Ira Rennert and his investment firm were ordered to pay $118.2 million after being found liable for looting a magnesium company.» Read More
The new PlayStation and Xbox are highly sought after this Christmas. But these devices don't come cheap, for the consumer or the manufacturer.
Falling gas prices are shaping up as an unexpected gift for drivers—and for people on their holiday shopping lists.
Officials want companies to get a bigger share of a pot of reinsurance money that will cover their costs from high-claim enrollees.
While adding capacity during high-demand periods makes sense in theory, the reality is far more complicated.
Private equity groups are holding more cash for acquisitions than they had at the height of the leveraged buyout boom. The FT reports.
Carlyle is known as a private equity firm, but its latest acquisition continues to diversify the business away from buyouts.
Thursday evening hours and staggered openings may help prevent chaotic overcrowding and ease tensions at registers.
Forget cheap electronics, many consumers will be lining up for something else on Black Friday: beer. Many brewers are using the day to release limited-edition beers.
Sales of Hormel's signature meat-in-a-can Spam rose around the globe, said CEO Jeffrey Ettinger. And a new teriyaki SPAM was just rolled out in Hawaii, he added.
After rejecting an unsolicited bid from Jos. A. Bank, Men's Wearhouse turns the table and proposes to buy the rival menswear retailer.
The use of eminent domain to halt foreclosures is still only a threat, and rather than helping the housing market, it may cause damage.
Inc. has named Aaron Levie of cloud-computing firm Box as its entrepreneur of the year. See how his company, founded in a dorm room, is changing IT.
Even though the excise tax on generous employer health plans doesn't take effect until 2018, it is already causing health care benefits to be cut.
The teen clothing retailer adopted a poison pill that will be triggered if a stockholder buys 10 percent of the company.
The dispute around director compensation is the latest front in the war of influence between activist hedge funds and corporate boards.
It's not about great deals and getting the shopping done early for some people. Some dive into the crowds for the sport of it on Black Friday.
A growing group of social and mobile Web services are poised to become the next Facebook. Just ask them.
Phil Libin, CEO of Evernote, says it's the "best time in the history of the universe" to launch a startup and discusses Evernote's future, which includes an IPO.
Intel is trying to sell its Internet television service for $500 million and wants to complete a deal by year-end, Bloomberg reported.
Weak results from some natural and organic food sellers suggests healthy eating is really gaining traction! Huh?