Amazon.com Inc has installed more than 15,000 robots across 10 U.S. warehouses, a move that promises to cut operating costs by one-fifth and get packages out the door more quickly in the run-up to Christmas.
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Regulator's Wall Street data collection plan too costly, invasive: SIFMA
A massive data collection system that Wall Street's industry-funded watchdog is pushing in order to ramp up oversight would cost clearing firms $680 million to build, plus other costs to the industry that far exceed the regulator's initial estimates, a major trade group said on Monday.
GM recalls 316,000 vehicles because of malfunctioning headlights
General Motors Co (GM.N) will recall 316,357 SUVs and sedans, mainly in North America, because the low-beam headlights can stop working, the company said on Monday.
Fed welcomes energy drop, shrugs off disinflation threat
The Federal Reserve is welcoming the sharp drop in global energy prices, with two influential policymakers on Monday cheering the boost it should provide American pocketbooks and shrugging off any pressure on already low inflation.
Putin drops South Stream gas pipeline to EU, courts Turkey
Russia on Monday scrapped the South Stream pipeline project to supply gas to southern Europe without crossing Ukraine, citing EU objections, and instead named Turkey as its preferred partner for an alternative pipeline, with a promise of hefty discounts.
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Telecoms group Altice SA (ATCE.AS) has agreed to buy the Portuguese operations of Brazil's Grupo Oi (OIBR3.SA) for about 7.4 billion euros ($9.2 billion), in what will be its third large acquisition this year.
IBM has signed a 10-year, multi-billion dollar deal to provide computer infrastructure services to Dutch bank ABN Amro [ABRGPA.UL] running on its cloud systems, the U.S. information technology firm said on Monday.
Japan's top government spokesman said on Monday the nation's capital spending is on a rising trend on the back of improving corporate earnings, and it will likely continue to increase.
U.S. drugmaker AbbVie has added two HIV medicines for children to a shared patent pool in an initiative that should speed the development of cheap new pediatric formulations for use in poor countries.
Realty brokers in battered Ferguson, Missouri, are predicting many homes could go up for sale early next year after rioting over the August police shooting of a black teenager appeared to put a chill on the number of active listings.
The ECB's monthly rate meeting will focus minds this week on the debate over quantitative easing in the euro zone, as a series of data releases on both sides of the Atlantic sheds more light on European woes and U.S. strength.
Vodafone Qatar VQFS.QA has scrapped its bid to buy state-owned wholesale Internet provider Qatar National Broadband Network (QNBN), the country's No.2 mobile operator by subscribers said on Sunday.
GlaxoSmithKline will this week inform U.S. staff of hundreds of job cuts in its biggest market as the drugmaker starts implementing a major cost-saving program, sources familiar with the matter said on Sunday.
A European satellite beamed images to earth using new laser-based communications technology on Friday, opening the way for uninterrupted and near instantaneous viewing of natural disasters being sent to governments and relief agencies.
