Global Auto Sales to Fall More Than Expected
S&P Global Ratings had previously forecast modest growth in China and Europe.
Mastercard to Buy Bill-Pay Platform Transactis
"We’ll be able to deliver a better real-time consumer experience, from sign-up to viewing and paying bills," says Mastercard.
Kellogg CFO to Step Down After Two Years
CFO Fareed Kahn's replacement, Amit Banati, is the head of the consumer product group's Asia, Middle East, and Africa business.
Gig Workers Are Not Employees: DOL
The Department of Labor's opinion came in a letter to a virtual marketplace company that operates in the "sharing" economy.
Fiserv Hit With Lawsuit By Credit Union
A small Pennsylvania credit union alleges security vulnerabilities and other problems with the vendor's core processing services.
Parker Hannifin to Buy LORD for $3.68B
The industrial company said the acquisition would be would be accretive to EBITDA margins, cash flow, and earnings per share.
Slack Files for Direct Listing
The company posted a loss for the latest fiscal year but said it is spending less on sales and marketing.
Surescripts Sued Over Anti-Competitive Practices
The FTC is charging the company with illegal monopolization of the e-prescription market.
Occidental Makes $57 Billion Bid for Anadarko
Occidental’s bid tops Chevron's $50 billion offer and could spark a bidding war.
Rent-A-Center Reaches Settlement Over Failed Merger
The company will receive $92.5 million after settling all litigation relating to its termination of its merger deal with Vintage Capital.
Blackstone to Convert from a Partnership to a Corporation
The private equity giant's structural change will allow more investors to buy its stock.