Sears sales soften in 2nd quarter

...three years, bolstered by selling and leasing back some of its buildings to a new real estate investment trust.Chairman and CEO Edward Lampert, a billionaire hedge fund investor, combined Sears and Kmart in 2005, about two years after he helped...

Caterpillar says it could cut 10,000 jobs

...southwest of Chicago, after considering other locations. It said then that it would expand and modernize the complex. Chairman and CEO Doug Oberhelman wrote Thursday in a guest column for the Peoria Journal-Star that plans for the new headquarters...

DuPont names Breen as chairman and CEO

NEW YORK - DuPont's board of directors named Edward D. Breen as chairman and CEO after a month of holding those positions in an interim capacity.Breen was named as an interim leader last month after the sudden...

Valeant Pharmaceuticals cutting ties with Philidor

...ahead of a presidential election in which the soaring price of prescription medicines has become a top issue.Valeant Chairman and CEO J. Michael Pearson said Friday that the latest allegations prompted a loss of confidence in Philidor's operations...

Comcast's "Minions," high-speed Internet, drive 3Q revenue

...were the best for a third quarter in 6 years, and churn across all product categories continues to improve, said Chairman and CEO Brian Roberts in a printed statement.

Dell-EMC deal sets record for tech industry

...Dell said in a written statement.Dell will serve as chairman and CEO of the combined company. Joe Tucci, the chairman and CEO of EMC, will remain in those roles until the deal...

Alcoa splitting into 2 companies

...Alcoa to create two strong value engines that are now ready to pursue their own distinctive strategic directions," Chairman and CEO Klaus Kleinfeld said in a statement.The company has been shifting its focus to its more profitable automotive and...

FedEx lowers fiscal 2016 profit forecast after posting mixed results for 1st quarter

...percent on Jan. 4, and surcharges for oversized packages will go up in November, before the peak holiday season.Chairman and CEO Fred Smith said the Memphis, Tenn.-based company was "performing solidly given weaker-than-expected economic...

United Airlines CEO resigns in scandal linked to ex-official with Aiken ties

The chairman and CEO of United Airlines is stepping down in connection with an investigation into dealings with the agency that operates New York-area airports.

Home Depot separates itself from retail crowd in 2Q

...the second quarter was $59.42, a 1.7 percent increase, and the number of transactions rose 2.6 percent.Chairman and CEO Craig Menear said the consumer was the driver of the average receipt performance during the quarter, with it being...