New Jersey gambling regulators rejected bids Thursday from two casino company competitors to weigh in before deciding whether to give the last approval needed for a $17.3 billion corporate buyout...
MOSBY, Mo. (AP) — The residents of this small riverside town have become accustomed to watching floods swamp their streets, transform their homes into islands and ruin their floors and...
After two failed buyout attempts that could have put it in a better position to compete against larger rivals, Rite Aid is shuffling its board of directors and dividing power at the top of the drugstore chain.
Rite Aid said Thursday that three new, independent directors will be nominated to its board and that CEO John Standley will no longer hold the title of chairman. That goes to current board member Bruce Bodaken.
SAN FRANCISCO (AP) — Tesla CEO Elon Musk is seeking relief from the pressures of running a publicly held company with a $72 billion buyout of the electric car maker, but he may be acquiring new headaches with his peculiar handling of the proposed deal.
Almost everything about the deal is outlandish, from Musk's out-of-the-blue disclosure in a nine-word tweet to the assertion that he has lined up adequate financing to a buy a company that seems to burn through cash faster than it produces cars.