U.S. power companies poured billions into new equipment in the past decade, a spending surge that customers have paid for. One reason behind the heavy spending: It actually boosts utilities’ bottom lines.
An Iowa chicken flock of about 5.3 million chickens has been hit with avian influenza.
Canon aims to spend another $3 billion to buy a company in a growth sector.
German business-software provider SAP posted a net profit decline of 23% for the first quarter as it makes the transition to cloud technology.
Cirque du Soleil’s founder agreed to sell his controlling stake in the circus to a TPG-led group.
Publicis reported a 32% jump in first-quarter sales, boosted by the strong dollar and its latest digital acquisition.
Major foreign firms are using a corporate structure in China in a way that may be illegal under a proposed law.
To cut credit-card fraud, issuers are embedding chips, with 575 million of the new cards expected to be in Americans’ wallets by year-end.
Harley’s appeal is growing abroad even as its core U.S. customer base ages.
Wells Fargo is in talks to buy all or part of General Electric’s biggest lending operation, a move that could help the San Francisco bank extend its lead in helping to finance midsize businesses.