Company News

Disney considers surge pricing?

Planning a trip to Disney? You might want to take a closer look at your calendar.

Alcoa to split into two companies

The nation’s biggest aluminum producer will split into two publicly traded companies as it tries to deal with an oversupply of the metal and falling prices.

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Caterpillar announced Thursday that it expects to permanently reduce its workforce by 4,000 to 5,000 by the end of 2016. It said the cuts could reach 10,000 through 2018. The reductions are part of a corporate restructuring that the company said will lower operating costs by about $1.5 billion annually once implemented. Caterpillar also lowered …

Adam Jeffery | CNBC
Lloyd Blankfein

Goldman Sachs Chairman and CEO Lloyd Blankfein said Tuesday he has been diagnosed lymphoma. “Late this summer after several weeks of not feeling well, I underwent a series of tests, which culminated in a biopsy last week,” Blankfein said in a release. “Fortunately, my form of lymphoma is highly curable and my doctors’ and my …

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General Electric is planning to move 500 jobs overseas, citing the Export-Import Bank expiration. The jobs will be moving to France, Hungary and China. Four hundred jobs will move to France, and the remaining 100 split between China and Hungary. The jobs will be coming from Texas, South Carolina, Maine, and New York. GE has …

Air quality in question

A lawsuit filed in Illinois accuses Boeing of building airplanes that have ventilated the cabin with toxic fumes.

Scott Eells | Bloomberg | Getty Images
Avon Products Inc.

Avon‘s stock was halted three times during Thursday trading after reports surfaced that the company might be acquired by a company called PTG Capital Partners. Quick research shows that there may be no such company. The U.K. Companies House does not have a registration for a company called PTG Capital Partners. CNBC tried to contact …

DuPont defeats Peltz

The long, drawn out and very public battle between DuPont and Nelson Peltz has come to an end.

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Thousands of students were left in the lurch when Corinthian Colleges shut its doors, offering a cautionary tale for students and investors.

Terry Vine | Blend Images | Getty Images

This year has already included Silicon Valley’s highest-profile gender discrimination lawsuit and the uproar in Indiana over the Religious Freedom Restoration Act. Inclusion in the corporate world is a priority today, and corporations try to avoid issues of diversity at their own peril. But do companies really embrace it, even when they claim to make …

The new GE

General Electric plans to sell most of its GE Capital unit. What does the move mean for the new GE and investors in one of the most widely held stocks?

FedEx to buy European rival

FedEx will buy Europe’s TNT Express for nearly $5 billion in an effort to expand into Europe.

Michel Porro | Getty Images
People attend Dutch National Tulip Day in front of the Royal Palace at Dam Square, in Amsterdam, Netherlands.

As the world becomes more interconnected and businesses expand their supply chains far beyond their home countries, things can get risky. But some places are much more risky to supply chains than others. FM Global, a Rhode Island-based mutual insurance company, on Tuesday released a study naming the countries that present the least risk and …

Race campaign & Starbucks’ brand

Starbucks launches a controversial initiative on race relations, but is it smart business?

Starbucks’ social backlash

Starbucks launches a controversial initiative on race relations. Jane Wells finds out what shareholders think about the “Race Together” campaign.