‘Ringleader’ says Apple did not raise e-books prices
NEW YORK (Reuters) – An Apple Inc executive at the center of an antitrust lawsuit by the U.S. government said on Thursday the company “didn’t care” what price publishers set for e-books.
Starboard sues Office Depot for not holding annual meeting
NEW YORK (Reuters) – Top Office Depot Inc investor Starboard Value LP sued the second-largest U.S. office supply retailer on Thursday for not holding an annual shareholder meeting to elect directors, an unusual step on the eve of a merger.
EU tries to persuade France to back U.S. free trade talks
LUXEMBOURG (Reuters) – The European Union will try to overcome French resistance to free-trade talks with the United States on Friday and keep alive plans for a deal that could boost their struggling economies by dramatically increasing transatlantic b…
Exclusive: TPG, J.C. Flowers, Resolution bid for Allstate unit – sources
NEW YORK (Reuters) – British financial services firm Resolution Group and private equity firms TPG Capital and J.C. Flowers are bidding for Allstate Corp’s Lincoln Benefit Life subsidiary, according to two people familiar with the situation.
Swiss committee says parliament should ditch debate on U.S. tax deal
BERN/ZURICH (Reuters) – A Swiss parliamentary committee said on Thursday that lower house lawmakers should decline to debate a bill which would allow banks to sidestep strict secrecy laws and pass information to U.S. authorities.
ISS urges Clearwire shareholders to vote against Sprint deal
NEW YORK (Reuters) – Proxy advisory firm Institutional Shareholder Services on Thursday urged Clearwire Corp shareholders to vote against majority shareholder Sprint Nextel Corp’s $3.40 per share offer for Clearwire stock it does not already own.
Lululemon’s Day says CEO search under way, other executives to be named soon
TORONTO (Reuters) – Lululemon Athletica Inc’s outgoing chief executive said on Thursday the upscale yogawear retailer has begun its search for a new leader and will soon fill other senior positions.
Toyota Industries plans to invest $3 billion over three years: Nikkei
(Reuters) – Japanese machinery maker Toyota Industries Corp plans to invest about 300 billion yen ($3.18 billion) over the next three years as it looks to make itself more competitive, the Nikkei said.
EADS boss sees strong Airbus orders at Paris Airshow
PARIS (Reuters) – European planemaker Airbus expects to sign orders for hundreds of passengers jets at next week’s Paris Airshow, the head of parent company EADS said on Thursday.
Ford may develop new models as part of Lincoln brand revival
DETROIT (Reuters) – Ford Motor Co may branch out and develop new models for Lincoln in fast-growing vehicle segments as part of the second-largest U.S. automaker’s latest attempt to revive the struggling luxury brand and boost its profits.
