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Wednesday, May 11, 2016 at 10:18 PM EDT

Nissan & Mitsubishi in Talks on Partnership

Nissan & Mitsubishi in Talks on Partnership

Scandal-plagued Mitsubishi Motors Corp. may have a suitor, Nissan Motor Co., headed by auto-industry turnaround guru Carlos Ghosn. Both companies acknowledged Thursday they were in talks on various issues...

Monday, May 9, 2016 at 02:52 PM EDT

Krispy Kreme Being Taken Private in $1.35B Deal

Krispy Kreme Being Taken Private in $1.35B Deal

Krispy Kreme is being taken private by JAB Beech in a deal worth approximately $1.35 billion. The doughnut company's stock soared more than 23 percent in Monday premarket trading. Krispy Kreme has more...

Sunday, May 8, 2016 at 06:56 PM EDT

Gas Prices Jump by 9 Cents Over Past 2 Weeks

Gas Prices Jump by 9 Cents Over Past 2 Weeks

The average price of gasoline has jumped by 9 cents over the past two weeks to $2.27 a gallon for regular grade. Industry analyst Trilby Lundberg said Sunday that the hike is mostly due to crude oil prices...

Thursday, May 5, 2016 at 06:14 PM EDT

Proposed Rule May Allow Class-Action Suits Against Banks

Proposed Rule May Allow Class-Action Suits Against Banks

A rule proposed Thursday by the Consumer Financial Protection Bureau may ban mandatory arbitration clauses that prevent consumers from filing class-action lawsuits against their banks and credit card companies...

Wednesday, May 4, 2016 at 12:17 PM EDT

Hulu Will Offer Live-Streaming Service in 2017

Hulu Will Offer Live-Streaming Service in 2017

Hulu will offer a live-streaming service in 2017 that will provide a mix of cable and broadcast programming as well as news, sports and events. That pits the streaming service against similar offerings...

Wednesday, May 4, 2016 at 11:16 AM EDT

Aéropostale Files for Bankruptcy Protection

Aéropostale Files for Bankruptcy Protection

Aéropostale, once the vibrant epicenter of the U.S. mall scene, is seeking Chapter 11 bankruptcy protection. The New York company said Wednesday that it is closing 113 of its 739 U.S.

Monday, May 2, 2016 at 05:26 PM EDT

Sports Authority to Auction Assets on May 16

Sports Authority to Auction Assets on May 16

National retail chain Sports Authority's future looks pretty bleak. The company announced in early March that it planned to close 140 of its 463 stores and filed for Chapter 11 bankruptcy protection in...

Monday, May 2, 2016 at 07:08 AM EDT

Australian Claims He's Founder of Bitcoin Digital Cash

Australian Claims He's Founder of Bitcoin Digital Cash

An Australian man long thought to be associated with the digital currency Bitcoin has publicly identified himself as its creator. BBC News said Monday that Craig Wright told the media outlet he is the...

Friday, Apr 29, 2016 at 08:42 AM EDT

Rovi Buying TiVo in $1.1.B Cash-and-Stock Deal

Rovi Buying TiVo in $1.1.B Cash-and-Stock Deal

Rovi Corp. said Friday that it will pay $10.70 in cash and stock for each TiVo Inc. share. Rovi will pay $2.75 per share in cash, or about $277 million. The rest, $7.95 per share, will be paid in stock. Once...

Thursday, Apr 28, 2016 at 08:09 PM EDT

Prime Help Boost Amazon's Profits

Prime Help Boost Amazon's Profits

Prime shoppers helped drive Amazon's surprise profit surge in the first quarter. Shares of the e-commerce giant jumped in after-hours trading Thursday after it reported a 28 percent jump in revenue, to...

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