Chipmaker Broadcom plans blockbuster bid for Qualcomm: sources
(Reuters) – Communications chipmaker Broadcom Ltd is planning to unveil a bid for smartphone chip supplier Qualcomm Inc by Monday, two sources familiar with the matter said on Friday, an attempt to create a roughly $200-billion company in what would …
Hurricanes, earthquake reduce profit at Buffett’s Berkshire
(Reuters) – Bad weather weighed on results at Warren Buffett’s Berkshire Hathaway Inc , as losses from insurance claims tied to Hurricanes Harvey, Irma and Maria and an earthquake in Mexico contributed to a 43 percent drop in third-quarter profit.
Apple juices Wall St. as indexes climb for another week
(Reuters) – A surge in shares of heavyweight Apple helped push up major Wall Street indexes on Friday, as investors also assessed a mixed U.S. labor market report.
Chipmaker Broadcom plans unsolicited bid for Qualcomm: source
(Reuters) – Broadcom Ltd is planning an unsolicited bid for smartphone chipmaker Qualcomm Inc with an offer possible as soon as this weekend, a source familiar with the matter said on Friday.
CVS, Aetna aim to finalize deal as early as December: sources
(Reuters) – U.S. pharmacy operator CVS Health Corp and health insurer Aetna Inc are working toward finalizing merger terms and announcing a deal for more than $70 billion as early as December, according to people familiar with the matter.
Apple juices Wall St. after mixed jobs report
(Reuters) – A surge in shares of heavyweight Apple helped push up major Wall Street indexes on Friday, as investors also assessed a mixed U.S. labor market report.
U.S. job growth picks up; flat wages raise consumer spending worries
WASHINGTON (Reuters) – U.S. job growth accelerated in October after hurricane-related disruptions in the prior month, but wages grew at their slowest annual pace in more than 1-1/2 years in a sign that inflation probably will remain benign.
Wells Fargo says it faces lawsuits over mortgage and auto loans
(Reuters) – Wells Fargo & Co is facing litigation over previously disclosed sales problems related to its auto lending and mortgage businesses, the bank disclosed in a regulatory filing on Friday.
Apple soars to record high, lifts Wall Street
(Reuters) – The three major Wall Street indexes came off their session lows in early afternoon trading on Friday as Apple hit a record high on strong demand for its latest iPhone X and an upbeat holiday sales forecast.
Airbus, Dassault vie for leadership of Franco-German fighter
PARIS (Reuters) – With the ink barely dry on a deal between France and Germany to develop a new combat jet, Airbus and Dassault are squaring up for leadership of a project that could reshape Europe’s fragmented fighter industry.
