More Stock/Fund Data
The meat supplier at the center of China’s latest food scandal is a unit of Aurora-based OSI Group, a major beef and chicken supplier to McDonald’s restaurants. OSI Group issued a statement Monday saying it has launched its own investigation into a report on China’s Dragon TV that workers at its factory in Shanghai were caught on camera reprocessing expired and discarded meat, including picking up meat off of the floor and mixing fresh meat with meat older than the expiration date.
Karl Albrecht, co-founder of the Aldi grocery store empire and one of the world’s richest people, has died in the western German city of Essen. He was 94.
The stock market started the week with a slight loss on Monday as investors weighed a mixed batch of corporate earnings against mounting political turmoil.
Botox-maker Allergan says it is cutting about 13 percent of its workforce, or roughly 1,500 employees, as part of a push to become more efficient and productive.
Tesco says chief executive officer Philip Clarke will be stepping down after the latest earnings figures showed Britain’s largest retailer by revenue struggled at home.
Russian steel company Severstal is exiting the U.S. market, selling a pair of steel plants to AK Steel and Steel Dynamics for about $2.33 billion. Steel Dynamics, based in Fort Wayne, Ind., is buying a plant in northeast Mississippi.
Oil and gas drilling firm Halliburton Co. said Monday its second-quarter earnings rose 20 percent, and it raised its share buyback authorization to $6 billion.
Chicago-area AbbVie Inc. employees worried about job security after the pharmaceutical firm’s planned $55 billion merger with fellow drugmaker Shire PLC have been told not to fret. That’s the same signal employees at Aon PLC were sent more than two years ago when the insurance …
Forbes said Friday it will sell a majority stake in the family-owned magazine publisher to a Hong Kong-based investor group.
Kia is recalling nearly 52,000 Soul small SUVs to fix a problem that can cause steering failure.
Visions of chlorine-drenched chickens and the prospect of genetically modified “Frankenfood” invading dinner tables across the European Union are proving serious impediments to the signing of a sweeping free trade agreement between the United States and the 28-country bloc.
Honeywell International Inc. on Friday reported profit that climbed by 7.6 percent in its second quarter, and topped analysts’ expectations.
The Nokia X phones that Microsoft discontinued this week blend two rival operating systems, but leave out the best of each. As a result, the devices didn’t become a runaway hit as Nokia’s low-cost answer to serving emerging markets.
General Motors says it has replaced faulty ignition switches on just under 20 percent of 2.6 million small cars that are being recalled.
Italian automaker Fiat and its main shareholder denied on Thursday a media report that the company is in merger talks with rival Volkswagen. The German carmaker also said it had no plans for mergers or acquisitions.