Online lenders upbeat about turnaround progress, but worries linger

NEW YORK (Reuters) - LendingClub Corp and OnDeck Capital Inc surprised investors on Monday with strong growth forecasts that sent the online lenders' stocks soaring, but analysts said the sector's...

IBM to appeal judge's order to pay $78 million to Indiana

(Reuters) - International Business Machines Corp said on Monday it will appeal an Indiana judge's ruling that calls for the technology company to pay more than $78 million in damages...

Military can destroy drones over domestic U.S. bases: Pentagon

WASHINGTON (Reuters) - The Pentagon has given more than 130 U.S. military bases across the United States the green light to shoot down private and commercial drones that could endanger...

Tesla rally pushes funds, ETFs into big bets on shares

NEW YORK (Reuters) - Tesla Inc's more than 66 percent rally for the year is prompting some funds to make an outsized bet on the electric car maker. A total...

Vivendi says does not control Telecom Italia under Italian law

PARIS (Reuters) - French media giant Vivendi said on Monday it considered it had no "de facto control" over Telecom Italia under Italian law. "(Vivendi's) participation in Telecom Italia is...

Omega's Cooperman tells CNBC his biggest position is Alphabet

NEW YORK (Reuters) - Hedge fund investor Leon Cooperman, the chief executive of Omega Advisors, told cable television network CNBC on Monday that his firm's biggest position was a bullish bet on Google...

Avaya reaches deal with creditors to exit bankruptcy

WILMINGTON, Del (Reuters) - A path has been cleared for telecommunications company Avaya Inc to exit Chapter 11 bankruptcy in an agreement with its senior creditors and the government's pension...

Siemens to update medical scanner software to deal with security bugs

FRANKFURT (Reuters) - German industrial group Siemens (SIEGn.DE) expects to update software in some of its medical scanners by the end of the month to deal with vulnerabilities that could,...

CBS signs with AT&T to stream networks on DirecTV Now

(Reuters) - CBS Corp said on Monday it signed a deal for its shows to feature on AT&T Inc's DirecTV Now online streaming service. Under the agreement, DirecTV Now will...

Netflix buys comic book publisher run by 'modern-day Stan Lee'

(Reuters) - U.S. video streaming company Netflix Inc (NFLX.O) said on Monday it bought comic book publisher Millarworld, home to titles such as "Kick-Ass" and "Kingsman," in its first ever...