| Sep 30, 2014
| 11:29 AM
EBay plans to spin off its PayPal unit next year, bowing to activist investor Carl Icahn's argument that the move would free the fast-growing payments business to compete more fiercely in the competitive mobile payments market.
The move, announced on...
| Sep 29, 2014
| 1:49 PM
Shares of McDonald’s Corp. jumped as much as 2.7 percent on Monday afternoon, the biggest percentage gain in months for the world’s largest restaurant company, amid social media speculation that a major investor might be eating up the shares....
| Aug 21, 2014
| 9:47 AM
MIAMI - La compañía de comercio online eBay está considerando desprenderse de su unidad PayPal tan pronto como el próximo año, informó la web de noticias The Information citando fuentes.
Las acciones de eBay subían un 5 por ciento en el Nasdaq a 56,08...
| Jul 15, 2014
| 6:39 AM
ATLANTIC CITY N.J. — Notices of job losses went out on Monday for roughly 1,000 employees of Atlantic City's Trump Plaza Hotel and Casino in anticipation of a Sept. 16 closure, the company said in a statement.
The pink slips came as the company...
| Jul 22, 2014
| 6:00 AM
It would be unfair to say that Apple has got its mojo back this summer, since I'm sure the company and many of its fans would say it never lost it. But as the tech giant prepares to release third quarter earnings Tuesday, it's certainly riding some...
| Jul 3, 2014
| 4:32 PM
Having been in academia for more than 30 years and having been through the process with my own daughters, I understand that many parents and students face daunting decisions regarding college. Where to go? What major to choose?
For many — in fact,...
| Jul 10, 2014
The investment arm of Chicago's billionaire Crown family has thrown its weight behind a New York-based activist hedge fund in its calls for retailer PetSmart to sell itself, a rare public rebuke of a company the family invests in.
In a Monday letter...
| Sep 9, 2014
| 7:13 AM
Sept 9 (Reuters) - Trump Entertainment Resorts Inc , which operates two casinos in Atlantic City, joined the list of casino operators in New Jersey that have filed for bankruptcy.
The company, which Donald Trump founded but no longer controls, operates...
| Aug 18, 2014
| 7:56 AM
Dollar General Corp offered to buy Family Dollar Stores Inc for $8.95 billion, trumping Dollar Tree Inc's $8.5 billion bid, to strengthen its position as the No. 1 discount retailer in a highly-competitive U.S. market.
Family Dollar's shares rose 4.5...
| Aug 18, 2014
| 7:00 PM
Dollar General Corp. trumped a rival's bid for Family Dollar Stores Inc., offering $8.9 billion in cash for the discount retailer as industry leaders scramble to gain an edge in attracting customers who are still struggling financially.
The offer Monday...
| Jul 28, 2014
| 4:23 PM
An $8.5 billion merger creating North America's biggest dollar store chain could mean increased competition for mass discounters such as Wal-Mart Stores Inc. but less choice for shoppers.
In the Baltimore area and elsewhere, retail experts said, Dollar...