Ownership changes

February 25, 2019 - 7:29 am
BOSTON (AP) — General Electric is selling its biopharma business to Danaher Corp. for $21.4 billion as it continues to sell off chunks of a once sprawling conglomerate. The biopharma unit, part of GE Life Sciences, generated revenue of about $3 billion last year. Danaher said after tax benefits,...
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February 25, 2019 - 1:31 am
BEIJING (AP) — The operators of China's largest silver mine transported workers underground on a broken-down bus that was bought online, routinely overloaded and operating on ramp not intended for transporting people, safety officials said after the bus crashed, killing 21 miners and injuring 29...
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February 23, 2019 - 2:30 pm
OMAHA, Neb. (AP) — Billionaire Warren Buffett says the company he built through decades of acquisitions continues to perform well even though he hasn't found any major deals at attractive prices recently. Buffett released his annual letter to Berkshire Hathaway Inc. shareholders on Saturday. He...
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February 23, 2019 - 10:59 am
OMAHA, Neb. (AP) — Billionaire investor Warren Buffett says he hungers for an "elephant-sized acquisition," but the most tempting targets are too expensive for his tastes. That recipe means Berkshire Hathaway, the conglomerate that Buffett runs, will likely focus on buying stakes in a variety of...
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February 22, 2019 - 8:15 am
KANO, Nigeria (AP) — Africa's most populous country goes to the polls on Saturday to decide whether President Muhammadu Buhari deserves a second term. While more than 70 people are running to lead Nigeria, the close race comes down to Buhari and a billionaire former vice president, Atiku Abubakar...
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FILE - This April 30, 2018, file photo shows signage for a Sprint store in New York's Herald Square. The top executives of T-Mobile and Sprint are making the case to Congress that their proposed $26.5 billion merger wouldn't hurt competition and jack up the prices consumers pay for wireless service. (AP Photo/Bebeto Matthews, File)
February 13, 2019 - 10:39 am
WASHINGTON (AP) — Democratic lawmakers are challenging a pledge by T-Mobile and Sprint not to raise prices or hurt competition if their $26.5 billion merger goes through. Although T-Mobile says it won't raise prices for three years, Rep. Frank Pallone, D-N.J., chairman of the House Energy and...
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FILE - This April 30, 2018, file photo shows signage a T-Mobile store in New York. The top executives of T-Mobile and Sprint are making the case to Congress that their proposed $26.5 billion merger wouldn't hurt competition and jack up the prices consumers pay for wireless service. (AP Photo/Bebeto Matthews, File)
February 13, 2019 - 10:07 am
WASHINGTON (AP) — The Latest on T-Mobile-Sprint merger hearing (all times local): 11:05 a.m. Democratic lawmakers are challenging a pledge by T-Mobile and Sprint not to raise prices or hurt competition if their $26.5 billion merger goes through. The deal would combine the nation's third- and fourth...
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FILE - This Aug. 22, 2003 file photo shows the corporate headquarters of BB&T in Winston-Salem, N.C. Southern regional banks BB&T and SunTrust are combining in an all-stock deal valued at about $66 billion. The banks said Thursday, Feb. 7, 2019 that the combined company will be the sixth-largest U.S. bank based on assets and deposits. It will have approximately $442 billion in assets, $301 billion in loans and $324 billion in deposits serving more than 10 million households (David Rolfe/The Winston-Salem Journal via AP)
February 07, 2019 - 11:39 am
NEW YORK (AP) — Southern banking giants BB&T and SunTrust announced they would merge in a $66 billion deal, the first big bank merger since the chaos of the 2008 financial crisis. The deal would create yet another financial titan in the U.S. The combined company will be the sixth-largest retail...
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European Competition Commissioner Margrethe Vestager, left, talks to Trade Commissioner Cecilia Malmstrom prior the weekly College of Commissioners meeting at EU headquarters in Brussels, Wednesday, Feb. 6, 2019. European Union authorities on Wednesday rejected a massive rail merger deal between France's Alstom and Germany's Siemens in what the two nations had hoped would have created a global competitor to stand up to China. (AP Photo/Francisco Seco)
February 06, 2019 - 10:30 am
BRUSSELS (AP) — European Union authorities on Wednesday blocked a deal to create a rail giant that could compete with China, angering France and Germany so much that they vowed to change the way the EU oversees such mergers. The decision raised thorny questions of how to stand up to the growing...
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FILE - In this May 10, 2017, file photo, a visitor walks past the logo of Toyota Motor Corp. at a Toyota showroom in Tokyo. Toyota Motor Corp. said Wednesday, Jan. 30, 2019, it sold 10.59 million vehicles globally last year, fewer than the 10.83 million delivered by German rival Volkswagen AG. (AP Photo/Shizuo Kambayashi, File)
January 30, 2019 - 4:23 am
TOKYO (AP) — Toyota Motor Corp. sold 10.59 million vehicles globally last year, fewer than the 10.83 million delivered by German rival Volkswagen AG, the Japanese automaker said Wednesday. Separately, the Nissan-Renault-Mitsubishi alliance reported that its combined global sales stood at 10.76...
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