To read an article, you are linked to the provider’s site. If you wish to open the link in a new window, hold SHIFT key (Internet Explorer, Opera) or CTRL key (Netscape, Firefox) down and click on the link.
- Pound quivers near three-month low, stocks weak before May's Brexit stance speech
By Shinichi Saoshiro TOKYO (Reuters) - The pound hovered near three-month lows versus the dollar on Tuesday and stocks were mostly weaker as investors waited for British Prime Minister Theresa May to lay out plans to exit the European Union amid fears Britain will lose access to the single market. Speadbetters forecast a slightly lower open for Britain's FTSE , Germany's DAX and France's CAC . According to her office, May will say in a speech later in the day that Britain will not seek a Brexit deal that leaves it "half in, half out" of the EU.
- Bankrupt U.S. retailer American Apparel starts layoffs
American Apparel LLC said it had started to lay off staff on Monday, after Canadian apparel maker Gildan Activewear Inc withdrew its initial plan to acquire some of the bankrupt U.S. fashion retailer's manufacturing operations. Gildan won the rights to American Apparel's brand with an $88 million bid in a bankruptcy auction last week. It had previously indicated it would assume some of its manufacturing operations, which had made the brand synonymous with "Made in the U.S.A." American Apparel spokeswoman Arielle Patrick said the company was laying off about 2,400 workers in Southern California.
- Trump calls corporate tax border adjustment 'too complicated': WSJ
(Reuters) - U.S. President-elect Donald Trump says the border adjustment provision, a feature of House Republicans' corporate-tax plan, is "too complicated", the Wall Street Journal reported on Monday. "Anytime I hear border adjustment, I don't love it", Trump told the newspaper in an interview conducted on Friday. http://on.wsj.com/2jiAaqj The border adjustment measure is part of U.S. House of Representatives Speaker Paul Ryan's "Better Way" tax reform blueprint, which was discussed with top members of the transition team during a meeting on Capitol Hill on Monday. ...
- Wilbur Ross, Trump's Commerce pick, offshored 2,700 jobs since 2004
By Andy Sullivan WASHINGTON (Reuters) - Billionaire Wilbur Ross, chosen by Donald Trump to help implement the president-elect's trade agenda, earned his fortune in part by running businesses that have offshored thousands of U.S. jobs, according to Labor Department data attained by Reuters. As a high-stakes investor a decade ago, Ross specialized in turning around troubled manufacturing companies at a time when the U.S. economy was losing more than 100,000 jobs yearly due to global trade. Supporters say Ross saved thousands of U.S. jobs by rescuing firms from failure.
- Luxottica and Essilor in 46 billion euro merger to create eyewear giant
By Valentina Za and Sudip Kar-Gupta MILAN/PARIS (Reuters) - Italy's Luxottica and France's Essilor have agreed a 46 billion euro ($49 billion) merger to create a global eyewear powerhouse with annual revenue of more than 15 billion euros. The all-share deal is one of Europe's largest cross-border tie-ups and brings together Luxottica, the world's top spectacles maker with brands such as Ray-Ban and Oakley, with leading lens manufacturer Essilor. "Finally ... two products which are naturally complementary -- namely frames and lenses -- will be designed, manufactured and distributed under the same roof," Luxottica's 81-year-old founder Leonardo Del Vecchio said in a statement on Monday.
- Oil prices mixed on Saudi commitment to cut output, investor scepticism
By Henning Gloystein SINGAPORE (Reuters) - Oil markets were mixed on Tuesday, supported by growth in U.S. crude production and Saudi Arabia saying it would strictly adhere to a commitment to cut output, but held back by scepticism in financial markets that oversupply would be curbed. U.S. West Texas Intermediate (WTI) crude oil futures were trading up 2 cents at $52.39 per barrel at 0540 GMT. Brent crude futures, the international benchmark for oil prices, were down 19 cents at $55.67 a barrel.
- Honda says Takata airbag ruptured in Japan, caused minor injury
Honda Motor Co said on Tuesday that an air bag made by Takata Corp had ruptured in one of its cars in Japan, resulting in a minor injury to the car's driver. Honda said that the rupture occurred in the passenger-side air bag of one of its Fit compact multi-purpose vehicles late last month. The airbag inflated with excessive force, spraying shrapnel into the car and causing light burns to the driver's leg.
- VW charges in U.S. breach German constitution, says defendant's lawyer
A lawyer for one of the Volkswagen executives charged last week by U.S. prosecutors over the company's diesel emissions scandal said the way they handled the legal process would have been unconstitutional under German law. "We learned of the indictment from a live press conference," Hamburg-based lawyer Annette Voges said on Monday, adding that the Department of Justice (DOJ) had neither contacted former VW brand development chief Heinz-Jakob Neusser before charging him, nor granted her access to the files. Neusser remains in Germany, where prosecutors have to grant a defendant a chance to give their side of the story before an indictment, unlike in the United States.
- Buffett's Berkshire Hathaway wins reinsurance licence in Malaysia
- General Motors to announce $1 billion in U.S. investment
General Motors Co will announce as early as Tuesday long-held plans to invest about $1 billion in its U.S. factories, following recent criticism of the company by President-elect Donald Trump, a person briefed on the matter told Reuters late on Monday. The largest U.S. automaker is making the decision for business and not political reasons, said the person, who asked not to be identified. The investment will help GM create or retain more than 1,000 jobs, while the automaker also plans to tout other efforts to boost U.S. employment, including adding engineers, the person added.
- New Raspberry Pi board: Compute Module 3 means you'll see Pi in more products
- Video: Top 5 ways self-driving cars will change our lives
- How to view and edit Word documents from Google Drive with ease
- Coding school graduates: Are they worth hiring?
- How to fix the slow apt-get update issue on Linux machines
- 3 iOS apps for learning to code in bite-size lessons
- The benefits of using Windows 10 on a 34-inch ultrawide monitor
- Hackers steal 900 GB of data from phone hacking company Cellebrite
- Windows 10: Explore the new Start menu and other changes in the Creators Update
- Carnegie Mellon receives more than $250 million from DoD and partners to launch robotics initiative
- MDT: How to automate deployments using CustomSettings.ini
- 4 Windows Hello devices that will change the way you log into your PC
- Poll: Do you use a password manager?
- 10 Amazon Alexa skills to add to your Echo today
- 6 steps to network your way to a better job
- Amazon Alexa: The smart person's guide
- Trump taps Rudy Giuliani to help with cybersecurity efforts
- Tech skills shortage: Amazon trains veterans to fill the gap
- Interview with a hacker: Kapustkiy from New World Hackers
- US Department of Transportation establishes new federal automation committee
- Las Vegas launches driverless shuttle bus test run on public roads
- IBM Watson, FDA to use blockchain tech to build secure exchange for health data
- Top 10 CXO trends to watch in 2017
- How Credit Karma uses Akka to manage big data at scale
- More than 96% of Samsung Galaxy Note7 phones returned, FAA drops pre-flight speech
- How to insert an image into a LibreOffice Base database
- 5 apps to keep your Android device running smoothly
- How to create and use templates in Google Inbox
- Why the age of connected cars presents a 'very real threat' in cybersecurity
- Build an effective cyberattack recovery playbook by following this NIST guide