Sears Holdings announced plans to raise more than $2.5 billion by transferring properties to a new trust and agreed to partner with General Growth Properties on a real estate venture.
Macellum Advisors GP LLC has criticized the board of women’s retailer Christopher & Banks Corp. and suggested it consider a potential sale, in a letter addressed to chairman Paul Snyder.
Uber has filed complaints against three European Union governments with regulators in Brussels after the U.S. car-hailing service faced bans for offering certain services in a number of European countries.
Customers recognize GoDaddy from ads with Danica Patrick, but the web-hosting firm now hopes a coming $20-a-share IPO will help its transition to serious small business.
Economic issues in South Africa and Nigeria have prompted companies to look for growth in smaller but promising African countries like Angola and Kenya.
Manufacturing activity in the eurozone grew more rapidly during March than first estimated and at the fastest pace in 10 months, while the weaker euro boosted new orders from overseas buyers.
Real-estate investment trust Macerich rejected a bid from rival Simon Property Group, which promptly withdrew its $16.8 billion offer, ending for now the possible combination of rival mall operators.
Geopolitical strife is having a muted effect on oil prices.
Quarterly Markets Review: Stocks in the U.S. and big global markets ended March on a down note, but investors had plenty to celebrate during a quarter marked by records broken around the world.
Comcast is creating a $4.1 billion investment company in partnership with its chief financial officer, Michael J. Angelakis, to hunt for growth at home and abroad as the U.S. cable market matures.