Most talked about Fortune stories

Family Dollar rejects Dollar General’s $9.7 billion bid — Family Dollar has rejected a $9.7 billion takeover bid by Dollar General, saying the board has opted to stick with a less lofty offer by Dollar Tree amid concerns about antitrust issues.
Aug 21, 2014

RT @Johnnerkell: My story on Family Dollar's rejection of Dollar General's takeover bid. No word yet from the $DG folks. $FDO $DLTR…

Aug 21, 2014

My story on Family Dollar's rejection of Dollar General's takeover bid. No word yet from the $DG folks. $FDO $DLTR…

Aug 21, 2014

RT @FortuneMagazine: The dollar store saga continues: Family Dollar has just rejected Dollar General's $9.7 billion takeover bid

At Indiegogo, workforce diversity that outpaces big tech firms — Indiegogo, the crowdfunding website where entrepreneurs can raise cash, says women make up 45% of its overall staff, a much larger figure than those revealed in recent months by large tech firms. In a report today, the company, which has offices in San Francisco and New York, announced that 33% of its technology employees and 43% of its senior leaders are women.
Aug 21, 2014

RT @wadhwa: At Indiegogo, workforce diversity that outpaces big tech firms by @CFair1 > Congrats @gogoDanae !

McDonald’s faces risk of mass shutdown in Russia as checks spread — There are times when it doesn't pay to be the global face of the American way of life. McDonald's Corp is facing a possible mass shutdown of its restaurants in Russia in what appears to be a thinly-veiled retaliation at U.S. sanctions on the country for its role in stoking the Ukrainian conflict.
Aug 21, 2014

Russia's food safety watchdogs are shocked - shocked! - to find (fill in random violation here) at Moscow outlets -

Jackson Hole and Burning Man — Hello, friends and Fortune readers. A relatively quiet morning in the business world, as executives are no doubt enjoying late August at the beach before a busy fall. But even on a slow day information is king, so here's what you need to know in business news today. 1.

Dollar Tree punts on Family Dollar bidding war — Dollar Tree issued its highly anticipated quarterly report on Thursday - and declined to escalate its bid for Family Dollar after rival Dollar General swooped in with a higher offer. The report, which is more notable for what it didn't say that what it did, made almost no real mention of the proposed Family Dollar acquisition.
Aug 21, 2014

RT @FortuneMagazine: Dollar Tree won’t raise its bid for Family Dollar after rival Dollar General swooped in with a higher offer $DLTR

Where is Apple’s cash? — Two years ago, Apple paid its first dividend since 2005. The company has now shelled out roughly: $21.5 billion in dividends $53 billion buying its own shares . That's $74.5 billion that did not pile up in Apple's coffers - coffers that had grown conspicuously large in Steve Jobs' time.

Eurozone, Asian PMIs point to softer global economy in August — Global growth outside the U.S. appeared lost momentum in August, according to business surveys of some of the world's largest economies published Thursday. The Purchasing Mangers Indices for China and the Eurozone both fell, although both remained at levels consistent with economic growth, preliminary estimates showed.
Aug 21, 2014

#PMIs point to fading stimulus effect in China, resilience in Japan and more slow grind in Eurozone -

CalPERS quietly sold part of Silver Lake stake — America's largest public pension system quietly sold around 30% of its stake in tech-focused private equity firm Silver Lake Partners in early 2013, Fortune has learned. The California Public Employees' Retirement System (CalPERS) originally invested around $275 million in 2008 for a 9.9% stake in Silver Lake's management company, similar to how it previously had bought into the management companies of The Carlyle Group and Apollo Global Management (when both firms were still privately-held).

Barnes & Noble launches Samsung tablet with eye on e-books comeback — Barnes & Noble has finally re-entered the tablet fray with its first full-fledged device launch in two years on Wednesday. Its primary goal? Not to sell devices, but to win back the share of the e-books market it lost after the Nook tablets it previously designed and made itself flopped and drained its coffers.
Aug 20, 2014

Barnes & Noble's path to e-book rebirth goes thru Samsung @FortuneMagazine $BKS new tablet just a Galaxy+Nook sftwr

With BlackBerry’s Passport, hope for a silver bullet — BlackBerry may be on the ropes, but the company hasn't lost the will to fight. Next month, the company is expected to release the Passport, a new model of smartphone that fuses the company's signature QWERTY keyboard, slimmed to three rows and strictly alphabetical, with an unusual 4.5-inch square display.

Record auto recalls cost Hertz, Avis big as fleet supply shrinks — General Motors isn't the only company struggling under the weight of millions of auto recalls. The pain has trickled down to car rental companies, which are struggling with added costs and low supply due to the faulty vehicles.
Aug 20, 2014

Car rental companies are feeling the pain of this year's massive auto recalls--and it's affecting their bottom lines…