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BAT offers to buy U.S. tobacco firm Reynolds in $47 billion deal

British American Tobacco has offered to buy out U.S. cigarette maker Reynolds American Inc in a $47 billion takeover that would create the world's biggest listed tobacco company with brands including Newport, Lucky Strike and Pall Mall. The cash-and-stock deal would mark the return of BAT to the lucrative and highly regulated U.S. market after a 12-year absence, making …

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BAT offers to buy U.S. tobacco firm Reynolds in $47 billion deal

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McDonald’s U.S. sales revive amid stiff competition

Sales at established U.S. restaurants rose 1.3 percent as a result, offsetting the negative impact of competition and lower grocery prices that encouraged some diners to cook at home. The result from the United States, which accounts for about 40 percent of overall profit at McDonald's, just exceeded analysts' lowered expectations, and was not as …

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McDonald’s U.S. sales revive amid stiff competition

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SunEdison creditors launch lawsuit against lenders in bankruptcy battle

By Jessica DiNapoli NEW YORK (Reuters) – A group of SunEdison Inc lenders took control of the renewable energy developer after inking a “sweetheart deal” to try to save their investment as the company approached bankruptcy, hurting other creditors, according to a lawsuit filed late Thursday in U.S. bankruptcy court. SunEdison transferred “hundreds of millions of dollars” to the lenders, which included buyout firms Apollo Global Management LLC…

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SunEdison creditors launch lawsuit against lenders in bankruptcy battle