GDP Expands at Disappointing 1.2%

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U.S. economic growth sputtered this spring—growing a meager 1.2% in the second quarter—with cautious business investment largely offsetting more robust consumer spending. The gain marks only a slight acceleration from the first quarter, when GDP advanced at a downwardly revised 0.8% pace.

Exxon's Tank Still Fuller Than Peers

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Exxon Mobil is the best of a faltering bunch among supermajors unable to finance both investments and payouts to shareholders while maintaining investments necessary to avoid shrinking.

WisdomTree Stumped by Global Turbulence

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Poor market performance in Europe and Japan prompted investors to pull out of WisdomTree’s flagship funds.

The Divide Between GDP and Jobs

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The economy is growing slowly even as the labor market remains strong. It’s an unusual situation that could continue.

SABMiller Board Backs AB InBev's Higher Offer

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Anheuser-Busch InBev NV has cleared a major hurdle to completing its $100 billion-plus megamerger with rival SABMiller PLC, a much-needed deal for the Belgian brewer that reported a steep fall in profits.

Talend Nudges Dormant Tech IPO Market

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Software company Talend had a strong debut on the Nasdaq in what investors see as a possible boost for the lackluster tech IPO market so far this year.

European Bank Stress Tests Offer Some Relief

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In tough conditions, some European banks would struggle with capital levels. Barclays, Deutsche and UniCredit could give investors concern.

U.S. Consumer Sentiment Fell in July

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A gauge of U.S. consumer sentiment dropped in July—as the University of Michigan survey fell to 90.0 from June’s 93.5—in a sign that global economic uncertainty could ripple through domestic spending.

Bidders Circle Formula One

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The long-awaited sale of the Formula One may finally be nearing the finish line as a number of bidders including British broadcaster Sky PLC are circling the racing series.

Viacom Board Suit Against Redstone Holding Company to Proceed

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A Delaware judge will hear arguments on whether 93-year-old Sumner Redstone had the competency to decide to replace five board members at Viacom.

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