Hostile Bid for Gannett Rattles Some in the Newspaper Business

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Hostile Bid for Gannett Rattles Some in the Newspaper Business

The hostile takeover bid for USA Today parent Gannett Co. GCI 21.23% by MNG Enterprises Inc., a newspaper group backed by a hedge fund, stoked fears that an industry already reeling from years of cutbacks could be in for even more severe cost-cutting …
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PG&E to file for bankruptcy as wildfire costs hit $30 billion. Its stock plunges 52%

PG&E Corp. said Monday it plans to seek bankruptcy protection because it faces potential liabilities of $30 billion or more from the deadly California wildfires, a move that halved its already battered stock price and prompted its chief executive to …
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China signals more stimulus as economic slowdown deepens

BEIJING (Reuters) – China will aim to achieve “a good start” in the first quarter for the economy, the state planner said on Tuesday, signalling authorities could roll out more stimulus measures in the near term to counter slowing growth.
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Gillette knew that its new #MeToo ad would prompt backlash. Here's why the company still went ahead with it.

Shaving giant Gillette knew that its new ad addressing the #MeToo movement would be divisive. But the brand still went ahead with it in order to continue to appeal to future generations of customers.
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Ford, VW promise more details on auto giants' alliance

Ford and Germany's Volkswagen on Tuesday morning will disclose some details of their planned alliance, top officials with both companies said Monday at the Detroit auto show.
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