Volkswagen reported a sharply higher profit and steady sales growth, reaffirming that Europe’s biggest auto maker is on track to reach a target of selling 10 million vehicles this year—four years earlier than expected.
TransCanada filed a formal application with Canada’s main energy regulator for a C$12 billion pipeline that would ship landlocked western Canadian crude to refineries on the country’s east coast and offshore.
The National Highway Traffic Safety Administration ordered air bag maker Takata to disclose emails and other information on what it knows about millions of defective air bag systems in older vehicles on the road.
With Macau set to record its fifth straight month of gambling revenue declines and the stocks suffering a terrible year, investors and analysts are rethinking their views, with some even pointing to Las Vegas as a new profit driver.
Two days after the unsuccessful launch of an unmanned Orbital Sciences Corp. rocket that was to carry supplies to the international space station, the company indicated the main-engine system stopped providing thrust about 15 seconds after liftoff
H-P has accused Mike Lynch of fraud in connection with its $11 billion purchase of his former company, Autonomy. But in England, Mr. Lynch has reinvented himself, forming a venture-capital firm with $1 billion to spend.