ICAO Clarifies Main Role of Countries in Conflict-Affected Airspace

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The International Civil Aviation Organization reiterated the procedures and responsibilities national governments must carry out to warn airlines about potential safety hazards when "operating in airspace affected by conflict."

McDonald's Stands By Meat Supplier in Crisis

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McDonald's and meat supplier OSI Group date back to the Ray Kroc days in the 1950s. Now, OSI is scrambling to restore its reputation after an expired-meat scandal involving a unit in Shanghai.

Wal-Mart's U.S. Chief to Leave

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Wal-Mart's U.S. chief, Bill Simon, who struggled to lift sales as it fought off competition from dollar stores and online retailers, will leave the company Aug. 8, the retailer said.

AIA's New-Business Value Hits Record High

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AIA Group Ltd.'s new-business value, a key measure of insurers' profitability, jumped 23% to a record high during the first six months of the year, driven by demand in China and Hong Kong.

Court Rules Against BNP Paribas in False Claims Case

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A federal court entered a $80 million judgment against BNP Paribas for submitting false claims to a Agriculture Department program from 1998 through 2005, the Justice Department said.

Elliott Takes 6.7% Stake in Interpublic

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Activist investor Elliott Management, which has acquired a 6.7% stake in Interpublic, will push the advertising holding company to explore sale options, a person familiar with the situation said.

Google Grants Majority of 'Right to Be Forgotten' Requests

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Google has approved just over half of its received requests to remove Web-page links from individual name-search results in Europe, according to a person familiar with the matter.

Jamba Juice Gets Squeezed by Activist

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The owner of the Jamba Juice chain is facing a call from activist investor Engaged Capital to slash costs and potentially exit the New York City market.

Comcast Steps Up Its Game on Internet Speeds

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Comcast has begun extending fiber optic cable all the way to customers' homes in certain parts of its service area, as it competes with all-fiber providers on Internet speeds.

Amazon Reports Another Loss

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Amazon posted a massive sales bump but failed again to turn a profit, even as it has hinted at a growing resolve to boost margins.

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