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US homebuilder sentiment falls in June amid rising costs

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WASHINGTON, June 15 (Reuters) - U.S. homebuilder sentiment fell in June, weighed down by higher mortgage rates and costs for construction materials, a survey showed on Monday. The National Association of Home Builders/Wells Fargo Housing Market index dropped two points to 35 this month.... Read More.

Factbox-Global drugmakers invest billions to boost US presence

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June 15 (Reuters) - Global drugmakers are expanding their U.S. footprint, pledging billions of dollars to ramp up manufacturing capacity and research in the country. Pharmaceutical companies including Eli Lilly, Pfizer, AstraZeneca and Roche have announced roughly $500 billion in U.S. investments as they seek... Read More.

Airbus CEO slams European regulatory costs as it opens new line

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TOULOUSE, France, June 15 (Reuters) - The head of European planemaker Airbus urged France and Europe to tackle high regulatory and other costs weighing on businesses and said the question of competitiveness should be addressed in next year's French presidential election. Addressing French politicians including... Read More.

Fox to buy streaming pioneer Roku in a $22 billion deal

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Fox Corp. has agreed to buy the streaming pioneer Roku in a cash-and-stock deal valued at approximately $22 billion, including debt. Roku will continue to be run as an open, partner-friendly platform, the companies said Monday, and there appears to be no immediate changes... Read More.
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