6:54:24 PM

6 - Lawyers for Huawei CFO call Canada prosecutor's arguments 'circular'

Extraditing Huawei Chief Financial Officer Meng Wanzhou to the United States based on American sanctions against Iran would set a dangerous precedent and could even undermine Canada's policy towards Iran, Meng's lawyers argued in court documents released on Friday.

1/17/2020 6:32:13 PM

7 - Best Buy starts investigation into CEO's personal conduct

U.S. consumer electronics retailer Best Buy Co said on Friday that its board was conducting an independent review on allegations of misconduct against Chief Executive Officer Corie Barry after receiving an anonymous letter.

1/17/2020 6:10:16 PM

8 - Bayer could be close to Roundup settlement, mediator says

Bayer could be close to settling more than 75,000 cancer claims related to its Roundup herbicide, with mediator Ken Feinberg on Friday saying he was "cautiously optimistic that a settlement will ultimately be reached."

1/17/2020 5:45:14 PM

9 - U.S. will look at sudden acceleration complaints involving 500,000 Tesla vehicles

The National Highway Traffic Safety Administration (NHTSA) said Friday it will review a petition asking the agency to formally investigate and recall 500,000 Tesla Inc vehicles over sudden unintended acceleration reports.

1/17/2020 5:44:23 PM

10 - Wall Street hits new highs in strongest week since August

Wall Street climbed to record highs on Friday, with major indexes turning in their strongest weekly gains since August, after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth.

1/17/2020 5:36:51 PM

11 - Shares set fresh records, lifted by U.S. housing data

Key world equity indexes scaled new highs on Friday, boosted by a surge in U.S. housing starts to levels last seen in 2006, while the greenback rose to a one-week high against the euro on expectations of solid economic growth.

1/17/2020 4:37:29 PM

12 - Netflix opens Paris office, plans new French-language series

U.S. television streaming company Netflix has opened a new Paris office and plans to develop more than 20 original French-language productions in 2020, it said on Friday.

1/17/2020 4:31:19 PM

13 - Oil steadies as Chinese economy offsets trade optimism

Oil prices steadied on Friday as sluggish economic growth in China, the world's biggest crude importer, raised concerns over fuel demand and countered optimism from the signing of a China-U.S. trade deal.

1/17/2020 3:58:51 PM

14 - After India's Amazon snub, Modi's party slams Bezos-owned Washington Post

Indian Prime Minister Narendra Modi's ruling party on Friday slammed editorial policies of billionaire Jeff Bezos-owned Washington Post, even as his e-commerce firm Amazon announced plans to create a million jobs in the country by 2025.

1/17/2020 3:14:34 PM

15 - Boeing addresses new 737 MAX software issue that could keep plane grounded longer

Boeing Co said on Friday it is addressing a new software issue discovered in Iowa last weekend during a technical review of the proposed update to the grounded Boeing 737 MAX, a development that could further delay the plane's return to service.

1/17/2020 2:55:33 PM

16 - Toyota to move Tacoma truck production to Mexico from U.S.

Toyota Motor Corp said on Friday it will move production of its mid-size Tacoma pick-up truck from the United States to Mexico as it adjusts production around North America.

1/17/2020 1:16:50 PM

17 - Toyota completes $1.3 billion modernization project at Indiana facility

Toyota Motor Corp said on Friday it had invested an additional $700 million and added 150 new jobs to complete a $1.3 billion modernization program at its Princeton, Indiana factory.

1/17/2020 1:13:52 PM

18 - U.S. housing starts at 13-year high, factory output gains

U.S. homebuilding surged to a 13-year high in December as activity increased across the board, suggesting the housing market recovery was back on track amid low mortgage rates, and could help support the longest economic expansion on record.

1/17/2020 12:50:25 PM

19 - U.S. job openings post biggest drop in more than four years

U.S. job openings recorded their biggest drop in more than four years in November, while hiring increased moderately, suggesting a loss of momentum in the labor market at the tail end of 2019.

1/17/2020 12:50:25 PM

20 - Walmart U.S. Chief Merchandising Officer Bratspies departs

Chief merchandising officer of Walmart Inc's U.S. operations, Steve Bratspies, is set to leave the big-box retailer, according to an internal memo sent on Friday.

1/17/2020 12:35:46 PM

 

 
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