Goldman Sachs Group Inc (GS.N) received permission on Monday to complete its $17 billion acquisition of GE Capital Bank’s U.S. online deposits. The deal, which was approved by the Federal Reserve, had been pending since August 2015. Goldman would control around $95 billion in deposits through its GS Bank unit ... Read More »
Singapore’s DBS Group Holdings (DBSM.SI) is seen leading the race to buy British bank Barclays’ (BARC.L) Hong Kong and Singapore private wealth units, valued at as much as $300 million, sources with knowledge of the situation said on Monday. The other bidder left in the race is rival Singaporean lender ... Read More »
Top daily fantasy sports companies FanDuel and DraftKings agreed to stop taking money in New York on Monday, amid a months-long fight with the state’s attorney general over whether the games are illegal gambling. New York Attorney General Eric Schneiderman said the companies had agreed to immediately stop operating paid ... Read More »
U.S.-based IHS Inc (IHS.N) agreed to buy Markit Ltd (MRKT.O) to create a $13 billion London-based data and business research provider, in the latest example of a U.S. company moving its domicile overseas where corporate tax rates are lower. The companies said IHS shareholders will own about 57 percent of ... Read More »
Starwood Hotels and Resorts Worldwide Inc (HOT.N), owner of the Sheraton and Westin brands, accepted a higher $13.6 billion acquisition offer from peer Marriott International Inc (MAR.O), spurning a bid from China’s Anbang Insurance Group. The move dramatically raises the stakes in the bidding war since the deal with Marriott ... Read More »
Drugmaker Valeant Pharmaceuticals International Inc (VRX.TO)(VRX.N) said on Monday its chief executive officer is leaving and billionaire investor William Ackman would join the board as it tries to clean up accounting problems and save its business. The company, whose operations include prescription drugs, consumer products, and Bausch & Lomb eye ... Read More »
Apple Inc (AAPL.O) on Monday unveiled a smaller, cheaper iPhone aimed at new buyers, especially in emerging markets and possibly China, the world’s biggest buyer of smartphones, as the technology company looks to reverse a decline in worldwide sales of its most important product. The new device, called the iPhone ... Read More »
New Delhi: Intex has added a new affordable device to its Aqua series of smartphones – the Aqua Ace II – at a price of Rs 8,999. The phone comes with a 5-inch HD display and at its core is a Mediatek 1.3 GHz Quad Core processor coupled with 3 ... Read More »
1. Give an old pair of chinos a splashy makeover: It’ll feel like you’re always wading in a serene ocean. See how to do it yourself here. 2. Melt down some crayons into these gorgeous candles: The possibilities are actually endless. Check out how to make ‘em here. 3. Create ... Read More »
Gotham: a dark, stormy city, beset with crime and corruption. There is rampant violence and unrest. The psychopathic and sadistic Joker is on the loose, reeking mayhem on a law-abiding people. But just as the city is about to be eviscerated, Batman swoops in, saving innocent lives and brightening the ... Read More »
Donald Trump’s campaign rhetoric is heavily focused on improving America’s ability to compete. He promises a better deal for American workers in trade agreements, and a more restrictive border policy in part to prevent competition from immigrants for low-wage jobs. These positions are well-known, but another area of interest for ... Read More »
Charter schools suspend students at a much higher rate than non-charter schools, some of which have suspension rates north of 70 percent. But a disproportionate amount of those suspensions fall on black students, who are four times more likely to be suspended than white students, and students with disabilities, who ... Read More »
