SYDNEY, July 7- Australian chemical maker Orica Ltd said it would curb output and cut staff at a site in the state of Queensland, hit by faltering demand for explosives from the mining industry. Orica said it would lower production of ammonium nitrate as supply outstrips demand, while 10 percent of the 220 staff employed at the Yarwun site are expected to lose their...» Read More
Reynolds American and Lorillard are agreeing a complex merger that will reshape Big Tobacco, bringing together the two biggest US operators.
When Crumbs shuttered its remaining stores, it seemed like an abrupt ending for a company that opened a decade ago to ride the wave of popularity of the sugary treat.
CNBC's Josh Lipton reports from San Francisco where one of the biggest gay pride parades is taking place. Apple and Google are among the big tech companies participating.
The failed Tokyo-based bitcoin exchange, Mt.Gox, received court approval on Tuesday to begin Chapter 15 bankruptcy proceedings in the United States.
The value of potential takeovers yanked from the market is at its highest level since the height of the global credit crisis in 2008.
There is market rumor and speculation that Dublin-based, U.K.-listed pharma company Shire is a takeover target.
Apple's $3 billion acquisition of Beats is not a needle mover for the stock, but it makes sense, CNBC's Jim Cramer said.
Kellogg shares are up roughly 10 percent this year amid speculation Buffett might acquire the company, but not everyone is sure it's a good idea.
AT&T is in active talks to buy satellite-TV provider DirecTV and may complete a deal in the next few weeks, according to media reports.
Pfizer has been rebuffed more often than a particularly unlucky suitor in a romance novel by coy AstraZeneca.
DirecTV is working with advisers including Goldman Sachs to weigh a possible merger with AT&T, according to Dow Jones, which cited sources.
Six years after the financial crisis, birth rates haven't bounced back. For the economy, that's bad news.
New York bankruptcy Judge Robert Gerber oversaw GM's bankruptcy. Now the same judge must decide whether to lift the shield he put in place.
Energy Future filed for bankruptcy protection, seven years after its record leveraged buyout stacked it with debt just as prices for its electricity plunged.
GE chief executive, Jeff Immelt, met French officials Monday to discuss the U.S. company's bid for Alstom amid news of a rival bid from Siemens of Germany.
Mark Karpeles, the CEO of Mt. Gox, said he would not come to the US to answer questions about the Japanese bitcoin exchange's U.S. bankruptcy case
GM will ask a bankruptcy court to bar plaintiffs from proceeding with lawsuits related to any actions before it filed for bankruptcy in 2009.
Cerberus struck a $9 billion-plus deal to buy grocery giant Safeway—a tie-up that should be a win for the consumer.
The huge price tag for Facebook's acquisition of messaging service WhatsApp is hard to justify, but there is clearly value in the app's 450 million users, Blackstone told CNBC.
Dealmaking has kicked off again, with the level of mergers and acquisitions activity in 2014 almost at the pre-financial crisis levels of 2007.