U.S. appeals court to reconsider Hyundai-Kia gas mileage settlement

A U.S. appeals court will reconsider its decision to throw out a $210 million nationwide class-action settlement for owners of Hyundai Motor Co and Kia Motors Corp vehicles whose fuel economy was inflated.

CBS probes misconduct claims against CEO Moonves amid legal battle

U.S. broadcasting and media company CBS Corp said on Friday it was investigating allegations of personal misconduct by its chief executive Leslie Moonves ahead of an upcoming New Yorker article that is expected to detail the claims.

New York state revokes approval of Charter-Time Warner Cable deal

The New York State Public Service Commission said Friday it revoked its approval of the 2016 merger agreement between Charter Communications Inc and Time Warner Cable, arguing that Charter failed to build out its network for enough homes, and said the company must end its operations in the state.

Tech stocks weigh on Wall Street

Wall Street's major indexes were lower on Friday as weak earnings reports from major technology companies weighed on the sector.

Sanctions blamed as Silicon Valley firms won't ship some kit to Russia

Two Silicon Valley firms have stopped shipping some electronic components to Russian customers even though they are not on the list of firms subject to U.S. sanctions, according to sources who work in the sector and a document seen by Reuters.

IBM wins $83 million from Groupon in internet patent fight

A U.S. jury on Friday awarded International Business Machines Corp $83 million in a patent dispute with e-commerce company Groupon Inc .

Trump hails growth as one-offs and consumers boost economy

The U.S. economy grew at its fastest pace in nearly four years in the second quarter as consumers boosted spending and farmers rushed shipments of soybeans to China to beat retaliatory trade tariffs before they took effect in early July.

Factbox: Trump touts strong economy; facts are more nuanced

U.S. President Donald Trump on Friday hailed a report on economic growth as a sign that the economy was mounting a remarkable turnaround under his stewardship. The facts are more nuanced.

Interactive Brokers increases margin requirement for Tesla

Interactive Brokers Group said on Friday it will increase margin requirements for clients making Tesla Inc bets due to recent volatility in shares of Elon Musk's electric car company.

Caterpillar results likely to shed light on tariffs fallout

When Caterpillar Inc reports earnings on Monday, investors will focus on the heavy equipment maker's ability to adjust its prices in the face of rising materials costs that are expected to pressure profit margins.

Speculative U.S. 10-year T-note net shorts hit record high -CFTC

Speculators' net bearish bets on U.S. 10-year Treasury note futures rose to a record high this week following reports the Bank of Japan may reduce its easy monetary policy, according to Commodity Futures Trading Commission data released on Friday. The amount of speculators' bearish, or short, positions in 10-year Treasury futures exceeded bullish, or long, positions by 509,498 contracts on July 24, according to the CFTC's latest Commitments of Traders data. A week

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