GM's autonomous vehicle unit gets $2.25 billion funding from SoftBank

(Reuters) - General Motors Co said on Thursday that Japan's SoftBank Group Corp will invest $2.25 billion through its Vision Fund in GM Cruise Holdings LLC, the carmaker's autonomous vehicle unit.

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The rise of the apprentice: a European tradition comes to the U.S

NEW YORK (Reuters) - The growing number of apprenticeships in the U.S. has more to do with European companies importing the practice into their American operations than with the long-running NBC television reality show and its former host who now lives in the White House.

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U.S. to impose tariffs on EU steel, aluminum: sources

WASHINGTON/PARIS (Reuters) - Washington will announce plans to impose tariffs on EU steel and aluminum imports as early as Thursday, two sources said, while a magazine reported President Donald Trump was now focused on pushing German cars from the country.

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SoftBank Vision Fund to invest $2.25 billion in GM Cruise

(Reuters) - General Motors Co said on Thursday that Japan's SoftBank Group Corp will invest $2.25 billion through its Vision Fund in GM Cruise Holdings LLC, the carmaker's autonomous vehicle technology.

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Pensions regulator head Lesley Titcomb to step down

The head of The Pensions Regulator, Lesley Titcomb, will leave in February at the end of her contract.

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Sears to close 72 stores in near future

Sears to close 72 stores in near future



The stores destined for closure have not yet been revealed, but the company said it would identify them by mid-day.

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Sears, Kmart to 72 stores in near future

Sears, Kmart to 72 stores in near future



The company said that it came to the decision as part of their ongoing efforts to streamline its operations.

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Trump plans to go ahead with steel, aluminum tariffs on EU

Trump plans to go ahead with steel, aluminum tariffs on EU



President Donald Trump's administration is planning to impose tariffs on European steel and aluminum imports after failing to win concessions from the European Union, a move that could provoke retaliatory tariffs and inflame trans-Atlantic trade tensions.

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Will Congress regulate social media over conservative censorship?

Will Congress regulate social media over conservative censorship?



Former Hillary Clinton Presidential Campaign Director Adrienne Elrod and former Trump campaign manager Corey Lewandowski on concerns of conservative censorship in social media.

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Workers to vote on 'micro union' at Boeing South Carolina plant

NORTH CHARLESTON, S.C. (Reuters) - A small group of workers at Boeing Co's South Carolina jetliner factory is voting on Thursday on whether to form a "micro union," despite efforts by Boeing to challenge the election.The National Labor Relations Board said last week that 178 Boeing flight-line readiness technicians and technician inspectors could lawfully take a vote on whether to join the International Association of Machinists and Aerospace Workers, and set the election for Thursday.In a motio

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3 Biotechs With Huge FDA Decisions in June

3 Biotechs With Huge FDA Decisions in June



The clock is ticking for these biotechs hoping to score key regulatory victories.

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Sears first-quarter revenue falls 31 percent

Sears first-quarter revenue falls 31 percent



Sears reversed direction in the first quarter, reporting a loss where it had a profit a year ago.

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AP Explains: 'Zombies' vs 'Frankenstein' in Spanish politics

AP Explains: 'Zombies' vs 'Frankenstein' in Spanish politics



Will Spain move from a "zombie Cabinet" to a "Frankenstein government?"

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Asian and European shares rise on promising Chinese data

Asian and European shares rise on promising Chinese data



U.S. stocks are climbing Wednesday morning, recovering some of the ground they lost the day before, as investors hope Italy might be able to avoid a new round of elections.

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DealBook Briefing: Wall Street’s Return to the Wild West

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Exclusive: Russia's Deripaska empire bets on mid-summer plan to escape U.S. sanctions

LONDON (Reuters) - The aluminum empire of Russian magnate Oleg Deripaska is in close contact with the U.S. Treasury, but needs until mid-summer to come up with a plan to meet U.S. requirements to escape sanctions, the chairman of its holding company told Reuters.

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Nokia sells digital health venture, executive to leave

HELSINKI (Reuters) - Nokia said on Thursday it had sold its small digital health business, including activity trackers and smartwatches, and said the head of its Technologies unit would step down.

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Jonathan Haskel appointed to Monetary Policy Committee

The latest appointment to the Bank of England committee means it still has only one female member.

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Deloitte and former Autonomy finance chiefs face action

The accountancy watchdog is taking disciplinary action against former Autonomy finance chiefs and its auditors.

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Stocks, euro, Italian bonds make second day of gains

LONDON (Reuters) - World stocks, the euro and Italian bonds all made a second day of gains on Thursday, after renewed efforts from politicians in Rome to form a government and data from China pointed to its giant economy performing well.

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No signs of de-escalation in trade dispute with U.S.: Germany's Scholz

BERLIN (Reuters) - There are no signs of a de-escalation in the trade dispute between Europe and the United States, German Finance Minister Olaf Scholz said in a Reuters interview published on Thursday, adding the EU's response to any U.S. tariffs must be strong.

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Unilever CEO in no rush to quit, prefers internal successor: Bernstein

(Reuters) - Unilever's outgoing veteran chief executive, Paul Polman, may stay long enough to see the company through to its 2020 targets and would prefer an internal candidate as his replacement, brokerage Bernstein said.

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Stanley Cup Final: Caps tie series with 3-2 win

Stanley Cup Final: Caps tie series with 3-2 win



The Caps stole home-ice advantage with their first-ever Final win.

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