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Sky says it could shut Sky News if Fox takeover blocked
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Sky says it could shut Sky News if Fox takeover blocked
Sky says it could shut Sky News if Fox takeover blocked: Fox’s 10.75 pound-a-share bid to acquire the 61 percent of Sky that it does not already own is being investigated by Britain’s Competition and Markets Authority (CMA), which is exa...
Amazon rivals turn to legal fine print to stem Whole Foods strategy
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Amazon rivals turn to legal fine print to stem Whole Foods strategy
Amazon rivals turn to legal fine print to stem Whole Foods strategy: As City Center mall’s largest tenant, Target Corp had a say over changes to the property. According to people familiar with the lease discussions, Target...
CVS deal for Aetna could help retailer face Amazon entry
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CVS deal for Aetna could help retailer face Amazon entry
CVS deal for Aetna could help retailer face Amazon entry: Shares of Aetna, the third-largest U.S. health insurer, closed down 3 percent on Friday after closing 12 percent higher on Thursday on reports of the deal. CVS Health was down 5.9...
JPMorgan partners with data start-up to boost fixed-income trading
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JPMorgan partners with data start-up to boost fixed-income trading
JPMorgan partners with data start-up to boost fixed-income trading: The bank, whose fixed-income trading revenue slumped last quarter, has signed a multi-year deal to use Mosaic Smart Data’s technology division globally, the...
Bankrupt U.S. retailers begin to catch a break
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Bankrupt U.S. retailers begin to catch a break
Bankrupt U.S. retailers begin to catch a break: An unexpected helping hand from creditors, landlords and vendors is allowing more U.S. retailers to stay in business following bankruptcy with most of their stores and employees in the fold.
The new...
Top NAFTA negotiators join talks as U.S. presents draft text on labor
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Top NAFTA negotiators join talks as U.S. presents draft text on labor
Top NAFTA negotiators join talks as U.S. presents draft text on labor: The United States on Tuesday unveiled draft text on labor standards during the negotiations on modernizing the North American Free Trade Agreement as top...
Wall Street ends higher dollar down after Fed minutes
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Wall Street ends higher dollar down after Fed minutes
Wall Street ends higher dollar down after Fed minutes: Wall Street stocks rose on Wednesday as the minutes from the Federal Reserve’s September policy meeting merely confirmed expectations that interest rates would rise, while the euro gained...
Roku hits record high on Philips licensing deal
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Roku hits record high on Philips licensing deal
Roku hits record high on Philips licensing deal: Roku Inc’s shares surged nearly 43 percent to a record high on Monday after the streaming device maker said it signed a licensing deal that would put its technology on Philips-branded televisions in t...
Amazon gains wholesale pharmacy licenses in many U.S. states
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Amazon gains wholesale pharmacy licenses in many U.S. states
Amazon.com Inc has gained approval from a number of state pharmaceutical boards to become a wholesale distributor, St. Louis Post-Dispatch reported on Thursday, citing public records.
The news send the shares of U.S. pharmacy chains,...
T-Mobile Sprint plan merger without selling assets
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T-Mobile Sprint plan merger without selling assets
T-Mobile Sprint plan merger without selling assets: While it is common for companies not to unveil divestitures during merger announcements, T-Mobile’s and Sprint’s approach shows that the companies plan to enter what could be challenging...
TPP countries to discuss agreement in principle on trade deal
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TPP countries to discuss agreement in principle on trade deal
TPP countries to discuss agreement in principle on trade deal: The remaining 11 countries in the Trans Pacific Partnership (TPP) trade deal will discuss a proposal for an agreement in principle to proceed after the withdrawal of the...