Electric-aircraft startup backed by Boeing accuses rival of stealing secrets
The market for electric aircraft is in its infancy but holds huge promise. The prospect of “Jetsons”-like flying vehicles has inched closer to reality in...
Deal to acquire Extended Stay America is a $6 billion bet on travel rebound
The investment firms Blackstone and Starwood Capital announced that they planned to acquire the hotel operator Extended Stay America for $6 billion, the latest deal...
U.S. Chamber of Commerce gets its first female leader
The U.S. Chamber of Commerce has appointed Suzanne Clark as its next chief executive, one of the most powerful jobs in business. She will become...
Guitar Center files for bankruptcy
The company, which was struggling to compete against online rivals even before the pandemic, was hit hard when it was forced to temporarily close most...
Kind Bars to be acquired by Mars, the maker of Snickers
Mars, a giant in the candy bar world, will purchase Kind North America, which emphasizes healthy snacks. Mars got its start in 1911 in a...
Do Dunkin’ and Arby’s go together? Private equity group bets $11 billion they do
Dunkin' Brands is being acquired by Inspire Brands for $11.3 billion. Inspire is the holding company that owns Sonic Drive-In, Jimmy John’s, Arby’s, Buffalo Wild...