Apple Inc. on Monday will begin its bold undertaking to add a wallet to its iPhones. Participants include McDonald’s, Whole Foods and Walgreen. Yet the service won’t be ubiquitous overnight.
Tesoro Logistics is buying a natural-gas pipeline and processing business owned by QEP Resources in a $2.5 billion deal, the companies said late Sunday.
IBM will pay Globalfoundries $1.5 billion to take over IBM’s semiconductor operations.
Copper prices clung to $3 a pound last week as encouragement over stimulus efforts by China offset worries about slowing global growth.
Banks may not be finished tightening their belts, with low interest rates likely continuing to squeeze the profitability of lending and trading remaining a volatile source of revenue.
Brad Pitt’s World War II drama took in $23.5 million, leading a cluster of weak debuts for several new films.
Denis McInerney, a lawyer recruited to oversee the Justice Department’s fraud section after the financial crisis, is returning to private practice at Davis Polk.
Rainmaking attorneys at troubled law firms are tempting targets for poaching. But raids of key lawyers or practice groups can further destabilize struggling firms.
A flock of U.S. airlines is expected to report strong quarterly profits, following the lead of Delta Air. Carriers’ share prices, however, have been battered by concerns from a global economic slowdown to Ebola.
Syngenta faces escalating legal battles over its sale of genetically engineered corn seeds that some farmers and agricultural companies say have roiled international grain markets this year.