Billionaire Steven Cohen wins dismissal of ex-wife’s fraud case
NEW YORK (Reuters) – Billionaire investor Steven A. Cohen on Thursday won the dismissal of a long-running lawsuit in which his former wife accused him of cheating her out of millions of dollars in their 1990 divorce.
Adidas sets sights on football stars in big U.S. drive
BERLIN (Reuters) – Adidas wants to sign dozens of deals with U.S. sports stars in coming years, hoping that will provide a more lasting boost to sales than the current fashion fad for its retro sneakers, its North America head told Reuters.
Jeep Cherokee, Grand Cherokee parts shortage cuts output: FCA
DETROIT (Reuters) – Fiat Chrysler Automobiles on Thursday said production of its popular Jeep Cherokee and Grand Cherokee SUVs has been curtailed this week because of a parts shortage.
Bayer offers to buy Monsanto in global agrochemicals shakeout
NEW YORK/FRANKFURT (Reuters) – German drugs and chemicals group Bayer has made an unsolicited takeover proposal to U.S. seeds company Monsanto, aiming to create the world’s biggest agricultural supplier and take advantage of converging pesticides and s…
Oil down as dollar surges; Nigeria oil terminal issue pares loss
NEW YORK (Reuters) – Oil prices tumbled on Thursday as U.S. rate hike expectations lifted the dollar, but crude pared losses on worries about more supply outages from Nigeria’s main crude oil terminal.
Golfer Mickelson says returning Dean Foods trading gains
(Reuters) – Professional golfer Phil Mickelson said on Thursday he has agreed to return gains he made in 2012 from trading in Dean Foods Co stock and said he felt “vindicated” that U.S. authorities have not charged him with violating securities laws.
AEP says spin offs won’t be hit by closure of McClendon’s firm
HOUSTON (Reuters) – The closure of American Energy Partners after the sudden death of founder Aubrey McClendon will not affect companies it formed and spun off with Texas-based private equity firm Energy & Minerals Group, according to an AEP statement seen on Thursday.
U.S. economic data point to second-quarter GDP rebound
WASHINGTON (Reuters) – The number of Americans filing for unemployment aid fell from a 14-month high last week, the latest sign the economy was picking up speed in the second quarter and likely would be healthy enough for the Federal Reserve to raise i…
Wal-Mart profit beats expectations; stock jumps
(Reuters) – Wal-Mart Stores Inc on Thursday reported a higher-than-expected quarterly profit as increased drug prices and solid demand for basic apparel items boosted sales, and its shares jumped more than 9 percent.
GM expands car-sharing service to Boston, Chicago, Washington
(Reuters) – General Motors Co said it was expanding its car-sharing service Maven to Boston, Chicago and Washington D.C., nearly four months after the service was launched.
