“It now seems plausible that uncertainty could remain elevated for some time, with a greater drag on activity than we had previously projected,” Mark Carney, governor of the Bank of England, said on Thursday.
... MDLZ 5.91 % Mondelez International Inc. MDLZ 5.91 % made a roughly $23 billion bid for Hershey Co. HSY 16.83 % in an effort to create the world's largest candy maker at a time when both companies' sales are under pressure.
When Sports Authority Inc. said “everything must go,” it meant everything - including its customers' personal information.
BEIJING Growth in China's manufacturing sector stalled in June, an official survey showed on Friday, adding to expectations that Beijing will have to roll out more stimulus soon to boost the sluggish economy.
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.