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U.S. manufacturing grew in August at the strongest pace in more than three years as factories cranked out more goods and new orders rose.
Private equity firm Thoma Bravo is spending about $2.5 billion to buy Compuware and take the software developer private.
Halliburton says it has agreed to pay $1.1 billion to settle a substantial portion of plaintiff claims arising from the 2010 Gulf of Mexico oil spill.
U.S. stocks were mostly lower in early afternoon trading Tuesday even after news that the economy was gaining strength. The S&P 500 dipped back below 2,000 points as oil producers weighed the index down.
U.S. home prices rose in July but at a slower rate compared with earlier this year. The moderating price increases could help support sales.
1-800-FLOWERS.COM Inc. is buying Harry & David for $142.5 million to help broaden the assortment of foods that its customers can choose as gifts.
Norwegian Cruise Line is sailing into the luxury sector, spending about $3 billion in cash and stock to acquire the high-end Prestige Cruises International.
Dollar General upped its bid for the rival Family Dollar chain and addressed an earlier roadblock, saying it will more than double the number of stores it would shed to tamp down the antitrust concerns of its takeover target. The newest bid is worth $9.1 billion.
A court has issued an injunction barring ridesharing service Uber from operating in Germany, the latest shot in a fight with the country’s taxi drivers.
McDonald’s, Wendy’s and other fast-food restaurants are expected to be targeted with acts of civil disobedience that could lead to arrests Thursday as labor organizers escalate their campaign to unionize the industry’s workers. Kendall Fells, an organizing director for Fast Food Forward, said workers in a couple of dozen cities were trained to peacefully engage in civil disobedience ahead of this week’s planned protests.
The Hershey Co. is rolling out a new corporate logo that features a freshly stylized version of one of its most famous chocolate products.
Tesla Motors has five states bidding to attract a $5 billion factory that will make batteries for a new generation of electric cars.
The Chicago region’s colleges and universities are attracting growing numbers of foreign-born students, but employers are doing less well in hiring these students for local jobs when they graduate, especially to fill a big shortage of workers for information technology jobs, a new report shows.
JPMorgan Chase, the nation’s biggest bank by assets, is working with law enforcement officials to investigate a possible cyberattack, though the bank isn’t currently seeing any unusual fraud activity at the time.
Olive Garden’s parent company Darden Restaurants said it is postponing its annual meeting to give shareholders enough time to review its proxy materials.