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straight-months

Oil heads for biggest weekly loss in eight months despite gains

September 2, 2016 by · Leave a Comment 

Russian President Vladimir Putin told Bloomberg an agreement between oil exporters to freeze output would be the right decision to support the market. “Prices are up on a weaker dollar in the aftermath of the U.S. ISM numbers yesterday and Putin's latest attempt to stabilize

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Oil heads for biggest weekly loss in eight months despite gains

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Divided Irish cabinet to meet on whether to fight EU on Apple tax

September 2, 2016 by · Leave a Comment 

Ireland's fragile coalition government will try on Friday to overcome cabinet divisions on whether to join Apple in appealing against a multi-billion-euro back tax demand that the European Commission has slapped on the iPhone maker. Finance Minister Michael Noonan has insisted Dublin would fight any adverse ruling ever since the European Union began investigating the U.S. tech giant's Irish tax affairs in 2014.

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Divided Irish cabinet to meet on whether to fight EU on Apple tax

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Solid U.S. employment gains expected in August; jobless rate seen falling

September 2, 2016 by · Leave a Comment 

U.S. employment growth likely moderated in August after two straight months of hefty gains, but was probably still strong enough to push the Federal Reserve to raise interest rates later this year. The unemployment rate is forecast falling one-tenth of a percentage point to 4.8 percent. The Labor Department will release its closely watched employment report on Friday and readings in line with expectations would reinforce views that the economy has regained speed after almost stalling in the first half of the year

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Solid U.S. employment gains expected in August; jobless rate seen falling

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Tesla told regulators about Autopilot crash nine days after accident

July 6, 2016 by · Leave a Comment 

By Alexandria Sage and Paul Lienert SAN FRANCISCO/DETROIT (Reuters) – Tesla Motors alerted regulators to a fatality in one of its electric cars in partial self-driving Autopilot mode nine days after it crashed, the company said on Tuesday, …

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Tesla told regulators about Autopilot crash nine days after accident

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Medivation agrees to open its books to Sanofi

July 6, 2016 by · Leave a Comment 

San Francisco-based Medivation shares jumped as much as 4.2 percent after Reuters first reported that Medivation and Sanofi were in talks over a confidentiality pact, adding to similar agreements Medivation has with Pfizer Inc and Celgene Corp , which have also expressed interest in an acquisition. The move comes after Medivation rejected Sanofi's $9.3 billion offer in April, prompting Sanofi to embark on a campaign to convince Medivation shareholders to oust Medivation's

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Medivation agrees to open its books to Sanofi

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U.S. factory orders fall, but rising backlogs hint at stabilization

July 6, 2016 by · Leave a Comment 

By Lucia Mutikani WASHINGTON (Reuters) – New orders for U.S. factory goods fell in May on weak demand for transportation and defense capital goods, but growing order backlogs and lean inventories suggested the worst of the manufacturing downturn was probably over. The Commerce Department said on Tuesday new

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U.S. factory orders fall, but rising backlogs hint at stabilization