U.S. prosecutors launch review of failed FedEx drug case
SAN FRANCISCO/WASHINGTON (Reuters) – The U.S. Department of Justice has begun a rare internal examination of what went wrong in the prosecution of a controversial drug conspiracy case against delivery service Federal Express , the department’s top pros…
Yogurt maker Dannon considers ways to cut more sugar
NEW YORK (Reuters) – U.S. yogurt maker Dannon, a unit of France’s Danone , is looking at ways to make its products less sweet, in the latest industry response to rising concerns about excessive sugar consumption.
Venture capital investments rebound for tech startups
SAN FRANCISCO (Reuters) – Venture capital investments in startups rebounded in the second quarter, as a general stock market recovery helped restore confidence, according to a new report published on Friday.
Bayer sweetens offer for hesitant Monsanto
(Reuters) – German drug and crop chemical group Bayer AG on Thursday announced details of a sweetened $64 billion bid for Monsanto Co as it tries to put the U.S. seed company under pressure to engage further.
Microsoft wins landmark appeal over seizure of foreign emails
NEW YORK (Reuters) – A federal appeals court on Thursday said the U.S. government cannot force Microsoft Corp and other companies to turn over customer emails stored on servers outside the United States.
Xerox rejects RR Donnelley merger proposal: WSJ
(Reuters) – Xerox Corp privately rejected a bid to merge its document business with financial printing firm RR Donnelley & Sons Co , the Wall Street Journal reported Thursday.
Exclusive: Brazil considers WTO challenge to Bombardier state funding
BRASILIA (Reuters) – Brazil may launch a trade challenge against Canada over state funding to struggling planemaker Bombardier Inc that could hurt Brazilian rival Embraer, Foreign Minister Jose Serra told Reuters on Thursday.
Nintendo surges to hit six-year high, Pokemon GO hits UK market
TOKYO (Reuters) – Shares of Nintendo Co jumped nearly 10 percent to a six-year high on Friday, extending their rally since the launch of its Pokemon GO augmented reality game and almost doubling the company’s market value in just over a week.
Federal Reserve policymakers signal no rush to raise U.S. rates
ST. LOUIS (Reuters) – Three Federal Reserve policymakers on Thursday expressed the view that there was no hurry to raise U.S. interest rates in the wake of the UK decision to leave the European Union, despite signs that the U.S. economy is near full em…
Oil falls as glut fears return, China data eyed
TOKYO (Reuters) – Crude futures fell in early trading in Asia on Friday as concerns about a global oil glut returned to the fore and traders wait on data from China, which is expected to report its lowest growth rate since 2009.
