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Exclusive: Dick’s wins auction for U.S. business of bankrupt Golfsmith – sources

October 21, 2016 by · Leave a Comment 

Dick's plans to keep open at least 30 Golfsmith stores and wind down the rest with liquidators from Hilco Global and Tiger Capital Group, the people said. Golfsmith had 109 stores in the United States at the time of its bankruptcy filing last month, and has been closing stores since then. With the bid, Dick's, the largest U.S. sporting goods retailer, also won Golfsmith's intellectual

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Exclusive: Dick’s wins auction for U.S. business of bankrupt Golfsmith – sources

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Audi to buy back 25,000 diesel Q7 models in U.S.: Der Spiegel

October 21, 2016 by · Leave a Comment 

FRANKFURT (Reuters) – Volkswagen's premium division Audi will buy back 25,000 diesel engined cars in the United States to compensate owners whose cars do not meet exhaust emission standards, German weekly Der Spiegel said on Friday.

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Audi to buy back 25,000 diesel Q7 models in U.S.: Der Spiegel

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Goldman Sachs’ profit jumps 58 percent as trading revenue surges

October 18, 2016 by · Leave a Comment 

(Reuters) – Goldman Sachs Group Inc reported a 57.9 percent rise in quarterly profit on Tuesday as trading revenue surged.

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Goldman Sachs’ profit jumps 58 percent as trading revenue surges

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BMW recalls 33,026 cars in Russia: watchdog

October 12, 2016 by · Leave a Comment 

MOSCOW (Reuters) – Russian standards agency Rosstandart said on Wednesday it had been informed about a voluntary recall by German carmaker BMW of 33,026 cars of the X3 F25 and X4 F26 models.

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BMW recalls 33,026 cars in Russia: watchdog

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U.S. senators quiz airlines on IT systems after Delta disruption

August 16, 2016 by · Leave a Comment 

Two U.S. senators on Tuesday sent letters to 13 major airlines expressing concerns that their information technology systems are vulnerable to outages that can strand thousands of passengers similar to recent flight cancellations. Senators Richard Blumenthal and Edward Markey sent letters after Southwest Airlines Co and Delta Air Lines Inc experienced technology issues that resulted in thousands of flight cancellations across the country.

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U.S. senators quiz airlines on IT systems after Delta disruption

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Oil at five-week high as OPEC sources, Russia, talk of cooperation

August 16, 2016 by · Leave a Comment 

Oil settled up nearly 2 percent on Tuesday, hitting five-week highs for a second straight day as sources at OPEC spoke of Saudi Arabia's apparent desire for higher crude prices while Russia met the producer group to discuss the market. A weaker dollar also supported crude prices, as did the loss of more than 700,000 barrels per day (bpd) in Nigerian output to militant attacks and pipeline problems. The Organization of the Petroleum Exporting …

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Oil at five-week high as OPEC sources, Russia, talk of cooperation

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SEC charges company for severance agreements that deter whistleblowing

August 16, 2016 by · Leave a Comment 

WASHINGTON (Reuters) – U.S. securities regulators filed charges on Tuesday against a California-based company for preventing outgoing employees from reaping the benefits of government whistleblower awards.

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SEC charges company for severance agreements that deter whistleblowing

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Teva, Allergan win U.S. antitrust approval for generics deal

July 27, 2016 by · Leave a Comment 

WASHINGTON (Reuters) – Teva Pharmaceutical Industries Ltd won U.S. antitrust approval to purchase Allergan Plc's generics business, after agreeing to divest 79 generic drugs to rival firms, the Federal Trade Commission said on Wednesday.

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Teva, Allergan win U.S. antitrust approval for generics deal

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Asia shares slip for seventh session, bonds well bid

May 5, 2016 by · Leave a Comment 

Asian shares slipped for a seventh straight session on Thursday as mixed economic data did nothing to assuage concerns about global growth, keeping sovereign bonds well supported as a hedge against deflation risks.

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Asia shares slip for seventh session, bonds well bid

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New York Times revenue falls on lower ad sales

May 3, 2016 by · Leave a Comment 

(Reuters) – New York Times Co reported a 1.2 percent fall in quarterly revenue as ad sales fell in its print and digital businesses. Digital ad revenue, which contributes about a third of total ad revenue, fell 1.3 percent to $41.8 million, while print advertising revenue fell 9 percent, the company said on Tuesday.

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New York Times revenue falls on lower ad sales

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