Procter & Gamble Co (PG.N) said it would exit its Duracell battery business, likely through a splitoff into a separate company, as it looks to focus on faster-growing brands.
North America
Wall St. finally turning on Amazon as Bezos magic fades
Amazon.com Inc's (AMZN.O) once fairy-tale ride on Wall Street has hit its most jarring bump yet. The company that for years enthralled investors with improbable growth and earned one of the technology sector's highest valuations drew widespread ire after a spectacular results letdown on Thursday.
Google's Pichai to oversee major products and services
Google Inc Chief Executive Officer Larry Page has put Sundar Pichai, one of his key lieutenants, in charge of the Internet company's products.
Look to energy names for global demand clues
Slumping energy shares drove the recent U.S. stock market selloff more than any other major group, so investors are turning to next week's slate of earnings to see if the sector can pull itself out of the pit.
Ford to overhaul Lincoln brand, this time with big bucks
Ford Motor Co's (F.N) new chief executive, Mark Fields, is giving the automaker's long-moribund Lincoln brand what his predecessor Alan Mulally never could: a little love and a lot of cash.
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Ford Motor Co's third-quarter earnings fell 34 percent but beat Wall Street expectations on a strong showing in North America even as revenue fell due to the cost of introducing the F-150 pickup truck.
AMC Networks Inc (AMCX.O) said on Thursday it agreed to pay $200 million for a 49.9 percent stake in BBC America and would take operational control of the cable television channel.
Apple Inc (AAPL.O) said on Thursday it is studying options for sapphire supply and might work again with GT Advanced Technologies Inc (GTATQ.PK) if the distressed supplier can reduce production costs for the scratch-resistant material.
E-commerce services provider Digital River Inc said on Thursday it entered into an agreement to be acquired by an investor group led by Siris Capital Group LLC for about $840 million.
Online home-rental marketplace Airbnb Inc valuation is set to be valued at $13 billion, up from its $10 billion valuation in March this year, as it discusses an employee stock sale, according to a report by the Wall Street Journal.
Determined not to repeat a holiday season that left millions of packages delivered too late and customers seething, United Parcel Service Inc (UPS.N) and FedEx Corp (FDX.N) are investing heavily in new infrastructure - but the continued dynamic growth of e-commerce will test those efforts.
Lockheed Martin Corp (LMT.N) and U.S. defense officials have reached agreement on the terms of a contract worth about $4 billion for an eighth batch of 43 F-35 fighter jets, sources familiar with the deal said on Thursday.
The U.S. Federal Reserve said on Thursday it would assume wider corporate bond spreads and a higher oil price in the most strenuous scenario it will use in next year's run of its annual check of banks' health.
Microsoft Corp (MSFT.O) reported higher-than-expected quarterly revenue, helped by stronger sales of its phones, Surface tablets and cloud-computing products for companies, while keeping its profit margins largely intact.
