US & Canada companies news and analysis of North American business

Highlights

6:19am RETAIL & CONSUMER

Safeway deal offers clout in US retail

©Bloomberg

Cheap debt financing has encouraged private equity to consider larger tie-ups

©Bloomberg

Mar 7, 2014 ENERGY

BP seeks trial on harm from Macondo spill

Oil group says only one bird from endangered species was found dead

Mar 7, 2014 TELECOMS

AT&T chief cools hopes of Vodafone bid

‘Window may be closing on owning assets in Europe’

Bill Gross the co-founder and co-chief investment officer of Pacific Investment Management Co (Pimco), and departing CEO Mohamed El-Erian are seen in a combination of 2010 file photos

©Reuters

Mar 7, 2014 FINANCIALS

Conflicting claims concern Pimco investors

Gross disputes saying El-Erian ‘undermined’ him

Dorian S. Nakamoto gestures during an interview with the Associated Press, Thursday, March 6, 2014 in Los Angeles. Nakamoto, the man that Newsweek claims is the founder of Bitcoin, denies he had anything to do with it and says he had never even heard of the digital currency until his son told him he had been contacted by a reporter three weeks ago. (AP Photo/Damian Dovarganes)

©AP

Mar 7, 2014 MEDIA

Bitcoin hunt makes Newsweek the headline

Magazine’s print revival marred by scoop doubts

Mar 7, 2014 FINANCIALS

Wuffli to become Partners Group chairman

First time group’s chairmanship not held by one of its founders

Mar 7, 2014 TECHNOLOGY

‘Titanfall’ adds muscle to gaming battles

Xbox One cloud innovations enhance 12-player games

©Electronic Arts

Mar 7, 2014 TECHNOLOGY

Microsoft in titanic battle for dominance

Console war wages as industry business model changes

People shop at a Bharti-Walmart store on the outskirts of Chandigarh, India

©AP

Mar 7, 2014 RETAIL & CONSUMER

Carrefour and Aeon in India tie-up talks

Latest twist in global retailers’ attempts to crack the market

Mar 7, 2014 FINANCIALS

Citi loses two veteran executives

Bank reshuffles after top retirements

Mar 7, 2014 RETAIL & CONSUMER

Cerberus leads $9bn bid for Safeway

Supermarket deal subject to ‘go-shop’ period for rival offers

Mar 7, 2014 MARKETS

Regulator pressed on market abuses

CFTC claims it does not have the funds to do its job

Mar 6, 2014 MARKETS

New lenders join subprime car loan boom

Low rates and rising investor demand attract new issuers

Mar 6, 2014 RETAIL & CONSUMER

Cigarette makers surge on deal talks

Reynolds and Lorillard hold 40% of $90bn US tobacco market

Mar 6, 2014 TECHNOLOGY

Samsung leads European patent list

Sign of escalating technology ‘arms race’ with Apple

Mar 6, 2014 INDUSTRIALS

Auto industry ponders robot-car liability

Push for self-driving cars raises questions of responsibility

Mar 6, 2014 INDUSTRIALS

Former Dewey bosses charged with fraud

Executives at law firm accused of ‘massive effort to cook the books’

Mar 6, 2014 RETAIL & CONSUMER

Ebay chief defends keeping PayPal

Donahoe stands by ‘intermingled’ business amid Icahn attacks

Mar 6, 2014 WORLD

Gas boom hands the US a potent weapon

Exports could help wean Europe off Russian energy

Mar 5, 2014 LEX

Disney / Dish: stream of consciousness

The field of internet-based TV distributors is getting crowded

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Davos leaders spot the risks that have already arrived

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Highlights

Cheap debt financing has encouraged private equity to consider larger tie-ups

Oil group says only one bird from endangered species was found dead

‘Window may be closing on owning assets in Europe’

Gross disputes saying El-Erian ‘undermined’ him

Magazine’s print revival marred by scoop doubts

First time group’s chairmanship not held by one of its founders

Xbox One cloud innovations enhance 12-player games

Console war wages as industry business model changes

Latest twist in global retailers’ attempts to crack the market

Bank reshuffles after top retirements

Supermarket deal subject to ‘go-shop’ period for rival offers

CFTC claims it does not have the funds to do its job

Low rates and rising investor demand attract new issuers

Reynolds and Lorillard hold 40% of $90bn US tobacco market

Sign of escalating technology ‘arms race’ with Apple

Push for self-driving cars raises questions of responsibility

Executives at law firm accused of ‘massive effort to cook the books’

Donahoe stands by ‘intermingled’ business amid Icahn attacks

Exports could help wean Europe off Russian energy

The field of internet-based TV distributors is getting crowded

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