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Updated: 4 min 24 sec ago

Fiat Chrysler to Pay CEO $72 Million

5 min 33 sec ago
Fiat Chrysler CEO Sergio Marchionne stands to earn $72 million for engineering a deal that created the world’s seventh-largest car maker and led to a 61% surge in the company’s stock price last year.
Categories: Business

Google's Android to Take On Facebook in Virtual Reality

6 min 36 sec ago
Google has assembled a team of engineers to build a version of the Android operating system to power virtual-reality applications, according to two people familiar with the project
Categories: Business

Self-Braking Cars Are Safer, but Do They Boost MPG?

18 min 22 sec ago
Fewer accidents should lead to better fuel economy, a fact the auto industry wants Washington regulators to recognize when doling out credits for coming mileage targets.
Categories: Business

Oil on Derailed Train Shipped by Mercuria Energy

25 min 43 sec ago
The crude oil aboard the train involved in a fiery derailment in Illinois was shipped by a big energy-trading company based in Switzerland.
Categories: Business

FDA Approves First Copy of a Biotech Drug

31 min 45 sec ago
The FDA approved its first “biosimilar” drug, a decision expected to launch a new industry of lower-cost versions of expensive drugs that could help the U.S. curb its $376 billion in yearly drug spending.
Categories: Business

Justice Department Requests Info From Intuit

1 hour 9 min ago
TurboTax maker Intuit Inc. said the U.S. Justice Department has formally requested information from the company and said it has been contacted by the Federal Trade Commission.
Categories: Business

Alcoa Studies Capacity Reductions

1 hour 14 min ago
Alcoa said it would look at cutting or selling up to 14% of its global smelting capacity, as it continues to fight sluggish prices and an oversupplied global market.
Categories: Business

Bank of America Follows Internet Companies Into the Cloud

2 hours 37 min ago
Bank of America’s move toward a software-defined data infrastructure reflects the migration of state-of-the art information technology developed by Internet companies into the broader economy.
Categories: Business

Tesla: Battery Factory on Schedule

3 hours 20 min ago
Tesla Motors said the construction progress for its $5 billion battery factory near Reno, Nev., is still on schedule and nothing has changed after a report that there may be a delay in work.
Categories: Business

Staples Swings to Loss on Write-Down

3 hours 40 min ago
Staples reported another quarter of declining sales and dwindling store traffic, deepening the retailer’s challenges while it awaits regulatory approval for its $6.3 billion takeover of Office Depot.
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Apple to Join Dow, Replacing AT&T

3 hours 43 min ago
Apple will join the Dow Jones Industrial Average this month, a long-anticipated change that adds the world’s most-valuable company to the 119-year-old blue-chip index.
Categories: Business

This Stock Made China's Richest Man, but Why Is It Rising So Much?

3 hours 46 min ago
Solar-power manufacturer Hanergy Thin Film Power Group has become the unlikely star performer of the Hong Kong Stock Exchange in a development that is troubling market watchers.
Categories: Business

SAP to Cut Jobs Amid Transition

5 hours 25 min ago
SAP said it plans job cuts that could affect as much as 3% of its current global workforce, as the German software company transitions from offering installed applications to a cloud-based business model.
Categories: Business

EU Court Rules E-Books Are Services, Not Goods

5 hours 49 min ago
Electronic books cannot share the same reduced rate of value-added tax as paper books, the top EU court ruled, because e-books are ‘electronically supplied services,’ not goods.
Categories: Business

Sika Setback in Fending Off Saint-Gobain

7 hours 4 min ago
Sika suffered a setback in its battle to prevent a takeover by France’s Saint-Gobain as the body governing acquisitions in Switzerland ruled in favor of the founding family’s plan to sell its interest.
Categories: Business

Apple Pay Stung by Low-Tech Fraudsters

7 hours 40 min ago
Apple’s new mobile-payment system has been hit by a wave of fraudulent transactions using credit-card data stolen in recent breaches of big retailers.
Categories: Business

Canada Raises C$2.1 Billion in Wireless-Spectrum Auction

7 hours 54 min ago
The Canadian government raised 2.1 billion Canadian dollars in a wireless-spectrum auction aimed at fostering greater competition and bringing down prices for mobile services in the country.
Categories: Business

Ecopetrol Names Former Finance Minister CEO

8 hours 41 min ago
Juan Carlos Echeverry, former finance minister with close ties to the government, was elected as the new chief executive of Ecopetrol.
Categories: Business

Eli Lilly Loses Alimta Patent Case

8 hours 44 min ago
A German court ruled that Eli Lilly & Co. cannot prevent a competitor from selling a generic form of its key Alimta cancer drug once the patent expires this December.
Categories: Business

Elaine Wynn Launches Bid for Board Seat

9 hours 12 min ago
Wynn Resorts co-founder Elaine Wynn launched a bid to remain on the board, the latest power struggle at the casino operator.
Categories: Business