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Where can you get a 5 percent yield? At Macy’s

Some of the best deals at big retailers like Macy's, Staples and Gap are not in their stores but on the stock market: their dividends are through the roof. For example, Staples pays a dividend

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Where can you get a 5 percent yield? At Macy’s

U.S. existing home sales rise for second straight month, inventory still tight

The National Association of Realtors said on Friday existing home sales increased 1.7 percent to an annual rate of 5.45 million units. March's sales pace was revised slightly higher to 5.36 million units from the previously reported 5.33 million units. Economists polled by Reuters had forecast home resales rising to a 5.40 million-unit pace last month.

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U.S. existing home sales rise for second straight month, inventory still tight

Exclusive: Suppliers question Tesla’s goals for Model 3 output

By Paul Lienert and Alexandria Sage DETROIT/SAN FRANCISCO (Reuters) – Tesla Motors Inc has surprised parts makers with plans to move up the launch of high-volume production of its Model 3 to 2018, two years earlier than planned – an…

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Exclusive: Suppliers question Tesla’s goals for Model 3 output

Exclusive: EU regulators to conditionally clear AB Inbev, SABMiller deal – sources

By Foo Yun Chee and Martinne Geller BRUSSELS/LONDON (Reuters) – Brewer Anheuser-Busch InBev is set to win conditional EU approval for its $100 billion-plus takeover of SABMiller after agreeing to substantial asset sales, three people familiar with the matter said on Friday. The Belgium-based maker of Budweiser, Corona and Stella Artois is looking to boost its presence in Africa and Latin American countries to offset weaker markets such as the United …

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Exclusive: EU regulators to conditionally clear AB Inbev, SABMiller deal – sources

Hong Kong launches fresh plan to fortify cyber security after SWIFT heist

Hong Kong's central bank has a launched a new program to strengthen lenders' ability to protect their critical technology systems after recent attacks by unidentified groups on a global messaging system used by the financial community. The Hong Kong Monetary Authority's latest measure, known as the “Cybersecurity Fortification …

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Hong Kong launches fresh plan to fortify cyber security after SWIFT heist

Tesla plans to sell $1.7 billion in new stock to fund Model 3

By Paul Lienert and Alexandria Sage DETROIT/SAN FRANCISCO (Reuters) – Tesla Motors Inc will offer up to $1.7 billion of new common stock to finance the accelerated launch of its new Model 3 electric sedan, the electric luxury car maker said on Wednesday. Tesla shares fell 2.2 percent following the announcement, which came after the market closed. Tesla, which has posted operating losses since its initial public offering in June, 2010, said in a prospectus it expected to sell as many as 8.2 million shares at a price of $204.66 a share.

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Tesla plans to sell $1.7 billion in new stock to fund Model 3

More than 25,000 Madoff victims now eligible for $4 billion fund

The overseer of a $4 billion U.S. Department of Justice fund for victims of Bernard Madoff's Ponzi scheme said he expected to recommend payouts for at least 25,280 claimants with nearly $4 billion in fraud losses. Richard Breeden, special master of the Madoff Victim Fund, said in an update on his website this week that his office was “substantially” finished with the initial claims review process, having analyzed 63,580 claims covering $67.8 billion of alleged losses…

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More than 25,000 Madoff victims now eligible for $4 billion fund

Bayer makes move for Monsanto in global agrichemicals shakeout

By Greg Roumeliotis and Mike Stone NEW YORK (Reuters) – German drug and chemicals giant Bayer AG has made an unsolicited takeover offer for Monsanto Co, the world's biggest seed company, as high inventories and low commodity prices spur consolidation in the global agrichemicals industry. Monsanto disclosed the approach on Wednesday before Bayer confirmed its move, though neither released proposed deal terms. With Monsanto …

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Bayer makes move for Monsanto in global agrichemicals shakeout

Charter Communications completes purchase of Time Warner Cable

Charter Communications Inc said Wednesday it has completed its acquisition of Time Warner Cable Inc and Bright House Networks LLC, creating the second-largest U.S. broadband provider and third-largest pay TV provider. The combination of Charter, TWC and Bright House will serve over 25 million customers in 41 states. The completion of the deals came days after Charter won final regulatory approvals, about a year after the transactions were announced.

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Charter Communications completes purchase of Time Warner Cable

Apple boss Cook to tap Indian software talent during maiden visit

By Himank Sharma and Rupam Jain MUMBAI/NEW DELHI (Reuters) – Apple Inc is set to announce plans to expand its Indian software development center and build an accelerator program for local start-ups, two sources aware of the investment said on Tuesday, hours before Chief Executive Tim Cook's maiden visit. Cook, who…

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Apple boss Cook to tap Indian software talent during maiden visit

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