Luxottica Group SpA founder Leonardo Del Vecchio said his family won’t try to interfere with the world’s largest eyewear maker’s new management plans.
Auto-parts makers Delphi Automotive and Lear notched strong third-quarter profits and repurchased more shares as revenues topped the $4 billion mark amid strong demand in North America and China.
Mexican telecommunications company América Móvil expects to complete the spinoff of its mobile towers in Mexico by the beginning of the second quarter of 2015.
Services that offer users data or pay data costs for visiting websites, signing up for free trials or watching movie trailers from smartphones or tablets are gaining traction.
Pepsi confirmed that it will test some of its drinks in SodaStream International’s home-carbonation machines in the U.S.
Ron Johnson, who helped build Apple’s successful retail stores before a troubled stint as J.C. Penney CEO, is readying a well-funded startup that aims to help online shoppers find the right products.
Microsoft’s sales continue to defy expectations by growing at a much faster clip than those of its business-technology peers.
Activist investor ValueAct Capital Management LP on Friday disclosed a 5.7% stake in Agrium Inc., but according to the Canadian fertilizer giant, the hedge fund has no plans to push for Agrium’s breakup or for board or management changes.