Firm Loses Right to Use Saab Name

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The Chinese-backed company trying to revive Saab cars lost the right to use the Swedish brand name amid efforts to recruit new investors and revive production of its cars.

Sprint to Sell Next Sony Xperia in U.S.

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Sprint will sell Sony's next Xperia handset in the U.S. as part of a strategy to broaden its lineup of smartphone offerings to limit customer flight, a person familiar with the matter said.

Iliad First Half Profit Falls Slightly

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France's Iliad SA, which is trying to buy U.S. operator T-Mobile, reported its first-half net profit dipped as strong revenue growth was weighed by a tax charge and the amortization of costs related to deploying a 4G network.

For Hollywood, Not All Box Office Dollars Are Equal

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As summer domestic box office sales fall 15%, movies like "Transformers" and "Spider-Man" can't make up the difference in China and other countries where studios earn much less from DVDs and TV rights.

Kraft Recalls Some American Singles Cheese

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Kraft Foods said it is voluntarily recalling 7,691 cases of certain varieties of its American Singles cheese product after a supplier failed to store an ingredient properly.

Google Testing Delivery Drones

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Google's advanced-research lab said it is developing a system of drones to deliver goods. Rival Amazon.com is also testing delivery drones, and Domino's tested delivering pies via drone in 2013.

Tesla Adding Charging Stations in China

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Tesla Motors Inc. struck a deal to greatly expand its network of charging stations in China with China United Network Communications Corp., also known as China Unicom

Russia Shuts 12 McDonald's

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The number of McDonald's restaurants shut down by Russia's consumer regulator continues to rise as tensions between Moscow and the West grow.

Bombardier's CSeries Has Setback

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Bombardier's CSeries jetliner has suffered another setback as Sweden's Braathens Aviation said it will step back from its role as the plane's first operator and may seek other changes to delivery plans.

China Weighs New Gas Tax to Aid Electric-Car Effort

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China is weighing a new tax on gasoline to fund efforts to make electric cars more palatable to consumers, according to the chairman of electric-car maker BYD.

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