Obama: U.S. Needs Rules for Commercial Drones

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A day after a consumer drone landed on the White House grounds, President Barack Obama said the U.S. needs regulations to ensure unmanned aircraft “aren’t dangerous and that they’re not violating people’s privacy.”

Siemens Sees U.S. As Strongest Region for Growth

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Siemens chief says U.S. is central to the company’s growth but comes under fire on the planned buy of U.S. oil equipment maker Dresser-Rand Group.

AM General to Build Mercedes-Benz SUVs in Indiana

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Daimler AG has signed a deal with AM General to use an Indiana plant to build Mercedes-Benz R-Class models, a move coming in response to rowing demand among U.S. buyers for luxury vehicles and sport-utility vehicles.

A Radical Idea for Activist Investors

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The Game: What if activist shareholders pressed companies not to cut costs, but to invest more, with an eye on long-term progress instead of short-term gains? Now that would be different, writes Dennis Berman.

Freeport-McMoRan Swings to Loss

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Freeport-McMoRan posted a heavy loss and said it is slashing its capital budget and seeking outside funding for its oil and gas business amid plummeting commodity prices.

Aer Lingus Set to Recommend IAG Takeover

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British Airways parent International Consolidated Airlines Group said the board of Aer Lingus is ready to recommend a sweetened takeover offer for the Irish carrier.

Novartis Upbeat Despite Weaker Profit

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Swiss pharmaceutical giant Novartis reported a fall in fourth-quarter profit but said it expects its business to gain momentum this year despite uncertainty spawned by the strengthened Swiss franc.

American Airlines Lifted by Lower Fuel Prices

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American Airlines Group said Tuesday that lower fuel prices led to better-than-expected fourth-quarter earnings, but noted that results were hurt by costs related to repatriating funds in Venezuela.

NFL to Air Domestic-Abuse Ad at Super Bowl

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The NFL is financing a chilling spot on domestic violence to air during the Super Bowl, as the league looks to repair damage to its image caused by player scandals.

Foreign Law Firms Face Pressure in China

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For foreign lawyers looking for work in China, scrutiny from regulators over possible mergers and culture clashes between Eastern and Western firms create hurdles.

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