Coverage: Bayer ups its offer to buy Monsanto
Bayer AG is willing to up its offer to acquire Monsanto Co. to $127.50 a share, and it’s apparently in advanced negotiations to acquire the U.S.-based seed company. Adam Samson of the Financial Times had the news: Germany’s Bayer said in a statement that “while key terms and conditions have not yet been agreed”, it would […]
Talking Biz News Today — Sept. 6, 2016
Some of Tuesday’s top business news stories: Associated Press China promises cooperation on steel at global summit, by Joe McDonald British tea is booming in China, the drink’s birthplace, by Leonora Beck Bloomberg Bayer sweetens Monsanto bid again as talks advance, by Robin Saponar and Lydia Mulvany Samsung Note 7 recall will be pricey, but probably […]
Coverage: SpaceX explosion is a headache for Musk, Zuckerberg
The explosion of an unmanned SpaceX rocket Thursday morning at Cape Canaveral Air Force Station has put a crimp in the business plans of two of the tech industry’s best-known CEOs — Elon Musk and Mark Zuckerberg. Samantha Masunaga and Jim Puzzanghera of the Los Angeles Times had the news: The ensuing fireball delivered a blow […]
Talking Biz News Today — Sept. 2, 2016
Some of Friday’s top business news stories: Associated Press U.S. factory activity shrinks for first time in six months, by Christopher Rugaber U.S. auto sales fall 4 percent in August, by Dee-Ann Durbin Bloomberg Another sign Manhattan real estate is feeling the pain, by Oshrat Carmiel Asia is a growth market for military aircraft, by […]
Coverage: McDonald’s names new head of U.S. business
McDonald’s Corp. on Wednesday named a relative newcomer to the fast food restaurant company as the next head of its U.S. business, a change from its past promotions. Candice Choi of the Associated Press had the news: The Oak Brook, Illinois-based company said Wednesday that Mike Andres, who is 58 and stepped into his role in […]
Talking Biz News Today — Sept. 1, 2016
Some of Thursday’s top business news stories: Associated Press The quest to end lost airline luggage, by Scott Mayerowitz No-tipping trend now at more restaurants, with mixed result, by Sarah Skidmore Sell Bloomberg Musk talked merger with SolarCity CEO before sale of stock, by David Welch and Dana Hull Fed officials push financial stability to […]
Coverage: Two fertilizer companies in talks to combine
Canadian fertilizer giants Agrium Inc. and Potash Corp. are in talks about a possible merger of equals that would create a company worth $28 billion as the industry contends with lower earnings. Ben Dummett of The Wall Street Journal has the news: For the first six months of this year, Agrium’s retail business generated sales of $8.1 billion, […]
Talking Biz News Today — Aug. 31, 2016
Some of Wednesday’s top business news stories: Associated Press U.S. stocks mostly lower as investors wait for jobs report, by Ken Sweet NBC seeks winning streak snapped at 21 nights, by David Bauder Bloomberg Goldman Sachs said to have lost $1.8 billion U.S. property deal, by Hui-Yong Yu Apple is working on iPad upgrades and […]
Coverage: Mondelez walks away from Hershey
Mondelez International Inc. ended its bid to acquire Hershey Co.after the famed chocolate-bar maker rebuffed a new takeover offer and indicated it would be difficult to strike a deal before next year. Jess Stynes and Dana Cimulluca of The Wall Street Journal had the news: Mondelez said in a statement after the market closed Monday that it determined […]
Talking Biz News Today — Aug. 30, 2016
Some of Tuesday’s top business news stories: Associated Press Foot Locker looks to play up the store experience, by Anne D’Innocenzio U.S. consumer spending posts slower growth in July, by Martin Crutsinger Bloomberg Herbalife rises after Carl Icahn increases stake in company, by Beth Jinks and Matthew Townsend Apple’s Irish tax bill may run into […]
