Facebook reported that profit more than doubled and revenue topped estimates for the ninth straight quarter. About 62% of Facebook's ad revenue now comes from advertising on mobile devices.
The U.S. government wants to phase out thousands of railroad tank cars that carry crude oil and ethanol within two years, as part of proposed rules to upgrade safety for trains carrying flammable fuels.
The U.S. airline industry's newfound health is breeding something not seen in years: a flock of startups. All share an optimism that they can defy the odds in an industry that has seen 77 bankruptcies in the 20 years.
Retailers including Wal-Mart, Target and others are taking steps to limit price-matching as social-media websites turn discounting into a viral frenzy.
Gilead Sciences's new hepatitis C treatment, Sovaldi, had $3.48 billion in second-quarter sales, more than expected, continuing its historic drug launch.
Cable magnate John Malone says 21st Century Fox has long been eyeing a takeover bid for Time Warner and isn't likely to face competing bidders.
As smartphone screens grow larger and laptop computers grow thinner and lighter, sales of the iPad are declining and growth slowing for rival Android tablets.
EasyJet said it expects pretax profit to rise as much as 19% this year despite the impact on travel from turmoil in Israel, Egypt and Moscow, but the airline's shares dropped as the forecast fell short of analysts' hopes.
Canon said its net profit jumped 22% in the April to June period thanks to surging sales of multifunction office devices and industrial equipment.
Finland's mobile-network maker Nokia said its expectations for 2014 have improved, as its financial performance in the latest quarter was helped by the sale of its handset business to Microsoft.
Roche Holding's first-half net profit slid 7% under pressure from exchange rates but strong sales of its cancer therapies prompted the Swiss drug giant to confirm its outlook for the full year.
Shares in Kingfisher dropped more than 7% after the European home improvement retailer said trading had been slower than anticipated, particularly in France and Poland
The world's No. 2 brewer SABMiller said sales and beer volumes rose steadily in the first three months of its financial year, buoyed by strong growth in Africa and Europe.
Hyundai Motor second-quarter net profit fell 6.9%, hurt by a stronger local currency and higher costs incurred for improving its U.S. market share.
Meal-delivery startups such as Plated and Blue Apron, along with their investors are hoping to avoid the fate of dot.com era food industry failures.
EBay is offering $3.5 billion in debt to help fund general operating activities as well as pay down outstanding short-term loans.
Japan's third largest trading company said Thursday that the Charoen Pokphand Group would take a 4.9% stake, injecting up to $1 billion into the firm.
German chemicals giant BASF said second-quarter net profit jumped 12%, boosted by its industrial and specialty chemicals division, despite a deteriorating global economic outlook and heightened geopolitical risks.
Unilever flagged a further slowdown in emerging markets, even as first-half profit grew on the back of a number of disposals.
LG Electronics said its net profit rose sharply in the second quarter as its mobile business staged a turnaround on higher smartphone sales.
Spanish oil major Repsol reported a 95% rise in second-quarter profit, boosted by the sale of stock in its former Argentine unit and bonds the company received in compensation for its nationalization.
Canadian transportation-equipment giant Bombardier Inc. said the head of its aerospace unit is retiring as part of a corporate shake-up that will see the company shed 1,800 jobs.
Daimler reported a sharp rise in second-quarter operating earnings, driven by record sales in its Mercedes-Benz luxury car division, as the German auto maker races to catch up with rivals BMW and Audi.
AT&T said its second-quarter profit fell 7.2% as wireless service revenue took a hit from a drop in prices tied to a shift in strategy.
The CEO of a U.S. meat supplier apologized Wednesday after the Chinese unit's management was accused of intentionally selling expired meat to restaurants. Five people were detained.
Boeing reported a 52% rise in profits and raised its earnings guidance, but the company's stock fell on costs for a new Air Force tanker plane.
Newcrest Mining's new chief executive warned of another possible multibillion-dollar write-down of assets, testing the patience of investors already unnerved by weakening metal prices and a recent penalty for disclosure breaches.
Qualcomm's third-quarter profit rose 42% and the San Diego-based company on Wednesday also increased its full-year earnings outlook.
Otter Media, a joint venture between AT&T Inc. and media company Chernin Group, is in advanced talks to take a controlling stake in YouTube video producer Fullscreen Inc.
Delta Air Lines and the US Airways unit of American Airlines Group said Wednesday that they will extend their suspension of flights to Tel Aviv through Wednesday.