Broadcom wins U.S. antitrust consent to buy Brocade: FTC
WASHINGTON (Reuters) – Chipmaker Broadcom Limited has won U.S. antitrust approval to buy Brocade Communications Systems , the Federal Trade Commission said on Monday.
GE closes Baker Hughes deal, becomes No. 2 oilfield service provider
HOUSTON (Reuters) – General Electric Co on Monday completed its buyout of Baker Hughes Inc, merging it with its own oil and gas equipment and services operations to create the world’s second-largest oilfield service provider by revenue.
Facebook beats privacy lawsuit in U.S. over user tracking
(Reuters) – A U.S. judge has dismissed nationwide litigation accusing Facebook Inc of tracking users’ internet activity even after they logged out of the social media website.
U.S. factory activity jumps to near three-year high, construction spending flat
WASHINGTON (Reuters) – U.S. factory activity rose sharply in June to its highest level in almost three years suggesting economic growth in the second quarter gained some steam, while construction spending held steady in May.
Four former Barclays bankers in court over Qatari deal
LONDON (Reuters) – Four former top Barclays executives appeared in court in London on Monday to face charges that they conspired to commit fraud during the bank’s 12 billion pound ($15.56 billion)emergency fundraising in 2008.
UBS rejigs structure for European, emerging market wealth management
ZURICH (Reuters) – Swiss bank UBS is further reorganizing its wealth management businesses in European and emerging markets to simplify its structure, according to a memo seen by Reuters on Monday.
Siemens CEO says rail partnerships possible alternative to M&A
MUNICH (Reuters) – The chief executive of Siemens said partnerships on major rail contracts were a possible alternative to mergers, when asked about progress on reported talks for a rail tie-up with Canada’s Bombardier .
Tesla shares rev up as Model 3 deliveries to start in July
(Reuters) – Tesla Inc’s shares were up 3 percent in premarket trading on Monday after the luxury electric-car maker said it would deliver its mass-market Model 3 sedan to first 30 customers on July 28.
Dow, S&P advance but tech weighs on Nasdaq
(Reuters) – The S&P 500 and Dow Industrials moved higher on Monday, with the Dow hitting an intraday record as energy and bank stocks gained, but continued weakness in the technology sector pulled the Nasdaq lower.
Exclusive: Okada sues family in bid to regain control of gambling empire
TOKYO (Reuters) – Japanese casino and slot machine tycoon Kazuo Okada has filed a lawsuit against his son, daughter and wife in Hong Kong in an attempt to regain control of his sprawling business empire, according to a court filing and Okada.
