LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path toward healthier product
Navient alleges Josh Shapiro's lawsuit parrots a complaint filed in January 2017 by the federal Consumer Financial Protection Bureau that alleges Navient violated the Consumer Financial Protection Act, the Fair Debt Collection Practices Act and Regulation
LONDON/CAMBRIDGE, England (Reuters) - Britain ordered a fast-track inquiry into the role played by Carillion's directors in the failure of the construction and services group, as some of its thousands of small suppliers started to lay off workers on Tuesd
GM's core pickup truck business is a money machine, and it'll only get better with the launch of enhanced versions of the Chevrolet Silverado and GMC Sierra. Those higher truck profits will help fund GM's $1 billion-a-year-investment in self-driving cars
Larry Fink, CEO of $6T asset manager BlackRock, sent a letter to public company CEOs calling on them to take a leadership role in making a contribution to society. With a Wall Street powerhouse calling on companies to embrace purpose, here's where you can
General Motors said 2017 pretax profit last year ended up at the high end of its previous forecast, but disclosed it will take a $7 billion write-down on deferred-tax assets stemming from the sweeping tax-overhaul bill passed last month.
Ericsson said it is writing down $1.77 billion in assets, the latest in a series of charges at the Swedish telecoms-equipment maker as it retools itself to better compete with nimbler Chinese manufacturers.