 |  | | Dow ascends to record high and nears 22,000 | | | (Reuters) - The Dow Jones Industrial Average racked up a fifth straight record high on Tuesday and neared the 22,000 mark, powered by Goldman Sachs, JPMorgan Chase and other banks. | | |  | | | U.S. spending, factory data point to moderate economic growth | | | WASHINGTON (Reuters) - A gauge of U.S. factory activity slid from a near three-year high in July amid a slowdown in new orders and consumer spending barely rose in the prior month, setting the stage for a moderate economic expansion in the third quarter. | | |  | | | Bayer offers concessions to EU Commission for Monsanto deal | | | BRUSSELS (Reuters) - The European Commission said Germany's Bayer had submitted commitments aimed at easing competition concerns over its $66 billion takeover of U.S. agrochemicals group Monsanto , suggesting the company aims to avoid a lengthy review. | | |  | | | Discovery gains female advertising audience with Scripps deal | | | NEW YORK (Reuters) - Discovery Communications Inc, whose nature and science TV channels attract mostly male viewers, will reach more women and diversify its advertising revenue through its acquisition of Scripps Networks Interactive Inc, advertisers said on Tuesday. | | |  | | | Sprint hints at deal prospects, shares surge | | | NEW YORK (Reuters) - Sprint Corp shares jumped more than 10 percent on Tuesday after its chief executive said an announcement on merger talks should come in the "near future" and the company reported a quarterly profit for the first time in three years. | | |  | | | P&G hits back at Peltz, says investor not entitled to board seat | | | (Reuters) - Procter & Gamble blasted Nelson Peltz's efforts to join the consumer goods conglomerate's board, saying the investor was not entitled to a seat and that he was being wrongly advised by people who were not in tune with the company's operations. | | |  | | | Apple doubles down on China as rivals pull ahead | | | SHANGHAI/BEIJING (Reuters) - Apple Inc is binding itself more closely to China as its share of the world's biggest smartphone market slips and it becomes more reliant on selling services which require government approval. | | | | | | | | | | Related Video | | | | | | | | | |  |  | | | Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today | | |  |  | | | News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today | | | | | » » MORE NEWSLETTERS | | |
