Making Sure the Boss Is the Right Fit

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A poor cultural fit is the primary reason top managers fail. Industry experts says job candidates as well as recruiters need to step up the diligence in the hiring phase.

For Coke, a Globally Mixed Picture

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Coca-Cola Co.'s global soda volumes slipped 1% in the first quarter, the first decline in its carbonated soft-drinks business since 1999. Business in China and other emerging markets was strong, though.

FCC to Set Aside Spectrum for Smaller Wireless Firms

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Federal regulators plan to set aside a portion of choice spectrum for smaller wireless carriers at an auction of TV airwaves scheduled for next year.

Diageo Makes $1.9 Billion Bid to Control India's United Spirits

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U.K. liquor giant Diageo offered $1.9 billion to raise its stake in India's biggest spirits maker to 54.78%, which would give it long-sought strategic control and further access to the country's population.

ADM Plans to Sell Fertilizer, Chocolate Businesses

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Archer Daniels Midland Co. agreed to sell its Brazilian fertilizer business to Mosaic Co. for $350 million and said it plans to pursue a sale of its global chocolate business as well.

Gold Posts Biggest Drop Since December

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Gold locked in its largest one-day percentage drop since December as worries about weaker demand from China prompted some investors to reduce their gold holdings.

Intel Net Falls as PC Market Shrinks

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Intel reported a decline in first-quarter profit as the Silicon Valley chip maker continues to share the pain of the shrinking personal-computer market.

Search for Rich Payouts Hits a Wall

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Seeking out safety in emerging-market stocks is turning out to be a dangerous proposition.

Zebra to Buy Motorola Solutions Enterprise Unit

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Zebra Technologies agreed to buy Motorola Solutions' scanner business for $3.5 billion in an effort to expand its bar-code and radio-tag business.

Yahoo Shows Signs of Growth

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Yahoo's earnings report provides evidence that the company may be winning back advertisers, and that Alibaba had a strong December quarter.

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