WASHINGTON The U.S. trade deficit recorded its biggest increase in more than 1-1/2 years in October as exports of soybeans and other goods dropped, suggesting that trade would be a drag on growth in the fourth quarter.
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LOS ANGELES Chipotle Mexican Grill Inc , under activist pressure to revamp its board, expects to make an announcement shortly about a new slate of directors, the burrito chain's founder and co-chief executive said on Tuesday.
LONDON Many carmakers are predicting a significant shift to electric vehicles in the next decade. Advances in battery technology and the growth of autonomous driving and ride sharing - suited to electric vehicles - will power this expansion, they reason.
LONDON A top-30 investor in Swiss pharmaceutical company Actelion said he would back a takeover approach for the whole company from U.S. rival Johnson & Johnson above 246 Swiss francs.
Alaska Air Group Inc's $2.6 billion acquisition of Virgin America Inc is expected to be approved by regulators soon, a source close to the deal told Reuters.
Verizon Communications Inc , the No. 1 U.S. wireless carrier, is selling 29 data centers to Equinix Inc for $3.6 billion, as the telecom giant focuses on its core business.