Exclusive: Credit Suisse deal with U.S. authorities could top $2 billion – sources
NEW YORK/WASHINGTON (Reuters) – New York state’s banking regulator is seeking hundreds of millions of dollars from Credit Suisse in its probe of potential tax evasion involving the Swiss bank, according to sources close to the matter, which could push …
Dow, S&P 500 end at record highs; DirecTV up late
NEW YORK (Reuters) – The Dow and the S&P 500 ended at record highs on Monday while the Nasdaq rallied as shares of Internet and biotech shares advanced.
U.S.-EU data privacy rules won’t cause regulatory headache: official
WASHINGTON (Reuters) – U.S. companies will not face a much heavier compliance burden when new rules governing the protection of personal data between the United States and European Union come into effect, a senior Commerce Department official said on M…
AT&T in advanced talks to buy DirecTV for about $50 billion: source
(Reuters) – AT&T Inc is in advanced talks to buy satellite TV provider DirecTV for about $100 per share, or roughly $50 billion, a person familiar with the matter said on Monday.
GM crash victim’s family files new lawsuit, claims company lied
(Reuters) – A Georgia couple who settled with General Motors Co last year over their daughter’s fatal car crash linked to a faulty ignition switch has filed a new lawsuit against the automaker.
Thomson Reuters and ex-employee agree to settle lawsuit
(Reuters) – Thomson Reuters Corp and a former employee who sued the company claiming wrongful termination reached a settlement agreement, according to a court document filed on Monday.
Texas’ Wyly brothers committed fraud with offshore trusts: jury
NEW YORK (Reuters) – A jury on Monday found that Texas business brothers Samuel and Charles Wyly committed fraud by creating a secret scheme involving offshore trusts that netted them $550 million in illegal trading profits.
Three Lawson Software founders settle SEC insider trading charges
(Reuters) – Three Lawson Software Inc founders agreed to pay about $5.8 million to settle U.S. insider trading charges that they took advantage of incorrect media and analyst reports to trade stock ahead of the company’s 2011 merger.
Hillshire to buy Pinnacle, in merger of meat and veggies
(Reuters) – Hillshire Brands Co said on Monday it would buy Pinnacle Foods Inc in a $4.3 billion deal that will combine its lineup of Jimmy Dean sausages and Hillshire lunch meats with Pinnacle’s Birds Eye frozen vegetables and Vlasic pickles.
Allergan rejects Valeant Pharma’s ‘cut and slash’ takeover
(Reuters) – U.S. drugmaker Allergan Inc on Monday rejected Valeant Pharmaceuticals International Inc’s $47 billion takeover offer, saying its proposed cost cuts were too steep.
