ADM, Syngenta settle lawsuit over biotech corn exports to China
CHICAGO (Reuters) – U.S. grain merchant Archer Daniels Midland Co has settled a lawsuit with Syngenta over the seed company’s launch of a biotech corn strain that roiled grain exports to China, according to regulatory documents filed on Friday.
Exclusive: GE exploring industrial gas engine business sale – sources
(Reuters) – General Electric Co is exploring a sale of its industrial gas engine business that could be worth as much as $2 billion, according to people familiar with the matter.
U.S. seeks to block AT&T from citing Trump opposition in merger lawsuit
WASHINGTON (Reuters) – The U.S. Department of Justice on Friday moved to prevent AT&T Inc from arguing that politics played a role in the government’s decision to stop its merger with Time Warner Inc , a deal that President Donald Trump had publicly criticized.
S&P 500 caps off strongest week in five years
NEW YORK (Reuters) – The S&P 500 rose marginally on Friday to mark its biggest weekly increase in five years, although earlier gains evaporated after the indictment of Russians for meddling in the 2016 presidential election sent investors into defensive mode before a long weekend.
U.S. seeks to block AT&T from citing Trump statements in arguments
WASHINGTON (Reuters) – The U.S. Department of Justice on Friday moved to prevent AT&T Inc from arguing that politics played a role in the federal government’s decision to stop its merger with Time Warner Inc , a deal that President Donald Trump had publicly criticized.
Trader sues Fidelity over website glitch during market rout
BOSTON (Reuters) – A New Jersey trader filed a lawsuit against Fidelity Investments, accusing it of “gross negligence” because he could not make trades on the company’s website earlier this month during a volatile time on the stock market.
Tesla delays, tax credit concerns spur sales of Chevy Bolts
SAN FRANCISCO (Reuters) – Some potential buyers of Tesla’s long-delayed Model 3 sedan are concerned that they will miss out on big federal tax breaks and are looking for alternatives, including General Motors Co’s Chevrolet Bolt, according to postings…
Airbus concerned about German coalition’s tougher stance on arm sales
MUNICH (Reuters) – The head of Airbus’s defense unit criticized Germany on Friday for not spending more on defense and said the new coalition agreement’s call for a tougher approach to arms exports could prompt the weapons maker to re-examine its busin…
Wall Street erases gain after U.S. indicts Russians
(Reuters) – Gain on Wall Street evaporated on Friday after a U.S. grand jury indicted several Russians for interfering in with the 2016 presidential election to help then-candidate Donald Trump.
Qualcomm says open to more deal talks with Broadcom following meeting
(Reuters) – Qualcomm Inc on Friday called a meeting with Broadcom Ltd to discuss the latter’s $121 billion bid constructive and opened the door to more talks, but continued to reject the proposed deal between the semiconductor companies.
