U.S.

Roche in $1 billion-plus Foundation Medicine deal to boost cancer efforts

Roche Holding will acquire a majority stake in molecular and genomic analysis business Foundation Medicine, it said on Monday, signaling its determination to expand in cancer immunotherapy by paying a hefty mark-up on the U.S. company's current price.

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Google to start selling auto insurance in the U.S., analyst says

Google Inc (GOOGL.O) may be moving into the U.S. auto insurance market with a shopping site for people to compare and buy policies, an analyst said on Thursday, as it continues to shift its attention to the automotive industry.

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FCC chief seen siding with Obama on net neutrality

The top U.S. communications regulator on Wednesday endorsed the regulatory standard applied to telephone companies in remarks seen as the strongest indication yet that he planned to side with President Barack Obama on strict "net neutrality" rules.

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U.S. consumer regulator to write new rules for payday loans

A U.S. regulator focused on consumer protection is planning the first federal regulations ever for lenders that make small loans to borrowers seeking cash before their next pay day, The Wall Street Journal reported on Sunday.

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GFI employees seek to leave if BGC bid succeeds

More than 100 employees at the U.S. interdealer broker GFI Group have asked the company to alter their contracts to allow them to leave if a hostile takeover bid by a rival firm succeeds, according to a report on Sunday by the Financial Times.

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Free delivery creates holiday boon for U.S. consumers at high cost

For top U.S. retailers, free delivery is now the norm. That is good news for shoppers, but not so much for investors. During the just-ended holiday season, outlets from Target to Wal-Mart to Amazon

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China's antitrust regulator says Qualcomm case to be settled soon

The Chinese government said on Friday that it will soon settle its antitrust investigation of U.S. mobile chipmaker Qualcomm Inc. The National Development and Reform Commission (NDRC), the country's anti-monopoly regulator which launched a probe of the San Diego-based

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South Korea indicts Uber CEO, local unit for transport law breach

South Korea has indicted the chief executive officer and local subsidiary of Uber Technologies Inc for violating a law governing public transport, becoming the latest jurisdiction to challenge the U.S. taxi service provider.

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Dealmakers turn their sights to U.S. billboards

Billboards, which trace their roots to ancient Egypt, are set to generate a boom in U.S. deal activity as the biggest operators seek to expand in regional markets, investment banking sources said.

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Sysco, US Foods must narrow gap with rival to clear merger -analysts

The proposed merger of Sysco Corp (SYY.N) and US Foods Inc [USFOO.UL] hinges on the top two U.S. food companies helping to turn a far smaller rival into a national player to ease antitrust concerns, but the gap may be too big, analysts said.

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Manulife U.S. unit to buy New York Life's retirement business

Largest Canadian insurer Manulife Financial Corp's (MFC.TO) U.S. unit will buy New York Life Insurance Co's retirement services business for an undisclosed amount.

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AstraZeneca CEO says new Pfizer bid unlikely

U.S. Pfizer is unlikely to come back with a fresh bid for AstraZeneca, the Anglo-Swedish pharmaceuticals group's top executive was quoted as saying by Swedish business daily Dagens Industri on Saturday.

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Raytheon wins $2.4 billion contract for Qatar Patriot system

U.S. weapons maker Raytheon Co (RTN.N) has won a contract valued at $2.4 billion to supply 10 Patriot missile defense systems to Qatar, which is beefing up its defenses to counter a growing perceived threat from Iran.

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Couche-Tard aims for top convenience store spot with Pantry buy

Canada's Alimentation Couche-Tard Inc (ATDb.TO) will buy smaller U.S. rival Pantry Inc (PTRY.O) for about $861 million, a deal that positions it as one of the top convenience store operators in North America.

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China's JD.com to sell Gap clothing, vying with Alibaba to woo Western brands

China's JD.com Inc (JD.O) has partnered Gap Inc (GPS.N) to sell the U.S. clothing retailer's apparel online in China, as the Beijing-based e-commerce company goes head to head with Alibaba Group Holding Ltd (BABA.N) to woo big foreign fashion names.

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