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  • Markets Right Now: Stocks open broadly higher on Wall Street

    December 18, 2017 2:42 PM 14

    Stocks are opening broadly higher on Wall Street as the Republican-backed tax plan moves ahead. Banks and technology companies posted some of the biggest gains early Monday. Akamai Technologies jumped 16 percent. Snyder's-Lance, which makes pretzels and other snack foods, rose 7 percent after agreeing to be acquired by Campbell Soup. The Standard & Poor's

  • France files complaint against Amazon for abuse of dominant position: paper

    December 18, 2017 8:14 AM 17

    PARIS (Reuters) - The French government has filed a complaint with the Paris Commerce Court against e-commerce company Amazon for abusing its dominant position with some suppliers, newspaper Le Parsien said on Monday. Under the complaint, which follows a two-year investigation by the DGCCRF consumer fraud watchdog, the Economy Ministry is seeking a fine of 10 million

  • Hitachi aims double-digit margin by 2021, not interested in GE assets: CEO

    December 18, 2017 7:29 AM 20

    TOKYO (Reuters) - The head of Japan’s Hitachi Ltd (6501.T) said the company was aiming to improve its operating margin to double digits by fiscal 2021 from current levels of around 7 percent. Chief Executive Toshiaki Higashihara, in an interview to reporters, also said Hitachi was not interested in assets being put up for sale by General Electric (GE.N). The U.S. conglomerate

  • Oracle Corp to buy Australia's Aconex for $1.19 billion

    December 18, 2017 1:07 AM 29

    Sydney (Reuters) - Australia’s Aconex Ltd (ACX.AX) said on Monday it had received a A$1.56 billion ($1.2 billion), or A$7.80 in cash-per-share, buyout offer from U.S. software major Oracle Corp (ORCL.N), sending the target’s share price up 45 percent. Aconex said in a statement its directors unanimously recommended the offer, with shareholders of the cloud-based

  • The Latest: Family, friends remember San Francisco mayor

    December 18, 2017 12:58 AM 13

    Family, friends and fellow politicians remembered San Francisco Mayor Ed Lee as a man with great humility, integrity and a winning smile. Fellow Democrats including Sen. Dianne Feinstein, former mayors and Lee's two daughters spoke Sunday at the roughly two-hour public memorial inside City Hall's rotunda. The celebration of Lee's life also included musical

  • Equinix to buy Australia's Metronode data center group for $791 million

    December 17, 2017 10:40 PM 11

    SYDNEY (Reuters) - U.S. data center group Equinix Inc on Monday said it was buying Australian data center company Metronode from the Ontario Teachers’ Pension Plan in an all-cash deal worth A$1.035 billion ($791.15 million). Metronode operates internet and communications infrastructure facilities throughout Australia for some of the country’s largest

  • SpaceX capsule back at space station with pre-Christmas haul

    December 17, 2017 9:40 PM 9

    A recycled SpaceX capsule is back at the International Space Station, just in time for Christmas. NASA astronauts used the space station's big robot arm to grab the Dragon capsule out of orbit Sunday. It's the second visit for this particular supply ship, which made a delivery for NASA back in 2015 as well, and only the second time a Dragon has had a repeat

  • 6 firefighters hurt in blaze at former Marion Thomson plant

    December 17, 2017 6:53 PM 24

    6 firefighters hurt in blaze at former Marion Thomson plant Authorities say six firefighters have suffered minor injuries after two explosions and a fire at the former Thompson Consumer Electronics plant in Marion. Marion Fire Chief Geoff Williams says two tanks containing unconfirmed substances exploded, causing ringing in the ears of four firefighters

  • Couple donates device to hospital to help grieving parents

    December 17, 2017 6:41 PM 22

    Couple donates device to hospital to help grieving parents A Utah hospital is among a growing list of medical centers that now have a medical device called a CuddleCot that allows parents to keep stillborn babies by their side in their hospital room for longer. The Herald-Journal reports the device has a cooling pad that can be put under the baby's body, giving

  • UMKC engineering center construction to begin next summer

    December 16, 2017 2:06 PM 28

    UMKC engineering center construction to begin next summer Officials with the University of Missouri-Kansas City say students will soon have access to state-of-the-art 3-D technology, analytics labs and other innovations provided by a $32 million education and research center on the university's Volker campus. The Kansas City Star reports that UMKC will start