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Tuesday, April 15, 2014

Business Today: Food, rental housing bump up U.S. consumer inflation

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04/15/2014
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Food, rental housing bump up U.S. consumer inflation
WASHINGTON (Reuters) - U.S. consumer prices rose in March, but inflation pressures remained generally benign, which should give the Federal Reserve ample scope to keep interest rates low.
Coca-Cola sales beat estimates as China volumes soar
(Reuters) - Coca-Cola Co reported better-than-expected quarterly revenue as strong sales in China more than offset a drop in Europe and flat volumes in North America.
J&J beats forecasts, helped by new medicines
(Reuters) - Johnson & Johnson reported quarterly earnings well above Wall Street expectations, as strong sales of new prescription drugs offset weak sales of consumer products, and slightly raised its full-year profit view.
Stock futures tick up after earnings, prices data due
NEW YORK (Reuters) - Stock index futures edged up on Tuesday after earnings from Coca Cola and Johnson & Johnson and ahead of economic data including inflation and manufacturing.
Zebra Tech to buy Motorola Solutions' enterprise business
(Reuters) - Barcode printer maker Zebra Technologies Corp said it would buy Motorola Solutions Inc's enterprise business, which makes rugged mobile computers, tablets and barcode scanners, for $3.45 billion in cash.
Yellen prepares Wall Street for more wholesale funding rules from Fed
(Reuters) - The U.S. Federal Reserve is considering adopting more measures to address the remaining financial-stability risks in the short-term wholesale funding markets, Fed Chair Janet Yellen said on Tuesday.
BlackBerry buys minority stake in healthcare IT firm
TORONTO (Reuters) - BlackBerry Ltd said on Tuesday it bought a minority stake in privately held healthcare IT firm NantHealth, a move that offers a glimpse into the type of niche markets the smartphone maker is targeting as it attempts to engineer a turnaround.
Ford Europe sales up 12 percent in March on Germany, U.K. demand
BERLIN (Reuters) - Ford said European car sales increased 12 percent in March, the tenth straight monthly gain, as customers snapped up small vehicles and compact SUVs.
GE CEO Immelt may step down before his 20-year tenure ends: WSJ
(Reuters) - General Electric Co's Chief Executive Jeff Immelt may step down sooner than his expected 20-year tenure, the Wall Street Journal reported, citing people familiar with the company's thinking.
VW picks former Audi R&D boss to run Bentley, Bugatti brands
BERLIN (Reuters) - Volkswagen has appointed Audi's former development chief to take the reins at Bentley and Bugatti, the third top management change at the two ultra-luxury auto brands in just over three years.
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