Ownership changes

The Mobileye logo appears on a screen at the post where it trades on the floor of the New York Stock Exchange, Monday, March 13, 2017. Intel will buy Israel's Mobileye in a deal valued at just over $14 billion, the latest push by a major tech company to advance autonomous vehicles that could change the way traffic moves globally. (AP Photo/Richard Drew)
March 13, 2017 - 5:05 pm
DETROIT (AP) — Computer chip maker Intel paid handsomely for a piece of the next big thing Monday as it offered more than $15 billion for Mobileye, an Israeli company at the forefront of autonomous vehicle technology. The purchase, scheduled to close by year's end, creates another major player in...
Read More
March 13, 2017 - 8:50 am
BRUSSELS (AP) — The European Union has cleared German conglomerate Siemens' planned acquisition of Spain-based wind turbine maker Gamesa. The EU's executive Commission said Monday that the deal "raises no competition concerns, because a number of credible competitors would remain in the market." It...
Read More
March 10, 2017 - 4:51 pm
WASHINGTON (AP) — A World Bank arbitration panel has determined that Venezuela will not have to pay $1.4 billion to Exxon Mobil Corp. for confiscating company assets during a wave of nationalizations. Exxon Mobil asked the bank's investment dispute panel for $12 billion for the seizure of its Cerro...
Read More
March 06, 2017 - 6:32 am
LONDON (AP) — Standard Life has agreed to buy Aberdeen Asset Management for 3.8 billion pounds ($4.7 billion) to create Britain's largest asset management firm. Aberdeen shareholders will receive 0.757 Standard Life shares for each share they own, giving them 33.3 percent of the combined company...
Read More
March 06, 2017 - 1:58 am
PARIS (AP) — General Motors Co. is selling its loss-making European car business — including Germany's Opel and British brand Vauxhall — to French automaker PSA group. The 2.2 billion euro ($2.33 billion) deal announced Monday in Paris by GM and PSA — maker of Peugeot and Citroen cars — will...
Read More

Pages