Drugmaker Valeant raises detailed defense but doubts remain
(Reuters) – Drugmaker Valeant Pharmaceuticals International Inc laid out a detailed defense on Monday of its relationship with a little-known specialty pharmacy, but its arguments failed to calm all investor concerns.
Monsanto to shutter three R&D centers in 2016, cut 90 jobs
CHICAGO (Reuters) – Agrichemical company Monsanto Co plans to shutter three research and development centers in 2016 with a loss of about 90 jobs, it said on Monday, as it restructures operations to cut costs in a slumping agricultural commodity market…
Lockheed wins $260 million for materials for next C-130J transports
WASHINGTON (Reuters) – Lockheed Martin Corp has won a contract worth $260 million for the purchase of materials need to build the next batch of 28 C-130J Super Hercules transport planes in fiscal 2016, which began Oct. 1, the Pentagon said on Monday.
Boeing wins $898 million contract for 15 EA-18G fighter jets
WASHINGTON (Reuters) – Boeing Co has been awarded a contract worth $898 million to build 15 more EA-18G Growler electronic fighter jets and associated airborne electronic attack kits for the U.S. Navy, the Pentagon announced on Monday.
Exclusive: Wal-Mart seeks to test drones for home delivery, pickup
CHICAGO (Reuters) – Wal-Mart Stores Inc applied Monday to U.S. regulators for permission to test drones for home delivery, curbside pickup and checking warehouse inventories, a sign it plans to go head-to-head with Amazon in using drones to fill and de…
Exclusive: Deutsche Bank reviews future of Italian business
LONDON/FRANKFURT (Reuters) – Deutsche Bank is considering scaling back its Italian retail operations by selling branches and cutting jobs as its new chief executive overhauls the company to keep pace with rivals, according to five sources familiar with…
UPS counting on small retailers to save Christmas
CHICAGO (Reuters) – After two years of disappointing profits from the holiday season, United Parcel Service Inc is hoping a network of mom-and-pop retailers will help it avoid a third blue Christmas.
Crowdfunding of U.S. real estate deals gains momentum
NEW YORK (Reuters) – A tipping point may be near for U.S. investors seeking to benefit from crowdfunding in real estate, an industry that is a clear winner in the early stages of raising capital for small businesses over the Internet.
With global outlook weak, many U.S. companies tighten belts
NEW YORK (Reuters) – U.S. companies are far from optimistic that next year will see them get a break from the tough economic and market conditions they have faced in 2015. And that may well hurt capital investment and jobs growth.
VW considers discounts to owners of cars with cheat software in Germany: source
BERLIN (Reuters) – Volkswagen may offer customers in Germany discounts on new vehicle purchases if they turn in certain old models affected by the emissions cheating scandal, a senior source at VW said.
