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Marriott, Starwood Hotels stockholders approve deal

April 9, 2016 by · Leave a Comment 

Holders of more than 97 percent of Marriott shares and over 95 percent of Starwood shares voted in favor of the cash-and-stock deal, which was valued at $12.41 billion as of Thursday. China's Anbang Insurance Group Co last week abandoned its $14 billion offer for Starwood Hotels,

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Marriott, Starwood Hotels stockholders approve deal

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U.S. to continue appeal of iPhone data case in New York

April 9, 2016 by · Leave a Comment 

Just two weeks ago, the government dropped its effort to require Apple to crack an iPhone used by one of the shooters in the December attacks in San Bernardino, California, saying it had unlocked the phone without Apple's help. Some observers thought the government would back away from the New York case too, since the suspect has already pleaded guilty.

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U.S. to continue appeal of iPhone data case in New York

the-government

MetLife’s ‘too big to fail’ tag is ‘arbitrary, capricious’: U.S. judge

April 8, 2016 by · Leave a Comment 

By Lisa Lambert WASHINGTON (Reuters) – Federal regulators' decision to designate insurer MetLife Inc as “too big to fail” was “arbitrary and capricious,” the U.S. judge who struck down the determination last month wrote in an opinion that was unsealed on Thursday. The U.S. government plans to appeal the court decision, a Treasury spokesman said in a statement late on Thursday. Treasury Secretary Jack Lew said he strongly disagreed with the decision and the government would vigorously defend the work of the Financial Stability Oversight…

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MetLife’s ‘too big to fail’ tag is ‘arbitrary, capricious’: U.S. judge

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Argentina, creditors agree $155 million more in default settlement: mediator

March 18, 2016 by · Leave a Comment 

Argentina settled with an additional 115 individual creditors holding defaulted sovereign bonds for $155 million, Daniel Pollack, the court-appointed mediator in the long-running case, said in a statement on Friday. Pollack's announcement brings the total amount of settlements agreed in principle with U.S. creditors above $6.5 billion and moves Latin America's No. 3 economy closer to ending a festering 14-year legal battled …

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Argentina, creditors agree $155 million more in default settlement: mediator

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Japan November output falls as soft global demand clouds outlook

December 28, 2015 by · Leave a Comment 

By Leika Kihara TOKYO (Reuters) – Japan's factory output fell for the first time in three months in November, data showed on Monday, a sign that weak emerging market demand continues to cloud prospects for a sustained recovery in the world's third largest economy. Industrial output fell 1.0 percent in November from the previous month, more than

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Japan November output falls as soft global demand clouds outlook

the-government

U.S. approves 2016 BMW diesel X5 SUV after EPA review

December 11, 2015 by · Leave a Comment 

The Environmental Protection Agency and California Air Resources Board approved the sale of the new 2016 BMW diesel X5 after government testing found no evidence of software to evade emissions standards, the government said Thursday. EPA spokeswoman Laura Allen said Thursday that the agency – along with California and Canada – was doing additional testing before approving new diesel vehicles.

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U.S. approves 2016 BMW diesel X5 SUV after EPA review

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