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January 16, 2019 1:57 AM Verizon deepens ties with Apple, offers free Apple Music to some U.S. customers

(Reuters) - Verizon Communications Inc (VZ.N) said on Tuesday it will include free Apple Music subscriptions in some of its top-tier U.S. data plans, deepening its ties with the iPhone maker. Apple Inc (AAPL.O) is increasingly turning for growth to its services segment, which includes businesses such as iCloud storage, Apple Music and the App Store 3067

January 10, 2019 12:13 AM LG Chem to spend $1.07 billion on expanding battery plants in China

SEOUL (Reuters) - South Korea’s LG Chem said on Thursday that it plans to invest a total of 1.2 trillion won ($1.07 billion) to expand its two battery plants in China by 2020 in a bid to meet rising global demand. Under the investment plan, LG Chem will spend 600 billion won each at an electric vehicle battery plant and a small-sized battery plant in Nanjing 167

January 9, 2019 7:26 AM Apple cuts current-quarter production plan for new iPhones by 10 percent: Nikkei

(Reuters) - Apple Inc (AAPL.O), which slashed its quarterly sales forecast last week, has reduced planned production for its three new iPhone models by about 10 percent for the January-March quarter, the Nikkei Asian Review reported on Wednesday. That rare forecast cut exposed weakening iPhone demand in China, the world’s biggest smartphone market, where 137

January 7, 2019 2:20 PM Hill-Rom, Wells Fargo's VC invest in Israel's EarlySense

TEL AVIV (Reuters) - EarlySense, an Israeli maker of medical monitoring systems, said on Monday it raised $39 million in financing led by medical technology firm Hill-Rom and Wells Fargo Strategic Capital, the venture capital arm of Wells Fargo & Co. Other new investors include BlueRed Capital, Israel Innovation Fund, Argos Capital and Hotung Capital 121

December 29, 2018 3:09 PM Brazil's president-elect plans decree allowing wider gun ownership

SAO PAULO (Reuters) - Brazil’s far-right President-elect Jair Bolsonaro said on Saturday he plans to issue a decree allowing all Brazilians without criminal records to own firearms, welcome news to many core supporters who want him to loosen Brazil’s strict gun laws. Throughout his campaign, Bolsonaro had pledged to dismantle Brazil’s current gun legislation 84

December 26, 2018 11:10 PM Plantronics to pay $36 million to settle SEC investigation into Polycom

(Reuters) - Headsets maker Plantronics Inc said on Wednesday it has entered an agreement with the U.S. Securities and Exchange Commission to settle an investigation into Polycom Inc, which it acquired in July. Plantronics will pay $36 million to settle the investigation, which began after Polycom reported it discovered evidence of “possible improper 121

December 21, 2018 11:59 PM Incoming Campbell Soup CEO Clouse to be paid up to $7.4 million in 2019

CHICAGO (Reuters) - Campbell Soup Co (CPB.N) said on Friday that incoming Chief Executive Mark Clouse, a food industry veteran, could be paid as much as $7.4 million in compensation for fiscal 2019. Clouse, the former chief of frozen food maker Pinnacle Foods, was named Campbell’s new CEO on Thursday after a seven-month search to replace former CEO Denise 100

December 20, 2018 4:01 PM German court rules Apple infringed Qualcomm patent

MUNICH (Reuters) - A German court ruled on Thursday that iPhone maker Apple Inc (AAPL.O) infringed a hardware patent of Qualcomm Inc (QCOM.O) and said the U.S. company could no longer sell some iPhone models in Germany which contain a particular component. The ruling is not final as Apple can appeal to a higher court, judge Matthias Zigann told the court 125

December 18, 2018 9:30 AM Alfonso Ribeiro sues Epic Games' 'Fortnite' over alleged use of Carlton Dance

Alfonso Ribeiro from "The Fresh Prince of Bel-Air" is suing two gaming companies for allegedly using his famous Carlton Dance, according to a lawsuit filed Monday. Ribeiro alleges that Fortnite-maker Epic Games and NBA 2K Sports-creator Take-Two Interactive used his well-known dance without permission or credit. “Epic has unfairly profited from exploiting 4843

December 13, 2018 6:08 PM South Africa's Aspen strikes distribution deal with U.S. drugmaker Mylan

JOHANNESBURG (Reuters) - Aspen Pharmacare has struck a deal with U.S. generics maker Mylan to distribute a portfolio of prescription and over-the-counter drugs in Australia and New Zealand. The arrangement by Aspen Global Incorporated and its Australian subsidiaries includes an option for Mylan to buy the portfolio for approximately 188 million Australian 112