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U.K. pound tests one year high against the dollar ahead of Bank of England rate decision
Apple has attempted to discourage Western Digital from buying Toshiba's chip business.
Despite a last minute bid by Bain Capital, Toshiba failed to meet a deadline to sell its prized chip unit.
The world's second-largest retailer, Carrefour, issued a surprise profit warning.
Wall Street's late slump was pegged, in part, on news that two Republican Senators withdrew support for McConnell's attempt to repeal the Affordable Care Act.
The sale of Toshiba's chip unit is a test case for Japanese corporate reform. The electronics maker faces pressure from its banks, investors and bidders, the Japanese government looking on.
Western Digital can now review Toshiba's databases.
Toshiba is suing joint venture partner Western Digital for $1 billion
European stocks fall modestly at the start of trading Tuesday as investors eye movements in the U.S. dollar.
Western Digital said several of its SanDisk subsidiaries were seeking preliminary injunctive relief in the Superior Court of California
Western Digital reportedly raised its bid for Toshiba's flash unit.
Will Western Union purchase Toshiba's flash memory unit?
Toshiba shares surged the most in four months in Tokyo trading Wednesday after domestic media reports that Western Digital has offered nearly $18 billion for the troubled conglomerate's flash-memory division.
Western Digital's arbitration case against Toshiba could take 1-2 years, according to TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer.
In a letter to Western Digital Toshiba's lawyers have threatened litigation against the U.S. company for 'intentional interference' in the sale of its chip unit.
This is what you need to know before the bell:
French election result boosts European stocks
Here is your summary of the financial news from around the world
It made up its profits for years and now faces billions in dollars of losses even as shareholders want to sue it for millions. That's just for starters.
This is your round-up of the financial news from around the world.
U.S. stock futures are slipping while European stocks are mostly higher as the U.K. prepares to formally begin the two-year process of leaving the European Union.
Britain's decades-long membership of the European Union will end Wednesday as the government delivers its formal exit request to officials in Brussels.
China looks a lot now like Japan did in the 1980s in its relationship with the United States.
The second biggest supplier in Flash Memory might be in the hands of another company.
Japanese stocks are on a roll with Shinzo Abe due to meet the new president on Friday, but Trump's stance on trade with the world's third-biggest economy is anyone's guess.
In the latest scandal to hit Big Business in Japan, Toshiba faces an accounting scandal and billion-dollar U.S. writedown that have tanked its stock and may cause its chairman resign.