U.S. toymaker Hasbro makes new approach to buy Matte U.S. toymaker Hasbro makes new approach to buy Matte: Hasbro Inc (HAS.O) has made an approach to acquire rival Mattel Inc (MAT.O), a source familiar with the matter said on Friday, the latest attempt to combine the two biggest U.S. toymakers […]
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GE cutting staff ahead of new CEOs Monday overhaul GE cutting staff ahead of new CEOs Monday overhaul: General Electric Co (GE.N) is laying off sales staff and other employees in its software division, according to people familiar with the matter, ahead of new Chief Executive John Flannery’s expected announcement […]
MLPs poised for bounce but could be short lived MLPs poised for bounce but could be short lived: Master limited partnerships (MLPs) have been beaten down in 2017, but conditions may be turning in their favor for a short-term bounce by year-end. An MLP is a limited partnership that is […]
Rupert Murdoch twice discussed CNN with AT&T CEO Rupert Murdoch twice discussed CNN with AT&T CEO: Rupert Murdoch telephoned AT&T Inc (T.N) Chief Executive Randall Stephenson twice in the last six months and talked about cable network CNN, sources briefed on the matter told Reuters on Friday. Rupert Murdoch telephoned […]
Men at Work Wonder if They Overstepped With Women Men at Work Wonder if They Overstepped With Women: It has been a confusing season for America’s working men, as the conversation around workplace harassment reveals it to be a nationwide epidemic — and many men wonder if they were involved […]
Jury Awards $7.5M to Man For Walmart Watermelon Injury Jury Awards $7.5M to Man For Walmart Watermelon Injury: An Alabama jury has awarded $7.5 million to a man who says he broke his hip buying a watermelon at WalMart. Henry Walker, 61, says his foot became trapped in a pallet […]
GOP Tax Cuts Expected To Push Up Nations Debt GOP Tax Cuts Expected To Push Up Nations Debt: When Republicans began assembling their tax overhaul proposals they were aiming to make them revenue neutral; the tax cuts could not lead to increased deficits. Holding the line on deficits has long […]
Chip stocks tumble as top performer Nvidia Chip stocks tumble as top performer Nvidia set to report results: hares of chipmakers slumped on Thursday ahead of a quarterly earnings report from Nvidia Corp (NVDA.O), the star performer of the high-flying sector over the past year. The Philadelphia Semiconductor index .SOX […]
News Corp profit beats on digital real estate unit strength News Corp profit beats on digital real estate unit strength: News Corp said revenue in its rapidly growing digital real-estate unit, which includes REA Group Ltd (REA.AX), rose nearly 20 percent to $271 million. Increased competition from digital media and […]
New Star Wars trilogy raises hopes after Disney results miss target New Star Wars trilogy raises hopes after Disney results miss target: The force of “Star Wars” lifted Walt Disney Co (DIS.N) shares on Thursday as the promise of a new film trilogy overshadowed disappointing quarterly results and struggles at […]
