| Aug 15, 2014
| 12:09 PM
NEW YORK CITY— Kevin Liles is riding high. On a bright August afternoon, the Baltimore-born entertainment mogul is ensconced 35 stories above midtown Manhattan, enjoying lunch at one of the city's most exclusive hotels, the Mandarin Oriental....
| Aug 7, 2014
| 5:44 PM
Lululemon Athletica founder Chip Wilson is selling 50% of his stake in the yoga wear company to a private equity firm for a hefty $845 million.
The deal will give Advent International control of nearly 14% of outstanding shares in Lululemon, the...
| Aug 11, 2014
| 5:52 PM
SMITHFIELD — Despite posting a $3.8 billion profit last quarter, Smithfield Foods Inc. officials say a deadly pig virus is prompting them to pump the breaks on new global expansion.
"Notwithstanding a bullish hog production outlook, PED (virus)...
| Jul 30, 2014
| 9:59 AM
The U.S. economy’s better-than-expected expansion in the second quarter fueled optimism that growth was back on an upward trajectory, allaying fears that the recovery might have been derailed during a sharp winter slowdown.
| Jul 30, 2014
| 3:00 AM
Metro Chicago lags behind many counterparts nationwide in the recovery of its manufacturing sector as well as the exports it fuels, a serious deficit as the city reaches for a bigger share of global economic activity.
While the 14-county tri-state...
| Jul 30, 2014
| 9:29 AM
CME Group Inc, the world's largest futures exchange operator, will buy derivatives broker GFI Group Inc to expand its reach in the European energy and global foreign exchange markets, CME said on Wednesday. CME, owner of the Chicago Board of Trade and...
| Aug 5, 2014
| 6:04 PM
The former president of ESPN has joined Under Armour's board of directors, the Baltimore-based sports apparel company said Tuesday.
George W. Bodenheimer served as ESPN's longest tenured president from 1998 to 2012, leading the sports network to...
| May 6, 2014
Fiat Chrysler Automobiles is having its Investor Day gathering, where the automaker actually divulges future product plans, at the company's North American headquarters in Auburn Hills, Mich. Past events have proven to be extremely accurate. The first...
| Jan 3, 2014
| 11:44 AM
General Mills announced Thursday that it will no longer use genetically modified ingredients (GMOs) in its Cheerios breakfast cereal, and says the cereal will taste the same.
The company says the cereal formula has not changed, only the way its...
| May 9, 2013
| 12:00 PM
China's consumer auto buying, once largely confined to more affluent coastal areas, has begun to spread to inland areas, helping boost April sales in the world's largest market by 13%, experts said.
Chinese consumers bought 1.4 million cars in April,...
| Jun 10, 2013
| 12:25 PM
Business research and analytics giant IHS Inc. said Monday it has signed an agreement to acquire automotive information and marketing firm R.L. Polk & Co. for $1.4 billion.
Polk is the 15th acquisition that rapidly expanding IHS, based in Colorado,...