Former KPMG partner Scott London, who pleaded guilty to an insider-trading scheme, was sentenced to 14 months in prison in a Los Angeles federal court.
Blog post by staffers at the Federal Trade Commission said laws that limit direct sales of automobiles from manufacturers, such as Tesla, are "bad policy."
Caterpillar's first-quarter profit rose a better-than-expected 4.8% on mostly flat sales as the maker of construction equipment continues to deal with a slowdown in its mining-equipment business.
Zimmer agreed to buy rival orthopedic maker Biomet for about $13.35 billion, in a bid to position the combined company as a leader in making products to repair muscles and bones.
Vic Gundotra, the executive in charge of Google+, announced his departure from Google, the latest sign of upheaval at the company's social network.
Verizon lost wireless customers for the first time ever, as its rivals launched a bitter fight for new subscribers. It lost roughly 138,000 net postpaid phone customers in the first quarter.
AstraZeneca posted a 50% fall in first-quarter profit, below analysts' expectations, as sales of its best-selling drugs continued to be dented by generic competition.
A year after it pulled off a then-corporate record $17 billion bond sale, Apple's plans to raise a "similar" sum this year highlight strong investor demand for debt issued by highly rated companies.