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Pushed by investor Ackman, Chipotle adds four new directors

(Reuters) – Chipotle Mexican Grill Inc , under pressure from activist investor Bill Ackman, named four new board members on Friday, paving the way for a reunion of sorts between its chief executive and a former top executive at McDonald's, which once owned the burrito chain.

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Pushed by investor Ackman, Chipotle adds four new directors

Orange CEO under fire at Tapie affair trial of IMF’s Lagarde

French telecoms boss Stephane Richard was sharply criticized by one of the judges and by a witness during the negligence trial of IMF chief Christine Lagarde in Paris this week. Richard, the chief executive of Orange , is a target of investigators in a related inquiry which has yet to conclude. Richard and five others are under formal judicial investigation on suspicion of embezzlement linked to the Tapie case.

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Orange CEO under fire at Tapie affair trial of IMF’s Lagarde

Facebook underreported iPhone traffic for some publishers

(Reuters) – Facebook Inc said it had underreported the number of views on iPhone of content published by some publishers using its Instant Articles platform between Sept. 20 and Nov. 30. Publishers make money through ads on their posts. Facebook said on Friday that

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Facebook underreported iPhone traffic for some publishers

U.S. housing starts tumble from nine-year high; permits suggest strength

U.S. homebuilding fell more than expected in November, tumbling from a nine-year high as construction activity declined broadly, the latest sign of slower economic growth in the fourth quarter. Groundbreaking on new housing projects dropped 18.7 percent to a seasonally adjusted annual rate of 1.09 million units, the Commerce Department said. Housing starts data are choppy month-to-month, with much

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U.S. housing starts tumble from nine-year high; permits suggest strength

Sumner Redstone to step down from Viacom board

Controlling shareholder Sumner Redstone will step down from the Viacom board of directors after the company's annual meeting in February, according to a company filing on Friday. The ailing, 93-year old Redstone, who has not attended an annual investor meeting since 2014, will continue to participate in meetings in a “non-voting” role, according to the filing. It was Redstone's decision to step down, according to a source familiar with the situation, who did not want to be named because discussions were private.

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Sumner Redstone to step down from Viacom board

Japan, Hitachi to stump up $8.5 billion for Horizon nuclear project in Wales: source

The Japanese government and a Hitachi Ltd unit will compile a package worth around 1 trillion yen ($8.5 billion) for a UK nuclear power plant project, a government official involved in the project said on Thursday. The Japan Bank for International Cooperation and the Development Bank of Japan will provide financing for the project, the official told Reuters. The funding plans are a boost for the project, one of several new nuclear plants planned

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Japan, Hitachi to stump up $8.5 billion for Horizon nuclear project in Wales: source

Yahoo says one billion accounts exposed in newly discovered security breach

Yahoo Inc warned on Wednesday that it had uncovered yet another massive cyber attack, saying data from more than 1 billion user accounts was compromised in August 2013, making it the largest breach in history. The number of …

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Yahoo says one billion accounts exposed in newly discovered security breach

Australia’s Crown Resorts leaves Las Vegas, sells down Macau

By Byron Kaye and Jonathan Barrett SYDNEY (Reuters) – Australia's No. 1 casino company Crown Resorts Ltd is planning a near-total exit from the world's two biggest gaming hubs, Las Vegas and Macau, as a gambling crackdown in China hits profits and throws its expansion plans into disarray. The retreat from overseas casinos shows the impact the Chinese government's anti-graft campaign is having on casino…

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Australia’s Crown Resorts leaves Las Vegas, sells down Macau

Targeting U.S. automaker signals possible China retaliation over Trump talk

By Arshad Mohammed, Matt Spetalnick and Benjamin Kang Lim WASHINGTON/BEIJING (Reuters) – China's plan to punish a U.S. automaker accused of price-fixing is a sign of how Beijing could retaliate …

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Targeting U.S. automaker signals possible China retaliation over Trump talk

Fed lifts rates, sees faster pace of hikes in Trump’s first year

The U.S. Federal Reserve raised interest rates on Wednesday and signaled a faster pace of increases in 2017 as central bankers adapted to the incoming Trump administration's promises of tax cuts, spending and deregulation. The increase in the federal funds rate to a range of between 0.50 percent and 0.75 percent was widely expected. In a news conference following the unanimous rate decision, Fed Chair Janet Yellen said Donald…

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Fed lifts rates, sees faster pace of hikes in Trump’s first year

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