PriceWaterhouseCoopers will pay $25 million and face a two-year suspension from consulting for new bank clients following an investigation that showed the company improperly altered a report about Bank of Tokyo Mitsubishi laundering money.
Dollar General is offering about $9.7 billion for Family Dollar in an effort to trump Dollar Tree's bid.
The problem is that some simply people don't consider McDonald's a place to get high quality food, in part because the prices are so low.
With nearly 100 restaurants, Irvine-based Habit Restaurants is expanding outside its core Southern California base and considering a possible IPO, according to media reports.
In a business where patience is part of the process, Kentucky bourbon makers are making a big bet by stashing away their largest stockpiles in more than a generation.
With restaurant patrons increasingly jumping on the Internet to make reservations, some high-end eateries here and across the country are adding a new tech wrinkle: having their clientele pay for their meal in advance using an online ticketing system similar to what's used for sporting events and concerts.
Former Vice President Al Gore is suing Al Jazeera America, saying the news network is withholding tens of millions of dollars it owes for buying Current TV from him and other shareholders.
Achillion Pharmaceuticals climbed in premarket trading Friday after the company reported promising results from a small clinical trial of an experimental hepatitis C drug.
Deere & Co. is cutting 600 workers at agricultural equipment factories, as well as imposing temporary layoffs at the affected locations.
Supervalu is investigating a potential data breach that may have affected more than 180 stores across the U.S.
J.C. Penney sees its turnaround gaining momentum after the troubled department store chain posted second-quarter results that exceeded Wall Street estimates.
Coca-Cola bought a 17 percent stake in energy drink maker Monster Beverage for $2.15 billion Thursday in an attempt to boost its sagging sales.
Gannett Co. announced plans to split off its print division before activist investor Carl Icahn could start pushing the media company in that direction, according to a regulatory filing.
Unsecured general creditors of Lehman Brothers will get $4.6 billion in an initial round of payouts from the bankrupt investment bank next month.
General Electric confirmed it is considering the sale of its historic appliance division, part of its effort to focus on selling more complex and profitable industrial equipment.