Billionaire Carl Icahn bought 306,846 more shares of Herbalife on Aug. 31, according to a Friday filing.
Marks & Spencer has offered thousands of long-term staff increased compensation amid pressure to backtrack on planned pay cuts.
Wal-Mart is eliminating 7,000 positions in its back offices across the U.S., the company confirmed Thursday.
The accountancy watchdog has dropped an investigation into the former Tesco chief financial officer Laurie McIlwee, nearly two years after an accounting scandal emerged at the supermarket.
As of Friday, the number of lawsuits accusing Starbucks of deceiving its customers by serving them too much ice or too much foam has fallen by one. Ordering a cold drink means it will be served with ice, according to US district judge Percy Anderson.
Barnes & Noble CEO Ronald D. Boire, who had been at the helm of the retailer for less than a year, has been shown the door.
BHP Billiton, the world’s biggest miner, has reported a record loss of $6.4bn (£4.9bn) following a fatal dam disaster in Brazil, a slump in the price of commodities, and a bet on fracking in the US.
The bosses of Britain’s largest public companies earned an average of £5.5m last year, and have enjoyed a 10% pay rise while wages in the rest of the economy lag far behind.
Some of the largest shareholders in Royal Dutch Shell, the giant petroleum and energy group, are expected to publicly back the company’s $53bn (£35bn) takeover of BG amid concern the deal could be sabotaged by those who want it scrapped.
The oil and gas industry is repeating the mistakes of previous downturns by resorting to short-term cost-cutting measures, according to a new report.
Pictured seated in a workshop, visor raised, 20-year-old Sophy Bage gazes resolutely across the room. Hair drawn back tightly into a ponytail, bright yellow earplugs just visible, a small smile steals across her illuminated face. She looks completely at home – and well she might. Because Bage is a welder.
Standing in a brand new British Airways A380, at an altitude of 35,000ft over the Atlantic, Willie Walsh couldn’t resist having a dig at an old rival.
Two companies heading towards flotations in London worth billions of pounds face pressure over a lack of female representation on their boards following criticism from the peer behind a drive to improve the gender balance in boardrooms.
Ryanair has called on Google to take action to protect customers from booking flights with the airline at inflated prices on websites that it claims are masquerading as its own.
BP is to cut another 3,000 jobs after reporting a loss of $6.5bn, its worst annual loss in at least 20 years. The latest job cuts are in addition to the 4,000 job cuts already announced.
The crisis in the British steel industry is the result of four big trends in the economy over the past 40 years.
Lord Myners, the man who fought off Sir Philip Green’s bid for Marks & Spencer, has filed 11 questions in the House of Lords calling on the government to investigate the demise of BHS.
Companies as diverse as the household goods group Reckitt Benckiser, Standard Chartered bank and the advertising giant WPP could be the next to face showdowns over pay as investors prepare to vote at forthcoming annual meetings.
Howard Schultz will step down as Starbucks chief executive – again.
The creator of the Big Mac, one of the most popular fast foods in the world, has died aged 98. Jim Delligatti was a McDonald’s franchisee who came up with the idea in 1967 because he said customers wanted a bigger sandwich.
The financial reporting watchdog will investigate accountancy firm Grant Thornton for signing off on an arrangement between Sports Direct, majority-owned by Mike Ashley, and a delivery firm owned by his brother.