Nelson Peltz’ Trian Fund Management LP is evaluating a takeover bid for Papa John’s International Inc , the Wall Street Journal reported on Monday, citing people familiar with the matter.
Perrigo Co Plc on Monday replaced its chief executive officer of 10 months, Uwe Rohrhoff, with consumer goods industry veteran Murray Kessler, as the generic drugmaker sharpens its focus on consumer healthcare business.
Alphabet Inc’s Google will shut down the consumer version of its failed social network Google+ and tighten its data sharing policies after announcing on Monday that private profile data of at least 500,000 users may have been exposed to hundreds of external developers.
The tech-heavy Nasdaq fell on Monday for the third straight day as a sell-off in Chinese markets sparked concerns about slowing global economic growth, though the S&P 500 pared losses to end nearly flat.
Global equity markets fell on Monday amid unease over the impact of the U.S.-China trade war on China’s growth, while the dollar gained against the euro as Italian bond yields spiked on a brewing spat over Italy’s budget plans.
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Ford Motor Co has chosen Omnicom’s BBDO as its lead creative advertising agency in a blow to its long-time partner WPP .
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CBS Corp would look for potential buyers for the cable company after a probe on its former Chief Executive Officer Leslie Moonves ends, a Fox journalist tweeted on Monday.
Advertising giant WPP has lost its position as lead creative agency for Ford Motor Co , WPP said.
The S&P 500 cut losses to end nearly flat on Monday after having been weighed down by concerns about slowing Chinese economic growth due to trade tensions between China and the United States.
The S&P 500 was little changed on Monday as concerns mounted about the impact on China’s economy from trade tensions between the United States and China.
Volkswagen’s Brazil operation is putting workers on a 20-day furlough, the company said on Monday, citing reduced demand from Argentina, which is undergoing an economic crisis that has derailed growth and slashed spending power.
A gauge of global equity markets fell on Monday amid unease over the impact of the escalating U.S.-Sino trade war on China’s growth, while the dollar gained versus the euro and Italian bond yields spiked on a spat over Italy’s budget plans.
Volkswagen is close to hiring Citigroup , Deutsche Bank , Goldman Sachs and JP Morgan to help with the potential stock market listing of its truck unit Traton, two people familiar with the matter told Reuters on Monday.
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