ACE Profit Declines 13%

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ACE reported its second-quarter profit declined 13%, reflecting a drop in net premiums written in both its global reinsurance and agriculture units.

Worries Over Meat Supplier Spread to Japan

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McDonald's said its outlets in Japan cut ties with Shanghai Husi Food Co., which has been accused in Chinese media reports of selling meat products beyond their shelf life

Soybean Shift Pressures DuPont

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Farmers' preference for planting soybeans over corn will continue to challenge DuPont Co., one of the world's largest sellers of high-tech seeds, executives said Tuesday.

Congress Splits Over Taxing of Corporate Inversions

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Lawmakers concerned about companies reincorporating overseas to avoid U.S. taxes split along partisan lines over whether legislation should take aim at businesses that have relocated.

Blackstone to Buy Majority Stake in Service King Chain

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Blackstone Group LP has agreed to buy a majority stake in auto-repair shop chain Service King Collision Repair Centers from Carlyle Group LP with a view to fund the company's future growth, according to people familiar with the matter.

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