Sears Holdings tacitly acknowledged the attention on its cash flows with a plan to sell some stores to shareholders, but it risks losing some of its best properties.
Like the man he will succeed as chief, Alex Gorsky is a company insider who served at Johnson & Johnson during one of the most tumultuous periods in its history
The bank’s move represents a major escalation in a protracted legal battle over how many defaulted mortgages Bank of America will have to buy back from Fannie.
The Dutch carrier KLM and others are testing programs to allow ticket-holders to upload details from their online profiles and use that data to choose seatmates.
A sting that ensnarled 22 executives in a foreign bribery case fell apart, calling into question the Justice Department’s increasingly aggressive tactics in enforcing a corruption law.