Corporate News

Pennsylvania steakhouse to change name in lawsuit settlement

Aug 17, 2017

A Pennsylvania eatery that was sued by a New York City steakhouse for trademark infringement has agreed to change its name

The Latest: Wisconsin Democrats argue against Foxconn breaks

Aug 17, 2017

Democrats in the Wisconsin state Assembly are arguing that a vote on $3 billion in tax breaks for Taiwan-based Foxconn Technology Group should be delayed until the bill can be improved

The Latest: France issues list of products with tainted eggs

Aug 17, 2017

France's government, facing pressure for more transparency amid Europe's egg scandal, has released a list of products pulled from supermarkets because they were made with pesticide-tainted eggs

Better than expected, barely good enough: Profits and stocks

Aug 17, 2017

Companies are in the midst of reporting some of their strongest profit growth in years, and the results have been even better than analysts expected

US stocks slip after results from Wal-Mart and Cisco

Aug 17, 2017

US stocks start lower as Wal-Mart's results weigh on retailers and a disappointing sales forecast from Cisco Systems puts pressure on technology companies

Panama Papers expose cash trail amid Red Bull fugitive hunt

Aug 17, 2017

The Associated Press has found the billionaire Thai family that co-owns Red Bull has used offshore companies to cloak purchases of aircraft and luxury properties

US factory output down in July on tumbling auto production

Aug 17, 2017

US factory production slipped 0.1 percent in July; overall industrial production rose 0.2 percent

Danes find more tainted eggs in food supply chain

Aug 17, 2017

Two Danish companies have bought 6.8 tons eggs and 108 kilograms (238 pounds) of omelet, respectively, from farms involved in the contaminated egg scandal

Ford to pay up to $10.1M to settle harassment allegations

Aug 17, 2017

Ford Motor Co. has agreed to pay up to $10.1 million to settle sexual and racial harassment allegations by workers at two Chicago-area plants

Turner is latest to plan sports streaming service

Aug 17, 2017

Turner is the latest TV company to plan a sports streaming app as traditional television companies chase millennial audiences

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