Qualcomm-NXP deal still waiting for China nod: sources
BEIJING/SHANGHAI (Reuters) – China is yet to approve U.S. chipmaker Qualcomm Inc’s (QCOM.O) proposed $44 billion acquisition of NXP Semiconductors…
Medical device maker Stryker makes takeover approach to Boston Scientific: WSJ
(Reuters) – Medical device maker Stryker Corp has made a takeover approach to rival Boston Scientific Corp, the Wall Street…
U.S. job growth seen picking up, wage growth likely moderate
WASHINGTON (Reuters) – U.S. job growth likely accelerated in May as warmer weather boosted hiring at construction sites, but wage…
Wall Street’s ‘Sell in May’ could be fading away
NEW YORK (Reuters) – “Sell in May and go away,” arguably the most well-worn axiom on Wall Street, has proven…
Brookfield in talks to acquire stake in Kushner-owned tower: source
NEW YORK (Reuters) – Brookfield Property Partners is in talks to acquire a stake in a Fifth Avenue office tower…
U.S. labor market tightening; mid-Atlantic factory activity picks up
WASHINGTON (Reuters) – New applications for U.S. jobless benefits increased more than expected last week, but the number of Americans…
Merck KGaA’s lung cancer drugs show promise in early-stage trials
FRANKFURT (Reuters) – Germany’s Merck KGaA said two of its experimental oncology drugs showed early signs of promise in certain…
Deutsche Boerse’s chairman signals may not serve full term
FRANKFURT (Reuters) – The chairman of Deutsche Boerse’s (DB1Gn.DE) supervisory board said on Wednesday he would not insist on serving…
Deutsche Boerse CEO on the hunt for acquisitions
FRANKFURT (Reuters) – Deutsche Boerse’s (DB1Gn.DE) chief executive is on the lookout for acquisitions as one of the pillars of…
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…
Soft China April investment, retail sales suggest economy losing steam
BEIJING (Reuters) – China reported weaker-than-expected investment and retail sales in April and a drop in home sales, clouding its…
Xerox says ending Fujifilm deal, settles with Icahn, Deason
NEW YORK (Reuters) – Xerox Corp (XRX.N) said on Sunday it was ending its planned deal with Fujifilm Holdings Corp…
Silver Lake to buy Zoopla and PrimeLocation for $3 billion
(Reuters) – Silver Lake Management Company has agreed to acquire ZPG plc (ZPG.L), the owner of British property websites Zoopla…
Vodafone challenges Deutsche Telekom with $21.8 billion Liberty deal
LONDON (Reuters) – Vodafone (VOD.L) has agreed to pay $21.8 billion to buy Liberty Global’s (LBTYA.O) assets in Germany and…
Exclusive: Hudson’s Bay seeks to revive Lord & Taylor’s fortunes
(Reuters) – Hudson’s Bay Co (HBC.TO) is working with investment bankers and consultants to identify deals and new measures to…
Buffett’s Berkshire swings to rare loss but performs better
OMAHA, Neb. (Reuters) – Warren Buffett lost money but had a pretty good quarter. A shareholder takes a picture of…
Four found guilty in insider trading case linked to U.S. health agency
NEW YORK (Reuters) – Two partners at the hedge fund Deerfield Management and two others were found guilty on Thursday…
Marathon to become top U.S. refiner with $23 billion Andeavor buy
(Reuters) – Marathon Petroleum Corp (MPC.N) agreed to buy rival Andeavor (ANDV.N) for more than $23 billion in the largest-ever…
U.S. banks push mortgage apps as home lending slows
NEW YORK (Reuters) – Big U.S. banks are racing to launch websites and mobile apps to make getting a mortgage…
Trump’s next $100 billion tariff dilemma: hit Wal-Mart or Apple Store?
WASHINGTON (Reuters) – U.S. consumers may be about to directly feel the effects of the trade fight started by U.S.…
Wall Street falls on investor nerves about interest rates, tech
NEW YORK (Reuters) – Wall Street’s three major indexes declined on Friday as investors worried about a jump in U.S.…