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Australian state governments are considering suing tobacco companies for up to $50 billion to recover public healthcare costs related to smoking-related illnesses, according to a proposal by a former barrister.
Water industry regulators are tightening bonus restrictions after companies used alternative payments to circumvent existing bans, with nine firms prevented from paying bonuses this financial year.
Flutter’s new CEO Dan Taylor is betting on improved products and generous customer rewards to strengthen FanDuel’s profitability after third-quarter results missed Wall Street expectations.
Wendy’s rejected a $1.4 billion takeover proposal from Nelson Peltz’s Trian Fund Management and adopted a shareholder rights plan to prevent a hostile acquisition.
General Motors is revamping its certified used vehicle program, called CarBravo, to compete with online retailers and convert used car shoppers into new vehicle buyers through its dealership network.
Fossil Group returned to profitability and sales growth in its latest quarter, with CEO Franco Fogliato indicating the turnaround is progressing faster than anticipated.
