(Reuters) - British homebuilder Bellway on Thursday confirmed that it had recently made an all-share offer to acquire Crest Nicholson, in a deal which would have valued the rival at about 6.5 billion pounds ($8.29 billion).
Bellway said that while Crest Nicholson's board had rejected the offer, there was a "compelling strategic and financial rationale" for combining the two companies.
($1 = 0.7844 pounds)
By Daniel Wiessner
(Reuters) - Apple on Thursday was hit with a proposed class action accusing the tech giant of paying more than 12,000 female employees in California less than men with comparable jobs, lawyers for the plaintiffs said.
(Reporting by Daniel Wiessner in Albany, New York)
(Reuters) - Tyson Foods said on Thursday that it has suspended its chief financial officer, John Tyson, after he was arrested on charges of alleged driving while intoxicated.
The U.S. meat packer said that Tyson was suspended from his duties immediately, and that Curt Calaway, a senior finance executive at the company, will take over as interim CFO.
Shares of the company were down 1.3% in afternoon trading.
By Douglas Gillison and Chris Prentice
WASHINGTON (Reuters) - U.S. President Joe Biden will nominate Christy Goldsmith Romero, a Democratic member of the Commodity Futures Trading Commission (CFTC), to replace Martin Gruenberg as chair of the Federal Deposit Insurance Corporation, the White House said on Thursday.
Gruenberg, a Democrat, said in May he would step down once a successor is confirmed by the Senate, succumbing to pressure... (continue reading...)
By Shivam Patel, Michael Martina and David Brunnstrom
NEW DELHI/WASHINGTON (Reuters) - Republican Representative Michael McCaul is expected to lead a bipartisan U.S. congressional delegation to India in the coming days, where he and other lawmakers, including Democratic former House Speaker Nancy Pelosi, plan to meet Tibetan spiritual leader the Dalai Lama.
McCaul, Pelosi and a group of other U.S. lawmakers will visit Dharamsala – the... (continue reading...)
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