Herbalife Ltd (HLF.N), which has been accused by billionaire investor William Ackman of being a fraud, said it was in advanced talks with the U.S.
After wandering higher for the past two weeks, mortgage rates reversed course, pulling back to near yearly lows. The retreat began last week after the Federal Reserve met and expressed concerns about the economy.
Discovery Communications, the company behind such cable networks as Discovery Channel, TLC and OWN, on Thursday reported better-than-expected first-quarter earnings that were helped by stronger U.S.
Two miles apart in Palo Alto, workers from Ford Motor Co. and General Motors Co. are hustling to establish a role for their companies in a future where consumers don't own cars and the vehicles steer themselves.
Two new transactions between automakers and digital-tech specialists illustrate one of the biggest questions facing the domestic auto industry, and the industrial Midwest, as the era of “mobility” begins to supersede the era of just making vehicles.