| | EADS, BAE call off world's biggest arms merger | PARIS/BERLIN/LONDON (Reuters) - EADS and BAE Systems called off the world's largest defense and aviation merger on Wednesday, and pinned the blame on Germany for wrecking the $45 billion deal. | | | | | | Cengage, Bain, Apollo eye McGraw-Hill unit: sources | NEW YORK (Reuters) - McGraw-Hill Companies Inc's education unit is expected to draw final bids from private equity firms Bain Capital and Apollo Global Management as well as rival Cengage Learning Inc, in a deal that could fetch around $3 billion, several people familiar with the matter said. | | | | | | Wholesale inventories up; sales post gain | WASHINGTON (Reuters) - Wholesale inventories rose as expected in August while sales at wholesalers posted the first gain after three consecutive months of decline, according to government data released on Wednesday. | | | | | | Toyota to recall 7.4 million vehicles over power window glitch | TOKYO (Reuters) - Toyota Motor Corp said it would recall more than 7.4 million vehicles worldwide as a faulty power window switch was a potential fire hazard, the latest in a series of setbacks that have dented the reputation of Japan's biggest automaker. | | | | Yum says equipped to navigate China's "ups and downs" | (Reuters) - Yum Brands Inc expects to continue delivering consistent performance in China - its biggest market for sales and operating profit - despite economic uncertainty there, the restaurant company's chief executive said on Wednesday. | | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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