McDonald’s to remove corn syrup from buns, curbs antibiotics in chicken
OAK BROOK, Ill. (Reuters) – McDonald’s Corp will replace corn syrup in hamburger buns with sugar this month and has removed antibiotics that are important to human medicine from its chicken months ahead of schedule, it said on Monday, moves that are p…
U.S. crude breaks below $40, oil ends down more than 3 percent
NEW YORK (Reuters) – U.S. crude tumbled below $40 per barrel on Monday for the first time since April, as oil prices settled down nearly 4 percent on heightened worries of a crude glut despite peak summer fuel demand.
AB InBev and SABMiller expect megabrew merger to complete October 10
BRUSSELS (Reuters) – Anheuser-Busch InBev and SABMiller , the world’s two largest brewers, set out a timetable on Monday for the final stages of their $100 billion-plus merger, with completion of the deal expected in a little more than two months.
Gawker Media founder files for personal bankruptcy
NEW YORK (Reuters) – Gawker Media Chief Executive Nick Denton filed for personal bankruptcy protection on Monday, according to court documents that name his largest creditor as Hulk Hogan, a former professional wrestler who won a $140 million court jud…
Brexit could add to European banking costs: JPMorgan’s Dimon
(Reuters) – JPMorgan Chase & Co Chief Executive Jamie Dimon said on Monday that Britain’s decision to leave the European Union could lead to duplicate costs to provide banking services to European customers.
U.S. factory activity slips; construction spending hits one-year low
WASHINGTON (Reuters) – U.S. manufacturing activity eased in July amid shrinking order backlogs and declining employment, while an unexpected drop in construction spending in June suggested second-quarter economic was probably even weaker than reported …
Turkey, Russia pursue gas pipe dream as EU frets
BRUSSELS/MOSCOW (Reuters) – Declarations by Russia and Turkey last week reviving plans for the TurkStream natural gas pipeline linking the two have worried EU diplomats who see it strengthening Moscow’s hand – but analysts say the project is more rheto…
Verizon to buy vehicle management company Fleetmatics for $2.4 billion
(Reuters) – Verizon Communications Inc said on Monday it would buy GPS vehicle tracking firm Fleetmatics Group Plc for about $2.4 billion in cash to bolster its expansion into the connected vehicle and fleet management market.
Judge voids VirnetX’s $625.6 million Apple verdict; VirnetX plunges
(Reuters) – A federal judge has thrown out a verdict requiring Apple Inc to pay VirnetX Holding Corp $625.6 million for infringing four patents relating to Internet security technology, causing VirnetX’s share price to plunge.
Citigroup says no ‘significant negative impact’ from Brexit
(Reuters) – Citigroup Inc said on Monday it did not experience any “significant negative impact” on its results or client activity as a result of Britain’s vote to exit the European Union.
