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Reuters Business News
Peugeot and GM discuss production deal: sources
15 hours 35 min agoPARIS (Reuters) - General Motors and PSA Peugeot Citroen are discussing a broad manufacturing alliance designed to stem losses in Europe and lower production costs elsewhere, sources with knowledge of the matter said.
Categories: News
Stock futures mixed, economic data eyed
15 hours 42 min ago(Reuters) - U.S. stock index futures pointed to a mixed opening for Wall Street on Wednesday, with futures for the S&P 500 down 0.1 percent, the Dow Jones futures flat and the Nasdaq 100 rising 0.1 percent.
Categories: News
Top Olympus lender denies board ambush, but may fill chair
16 hours 28 min agoTOKYO (Reuters) - Olympus Corp's main lender Sumitomo Mitsui Banking Corp (SMBC) denied it was trying to take control of the firm's board by stealth, but said it might well agree to send a former banker to be chairman of the disgraced camera and medical device maker.
Categories: News
Mazda eyes $2 billion share offering
18 hours 15 min agoTOKYO (Reuters) - Mazda Motor Corp is looking to raise up to $2 billion in a bigger-than-expected public share offering, a regulatory filing showed on Wednesday, which would cause a massive 69 percent dilution of its existing shares.
Categories: News
Ford pours $3.8 billion into pension plan, eyes shift to bonds
Wed, 02/22/2012 - 06:21DETROIT (Reuters) - Ford Motor Co is pouring $3.8 billion into its global pension plan this year and will invest its plan assets more heavily in bonds, as the second-largest U.S. automaker moves more aggressively to minimize its pension risks in a shaky market.
Categories: News
Europe's debt crisis set to dominate G20 talks
Wed, 02/22/2012 - 06:17MEXICO CITY (Reuters) - Europe's debt crisis will dominate talks between Group of 20 (G20) policymakers this weekend as the rest of the world looks for pledges that the euro zone will boost its crisis safety net.
Categories: News
Fannie, Freddie need to tighten legal expenses: regulator
Wed, 02/22/2012 - 05:32WASHINGTON (Reuters) - A government watchdog on Wednesday said Fannie Mae and Freddie Mac's regulator needs to curtail the rising cost of their legal expenses since there is no end in sight to the widening taxpayer tab keeping the two firms afloat.
Categories: News
Apple shareholders to meet as stock at record high
Wed, 02/22/2012 - 01:49SAN FRANCISCO (Reuters) - Apple Inc Chief Executive Tim Cook is in an enviable position - market leading products, a $98 billion warchest and a seemingly gravity-defying stock price.
Categories: News
Johnson & Johnson CEO Weldon to step down in April
Wed, 02/22/2012 - 00:33NEW YORK (Reuters) - Johnson & Johnson Chief Executive William Weldon will step down from his post in April after a series of recalls called into question the quality of the healthcare giant's products, from artificial hips to infant Tylenol.
Categories: News
Europe seals new Greek bailout but doubts remain
Wed, 02/22/2012 - 00:14BRUSSELS (Reuters) - Euro zone finance ministers agreed a 130-billion-euro ($172 billion) rescue for Greece on Tuesday to avert an imminent chaotic default after forcing Athens to commit to unpopular cuts and private bondholders to take bigger losses.
Categories: News
Dell shares fall on earnings miss, outlook
Tue, 02/21/2012 - 23:42SAN FRANCISCO (Reuters) - Dell Inc forecast fiscal first-quarter revenue below Wall Street's expectations, stoking fears the PC industry has not fully emerged from its downturn and sending the company's shares more than 4 percent lower.
Categories: News
Business News
- Peugeot and GM discuss production deal: sources
- Stock futures mixed, economic data eyed
- Top Olympus lender denies board ambush, but may fill chair
- Mazda eyes $2 billion share offering
- Ford pours $3.8 billion into pension plan, eyes shift to bonds
- Europe's debt crisis set to dominate G20 talks
- Fannie, Freddie need to tighten legal expenses: regulator
- Apple shareholders to meet as stock at record high
- Johnson & Johnson CEO Weldon to step down in April
- Europe seals new Greek bailout but doubts remain
- Dell shares fall on earnings miss, outlook
- Obama Offers to Cut Corporate Tax Rate to 28%
- Top Retailers Report Strong Profit, but Walmart Shoppers Struggle
- F.D.A. Approves Imports Amid Shortage of 2 Cancer Drugs
- Stocks and Bonds: Dow Hits 13,000, a Mark Last Reached in 2008
- An E-Mail App Arrives for the BlackBerry Tablet
- Square Feet | The 30-Minute Interview: The 30-Minute Interview: Barry B. LePatner
- Square Feet: Sam Zell Bids for Archstone, an Apartment Landlord
- Square Feet: In Historic Stamford Town Hall, an Incubator for New Ideas
- Advertising: Sonic Drive-In Brings Back Longtime Spokesmen
- J.& J. Chief to Resign One Role
- News Analysis: New Bailout Is a Reprieve for Greece, but Doubts Persist
- Flawed DePuy Hip Implant Had Early F.D.A. Notice
- Bank Overdraft Fees to Be Scrutinized by Consumer Bureau
- Legal Fees for Fannie and Freddie Near $50 Million
- DealBook: Greek Crisis Raises New Fears Over Credit-Default Swaps
- Hong Kong stocks close 0.33% higher
- Classroom-themed restaurants spring up
- China's R&D spending surges 21.9%
- HSBC China PMI hits 4-month high
- Apple fever cools in China
- China's Tongrentang: no more franchises
- Chinese key stock index up nearly 1%
- China's animated TV output jumps in 2011
- China stock index futures close up -- Feb 22
- Bear bile maker opens farm to reporters
- China to build shopping center in Cancun
- ChiNext Index closes up -- Feb 22
- Huawei, ZTE sign deals with US companies
- Chinese banks' profit model unsustainable
- UC Mobile to compete in North America