Silver Lake bets $1 billion on Motorola Solutions
(Reuters) – Motorola Solutions Inc said private equity firm Silver Lake would invest $1 billion in the maker of walkie-talkies and radio systems as it looks to boost growth in its services business, which includes video monitoring and data analytics.
U.S. energy sector shedding up to 15,000 jobs a month: Moody’s Zandi
NEW YORK (Reuters) – U.S. energy industry has been laying off 10,000 to 15,000 workers a month so far this year and may continue do so the rest of the year if the weakness in oil prices persist, Moody’s Analytics chief economist Mark Zandi said on Wedn…
Shire seen having to sweeten $30 billion offer to win Baxalta
LONDON (Reuters) – Shire Chief Executive Flemming Ornskov will need to dig deeper in his pocket if he wants to win U.S. biotech company Baxalta.
Fed not yet decided whether to hike rates in Sept: Powell
NEW YORK (Reuters) – Federal Reserve policymakers have not yet decided whether to raise interest rates next month, an influential governor at the U.S. central bank said on Wednesday, appearing to push back on more hawkish comments the day before by a f…
U.S. private sector adds 185,000 jobs in July: ADP
NEW YORK (Reuters) – U.S. private employers hired 185,000 workers in July, which was the smallest increase since April and reduced expectations of a strong jobs reading in the government’s payrolls report due Friday, according to a payrolls processor o…
Greek PM Tsipras says deal with lenders is close
ATHENS (Reuters) – Greek Prime Minister Alexis Tsipras said on Wednesday Greece is close to concluding a deal with lenders on a multi billion euro bailout, which he said would end doubts over the country’s presence in the euro zone.
Dish revenue, profit beat as revenue per pay-TV user rises
(Reuters) – Dish Network Corp reported higher-than-expected quarterly revenue and profit as it earned more per pay-TV subscriber and added broadband Internet users.
U.S. mortgage applications rise in latest week: MBA
(Reuters) – Applications for U.S. home mortgages rose last week as borrowing rates declined to their lowest since May, an industry group said on Wednesday.
Alibaba pins U.S. growth hopes on Goldman’s China rainmaker
HONG KONG (Reuters) – Alibaba Group Holding Ltd is hoping a Canadian Olympic gold medallist once tipped to be the next chief executive of Goldman Sachs Group Inc will help them make it big in the United States.
Oil bulls’ hope for quick price dip dimmed by 2020 crude under $70
HOUSTON (Reuters) – As oil prices entered a second steep slide a few weeks ago, bullish traders and analysts had hoped for a repeat of the sharp but short dip that occurred early in the year – a speculative slide below $50 a barrel followed by a quick …
