JAB-led investor group to buy K-Cup maker Keurig for $13.9 billion
(Reuters) – Europe’s JAB Holding Co is leading a $13.9 billion buyout of Keurig Green Mountain Inc in a deal that would give it 60 percent control of North America’s single-serve coffee market and advance its ambitions to build a global coffee powerhou…
Yum CFO to leave in February, amid China spinoff
LOS ANGELES (Reuters) – Yum Brands Inc Chief Financial Officer Patrick Grismer will resign effective Feb. 19, the parent of the KFC, Taco Bell and Pizza Hut restaurant brands said on Monday.
GE calls off Electrolux appliance deal amid U.S. antitrust fight
STOCKHOLM/WASHINGTON (Reuters) – General Electric on Monday walked away from a $3.3 billion agreement to sell its appliances business to Sweden’s Electrolux, terminating the deal after months of opposition from U.S. antitrust regulators.
Wall St. slides as oil prices tumble to near seven-year low
(Reuters) – U.S. stocks fell on Monday, led by the S&P energy index’s biggest one-day percentage drop since late August as oil prices slid to their lowest point in nearly seven years.
Morgan Stanley names Collins to global healthcare banking co-head role: memo
(This December 2 story was corrected to change Morgan Stanley’s North American ranking from No. 2 to No. 3)
Viacom CEO Dauman addresses concerns about Redstone
(Reuters) – Viacom Inc Chief Executive Philippe Dauman said he speaks with Executive Chairman Sumner Redstone several times a week and that the 92-year-old media mogul is in charge of his own healthcare.
Cisco chairman promises ‘win-win’ deal with China over network control
DUBAI (Reuters) – Cisco’s executive chairman on Monday declined to say whether it would cede to China’s demands to be able to control equipment deployed in the world’s largest internet market, instead pledging to find a “win-win” solution.
Netflix content head says to double own shows next year
(Reuters) – Netflix Inc will focus on developing its own content next year and nearly double the number of original shows to 31 from 16, Chief Content Officer Ted Sarandos said on Monday.
Airbus eyes 2015 win over Boeing as orders hit 1,000
PARIS (Reuters) – Airbus orders topped 1,000 aircraft between January and November, sending its shares higher as it looked all but certain to win its annual race against U.S. rival Boeing .
EU seeks new air traffic agreements in Gulf carrier battle
BRUSSELS/BERLIN (Reuters) – The European Commission is seeking a new European-wide air traffic agreement with Gulf states as a way of boosting European airlines against what some of them have termed unfair subsidies enjoyed by Middle East-based rivals….
