BRUSSELS (Reuters) – U.S. chipmaker Qualcomm has asked Europe’s second-highest court to throw out a 997 million euro ($1.2 billion) fine levied by European Union antitrust regulators, citing numerous errors in the EU decision.
PARIS (Reuters) – Societe Generale said on Monday it had agreed to pay around $1.3 billion in penalties to authorities in the United States and in France to resolve investigations into its transactions in Libya and its handling of money market rates.
WASHINGTON (Reuters) – The U.S. derivatives regulator on Monday proposed maintaining the existing cutoff for U.S. firms to register as swaps dealers, backing off an earlier plan that would have subjected more firms to stricter oversight under the 2010 Dodd-Frank financial reform law.
(Reuters) – Microsoft Corp said on Monday it would buy privately held coding website GitHub Inc for $7.5 billion in an all-stock deal to beef up its cloud computing business and challenge market leader Amazon.com Inc .
Environmental Protection Agency chief Scott Pruitt had a top aide seek a used mattress from the Trump International Hotel and perform other personal chores for him, according to an email and testimony from the aide released Monday. The account from Pruitt scheduling director Millan Hupp is in a letter House Democrats sent Monday to Oversight committee Chairman Trey Gowdy, R-S.C. Hupp appeared before a panel of House oversight committee staffers earlier this month. …read more […]
NEW YORK (Reuters) – Southwest Airlines on Monday said it now expects its second-quarter unit revenue to decrease by about 3 percent from the year prior, primarily driven by lower bookings in the wake of a fatal engine blowout in April.
PARIS (Reuters) – Antoine Arnault, one of LVMH Chairman and CEO Bernard Arnault’s five children and an executive in charge of several brands at the luxury group, will oversee communications and image issues at the company, according to an internal memo.
The Supreme Court ruled Monday for a Colorado baker who wouldn’t make a wedding cake for a same-sex couple in a limited decision that leaves for another day the larger issue of whether a business can invoke religious objections to refuse service to gay and lesbian people. The justices’ decision turned on what the court described as anti-religious bias on the Colorado Civil Rights Commission when it ruled against baker Jack Phillips. The justices voted 7-2 that the commission violated Phillips’ rights under the First Amendment. …read more […]
Tesla raked in hundreds of thousands of pre-orders for its Model 3 after it …read more […]
(Reuters) – Societe Generale S.A. will pay over $860 million to resolve criminal charges in the U.S. and France for bribing Gaddafi-era Libyan officials and manipulating the Libor rate, the U.S. Department of Justice said on Monday.
(Reuters) – U.S. stocks climbed on Monday led by gains in technology shares and Friday’s robust jobs data, which gave investors heightened confidence that the U.S. economy remained strong.
NEW YORK/SAO PAULO (Reuters) – Walmart Inc said on Monday that it has sold an 80 percent stake in its Brazilian operations to private equity firm Advent International, exiting an underperforming business in its third major international deal since April.
(Reuters) – Microsoft Corp said on Monday it would buy privately held coding website GitHub Inc for $7.5 billion in an all-stock deal to beef up its cloud computing business and expand clout among software developers.
WASHINGTON (Reuters) – New orders for U.S.-made goods fell more than expected in April, weighed down by declines in demand for transportation equipment and machinery, but the underlying trend continued to suggest strong momentum in the manufacturing sector.
(Reuters) – U.S. stocks rose on Monday led by gains in technology shares and Friday’s robust jobs data, which gave investors heightened confidence that the U.S. economy remained strong.
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