Dish Network said it won't submit a new offer for Sprint Nextel by its Tuesday deadline, a move that appears to clear the way for the third largest U.S. wireless carrier to be bought by SoftBank of Japan.

Carl Icahn called for Dell to launch a tender offer for up to $16 billion of its shares, and he also bought about 72 million shares, making him the second-largest holder in the company.

The trial of Finmeccanica's former chief executive began, in which he faces fraud and corruption charges for allegedly overseeing the use of bribes to win a helicopter contract in India.

Airliner cockpit panels by decade's end could resemble giant iPads, as the current dizzying array of knobs and switches gives way to touch screens.

FedEx's earnings were weighed down by restructuring charges in the latest quarter, and the shipping company reined in expectations amid weakness in international package volume.

Nathan Tinkler, one of Australia's best-known mining entrepreneurs, has sold his biggest investment to lenders at a time when the price of coal is showing little sign of recovery.

Two-year-old design website Fab is now worth more than $1 billion, thanks to a $150 million venture-capital round led in part by Chinese Internet conglomerate Tencent Holdings.

Bharti Airtel, India's largest telecommunications company by users, said it would invest $125 million in Gabon as it moves to strengthen its operations in the African continent.

The EU ruled the company had been paying competitors not to sell generic versions of its drugs in its key markets after its patents expired.

General Motors is sticking to its plan to quadruple its share of the Chinese market for luxury vehicles by the end of this decade, even as it acknowledged a slowdown in the market and increasing risks there.