US confirms 11th death due to Takata air bags
Tom Krisher and Dee-Ann Durbin, Associated Press 9:07 a.m. EDT October 21, 2016Takata logo(Photo: Shizuo Kambayashi, Associarted Press)A 50-year-old woman who died after a car wreck last month in California is the 11th U.S. victim of Takata Corp.'s defective air bag inflators.The National Highway Traffic Safety Administration confirmed the woman's death on Thursday but didn't release her name. Up to five people also may have been killed by the air bags in Malaysia, bringing the numb..>> view originalEricsson Is Suffering in North America
Sweden’s Ericsson said sales in North America, its biggest market, had fallen in the past three months, identifying another of its weaknesses after the mobile telecom equipment maker’s dramatic profit warning last week. The company, the world’s biggest maker of mobile network equipment, also said it would introduce further cost-cutting to deal with a weaker mobile broadband market. Ericsson eric shocked investors last week when it issued the profit warning—indicating a plunge of more tha..>> view originalTrump, Clinton spending furiously as Election Day nears
By JULIE BYKOWICZ and CHAD DAY, Associated Press WASHINGTON (AP) — Defying his notorious stinginess, Donald Trump more than doubled his campaign spending last month compared to August. He burned through roughly $70 million as his standing in polls and among fellow Republicans dropped. His Democratic opponent, Hillary Clinton, spent even more — almost $83 million. New finance reports filed with the Federal Election Commission outlined their dramatically different approaches to the quest f..>> view originalHedge Funds Hurt as Investors Remove $28 Billion in 3 Months
Photo Leon G. Cooperman, the founder of Omega Partners, made news in September when the Securities and Exchange Commission charged him and his firm with insider trading. Credit Christopher Goodney/Bloomberg It has been a bruising year for hedge funds. Big bets have been disastrous, investors have voiced discontent and some managers have been forced to rewrite their playbooks or call it quits.And now, there is new data to rub salt into the industry’s wounds: Over the las..>> view originalGE and Honeywell earnings loom large for troubled industrials
Honeywell was in the news recently after lowering its upper end sales and profit forecast range, due to a slowdown in its aerospace and aviation division. Honeywell said sales would fall 3 percent in the third quarter, compared to the crowd's expectations of a 2 percent increase. For the year, profits are now expected to fall in the range of $6.60 to $6.64 a share, down from its previous forecast of $6.60 to $6.70, with sales down 1 to 2 percent from a year earlier. Shares were up double digits..>> view originalMcDonald's Turnaround Revs Up Abroad as Revenue Beats Estimates
McDonald’s Corp. Chief Executive Officer Steve Easterbrook has more tricks up his sleeve than serving Egg McMuffins all day.A series of upgrades at the company’s international locations -- including technological advances like self-service kiosks -- boosted sales in some of the restaurant’s chains biggest markets abroad and helped third-quarter results beat analysts’ expectations.While the introduction of all-day breakfast has revived McDonald’s fortunes in the U.S. over the past year, the worl..>> view originalDeutsche Bank Gets a Much-Needed Boost Working for Big Tobacco
In a year where little’s gone Deutsche Bank AG’s way, investment bankers at the German lender just got their biggest break so far.The firm is a lead financial adviser and sponsor on British American Tobacco Plc’s planned $47 billion takeover of Reynolds American Inc., its biggest deal of 2016. Deutsche Bank also told the London-based tobacco company it is “highly confident” it will be able to obtain financing commitments for the offer, according to a BAT statement released Friday.The deal has p..>> view original
Thursday, October 27, 2016
US confirms 11th death due to Takata air bags and other top stories.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment