Today's Top Story
Walt Disney raises bid for Fox assets to $71.3 billion, adds cash
(Reuters) - Walt Disney Co raised its bid for Twenty-First Century Fox Inc assets to $71.3 billion on Wednesday, sweetening its offer with cash as it looks to scuttle Comcast Corp's $65 billion offer last week. Read More
Business News
-
Wall Street advances as media stocks gain; Nasdaq hits record
(Reuters) - Technology and media stocks pushed Wall Street higher on Wednesday and helped the Nasdaq hit a record high, as markets eyed a recovery after being battered by a rapidly escalating China-U.S. trade tensions.
-
Looking for another Nasdaq? Try Europe's aerospace and defense stocks
MILAN (Reuters) - Fat order books covering several years of sales have made European aerospace and defense firms a winning bet as a slowing economy and political instability have clouded prospects for the region's equity market.
-
EU Parliament committee votes for tougher EU copyright rules to rein in tech giants
BRUSSELS (Reuters) - Google
, Facebook , Microsoft and other tech giants could face more curbs on their market power after a European Parliament committee voted in favor of tougher copyright rules on Wednesday. - More Business News»
Economic News
-
Wall Street advances as media stocks gain; Nasdaq hits record
(Reuters) - Technology and media stocks pushed Wall Street higher on Wednesday and helped the Nasdaq hit a record high, as markets eyed a recovery after being battered by a rapidly escalating China-U.S. trade tensions.
-
EU to impose duties on U.S. imports Friday after Trump tariffs
BRUSSELS (Reuters) - The European Union will begin charging import duties of 25 percent on a range of U.S. products on Friday, in response to U.S tariffs imposed on EU steel and aluminum early this month, the European Commission said on Wednesday.
-
Iran signals compromise for modest rise in OPEC oil output
VIENNA (Reuters) - Iran signaled on Wednesday it could compromise on a small increase in OPEC oil output when the group meets this week, as Saudi Arabia scrambled to convince fellow members on the need for a larger rise in production.
- More Economic News»
Money News
-
Your Money: How to deal with the paperwork scramble after a spouse dies
NEW YORK (Reuters) - When you are grieving a departed spouse, the last thing you want to think about is changing the title to your car.
-
Goldman Sachs to invest $500 million in women-run companies
(Reuters) - Goldman Sachs Group Inc will pump $500 million into companies led, founded or owned by women, as it steps up efforts to close the gender investing gap, the Wall Street bank said on Tuesday.
-
BofA's Merrill admits misleading customers, to pay $42 million SEC fine
WASHINGTON/NEW YORK (Reuters) - Bank of America Corp's
Merrill Lynch unit admitted to misleading brokerage customers about which firms processed their trades and agreed to pay a $42 million fine under a settlement with the U.S. Securities and Exchange Commission announced on Tuesday. - More Money News»
