Toyota said Friday it has sold some of its stake in Tesla Motors, days after German luxury car maker Daimler disclosed it had divested its Tesla shares for a sizable gain.
Mexican telecommunications company América Móvil expects to complete the spinoff of its mobile towers in Mexico by the beginning of the second quarter of 2015.
Trinity Industries said its Trinity Highway Products unit will stop shipments of its ET-Plus guardrail systems until more crash testing is completed.
The Federal Communications Commission said it is delaying to 2016 a highly anticipated spectrum auction in which TV broadcasters will sell airwaves so they can be used for mobile broadband.
The company said third-quarter orders in North America had improved by 73% year-over-year.
Digital music sales at Apple iTunes store have fallen 13% to 14% world-wide since the start of the year, according to people familiar with the matter, underscoring the fragility of the music industry’s nascent recovery.
Bristol-Myers Squibb Co. reported a smaller-than-expected decline in third-quarter revenue, despite lost sales as the result of the pharmaceutical company’s exit of a diabetes alliance earlier this year.
Dublin-based drug maker Shire revised its earnings guidance after record sales growth, only a week after U.S. peer AbbVie pulled out of a $54 billion takeover.
UPS said its revenue rose 5.7% in the latest quarter, boosted by a higher number of deliveries from overseas, and added that it expects shipments in December to jump 11% from a year ago.
Norway’s Statoil has secured an exploration permit in the Northern Carnarvon Basin in the northwest part of Australia, its third asset in the country.
Ford Motor won’t invest in putting new, smaller engines in plants in Windsor, Ontario, and instead will put the investment in Mexico, according to the union that represents auto workers in Canada.
H-P is seeking a buyer for its corporate-networking business in China, in a deal that could return the operation to local control, according to people familiar with the situation.
The U.S. Postal Service this week won approval for a two-year grocery delivery test, giving letter carriers permission to continue to deliver totes containing food in the San Francisco area.
Pepsi confirmed that it will test some of its drinks in SodaStream International’s home-carbonation machines in the U.S.
Italy’s highest court cleared fashion designers Domenico Dolce and Stefano Gabbana of tax evasion charges Friday.
LyondellBasell Industries said its third-quarter earnings rose 6.7%, led by a 40% increase in operating revenue from the olefins segment in the Americas.
Cabot Oil Gas Corp. said its third-quarter earnings grew 44% on the strength of higher production volume in key segments.
Chiquita has terminated its deal with Irish food company Fyffes and said it instead plans to enter negotiations with Cutrale-Safra, the coalition between a Brazilian orange juice maker and an investment firm.
P&G said it plans to exit its Duracell battery business and will likely split the operation off into a separate company, part of its plan to shed up to half its brands to simplify and speed sales growth.
U.K. economic growth slowed in the third quarter, official data showed, in the latest sign the global recovery may be losing steam.
Luxottica Group SpA founder Leonardo Del Vecchio said his family won’t try to interfere with the world’s largest eyewear maker’s new management plans.
Indonesian prosecutors are increasingly bringing criminal charges against employees of large companies for allegedly causing losses to the state, a development that is chilling the business community there.
AT&T is enjoying its lowest-ever “churn” rate, but is also facing an uncomfortable situation: up to 10 million of its most lucrative wireless customers may be free to walk out the door.
Digital River said it has agreed to be acquired by an investor group led by Siris Capital Group for $831.5 million in cash.
The National Highway Traffic Safety Administration will brief the U.S. House Energy and Commerce Committee next week on the steps it is taking to oversee Takata Corp.’s air bag issue.
Lear Corp. said its third-quarter profit rose 24% as the automotive-seating and electric-systems company posted sales growth in most of its geographies, with particularly strong increases in China and North America.
Colgate-Palmolive Co. said its third-quarter earnings fell 17%, warning that deteriorating foreign exchange rates are weighing on its results.
Activist investor ValueAct Capital Management disclosed a 5.7% stake in Canadian fertilizer giant Agrium Inc., which last year beat back a challenge from Jana Partners.
Ford said third-quarter net income fell to $835 million from $1.27 billion a year ago as lower production, and warranty and recall costs led to lower profits in North America, and losses in Europe hurt results.
Europe’s pensions industry has accused its European Union regulator of over-reaching its authority by pursuing plans to develop what pension funds say amounts to a new and onerous capital regime.