A Delaware judge ordered Dole Food’s chief executive and a former official to pay shareholders $148 million, ruling that CEO David Murdock’s 2013 buyout undervalued the fruit grower.
The FDA approved Amgen’s cholesterol-lowering drug on Thursday, teeing up a rivalry with a similar treatment that was approved just weeks earlier.
Wannabe mermaids are strapping on monofins and taking to pools and beaches around the world. A school for mermaids in Spain teaches students how to do flips and dives.
Activist investor Carl Icahn disclosed a 8.5% stake in mining-and-energy giant Freeport-McMoRan on Thursday, saying its shares are undervalued and that he plans to talk with management about costs.
The Chinese affiliate of Uber is close to securing about $1 billion in new funding from investors in the region, part of the ride-hailing company’s rivalry with deep-pocketed Chinese rival Didi Kuaidi.
At BMW’s annual results presentation in March, former Chief Executive Norbert Reithofer warned of a coming slowdown in China. These days his prediction seems optimistic.
The Eurozone’s heavy reliance on exports leaves the region vulnerable as emerging markets stumble.
Market turmoil in China has further derailed the money-management industry’s flagship effort to bring more-sophisticated—and riskier—investment strategies to small investors.
Contract workers and other temporary employees will be able to more easily unionize following a landmark ruling Thursday by a U.S. federal labor regulator.
Ahead of the Tape: Low gasoline prices haven’t spurred consumer spending, but the impact may be felt in coming months.