Author Archives: Editor - Business News

Ashurst, Gibson Dunn Meet Again Over Murphy Oil Sale

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Gibson Dunn Grabs Former Head of Ashurst

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The Careerist: Is This Subject Off-Limits?

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Tokyo stocks tumble as weak global data spook markets; yen gains

TOKYO (Reuters) – Japanese stocks were knocked hard on Thursday as weak global manufacturing activity and an Ebola health scare in the United States spooked world markets, sending investors scurrying to the safety of U.S. bonds, the yen and gold. … Continue reading

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Tesco’s 250-million-pound black hole: Who was minding the shop?

LONDON (Reuters) – “Things are always unnoticed, until they’re noticed,” Tesco Chairman Richard Broadbent said when asked how Britain’s biggest retailer had failed to spot a 250 million pound ($410 million) sized hole in its first-half profits. It was an … Continue reading

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Renault aims to reclaim lost ground with minivan turned SUV

PARIS (Reuters) – The minivan is dead, long live the SUVan. Renault has revamped the elderly Espace people carrier as a crossover sport utility vehicle as it seeks to relive the marque’s past glories. Illustrating a market shift to more … Continue reading

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Philips Electronics to appeal ruling in $467 million patent lawsuit

(Reuters) – Dutch healthcare equipment company Philips said on Thursday it would appeal against a U.S court ruling ordering it to pay $466.8 million in compensation to Masimo Corp for infringing two patents. The patents related to technology used to … Continue reading

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Bingham’s Biggest Rainmakers, Plus More Lateral Moves

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Ford loses bid to recoup $450 million interest on overpaid taxes

(Reuters) – A federal appeals court rejected Ford Motor Co’s bid to recoup about $450 million of interest from the U.S. government on taxes overpaid by the automaker. The 6th U.S. Circuit Court of Appeals in Cincinnati did not accept … Continue reading

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Wall Street falls on Ebola concerns; transport shares down

NEW YORK (Reuters) – U.S. stocks were down sharply at midday on Wednesday as the first diagnosis of Ebola in a patient in the United States spooked investors and pressured shares of airlines and other transportation-related shares. Small-cap stocks were … Continue reading

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