WASHINGTON (AP) — Drug criminals once described by prosecutors as unrepentant repeat offenders are among those poised to benefit from new sentencing guidelines that are shrinking punishments for thousands of federal prisoners, according to an Associated Press review of court records.
By Philip Blenkinsop BRUSSELS (Reuters) - Anheuser-Busch InBev , the world's largest brewer, launched an improved offer for SABMiller on Wednesday, offering just over 68 billion pounds ($104 billion) for its largest rival to extend its reach into Africa and other markets. The company said in a statement it was offering 42.15 pounds per SABMiller share, having already made two prior offers at 38 and 40 pounds. AB InBev said it believed the offer would be attractive to SABMiller shareholders, adding it was disappointed the UK-based company's board had rejected both previous approaches.
SEOUL, South Korea (AP) — Samsung Electronics announced a forecast-beating profit for the third quarter Wednesday, sending its share price up nearly 9 percent, but analysts said strong component sales and favorable currency exchange rates masked persistent weakness in its smartphone business.