Companies

UK Firms Aviva, Friends Life in $8.8B Merger Talks

LONDON—Britain’s Aviva says it is in talks to buy another insurer, Friends Life for over 5.6 billion pounds ($8.8 billion) in a deal that would...




  • Senate Commerce Committee member Sen. Bill Nelson (D-Fla.) displays the parts and function of a defective airbag made by Takata of Japan that has been linked to multiple deaths and injuries in cars driven in the US, Thursday, Nov. 20, 2014, during the committee's hearing on Capitol Hill in Washington, DC. (AP Photo/J. Scott Applewhite)

    Takata Chief Apologizes for Air Bag Problem

    WASHINGTON—The global quality chief of Takata Corp. apologized and an official from Honda acknowledged the automaker broke a disclosure law as a Senate committee put... Read more

  • Cups of coffee sit on a counter in a Tim Hortons in Oakville, Ontario. The price of coffee will go up Nov. 26 by 10 cents on average. (The Canadian Press/Chris Young)

    Pit Stops at Tim’s to Cost More

    TORONTO—Your morning stop at Tim Hortons is about to get a bit more expensive. The restaurant chain says it plans to raise prices for both... Read more

  • David Friedman, the acting administrator of the National Highway Traffic Safety Administration, testifies at the Senate Commerce, Science and Transportation Subcommittee on Consumer Protection, Product Safety and Insurance, on Capitol Hill in Washington on Sept. 16, 2014. A showdown is looming between US safety regulators and a Japanese company that makes air bags linked to multiple deaths and injuries. (AP Photo/Lauren Victoria Burke)

    Showdown Looms Between US Gov’t, Air Bag Maker

    DETROIT—A showdown is looming between U.S. safety regulators and a Japanese company that makes air bags linked to multiple deaths and injuries. Car companies and... Read more

  • A man watches a JetBlue airplane take off from John F. Kennedy International Airport in New York on June 2, 2010. JetBlue Airways Corp. on Wednesday, Nov. 19, 2014, said that it will create three ticket classes, and only the top two include at least one free checked bag. The company didn't say what the bag fee would be for the cheapest flights. (AP Photo/Seth Wenig)

    JetBlue to Add Bag Fees on Cheapest Tickets

    It will soon cost you money to check a bag on JetBlue if you buy the cheapest level of tickets. JetBlue Airways Corp. said Wednesday... Read more

  • Consolidated Edison Inc. CEO Kevin Burke at a newly hardened power station at East 13th Street, New York, on May 28. (NTD Television)

    Solar Energy Co. SunEdison Buying Wind Power Co.

    Solar energy company SunEdison is adding some wind-fueled power to its business with a deal worth up to $2.4 billion. The St. Peters, Missouri-based company... Read more

  • A 'Citi' sign is displayed outside Citigroup Center near Citibank headquarters in Manhattan on December 5, 2012 in New York City. (Mario Tama/Getty Images

    Can Muni Bonds Sustain Recent Gains?

    One of the least glamorous investments has been on a tear this year. Year-to-date returns on municipal bonds, or debts issued by state or local... Read more

  • FILE - In this April 15, 2009, file photo, an unidentified worker passes a truck owned by Halliburton at a remote site for natural-gas producer Williams in Rulison, Colo. Halliburton is buying rival oilfield services company Baker Hughes in a cash-and-stock deal worth $34.6 billion, according to reports, on Monday, Nov. 17, 2014. The deal comes shortly after talks had stalled and Halliburton prepared to go hostile with its takeover bid. (AP Photo/David Zalubowski, File)

    Halliburton Paying $34.6 Billion for Baker Hughes

    NEW YORK—In a deal that shows just how quickly falling prices can upend the energy industry, Halliburton is buying rival oilfield services company Baker Hughes... Read more

  • DreamWorks offices are shown in Redwood City, Calif., on July 26, 2010. Shares of DreamWorks Animation SKG Inc. are soaring in premarket trading, Thursday, Nov. 13, 2014, following a media report that toy company Hasbro is in discussions to buy the studio. (AP Photo/Paul Sakuma)

    Report: DreamWorks, Hasbro Talks Fade

    NEW YORK—A media report says that talks between Hasbro and DreamWorks Animation have faded and the toy company is unlikely to buy the animation studio... Read more

  • Mritunjaya Kumar (L), Moksha Shrivastav (C), and Pranay Shrivastav (R) the core team of Wheelstreet.in, India's first bike rental portal,
outside their office in Noida City on Nov. 2, 2014. (Venus Upadhayaya/Epoch Times)

    Tech Fueling Innovation Boom of Young Indians

    NEW DELHI—With education, a solid understanding of IT, and an unorganized market with tremendous possibilities, young Indians are churning ideas into successful businesses at a... Read more

  • This picture taken on April 16, 2014 shows the headquarters of Starbucks in Amsterdam. (Remko De Waal/AFP/Getty Images)

    Dutch Government Defends Starbucks Tax Deal

    AMSTERDAM—The Dutch government says it did nothing wrong when it struck a tax deal with Starbucks that the European Union Commission alleges is so favorable... Read more

  • Tianhe Chief Executive Wei Xuan shows journalists a sample of one of the specialty chemicals the company manufactures at its 800,000 square meter Jinzhou plant in China on Oct. 24, 2014. The pitch to investors described the company on the verge of spectacular success. Tianhe Chemicals Group Ltd. boasted rock-bottom labor costs, unique manufacturing techniques and net profit margins triple those of competitors. (AP Photo/Erika Kinetz)

    Morgan Stanley Pushes Murky Chinese Stocks to Market

    WASHINGTON—The pitch to investors described a company on the verge of spectacular success: a Chinese firm making sophisticated, high-end chemicals used to fight fires, stain-proof... Read more

  • Alison Sweeney supports bookstores amidst ongoing feud between her 'Scared Scriptless' publisher Hachette and Amazon at Barnes & Noble Union Square on June 5, 2014, in New York City. (Slaven Vlasic/Getty Images)

    Amazon, Hachette End Months-Long Dispute

    NEW YORK—One of publishing’s nastiest, most high-profile conflicts, the months-long standoff between Amazon.com and Hachette Book Group, is ending. Amazon and Hachette announced a multiyear... Read more

  • Duracell batteries in Richardson, Texas, on Nov. 13, 2014. Warren Buffett's Berkshire Hathaway Inc. is buying the Duracell battery business from Procter & Gamble Co. in a deal valued at approximately $3 billion. (AP Photo/LM Otero)

    Warren Buffett’s Berkshire Hathaway Buying Duracell From P&G in $3B Deal

    OMAHA, Neb.—Buying Duracell will provide a short-term charge for Warren Buffett’s company, but the battery maker could eventually wind up being a drain on Berkshire... Read more

  • Wheat. (Bluemoose/Wikimedia Commons)

    Monsanto to Pay Pacific Northwest Wheat Farmers

    ST. LOUIS—Monsanto Co. says it will pay $2.4 million to settle a dispute with farmers in the Pacific Northwest over genetically modified wheat. The discovery... Read more

  • An undated photo of Hangar One, stripped of its skin because of potentially hazardous substances. Google has pledged to renovate the historic structure as part of the lease agreement with NASA. (Courtesy of NASA)

    Google Leases NASA Airfield

    It was some time in the making, but Google made a bolt-on acquisition by leasing the 1,000-acre Moffett Airfield from NASA for 60 years and... Read more

  • Google DFP down

    Google Ad Server Down, Millions per Hour in Revenue Being Lost (Update)

    Update: Our team has worked quickly to fix the software bug. It’s now back up, so our publisher partners can return to funding their content... Read more


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