Strong case for June rates liftoff, says Fed's Lacker

The Federal Reserve will have a "strong" case to hike U.S. interest rates in June, a hawkish Fed official said on Tuesday, dismissing recently weak economic data as transitory and perhaps due to unseasonable weather.

Oil down as Iran races for Tuesday deadline on nuclear deal

Oil settled down for a second straight session on Monday as Iran and six world powers tried to negotiate a deal on Tehran's nuclear program that could end Western sanctions and allow the OPEC member to ship more crude into an already flooded market.

Charter Communications to buy Bright House in $10.4 bln deal

Cable television operator Charter Communications Inc said it would buy privately held Bright House Networks in a cash-and-stock deal valued at $10.4 billion to expand in Florida.

Wall Street dips after rally; indexes set for quarterly gain N

U.S. stock fell on Tuesday in a modest retreat from the previous session's sharp rally, though major indexes remained on track for a positive first quarter and the S&P 500 was set for its ninth straight quarterly rise.

BOJ's lone voice Kiuchi starting to be heard as QE deadline looms

Takahide Kiuchi often appears a lone voice of dissent on the Bank of Japan board as his proposals to change key elements of its massive monetary stimulus are consistently voted down, but two years into the policy he is looking increasingly prescient.

Teva to buy U.S. drug developer Auspex Pharma for $3.5 billion

Israel's Teva Pharmaceutical Industries said it would buy U.S. neurology drug company Auspex Pharmaceuticals Inc for an equity value of $3.5 billion to boost its portfolio of treatments for the central nervous system.

AIG Chairman Steve Miller to step down in July: WSJ

American International Group Inc (AIG.N) Chairman Robert "Steve" Miller intends to step down in July after five years in the role, the Wall Street Journal reported.

Ackman says shutting Herbalife down is key to him

Hedge fund mogul William Ackman, who has spent more than two years accusing Herbalife Ltd (HLF.N) of running a pyramid scheme, said on Monday that shutting down the company is "one of the most important things" he can do.

Wall St. rebounds from recent losses; deals help

U.S. stocks climbed more than 1 percent on Monday, rebounding from a sharp decline last week, helped by deal activity in healthcare and a bounce in energy shares.

Japan industrial output decline raises doubts about domestic demand

Japan's industrial output fell in February at the fastest pace in eight months due to declines in production of machinery, cars and electronics in a worrying sign that domestic demand could be faltering.

Japan's Fujifilm agrees to buy Cellular Dynamics for $307 million

Japan's Fujifilm Holdings Corp (4901.T) said on Monday it has agreed to acquire U.S. biotechnology firm Cellular Dynamics International Inc (CDI) (ICEL.O) for $307 million.

China's Guangdong Rising makes new, lower bid for PanAust

China's Guangdong Rising Assets Management [GDRAM.UL] launched a fresh $850 million bid to buy copper and gold miner PanAust Ltd (PNA.AX), but priced its offer at a quarter less than 10 months ago, underscoring the rout in mineral commodities.

Ford revives the Lincoln Continental, aims at U.S. and China

Ford Motor Co (F.N) will resurrect the Lincoln Continental as its top-of-the line luxury sedan, betting the classic name will help rebuild the brand's image in the United States and China.

UnitedHealth Group to buy Catamaran for $12.78 billion

UnitedHealth Group unit OptumRx Corp agreed to buy pharmacy benefit manager Catamaran Corp in a deal worth $12.78 billion.

Jack Lew to discuss China technology policy, urges market reforms

Treasury Secretary Jack Lew said on Monday he would discuss with the Chinese government recent technology policy moves that Washington has complained constitute unfair regulatory pressure on foreign firms.

China's Alibaba signs digital distribution deal with music rights group BMG

Germany's BMG music rights company said on Monday it had signed a music digital distribution deal with China's Alibaba Group Holding Ltd, as the world's largest e-commerce firm firms up its bid to become a digital media empire.

Euro hurt by Greek uncertainty, dollar helped by rate outlook

The euro fell on Monday, hurt by uncertainty over whether Greece and its international creditors will be able to strike a deal that will help Athens secure funding before it runs out of money by April 20.

GM's Cadillac CT6 tests strategy for taking fat out of big cars

When General Motors Co (GM.N) takes the wraps off its new Cadillac CT6 on Tuesday the most important thing about the vehicle could be what is under its skin.

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