US Business News

P&G Overhauls Bonus System for Managers

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Procter & Gamble is overhauling its incentive system for managers as part of an effort by Chief Executive David Taylor to cut through the company’s bureaucratic morass and jump-start sales growth.

Thor Industries to Buy Jayco

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Recreational vehicle maker Thor Industries said that it agreed to acquire smaller peer Jayco for roughly $576 million in cash, expanding its offerings in towable RVs.

Jury: Oracle Should Pay $3 Billion to HP Enterprise

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A jury in Silicon Valley on Thursday delivered a resounding victory to Hewlett Packard Enterprise Co., finding that Oracle Corp. should pay the computer maker $3 billion in damages—the full amount it sought—for actions that contributed to the decline of a once-lucrative line of high-end computers.

Chipotle Executive Involved in New York Cocaine Bust

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Efforts to regain customer trust at Chipotle Mexican Grill Inc. could suffer a setback as the restaurant chain has put its top marketing executive on administrative leave after Manhattan prosecutors unveiled an indictment involving the executive and a cocaine drug ring.

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