United States

Owners of McDonald's aren't happy with headquarters as promotions pick up and remodeling costs rise

McDonald's franchisees say they felt pressured to adopt the brand's new initiatives or face the wrath of the company.

Business

125,000 Disney employees to receive $1,000 cash bonus, company launches $50 million education program

Disney announced Tuesday it will pay over 125,000 employees a one-time cash bonus of $1,000.

Finance

Johnson & Johnson's guidance impresses before 'disappointing'

Johnson & Johnson shares slipped Tuesday after the company clarified its forecast for the year.

Technology

'Moral compass' at Uber under co-founder Travis Kalanick was off, says new CEO Dara Khosrowshahi

Dara Khosrowshahi took his predecessor, co-founder Travis Kalanick, at task for leading the ride-hailing company astray.

World

Uber CEO says leaks were 'painful' but ultimately 'incredibly positive'

Uber's CEO says the scandals that have plagued the company will help to ensure it does the "right thing."

World

Marc Benioff launches tirade against the leadership style of Silicon Valley

Marc Benioff uses Uber as an example of where trust was lost to growth as a company priority.

World

Facebook engineer invents new unit of time, but loses his job before it gets approved

A Facebook engineer invented a new unit of time but left the company after it shuttered his VR production unit.

United States

Bacardi is buying Patron in deal that values the tequila company at $5.1 billion

Bacardi Limited will acquire the maker of Patron tequila, the spirits company announced Monday.

United States

Netflix to report earnings after the bell

Monday's earnings report amid challenges for the company.

Europe

Sanofi digs deep to buy US hemophilia specialist Bioverativ for $11.6 billion

The French drugmaker is nearing a deal to acquire biotechnology company Bioverativ for $105 a share.

World

Sanofi is close to a $11.4 billion deal for Bioverativ: source

The French drugmaker is nearing a deal to acquire biotechnology company Bioverativ for $105 a share.

Technology

Netflix could see a huge move on earnings next week

Netflix has been on a tear this year, and traders are expecting a big move when the company reports earnings Monday.

World

Jan Koum got the idea for $19 billion WhatsApp after missing too many iPhone calls at the gym

WhatsApp CEO Jan Koum says he co-founded the company in 2009 so he wouldn't miss calls on his iPhone while at the gym.

Technology

Square shares pop after analyst says it's similar to 'Amazon or Google in their early days'

Payment company Square is "analogous to Amazon or Google in their early days," according to one bank.

World

Snap laid off two dozen employees and half of them were from its content team

Snapchat laid off two dozen workers in New York and London. Half of them worked on content as the company consolidated those operations in Los Angeles

United States

Hospitals eye making generics for 20 drugs that they say are overpriced or in short supply

A consortium representing more than 450 hospitals plan to create their own generic drug company.

Finance

AmEx dips after company says it will temporarily suspend buybacks due to tax law

American Express reports quarterly earnings that topped Wall Street expectations.

United States

Uber's Kalanick ignored warnings from execs about buying self-driving truck start-up Otto, says report

Former Uber CEO Travis Kalanick ignored warnings from other execs about self-driving truck company Otto and ex-CEO Anthony Levandowski.

Technology

Washington, DC, and Austin are shaping up as strong contenders for Amazon's new headquarters

CNBC ranked cities based on key criteria the company cited in its pitch for incentives.

United States

Steve Wozniak is still on Apple's payroll four decades after co-founding the company

Apple co-founder Wozniak told an audience in Silicon Valley that he's still a company employee after four decades.

United States

Shari Redstone reportedly explores adding new CBS directors in push to merge with Viacom

Shari Redstone has discussed adding new directors to the CBS board as she renews her push to merge the company with Viacom.

World

Johnson & Johnson trying to sell its diabetes care business to Chinese buyers for up to $4 billion

Chinese bidders are circling a diabetes care business owned by the world’s largest healthcare company, Johnson & Johnson.

United States

Facebook Messenger head says the app is 'cluttered,' and a new design is coming

Facebook Messenger head David Marcus says the company will streamline the app after it became too cluttered.

United States

Qualcomm says it will deliver 'substantial value' this year, and urges rejection of Broadcom bid

The company issued strong yearly guidance citing efforts to close Apple litigation and an NXP acquisition.

Technology

GE breakup is likely and could come as soon as this spring: Sources

General Electric CEO says he is looking on how to 'reshape' the company on an investor call Tuesday.

World

Amazon to pop 23% this year to near $800 billion value on new advertising venture, analyst says

BMO Capital Markets raises its price target on Amazon to $1,600, the highest call on the company of any brokerage.

United States

Panama Hotel votes to drop Trump — but his company won’t go

An attempt to oust President Trump's hotel business from managing a luxury hotel in Panama has turned bitter, with accusations of financial misconduct.

World

This grocery store group is offering customers a digital divorce for a few hundred dollars

British company the Co-operative Group is aiming to make it easy for couples to split up, by offering a digital divorce

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