Freeport-McMoRan's Sale of Chile Mine Hits Tax Snag

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Freeport McMoRan's sale of a large Chilean mine is being held up as it seeks clarification with local authorities on a tax issue, according to a person familiar with the matter.

U.S. Utilities Push Electric Cars

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Companies that sell electricity are desperately trying to find new ways to sell more kilowatts. Enticing Americans to adopt electric cars would give utilities' profits a jolt.

Are you worried about this year's 9/11 anniversary with ISIS on the horizon?

Time Warner Ends Vice Media Talks

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Time Warner Inc. has ended talks to forge a joint venture with Vice Media to revamp its struggling HLN channel, according to a person familiar with the matter.

Firm Loses Right to Use Saab Name

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The Chinese-backed company trying to revive Saab cars lost the right to use the Swedish brand name amid efforts to recruit new investors and revive production of its cars.

Cocoa Rises to Near 3-Year High

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Cocoa prices were trading near a more-than-three-year high Friday as strong demand for chocolate continued to buoy the market, overshadowing an uptick in production.

Sprint to Sell Next Sony Xperia in U.S.

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Sprint will sell Sony's next Xperia handset in the U.S. as part of a strategy to broaden its lineup of smartphone offerings to limit customer flight, a person familiar with the matter said.

Iliad First Half Profit Falls Slightly

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France's Iliad SA, which is trying to buy U.S. operator T-Mobile, reported its first-half net profit dipped as strong revenue growth was weighed by a tax charge and the amortization of costs related to deploying a 4G network.

For Hollywood, Not All Box Office Dollars Are Equal

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As summer domestic box office sales fall 15%, movies like "Transformers" and "Spider-Man" can't make up the difference in China and other countries where studios earn much less from DVDs and TV rights.

Kraft Recalls Some American Singles Cheese

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Kraft Foods said it is voluntarily recalling 7,691 cases of certain varieties of its American Singles cheese product after a supplier failed to store an ingredient properly.

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