EU's top court to decide whether Uber is a digital app or a taxi service
BRUSSELS (Reuters) - A debate in Europe over whether ride-hailing app Uber [UBER.UL] is merely a digital company or one providing transport services will be decided when the top European Union court hands down its verdict on Wednesday in a highly...
Casino operator Penn National to buy Pinnacle in $2.8 billion deal
(Reuters) - Casino operator Penn National Gaming Inc said on Monday it would buy Pinnacle Entertainment Inc in a cash-and-stock deal valued at about $2.8 billion, cementing its position as the leading U.S. regional gaming operator.
CSX falls on CEO death; investors seek turnaround clarity
(Reuters) - CSX Corp's shares fell 3 percent on Monday as the death of Chief Executive Hunter Harrison left investors worried about the No.3 U.S. railroad's turnaround plan under acting CEO Jim Foote.
Record highs on Wall St, driven by tax bill hopes, M&A flurry
(Reuters) - The major U.S. stock indexes hit record highs in a broad rally on Monday as the long-awaited bill to lower taxes looked set to be passed into law and buoyed by about $11 billion in corporate dealmaking.
Exchange giant CME's bitcoin futures get tepid take-up in debut
NEW YORK/LONDON/SYDNEY (Reuters) - Bitcoin futures got a muted reception after their debut on CME Group late on Sunday, with volumes in the tens of millions of dollars in the first 12 hours of trading, as warnings about the risks of bitcoin sounded...
Twitter to put warnings before swastikas, other hate images
SAN FRANCISCO (Reuters) - Twitter Inc said on Monday it would begin putting a warning in front of pictures that show Nazi swastikas and other items it determines are hateful imagery, as well as ban their use in any profile photos on the social media...
Odey adds to Sky disquiet following Disney's deal with Fox
LONDON (Reuters) - Hedge fund manager Crispin Odey has argued that Sky should fetch a higher price following Walt Disney Co's $52 billion deal with Twenty-First Century Fox Inc. , adding to shareholder disquiet about the fate of the European...
Apple ups iPhone prices in India as tax increase makes imports costlier
MUMBAI (Reuters) - Apple Inc has increased the prices of most of its iPhone models sold in India after the government last week raised taxes on imported phones in a bid to boost domestic manufacturing.
Hershey to buy Amplify Snack in $1.6 billion bet on healthy snacks
(Reuters) - U.S. candy maker Hershey Co said on Monday it would buy SkinnyPop popcorn maker Amplify Snack Brands in a deal valued at $1.6 billion, including debt, to gain a firmer footing in the fast-growing market for healthy snacks.
Campbell Soup to buy snacks maker Snyder's-Lance for $4.87 billion
(Reuters) - Campbell Soup Co will buy Pretzels and Cape Cod chips maker Snyder's-Lance Inc for $4.87 billion as it looks to expand its snack business amid sagging soup sales.