Sears Holdings Corp. gained 54 percent this year through November. It was the best performer among the U.S. listed stocks held by Eddie Lampert’s hedge-fund firm and the biggest contributor to an estimated 41 percent return from those investments.
Chrysler Group LLC’s inability to resolve a routine tax issue quickly enough led the automaker to delay its initial public offering until next year, according to three people with knowledge of the matter.
Chrysler Group LLC’s initial public offering was delayed after the automaker wasn’t able to resolve a routine tax issue quickly enough to complete the sale this year, three people with knowledge of the matter said.
As Energy Future Holdings Corp.’s board met last month to plan for bankruptcy, representatives of every influential creditor from Apollo Global Management LLC to Oaktree Capital Group LLC filed into a New York law office, except one.
JPMorgan Chase & Co., the target of at least eight Justice Department investigations, was mocked and taunted by Twitter users after asking followers to send questions to an executive using the hashtag #AskJPM.
A rising number of reports about deaths, injuries and malfunctions linked to the robotic surgery system made by Intuitive Surgical Inc. may pressure hospitals to bolster training for doctors using the $1.5 million device.
The Obamacare rollout is leading to the cancellation of hundreds of thousands of health insurance plans nationwide, contradicting President Barack Obama’s repeated pledge that people who like their coverage can keep it.
Energy Future Holdings Corp., the power producer preparing for bankruptcy, added two directors to its boards before a vote this week on whether to make a crucial interest payment, said a person with knowledge of the situation.
Genzyme Corp.’s chief executive officer, Henri A. Termeer , will leave his post of 26 years after Sanofi-Aventis SA closes its $20.1 billion purchase of his company. He may not be out of a job for long.