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Friday, May 2, 2014

Morning Digest: AstraZeneca rejects Pfizer's raised bid of $106 billion

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05/2/2014
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AstraZeneca rejects Pfizer's raised bid of $106 billion
LONDON (Reuters) - U.S. drugmaker Pfizer Inc raised its offer for AstraZeneca Plc to 63 billion pounds ($106 billion) on Friday, but the British company promptly rejected the proposal, which would create the world's biggest pharmaceuticals company..
Rebels down Ukraine helicopters, Putin denounces city assault
SLAVIANSK, Ukraine (Reuters) - Pro-Russian rebels shot down two Ukrainian helicopters on Friday, killing two crew, as troops tightened their siege of separatist-held Slaviansk in what Moscow called a "criminal" assault by Kiev that wrecked hopes of peace..
U.S. jobs report to signal stronger economic growth momentum
WASHINGTON (Reuters) - U.S. hiring likely increased at its quickest pace in five months in April, which would bolster hopes of a strong rebound in economic activity in the second quarter..
Singer Chris Brown in jail for at least another week, judge says
LOS ANGELES (Reuters) - A Los Angeles judge on Thursday said R&B singer Chris Brown will remain in jail for at least another week as the pop star deals with dual cases on both sides of the country..
NBA panel agrees to act swiftly on bid to oust Clippers owner
NEW YORK (Reuters) - The National Basketball Association on Thursday launched its bid to oust Donald Sterling as owner of the Los Angeles Clippers for racist comments as a panel of 10 fellow team owners or their proxies unanimously agreed to proceed "as expeditiously as possible," the NBA said..
Netflix brings net neutrality concerns to U.S. regulators
WASHINGTON (Reuters) - After weeks of public outcry, Netflix Inc brought its concerns about Internet neutrality directly to U.S. regulators this week in meetings with Federal Communications Commission staff, according to sources familiar with the matter..
SpaceX wins injunction to stop USAF buying Russian rocket engines
(Reuters) - A U.S. Court of Federal Claims judge issued an injunction late Wednesday prohibiting a joint venture between Lockheed Martin Corp and Boeing from proceeding with plans to buy Russian-made rocket engines used to send U.S. Air Force satellites into space..
Chinese man seeks divorce after smog drives family apart
BEIJING (Reuters) - A Beijing man is seeking to divorce his wife after she took their son to a tropical island province to escape the capital's notorious smog, saying the long-distance relationship had destroyed their marriage, state media said on Thursday..
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