Silicon Valley employees flex newfound political muscles
SAN FRANCISCO (Reuters) – Employees at several of the world’s biggest technology companies have been exercising newfound political power where…
Broadcom loses $19 billion in market value after bid to buy CA
(Reuters) – Chipmaker Broadcom Inc’s surprise bid to buy software company CA Inc for $18.9 billion wiped off the same…
Sky shares leap as Comcast and Fox lock horns in bid battle
LONDON (Reuters) – Sky (SKYB.L) shares leapt to an 18-year high on Thursday as investors bet a transatlantic battle for…
Papa John’s drops after report alleges chairman used racial slur
** Shares of Papa John’s International Inc (PZZA.O) pizza chain down 3.5 pct to a more-than-two-year low on Wednesday a…
Comcast makes higher offer for Sky, tops Fox bid
(Reuters) – Comcast Corp (CMCSA.O) on Wednesday raised its offer for Britain’s Sky (SKYB.L) in a deal valuing the pay-TV…
Chipmaker Broadcom nears $19 billion deal to buy software company CA: sources
(Reuters) – Broadcom Inc is nearing a roughly $19 billion deal to acquire business software company CA Inc, as it…
China’s ZTE clears hurdle to lifting U.S. ban
(Reuters) – The United States said on Wednesday that it signed an agreement with ZTE Corp (000063.SZ) that paves the…
Ex-Apple worker charged with stealing self-driving car trade secrets
SAN FRANCISCO (Reuters) – U.S. authorities on Monday charged a former Apple Inc employee with theft of trade secrets, alleging…
U.S. judge allows lawsuits over Monsanto’s Roundup to proceed to trial
(Reuters) – Hundreds of lawsuits against Monsanto Co by cancer survivors or families of those who died can proceed to…
U.S. mergers help bank fees spike to record highs
NEW YORK (LPC) – A record $1.45 trillion of US syndicated lending to companies for acquisitions, leveraged buyouts, dividends and…
Twitter says removal of fake accounts does not hurt user metrics
(Reuters) – Twitter Inc said on Monday it has removed fake accounts but that does not impact its reported user…
Air France KLM’s traffic rises, transport boss touted as new CEO
PARIS (Reuters) – Air France KLM (AIRF.PA), hit by strikes and without a CEO since May, reported higher passenger traffic…
Paypal to spend $3 billion a year on M&A: CEO to German paper
FRANKFURT (Reuters) – PayPal Holdings Inc is on the lookout for further acquisitions following its recent takeover of iZettle, the…
France says Europe united against U.S. tariffs as Germany eyes negotiation
AIX-EN-PROVENCE, France (Reuters) – The French government insisted on Sunday that Washington should expect united retaliation from Europe to further…
Huawei says does not expect U.S. sanctions: press
PARIS (Reuters) – China’s Huawei, the world’s largest maker of telecommunication network equipment, does not see itself becoming the target…
Dueling tariffs raise fears of long U.S.-China trade battle
BEIJING/WASHINGTON (Reuters) – A U.S.-China trade fight resulting in duties on $34 billion worth of each other’s imports was seen…
Wall Street rises on U.S.-EU trade relations optimism
NEW YORK (Reuters) – Wall Street’s major indexes rose on Thursday as reports that the United States and the European…
Samsung’s second quarter profit seen flagging as smartphone innovation dries up
SEOUL (Reuters) – Samsung Electronics Co Ltd (005930.KS) is expected to post its smallest profit growth in more than a…
Dell moves to go public, spurns IPO
(Reuters) – Dell Technologies Inc said on Monday it would pay $21.7 billion in to buy back shares tied to…
Tesla hits Model 3 production target, backs profit view
(Reuters) – Tesla Inc (TSLA.O) crossed its long-elusive target of producing 5,000 Model 3 cars in a week after several…
Exclusive: Tesla hits Model 3 manufacturing milestone, hours after deadline – factory sources
SAN FRANCISCO (Reuters) – Tesla Inc (TSLA.O) nearly produced 5,000 Model 3 electric sedans in the last week of its…
AbbVie, AndroGel partner owe $448 million in antitrust case: U.S. judge
(Reuters) – A U.S. judge on Friday found that pharmaceutical company AbbVie Inc used sham litigation to illegally prevent generic…
VW CEO says arrest of Audi’s Stadler hard to comprehend: Bild am Sonntag
BERLIN (Reuters) – The CEO of Volkswagen (VOWG_p.DE), Herbert Diess, told a German newspaper the arrest of Audi head Rupert…
Missouri appeals court tosses $55 million J&J talc-powder verdict
(Reuters) – A Missouri appeals court on Friday threw out a $55 million verdict against Johnson & Johnson in a…
Amazon to buy PillPack in potentially disruptive drug retail push
(Reuters) – Amazon.com Inc said on Thursday it would buy small online pharmacy PillPack, a move that will put the…
China’s Xiaomi prices HK IPO at bottom of range, raises $4.72 billion: sources
HONG KONG (Reuters/IFR) – China’s Xiaomi Corp (1810.HK) priced its Hong Kong initial public offering (IPO) at the bottom of…
Twitter, Facebook launch tools to track advertising
(Reuters) – Twitter Inc (TWTR.N) on Thursday made it easier for users to identify political campaign ads and know who…
U.S. fines CVS for failing to report opioid theft in New York
NEW YORK (Reuters) – CVS Health Corp agreed to pay a $1.5 million civil fine to resolve U.S. charges that…
Fox shareholder urges Murdoch to give Comcast time to beat Disney bid
(Reuters) – TCI Fund Management Ltd, a large Twenty-First Century Fox Inc (FOXA.O) shareholder, has urged Fox executive chairman Rupert…
U.S. jury orders DaVita to pay $383.5 million in wrongful death lawsuits
(Reuters) – A federal jury in Colorado has awarded $383.5 million to the families of three patients who said they…
UK’s accounts watchdog opens probe into Deloitte’s audit of SIG’s annual statements
(Reuters) – UK’s accounting watchdog said on Thursday it began an investigation into Deloitte LLP’s audit of two annual financial…
Conagra to buy Pinnacle for $8.1 billion, creating frozen food powerhouse
(Reuters) – Conagra Brands Inc (CAG.N) said on Wednesday it would buy Pinnacle Foods Inc (PF.N) for about $8.1 billion,…
Boeing’s engine proposal deadline looms for new mid-market jet: report
SEATTLE (Reuters) – Three of the largest engine makers face a Wednesday deadline to provide Boeing Co (BA.N) with formal…
Automakers warn U.S. tariffs will cost hundreds of thousands of jobs, hike prices
WASHINGTON (Reuters) – Two major auto trade groups on Wednesday warned the Trump administration that imposing up to 25 percent…
Sprint, T-Mobile defend proposed tie-up before U.S. Senate panel
WASHINGTON (Reuters) – T-Mobile’s planned $26 billion acquisition of rival mobile phone carrier Sprint Corp would add jobs and would…
U.S. gives Disney approval to buy Fox amid bidding war with Comcast
WASHINGTON (Reuters) – Walt Disney Co won U.S. approval to buy Twenty-First Century Fox Inc entertainment assets for $71.3 billion…
Deutsche Bank’s U.S. brokerage fined $1.4 million for reporting problems
NEW YORK (Reuters) – Deutsche Bank AG’s (DBKGn.DE) U.S. securities division agreed to pay a $1.4 million fine to the…
Apple, Samsung settle U.S. patent dispute
(Reuters) – Apple Inc and Samsung Electronics Co Ltd on Wednesday settled a seven-year patent dispute over Apple’s allegations that…
Fujifilm threatens to compete against Xerox if partnership not renewed
(Reuters) – Fujifilm Holdings Corp (4901.T) on Wednesday threatened to compete against Xerox Corp (XRX.N) in Asia-Pacific and challenge it…
Chinese telco Huawei lobbies hard to allay Australia’s security concerns
SYDNEY (Reuters) – Chinese telecom firm Huawei Technologies Co Ltd’s network equipment is “safe and secure”, its Australian chairman said…
Ex-Akebia employee jailed for night as insider trading trial starts
BOSTON (Reuters) – A former Akebia Therapeutics Inc (AKBA.O) employee accused of engaging in an insider trading scheme must spend…
Global stocks slide on intensifying trade row, dollar wobbles
TOKYO (Reuters) – World stocks extended a sell-off on Tuesday as an escalating trade fight between the United States and…
U.S. Supreme Court backs American Express in merchant fee dispute
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday sided with American Express Co and against 11 states, ruling that…
Clamor for GSK shingles shot points to bigger profits
LONDON (Reuters) – GlaxoSmithKline is facing “unprecedented” demand for its new shingles vaccine Shingrix, suggesting the product could be a…
Uber battles to keep London license in court appeal
LONDON (Reuters) – Uber goes to court on Monday to overturn a decision stripping it of its license in London…
Half of EU business leaders cut UK investment over Brexit: survey
FRANKFURT (Reuters) – Britain’s looming departure from the European Union has led nearly half of big companies from the rest…
UK ministers take aim at business over Brexit warnings
LONDON (Reuters) – The British government and business leaders clashed in a deepening row over Brexit on Sunday after a…
Fox spirits and demons: China’s tech giants splash out in cartoon arms race
HANGZHOU, China (Reuters) – Growing up in the Chinese port city of Dalian in the 1990s, Zhang Hongchang spent hours…
Wall Street Week Ahead: Supercharged telecom sector could become investor favorite
SAN FRANCISCO (Reuters) – An overhauled telecommunications sector featuring most of the so-called FANG stocks could debut as Wall Street’s…
South Korean steelmaker POSCO names head of Posco Chemtech as candidate for next leader
SEOUL (Reuters) – South Korean steelmaker POSCO on Saturday selected Choi Jeong-woo, the head of affiliate Posco ChemTech, as its…
U.S. District Court rules in favor of Lilly’s Alimta patent
(Reuters) – Eli Lilly and Co said on Friday a U.S. District Court ruled in favor of its patent on…
EU to respond to any U.S. auto tariff move: report
PARIS (Reuters) – The European Union will respond to any U.S. move to raise tariffs on cars made in the…
Xiaomi puts indefinite delay on CDRs in blow to China’s plans for tech listings
HONG KONG (Reuters) – Chinese smartphone maker Xiaomi Corp (IPO-XMGP.HK) said on Saturday there is no timeframe for a mainland…
China’s ZTE expected to take last step to lift ban: U.S. official
(Reuters) – ZTE Corp (000063.SZ) is expected to deposit $400 million in an escrow account in a U.S. bank in…
Satellite operator Echostar builds stake in bid target Inmarsat
LONDON (Reuters) – U.S. satellite operator Echostar (SATS.O) has built a near 3 percent stake in Inmarsat (ISA.L), the British…