The blood-testing devices that Theranos Inc. touted as revolutionary often failed to meet the company’s own accuracy requirements for a range of tests, including one to help detect cancer, according to a federal inspection report.
(Reuters) – China’s Anbang Insurance Group Co said on Thursday it has abandoned its $14 billion bid for Starwood Hotels & Resorts Worldwide Inc , paving the way for Marriott International Inc to buy the Sheraton and Westin hotels operator.
LONDON/HONG KONG (Reuters) – Worldwide share issues slumped to a seven-year low in the first quarter of the year, as market volatility claimed the hopes of companies seeking to list their stock, Thomson Reuters data showed on Friday.
SunEdison Inc. said the U.S. Justice Department is looking into issues including financing activities related to a canceled acquisition and confirmed the company had received an inquiry from the Securities and Exchange Commission.
McCormick & Co., Inc.MKC has announced that it is raising the bid to acquire British food manufacture Premier Foods PLC by 25%, calling on the Premier Foods’ board to engage in talks that could lead to a recommended offer.
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