Global smartphone leader Samsung Electronics Co Ltd on Thursday confirmed expectations for its first annual profit decline since 2011, although a pickup in the fourth quarter hinted that earnings may have stabilized in the short term.
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GM cuts price on most Cadillac CTS sedans amid weak demand
General Motors Co's (GM.N) luxury Cadillac brand has cut the price most customers will pay for its 2015 CTS to counter slumping demand in the United States for the marquee sedan.
India's Videocon d2h to sell stake worth up to $375 million to U.S. firm
Indian satellite television operator Videocon d2h Ltd has agreed to sell shares worth up to $375 million to U.S.-based Silver Eagle Acquisition Corp EAGLU.PK and the proceeds will be used to expand its services.
Dick’s Sporting Goods explores going private
Dick's Sporting Goods Inc (DKS.N) is holding early-stage conversations with a handful of buyout firms about going private, according to people familiar with the matter.
Boeing plane deliveries hit record; Airbus wins on orders
Boeing Co (BA.N) said on Tuesday that it delivered 723 jetliners in 2014, hitting its own target, setting an industry record and retaining its title as the world's biggest plane maker, besting rival Airbus Group (AIR.PA).
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Japan is asking Britain to buy its P-1 submarine-hunting jet in a deal that could top $1 billion, a major step in Prime Minister Shinzo Abe's push to arms exports after decades of self-imposed restrictions, people with knowledge of the proposal said.
U.S. retail store sales fell 8 percent during the 2014 holiday season despite a late shopping surge, but overall holiday sales should show a 3.5 to 4 percent rise from a year ago because of stronger online buying, analytics company Retail Next said on Wednesday.
Connecticut Governor Dannel Malloy said on Wednesday that he wants to create a "lock box" for transportation funding because states that do not invest in infrastructure will face long-term economic struggles.
U.S. stocks rebounded on Wednesday from five straight sessions of losses after strong private sector jobs data and as minutes from the most recent Federal Reserve meeting reassured investors the bank was in no hurry to start raising interest rates.
The White House does not feel pressure to loosen restrictions on U.S. oil exports further and views debate over the issue as resolved for now, John Podesta, a top aide to President Barack Obama, told Reuters in an interview.
The preparations for the 2020 Olympics in Japan are in full swing. Five years before the global sports event takes place in Tokyo, Japanese authorities are allegedly busy getting ready for the big event that'll showcase the best that the capital has to offer.
Royal Dutch Shell will pay out 55 million pounds ($83.4 million) in compensation for two oil spills in Nigeria in 2008 after agreeing a settlement with the affected community.
McDonald's Japan (2702.T) has apologized to customers and vowed to ensure product safety after objects including a tooth and plastic were found recently in its food, the latest trouble for a fast-food chain hit by sliding sales and a shortage of french fries.
Germany's unemployment rate dropped to a record low of 6.5 percent in December while Italy's pushed up to a new high of 13.4 percent, underscoring the vast differences within the struggling euro zone economy.
