Mattel rejects renewed merger bid from rival MGA Entertainment
Toymaker Mattel Inc last week rejected another merger offer from Bratz doll maker MGA Entertainment Inc, MGA’s chief executive officer, Isaac Larian, said on Tuesday.
The media has a big problem, Reuters Institute says: Who will pay for the news?
News organizations are being challenged by technology giants and unsettled by a broader lack of trust but they have a much deeper problem: most people don’t want to pay for online news, the Reuters Institute found.
Dash for growth at company founded by Indian yoga guru leads to stumbles
Three years ago, Indian yoga guru and entrepreneur Baba Ramdev was riding high.
Tesla is serious about a possible record quarter, not so serious about a submarine car
Tesla Inc has “a decent shot at a record quarter on every level”, Chief Executive Officer Elon Musk said at the company’s annual shareholder meeting on Tuesday, soothing concerns about weak demand for the electric car maker’s sedans.
Proxy adviser ISS urges shareholders to vote against Nissan CEO reappointment
Leading proxy advisory firm ISS has urged shareholders of Nissan Motor Co Ltd to vote against the reappointment of Chief Executive Officer Hiroto Saikawa as a director of a Japanese automaker battling to overhaul corporate governance.
Asia shares on guard as Trump tilts at China, Fed
Asian share markets got off to a cautious start on Wednesday as the White House took a tough line on a trade deal with China, just as investors were bracing for the latest batch of economic data from the Asian giant.
U.S. regulator opposes Qualcomm’s effort to put antitrust ruling on hold
The U.S. Federal Trade Commission on Tuesday said in a court filing that mobile chip supplier Qualcomm Inc should not be allowed to put a sweeping antitrust ruling against it on hold as it pursues an appeal.
Uber picks Melbourne as test site for flying taxi service
Uber Technologies said it will use Australia’s second-largest city, Melbourne, as the first international test site for the group’s planned flying taxi service.
Proxy advisers urge shareholders to vote against Nissan CEO reappointment: Nikkei
Two leading proxy advisory firms have urged shareholders of Japanese automaker Nissan Motor to vote against the reappointment of Chief Executive Officer and President Hiroto Saikawa, the Nikkei newspaper reported on Wednesday.
U.S. antitrust chief says past enforcement could presage new probe of current digital giants
The top U.S. antitrust enforcer said on Tuesday that studying enforcement actions against Standard Oil and AT&T decades ago can help lay the groundwork for looking at possible anti-competitive behavior at today’s tech giants such as Alphabet’s Google and Facebook.
