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Fed officials in muddle over permanent vs temporary inflation lull |
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OKLAHOMA CITY (Reuters) - Federal Reserve officials with competing views about inflation laid out on Friday the quandary facing U.S. policymakers as they wrestle over whether a recent dip in the pace of price increases is trivial, or the result of global forces that could permanently throw off the Fed's policy calculus. |
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'Unfit' Uber stripped of London license |
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LONDON (Reuters) - London deemed Uber unfit to run a taxi service on Friday and stripped it of its license to operate from the end of next week in a major blow to the U.S. firm and 3.5 million users in one of the world's wealthiest cities. |
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Facebook drops Class C plan: shareholder attorney |
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WILMINGTON, Del. (Reuters) - Facebook Inc has dropped its plan to issue Class C stock, according to an attorney who sued the company on behalf of a Facebook shareholder because the plan would have allegedly extended founder Mark Zuckerberg's control over the company. |
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Diesel's disgrace brings hybrids-for-all in race to electrify |
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FRANKFURT (Reuters) - Carmakers squeezed between carbon emissions cuts and falling sales of fuel-efficient diesels have used the Frankfurt auto show to spotlight a future generation of electric cars that will largely come too late to help them out of their bind. |
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