The auto parts companies will pay more than $740 million in criminal fines, reports CNBC's Scott Cohn with the update.» Read More
The tech giant is defending itself in a Manhattan court against charges of price-fixing, reports CNBC's Courtney Reagan.
Justin Scheck, global energy reporter at the Wall Street Journal, talks to CNBC about an EU commission investigation into whether BP, Shell and Statoil have manipulated oil prices.
European authorities raided the offices of Shell, BP and Statoil in an investigation of suspected manipulation of oil prices.
Oil prices are nearly up 8% this year and Scott Burk, of Canaccord Genuity, says offshore drillers stand to benefit with daily rig rates going to $600,000 for premium rigs.