Fujifilm files over $1billion lawsuit against Xerox for cancelling proposed merger 

Fujifilm Holdings Corp sued Xerox Corp on Monday for well over $1 billion, faulting the printer and copier company for succumbing to pressure from activist investors Carl Icahn and Darwin Deason in calling off a proposed merger. In a complaint filed with the U.S. District Court in Manhattan, Fujifilm accused Xerox of breach of contract… Read More Fujifilm files over $1billion lawsuit against Xerox for cancelling proposed merger 

U.S. President Donald Trump orders creation of military branch to focus on space presence

U.S. President Donald Trump on Monday said he was ordering the creation of a sixth branch of the military to focus on space, a move critics said could harm the Air Force. “It is not enough to merely have an American presence in space. We must have American dominance in space,” Trump said before a… Read More U.S. President Donald Trump orders creation of military branch to focus on space presence

German prosecutors arrest Audi chief executive Rupert Sadler in diesel emissions probe 

Audi chief executive Rupert Stadler has been arrested on suspicion of fraud in connection with parent company Volkswagen’s ‘dieselgate’ emissions cheating scandal, German prosecutors said on Monday. The dramatic development comes a week after Munich prosecutors raided Stadler’s home after charging him with fraud and the falsification of documents that allowed diesel vehicles equipped with… Read More German prosecutors arrest Audi chief executive Rupert Sadler in diesel emissions probe 

One dead, three injured as van strikes people at concert in Netherlands

A van struck four people at the Netherlands’ largest music festival in the early hours of Monday, killing one of them and injuring the others before driving off, police said. Officers said it was not clear whether the van driver had hit the group at the Pinkpop event intentionally or by accident. Later in the… Read More One dead, three injured as van strikes people at concert in Netherlands

Three dead, factory lines halted as magnitude-6.1 earthquake hits Japan’s Osaka

A magnitude 6.1 earthquake shook Osaka, Japan’s second-biggest metropolis, early on Monday morning, killing three people, halting factory lines in a key industrial area and bursting water mains, government officials and broadcaster NHK said. No tsunami warning was issued. Prime Minister Shinzo Abe said authorities were assessing damage and that their top priority was the… Read More Three dead, factory lines halted as magnitude-6.1 earthquake hits Japan’s Osaka

Five dead, several injured in crash following Border Patrol chase in Texas

Five immigrants died and several others were injured on Sunday when their vehicle careened out of control while being chased by U.S. Border Patrol agents in Texas about 90 miles (145 km) north of the Mexican border, officials said. Some of the injured were ejected from a Chevy Suburban packed with 14 people that was… Read More Five dead, several injured in crash following Border Patrol chase in Texas