Bloomberg Xerox Corp. called off a $6.1 billion takeover by Fujifilm Holdings Corp. and parted ways with its chief executive officer, handing a major victory to activist investors Carl Icahn and Darwin Deason. In an agreement with the two investors, which together own about 13 percent of Xerox, the US office equipment supplier said CEO Jeff Jacobson will step down ...

Bloomberg More than 100 IBM executives will descend on Capitol Hill this week with a simple message for policy makers: don’t bring Europe’s new privacy regulations to the US. The Armonk, New York-based technology giant is making a sweeping new European privacy standard a top talking point in its conversations with lawmakers during the company’s annual trip to Congress. The ...

Bloomberg The UK’s biggest bond mutual fund is shifting money to the other side of the Atlantic as the interest-rate gap between Europe and the US widens to record levels. M&G Limited has boosted US holdings in its 23.4 billion pound ($32 billion) Optimal Income Fund this year to more than a third at the expense of positions in French, ...