Our Great City
Updated: 6 min 56 sec ago
Maternity-apparel retailer Destination Maternity Corp. dropped its bid to buy U.K.'s Mothercare PLC in what would have been the first U.S. retail chain to try using a controversial tactic to reincorporate overseas to lower its tax bill.
The National Highway Traffic Safety Administration, acting out of "an abundance of caution," is conducting a limited review into some Chevrolet Impala models over a possible software glitch that can disable air bags.
FBI agents have been interviewing current and former Glaxo employees in connection with bribery allegations made against the company in China, as fresh claims of corruption surface against Glaxo's operations in Syria.
With a coming boom expected in the unmanned-aircraft industry, universities and colleges are scrambling to train pilots. But thanks to government rules, they can't actually get the devices off the ground.
A possible merger of listing sites Zillow and Trulia could put the squeeze on brokers, some fear.
New and deep-pocketed rivals threaten to squeeze profit margins in Amazon.com's cloud computing business, adding to investor concerns about the Seattle company's profitability.
British Sky Broadcasting Group said it agreed to buy all of Sky Italia and most of Sky Deutschland from Rupert Murdoch's 21st Century Fox, for more than $9 billion.
Aspen Insurance Holdings Ltd. shareholders on Friday rejected Endurance Specialty Holdings Ltd.'s proposals to push forward its unsolicited takeover, Aspen said.
New tariffs on Chinese solar panels, including widely anticipated duties imposed by Washington on Friday, are spurring companies to manufacture more solar-power equipment in the U.S.
Tyson Foods Inc. said that ahead of its purchase of Hillshire Brands Co., it will close three facilities it acquired in the 2001 purchase of beef and pork processor IBP Inc.
Berkshire Hathaway Energy's application to buy SNC-Lavalin Group Inc.'s AltaLink power-transmission unit received preliminary approval, the Canadian industry minister said.
Safeway Inc.'s shareholders have approved a planned merger with Albertsons, part of a group led by private-equity firm Cerberus Capital Management LP., the company said Friday.
Indonesia signed on to new contract terms for the local unit of Freeport Mc-MoRan, paving the way for the U.S. mining company to resume copper concentrate exports.
The regulator seeks to ban some of McDonald's most popular products, alleging violations of safety codes which the U.S. company denies.
China's banking regulator approved the establishment of three private banks, with one green light going to Chinese Internet company Tencent Holdings.
A wave of newly insured patients helped boost hospitals' earnings, a sign the health law's coverage expansion is leading more patients to seek treatment. Universal Health Services' revenue rose 10% and LifePoint Hospitals profits rose 44%.
Jaguar Land Rover said it would cut prices on two Range Rover SUVs and a Jaguar sports car in China by an average of $32,000 in response to challenges by Chinese state media and the government.
Ride-sharing app Lyft Inc. has agreed to use only commercial drivers in New York City and follow state and local law as it prepares to roll out operations in New York Friday evening.
Google has embarked on what may be its most ambitious science endeavor: a quest inside the human body. Called Baseline Study, the project will collect genetic and molecular data to create a full picture of a healthy human.