Canadian Oil Firm MEG Says Husky Energy Didn’t Follow Up With Friendly Takeover Talks
WINNIPEG, Manitoba (Reuters) - Canadian oil producer MEG Energy Corp’s CEO invited his Husky Energy Inc counterpart this month to negotiate a friendly takeover...
Jamaica Is Home of the World’s Best-Performing Stock Market
At the world’s best-performing stock market, things operate a bit differently than they do on Wall Street. No one complains about short sellers swooping...
Sears Chairman Eddie Lampert Wins Bankruptcy Auction to Buy Company With $5.2 Billion Bid
Sears Holdings Corp Chairman Eddie Lampert won a bankruptcy auction to buy the once iconic U.S. retailer after presenting an improved offer of $5.2...
Citi Bank Says it Will Place More Black Employees in Senior Roles, Reveals its...
Citigroup’s female employees earn 29 percent less than their male counterparts, the Wall Street bank revealed on Wednesday, while announcing targets for appointing more...
“Bird Box” Draws 8.8 Million New Subscribers to Netflix, but 4th-quarter Revenue Misses Estimates
Dystopian movie “Bird Box” helped Netflix Inc draw a record 8.8 million new paid streaming customers in the fourth quarter, but the company fell...
LifeWay Christian Resources Announces That Some Brick-and-Mortar Stores Will Be Closing
In light of "an accelerated rate of erosion" at "brick-and-mortar" stores, LifeWay Christian Resources President Thom Rainer has announced that some LifeWay stores will...
Mark DeMoss to Close His Prominent PR Firm Known for Many Christian Clients on...
Mark DeMoss, founder of DeMoss, an Atlanta-based public relations firm known for high-profile, faith-based clients, plans to close March 29, according to a letter...
Gillette Ad Attacking ‘Toxic Masculinity’ Sparks Backlash
A Gillette ad for men invoking the #MeToo movement is sparking intense online backlash, with accusations that it talks down to men and groups...
Netflix Raises Prices of All Subscription Plans by $1-2
Netflix Inc is raising monthly fees for its U.S. subscribers by between 13 percent and 18 percent, the video streaming pioneer’s first price increase...
Saudi Energy Minister Says He’s Concerned About Oil Price Volatility
Saudi Arabia’s energy minister said Sunday that major oil producers need to do better to narrow swings in prices that dip below $60 a...
Nissan Executive Jose Munoz Resigns After Carlos Ghosn’s Arrest
Nissan Chief Performance Officer Jose Munoz, who took a leave of absence a week ago, has resigned, the first high-profile departure at the Japanese...
Ford Plans to Cut 1,150 Jobs in UK
U.S. carmaker Ford plans to cut 1,150 jobs in Britain, the Unite union said on Friday, with nearly 1,000 job losses at its Bridgend...
Amazon Pulls Products With Quranic Text on Them After Muslims Complain
After complaints from Muslim advocates, the online retailer Amazon has removed more than 20 product listings that included doormats, bathmats and toilet covers featuring...
Toyota Recalls 1.7 Million Vehicles Worldwide Over Air Bag Inflators
Toyota Motor Corp said Wednesday it is recalling another 1.7 million vehicles worldwide for potentially faulty Takata air bag inflators as part of a...
Jeff and Mackenzie Bezos Getting a Divorce After 25 Years of Marriage
The world's richest couple is splitting up.
Jeff Bezos and his wife, MacKenzie, are getting a divorce after 25 years of marriage, according to a...
Amazon Becomes World’s Most Valuable Company for the First Time Ever With a Market...
Amazon has become the world's most valuable company for the first time, surpassing Microsoft.
The shift occurred Monday after Amazon's shares rose 3 per cent...
Mercedes Aiming to be Top Player in Scaling Autonomous Vehicle Technology
Mercedes-Benz’s is not aiming to be the first manufacturer to develop a self-driving car but it wants to be among the first two players...
Developers Tap AI, Technology to Build Workplaces that Attract Smarter Workers
Employees will not need a key to get into the office of the future when it opens in Berlin this year, featuring ample meeting...
Southwest Airlines’ Co-Founder Herb Kelleher Dies at 87
Herb Kelleher, the co-founder of Southwest Airlines, has died aged 87.
Southwest Airlines tweeted news of his death, calling him 'a pioneer, a maverick, and an...
Filing Shows Google Sent $23 billion to Tax Haven Bermuda in 2017
Google moved 19.9 billion euros ($22.7 billion) through a Dutch shell company to Bermuda in 2017, as part of an arrangement that allows it...