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Exclusive: EU wants to exclude utilities from U.S. trade talks
Exclusive: EU wants to exclude utilities from U.S. trade talks
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BRUSSELS (Reuters) - The European Union wants to exclude much of the utility sector from a prospective EU-U.S. free trade agreement in order to protect government controlled infrastructure, the latest draft of the EU's mandate for the negotiations showed on Tuesday.
Created 5 minutes ago


Two Denso Corp executives to plead guilty to price fixing: U.S.
Two Denso Corp executives to plead guilty to price fixing: U.S.
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WASHINGTON (Reuters) - Two executives at auto parts maker Denso Corp have agreed to plead guilty to conspiring to fix prices and have agreed to cooperate with an ongoing criminal investigation, the U.S. Justice Department said on Tuesday.
Created 6 minutes ago


Wall Street drifts near record, Home Depot buoys Dow
Wall Street drifts near record, Home Depot buoys Dow
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NEW YORK (Reuters) - Stocks were little changed in early trading on Tuesday with Home Depot at a record high and buoying the blue-chips while investors eyed congressional testimony from Fed chairman Ben Bernanke on Wednesday.
Created 7 minutes ago


Embraer books 'milestone' SkyWest deal worth up to $8.3 billion
Embraer books 'milestone' SkyWest deal worth up to $8.3 billion
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SAO PAULO (Reuters) - SkyWest Inc , the world's largest regional airline group, agreed to buy at least 40 new jets from Brazilian planemaker Embraer SA , in a deal that could climb to 200 aircraft and a total price tag of more than $8 billion.

Created 8 minutes ago


Senate panel hammers Apple over offshore tax strategies
Senate panel hammers Apple over offshore tax strategies
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WASHINGTON (Reuters) - Apple Inc came under fire on Tuesday at a Senate hearing over an investigation that alleged the U.S. high technology icon has kept billions of dollars in profits in Irish subsidiaries and paid little or no taxes to any government.
Created 10 minutes ago


Saudi Arabia executes five Yemenis and displays corpses
Saudi Arabia executes five Yemenis and displays corpses
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DUBAI (Reuters) - Saudi Arabia executed five Yemenis on Tuesday for robbery and murder, then put their bodies on public display as a further punishment, state news agency SPA said.
Created 19 minutes ago


Appeals court rules bin Laden death photos can stay secret
Appeals court rules bin Laden death photos can stay secret
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WASHINGTON (Reuters) - A federal appeals court ruled on Tuesday that the U.S. government had properly classified more than 50 images of al Qaeda leader Osama bin Laden taken after his death, and that the government did not need to release them.
Created 22 minutes ago


AcelRX post-op pain treatment meets late-stage study goal
AcelRX post-op pain treatment meets late-stage study goal
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(Reuters) - AcelRX Pharmaceuticals Inc said its experimental treatment for post-operative pain met its main goal in a late-stage trial of patients who had undergone knee or hip replacement surgery, sending its shares up 15 percent.
Created 23 minutes ago


Ireland rejects blame for Apple's low tax rate
Ireland rejects blame for Apple's low tax rate
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CORK/DUBLIN (Reuters) - Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments and had no special rate deal with the company after the U.S. Senate said it paid little or no tax on tens of billions of dollars in profits stashed in Irish subsidiaries.
Created 29 minutes ago


JPMorgan's Dimon looks set to remain chairman after battle
JPMorgan's Dimon looks set to remain chairman after battle
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TAMPA, Florida (Reuters) - JPMorgan Chase & Co's Chairman and Chief Executive Jamie Dimon looks set to win a vote about whether he gets to keep his chairman title, the New York Times reported on Tuesday.
Created 38 minutes ago


Sprint raises Clearwire offer, not enough for some
Sprint raises Clearwire offer, not enough for some
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(Reuters) - Sprint Nextel Corp raised its buyout offer for wireless service provider Clearwire Corp to $3.40 per share, though some investors and analysts said the new bid was still not enough to overcome staunch opposition.
Created 39 minutes ago


Iran acts to expand sensitive nuclear capacity: diplomats
Iran acts to expand sensitive nuclear capacity: diplomats
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VIENNA (Reuters) - A U.N. nuclear agency report due this week is expected to show Iran further increasing its capacity to produce material that its adversaries fear could eventually be put to developing atomic bombs, Western diplomats said on Tuesday.
Created about an hour ago


Shell says hunt for new CEO is underway
Shell says hunt for new CEO is underway
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THE HAGUE (Reuters) - The hunt for Royal Dutch Shell's next chief executive is underway, its chairman said on Tuesday, after CEO Peter Voser made what could be his last appearance at the oil group's annual shareholder meeting.
Created about an hour ago


Wall Street starts slightly higher, eyes on Fed
Wall Street starts slightly higher, eyes on Fed
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NEW YORK (Reuters) - Stocks opened slightly stronger on Tuesday after the S&P 500 hit yet another intraday record in the previous session, with markets expected to drift sideways ahead of Congressional testimony from Federal Reserve Chairman Ben Bernanke on Wednesday.
Created about an hour ago


Kerry visits Oman for arms deal, talks on Syria, Mideast
Kerry visits Oman for arms deal, talks on Syria, Mideast
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MUSCAT (Reuters) - Secretary of State John Kerry flew to Oman on Tuesday for Raytheon Co's signing of an estimated $2.1 billion arms deal and to consult on Syria and Iran, U.S. officials said.
Created about an hour ago


Ericsson closes telecom cable manufacturing facility
Ericsson closes telecom cable manufacturing facility
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STOCKHOLM (Reuters) - Ericsson announced on Tuesday plans to shut its telecom cable manufacturing facility in Sweden and would take a 500 million Swedish crown ($75 million) charge as a result.
Created about an hour ago


Justin Bieber's monkey 'Mally' becomes German state property
Justin Bieber's monkey 'Mally' becomes German state property
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BERLIN (Reuters) - A monkey which belonged to popstar Justin Bieber has become German national property after the singer failed to provide authorities with the documents needed to reclaim the pet seized by customs officials.

Created about an hour ago


Singer George Michael under observation for head injuries
Singer George Michael under observation for head injuries
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LONDON (Reuters) - British singer George Michael remains in hospital under observation for head injuries, five days after a car accident, his publicist said on Tuesday.
Created about an hour ago


JPMorgan may beat proposal to split chairman, CEO roles: NYT
JPMorgan may beat proposal to split chairman, CEO roles: NYT
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NEW YORK (Reuters) - JPMorgan Chase & Co appears to have defeated a shareholder proposal to split the roles of Chairman and Chief Executive Jamie Dimon, the New York Times reported on Tuesday.
Created about an hour ago


Oklahoma lowers tornado death toll amid frantic search
Oklahoma lowers tornado death toll amid frantic search
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MOORE, Oklahoma (Reuters) - Emergency workers searched for survivors in the rubble of homes, schools and a hospital in an Oklahoma town hit by a powerful tornado, but officials on Tuesday sharply lowered the number of deaths caused by the storm.
Created about an hour ago