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Last Build Date: Tue, 26 Sep 2017 14:33:41 -0400

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Breakingviews TV: Who needs the NFL most?

Tue, 26 Sep 2017 12:39:04 -0400

Football ratings were declining well before President Trump entered the fray criticizing players kneeling for the national anthem. Jen Saba parses who in media land is most exposed.

Equifax CEO out in wake of massive data breach

Tue, 26 Sep 2017 11:41:39 -0400

Equifax Inc said on Tuesday its Chief Executive Officer Richard Smith will step down and forgo his annual bonus, a move that came weeks into a mounting crisis at the credit-monitoring firm stemming from a massive data breach.

BHP sees 2017 as "tipping point" for electric cars

Tue, 26 Sep 2017 09:44:13 -0400

This year looks set to be the "tipping point" for electric cars, according to the chief commercial officer at BHP. As Sonia Legg reports, his comments comes as Germany's Volkswagen moves to secure long-term supplies of cobalt, a vital component of rechargeable batteries, as the group accelerates its ambitious shift to electric cars.

Western Digital to block Toshiba sale

Tue, 26 Sep 2017 10:34:00 -0400

The chip maker is seeking an injunction to block the $18 billion sale of Toshiba's semiconductor business to a rival group led by Bain Capital. Fred Katayama reports on the latest twist in this corporate saga.

Oil prices surge on Turkish threat, upbeat OPEC

Tue, 26 Sep 2017 07:56:00 -0400

Brent oil prices hovered near 26-month highs, supported by Turkey's threat to cut crude exports from Iraq's Kurdistan region as well as signs that market rebalancing is accelerating. David Pollard reports.

Alibaba takes control of logistics business

Tue, 26 Sep 2017 08:52:00 -0400

Chinese e-commerce firm Alibaba Group has taken control of logistics unit Cainiao and pledged to spend $15 billion over five years to build out a global logistics network. Laura Frykberg reports.

BHP sees 2017 as "tipping point" for electric cars

Tue, 26 Sep 2017 08:57:00 -0400

This year looks set to be the "tipping point" for electric cars, according to the chief commercial officer at BHP. As Sonia Legg reports, his comments comes as Germany's Volkswagen moves to secure long-term supplies of cobalt, a vital component of rechargeable batteries, as the group accelerates its ambitious shift to electric cars.

After German election, Macron to set out his vision for Europe

Tue, 26 Sep 2017 04:54:00 -0400

French President Emmanuel Macron is due to set out plans for reforming the European Union, despite a German election result that is likely to complicate his far-reaching ambitions. Scarlett Cvitanovich-Hodge reports.

Kenyan farmers go nuts for macadamias

Tue, 26 Sep 2017 03:13:00 -0400

Kenyan farmers in the Rift Valley region are investing in high value horticultural crops as part of plans to diversify agriculture in the region. Ciara Lee reports.

Uber apologizes to London in bid to keep licence

Mon, 25 Sep 2017 14:36:35 -0400

Uber’s new boss Dara Khosrowshahi apologized to Londoners for the taxi app’s mistakes and pledged to make changes as the Silicon Valley firm tries to overturn a decision to strip it of its license in one of its major markets.

Wall Street down on tech selloff, N. Korea concern

Mon, 25 Sep 2017 17:01:52 -0400

Wall Street dipped, as a selloff in technology shares weighed heavily on the Nasdaq, while the most recent statement from North Korea's to Washington added to a cautious tone. Roselle Chen reports.

Air Berlin races to clinch Lufthansa, easyJet deal

Mon, 25 Sep 2017 13:37:00 -0400

Insolvent German airline Air Berlin hopes to conclude talks with Lufthansa and easyJet on a carve-up of its assets by the middle of next month as it races to secure jobs and keep flying. As Sonia Legg reports, Air Berlin, which has around 8,000 employees, filed for insolvency in August after major shareholder Etihad said it would stop providing funding.

Target raises minimum hourly wage

Mon, 25 Sep 2017 12:27:02 -0400

Target said it will increase its minimum hourly wage this year by a dollar, to $11, and raise it to $15 an hour by the end of 2020. Conway Gittens reports.

Chevron to invest $4 bln to boost output

Mon, 25 Sep 2017 12:45:07 -0400

Oil giant Chevron will invest around $4 billion next year to ramp up its crude production in the Permian Basin area of the United States. Conway Gittens reports.

French unions inflamed over Macron reforms

Mon, 25 Sep 2017 11:50:00 -0400

French trade unionists blocked access to several fuel depots in protest against an overhaul of employment laws, seeking to test the government's will to reform the economy. Laura Frykberg reports.

Breakingviews TV: Facebook rattles investors

Mon, 25 Sep 2017 12:41:30 -0400

Jen Saba and Rob Cox discuss why the social network took a dive amid increased scrutiny of its business and withdrawal of a plan to create zero-class stock.

Why Japan's Abe has announced a snap election

Mon, 25 Sep 2017 10:45:00 -0400

Japanese Prime Minister Shinzo Abe has said he will dissolve parliament's lower house on Thursday for a snap election. As Sonia Legg reports, he's seeking a mandate to stick to his tough stance towards a volatile North Korea and rebalance the social security system.

Unilever to buy Carver Korea for $2.7 bln

Mon, 25 Sep 2017 07:34:00 -0400

Unilever has agreed to buy cosmetics firm Carver Korea for 2.27 billion euros ($2.7 billion), as it expands its beauty and personal care business around the world. Sonia Legg reports

Markets wobble with election uncertainty

Mon, 25 Sep 2017 07:29:00 -0400

The single currency and European stocks slip after the bloc's most powerful leader German Chancellor Angela Merkel wins a fourth term but faces a fractured parliament as support for the far-right surges. As Laura Frykberg reports, to compound the problem a survey showed German business confidence also deteriorated unexpectedly in the weeks before the federal election.

Uber looks to Londoners after city strips license

Fri, 22 Sep 2017 18:45:41 -0400

London's transport regulator on Friday stripped Uber of its license, and hours later Uber's CEO called on the city's residents to help make things right.

London strips Uber of license

Fri, 22 Sep 2017 18:17:00 -0400

Uber says it'll appeal the decision by regulators. One analyst tells Fred Katayama the ride sharing company will likely overcome this hurdle.

Apple's iPhone 8 lukewarm launch in New York

Fri, 22 Sep 2017 16:26:27 -0400

Apple's launch of iPhone 8 kicked off in a less lively mood in New York, versus previous debuts, as fans held out for the premium iPhone X due out in early November. Fred Katayama reports.

T-Mobile, Sprint close to a deal

Fri, 22 Sep 2017 15:50:37 -0400

T-Mobile US is close to agreeinging on tentative terms on a deal to merge with Sprint, sources told Reuters. Fred Katayama reports.

Breakingviews TV: Sprint finish?

Fri, 22 Sep 2017 13:04:00 -0400

Rob Cyran and Richard Beales discuss the latest signs of a possible merger of T-Mobile US and Sprint, the third and fourth largest U.S. cellphone carriers, and what may – and may not – have changed since previous attempts.

Hackers possibly traded on data from SEC

Thu, 21 Sep 2017 15:59:36 -0400

Hackers accessed the Securities and Exchange Commission's database and may have illegally profited by trading on the stolen information. Fred Katayama reports.