Business

Business Burger King buying Tim Hortons for about $11 billion Burger King buying Tim Hortons for about $11 billion
Burger King says it struck a deal to buy Tim Hortons Inc. for about $11 billion, a move that creates the world's third-largest fast-food company and could accelerate the international expansion of the Canadian coffee and doughnut chain.
Business Burger King in talks to buy Tim Hortons Burger King in talks to buy Tim Hortons
Burger King is in talks to buy doughnut chain Tim Hortons and create a new holding company headquartered in Canada, a move that could shave its tax bill.
Business Sales of US new homes fall in July Sales of US new homes fall in July
Fewer Americans bought new homes in July, evidence that the housing sector is struggling to gain traction more than five years into the economic recovery.
Business Toyota's most rugged Land Cruiser is back in Japan Toyota's most rugged Land Cruiser is back in Japan
Toyota Motor Corp. is bringing back the Land Cruiser 70 in Japan, catering to nostalgic demand for the rugged off-roader that's favored for challenging terrains and as an aid agency vehicle in disaster zones.
Business McDonald's names new US president again McDonald's names new US president again
McDonald's named a new president for its struggling U.S. division on Friday, marking the second change in the high-profile spot in less than two years.
Business Yellen: Job market makes Fed hesitant on rate hike Yellen: Job market makes Fed hesitant on rate hike
Federal Reserve Chair Janet Yellen said Friday that the Great Recession complicated the Fed's ability to assess the U.S. job market and made it harder to determine when to adjust interest rates.
Business US existing home sales rise for 4th straight month US existing home sales rise for 4th straight month
Sales of existing U.S. homes rose for the fourth straight month in July to their highest level in nearly a year, the latest sign that the housing recovery is picking up after stumbling at the start of the year.