Daniel Loeb, CEO, Third Point LLC, participates in the 2010 Milken Institute Global Conference in Beverly Hills, California. Photo: Reuters.
DETROIT - Tesla Motors is acquiring a Grand Rapids-based auto supplier, giving the Silicon Valley technology company a physical presence in Michigan, the Free Press has learned.
Whole Foods is gearing up to open a new, lower-cost chain of stores next year aimed at younger shoppers. The new chain will cost less to operate, but be "hip, cool, and technology-oriented," CEO John Mackey said on a conference call.
In this May 6, 2015 photo, a tourist from China's Inner Mongolia Province takes a photo of a statue of a bull in Beijing. After months of cheerleading for rising prices, China's leaders are trying to tap the brakes on a stock market boom that could run out of control ...
Alexion Pharmaceuticals is putting its high-flying stock to good use. The drugmaker's $8.4 billion offer for its rival Synageva BioPharma includes an astonishing 136 percent premium.