Univision Files for IPO

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Spanish-language broadcaster Univision launched the process for an IPO in a filing Thursday with the Securities and Exchange Commission.

Tesla Deliveries Surge by 52%

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Tesla Motors said it delivered 11,507 Model S sedans in the second quarter of the year, a 52% increase over the prior-year period and a company record.

As Saudis Keep Pumping, Thirst for Domestic Oil Swells

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The kingdom is poised to break records for crude production this summer, but its ravenous energy needs threaten its ability to ramp up exports.

Justice Department Probes Airlines for Collusion

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The Justice Department is investigating whether U.S. airlines colluded on expansion plans, amid concerns from consumer advocates and politicians that the industry is trying to control capacity to keep airfares high.

European Oil Prices Struggle to Recover

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Oil prices were up modestly, struggling to recover from sharp losses in the previous trading session on the back of bearish U.S. supply data.

Greece's Syriza Spars Over Bailout Strategy

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A new proposal for budget cuts and policy overhauls from Greek Prime Minister Alexis Tsipras was dismissed by European officials as insufficient to revive negotiations over a new bailout.

Trader Fights the Market Tide in Shanghai

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Wednesday afternoon with money manager Ye Fei, whose flagship Yi Tian Ya Li fund was up 388% for the year when the Shanghai Composite Index peaked June 12.

GE's Divestiture Plans Hit Hurdles

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The Justice Department sued to block General Electric’s planned $3.3 billion sale of its appliance business to Electrolux, leaving the company with marquee deals in regulatory limbo on two continents.

Asia's Rich Show Love for Junk Bonds

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Asia’s wealthy individual investors have loaded up on high-yield bonds in the past three years, including a large helping of debt from Chinese property firms that have been facing a weak housing market.

European Stocks Up Slightly

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European stocks edged higher with investors still nervously watching Greece’s negotiations with its creditors.

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