(Reuters) – Wall Street ended flat on Friday as gains by Intel, real estate companies and utilities offset a drop in Facebook after the social media network disclosed a security breach. The S&P 500 lost 0.5 percent for the week, but for the third quarter it was up 7.2 percent, its best…

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(Reuters) – The UK’s Information Commissioner’s Office said on Friday it will make enquiries with Facebook Inc (FB.O) and other overseas regulators to find out if British citizens were affected by a security breach announced by the company earlier in the day. FILE PHOTO: Silhouettes of mobile users are seen next to…

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OTTAWA (Reuters) – Canada and the United States on Saturday narrowed their differences in last-ditch talks to save NAFTA but there is no guarantee an agreement will be forged, two Ottawa sources said, a notion echoed by a top adviser to U.S. President Donald Trump. FILE PHOTO: The flags of Canada, Mexico…

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MUNICH (Reuters) – German brake maker Knorr-Bremse [STELLG.UL] has disclosed a contractual dispute with Robert Bosch GmbH [ROBG.UL] ahead of a stock market flotation that could raise up to 4.2 billion euros ($4.9 billion). Bosch parking deck is pictured near airport in Stuttgart, Germany, February 2, 2017. REUTERS/Michaela Rehle Knorr said Bosch,…

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WASHINGTON/SAN FRANCISCO (Reuters) – Tesla Inc and Elon Musk have agreed to pay $20 million each to financial regulators and the billionaire will step down as the company’s chairman but remain as chief executive, under a settlement that caps a tumultuous two months for the carmaker. The securities fraud agreement, disclosed by…

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NEW YORK (Reuters) – A female vice president at Point72 Asset Management LP will pursue her sexism claims against the hedge fund firm run by billionaire investor Steven A. Cohen before a private arbitrator and has dismissed her federal lawsuit. FILE PHOTO: Steven A. Cohen, Chairman and CEO of Point72 Asset Management,…

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WASHINGTON (Reuters) – U.S. Securities and Exchange Commission chairman Jay Clayton said in a statement on Saturday that the agency’s settlement with carmaker Tesla was in the best interests of the U.S. markets and company shareholders. FILE PHOTO: Jay Clayton, Chairman of the Securities and Exchange Commission, testifies at a Senate Banking…

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NEW YORK (Reuters) – A federal judge in Manhattan on Friday dismissed an unusual lawsuit in which billionaire investor Carl Icahn accused the law firm Wachtell, Lipton, Rosen & Katz of malpractice related to his 2012 hostile takeover of CVR Energy Inc (CVI.N). Billionaire activist-investor Carl Icahn gives an interview on FOX…

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LONDON (Reuters) – Global investors increased holdings of U.S. equities to their highest since May 2015 in September while reducing their exposure to emerging-market assets, where a majority believe the shake-out still has some way to go. Reuters’ monthly asset allocation poll of 54 wealth managers and chief investment officers in Europe,…

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WASHINGTON/MEXICO CITY (Reuters) – Mexico on Friday said the U.S. Trump administration and Canada were making serious efforts to resolve trade policy differences after days of bickering, raising hopes of saving the North American Free Trade Agreement as a trilateral pact. Mexico’s Economy Minister Ildefonso Guajardo delivers a summary of NAFTA negotiations…

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NEW YORK (Reuters) – The U.S. dollar rose on Friday as the euro fell on deepening worries about an Italian budget with a higher-than-expected deficit target, which also slammed European stocks. Wall Street ended flat, pulling back from early gains after Facebook disclosed a security breach. Tesla shares lost 13.9 percent after…

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WASHINGTON (Reuters) – Google Chief Executive Sundar Pichai has agreed to testify before the U.S. House Judiciary Committee later this year over Republican concerns that the company is biased against conservatives and will also attend a meeting with President Donald Trump, government officials said on Friday. Google CEO Sundar Pichai speaks on…

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MEXICO CITY (Reuters) – The United States and Mexico abruptly canceled plans to publish NAFTA texts on Friday, sources said, as signs of renewed efforts by Canada and Washington to settle differences raised hopes a breakthrough could be made to keep the deal trilateral. FILE PHOTO: A commercial truck with a Canada,…

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BEIJING (Reuters) – General Motors’ joint venture in China, Shanghai GM, will recall more than 3.3 million Buick, Chevrolet and Cadillac vehicles from Oct. 20 because of a defect with the suspension system, China’s market regulator said on Saturday. The GM logo is seen at the General Motors Lansing Grand River Assembly…

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(Reuters) – CBS Corp is facing probes by both New York city and state officials tied to sexual assault and harassment accusations of its ex-chief executive Leslie Moonves, the company revealed in a regulatory filing on Friday evening. The disclosure of the probes comes just hours after the new CBS board of…

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(Reuters) – A U.S. trade judge on Friday declined to block the importation of Apple Inc (AAPL.O) iPhones with chips from Intel Corp (INTC.O), handing a major defeat to Qualcomm Inc (QCOM.O) in its high-stakes legal dispute with the iPhone maker. The new Apple iPhone Xs is seen on display at the…

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(Reuters) – Tesla Inc’s (TSLA.O) Elon Musk could settle with U.S. regulators who have sued to remove him from the electric carmaker’s leadership, but he is prepared to fight the securities fraud lawsuit against him in court, sources said on Friday as shares plunged about 14 percent. Musk, Tesla’s chairman and chief…

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(Reuters) – Facebook Inc (FB.O) said on Friday that hackers stole digital login codes allowing them to take over nearly 50 million user accounts in its worst security breach ever given the unprecedented level of potential access, adding to what has been a difficult year for the company’s reputation. Facebook, which has…

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