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Wires

  • LOS ANGELES— Hollywood executives and other major players in entertainment have established a commission to be chaired by Anita Hill that intends to combat sexual misconduct and inequality across the industry. The chief executives of nearly every major Hollywood studio, TV network and record label attended the meeting and agreed to found and fund the group.

  • TORONTO, Dec 15- Canadian police said they were investigating the mysterious deaths of Barry Sherman, founder of Canadian pharmaceutical firm Apotex Inc, and his wife, Honey, one of the nation's wealthiest couples whose bodies were found in their mansion on Friday. Police said they learned of the deaths after responding to a midday medical call at the Sherman's...

  • WASHINGTON— Republicans in Congress have blended separate tax bills passed by the House and Senate into compromise legislation that seeks to achieve a sweeping overhaul of the nation's tax code. GOP leaders are looking toward passage of the final package by the House and Senate next week, with the aim of sending the measure to President Donald Trump to sign...

  • *House expected to vote on Tuesday, with Senate later. But three Republican senators, enough to defeat the measure in a Senate that the party controls with a slim 52-48 majority, remained uncommitted: Susan Collins, Jeff Flake and Mike Lee. The final version hammered out between Senate and House of Representatives Republicans after each chamber previously...

  • Dec 15- Unilever has agreed to sell its margarine and spreads business to U.S. private equity firm KKR for 6.83 billion euros to concentrate on faster growing products. The brands to be sold include Becel, Flora, Country Crock and Blue Band. "The announcement today marks a further step in reshaping and sharpening our portfolio for long-term growth," said Chief...

  • Dec 15- The billionaire founder of Canadian pharmaceutical firm Apotex Inc, Barry Sherman, and his wife Honey, were found dead in their Toronto home on Friday under circumstances that police described as "suspicious." Police told reporters they were investigating the deaths after finding the couple in their northeast Toronto home when responding to a medical...

  • CINCINNATI— Procter& Gamble is adding Nelson Peltz to its board of directors, ending a proxy battle with the activist investor who has been seeking to shake up the consumer products giant. On Friday, Cincinnati- based Procter& Gamble Co. said Zedillo and 10 others were re-elected. Procter& Gamble said it had "numerous discussions" with Peltz about the board seat...

  • The FCC voted Thursday along party lines to reverse the Obama era rules barring internet service providers from blocking or throttling internet traffic, or offering paid fast lanes. On Friday, Senator Charles Schumer of New York said he would force a vote on the FCC action under the Congressional Review Act. A reversal of Thursday's FCC vote would need the...

  • SAN FRANCISCO— A federal judge has unsealed an inflammatory letter in which a former Uber security specialist accused the ride-hailing service of corporate espionage. The letter alleges Uber dispatched a team of spies to steal its rivals' trade secrets and take other shady actions to thwart competition. Former Uber manager Richard Jacobs has testified that...

  • WASHINGTON, Dec 15- A compromise Republican tax bill released late Friday does not eliminate a $7,500 electric vehicle tax credit as Republicans in the U.S. House of Representatives had previously proposed. Consumers under current law are eligible for a $7,500 tax credit to defray the cost of plug-in electric vehicles. After an automaker hits that point, the...

  • Dec 15- Hedge fund Elliott Management disclosed a 6.5 percent stake in Akamai Technologies on Friday, and said the company's $9.7 billion market value did not reflect the uses of its platform, which speeds up content delivery over the internet. Shares of Akamai were up 13.8 percent at $65.75 in after-market trading in New York on Friday as a result of Elliott's...

  • Top Economic Events Polling Unit Diary Today in Washington Political and General News. 18- Dec Japan 1- year discount bill auction 18- Dec Norway Auction of Treasury bills 20- Dec Japan 3- month discount bill auction 20- Dec Sweden Auction of Treasury bills 26- Dec United States Sale of 2- year notes 26- Dec Japan Auction of 2- year government bonds 27- Dec...

  • OSLO- Norges Bank Governor Oystein Olsen gives a speech for students at ANSA's career day- 0935 GMT. TALLINN- Estonia Central bank Governor and European Central Bank Governing Council member Ardo Hansson will speak on Estonia's economy- 0900 GMT. OSLO- Norges Bank Governor Oystein Olsen gives a speech to Norges Bank regional network, Region East- 1100 GMT.

  • SAO PAULO/ BRASILIA, Dec 15- Brazil's strongest year for initial public offerings in four years finished on a flat note this week as one company canceled its plans and what promised to be the biggest listing of the year priced at the bottom of the range, showing the limits of renewed investor interest in the country. Investors were hungry for shares of a Burger King...

  • For years, the X-Men and the Fantastic Four have battled bad dudes from the studios of 20th Century Fox. THE MOUSE THAT ATE THE FOX. The combined company will account for more than a third of theatrical revenues in the U.S. and Canada, an $11 billion business last year, not to mention a huge chunk of the global theater-going pie, according to Daniel Ives, chief strategy...

  • Dec 15- The billionaire founder of Canadian pharmaceutical firm Apotex, Barry Sherman, and his wife Honey, were found dead in Toronto on Thursday, Ontario's health minister said on Twitter. My dear friends Barry and Honey Sherman have been found dead. Wonderful human beings, incredible philanthropists, great leaders in health care, " Eric Hoskins said in a tweet.

  • Dec 15- Procter& Gamble Co said it appointed Nelson Peltz to its board despite the activist investor narrowly losing a months-long proxy fight, the biggest ever involving a U.S. company. "Because the election results were so close, and because a large number of shareholders voted for Nelson Peltz to be a director, the board has engaged in numerous discussions with...

  • Dec 15- Camuto Group, the U.S. footwear, clothing and accessories wholesaler known for its Vince Camuto shoes, has hired a turnaround consultant after a deal to sell itself to Aldo Group Inc fell through, according to a person familiar with the matter. Connecticut- based Camuto Group is working with Clear Thinking Group on shoring up its business, the source said...

  • CHICAGO, Dec 15- Hamburger chain Wendy's Co laid out plans on Friday to trim the use of antibiotics that are important to human medicine from its beef supply, the latest step by a food company to fight concerns about resistance to the drugs in people. Last month, the World Health Organization recommended that meat producers end such practices.

  • An agreement by House and Senate negotiators would open Alaska's Arctic National Wildlife Refuge to drilling, while preserving tax credits for wind power and other clean energy. The 19.6- million-acre refuge in northeastern Alaska is one of the most pristine areas in the United States and is home to polar bears, caribou, migratory birds and other wildlife.