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Exclusive: Blackstone to acquire Aon’s benefits outsourcing for $4.8 billion – sources

Private equity firm Blackstone Group LP has agreed to acquire insurance broker Aon Plc's employee benefits outsourcing business for around $4.8 billion, people familiar with the matter said on Thursday. It also allows Aon to exit a mature, capital-intensive outsourcing business, allowing it to invest in growth areas beyond its core insurance brokerage operations, such as cyber security and health insurance.

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Exclusive: Blackstone to acquire Aon’s benefits outsourcing for $4.8 billion – sources

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Alexa and Google Home’s dirty little secret: 97% of voice apps are only used for one week

As much as we may tire of mobile apps, they have one advantage over voice apps: We remember them.

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Alexa and Google Home’s dirty little secret: 97% of voice apps are only used for one week

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Exxon boosts capital budget but takes $2 billion charge from XTO deal

Exxon Mobil Corp boosted its 2017 capital budget on Tuesday on a bet that oil prices have stabilized, but posted its lowest quarterly profit since 1999 as it took a $2 billion charge against the value of natural gas reserves from its buyout of XTO Energy. The world's largest publicly traded oil producer wrote down the book value of part of its North American natural gas and crude reserves, some of which were acquired in 2009…

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Exxon boosts capital budget but takes $2 billion charge from XTO deal

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Starwood to buy Canada’s Milestone Apartments REIT in $2.9 billion deal

(Reuters) – A unit of private investment firm Starwood Capital Group said it would buy Canada's Milestone Apartments Real Estate Investment Trust in a deal valued at about $2.85 billion. Starwood Capital will pay $16.15 in cash per Milestone Apartments unit, the REIT said. Based on current exchange rates the offer equates to about C$21.47 per Milestone Apartments unit, which is a premium of 9.2 percent to the unit's close of

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Starwood to buy Canada’s Milestone Apartments REIT in $2.9 billion deal

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Exclusive: Pentagon, Lockheed near deal on $9 billion F-35 contract – sources

The U.S. Department of Defense and Lockheed Martin Corp are close to deal for a contract worth almost $9 billion as negotiations are poised to bring the price per F-35 below $100 million for the first time, people familiar with the talks said Wednesday. The F-35, the Pentagon's costliest arms program, has drawn fire from U.S. President-elect …

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Exclusive: Pentagon, Lockheed near deal on $9 billion F-35 contract – sources

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China says can resolve trade disputes with new U.S. government

China and the United States can resolve any trade disputes through talks, the government said on Thursday, as a Chinese newspaper warned U.S. business could be targets for retaliation in any trade war ushered in by President-elect Donald Trump. Trump, who is sworn into office on Friday, has criticised China's trade practices and threatened to impose punitive tariffs on Chinese imports…

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China says can resolve trade disputes with new U.S. government

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U.S exchanges rent helicopter, drape banner in pursuit of Snapchat IPO

By Lauren Hirsch, Liana B. Baker and Olivia Oran SAN FRANCISCO/NEW YORK (Reuters) – This past November, Nasdaq Inc hired a helicopter to film Manhattan's skyline using Snapchat's new video-camera sunglasses and sent the aerial footage to its social media followers. The New York Stock Exchange – its arch-rival – on the same day tweeted a video shot from the floor of its exchange, showing that it too was using the social media giant's gadget. The scramble to promote Snapchat's “spectacles” is revealing the…

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U.S exchanges rent helicopter, drape banner in pursuit of Snapchat IPO

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Emission probes could widen beyond Renault in France: Minister

A judicial investigation into diesel emissions testing in France could widen beyond Renault after tests showed other carmakers had exceeded the authorized levels, the French environment minister said on Sunday, without elaborating. Shares…

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Emission probes could widen beyond Renault in France: Minister

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Moody’s pays $864 million to U.S., states over pre-crisis ratings

Moody's Corp has agreed to pay nearly $864 million to settle with U.S. federal and state authorities over its ratings of risky mortgage securities in the run-up to the 2008 financial crisis, the U.S. Department of Justice said on Friday. The credit rating agency reached the deal with the Justice Department, 21 states and the District of Columbia, resolving allegations that the firm contributed to the worst financial crisis since the Great Depression, the …

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Moody’s pays $864 million to U.S., states over pre-crisis ratings

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Oil falls as glut, profit-taking beat back optimism over OPEC meet

By Osamu Tsukimori TOKYO (Reuters) – Crude prices fell on Tuesday as continued worries over a global oil glut and profit-taking on gains of nearly 3 percent from the previous session beat down upwards momentum from a possible meeting of oil producers. Venezuelan Oil Minister Eulogio del Pino said on Monday that a meeting between OPEC and non-OPEC countries may take place “in the coming weeks” as the crisis-stricken South American nation sought support to prop up weak oil markets. Some OPEC officials have said a …

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Oil falls as glut, profit-taking beat back optimism over OPEC meet

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