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.
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.
Nearly half of the directors of Williams Cos. resigned Thursday after they failed to oust the company’s chief executive following its collapsed merger with Energy Transfer Equity LP, according to people familiar with the matter.
With its agreement to acquire Starz for $4.4 billion including debt, Lions Gate Entertainment Corp. is poised to become a bigger player in media mogul John Malone’s plan to consolidate the content business.
A Massachusetts judge Thursday got more than an earful about Sumner Redstone’s health and estate planning as he weighs whether to dismiss a suit claiming the 93-year-old media mogul can’t make reasoned decisions.