Companies

Is Burger King Really Buying Hortons Just to Avoid Taxes?

In this file photo, A customer walks into a Burger King restaurant on August 24, 2010 in Chicago, Illinois. (Scott Olson/Getty Images)
In this file photo, A customer walks into a Burger King restaurant on August 24, 2010 in Chicago, Illinois. (Scott Olson/Getty Images)

On Sunday, the rumors first emerged. On Monday the companies confirmed negotiations. On Tuesday the deal was sealed. We are living in a fast-moving world...




  • A person walks past a Tim Horton's cafe in Manhattan on Monday. (Spencer Platt/Getty Images)

    Burger King Wants to Buy Tim Hortons of Canada

    MIAMI—Burger King is in talks to buy doughnut chain Tim Hortons and create a new holding company headquartered in Canada, a move that could shave... Read more

  • Winemaker Tom Montgomery stands in spilled wine at the B.R. Cohn Winery barrel storage facility in Napa, Calif., on Aug. 24, 2014, following an magnitude-6.0 earthquake struck the area. (AP Photo/Eric Risberg)

    Earthquake Spills Napa Valley Wines

    Winemakers in California’s renowned Napa Valley have spent the past two days cleaning up thousands of broken bottles and assessing the damage from Sunday magnitude-6.0... Read more

  • In a Saturday, Dec. 22, 2012 file photo, a customer purchases a meal at a Burger King restaurant in Marseille-Provence airport, in Marignane, France. (AP Photo/Claude Paris, File)

    Hard To Swallow? Burger King in Talks to Buy Tim Hortons, Move to Canada

    NEW YORK— Some Burger King customers are finding it hard to swallow that the home of the Whopper could move to Canada. Investors seemed to... Read more

  • FILE - In a Saturday, Dec. 22, 2012 file photo, a customer purchases a meal at a Burger King restaurant in Marseille-Provence airport, in Marignane, France. Burger King is in talks to buy Tim Hortons in hopes of creating a new, publicly traded company with its headquarters in Canada. (AP Photo/Claude Paris, File)

    Burger King Wants to Buy Tim Hortons to Dodge Taxes

    MIAMI—Burger King is in talks to buy doughnut chain Tim Hortons and create a new holding company headquartered in Canada, a move that could shave... Read more

  • This undated image shows Tesla Motors charging stations neat Truckee, Calif. Tesla Motors is building a supercharger station in the Sierra north of Lake Tahoe where drivers of their electric cars can recharge along U.S. Interstate 80 between Sacramento and Reno, Nevada. Tesla officials announced plans earlier to build a station near Truckee about 30 miles southwest of Reno, but haven't confirmed an exact location or opening date. (AP Photo/Sierra Sun, Margaret Moran)

    Tesla Building Supercharger Station at US Interstate 80

    TRUCKEE, Calif.—Tesla Motors Inc. is building a supercharger station in the Sierra Nevada north of Lake Tahoe where drivers of the company’s electric cars can... Read more

  • Effective strategies businesses can harness on social media channels

    The internet online commerce infrastructure continues to be a viable resource for entrepreneurs, businesses, retailers and other related industries. The arrival of social media networking... Read more

  • A single cup gourmet brewer by Keurig—Kraft and Keurig signed a deal to let Keurig make single-serve packets of Kraft coffee brands. (Vince Bucci/Getty Images)

    Keurig to Make Single-Serve Kraft Brand Coffee Packs

    NEW YORK—Keurig Green Mountain says it struck a deal to make Kraft’s branded coffees, such as Maxwell House and Gevalia, for its single-serve brewing systems... Read more

  • This Tuesday, Aug. 19, 2014 photo shows the Family Dollar store in Ridgeland, Miss. Family Dollar Stores Inc. Chairman and CEO Howard Levine said in a statement Thursday, Aug. 21, 2014, that its board and advisers reviewed Dollar General Corp.’s offer and determined it wasn’t reasonably likely to be completed on the terms proposed. (AP Photo/Rogelio V. Solis)

    Family Dollar Rejects Dollar General Offer

      Family Dollar has rejected a takeover bid from dollar-store competitor Dollar General, saying it would be too hard for the deal to pass antitrust... Read more

  • This undated photo provided by Honda shows the 2015 Honda Fit. Honda is recalling 12,000 Fit subcompacts to replace the steel front bumper beams so the cars are more crash-resistant. (AP Photo/Honda)

    Honda Bolsters Fit to Boost Crash Resistance

    DETROIT—When the subcompact Fit failed a crash test, Honda went back to the drawing board. The tiny Fit, redesigned for the 2015 model year, initially... Read more

  • FILE - This Tuesday, Jan. 14, 2014 file photo shows a Bank of America sign in Philadelphia. Officials familiar with the deal say Bank of America on Wednesday, Aug. 20, 2014 has reached a record $17 billion settlement with federal and state authorities over its role in the sale of mortgage-backed securities in the run-up to the 2008 financial crisis. (AP Photo/Matt Rourke, File)

    Justice Dept, Bank of America Reach $17 Billion Settlement

    WASHINGTON—The government has reached a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to... Read more

  • Family Dollar rejected Dollar General offer of $8.95 billion, sticking with Dollar Tree’s bid of $8.5 billion. (AP Photo/Kinston Free Press, Janet S. Carter)

    Family Dollar Turns Down Dollar General’s $8.95 Billion Offer

    MATTHEWS, N.C.—Family Dollar is rebuffing Dollar General’s takeover bid, citing antitrust issues. The discounter’s board remains supportive of its existing deal with Dollar Tree. Family... Read more

  • The Bank of America Corp. logo is displayed on the window of a branch in New York, U.S., on Wednesday, July 18, 2012. Bank of America Corp., the second- biggest U.S. lender, plans to trim $3 billion in annual expenses from investment banking, trading and wealth-management units. Photographer: Scott Eells/Bloomberg via Getty Images

    B of A’s $17B Settlement Not as Large as it Appears

    WASHINGTON — Bank of America’s purchase of Countrywide Financial has cost it tens of billions of dollars over the past six years. An expected $17... Read more

  • FILE - In this Friday, Nov. 9, 2012, file photo, a customer walks towards a Sears store in Hialeah, Fla. On Thursday, Aug. 21, 2014, Sears Holdings Corp. is scheduled to report quarterly financial results before the market opens. (AP Photo/Alan Diaz, File)

    Sears Posts Losing Second-Qurter Numbers on Sluggish Sales

    HOFFMAN ESTATES, Ill.—Sears said Thursday that its second-quarter loss widened as it continues to deal with weak sales. The retailer — which runs Sears and... Read more

  • In this May 5, 2014, photo Berkshire Hathaway Chairman and CEO Warren Buffett gestures during an interview with Liz Claman on the Fox Business Network in Omaha, Neb. The stock price of Warren Buffett's Berkshire Hathaway company has topped $200,000 for the first time. Class A shares of Berkshire jumped past the milestone to an all-time trading high of $201,625 Thursday morning, Aug. 14, 2014. (AP Photo/Nati Harnik)

    Warren Buffett’s Firm Berkshire to Pay $896K Penalty

    OMAHA, Neb.—Warren Buffett’s company has agreed to an $896,000 penalty for failing to tell regulators about a December 2013 investment in wallboard maker USG Corp... Read more

  • This photo of part of the HealthCare.gov website is photographed in Washington, in this Nov. 29, 2013 file photo. (AP Photo/Jon Elswick)

    Audit: $93M Medi-Cal Payments Could Be Fraudulent

    SACRAMENTO, Calif.—State auditors have found Medi-Cal, the nation’s largest Medicaid program, was hit with more than $93 million in potentially fraudulent bills by substance abuse... Read more

  • In this June 2, 2014, photo Apple CEO Tim Cook gestures during the Apple Worldwide Developers Conference in San Francisco. Apple's stock touched a new high on Aug. 20, 2014, reflecting investors' renewed faith in Cook's ability to outwit the competition and expand the technological hit factory built by the late Steve Jobs. (AP Photo/Jeff Chiu)

    Apple’s Stock Bounces Back to Hit a New High

      SAN FRANCISCO—Apple’s stock touched a new high Wednesday, reflecting investors’ renewed faith in CEO Tim Cook’s ability to outwit the competition and expand the... Read more


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