The world’s largest automaker is looking to reduce managerial staff at its sales headquarters in Torrance, Calif., by offering workers a buyout.
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The European Commission on Wednesday approved Intel’s $7.68 billion acquisition of security-software company McAfee. Regulators had been concerned that the deal would exclude competing software from working with Intel processor…
Bidders may be lining up for Sara Lee as private equity firm Apollo assembles an investor group to explore a possible offer and Brazilian meat-processor JBS considers coming back with a better deal.
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For more than a year, adult entertainment company Playboy Enterprises has been looking for someone to save it, but in the end, its savior came from within. Last July, founder Hugh Hefner offered to take Playboy private, and Mon…
AIG, which wants to spin off its Taiwan-based Nan Shan Life Insurance unit, has a few live ones nibbling on the line to snap it up, according to a Bloomberg report. The company has disclosed in an SEC filing that Nan Shan has a…