Business News

  • New videos raise fresh questions in Chicago police shooting of black teen

    Newly released police dashboard camera videos from the scene of the shooting of a black teenager by a white Chicago patrolman could raise fresh questions over documentation of the killing, as the city braced for an organized protest march on Friday. Audio and video should be automatically activated…

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  • Ford (F) Recalls 451,865 Vehicles to Fix Faulty Fuel Tanks

    Ford Motor Co.'s (F) share price remained unchanged at $14.55 on Nov 24 even after the automaker announced a recall of 451,865 vehicles in North America

  • HSBC says to shut down India private banking business

    HSBC Holdings Plc (HSBA.L) is shutting its private banking unit in India, marking the exit of another foreign bank from the cut-throat wealth management business in Asia's third-largest economy. "After a strategic review of the global private banking operations in India, we have decided to close…

    Reuters21 mins ago
  • VW's Audi suspends two engineers in emissions probe

    Volkswagen's (VOWG_p.DE) luxury flagship Audi has suspended two engineers after its larger diesel engines were found evading emissions limits in the United States, Audi CEO Rupert Stadler said in a newspaper interview published on Thursday. Volkswagen (VW) and Audi notified U.S. authorities last…

  • Black Friday Sale: Stocks to Buy on the Cheap

    Buy socks when they are on sale as, contrary to the opinion of the general investor, pricing weaknesses usually provide the greatest investment opportunity

  • Altice beats Canal+ to English Premier League rights in France

    (Adds detail, quote, Altice and Premier League confirmation) PARIS, Nov 26 (Reuters) - Telecoms group Altice has won exclusive French broadcasting rights for English soccer's Premier League for the next three seasons, dealing a blow to current broadcaster Canal Plus, owned by rival media group…

  • South Korea's LG Display to invest $8.7 billion in new OLED plant

    South Korea's LG Display said it will invest more than 10 trillion won ($8.71 billion) to build a large plant to make panels using organic light-emitting diode (OLED) panels, raising its big bet on the ultra-clear display technology. The company said it will spend an initial 1.84 trillion won to…

  • Herbalife, CEO prevail in 'pyramid scheme' lawsuit

    U.S. District Judge Dale Fischer in Los Angeles decided on Monday that the Oklahoma Firefighters Pension and Retirement System failed to show that the defendants intended to deceive shareholders and materially misrepresented Herbalife's business. Herbalife shares were up 26 cents at $58.39 in…

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    Two Noteworthy Stats From Alphabet Inc's Q3 Earnings Release

    How many Google properties do you think have over 1 billion users? What percentage of internet search comes from mobile? Watch the video to find out, as Motley Fool analysts Dylan Lewis and Sean O'Reilly break down Alphabet Inc's most recent earnings release! This podcast was recorded on…

    The Motley Fool Videos
  • Olympics-Hamburg's 2024 Olympic hopes hinge on Sunday referendum

    By Karolos Grohmann BERLIN, Nov 26 (Reuters) - Hamburg's bid to host the 2024 summer Olympics hinges on the result of a referendum on Sunday, with city officials hoping for a strong show of support to boost the chances of Germany's Olympic newcomer staging the Games. The northern port city beat…

  • Here is What Hedge Funds Think About Barington/Hilco Acquisition Corp. Common Stock (BHAC)

    With the third-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the fourth quarter. One of these stocks was Barington/Hilco Acquisition Corp. Common Stock (NASDAQ:BHAC).…

    Insider Monkey
  • Big banks accused of interest rate-swap fixing in U.S. class action suit

    NEW YORK (IFR/Reuters) - A class action lawsuit, filed Wednesday, accuses 10 of Wall Street’s biggest banks and two trading platforms of conspiring to limit competition in the $320 trillion market for interest rate swaps. The class action lawsuit, filed in U.S. District Court in Manhattan, accuses…

  • Alibaba in talks with Hong Kong's SCMP Group for media assets - source

    By John Ruwitch and Anne Marie Roantree SHANGHAI/HONG KONG (Reuters) - Chinese e-commerce titan Alibaba Group Holding Ltd has approached the publisher of Hong Kong's South China Morning Post newspaper to discuss buying its media assets, a source familiar with the matter said on Thursday. Earlier,…

  • German court says ISPs may have to block music-sharing sites

    Germany's highest court said Internet service providers could be made responsible for blocking websites offering illegal music downloads, but only if copyright holders showed they had first made reasonable attempts to thwart such piracy by other means. The federal Supreme Court dismissed two cases…

  • With U.S.-Cuba detente, a battle over trademarks looms

    When Julio Manzini decided two years ago to name his small restaurant McDonald's after the famous fast-food chain (MCD.N), he had no idea it could cause any trouble. "I don't even know what McDonald's tastes like, I just thought the name was striking, like Shakira or something," he said at the…

  • Climate Warning: Rio Tinto Sees 50-Plus Year Future for Coal

    Coal’s future in the world’s energy mix is secure even as governments adopt stricter policies to tackle climate change, according to the head of coal and copper at Rio Tinto Group, the world’s second-biggest ...

  • Transocean Ltd. Earnings Q3, 2015

    Click here to see latest analysisTransocean Ltd. reports financial results for the quarter ended September 30, 2015.We analyze the earnings along side the following peers of Transocean Ltd. – Diamond Offshore Drilling, Inc., Pacific Drilling S.A., Helmerich & Payne, Inc., Rowan Cos. Plc Class A,…

    Capital Cube
  • UPDATE 1-Fed gives largest U.S. banks extra year for debt rule calculation

    The Federal Reserve said on Wednesday that bigger U.S. banks would have an extra year to calculate a capital requirement known as the supplementary leverage ratio for stress testing. Institutions subjected to the leverage ratio requirement will have to show regulators what the ratio would be in a…