Toyota, Mazda invite U.S. states to compete for a rich prize
WASHINGTON (Reuters) – Toyota Motor Corp opened the door to a bidding war among Midwestern and southern states seeking to land jobs and investment when it announced on Friday it would build a $1.6 billion U.S. assembly plant with Mazda Motor Corp .
Paysafe backs $3.9 billion offer from Blackstone/CVC group
(Reuters) – Payments processing company Paysafe Group has backed a 3 billion pound ($3.9 billion) takeover offer from a consortium of funds managed by Blackstone and CVC Capital Partners [CVC.UL], the latest in a string of deals in the sector.
Ackman’s Pershing Square says it plans to nominate directors at ADP
BOSTON (Reuters) – Billionaire investor William Ackman on Friday said his Pershing Square Capital Management hedge fund plans to nominate directors to, but not try to control, the 10-person board at payroll services company Automatic Data Processing In…
Yelp shares soar with Grubhub sale
SAN FRANCISCO (Reuters) – Shares of Yelp Inc jumped more than 27 percent on Friday, a day after the company announced the sale of its Eat24 business to Grubhub .
‘Pharma bro’ Shkreli convicted of fraud in U.S. court, assails ‘witch hunt’
NEW YORK (Reuters) – A U.S. jury convicted Martin Shkreli, the brash former drug company and hedge fund executive, on Friday of defrauding investors in hedge funds he ran years before he gained fame for jacking up the price of a drug.
New ‘Game of Thrones’ episode leaks online through HBO partner
(Reuters) – The unaired fourth episode of the new season of HBO’s hit series “Game of Thrones” has been leaked online, the premium channel’s distribution partner Star India said on Friday.
Volkswagen brand CEO says Tesla has abilities Volkswagen lacks
FRANKFURT (Reuters) – Volkswagen the world’s largest carmaker by sales, is looking to loss-making startup Tesla for inspiration on how to improve its core business, the VW brand’s chief executive Herbert Diess said in an interview published on VW’s …
Google tests publishing tech similar to Snapchat: source
(Reuters) – Alphabet Inc’s Google is developing technology that media companies could use to create stories similar to those found on Snapchat’s “Discover” platform, a person familiar with the plans said on Friday.
U.S. judge dismisses lawsuit over Buffett’s See’s ‘kosher’ chocolate
(Reuters) – A U.S. judge has dismissed a proposed class action lawsuit claiming that See’s Candies, a unit of Warren Buffett’s Berkshire Hathaway Inc, sold Valentine’s Day chocolates that were mislabeled as kosher.
OCC may penalize Wells Fargo over improper auto insurance charges: WSJ
NEW YORK (Reuters) – Wells Fargo & Co may face regulatory sanctions for having improperly charged customers for auto insurance they did not seek, the Wall Street Journal reported on Friday.
