Chris Christie signs bill into law allowing direct sale of Tesla cars in New Jersey
Gov. Chris Christie has signed a measure that would allow the sale of Tesla and other zero-emission cars in New Jersey.
Economic development incentives go to companies heavier on political clout than new jobs
During Chris Christie's first term as governor, he made tax incentives a cornerstone of a promised "New Jersey Comeback" that would lure new businesses to the state.
Duke Energy settles lawsuit over post-merger ouster of its CEO in 2012 for $146 million
America's largest electric company is settling a lawsuit that claimed shareholders lost millions of dollars when Duke Energy surprised investors by ousting its CEO hours after completing a long-anticipated buyout of its smaller neighbor.
Democrats warn that Walker plan to merge economic agencies will create unaccountable entity
Republican Gov. Scott Walker's plan to merge Wisconsin's two major economic development agencies would create a new unaccountable entity, minority Democrats on the Legislature's budget committee said Wednesday.
FTC says it will block Sysco's $3.5B purchase of food supply competitor US Foods
Antitrust regulators are challenging the $3.5 billion sale of US Foods to Sysco, saying the deal would hurt customers by reducing competition between food supply companies.
Federal regulator says $480 million in private loans for Corinthian students will be forgiven
A federal regulator says Corinthian College students will be forgiven a total of $480 million in loans because the for-profit school used "bogus" job prospects to persuade them to pay tuition with expensive private loans.
Head of Bucksport mill buyers says he's skeptical of 3 firms that say they would keep it open
The head of a firm that intends to buy a shuttered Bucksport, Maine, paper mill says he will be skeptical about three companies interested in purchasing and reopening the facility until they offer prices.
Town shudders, anti-nuclear activists celebrate as Vermont Yankee plant shuts down
Reaction in the three-state region surrounding Vermont Yankee is mixed as the nuclear plant prepares to send its last electrons to the grid in the coming days.
Cigarette makers Reynolds American, Lorillard set January meetings to vote on $25B merger
Cigarette makers Reynolds American Inc. and Lorillard Inc. have scheduled special shareholder meetings to vote on their planned $25 billion merger.
IBM, Indiana agree to mediation in welfare contract dispute, pick mediator for Feb. 25 session
IBM Corp. and the state of Indiana are turning to mediation in hopes of settling their dispute over IBM's failed attempt to privatize Indiana's welfare services.
US banking giant backed, underwrote, promoted a Chinese company dogged by financial questions
The pitch to investors described a company on the verge of spectacular success: a Chinese firm making sophisticated, high-end chemicals used to fight fires, stain-proof fabrics and toughen touchscreens.
US brings antitrust lawsuit in NYC to block merger of 2 largest cinema advertising networks
The Justice Department is asking a federal court in New York to block the planned merger of the nation's only two large movie house advertising companies.
Avis Budget Group pays $210 million to acquire major licensee
The Avis Budget Group is acquiring a Budget Car Rental licensee for southern California and Las Vegas for approximately $210 million, plus the cost of its vehicle fleet.
Lorillard CEO to get $44M-plus after $25B takeover by rival cigarette maker Reynolds American
Regulatory filings show the CEO of Newport cigarette maker Lorillard Inc. is set to receive more than $44 million following the planned $25 billion merger with Reynolds American Inc.
Shire: AbbVie should proceed with $55 billion combination of the 2 drugmakers
The drugmaker Shire wants AbbVie to stick with its roughly $55 billion acquisition bid, and it is reminding its U.S. counterpart of the hefty breakup fee it will receive if things don't work out.
Companies adjust to latest rules aimed at curbing overseas deals that cut their US tax bills
New government rules aimed at curbing overseas deals that cut corporate taxes appear to be working, just not entirely the way regulators intended.
Ohio to high court: Using budget bill to privatize prisons no violation of single-subject rule
State lawyers tell the Ohio Supreme Court that using a budget bill to privatize state prisons didn't violate a constitutional provision holding bills to a single subject.
Conflicting laws, shady penny stocks, wild health claims cloud market; pot for your privates?
Legal or not, the business of selling weed in the U.S. is as wacky as ever.
Minnesota Senate hopeful defends firm's role in merger that led US company to Ireland
Years before Burger King sized up a Canadian headquarters in a hunt for lower taxes, Republican U.S. Senate candidate Mike McFadden's investment firm was involved in a merger that moved an American pharmaceutical company to Ireland and significantly dropped its tax rate.
Bruger King and Tim Hortons discussing combining companies with headquarters in Canada
Burger King is in talks to buy Tim Hortons and form a new publicly listed company that would be based in Canada.