| | Wall Street ends down sharply after Fed minutes | NEW YORK (Reuters) - The S&P 500 posted its worst daily percentage decline since mid-November on Wednesday after minutes from the U.S. Federal Reserve suggested the central bank may slow or stop buying assets sooner than expected. | | | | | Office Depot in $976 million deal to buy rival OfficeMax | (Reuters) - Office Depot Inc will acquire smaller rival OfficeMax Inc in a $976 million all-stock deal, the companies said on Wednesday, confirming an agreement inadvertently announced earlier in the day, before it was completed. | | | | | | Ex-Soros CIO begins courting capital for new fund | NEW YORK (Reuters) - Keith Anderson, the former chief investment officer for billionaire trader George Soros' money management firm, is raising money for a new macro hedge fund, according to a person familiar with the firm. | | | | | | Boeing close to fixing Dreamliner battery: source | NEW DELHI (Reuters) - Boeing Co has found a way to fix battery problems on its grounded 787 Dreamliner jets that involves increasing the space between the lithium ion battery cells, a source familiar with the U.S. company's plans told Reuters. | | | | | | Apple supplier Foxconn freezes hiring at largest plant | TAIPEI/NEW YORK (Reuters) - Apple Inc's manufacturing partner Foxconn Technology Group has frozen hiring at a Shenzhen plant that makes gadgets including the iPhone 5 and put the brakes on recruiting for other factories across China, but said the move was not linked to any single client. | | | | | | Heinz deal a "call to action" for Campbell Soup | BOCA RATON, Florida (Reuters) - The planned $23 billion acquisition of H.J. Heinz Co by Berkshire Hathaway Inc and 3G Capital is leading rival Campbell Soup Co to take a closer look at its own cost structure, the soup company's chief executive told Reuters on Wednesday. | | | | | | MetLife puts British bulk annuity business up for sale | (Reuters) - MetLife Inc , the largest U.S. life insurer, has put its British bulk annuity business, MetLife Assurance Ltd, up for sale and has hired investment bankers from Citibank to run an auction for the unit, a person familiar with the matter said. | | | | | | | 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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