Syngenta AG rejects second takeover offer from Monsanto
Syngenta AG rejected a $45 billion takeover offer from its US agrochemical and agricultural biotech rival Monsanto Co. A takeover occurs when one company...
Deutsche Bank names John Cryan as its new CEO
Deutsche Bank has named John Cryan as its new CEO after the company’s co-chief executives Anshu Jain and Juergen Fitschen resigned.
Mr. Jain and Mr....
UK may begin RBS shares sale this September
The UK will soon begin selling shares of state-owned Royal Bank of Scotland (RBS).
The Treasury is reportedly planning an initial sale of RBS shares...
Apple releasing new streaming music platform “Apple Music”
Apple’s new streaming music platform, dubbed “Apple Music”, is only days away from being unveiled at the company’s June 8 annual event in San...
Netflix expanding into southern European market
Netflix is reportedly planning on expanding into southern Europe by the fall.
The company wants its TV-streaming service to be available in over 200 countries...
Chinese company bid $2.35 million to win lunch with Warren Buffett
Chinese gaming company Da Lian Zeus Entertainment made a $2.35 million bid on Friday to win a private lunch with Warren Buffett.
The proceeds of...
Dow and S&P 500 both closed lower on Friday
Despite robust labor market reports, the Dow and S&P 500 both closed lower Friday on expectations that the Federal Reserve will begin increasing rates as...
US economy added 280,000 new jobs in May
In May the US economy added 280,000 new jobs, beating economists' estimates.
According to Bloomberg, economists expected gains of 220,000.
Businesses added 262,000 jobs, while Federal,...
US worker productivity dropped 3.1 percent in the first quarter
US worker productivity dropped sharply in the first quarter of 2015. Productivity refers to the rate of production of a unit of input, including...
Intel acquiring Altera for $16.7 billion
Intel Corp announced on Monday that it plans on acquiring chip maker Altera for $16.7 billion in an all-cash transaction.
The deal represents Intel’s effort...