The top U.S. communications regulator on Wednesday endorsed the regulatory standard applied to telephone companies in remarks seen as the strongest indication yet that he planned to side with President Barack Obama on strict "net neutrality" rules.
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Libya pays heavy economic price as fighting takes toll
The central bank is burning through its foreign reserves and many government services are being cut as Libya reels under the effects of a collapse in oil revenues caused by factional fighting that threatens to tear the country apart.
Keurig cold drink machine to offer Dr Pepper Snapple sodas
Keurig Green Mountain Inc will sell Dr Pepper Snapple Group Inc's soda pods for its at-home cold beverage system, Keurig Cold, expected to be launched this year.
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.
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.
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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.
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.
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.
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.
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.
British elections in May could arguably have as much impact on euro zone stability as this month's snap poll in Greece, making for an anxious period of up to six months for European investors.
Verizon Communications Inc Chief Executive Lowell McAdam said the company is not planning any major acquisitions, following a report that Verizon had approached AOL Inc for a potential deal.
WASH Multifamily Laundry Systems, whose washers and dryers are used weekly by more than 5 million people in North America, is exploring a sale that could value it at more than $900 million, including debt, according to people familiar with the matter.
South Korea's LG Display Co Ltd plans to increase production capacity of organic light-emitting diode (OLED) panels for TVs, seeking growth in a new technology field that its rivals have dismissed as still too expensive to succeed.
