Career News 24/7: Before the Bell: U.S. would face hurdles bringing case against Icahn, Mickelson: lawyers

Monday, June 2, 2014

Before the Bell: U.S. would face hurdles bringing case against Icahn, Mickelson: lawyers

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06/2/2014

Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between

U.S. would face hurdles bringing case against Icahn, Mickelson: lawyers

NEW YORK (Reuters) - Questions about how to apply securities law to activist investors could complicate any potential insider trading case against billionaire Carl Icahn, pro-golfer Phil Mickelson and Las Vegas gambler William Walters, legal experts said.

U.S. safety regulators probe Chrysler airbag recall

DETROIT (Reuters) - U.S. safety regulators are investigating Chrysler Group's 2012 recall of 744,822 sport utility vehicles in the United States after six consumers complained of inadvertent airbag deployments even after fixes were made.

China PMI lifts shares, commodities, euro soft ahead of ECB

LONDON, (Reuters) - Reassuring Chinese factory data and another record high for Wall Street lifted world stocks and commodities on Monday, as markets waited to see how far the European Central Bank will go with policy easing plans this week.

Exclusive: Abe growth plan draft pledges wide-ranging reforms

TOKYO (Reuters) - Japan's government will adopt a new corporate governance code, promote technology from service-sector robots to hydrogen stations for cars and court private investment for infrastructure, according to a draft plan of Prime Minister Shinzo Abe's growth strategy.

U.S. futures imply flat open with indexes at record levels

NEW YORK (Reuters) - U.S. stock index futures pointed to a flat open on Monday, with investors finding few reasons to keep pushing shares higher, with the Dow and S&P 500 at record levels.

Japan's Dai-ichi Life in talks to buy Protective Life for $5 billion: source

TOKYO (Reuters) - Japanese insurer Dai-ichi Life Co is in advanced talks to buy U.S. peer Protective Life Corp in a deal that could be worth over $5 billion, extending a drive to buy assets abroad as an antidote to a weak domestic outlook.

Fed's Evans says timing of rate hike will depend on inflation outlook

ISTANBUL (Reuters) - The timing of any rise in U.S. interest rates will depend to a large extent on the outlook for inflation, which remains below target, meaning a hike may not come until next year or even 2016, Chicago Fed President Charles Evans said on Monday.

China accelerates as euro zone stumbles

LONDON/BEIJING(Reuters) - Signs of an economic revival in China have raised hopes that Beijing's targeted measures to bolster growth are having an impact but a slowdown in the euro zone will increase expectations of policy easing there.

Deal or no deal? EU-Canada trade deal falters at final hurdle

BRUSSELS/OTTAWA (Reuters) - Canada and the European Union are struggling to finalize a multi-billion dollar trade pact six months after political leaders said it was sealed, an embarrassment for Brussels as it seeks a far bigger deal with the United States.

Samsung to launch first Tizen-based smartphone

SEOUL (Reuters) - Samsung Electronics Co Ltd plans to launch the first smartphone based on its Tizen operating system in the third quarter, marking the company's latest bid to build up its own ecosystem and reduce reliance on Google Inc's Android.