From Boston hero to goat, billionaire John Henry takes on Globe challenge
BOSTON (Reuters) – As recently as five years ago, billionaire John Henry, could do no wrong in Boston, but since then the image of the man who agreed to buy the Boston Globe on Saturday has taken a beating.
New Siemens CEO says played no role in his predecessor’s ouster
FRANKFURT (Reuters) – Joe Kaeser, the new chief executive of German engineering group Siemens, told a newspaper he played no role in the ousting of his predecessor Peter Loescher.
DirecTV sides with Time Warner over CBS fee dispute
(Reuters) – In an unusual show of solidarity between rivals, satellite TV provider DirecTV issued a statement on Saturday applauding Time Warner Cable’s decision to drop CBS programming from its lineup in the nation’s two largest markets after the two …
Canada draws up directive on beacons in 787 fire investigation
(Reuters) – Canada’s air transport regulator is drawing up a safety directive concerning the emergency beacons at the center of an investigation into a fire on a parked Boeing 787 Dreamliner last month, it said on Saturday.
New York Times sells Boston Globe to Red Sox owner
NEW YORK (Reuters) – The New York Times Co has agreed to sell The Boston Globe to the principal owner of the Boston Red Sox baseball team for $70 million in cash, a small fraction of what the Times paid for the newspaper 20 years ago.
Germany’s Symrise eyeing food tech start-ups in Americas, Asia: CEO
FRANKFURT (Reuters) – German flavour and scent maker Symrise is focusing its acquisition strategy on food technology start-ups in the Americas, Asia and in emerging markets – a particular target for sales growth, its chief executive told a German newsp…
U.S. judge denies class certification sought by women suing Wal-Mart
(Reuters) – In another setback for women suing Wal-Mart, a U.S. judge in San Francisco on Friday rejected an attempt to bring reformulated sex discrimination claims against the company as a class action.
SAC lawyers support delay in civil case against firm’s founder
(Reuters) – Lawyers for SAC Capital Advisors founder Steven A. Cohen expressed support for a government motion to delay insider trading civil proceedings against Cohen, pending related criminal charges against his hedge fund, according to a court filin…
Northern California city sues Chevron over refinery fire
SAN FRANCISCO (Reuters) – The Northern California city of Richmond on Friday sued Chevron Corp, saying the company was willfully negligent in a massive refinery fire and a smoke cloud last year that sent thousands of people to hospitals.
Northern California city sues Chevron over refinery fire
SAN FRANCISCO (Reuters) – The Northern California city of Richmond on Friday sued Chevron Corp, saying the company was willfully negligent in a massive refinery fire and a smoke cloud last year that sent thousands of people to hospitals.