| Jan 6, 2014
| 4:52 PM
Men's Wearhouse moved Monday to pin Jos. A. Bank Clothiers in a corner with a hostile $1.6 billion bid for its smaller rival.
With the offer of $57.50 cash for each of Hampstead-based Bank's outstanding shares, Men's Wearhouse is bypassing the retailer's...
| Jan 7, 2014
| 10:39 AM
A month after the merger of American Airlines and US Airways became official, the new carrier took steps Tuesday to give passengers access to the loyalty rewards programs and airport lounges for the two airlines.
Airline officials said the merger that...
| Jan 12, 2014
| 9:43 AM
Facing multimillion-dollar losses, the CredAbility credit-counseling agency pared its Orlando staff and laid off its top local executive last fall as part of a companywide downsizing. In early January, Atlanta-based CredAbility was absorbed in a merger...
| Dec 4, 2013
| 8:30 AM
Disney has pacted with Shanghai Media Group's BestTV digital subsidiary for a joint venture that will focus on technologies and platforms designed to expand the Mouse's products and content in mainland China.
Shanghai Media's BesTV New Media Co. will own...
| Dec 9, 2013
| 10:08 AM
Eleven months after American Airlines and US Airways announced plans to merge, the union that creates the world's largest airline became official Monday.
The parent companies of the two airlines, AMR Corp. and US Airways Group, have formally become...
| Dec 9, 2013
| 6:29 PM
A merger of the top two U.S. food distributors, Sysco and US Foods, could mean cutbacks at facilities in Severn and Jessup that employ hundreds of workers and sit fewer than 10 miles apart as a combined company consolidates operations across the United...
| Dec 9, 2013
| 7:56 PM
American Airlines officially emerged from bankruptcy, closing a blockbuster deal with US Airways to become the world's largest airline.
The parent companies of the two airlines, AMR Corp. and US Airways Group Inc., formally became American Airlines...
| Apr 29, 2014
| 7:58 PM
With protracted federal budget cuts at the Pentagon and NASA on the horizon, aerospace companies across the nation are choosing to combine forces as they vie for fewer dollars and brace for the tough times ahead.
In the first quarter of this year, there...
| Mar 10, 2014
| 2:30 PM
Sen. Al Franken (D-Minn.) again took to the airwaves to criticize the proposed merger of Comcast with Time Warner Cable, telling "CBS This Morning" on Monday that the combination will see customers paying more.
"I think consumers will end up paying more,...
| Mar 11, 2014
| 7:06 PM
Jos. A. Bank Clothiers finally liked the look of Men's Wearhouse's takeover offer as the Hampstead-based retailer accepted a $1.8 billion buyout Tuesday.
The deal would pay Bank's stockholders $65 a share cash, $10 more than Men's Wearhouse initially...
| Mar 15, 2014
They both sell suits to the American middle class, but in consumers' minds, Jos. A. Bank Clothiers and the Men's Wearhouse occupy distinctive niches.
Bank's image is classic, Men's Wearhouse is trendier. Though both are known for a promotional sales...