Asian shares firm as focus turns to China PMI surveys

TOKYO Asian shares were solidly higher on Tuesday, shrugging off one Chinese factory survey that did little to ease persistent concerns about cooling growth in the economy, while a private survey showed a hint of stabilization.

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Senate calls hearing in Anheuser-Busch InBev mega beer deal

WASHINGTON Anheuser-Busch InBev's bid to buy its biggest rival, SABMiller, will be the subject of a U.S. Senate hearing next week, the Senate Judiciary Committee said on Monday.

Volkswagen, DOJ want diesel civil cases heard in Detroit

WASHINGTON Volkswagen AG and the Justice Department want a U.S. judicial panel to centralize in Detroit hundreds of civil lawsuits alleging the German automaker defrauded consumers and shareholders, according to court filings.

3:36pm EST

FTC preparing to block Staples-Office Depot deal: NY Post

U.S. antitrust regulators are preparing to block Staples Inc's acquisition of smaller rival Office Depot Inc , the New York Post reported on Sunday.

American Airlines, union reach deal to hike agents' pay

Members of the association representing American Airlines Group Inc's reservations and gate agents approved a new five-year contract that includes an immediate 30 percent average wage hike.

5:46pm EST

Morgan Stanley to cut up to 25 percent of fixed-income jobs

Morgan Stanley plans to cut up to 25 percent of its fixed-income jobs, according to a person familiar with the matter.

2:46pm EST


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