WASHINGTON (Reuters) - U.S. industrial production increased more than expected in December as unseasonably cold weather at the end of the month boosted demand for heating, but manufacturing output barely rose, pointing to moderate growth in the industrial sector.
(Reuters) - The Federal Trade Commission (FTC) is investigating whether chipmaker Broadcom Ltd engaged in anticompetitive tactics in negotiations with customers, according to a person familiar with the matter.
The payment is expected to be the largest of its type following US tax code changes.
LONDON (Reuters) - Royal Bank of Scotland staff helping small firms to restructure debt during the financial crisis were given a list of ways to squeeze more money from struggling clients and told to "Just Hit Budget!", a memo released on Wednesday showed.
(Reuters) - Apple Inc on Wednesday said it will make about $38 billion in tax payments on its overseas cash and plans to open a second U.S. campus as part of a 5-year, $30 billion U.S. investment plan.
LONDON (Reuters) - Activist investor Sachem Head has asked Whitbread to consider a break up of its Costa Coffee chain from its hotels and restaurant businesses, two people familiar with the matter told Reuters.
PARIS (Reuters) - Renault-Nissan is to pursue plans to create separate strategy and operations leadership roles, Renault CEO Carlos Ghosn said on Wednesday in a sign he may pull back as boss of the French carmaker.
MILAN (Reuters) - For almost 70 years, family-owned chocolate group Ferrero shunned acquisitions, relying completely on its ability to grow on its own and dream up new products. Those days are gone.
The investment bank has experienced problems in its fixed income, currencies and commodities trading business.
Bonus payments to the construction giant's directors and former executives have been stopped.
The ONS finds the gender pay gap increased from 40 onwards, peaking between 50 and 59.
The tech giants aren’t Standard Oil. But critics are starting to ask if antitrust laws could apply to them anyway.
An Energy Department photographer says he was fired for exposing the coal industry’s influence with the Energy secretary.
U.S. stocks edged higher in early trading Wednesday, recouping some of the market's losses from a day earlier. Technology and health care companies accounted for much of the gains. Financials stocks declined the most after some big banks reported hefty quarterly losses.
The company’s demise leaves a vast web of subcontractors unsure what to expect. The government says Carillion’s public-sector work will continue.
CVS, the pharmaceutical giant, bans airbrushing of models.
The bank reported its first quarterly loss since 2011, because of a one-time hit from the tax law and plunging revenue from trading bonds and other products.
Wagamama and Pret will only provide plastic straws on request.
The Senate is poised to approve significant changes to the post-crisis financial law. Some moderate Democrats are supporting the effort, even as their progressive colleagues warn that it’s too risky.
EDF Energy plans to build Sizewell C, located to the north of the existing Sizewell B plant on the Suffolk coast.
The supermarket announces a grace period until June for its biggest rewards after a customer backlash.