Amazon, RoombaParent iRobot abandon 1.4 bln Merger Deal

WASHINGTON, Reuters Amazon and robot vacuum maker iRobot said Monday they would end their plans to merge in the face of opposition from EU and U.S. antitrust regulators. iRobot announced a significant restructuring plan to reduce costs and said it would cut about 31 of its workforce, or 350 jobs. The company also said founder Colin Angle has […]
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Johnnie Walker Maker Diageo Misses 1stHalf Sales Estimates

LONDON, Jan 30 Reuters Diageo, the world39;s top spirits maker, missed firsthalf sales estimates on Tuesday, as a sharp decline in Latin America weighed on its overall performance. The maker of Johnnie Walker whisky and Tanquery gin reported a 0.6 fall in organic net sales, slightly missing analyst estimates for flat organic sales, according to […]
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