Reuters: Business News
|EU's Vestager to hold news conference, Google decision expected
EU antitrust chief Margrethe Vestager will hold a news conference at 1100 GMT, the European Commission said on Wednesday, where she is expected to announce a record fine against Google for using its Android mobile operating system to block rivals.
POSTED JULY 18, 2018 4:37 AM
|China says U.S.-led trade war has become biggest 'confidence killer' for world economy
The U.S.-driven trade war has become the biggest "confidence killer" for the global economy, China's foreign ministry warned on Wednesday, saying the whole world would fight back if the United States continued to be "wilful".
POSTED JULY 18, 2018 4:34 AM
|Dollar's advance puts squeeze on gold, Brexit blues sink sterling
The world's major stock markets were mostly firmer on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted bond yields and sent safe-haven gold to a one-year trough.
POSTED JULY 18, 2018 4:30 AM
|Novartis puts brakes on price hikes, bowing to U.S. pressure
Bolstered by a strong second-quarter, CEO Vas Narasimhan said he expects Novartis to hit the top of its 2018 sales guidance despite joining rival Pfizer in freezing U.S. drug prices for the rest of the year.
POSTED JULY 18, 2018 4:20 AM
|Airbus says Pratt & Whitney catching up on engine delays
European planemaker Airbus said on Wednesday that supplier Pratt & Whitney was catching up on engine delays and there would be an improvement especially in the second half of the year.
POSTED JULY 18, 2018 4:18 AM
|Texas Instruments CEO resigns on code of conduct violation
Texas Instruments Inc said on Tuesday that Brian Crutcher had resigned as the company's chief executive officer just six weeks into the role, after finding following a report that he had violated the chipmaker's code on personal behavior.
POSTED JULY 18, 2018 4:17 AM
|EU's Vestager to brief Google CEO ahead of record Android fine: source
EU antitrust chief Margrethe Vestager will brief Google CEO Sundar Pichai by telephone later on Tuesday on her ruling on the company's Android mobile operating system, a person familiar with the matter said.
POSTED JULY 18, 2018 4:06 AM
|China clips Air China's wings after descent scare
China's aviation regulator will reduce Air China's Boeing 737 flights by 10 percent and cancel licenses of the pilot and co-pilot involved in an emergency descent last week, in a move analysts say could push the airline to cut some routes.
POSTED JULY 18, 2018 2:36 AM
|Boeing gets $3.9 billion contract for new Air Force One jets
Boeing Co has received a $3.9 billion contract to build two 747-8 aircraft for use as Air Force One by the U.S. president, due to be delivered by December 2024 and painted red, white and blue, officials said on Tuesday.
POSTED JULY 18, 2018 2:25 AM
|Uber says it has invested $500 million in Mexico since 2013
Uber Technologies Inc said on Tuesday that it has invested more than $500 million in Mexico since it launched there in 2013, underscoring the country's importance to the ride-hailing firm as it faces new competition.
POSTED JULY 18, 2018 12:39 AM
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|Baseball lightens up, goes deep at the Midsummer Classic
This year's All-Star Game aimed to do more than play a game, and it showed off baseball's stars. But did it connect with fans?
POSTED JULY 18, 2018 3:12 AM
|Monumental mashing: Ranking D.C.'s record 10 All-Star Game homers
The 2018 Midsummer Classic turned into Home Run Derby Part 2 on an epic night at Nationals Park. We break down which dingers brought the most drama.
POSTED JULY 18, 2018 2:21 AM
|Report: Dodgers on verge of trade for Machado
The Dodgers are on the cusp of securing Orioles star Manny Machado in a package that includes prospect Yusniel Diaz, according to a report from The Athletic.
POSTED JULY 17, 2018 11:05 PM
|Brewers' Hader 'deeply sorry' for old tweets
Racist and anti-gay tweets from Brewers pitcher Josh Hader's Twitter account surfaced during Tuesday night's All-Star Game. Hader apologized for the tweets, which he said were sent when he was a teenager.
POSTED JULY 18, 2018 12:55 AM
|Go-ahead HR nabs Bregman All-Star Game MVP
First-time All-Star Alex Bregman of the Houston Astros was named MVP of Tuesday's All-Star Game after his go-ahead homer in the 10th inning sent the American League to an 8-6 victory.
POSTED JULY 18, 2018 12:49 AM
|Cards TE Seals-Jones arrested after hotel scuffle
Cardinals tight end Ricky Seals-Jones was arrested on three charges Saturday night after a scuffle ensued when he was denied entrance to the W Scottsdale to use a bathroom, according to Scottsdale police.
POSTED JULY 17, 2018 11:55 PM
|Manfred: Can't market Trout without his help
Commissioner Rob Manfred said that the only reason Mike Trout isn't more popular is because Trout doesn't market himself: "If he wants to engage and be more active in that area, I think we could help him make his brand really, really big."
POSTED JULY 17, 2018 10:22 PM
|Bonomo wins $10M WSOP Big One for One Drop
On Tuesday night, Justin Bonomo sealed the best year of high roller results that any tournament poker player has ever had by winning the WSOP $1 million buy-in Big One for One Drop and its $10 million first-place prize.
POSTED JULY 18, 2018 4:03 AM
|NFL Insiders predict: Teams set up to contend for multiple Super Bowls
The Rams are a trendy pick to make a Super Bowl run. Which teams are in the mix to be the NFL's next dynasty? Our Insiders make their picks.
POSTED JULY 17, 2018 9:27 AM
|2018 NFL All-Retirement team: Witten, Murray lead all-star squad
We built an entire 22-man lineup of players who hung up their cleats this offseason. Here's who made the cut on a stellar offense and so-so defense.
POSTED JULY 13, 2018 1:33 PM