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Samsung chief appears for second round of questions in graft probe

By Se Young Lee and Ju-min Park SEOUL (Reuters) – Samsung Group leader Jay Y. Lee appeared at the South Korean special prosecutor's office for questioning on Monday as part of a wider investigation into an influence-peddling scandal that could topple President Park Geun-hye. The special prosecutor has focused on South Korea's biggest conglomerate, accusing Lee in his capacity as Samsung... [Read more]

Greece says bailout deal close, but will not accept ‘illogical’ demands

By Karolina Tagaris ATHENS (Reuters) – Greek Prime Minister Alexis Tsipras said on Saturday he believed the country's drawn-out bailout review would be completed positively but repeated that Athens would not accept “illogical” demands by its lenders. Greece and its international lenders made clear progress on Friday toward bridging differences over its fiscal path in coming... [Read more]

U.S. government agency sued over sale of ‘certified’ used cars

The Center for Auto Safety and five other groups filed a lawsuit against the Federal Trade Commission (FTC) on Monday for allowing used cars to be advertised as “certified” or safe despite being the target of an outstanding safety recall. The FTC reached an agreement in January 2016 with General Motors Co and two dealership companies, Jim Koons Management and Lithia Motors Inc , that allows... [Read more]

Exclusive: Japan considers buying more U.S. energy as Abe prepares to meet Trump

By Tomo Uetake and Nobuhiro Kubo TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe is considering increasing energy imports from the United States, two sources familiar with the plan told Reuters, as he prepares to meet President Donald Trump, who has complained about Japan's trade surplus. Japan is putting together a package of plans for Japanese companies to invest in infrastructure... [Read more]

Alexa and Google Home’s dirty little secret: 97% of voice apps are only used for one week

As much as we may tire of mobile apps, they have one advantage over voice apps: We remember them. View original post here:  Alexa and Google Home’s dirty little secret: 97% of voice apps are only used for one week  Read More →

U.S. airline, travel agency shares nosedive amid immigration ban turmoil

U.S. airline and online booking agency shares slumped for the second consecutive day on Tuesday, and some industry executives have begun speaking out against the Trump administration's ban on travel from seven majority See the original post here:  U.S. airline, travel agency shares nosedive amid immigration ban turmoil  Read More →

Trump pushes drugmakers for lower prices, more U.S. production

WASHINGTON/LOS ANGELES (Reuters) – U.S. President Donald Trump in a meeting on Tuesday with pharmaceutical executives called on them to manufacture more of their drugs in the United States and cut prices, while vowing to speed approval … The rest is here: Trump pushes drugmakers for lower prices, more U.S. production  Read More →

Starbucks CEO Schultz plans to hire 10,000 refugees after Trump ban

Starbucks Corp Chief Executive Officer Howard Schultz said on Sunday that the company planned to hire 10,000 refugees over five years in 75 countries, two days after U.S. President Donald Trump's executive order banning refugees from certain countries. Trump on Friday put a four-month hold on allowing refugees into the United States and temporarily barred travelers from Syria and six other Muslim-majority... [Read more]

UBS hopes Trump-led rally will help boost wealth management

UBS hopes a Donald Trump-inspired rally in the United States will help boost earnings at its struggling wealth management business after posting a 47 percent fall in full-year net profit. With profit from its core wealth management business under pressure, the bank pointed to growing investor confidence in the United States towards the end of 2016 as a … See the original post here:  UBS hopes... [Read more]

Microsoft profit up as demand for cloud service soars

Microsoft Corp reported a 3.6 percent rise in fiscal second-quarter profit on Thursday, helped by growth in its fast-growing cloud computing business, but it saw a slight decline in margins in the unit that includes its flagship cloud platform Azure. Since taking charge in 2014, Chief Executive Satya Nadella has… Read more: Microsoft profit up as demand for cloud service soars  Read More →

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