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Bayer in $66 billion bet that farmers will back linked-up supplies

Bayer's $66 billion purchase of Monsanto amounts to a long-term bet that farmers will grow to trust combinations of seeds and pesticides rather than continue to pick from ranges of separate products. Some farmers, though, are …

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Bayer in $66 billion bet that farmers will back linked-up supplies

Deutsche Bank to fight $14 billion demand from U.S. authorities

Deutsche Bank  said it would fight a $14 billion demand from the U.S. Department of Justice to settle claims it missold mortgage-backed securities, a shock bill that raises questions about the future of Germany's largest lender. The claim against Deutsche, which is likely to trigger several months of talks, far exceeds the bank's expectations…

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Deutsche Bank to fight $14 billion demand from U.S. authorities

Wells Fargo faces proposed class action over bogus accounts

Wells Fargo & Co, embroiled in a scandal over the opening of sham accounts, was sued on Friday by customers who accused the bank of fraud and recklessness for its behavior. The lawsuit was filed in the U.S. District Court in Utah, and seeks class-action status on behalf

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Wells Fargo faces proposed class action over bogus accounts

U.S. inflation stirring as healthcare, housing costs surge

U.S. consumer prices rose more than expected in August as healthcare costs recorded their biggest gain in 32-1/2 years, pointing to a steady build-up of inflation that could allow the Federal Reserve to raise interest

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U.S. inflation stirring as healthcare, housing costs surge

No significant progress in auto talks with GM: Canada Unifor union

By Ethan Lou TORONTO (Reuters) – General Motors Co and the Canadian union Unifor have not yet made any significant progress in their talks to hammer out a new contract, the labor group's President Jerry Dias said on Saturday as the sides entered the final stretch of negotiations. GM and the Unifor have been divided over union demands that the U.S. carmaker commit to new vehicle models at its Oshawa, Ontario, plant. A four-year contract covering some 20,000 Canadian autoworkers…

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No significant progress in auto talks with GM: Canada Unifor union

Hanjin says U.S.-bound ship is being held ‘hostage’

“There is no clear visibility yet on what will happen with this business,” Hanjin lawyer Ilana Volkov said at a hearing, when asked by U.S. Bankruptcy Judge John Sherwood whether Hanjin was liquidating. Since then, the Hanjin Boston, Hanjin Greece and Hanjin Gdynia have begun to unload. As of Wednesday, of Hanjin's 97 container ships, 36 were waiting outside of overseas ports, according to South Korea&#

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Hanjin says U.S.-bound ship is being held ‘hostage’

Apple Japan unit ordered to pay $118 million tax for underreporting income: media

An Apple Inc iTunes unit in Japan was ordered to pay some 12 billion yen ($118 million) in tax by local authorities after underreporting income, media reported Friday. The Tokyo Regional Taxation Bureau determined that the unit, which…

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Apple Japan unit ordered to pay $118 million tax for underreporting income: media

Exclusive: GE wins $1.9 billion order from UK’s Hinkley Point nuclear plant

General Electric Co said it will receive $1.9 billion for a contract to supply steam turbines, generators and other equipment to the Hinkley Point C project, the United Kingdom's first new nuclear power plant in decades. By approving Hinkley Point on Thursday, the UK government

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Exclusive: GE wins $1.9 billion order from UK’s Hinkley Point nuclear plant

Samsung to replace or refund 1 million U.S. Galaxy Note 7 phones

Samsung received 92 reports of batteries overheating in the United States, including 26 reports of burns and 55 cases of property damage, the company said as it announced the recall in cooperation with the U.S. Consumer Product Safety Commission (CPSC). The recall is a costly setback for Samsung, which was counting on Galaxy Note 7 to bolster sales as rivals such as Apple Inc launch new devices. The scale of the recall is unprecedented

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Samsung to replace or refund 1 million U.S. Galaxy Note 7 phones

Fans cheer, but Asia gives iPhone 7 subdued welcome

By Adam Jourdan and Tom Westbrook SHANGHAI/SYDNEY (Reuters) – Apple Inc fans from Sydney to Shanghai, the first customers worldwide to snap the new iPhone 7 off the shelves, cheered as they left stores on Friday brandishing their purchases, flanked

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Fans cheer, but Asia gives iPhone 7 subdued welcome

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