Carlyle, Nomura plan joint bid for beer maker Orion – Nikkei

U.S.-based private equity firm Carlyle Group and
Japan’s biggest investment bank Nomura Holdings Inc are planning a
joint takeover bid for beer maker Orion Breweries, the Nikkei reported https://s.nikkei.com/2DiAWiH
on Friday.


Reuters: Company News

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Israel drone maker Aeronautics gets $232 million buyout offer

Israel’s state-owned Rafael Advanced Defense Systems and businessman Avihai Stolero have offered to buy unmanned aerial vehicle maker Aeronautics for 850 million shekels ($ 232 million).


Reuters: Business News

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Movie maker Harvey Weinstein loses bid to dismiss criminal case

A New York state judge on Thursday denied Harvey Weinstein’s motion to dismiss criminal charges that he sexually assaulted two women, rejecting the movie producer’s argument that the case was tainted by police and prosecutorial misconduct.
Reuters: People News

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UPDATE 1-China’s EV maker Faraday Future plans lay-offs, 20 pct pay cuts

Faraday Future, a start-up
that is developing electric vehicles (EV), said on Tuesday it
planned pay cuts of 20 percent for all staff, in addition to an
unspecified number of lay-offs, in a bid to reduce operational
costs.


Reuters: Company News

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FDA seizes documents in surprise inspection of e-cigarette maker Juul

The Food and Drug Administration surprised e-cigarette manufacturer Juul at its San Francisco headquarters last week and seized "thousands of pages of documents" related to the company's marketing practices. 
Health and Science

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