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Kobe Steel faked quality data for more than 10 years: source

Business RSS - 1 hour 39 min ago
TOKYO (Reuters) - Kobe Steel Ltd falsified data on product quality and specifications longer than the 10 years that the company had previously stated, a source with knowledge of the matter said.

Airbus to take majority stake in Bombardier CSeries jet program

Business RSS - 2 hours 27 min ago
MONTREAL/PARIS (Reuters) - Airbus SE agreed on Monday to buy a majority stake in Bombardier Inc's CSeries jetliner program, grabbing control of a struggling competitor at the second attempt and giving the Canadian plane-and-train-maker an unexpected boost in its costly trade dispute with Boeing Co .

Oil prices firm as Iraq tensions escalate, shares extend rally

Business RSS - 3 hours 1 min ago
TOKYO (Reuters) - Oil prices held firm on Tuesday after Iraqi forces seized the oil-rich city of Kirkuk from largely autonomous Kurdish fighters while Asian shares look set to extend their bull run on optimism about upcoming earnings.

Delta crew wouldn't let me sing national anthem: passenger - New York Post

Google RSS - 3 hours 53 min ago

New York Post

Delta crew wouldn't let me sing national anthem: passenger
New York Post
SAVANNAH, Ga. — A Georgia physician said her plan to honor a fallen soldier by singing the U.S. national anthem aboard a Delta Air Lines plane carrying the soldier's casket was stopped by a flight attendant who told her it would violate company policy.
Delta Airlines prevented woman from singing national anthem on flight with fallen soldierFox News
UPDATE: Savannah doctor: National anthem tribute stopped on Delta flight (Video)Atlanta Business Chronicle
Doctor: Delta flight attendant stops national anthem tribute to fallen soldierWXIA-TV
CBS46 News Atlanta -WGN-TV -WFLA -KCCI Des Moines
all 16 news articles »

Airbus to take majority stake in Bombardier C-Series jet program

Business RSS - 4 hours 2 min ago
MONTREAL/PARIS (Reuters) - Airbus SE said on Monday it would acquire a majority stake in Bombardier Inc's CSeries program in a deal that the Canadian plane-and-train-maker said would boost sales and position the company strategically against a potentially costly U.S. trade dispute with Boeing Co .

Procter & Gamble says Peltz loses board seat bid by around 6 million votes

Business RSS - 4 hours 8 min ago
(Reuters) - Procter & Gamble Co said on Monday that activist hedge fund manager Nelson Peltz had lost his bid to win a seat on the consumer goods company's board by 6.15 million votes, according to its preliminary tally.

Airbus to take majority stake in Bombardier's C-Series program

Business RSS - 5 hours 7 min ago
(Reuters) - Airbus SE said on Monday it would acquire a majority stake in Bombardier Inc's C-Series passenger jet program.

Australia's Qantas hops ahead with first nonstop flight to Europe - CNNMoney

Google RSS - 5 hours 20 min ago

CNNMoney

Australia's Qantas hops ahead with first nonstop flight to Europe
CNNMoney
The Australian airline on Monday took delivery of the first of eight 787-9 Dreamliners from Boeing. It's a jet that Qantas is pinning its future to -- part of a years-long turnaround from record losses. Next March, Qantas will inaugurate the first ever ...
Inside the new-look Business Class on the first Qantas Dreamliner 787-9The Australian Financial Review
Inside the new Qantas Dreamliner that will fly Perth-London non-stopPerth Now
PHOTOS: Inside the new Qantas Dreamliner 787Business Insider Australia
Gippsland Times -AirlineGeeks.com -9Honey (blog) -Newstalk ZB
all 19 news articles »

We Could Send $1000 a Year to Every Worker in America for the Cost of Trump's Corporate Tax Cut - Slate Magazine

Google RSS - 5 hours 36 min ago

Slate Magazine

We Could Send $1000 a Year to Every Worker in America for the Cost of Trump's Corporate Tax Cut
Slate Magazine
The Trump administration says its plan for sweeping business-tax cuts is really designed to help workers. To bolster those claims, the White House's Council of Economic Advisers released a short analysis Monday suggesting that the president's proposal ...
Trump's Top Economist Says Corporate Tax Cuts Will Lift Workers' WagesNew York Times
A Corporate Tax Cut Isn't Just a Giveaway to the RichBloomberg
Donald Trump's tax plan isn't going to be a $4000 windfall for American householdsQuartz
Pittsburgh Post-Gazette -The Hill -Vox -CNBC
all 40 news articles »

Gulf of Mexico Oil Spill May Be Largest Since BP Disaster - Bloomberg

Google RSS - 5 hours 40 min ago

Bloomberg

Gulf of Mexico Oil Spill May Be Largest Since BP Disaster
Bloomberg
An oil spill in the Gulf of Mexico last week may be the largest in the U.S. since the 2010 blowout at BP Plc's Macondo well that sank the Deepwater Horizon rig. The Delta House floating production facility about 40 miles (64 kilometers) southeast of ...
BSEE investigates LLOG leak in GOMOE Digital

all 3 news articles »Google News

Activist investor RBR launching campaign to break up Credit Suisse: FT

Business RSS - 5 hours 40 min ago
(Reuters) - Activist investor RBR Capital Advisors is launching a campaign for breaking up Swiss bank Credit Suisse Group AG into three parts, the Financial Times reported on Monday.

Major Sears investor Berkowitz departs board; stock plunges

Business RSS - 5 hours 52 min ago
(Reuters) - Sears Holdings Corp on Monday said that Bruce Berkowitz, head of the company's second-biggest investor, resigned from the board of directors less than two years after he sought a seat to help turn the struggling department store chain around, sending Sears stock down as much as 15 percent.

Netflix adds more subscribers than expected, shares hit record

Business RSS - 6 hours 4 min ago
(Reuters) - Netflix Inc added more subscribers than expected around the world in the third quarter and projected growth in line with Wall Street forecasts, saying it had a head start on rivals as internet television expands globally.

Striking Canadian autoworkers ratify GM deal

Business RSS - 6 hours 59 min ago
MONTREAL (Reuters) - Striking Canadian workers on Monday voted nearly 86 percent in favor of a new four-year agreement with General Motors Co in a deal that would make it more costly for the U.S. automaker to shut the Ontario plant.

Wall St. inches up with financials; earnings in focus

Business RSS - 7 hours 6 min ago
NEW YORK (Reuters) - All three major U.S. stock index rose to record closing highs on Monday, with the Dow Jones Industrial Average less than 50 points below 23,000, ahead of a long list of earnings this week and as financial shares recovered from last week's losses.

Netflix Adds 5.3 Million Subs in Q3, Beating Forecasts - Variety

Google RSS - 7 hours 6 min ago

Variety

Netflix Adds 5.3 Million Subs in Q3, Beating Forecasts
Variety
Netflix kept the streaming train going full-tilt in the third quarter of 2017, adding more subscribers in both the U.S. and abroad than expected. The company gained 850,000 streaming subs in the U.S. and 4.45 million overseas in the period. Analysts ...
Netflix Shares Rise After Subscriber Adds Beat EstimatesBloomberg
With another strong quarter, Netflix's share price hits all-time highThe Verge
Netflix crushes its own expectations for subscription growth againTechCrunch
U.S. News & World Report -CNBC -Recode -Nasdaq
all 103 news articles »

Netflix subscriber adds beat estimates as original shows lure viewers

Business RSS - 7 hours 24 min ago
(Reuters) - Video-streaming pioneer Netflix Inc added more subscribers than expected in the third quarter as original shows such as the latest season of "Narcos" helped attract more viewers.

U.S. shale output seen posting 11th straight rise in November: EIA

Business RSS - 8 hours 15 min ago
NEW YORK (Reuters) - U.S. shale production for November is forecast to rise for a 11th consecutive month, the U.S. government said on Monday, as U.S. prices stabilize around $50 a barrel.

Wall St. inches up with financials, energy

Business RSS - 8 hours 46 min ago
(Reuters) - U.S. stocks edged higher on Monday as financial shares recovered from last week's losses and higher oil prices lifted energy shares.

Berkowitz Liquidates Hedge Fund That Owned Sears Holdings Shares - Bloomberg

Google RSS - 8 hours 50 min ago

Bloomberg

Berkowitz Liquidates Hedge Fund That Owned Sears Holdings Shares
Bloomberg
Investor Bruce Berkowitz is shutting his hedge fund and distributing its holdings to investors, including a stake in Sears Holdings Corp. Berkowitz's Fairholme Capital Management reported the fund's unwinding, without naming it, in a U.S. Securities ...
One of Sears' biggest investors quits struggling retailer's boardChicago Tribune
Sears Holdings' second-largest investor to step down from board of directorsUSA TODAY
Sears Sinks After Key Investor Berkowitz Plans to Leave BoardYahoo Finance
Wall Street Journal -Business Insider -TheStreet.com -Benzinga
all 58 news articles »

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