Bloomberg |
BAT Agrees to Pay $49.4 Billion to Buy Out Reynolds American
Bloomberg British American Tobacco Plc raised the cash portion of its bid for full control of Reynolds American Inc., offering about $49.4 billion in a deal that would create the world's largest publicly traded tobacco company and unify brands such as Lucky … BAT Reaches Agreement to Buy Reynolds for $49.8 BillionTheStreet.com BAT to pay $49 bln for full control of ReynoldsMarketWatch British American Tobacco takes control of Reynolds for $49bnBBC News Reuters –Wall Street Journal –Nasdaq –Financial Times all 32 news articles » |
The Fiscal Times |
Hyundai highlights US spending plan before Trump inaugurated
Washington Post SEOUL, South Korea — Hyundai Motor Group said Tuesday it will significantly increase its investment in the U.S. while Donald Trump is president and is considering building a new U.S. factory, in an unusual disclosure of its mid-term investment plan in … Hyundai-Kia Plan $3.1 Billion U.S. Investment, Mull New PlantBloomberg Hyundai to invest $3.1 billion in US plantsMarketWatch Hyundai Motor says "may consider" expanding US factory, but only if necessaryYonhap News BusinessKorea all 8 news articles » |
ZDNet |
Baidu appoints former Microsoft, Yahoo executive as group president and COO
ZDNet Baidu has announced the appointment of Dr Qi Lu as its group president and chief operating officer, who will be responsible for the organisation's products, technology, sales, marketing, and operations, effective immediately. Lu joins the search engine … Former Microsoft executive and noted AI expert Qi Lu joins Baidu as COOTechCrunch Baidu names former Microsoft exec as COO in artificial intelligence pushCNBC Microsoft Veteran Will Help Run Chinese Search Giant BaiduBloomberg VentureBeat –The Seattle Times –Investor’s Business Daily –South China Morning Post all 16 news articles » |
TheBull.com.au |
Rio Tinto annual iron ore shipments rise
MarketWatch SYDNEY–Rio Tinto PLC RIO exported more cargoes of iron ore in 2016 as it continued to ratchet up production from a recently expanded network of mines in a remote part of Australia. The Anglo-Australian company on Tuesday reported iron-ore shipments … Rio Tinto payout hopes brighten on solid outlook for 2017Reuters Rio Tinto hits 2016 iron ore guidanceCNBC Rio Tinto recoups lost ground in iron ore output as price risesThe Sydney Morning Herald The Wall Street Transcript –NEWS.com.au –ABC Online –The Australian all 30 news articles » |
Bloomberg |
Billionaire Luxottica Founder Secures Legacy With Essilor Deal
Bloomberg For years, Leonardo Del Vecchio has sought to find a successor at Luxottica Group SpA, the eyewear retailer and manufacturer he founded in 1961. The 81-year-old has seen the departure of a slew of top executives in recent years, and he has made it … Newsmaker – Luxottica's merger helps Del Vecchio manage family risksReuters Eyewear giant to emerge from tie-up of Luxottica, EssilorTribune-Review Luxottica, Owner of Ray-Ban, in $49 Billion Merger With EssilorNew York Times Business Insider –wtvr.com –SFGate –International Business Times UK all 116 news articles » |
Los Angeles Times |
American Apparel starts mass layoffs as company winds down operations
Los Angeles Times American Apparel was once a fashion industry trailblazer with its colorful basics, provocative marketing and commitment to U.S. manufacturing. But after years of financial strife and corporate intrigue, the company began laying off 2,400 workers in … Bankrupt Retailer American Apparel Begins Laying Off Thousands of WorkersFortune Bankrupt US retailer American Apparel starts layoffsReuters American Apparel to close all of its storesSanta Rosa Press Democrat Huffington Post –L.A. Weekly –AOL News –PerezHilton.com all 98 news articles » |
The Hill |
Trump criticizes controversial piece of House GOP tax plan
The Hill President-elect Donald Trump · Donald TrumpMcCain leans toward voting for Tillerson CIA director on Trump dossier: 'Was I a leaker of this? No.' Green Day drops new anti-Trump music video MORE criticized a key piece of the House Republicans' … Trump, House Republicans may butt heads on tax planFox News Donald Trump criticizes House Republicans' tax plan: WSJCNBC Trump voters set own priorities for the first 100 daysPolitico Business Insider –Accounting Today –Albuquerque Journal –The Libertarian Republic all 28 news articles » |
CNNMoney |
What Are the 'FANG' Stocks? A Short Explainer
SFGate CNBC's Jim Cramer is known for his voluble stock advocacy, but the “Mad Money” host also made a key contribution to contemporary Wall Street lexicon, as he's the one who coined “FANG” as a term for the stocks of Facebook, Amazon, Netflix and Google … Facebook, Amazon, Netflix, Alphabet Q4 Earnings Preview: What to Watch ForChron.com Tech stocks soar as growth trumps Trump fearsCNNMoney Certain Stocks React Positively With Change Coming to WashingtonMy Twin Tiers.com |
Bloomberg |
Rolls to Pay $807 Million to End U.K., U.S. Bribery Probes
Bloomberg Rolls-Royce Holdings Plc agreed to pay about 670 million pounds ($807 million) to resolve long-running U.S. and U.K. investigations into allegations its representatives bribed foreign officials to win business. Europe's largest maker of commercial jet … Rolls-Royce To Pay $800M to U.S., U.K., Brazil in Bribery SettlementsTheStreet.com Rolls-Royce pays to settle bribery casePress Herald Rolls-Royce Reaches $809 Million Settlement Over Bribery ProbesFortune New York Times –BBC News –PR Newswire (press release) –BT.com all 58 news articles » |
USA TODAY |
Study: 8 people have same wealth as world's poorest half
USA TODAY Income inequality is so now lopsided that eight men now own the same amount of wealth as the poorest half of the world. A top corporate CEO earns as much in a year as 10,000 garment factory workers in Bangladesh. And the world's 10 biggest corporations … Who are the 8 richest people? All men, mostly AmericansWashington Post Simple Redistribution From The Wealthiest Won't Fix Income InequalityForbes Report: Eight Men Own as Much Wealth as Half the World's PopulationVoice of America Salon –Fortune –New York Daily News –MarketWatch all 218 news articles » |