williams

Bosch concealed Volkswagen use of ‘defeat device’ software: lawyers

By David Shepardson WASHINGTON (Reuters) – Auto supplier Robert Bosch GmbH [ROBG.UL] concealed the use of Volkswagen AG's secret “defeat device” software that it helped design and demanded in 2008 that the German automaker provide legal protection in its use, lawyers for American owners alleged in a court filing. The filing on Friday in U.S. District Court in San Francisco expands on claims plaintiffs lawyers made in August, when they alleged Bosch was a “knowing and active participant” in Volkswagen's decade-long scheme to…

Original post: 
Bosch concealed Volkswagen use of ‘defeat device’ software: lawyers

williams

Fed’s Williams says U.S. economy in good shape, wants rate hike

A top Federal Reserve official on Tuesday repeated his call for gradual interest rate hikes, evidently unfazed by a slowdown in U.S. job gains and sluggishness in the services sector that now has traders betting against any rate hike at all this year. It “makes sense …

See the original post here: 
Fed’s Williams says U.S. economy in good shape, wants rate hike

williams

Email campaign asks McDonald’s to take U.S. antibiotic curbs global

By Lisa Baertlein LOS ANGELES (Reuters) – A charity looking to fight the rise of dangerous, drug-resistant bacteria on Thursday asked the public to help convince McDonald's restaurants around the world to stop serving meat and milk from animals raised with routine use of medically important antibiotics. A week after the world's biggest fast-food company took that step with poultry at its U.S. restaurants, U.K.-based ShareAction launched an online campaign enabling people to email McDonald's Corp CEO Steve Easterbrook. The group, which…

Read more:
Email campaign asks McDonald’s to take U.S. antibiotic curbs global

williams

Electronic Marlboro sucks Japanese smokers away from Japan Tobacco

By Ritsuko Shimizu TOKYO (Reuters) – Marlboro maker Philip Morris International says its e-cigarette has rapidly captured close to 3 percent of Japanese tobacco sales, making inroads into a market Japan Tobacco (JT) relies on for 40 percent of its profit. In what may be an early vindication of Philip Morris's e-cigarette strategy, the iQOS accounted for 2.2 percent of Japan's tobacco sales in the quarter ended June 30, a company spokesman said.

Continued here:
Electronic Marlboro sucks Japanese smokers away from Japan Tobacco

williams

Fed should raise interest rates this year, Williams says

The Federal Reserve should raise interest rates further this year, a top U.S. central banker said in an interview published on Thursday, reflecting improved labor market conditions and the likelihood that inflation is heading higher. “As the economy gets closer to its goals, we can again pull our foot off the…

Go here to read the rest:
Fed should raise interest rates this year, Williams says

williams

Fed’s Williams eyes two 2016 rate hikes: Fox Business Network

San Francisco Fed President John Williams said Thursday that at least two interest-rate hikes this year is the “right course” so long as the U.S. economy continues to grow, businesses add jobs, and inflation picks up as he expects. “If the …

Go here to see the original:
Fed’s Williams eyes two 2016 rate hikes: Fox Business Network

williams

Exclusive: Energy Transfer has held talks to sell Sunoco – sources

Energy Transfer Equity LP , the U.S. pipeline company that agreed to acquire Williams Companies Inc , has held talks to sell gas station and convenience store operator Sunoco LP , according to three people familiar with the matter. While these discussions …

Read more:
Exclusive: Energy Transfer has held talks to sell Sunoco – sources

williams

Fed’s Williams says sees ‘smidgen’ slower rate hikes

The Federal Reserve probably needs to keep U.S. interest rates lower for longer given headwinds from weak global economic growth, a stronger dollar and an unexpectedly sustained drop in oil prices, a top Fed official suggested on Friday. San Francisco Federal Reserve Bank President John Williams told …

Read more here: 
Fed’s Williams says sees ‘smidgen’ slower rate hikes

williams

Boeing 737 MAX jet successfully completes first flight

The plane is the fourth version of the original 737, which made its first flight in 1967 and has become one of Boeing's most profitable aircraft. The 737 MAX features new engines from CFM International, a joint venture of General Electric and Safran SA of France , and other refinements that improve fuel efficiency by 14 percent compared with…

Read the original here:
Boeing 737 MAX jet successfully completes first flight

williams

Fed is clearly on a path of returning rates to normal: Williams

The Federal Reserve is clearly on a path of returning interest rates to a normal level of 3 percent to 3.5 percent over the next few years, a top Federal Reserve official said on Friday. Raising rates in December was the right thing to do, given the improvement in the labor market, San Francisco Federal Reserve Bank President

View post:
Fed is clearly on a path of returning rates to normal: Williams

Next Page »