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Updated: 4 min 41 sec ago

Great Plains Energy Buys Westar in Midwest Utilities Consolidation

8 min 18 sec ago
Missouri-based Great Plains Energy said it agreed to buy Kansas’s Westar Energy for roughly $8.6 billion in a move the utilities hope will lead to more controlled costs and consumer rates.
Categories: Business

Suzuki Motor Says More Cars Given Improper Fuel-Economy Tests

15 min 23 sec ago
Suzuki Motor said it used an improper fuel economy testing method on more models than it had previously announced, the latest revelation in a scandal that has rocked the Japanese auto industry.
Categories: Business

China's Coal-Plant Binge Deepens Overcapacity Woes

18 min 26 sec ago
Chinese companies are binge-building thermal power plants to take advantage of cheap coal and create jobs, though they are compounding an oversupply of power and complicating a government plan to shift to cleaner energy sources.
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Judge Finds Michael Dell, Silver Lake Underpaid for Dell in 2013

20 min 47 sec ago
Michael Dell and Silver Lake underpaid by more than 20% when they took Dell Inc. private three years ago for $24.4 billion, a Delaware judge ruled.
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Volkswagen Returns to Profit

21 min 4 sec ago
Volkswagen swung to a profit in its first quarter on the absence of new emissions-related charges, but operating earnings plunged at its large Volkswagen-brand unit and in China.
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U.S. Consumer Confidence Declined, Clouding Outlook

38 min 21 sec ago
Gauges of U.S. consumer confidence are sending mixed signals, fostering uncertainty about whether the recent pickup in consumer spending will be sustained into the summer months.
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Viacom Board Prepares for Fight

42 min 45 sec ago
Lead independent director Frederic Salerno said in a letter to Viacom constituencies the board is preparing for a legal battle to keep their seats because they don’t believe controlling shareholder and former chairman Sumner Redstone has the mental capacity to act of his own free will.
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Icahn Takes Stake in Allergan

1 hour 31 min ago
Activist investor Carl Icahn said he has taken a “large position” in Allergan and threw his support behind the pharmaceutical company’s CEO, Brent Saunders.
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U.S. Tech Firms Agree to EU Code of Conduct on Terror

1 hour 34 min ago
Google, Facebook, Twitter and Microsoft have agreed with the European Union to remove from their websites information visible in Europe that incites hatred or acts of terror to help combat the growing threat of terrorism on the continent.
Categories: Business

Jazz Pharmaceuticals Agrees to Buy Celator for About $1.5 Billion

1 hour 34 min ago
Jazz Pharmaceuticals agreed to buy Celator Pharmaceuticals in a roughly $1.5 billion deal that represents a huge premium for a company with a promising leukemia drug but no revenue.
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Housing Market Picks Up Momentum as Prices Advance

1 hour 37 min ago
Home prices rose strongly in March, the latest sign the housing market has momentum heading into the critical spring selling season.
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U.S. Consumer Spending Climbed at Fastest Pace in Nearly Seven Years

1 hour 56 min ago
Consumer spending advanced at the fastest pace in nearly seven years in April—jumping 1.0%— in the latest sign the economy is improving after a sluggish start to the year.
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Business Lobby Launching Effort to Keep GOP in Control of Senate

3 hours 31 sec ago
The U.S. Chamber of Commerce will deploy influential Republicans to raise funds for tight Senate races, aiming to keep the GOP from losing control of the Senate in November.
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Foreign Business Groups Protest Proposed Chinese Insurance Rules

3 hours 21 min ago
Several American and international business groups signed a draft letter of protest against proposed Chinese regulations for the insurance sector that they say could result in discrimination against foreign technology companies.
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Starbucks Expands Cold Offerings

3 hours 22 min ago
Starbucks said it was adding new cold coffee offerings, including Nitrogen-infused coffee, in seven major U.S. cities this summer.
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EgyptAir Crash Ups Pressure to Find Alternative to 'Black Box'

3 hours 43 min ago
The challenges that accident investigators are facing locating crash recorders from EgyptAir Flight 804 almost two weeks after the plane went down is reinforcing efforts by Airbus to find alternative ways to tap crucial flight data from lost aircraft.
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Venture Capital and Its Discontents

4 hours 42 min ago
The cultural dominance of venture capital and hypergrowth for startups is provoking a backlash in tech, with some VCs and founders working on a more “organic” way to grow new businesses.
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'X-Men' Sequel Rises to the Top

5 hours 25 min ago
Two Hollywood franchises turned in disappointing box-office performances on Memorial Day weekend. “Alice Through The Looking Glass” flopped, while the superhero sequel “X-Men: Apocalypse” opened to $80 million.
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Rocket Internet Says Portfolio Companies Are Progressing Toward Profitability

6 hours 24 min ago
Key companies in the portfolio of web-retailing group Rocket Internet narrowed their adjusted losses in the first quarter.
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Airbus Ponders How to Blunt Boeing Range Advantage

6 hours 25 min ago
Airbus is studying whether to upgrade its new A330neo jetliner to blunt the range advantage of the plane’s main rival, Boeing’s 787-9 Dreamliner.
Categories: Business