DuPont Dampens Outlook After Cooler Spring
The diversified manufacturer blamed unseasonable weather in North America and Europe for affecting second-quarter revenue.
Danish retailers sign Bangladesh safety reform plan
PWT Group, a user of the clothing factory that collapsed in Bangladesh in April, and five other Danish firms, have agreed to sign an international accord on fire and safety in Bangladesh.
Brookfield to sell assets to Weyerhaeuser, KapStone for $3.68 billion
Brookfield Asset Management Inc on Sunday said it had agreed to sell all its Longview Timber holdings to Weyerhaeuser Co for $2.
Weyerhaeuser names CEO, buys parcel, mulls homebuilding strategy
Weyerhaeuser Co said its board had elected Doyle Simons president and chief executive officer, effective August 1, and announced plans to spend $2.
Brookfield to sell assets to Weyerhaeuser, KapStone for $3.68 billion
Brookfield Asset Management Inc on Sunday said it had agreed to sell all its Longview Timber holdings to Weyerhaeuser Co for $2.
US urges garment buyers to stay engaged with Bangladesh
International garment buyers, particularly those in the United States, have a crucial role to play in ensuring the safety of Bangladesh's garment workers, a senior government official said on Monday.
Thermo Fisher sued over sale of Mexico plant used by drug cartel
Opengate Capital Group LLC filed a lawsuit on Friday alleging that laboratory equipment maker Thermo Fisher Scientific Inc sold it a Mexican plant last year without revealing that a drug cartel was operating there.
Warren Buffett says son Howard qualified to be nonexecutive chairman
Warren Buffett's son, Howard, will take over as Berkshire Hathaway Inc's nonexecutive chairman someday in order to ensure that Berkshire has the right chief executive in place, the elder Buffett said on Saturday.
WSJ: P&G to Regroup Products into 4 Sectors
The company is reportedly working to regroup its products and brands into four sectors, each led by a president reporting to the chief executive.
Daimler recalls over 6,000 new Mercedes A-Class hatchbacks
Daimler is recalling more than 6,000 of its new Mercedes-Benz A-Class hatchbacks because of problems with the passenger airbag.
Dole Indefinitely Suspends Buyback, Invests in Container Ships
Dole indefinitely suspended a previously announced $200 million share buyback program as it looks to stem losses from its strawberry business.
Gap first-quarter profit rises 43 percent
Gap Inc reported a higher first-quarter profit on Thursday, helped by a rise in same-store sales at its Old Navy and namesake chains, and growth in Asia.
Merck Signs $5B Share Buyback Agreement with Goldman Sachs
The drug giant is looking to prop up shareholder value in face of stiff competition from makers of less-costly generics.
Exclusive: Glencore's top aluminum exec to leave, first exit since takeover-sources
Glencore Xstrata's head of aluminum, Gary Fegel, is set to leave the company, three sources said, the first high-profile departure since commodity trading giant Glencore closed its purchase of miner Xstrata this month.
Gap willing to sign Bangladesh safety accord, if tweaked
Gap Inc's chairman and CEO said on Tuesday the U.S. retailer was ready to sign a global accord designed to prevent another deadly disaster in Bangladesh's garment industry, provided there were some "very minor accommodations.
On fleeting Hong Kong trips, Chinese make frugal fashionable
Armed with empty suitcases and same-day return tickets, an army of mainland Chinese is descending on suburban outlet shopping malls and international fashion chains in Hong Kong, turning cheap into the new chic as luxury falls out of favor.
Tesco clothing brand plans international expansion
The clothing brand sold by Britain's biggest retailer Tesco said on Sunday it planned to open more than 50 new franchise stores worldwide over the next five years.
Glencore Xstrata says considering a Swiss share listing
ZUG, Switzerland (Reuters) - Miner and trader Glencore Xstrata said on Thursday it was considering listing on the Swiss stock exchange, in addition to its existing listings in London and Hong Kong.
Airbus picked by Kuwait Airways as best bid: minister
Kuwait's state-owned Kuwait Airways has picked Airbus to provide new jets because their bid was the best value for money, the country's transport minister was quoted as saying.
U.S. retail group criticizes Bangladesh safety accord
A major U.S. retail trade group on Wednesday spoke out against a Bangladesh fire and building safety accord agreed to by mostly European companies, saying that signing on would expose American companies to a legally questionable binding arbitration provision.
