Exclusive: FCC plans to fine Sinclair $13.3 million over undisclosed commercials
WASHINGTON (Reuters) – The Federal Communications Commission plans to fine Sinclair Broadcasting Corp $13.3 million after it failed to properly disclose that paid programming that aired on local TV stations was sponsored by a cancer institute, three pe…
Unilever to sell spreads business to KKR for $8 billion
(Reuters) – Unilever has agreed to sell its margarine and spreads business to U.S. private equity firm KKR for 6.83 billion euros ($8.04 billion) to concentrate on faster growing products.
Exclusive: Safran, Zodiac deal expected to win unconditional EU approval – source
BRUSSELS (Reuters) – French aero engine maker Safran is set to secure an EU green light for its $7.7 billion bid for aircraft seat maker Zodiac Aerospace to create the world’s third-largest aerospace supplier, a person familiar with the matter said o…
Brazil’s Embraer eyes 2024 commercial launch for Uber partnership: CEO
SAO PAULO (Reuters) – A partnership that Brazilian planemaker Embraer SA has struck with U.S. ride-hailing application Uber Technologies Inc will launch its first test flight in 2020, and aims to start commercial service in 2024, an executive said on F…
Tesla largely responsible for slide in U.S. home solar sales
(Reuters) – After years of double-digit growth, home solar installations in the United States are poised to fall for the first time this year, according to a report released on Thursday by GTM Research.
U.S. court dismisses $3 billion suit against Deutsche Bank by Jewish family heirs
FRANKFURT (Reuters) – A U.S. district court in Florida has dismissed a lawsuit by the heirs of a prominent Jewish family seeking $3 billion from Deutsche Bank.
Wall St. rises as bank, healthcare stocks gain
(Reuters) – Wall Street indexes rose in morning trading on Friday, driven by gains in shares of banking and healthcare companies and on hopes that a final Republican tax bill will be unveiled in Congress later in the day.
Exclusive: EU regulators set to clear Safran, Zodiac deal – source
BRUSSELS (Reuters) – EU antitrust regulators are expected to approve without conditions French aero engine maker Safran’s bid for aircraft seats, toilets and galleys maker Zodiac Aerospace , a person familiar with the matter said on Friday.
Unilever to sell margarine and spreads unit to KKR for $8 billion
LONDON (Reuters) – Unilever has agreed to sell its margarine and spreads business to KKR for 6.8 billion euros ($8 billion), it said on Friday, confirming an earlier report by Reuters saying the U.S. private equity fund had made it into exclusive tal…
EU court rejects U.S. intervention in Apple’s Irish $15 billion tax case
BRUSSELS (Reuters) – Europe’s second-highest court has rejected a request from the U.S. government to intervene in Apple’s challenge against an EU order to pay back taxes of up to 13 billion euros ($15.3 billion) because it failed to prove a direct int…
