Glencore says Iran metals swap deals did not violate sanctions
By Louis Charbonneau UNITED NATIONS (Reuters) - Swiss-based commodities giant Glencore Xstrata said on Thursday that it had done no...
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Large U.S. retailers sue Visa, MasterCard over card fees
(Reuters) - A group of U.S. retailers including Macy's Inc and Target Corp sued Visa Inc and MasterCard Inc on Thursday, breakin...
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Former Chrysler, Fisker CEO launches venture fund with Penske
By Deepa Seetharaman DETROIT (Reuters) - Tom LaSorda, the former chief executive of Chrysler Group LLC and Fisker Automotive, is lau...
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Forest Labs' longtime CEO Solomon to step down at year-end
(Reuters) - Forest Laboratories Inc said Howard Solomon, its chief executive of more than 35 years, will retire at the end of this ...
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New car sales seen up 6-8 percent in May: analysts
DETROIT (Reuters) - Auto sales in May are expected to rise 6 percent to 8 percent and the annual sales pace should rebound back abov...
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Ally to pay $2.1 billion to settle ResCap litigation
By Tom Hals (Reuters) - Ally Financial Inc agreed to pay $2.1 billion to Residential Capital LLC to settle claims that it stripped t...
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Tesco will not pay executive bonuses without rise in profits
LONDON (Reuters) - Tesco executives will not receive a bonus in the current financial year unless they can reverse a decline in pro...
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New home sales rise, prices surge to record highs
(Reuters) - Sales of new single-family homes rose 2.3 percent in April, and prices climbed to record high levels, offering strong pr...
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JPMorgan appoints new consumer bank head
(Reuters) - JPMorgan Chase said it has appointed Barry Sommers as chief executive of its consumer bank, which includes its wealth m...
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Apple enjoyed Irish tax holiday from the start
By Poornima Gupta and Padraic Halpin SAN FRANCISCO/DUBLIN (Reuters) - Apple has operated almost tax-free in Ireland since 1980, welc...
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