The board of Hillshire Brands has decided to hold talks with Pilgrim's Pride and Tyson Foods, as the two major meat processors engage in a bidding war.
Stocks edged further into record territory Monday, but Apple stole some of the spotlight while going in the other direction.
The discovery model for iTunes Radio isn't working well, so Apple is betting big -- $3 billion big -- on Beats and premium streaming music.
Apple's acquisition of Beats -- its biggest ever -- is a genius move, but Southwest paid a $200,000 fine for false advertising.
Investors shook off a dismal first-quarter economic report and pushed stocks higher Thursday, giving the S&P 500 index another record finish.
Tyson Foods offers to buy Hillshire for $50 a share -- a $5 a share premium to Pilgrim's Pride bid to buy Hillshire earlier this week.
Cialis maker Eli Lilly has struck a licensing deal allowing French drugmaker Sanofi to sell a nonprescription version of the pill in major markets.
Apple is buying more flair, swagger and song-picking savvy with its $3 billion acquisition of Beats Electronics, a headphone and music streaming specialist.
AstraZeneca just became the latest big company to refuse a buyout offer. Was it right to say no? Hard to say - but these firms should've accepted deals.
With Red Lobster gone, Darden's flagship chain becomes even more important to its bottom line. But Olive Garden is in a funk too. Is it next up to be sold?
Americans are bombarded by all kinds of advertisements every day, but some forms are way more annoying than others, a survey by Consumer Reports finds.
The job prospects for this year's college grads have improved slightly, but they're starting their careers with more debt than any other class.
AT&T plans to pay $48.5 billion to buy DirecTV, in the latest sign that the wireless industry and the U.S. television market are set to converge.
Darden Restaurants says it entered an agreement to sell its Red Lobster chain to investment firm Golden Gate Capital in a $2.1 billion cash deal.
Apple's reported $3.2 billion deal for Beats Electronics makes a lot of sense. Beats is worth a lot more to Apple than to nearly anybody else.
AT&T is in active talks to buy satellite TV provider DirecTV and may complete a deal in the next few weeks that could be worth close to $50 billion.
Hillshire is buying Pinnacle Foods, whose brands include Duncan Hines, Bird's Eye, Hungry Man and Aunt Jemima, in a deal valued at about $4.23 billion.
Most students about to graduate college will be without a job when they pick up their diploma, but they're optimistic about getting one.
Apple is orchestrating a $3.2 billion acquisition of Beats Electronics, the headphone maker and music streaming distributor founded by hip-hop star Dr. Dre.
Lawmakers express concern about combining the top two U.S. cable operators at a hearing to discuss Comcast's plan to merge with Time Warner Cable.
Merck said it would sell its consumer care business to Germany's Bayer for $14.2 billion.
Pfizer reports revenues well below Wall Street expectations, hurt by falling sales of generic medicines it calls established pharmaceuticals.
More than a third of consumers surveyed said they feel guilty when they pay full price for goods, suggesting that Americans remain eager for bargains.
Microsoft is warning that a newly discovered flaw could allow cyberhackers to have complete access to users' computer files.