Tyson Foods to shut three factories, cut 950 jobs
(Reuters) – Tyson Foods Inc said it will discontinue operations at three of its factories which make processed meat products such as sausages and hot dogs, affecting about 950 people.
U.S. sets anti-dumping duties on solar imports from China, Taiwan
WASHINGTON (Reuters) – The United States on Friday set new import duties on solar products from China and Taiwan after the Commerce Department found that the solar panels and cells are being sold too cheaply on the U.S. market.
BSkyB to pay $9 billion to create Sky Europe
LONDON/PARIS (Reuters) – Britain’s BSkyB has agreed to pay $9 billion to buy the Rupert Murdoch’s pay-TV companies in Germany and Italy, taking its hunt for growth into Europe by creating a media powerhouse with 20 million customers.
Wall St. closes lower on Amazon, Visa; S&P’s weekly gain erased
NEW YORK (Reuters) – U.S. stocks closed lower on Friday in a broad consumer discretionary-led selloff after Visa and Amazon, a pair of closely watched bellwether names, reported disappointing results.
Argentina fails to reach breakthrough in debt mediator talks
NEW YORK/BUENOS AIRES (Reuters) – Argentina failed to reach a breakthrough with the U.S. court-appointed mediator in its battle with holdout creditors on Friday in talks that lasted just an hour, suggesting a settlement to avoid a default next week rem…
Facebook says SEC’s IPO probe ends, extending WhatsApp closing date
(Reuters) – Facebook Inc said the U.S. Securities and Exchange Commission dropped its probe into the social networking company over events surrounding its controversial initial public offering.
Exclusive: Exxon eyes expanding Texas refinery into biggest in U.S. – sources
HOUSTON (Reuters) – Exxon Mobil Corp is considering a multibillion-dollar plan to expand its Beaumont, Texas, refinery into the country’s largest, the first major refining investment of the U.S. shale oil boom, people with knowledge of the deliberation…
Dell, BlackBerry downplay threat from Apple-IBM alliance
TORONTO (Reuters) – IBM Corp’s recent move to partner with Apple Inc to sell iPhones and iPads loaded with corporate applications has excited investors in both companies, but two rivals say they are unperturbed for now.
Citigroup unit to pay $5 million to settle SEC charges
(Reuters) – A private trading venue owned by Citigroup will pay a $5 million penalty to settle charges that it failed to protect customers’ data, marking the latest case in a crackdown by U.S. regulators over alleged market rule violations.
U.S. business spending data gives mixed signals on growth
WASHINGTON (Reuters) – A mixed reading on the health of U.S. business investment on Friday suggested the economy may not have rebounded as strongly in the second quarter as previously believed, but it offered hope for the rest of 2014.
