Lachlan Murdoch to be CEO of new Fox after Disney deal
(Reuters) – Twenty First Century Fox (FOXA.O) said on Wednesday Executive Chairman Lachlan Murdoch will serve as chairman and CEO of the proposed new Fox, following the sale of its…
Sivantos and Widex in $8 billion merger to create No.3 in hearing aids
COPENHAGEN/FRANKFURT (Reuters) – Hearing aid makers Widex and Sivantos are merging to create an industry number three that can invest more in digital devices and step up the challenge to…
Netflix’s next act: feeding the service with its own movies
LOS ANGELES (Reuters) – As Hollywood studios unleash their summer blockbusters into theaters, Netflix Inc is trying to give film buffs a reason to stay home. The streaming service is…
Italian stocks slide, dollar powers on to new 2018 high
LONDON (Reuters) – Italian stocks slid on Wednesday after reports that the two parties seeking to form Italy’s next government might seek debt forgiveness, while the dollar ignored a pull-back…
Novartis top lawyer exits in wake of Trump attorney deal
ZURICH (Reuters) – Novartis (NOVN.S) General Counsel Felix Ehrat will leave the Swiss drugmaker over his role in a $1.2 million contract it struck with the personal lawyer for U.S.…
Novartis ditches lawyer as head rolls over Trump lawyer deal
ZURICH (Reuters) – Novartis (NOVN.S) General Counsel Felix Ehrat will leave the Swiss drugmaker over his role in a $1.2 million contract it struck with the lawyer for U.S. President…
U.S. lawmakers push back on Trump talk of helping China’s ZTE
WASHINGTON (Reuters) – U.S. lawmakers on Tuesday rejected any plan by President Donald Trump to ease restrictions on China’s ZTE Corp (000063.SZ), calling the telecommunications firm a security threat and…
Asian shares lower as North Korea suspends talks, U.S. yields shoot higher
SHANGHAI (Reuters) – Asian markets fell in early trade on Wednesday after Pyongyang called off talks with Seoul, throwing a major U.S.-North Korean summit into question, and a spike in…
Mexico says NAFTA deal unlikely this week, signing possible this year
MEXICO CITY (Reuters) – Mexico’s economy minister said on Tuesday that he saw diminishing chances for a new North American Free Trade Agreement ahead of a May 17 deadline to…
A bid to save $300 million at HCR ManorCare, and disrupt U.S. healthcare
CHICAGO (Reuters) – Thomas DeRosa is making a $4 billion bet that he can build a national, low-cost healthcare network for America’s aging population that will succeed where so many…