Jet.com Inc. is already abandoning the main business model behind its new discount-shopping site, a surprising turnabout for what many viewed as the most promising challenge to Amazon.
Monsanto says it will eliminate 2,600 employees as part of a cost-saving plan as it reported a loss for the fourth quarter amid falling sales of its biotech seeds and herbicides.
The Federal Aviation Administration announced testing technology Wednesday to identify drones flying within 5 miles of an airport and tracking them back to their operators.
The Securities and Exchange Commission said on Wednesday that three funds managed by the Blackstone Group, the private equity giant, would pay about $39 million to settle a case over how the firm imposes its fees.
(Updates with Suncor comment). By Nia Williams. CALGARY Oct 7 (Reuters) - Canadian Oil Sands Ltd on Wednesday announced a new poison pill to try to thwart Suncor Energy Inc's hostile takeover bid, setting the stage for a drawn-out battle that could ...