- 2 major container companies merge Updated: May-05-15 7:22 am
LAFAYETTE, Louisiana - Lafayette-based Gauthiers' has merged with Modex to create the world's third-largest offshore container company with an inventory of 17,000 container units.
- Holcim and Lafarge will sell some assets to complete deal Updated: May-04-15 7:04 pm
NEW YORK - Holcim and Lafarge have agreed to sell cement plants, distribution terminals and other assets in order to complete their merger, which will make the world's largest cement company.
- Correction: Closer Look-Privatizing DCEO story Updated: May-04-15 6:54 pm
CHAMPAIGN, Illinois - In a story May 3 about legislation to privatize much of the work of the Illinois Department of Commerce and Economic Opportunity, The Associated Press misattributed a quote criticizing the plan. The quote should have been attributed to Ralph Martire, executive director of the Center for Tax and Budget Accountability, not to Ron Baiman, who is no longer with the organization.
- Dean Foods combining brands under national label Updated: May-04-15 10:50 am
NEW YORK - Dean Foods will place all of its regional milk labels under one brand as part of a move to boost its business and tout the quality of its product.
- In Congress, income inequality fact of life for food servers Updated: May-04-15 3:38 am
WASHINGTON - Income inequality is more than a political sound bite to workers in the Capitol. It's their life.
- Hawaii lawmakers approve Maui hospital privatization bill Updated: May-02-15 9:05 pm
HONOLULU - Maui's only acute care hospital and two other state-owned medical facilities could be privatized under a bill given final approval by state lawmakers.
- Assurant selling or closing health insurance division Updated: Apr-30-15 1:37 pm
MILWAUKEE - The parent company of Assurant Health said it will sell or shut down the insurer, which has struggled financially since the introduction of the federal Affordable Care Act.
- Houston-based Fiesta Mart grocer sold to ACON Investments Updated: Apr-30-15 12:19 pm
HOUSTON - Texas-based grocery store chain Fiesta Mart LLC has been sold to ACON Investments LLC.
- Sears strikes third real estate deal this month Updated: Apr-30-15 11:13 am
NEW YORK - Sears Holdings announced its third real estate deal of the month on Thursday, saying it received $150 million after starting a joint venture with mall operator Macerich.
- Dow Chemical selling AgroFresh business for $860 million Updated: Apr-30-15 9:13 am
MIDLAND, Michigan - Dow Chemical is selling its AgroFresh specialty chemical business to the buyout company Boulevard Acquisition Corp. for $860 million.
- Berkshire unit says it plans to build Nebraska wind farm Updated: Apr-30-15 6:31 am
OMAHA, Nebraska - Officials say a subsidiary of Warren Buffett's Berkshire Hathaway Inc. plans to build a 400-megawtt wind farm in northeast Nebraska and sell all the power to Omaha Public Power District.
- Yahoo CEO's pay package climbs in 2014 due to stock gains Updated: Apr-29-15 7:25 pm
NEW YORK - The value of Yahoo CEO Marissa Mayer's pay package surged last year, mostly due to gains in the Internet company's stock price that came despite concerns about the overall health of Yahoo's business.
- Salesforce stock soars on takeover talk centering on Oracle Updated: Apr-29-15 5:25 pm
SAN FRANCISCO - Investors are betting that business software service company Salesforce.com will be sold, with Oracle Corp. emerging as the early favorite to pull off a deal that could cost about $50 billion.
- Tropicana Las Vegas hotel and casino to be sold for $360M Updated: Apr-29-15 5:08 pm
LAS VEGAS - Penn National Gaming spent years shopping for a Vegas Strip property and it has finally found one.
- United Tech: Review of Sikorsky spinoff to end in midyear Updated: Apr-29-15 11:34 am
HARTFORD, Connecticut - United Technologies Corp. said it will complete by mid-year its review of whether to sell, spin off or otherwise divest itself of helicopter maker Sikorsky Aircraft.
- Maine newspapers to be sold by wealthy financier Sussman Updated: Apr-28-15 7:22 pm
PORTLAND, Maine - A wealthy hedge fund manager who rescued the Portland Press Herald and two other daily newspapers, investing $13 million over the past three years, is selling them to a newspaper executive.
- Live Nation buys stake in Bonnaroo music festival Updated: Apr-28-15 12:28 pm
NEW YORK - Concert promoter and ticket seller Live Nation said Tuesday that it bought a controlling stake in annual music festival Bonnaroo.
- Applied Materials' Tokyo Electron deal ends in DOJ roadblock Updated: Apr-27-15 6:56 pm
SANTA CLARA, California - Applied Materials has called off its $9.4 billion acquisition of Tokyo Electron Ltd. after hitting a regulatory roadblock.
- France's Capgemini to buy US rival iGate for $4 billion Updated: Apr-27-15 9:26 am
NEW YORK - French technology company Capgemini is paying about $4 billion to buy U.S. rival iGate Corp. and expand its presence in North America.
- Plant farms in Frederick County confront changing economy Updated: Apr-26-15 10:49 am
MIDDLETOWN, Maryland - The story of the biggest change in the Gude family's 126-year-old farm begins with failure.
- Comcast deal may be dead, but cable consolidation will go on Updated: Apr-24-15 9:32 am
NEW YORK - Even though Comcast's $45.2 billion bid for Time Warner Cable is dead, consolidation among the companies that pipe in our TV, phone and Internet will carry on.
- GM CEO dismisses talk of merger with Fiat Chrysler Updated: Apr-23-15 11:13 am
DETROIT - General Motors CEO Mary Barra is dismissing any talk of a possible merger with Fiat Chrysler Automobiles.
- Volvo prepares to send 'Made in China' cars to US Updated: Apr-23-15 9:04 am
CHENGDU, China - On the verge of exporting the first "Made in China" cars to the United States, Volvo is determined to show they are as good as vehicles it produces in Europe.
- Toyota beats VW, GM for top place in global vehicle sales Updated: Apr-23-15 1:40 am
TOKYO - Toyota Motor Corp. is still at the top in global vehicle sales after the first quarter, selling 2.52 million vehicles around the world, outpacing rivals Volkswagen and General Motors even as weakness in Japan dragged on its growth.
- As PayPal split looms, eBay plans to think small Updated: Apr-22-15 8:55 pm
NEW YORK - EBay plans to grow by thinking small as it prepares for life apart from PayPal.