Regions
J.C. Penney reports flat same-store sales as autumn sales slow
J.C. Penney Co Inc reported a smaller-than-expected quarterly loss on Wednesday but said same-store sales were flat and slightly cut its full year revenue forecast, sending shares of the department store chain lower in extended trade.
Takata changes chemical compound involved in air bag recalls
Takata Corp (7312.T) has modified the composition of an air bag propellant that contains a volatile chemical at the center of a recall of millions of cars worldwide, the company told Reuters.
U.S. stocks slip from records; oil falls
U.S. equity prices edged off record highs on Wednesday led by weakness in the financial sector after six global banks were fined a total of $4.3 billion for currency rigging, while the oil market sagged on concerns about a supply glut.
Comcast says Time Warner deal going 'full steam ahead'
Comcast Corp's (CMCSA.O) merger with Time Warner Cable Inc (TWC.N) is going "full steam ahead" despite uncertainty around new rules governing net neutrality, Comcast Chief Executive Officer Brian Roberts told reporters on Wednesday.