Austria’s AMS lights up Osram bidding war with new $4.9 billion offer
Austrian sensor maker AMS raised its takeover offer for Osram to 4.5 billion euros ($4.9 billion) on Friday, ratcheting up the pressure on a private...
Cooling U.S. consumer spending underscores risks to economy
U.S. consumer spending barely rose in August and business investment remained subdued amid lingering trade tensions, prompting economists to slash their economic growth estimates for...
Haiti protests escalate as streets barricaded, police cars set on fire
Haitians erected street barricades and set police cars ablaze on Friday as protests intensified in the impoverished Caribbean nation, after four people were killed in...
Wall Street drops as White House weighs delisting Chinese companies
U.S. stocks slipped on Friday after news that the Trump administration was considering delisting Chinese companies from U.S. stock exchanges and limit U.S. investments into...
Barclays pays $6.3 million to settle U.S. SEC’s Asia-Pacific hiring probe
Barclays has agreed to pay about $6.3 million to settle U.S. charges it violated a federal anti-bribery law by hiring family and friends of foreign...
Supercars of Obiang son on the block at Swiss auction
A collection of luxury cars confiscated by Geneva authorities from a son of the president of Equatorial Guinea is estimated to fetch 18.5 million Swiss...
Trump considers delisting Chinese firms from U.S. markets: source
President Donald Trump’s administration is considering the possibility of delisting Chinese companies from U.S. stock exchanges, a source briefed on the matter said on Friday,...
Wells Fargo chooses BNY Mellon’s Scharf as third CEO in three years
Wells Fargo & Co on Friday named banking veteran Charles Scharf its next chief executive officer, ending a six-month search for a new leader to...
Nets All-Stars Irving, Durant take stage in Brooklyn
It was after 4 in the morning on the first day of free agency when Kyrie Irving and Kevin Durant chose to become family....
U.S. charges 35 people in massive healthcare fraud take-down involving genetic tests
U.S. authorities unveiled criminal charges against 35 individuals on Friday, as part of a sweeping crackdown into genetic testing fraud schemes that they said caused...