Fiserv to buy First Data for $22 billion to boost payments business By Siddharth Cavale and Liana B. Baker (Reuters) – U.S. financial technology provider Fiserv Inc (NASDAQ:) said on Wednesday it will buy payment processor First Data Corp in a $22 billion all-stock deal, the biggest ever acquisition inRead More →
Homebuyers beware: Putting a down payment on a home could cost you your life savings. Portland homeowner Aaron Cole was about to close in on a home purchase in Oregon when he received an email instructing him to wire the $123,000 down payment to someone he thought was the WFGRead More →
Welcome to Capital Confidential — a weekly diary column featuring the best tidbits from around the U.K.’s business and political landscape from sister publication Financial News. This week: Trump’s love for the Village People’s song ‘Macho Man’; and an answer to the mystery of where the Lehman Brothers Canary WharfRead More →
The Confederation of British Industry, the influential lobby group for U.K. businesses, is to warn that a crash-out Brexit will shrink the country’s economy by 8% and put thousands of jobs at risk. The CBI’s director general Carolyn Fairbairn will say in a speech on Friday that British politicians haveRead More →
© Reuters. FILE PHOTO: A bird flies next to the logo of IL&FS installed on the facade of a building at its headquarters in Mumbai MUMBAI (Reuters) – India’s heavily indebted Infrastructure Leasing & Financial Services (IL&FS) said on Wednesday it has received more than 30 expressions of interest forRead More →
At 19 days in length as of Wednesday, the current partial government shutdown has become one for the record books. It ranks as the second-longest shutdown in more than 40 years, topped only by a 21-day closure during the Clinton administration that began in December 1995. The current shutdown hasRead More →
