The Goldman Sachs technology M&A team, led by Sam Britton, has cashed in on its software focus and decades of experience to dominate 2019's biggest deals.Technologyread more
American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Trump does have some powerful tools that would not require approval from U.S. Congress.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
Shares of ConAgra Foods, one of the nation's largest packaged good producers, fell on Thursday after it announced changes in management and cut its full year 2015 earnings forecasts.
The company, well known for its Slim Jim and Chef Boyardee brands, said Sean Connolly would replace current CEO Gary Rodkin effective April 6. Rodkin had announced his impending retirement in August.
Connolly, 49, was CEO of Hillshire Brands from 2012 until its sale to Tyson Foods in August.
"[Connolly's] track record of building brands, energizing teams, and creating value makes him an ideal fit. We are confident he will infuse focus and enthusiasm at ConAgra Foods, " the company's chair said in a statement.
It also expects to earn between $2.13 and $2.18 for the 2015 fiscal year, which was lower than it previously projected. ConAgra cited the dollar's recent strength as well as unexpected changes in commodities prices for the weaker outlook. Fiscal third-quarter earnings per share are expected to fall about 10 cents from a year ago.
The company also said the ongoing longshoremen labor dispute on the U.S. West Coast had negatively impacted the company's international exports, specifically in its Lamb Weston potato unit. The company said it originally expected for the labor dispute, which has carried on since May, to be resolved in the winter, but it now sees it going on well in into the spring.
The packaged goods producer also said its private brands segment had suffered "due to a highly competitive bidding environment, as well as execution shortfalls, which together have negatively impacted recent results and near-term expectations for volumes, pricing, and margins."
Shares fell about 3 percent in after-hours trading.