Britain's vote to leave the European Union may cost it the world's second-largest telecom company. British industry giant Vodafone (VOD) says it's considering moving its headquarters out of the U.K.
Americans continued their spring spending spree last month after a slow winter even as the growth in their incomes slowed, signaling an improved economic expansion in the second quarter.
Canadian Imperial Bank of Commerce in Toronto has agreed to buy PrivateBancorp in Chicago for $3.8 billion, finally giving the Canadian bank a meaningful retail presence in the United States.
General Electric's GE +2.11% sprawling finance business was a huge moneymaker in the years before the 2008 financial crisis, but quickly became an albatross as frozen credit markets nearly brought the entire institution to its knees.
General Mills Inc. said sales slid in its latest quarter as domestic demand shrank, a strong dollar hurt international sales and the company shed its Green Giant vegetable business.