Disney to acquire Marvel in $4 billion deal
Walt Disney Co on Monday agreed to buy Marvel Entertainment Inc for $4 billion in the biggest media deal of the year, banking on Marvel's roster of superheroes to broaden its lineup of movie franchises that appeal to boys. Read Full Article here.
Baker Hughes to buy BJ Services for $4.8 billion
Oilfield services company Baker Hughes Inc said on Monday it would buy smaller peer BJ Services Co for $4.8 billion to create a one-stop shopping destination for its oil and gas producing customers and better take on the industry's leaders. Read Full Article here.
U.S. judge rules against AIG in Starr case
A U.S. judge on Monday ruled against American International Group in the giant insurer's legal battle with Starr International Co, affirming a July jury verdict that Starr did not breach a trust. Read Full Article here.
Ex-trader Kerviel sent to trial over SocGen scandal
Jerome Kerviel, the French former trader blamed by Societe Generale for close to 5 billion euros ($7.2 billion) in losses, was ordered to stand trial on Monday, his lawyer Olivier Metzner told Reuters. Read Full Article here.
Climate change bill hits new Senate delay
U.S. Senate Democrats on Monday said they will delay introducing a climate change bill for a few weeks and set a goal of unveiling legislation later in September. Read Full Article here.