América Móvil Prepares to Spin Off Cellular Towers

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Mexican telecommunications company América Móvil said it will submit a plan to shareholders this month to spin off certain mobile assets into a separate company.

GoDaddy's Shares Surge in NYSE Debut

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Shares of GoDaddy, a technology provider to small businesses, opened at $26.15 in their market debut, 31% above their initial public offering price.

Lufthansa, Insurers, Pledge Quick Settlement

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Relatives of victims of Germanwings Flight 9525 can expect a complete, fair and swift settlement of insured costs, although final assessments will take some time, the insurers of the flight and Germanwings parent Lufthansa pledged.

NuVasive CEO Resigns After Probe

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NuVasive Inc. said Chairman and Chief Executive Alex Lukianov resigned after an investigation overseen by the medical-device company’s board found he didn’t comply with some of its expense reimbursement and other policies.

EU Airlines Face Growing Demand for Passenger Data

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The EU has an agreement with the U.S. over so-called passenger-name records. Now more governments are demanding the same.

Yukos Investors Settle Dispute With Rosneft

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Russian state-controlled energy group OAO Rosneft has settled all outstanding litigation with former minority shareholders of Yukos whose main assets it took over in 2007 after the oil giant was bankrupted by the Kremlin.

Vietnamese Workers Strike Over New Law

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Tens of thousands of workers at a Ho Chi Minh City footwear factory continued to strike Wednesday, protesting a new law they say will reduce their retirement options.

U.S. Auto Sales Fall in March Amid Calendar Impact

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General Motors Co. and Ford Motor Co. posted lower vehicle sales in the U.S. in March, while Fiat Chrysler Automobiles NV posted a 1.7% uptick as strength in its Jeep brand helped to offset a calendar impact.

China Tries to Clean Up E-Commerce

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China is tightening control over the largely unregulated world of Chinese e-commerce, a booming sector that has built up behemoths but also contributed to the proliferation of fake and substandard goods and questionable business practices.

Google Lab Puts Time Limit on Innovations

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Google is embracing a leaner, faster way to find the next big thing amid questions about its heavy spending.

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