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Viacom, CBS not in active merger discussions: sources

(Reuters) – Viacom Inc and CBS Corp are not in active merger discussions, although controlling shareholder Shari Redstone has had exploratory conversations with CBS directors about recombining the companies, two sources familiar with the situation told Reuters on Friday.

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Ford to offer auto emergency braking on half its U.S. models in 2019

DETROIT (Reuters) – Ford Motor Co said on Friday it will offer automatic emergency braking on more than half its U.S. models in 2019, and that it is on track to equip all U.S. models with the device by 2022.

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Fiat Chrysler recalls 162,000 minivans over glitch that may cause stall

WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV said on Friday it was recalling more than 162,000 2017 Chrysler Pacifica minivans because a software glitch may cause the vehicles to stall.

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Wall St. hits new highs on earnings optimism, data

(Reuters) – Wall Street continued its rally on Friday with record closing highs as the fourth-quarter earnings season kicked off with solid results from banks and robust retail sales drove investor optimism about economic growth.

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News digest: Squabble in SC, IIP growth, mobile data theft, and more

From mutiny in Supreme Court ranks to economic figures of December, BS brings you up to date with the latest news

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Drugmakers see a pricing blueprint in an $850,000 gene therapy

SAN FRANCISCO (Reuters) – Global drugmakers are looking to a tiny biotech’s $850,000 therapy for a rare type of blindness as a model for getting paid for highly expensive – and effective – new medicines.

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REV Group Acquires Lance Camper

MILWAUKEE–(BUSINESS WIRE)–$REVG #Lancecamper–REV Group (NYSE: REVG), a $2.3 billion manufacturer of industry-leading specialty vehicle brands and leading provider of parts and services, today announced the acquisition of Lance Camper Manufacturing Corporation (“Lance Camper” or the “Company”). This acquisition enables REV to meaningfully enter the rapidly growing over $10 billion towables segment of the RV market by adding Lance Campers’ premium portfolio of truck campers, towable campers and toy haulers to REV

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D.E. Shaw takes stake in Lowe’s: CNBC

(Reuters) – Hedge fund D.E. Shaw & Co has built an active stake in home improvement chain Lowe’s Cos Inc , CNBC reported on Friday, citing sources.

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Cyrus Mistry himself sought guidance from Ratan Tata, says Tata’s counsel

The petitions have alleged ‘mismanagement’ in the Tata Group and ‘oppression’ of minority share-holders

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Cyrus Mistry himself sought guidance from Ratan Tata, says Tata’s counsel

The petitions have alleged ‘mismanagement’ in the Tata Group and ‘oppression’ of minority share-holders

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