Kraft Heinz shares declined 2.3 percent to $77.00 in after-hours trading. Sales at Kraft fell due to weak demand for its beverages, a result of fewer promotions versus the yea ..
Google said Monday it is creating a new holding company called Alphabet. The move allows the tech giant's core businesses to be managed separately from its periphery ones ..
Wall Street posted sharp gains on Monday as oil prices jumped and a top Fed official said the central bank is still concerned about low inflation. ..
Oil jumped almost 4 percent on Monday after a rally in U.S. gasoline and diesel due to a refinery outage helped crude futures advance from multi-month lows. Brent, the global ..
Shire (SHP.L) Chief Executive Flemming Ornskov is stepping up his campaign to get Baxalta (BXLT.N) to the negotiating table as he pushes the benefits a $30 billion takeover of ..
The only way for oil producers to cope with the low price of crude is to hike rather than cut production, an industry analyst told CNBC. ..
Economic conditions in the United States have largely returned to normal and a Federal Reserve decision to raise interest rates should come soon, Atlanta Fed President Dennis ..
The purchase is Berkshire's largest, and accelerates its transformation from a company largely dependent on insurance businesses into one resembling the broader U.S. econ ..
Greece and its international creditors sought to put final touches to a multi-billion euro bailout accord on Monday to keep the country financially afloat and meet an importan ..
Software company Adobe Systems Inc. said on Monday it is doubling the maternity leave it grants, making it the third company in the U.S. technology industry in a week to give ..