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AT&T, Starwood, Marriott working on Cuba deals ahead of Obama visit

By Matt Spetalnick WASHINGTON (Reuters) – At least three major U.S. companies, AT&T Inc , Starwood Hotels & Resorts Worldwide Inc and Marriott International Inc , are seeking to complete deals in Cuba as President Barack Obama prepares to visit Havana, a person familiar with the discussions said on Friday. It will be the first visit to Cuba by a U.S. president in nearly 90 years. AT&T is trying to complete a mobile communications agreement…

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AT&T, Starwood, Marriott working on Cuba deals ahead of Obama visit

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Apple sets March 21 event, Wall Street sees new, smaller iPhone

(Reuters) – Apple Inc sent an invite to reporters on Thursday for an event at its Cupertino, California headquarters on March 21, possibly signaling the unveiling of a new, smaller iPhone. The world's best-known technology company often reveals new products at such events. It is expected to update its flagship iPhone and

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Apple sets March 21 event, Wall Street sees new, smaller iPhone

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ECB’s Draghi signals end to rate cuts, overshadows stimulus

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – European Central Bank chief Mario Draghi unleashed a bold easing package on Thursday, cutting rates and expanding asset buys, but undid the very stimulus he hoped to achieve by suggesting there would be no further cuts. Seeking to resurrect corporate activity and investments, the ECB said it …

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ECB’s Draghi signals end to rate cuts, overshadows stimulus

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Fed’s Dudley sees risks to U.S. economic outlook tilting to downside

An influential Federal Reserve official on Tuesday said he sees downside risks to his U.S. economic outlook, an assessment that could flag a longer pause before the Fed's next interest-rate hike than he and his colleagues had earlier signaled. “At this moment, I judge that the balance of risks to my growth and inflation outlooks may be starting to tilt slightly to the downside,” New York Federal Reserve President William Dudley said in remarks at a conference in Hangzhou, China sponsored by…

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Fed’s Dudley sees risks to U.S. economic outlook tilting to downside

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Airbus Group profits in line, raises A330 output goal

Airbus Group posted 2015 profit in line with forecasts on Wednesday and announced plans to reverse part of a planned production cut of A330 aircraft due to stronger-than-expected demand. Analysts were on average predicting full-year core operating income of 4.114 billion euros on revenue of 64.736 billion,

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Airbus Group profits in line, raises A330 output goal

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Audi tops U.S. Consumer Reports vehicle ratings as Tesla falls

By David Shepardson WASHINGTON (Reuters) – German luxury automaker Audi on Tuesday topped the annual ranking of new vehicles by influential U.S. magazine Consumer Reports despite the brand's emissions-cheating scandal while quality problems hurt Tesla Motors Inc's Model S luxury car. Audi was followed by Fuji Heavy Industries' Subaru unit, Toyota Motor Corp's Lexus brand, Porsche and BMW AG . Volkswagen AG's Audi unit was named best overall brand, based on the magazine's road testing, reliability,

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Audi tops U.S. Consumer Reports vehicle ratings as Tesla falls

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Time Inc explores bid for Yahoo’s core business: source

Time Inc , publisher of Sports Illustrated, People and Time magazines, has been exploring a bid to acquire Yahoo Inc's core Internet business for several weeks, a source familiar with the situation told Reuters on Tuesday. Time Inc has been reaching out to …

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Time Inc explores bid for Yahoo’s core business: source

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In switch, Bullard warns against rate hikes, suggesting Fed’s direction

One of the U.S. Federal Reserve's most prominent advocates of higher interest rates on Wednesday declared it “unwise” to move any further in light of weak inflation and global volatility, suggesting the Fed is stepping further away from plans to continue to hike rates. St. Louis Fed President James Bullard argued steadily last year for the U.S. central bank to tighten policy and sounded alarms over the risk that continued low…

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In switch, Bullard warns against rate hikes, suggesting Fed’s direction

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Corporate winners of Obama budget still face long odds

By Lewis Krauskopf NEW YORK (Reuters) – Facing a hostile Congress in an election year, President Barack Obama will be hard-pressed to push through many of the proposals in his final budget as U.S…

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Corporate winners of Obama budget still face long odds

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Yahoo to decide next strategic steps after quarterly earnings: sources

Yahoo Inc will decide on its next strategic steps only after releasing quarterly earnings on Feb. 2, people familiar with the matter said, as the company continues to resist investor calls to explore a sale of its core Internet assets. Yahoo wants to gauge shareholder reaction after presenting its strategic vision during the earnings conference call, one of the people said. Yahoo this month rebuffed several potential buyers for its core Internet assets, including private equity firms, the three sources said this week.

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Yahoo to decide next strategic steps after quarterly earnings: sources

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