Morgan Stanley gives tweeting brokers some leeway
NEW YORK (Reuters) - Morgan Stanley is further opening the social media door for its brokers by allowing them to post self-authored content on firm-approved Twitter accounts.
Boeing delivers first 787-9 to Air New Zealand
SEATTLE (Reuters) - Boeing Co contractually delivered its first 787-9 to Air New Zealand on Monday, allowing Boeing to book the delivery of the new, stretched Dreamliner in its second-quarter results.
Chrysler expands ignition switch recall by 696,000 vehicles
DETROIT (Reuters) - U.S. safety regulators on Monday announced an expansion of a previous recall to include more model years of Fiat Chrysler vehicles that have ignition switches that can be inadvertently shut off.
France’s BNP to pay $9 billion in U.S. sanctions case, face dollar-clearing ban
NEW YORK/WASHINGTON (Reuters) - French bank BNP Paribas BNPP.PA on Monday agreed to pay almost $9 billion over charges it violated U.S. sanctions against countries such as Sudan, and faces a one-year suspension of parts of its U.S. dollar-clearing business.
Fed’s Williams sees no rate hike until after mid-2015
SUN VALLEY Idaho (Reuters) - The Federal Reserve will probably need to keep interest rates near zero for at least another year, a top Fed official said on Monday, even as he expressed optimism the economy is well on its way to health.
U.S. safety agency probes 2005 Chrysler trucks over axle issue
DETROIT (Reuters) - U.S. safety regulators have opened an investigation into an estimated 260,000 model year 2005 Dodge Ram 1500 pickup trucks of Fiat Chrysler Automobiles because a loose fastener may cause the rear axle to lock up or detach.
GM victims fund to have wide eligibility
(Reuters) - The compensation fund for victims of General Motors Co's defective ignition switch will be open to a broad range of people and should finish its work by the end of the second quarter of next year, the attorney in charge of the fund said.
Holdout bondholders say Argentina not at negotiating table
NEW YORK (Reuters) - Holdout investors in Argentine sovereign debt said on Monday they have not met with the government to negotiate a settlement on defaulted debt, and accused the government of refusing to enter talks.
U.S. pending home sales hit eight-month high in May
WASHINGTON (Reuters) - Contracts to buy previously owned U.S. homes hit an eight-month high in May, the latest indication that housing was pulling out of a recent soft patch.
World investors see rates staying low and put faith in stocks: Reuters poll
LONDON (Reuters) - Global investors put more money into stocks in June favoring the United States and Britain where economic recovery is gathering pace over other developed markets, a Reuters poll showed on Monday.