Sears updated its plans to split off up to 300 of its best stores into a separate company as it also reported a $159 million loss and declining sales over the holidays.
Investors asked to withdraw nearly $800 million from Fortress Investment Group’s main hedge fund in recent weeks, a new setback for the closely followed manager Michael Novogratz.
HCA said a lawsuit had been filed alleging the it subjected patients to medically unnecessary, invasive and high-risk cardiology procedures and submitted false medical claims for reimbursement.
Mining firms such as BHP Billiton and Rio Tinto have escaped writing down the value of iron-ore pits in Australia, despite slumping commodity prices.
Weight Watchers reported a loss in the holiday quarter and said members continue to leave as the weight-loss company sheds more ground to apps and other gadgets that track calories.
Mobile-technology companies meeting at a major industry conference in Barcelona next week face a big issue: how to cope with exploding demand for wireless capacity.
Aereo, the defunct TV-streaming service that promised to revolutionize the way consumers watch TV, was sold for parts to TiVo and other buyers at a bankruptcy auction.
Shareholders of American Realty Capital Properties, the real-estate investment trust founded by investor Nicholas Schorsch, are calling for a shake-up of the company’s board.
Ahead of the Tape: Upscale Del Frisco’s Restaurant Group has been serving up hot results, but it may not be the best meal in town.
Hershey Co., which said in September that Chief Financial Officer David W. Tacka was retiring, on Thursday named Patricia A. Little to succeed him, effective March 16.