Yahoo exploring sale of $1 billion-$3 billion in ‘non-core assets’: CFO
SAN FRANCISCO (Reuters) – Yahoo Inc is exploring the sale of $1 billion to $3 billion of patents, property and other “non-core assets,” its chief financial officer said on Thursday.
GE gets anti-trust approval to sell appliance unit to Haier
(Reuters) – General Electric Co said its proposed deal to sell its appliance business to China’s Haier Group for $5.4 billion had received approval from U.S. anti-trust authorities.
U.S. data flow suggests economy regaining steam
WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits unexpectedly rose last week, but the underlying trend continued to point to a strengthening labor market.
Valeant reiterates key executive resigned, was not asked to go
(Reuters) – Valeant Pharmaceuticals International Inc , responding to investors’ queries, said on Thursday that Executive Vice President Deb Jorn had not been asked to leave, reiterating that she had resigned for personal reasons.
Business activity worldwide at weakest in three years in February
LONDON (Reuters) – Global business activity expanded at its weakest rate in over three years in February despite firms cutting prices for the first time since September, business surveys showed on Thursday.
Fed’s Kaplan calls for patience on raising U.S. interest rates
AUSTIN, Texas (Reuters) – Dallas Federal Reserve President Robert Kaplan called on Thursday for the U.S. central bank to be patient when it comes to raising interest rates, citing the effect of tighter financial conditions on U.S. economic growth.
Jumbo loans test U.S. leveraged market as demand dries up
NEW YORK (Reuters) – New jumbo leveraged loans for healthcare giant HCA Inc and chipmaker ON Semiconductor are expected to price at a premium, as a dent in demand and heightened volatility in the macroeconomic environment have made riskier loans more d…
Dow, DuPont CEOs to get $80 million in ‘golden parachute’ payouts
(Reuters) – DowDuPont, the entity to be created by the merger of DuPont with Dow Chemical Co , said the chief executives of the two companies would get a combined $80 million in “golden parachute” payments after DowDuPont splits into three.
VW’s ‘Dieselgate’ account consistent with defense say analysts
FRANKFURT (Reuters) – Volkswagen’s statement that its former CEO may have overlooked warnings about problems with diesel emissions in the United States prompted at least one analyst to raise his target price on the stock on Thursday and lifted its shar…
Bank of America revs up auto loans business despite warning signs
(Reuters) – Bank of America is making a big push into auto lending just as regulators are sending warning signals, losses from auto loans are rising, and rivals are growing more cautious after years of strong returns.
