Just days after Johnson & Johnson’s Children’s Tylenol started returning to store shelves, the health care giant has recalled about four million packages of Children’s Benadryl allergy tablets and some 800,000 bottles of Junior…
Carlos Slim, the world’s richest man, bought a stake in BlackRock Inc. (BLK), the world’s largest asset manager.
Mexican billionaire Slim bought a stake worth less than 2% of the asset manager, Bloomberg News reported. Slim spokesman Arturo Elias did…
Private equity firms are likely to buy retailer J. Crew Group for $43.50 a share or about $2.8 billion, though investors might balk at such a modest premium.
Continue reading Holiday Shopping Turns to M&A, …
Sworn testimony in a recently concluded mortgage case may spell big trouble for Bank of America. If what one bank employee said proves to be accurate, paperwork problems at mortgage provider Countrywide could leave Bank of Amer…
The mail-order and online movie-rental company said it’s shifting its focus to streaming video, raising some prices and launching a streaming-only plan in the U.S. This follows a successful launch of the same plan in Canada. In…