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Icahn buying up Time Warner shares: sources

Billionaire activist investor Carl Icahn is building an equity stake in Time Warner Inc , people familiar with the matter said on Monday. Icahn's intentions when it comes to Time Warner are not yet known, the people said

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Exclusive: With luxury Acura makeover, Honda aims for brand survival, China revival

As part of a broader makeover, and even the survival, of its stalled luxury Acura brand, Japan's Honda Motor Co will launch a new small crossover sport utility vehicle this year in China to compete with BMW and Audi in the world's biggest car market, two individuals closely involved in the effort said. Reviving Acura is …

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VW proposes catalytic converter to fix U.S. test cheating cars – Bild am Sonntag

Volkswagen engineers have come up with a catalytic converter that could be fitted to around 430,000 cars in the United States as a fix for vehicles capable of cheating emissions tests, German daily Bild am Sonntag reported. The converter would be fitted to cars with the first generation…

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Exclusive: KKR, Thoma Bravo, Vista eye $4 billion Dell assets – sources

Buyout firms KKR & Co LP , Thoma Bravo LLC and Vista Equity Partners Management LLC are competing for $4 billion worth of Dell Inc's assets, people familiar with the matter said, as the computer maker steps up asset sales. Divesting these assets would help Dell bolster its balance sheet after it agreed in October to buy data storage company EMC Corp for $67 billion. The three private equity firms are vying for Dell's Quest Software, which helps with information technology management, as well as SonicWall, an…

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Ford union workers ratify new four-year U.S. labor pact: UAW

Ford Motor Co's U.S. union workers narrowly approved a four-year labor contract after a late push for support by United Auto Workers leaders, the UAW said late Friday night. The UAW said 51.3 percent of production workers and 52.4 percent of skilled trades workers voted in favor of the new contract, after more than a week of voting that concluded at U.S. operations of Ford on Friday night.

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Exclusive: Pfizer, Allergan CEOs agree on combined company roles – sources

Pfizer Inc and Allergan Inc chief executives have agreed on the roles they would assume in a combined company, removing one of the last hurdles to the largest ever healthcare merger, people familiar with the matter said. Pfizer CEO Ian Read will be CEO of the combined company, while Allergan CEO Brent Saunders will have another very senior role, the people said on Friday, without providing more details. Pfizer and Allergan declined to comment.

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