Les Moonves, the ex-CBS Corp. boss who got bounced last fall amid a slew of sexual misconduct allegations, is fighting the company’s decision to deny him a $120 million severance package. Alexandra Steigrad of the...
Sears Holding Corp. has gotten another reprieve, care of a bankruptcy auction win for the company’s Chairman Eddie Lampert, but the problems that got the retailer into trouble in the first place still persist...
CVS Health Corp. is battling Walmart Inc. over the cost of filling prescriptions, a clash that could result in a split between the retail behemoth and the health-care giant. Anna Wilde Matthews and Sarah Nassauer of The...
Kate Waldock from Georgetown University and Luigi Zingales at the University of Chicago of the Capitalisn’t podcast spoke to Washington Post business columnist Steven Pearlstein about why business journalism is important to capitalism and how that relationship has...
PG&E Corp. stock cratered Monday after the company said it will file for Chapter 11 bankruptcy protection amid the financial anguish stemming from its part in helping spark a wave of historic wildfires in California....
NBC News announced its professional divorce agreement with Megyn Kelly late Friday, ending an association with the former Fox News Channel star whose attempt to become a network morning television star as part of...
Sears Chairman Eddie Lampert has submitted a revised bid of roughly $5 billion in a last-ditch attempt to save the retailer from liquidation. Lauren Hirsch of CNBC.com had the story: This latest attempt comes one...
Herbalife Nutrition Ltd.’s chief executive resigned after the company said it discovered comments he made prior to becoming CEO that were inconsistent with its standards. Patrick Thomas of The Wall Street Journal had the story: The nutritional-supplement...
Eli Lilly said Monday it will buy Loxo Oncology Inc. for $8 billion, an expensive bet on a pipeline of cancer drugs that target rare genetic mutations and the biggest acquisition in the drugmaker’s 143-year history....
Dylan Byers of NBC News writes about how Facebook executives are upset with how The New York Times has been reporting about the company. Byers writes, “Asked to respond to the criticism, Times executive editor Dean...
