The announcement that PSA Groupe and Fiat Chrysler Automobiles (FCA) plan to merge sparked euphoria among investors, but in the cold light of dawn some ugly realities began to emerge suggesting the deal might yet stumble and die. Among them are …
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Nestlé, the maker of cereals, coffee, ice cream and delicious treats, announced some not-to-sweet news: The company is recalling some of its signature ready-to-bake Toll House Cookie Dough products “due to the potential presence of food-grade rubber …
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On Wednesday, Molson Coors (NYSE: TAP) CEO Gavin Hattersley announced a comprehensive turnaround effort that will include the consolidation of four global business units into two, the closing of a Denver office, hundreds of layoffs, several key …
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… * U.S. job growth slows less than expected in October. * China’s factory activity expands at fastest pace in over 2 years. * Gold set for weekly gain. * Palladium eyes 4th weekly rise, platinum hits over 1-month high (Updates prices, adds analyst comment).
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Rumors broke on Monday that Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary Google had formally made an offer to acquire Fitbit (NYSE: FIT), following reports from last month that the wearable tech company was looking to sell itself amid its …
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