Hong Kong's securities watchdog has for the first time confirmed Hanergy is under investigation - hours after the troubled solar panel maker's chairman dismissed any such probe as “purely rumour”.
McDonald's will stop releasing its monthly sales reports, meaning investors will lose a key gauge of incremental progress in the burger giant's ongoing turnaround effort.
NEW YORK - Health care giant Johnson & Johnson has formally accepted a $2 billion offer to sell its Cordis heart devices unit to Cardinal Health.
(Adds details on shipping deals offered by competitors, research results, background). By Nandita Bose. May 28 (Reuters) - Amazon.
Abercrombie & Fitch Co., the teen-apparel company looking for a new chief executive officer, posted a wider first-quarter loss after currency fluctuations hampered attempts to turn around the business.