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Facebook’s Mark Zuckerberg to take two months of paternity leave

/  18.08.2017  /  Business 

(Reuters) – Facebook Inc founder Mark Zuckerberg said on Friday he would be taking two months of paternity leave after the birth of his second daughter.

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U.S. dollar stores stand their ground in escalating retail price war

/  18.08.2017  /  Business 

U.S. dollar stores have not become collateral damage, as feared, in a price war among big retailers including Wal-Mart Stores Inc and Kroger Co , which has pushed down prices of key items such as eggs and laundry detergent.

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NAFTA negotiators hone in on origin rules, dispute settlement

/  18.08.2017  /  Business 

WASHINGTON (Reuters) – U.S., Canadian and Mexican negotiators on Friday began digging into some of the thorniest issues in modernizing the North American Free Trade Agreement, including rules of origin for goods produced in the region, services trade and a controversial dispute settlement system.

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Footwear retailers trampled as price war sparks concerns

/  18.08.2017  /  Business 

(Reuters) – Shares of sporting goods retailers were pummeled in early trading on Friday as dismal quarterly results from Hibbett and Foot Locker heightened investor concerns about a supply glut intensifying price wars in the industry.

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Nestle defends ‘Kit Kat’ campaign against Atari ‘Breakout’ lawsuit

/  18.08.2017  /  Business 

(Reuters) – Nestle SA on Friday paddled back claims in a new lawsuit in which Atari SA accused the Swiss food company of pilfering its classic 1970s video game “Breakout” to help sell Kit Kat chocolate-covered wafer bars.

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AT&T considers sale of home security business: sources

/  18.08.2017  /  Business 

(Reuters) – AT&T Inc is exploring options for its Digital Life home security business, including selling it, as it seeks to pay down debt following its planned $85.4 billion acquisition of Time Warner Inc , people familiar with the matter said.

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Swiss road agency bans new Porsche Cayenne registrations

/  18.08.2017  /  Business 

ZURICH (Reuters) – Switzerland’s road agency on Friday imposed a preliminary ban on new registrations of Porsche Cayenne cars equipped with manipulated diesel engine management software.

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Futures flat amid growing concerns over Trump agenda

/  18.08.2017  /  Business 

(Reuters) – U.S. stock index futures were little changed on Friday, a day after the S&P posted its biggest daily percentage loss in about three months, on mounting worries about President Donald Trump’s ability to legislate his pro-growth agenda.

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Top fund investors pumped brakes on fast-rising Tesla: filings

/  18.08.2017  /  Business 

BOSTON (Reuters) – Top Tesla Inc investors Fidelity Investments and T. Rowe Price cut their holdings in the second quarter and indicated they were taking profits from the electric car maker stock, which is up 65 percent this year.

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Union says Air Berlin’s Niki Airlines future is unclear

/  18.08.2017  /  Business 

VIENNA (Reuters) – Union representatives of insolvent Air Berlin’s Austrian unit Niki Airlines said its future was unclear and they hoped for support from the Austrian government if it runs out of money.

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