Last Build Date: Thu, 23 Mar 2017 00:30:06 EDTCopyright: copyright © 2017 Dow Jones & Company, Inc.
Thu, 23 Mar 2017 00:04:04 EDTCheckers Drive-In Restaurants has agreed to be sold to private-equity firm Oak Hill Capital Partners for $525 million in a deal expected to be announced on Thursday.
Wed, 22 Mar 2017 21:13:46 EDTChina’s Sinopec said it plans to buy a controlling stake in Chevron’s South Africa assets for roughly $900 million, as the state-owned refining giant looks to spread its global reach.
Wed, 22 Mar 2017 19:27:25 EDTThe Motion Picture Association of America reports international box office edge lower in 2016—a troubling reversal for an industry that has come to rely on overseas consumers as stateside attendance stagnates.
Wed, 22 Mar 2017 19:16:05 EDTSears raised doubts in a securities filing about its ability to keep operating after seven years of losses, sending the retailer’s share price tumbling and spooking some of its landlords.
Wed, 22 Mar 2017 18:17:41 EDTNick Denton will leave bankruptcy having weathered a multimillion-dollar judgment from an invasion-of-privacy lawsuit that forced the sale of his Gawker media business.
Wed, 22 Mar 2017 17:57:57 EDTIn a Supreme Court case about cheerleader uniforms, fashion designers have something to cheer. The court said clothing designers can claim copyright protections for garments with distinctive artistic features.
Wed, 22 Mar 2017 17:32:28 EDTU.S. activist investor Elliott Management has emerged as a key player in a $24 billion, trans-Atlantic standoff between Akzo Nobel and PPG Industries, two of the world’s oldest industrial companies.
Wed, 22 Mar 2017 17:19:56 EDTStarbucks Corp. plans to hire more U.S. military veterans and their spouses after facing backlash over its promise to hire refugees.
Wed, 22 Mar 2017 23:17:56 EDTNike said a sneaker homage to the cult classic film “Space Jam” was a smash hit, but the retro shoes were a rare highlight in otherwise troubling results for the world’s largest athletic company.
Wed, 22 Mar 2017 16:32:17 EDTShares of Nike fell after the world’s largest sportswear maker gave a tepid outlook for sales growth as the company faces stiff competition and a changing retail landscape.
Wed, 22 Mar 2017 16:16:20 EDTGas Natural, one of Spain’s largest utility providers, said it was filing a suit against Colombia after the government seized one of its companies, the latest example of an increase in legal claims that investors have brought against governments in international arbitration courts.
Wed, 22 Mar 2017 15:59:54 EDTThousands of AT&T Inc. wireline technicians and call-center workers in California and Nevada walked off the job, an escalation in long-running contract negotiations with the telephone company.
Wed, 22 Mar 2017 16:42:30 EDTGeneral Electric promised to cut $1 billion in costs from its industrial operations this year, and to more closely tie top executives’ bonuses to profits in its core industrial business.
Wed, 22 Mar 2017 09:08:31 EDTBrazilian state-controlled oil company Petróleo Brasileiro SA turned a profit and chipped away at its massive debt load in the fourth quarter, helped by higher oil prices.
Wed, 22 Mar 2017 12:09:50 EDTCKE Restaurants said Tuesday that Chief Executive Andy Puzder was stepping down.
Tue, 21 Mar 2017 17:27:01 EDTProvidence Equity Partners agreed to sell scuba certifier Professional Association of Diving Instructors to a group of wealthy families and endowments for more than $700 million.
Tue, 21 Mar 2017 16:49:03 EDTSome overseas governments may buy fewer F-35s because a strengthening dollar is making the jet more expensive, a senior Lockheed Martin executive said.
Tue, 21 Mar 2017 16:34:28 EDTSam Nazarian’s SBE Entertainment Group said it is in advanced talks to combine the company with nightclub and restaurant operator Hakkasan Group.
Wed, 22 Mar 2017 05:31:23 EDTU.S. Justice Department investigators crashed a meeting of the world’s 20 biggest container-shipping operators and handed subpoenas to top executives at several companies as part of a probe on price fixing.
Tue, 21 Mar 2017 13:18:57 EDTBMW is targeting record sales, revenue and earnings this year, as the company revs up development of new models and technology after losing the crown as leading premium-brand auto maker to Daimler.
Wed, 22 Mar 2017 06:45:47 EDTAvon Products, one of the nation’s biggest direct sellers, lost legions of its signature door-to-door sales representatives by failing to modernize its strategy. New owner Cerberus Capital hopes to turn around the company and plans to cut $90 million in annual costs while spending an additional $75 million a year on advertising, representative pay, digital systems and other improvements.
Tue, 21 Mar 2017 01:14:59 EDTFrench pharmaceutical company Sanofi expects its drug sales in China—its third-largest market after the U.S. and France—to grow at least 10% this year, matching last year’s pace.
Tue, 21 Mar 2017 11:15:52 EDTFox News is temporarily benching its legal analyst Andrew Napolitano, a former New Jersey Superior Court Judge, over his unconfirmed report last week that British intelligence had wiretapped Trump Tower for President Barack Obama, according to a person familiar with the matter.
Mon, 20 Mar 2017 17:48:56 EDTMore than 27 inches of rain in California this winter interrupted the sensitive growing season, and the best nuts suffered the most damage.
Tue, 21 Mar 2017 09:47:45 EDTRecord rains in California are threatening crops including leafy greens, strawberries and almonds, leading to shortages and higher prices, the latest in a string of increasingly erratic weather events to hurt farmers, who not long ago were suffering due to prolonged drought.
Mon, 20 Mar 2017 20:20:19 EDTTurmoil over President Donald Trump’s efforts to curb immigration risks reducing tourism to the U.S. beyond the impact the strong dollar has already had on the country’s attractiveness for holidaymakers.
Tue, 21 Mar 2017 09:26:46 EDTFacing low oil prices for the foreseeable future, Royal Dutch Shell is learning to rein in costs and squeeze more production out of big offshore platforms by using drilling techniques from onshore.
Mon, 20 Mar 2017 15:05:46 EDTPay raises are back in style in the corner office, erasing cuts from a year earlier and pushing CEO compensation to new highs amid a robust stock market.
Mon, 20 Mar 2017 08:27:37 EDTSaudi Arabia’s crude oil exports fell to 7.713 million barrels a day in January, while crude oil production dropped by 717,000 barrels a day to 9.748 million barrels a day.
Tue, 21 Mar 2017 14:27:01 EDTThe improbable popularity of a new golf ball sold by Costco has sparked a legal battle between the company and Titleist, the maker of golf’s top-selling ball.
Sun, 19 Mar 2017 19:51:59 EDTCanadian miner Dominion Diamond Corp. received a $1.1 billion bid from a privately held conglomerate in Montana but the two sides are at a negotiating impasse, setting the stage for a public takeover fight.
Mon, 20 Mar 2017 00:45:29 EDTWalt Disney’s ‘Beauty & The Beast’ was a monster at the box office this weekend, opening to $170 million in the U.S. and Canada, according to studio estimates.
Mon, 20 Mar 2017 04:33:17 EDTIn the latest sign that the music industry is mounting a comeback, one of the most powerful men in the business, Irving Azoff, is snapping up some of its least flashy assets: trade publications. Mr. Azoff and a business partner, Tim Leiweke, recently purchased Venues Today, and are in talks to buy Pollstar.
Mon, 20 Mar 2017 09:44:07 EDTThe Italian government made a series of nominations for the top management of large listed companies it controls, including confirming the chief executive of oil major Eni for a second three-year term.
Mon, 20 Mar 2017 08:57:20 EDTU.S. retailers gathering at a conference in Las Vegas will be looking for ways to deal with a problem that has no simple fix. Once considered a competitive advantage, store footprints have now become a burden for many chains as more shopping moves online.
Tue, 21 Mar 2017 10:57:36 EDTFreeport-McMoRan’s standoff with Indonesia over the giant Grasberg mine is entering a new phase, as the company scales back operations while trying to force a resolution to the dispute.