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GoDaddy in exclusive talks to buy Host Europe: sources

U.S. website domain name provider GoDaddy is in exclusive talks to buy peer Host Europe Group (HEG) as it seeks to expand in higher-margin businesses beyond the initial set-up of websites, people close to the matter said. Arizona-based GoDaddy, the world's largest website address registrar, has branched into hosting websites itself for small businesses and consumers. A purchase of HEG would help GoDaddy accelerate its shift into the more profitable

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GoDaddy in exclusive talks to buy Host Europe: sources

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Corolla, Toyota’s car for the masses, turns 50

This weekend marks the 50th anniversary of the Toyota Corolla, one of the world's best-selling cars. Since the first model went on sale in Japan on Nov. 5, 1966, some 44.3 million Corollas have been sold globally through the end of September, including the Corolla Fielder station wagon and other variants, the Japanese automaker says. Here are some milestones along the way and where it stands today.   CAR FOR THE MASSES In the late 1950s, as Japan&#…

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Corolla, Toyota’s car for the masses, turns 50

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Taco Bell to hire 100,000 as part of U.S. expansion

Taco Bell, which operates about 7,000 restaurants in the United States, generated revenue of about $2 billion in 2015. Taco Bell's U.S. expansion follows its plans to grow its international store base to 1,000 restaurants by 2022. The planned hiring and expansion efforts come on the heels of Yum Brands' spinoff of its China operations, the company's top profit generator, into a separate unit called Yum China Inc earlier this

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Taco Bell to hire 100,000 as part of U.S. expansion

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U.S. job growth slows; markets bet on December rate hike

U.S. employment growth eased for the third straight month in September and the jobless rate rose, but the slowdown was not expected to prevent the Federal Reserve from raising interest rates later this year. The…

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U.S. job growth slows; markets bet on December rate hike

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Mondelez abandons pursuit of U.S. chocolate maker Hershey

The abandoned deal, which would have created the world's largest confectioner, underscores the grip that a charitable trust has on the maker of Hershey's Kisses and Reese's Peanut Butter Cups. The trust which controls Hershey was set up by the company's founder over a century ago to fund and run a school for underprivileged children. Hershey rejected a $107 per share acquisition offer from Mondelez at the end of June.

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Mondelez abandons pursuit of U.S. chocolate maker Hershey

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Goldman Sachs to invest $184 million in Brazil storage company: executive

Goldman Sachs Group Inc will invest 600 million reais ($184 million) in Brazilian storage company Metrofit over the next 6 years, betting on a recovery from the harshest recession since the 1930s, a company executive said on Friday. Metrofit, founded in 2012, is a joint venture between Brazilian real estate company TRX and U.S. company Metro Self Storage. The self storage business is growing in Brazil, despite the recession.

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Goldman Sachs to invest $184 million in Brazil storage company: executive

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Unsecured creditors seek quick end to Sports Authority bankruptcy

Unsecured creditors of the bankrupt retailer Sports Authority are seeking to convert the case to a quick liquidation, saying in a Friday court filing the company should not waste its dwindling funds preparing a plan to end its Chapter 11. The Englewood, Colorado-based chain entered Chapter 11 bankruptcy with 464 stores in March and hoped to sell some locations as an ongoing business. The largest U.S. sporting goods retailer, Dick's Sporting Goods Inc , acquired the Sports Authority name and other intellectual property at a June auction.

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Unsecured creditors seek quick end to Sports Authority bankruptcy

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Verizon emerges as front-runner in Yahoo auction: sources

Yahoo Inc is focusing on U.S. telecommunications company Verizon Communications Inc as the buyer of its core business after reviewing final bids that it received this week, people familiar with the matter said on Friday. A deal would boost Verizon's AOL internet business, which the company acquired last year for $4.4 billion, by giving it access to Yahoo's advertising technology tools, as well other assets such as search, mail, messenger and real estate. The sale would…

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Verizon emerges as front-runner in Yahoo auction: sources

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Drivers sue Uber, Lyft over exit from Austin, Texas

Former Uber Technologies Inc and Lyft Inc drivers in Austin, Texas, on Thursday accused the ride-hailing companies of breaking a federal law by abruptly halting operations in the city after voters backed a measure requiring them to fingerprint drivers. The lawsuits filed in federal court in San Francisco, where the companies are based, said Uber and Lyft violated a law that requires companies to give 60 days notice to employees before a “mass layoff.” Uber spokesman…

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Drivers sue Uber, Lyft over exit from Austin, Texas

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Verizon’s bid for Yahoo’s web assets topped by others: source

(Reuters) – Verizon Communications Inc did not submit the highest offer this week in the second round of bidding for Yahoo Inc's core internet assets, according to a person familiar with the matter. No committed financing was required for second-round bids, and Yahoo will put together in the coming days a new shortlist of

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Verizon’s bid for Yahoo’s web assets topped by others: source

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