Royalty Pharma withdrew its request for a judicial review of Irish takeover laws following its foiled bid worth up to $8 billion for biotechnology company Elan, formally ending its pursuit.

Chrysler said it would recall 2.7 million Jeeps to strengthen the vehicles, reversing course after initially rejecting a regulator's request for the recall after a study found a higher rate of fire after collisions than other SUVs.

United Airlines said it would add a minimum annual spending level that passengers will have to meet to qualify for elite frequent-flier status.

Boeing signed up five customers for a new stretched version of its Dreamliner, evidence of fresh sales momentum for the 787.

The growing popularity of electronic cigarettes has divided regulators and antismoking activists just as Europe gets ready to tighten its tobacco laws.

Capital: Columnist David Wessel lays out the telltale signs to watch for on whether Fed chief Ben Bernanke clarifies or clouds the central-bank message on the fate and rate of its bond-buying program.

Carl Icahn called for Dell to launch a tender offer for up to $16 billion of its shares, and he also bought about 72 million shares, making him the second-largest holder in the company.

New car registrations in the European Union tumbled 5.9% in May over a year earlier to 1.04 million vehicles, the lowest for the month in 20 years.

Forget lab rats. Researchers are testing medicines on a silicon chip that could provide a better read on how a drug will work.