Germany's Bayer Offers $62 Billion in Cash to Buy Monsanto and other top stories.

• Germany's Bayer Offers $62 Billion in Cash to Buy Monsanto

  

  Bayer AG made an unsolicited $62 billion all-cash offer to acquire Monsanto Co. and create the world’s biggest supplier of farm chemicals and genetically modified seeds, disclosing the terms of its bid amid investors’ growing concern that it might overpay.Bayer offered $122 per share in an all-cash bid in its May 10 written proposal, the Leverkusen-based company said in a statement on Monday. That’s a 37 percent premium to Monsanto’s May 9 closing price. The payment would be funded with a combi..

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• Fed's Rosengren says US 'on the verge' of meriting June rate hike: FT

  

    Getty Images Markets Stream gives you a single place to follow live updates of markets moves and commentary, plus relevant insight from the web and social media. Here’s how it works.

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• Ryanair Posts Profit Jump, Warns of Growing Pressure on Airfares

  

  LONDON—Ryanair Holdings PLC posted a 43% rise in net profit in its latest fiscal year when the number of passengers passed 100 million for the first time, but warned that worries about terrorism could push falling airfares even further down. Europe’s largest budget carrier by traffic said on Monday that net profit rose to €1.24 billion ($1.39 billion) in the year to end-March from €867 million the previous year, partly reflecting...

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• Tensions Boil Over in Redstone's Media Empire

  

  Months of tension over the fate of Sumner Redstone’s $40 billion media empire erupted into open warfare over the weekend, as two of the mogul’s longtime lieutenants were told they were removed as stewards of his holdings in Viacom Inc. and CBS Corp. Late Friday, a lawyer claiming to represent Mr. Redstone informed Viacom Chief Executive Philippe Dauman and Viacom director George Abrams that they had been dismissed from the seven-member trust that Mr. Redstone set up to manage his nearly 80% vot..

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