- ConAgra cuts 1,500 jobs; moving HQ from Omaha to Chicago Updated: Oct-01-15 5:32 pm
OMAHA, Nebraska - ConAgra Foods will eliminate 1,500 jobs - which represents 30 percent of its office-based workforce - and move its headquarters to Chicago from Omaha, Nebraska, with the goal of creating a more-efficient packaged food company.
- China sends Europe coveted new exports: Jobs, investment Updated: Oct-01-15 4:14 am
LISBON, Portugal - When two Chinese companies appeared among the bidders to buy a troubled Portuguese bank this year, its staff took heart.
- Exxon Mobil to sell troubled Southern California refinery Updated: Sep-30-15 7:29 pm
LOS ANGELES - Exxon Mobil Corp. is selling its troubled Southern California refinery for $537 million to a New Jersey energy company more than six months after an explosion crippled the plant and led to higher gas prices in the Golden State, according to an announcement Wednesday.
- News Corp. slashes 500 jobs at Amplify upon sale Updated: Sep-30-15 6:38 pm
LOS ANGELES - News Corp. says it has laid off about 500 of the 900 employees at its money-losing Amplify educational unit and sold it to Amplify managers and private investors for an undisclosed amount.
- House votes to renew FAA authority for 6 months Updated: Sep-28-15 9:25 pm
WASHINGTON - The House has passed a bill temporarily renewing authorization for the Federal Aviation Administration while lawmakers consider whether to take responsibility for air traffic control away from the government and place it under the direction of a nonprofit corporation.
- Missouri AG: No evidence St. Louis clinic sells fetal tissue Updated: Sep-28-15 7:04 pm
JEFFERSON CITY, Missouri - An investigation found "no evidence whatsoever" that Missouri's only surgical abortion facility sells fetal remains, Attorney General Chris Koster said Monday, marking the latest response to a heated national debate over Planned Parenthood's handling of fetal tissue.
- Exelon, Pepco ask regulators to reconsider merger rejection Updated: Sep-28-15 5:29 pm
WASHINGTON - Power companies Exelon and Pepco have asked District of Columbia regulators to reconsider their rejection of the companies' proposed $6.8 billion merger.
- Halliburton, Baker Hughes plan to sell additional businesses Updated: Sep-28-15 11:12 am
HOUSTON - Halliburton and Baker Hughes are divesting more assets as the rival oilfield services companies seek approval from regulators to join in a $34.6 billion deal.
- Kellogg buys Egyptian cereal company for $50 million Updated: Sep-28-15 10:45 am
NEW YORK - Kellogg said Monday that it bought Egyptian cereal company Mass Food Group for $50 million as it seeks to boost its presence in Africa.
- Energy Transfer Equity buying Williams Cos. for $32.61B Updated: Sep-28-15 10:15 am
DALLAS - Energy Transfer Equity is buying pipeline operator The Williams Cos. for approximately $32.61 billion.
- Renault takes step forward in potential Lotus buyout Updated: Sep-28-15 8:01 am
PARIS - Renault's return to Formula One as a team looks imminent after the French manufacturer announced plans on Monday to buy a controlling stake in the debt-laden Lotus team.
- Ohio Lottery to undergo independent efficiency assessment Updated: Sep-26-15 12:29 pm
CLEVELAND - An independent assessment about how the Ohio Lottery can operate more efficiently will include a study of privatized lottery operations, but officials say there's no intent to pursue such a change.
- West Virginians push for public takeover of water system Updated: Sep-26-15 10:21 am
For Joy Gunnoe, a water main break isn't merely a hassle.
- More wrangling ahead on fate of New Hampshire power plants Updated: Sep-25-15 4:09 pm
CONCORD, New Hampshire - A recommendation this month to delay selling off 12 power plants in New Hampshire faces more scrutiny before a final decision can be made, policymakers and regulators said Friday.
- LSU seeking to oust operator of Shreveport, Monroe hospitals Updated: Sep-24-15 6:08 pm
BATON ROUGE, Louisiana - LSU is seeking to end its deal with the private operator of its Shreveport and Monroe hospitals.
- China inks deals worth $38 billion to buy 300 Boeing jets Updated: Sep-23-15 5:35 pm
HONG KONG - Boeing said Wednesday that Chinese companies have agreed to buy 300 jets and build an aircraft assembly plant in China. The deals, worth about $38 billion, were signed during Chinese President Xi Jinping's visit to the United States.
- India-based company doesn't want drug used for executions Updated: Sep-22-15 5:27 pm
LITTLE ROCK, Arkansas - An India-based company that appears to have made a drug that Arkansas purchased for lethal injections says it doesn't want its products used in the state's plans.
- CEOs of Aetna, Anthem make case for health insurance mergers Updated: Sep-22-15 4:11 pm
WASHINGTON - Leaders of two major health insurers planning multibillion dollar acquisitions made their case to Congress that bigger can mean better in their industry, but concerns are being raised in Washington about how these deals will affect consumers and competition.
- Swedish utility Vattenfall sells its German coal plants Updated: Sep-22-15 6:23 am
STOCKHOLM - Vattenfall AB says it is selling off its German coal plants, a major source of greenhouse gases, and its mining assets as the Swedish utility seeks to adjust its energy strategy.
- Haslam paying 3 part-time consultants annual rate of $612K Updated: Sep-21-15 6:00 pm
NASHVILLE, Tennessee - Three part-time consultants in a new state office that's heavily focused on outsourcing some government services stand to be paid at a combined annual rate of $612,000 even as Republican Gov. Bill Haslam insists no decision has been made about whether to privatize anything.
- Company continues effort to acquire Sugar Grove base Updated: Sep-21-15 10:36 am
SUGAR GROVE, West Virginia - A child welfare and behavioral health care company is continuing efforts to acquire a Navy base in Pendleton County after the facility closes.
- Fiorina's career as tech CEO is still a matter of debate Updated: Sep-21-15 8:13 am
SAN FRANCISCO - Ten years after GOP presidential candidate Carly Fiorina was unceremoniously fired from her job as chief executive of Hewlett-Packard, her tumultuous business career is still the subject of heated discussion.
- Colorado Springs computer chip maker acquired Updated: Sep-20-15 1:46 pm
COLORADO SPRINGS, Colorado - Atmel Corp., which employs about 1,000 workers in a computer chip manufacturing plant in Colorado Springs, has agreed to be acquired by Dialog Semiconductor PLC in a $4.6 billion deal that is expected to be completed early next year.
- Florida Candy Factory makes Angel Mints for higher purpose Updated: Sep-19-15 1:01 am
CLEARWATER, Florida - It was only after he lost his biggest customer that candy maker Scott Rehm realized who cared most about his peppermints.
- German media company sells all its Russian assets Updated: Sep-18-15 6:18 am
MOSCOW - The Russian subsidiary of a major German publishing house on Thursday sold all of its media assets in Russia to comply with a new law.