Business

United Auto Workers said it extended the deadline for the ratification of a labor agreement with General Motors Co (GM.N) by a week to Nov. 20. A majority of United Auto Workers members voted in favor of a new four-year...

Morgan Stanley, better known for underwriting bonds than for retail banking, plans to offer savings accounts and certificates of deposits next year to wring more profit from its wealth management clients, executives told Reuters. The bank has offered checking accounts...

Demand for higher-priced beers helped SABMiller (SAB.L) to report a pick-up in quarterly underlying sales despite currency headwinds, a day after it formally received a $100-billion-plus takeover bid from industry leader Anheuser-Busch InBev (ABI.BR). The maker of beers such as...

Online marketplace Amazon.com Inc (AMZN.O) made its debut in the 2015 Thomson Reuters Top 100 global innovators list, leaving International Business Machines Corp (IBM.N), the world's largest technology services company, out of the list. Amazon joins the innovators list for...

Toshiba Corp's (6502.T) lawsuit against former executives linked to a $1.3 billion accounting scandal is a defensive maneuver that highlights a lack of sincere reform, lawyers and corporate governance experts said. The 300 million yen ($2.44 million) in damages Toshiba...

SAN FRANCISCO, November 11, (THEWILL) – APM Terminals Apapa, Nigeria’s busiest container terminal might shed its staff strength due the steep drop in imports as global oil prices fell 50 per cent in last one year and reduced government’s...

Chinese e-commerce giant Alibaba Group Holdings Ltd (BABA.N) said on Wednesday the value of merchandise it has sold so far during the Singles' Day online shopping extravaganza had surpassed last year's total of $9.3 billion. The company, which six years...

McDonald's Corp (MCD.N) will not spin off its properties into a real estate investment trust (REIT), Chief Executive Steve Easterbrook said at the company's investor meeting on Tuesday. The announcement came as executives at the world's biggest fast-food company by...

A U.S. appeals court upheld the dismissal of federal claims and revived two California state law claims accusing Google of invading computer users' privacy by enabling the placement of "cookies" in their browsers to track their Internet use. The 3rd...

Luxury brands suing Chinese e-commerce behemoth Alibaba Group Holding Ltd (BABA.N) have asked a U.S. judge to be relieved of the obligation to mediate, which they say looks futile after Alibaba founder Jack Ma was quoted in a magazine...