Microsoft Shows Off Xbox One Console

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Microsoft unveiled a reinvented Xbox game console that demonstrated the software giant's most aggressive play yet for control of consumers' living rooms.

Samsung Buys Stake in Local Handset Firm

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Samsung is stepping up investments to beef up its mobile business, this time taking a 10% stake in local handset maker Pantech.

Investors Brave Loans That Fly Solo

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The market for bonds backed by a single loan on commercial real estate is booming for the first time since the financial crisis.

Use of RICO Weighed in SAC Case

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It is rare for an investment firm to be charged under the Racketeer Influenced and Corrupt Organizations Act, a powerful legal tool used against the Mafia and drug gangs.

Pfizer to Spin Off Remaining Zoetis Stake

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Pfizer plans to shed its majority stake in animal-health company Zoetis, continuing Pfizer's efforts to its hone its focus on drugs and vaccines for humans.

Utility CEOs Slam EU Energy Policy

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The chief executives of eight leading energy utilities criticized the European Union's political leaders for the bloc's fragmented energy policy, calling for a more favorable market environment to encourage investment in energy infrastructure.

Broad Reshuffle at HTC

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Several senior executives at HTC have left the company in recent weeks, signaling a broader management shake-up at the struggling smartphone maker and putting a spotlight on CEO Peter Chou.

Sony to Discuss Loeb Plan

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Sony said its board has started talks about how to address a proposal from activist investor Daniel Loeb to take part of the group's entertainment business public.

Clearwire Backs New Sprint Offer

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Clearwire said a special board committee approved Sprint Nextel's latest offer for the wireless broadband provider and recommended shareholders vote for the deal.

Lawsuit Chills Carfax Owner's Potential Sale

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A lawsuit brought by auto dealers has put a chill on the potential sale of R.L. Polk & Co., owner of the used-car shopping tool Carfax, according to people familiar with the matter.

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