As the Food and Drug Administration continues to figure out how to regulate the rapidly accelerating use of electronic cigarettes, states are taking matters into their own hands.
Brazilian mining giant Vale SA plans to slash dividends to the lowest level in eight years in a bid to shore up cash amid spiraling commodities prices.
Shares of Shake Shack Inc., rocketed up 119% on their first day of trading from their initial public offering price of $21 each, ending at $45.90 in 4 p.m. trading and giving the operator of 63 restaurants a valuation topping $1.6 billion.
AT&T spent $18.2 billion in the latest sale of U.S. wireless licenses, easily topping other bidders and capping a yearlong spending spree that has raised concerns the telecom giant is getting stretched.
Pilots from American Airlines Group Inc. and US Airways approved a joint contract Friday after months of negotiations, a major step in American’s path to integration since its 2013 merger with US Airways.
Lear Corp. said its fourth-quarter profit more than doubled as the automotive-seating and electric-systems company posted strong growth in North America, its largest region.
Shares of Shake Shack, a restaurant chain known for its burgers and crinkle-cut fries, opened at $47.21 in their market debut, 125% above their IPO price.
Alibaba Group’s public fight with the Chinese government over fakes is putting a spotlight on a little-known but increasingly aggressive regulatory agency that is seeking greater sway over the country’s vast e-commerce market.
Tyson Foods posted a better-than-expected 24% jump in revenue in its December quarter as sales in its packaged food segment surged. The results topped Wall Street expectations.
Japan’s two biggest airlines are taking a wary stance over helping Skymark Airlines after it filed for bankruptcy protection earlier this week.
Monsanto shareholders rejected a stockholder proposal urging the separation of the chairman and CEO roles, but approved a nonbinding proposal requesting “proxy access” adoption.
Shire’s drug Vyvanse became the first drug approved for sale in the U.S. to treat the estimated 2.8 million adults who have a binge-eating disorder.
A bankruptcy judge Friday paved the way for Dendreon to auction its flagship, Provenge, to the highest bidder, a day after Valeant Pharmaceuticals set a $296 million floor price for the prostate cancer drug.
For marketers, Super Bowl commercials are just part of the blitz for the big game. Ad executives say it is equally important to make a splash with eye-catching displays at retail stores to reinforce a brand’s message.
Britain’s Daily Mail & General Trust said Friday it has acquired cultural news website Elite Daily as part of a plan to broaden its footprint in the U.S.
Chinese regulators said late Friday that they will be working with e-commerce giant Alibaba Group Holding Ltd. to fight counterfeit products sold online.
Consol Energy Inc. said its revenue and production volume rose in the most recent quarter.
AbbVie Inc. reported fourth-quarter results that topped Wall Street expectations amid strong sales growth, even as expenses related to its scuttled merger with Shire PLC dragged the company to a loss.
Altria Group posted increased revenue in the fourth quarter as higher prices offset a decline in cigarette volume. The cigarette maker also said its operating chief, Dave Beran, would retire March 1 after nearly four decades with the company.
Toy maker Mattel confirmed a decline in sales and profit during the crucial holiday-shopping quarter, and said it would act with urgency to improve results.
Xerox cut its outlook for 2015, citing a weakening euro, and gave a disappointing outlook for its current quarter.
International Business Machines Corp. said Chief Executive Virginia Rometty will receive a $3.6 million bonus for her performance in 2014, despite annual declines in profit and revenue at the computing giant.
Lower oil prices should cause more U.S. consumer spending, which will stimulate demand for commercial trucks this year, Paccar said.
A federal appeals court upheld Federal Trade Commission findings that pomegranate-juice maker Pom Wonderful made false and misleading claims its products were effective in fighting heart disease and prostate cancer.
All Nippon Airways agreed to buy eight new planes from Boeing in an order valued at about $1.4 billion, while also taking $828 million worth of Airbus Group planes.
Beazer Homes USA Inc.’s loss widened in its December quarter as home closings fell and the company was hit by unexpected warranty costs that eroded profitability.
Apple, Google and Amazon reached an accord with Italy’s competition authority that allows the U.S. companies to avoid fines for allegedly misleading people to make purchases in mobile phone apps that are initially free to download.
Chevron Corp. posted better-than-expected results in its December quarter, as asset sales and strength in its refining segment helped offset tumbling crude oil prices.
The flight attendant at the center of the “nut rage” incident involving the daughter of the chairman of Korean Air said she lied about what happened because she felt pressure from company executives to speak well of the heiress.
Eli Lilly and Co. said foreign-exchange pressures weighed on sales in the most recent quarter as the pharmaceutical company continued to suffer the impact of patent expirations on some of its key drugs.