BUSINESS

Veteran retail boss Toshifumi Suzuki, who brought 7-Eleven to Japan in the '70s, failed to get enough votes to replace the president of the group’s Seven-Eleven Japan.

Entrepreneurs see an opportunity in the cannabis industry’s need for financial services, but are such ventures viable long-term solutions?

The company’s shares fell as much 42 percent to a record low of 5 cents in early morning trading on Thursday.

Jeffrey Immelt is firing back at Vermont Sen. Bernie Sanders in a Washington Post article for saying GE is “destroying the moral fabric” of America.

The companies said in a joint statement they would pool about 200 engineers to demonstrate the feasibility of hybrid electric propulsion systems by 2020.

The embattled drugmaker said Thursday it has obtained approval from its lenders for an amendment and waiver to its credit facility.

The new recall is unrelated to Takata’s massive recall of about 24 million vehicles worldwide due to air bags installed in cars dating back more than a decade.

The U.S. dollar fell further against the Japanese yen Thursday after minutes of a Federal Reserve meeting released Wednesday offered little prospect of a rise in interest rates in July.

U.S. investigators are probing whether the investment bank misled bondholders when it sold securities issued by the Malaysian state-run fund.

The Southeast Asian country is investigating Facebook, Google, Twitter and Yahoo over corporate back taxes of up to billions of dollars.

The Swedish carmaker, which wants to make its cars “death proof” by 2020, called the project “China’s most advanced autonomous driving experiment.”

The lawsuit, filed in Illinois Wednesday, seeks to become class action, representing all Volkswagen franchise dealers in the U.S.

The Korean electronics giant, whose profit margin has been squeezed by its American rival Apple, expects first quarter profit to rise to $5.7 billion.

The automaker said it would roll back production on the Chrysler 200 sedan, popular with car-rental agencies in the U.S., from July 5.

The communications infrastructure company is reportedly expected to invest nearly $3 billion in one of the world's fastest growing markets for mobile devices.

The rule is expected to require banks to seek the identities of people behind shell-company account holders.

Many low-income Americans would likely get better-paying jobs if health insurance wasn’t tethered to place of employment, researchers say.

Critics of the Mississippi legislation include leaders of General Electric, PepsiCo and Dow Chemical.

Parliament should probe the nation's tax practices and consider direct rule of territories that serve as tax havens, Labour leader Jeremy Corbyn says.

The disclosure appeared in newly released minutes of the Fed’s March policy-setting meeting.

The No. 2 and No. 3 oil-field services companies said they would "vigorously contest" a Justice Department effort to block their merger plan.

A rule backed by the Obama administration could push U.S. investors from legacy broker-dealers to a new crop of tech-savvy advisers.

The Treasury’s new rules on inversion-type transactions torpedoed the pharmaceutical deal, but a tough debate about corporate tax reform remains.

The planned merger — facing opposition from the Justice Department — would combine the No. 2 and No. 3 oil services companies.

The $160 billion deal, announced last year, was canceled Wednesday after the U.S. Department of Treasury passed a new law to curb tax inversion deals.

A 21.6 percent drop in land sales in 2015 added to problems for China’s local governments, while half of major developers saw profits fall.

Amazon was the subject of a monthslong investigation by the New York Times, which depicted the company as having a bruising corporate culture.

The troubled commodities giant, which reported a net loss of nearly $5 billion in 2015, is seeking to reduce its massive debt burden.

In a boost to the world’s second-largest economy, the service sector grew faster than expected in March, but employment fell for the first time since August 2013.