Starbucks shuts 8,000 stores for anti-bias training
(Reuters) – Starbucks Corp (SBUX.O) appealed to customers for forgiveness in a row over racial profiling on Tuesday, saying its behavior toward two black American customers last month had been…
Comcast prepares to top Disney’s $50 billion offer for Fox
(Reuters) – Comcast Corp (CMCSA.O) confirmed on Wednesday it was preparing a higher, all-cash offer for most of the media assets of Twenty-First Century Fox (FOXA.O), setting up a bidding…
FDA issues warning letters to companies selling kratom products
(Reuters) – The U.S. Food and Drug Administration said on Tuesday it issued warning letters to three companies that illegally marketed and distributed products containing the substance, kratom, which they…
Boeing technicians in South Carolina to vote on unionization: WSJ
(Reuters) – Some Boeing Co (BA.N) workers at the planemaker’s factory in South Carolina will vote on union representation later this month, the Wall Street Journal reported on.wsj.com/2xav6Px on Monday,…
GE merges transportation unit with Wabtec in $11.1 billion deal
(Reuters) – General Electric Co (GE.N) confirmed on Monday it was unloading the bulk of its transportation business which makes train engines to Wabtec Corp (WAB.N), a U.S. manufacturer of…
LaSalle Hotel accepts Blackstone’s $3.7 billion cash offer
(Reuters) – LaSalle Hotel Properties (LHO.N) decided to sell itself to private equity firm Blackstone Group LP (BX.N) for $3.7 billion in cash, rejecting a cash-and-stock offer from rival Pebblebrook…
Model 3 price hype helps Tesla shares bounce
(Reuters) – Shares in Tesla Inc (TSLA.O) jumped more than 4 percent on Monday as investors were encouraged by the company’s placing a $78,000 price tag on the fully-loaded version…
Australia’s Santos gets final sweetened $10.8 billion bid from Harbour Energy
(Reuters) – U.S.-based Harbour Energy made a final offer of $10.8 billion for Australia’s Santos Ltd (STO.AX) on Monday, hiking its bid for a fifth time in nine months after…
Boeing’s foldable wingtip for new 777s gets approval
(Reuters) – Boeing Co (BA.N) on Friday won approval from the U.S. regulator Federal Aviation Administration for the company’s new foldable wingtips for its latest 777 jets. FILE PHOTO: A…
Campbell Soup CEO quits; company cuts forecast, to review portfolio
(Reuters) – Campbell Soup Co Chief Executive Officer Denise Morrison unexpectedly stepped down on Friday, as the company issued a bleak forecast for the year and said it would embark…