Our Great City
As boards worry more about cyberattacks, compliance and personal liability, chief audit executives, who assess corporate controls, risk management and governance processes, are gaining in influence and pay.
GM, Ford and Fiat Chrysler are pledging to expand U.S. capacity to make pickups and SUVs as passenger car sales slump, exacerbating a budding price war for the industry’s best-selling vehicles.
The maker of Kleenex tissues and Huggies diapers lowered its financial forecasts Monday.
Hundreds of thousands of consumers whose health insurance plans are being discontinued for 2017 will get some flexibility when signing up for a new plan during the Affordable Care Act’s open enrollment, a sign of continued turmoil in the exchange markets.
Merck & Co.’s immunotherapy cancer drug Keytruda received U.S. Food and Drug Administration approval as a first-line treatment for certain lung cancer patients.
Data from job-search site Indeed.com shows retailers, and the warehouse and logistics firms they compete with for seasonal labor, started searching for temporary workers a month earlier than in recent years.
Fast-food chain Sonic expects the weak consumer spending and competitive pressure that led to a sharp sales slowdown in the most-recent period to carry into the current fiscal year.
Hospital operator Catholic Health Initiatives, which has struggled after rapid expansion and a foray into health insurance, is in merger talks with Dignity Health to create one of the nation’s largest nonprofit hospital systems by revenue.
Gannett Co. plans to cut 2% of jobs and invest in more acquisitions to transform its business, according to a memo to staff, as the newspaper industry struggles with a particularly turbulent advertising environment.
AT&T’s proposed $85 billion acquisition of Time Warner could accelerate the adoption of more targeted TV advertising, but several hurdles remain.
James Merrill, who founded and then captained the meteoric rise of TelexFree before it was shut down by federal authorities, has pleaded guilty to criminal fraud charges for his role in running a multibillion-dollar pyramid scheme at the company.
Venture capitalists are always chasing the next big thing. Lately, they are struggling to figure out what that might be, spreading their bets across technologies for which the path to profit is unclear.
AT&T can add Wall Street to the list of parties skeptical of its $85.4 billion deal to buy Time Warner.