Business News

Startup basketball league Unrivaled announced on Monday it’s closed a Series A funding round, raising an additional $28 million before its inaugural season.…

President-elect Donald Trump and the head of Japanese tech conglomerate SoftBank, Masayoshi Son, will announce a $100 billion investment effort designed to…

The former head of Ozy Media has been sentenced to 10 years in prison for his role in an alleged fraud involving…

A rocky year for restaurants separated the industry’s biggest chains into winners and losers, as eateries competed for a smaller pool of…

McKinsey & Company agreed to pay $650 million in a deferred prosecution agreement that will resolve a federal criminal probe into the company’s consulting work…

Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move forward with…

The Federal Trade Commission in a new lawsuit accuses the largest U.S. distributor of wine and spirits of illegal price discrimination that gave large…

Federal prosecutors accused top real estate agents Tal and Oren Alexander and their brother, Alon, of drugging and raping “dozens of victims” over more than a decade.…

A rogue employee was responsible for hiding $151 million in delivery expenses over the course of nearly three years, Macy’s said Wednesday.…

Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its supermarket competitor, saying Kroger violated its contract…