Philip Morris International has filed a suit in the U.K. challenging a new U.K. regulation that bans branding on cigarette packs.
Foot Locker posted a better-than-expected 14% increase in profit as the sportswear retailer continues to benefit from sales growth.
The company’s results on Wednesday missed some growth forecasts, but observers said the stock-price decline may have been exacerbated by the unusual ways Etsy structured its April IPO.
European governments must step up efforts to overhaul their economies, European Central Bank President Mario Draghi said.
The co-chief executive has been given more power to lead the German bank’s strategy. His chairman should only give him a year to show real results.
CVS’s $10.4 billion deal for Omnicare allows the pharmacy to expand into the growing senior market
CVS Health agreed to buy pharmacy-services provider Omnicare for $10.4 billion, strengthening its role as a dispenser of expensive prescription drugs.
Two-fifths of the population of developed countries have gained little over recent decades, driving a rise in income inequality that is damaging economic growth, the OECD said.
Hotel operator Hyatt takes a stake in a company that books short-term stays at high-end homes in London, New York, Paris and Los Angeles, a business that challenges traditional lodging companies.
Rapid, if expensive, growth keeps cloud pioneer Salesforce on top. That actually makes a deal look less likely.