FTC approves Dollar Tree’s takeover of Family Dollar
(Reuters) – Dollar Tree Inc was given the go-ahead to buy Family Dollar Stores Inc by the U.S. Federal Trade Commission on condition that they sell 330 Family Dollar stores, putting to rest a year-long merger saga.
Brazil probes currency market activity of 15 global banks
SAO PAULO/BRASILIA (Reuters) – Fifteen of the world’s largest banks are under investigation on suspicion of rigging the Brazilian currency, antitrust watchdog Cade said on Thursday, the first such probe in one of the busiest foreign exchange markets gl…
Wall St. edged down on Greece worries, tepid U.S. data
(Reuters) – U.S. stocks closed down slightly on Thursday after the International Monetary Fund warned Greece ahead of its Sunday referendum that it faces a huge financial hole, and mixed jobs data dampened the U.S. economic outlook.
Investors tell court they were shortchanged $1 billion in Dole deal
WILMINGTON, Del (Reuters) – Former shareholders of Dole Food Co pressed a Delaware judge on Thursday to award them a judgment of more than $1 billion for what they claim was a lowball buyout of the company in 2013 by its chief executive, David Murdock….
IMF warns of huge financial hole as Greek vote looms
ATHENS/WASHINGTON (Reuters) – The International Monetary Fund delivered a stark warning on Thursday of the huge financial hole facing Greece as angry and uncertain voters prepare for a referendum that could decide their country’s future in Europe.
Airlines’ undisciplined talk may have led to antitrust probe: experts
WASHINGTON (Reuters) – Frequent assurances by U.S. airline executives that they would maintain “discipline” when adding seats on competitive routes were a red flag for antitrust regulators on alert for collusion between the four largest air carriers, a…
Regulatory rebuffs could force GE to seek other deals, more buybacks
(Reuters) – U.S. and European regulatory resistance could force General Electric Co to seek another buyer for its appliances business and different paths to expand its industrial operations in an ongoing strategic overhaul.
Top U.S. regulator expects action on Fiat Chrysler over recalls
WASHINGTON (Reuters) – The top U.S. auto safety regulator said on Thursday he will move quickly to take action in response to Fiat Chrysler Automobiles NV’s mishandling of recalls involving up to 11 million vehicles.
Intel President Renée James to step down in January
(Reuters) – Intel Corp President Renée James will step down in January to pursue an external chief executive role, Intel Chief Executive Brian Krzanich said in a statement.
U.S. regulator says Fiat Chrysler misled agency on Takata recalls
WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV misled U.S. auto safety regulators about recall notifications to the owners of vehicles equipped with defective Takata Corp air bags, a U.S. safety recall analysts said on Thursday.
