U.S.

Obamacare helps private equity get its rehab clinic fix

Investors are pouring money into the operators of U.S. rehab centers as many more Americans get health care coverage for addiction treatment, driving up valuations and triggering a consolidation of businesses in the fragmented sector.

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U.S. auction of Silk Road bitcoins draws 27 bids

The U.S. Marshals Service on Thursday received more than two dozen bids for 50,000 bitcoins seized from the alleged owner of Silk Road, an Internet black-market bazaar on which authorities say drugs and other illegal goods could be bought.

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Uber in talks to sell over $1 billion in convertible debt

Uber is in talks to sell more than $1 billion in convertible debt, a source familiar with the matter said, soon after the U.S. taxi service said it raised $1.2 billion in its latest funding round.

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U.S. broadcaster intends to test newsgathering drones in Oregon

A U.S. media company said on Wednesday it wants to be among the first broadcasters to launch news-gathering drones once the Federal Aviation Administration (FAA) issues new policies governing the unmanned remote-control aircraft, with test flights beginning in Oregon.

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Luxottica signs deal with Intel to develop hi-tech glasses

Italy's Luxottica is joining forces with U.S. chipmaker Intel Corp to develop glasses that combine its top fashion brands with technology that could allow wearers to access information about their health or location.

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Iran hackers targeted airlines, energy firms

Iranian hackers have infiltrated some of the world's top energy, transport and infrastructure companies over the past two years in a campaign that could allow them to eventually cause physical damage, according to U.S. cyber security firm Cylance.

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Cyber Monday sales start slow as early discounts hurt

U.S. online sales grew a smaller than expected 8 percent on Cyber Monday after web promotions before and during the Thanksgiving weekend robbed business from what has traditionally been the busiest day of the year for Internet shopping.

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Samsung Electronics exits fibre optics amid sharper focus on reviving smartphones

Samsung Electronics Co Ltd agreed to sell its fibre optics operations to U.S. specialty glass maker Corning Inc, exiting another non-core business to focus on shoring up underperforming key areas like smartphones.

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FBI warns of 'destructive' malware in wake of Sony attack

The Federal Bureau of Investigation warned U.S. businesses that hackers have used malicious software to launch a destructive cyberattack in the United States, following a devastating breach last week at Sony Pictures Entertainment.

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Amazon rolls out Kiva robots for holiday season onslaught

Amazon.com Inc has installed more than 15,000 robots across 10 U.S. warehouses, a move that promises to cut operating costs by one-fifth and get packages out the door more quickly in the run-up to Christmas.

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IBM signs 10-year multi-billion cloud deal with ABN Amro

IBM has signed a 10-year, multi-billion dollar deal to provide computer infrastructure services to Dutch bank ABN Amro [ABRGPA.UL] running on its cloud systems, the U.S. information technology firm said on Monday.

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Blackrock cut stake in Italy's Banco Popolare to 4.9 percent: filing

U.S. investment firm Blackrock (BLK.N) has lowered its stake in Italian cooperative bank Banco Popolare (BAPO.MI), according to a regulatory filing on Friday which showed a holding of 4.91 percent as of Nov. 21.

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E.ON sells majority in U.S. wind farms to Enbridge

German utility E.ON (EONGn.DE) agreed to sell an 80 percent stake in two wind farms in the United States to Canada's Enbridge (ENB.TO), as the group continues to rake in much-needed cash by building and selling pricey renewable assets.

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Medtronic wins conditional EU approval for $43 billion Covidien buy

U.S. medical device maker Medtronic (MDT.N) gained European Union regulatory approval on Friday for its $43 billion takeover of Covidien Plc (COV.N) after agreeing to sell its Irish rival's drug-coated balloon catheter business.

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Ridesharing firm Uber suspends operations in Nevada

Ridesharing company Uber suspended its operations in the U.S. state of Nevada late on Wednesday in a setback that it said would cost nearly 1,000 jobs.

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