Our Great City
Berkshire Hathaway plans to give back nearly all its ownership stake in Graham Holdings Co., the former owner of the Washington Post newspaper, as part of an asset exchange between the two companies.
The FDA approved the first medical device used as a preventative to ward off migraine headaches—an electrical nerve-stimulator used before the onset of pain.
President Obama is expected to order a rule change this week that would require employers to pay overtime to a larger number of salaried workers.
Jos. A. Bank agreed to be bought by Men's Wearhouse for roughly $1.8 billion, in an agreement that ends a colorful takeover battle between the rival suit retailers.
General Motorsis offering owners of the 1.6 million cars covered in the faulty ignition switch recall a $500 cash allowance if they want to trade in, buy or lease a new product.
Carl C. Icahn is now taking his case to spin off PayPal from eBay directly to the online marketplace company's shareholders, days after the company's board rejected the activist investor's slate of nominees.
Private equity firm L Capital Asia LLC, which is backed by LVMH Moët Hennessy Louis Vuitton SA, has bought a majority stake in iconic restaurant, club and lounge operator Ku Dé Ta
Canadian National Railway Co. told British Columbia wood and pulp producers it will stop moving products to Pacific Coast loading facilities until a backlog is cleared.
Comcast's proposed takeover of Time Warner Cable has sparked media-industry fears that the combined giant would have too much influence over everything from cable industry pricing to broadband-related services.
King Digital, maker of the "Candy Crush Saga" mobile game, said it is seeking a market value of up to $7.6 billion in its initial public offering.
European telecoms are pushing a wave of deals, raising pressure on regulators in an effort to consolidate a fragmented industry.
Google Capital, the online-search firm's newest investment vehicle, unveiled it is leading an $85 million funding round for consumer-finance and tech company Credit Karma.
The global airline industry is on track to turn in a second consecutive year of improved profitability even as higher oil prices triggered by the situation in Ukraine has prompted the International Air Transport Association to issue a downward revision to its forecast.
A property company controlled by Thai billionaire Charoen Sirivadhanabhakdi said it has received approval from the market regulator to list a hospitality-focused real-estate investment trust on the Singapore Exchange.
As Pope Francis approaches the first anniversary of his election this Thursday, his popularity is generating a boom for religious media, a niche that rarely gathers much notice.
Energy XXI agreed to acquire EPL Oil & Gas in a cash-and-stock deal valued at about $1.53 billion that would create the largest publicly traded oil-and-gas producer focused on the shallow waters of the Gulf of Mexico.
Eastman Kodak named tech industry veteran Jeff Clarke its new chief executive as the stripped-down former photo giant presses on with its reinvention.
European utilities E. ON SE and Enel SpA lowered their annual dividends as the subsidy-led boom in renewable energy hit earnings.
Walt Disney Co. is in talks to acquire popular online-video producer Maker Studios for about $500 million, said people with knowledge of the talks.
If the U.S. Transportation Department doesn't issue a foreign-carrier permit, the Norwegian budget airline will look to buy a European carrier that already has one, its CEO says.