Batista Unfazed by Reported Probe

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Brazilian entrepreneur Eike Batista on Friday said he isn't concerned about a reported criminal investigation into the collapse of his once-highflying oil company.

France's SFR Plans Network-Sharing Venture With Vodafone

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French mobile-phone operator SFR plans to link up with U.K. operator Vodafone Group PLC in a network-sharing venture, according to SFR's chief executive.

Caterpillar Aims to Close French Plant

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Caterpillar, continuing a global cost-reduction drive, is seeking to stop production at its plant in Rantigny, France, about 40 miles north of Paris, and sell the facility, a spokeswoman for the company said Friday, confirming French press reports.

Lenders Ease Mortgage Rules in Hunt for Business

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Mortgage lenders are beginning to ease the restrictive lending standards enacted after the housing boom turned to bust, a sign of their rising confidence in the housing market.

'My Father Is Going to Die From Red Tape'

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A patent dispute between Medtronic and Edwards Lifesciences over a potentially lifesaving artificial heart valve is prompting a scramble among doctors and hospitals to treat desperately ill elderly patients before a court injunction curtails sale of one of the devices.

Judge: AMR Can't Cut Retiree Benefits

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A bankruptcy judge ruled that former American Airlines parent AMR Corp. doesn't have the unilateral right to terminate benefits to about 46,930 retirees.

New Tax Bug Bites Tech Companies

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First-quarter corporate earnings are getting clipped after Congress allowed a key tax credit to expire at year-end. Google is among the latest to cite the expired research-and-development tax credit for affecting its financial results.

This Week

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What happened to your money in the past week.

What's Ahead for AT&T's Stock Price?

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AT&T, the second-largest wireless carrier in the U.S., will report first-quarter 2014 earnings on Tuesday after the market closes.

Obama Extends Review of Pipeline Project

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The Obama administration is indefinitely extending its review of the Keystone XL pipeline, likely delaying a decision on the project until after November's U.S. midterm elections.

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