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Exclusive: Landry’s and Jefferies CEOs to launch acquisition company – sources

The SPAC will be called Landcadia, a combination of the names Landry's and Leucadia, and plans to raise as much as $300 million in an initial public offering (IPO), the people said. SPACs, also known as blank-check acquisition companies, have no assets but use IPO proceeds, together with bank financing, to buy other companies and boost their value through operational improvements.

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Exclusive: Landry’s and Jefferies CEOs to launch acquisition company – sources

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Mitsubishi Motors used non-compliant data far longer than disclosed: source

By Naomi Tajitsu TOKYO (Reuters) – Mitsubishi Motors Corp used fuel economy testing methods that were not compliant with Japanese regulations since 1991 – much longer than previously known, a source briefed on the matter said. Japan's sixth-largest automaker has lost half of its market value – some $3.9 billion – since it admitted…

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Mitsubishi Motors used non-compliant data far longer than disclosed: source

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U.S. approves Charter’s Time Warner Cable buy with conditions

The U.S. Justice Department on Monday gave antitrust approval to Charter Communications Inc's proposed purchase of Time Warner Cable Inc and Bright House networks, which would create the second-largest U.S. broadband provider and third-largest video provider. The Justice Department's approval carried conditions designed to protect competition, coming at a time when the pay television industry faces stagnation due to new competition from over…

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U.S. approves Charter’s Time Warner Cable buy with conditions

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U.S. workforce growth may give Fed one more reason to go slow on rates

By Jason Lange RALEIGH, N.C. (Reuters) – Americans with a high school education or less are returning to the labor force in larger numbers, a trend that points to a broadening of economic growth, but could also keep wage growth subdued and stay the Federal Reserve's hand in its hiking cycle. The Federal Reserve meets this week and is expected

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U.S. workforce growth may give Fed one more reason to go slow on rates