Burger King and Papa John's have joined the growing list of fast food chains caught up in China's latest food scare. On Monday, local regulators suspended the operations of Shanghai Husi Food, a subsidiary of Illinois-based OSI Group, and ordered all its ...
DuPont Co. (DD:US), the U.S. chemicals producer under pressure from activist investor Nelson Peltz to accelerate earnings growth, forecast higher third-quarter profit across most of its business units.
Netflix Inc (NFLX: Quote) on Monday reported an increase in second-quarter profit as the online video service provider added more subscribers despite a notable price hike.
Emerging-market stocks climbed to a 17-month high as Chinese shares rose amid bets the government will do more to bolster growth. Russian equities rebounded and Saudi Arabia jumped on plans to open the market to foreign investors.
The CIT Group, the lender to small and midsize businesses run by John A. Thain, said on Tuesday that it had agreed to acquire the parent company of OneWest Bank for $3.4 billion in cash and stock, DealBook's Michael J. de la Merced writes.