Business News / Business

Walgreens names new CFO

Walgreens Boots Alliance has a new chief financial officer.

George Fairweather, formerly the group finance director at Alliance Boots, has been appointed global chief financial officer effective Feb. 20, replacing Tim McLevish. The company was ...

Post buys MOM Brands for $1.15 billion

MINNEAPOLIS -- The maker of Malt-O-Meal, a 95-year-old Minnesota company still owned by its founding family, will be purchased by Post Holdings for $1.15 billion, combining the third and fourth largest U.S. cereal makers.

MOM Brands, as the Malt-...

Microsoft reports lower quarterly earnings

SEATTLE -- Microsoft ended 2014 on a mixed note, earning a profit that met the expectations of Wall Street analysts but came in well below the previous year as the company dealt with restructuring charges and an income tax hit.

The company, based...