Credit Suisse pleads guilty to U.S. criminal charge in tax probe
WASHINGTON/NEW YORK (Reuters) – Swiss bank Credit Suisse on Monday pleaded guilty to a criminal charge for its role in helping Americans dodge taxes, U.S. Attorney General Eric Holder said, and will pay more than $2.5 billion as part of an agreement wi…
Airbus chief says A380 to match 777X, pans U.S. tax breaks
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AstraZeneca rejects Pfizer’s take-it-or-leave-it offer
LONDON (Reuters) – Britain’s AstraZeneca on Monday rejected a sweetened and “final” offer from Pfizer, puncturing the U.S. drugmaker’s plan for a merger to create the world’s biggest pharmaceuticals group.
U.S. Democrats to target companies moving overseas to dodge taxes
WASHINGTON (Reuters) – Corporate tax-dodging deals known as inversions, in which a U.S. multinational shifts its tax domicile to a lower-tax country, would be restricted under legislation to be proposed in both houses of Congress by Democrats on Tuesda…
Ackman: Allergan CEO has conflict of interest on takeover offer
(Reuters) – Activist investor William Ackman said on Monday that Allergan Inc’s chief executive has a “disabling” conflict of interest because a takeover of his company by Valeant Pharmaceuticals International Inc would likely mean the loss of his job….
Ex-MF Global executives can tap more legal defense money: judge
NEW YORK (Reuters) – Jon Corzine and other former insiders of collapsed brokerage MF Global can tap another $10 million of insurance funds to defend lawsuits accusing them of hastening the firm’s downfall, a U.S. judge said on Monday.
AT&T-DirecTV merger may hinge on NFL agreement
(Reuters) – AT&T Inc can pull out of its agreement to buy DirecTV if the satellite TV operator is unable to renew a deal with the National Football League to offer the popular NFL Sunday Ticket football package, according to a regulatory filing on Monday.
Ousted N.Y. Times editor tells graduates to keep fighting
WINSTON-SALEM/NEW YORK (Reuters) – Ousted New York Times editor Jill Abramson struck a defiant note on Monday in her first public remarks since the newspaper fired her, urging a group of university graduates to fight back in the face of adversity.
Coal, climate change collide as customers query Aussie banks’ green credentials
SYDNEY (Reuters) – After 35 years of banking with big Australian banks like National Australia Bank , Paula and Peter Samson closed their accounts to protest the lenders’ exposure to the polluting fossil fuel industry.
Publicis, Facebook set marketing deal in ‘hundreds of millions’: source
(Reuters) – French advertising agency Publicis Groupe SA and Facebook Inc have struck a multi-year digital marketing deal worth hundreds of millions of dollars, according to a person familiar with the matter.
