Markets
Broadcom faces new hurdle as CFIUS probes Qualcomm takeover bid
Weeks of parries and thrusts, along with tactical public statements , have left the companies' boards at odds over the unsolicited offer. Broadcom had nominated 6 members to the 11-member board of Qualcomm . Broadcom on March 5 said the decision was the result of secret moves made by Qualcomm on January 29 to encourage an investigation by CFIUS into the proposed $117 billion buyout. [Full Article...]
Insurer AXA to buy XL Group for $15B
AXA's offer for the property and casualty insurance company is said to represent a premium of 33 percent to XL's March 2 closing share price. Buying XL, which sells insurance to other insurers, would bolster Axa's casualty-coverage business in the USA just as premiums rise after last year's natural disasters. [Full Article...]
Heynckes: Lewandowski must ignore transfer talk and focus on Bayern
He not only scores a lot of goals, he's one of the best players in his position in the world. Bayern Munich manager Jupp Heynckes has revealed that he told Robert Lewandowski to remain focused on his team amid reported interest from Real Madrid . [Full Article...]
Global oil supply 'will match demand until 2020'
A landmark deal in 2017 between OPEC and rivals including Russian Federation to curb output to reduce global oversupply materially improved the outlook for other producers as prices rose sharply throughout the year, the IEA said in Oil 2018, an annual report looking at the next five years. [Full Article...]
WhatsApp buffs its message deletion time to 4096 seconds
As per the Beta version of WhatsApp for Android 2.18.69, WhatsApp will offer a window of 4,096 seconds, i.e. 68 minutes and 16 seconds, to its users to delete a message which they might've sent to anyone. The new update by the company allowed its users to delete messages for everyone from seven minutes after the message sends to approximately 68 minutes, according to the media reports . [Full Article...]
Monday will be last day to enjoy sunshine for a while
Rain moves out tonight as cooler, drier air filters in with lows in the low to mid 40s. Temperatures tonight will drop into themed 20s under clear skies. It will be breezy Tuesday with an overnight chance for a rain-snow mix into Wednesday . The good news is we will have sunshine for Wednesday, Thursday and Friday , with highs in the 50s and 60s. [Full Article...]
Trump confidant dumped millions in steel-related stock last week
Trump confidant and billionaire corporate raider Carl Icahn got a lucky break on a conspicuous trading decision last week, ThinkProgress reported . In an appearance on CNBC Thursday morning, Icahn downplayed his relationship with the president, saying he hadn't "had much interaction with [the president] at all in the last four or five months". [Full Article...]
Sunday alcohol sales begin in Indiana
The law went into effect immediately. Indiana's Sunday alcohol sales ban stretched back to the 1800s and often left new residents and visitors to the state bewildered. The Big Red Liquors chain is offering Sunday discounts on Indiana-made beer, wine and liquor. IL liquor and grocery stores near the border have been getting a weekend boost for years from people crossing over to buy liquor. [Full Article...]