WASHINGTON, Dec 10- Budget negotiators in the U.S. Congress have reached an agreement on Tuesday that, if approved by the House and Senate, could restore some order to the nation's chaotic budget process and avoid another government shutdown on Jan. 15.
WICHITA, Kan.-- Wichita- based Koch Industries Inc. has completed its $7.2 billion purchase of an Illinois company that makes electronic components and cables. Koch says it is paying $38.50 per Molex Inc. share in cash, plus 18 cents per share, representing a pro-rata portion of the regular quarterly cash dividend.
SAN FRANCISCO, Dec 3- For California's public-sector unions, San Jose Mayor Chuck Reed's proposed statewide ballot measure for pension reform is a call to arms- and they're bringing out the big guns.
*Molex to become standalone unit under current management. Sept 9- Privately owned Koch Industries will buy electronic connectors maker Molex Inc for about $7.2 billion, giving the billionaire Koch brothers a way to diversify from their traditional holdings in energy, chemicals and paper.
Sept 9- Molex Inc, a maker of electronic connectors and cable assembly products, said privately owned energy and chemicals conglomerate Koch Industries will buy it for about $7.2 billion. The deal for $38.50 per share in cash represents a 42 percent premium on average to the Friday closing prices of Molex's two classes of publicly traded shares, Molex said.
ORLANDO, Fla., Aug 31- Texas Senator Ted Cruz, who is leading a conservative push to eliminate funding for President Barack Obama's new healthcare law, took his fight on Saturday to a forum of Republican activists where he challenged lawmakers in his party not to "surrender" on Obamacare.
NEW YORK-- Mayor Michael Bloomberg will spend at least $10 million of his personal fortune promoting moderate candidates around the country in the final weeks before Election Day, he announced Wednesday, adding himself to the list of wealthy Americans pouring millions of dollars into the 2012 election.
NEW YORK, Oct 4- A billionaire's lawsuit over wine said to be owned by Thomas Jefferson has died on the vine. A federal appeals court in New York ruled on Thursday that William Koch, the founder of Oxbow Group energy company, had waited too long to file a lawsuit against Christie's auction house.
The battle over Proposition 32 on the November ballot follows conflicts in Wisconsin, Ohio, Indiana and elsewhere where efforts to dilute the strength of organized labor have produced political tumult, a flood of TV ads and widespread demonstrations.