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Deere raises profit forecast as it sees recovery signs

  Bloomberg Deere & Co., the world’s biggest maker of farm machinery, raised its 2017 profit outlook and pointed to signs that the worst may be over in a years-long industry slump. Sales of the company’s signature green-and-yellow agriculture and turf equipment will rise about 3 percent in the fiscal year through October, while construction and forestry sales will climb ...

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US probes possible abuse of ‘kill switches’

  Bloomberg A US regulator is looking at whether auto finance companies that use sophisticated technology like ignition kill switches are illegally harassing subprime borrowers that have fallen behind on their payments. The Federal Trade Commission, a consumer protection agency, has asked for information from at least two lenders, according to securities offering documents from both companies this month obtained ...

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T-Mobile rises on report SoftBank open to Sprint combination

  Bloomberg T-Mobile US Inc. rose as much as 5.3 percent following a report that SoftBank Group Corp. would be willing to give up control of Sprint Corp. if it would help cement a potential merger of the two mobile-phone carriers. SoftBank can’t yet talk to T-Mobile’s parent company, Deutsche Telekom AG, because of a gag rule related to an ...

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