Obama to Urge Action on 'Inversions'

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President Barack Obama is calling on Congress to end a tax-code rule that allows some U.S. firms to reincorporate overseas and lower their tax bills, an emerging issue that could figure prominently in the fall election campaign.

An 80 year old man shot and killed a pregnant burglar as she ran from his home. Should he be charged?

ISS Challenges Sprint CEO's Pay Package

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The biggest proxy adviser is challenging the nearly $49 million 2013 pay package given to Sprint Corp.'s chief executive and opposing the re-election of a board member to the compensation committee.

GM's Profit Tumbles 80%

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GM reported an 80% drop its second-quarter net profit, with earnings hit by $2.5 billion in pretax charges related to vehicle recalls and money set aside to fund a compensation plan for victims of crashes linked to defective ignition-switches.

Hepatitis C Pill Rockets Gilead Into Big Leagues

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Gilead Sciences's new hepatitis C treatment, Sovaldi, had $3.48 billion in second-quarter sales, more than expected, continuing its historic drug launch.

Google Grants Over Half of 'Right to Be Forgotten' Requests

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Google Inc. has approved just over half of its received requests to remove Web-page links from individual name-search results in Europe, according to a person familiar with the matter

LVMH Profit Drops, Hurt by Exchange Rates

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Luxury goods giant LVMH Moët Hennessy Louis Vuitton said its first-half profit dropped 4% despite a small sales increase, showing the sector's vulnerability to fluctuations in exchange rates.

Glaxo Files Its Entry in Race for a Malaria Vaccine

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An experimental malaria vaccine GlaxoSmithKline filed with regulators Thursday could help fight one of the world's biggest killers—but a rival compound partly developed in a Maryland kitchen could prove even more effective.

Dunkin' Brands Sales Fall Short

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Dunkin' Brands said second-quarter sales weren't as robust as expected, as bad weather and other consumer challenges weighed on the top line.

Boeing Agrees to Sell Parts to Iran

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Boeing has agreed to the conditions by which it could sell aircraft spare parts to state-owned Iran Air, a move that could lead to the first sale of products by a U.S. aerospace company to the Islamic republic since 1979.

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