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Democrats in U.S. Congress urge review of Amazon's Whole Foods deal

WASHINGTON A group of Democrats in Congress urged the U.S. Department of Justice and Federal Trade Commission in a letter this week to conduct a more in-depth review of online retailer Amazon.com Inc's plan to buy grocer Whole Foods Market Inc.

Recent Business News

India to quiz Philip Morris on marketing of Marlboro

NEW DELHI India plans to seek an explanation from Philip Morris International Inc about its marketing practices after Reuters reported that the tobacco giant used tactics that government officials say flout the country's law, a health ministry official said on Friday.

2:33pm EDT

Wells Fargo ordered to pay $575,000, reinstate whistleblower

The U.S. Department of Labor on Friday ordered Wells Fargo & Co to pay $575,000 and to rehire a whistleblower the bank had dismissed in September 2011 after the former employee raised concerns over the opening of customer accounts without their knowledge, the agency said in a statement.

4:26pm EDT

Crimean scandal prompts Siemens to retreat from Russian energy

FRANKFURT/MOSCOW Germany's Siemens tried to distance itself from a Crimean sanctions scandal on Friday, halting deliveries of power equipment to Russian state-controlled customers and reviewing supply deals. | Video

Lemonheads owner Ferrara eyes Nestle's candy business: sources

Ferrara Candy Co, the owner of candies such as Lemonheads and Now & Later chews, is preparing to participate in the auction for Swiss food group Nestle SA's U.S. candy business, people familiar with the matter said on Friday.

U.S. fines American, Delta, Frontier for violating over consumer rules

WASHINGTON The U.S. Transportation Department said on Friday it has fined Frontier Airlines, American Airlines and Delta Air Lines for violating the department’s airline consumer protection rules.

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Monetizing the Dallas Cowboys brand

Dallas Cowboys Chief Operating Officer Stephen Jones talks about maximizing the value of his team.   Full Article 

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