Our Great City
The world's biggest coffee-store chain plans to move its headquarters for Europe, Middle East and Africa to London from Amsterdam and will have to pay more U.K. tax as a result.
Despite challenges, a big surge in profits and revenue has put the Chinese e-commerce giant on track for a $15 billion stock sale, just shy of what Facebook sold when the social-networking firm went public in 2012.
Tata Consultancy Services, India's biggest software and outsourcing company by revenue, said profits were helped by the strong dollar and rebounding demand for its services.
The White House will announce $500 million in grants aimed at increasing coordination between community colleges and industry groups and another $100 million to expand access to apprenticeships to boost job training, officials said.
Americans are turning their noses up at one of the healthiest foods around: fish. Consumers aren't sure how to cook fish, while the seafood industry hasn't been able to organize any major marketing campaigns.
Tesco reported its second consecutive decline in full-year earnings and wrote down the value of its European business, the latest international setback for a U.K. company that once hoped to dominate global retail.
Johnson Controls agreed to purchase Air Distribution Technologies from the Canada Pension Plan Investment Board for about $1.6 billion, expanding its position in the buildings market.
Twitter agreed to acquire data partner Gnip, in a sign that the messaging service wants a bigger role in analyzing tweets for businesses hungry for insights from social media. It also hired a new product chief.
Amazon.com, Microsoft and Google are battling over the future of corporate computing, and companies that use their services are reaping the benefits.
A Swedish organization that advises and represents private investors recommended Scania AB shareholders accept Volkswagen AG's offer to buy the remaining shares in the Swedish truck maker..
Yahoo's earnings report provides evidence that the company may be winning back advertisers, and that Alibaba had a strong December quarter.
Abbott Laboratories' first-quarter earnings fell 31% as the health-care products company reported negative currency impact masked modest overall sales growth.
Lego CEO Jørgen Vig Knudstorp discusses the future of plastic bricks in a digital world.
Grainger said its first-quarter profit edged up 2.3% as the industrial-goods supplier reported revenue growth in its U.S. business and strength online, masking lower sales in Canada.
St. Jude Medical Inc. said its earnings rose 12% as the medical device maker reported modest sales growth at its core heart-rhythm device business.
Danone posted a drop in first-quarter sales as price hikes hit sales volumes in key markets, adding to challenges the French dairy giant is already facing in China and Europe.
U.S. Bancorp's first-quarter earnings fell 2.2% as the regional lender posted weaker mortgage banking revenue.
Bank of America said it swung to a first-quarter loss as results were hurt by $6 billion in legal charges and slumping mortgage originations.
A poor cultural fit is the primary reason top managers fail. Industry experts says job candidates as well as recruiters need to step up the diligence in the hiring phase.