Business News

  • China Probes Former Oil Company Head
    The former head of China’s largest oil company is the latest and highest-ranking official named so far in a wide-spanning corruption probe that has already ensnared four of the company’s top executives.
  • U.S. Steel Workers End Canada Lockout
    Workers at U.S. Steel Corp.’s Lake Erie mill in Canada said they have ratified a new five-year contract, allowing the plant to return to work after a five-month lockout.
  • HTC Executive Detained Amid Probe
    A senior executive and a manager of Taiwan smartphone maker HTC Corp. were held in custody Saturday amid an investigation into allegations of transferring company information, prosecutors said Saturday.

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