After sustaining a crushing load of debt for more than a decade following its 2005 buyout, Toys ''R'' Us Inc. succumbed to what it called a “dangerous game of dominoes” that toppled it in a matter of days.
Sprint Corp. and T-Mobile US Inc., in preliminary deal talks since at least August, agreed that Deutsche Telekom AG would have control in a combination of the two companies, said a person with direct knowledge of the matter.
However, past Amazon partnerships - specifically its deal with Toys R Us, which filed for bankruptcy on Monday night - reveal that seemingly mutually beneficial relationships don't always help both companies.
Chipotle confirmed Monday that it is ditching chorizo to make room for its queso on its menu. The spicy protein only accounts for about 3 percent of protein sales within the company, according to BTIG analyst Peter Saleh.
Less than four months after the 21-year old model officially signed on to promote the Adidas brand, the German athletic footwear maker has passed Nike's Air Jordan to become the No.