U.S. employers' labor costs rose in the second quarter at the fastest rate in nearly six years, a sign that a tightening labor market may be raising pressure on companies to boost worker pay.
Southwest Airlines and SeaWorld are terminating their 26-year-old marketing relationship, as the theme-park company faces pressure from animal-rights groups over the treatment of captive killer whales.
Public Storage's first-quarter profit rose 6% as the real-estate investment trust reported higher rents and occupancy.
Mobileye NV's initial public offering priced above the auto-technology company's recently raised expectations, with 35.6 million shares being sold for $25 apiece, people familiar with the matter said.
Valeant Pharmaceuticals posted improved second-quarter results and again made its case to acquire Allergan, but its financial guidance hurt shares.
The FDA laid out a proposed new regulatory plan to oversee potentially thousands of laboratory-developed medical tests that the agency contends can be prone to errors.
Lotus says it can get more out of its Formula One race cars from the new ways that it collects data on their performance.
L-3 Communications disclosed accounting irregularities linked to a U.S. Army contract, cutting its full-year profit guidance as it digested an initial $84 million pretax charge.
U.S. oil futures slumped Thursday on news that a refinery in Kansas could be closed for four weeks after a fire, reducing demand for crude oil.
Sony reported a surprise first-quarter profit but sharply cut its forecast for smartphone sales, dealing a blow to the Japanese electronics maker's recovery.