British American Tobacco Plc's plan to buy Reynolds American Inc. could herald a final wave of industry consolidation as rivals will need to link up to compete with the world's largest listed tobacco company.
McDonald's shares jumped more than 2 percent Friday after it reported third-quarter earnings that topped Wall Street estimates, fueled by global same-store sales growth.
California's unrelenting economy refused to slow in September, amassing another 30,000 new jobs even as more people seeking work opted into the labor market, according to state data released Friday.
Jim Beam ended a nearly weeklong strike at two bourbon distilleries in Kentucky on Friday, toasting a labor settlement that answers the workers' key demand with a commitment to hire more full-time staff.
The Wall Street Journal is making buyouts available to a “substantial number of employees” as the news company reviews its operations amid a continued slide in print advertising.