Reuters Business News

  • Shift from non-GAAP bottom lines could be good for stock prices
    on August 19, 2017 at 12:45 am

    SAN FRANCISCO (Reuters) - Investors worried about lofty stock-market valuations may take comfort in signs that companies in the benchmark S&P 500 index are padding their bottomlines less than they have in previous years. […]

  • Elliott lawyer says third bidder may top Buffett's Oncor bid
    on August 18, 2017 at 11:55 pm

    (Reuters) - An unidentified utility could pay $9.3 billion to buy Texas power transmission company Oncor Electric Delivery Co, topping Berkshire Hathaway Inc's $9 billion bid, a lawyer for the largest creditor of Oncor's parent told a U.S. bankruptcy judge on Friday. […]

  • NAFTA negotiators hone in on origin rules, dispute settlement
    on August 18, 2017 at 10:47 pm

    WASHINGTON (Reuters) - U.S., Canadian and Mexican negotiators on Friday began digging into some of the thorniest issues in modernizing the North American Free Trade Agreement, including rules of origin for goods produced in the region, services trade and a controversial dispute settlement system. […]

  • Former UAW official charged in Fiat Chrysler payoff probe
    on August 18, 2017 at 10:07 pm

    (Reuters) - A former senior official at the United Auto Workers trade union was charged on Friday with conspiring with other union officials to accept improper payments from Fiat Chrysler Automobiles NV officials over a four-year period. […]

  • U.S. prosecutors recommend three years in prison for VW engineer Liang
    on August 18, 2017 at 9:10 pm

    DETROIT (Reuters) - Federal prosecutors on Friday recommended a three-year prison sentence for Volkswagen AG engineer James Liang for his role in a diesel emissions scandal that has cost the German automaker as much as $25 billion. […]