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Updated: 2 hours 26 min ago
Apple has tapped a highly-regarded senior executive who helped bring to market many of Apple’s signature products to oversee its fledgling automobile project, according to people familiar with the matter.
Verizon’s planned acquisition of Yahoo deepens the nation’s largest wireless carrier’s investment in digital media but hands it a troubled company in need of restructuring.
Sprint continued to add customers in the latest quarter, helped by its aggressive discounting, and revenue slid less than expected amid indications the wireless carrier’s reboot is gaining ground.
Yahoo’s $4.83 billion sale to Verizon puts an exclamation point on a tumultuous two-decade run that began with success as the web’s organizer, and ended with a cycle of failed leaders and strategic blunders.
In a rare public dustup between two of the biggest collaborators in the aerospace industry, a major supplier to Boeing Co. said the world’s largest plane maker was behind on tens of millions dollars in payments due at the end of last month.
The recent boom in oil transportation by rail in the U.S. is in decline, threatening what was once viewed as a sizable driver of growth for the railroad industry.
Finance chiefs at companies including Baxter International, Northern Trust and Alaska Air are turning to outside consultants as they grapple with increasingly complex challenges ranging from shareholder activism to merger integration.
Nike said Chief Executive Mark Parker’s total compensation nearly tripled to $47.6 million for fiscal year 2016 compared with a year earlier thanks to a big increase in stock awards tied to him taking over the chairman role.
Two years ago, the CEO of Verizon Communications handed a rising lieutenant a big job: build three business units that can each generate $5 billion of revenue a year. That executive is Marni Walden.
Starbucks is reorganizing the roles of its senior leaders, a week after the coffee giant had a sales-target miss for its third consecutive quarter.
The best-paid CEOs tend to run some of the worst-performing companies and vice versa, even when pay and performance are measured over the course of many years, according to a new study.
LVMH agreed to sell Donna Karan International to apparel company G-III Apparel Group for $650 million including debt, an unusual retreat for the French luxury giant.
McDonald’s Corp. is scheduled to announce its second-quarter earnings before the market opens on Tuesday. Here’s what you need to know.
Columnist Christopher Mims writes that “Pokémon Go” became a monster hit by connecting people playing the game, even though it isn’t explicitly about bringing people together.
Major Japanese firms will this week release results for the April-June period in which the yen strengthened more than 8% against the U.S. dollar.
Tesla is scrambling to finish building its massive $5 billion battery factory to meet demand for its coming cheaper sedan and provide power for new types of vehicles CEO Elon Musk says are under development.
Hans Vestberg is stepping down as the Swedish telecom-equipment maker struggles with slowing demand and fierce competition.
AMC Entertainment and Carmike Cinemas said they had agreed to a sweetened takeover deal at more than $800 million, after a vote to approve the deal was twice postponed.
Twitter is fast turning into a digital hangout for sports fans, striking deals with Major League Baseball and the National Hockey League to host live video of games.
Verizon announced plans to buy Yahoo for $4.83 billion in cash, ending a drawn-out auction process for the beleaguered internet company.