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  • FILE PHOTO: A 2018 Chevrolet Bolt EV is displayed during  the North American International Auto Show in Detroit

    GM's Maven may compete with Lyft and Uber in ride services

    By Paul Lienert, Reuters

    (Reuters) - General Motors Co's Maven car sharing and rental unit could wind up competing with two of its biggest customers, Uber Technologies and Lyft Inc, with an ambitious expansion plan that...

  • U.S. President Donald Trump departs to travel to New York from the White House in Washington, U.S. August 14, 2017.  REUTERS/Jonathan Ernst

    Instant View: Reaction to disbanding of Trump business councils

    By Susan Heavey and Jeff Mason, Reuters

    The move came after more corporate chief executives who had been members of the panels said they would no longer serve on them. COMMENTS: JOHN DOYLE, DIRECTOR OF MARKETS, TEMPUS CONSULTING,...

  • U.S. President Donald Trump reacts to questions at his Trump Tower residence in New York, U.S., August 15, 2017. REUTERS/Kevin Lamarque

    Trump business policy forum says disbanding due to 'distraction'

    By Susan Heavey and Jeff Mason, Reuters

    "As such, the President and we are disbanding the Forum," the group said. "Intolerance, racism and violence have absolutely no place in this country and are an affront to core American values," it...

  • FILE PHOTO - William 'Bill' Ackman, CEO and Portfolio Manager of Pershing Square Capital Management, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan McDermid

    Ackman says owned stake in Hilton, a previously unnamed bet

    By Svea Herbst-Bayliss, Reuters

    BOSTON (Reuters) - Investor William Ackman said on Wednesday his hedge fund had bought and sold a stake in Hilton Worldwide Holdings, identifying the portfolio company that recently earned him a...

  • The seal for the Board of Governors of the Federal Reserve System is displayed in Washington, U.S., June 14, 2017.   REUTERS/Joshua Roberts

    Factbox: Fed staff forecasts from FOMC minutes

    By Lindsay Dunsmuir and Jason Lange, Reuters

    For a full text, see JULY 25-26 FOMC: Minutes released on Aug. 16: "The U.S. economic projection prepared by the staff for the July FOMC...


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