General Motors plans a $5 billion initiative with China’s SAIC Motor to overhaul how it develops cars for emerging markets, committing to a family of lower-cost Chevrolets for developing markets by 2019.
Federal investigators looking into the 2014 crash of Virgin Galactic’s experimental rocket ship are poised to highlight safety lapses during flight preparation, according to people familiar with the matter.
Nike and Apple have agreed to settle a class-action lawsuit brought by consumers regarding the efficacy of the Nike+ FuelBand, and will offer partial refunds to people who bought the fitness-tracking device.
Many U.S. companies, from tech startups to drug makers, are secretly seeking to go public. Yet some that file confidentially face very different fates: Their filings spark interest from prospective acquirers.