ABB Reports Slump in Q3 Profit

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ABB said third-quarter profit fell 12% but beat expectations, as the world’s largest maker of power grids cautioned that the global economic and political climate had created a murky outlook in the near term.

Heineken Hit by Wet Weather

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Dutch brewer Heineken said third-quarter profit fell 4.8%, with lower sales in Europe offset by growth in emerging markets.

Yahoo Posts Higher Sales, Earnings

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Yahoo reported a slight increase in revenue, helped in part by its growing mobile business, easing for now the pressure on CEO Marissa Mayer.

China's Shandong Zhaojin Hunting for Gold Assets

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Shandong Zhaojin Group, one of China’s largest gold producers, is in talks to acquire gold-mining assets in North America and Australia, Chairman Lu Dongshang said Wednesday.

BAT Hit by Weak European Economy

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British American Tobacco reported a big fall in nine-month revenue, blaming a slow recovery in Western Europe and pressure on the disposable incomes of consumers in all its big markets.

Luxembourg Tax Deals Under Pressure

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Confidential arrangements for multinational companies like Amazon and Fiat save taxes but now are under pressure from the European Union.

Total to Select New CEO on Wednesday

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Total is expected Wednesday to name a successor to CEO Christophe de Margerie, who died in a Moscow plane crash. He moved the company away from Europe’s aging oil fields to riskier, resource-rich nations.

Harvard Law Graduates Top Salary Survey

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At $201,000 a year, school’s alumni earn more than those of any other U.S. graduate school by the midpoint in their careers, according to a survey by online salary-information company PayScale.

Will Cheap Gas Hurt Ford Truck?

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The about 14% decline in U.S. fuel prices in the last four months is raising an unexpected hurdle for Ford’s lighter-weight F-150 pickup truck designed for an era of expensive gasoline.

Texas Oilman Nelson Bunker Hunt Dies at 88

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Nelson Bunker Hunt, a Texas oilman who once tried to corner the silver market with one of his brothers only to see the move end in financial disaster, has died. He was 88 years old.

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