U.S. Regulators Demand Chrysler Expand Air-Bag Recall

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U.S. auto-safety regulators are demanding Chrysler Group expand its recall of potentially defective Takata Corp. air bags nationwide and begin notifying customers of the new campaign by Monday.

Rémy Cointreau Takes a Bet on China

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The French drinks maker is convinced that ultra-rich Chinese will again sip from the world’s most expensive bottles of cognac following a slump in demand that stems from an anticorruption campaign.

European Parliament Approves Google Breakup Resolution

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The European Parliament overwhelmingly approved a resolution that calls for a possible breakup of Google, brushing aside last-minute objections from the U.S. Congress.

Carlos Slim to Invest Up To $875.4 Million in Spain's FCC

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Two companies owned by Mexican billionaire Carlos Slim will invest up to 700 million euros ($875.4 million) in FCC in exchange for 25.6% of the debt-laden Spanish builder.

Rio Tinto OKs Canada Diamond Mine Development

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Rio Tinto PLC approved a $350 million extension at a remote subarctic diamond mine in Canada that the resources group controls with Dominion Diamond.

Wal-Mart Makes Cuts in China

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Wal-Mart Stores Inc. is cutting nearly 30 directors and midlevel managers in China, where the retailer is pushing to contain costs and improve slumping sales.

Asian Tech Leaders Struggle to Find Successors

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Many of Asia’s aging tech titans found that leaving the companies they founded or helped build is proving to be as difficult a task as building their empires.

GoPro Developing Consumer Drones

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GoPro is developing its own line of consumer drones to expand from its core business of making wearable video cameras popular with surfers and other sports enthusiasts.

Salesforce Boosts CEO's Compensation

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Salesforce.com gave Chief Executive Marc Benioff a nearly 8% raise in salary and target bonus and awarded him stock options with an indicated value of roughly $33 million.

AT&T Backtracks on Threat to Halt Fiber Rollout

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AT&T backpedaled from a threat to freeze the rollout of its ultrafast Internet service because of uncertainty around the government’s net-neutrality rules.

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