CarMax Tops Expectations as Sales, Traffic Rise

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CarMax said used-car sales drove increases in profit and overall sales in the most recent period, as the company enjoyed its sixth-straight quarter of customer-traffic growth.

Finish Line Lowers Outlook on Margin Pressure

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Finish Line Inc. lowered its earnings outlook for the year on Friday citing margin pressures, a sign sporting-apparel retailers are also feeling the impact of a weak retail environment.

Air France-KLM Again Cuts Outlook

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Air France-KLM SA on Thursday cut its 2014 earnings outlook by $250 million, linking it to continued price weakness and the effects of a 14-day pilots strike.

Thai Union Nets a Prize Catch

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Thai Union Frozen Products PCL, one of the world’s largest seafood companies, said it is acquiring U.S.-based Bumble Bee Seafoods LLC for $1.51 billion.

Airbus Chosen for European Tanker Plane Contract

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Airbus Group has been selected by three European countries to provide their future airborne refueling jet over a rival offering from Boeing.

BlackBerry's Loss Narrows

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BlackBerry signaled that its turnaround effort is ahead of schedule, posting a small operating profit in the fiscal third quarter and achieving positive cash flow earlier than it had targeted.

American Airlines Reaches Deal With Flight Attendants Union

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American Airlines Group said Friday that it had reached a joint collective-bargaining deal with the union representing 24,000 flight attendants.

U.S. Struggles for Response to Sony Cyberattack

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The White House is walking a fine line in its search for a response to North Korea’s apparent hack of Sony Pictures, a breach that doesn’t align with the scenarios laid out in the government’s contingency plans for cyberattacks.

Can Wal-Mart Clerks Ship as Fast as Amazon Robots?

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Retailers’ answer to the threat of Amazon.com is something called ‘omnichannel’—an attempt to use one set of inventory and assets to fill all orders. Wal-Mart, Macy’s and Target are relying on the approach more heavily than ever this holiday season.

Roche Hit by Failure of Cancer Drug Trial

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Roche said a late-stage study of its breast cancer drug Kadcyla failed to yield superior results to an existing treatment, damaging the outlook for stronger sales in one of its key drug markets.

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