‘Finance’ Articles
Oxfam sues over oil, mining payments to governments
NEW YORK (Reuters) - Oxfam America sued the U.S. Securities and Exchange Commission on Wednesday to try to get the SEC to force oil, gas and mining companies to disclose how much they pay to foreign governments.
Japan’s first-quarter economic rebound led by consumer spending
TOKYO (Reuters) - Japan's economy bounced back from a year-end lull in the first quarter, powering ahead of other major industrial nations thanks to rebuilding of the tsunami-battered northeast, solid private spending and some improvement in exports.
Ad execs say jury still out on Facebook as medium
NEW YORK/LONDON (Reuters) - General Motors Inc's decision to stop advertising on Facebook may be a wake-up call for the No. 1 social network, but Top advertising executives say it's far too early to know if the site will take off as an advertising platform.
Starbucks makes management changes to accelerate growth
(Reuters) - Starbucks Corp said it has made a series of management changes to speed up decision making as the world's biggest coffee chain looks to accelerate global sales.
Automakers rev up new model rollout in U.S.: study
DETROIT (Reuters) - Major automakers will launch new models through 2016 in the United States at a faster pace than in the last two decades, according to a Bank of America Merrill Lynch report.
J.C. Penney stock has worst fall ever
(Reuters) - J.C. Penney Co Inc shares plunged nearly 20 percent on Wednesday, their worst decline ever, wiping away $1.43 billion in market value a day after the retailer shocked Wall Street with a much worse-than-expected drop in sales and by scrapping its dividend.
Exclusive: ECB stops operations with some Greek banks
BERLIN/FRANKFURT (Reuters) - The European Central Bank has stopped providing liquidity to some Greek banks as they have not been successfully recapitalized, the ECB said on Wednesday, confirming news earlier reported exclusively by Reuters.
Adidas sues Big 5 over alleged sneaker knock-offs
(Reuters) - Adidas AG has sued to stop a U.S. sporting goods retailer and a skateboarding equipment maker from selling sneakers with three parallel diagonal stripes, a design it said looks too much like its own.
