Simon Property Group has launched a $16 billion hostile bid for Macerich Co. after saying its rival refused to discuss a combination of two of the largest U.S. mall operators. ..
German carmaker Volkswagen will invest around $1 billion to expand its plant in Mexico's Puebla to produce the new Tiguan compact, the company said on Monday. The investm ..
Oil prices rose on Monday, rebounding from early losses, after market data firm Genscape reported a modest stock build last week at the Cushing, Oklahoma delivery point for U. ..
OPEC's el-Badri says the cartel isn't targeting U.S. shale producers but admits that oil's steep decline has taken its toll on the frackers. ..
Speculators pared their net-long position in West Texas Intermediate crude by 19 percent in the week ended March 3, U.S. Commodity Futures Trading Commission data show. ..
"Yahoo is in need of a major overhaul," the activist investor wrote in a letter to Yahoo's board on Monday. Starboard recommended that Yahoo aggressively cut co ..
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McDonald's reported a horrific sales month for February, especially in the U.S., where same-store sales slumped 4%, a far-worse result than analysts had estimated. ..
Analysts on average had estimated a 0.7 percent fall, according to analysts polled by research firm Consensus Metrix. McDonald's has been losing market share in the Unite ..
General Motors has headed off a potentially divisive proxy fight by agreeing to buy back $5 billion in stock by the end of next year. The move announced Monday is part of a de ..