Business

(Reuters) – Walt Disney Co (DIS.N) is in the lead to acquire much of Twenty-First Century Fox Inc’s (FOXA.O) media empire, though rival suitor Comcast Corp (CMCSA.O) remains in contention, people familiar with the matter said on Tuesday. FILE PHOTO: The Twenty-First Century Fox Studios flag flies over the company building in Los Angeles, California
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DETROIT (Reuters) – General Motors Co (GM.N) on Tuesday said it will equip newer cars with in-dash e-commerce technology, betting it can profit as drivers order food, find fuel or reserve hotel rooms by tapping icons on the dashboard screen, instead of using smartphones while driving. The GM logo is seen at the General Motors
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(Reuters) – U.S. stock futures pointed to a solid open for Wall Street on Monday after the U.S. Senate passed its version of a tax overhaul bill, bringing closer to reality President Donald Trump’s promise of cutting corporate taxes to spur growth. Traders work on the floor of the New York Stock Exchange, (NYSE) in
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BERLIN (Reuters) – Volkswagen AG (VOWG_p.DE) executive Oliver Schmidt, who is due to be sentenced this week in connection with the carmaker’s emissions scandal, has written to the judge to say he feels “misused” by the German company. FILE PHOTO: Volkswagen’s logos are pictured at the 45th Tokyo Motor Show in Tokyo, Japan October 25,
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ATHENS (Reuters) – Greece and official creditors on Saturday concluded talks on the review of its bailout progress, reaching agreement on fiscal issues, energy and labor market reforms, bad loans and privatizations, the country’s finance minister said. Greek Finance Minister Euclid Tsakalotos arrives for a cabinet meeting at the parliament in Athens, Greece June 13,
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SAN FRANCISCO/WASHINGTON (Reuters) – Three senior managers in Uber Technologies Inc’s security unit resigned on Friday, an Uber spokesperson said, days after the company’s new chief executive officer disclosed a massive data breach and criticized past security practices. FILE PHOTO: The Uber logo is seen on a screen in Singapore August 4, 2017. REUTERS/Thomas White/File
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SAN FRANCISCO (Reuters) – An abrupt stock selloff on Friday, sparked by a report that magnified concerns about President Donald Trump’s potential links with Russia, prompted Wall Street’s favorite reaction in recent months: “Buy the dip.” Traders watch, as a television displays the news about former U.S. national security adviser Michael Flynn, at the New
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(Reuters) – Wipro Ltd (WIPR.NS), India’s No.3 software exporter, said on Friday that it would challenge a lawsuit filed by National Grid US seeking damages of over $140 million related to a project that dates back to 2009. The Wipro campus is seen in Bangalore June 23, 2009. REUTERS/Punit Paranjpe/File Photo The lawsuit was filed
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NEW YORK (Reuters) – Virtual currency bitcoin soared to an all-time high above $10,000 on Tuesday on major exchanges and digital currency indexes, including the widely followed Luxembourg-based trading platform BitStamp. Bitcoin (virtual currency) coins placed on Dollar banknotes are seen in this illustration picture, November 6, 2017. REUTERS/Dado Ruvic/Illustration Created in 2009, bitcoin uses
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