NEW YORK (AP) — Lin-Manuel Miranda has already this year won a Pulitzer Prize, a Grammy, the Edward M. Kennedy Prize for Drama Inspired by American History and a MacArthur Foundation "genius" grant. What more could he get?
US agribusiness giant Monsanto Co. rejected Tuesday the $62 billion takeover bid by Germany's Bayer AG as too low, but said it was willing to entertain further talks on a merger. Monsanto chairman and chief executive Hugh Grant said in a statement that the offer "significantly undervalues our company" and does not give enough assurance on how Bayer would finance the deal or overcome possible regulatory challenges. Monsanto's board "unanimously views the Bayer AG proposal as incomplete and financially inadequate, but is open to continued and constructive conversations to assess whether a transaction in the best interest of Monsanto shareowners can be achieved," the statement said.
Brasília (AFP) - Brazil's acting president Michel Temer on Tuesday called for reforms to haul Latin America's biggest economy back from crippling recession and slammed what he called "psychological aggression" against his government. Temer, who took power May 12 after the suspension of president Dilma Rousseff pending her impeachment trial, is seeking to cement his authority in the face of multiple challenges on both the economic and political fronts. Juca, a pointman on economic reforms, was sacked Tuesday, the government announced.