3 hours ago
US regulators open an antitrust probe of AB InBev.
The Department of Justice is investigating allegations that the maker of Budweiser is making it hard for smaller competitors to distribute their beer.3 hours ago
Coca-Cola and Pepsi are getting into yogurt.
The two soft drink giants are competing to invest in Chobani, a maker of Greek yogurt, according to Reuters. A deal could value the 10-year-old company at $3 billion—and would be another hedge against deteriorating sales of carbonated drinks.3 hours ago
European investors demand answers on auto emissions.
Nineteen investment managers controlling almost $1 trillion wrote separate letters to 11 major automakers, asking for details of their lobbying around emissions rules.3 hours ago
Investors rush in to buy Sharp.
The troubled Japanese electronics maker’s share price jumped as much as 10% in morning trading after reports that a government-backed investment company might invest 200 billion yen ($1.7 billion). Sharp’s LCD display unit is struggling to fend off competition, and is expected to report a fiscal first-half loss.3 hours ago
After 62 years, Playboy will no longer feature pictures of naked women.
With enough of those already on the internet, the magazine will focus on its articles.3 hours ago
