Wednesday, November 25, 2015 06:22

Volkswagen says it has fix for Audi's six-cylinder diesel engines
Automaker says revision will fix issues related to emissions software installed on the luxury brand's six-cylinder diesel engines.
Google will donate every time you use Android Pay this holiday season
In a push to get more shoppers to use Android Pay and give back to those in need, Google will donate $1 from every sale.
Hilton confirms malware accessed payment info at its hotels
If you've stayed at one of Hilton's hotels in the past year, you might want to check your credit card history. The chain has confirmed a report that malware compromised its payment systems, putting your ...
Best Black Friday 2015 Apple MacBook, iMac, Mac Mini deals
Sales on Apple's computers aren't common, but there are some discounts available on Mac laptops and desktops, especially at Best Buy.
Kylo Ren as North Korean leader? Star Wars events mistaken as real
People on the street who've never seen "Star Wars" believe Emperor Palpatine, Kylo Ren and Admiral Ackbar are actual people in the latest installment of "Lie Witness News" on "Jimmy Kimmel Live."
NASA tries to rattle people in its sonic-boom room
The space agency wants to bring back supersonic jet travel over land. The first step? Finding out how much boom people on the ground can handle.
Crazy-bright 90,000-lumen LED flashlight turns night into day
Light up your life with a handheld flashlight that makes you think the sun magically came out early.
LabMD breach case more fuel for on-going-harm debate
When, and how many times, is a consumer harmed in a data breach and when does liability end for the company breached?
Vadata plans US DoD data center in Virginia
Amazon subsidiary will build cloud data center.
Playdate: 'Mario Tennis Ultra Smash' and board games with animals
Ah, Thanksgiving -- the perfect time to relax with your family and play something slow, wholesome and casual. Nintendo, it's your time to shine: join us as we check out Animal Crossing Amiibo Festival ...
Asia stocks stumble on geopolitical tensions, oil retreats
Asian stocks were on edge on Wednesday with most markets stumbling as geopolitical tensions flared after Turkey downed a Russian fighter jet, while crude oil prices eased from two-week highs. Japan's Nikkei shed 0.5 percent. Adding to investor nervousness that followed the attacks on Paris earlier this month, Turkey shot down a Russian aircraft near the Syrian border on Tuesday, saying the jet had violated its air space...
Exclusive: Shire prepares to make new bid for Baxalta - source
ZURICH/LONDON (Reuters) - Drugmaker Shire is preparing to make a new takeover offer for U.S. biotech firm Baxalta that if successful will create one of the world's leading specialists in rare diseases, a source with direct knowledge of the situation said on Tuesday. Shire's bid preparations come three weeks after it announced its $5.9 billion purchase of U.S. rare disease specialist Dyax Corp ...
U.S. GDP growth raised for third quarter
By Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy grew at a healthier clip in the third quarter than initially thought, but strong inventory accumulation by businesses could temper expectations of an acceleration in growth in the final three months of the year.     The Commerce Department on Tuesday said the nation's gross domestic product grew at a 2.1 percent annual pace, not the 1...
Nine Fed banks called for discount rate hike: minutes
The number of regional Federal Reserve banks pushing for a hike in what commercial banks are charged for emergency loans rose to nine in October, a sign the U.S. central bank may be close to tightening monetary policy, minutes from its discount rate meeting showed on Tuesday. Eight Fed banks had voted to raise the discount rate at the prior meeting in September, a jump from five in July and August...
HP Inc profit forecast misses Street on weak PC, printer sales
HP Inc, which houses former Hewlett-Packard Co's legacy printer and PC business, forecast adjusted profit for the first quarter below market expectations as it struggles with weak sales of PCs and printers. HP Inc's shares were down 7.1 percent in extended trading on Tuesday, while HPE's shares were up 2.3 percent. "Looking ahead, we expect the PC market to remain challenged for more quarters to come," HP Inc's Chief Executive Dion Weisler said on a conference call with analyst...
Fedex, TNT win U.S. approval to merge
By Diane Bartz WASHINGTON (Reuters) - Tennessee-based Fedex Corp and Dutch counterpart TNT Express have won U.S. antitrust permission to merge, according to a listing of approved deals the Federal Trade Commission issued on Tuesday. The European Union has yet to sign off on the proposed transaction, although the companies have said they received assurances that EU antitrust regulators would allow it to go forward...
Peltz's activist fund Trian to end quarterly redemptions: sources
The change comes as activist hedge funds increasingly seek more stable sources of funding that allow them to keep the pressure on companies, without fretting about the short-term demands of the funds' investors. Trian is closing its quarterly subscription for investors after Dec.1, the people said. Investors who come in after that date will instead have the option to lock up their money in one of Trian's existing one-, three- or five-year vehicles, the people added...
German prosecutors launch tax evasion probe at Volkswagen
German prosecutors have launched an investigation into suspected tax evasion in connection with cheating on emissions tests by Volkswagen , adding to the intense scrutiny of Europe's biggest carmaker. Volkswagen admitted in September that it installed software in up to 11 million diesel vehicles worldwide that vastly understated their actual emissions of smog-causing nitrogen oxides, causing the biggest business scandal in Volkswagen's 78-year history...
Roy Harvey to head Alcoa's commodities business post split
Harvey, 41, is currently the president of Alcoa's global primary products business, where he manages the operations of aluminum smelters, alumina refineries and bauxite mines. Alcoa said in September it would split into two, as shareholders sought higher returns amid a commodity slump. A global glut of aluminum has led to depressed prices, battering Alcoa's stock, which has nearly halved in one year...
U.S. consumers and stores face off over depth of holiday discounts
NEW YORK/CHICAGO (Reuters) - Target Corp's 10 percent discount on a $30.49 pair of embroidered curtains was not nearly enough to entice Valerie Jenkins, shopping in Chicago the weekend before Thanksgiving. Jenkins represents a problem for retailers going into what traditionally has been the peak shopping day of the holiday season, Black Friday. Big retailers are keeping discounts for the weekend following Thanksgiving at around the same level as last year, according to data supplied to Reuters by Market Track...
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