Senator urges ‘extreme caution’ on Softbank-Sprint deal WASHINGTON (Reuters) – An influential senator on Friday expressed strong concerns about Japanese company Softbank Corp's plan to buy 70 percent of Sprint Nextel, the No. 3 mobile service provider, warning it could expose the United States to more Chinese cyber attacks. "I have real concerns that this [...]
Brendan Monaghan: In Salem, no deal on PERS and taxes – OregonLive.com Brendan Monaghan: In Salem, no deal on PERS and taxesOregonLive.comThis is not to say the loyal opposition should refuse to work with Democrats on tax reform. Sens. Brian Boquist, R-Dallas, and Larry George, R-Sherwood, have proposed a carve-out of small businesses from the [...]
Dish uses national security ads to fight SoftBank deal By Liana B. Baker (Reuters) – Dish Network Corp has rolled out an advertising campaign suggesting a deal by a Japanese company to acquire Sprint Nextel Corp could threaten U.S. national security, hoping to sway lawmakers and win support for its rival offer. The campaign, which [...]
DBS-Danamon deal hinges on Singapore’s invite to Indonesian banks By Saeed Azhar and Janeman Latul SINGAPORE/JAKARTA (Reuters) – Southeast Asia's largest bank merger now depends largely on cooperation between Singaporean authorities and Indonesian politicians. Indonesia's central bank gave Singapore's DBS Group Holdings Ltd its long-awaited approval on Tuesday to buy a 40 percent, or $ [...]
Actavis to buy Warner Chilcott in billion stock deal By Caroline Humer (Reuters) – Generic drugmaker Actavis Inc, itself the subject of takeover speculation, said on Monday it would buy specialty pharmaceutical company Warner Chilcott Plc for $ 5 billion in stock to expand its branded drug portfolio, lower taxes and increase profits. Warner Chilcott [...]
Analysis: Shrinking deficit reduces pressure for budget deal By Jason Lange and David Lawder WASHINGTON (Reuters) – The chances of a deal between Democratic and Republican lawmakers that would overhaul the tax system, trim government spending and reform safety net spending programs appear to be fading. A sudden improvement in the outlook for the government [...]
Analysis: Airline emissions deal may not come before EU deadline By Allison Martell (Reuters) – Hope is fading for a global deal to regulate the airline industry's greenhouse gas emissions ahead of a fall deadline, even though failure could push the industry back to the brink of a trade war over the European Union's emissions [...]
Switzerland close to deal in U.S. tax dispute: finance minister ZURICH (Reuters) – Switzerland is on the brink of a deal to settle a long-running dispute with U.S. authorities over Swiss banks accused of helping wealthy Americans evade billions of dollars of tax, the finance minister said on Saturday. "We hope that we will shortly [...]
China deal ends distraction, but not questions, for Caterpillar By James B. Kelleher CHICAGO (Reuters) – Caterpillar Inc's deal to cut the purchase price of a Chinese mining-equipment maker it bought last year ends an embarrassing episode that overshadowed the company's effort to expand in China and distracted its executives for months. Now, analysts say, [...]
Minnesota budget deal: Higher taxes for top earners, smokers – Minnesota Public Radio WDIO-TV Minnesota budget deal: Higher taxes for top earners, smokersMinnesota Public RadioThe plan also drops some measures that were championed by House Democrats. Key among them was an increase in alcohol taxes. Thissen says he also dropped a push for a temporary [...]