Stocks leap as Wall Street lauds jobs growth
(Reuters) – U.S. stock indexes ended more than 1 percent higher on Friday after strong jobs data indicated U.S. economic growth was picking up momentum, but not enough to raise concerns about an earlier-than-expected interest-rate rise by the Federal R…
Monsanto set to press ahead with Syngenta takeover plan: source
(Reuters) – U.S. agrochemicals firm Monsanto has not given up on a proposed takeover of Swiss rival Syngenta , a source close to Monsanto said on Friday after its $45 billion offer was rejected.
Visa in talks to buy former subsidiary Visa Europe for up to $20 billion: Bloomberg
(Reuters) – Visa Inc is in preliminary talks to buy former subsidiary Visa Europe Ltd, in a deal that could be valued at up to $20 billion, Bloomberg reported, citing people with knowledge of the matter.
Syngenta rejects $45 billion Monsanto takeover offer
ZURICH/LONDON (Reuters) – Agrochemicals firm Syngenta on Friday rejected a $45 billion takeover offer from Monsanto, saying the offer undervalued the Swiss firm and did not fully take into account regulatory risks.
Ford Venezuela unit to sell cars in dollars only: sources
CARACAS (Reuters) – The Venezuela division of Ford Motor Co will begin selling vehicles only in dollars in the coming months, two sources familiar with the situation said on Friday, as currency controls leave the automaker unable to recover revenue fro…
Starbucks moves Ethos water bottling out of drought-hit California
LOS ANGELES (Reuters) – Starbucks Corp on Friday said it would stop sourcing water for its Ethos Water brand in California, which is in the fourth year of a serious drought that has prompted the governor to order the state’s first-ever mandatory water …
Target-MasterCard settlement moves ahead despite U.S. judge’s doubts
NEW YORK/CHICAGO (Reuters) – A federal judge has rejected a bid from a group of banks and credit unions suing Target Corp over its 2013 data breach to block the company’s proposed $19 million settlement with MasterCard Inc .
American Apparel ex-CEO Charney sues investor for defamation
(Reuters) – Dov Charney, the ousted chief executive of American Apparel Inc , has filed a $30 million defamation lawsuit against a New York hedge fund that controls a large stake in the clothing company he founded, and which refused to support his retu…
Greek PM forecasts ‘happy end’; Eurogroup chief cites progress in talks
ATHENS/ROME (Reuters) – Greek Prime Minister Alexis Tsipras forecast a happy end soon to fraught negotiations with creditors on a cash-for-reform deal, and the chairman of euro zone finance ministers said talks were making progress, though not enough f…
Fiat Chrysler seeks new trial, says April award ‘grossly excessive’
DETROIT (Reuters) – Fiat Chrysler Automobiles has asked for a new trial following one that ended early in April with a Georgia jury awarding $150 million to the family of a 4-year-old boy killed in a fiery crash involving at 1999 Jeep Grand Cherokee.
