Philip Green's Topshop-to-Dorothy Perkins fashion empire staved off a collapse into administration on Wednesday as creditors approved his sweetened restructuring plan.
The senior Democrat on the Federal Communications Commission on Wednesday criticized the FCC's review of the proposed $26.5 billion tie-up of Sprint Corp and T-Mobile US Inc, saying Republican commissioners moved toward approving the merger without adequate economic and legal analysis.
A David and Goliath battle is brewing in the business of selling prescription medicines for pets, pitching veterinarians against online giants moving into this lucrative corner of the growing market for animal supplies.
Wall Street eased on Wednesday, with bank stocks declining as prospects of a U.S. interest rate cut rose and energy shares tumbling along with oil prices.
Oil futures sank 4% on Wednesday amid higher U.S. crude inventories and a bleaker demand outlook, while uncertainty over the U.S.-China trade war and U.S. economic data weighed on stocks.
Real estate billionaire Sam Zell and other former officers and directors of Tribune Co have reached a $200 million settlement resolving allegations of fraudulent transactions related to the media company's disastrous 2007 leveraged buyout.
U.S. President Donald Trump said on Wednesday he was sure China and Hong Kong would be able to "work things out" after mass protests in the city against an extradition bill that would allow people to be sent to mainland China for trial.
Hong Kong police fired rubber bullets and tear gas at demonstrators who threw plastic bottles on Wednesday as protests against an extradition bill that would allow people to be sent to mainland China for trial descended into violent chaos.
Comcast Corp will more than double its investment in European original programming and start an in-house studio at its European unit Sky after Sky's success with the mini-series "Chernobyl," the company said on Wednesday.
French President Emmanuel Macron has turned down a request to meet Renault chairman Jean-Dominique Senard, who is furious over the government's interference at the carmaker, sources told Reuters, raising questions over Senard's future.
Aside from the grounding of Boeing's 737 MAX jets, the company collected zero new orders in May. Customers are becoming stingier, and the effect isn't limited to the U.S. giant – Airbus orders have also slowed. Still it's the last thing Boeing needs, as Tom Buerkle explains.
Oil prices fell more than 2% on Wednesday, weighed down by a weaker demand outlook and a rise in U.S. crude inventories despite expectations of extended supply cuts led by OPEC. David Pollard reports.
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