Darden Defends Progress, Posts Loss

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Darden Restaurants defended its efforts to turn around its struggling Olive Garden chain and said it is already implementing many of the cost-cutting initiatives that activist shareholder Starboard proposed Thursday night.

Darden Defends Progress, Posts Loss

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Darden Restaurants defended its efforts to turn around its struggling Olive Garden chain and said it is already implementing many of the cost-cutting initiatives that activist shareholder Starboard proposed Thursday night.

Starbucks Holder Unloaded Big Position

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An investment firm sold 6.2 million Starbucks shares between Thursday's close and Friday's session, according to people familiar with the matter, turning over more than double the stock's average daily volume in a single trade.

Hebei Iron & Steel to Build Plant in South Africa

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Hebei Iron and Steel will build China's biggest overseas steel mill in South Africa, a move that underscores how policy and cost pressures are reshaping the world's largest steel industry.

Cargill Sues Syngenta Over Sale of GMO Seeds Unapproved in China

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Cargill sued seed maker Syngenta, claiming that the Swiss seed maker's push to sell bioengineered corn seeds that weren't approved in China cost the U.S. grain company $90 million when Beijing rejected corn shipments.

Cargill Sues Syngenta Over Sale of GMO Seeds Unapproved in China

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Cargill sued seed maker Syngenta, claiming that the Swiss seed maker's push to sell bioengineered corn seeds that weren't approved in China cost the U.S. grain company $90 million when Beijing rejected corn shipments.

RadioShack Considering $585 Million Financing Package

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RadioShack is considering a $585 million financing package led by hedge fund Standard General and investment bank UBS in an attempt to keep the electronics retailer out of bankruptcy.

Benioff to Leave Cisco's Board

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Cisco Systems said Marc Benioff, chairman and chief executive of Salesforce, will step down from Cisco's board of directors in November.

Energy Future Bid for More Time Draw Support

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Energy Future Holdings Corp.'s bid for more time to figure a way out of bankruptcy has heartened some creditors.

Boeing's St. Louis Machinists Eye Voluntary Buyouts

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More than half of the Boeing machinists at its St. Louis fighter-jet plant have signed up to take voluntary buyouts, union leaders said.

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