TOKYO - Asian shares won a reprieve on Friday after the European Central Bank signalled its readiness to take further steps to shore up the European economy, and investors looked to U.S. jobs data.
Recent Business News
WILMINGTON, Del - Gun maker Colt Defense and its creditors are close to a deal on a plan to bring the company out of bankruptcy, but if it fails, the business will go on the auction block next month, a company lawyer told a judge on Thursday.
LOS ANGELES - Chipotle Mexican Grill Inc , known for its indulgent burritos, is battling a "Chubby Chipotle" ad campaign from the food industry group whose "Nanny" ads helped sink New York City's ban on super-sized sugary drinks.
- Snack food company B&G Foods Inc said it would buy General Mills Inc's Green Giant frozen foods and Le Sueur canned vegetables brands for about $765 million to expand its distribution network and enter the frozen foods market.
NEW YORK - Boeing Co said on Thursday it had booked an order for 27 of its 737-800 aircraft, worth about $2.6 billion at list prices, from UK airline Jet2.com.
- Genzyme Corp agreed to pay $32.59 million, admit wrongdoing and enter a deferred prosecution agreement to resolve U.S. criminal charges over its marketing of the surgical implant Seprafilm, the Department of Justice said on Thursday.