WASHINGTON - U.S. consumer confidence rebounded strongly in March amid optimism over the labor market while house prices increased in January, hopeful signs that a recent sharp slowdown in economic activity was probably a blip.
Recent Business News
BRUSSELS - European Union antitrust regulators have asked Luxembourg for more information on its tax rulings on McDonald's after labor unions and a charity accused the U.S. fast food chain of avoiding taxes, a person involved in the issue said on Tuesday.
- Comcast Corp , the largest U.S. cable operator, will form a company to invest in growth-oriented companies both in the United States and international markets, and it said its finance chief would leave his post and head the new company.
SAN FRANCISCO - Ellen Pao faces an uphill battle should she choose to appeal her defeat last week in a gender discrimination lawsuit against former employer Kleiner, Perkins, Caufield & Byers, the Silicon Valley venture capital firm.
PARIS - Vivendi employees have come out in support of chairman and largest shareholder Vincent Bollore and have opposed a call by a U.S. hedge fund to sell one of the French media group's two remaining businesses.
LONDON - Hewlett-Packard Co has lodged a claim in London against Michael Lynch and a former colleague for damages of about $5.1 billion over their management of Autonomy, the company it bought in 2011.