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Industry, Materials & Utilities Headlines

Germany's ZF recently held takeover talks with Wabco -WSJ

German engineering company and auto supplier ZF Friedrichshafen was recently in advanced takeover talks with U.S. commercial vehicle parts supplier Wabco Holdings before they broke down, the Wall Street Journal reported on Tuesday.

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Senate advances on healthcare, with dramatic return by McCain

WASHINGTON U.S. Senate Republicans narrowly agreed on Tuesday to open debate on a bill to end Obamacare, but the party's seven-year effort to roll back Democratic President Barack Obama's signature healthcare law still faces significant hurdles.