SABMiller’s board has agreed on the key terms of a sweetened takeover proposal by Anheuser-Busch InBev, valuing it at $104.2 billion.
J.P. Morgan’s third-quarter results show the bank is still struggling to generate growth in a muddled banking environment.
Carnival Corp. is doubling its cruise lines in China, betting that tourism will grow even as the economy slows.
In a new twist on the gift-card business, retailers are starting to roll out cards that give the recipients small amounts of stock in some of the country’s best-known companies.
Enthusiastic investors focus on Netflix’s growth but they would do better to ask how quickly it can get away with increasing prices given its bulging content obligations.
U.S. banker James Staley is likely to land at Barclays with a delicate balancing act to pull off: fine-tune its investment bank while squeezing profits out of the retail arm.
Layoffs at Twitter could help refocus the company. But they could also be a sign of the company’s lowered ambitions.
Johnson & Johnson’s large share buyback reinforces its financial strength.
Lenders have made perhaps the harshest cut yet to a U.S. oil producer’s collateral-backed loans, slashing Emerald Oil’s credit line to less than its outstanding balance.
A proposed $1.7 billion high-end tower on “Billionaires’ Row” at 36 Central Park South represents what critics call an abuse of the EB-5 immigrant investor program designed to aid economically deprived areas.