Tenet Healthcare Corp. swung to an unexpected first-quarter loss as the hospital operator increased a reserve for a potential resolution of a whistleblower lawsuit that alleges the company’s Georgia hospitals took part in a kickback scheme.
Aeropostale is preparing to file for bankruptcy protection this week and close more than 100 stores, according to people familiar with the matter, as the teen-apparel retailer contends with mounting losses and falling sales.
For decades Filipinos with professional ambitions knew the surest way to realize them: leave the Philippines. But the trend is finally turning, as political stability and economic growth draw them back.
Fiat Chrysler Automobiles chief Sergio Marchionne is also taking the wheel at Ferrari, a move that puts him in charge of the luxury sports car maker his company spun off to investors less than a year ago.