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businesstodaypw-blog · 8 years ago
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Mobileye says it warned Tesla against enabling 'hands-free' driving
By Eric Auchard | FRANKFURT
FRANKFURT Mobileye NV said in a U.S. securities filing on Friday that its top executives were assured by Tesla Motors Inc Chief Executive Elon Musk that drivers of the company’s electric cars would not be allowed to take their hands off the wheel when using the “Autopilot” driving assistance system, but Tesla later allowed hands-free…
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businesstodaypw-blog · 8 years ago
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Exxon probe faces uphill climb amid ambiguous accounting rules
Exxon probe faces uphill climb amid ambiguous accounting rules
By Dena Aubin and Karen Freifeld | NEW YORK
NEW YORK New York Attorney General Eric Schneiderman faces an uphill climb in building a case against Exxon Mobil Corp for not writing down assets amid the oil-price slump because of the broad leeway that energy companies have enjoyed reporting under U.S. rules, accounting experts said.
Schneiderman is investigating…
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businesstodaypw-blog · 8 years ago
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Twitter grabs average 243,000 viewers in NFL livestream debut
Twitter grabs average 243,000 viewers in NFL livestream debut
By Amy Tennery and Jessica Toonkel | NEW YORK
NEW YORK Twitter Inc attracted an average of 243,000 viewers to Thursday’s National Football League livestream of the New York Jets triumph over the Buffalo Bills, the first time the social media platform has broadcast an NFL game.
The event drew mostly praise from Twitter users and media experts have said the NFL…
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businesstodaypw-blog · 8 years ago
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BRIEF-Manitok Energy announces filing of preliminary base shelf prospectus, issuance of stock options
BRIEF-Manitok Energy announces filing of preliminary base shelf prospectus, issuance of stock options
Announces filing of a preliminary base shelf prospectus and issuance of stock options
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businesstodaypw-blog · 8 years ago
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DIARY-Top Economic Events to Sept. 28
DIARY-Top Economic Events to Sept. 28
Sept 17 (Reuters) –
For other diaries, please see:
U.S. Federal Reserve
Polling unit diary
Today in Washington
Political and general news
** This Diary is filed daily ** ————————————————————-
TUESDAY, SEPTEMBER 20 WASHINGTON – U.S. Federal Reserve’s two-day Federal Open Market Committee (FOMC) meeting on interest rates kicks off. NEW YORK – Spain’s…
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businesstodaypw-blog · 8 years ago
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ITT Educational Services files for bankruptcy to start liquidation
ITT Educational Services files for bankruptcy to start liquidation
By Jim Christie | SAN FRANCISCO
SAN FRANCISCO ITT Educational Services Inc filed for bankruptcy on Friday to liquidate its business after the U.S. government restricted financial aid to new students of the U.S. for-profit college operator.
The filing follows ITT’s decision earlier this month to shut its 137 technical college campuses in 39 states, a move…
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businesstodaypw-blog · 8 years ago
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Brazil listed homebuilder Viver files for bankruptcy protection
Brazil listed homebuilder Viver files for bankruptcy protection
By Guillermo Parra-Bernal and Aluísio Alves | SAO PAULO, Sept 16
SAO PAULO, Sept 16 Viver Incorporadora & Construtora SA filed for bankruptcy protection on Friday, becoming the first listed Brazilian homebuilder ever to seek an in-court reorganization amid a harsh recession, tough refinancing conditions and slumping home prices.
In a securities filing, Viver said…
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businesstodaypw-blog · 8 years ago
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UPDATE 1-Florida man sues Samsung, says Galaxy Note 7 exploded
UPDATE 1-Florida man sues Samsung, says Galaxy Note 7 exploded
Samsung Electronics Co (005930.KS) was sued on Friday by a Florida man who said he suffered severe burns after his Galaxy Note 7 smartphone exploded in his front pants pocket.
The lawsuit by Jonathan Strobel may be the first in the United States by a Samsung phone user against the South Korean company over a battery defect linked to the Note 7.
It was filed one day after Samsung recalled…
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businesstodaypw-blog · 8 years ago
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DIARY-Emerging Markets Economic Events to Sept. 27
DIARY-Emerging Markets Economic Events to Sept. 27
Sept 17 (Reuters) –
For other diaries, please see:
Top economic events
Government debt auctions
Political and general news events
Guide to economic indicators
** This diary is filed daily ** —————————————————————-
MONDAY, SEPTEMBER 19 ABUJA – Central bank of Nigeria monetary policy meeting (to Sept. 20)
TUESDAY, SEPTEMBER 20 BUENOS AIRES, Argentina – Sweden’s Riksbank…
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businesstodaypw-blog · 8 years ago
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UPDATE 5-Sticker shock seen for U.S. motorists after key pipeline break
UPDATE 5-Sticker shock seen for U.S. motorists after key pipeline break
By Devika Krishna Kumar | NEW YORK
NEW YORK Colonial Pipeline Co aims to restart a key U.S. gasoline line by Thursday after delays to repair a leak boosted fuel prices, but analysts expect some motorists to feel the sticker shock for longer.
Colonial, the largest U.S. refined products pipeline system, last Friday shut its main gasoline and distillate lines that…
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businesstodaypw-blog · 8 years ago
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UPDATE 1-Wells Fargo faces proposed class action over bogus accounts
UPDATE 1-Wells Fargo faces proposed class action over bogus accounts
By Karen Freifeld | NEW YORK
NEW YORK Wells Fargo & Co (WFC.N), embroiled in a scandal over the opening of sham accounts, was sued on Friday by customers who accused the bank of fraud and recklessness for its behavior.
The lawsuit was filed in the U.S. District Court in Utah, and seeks class-action status on behalf of hundreds of thousands of customers nationwide.
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businesstodaypw-blog · 8 years ago
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BRIEF-U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration issues order requiring Colonial Pipeline Co to take corrective actions following recent failure on Line #1 -statement
BRIEF-U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration issues order requiring Colonial Pipeline Co to take corrective actions following recent failure on Line #1 -statement
CANADA FX DEBT-C$ weakens to 7-week low as oil falls (Adds analyst quotes and details on CFTC data, U.S. election and Mexican peso, updates prices) * Canadian dollar closes at C$1.3214, or 75.68 U.S. cents * Loonie touches its weakest since July 27 at C$1.3248 * Bond prices mixed across flatter yield curve
By Fergal Smith TORONTO, Sept 16…
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businesstodaypw-blog · 8 years ago
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BRIEF-Black Diamond reports retirement of senior executive Reuters is the news and media division of Thomson Reuters. Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Learn more about Thomson Reuters products:
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businesstodaypw-blog · 8 years ago
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UPDATE 1-Venezuela's PDVSA says new 2020 bond to have 8.5 pct coupon
UPDATE 1-Venezuela's PDVSA says new 2020 bond to have 8.5 pct coupon
(Adds details from statement)
CARACAS, Sept 16 Venezuela’s state oil company PDVSA said a new 2020 bond being offered from Friday in a voluntary swap for debt maturing next year would carry a coupon of 8.5 percent.
“Holders of eligible bonds, maturing in April and November of 2017, will have 20 days to exercise their option to participate in this excellent investment opportunity,” the company…
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businesstodaypw-blog · 8 years ago
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Brazil's BM&FBovespa taps Andrade as head of products, clients
Brazil's BM&FBovespa taps Andrade as head of products, clients
SAO PAULO, Sept 16 BM&FBovespa SA, Brazil’s sole financial exchange, has tapped Jose Ribeiro de Andrade as senior vice president for products and clients.
In a securities filing on Friday, BM&FBovespa said Andrade, currently head of Latin America fixed income and currency at bank of America Merrill Lynch, will take office only after the termination of his current contract.
It…
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businesstodaypw-blog · 8 years ago
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BRIEF-Genco:Units enter additional agreements
BRIEF-Genco:Units enter additional agreements
Deadline for approval by China Export & Credit Insurance Corp of maximum leverage ratio covenant waivers was eliminated
Source text – http://bit.ly/2ck6eYX Further company coverage:
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businesstodaypw-blog · 8 years ago
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BRIEF-Union pacific reports pricing terms of exchange offers
BRIEF-Union pacific reports pricing terms of exchange offers
CANADA FX DEBT-C$ weakens to 7-week low as oil falls (Adds analyst quotes and details on CFTC data, U.S. election and Mexican peso, updates prices) * Canadian dollar closes at C$1.3214, or 75.68 U.S. cents * Loonie touches its weakest since July 27 at C$1.3248 * Bond prices mixed across flatter yield curve
By Fergal Smith TORONTO, Sept 16…
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