As BHP Billiton executives work on plans to slim down their business, their counterparts at Rio Tinto are taking a different tack.
GoPro is developing its own line of consumer drones to expand from its core business of making wearable video cameras popular with surfers and other sports enthusiasts.
Novartis said an important new drug for treating heart failure has been granted an accelerated review by European authorities, improving its chances of approval in Europe next year.
Wal-Mart Stores Inc. is cutting nearly 30 directors and midlevel managers in China, where the retailer is pushing to contain costs and improve slumping sales.
German power utility E.ON has agreed to sell its Spanish assets to Australia’s Macquarie Group and Kuwait’s sovereign-wealth fund in a deal worth $3.1 billion.
The French drinks maker is convinced that ultra-rich Chinese will again sip from the world’s most expensive bottles of cognac following a slump in demand that stems from an anticorruption campaign.
Ahead of the Tape: December’s ‘Santa Claus rally’ appears to have gotten better with age, as the past five years have seen the S&P 500 gain nearly 2.5% on average during the month.
Tired of flushing money away, British Airways parent IAG has sought to cut costs in unusual places, like its lavatories.
Two music publishers are suing Cox Communications, saying the cable company is deliberately turning a blind eye to illegal downloading by its broadband subscribers.
A team of agricultural specialists and customs officers are manning their posts at JFK airport, making use of floppy-eared beagles to sniff out contraband, and a massive industrial grinder to destroy it.