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CACI seeks to break up General Dynamics' acquisition of CSRA: sources

U.S. defense contractor CACI International Inc has offered to merge with larger peer CSRA Inc , seeking to disrupt the latter's $6.8 billion acquisition by General Dynamics Corp , people familiar with the matter said.

Recent Business News

U.S. probes air bag failures in deadly Hyundai, Kia car crashes

WASHINGTON The U.S. National Highway Traffic Safety Administration said on Saturday it is opening a probe into why some air bags failed to deploy in Hyundai and Kia vehicles after crashes in which four people were reportedly killed and another six injured.

Mar 17 2018

Baidu video streaming unit iQiyi launches $2.4 billion U.S. IPO

Chinese video streaming service provider iQiyi Inc, a unit of search engine giant Baidu Inc , has launched an initial public offering in New York worth up to $2.4 billion, seeking to expand its range of content.

8:44am EDT

Take Five: World markets themes for the week ahead

LONDON Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

12:54am EDT

U.S. government to accept metals tariffs exclusion requests from Monday

WASHINGTON The U.S. Commerce Department said it will begin accepting requests on Monday for product exclusions from President Donald Trump's new steel and aluminum import tariffs, but it could take up to 90 days for the agency to make determinations.

Mar 17 2018

Wall Street's tech love affair might end in tears

SAN FRANCISCO Outsized returns delivered by Amazon.com , Netflix and other heavyweight technology stocks have made them heroes on Wall Street, but some strategists warn that investors' reliance on them exacerbates the risk of a steep downturn.

Mar 16 2018


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