From Yahoo! News: Federal securities regulators are asking a federal court to order Wells Fargo & Co. to turn over documents in an investigation of the bank's sale of $60 billion in mortgage-backed securities.
From Yahoo! News: LONDON/WINNIPEG, Manitoba (Reuters) - Glencore would carve up Viterra into three pieces if it wins a bidding war for Canada's largest grain handler, an industry source said on Friday, describing the Swiss trader's plan for navigating the government scrutiny that a foreign takeover would face. The source told Reuters the commodity trading giant wanted to buy all of Viterra and then sell its retail business to Agrium, a Canadian fertilizer producer. ...
From Yahoo! News: FRANKFURT (Reuters) - German chemicals and drugs group Bayer can grow without resorting to more big M&A deals but won't shy from opportunities that emerge, Chief Executive Marijn Dekkers said in a newspaper interview. "I don't measure my success by acquisitions or divestments," he told the Koelner Stadt-Anzeiger in an interview published on Saturday. "I think with our innovations we can grow under our own power." But the Dutch executive added: "If a good opportunity arises to round out our business via acquisitions then we will have a look. ...
Aatma Studio, the same crew that posted an iPhone 5 'concept video' that went nuts on YouTube last August, offers up a similarly eye-popping take on the iPad 3. Read this blog post by Edward Moyer on Apple.
A new report uses Apple and its recent history to look at why the success of some U.S. firms hasn't led to more U.S. jobs. In the process, it offers up interesting details about the evolution of the iPhone and how it was made. Read this blog post by Edward Moyer on Apple.