Fox Settles With Gretchen Carlson Over Roger Ailes Sex Harassment Claims
Photo Gretchen Carlson, a former anchor at Fox News, filed suit on July 6, leading to Roger Ailes’s ouster two weeks later. Credit Bryan Anselm for The New York Times The parent company of Fox News said on Tuesday that it had settled a lawsuit with its former anchor Gretchen Carlson, who said that Roger Ailes had sexually harassed her when he was chairman of the network.A 21st Century Fox Corporation news release did not specify a settlement amount, but a person briefed..>> view originalBayer sweetens Monsanto bid as talks enter final stretch
FRANKFURT/NEW YORK German pharmaceutical and crop chemicals manufacturer Bayer AG says talks with Monsanto Co have advanced and it is now willing to offer more than $65 billion, a 2 percent increase on its previous offer for the world's largest seeds company."Both sides are gradually nearing consensus," one person familiar with the matter said.Monsanto has also agreed to open its books for Bayer to conduct due diligence checks on the company's business, two sources close to the matter said.Ba..>> view originalU.S. Services Industries Expand at Weakest Pace in Six Years
America’s service industries expanded in August at the weakest pace in six years, joining manufacturers in an abrupt slowdown that may signal waning optimism about the economy.The Institute for Supply Management’s non-manufacturing index slumped to 51.4, the lowest since February 2010, from 55.5 in July, the Tempe, Arizona-based group’s report showed Tuesday. While a reading above 50 indicates the industries that make up almost 90 percent of the economy are expanding, the figure is lower than t..>> view originalDanaher Buys Cepheid for $4 Billion in First Deal Since Spinoff
Danaher Corp. made his first big deal since spinning off its industrial businesses in July to focus on science and technology, with the acquisition of medical diagnostics company Cepheid for $4 billion, including debt.The offer, at $53 a share, is 54 percent higher than Cepheid’s closing price on Friday, the last day of trading since the U.S. Labor Day holiday. With the deal, Danaher Chief Executive Officer Thomas Joyce is gaining a maker of instruments that enable fast genetic testing for infe..>> view originalCanada's Enbridge to buy Spectra Energy in $28 billion deal
Enbridge Inc (ENB.TO), Canada's largest pipeline company, said on Tuesday it would buy Spectra Energy Corp (SE.N) in an all-stock deal valued at about C$37 billion ($28 billion) to create the largest North American energy infrastructure company.Enbridge's biggest-ever deal comes as the company has been steadily expanding its North American pipeline network, which carries the bulk of Canadian crude oil to the United States.Spectra shareholders will get 0.984 shares of the combined company for ..>> view originalWall Street rises on lower rate-hike odds, merger activity
Wall Street was higher on Tuesday morning as lower chances of an interest rate hike and a host of multi-billion dollar takeover deals boosted investor sentiment. Top Federal Reserve officials, encouraged by a string of strong economic data, had hinted that a rate hike could come as early as this month. However, Friday's disappointing employment numbers dampened those expectations.Traders now see a 21 percent chance of a rate hike this month, down from 24 percent, following the jobs data. The o..>> view originalGE wants to buy these two 3D printing companies for $1.4 billion
The GE90 was the first engine made by GE that contained 3D printed parts. Image: GE GE is buying 3D printing companies Sweden's Arcam and Germany's SLM Solutions Group for a total of $1.4 billion. 3D printing builds objects layer by layer, with each layer based on a horizontal cross section of a 3D model of the finished item. Also known as additive manufacturing, the process can produce parts which are light..>> view originalToy maker LEGO builds more plant capacity to revive growth in US sales
COPENHAGEN LEGO A/S reported a decline in revenue growth and profits for the first half of 2016, but only because the Danish toymaker needed time to add production capacity to meet increased demand for its colorful building bricks in North America, the company said on Tuesday.The group, which has become the world's most profitable toy maker ahead of Barbie Doll maker Mattel (MAT.O), saw revenue grow 11 percent in the six months to 15.69 billion Danish crowns ($2.35 billion), while operating pr..>> view originalNavistar Steps Off The Bankruptcy Brink With Volkswagen Partnership
Saturday, September 10, 2016
Fox Settles With Gretchen Carlson Over Roger Ailes Sex Harassment Claims and other top stories.
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