Wal-Mart named Dan Bartlett, a former adviser to President George W. Bush, to head its corporate and government affairs. He will succeed Leslie Dach, who led the retail giant's decadelong push to remake its corporate image.
Microsoft unveiled a reinvented Xbox game console that demonstrated the software giant's most aggressive play yet for control of consumers' living rooms.
Pearson's book publishing business, Penguin Group, has agreed to pay $75 million to settle a dispute in the U.S. over the way it priced electronic books, drawing to a close an investigation into the publishing industry's e-book pricing tactics.
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 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.
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.
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 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.
