(Reuters) – General Motors Co said it would ask a U.S. court to bar lawsuits related to actions before its 2009 bankruptcy, signaling a tougher stance toward legal claims stemming from its recent recall over faulty ignition switches.
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GM to seek court protection against ignition lawsuits
(Reuters) – Bank of America Corp’s financial crisis hangover is lasting longer than expected, leading some investors to wonder if the massive litigation expenses being incurred have become a recurring cost of doing business instead of being dismissed as one-time items.
(Reuters) – Fiat Chrysler Automobiles will announce an agreement by the end of April to allow production of Jeep models in China, the head of the Jeep brand, Mike Manley, said on Wednesday.
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Jeep exec says will have deal for China production by end April
(Reuters) – IBM Corp reported its lowest quarterly revenue in five years on Wednesday as the company struggles with falling demand for its storage and server products.
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IBM’s quarterly revenue sinks to 5-year low as hardware sales fall
NEW YORK (Reuters) – Stocks rose 1 percent on Wednesday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank’s commitment to keeping interest rates low and Yahoo rallied.
NEW YORK (Reuters) – Citigroup Inc , which aspires “to become the world’s digital bank”, will not webcast its annual meeting next week in St. Louis.
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Citigroup shuns digital webcast for its shareholder meeting
(Reuters) – American Express Co’s quarterly profit beat analysts’ average estimate as a tighter control on expenses helped make up for slower growth in consumer spending in its key U.S. market.
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Leash on expenses helps AmEx counter muted user spending
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GrubHub Agrees to Help Cut Down on Tip Pilfering
WASHINGTON (Reuters) – The biggest U.S. business lobbying group is warning the nation’s employers that labor relations could be reshaped by non-union labor groups that are backing high-profile efforts to raise wages and mandate paid sick leave.
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U.S. Chamber says non-union groups could reshape labor relations
He must consider everything from too-little evidence to potential collateral damage to big U.S. companies
Five Reasons Obama Won’t Push Russia Sanctions—Yet
He's trying to “improve his résumé,” says his lawyer
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Danny Kuo Wants His MBA Diploma Before His Insider-Trading Sentence
BEIJING (Reuters) – Japanese carmaker Nissan Motor Co is going for a facelift to stand out from the crowd.
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Loud in a crowd: Nissan range gets grille makeover
It's the monetary policy equivalent of Sherlock Holmes's “curious incident” of the dog that didn't bark in the night
Dovish Sign? Yellen Says Nothing About Asset Bubbles
NEW YORK (Reuters) – Persistently low inflation poses a more immediate threat to the U.S. economy than rising prices, Federal Reserve Chair Janet Yellen said on Wednesday, stressing that the U.S. central bank would be delivering policy stimulus for some time to come.
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Weak U.S. prices, not inflation, the threat now: Fed’s Yellen