| | Qualcomm promotes Mollenkopf to CEO, ends Microsoft talk | SAN FRANCISCO (Reuters) - Qualcomm Inc, the world's biggest maker of cellphone chips, unexpectedly named Chief Operating Officer Steve Mollenkopf as chief executive on Friday, heading off the possibility he might be poached to run Microsoft Corp. | | | | | Wall St. ends near flat; posts declines for the week | NEW YORK (Reuters) - Stocks ended nearly flat on Friday after a three-day drop but logged their worst week in nearly four months on concern the Federal Reserve could signal a more hawkish stance in next week's policy-setting meeting. | | | | | | Exclusive: Ex-UBS banker flown to U.S. to face tax fraud trial | BOLOGNA, Italy (Reuters) - Raoul Weil, an ex-UBS banker charged by U.S. authorities for allegedly helping Americans dodge taxes via secret Swiss bank accounts, was being extradited on Friday to the United States from Italy to face a trial likely to reignite debate on tax fraud. | | | | | | Ford to host last-minute analyst meeting next week | DETROIT (Reuters) - Ford Motor Co on Friday said it will host an analyst meeting next week, a surprise move that comes as the company prepares for the largest new model launch year in its history and faces mounting questions about Chief Executive Alan Mulally's future. | | | | | | Peugeot shares tumble as GM offloads stake | PARIS (Reuters) - Shares in French carmaker PSA Peugeot Citroen fell a further 11.6 percent on Friday, making for a 23 percent fall in just four days, after U.S. alliance partner General Motors sold its stake ahead of a possible new share issue by the struggling French carmaker. | | | | | | U.S. wholesale prices point to muted inflation pressures | WASHINGTON (Reuters) - U.S. producer prices fell for a third straight month in November, pointing to a lack of inflation pressure that could give the Federal Reserve pause as it weighs the future of its bond-buying stimulus. | | | | CANADA FX DEBT-C$ firms on Bank of Canada rethink; Fed meeting awaited | * Canadian dollar at C$1.0595 or 94.38 U.S. cents * Bond prices mixed across the maturity curve * Fed meeting next week in view on possible taper By Leah Schnurr TORONTO, Dec 13 (Reuters) - The Canadian dollar strengthenedagainst the greenback in choppy trading on Friday as investorswere encouraged that recent comments from the Bank of Canadawere not as dovish as some had anticipated. Market attention was also focused on next week's two-daymeeting of the U.S. Federal Re | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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