Microsoft was recently in advanced discussions with Nokia about a purchase of the Finnish company's device business, in a marriage that could have reshaped the mobile-phone industry.
Manchester United's parent company plans to drive margins above 30% by splitting some of its global sponsorship deals into regional packages, leveraging the English football club's global fan base.
New York financier Leon Black was the mystery buyer of a $47.9 million Raphael drawing auctioned by Sotheby's London last December, according to several people familiar with the matter.
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Chrysler agreed to recall about 1.56 million Jeeps to address consumer concerns, documents released on Wednesday indicated, even as it denied the vehicles have defects that render them unsafe to passengers in rear-end collisions.
General Motors is sticking to a goal of quadrupling its share of the Chinese market for luxury vehicles by the end of this decade even as it acknowledged a slowdown in the market and increasing risks there.
Dish Network said it won't submit a new offer for Sprint Nextel by its Tuesday deadline, a move that appears to clear the way for the third largest U.S. wireless carrier to be bought by SoftBank of Japan.
Chrysler said it would recall 1.56 million Jeeps to strengthen the vehicles, reversing course after initially rejecting a regulator's request for a larger recall after a study found a high rate of fire after collisions.
