Business News

  • France and GE, Unlikely Pals
    GE’s successful bid to buy Alstom’s core assets muscled rival bidder Siemens out of the picture and crushed France’s ambition of building new industrial alliances with Germany.
  • Lennar's Profit Ticks Up
    Lennar Corp. said its fiscal second-quarter earnings edged up slightly as a higher tax provision in the latest quarter masked an increase in revenue.
  • McCormick Earnings Rise on International Growth
    McCormick posted a 7.5% jump in its fiscal second-quarter profit as it continued to reap the benefits of a key international acquisition last year.
  • Accenture's Profit Improves
    Accenture said its fiscal third-quarter revenue and earnings rose as the consulting firm’s results were boosted by improvement in both its consulting and outsourcing segments.
  • Oil Exports Ruling Roils Industry
    The energy industry and Washington struggled to understand the potentially far-reaching implications of a break in the U.S. ban on oil exports.
  • Alcoa to Buy Jet-Engine Component Maker
    Alcoa said it has reached a deal to buy aerospace-parts maker Firth Rixson from Oak Hill Capital Partners for $2.85 billion in cash and stock.
  • Philip Morris Strikes E-Cigarette Deal
    Philip Morris International has bought one of Britain’s biggest electronic cigarette makers, its latest foray into the fast-growing market for tobacco-free smoking.
  • China Dismisses Wal-Mart Labor Complaint
    A panel in China dismissed a labor dispute brought against Wal-Mart Stores, which could end a three-month dispute.
  • Google Starts Scrubbing Europe Search Results
    Google has started removing results from its search engine under Europe’s new “right to be forgotten,” implementing a ruling that gives individuals the right to request removal of results that turn up in searches for their names.

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