New U.S. Energy Secretary Ernest Moniz raised the possibility of delaying further approvals for companies to export natural gas, saying he wants to review whether government studies of the issue are adequate.
Burberry showed further signs of recovery following a midyear profit warning, as it reported a rise in full-year revenue on Tuesday. Sales in China for the year finished 20% higher.
With over 1,000 stores, J.C. Penney has long been viewed as a possible real-estate play, an idea is taking on new significance this week as Penney is expected to complete a deal to borrow $2.25 billion from investors.
The Irish government denied it is sheltering some of the world's largest corporations, such as Apple, from paying taxes, saying the country's long-standing low corporation tax regime is transparent and doesn't make it a tax haven.
ESPN was in the process of laying off a few hundred workers, a sign that the hugely profitable sports cable-TV powerhouse is responding to the rising fees it pays to air games as well as other changes in the media industry.
J.P. Morgan shareholders rejected a proposal to split James Dimon's dual roles as chief executive and chairman, and re-elected all the members of the bank's board.
Beleaguered Hewlett-Packard is a notable beneficiary of this year's reversal, with its shares having beaten once-highflying Apple's by 66 percentage points so far.
Beleaguered Hewlett-Packard is a notable beneficiary of this year's reversal, with its shares having beaten once-highflying Apple's by 66 percentage points so far.
Big phone companies have started to sell the data they gather about subscribers' locations, travels and Web-browsing habits, providing a powerful tool for marketers but raising new privacy concerns.
