February 28, 2018

GM Korea to slash executive numbers, talks with union make little progress

SEOUL (Reuters) – General Motors’ South Korean unit plans to slash the number of its executives, an internal letter seen by Reuters showed – the latest […]
February 28, 2018

Exclusive: GM Korea to sharply cut number of executives – internal letter

SEOUL (Reuters) – General Motors’ South Korean unit plans to slash the number of its executives, an internal letter seen by Reuters showed – the latest […]
February 27, 2018

A question of interest at the heart of debate over GM Korea rescue

SEOUL (Reuters) – For years, General Motors resisted calls from South Korean officials to cut interest rates it was charging on nearly $3 billion in loans […]
February 27, 2018

Wall Street sinks as Powell’s comments fuel rate worries

NEW YORK (Reuters) – U.S. stocks suffered on Tuesday their biggest daily drops since the selloff three weeks ago after comments from Federal Reserve Chairman Jerome […]
February 27, 2018

Fed’s Powell nods to stronger economy, backs gradual rate hike path

WASHINGTON (Reuters) – Federal Reserve Chairman Jerome Powell, in his first public appearance as head of the U.S. central bank, vowed on Tuesday to prevent the […]
February 27, 2018

Macy’s shares surge on comparable sales growth, 2018 outlook

NEW YORK (Reuters) – Macy’s Inc on Tuesday reported greater-than-expected growth in same-store sales for the fourth quarter and forecast a return to annual comparable sales […]
February 27, 2018

PayPal settles U.S. charges over alleged Venmo disclosure failure: FTC

WASHINGTON (Reuters) – PayPal Holdings Inc has settled U.S. charges it failed to give critical privacy and funds transfer information to users of its Venmo payment […]
February 27, 2018

Comcast’s $31 billion Sky bid crashes Murdoch and Disney show

LONDON (Reuters) – U.S. cable giant Comcast has offered $31 billion for Sky , threatening a plan hatched by Rupert Murdoch’s Fox and Bob Iger’s Walt […]
February 27, 2018

Supreme Court wrestles with Microsoft data privacy fight

WASHINGTON (Reuters) – Supreme Court justices on Tuesday wrestled with Microsoft Corp’s dispute with the U.S. Justice Department over whether prosecutors can force technology companies to […]
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