US Business News

NHTSA Reviews Chevy Impala Glitch

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The National Highway Traffic Safety Administration, acting out of "an abundance of caution," is conducting a limited review into some Chevrolet Impala models over a possible software glitch that can disable air bags.

FBI Interviews Glaxo Employees

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FBI agents have been interviewing current and former Glaxo employees in connection with bribery allegations made against the company in China, as fresh claims of corruption surface against Glaxo's operations in Syria.

There's No Flying in Drone School

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With a coming boom expected in the unmanned-aircraft industry, universities and colleges are scrambling to train pilots. But thanks to government rules, they can't actually get the devices off the ground.

Destination Maternity Drops Bid for Mothercare

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Maternity-apparel retailer Destination Maternity Corp. dropped its bid to buy U.K.'s Mothercare PLC in what would have been the first U.S. retail chain to try using a controversial tactic to reincorporate overseas to lower its tax bill.

An Online Real-Estate Giant Looms Large

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A possible merger of listing sites Zillow and Trulia could put the squeeze on brokers, some fear.

Storm Clouds Over Amazon Business

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New and deep-pocketed rivals threaten to squeeze profit margins in Amazon.com's cloud computing business, adding to investor concerns about the Seattle company's profitability.

Fox Bolsters Cash With BSkyB Deal

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British Sky Broadcasting Group said it agreed to buy all of Sky Italia and most of Sky Deutschland from Rupert Murdoch's 21st Century Fox, for more than $9 billion.

Aspen Insurance Shareholders Reject Endurance's Proposals

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Aspen Insurance Holdings Ltd. shareholders on Friday rejected Endurance Specialty Holdings Ltd.'s proposals to push forward its unsolicited takeover, Aspen said.

Tariffs Boost Solar-Panel Makers in U.S.

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New tariffs on Chinese solar panels, including widely anticipated duties imposed by Washington on Friday, are spurring companies to manufacture more solar-power equipment in the U.S.

Tyson Foods to Close Three Plants

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Tyson Foods Inc. said that ahead of its purchase of Hillshire Brands Co., it will close three facilities it acquired in the 2001 purchase of beef and pork processor IBP Inc.

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