Obama to Urge Action on 'Inversions'

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President Barack Obama is calling on Congress to end a tax-code rule that allows some U.S. firms to reincorporate overseas and lower their tax bills, an emerging issue that could figure prominently in the fall election campaign.

Unilever Paints Bleak Picture

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Unilever flagged a further slowdown in emerging markets, even as first-half profit grew on the back of a number of disposals.

Potash Corp. Profit Drops 27%

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Potash Corp. of Saskatchewan posted a nearly 27% drop in second-quarter profit, but results beat expectations as market conditions picked up.

Hershey Profit Rises 5.4%

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Hershey Co.'s quarterly profit rose 5.4%, as it sold more chocolate, though the costs to make the candy also rose.

Boeing Agrees to Sell Parts to Iran

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Boeing has agreed to the conditions by which it could sell aircraft spare parts to state-owned Iran Air, a move that could lead to the first sale of products by a U.S. aerospace company to the Islamic republic since 1979.

An 80 year old man shot and killed a pregnant burglar as she ran from his home. Should he be charged?

Supervalu Profit Falls 49%

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Supervalu reported a 49% drop in quarterly earnings but posted sharp sales gains at a discount chain that it considers vital to its turnaround effort.

3M Profit Up on Face Masks, Filters

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3M reported a 5.8% increase in profit for the second quarter, fueled partly by stronger sales of respiratory face masks and water-filtration products in China and other developing countries where pollution fears are growing.

ISS Challenges Sprint CEO's Pay Package

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The biggest proxy adviser is challenging the nearly $49 million 2013 pay package given to Sprint Corp.'s chief executive and opposing the re-election of a board member to the compensation committee.

GM's Profit Tumbles 80%

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GM reported an 80% drop its second-quarter net profit, with earnings hit by $2.5 billion in pretax charges related to vehicle recalls and money set aside to fund a compensation plan for victims of crashes linked to defective ignition-switches.

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