Scripps, Journal Communications to Divvy Up Assets

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E.W. Scripps and Journal Communications struck a deal to put their newspaper operations into one company and their broadcast assets into another, following in the footsteps of rivals.

Blame It on the World Cup

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Companies selling TVs, sports drinks and snacks scored, but the makers of washing machines lost out.

Sprint Tries a Facebook-Only Plan

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Sprint will soon let subscribers buy a wireless plan that only connects to Facebook, Twitter, Instagram or Pinterest for about $12 a month.

Cargill to Close Beef Plant Due to Tight Cattle Supplies

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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.

Woodside Deal to Buy Back Shell Stake in Doubt

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A deal for Woodside Petroleum to buy most of Royal Dutch Shell's interest in the company has been cast into doubt after a large number of investors opposed the proposal.

Coke: Contents Under Pressure

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Coca-Cola Co. can no longer lean on its foreign markets for reliable growth, which means it must turn around its U.S. business. That won't be easy, as Americans are drinking less soda.

Nintendo's Difficulties Worsen

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Nintendo said its operating loss nearly doubled as the videogame maker faced sagging sales of its 3DS hand-held console.

Kering 1st-Half Profit Up 7% Despite Weakness at Gucci

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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 is hitting luxury firms.

Lions Gate's CEO Paid $63.6 Million

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The CEO of movie studio Lions Gate Entertainment was paid $63.6 million for the fiscal year ended in March, according to a Securities and Exchange filing.

Whole Foods Again Lowers Sales View

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Whole Foods said third-quarter earnings rose 6%, but the specialty supermarket again lowered its sales projections for the fiscal year.

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