Rémy Cointreau Profit Hurt by China

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Rémy Cointreau said net profit fell 25% in the first half of its financial year as the French drinks maker continues to battle a slump in demand from Chinese consumers.

Latest Takata Air-Bag Rupture Took Place in a Toyota

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Toyota Motor Corp. says the recent case of a Takata Corp.-made air bag inflater exploding in Japan happened in a Toyota vehicle.

Asian Tech Leaders Struggle to Find Successors

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Many of Asia’s aging tech titans found that leaving the companies they founded or helped build is proving to be as difficult a task as building their empires.

Wal-Mart Makes Cuts in China

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Wal-Mart Stores Inc. is cutting nearly 30 directors and midlevel managers in China, where the retailer is pushing to contain costs and improve slumping sales.

GoPro Developing Consumer Drones

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GoPro is developing its own line of consumer drones to expand from its core business of making wearable video cameras popular with surfers and other sports enthusiasts.

Salesforce Boosts CEO's Compensation

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Salesforce.com gave Chief Executive Marc Benioff a nearly 8% raise in salary and target bonus and awarded him stock options with an indicated value of roughly $33 million.

AT&T Backtracks on Threat to Halt Fiber Rollout

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AT&T backpedaled from a threat to freeze the rollout of its ultrafast Internet service because of uncertainty around the government’s net-neutrality rules.

Standard General to Trade RadioShack Shares for Board Seats

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Standard General has agreed to give up some of its potential stake in a recapitalized RadioShack in exchange for four board seats, a move that could help the struggling electronics chain stave off a bankruptcy filing.

REIT American Realty Capital Hasn't Set Date Yet for Annual Meeting

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Real-estate investment trust American Realty Capital Properties Inc. said Wednesday that its board hasn’t yet determined when its annual shareholders meeting will take place.

Rio Tinto OKs Canada Diamond Mine Development

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Rio Tinto PLC approved a $350 million extension at a remote subarctic diamond mine in Canada that the resources group controls with Dominion Diamond.

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