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Baker Hughes-GE talks come after difficult time for both companies

October 29, 2016 by · Leave a Comment 

Industrial giant General Electric Co and oilfield services company Baker Hughes, both beset by difficulties during oil's two-year price rout, may have a clear path out of the doldrums: join forces. GE said Thursday it was in discussions with Baker Hughes Inc but not to acquire the company outright. Baker Hughes said Friday talks were ongoing.

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Baker Hughes-GE talks come after difficult time for both companies

Morgan Stanley COO Jim Rosenthal to retire at end of year: memo

October 29, 2016 by · Leave a Comment 

(Reuters) – Morgan Stanley chief operating officer Jim Rosenthal will retire at the end of the year.

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Morgan Stanley COO Jim Rosenthal to retire at end of year: memo

EU and Canada to sign trade pact after Belgians strike key deal

October 29, 2016 by · Leave a Comment 

By Robert-Jan Bartunek BRUSSELS (Reuters) – Canada and the European Union will sign a landmark free trade deal on Sunday after a series of key votes in Belgian regional assemblies on Friday ended opposition that had threatened to destroy the entire agreement. Soon after the final Belgian vote, European Council president Donald Tusk called Canadian Prime Minister Justin Trudeau and invited him to Brussels for the signing ceremony, which is scheduled for noon local time (1000 GMT). Great …

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EU and Canada to sign trade pact after Belgians strike key deal

BMW recalling 154,472 vehicles in U.S., Canada over fuel pumps

October 29, 2016 by · Leave a Comment 

DETROIT (Reuters) – BMW is recalling 154,472 vehicles registered in the United States and Canada for a fuel pump problem that could cause stalling, according to a filing with U.S. safety regulators and BMW.

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BMW recalling 154,472 vehicles in U.S., Canada over fuel pumps

Tesla’s Musk adds solar roofs to his clean energy vision

October 29, 2016 by · Leave a Comment 

Tesla Motors Inc Chief Executive Elon Musk on Friday unveiled new energy products aimed at illustrating the benefits of combining his electric car and battery maker with solar installer SolarCity Corp . The billionaire entrepreneur showed of solar-powered roof tiles that eliminate the need for traditional panels and a longer-lasting home battery, which Tesla calls the Powerwall, aimed at realizing his vision of selling a fossil fuel free lifestyle to consumers. The…

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Tesla’s Musk adds solar roofs to his clean energy vision

Oft-divided SEC speaks with one voice when suing corporations: records

October 27, 2016 by · Leave a Comment 

The U.S. Securities and Exchange Commission has released a collection of internal voting records, long held secret, that reveal it to be less divided than is commonly thought. The new data reveal that the agency's commissioners vote unanimously almost every time they

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Oft-divided SEC speaks with one voice when suing corporations: records

FCC will not say if agency will review AT&T purchase of Time Warner

October 27, 2016 by · Leave a Comment 

U.S. Federal Communications Commission Chairman Tom Wheeler on Thursday declined to say if he thinks the commission will review AT&T's proposed $85.4 billion purchase of Time Warner Inc. At a press conference, Wheeler called questions hypothetical, since nothing has been filed. Some analysts have suggested that since Time Warner only holds one broadcast license and some satellite licenses that the transaction could avoid a full-scale review by the FCC. “We ought to see how things develop,” Wheeler said, declining to …

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FCC will not say if agency will review AT&T purchase of Time Warner

Twitter beats estimates, cuts jobs with eye on 2017 profitability

October 27, 2016 by · Leave a Comment 

The company is “more disciplined about how we invest in the business” and intends to be profitable in 2017, said Chief Financial Officer Anthony Noto. Among its priorities, Twitter is dedicated to growing its burgeoning live video offerings through partnerships with organizations such as the National Football League, Noto said. Twitter, which has seen user growth stall amid competition from nimbler rivals such as

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Twitter beats estimates, cuts jobs with eye on 2017 profitability

U.S. business spending tepid; labor market firming

October 27, 2016 by · Leave a Comment 

By Lucia Mutikani WASHINGTON (Reuters) – New orders for U.S. manufactured capital goods unexpectedly fell in September amid weak demand for computers and electronic products, which could temper expectations for an…

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U.S. business spending tepid; labor market firming

Qualcomm to buy NXP for $38 billion in biggest chip deal

October 27, 2016 by · Leave a Comment 

Smartphone chipmaker Qualcomm Inc agreed to buy NXP Semiconductors NV for about $38 billion in the biggest-ever deal in the semiconductor industry, making it the leading supplier to the fast-growing automotive chips market. The acquisition will also help Qualcomm, which provides chips to Android smartphone makers and Apple Inc , reduce…

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Qualcomm to buy NXP for $38 billion in biggest chip deal

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