Darden Restaurants said CEO and chairman Clarence Otis is resigning as the company focuses on its Olive Garden chain following the Red Lobster sale.» Read More
As Apple's annual meeting approaches, some big investors are fighting an increasingly public fight over what the company should do with its cash.
Fast-casual spots such as Chipotle and Noodles & Co. are far outperforming other categories, especially fast-food companies like McDonald's.
David Beckham announced Wednesday that he is exercising his option to become the owner of a Major League Soccer team in Miami.
Colorado's newly legal pot economy is barely more than a month old, and the nascent industry is already making marijuana brownies look stale.
The company also said Bill Gates would step aside as chairman of the board.
J.C. Penney said comparable sales rose 2 percent during the fourth quarter, which included the crucial holiday season.
Samsung could reveal its latest smartphone – the Galaxy S5 – sooner than expected, after the company sent out teasing invitations.
Walt Disney is preparing to lay off several hundred people in its interactive unit, the division that includes gaming products and its website.
Wal-Mart Stores said it would invest about $500 million this year in Canada, creating more than 7,500 jobs including construction.
Take-Two Interactive beat expectations in Q3 2014, with $1.9 billion in non-GAAP revenue and earnings per share of $5.88 for the quarter.
U.S. safety regulators are investigating complaints that the side air bags on some Honda Accords can inflate when the front doors are closed.
Jason Gissing, one of the ex-Goldman Sachs bankers who founded Ocado, is leaving the company as it prepares to spar with the biggest U.K. retailers.
Daniel Loeb's hedge fund will be losing Rhode Island as a client after the state's pension fund found his Third Point too risky.
United Airlines says it will drop its money-losing flight hub in Cleveland, slashing its daily flights and eliminating 470 jobs.
AT&T announced a price cut for customers who share large data plans to attempt to regain ground lost to Verizon and T-Mobile US.
Samsung is fighting Apple's bid for a permanent sales ban on some Samsung smartphones, which Apple claims infringe on its patents.
Toyota has told U.S. safety officials that seat material in several vehicles has failed to meet fire retardation standards and could face recall.
Can Manchester United shake off a curse baseball teams know all too well: being publicly traded does not equal success on the pitch.
Google's sale of Motorola to China's Lenovo may face a tough review in D.C. over cyber espionage worries.
Ford Motor said the company will launch 16 new models in North America this year.
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