The deal ends more than 80 years of family ownership of Stokke and is reported to value the company at $480 million.
The Russian energy company has submitted written proposals to EU regulators about its pricing and other practices.
Qualcomm named its chief operating officer, Steve Mollenkopf, as its new chief executive, amid reports that Microsoft was interested in him.
Farmers and meat-industry officials said they embrace the Food and Drug Administration's effort to limit the use of antibiotics in livestock even as they don't see it changing much.
A judge ruled Anadarko could be liable for at least $5 billion in a lawsuit over environmental and legal liabilities related to its 2006 acquisition of Kerr-McGee.
The DOT will look at banning in-flight phone calls, a surprise announcement issued just hours before the FCC voted to consider abolishing a 22-year-old ban.
Globally diversified mining company Anglo American PLC said Thursday that it has made progress toward bolstering the company's profitability but said it expects to face headwinds next year as it continues to implement its turnaround plan.
Co-Chief Executive Carlos Alberini will become the chairman and chief executive of Lucky Brand, and Restoration raises its fiscal year guidance while reporting a surge in quarterly profit and revenue
Cisco lowered the bar for itself by cutting its revenue outlook. Clearing it, though, isn't a given.
KKR & Co. and Goldman Sachs Group's private-equity arm quietly closed out their investment in the retailer,agreeing to pay nearly three times what they offered in the retailer's IPO.
Two experimental breast-cancer drugs passed a major milestone in a closely watched study that is part of a growing effort to revamp clinical trials and hasten the path of new medicines to the market.
Simon Property Group plans to spin off all its strip centers and smaller enclosed malls into an independent, publicly traded REIT.
To cut out IMAX, the top premium theater chain, rival movie groups invest in oversize screens, enhanced sound, luxury seats.
Facebook's Instagram app is launching a photo- and video-messaging service, soon after popular mobile app Snapchat spurned a $3 billion offer from the social network.
Even some sponge makers think their product has an image problem. But marketing and science are coming together to try to overcome this homely tool's shortcomings. Yet, the U.S. sponge market is growing slowly.
Google's hopes of settling its high-profile antitrust case in the EU suffered a setback Thursday as rivals and consumer groups publicly blasted its latest proposal for resolving the EU's competition concerns.
Anglo American PLC said it secured two large sales agreements for iron ore produced from the $8.8 billion Brazilian Minas Rio project and confirmed it remains on course to start commercial production by the end of next year.
Jones Group is close to a deal to sell itself to private-equity firm Sycamore Partners in a roughly $1.2 billion offer for the footwear and apparel maker.
The industrial conglomerate issued profit and revenue targets for 2014 that mostly fell short of Wall Street's expectations.
Heard on the Street: Retail-sales numbers show department stores continue to struggle. But J.C. Penney is finally finding a way to tread water.
The shopping season is getting trickier to navigate as buyers are waiting longer to purchase gifts, Lego's chief financial officer said, and the trend is creating a need to get more immediate buying data from retailers.
Las Vegas Sands said it is shelving a proposal to build Europe's largest integrated gambling and leisure resort in Spain, a setback for the country's government.
Boeing's talks with its largest union on a contract designed to secure manufacturing of its planned 777X jet in Washington state have collapsed after union leaders rejected the company's latest proposal.
Lululemon lowered its outlook after saying hits to its reputation and continuing quality problems hurt sales of its yoga gear in November.
Coca-Cola announced a shakeup of its Americas business, saying president Steve Cahillane was leaving the soda giant.
Cisco Systems on Thursday issued a slightly lower revenue outlook for next year, noting that it needs to "further improve its business model" to reach its current goals.
DirecTVis exploring the idea of an online video service that would appeal to "price-sensitive" young people or other customers who have dropped their pay-TV service.
Martha Stewart Living Omnimedia cutting 70 jobs, less than two months after hiring Daniel Dienst as its new chief executive.
The Houston Rockets are trying to persuade two major cable providers to begin broadcasting the struggling Comcast SportsNet Houston television channel.
Hilton Worldwide's CEO says the hotel company expects to introduce a new brand in 2014 aimed at affluent, young travelers by emphasizing style and design.