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The deal hit the “sweet spot” that benefits shareholders on both sides, Reynolds American Executive Chairman Susan Cameron says.
There are pockets of new money in this emerging market, and US companies like Google and Nike are establishing firm footholds.
UPS will have to deliver more than 700 million packages this holiday season. To make the mark, it’s invested millions in new technology.
Yum China began trading on the New York Stock Exchange on Tuesday under the ticker “YUMC.”
The combined company of Qualcomm and NXP is expected to have annual revenue of more than $30 billion, the companies said.
PepsiCo pledged Monday it would to significantly reduce the calorie count in its beverages, amid criticism about sugary drinks.
Caterpillar Chairman and CEO Doug Oberhelman announced on Monday that he will retire in 2017.
According to The Wall Street Journal, Amazon plans to open convenience stores, as well as drive-up pickup destinations.
Shares of Chipotle Mexican Grill fell more than 3.6 percent on Tuesday after M Science noted that store checks remain weak for the burrito chain.
In order to bolster sales in the China division, which is poised to spin off on Oct. 31, Yum is turning to a trusted playbook.
Unilever is in talks to acquire Jessica Alba’s Honest Company in a deal valued at over $1 billion, The Wall Street Journal reports.
Meg Whitman tells CNBC that technology is moving at “lightning speed,” and the winning companies are going to be “nimble, fast, and focused.”
Wal-Mart is eliminating 7,000 positions in its back offices across the U.S., The Wall Street Journal reported Thursday.
Chipotle Mexican Grill is slated to offer two promotions during the month of September: one for college students and one for families.
Lyft told CNBC it will begin selling $20 cards at participating Starbucks next week, a move the company hopes will drive traffic to its service.