FTC preparing to block Staples-Office Depot deal: NY Post
(Reuters) – U.S. antitrust regulators are preparing to block Staples Inc’s acquisition of smaller rival Office Depot Inc , the New York Post reported on Sunday.
Apparel demand up, electronics flat over U.S. Black Friday weekend: MasterCard
(Reuters) – Apparel-focused U.S. retailers saw sales perk up over the four-day promotional period that kicked off on Thanksgiving Day, though department-store and electronics revenue was roughly flat, a MasterCard executive told Reuters in an interview…
Tribune Publishing says not in talks to sell itself after Murdoch tweet
(Reuters) – Tribune Publishing Co said it was not in talks or in the process of selling itself, after a tweet by News Corp’s Rupert Murdoch on Friday that suggested Tribune’s newspaper group would be sold.
Foreign carmakers to keep price edge as Ford faces higher labor costs
DETROIT (Reuters) – Foreign automakers with plants in the United States will be able to offer lower vehicle prices as Ford Motor Co faces continued higher labor costs under a new four-year contract with its U.S. union workers.
The Great Divide: How markets are shaping up ahead of Fed, ECB
LONDON (Reuters) – The U.S. Federal Reserve and European Central Bank are expected to deliver sharply contrasting policy decisions next month, reflecting how the world’s two largest economies have moved from the Great Recession to the Great Divide.
Exclusive: Music festival company SFX explores debt restructuring
(Reuters) – Electronic music festival organizer SFX Entertainment Inc , which puts on days-long dance extravaganzas including New York’s ‘Electric Zoo’, is exploring a debt restructuring, a spokesman for its chief executive told Reuters on Monday.
Goldman backs low-emissions stocks as climate talks start
MILAN/NEW YORK (Reuters) – Electric carmaker Tesla Motors , lithium supplier Albemarle and solar-panel efficiency specialist SolarEdge Technologies are among winners from a growing focus on emissions as climate-change talks get under way, Goldman Sachs…
Jailed Libor trader Tom Hayes appeals 14-year sentence, conviction
LONDON (Reuters) – Tom Hayes, the first trader convicted by a jury of manipulating Libor benchmark interest rates, on Tuesday begins a two-day, appeal against his conviction and a 14-year jail sentence, one of the toughest to date for white collar crim…
U.S. pending home sales rise modestly in October
WASHINGTON (Reuters) – Contracts to buy previously owned U.S. homes rose far less than expected in October, the latest sign that the housing market recovery was losing momentum after strong gains early this year.
Nikkei seeks global digital powerhouse with $1.3 billion FT purchase
LONDON (Reuters) – Nikkei Inc. will use its $1.3 billion purchase of the Financial Times to build a global digital powerhouse by using data to win new clients and by harnessing the British newspaper’s skill at getting subscribers to pay for content, it…
