Publisher Simon & Schuster gets bid from investor backed by Mubadala – WSJ
(Reuters) – Book publisher Simon & Schuster has received a buyout bid from investor Richard Hurowitz, with backing from Abu…
Business
Intelsat, SES end talks on $10 billion merger – Bloomberg News
(Reuters) – Intelsat SA has ended negotiations to combine with SES SA as it was not able to reach an…
Atlanta Fed’s Bostic: Rates should stay steady from here
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve should not raise interest rates further or it would risk “needlessly”…
Ex-Goldman banker was ‘framed,’ attorney says at insider trial’s close
By Jody Godoy (Reuters) – Former Goldman Sachs banker Brijesh Goel’s trial on insider trading charges drew to a close…
Pharmaceutical trade group sues US over Medicare drug price negotiation plans
By Patrick Wingrove NEW YORK (Reuters) -The Pharmaceutical Research and Manufacturers of America (PhRMA), the leading industry lobby group, and…
Dollar dips as Powell testimony disappoints hawks
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell against a basket of currencies on Wednesday after Federal…
Fed nominees stress importance of inflation, job mandates in Senate hearing
By Michael S. Derby (Reuters) – Two Federal Reserve officials and a labor economist who aspires to join their ranks…
Mastercard launches global plan to recycle credit cards
By Simon Jessop LONDON (Reuters) – Payments company Mastercard on Wednesday launched a global project to recycle credit and debit…
Grupo Mexico defends legality of San Martin mine operations after U.S. labor complaint
By Daina Beth Solomon MEXICO CITY (Reuters) – Grupo Mexico said Wednesday it legally resumed operations at its San Martin…
Bank of Canada to gauge need for further hikes based on data -minutes
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada agreed that the need for further rate hikes…