Reuters Business News:
Mexico, U.S. draw closer to finalizing USMCA: source
12/7/2019 4:44 PM
U.S. and Mexican negotiators are "very close" to finalizing the United States-Mexico-Canada Agreement, a Washington-based source familiar with the talks said on Saturday, after a top Mexico official said the two sides had made progress on the trade deal. Read More
Amazon CEO says wants to work more with Pentagon
12/7/2019 12:59 PM Inc founder Jeff Bezos said it would support the U.S. Department of Defense as technology companies vie for more defense contracts and the Pentagon seeks to modernize itself. ...Read More
Proxy adviser ISS opposes plan by Hudson"s Bay chairman to take firm private
12/7/2019 10:59 AM
Institutional Shareholder Services said on Friday it recommends shareholders vote against a plan by the chairman of Hudson"s Bay Co to take the Saks Fifth Avenue owner private after the bid was topped by an offer from Catalyst Capital Group Inc. Read More
Ericsson to pay over $1 billion to resolve U.S. corruption probes
12/7/2019 10:49 AM
Swedish mobile telecoms company Ericsson has agreed to pay over $1 billion to resolve probes into corruption, including the bribing of government officials, the U.S. Department of Justice said on Friday. ...Read More
Fiat appeals to Europe"s top court against $33 million EU tax order
12/7/2019 10:46 AM
Carmaker Fiat Chrysler has lodged an appeal with Europe"s top court against an EU order to pay 30 million euros ($33 million) in Luxembourg back-taxes, seeking to overturn a lower tribunal ruling backing EU antitrust regulators. Read More
Tesla boss Elon Musk wins defamation trial over his "pedo guy" tweet
12/7/2019 9:02 AM
Tesla Inc boss Elon Musk emerged victorious on Friday from a closely watched defamation trial as a federal court jury swiftly rejected the $190 million claim brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter. Read More
Musk"s defamation win may reset legal landscape for social media
12/7/2019 9:02 AM
((This December 6 story is refiled to fix typo in quote in paragraph nine)) ...Read More
Mexico says "good progress" on trade deal although work remains
12/7/2019 3:18 AM
Negotiators working to close a new North American trade deal have made "good progress" but many elements are not yet resolved, Mexico"s deputy foreign minister said on Friday. ...Read More
Mexico official lauds progress on trade deal but says work remains
12/7/2019 3:18 AM
Mexico"s deputy foreign minister for North America, Jesus Seade, said on Friday that negotiators made "good progress" to close the United States-Mexico-Canada Agreement (USMCA) trade deal, but many elements remained to be resolved. Read More
Bankrupt PG&E reaches $13.5 billion settlement with California wildfire victims
12/7/2019 2:10 AM
California"s bankrupt power producer PG&E Corp said on Friday it had reached a $13.5 billion settlement with victims of some of most devastating wildfires in the state"s modern history. ...Read More

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