SUPER DEAL: CERBERUS TO BUY SAFEWAY FOR $9 BILLION | In one of the largest leveraged buyouts since the financial crisis, a group led by the private equity firm Cerberus Capital Management agreed on Thursday to acquire Safeway in a deal worth ...
Staples Inc., the largest U.S. office supply retail chain, has announced plans to close 225 stores amid growing competition from online retailers.
Chinese authorities allowed the country's first corporate bond default on Friday, inflicting losses on small investors in a painful step toward making its financial system more market-oriented.
WASHINGTON (AP) - In advance of the February jobs report being released Friday, the U.S. economy has been skating on an icy patch.
A federal judge on Thursday struck down a fine imposed by the FAA against drone operators, saying there is no law preventing commercial use of small unmanned aerial vehicles.