Asian shares hitch a ride on Wall Street's record

TOKYO - Asian shares rose in early trading on Friday, after upbeat U.S. data sparked another record close on Wall Street.

Recent Business News

U.S. court denies Allergan bid to speed insider trading suit

- A federal judge in California on Thursday denied a request by Allergan Inc to expedite its civil suit claiming that Valeant Pharmaceuticals International Inc and Pershing Square Capital Management engaged in insider trading ahead of their bid to buy Allergan.

Exclusive: Lockheed, suppliers brainstorm how to lower F-35 operating costs

WASHINGTON - Lockheed Martin Corp met with 90 key suppliers last week to brainstorm ways to lower the long-term cost of operating and maintaining the F-35 fighter jets from the Pentagon's current forecast of $1.02 trillion through 2065.

6:02pm EDT

Exclusive: Ouya scores Xiaomi partnership to take games to China

SAN FRANCISCO - U.S video game service Ouya is turning to Asia to capture the growth that has eluded the startup on its own home turf.

Tech, Deals, Media 5:02pm EDT

Exclusive: Chrysler's Ram pickup may stick with steel through 2020 - sources

DETROIT - Chrysler Group [CHRY.UL] is planning an extensive facelift of its full-size Ram 1500 pickup in spring 2017, but has no firm plans to follow rivals General Motors and Ford Motor Co in replacing steel body panels with aluminum until a complete redesign after 2020, industry sources told Reuters.

6:19pm EDT

JPMorgan customers targeted in email phishing campaign

BOSTON/NEW YORK - Fraudsters are targeting JPMorgan Chase & Co customers in an email "phishing" campaign that is unusual because it attempts to collect credentials for that bank and also infect PCs with a virus that steals passwords from other institutions.

4:46pm EDT


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