DealBook: AstraZeneca Rejects ‘Final’ Offer by Pfizer

DealBook: AstraZeneca Rejects ‘Final’ Offer by Pfizer
AstraZeneca Rejects Pfizer's Take-It-Or-Leave-It Offer
Ryanair Feels the Squeeze as Rivals Scramble to Lower Fares
South Korea to Disband Coast Guard, Leader Vows
DealBook: In Last-Ditch Bid, Pfizer Offers $119 Billion for AstraZeneca
DealBook: AT&T to Buy DirecTV for $48.5 Billion in Move to Expand Clout
Masinloc Journal: A Leviathan Turns Philippine Fishermen Into Desperate Darters
The Media Equation: Editor’s Exit at The Times Puts Tensions on Display
Turkey Arrests Several Executives Over Mining Disaster
Front-Runner in Ukraine Election May Be Shifting Putin’s Stance
A Jihadist’s Face Taunts Nigeria From the Shadows
Ex-Trader’s Pilgrimage Culminates in Jail Cell
On Anniversary, a Victory Parade and a Crackdown in Sri Lanka
J.R.R. Tolkien’s Translation of ‘Beowulf’ Is Published
Obama Angry Over Falsification of Veterans Affairs Data, Chief of Staff Says
Drugs Found to Aid Breathing in a Fatal Lung Disease
Books of The Times: ‘Console Wars,’ a Gaming Industry Clash by Blake J. Harris
Yankees 4, Pirates 3: Kuroda Shows Improvement as Yankees Edge Pirates
3 Face Charges in Turkey Mine Disaster Amid Anger
SpaceX Dragon Returns to Earth From Space Station
Djokovic Dedicates Rome Title to Flood Victims
Swiss Voters Defeat $24.65 Minimum Wage by a Wide Margin
Court May Hold Fate of Children Knocked Off Citizenship Path
Global Soccer: Atlético Praised at Camp Nou as Deserving Titlist
Bosnia Floods Trigger Landslides, Unearth Mines

Posted: 19 May 2014 12:51 AM PDT

AstraZeneca on Monday rejected Pfizer's latest — and, according to the American pharmaceutical giant, its final — takeover bid. The offer, made Sunday evening, was worth about $119 billion.

AstraZeneca Rejects Pfizer's Take-It-Or-Leave-It Offer

Posted: 18 May 2014 11:52 PM PDT

Britain's AstraZeneca on Monday rejected a sweetened and "final" offer from Pfizer, leaving it uncertain if the U.S. drugmaker would pull off its plan to create the world's biggest pharmaceuticals group.

Ryanair Feels the Squeeze as Rivals Scramble to Lower Fares

Posted: 18 May 2014 11:41 PM PDT

Net profit at the airline fell 8 percent, as Europe's flagging economy and high unemployment drove pressure on carriers to lower ticket prices.

South Korea to Disband Coast Guard, Leader Vows

Posted: 18 May 2014 07:45 PM PDT

President Park Geun-hye of South Korea vowed on Monday to disband her country's Coast Guard because of its failures in a ferry disaster.

DealBook: In Last-Ditch Bid, Pfizer Offers $119 Billion for AstraZeneca

Posted: 18 May 2014 07:33 PM PDT

The American drug giant Pfizer has made an offer worth $119 billion in what it said was a final effort to bring the British drug maker AstraZeneca to the table for deal talks.

DealBook: AT&T to Buy DirecTV for $48.5 Billion in Move to Expand Clout

Posted: 18 May 2014 07:08 PM PDT

Under the terms of the deal, AT&T will pay about $95 a share in stock and cash to acquire the country's biggest satellite television operator.

Masinloc Journal: A Leviathan Turns Philippine Fishermen Into Desperate Darters

Posted: 18 May 2014 06:56 PM PDT

In a dispute over Scarborough Shoal, Chinese patrols have been chasing away Filipinos whose hometown, Masinloc, depends on fish from the reef.

The Media Equation: Editor’s Exit at The Times Puts Tensions on Display

Posted: 18 May 2014 06:39 PM PDT

The lack of decorum in Jill Abramson's dismissal from The Times was stunning, David Carr writes.

Turkey Arrests Several Executives Over Mining Disaster

Posted: 18 May 2014 06:36 PM PDT

The initial report about the possible causes of the accident compiled by investigators said that the fire in the mine was not caused by a transformer explosion as originally suggested but by smoldering coal that ignited.

Front-Runner in Ukraine Election May Be Shifting Putin’s Stance

Posted: 18 May 2014 06:12 PM PDT

With Ukraine still roiled by separatist violence in the east, the growing air of inevitability around Petro Poroshenko, a confection magnate, has redrawn the Ukraine conflict.

A Jihadist’s Face Taunts Nigeria From the Shadows

Posted: 18 May 2014 05:46 PM PDT

Nigerian officials had claimed to have killed Abubakar Shekau, a Boko Haram leader, but his apparent emergence in a video of kidnapped girls has brought attention to his long record of harsh rhetoric and ferocious violence.

Ex-Trader’s Pilgrimage Culminates in Jail Cell

Posted: 18 May 2014 04:45 PM PDT

Jérôme Kerviel resumed his pilgrimage from Rome late Sunday, ahead of a midnight deadline for him to turn himself in to the French authorities.

On Anniversary, a Victory Parade and a Crackdown in Sri Lanka

Posted: 18 May 2014 04:43 PM PDT

The security measures, in Tamil-dominated areas, were apparently intended to prevent demonstrations by relatives of those killed in the civil war.

J.R.R. Tolkien’s Translation of ‘Beowulf’ Is Published

Posted: 18 May 2014 03:46 PM PDT

J. R. R. Tolkien's translation of "Beowulf" is being published on Thursday, 88 years after its making.

Obama Angry Over Falsification of Veterans Affairs Data, Chief of Staff Says

Posted: 18 May 2014 02:32 PM PDT

Denis R. McDonough said that the president has ordered a check of whether reforms are needed.

Drugs Found to Aid Breathing in a Fatal Lung Disease

Posted: 18 May 2014 02:27 PM PDT

Patients with idiopathic pulmonary fibrosis who were given pirfenidone or nintedanib declined more slowly, researchers in two studies reported.

Books of The Times: ‘Console Wars,’ a Gaming Industry Clash by Blake J. Harris

Posted: 18 May 2014 02:23 PM PDT

"Console Wars" is the author Blake J. Harris's take on one aspect of the video game industry.

Yankees 4, Pirates 3: Kuroda Shows Improvement as Yankees Edge Pirates

Posted: 18 May 2014 01:58 PM PDT

Hiroki Kuroda allowed at least three runs for the seventh consecutive start, but he was steady enough to help the Yankees win the first game of a doubleheader.

3 Face Charges in Turkey Mine Disaster Amid Anger

Posted: 18 May 2014 01:31 PM PDT

In the face of widespread anger over Turkey's worst mining disaster, prosecutors arrested three people, including a company manager, on charges of negligence Sunday.

SpaceX Dragon Returns to Earth From Space Station

Posted: 18 May 2014 12:40 PM PDT

The commercial cargo ship Dragon returned to Earth from the International Space Station on Sunday, bringing back nearly 2 tons of science experiments and old equipment for NASA.

Djokovic Dedicates Rome Title to Flood Victims

Posted: 18 May 2014 12:13 PM PDT

Novak Djokovic is going to the French Open with a big clay-court victory in his pocket. And a heavy heart.

Swiss Voters Defeat $24.65 Minimum Wage by a Wide Margin

Posted: 18 May 2014 11:56 AM PDT

Swiss voters on Sunday resoundingly rejected a proposed minimum wage that would have been the world's highest.

Court May Hold Fate of Children Knocked Off Citizenship Path

Posted: 18 May 2014 11:06 AM PDT

If immigrant children turn 21 before their parents get green cards, they "age out" of the immigration system, a policy that the Supreme Court is reviewing.

Global Soccer: Atlético Praised at Camp Nou as Deserving Titlist

Posted: 18 May 2014 10:04 AM PDT

Atlético Madrid is the new champion of Spain and demonstrated its merit by clinching the league title on the home turf of Barcelona

Bosnia Floods Trigger Landslides, Unearth Mines

Posted: 18 May 2014 09:58 AM PDT

Floodwaters triggered more than 3,000 landslides across the Balkans on Sunday, laying waste to entire towns and villages and disturbing land mines leftover from the region's 1990s war, along with warning signs that marked the unexploded weapons.