Asset sales

FILE - In this Oct. 10, 2014 file photo, Venezuela's then Foreign Minister Rafael Ramirez gives a press conference backdropped by an image of independence hero Simon Bolivar, in Caracas, Venezuela. Ramirez, Venezuela’s former oil czar, is being sued by a Houston company that alleges he was behind alleged demands for at least $10 million in bribes to sign off on deals to sell its energy assets in the country. The lawsuit was filed Friday, Feb. 16, 2018. (AP Photo/Ariana Cubillos, File)
February 16, 2018 - 8:06 pm
BOGOTA, Colombia (AP) — Venezuela's former oil czar Rafael Ramirez was sued Friday by a Houston company that alleges he was behind demands for at least $10 million in bribes to sign off on deals to sell its energy assets in the South American country. The civil complaint filed in Houston came just...
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FILE - In this June 7, 2017 file photo, President Donald Trump's White House Senior Adviser Jared Kushner, left, shakes hands with real estate developer Steve Roth as they arrive at Andrews Air Force Base, Md. The prominent New York City developer who has advised the Trump administration on infrastructure refuted reports he was cheering on the president's decision not to pay for half of the estimated $13 billion price tag for a new commuter rail tunnel between New York and New Jersey. (AP Photo/Andrew Harnik, File)
February 13, 2018 - 5:52 pm
NEW YORK (AP) — A prominent New York City developer who has advised the Trump administration on infrastructure denied Tuesday that he cheered the president's decision not to pay half of the $13 billion price tag for a new commuter rail tunnel between New York and New Jersey. Vornado Realty Trust...
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The Los Angeles Times building is seen in downtown Los Angeles on Wednesday, Feb. 7, 2018. Dr. Patrick Soon-Shiong, a biotech billionaire, struck a $500 million deal Wednesday to buy the Los Angeles Times, ending the paper's quarrelsome relationship with its Chicago-based corporate overseers and bringing it under local ownership for the first time in 18 years. (AP Photo/Richard Vogel)
February 08, 2018 - 1:34 am
LOS ANGELES (AP) — The struggling Los Angeles Times found a local savior in a biotech billionaire willing to buy the storied newspaper from a corporation half a continent away, but the change of ownership brings its own set of questions and uncertainty. Dr. Patrick Soon-Shiong agreed to pay $500...
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FILE - This Tuesday, Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group Inc. reports earnings Tuesday, Jan. 16, 2018. (AP Photo/Jim Mone, File)
December 06, 2017 - 9:21 am
The nation's biggest health insurer is spending nearly $5 billion to buy hundreds of clinics, just three days after rival Aetna announced a tie up with CVS Health Corp. Minnetonka, Minnesota-based UnitedHealth Group Inc. said Wednesday that its Optum segment will buy the DaVita Medical Group from...
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FILE- In this Aug. 10, 2017 file photo, Toshiba Corp. President Satoshi Tsunakawa speaks during a press conference at the company's headquarters in Tokyo. The feud between Toshiba Corp. and its U.S. joint-venture partner Western Digital over a planned sale of Toshiba’s lucrative flash-memory unit is being aired at a Tokyo court. At the first hearing of the case Wednesday, Nov. 29, 2017, Toshiba’s lawyers demanded 120 billion yen ($1.1 billion) in damages from Western Digital for allegedly interfering with its business. (AP Photo/Shizuo Kambayashi, File)
November 29, 2017 - 2:43 am
TOKYO (AP) — The feud between Toshiba Corp. and its U.S. joint-venture partner Western Digital over a planned sale of Toshiba's lucrative flash-memory unit is being aired at a Tokyo court. At the first hearing of the case Wednesday, Toshiba's lawyers demanded 120 billion yen ($1.1 billion) in...
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In this July, 2015, photo, Patrick Ho, former Hong Kong home secretary, deputy chairman of an non-governmental organization funded by CEFC China Energy poses during an interview in Hong Kong. The Chinese energy company denies it had anything to do with a multimillion dollar bribery scheme that U.S. prosecutors say was organized by two businessmen to secure business from African officials on its behalf. In a statement late Tuesday, Nov. 21, 2017, CEFC China Energy Co. sought to distance itself from the corruption, money laundering and conspiracy charges filed against Patrick Ho and Cheik Gadio, a former Senegal foreign minister. (AP Photo)
November 22, 2017 - 4:57 am
HONG KONG (AP) — A Chinese energy company has denied it had anything to do with a multimillion dollar bribery scheme that U.S. prosecutors say was organized by two businessmen to secure an edge with African officials on its behalf. In a statement late Tuesday, CEFC China Energy Co. sought to...
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FILE - In this Thursday, March 2, 2017, file photo, a banner for Snap Inc. hangs from the front of the New York Stock Exchange, in New York. Chinese internet company Tencent buys a 10 percent stake in Snap, announced Wednesday, Nov. 8, 2017. (AP Photo/Mark Lennihan, File)
November 08, 2017 - 10:44 am
NEW YORK (AP) — The Chinese internet company Tencent has acquired a 12 percent stake in Snap, with the social media company struggling to boost user growth. Tencent runs the WeChat messaging app, as well as online payment platforms and games. Earlier this year, it bought a 5 percent stake in Tesla...
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In this March 8, 2011, photo, a Cathay Pacific Airways plane takes off at Hong Kong Airport in Hong Kong. Qatar Airways is buying nearly 10 percent of Hong Kong carrier Cathay Pacific Airways for about $662 million, the companies said Monday, Nov. 6, 2017, in a deal making it Cathay's third biggest shareholder. (AP Photo/Kin Cheung)
November 06, 2017 - 3:44 am
HONG KONG (AP) — Qatar Airways is buying nearly 10 percent of Hong Kong carrier Cathay Pacific Airways for about $662 million, the companies said Monday, in a deal making it Cathay's third-biggest shareholder. The Middle Eastern carrier said it bought almost 3.8 million Cathay shares, which...
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October 13, 2017 - 9:58 pm
DETROIT (AP) — General Motors and Canada's autoworker union on Friday reached a deal that will likely end a 26-day strike at a factory in Ontario that makes a hot-selling SUV. The deal with Unifor still must be voted on by members. Terms were not disclosed. The 2,500 members of Unifor Local 88 went...
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Toshiba Memory Chief Yasuo Naruke, right, and Bain Capital Japan chief Yuji Sugimoto, left, pose for photographers in front of the building of manufacturing memory chips in Yokkaichi, central Japan, Friday, Oct. 13, 2017. The heads of Toshiba's memory chip business and Bain Capital, the investment fund buying it, said they hope to close the deal by March despite persisting opposition from Toshiba's U.S. joint venture partner Western Digital. (AP Photo/Yuri Kageyama)
October 13, 2017 - 6:54 am
YOKKAICHI, Japan (AP) — At Toshiba's flash-memory chip plant in Yokkaichi, the orderly quiet of the clean room, with its metal boxes zipping around on overhead rails, contrasts sharply with the messy feud between its owners over plans to sell this prized asset. Toshiba plans to sell its memory chip...
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