Dole Executives Ordered to Pay $148 Million in Buyout Suit

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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.

FDA Approves Amgen's Cholesterol Drug

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The FDA approved Amgen’s cholesterol-lowering drug on Thursday, teeing up a rivalry with a similar treatment that was approved just weeks earlier.

School for Mermaids Makes a Splash

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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.

Icahn Discloses Stake in Freeport-McMoRan

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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.

UberChina Closing In on $1 Billion in New Funding

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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.

German Car Makers Shift Gears, as China Slows

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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.

China's Turbulence Exposes Risks to Europe's Growth

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The Eurozone’s heavy reliance on exports leaves the region vulnerable as emerging markets stumble.

From $21.5 Billion to $4.4 Billion in 18 Months

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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.

Ruling Clears Way for Unions

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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.

Cheap Fuel's Benefits Are a Slow Burn

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Ahead of the Tape: Low gasoline prices haven’t spurred consumer spending, but the impact may be felt in coming months.

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