The Wall Street Journal studied 71 activism campaigns. The results: Activism often improves corporate performance but definitely not always.
Johnson Controls Inc. is in talks to buy battery maker EnerSys, according to people familiar with the matter, as the conglomerate reshapes itself in an effort to boost profitability.
The IMF once again downgraded its outlook for global growth, hurt by a slowdown in emerging markets.
Yum Brands reduced its earnings outlook for the year because of the company’s slower-than-expected recovery in China and lingering currency issues.
Starbucks Corp. is tapping Silicon Valley veteran Gerri Martin-Flickinger to be its first chief technology officer as the coffee giant amps up its push into digital ordering.
Fifth Third Bancorp reached a $85 million settlement of civil fraud charges related to roughly 1,400 mortgages the Cincinnati-based bank failed to report were defective, the Justice Department said.
Fast-growing technology companies feasting on Berlin’s educated youth and cheap prices have put a jolt in this sleepy market, gobbling up empty space and pushing up rents.
Volkswagen on Tuesday said it would pare or delay nonessential portions of a planned capital spending plan as it grapples with the fallout from its diesel-emissions scandal.
The United Auto Workers threatened to strike Fiat Chrysler by Wednesday night, signaling a breakdown in efforts to salvage a labor deal widely rejected by members last week.
Overseas loans by banks in Hong Kong fell significantly for the first time in more than four years in August, the month China devalued the yuan.