Business

Dollar General Raises Family Dollar Bid

Dollar General upped its bid for the rival Family Dollar chain to $80 a share and said it will more than double the number of stores it would shed to ease the antitrust concerns of its merger target.


PG&E Fined $1.4 Billion for Gas Line Blast

The California Public Utilities Commission on Tuesday announced the figure reached by judges against Pacific Gas & Electric Co., saying it would be the largest safety-related penalty it had ever imposed.


New York Bank Accused of Refusing Loans to Blacks

A bank refused to offer mortgages to African-Americans living in Buffalo, New York's attorney general said in a lawsuit that is part of a wider investigation into redlining.


Thoma Bravo to Buy Compuware for $2.5 Billion

Private equity firm Thoma Bravo is spending about $2.5 billion to buy Compuware and take the software developer private.


Halliburton Settles Oil Spill Case

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.


Fantasy Football Gambling Industry Facing Increased Legal Scrutiny

It is all fun and games for daily fantasy sports companies in Florida -- for now. Rapid growth has taken the industry from nonexistence a few years ago to mainstream discussion entering this football season. But rapid growth could also draw more attention from authorities.


Detroit Raced Toward this Week's Bankruptcy Trial

It took decades of mismanagement, malfeasance and meltdowns in its bread-and-butter manufacturing sector for Detroit to hit fiscal rock bottom. The path to exit bankruptcy could take less than a year and a half. After some delays, the confirmation trial for the largest municipal bankruptcy in U.S. history is scheduled to start Tuesday.


GE Capital and Petters-Related Fund in Legal Battle

A billion-dollar legal battle is brewing in Florida over who knew what and when about the decade-long Ponzi scheme operated by former Wayzata businessman Tom Petters.


New Hershey's Logo Revealed

The Hershey Company unveiled a new corporate branding and redesigned logo Friday, describing the new look as "fresh" and "modern," while others say it looks suspiciously like . . . something less appetizing.


Mexico's Pemex Forecasts 6.7% Drop in 2014 Crude Production

Mexican state-owned oil company Petroleos Mexicanos said Friday it expects its crude output to fall by 6.7 percent in 2014 compared to last year, attributing the result to measurement improvements.


American Airlines Back on Obitz

American Airlines fares have returned to Orbitz after a three-day public tiff.


Dairy Queen Hit by 'Backoff' Cyber Attack

Dairy Queen has been in contact with the Secret Service about "suspicious activity" related to the Backoff strain of malware that attacks point-of-service machines.


Fiat Chrysler Stock Coming to Market Soon

U.S. investors should soon be able to buy stock in Chrysler for the first time in seven years.


Hershey Unwraps New Logo

The Hershey Co. is rolling out a new corporate logo that features a stylized version of one of its most famous chocolate products.


Dollar General Still Wants Family Dollar

Dollar General said Thursday it's still interested in buying Family Dollar, but the retailer didn't offer any specifics on what it plans to do following rejection of its bid.


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