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NY Times - News On Business
Updated: 2 days 5 hours ago
Congress has no direct power to approve or disapprove any merger, but endorsements can send a subtle but important message to regulators that the deal is in the public interest and should be cleared.
Comcast suffered a setback as it canceled its offer for Time Warner Cable, but the executive at the company’s helm will likely continue in his father’s footsteps as a daring deal maker.
In an effort to revamp its image and become relevant again to teenage shoppers, Abercrombie & Fitch will stop using shirtless models in stores, in ads and on shopping bags, the retailer said.
An internal inquiry is examining a half-dozen instances in which Mr. Williams is thought to have embellished his accounts, including an episode involving statements he made about events in Cairo during the Arab Spring.
Driving the decision is the fact that Americans are losing their taste for diet sodas and the perception by consumers that the sweetener is not safe.
The decision marks a retreat from the bank’s ambition to serve residents of small towns in Germany as well as hedge funds on Wall Street.
Mylan and Perrigo reincorporated overseas to lower their tax bills, but the move opened them up to unsolicited takeovers.
The hefty pay package reflected strong sales and was less than that of chief executives at rival domestic automakers.
The Spanx line of figure-sculpting bras and bodysuits aims to stay relevant as women increasingly embrace their curves and bumps.
Excluding rising demand for commercial aircraft, orders for long-lasting manufactured goods fell for a sixth straight month.
One major air carrier after another has reported record profits, the result of lower fuel prices and strong demand for domestic air travel.
The Google executive chairman makes a big bet that is far afield from the frivolity of, say, a sports team investment like Steve Ballmer’s.
The drug maker increased its bid to $33 billion as it sought to fend off an unsolicited takeover offer from the Israeli pharmaceutical company Teva.
This is the first episode in a Bits video series that examines how robots are poised to change the way we do business and conduct our daily lives.
Studies show that the ability to perform math problems, as well as handling money matters, are typically one of the first skills to decline in diseases like Alzheimer’s.
Studies show that the required counseling given to incoming college students often is dense, confusing and completed at the busiest time of the year.
People are spending thousands of dollars to look better, believing that minor work will improve their careers and their self-image.
Finance leaders criticized Athens for moving too slowly to improve the economy, steps they see as necessary to avoid a default.