RIO DE JANEIRO— Brazilian President Dilma Rousseff named a former treasury secretary with a reputation as a fiscal conservative as finance minister, her office said Thursday, in a move that's widely seen as charting a new course for Brazil's flagging economy and soothe jittery financial markets. The appointee, Joaquim Levy, is a University of Chicago-trained...» Read More
SAN FRANCISCO, June 2- Creating the state of California took a revolt that led to the short-lived Bear Republic, a war with Mexico, and various international treaties. Tuesday, voters in Del Norte and Tehama counties will consider a measure calling for separation from California and the formation of a new state.
SAN FRANCISCO, June 2- Apple Inc took the wraps off a mobile application that can collect and analyze users' health data, part of a suite of new features outlined for its computing and mobile software, at its annual developers' conference on Monday.
June 2- Stifel Financial Corp said its broker-dealer subsidiary, Stifel, Nicolaus& Co Inc, hired two financial advisers from UBS Securities for its Santa Rosa, California office. Todd Frediani and Larry Stater, who partnered to form Redwood Wealth Management in 2010, have more than 58 years of combined investment industry experience, Stifel said.
WASHINGTON, June 2- U.S. manufacturing activity accelerated in May and construction spending rose for a third straight month in April, suggesting economic growth was regaining steam in the second quarter.
DETROIT, June 2- General Motors Co on Monday finalized the number of newer-model large pickup trucks and sport utility vehicles it is recalling because the air bags may not deploy, lowering the number of affected vehicles.
June 2- Valeant Pharmaceuticals Inc on Monday prepared to take its $53.8 billion takeover bid for Allergan Inc directly to the Botox maker's shareholders in a battle that could last late into the year. The fight escalated when Valeant ally Pershing Square, a hedge fund that owns 9.7 percent of Allergan, called for a meeting to replace the company's board.
WASHINGTON/ LONDON, June 2- U.S. and China manufacturing activity expanded in May, putting the world's two largest economies on a seemingly firmer path to recovery, but a slowdown in euro zone factory growth boosted expectations of policy easing by the European Central Bank.
OTTAWA, June 2- The Canadian government, reacting to the U.S. move to cut carbon emissions from power plants, said on Monday it had already taken similar measures and called on the Obama administration to work together to cut emissions in the oil and gas sector.
MEXICO CITY, June 2- Abundant cheap labor has helped Mexico lure billions of dollars in foreign investment in recent years and spur a manufacturing sector so dynamic it has been likened to China.
Speculation about a possible consolidation in Brazil's telecom market has circulated since last year, but GVT's statement was the first outright opposition from a rival of TIM Brasil, the local unit of Telecom Italia SPA.
SAN FRANCISCO, June 2- Apple Inc introduced a health application it coined "Healthkit" on Monday, which collects and stores data from multiple sources in a single place.
SAN FRANCISCO, June 2- Apple Inc Chief Executive Officer Tim Cook, opening the iPhone maker's annual developers' conference on Monday, said the iPhone maker has sold more than 800 million mobile devices. Some 130 million customers bought their first Apple mobile device in the past 12 months, Cook said.
BOSTON, June 2- Massachusetts on Monday filed a lawsuit against mortgage finance giants Fannie Mae and Freddie Mac, accusing them of violating state law by blocking "foreclosure buyback programs" intended to help poor residents keep their homes.
APPLE UNVEILS "HEALTHKIT", TO COLLECT DATA AND BUILD PROFILES.
APPLE WORKING WITH MAYO CLINIC, NIKE ON "HEALTHKIT" APP.
June 2- The Institute for Supply Management corrected its key manufacturing activity index for May to 55.4, nearly in line with expectations, after economists on Monday said the original release's reading of 53.2 was incorrect.
WASHINGTON, June 2- A group of retail merchants will ask the U.S. Supreme Court to hear an appeal involving Federal Reserve rules that allow banks to charge debit card' swipe fees' that retailers view as too high, an attorney for the merchants said on Monday.
BOSTON/ WASHINGTON, June 2- A U.S.-led international operation disrupted a crime ring that had infected hundreds of thousands of PCs around the globe with malicious software used for stealing banking credentials and cyber extortion, the Justice Department said on Monday.