According to the person familiar with the matter, Bayer AG, the German drugs and pesticides group, is to get approval from the U.S. Justice Department to acquire Monsanto Company (NYSE: MON) for $62.5 billion.Shares of Monsanto rose 6.5% to $125.47 ..

China is considering relaxing rules requiring foreign auto makers to have a local partner, according to a report by the Wall Street Journal. The change in rules will be considered a major victory for Tesla Inc (NASDAQ: TSLA), which will be able manu..