The pound fell sharply Thursday, snapping a two-day rebound, after Bank of England Governor Mark Carney signaled that the U.K. central bank could cut interest rates this summer.
Mondelez International Inc. MDLZ 5.91 % has made a roughly $23 billion bid for chocolate giant Hershey Co. HSY 16.83 % in what would be a blockbuster deal uniting two of the world's best-known candy makers.
When Sports Authority Inc. said “everything must go,” it meant everything - including its customers' personal information.
After much admiration and anticipation, the world's largest uncut diamond failed to sell at a public auction Wednesday night. The 1,109 carat white diamond did not meet the reserve price, or minimum acceptable bid, which was not specified by Sotheby's ...
A half century since he co-founded the company that would become one of the world's most famous brands, Phil Knight has retired as chairman of Nike's board.