FBI Investigates Ford Engineer After Listening Devices Found
"Ford and the FBI are working together on a joint investigation involving a former employee," Ford spokeswoman Susan Krusel said. "As this is an ongoing investigation, we are not able to provide additional details."
Citigroup Unit To Pay $5 Million To Settle SEC Charges
The Securities and Exchange Commission said the unit, LavaFlow Inc., is settling the civil case without admitting or denying the charges.
White House Aide Says Republicans Might Try For Obama Impeachment
Dan Pfeiffer, one of Obama's longest-serving advisers, told reporters that the executive actions Obama will approve at the end of the summer aimed at tackling illegal immigration will likely generate ire from Republicans who have blocked comprehensive immigration legislation.
Argentina Plans Default, Creditors Say
Argentina default seen as imminent, NML says.
India Blocks WTO Deal On Customs Rules As Deadline Nears
Diplomats from the 160 WTO member countries were supposed to rubber stamp a deal on "trade facilitation."
BSkyB To Pay $8B To Create Sky Europe
21st Century Fox is expected to use the proceeds from its partial exit from Europe to fuel its pursuit in the United States of Time Warner.
IMF Cuts Global Growth Outlook; India Avoids Ratings Downgrade
The IMF warned that richer nations in particular faced the risk of economic stagnation unless they took steps to foster sustainable growth.
Argentine Debt Mediator Says Time Running Short For Deal
"The issues separating the parties remain unresolved at this time. The time for the Republic to avoid default (July 30) is short," mediator Daniel Pollack said.
GM Takes $874 Million Recall-Related Charge, Driving Down Profits
GM sees cost of at least $400 million for its victims' compensation fund for those killed or injured by a defective ignition switch.
Ford Profit Beats Expectations, Sets Record For North America
Ford set a record for operating profit in North America.
Taiwan Says Weather Not Seen As Cause Of Plane crash That Killed 48
The plane, a 70-seat ATR 72, crashed near the runway while trying to land on the small island of Penghu, west of Taiwan island.
China July HSBC Flash PMI At 18-Month High
It was the highest reading since January 2013, but some analysts say the recovery appears patchy, and more stimulus may be needed.
Sterling Marriage 'Stress' At Issue as LA Clippers Trial Nears End
Sterling's bid to block the $2 billion sale of the Clippers in a probate trial reached its final stretch when his attorneys sought to prove his estranged wife improperly seized control of the franchise.
AT&T's New Device Financing Plan Weighs On Revenue
Faced with mounting pressure from competitors, AT&T has unbundled service and device charges, and slashed its family data plan and shared value plan prices as it tries to attract customers in a nearly saturated market.
AT&T, Chernin Group Close To Buying Majority Slice Of YouTube Network Fullscreen: Report
AT&T Inc and the Chernin Group are close to buying a majority slice of Fullscreen, in a deal that will value the popular YouTube video network at $200 million to $300 million, said tech blog Re/code, citing sources familiar with the target company.
Lab Director Behind Anthrax Mishap Resigns: CDC
The director of U.S. bioterror lab that potentially exposed many workers to live anthrax resigned, the CDC said on Wednesday, according to Reuters in an exclusive report.
South Korea Ferry Fugitive Hid In Cabin Wall, Suitcases Of Cash At Hand
The cabin is on the outskirts of Suncheon, in the south of the country, about two km from the plum orchard where his corpse was found.
Five Held In China Food Scandal Probe, Including Head Of Shanghai Husi Food
McDonald's, Yum Brands and other global brands pulled products from their outlets after Shanghai Husi supplied expired meat in China and Japan.
Indonesian President-Elect Jokowi Calls For Unity After Bitter Election
It was the closest and most bitterly fought election in Indonesia's history, pitting Joko "Jokowi" Widodo against former general Prabowo Subianto.
Microsoft Revenue Rises, Profit Falls As Nokia Absorbed
Shares of the world's largest software company, which hit 14-year highs this week, were flat in after-hours trading.
Putin Says He Will Use Influence On Ukraine Rebels, Denounces West
President Vladimir Putin said on Tuesday Russia would try to ensure Ukrainian separatists cooperate with an investigation into the downing of a Malaysian airliner, but said the West must do more to persuade Kiev to end hostilities.
Appeals Court Throws Out IRS Rule On Obamacare Subsidies
A U.S. appeals court on Tuesday threw out a federal regulation that implements key subsidies that are vital to President Barack Obama's healthcare overhaul. The U.S. Court of Appeals for the District of Columbia Circuit accepted one of the main legal challenges to the policy by conservatives opposed to an expansion of the federal government.
Sterling, Ballmer Discuss Possible Clippers Deal: Source
The Los Angeles Clippers continue to be embroiled in a ownership saga.
China Food Scandal Spreads, Drags In Starbucks, Burger King And McNuggets In Japan
A Tokyo-based spokesman for McDonald's in Japan said the company had sourced about a fifth of its Chicken McNuggets from Shanghai Husi.
Sterling, Ballmer Discuss Possible Clippers Deal: Reuters
Sterling and his wife, Shelly Sterling, are locked in a court battle over whether Sterling has legal standing to block the NBA-record sale to Ballmer.
Time Warner Moves To Bar Shareholders From Calling Meetings
Fox made an offer for Time Warner for about $80 billion or about $85 per share in a mix of stock and cash that Time Warner rebuffed, both companies disclosed last week.
Argentina Asks US Judge To Put Debt Payment Order On Hold
Ahead of a July 30 deadline to reach a deal or face a new default, Argentina filed papers asking a New York federal judge to stay a ruling that it pay the holdout investors $1.33 billion plus interest.
Nigeria Boko Haram Attack Causes Over 15,000 To Flee
Nigerian government spokesman appeared to deny Boko Haram had taken over Damboa.
10 Killed In Air Strike North Of Baghdad
The attack targeted the town of Hawija, which is controlled by Sunni Muslim insurgents from the Islamic State and other groups opposed to Iraq's Shi'ite-led government.
Barclays' Dark Pool Trading Volume Falls After Lawsuit
Volume in Barclays' "dark pool" electronic trading venue has slumped by 79 percent in the days after New York Attorney General Eric Schneiderman filed a lawsuit against the bank, data showed on Monday.