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Earnings Report

Nestle profit rise amid deal-making, eyes future of Herta

Nestle says net profit rose more than 40 percent last year, pointing to revived growth in its key Chinese and U.S. markets and laying out plans to slice off its Herta cold cuts businesses to focus more on plant-based foods and "high-growth" categories.

MGM CEO: Feds' Wire Act opinion is perplexing, unenforceable

The chairman and chief executive officer of casino operator MGM Resorts International on Wednesday decried a U.S. Department of Justice opinion that is threatening the viability of online gambling and also blamed the recent partial government shutdown for fewer Las Vegas visitors during the Chinese New Year.