Oft-divided SEC speaks with one voice when suing corporations: records

The U.S. Securities and Exchange Commission has released a collection of internal voting records, long held secret, that reveal it to be less divided than is commonly thought. The new data reveal that the agency's commissioners vote unanimously almost every time they

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Oft-divided SEC speaks with one voice when suing corporations: records

FCC will not say if agency will review AT&T purchase of Time Warner

U.S. Federal Communications Commission Chairman Tom Wheeler on Thursday declined to say if he thinks the commission will review AT&T's proposed $85.4 billion purchase of Time Warner Inc. At a press conference, Wheeler called questions hypothetical, since nothing has been filed. Some analysts have suggested that since Time Warner only holds one broadcast license and some satellite licenses that the transaction could avoid a full-scale review by the FCC. “We ought to see how things develop,” Wheeler said, declining to …

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FCC will not say if agency will review AT&T purchase of Time Warner

Twitter beats estimates, cuts jobs with eye on 2017 profitability

The company is “more disciplined about how we invest in the business” and intends to be profitable in 2017, said Chief Financial Officer Anthony Noto. Among its priorities, Twitter is dedicated to growing its burgeoning live video offerings through partnerships with organizations such as the National Football League, Noto said. Twitter, which has seen user growth stall amid competition from nimbler rivals such as

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Twitter beats estimates, cuts jobs with eye on 2017 profitability

U.S. business spending tepid; labor market firming

By Lucia Mutikani WASHINGTON (Reuters) – New orders for U.S. manufactured capital goods unexpectedly fell in September amid weak demand for computers and electronic products, which could temper expectations for an…

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U.S. business spending tepid; labor market firming

Qualcomm to buy NXP for $38 billion in biggest chip deal

Smartphone chipmaker Qualcomm Inc agreed to buy NXP Semiconductors NV for about $38 billion in the biggest-ever deal in the semiconductor industry, making it the leading supplier to the fast-growing automotive chips market. The acquisition will also help Qualcomm, which provides chips to Android smartphone makers and Apple Inc , reduce…

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Qualcomm to buy NXP for $38 billion in biggest chip deal

White House urges ban on non-compete agreements for many workers

The administration said so-called non-compete agreements interfere with worker mobility and states should consider barring companies from requiring low-wage workers and other employees who are not privy to trade secrets or other special circumstances to sign them. Vice President Joe Biden in a statement said he had heard from a…

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White House urges ban on non-compete agreements for many workers

Toyota to recall 5.8 million cars in Japan, China, Europe over Takata airbags

Japan's Toyota Motor Corp on Wednesday said it was recalling a total of about 5.8 million cars at home and abroad over potentially faulty air bag inflators made by Takata Corp. The recall, which includes the Corolla and the Vitz subcompact hatchback model which is marketed overseas as the Yaris, covers models produced between May 2000 and November 2001, and April 2006 and December 2014, the company said…

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Toyota to recall 5.8 million cars in Japan, China, Europe over Takata airbags

AT&T aims to break from streaming crowd with Time Warner

By Lisa Richwine LOS ANGELES (Reuters) – AT&T is betting its purchase of Time Warner Inc will give the company an edge in winning subscribers for its live internet television package, a new front in media that is about to become crowded by technology players. The DirecTV Now service coming to the market next month will offer the kind of live programming on multiple channels now available primarily through traditional cable providers. DirecTV's price …

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AT&T aims to break from streaming crowd with Time Warner

U.S. judge approves $14.7 billion deal in VW diesel scandal

By David Shepardson WASHINGTON (Reuters) – A U.S. judge on Tuesday approved one of the biggest corporate settlements on record, Volkswagen AG's $14.7 billion deal arising from its diesel emissions cheating scandal, and the German automaker said it would begin buying back polluting cars in mid-November. U.S. District Judge Charles Breyer in San Francisco signed off …

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U.S. judge approves $14.7 billion deal in VW diesel scandal

Apple’s holiday surprise: big sales, not so big profits

Apple Inc posted its third successive quarter of declining iPhone sales on Tuesday and forecast slimmer-than-expected profit margins over the upcoming holiday season even as it projected record sales, sending its shares down. “In essence, in China and elsewhere, while Apple’s

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Apple’s holiday surprise: big sales, not so big profits

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