U.S. appeals court rules for GM over Spyker's Saab sale

Friday, 24 October 2014 16:29
By Jonathan Stempel (Reuters) - General Motors Co persuaded a federal appeals court to uphold the dismissal of a $3 billion lawsuit in which Spyker NV accused it of derailing a plan to sell the Swedish automaker Saab to a Chinese company. The 6th U.S. Circuit Court of Appeals in Cincinnati on Friday said Spyker failed to show GM intentionally interfered with the Dutch company's effort to sell Saab to Zhejiang Youngman Lotus Automobile Co,…
Exclusive: Ford to overhaul Lincoln brand, this time with big bucks
Friday, 24 October 2014 16:29
By Paul Lienert and Bernie Woodall DETROIT (Reuters) - Ford Motor Co's new chief executive, Mark Fields, is giving the automaker's long-moribund Lincoln brand what his predecessor Alan Mulally never could: a little love and a lot of cash. Lincoln, a storied Detroit brand which Ford has owned since 1922, has been in a swoon for the past two decades, leaving dealers and customers wondering if Ford management had left the brand for dead.
Wall St. boosted by earnings, S&P posts best week in nearly two years
Friday, 24 October 2014 16:29
By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stock index futures dipped on Friday, putting the S&P 500 on track to trim its weekly gain, following disappointing results from Amazon and as the first diagnosed case of Ebola in New York City raised concerns about the spread of the virus. * Amazon plunged 10.9 percent to $279.15 in premarket trade after the online retailer's sales projections for the crucial holiday quarter disappointed Wall Street and…
Bahrain F1 complaint 'merits probe'
Friday, 24 October 2014 16:29
24 October 2014Last updated at 20:57 Share this pageDeliciousDiggFacebookredditStumbleUponTwitterEmailPrint By Dan RoanBBC sports editor The Bahrain race has become one of the most controversial in the F1 calendar Continue reading the main story Related StoriesBahrain country profile Bahrain GP: Why is there unrest?Bahrain Grand Prix sparks web anger A complaint by activists that human rights regulations were breached when the Formula 1 Grand Prix was staged in Bahrain "merits further examination", a UK government panel…
Hannah Graham's Remains Have Been Identified: Police
Friday, 24 October 2014 16:18
Human remains found during the search for missing University of Virginia student Hannah Graham have been identified as those of the 18-year-old, officials said Friday. The remains were found Saturday on an abandoned property near Old Lynchburg Road in Albemarle County, less than 10 miles away from where Graham was last seen. First published October 24 2014, 1:47 PM
Google Exec's 136,000-Foot Space Jump Breaks Record
Friday, 24 October 2014 16:18
A 57-year-old Google executive broke the world record for the highest-altitude jump on Friday, reaching a peak velocity of a whopping 800 miles an hour during his 135,908-foot fall. The New York Times first reported on the feat of Alan Eustace, who is a senior vice president at Google, and the U.S. Parachute Association confirmed the record to NBC News. According to the Paragon Space Development Corporation, which worked with Eustace to plan the jump,…
Dear nature vandal: The Web wants you
Friday, 24 October 2014 15:28
A graffiti artist is accused of defacing National Park land, and hiking enthusiasts are sniffing out the culprit online STORY HIGHLIGHTSNational Park Service investigates reports of graffiti by an artist10 park sites have been defaced, including rocks and wallsMany of the images are signed with the phrase "Creepytings 2014"Naturalists are decrying the defacement in online forums
Assault on NYC police stokes fears
Friday, 24 October 2014 15:28
STORY HIGHLIGHTSZale Thompson swung a hatchet at four police officers, wounding two, in QueensThe other two shot him deadPolice don't yet know if Thompson had links to radical IslamBut a Facebook page in his name sports an image of a Muslim fighter and a Quran quote (CNN) -- A bloodied steel hatchet lay on a rainy Queens sidewalk on Thursday like an portentous question mark. Was the bearded man who used it to wound two…
4 issues raised at the House Ebola hearing
Friday, 24 October 2014 15:28
STORY HIGHLIGHTSRon Klain is President Barack Obama's 'Ebola czar,' who started WednesdayThe House is holding a hearing on the U.S. response to the Ebola outbreakRep. Darrell Issa, the committee's chairman, said Klein declined to attend Washington (CNN) -- One day after the fourth case of Ebola was diagnosed in the United States, lawmakers met with administration and public health officials in an already-scheduled congressional hearing to hash out some concerns about the handling of the…
Police: Shooter at school near Seattle is dead
Friday, 24 October 2014 15:28
STORY HIGHLIGHTSNEW: The gunman died of a self-inflicted gunshot wound, an official said NEW: Up to five people were shot, the official saidStudents ran out of the building, many with their hands upA student's mother says her son told her shots were fired (CNN) -- [Breaking news update, posted at 3:25 p.m. ET] Up to five people were shot Friday at Washington state's Marysville-Pilchuck High School, a federal law enforcement official told CNN.


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