Business

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VIDEO: Cooper’s Chinese Workers Lock Out U.S. Managers To Protest Indian Buyout

Workers at a Cooper Tire and Rubber Co joint venture factory in China locked out their U.S. managers to protest against a $2.5 billion buyout by India’s Apollo Tyres that they say will put their jobs at risk.

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VIDEO: Verizon Nears $130 Billion Wireless Deal, To Finance About $65 Billion

Verizon Communications is near a $130 billion deal to buy out the 45 percent stake in Verizon Wireless it does not already own from Vodafone Group and plans to raise about $65 billion to fund the purchase. Boards of Verizon and Vodafone are each expected to meet soon to approve the proposed transaction.

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VIDEO: Latest Business News: To Realize Africa’s Potential, Turn On the Lights

To Realize Africa’s Potential, Turn On the Lights. Former KMPG partner pleads guilty for insider trading scheme. Barclays stance on capital rules tests ties with regulator

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