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Get the DealBook newsletter to make sense of major business and policy headlines -- and the power-brokers who shape them.__________ Tensions over tariffs and pacts like the North American Free [...]

Get the DealBook newsletter to make sense of major business and policy headlines -- and the power-brokers who shape them.__________ Anyone who has held shares in the insurer American International [...]

Bitcoin action is now available without the Bitcoin. The Chicago Board Options Exchange started offering futures on the cryptocurrency late on Sunday. The new contracts open fresh avenues for trading, [...]

Broadcom has fired its board broadside. The chip maker is nominating 11 directors at Qualcomm, which has rejected Broadcom's roughly $105 billion unsolicited offer. Only a brave shareholder would vote [...]

Equifax has suffered a new intrusion -- into its profitability. Costs relating to the consumer credit reporting agency's major cyberattack helped knock earnings down 27 percent in the third quarter [...]

Chip makers like Freescale Semiconductor and NXP Semiconductors took a high-profile role in the leveraged-buyout binge that preceded the financial crisis -- and the distress that followed it. That makes [...]

Oh the irony. The University of Chicago is getting a $125 million gift from Ken Griffin, the founder of the hedge fund Citadel. The ''Chicago school'' of economics, as it [...]

''Move fast and break things'' may have been Facebook's mantra, but few companies have taken the slogan to heart like Uber Technologies. The ride-hailing company, which not long ago was [...]

United Technologies isn't staying fully grounded in its quest for scale. The industrial conglomerate is paying $30 billion, including debt, for aerospace supplier Rockwell Collins. The strategy makes sense but, [...]

Yahoo is now little more than a holding company for stakes in Alibaba and Yahoo Japan. Shareholders in Yahoo, a $52 billion internet firm, on Tuesday completed the sale of [...]

The last chapter for Sears looks to be at hand. The troubled retailer warned that it could be headed for bankruptcy if it cannot reverse a brutal decline in annual [...]

To value Snapchat requires the whimsical sort of filters that the disappearing-photo app company has made famous. All the various tallies, even at a specified share price, call on investors [...]

Even hedge fund royalty isn't immune to weak performance. Paul Tudor Jones's $10 billion firm, Tudor Investment Corporation, is cutting fees to 1.75 percent of assets and 20 percent of [...]

The world's wiliest takeover artists have found their biggest target yet. Kraft Heinz, the Kool-Aid-to-Velveeta conglomerate, has offered $143 billion for Unilever, a British-Dutch rival. Even for 3G Capital, the [...]

The parent of the Snapchat smartphone app thinks it is ''a camera company.'' It's almost as if its initial public offering filing on Thursday -- which may raise up to [...]

Will Uber Technologies ever make money? The ride-share giant's recent exit from the cutthroat Chinese market should help, but it may still lose $2.8 billion in earnings before interest, taxes, [...]

John G. Stumpf's departure from Wells Fargo was inevitable, but it came quickly. The Wells Fargo chairman and chief executive's ''retirement,'' announced Wednesday evening, clears the way for his successor [...]

Harvard University is struggling with postgraduate life. Its giant endowment lost 2 percent in the year to June, falling short of its own yardsticks and the 3.4 percent gain generated [...]

The movie studio Lionsgate's $4.4 billion deal to acquire the pay-TV company Starz has media mogul John C. Malone's fingerprints all over it. A complex structure? Check. New governance-skewing nonvoting [...]

For all its imperfections, shareholder democracy has real value. For evidence, look no further than a plethora of cases this week in which voting is proving to be of great [...]

Anbang Insurance Group is in what may be an expensive hurry. The Chinese insurer is leading a consortium that has made a $13 billion cash offer for Starwood Hotels & [...]

Chief executives usually have big egos. Ursula Burns, though, is handing bragging rights to the billionaire investor Carl C. Icahn. Ms. Burns, the Xerox chief executive, says Mr. Icahn was [...]

If Benjamin Disraeli had been an investor, he might have been credited with saying ''Lies, damned lies and M.&A. math'' instead. Symantec's sale of its data-storage business Veritas to the [...]

Steven A. Kandarian is hedging his bets. MetLife, the $50 billion American insurer Mr. Kandarian runs, may unload much of its domestic retail business. The carve-out would reduce the potential [...]

John Thain once spent $1.2 million of Merrill Lynch's money remodeling his office there, including $35,000 for an antique commode. He turned out to be the last boss of the [...]

It's rare that a big nonfinancial company arranges its own debt -- and $75 billion worth is a first. That, though, is what Anheuser-Busch InBev has done with the five-part [...]

Theranos, the Silicon Valley blood-analysis upstart founded by Elizabeth Holmes, is under fire. The Wall Street Journal and others have questioned the company's technology, which is supposed to require only [...]

There's a whiff of tech fever emanating from Delphi Automotive. The company, a $22 billion auto parts supplier, is attaching connected-car hype to its acquisition of HellermannTyton, a British maker [...]

The Economist is an elite publication facing plebeian problems. Its revenue has been in decline since 2012 as highbrow and lowbrow magazines alike have struggled with a decimation of print [...]

The acquisition of First Data by Kohlberg Kravis Roberts looked to be a $29 billion mistake right after it closed in late 2007. K.K.R., the buyout firm led by Henry [...]

Acquisitive corporate chieftains love to talk about ''synergies'' from the deals they're planning while they de-emphasize costs. On the flip side, managers who are trying to resist pressure to split [...]

Revenue synergies can be an elusive goal in mergers. Yet three big acquisitions in the chipmaking sector -- the latest Intel's $17 billion swoop on Altera -- are promising plenty [...]

Avago Technologies is offering what might become a textbook merger case. In its $37 billion acquisition of rival chip maker Broadcom, Avago's record, industry logic, cash-and-stock mix, premium of just [...]

A once-humble New York hot-dog stand may have just turned into the ultimate market indicator. Shake Shack, which went public in January, hit a record high share price on Thursday, [...]

Eric E. Schmidt, the executive chairman of Googloe, is reprising the adult supervisory role he played with Google's founders. Not for him the frivolity of, say, a sports team investment [...]

H.J. Heinz's operating margins rose to 26 percent from 18 percent after 3G Capital and Warren E. Buffett's Berkshire Hathaway took the ketchup maker private two years ago. In welcoming [...]

Bank of New York Mellon is under fire. Again. Marcato Capital Management is seeking to oust Gerald Hassell, chief executive of the $44 billion financial institution. That's after Nelson Peltz's [...]

Apple's entry into the Dow Jones industrial average is a bit like polishing an antique. The average share price of 30 stocks selected by committee will finally include the world's [...]

Byline: Richard Beales; Reuters REUTERS BREAKINGVIEWS Apple Inc. chief executive Tim Cook has apologized for leaving customers frustrated - and lost. The problem is a new mapping application, rife with [...]

Byline: Richard Beales; Reuters REUTERS BREAKINGVIEWS Leaping off the so-called fiscal cliff is a bad option for the United States. But it might not be the worst. If U.S. politicians [...]

It is the oldest saw in investing: buy low and sell high. But with shares at their cheapest in a generation, confident equity investors are a rare breed. In 1999, [...]

The improbable must-have holding of 2012 will be hedge funds. The typical fund has lost 4 percent this year through November, according to Hedge Fund Research. But that poor performance [...]

The fashion designer Michael Kors is seeking a luxury price tag on his stock. His company's initial public offering, expected this week, would value it at up to $3.6 billion. [...]

One of the most puzzling British and American trends in the last three decades is the vast increase in the share of national income allocated to the very rich. The [...]

Occupy Congress has garnered far less attention than the global protest movement that started as Occupy Wall Street in Lower Manhattan. But politicians helped create the financial crisis. Fresh news [...]

Byline: Richard Beales; REUTERS REUTERS BREAKINGVIEWS Tesla Motors may make pure electric cars, but it is valued very much like a hybrid. Sure, quarterly numbers - due in the coming [...]

Tesla Motors makes pure electric cars, but it's valued like a hybrid. Quarterly numbers -- due in the coming weeks -- hint at its ability to hit manufacturing targets. But [...]

For public relations professionals, the protesters in Zuccotti Park in Lower Manhattan must inspire mixed feelings. The location works, and the crowd makes for good television, but crunchy sound bites [...]

Investors unimpressed by Hewlett-Packard's dysfunctional governance have sold off shares, leaving the tech company vulnerable to a bid. And Larry Ellison's acquisitive Oracle is a credible potential suitor. A Breakingviews [...]

It's easy to marshal arguments against Facebook staining itself Yahoo purple. The social network is already growing rapidly. Revenue doubled in the first half to $1.6 billion with profit of [...]