CHICAGO (Reuters) – Following the collapse of Hanjin Shipping Co Ltd , container shipping rates from Asia to the United States spiked 50 percent as the carrier’s customers scrambled for ships. Few shipping industry experts expect those price increases …
CHICAGO (Reuters) – A U.S. congresswoman urged the Labor Department on Monday to investigate Chipotle Mexican Grill for possible wage theft, another potential hurdle for the burrito chain as it seeks to rebound from food-safety problems last year.
NEW YORK (Reuters) – Bats Global Markets on Monday accused rival exchange operator Nasdaq Inc of attempting to boost revenues by proposing a new feed for industry data essential to U.S. stock market operations.
NEW YORK (Reuters) – Berkshire Hathaway Inc has been sued by a New York bicycle courier company over an alleged illegal scheme to cheat employers buying workers’ compensation policies.
CHICAGO (Reuters) – The Federal Reserve should avoid removing support for the U.S. economy too quickly, Fed Governor Lael Brainard said on Monday in comments that solidified the view the central bank would leave interest rates unchanged next week.
MONACO (Reuters) – The Lloyd’s of London insurance market has a lined up of companies wanting to join, Chairman John Nelson said on Monday, even as Britain’s vote to leave the European Union casts doubt over its European business.
WASHINGTON (Reuters) – The U.S. Commerce Department on Monday said it had made a preliminary finding that imports of stainless steel sheet and strip from China are being dumped in the U.S. market at below fair value.
SAN FRANCISCO (Reuters) – Samsung Electronics Co Ltd and LG Electronics were accused of agreeing to avoid poaching each other’s U.S. employees, according to a U.S. civil lawsuit filed last week, in what has become a familiar allegation in Silicon Valle…
OSLO (Reuters) – Facebook Inc will learn from a mistake it made by deleting a historic Vietnam War photo of a naked girl fleeing a napalm attack, the company’s chief operating officer said.
(Reuters) – Bank of America Corp. is on track to post higher third quarter revenues in its investment banking business compared to the second quarter, the head of the unit said at an industry event Monday.
NEW YORK (Reuters) – Two measures of U.S. inflation expectations rebounded last month, according to a Federal Reserve Bank of New York survey that may come as a relief to central bankers worried about price measures stuck at low levels.
TOKYO/HONG KONG/LONDON (Reuters) – A sudden surge in government borrowing rates across the world has jarred global markets, reflecting mounting investor anxiety that central banks have run out of both tools and ideas to stimulate economies on their own…
FRANKFURT (Reuters) – Deutsche Bank has no plans to sell its asset management business, its chief executive said in a letter to employees in which he called for them to focus on solving the German lender’s problems.