| Jul 7, 2014
| 11:18 AM
Agribusiness giant Archer Daniels Midland, which will soon be based in Chicago, said Monday it will buy Swiss-German natural ingredient company Wild Flavors for $3 billion, a move aimed at diversifying the company and helping brands appeal to consumers...
| Jun 29, 2014
Walgreen Co. is at a crossroads, but it may not be "at the corner of happy and healthy" as its advertising slogan suggests.
The nation's largest drugstore chain is considering a move that would allow it to significantly cut its tax bill and increase...
| Apr 21, 2014
| 2:51 PM
Higher prices are the new black for Netflix.
The Los Gatos, Calif., streaming video company plans to raise prices for new customers by $1 or $2 a month this quarter, the company said Monday in its quarterly earnings release. Existing customers will...
| Feb 25, 2014
| 3:38 AM
Office Depot's new chief executive Roland Smith said Tuesday that he expects annual cost savings from the company's merger with rival OfficeMax to be more than $600 million by the end of 2016.
Previous executives had estimated between $400 million and...
| Apr 22, 2014
| 1:01 PM
Netflix has emerged as one of the biggest foes of Comcast's proposed merger with Time Warner Cable.
Despite a recent agreement in which the digital programmer agreed to pay the cable and broadband giant for a direct connection to its 20 million high-...
| Feb 13, 2014
| 10:08 AM
How will Chicago area consumers be affect by the Comcast/Time Warner deal?
The companies are claiming that U.S. consumers will benefit from “technological innovations,” eventually, including better video and faster broadband speeds. ...
| Jul 23, 2014
| 5:30 AM
Cable giant Comcast Corp.'s second-quarter profit increased 15% as more customers signed up for its high-speed Internet service.
The Philadelphia company added 203,000 high-speed subscribers during the April-June quarter, more than making up for...
| Jul 13, 2014
| 10:05 PM
Los Angeles construction giant Aecom Technology Corp. — which has worked on downtown L.A. high-rises, World Cup stadiums and New York's new World Trade Center — will buy its San Francisco rival, URS Corp., in a $6-billion deal.
| Jul 16, 2014
| 11:49 AM
AbbVie Inc. appears to be on the verge of a $53.7 billion takeover that would change its corporate address to the United Kingdom. Abbott Laboratories agreed Monday to sell part of its generic drug business for $5.3 billion, structuring the sale in a way...
| Jul 16, 2014
| 6:16 AM
Media mogul Rupert Murdoch's 21st Century Fox recently approached Time Warner about merging the two companies in a deal valued at $80 billion, but the offer was rebuffed.
In a statement, 21st Century Fox said it made a formal offer to Time Warner,...
| Jul 16, 2014
| 10:15 AM
Shares of Time Warner Inc. surged Wednesday after Rupert Murdoch's 21st Century Fox said it had tried to buy the company in a deal valued at $80 billion.
Time Warner's board rejected the overture, but the offer drove Time Warner stock up 16% to $82.53...