PE firm J.F. Lehman to buy waste disposal company Heritage-Crystal for $1.2 billion
(Reuters) – Heritage-Crystal Clean said on Wednesday it has agreed to be acquired by private equity firm J.F. Lehman &…
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Stanford University president to quit after review finds flaws in his research
By Brad Brooks (Reuters) -The president of Stanford University, one of the most prestigious U.S. schools, announced plans on Wednesday…
IBM misses second-quarter revenue estimates as tech spending cools
By Chavi Mehta (Reuters) – Enterprise software provider IBM’s second-quarter revenue fell short of Wall Street expectations on Wednesday, bogged…
Microsoft, Activision urge U.S. to drop case against deal before internal FTC judge
WASHINGTON (Reuters) -Microsoft, which is seeking to wrap up its acquisition of game-maker Activision Blizzard, urged the U.S. Federal Trade…
US scrambles to determine fate of soldier Travis King, who fled to North Korea
By Hongji Kim and Phil Stewart PAJU, South Korea/WASHINGTON (Reuters) -U.S. officials scrambled on Wednesday to determine the fate of…
United Airlines posts record high quarterly earnings, lifts full-year outlook
By Rajesh Kumar Singh CHICAGO (Reuters) -United Airlines Holdings on Wednesday lifted its full-year profit outlook after posting the highest…
US Fed fines Deutsche Bank $186 million for slow progress against money laundering
By Pete Schroeder and Chris Prentice WASHINGTON (Reuters) -The Federal Reserve said on Wednesday it fined Deutsche Bank and its…
Europe battles heat and fires; sweltering temperatures scorch China, US
By Crispian Balmer and Ryan Woo ROME/BEIJING (Reuters) – Italy put 23 cities on red alert as it reckoned with…
Venezuela ex-spymaster arrives in US to face drug charges after extradition
By Luc Cohen MADRID/NEW YORK (Reuters) -The former head of Venezuela’s military intelligence, Hugo Carvajal, arrived in the United States…
Global stocks, dollar gain as UK cooling inflation lifts sentiment
By Herbert Lash NEW YORK (Reuters) -Global stocks rose and the dollar strengthened on Wednesday after a surprise cooling of…