Court orders property developer China Evergrande Group to liquidate after it was unable to reach a deal with creditors

Exxon Mobil is suing two activist investors to prevent their proposal calling for emissions cuts at the oil giant from coming to a vote of shareholders. In a complaint filed in U.S. District Court for the Northern District of Texas on Sunday, Exxon accused the investors, Arjuna Capital and Follow This, of abusing the process…

Levi Strauss forecast annual sales and profit below Wall Street expectations on Thursday and said it would cut 10% to 15% of global corporate jobs as the denim maker seeks to rein in costs amid weakness in its wholesale business. Levi attributed the weak forecast to plans to exit its Denizen brand and cut back on off-price sales,…

A proposed tax that would help fund new stadiums for the Super Bowl champion Kansas City Chiefs and baseball’s Kansas City Royals was shot down by a local Missouri legislator. Jackson County Executive Frank White vetoed an ordinance Thursday that would have put a 3/8th-cent sales tax renewal on the April ballot to fund the…

U.S. stocks closed higher following signals that the economy is growing more powerfully than economists expected

Movie theaters and audiences settled for seconds this weekend. With no new wide releases on the schedule, a mob of holdovers sustained the North American box office, which was led by “ The Beekeeper ” in its third week of release. Amazon MGM Studios’ Jason Statham actioner earned $7.4 million to take the No. 1…

HARTFORD, Conn. — A 25-year-old professional dancer from England who moved to New York City to pursue her career has died after eating a mislabeled cookie containing peanuts, part of a batch that has since been recalled. The grocery retailer Stew Leonard’s announced Tuesday that Vanilla Florentine Cookies sold in its stores in Danbury and…