Morning Wrap: today's top business stories

News stories from around the web.

New Statesman

Web groups hit back at data access claims (FT)

The world’s largest internet companies have denied reports that they have been collaborating with the US National Security Agency by providing direct access to their servers.

BofA executives hostile in mortgage talks (FT)

Bank of America executives and lawyers threw documents at bondholders and told them that their “grandchildren would have grandchildren” before they received compensation for soured mortgages, a US court heard on Thursday.

Chocolate firms Nestle and Mars accused of price-fixing (BBC)

Mars and Nestle have been charged with alleged price-fixing in Canada

Authorities in Canada have charged the food giants Nestle and Mars, together with a network of independent wholesale distributors, in an alleged conspiracy to fix prices of chocolates.

Samsung shares fall after JPMorgan cuts profit outlook (BBC)

Shares in Samsung Electronics, the world's biggest smartphone maker, fell the most in nine months after JPMorgan Chase cut its profit estimates.

Verizon giving US government information about British companies (Telegraph)

American telecoms giant Verizon has been handing information about British companies to the US government, putting it on a collision course with UK regulators.