With incomes rising amid a better job market, recent gains in consumer spending may actually stick.
Preliminary results of Vivendi SA’s share offer indicate it has prevailed in its efforts to gain control of Gameloft SE, pushing further into video games after re-entering the sector last year.
Home prices across the U.S. rose sharply in early spring amid rising demand and supply constraints, a sign that the lopsided housing-market recovery of the past five years is gaining strength.
Cheaper services are allowing some oil producers to survive, particularly in Russia, while others, such as Venezuela, are facing steep production declines.
Better-than-expected sales might not give auto stocks any juice.
It is too easy for investors to forget that Volkswagen Group is a conglomerate that consists of more than one particularly thorny restructuring story.
Anheuser-Busch InBev cleared a hurdle in South Africa, gaining approval for its SABMiller acquisition from South Africa’s Competition Commission.
Chinese companies are binge-building thermal power plants to take advantage of cheap coal and create jobs, though they are compounding an oversupply of power and complicating a government plan to shift to cleaner energy sources.
Suzuki Motor said it used an improper fuel economy testing method on more models than it had previously announced, the latest revelation in a scandal that has rocked the Japanese auto industry.
Missouri-based Great Plains Energy said it agreed to buy Kansas’s Westar Energy for roughly $8.6 billion in a move the utilities hope will lead to more controlled costs and consumer rates.