The $6.3 billion merger between Staples Inc. and Office Depot Inc. collapsed after a federal judge sided with Federal Trade Commission officials, who argued the deal would hurt consumers. David McLaughlin and Andrew M Harris...
After six months of legal jabs, a California judge dismissed a case challenging media giant media mogul Sumner Redstone’s mental competency. And while this decision was an obvious victory for Redstone and his family, the...
Disney has yet another hit of its hand with Captain America: Civil War dominating box offices during its opening weekend. The film is estimated to has raked in $181.8 million, according to industry tracker comScore. Patrick...
Pink moustaches will now adorn a fleet of self-driving electric taxis, after General Motors Co. and Lyft Inc. announced Thursday their plans to to test driverless taxis within the year. The project is aimed at three primary competitors —...
Tribune Publishing Co.’s board of directors rejected Gannett Co.’s unsolicited $815 million offer, calling the offer an “opportunistic” bid. Roger Yu of USA Today, which is owned by Gannett, had the day’s news: Tribune...
Japanese airbag maker Takata is expected to undergo another huge recall, with U.S. regulators expected to announce as early as Wednesday that 35 million additional airbags need to be recalled. The company was forced...
A U.S. jury ordered Johnson & Johnson to $55 million to a women who said the company’s talc-powder feminine hygiene products led to her ovarian cancer. This decision is the latest in a line of...
Halliburton and Baker Hughes, two major oil services companies, called off their $34 billion merger on Sunday after they struggled to gain regulatory approval. Renae Merle of The Washington Post had the day’s news:...
After an internal investigation discovered his at-work relationship, Priceline CEO Darren Huston resigned Thursday, forfeiting both his severance package and more than $13 million in equity awards. Huston’s resignation was effective immediately. The Financial...
Paris drugmaker Sanofi SA launched an unsolicited $9.3 billion bid for U.S. cancer firm Medivation, launching what could be a lengthy takeover fight. Nick Kostov and Noemie Bisserbe of The Wall Street Journal had...
