LONDON (Reuters) - GlaxoSmithKline is discussing the sale of its thrombosis drug brands Arixtra and Fraxiparine, along with a related French factory, to Aspen Pharmacare in a deal that could be worth some ... More »GSK negotiating $1 billion sale of thrombosis drugs to Aspen
There is a saying in hockey that always sprouts at this time of year: "Your best players need to be your best players." More »In Stanley Cup final, Boston Bruins prove era of the superstar is over
By Tim Kenneally LOS ANGELES (TheWrap.com) - What is the deal with all the cast reunions on "Kirstie"? Having brought "Cheers" co-stars Kirstie Alley and Rhea Perlman back together, the TV Land sitcom is reuniting Jason Alexander with his former "Seinfeld" colleague Michael Richards. Alexander will guest star on the new sitcom, which counts Richards among its regulars. Alexander will play the agent of Broadway star Maddie Banks, who's played by Alley. Richards portrays Banks' eccentric driver on the series. ... More »'Seinfeld' Reunion in Play on TV Land's 'Kirstie' With Jason Alexander Guest Spot
PARIS (Reuters) - Air France looks poised to sign a long-awaited $7 billion deal to buy 25 Airbus A350 jets after talks narrowly avoided collapse, industry sources said on Tuesday. Air France has been at loggerheads with its suppliers over issues mainly including maintenance of the plane's Rolls-Royce engines ever since the deal was first mooted in 2011. Further disagreements delayed prospects of the high-profile deal being announced at the Paris Airshow, which has been dominated so far by wide-body announcements from Boeing , but it could now take shape as early as Wednesday. ... More »Air France A350 order back on after spat: sources
By Ashley Lau (Reuters) - Wall Street's Financial Industry Regulatory Authority is looking at how brokerage firms supervise their use of communication outlets such as Facebook, Twitter and LinkedIn, the industry-funded regulator said. FINRA, which conducts periodic "sweeps," or targeted checks on Wall Street brokerages, sent out letters to firms earlier this month requesting information about their use and monitoring of social media communications for the companies and individual employees. ... More »FINRA reviewing brokerages' use of social media
A weekend incident in which a drink was thrown at Toronto Mayor Rob Ford highlights the need for him to have a security detail at public events, his councillor brother says. More »Toronto Mayor Rob Ford needs security, brother says
TEL AVIV (Reuters) - Israeli real estate developer Property & Building , a subsidiary of debt-ridden conglomerate IDB Holding , has agreed to sell the Barneys building in Chicago for $154 million. The 9,000-square-metre building was purchased in 2011 for $122 million and together with rental income received over the past two years Property & Building had a pretax gain of $38 million, the company said on Thursday. The buyer, who was not identified, is an American corporation specializing in shopping centers, Property & Building said. ... More »IDB's Property and Building sells Barneys building in Chicago
By Anatole Kaletsky (Reuters) - It's cynical, manipulative and hypocritical, and it looks like it is going to work. How often do you hear a sentence like this, to describe a government initiative or economic policy? Not often enough. The media and a surprisingly high proportion of business leaders, financiers and economic analysts seem to believe that policies which are dishonest, intellectually inconsistent or obviously self-interested in their motivation are ipso facto doomed to fail or to damage the public interest. But this is manifestly untrue. ... More »Column: When illogical policy seems to work - Kaletsky
(Reuters) - Brookfield Asset Management Inc (BAMa.TO) on Sunday said it had agreed to sell all its Longview Timber holdings to Weyerhaeuser Co (WY.N) for $2.65 billion (1.68 billion pounds), including ... More »Brookfield to sell assets to Weyerhaeuser, KapStone for $3.68 billion
WINNIPEG - Canada's western premiers say bullying is a serious issue and all provinces and territories need to find ways to tackle the new dimension that the Internet brings to the torment. More »Western premiers discuss bullies; say topic will be part of all-premiers meeting
MEXICO CITY (Reuters) - Power outages hit the Mexican capital of Mexico City on Sunday after an earthquake struck the center of the country, and officials said there was no other damage reported. Some restaurants and residential buildings in the capital were evacuated as a precautionary measure, they said. Buildings shuddered in the city, a Reuters witness said. The U.S. Geological Survey (USGS) downgraded its initial measurement of the quake to magnitude 5.8 from 6.0. ... More »Power outages hit Mexico City after quake in country's center
ARLINGTON, Texas - The Toronto Blue Jays are swapping their weekend starters in Texas to give Josh Johnson an extra day for a blister to heal. More »Blue Jays swapping weekend starters in Texas to give Josh Johnson's blister more time to heal
LOS ANGELES, Calif. - "Man of Steel" went up, up and away at the box office. More »'Man of Steel' soars with $116.6M opening at weekend box office
Manitoba Public Insurance is hoping to get a 1.8 per cent hike to basic Autopac rates. More »MPI asks for 1.8% car insurance rate hike
By Frank Jack Daniel, Serajul Quadir and Fiona Ortiz SAVAR, Bangladesh/MADRID (Reuters) - When Spanish garment maker David Mayor arrived in Bangladesh a decade ago the fashion label he set up had the motto "clothing with a heart". In an industry notorious for harsh working conditions he said he wanted to show it was possible to run an ethical business in which workers were trained well and treated with respect. ... More »Bangladesh disaster crushes owner's ideal of clothes with a conscience
WASHINGTON - The U.S. current account trade deficit widened from January through March as Americans earned less from overseas investments. More »US current account deficit widened 3.7 per cent to $106.1 billion in first quarter
By Abhishek Vishnoi MUMBAI (Reuters) - The BSE Sensex edged up on Wednesday amid volatility as investors awaited the outcome of the U.S. Federal Reserve meeting, with telecom stocks such as Idea Cellular ... More »Sensex ends higher ahead of Fed decision
By Jessica Toonkel NEW YORK (Reuters) - British financial services firm Resolution Group and private equity firms TPG Capital and J.C. Flowers are bidding for Allstate Corp's Lincoln Benefit Life subsidiary, according to two people familiar with the situation. TPG and J.C. Flowers have teamed up to bid for the insurance subsidiary, which could be valued at $500 million to $900 million, said one of the people familiar with the situation, who is not permitted to speak to media and wished to remain anonymous. Goldman Sachs is handling the sale of the business, the people said. ... More »Exclusive: TPG, J.C. Flowers, Resolution bid for Allstate unit - sources
By Mark Lamport-Stokes ARDMORE, Pennsylvania (Reuters) - Matt Kuchar has an extra spring in his step for this week's U.S. Open, having been installed among the favorites for the year's second major after winning the elite Memorial Tournament 10 days ago. Though Kuchar has yet to claim one of golf's four blue riband events, he has triumphed at every other level in the game and likes his chances heading into Thursday's opening round at Merion Golf Club. ... More »Memorial win gives Kuchar a major boost for Merion
By Olivia Oran and Ronald Grover (Reuters) - The Harlem Globetrotters - the highflying exhibition basketball team that has toured the world for decades - are on the block. The Globetrotters, known for their trick shots, slick passing and comedy routines, are being sold by their private equity owner, Shamrock Capital Advisors, according to four sources familiar with the process. The team, which has been held since 2005 by Los Angeles-based Shamrock, is being shopped by Piper Jaffray, the sources said. ... More »Exclusive: Harlem Globetrotters, clown princes of basketball, for sale - sources