Cyber Monday sales top $3 billion as discounts spur buyers
(Reuters) – Shopping through mobile devices soared on Cyber Monday, accounting for more than a quarter of the $3 billion in sales, but many online retailers struggled to get visitors using smartphones and tablets to shop as much as those using desktops…
Exclusive: KKR, Thoma Bravo, Vista eye $4 billion Dell assets – sources
(Reuters) – Buyout firms KKR & Co LP , Thoma Bravo LLC and Vista Equity Partners Management LLC are competing for $4 billion worth of Dell Inc’s assets, people familiar with the matter said, as the computer maker steps up asset sales.
JPMorgan tops investment banking revenue table, helped by M&A: survey
LONDON (Reuters) – JPMorgan has topped investment bank league tables by revenue, with a surge in dealmaking helping it to pull in $18.2 billion in the year so far, a survey found on Wednesday.
Aeromexico says evaluating Delta Airlines offer
MEXICO CITY (Reuters) – Aeromexico’s board of directors on Tuesday said it would study an offer from Delta Airlines to increase its stake in Mexico’s largest airline.
Wall St. gains with healthcare, upbeat auto sales
(Reuters) – U.S. stocks started December stronger on Tuesday as health and consumer shares bounced back while auto sales suggested upbeat growth in November.
Exclusive: KKR, Thoma Bravo, Vista eye $4 billion Dell assets – sources
(Reuters) – Buyout firms KKR & Co LP , Thoma Bravo LLC and Vista Equity Partners Management LLC are competing for $4 billion worth of Dell Inc’s assets, people familiar with the matter said, as the computer maker steps up asset sales.
Lockheed Martin wins contract for upgrade of Singapore F-16s
WASHINGTON (Reuters) – Lockheed Martin Corp has been awarded a contract worth $914 million to upgrade Singapore’s F-16 aircraft, the Pentagon said on Tuesday. The work is expected to be complete by the middle of 2023 and was a result of a sole source a…
Facebook’s Zuckerberg to give 99 percent of shares to charity
SAN FRANCISCO/BENGALURU (Reuters) – Facebook Inc Chief Executive Officer Mark Zuckerberg and his wife said on Tuesday they will give away 99 percent of their Facebook shares, currently worth about $45 billion, to a new charity in a letter addressed to …
U.S. manufacturing contracts, but rest of economy humming along
WASHINGTON (Reuters) – U.S. manufacturing contracted in November for the first time in three years as the sector buckled under the weight of a strong dollar and deep spending cuts by energy firms, but robust automobile sales suggested the economy remai…
Exxon taps high-profile lawyer to fight N.Y. climate change probe
WASHINGTON (Reuters) – Exxon Mobile Corp has hired a star attorney in an aggressive response to mounting scrutiny over the company’s climate change disclosures, according to people familiar with the matter.
