Exxon, Microsoft strike cloud computing agreement for U.S. shale

(Reuters) - Exxon Mobil Corp and Microsoft Corp have agreed to use cloud technology in the U.S. oil producer’s shale operations, they said on...

Ford probing possible problems with fuel economy, emissions tests

The issues involving Ford’s testing processes do not involve the use of so-called defeat devices - hardware and software designed deliberately to deceive government...

GM extends production at Detroit factory until early 2020

(Reuters) - General Motors Co said on Friday it had extended the production at its Detroit Hamtramck plant until January 2020, against an earlier...

Madoff customer payout tops $12 billion

NEW YORK (Reuters) - The court-appointed trustee liquidating Bernard Madoff’s firm said he began distributing $464 million to the imprisoned swindler’s former customers on...

UBS sticks to dividend, capital return plans after French verdict

A French court on Wednesday found the Swiss bank guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to...

A Fed pivot, born of volatility, missteps, and new economic reality

As the Fed’s January meeting minutes showed, not all officials have sworn off further rate increases and some noted that a possible turn for...

Trump says he expects to meet China's Xi soon on trade

WASHINGTON (Reuters) - U.S. President Donald Trump said on Friday that if he sees progress being made in trade talks with China, he may...

UBS ignored whistleblower warnings in French tax case: judgment

The hefty sanction — a 3.7 billion euro fine and 800 million euros in damages — has stunned the European banking world and raised...

U.S. judge will not block Amazon-Berkshire-JPMorgan health venture's new hire

The decision by U.S. District Judge Mark Wolf in Boston came in a lawsuit closely watched in the industry for clues about the future...

Kraft Heinz' problems shine light on controversial budget tool

Shares of Kraft Heinz fell 27 percent on Friday to their lowest level since the 2015 merger of the eponymous cheese and ketchup makers...

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A Fed pivot, birthed of volatility, mistakes, together with new monetary reality

As the Fed's January workshop minutes subjected, not all authorities have in fact forgoed a large amount a lot more improve along with additionally...

Trump specifies he prepares by yourself for to please China'& & & & &...

WASHINGTON (Reuters) - U.S. President Donald Trump specified on Friday that if he sees advancement being made in line of job talks with China,...

UBS neglected whistleblower recommends in French tax responsibility devotion problems: judgment

The considerable consent-- a 3.7 billion euro cost along with moreover 800 million euros in troubles-- has in truth shocked the European economic world...