Samsung Electronics Ltd. asked a judge to declare invalid a contract under which the company paid Microsoft Corp. more than $1 billion last year, according to a court filing.
BHP Billiton is the world’s largest mining company by market value with operations in 25 countries. So what’s one of the first things its chief executive advised his board when he joined: Break it up.
A Virgin Galactic rocket ship that was supposed to take the first space tourists next year—starting with billionaire entrepreneur and company founder Richard Branson—exploded during a test flight, killing one pilot.
Nucor Corp. is in talks to invest in Cliffs Natural Resources Inc.’s Bloom Lake iron ore mine in Canada.
Workers at the Indonesian unit of Freeport-MacMoRan called off a planned month-long strike in the company’s mine in the eastern province after talks with the company’s management.
Gottfrid Svartholm Warg has been found guilty alongside a 21-year old Danish accomplice of hacking into systems operated by the Danish arm of Computer Sciences Corp.
Following several years of heavy losses and restructuring that cost thousands of jobs, the electronics giant now says it is ready to spend more on growth through acquisitions and alliances.
Madison Square Garden Co. said its revenue increased 12% in the latest quarter, benefiting from strength at its entertainment and sports segments and a gain from the sale of the Fuse network.
Japan’s largest mobile network operator will start selling high-speed broadband and mobile services in a single, discounted package as it responds to fierce competition and a sharp earnings decline.
Telecom company Altice is set to make a firm offer to buy PT Portugal from its Brazilian owner, according to people familiar with the matter.
Mexico’s planned construction of a $10 billion broadband network, with more than 20,000 antennas, could provide an alternative to Mexico’s dominant carrier, Telcel, which is owned by billionaire Carlos Slim.
An emerging FCC plan to give the agency more authority to regulate traffic on broadband Internet networks is shaping up as the classic Washington compromise. No one loves the idea, and everyone is sure it will wind up in court.
U.S. car-safety regulators disclosed a new air bag recall for a problem unrelated to an earlier recall affecting 7.8 million older vehicles, raising questions about the breadth of the problem of air bags that can explode with too much force.
Dominion Resources said its third-quarter earnings fell 7%, dented by a season of milder-than-usual weather.
Omega Healthcare agreed to buy Aviv REIT in an all-stock deal valued at $1.65 billion, further consolidating the fragmented skilled-nursing facility sector.
Nissan Motor is recalling a small batch of Infiniti luxury vehicles over concerns air bags that could rupture and send metal fragments through the cabin, according to the National Highway Traffic Safety Administration.
Dollar General said it is extending its $80-a-share tender offer to buy Family Dollar Stores by two months, as the offer remained well undersubscribed.
AbbVie boosted its earnings guidance for the year and posted higher sales in the company’s first earnings report since its megamerger with Shire fell apart.
ApplePay’s recent launch in the U.S. is the latest indication that paying for things with our phones will become more normal, but for most, “normal” remains some way away.
With most pension funds investing a large proportion of their assets in debt, Japan’s government pension fund has turned the other way and slashed its debt holdings and moved further into local and foreign stocks in a bold move into riskier allocations.
The U.S. unit of Australian oil and gas company Marion Energy Ltd. on Friday filed for Chapter 11 bankruptcy protection.
A Caterpillar Inc. spokeswoman said Friday the company believes its accounting treatment of the 2011 acquisition of Bucyrus International Inc. was “appropriate.”
Ford Motor said it is encouraged by data it has collected on the initial interest in the updated version of its F-150 pickup truck, which carries costly fuel-economy improvements.
Three telecommunications companies operating in Brazil, Spain’s Telefónica SA, Mexico’s América Móvil SAB and Brazil’s Oi SA, agreed to join forces to make an offer to acquire Telecom Italia SpA’s local unit, TIM Participações, according to two people close to the talks.
Fiat Chrysler’s Ferrari sports-car subsidiary has agreed to pay a $3.5 million civil fine for failing to report three fatalities and make other required safety defect reports to U.S. regulators.
Chevron said its third-quarter profit increased 13% on asset sales and strength in the refining, marketing and chemical segment, despite lower revenue and production.
Clorox said its sales edged up 1% in the latest quarter, driven by gains in the household segment and overall higher volume.
Exxon said its third-quarter earnings edged up 2.5% as higher refining margins and improvements at its refining and marketing segment helped offset lower production.
Newell Rubbermaid said that it will pursue the sale of its Endicia online postage and Calphalon retail outlet stores and kitchen electrics businesses to create a more focused portfolio.
Hilton Worldwide said its third-quarter profit edged down on higher expenses, but the hotel operator raised its outlook for the year on strong revenue and occupancy rates.