U.S. judge orders Argentina, creditors to meet until deal reached

NEW YORK (Reuters) – A U.S. judge ordered Argentina and investors who did not participate in the country’s past debt restructurings to meet “continuously” with a court-appointed mediator until a settlement is reached, warning of the threat of a new default.

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U.S. judge orders Argentina, creditors to meet until deal reached

Saving Salem’s Ardagh glass plant hinges on finding new customers, officials say

Officials say Ardagh’s survival in Salem will depend on the company security a new glass customer. The state is ready to step in and help.

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Saving Salem’s Ardagh glass plant hinges on finding new customers, officials say

With sales sputtering, Apple’s iPad looks to IBM alliance

SAN FRANCISCO (Reuters) – Apple Inc’s iPad is losing steam just four years after its release, but an alliance with International Business Machines Corp could rejuvenate a flagging product by entering into a largely untapped corporate market.



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With sales sputtering, Apple’s iPad looks to IBM alliance

Apple revenue lags Street’s view despite strong China growth

SAN FRANCISCO (Reuters) – Apple Inc posted a smaller-than-expected 6 percent rise in quarterly revenue on Tuesday, but revenue surged 28 percent in greater China despite stiff competition in its third-largest market.



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Apple revenue lags Street’s view despite strong China growth

Safeway receives U.S. subpoena over controlled substances

(Reuters) – Grocery store operator Safeway Inc on Tuesday said it received a subpoena from the U.S. Drug Enforcement Administration regarding record keeping, reporting and related practices associated with loss or theft of controlled substances.

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Safeway receives U.S. subpoena over controlled substances

Safety violations at McDonald’s, Yum China supplier company-led: regulator

SHANGHAI (Reuters) – Food safety violations at Shanghai Husi Food Co Ltd, a supplier to global brands including McDonald’s Corp and Yum Brands Inc, were company-led and not the acts of individuals, the official Xinhua news agency said, citing the Shanghai food and drug watchdog.

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Safety violations at McDonald’s, Yum China supplier company-led: regulator

Chrysler recalls older Jeep SUVs for ignition switch issues

DETROIT (Reuters) – Chrysler Group LLC said on Tuesday it is recalling 792,300 older-model Jeep SUVs for ignition switch problems, the second recall of its kind for the No. 3 U.S. automaker this year.

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Chrysler recalls older Jeep SUVs for ignition switch issues

Banks trade barbs with U.S. Senate panel in tax avoidance probe

WASHINGTON (Reuters) – Deutsche Bank and Barclays on Tuesday locked horns with a U.S. Senate committee that has accused them of selling option products to hedge funds to help them avoid taxes.



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Banks trade barbs with U.S. Senate panel in tax avoidance probe

American Apparel hopes to decide Charney’s fate by mid-August

(Reuters) – American Apparel Inc’s founder should know in the next few weeks whether he may return as an employee of the company, according to a source familiar with the situation.

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American Apparel hopes to decide Charney’s fate by mid-August

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