Siemens Buys Software Maker Mentor Graphics for $4.5 Billion

Siemens AG agreed to buy Mentor Graphics Corp. for $4.5 billion in its biggest acquisition since 2014 as the German engineering company extends its industrial software capability. Siemens will pay $37.25 a share for Wilsonville, Oregon-based Mentor, the industrial giant said in a statement on Monday. That’s 21 percent above the closing price on Friday. … Read more

Toyota to pay up to $3.4 billion to settle US truck lawsuit

Toyota will pay up to $3.4 billion to settle a class action lawsuit brought by US pickup and sport utility vehicle owners whose vehicles lacked adequate rust protection. Court filings show that the settlement reached Oct. 31 covers 1.5 million vehicles, dealing a financial blow to the Japanese automaker whose trucks were subject to corrosion … Read more

Toyota to pay upto $3.4 billion

Toyota will pay up to $3.4 billion to settle a class action lawsuit brought by US pickup and sport utility vehicle owners whose vehicles lacked adequate rust protection. Court filings show that the settlement reached Oct. 31 covers 1.5 million vehicles, dealing a financial blow to the Japanese automaker whose trucks were subject to corrosion … Read more

Asian Leaders Attempt to Decode Trump

Donald Trump is set to tear up a giant Pacific trade pact and has questioned alliances that have defined America’s engagement in Asia since World War II. But it’s too early to declare President Barack Obama’s “pivot” dead. For Asia’s leaders, a big question from Trump’s win is whether America’s military and economic focus on … Read more

Are organisms manufacturing’s future?

In this Tuesday, Sept. 27, 2016 photo, Kevin Dolan, a production operator, adds mycelium to agricultural byproduct in Green Island, N.Y. Ecovative Design is a business staking its growth on mycelium, the thread-like “roots” of mushrooms. The mycelium grows around small pieces of stalks and stems to create a bound-together material that can be molded … Read more

Siemens Buys Software Maker Mentor Graphics for $4.5 Billion

Siemens AG agreed to buy Mentor Graphics Corp. for $4.5 billion in its biggest acquisition since 2014 as the German engineering company extends its industrial software capability. Siemens will pay $37.25 a share for Wilsonville, Oregon-based Mentor, the industrial giant said in a statement on Monday. That’s 21 percent above the closing price on Friday. … Read more

Dollar climbs as U.S. yields spike; Asia shares divided

The U.S. dollar hit a nine-month peak in Asia on Monday as the risk of faster domestic inflation and wider budget deficits sent Treasury yields ever higher, a painful mix for assets in many emerging market countries. The reflation trade saw E-mini futures for the S&P 500 ESc1 add another 0.5 percent and spread betters … Read more