US Business News

Allergan Rejected Offer From Actavis

Related Link: 

Drug company Actavis recently made a bid for Allergan, but the Botox maker rejected the proposal and is closing in on its own takeover for Salix Pharmaceuticals.

U.S. Steel CEO Takes on Heavy Load

Related Link: 

One year into leading U.S. Steel, Mario Longhi says "everything is on the table" as he tries to bring the company back from five years of losses.

German Firms Go on U.S. Buying Spree

Related Link: 

German companies are on a buying spree, and the U.S. is their biggest target. On Monday, pharmaceutical firm Merck KGaA said it would buy Sigma Aldrich for $17 billion. A few hours earlier, Siemens agreed to buy energy-equipment maker Dresser-Rand Group for more than $6 billion.

FTC Considers Challenge to Food Merger

Related Link: 

The FTC is considering a possible antitrust suit to block the merger of Sysco and US Foods, concerned that combining the nation's two biggest food-service suppliers could threaten competition, according to people familiar with the matter.

SEC to Pay $30 Million to Whistleblower

Related Link: 

The Securities and Exchange Commission said it expects to pay more than $30 million in an award under its whistleblower program, more than double the agency's previous high for a payout under the plan.

Bed Bath & Beyond Looks Sleepy

Related Link: 

Ahead of the Tape: Shares of Bed Bath & Beyond are cheap and may get even cheaper when the home-furnishings retailer reports results Tuesday. But are they cheap enough?

Tesco Probes Accounting Error

Related Link: 

Tesco has suspended four senior executives and called in outside auditors and legal counsel to investigate the overstatement of the U.K. supermarket operator's profit forecast.

MGM Buys 55% of Mark Burnett Ventures

Related Link: 

MGM acquired a 55% stake in "Survivor" producer Mark Burnett's various television and film production ventures, folding them into its United Artists banner.

How DuPont Got Into the Hospitality Sector

Related Link: 

DuPont's hotel, theater and country club assets offer a glimpse at a faded era in American industry, when big companies invested in such operations as icons of corporate pride and to entice employees with the amenities of a major metropolitan center.

German Amazon Workers on Strike

Related Link: 

Workers at five German Amazon.com logistics centers walked out in a two-day strike to support demands for a collective wage agreement, the Verdi labor union said.

Syndicate content