Major shareholder demands Xerox disclose JV agreement with Fuji
(Reuters) – Major Xerox Corp shareholder Darwin Deason has urged the photocopier pioneer to make public its joint venture agreement with Japan’s Fujifilm Holdings Corp , saying U.S. securities laws require it should do so.
FTC investigating Broadcom for antitrust practices
(Reuters) – The Federal Trade Commission (FTC) is investigating whether chipmaker Broadcom Ltd engaged in anticompetitive tactics in negotiations with customers, the company said on Wednesday.
FTC probing Broadcom for antitrust practices: source
(Reuters) – The Federal Trade Commission (FTC) is investigating whether chipmaker Broadcom Ltd engaged in anticompetitive tactics in negotiations with customers, according to a person familiar with the matter.
‘Just Hit Budget!’ bankers at RBS restructuring unit told during crisis: memo
LONDON (Reuters) – Royal Bank of Scotland staff helping small firms to restructure debt during the financial crisis were given a list of ways to squeeze more money from struggling clients and told to “Just Hit Budget!”, a memo released on Wednesday sh…
Apple to pay $38 billion in U.S. taxes on foreign cash, open new campus
(Reuters) – Apple Inc on Wednesday said it will make about $38 billion in tax payments on its overseas cash and plans to open a second U.S. campus as part of a 5-year, $30 billion U.S. investment plan.
Exclusive: Activist investor Sachem Head pushes Whitbread to consider break-up – sources
LONDON (Reuters) – Activist investor Sachem Head has asked Whitbread to consider a break up of its Costa Coffee chain from its hotels and restaurant businesses, two people familiar with the matter told Reuters.
Ghosn lays groundwork for withdrawal as Renault CEO
PARIS (Reuters) – Renault-Nissan is to pursue plans to create separate strategy and operations leadership roles, Renault CEO Carlos Ghosn said on Wednesday in a sign he may pull back as boss of the French carmaker.
Dealmaking Ferrero tycoon breaks decades of family tradition
MILAN (Reuters) – For almost 70 years, family-owned chocolate group Ferrero shunned acquisitions, relying completely on its ability to grow on its own and dream up new products. Those days are gone.
GE’s 2018 gains wiped out as worries about turnaround plan persist
(Reuters) – Shares of General Electric Co continued its slide on Wednesday and wiped out all its gains in 2018, a day after the U.S. industrial conglomerate announced more than $11 billion in charges and hinted about a potential breakup.
Apple to pay $38 billion in repatriation tax
(Reuters) – Apple Inc will make about $38 billion in tax payments to bring funds kept overseas back to the United States under new federal tax laws, the company said on Wednesday.
