Talks aimed at a last-minute settlement between Argentina and holdout creditors collapsed late Wednesday, and a court-appointed mediator said the country would "imminently" be in default.
A tanker of oil from Texas is preparing to sail for South Korea this week, the first unrestricted sale of unrefined American oil since the 1970s.
The head of Samsung's mobile division, J.K. Shin, is facing pressure as weakening phone sales propel the company toward a third straight quarter of operating-profit declines.
A deal for Woodside Petroleum to buy most of Royal Dutch Shell's interest in the company has been cast into doubt after a large number of investors opposed the proposal.
Companies selling TVs, sports drinks and snacks scored, but the makers of washing machines lost out.
Coca-Cola Co. can no longer lean on its foreign markets for reliable growth, which means it must turn around its U.S. business. That won't be easy, as Americans are drinking less soda.
A report released Wednesday accused wireless carriers of standing by while consumers paid for fraudulent and unauthorized third-party charges on their phones bills.
Yum Brands said news coverage concerning Shanghai Husi Food Co. has led to a "significant, negative impact" to same-store sales at KFC and Pizza Hut locations in China over the last 10 days.
AMC Networks Inc. is in talks to acquire a sizable minority stake in cable channel BBC America, creating a partnership between two TV companies known for high-quality shows.
RealNetworks Inc. said its board has decided to give the permanent chief executive position to Rob Glaser, who founded the company but had recently been serving as interim CEO.