GE in Talks to Buy Alstom Unit

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GE is in talks to buy the energy operations of France's Alstom, a move that would help the U.S. company reduce its reliance on its finance business.

China's Spring Airlines Plans Shanghai IPO

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Spring Airlines plans to raise about $405 million in an initial public offering ahead of a listing in Shanghai, as China's biggest budget carrier looks to expand its fleet.

Amazon Tries Its Own Deliveries

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Amazon is testing its own delivery network for the final leg of a package's journey to consumers, putting it closer to same-day shipping.

Peugeot Citroën First-Quarter Revenue Rises

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French auto maker Peugeot Citroën reports a 1.9% rise in its first-quarter revenue, held back by the euro's strength.

Honda Profit Soars on Japan Sales

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Honda's net profit surged in the January to March quarter as the economic policies of Prime Minister Shinzo Abe and a last minute rush to buy cars before a sales tax took effect drove up sales in the long-stagnant Japanese market.

Weyerhaeuser Profit Rises

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Weyerhaeuser said its first-quarter earnings rose on strong sales from its timberlands business, despite severe winter weather.

Beijing Takes Workers' Side in Sneaker Strike

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China told a supplier to Nike and Adidas to take corrective measures to end a strike that has prompted one customer to shift some production elsewhere.

Pearson First-Quarter Sales Rise

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Pearson said it made a solid start to the year as the U.K.-based publisher and education specialist reported a rise in first-quarter sales.

Commercial-Vehicle Maker Volvo Swings to Profit

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Swedish commercial-vehicle maker Volvo raised its outlook for the North American market and swung to a first-quarter profit.

WPP Boosted by U.S., U.K.

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Advertising giant WPP said the year started more strongly than expected even though revenue was weighed down by unfavorable foreign exchange rates.

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