One of the world’s biggest container ships, the 1,300-foot-long Indian Ocean, has run aground near the busy German port of Hamburg and so far has resisted all efforts to free it.
American Apparel said Friday that it has emerged from chapter 11 proceedings as a private company after implementing a reorganization plan.
M&M’s maker Mars will phase out artificial colors throughout its portfolio of foods over a five-year period, following several large food companies that have made similar changes amid a trend toward natural ingredients.
Amazon’s plan to build brick-and-mortar outlets in retail malls is following the playbook of smaller Internet sellers like Warby Parker and Bonobos that found early success reaching shoppers via showrooms and shops.
Lions Gate Entertainment’s stock plummeted 28% Friday to $18.18, potentially complicating discussions for the studio behind “The Hunger Games” to merge with premium cable channel Starz.
Shares of AbbVie and Johnson & Johnson took a hit Friday after FDA briefing documents hinted a cheaper competitor for the drug companies’ blockbuster anti-inflammatory treatments could be headed to market soon.
Tyson Foods projected record profits this year, boosted by growing consumer spending, increased meat supplies and low prices for animal feed.
Volkswagen said it would postpone publication of its 2015 results because of issues related to the auto maker’s emissions scandal.
The U.S. job engine slowed in January while unemployment hit an eight-year low and wage growth accelerated, complicating the outlook for Federal Reserve officials as they assess whether the economy is strong enough for further interest-rate increases.
The U.S. trade deficit expanded in December, highlighting how a global economic slowdown remains a headwind to domestic growth.