Reuters Business Today: March 15, 2017

Click to View in Browser Wednesday, March 15, 2017 Fed expected to raise rates as U.S. economy flexes muscle WASHINGTON (Reuters) - The Federal Reserve is expected to raise interest rates for the second time in three months on Wednesday, encouraged by strong monthly job gains and confidence that inflation is finally rising to its target. AT&T's $85.4 billion deal for Time Warner wins EU thumbs-up (Reuters) - AT&T Inc has won approval from the European Commission for its planned $85.4 billion acquisition of Time Warner Inc, the No. 2 U.S. wireless carrier said on Wednesday. Futures slightly higher as focus shifts to Fed (Reuters) - U.S. stock index futures were slightly higher on Wednesday as investors focused on a Federal Reserve meeting, where the central bank is widely expected to raise interest rates for the second time in three months. Toshiba offers memory chip shares as collateral for loans: sources TOKYO (Reuters) - Japan's crisis-racked Toshiba Corp has offered shares in its memory chip unit to creditors as collateral to secure debt refinancing, people briefed on the matter said on Wednesday. German prosecutors searching Audi offices in Germany INGOLSTADT, Germany (Reuters) - German prosecutors searched Audi's two biggest plants and several other sites on Wednesday in connection with an emissions cheating scandal, adding to pressure on Volkswagen's luxury division and its Chief Executive Rupert Stadler. GM will rehire 500 workers in Michigan slated for layoff WASHINGTON (Reuters) - General Motors Co plans next year to rehire 500 workers at a Michigan assembly plant who are to be laid off in May, citing increased demand for larger vehicles, the company said on Wednesday. CEO of Australia's Atlassian says he'll meet seven-day Tesla batteries deadline SYDNEY (Reuters) - The co-founder of Australian software firm Atlassian Corp Plc said on Tuesday he was close to meeting a self-imposed one-week deadline of getting political and financial support for a plan to use batteries from Tesla Inc to bridge an electricity supply gap in South Australia. Wells Fargo, RBS, Deutsche Bank in $165 million NovaStar settlement NEW YORK (Reuters) - Wells Fargo & Co, Royal Bank of Scotland Group Plc and Deutsche Bank AG have reached a $165 million class-action settlement of investor claims over their underwriting for the now-bankrupt subprime lender NovaStar Mortgage Inc. Unilever review covers costs, deals, balance sheet: FT LONDON (Reuters) - Unilever is considering returning cash to shareholders, making medium-sized acquisitions and more aggressive cost cuts as part of its business review, the Financial Times reported. McDonald's, late to mobile ordering, seeks to avoid pitfalls CHICAGO (Reuters) - McDonald's Corp has begun testing its long-awaited U.S. mobile ordering app, with the goal of avoiding the kinds of service hiccups that have haunted digital debuts by companies such as Starbucks Corp. Related Video Power plant spinoff burns a hole in E.On's books Energy drags Wall Street lower Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook