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Federal prosecutors are seizing cars and cash from those using straw buyers to acquire vehicles in the U.S. and export them to China, where the cars fetch much more.
Online sales on "Cyber Monday" rose 21%, driven by strong growth in mobile sales, though the day's growth rate continued to slow as retailers unveiled discounts earlier into the shopping season.
Low-cost French telecom operator Iliad plans to offer 4G service at no additional cost, a signal that stiff competition could thwart European operators' hopes to make extra money from faster data service.
Lockheed Martin, Raytheon executives hopeful of deal to mitigate the impact of looming Pentagon cuts in fiscal 2014 and 2015.
The race to drill for oil is creating another boom—in sand, a key ingredient in fracking.
Pearson said it would buy one of Brazil's largest language school companies for $720 million to capitalize on rising demand as the country looks to learn English before the World Cup and Olympics.
Dow Chemical plans to shed at least $5 billion worth of low-margin businesses, including the products that sparked its creation more than a century ago.
Apple has acquired social-media analytics firm Topsy Labs for more than $200 million, according to people familiar with the matter. The startup specializes in data from Twitter.
FCC chief Tom Wheeler indicated he might support limiting big carriers like AT&T and Verizon Wireless from amassing airwaves at a coming spectrum auction, in good news for T-Mobile and Sprint.
Genetic-test maker 23andMe said it stopped all marketing of its service last week in response to a U.S. regulatory order.
French media company Lagardère and German car maker Daimler are set to face trial on charges of alleged insider trading of shares in European Aeronautic Defence & Space in 2006.
Deal includes rights to Nokia patents as well its smartphone products; about 32,000 Nokia employees are expected to join Microsoft.
Shares of government-run Petróleo Brasileiro slumped more than 8% after Petrobras said it would stop subsidizing fuel prices but didn't say how fast it would make the change or how big it would be.
The last remaining key partners in potash miner Uralkali agreed to sell their stakes, making the final step in a sweeping ownership change that could end turmoil that rocked the industry.
BMW's reign as the U.S. top-selling luxury-car brand is poised to end this year with sales of Mercedes-Benz vehicles topping its German rival for the first time in three years.
Forest Laboratories will cut 500 jobs, or 9% of its workforce, as part of a plan to eliminate $500 million in costs by 2016.
A company looking to revive the Saab automobile brand has launched production of the 9-3 Aero sedan, saying the vehicle will go on sale in Sweden next week with price tags starting at roughly $42,600.
The U.S. Supreme Court left in place a 2008 New York state law aimed at collecting millions in sales taxes from online purchases by state residents, rejecting a legal challenge by Amazon.com Inc.
Viewership is weak at business-focused cable TV channels CNBC, Fox and Bloomberg, in part a reflection of the way individual investors have ceded stock trading to large institutional investors.