Kering to Reorganize Brands

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Kering said it was confident its performance would improve this year, even as first-quarter revenue grew only slightly from a year earlier, dented by a drop in sports and lifestyle products sales.

FCC Easing Up on 'Net Neutrality'

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Regulators are proposing rules on Internet traffic that would let broadband providers charge companies a premium for access to their fastest lanes.

Vinci Revenue Increases 2.4%

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Construction and pay-toll highway group Vinci SA Thursday reiterated its expectations of a flat revenue this year compared with the previous. Revenue in the first quarter increased 2.4%, boosted by highway and parking lot businesses which offset a disappointing performance of the rest of its activities.

Burberry Opens Online Store on Alibaba's Tmall

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Burberry has opened a virtual storefront on Alibaba's Tmall shopping site, in a highly unusual step that underscores the powerful draw of China's fast-growing e-commerce market.

Unilever First-Quarter Sales Fall

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Unilever reported a fall in first-quarter sales and said it would raise prices in emerging markets to counter currency weakness there.

Aetna Raises Outlook on Strong Growth

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Aetna said its first-quarter net income jumped 36% amid higher membership and revenue thanks to its acquisition last year of Coventry Health Care. The health insurer raised its full-year earnings forecast.

Discount Brokerages See Bounce in Trading

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Discount brokers TD Ameritrade and E*Trade Financial reported big jumps in daily trading volume in the first quarter from the same period a year ago.

Merrill to Advisers: Find Your 'Noble Purpose'

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Merrill Lynch chief John Thiel is on a personal mission to get the firm's advisers to think beyond making money and more deeply explore why they do what they do. He asks them to ponder this question: "What is your noble purpose?"

Publicis Tries to Calm Deal Fears

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The French company tried to reassure investors about the fate of its $35 billion merger with Omnicom, saying it was confident the proposed new company would get necessary approval to have its fiscal residence in the U.K.

Rail Logjam Strands Cars at Factory

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New cars and trucks are stacked up at U.S. factories as auto makers and railroads struggle to overcome delays brought on by winter weather and the rise of production outside the U.S. Midwest.

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