Google may take on Amazon with 'Buy Now' button
The search giant is reportedly talking to retailers about new shopping features. Also, Google adds voice controls to the Nest thermostat and reveals the top trending search terms of 2014.>
Obama vows U.S. response to North Korea over Sony cyber attack
By Steve Holland and Matt Spetalnick WASHINGTON (Reuters) - President Barack Obama vowed on Friday to respond to a devastating cyber attack on Sony Pictures that he blamed on North Korea, and scolded the Hollywood studio for caving in to what he described as a foreign dictator imposing censorship in America. Obama said the cyber attack caused a lot of damage to Sony but that the company should not have let itself be intimidated into halting the public release of "The Interview," a lampoon portraying the assassination of North Korean leader Kim Jong Un...
Exclusive: GM develops contingency plans in case Takata recalls widen
By Ben Klayman DETROIT (Reuters) - General Motors Co has developed contingency plans in case recalls of potentially lethal Takata-made air bag inflators widens, forcing the U.S. automaker to repair millions of vehicles, the company said on Friday. More than 21 million vehicles have been recalled globally by numerous automakers since 2008 because of defective Takata Corp inflators that could rupture and shoot metal shards into the vehicle and have been linked to at least five deaths...
Three air-bag accidents at Boeing plant lead to extra safety measures
SEATTLE (Reuters) - Workers at planemaker Boeing's Everett plant near Seattle are following extra safety measures after three air bag-related accidents, including the death of a technician last month, the company said on Friday. No one was seriously hurt when an air bag deployed on Dec. 13 as a seat supplier technician was working on a Zodiac Aerospace seat on a plane being readied for delivery, Boeing spokesman Wilson Chow said...
Former Chrysler Group expands Takata driver-side air bag recall globally
DETROIT (Reuters) - FCA US , the former Chrysler Group, on Friday expanded a U.S. regional recall of older cars with potentially defective driver-side Takata air bags to a global action, affecting more than 3.3 million vehicles. FCA was one of five automakers asked by U.S. regulator National Highway Traffic Safety Administration last month to expand a recall of such vehicles beyond a limited area with high humidity...
Oil, stocks go their separate ways
NEW YORK (Reuters) - Investors have wrung their hands over the last several weeks over the effect of lower oil prices on the broader S&P 500, but the relationship between the two is actually starting to break down.
EU widens trade row with new Boeing subsidy claim
GENEVA (Reuters) - The European Union opened a new front in a decade-old dispute over aircraft subsidies on Friday, launching a complaint at the World Trade Organization alleging illegal tax breaks in Boeing's home state of Washington.
Russia's parliament rushes through bill boosting banking capital
By Elena Fabrichnaya and Alexander Winning MOSCOW (Reuters) - Russia's lower house of parliament hastily approved a draft law on Friday that would give the banking sector a capital boost of up to 1 trillion rubles ($16.5 billion). Russia's financial sector is reeling from the economy's slide towards recession, a plunge in the value of the rouble, and Western sanctions over the Ukraine crisis, which have restricted banks' access to international capital markets, sharply raising their funding costs...
U.S. labor agency files complaints against McDonald's
By Daniel Wiessner (Reuters) - McDonald's Corp and some of its franchisees were named jointly in complaints filed on Friday by the U.S. National Labor Relations Board's Office of the General Counsel, accusing them of labor violations in a widely anticipated move that could have wide-reaching implications for businesses. Complaints were filed in 78 cases claiming that McDonald's workers across the country were fired or intimidated for participating in union organizing and in a national protest movement calling for higher wages...
General strike shuts down services across Greece
ATHENS, Greece (AP) — Services across Greece shut down Wednesday as unions staged a 24-hour general strike and held peaceful demonstrations to protest further austerity cuts in the cash-strapped country.
US stocks edge higher in afternoon trading
Stocks were on track to finish higher Thursday afternoon for the second day in a row as investors drew encouragement from reports on Chinese manufacturing, U.S. home sales and some positive earnings from Best Buy, Dollar Tree and other retailers.
US stocks edge higher in midday trading
Major stock indexes shifted higher in midday trading Thursday, getting a lift from an encouraging report on Chinese manufacturing and some positive earnings from Best Buy, Dollar Tree and other retailers. The market also got a boost from data showing modest improvement in sales of previously occupied homes.