Business

Western Digital still disagrees with Toshiba's consortium victor

Western Digital still disagrees with Toshiba's consortium victor

The letter comes after Toshiba CEO Satoshi Tsunakawa said on Friday it was open to talks with Western Digital , although it was not planning to make the first move. Toshiba needs to sell the unit after an accounting scandal and cost overruns at its Westinghouse nuclear unit. Toshiba last week chose a group led by Bain Capital Private Equity LP, but also supported by government-backed investment funds that has offered ¥2 trillion ($18 billion) for the world's second-largest producer ...


Takata files for bankruptcy protection, announces $1.6bn acquisition

Takata files for bankruptcy protection, announces $1.6bn acquisition

The company says it is facing between US$10 billion and US$50 billion in liabilities from nearly a decade of recalls and lawsuits linked to its defective air bag inflators, which could explode with too much force, sending metal shrapnel into vehicle compartments.



Italy agrees €5.2bn bailout plan for struggling Veneto banks

The banks' "good" assets will be taken on by Intesa Sanpaolo banking group. The Italian government will stage the two Venetian banks' rescue with support from the country's biggest retail bank, Intesa Sanpaolo (Amsterdam: IO6.AS - news ), which will take up the good assets to protect the banks' customers and to minimise staff lay-offs.


Coherus Biosciences, Inc. (CHRS) Traders Should Start Listening to Analysts

Coherus Biosciences, Inc. (CHRS) Traders Should Start Listening to Analysts

Coherus BioSciences had a negative return on equity of 827.65% and a negative net margin of 76.85%. Yet another important factor while evaluating a good buy/sell decision for Coherus Biosciences, Inc . They expect $4.93 earnings per share, up 55.52% or $1.76 from last year's $3.17 per share. Hedge funds and other institutional investors have recently added to or reduced their stakes in the company.



Watch SpaceX's first rocket launch this weekend right here

On June 23, the company launched Bulgaria's first commercial communications satellite from Cape Canaveral, Florida, using a previously flown rocket for just the second time. Sunday's launch marked SpaceX's ninth so far this year. A SpaceX official called it the "most challenging landing to date". The first 10 Iridium NEXT satellites were sent into a pole-to-pole orbit aboard a two-stage Falcon 9 that was launched in January .


Senate Republicans issue modest revisions to health care bill

Senate Republicans issue modest revisions to health care bill

By comparison, the CBO had earlier estimated that similar legislation passed by the House of Representatives would cause 23 million Americans to lose coverage by 2026. Tell Republicans to stop before they do direct harm to tens of millions of Americans. The Republican National Committee attempted to counter-program minutes after the score was released with an email that said "CBO's Long History Of Being Way Off".