Scrawny cattle and high produce costs are making it difficult for Hardees, Burger King and Johnny Rockets to introduce the hamburger to Africa.
Canadian private-equity firm beat out German rental car company at the auction, agreeing to forgive up to $46 million in debt.
Jon Brod is expected to exit from the company early next year to join a startup, according to a person familiar with the matter.
Teva provides two outlooks for 2014, one assuming multiple-sclerosis treatment Copaxone will face competition from the introduction of at least two generic rivals, and one that assumes no generic competition.
Ford, VW and Hyundai are poised to end the year with significant market-share gains in China.
General Motors named product chief Mary Barra as its first female CEO, replacing Dan Akerson, who will retire next month.
A court has ruled that a Frenchman who sold tens of thousands of faulty silicone breast implants around the world is guilty of fraud.
Office DepotIsaid its Boca Raton, Fla., campus was chosen as the headquarters for the recently enlarged office-products retailer, which last month completed its $1.2 billion buy of OfficeMax.
Pharmacy giant CVS Caremark and health-care service provider Cardinal Health agreed to combine sourcing and supply chain operations to source generic drugs.