Our Great City
Updated: 15 min 58 sec ago
Google's entry into the drone business brings financial and lobbying heft that should help the fledging industry overcome technical and regulatory obstacles.
As the FCC reviews Comcast's proposed purchase of Time Warner Cable, the agency is encouraging media companies to offer feedback confidentially. One gripe: a practice that gives cable giants the same terms as competitors.
A heart drug developed by Novartis reduced cardiovascular deaths by 20% when compared with a rival treatment.
Peter Hancock takes the helm at AIG on Monday, aiming to leverage the insurer's trove of data in a quest to boost profits.
Chinese e-commerce company Alibaba plans to launch its U.S. initial public offering, which could raise more than $20 billion, early in the week of Sept. 8.
Company struggles to unload a batch of 787s built during the height of its problems with the plane's design and supply chain snafus.
Europe's struggle to prevent ultralow inflation from derailing an already fragile economic recovery grew even more challenging as consumer prices weakened to a five-year low in August.
Tesco issued its third profit warning in as many years and said it would slash its interim dividend and reduce capital expenditure as the struggling grocery giant battles fierce competition.
China's biggest state-owned banks reported a surge in soured and castoff loans in the first half of the year.
Fiat said its reorganization to create Fiat Chrysler Automobiles is proceeding as enough shareholders opted to retain their holdings in what would become a company with a U.K. tax residency, Amsterdam headquarters and a primary stock market listing in New York.
Companies that sell electricity are desperately trying to find new ways to sell more kilowatts. Enticing Americans to adopt electric cars would give utilities' profits a jolt.
Electric-car maker Tesla Motors struck a deal to with China Unicom, a Beijing-based wireless phone provider, to expand its network of charging stations in China.
Spanish telecommunications company Telefónica said it expects to complete the $9.82 billion acquisition of Vivendi's Brazilian unit, GVT, by mid-2015.
The state fund that controls Malaysia Airlines announced the largest round of layoffs in the company's history, the centerpiece of a plan to revive a carrier battered by two recent air tragedies, as well as years of weak earnings.
National Australia Bank plans to exit its U.S. banking business as it focuses on its home markets, initially selling a minority stake in Great Western Bank via an initial public offering.
A+E Networks is nearing agreement to buy 10% of Vice Media for $250 million, in a deal that would value the youth-focused online media company at $2.5 billion, according to people familiar with the matter.
Finland's Angry Birds maker Rovio Entertainment has been struggling to refresh its lineup and change its revenue model.
Apple and Google are providing scholarships and developers kits to software coders as young as 13 years old, looking to land whiz kids interested in writing apps for their smartphones and tablet computers.
Tim Hortons Inc. would owe Burger King about $317 million if the Canadian company were to walk away from its $11 billion sale to the U.S. fast-food chain, according to the pair's merger agreement.