Jobs Report Tops Analysts’ Estimates
The labor market showed renewed strength in June, with nonfarm payrolls rising by 222,000 jobs.
Berkshire Hathaway Expands Its Bet on Energy
Berkshire agrees to buy Oncor from Energy Future Holdings for $9 billion in cash.
Campbell Soup Gobbles Up Pacific Foods
Campbell continues to reshape its product portfolio in response to shifting consumer tastes.
Vantiv Agrees to Worldpay Merger
The deal between the payment processing companies is expected to trigger more mergers in the payment space.
Symantec Acquires Israeli Startup Fireglass
Symantec CEO Greg Clark said ‘browser isolation’ will be a core component of cyber defense in the cloud-based world.
QVC to Buy Home Shopping Network
QVC owner Liberty Interactive buys the remaining 61.8% of HSN for $2.1 billion in stock, a 29% premium.
Boeing CFO’s Role Is Substantially Expanded
Greg Smith will take on the additional role of executive vice president of enterprise performance and strategy.
True Religion Files For Bankruptcy
The Vernon, Calif.-based company said it would keep its doors open while expanding its digital presence.
Maersk Back Online After Ransomware Attack
The Danish shipping company worked with partner MSC to avoid serious disruptions.
CBO: Shutdown Looms If Debt Ceiling Isn’t Lifted
Projected budget deficits have also increased amid ‘surprisingly weak tax collections.’
SEC Expands Confidential Filing Benefit to Prime IPO Market
The new chair of the SEC said that by allowing all companies to submit draft registration statements he hopes to encourage more companies to go public.