MoviePass to be jettisoned by parent company
The parent company of MoviePass says that it plans to spin off the discount movie ticket subscription service into a separate public company.
J&J makes $2.1B offer to buy out Japanese cosmetics firm
J&J already owns nearly 20 percent of the company.
As Trump rails, US allies take lead in changing trade rules
U.S. President Donald Trump wants to rip up the rulebook for global trade.
KKR's Calsonic buys Fiat Chrysler parts firm for $7.1B
The newly formed Magneti Marelli CK Holdings is likely to cut costs through synergies and expand its customer base as components makers try to keep up with a shift by carmakers into autonomous driving, connected cars and electric vehicles.
FCA sells auto parts unit to Japanese firm; $7 billion deal
Fiat Chrysler Automobiles has announced the sale of its auto components division to Japanese automotive component supplier Calsoni Kansei Corporation in a deal valued at 6.2 billion euros ($7 billion).
Starbucks selling stores, closing office in Europe
Starbucks is restructuring its European operations after several years of slowing sales.
Spain arrests 4, seizes 115 properties in Venezuelan probe
Spanish police have arrested a former Venezuelan official and an exiled opposition leader's relative and seized more than 115 properties in a money-laundering investigation into a ring that allegedly bought real estate in Spain with illicit funds from Venezuela.
Novartis boosts outlook, announces $2.1B Endocyte deal
The Swiss healthcare company is paying 24 dollars per share in cash for Endocyte.
Sears files for Chapter 11 amid plunging sales, massive debt
Sears has filed for Chapter 11 bankruptcy protection, buckling under its massive debt load and staggering losses.
Defense contractors Harris, L3 Technologies to merge
Defense contractors Harris Corp. and L3 Technologies are combining to form one of the world's largest defense companies.
Walmart buys online lingerie retailer Bare Necessities
Walmart says it's buying online lingerie retailer Bare Necessities, the latest acquisition in its niche-brand buying spree.
Apple buys part of supplier Dialog's business in $600M deal
The move expands the iPhone maker's chip operations in Europe.
Sears Holdings, DSW fall; Esterline, Imperva rise
Stocks that moved substantially or traded heavily Wednesday: Sears Holdings Corp., down 10 cents to 49 cents The Wall Street Journal reported that the struggling retailer was preparing a bankruptcy filing.
Louisiana hospice company buys New Jersey-based chain
A Louisiana-based home health and hospice company says it's buying a nationwide hospice company based in New Jersey, and will become the nation's third-largest hospice provider.
DOJ approves $69B CVS Health-Aetna merger, with conditions
The proposed $69 billion merger between CVS Health and Aetna is getting a greenlight from the Department of Justice, with some conditions.
CVS, Aetna $69B merger wins DOJ approval
The drug-insurer deal won conditional approval, potentially paving the way for lower consumer prices.
Trian considers a takeover of Papa John's: report
Nelson Peltz is the co-founder of Trian.
Global executives cooling on deals amid trade uncertainty
A leading adviser on international corporate deals says executives are cooling to the idea of mergers and acquisitions in the face of rising trade tensions.
GE firm buys 5-percent stake in Abu Dhabi's state driller
A subsidiary of General Electric Co. has agreed to purchase a 5-percent stake in the drilling arm of Abu Dhabi's state oil company for $550 million.
Company behind Jim Beam announces leadership transition
The executive who guided classic American whiskeys Jim Beam and Maker's Mark through the transition of being acquired by a Japanese company four years ago has announced he'll step down as CEO of spirits company Beam Suntory next spring.











