Dow, DuPont merger wins U.S. antitrust approval with conditions
(Reuters) – DuPont and Dow Chemical Co have won U.S. antitrust approval to merge on condition that the companies sell certain crop protection products and other assets, according to a court filing on Thursday.
Snap sinks to IPO price for first time since market debut
SAN FRANCISCO (Reuters) – Shares of Snap Inc dropped 4.9 percent on Thursday to their initial public offering price, highlighting investors’ loss of confidence in the social media company that faces fierce competition from Facebook.
Nestle may sell U.S. confectionery business
LONDON (Reuters) – Nestle may sell its roughly $900 million-a-year U.S. confectionery business, which includes Butterfinger and BabyRuth, in the Swiss food group’s latest effort to improve the health profile of its sprawling portfolio.
Rape victim sues Uber, claiming it wrongly obtained her medical records
SAN FRANCISCO (Reuters) – A woman sued Uber Technologies Inc on Thursday claiming top executives at the ride-hailing company improperly obtained her medical records after she was raped by a driver in India, according to court documents.
Air bag maker Takata to file for bankruptcy this month: sources
NEW YORK/WASHINGTON (Reuters) – Takata Corp, the Japanese company facing billions in liabilities stemming from its defective air bag inflators, is preparing to file for bankruptcy as early as next week as it works toward a deal for financial backing fr…
Dollar Tree’s plans to expand in Canada seen as risky
(Reuters) – Dollar Tree Inc’s plan to more than quadruple its store count in Canada, as it fights rising competition and slowing sales growth back home, is fraught with risks and will pit it against a formidable rival – market leader Dollarama.
Goldman Sachs raises $7 billion to buy secondhand stakes in private equity: sources
(Reuters) – Goldman Sachs Group Inc has collected more than $7 billion for a fund which purchases secondhand stakes in private equity funds, far exceeding its initial target, according to two people familiar with the matter.
Facebook discloses new details on removing terrorism content
(Reuters) – Facebook Inc on Thursday offered new insight into its efforts to remove terrorism content, a response to political pressure in Europe to militant groups using the social network for propaganda and recruiting.
Wall Street technology share selloff leaves Apple bruised
SAN FRANCISCO (Reuters) – Shares of Apple have been more bruised than those of other Silicon Valley heavyweights by a technology stock selloff this week, with many on Wall Street cautious following the iPhone maker’s rally in recent months.
U.S. acts to seize stolen assets, Picasso in probe of Malaysian fund
WASHINGTON/KUALA LUMPUR (Reuters) – The U.S. Justice Department has taken legal action to recover an additional half a billion dollars in assets stolen from an investment fund established by Malaysia’s prime minister, bringing the total claims to more …
