The Wall Street Journal is seeking a "substantial number" of buyouts in an effort to avoid "involuntary layoffs," the newspaper's editor-in-chief Gerard Baker said Friday.
McDonald's reported strong sales and earnings as customers around the globe continued to flock to the fast food giant. But it may get tougher for McDonald's to keep growing in the U.S. unless it can win back more younger diners.
NBCUniversal is planning to double its investment in BuzzFeed, discussing a deal that would put another $200 million into the news and entertainment site, a source with knowledge of the matter confirmed.
Elizabeth Warren fired off a letter on Thursday asking Wells Fargo whether new CEO Tim Sloan played a role in the bank's creation of as many as 2 million fake accounts.
Wells Fargo was served with a search warrant by California authorities investigating alleged identity theft linked to the opening of unauthorized bank and credit card accounts.