Dish swings to loss in 2015 as subscribers decline; shares drop
(Reuters) – Satellite TV company Dish Network Corp swung to a loss in 2015, hurt by a drop in pay-TV subscribers and a wireless airwaves auction-related expense, sending its shares down more than 3 percent in early trading.
IBM to acquire Truven Health Analytics for $2.6 billion
(Reuters) – International Business Machines Corp said on Thursday it plans to acquire Truven Health Analytics, a provider of healthcare data and analytics, for $2.6 billion, marking its fourth major health data-related deal in the past year.
Bayer strategy head Baumann set to be named CEO: Manager Magazine
FRANKFURT (Reuters) – Bayer’s head of strategy, Werner Baumann, is set to be appointed chief executive-designate next week, German monthly Manager Magazin reported on Thursday.
Daimler CEO’s pay jumped 16 percent to $10.8 million last year
FRANKFURT (Reuters) – Daimler Chief Executive Dieter Zetsche’s total pay leapt 16 percent to 9.68 million euros ($10.75 million) last year, when the German car and truck maker posted a 36 percent rise in operating profit.
Bombardier eyes new CSeries win after Air Canada deal
SINGAPORE (Reuters) – Bombardier is in talks with more potential buyers including United Airlines after winning a lifeline $3.8 billion order for its struggling CSeries jet from Air Canada , its sales chief said on Thursday.
Uber losing $1 billion a year to compete in China
SHANGHAI (Reuters) – Uber Technologies Inc is burning through more than a billion dollars a year in China as it wages a fierce price war against local rival Didi Kuaidi, its chief executive said.
Zafgen’s obesity drug succeeds in mid-stage trial
(Reuters) – Drug developer Zafgen Inc said on Thursday that its drug to treat obesity in diabetic patients met the main goal of reducing body weight.
Puma sees ‘female future’ helped by Rihanna designs
HERZOGENAURACH, Germany (Reuters) – Strong demand for sneakers designed by singer Rihanna helped Puma achieve higher-than-expected sales growth in the fourth quarter and the German sportswear firm said on Thursday a busy sports calendar should help it …
In a rare move, Japan’s Panasonic gives corporate blessing to same-sex marriages
TOKYO (Reuters) – Japan’s electronics maker Panasonic Corp said on Thursday it plans to change its company rules to recognize same-sex marriages, joining a growing trend toward acceptance in a country where being openly gay largely remains taboo.
Brexit nerves knock FTSE as oil rally cools
LONDON (Reuters) – A four-day rally in world stocks cooled in Europe on Thursday, as oil prices steadied and nerves set in ahead of crunch talks between EU leaders aimed at keeping Britain in the 28-member bloc.
