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Dollar dips from two-week high, stocks in the red

“And that is precisely what we are seeing today.” Financials were among the biggest losers in Europe, their 1.5 percent fall led by a 10 percent plunge in Austrian bank Raiffeisen Bank International after it said it will look into a possible merger with

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Dollar dips from two-week high, stocks in the red

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Loss of U.S. boss seen hitting VW turnaround, but not talks with regulators

By Andreas Cremer BERLIN (Reuters) – The departure of Volkswagen's U.S. boss is a blow to the carmaker's attempts to revive sales after its emissions test cheating scandal, but should not disrupt its efforts to strike a deal with U.S. regulators, analysts and sources told Reuters. Michael Horn, whose surprise departure from the helm of Volkswagen Group of America was announced late on Wednesday, was not on the teams negotiating with U.S. regulators over a fix for almost 600,000 vehicles…

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Loss of U.S. boss seen hitting VW turnaround, but not talks with regulators

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Twitter doles out stock, cash bonuses to retain talent: WSJ

Four top executives left the company in January, the biggest leadership exodus since co-founder Jack Dorsey returned as chief executive last year. The departures added to concerns about the company's ability to make its product more engaging and generate more money from advertising. Twitter has been offering cash bonuses to some employees, ranging from $50,000 to $200,000 as an incentive to keep them around for another six

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Twitter doles out stock, cash bonuses to retain talent: WSJ

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Firming U.S. inflation keeps Fed rate hike on the table

By Lucia Mutikani WASHINGTON (Reuters) – Rising rents and healthcare costs lifted underlying U.S. consumer price inflation in January by the most in nearly 4-1/2 years, providing support for the view that the…

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Firming U.S. inflation keeps Fed rate hike on the table

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Apollo Global’s ADT deal shows appetite for M&As still strong

(Reuters) – Private equity firm Apollo Global Management LLC will buy ADT Corp in the biggest leveraged buyout so far this year to create a business with nearly a third of North America's electronic security products market.

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Apollo Global’s ADT deal shows appetite for M&As still strong

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Technology vs. Promotions: Who Wins?

As Americans, perhaps the only thing we love more than our football is our pizza. And on Sunday, those two loves will intersect in perfect gluttonous harmony during Super Bowl 50 for what's not only the biggest date on the NFL calendar, but the biggest day of the year for pizza delivery, to boot. Just like pro football, there's a lot of dough…

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Technology vs. Promotions: Who Wins?

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Crude extends gains after surge on short-covering, cold spell

Oil prices soared 10 percent on Friday, one of the biggest daily rallies ever, as bearish traders who had taken out record short positions scrambled to close them, betting the market's long rout may finally be over. “Low crude oil prices continue to negatively impact high cost U.S. oil producers. A massive snowstorm on the U.S. East Coast helped stoke demand for oil for heating, helping

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Crude extends gains after surge on short-covering, cold spell

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JAB-led investor group to buy K-Cup maker Keurig for $13.9 billion

The transaction, pitched at a rich 78 percent premium to Keurig's Friday closing price, would be the biggest coffee acquisition by JAB, the investment vehicle of Germany's billionaire Reimann family, as it tries to become a formidable competitor to world coffee market leader Nestle SA. For Luxembourg-based JAB, the deal for the maker of K-Cup coffee pods “is a fantastic opportunity for them to be really a global player in the coffee market. The price represents a “demanding valuation” of about 15 times Keurig's earnings before…

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JAB-led investor group to buy K-Cup maker Keurig for $13.9 billion

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Fed’s Yellen argues for interest rate caution in exchange with Nader

In a letter to Nader, the Fed chair repeated recent statements that the central bank should only gradually raise interest rates. “An overly aggressive increase in rates … would at undercut the economic expansion, necessitating a lasting return to low interest rates,” Yellen said in the letter. Nader published an open letter to Yellen on Oct. 30 that asked her to consider the “humble savers” with money in banks and money market accounts who were “frustrated by the Fed's low rates and melodramatic debate about when to

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Fed’s Yellen argues for interest rate caution in exchange with Nader

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Tight inventories, rising prices hurt U.S. home sales

By Lucia Mutikani WASHINGTON (Reuters) – U.S. home resales fell in October as a persistent shortage of properties limited choice for potential buyers and pushed up prices, suggesting some softening in the pace of the…

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Tight inventories, rising prices hurt U.S. home sales

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