North America

Alcoa to buy titanium supplier RTI as aerospace focus continues

Metals company Alcoa Inc (AA.N) on Monday it would acquire titanium supplier RTI International Metals Inc (RTI.N) as it continues to invest in more profitable products for the aerospace and automotive industries.


All eyes on Apple's Cook as Watch launch expected

Apple Inc (AAPL.O) Chief Executive Officer Tim Cook on Monday is expected to announce details of the first product developed under his leadership, a watch that Apple hopes will transform the market of wearable technology.

Chicken growers set to pay price for no-antibiotic McNugget

McDonald's Corp's decision last week to phase out human antibiotics from its U.S. chicken supply will add to costs of production in a tight-margin business that are likely to be borne mostly by poultry companies.

GM plans $5 billion share buyback, agrees deal to avert proxy fight

General Motors Co. said Monday it would launch a new, $5 billion share buyback, and put forward a more detailed plan for capital allocation that promises investors the potential for further cash returns.


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Potential Republican presidential candidates Jeb Bush and Scott Walker told Iowa voters on Saturday that they supported government policies to boost ethanol use, a change in position that could help their prospects in the corn-growing state.
Everyone knows it is all about location, location, location in the world of real estate. And nothing says prime location like Miami's beachfront.
One of the earliest tasks in President Barack Obama's $215 million "precision medicine" program will be finding a way to piece together data from a hodgepodge of existing studies, said Dr. Francis Collins, director of the National Institutes of Health.
Fiat Chrysler Automobiles (FCAU.N) (FCHA.MI) Chief Executive Sergio Marchionne earned 31.3 million euros ($34 million) last year, including a bonus for cementing a deal that created the world's seventh-largest carmaker, a regulatory filing showed.
Whiting Petroleum Corp (WLL.N), North Dakota's largest oil producer, is seeking a possible buyer, according to the Wall Street Journal, but a person familiar with the board's thinking told Reuters he was not aware of any such plan.
The largest new field of activist investors in years is shaking up corporate America, seeking to tap into billions of dollars in available capital and inspired by the outsized returns of brand-name agitators like William Ackman and Carl Icahn.
The number of U.S. drilling rigs in use fell sharply in the week to Friday, almost doubling the cuts of the past two weeks and hitting the lowest since April 2011, a survey showed.
When Israeli Prime Minister Benjamin Netanyahu urged the United States this week to take a tough line against Iran, he argued that world powers could always push for a better nuclear deal because the Islamic Republic was vulnerable to low oil prices.
The Obama administration on Friday said it would start using emergency cash measures to allow the government to keep paying the nation's bills once it hits the legal debt limit in about a week.
Bank of Canada Governor Stephen Poloz said recent evidence suggests damage from the oil shock is hitting the economy earlier and spreading faster than anticipated, but that this could also point to an earlier rebound, the Globe and Mail reported on Friday.