UAW, GM settle strike with health care trust deal
DETROIT (Reuters) - The United Auto Workers union and General Motors Corp reached a tentative contract on Wednesday to end a national strike by 73,000 workers with a deal that includes a groundbreaking health-care trust fund.
August durables drop sharpest in seven months
WASHINGTON (Reuters) - New orders for long-lasting U.S.-made manufactured goods took their sharpest tumble in seven months during August, the Commerce Department reported on Wednesday as demand weakened across nearly every category of durable good.
Toyota says may not achieve rise in Sept. U.S. sales
TOKYO (Reuters) - A top executive at Toyota Motor Corp said on Wednesday that achieving a rise in U.S. sales in September might be tough because of a spike in sales in the same month a year earlier.
EU says Boeing aid cost Airbus billions of dollars
GENEVA (Reuters) - The European Union said on Wednesday U.S. subsidies for Boeing Co. had caused Airbus billions of dollars of damage in recent years and described the U.S. response to the charges as weak.
Fremont General investor may back out
NEW YORK (Reuters) - Fremont General Corp , which quit subprime mortgage lending this year, said on Wednesday a group that had agreed in May to invest $80 million for a minority stake may back out.
Nasdaq, B.Dubai sweeten OMX bid
STOCKHOLM/DUBAI (Reuters) - Nasdaq and Borse Dubai on Wednesday raised their bid for OMX by 15 percent and said they were close to owning a majority stake, moving swiftly to eliminate any competition from rival suitors.
Air France prepares bid for Spain's Iberia: report
MADRID (Reuters) - French-Dutch airline Air France KLM is planning to team up with two Spanish firms to bid for Spain's Iberia against a group led by private equity group TPG, Expansion newspaper said on Wednesday.
Toshiba, Canon, others to team up on biochips
TOKYO (Reuters) - Toshiba Corp , Canon Inc and 30 to 40 other Japanese firms will team up to develop biochips, seeking new revenues in a market currently dominated by U.S. firms.
Futures higher on GM deal
NEW YORK (Reuters) - Stock futures rose on Wednesday as news of a tentative deal ending a strike at General Motors Corp raised hopes that Detroit's automakers would soon slash their health-care costs.
Microsoft offers to replace damaged "Halo 3" discs
NEW YORK (Reuters) - Microsoft Corp is offering to replace damaged discs of its just-launched "Halo 3" game for the Xbox amid reports that special limited-edition packaging is scratching them.
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