Grainger said its first-quarter profit edged up 2.3% as the industrial-goods supplier reported revenue growth in its U.S. business and strength online, masking lower sales in Canada.
Keppel Corp. said first-quarter net profit dropped 5% to $271 million in the absence of one-time gains that had bolstered income a year earlier.
PNC Financial Services Group said quarterly profit rose as the regional bank reported loan and deposit growth and lower expenses.
Hong Kong-listed Citic Pacific said it will buy the assets of its China state-owned parent, Citic Group, leading to the parent's being listed for the first time.
Shares in GEA Group jumped after the mechanical engineering company said it would sell its heat exchangers unit, valued at $1.8 billion, to Triton Advisers Ltd.
Danone reported a 5.2% drop in first-quarter sales, weighed down by unfavorable foreign-exchange movements in some key emerging markets and as the group's turnaround in the crucial Chinese market take time.
Tesco posted its second consecutive fall in full-year profit as the U.K. retailing giant continued to struggle at home and abroad.
A poor cultural fit is the primary reason top managers fail. Industry experts says job candidates as well as recruiters need to step up the diligence in the hiring phase.
OpenStack, an open-source program, has become a key factor as companies consider whether to keep computing operations in-house or turn them over to external services known as public clouds run by Amazon.com and others.
Despite challenges, a big surge in profits and revenue has put the Chinese e-commerce giant on track for a $15 billion stock sale, just shy of what Facebook sold when the social-networking firm went public in 2012.
St. Jude Medical Inc. said its earnings rose 12% as the medical device maker reported modest sales growth at its core heart-rhythm device business.
China's depreciating currency may be benefiting the nation's export-oriented industries, but other businesses are beginning to feel the pain, with some domestic companies expecting weaker quarterly results.
The White House will announce $500 million in grants aimed at increasing coordination between community colleges and industry groups and another $100 million to expand access to apprenticeships to boost job training, officials said.
Bank of America said it swung to a first-quarter loss as results were hurt by $6 billion in legal charges and slumping mortgage originations.
Shenzhen-listed Sainty Marine said a property developer in Nanjing has failed to repay a $16.9 million loan including interest.
Luxury clothing company Burberry Group reported a rise in second-half sales, helped by online growth, but said it expects currency movements to hurt profit.
IKEA is making its first wind-energy investment in the U.S.: It's buying a 98-megawatt wind farm in Hoopeston, Ill., about 110 miles south of Chicago.
Lego CEO Jørgen Vig Knudstorp discusses the future of plastic bricks in a digital world.
Amazon.com, Microsoft and Google are battling over the future of corporate computing, and companies that use their services are reaping the benefits.
Spanish telecom giant Telefonica SA is teaming up with an arm of private-equity powerhouse Blackstone Group LP in a mobile-advertising venture.
Abbott Laboratories' first-quarter earnings fell 31% as the health-care products company reported negative currency impact masked modest overall sales growth.
U.S. Bancorp's first-quarter earnings fell 2.2% as the regional lender posted weaker mortgage banking revenue.
Credit Suisse delivered a disappointing profit figure for the first quarter as the Swiss lender was weighed down by the performance of its investment bank.
Rolls-Royce and Daimler have valued the German auto maker's 50% interest in their joint venture at $3.36 billion.
Dutch semiconductor equipment maker ASML Holding said net profit for the first quarter of 2014 more than doubled, but cut its guidance for the second quarter on lower demand from some of its clients.
Finland's Metso has rejected Scottish rival Weir's proposal to merge the two engineering companies, saying the deal isn't in the best interests of its shareholders and it remains confident of its prospects as a stand-alone company.
China Southern Airlines said it will likely report a first-quarter net loss, the first sign that the recent weakening of China's currency is affecting a major industry.
Federal regulators plan to set aside a portion of choice spectrum for smaller wireless carriers at an auction of TV airwaves scheduled for next year.
More than 100 patients have experienced partial or permanent paralysis in recent years after having spinal-cord stimulators inserted in their backs, according to a Wall Street Journal analysis. The paralyzed patients received spinal stimulators made by a variety of companies, including Medtronic, St.
CSX Corp. said its first-quarter earnings fell 14% as winter-related disruptions contributed to higher costs and weighed on the railroad company's revenue growth.