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Trump wants GM CEO ‘to do something quickly’ to reopen Ohio plant

WASHINGTON (Reuters) – President Donald Trump tweeted on Sunday that he urged General Motors Co’s chief executive to “do something quickly” to reopen the company’s Lordstown, Ohio, plant that was idled more than a week ago. “I am not happy that it is closed wh... More »

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German antitrust watchdog to act against Facebook: report

BERLIN (Reuters) – Germany’s antitrust watchdog plans to order Facebook to stop gathering some user data, a newspaper reported on Sunday. The Federal Cartel Office, which has been investigating Facebook since 2015, has already found that the social media giant... More »

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Trump bump: Court fights draw big money into attorney general races

FILE PHOTO: Virginia Attorney General Mark Herring speaks at the Virginia Democratic Party’s annual Jefferson-Jackson party fundraising dinner at George Mason University in Fairfax, Virginia, U.S. June 26, 2015. Four years ago, Frances Broaddus-Crutchfield, 74... More »

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Asian stocks start new month on firm footing, bonds under pressure

FILE PHOTO: Employees of the Tokyo Stock Exchange (TSE) work at the bourse in Tokyo, Japan, February 9, 2016. REUTERS/Issei Kato Asian stocks held two-years highs on Monday, starting the new month on a solid footing after two quarters of gains while expectatio... More »

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GM shareholders to decide on Greenlight stock plan, board challenge

The GM logo is seen at the General Motors Assembly Plant in Valencia, Venezuela April 21, 2017. REUTERS/Marco Bello Greenlight Capital’s plan to split up General Motors Co’s (GM.N) stock, as well as its challenge to the company’s board of directors, will come ... More »

Nelson Peltz’s Trian Fund takes $2.5 billion stake in GE: WSJ

Nelson Peltz’s Trian Fund Management has accumulated $2.5 billion in General Electric (GE.N) shares since May — a roughly 1 percent stake — making it one of the company’s top 10 shareholders, the Wall Street Journal reported. In a white paper Trian plans to di... More »

GE cutting 262 more Lufkin oil unit jobs in Texas

General Electric Co (GE.N) said on Monday it was cutting 262 more jobs at its Lufkin oil unit in Texas and closing a foundry as it grapples with the plunge in global oil prices. GE earlier this year said it planned to eliminate some 575 jobs from Lufkin, bring... More »