Mergers and Acquisitions

France's PSA Group struck a deal with General Motors to buy the U.S. carmaker's loss-making Opel division, two sources with knowledge of the matter said.

France's PSA Group struck a deal with General Motors to buy the U.S. carmaker's loss-making Opel division, two sources with knowledge of the matter said.

Canada's Hudson's Bay Co, owner of the Lord & Taylor and Saks Fifth Avenue retail chains, has yet to line up equity financing for a bid for Macy's Inc, over a month after approaching its U.S. peer, people familiar with the matter said.

Canada's Hudson's Bay Co, owner of the Lord & Taylor and Saks Fifth Avenue retail chains, has yet to line up equity financing for a bid for Macy's Inc, over a month after approaching its U.S. peer, people familiar with the matter said.

PSA Group and General Motors hope to announce the French carmaker's acquisition of Opel within days after narrowing differences on pension liabilities at GM's European division and other issues, sources told Reuters on Thursday.

PSA Group and General Motors hope to announce the French carmaker's acquisition of Opel within days after narrowing differences on pension liabilities at GM's European division and other issues, sources told Reuters on Thursday.

Billionaire investor Carl Icahn is selling the former Trump Taj Mahal Casino Resort in Atlantic City, N.J., to focus on the Tropicana, another iconic property on the strip.

Billionaire investor Carl Icahn is selling the former Trump Taj Mahal Casino Resort in Atlantic City, N.J., to focus on the Tropicana, another iconic property on the strip.

The Federal Communications Commission's new chairman, Ajit Pai, said he doesn't expect the agency to have a role in reviewing AT&T Inc.'s $85 billion takeover of Time Warner Inc.

Time Warner Inc. agreed to sell its Atlanta television station to Meredith Corp. for $70 million, removing a significant factor that could have prompted the Federal Communications Commission to review Time Warner's $85 billion sale to AT&T Inc.

In the midst of a two-year sales slump, Macy’s executives vowed Tuesday to continue efforts to reverse the trend, as they double down on strategies aimed at growing the company’s e-commerce platforms and converting in-store browsing to in-store sales.

In the midst of a two-year sales slump, Macy’s executives vowed Tuesday to continue efforts to reverse the trend, as they double down on strategies aimed at growing the company’s e-commerce platforms and converting in-store browsing to in-store sales.

Restaurant Brands International Inc , owner of the Burger King and Tim Hortons fast-food chains, said on Tuesday it would acquire Popeyes Louisiana Kitchen for $1.8 billion in cash.

PSA Group says it will respect existing Opel and Vauxhall labor agreements if it buys the European arm of General Motors.

Verizon Communications Inc, the No. 1 U.S. wireless carrier, said on Tuesday it agreed to buy the core internet business of Yahoo Inc for $4.48 billion, about $350 million less than the original price.

Verizon Communications Inc, the No. 1 U.S. wireless carrier, said on Tuesday it agreed to buy the core internet business of Yahoo Inc for $4.48 billion, about $350 million less than the original price.

A key investor in Sprint may help clear the way for a deal with T-Mobile.

General Motors is discussing a possible sale of its European unit to French car maker Peugeot.

Kraft-Heinz, Unilever, Wal-Mart, Home Depot among stocks to watch U.S. equities looked set to pick up on their record run, with stock futures briefly tapping fresh highs in holiday-thinned Monday trading as investors prepared for key data and results from retailers this week.