Cargill Inc. said on Wednesday it is closing a Wisconsin beef plant that employs 600 workers, the latest example of how tight cattle supplies are roiling the meat business.
Good-bye Detroit, hello Hawaii. With markets at record levels and wealth-management fees rising, Wall Street is once again sending top brokers to luxury destinations.
The slow progress in Sprint's pursuit of T-Mobile is in part tied to the public nature of the deal. With all the details out, there isn't as much pressure to make an announcement.
Telefónica said it is in talks to buy a Mexican rival, reported to be Iusacell, in a deal that could be worth as much as $4 billion.
Snapchat is in discussions to raise a new round of financing from Alibaba in a deal that could value the mobile-messaging app at about $10 billion.
Kering SA said its first-half profit rose 7% on strong growth at some of its luxury brands, though a steep decline in sales at its flagship Gucci fashion house exposed how weakness in Asian markets continues to hit luxury firms.
Sprint reported another quarter of subscriber losses but said it hopes to return to growth by year's end, with the help of new pricing plans.
Boeing plans to build a new version of its flagship 787 Dreamliner jet exclusively at its nonunion factory in South Carolina.
Argentine bonds surged after marathon negotiations and word of a plan by banks to step in raised hopes of a last-minute deal to avoid default in the nation's standoff with some creditors.