Time Inc. hired banks to help field takeover or partnership interest after the country’s largest magazine publisher received overtures from a group of media investors including Edgar Bronfman Jr.
Federal regulators are considering allowing airline passengers in coming years to routinely make phone calls during flights—so long as travelers are warned in advance about potential midair distractions.
About 51% of American 30-year-olds earn more than their parents did, an enormous decline from the early 1970s and even rapid economic growth won’t do much to reverse the trend.
An investment firm with ties to junk-bond pioneer Michael Milken is nearing a deal to buy industrial-packaging company Mauser Group for more than $2 billion.
OPEC’s deal to cut oil production isn’t likely to save investors in troubled U.S. producers from seeing their stakes vanish in chapter 11, according to restructuring experts.
Credit Suisse Group announced internally Thursday that it has hired Robert Peck as its new head of global internet investment banking.
Good times won’t last in China’s worst-off, old-economy provinces dominated by steel and coal.
McDonald’s said a large portion of its non-U.S. income would be taxed in the U.K., following a restructuring that shifts operations away from Luxembourg.
Economists estimate that the U.S. will add about 50,000 manufacturing jobs by the end of 2019, a pace far too slow to replace what has been lost.
An international consortium of major infrastructure investors is paying a punchy price for the U.K.’s gas-distribution network.