Zale Names Ex-Signet CEO Chairman

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Zale named former Signet Jewelers CEO Terry Burman as its chairman, while the jewelry retailer also swung to a fiscal third-quarter profit despite a slight drop in revenue.

SABMiller Warns on Key Markets

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SABMiller warned weaker demand for lager in the U.S. and volatile markets in Latin America are putting pressure on its beer sales, echoing comments from other major brewers about the industry's prospects.

Pearson Details Restructuring

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Education publisher Pearson announced details of Chief Executive John Fallon's plan to refocus the business on digital services and emerging markets.

Europe Tries to Tackle Tax Evasion

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Faced with public outrage over tax-evasion scandals at a time of austerity budgets, European leaders are trying to ensure that everybody pays their fair share.

Boeing Clears China Hurdle

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China's aviation regulator cleared Boeing's 787 aircraft for commercial service with the nation's airlines.

The Incredible Vanishing Subsidiary

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Some of the biggest U.S. companies, including Google and FedEx, have quietly removed hundreds of offshore subsidiaries from their publicly disclosed financial filings over the past several years.

Cerberus Mulls Harris Teeter Bid

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Cerberus is eyeing about a half-dozen grocery chains, including Harris Teeter Supermarkets, for potential bids, as the private-equity firm weighs whether to further expand its grocery business.

Multinationals' Scanty Tax Pay Angers U.K.

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The storm brewing over Apple Inc.'s tax practices in the U.S. has already rained down hard in the U.K., where multinationals have drawn public scorn for the paucity of taxes they pay here.

Japan's All Nippon Learns Lessons From Its Budget Carriers

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Japan's All Nippon Airways started up two budget carriers last year, it got an unlikely perk from the ventures: some lessons in how ANA itself can become more nimble.

U.S. to Fund Glaxo Antibiotics Research

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Concerned about the need to fight antibiotic resistance and possible bioterrorist attacks, the U.S. government will give drug maker GlaxoSmithKline up to $200 million over the next five years to help fund research into new antibiotics.

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