Shares in Russia's Sistema dropped 27 percent in Moscow on Wednesday after its chairman was placed under house arrest by investigators.» Read More
Facebook announced that posts from new users will only be shared with their "friends" unless they change the default settings and choose "public."
Four firms related to Hunter Wise and their management were ordered to pay more than $108 million in a fraud case it launched in 2012.
Toyota is recalling 466,000 minivans and cars globally, mostly in the United States, for possible faulty brakes and loss of a spare tire.
Amazon has emailed some customers offering them a 30-day free trial run of its $99 Fire TV box, according to a report in Engaget.
Starboard Value is launching a fight to take over the board of Darden Restaurants over the planned sale of Red Lobster.
Intel was present at the St Petersburg International Economic Forum, Russia's top business summit, despite pressure from the U.S. to veto the event.
EBay is poised to go down as one of the biggest data breaches in history, based on the number of accounts compromised.
If e-commerce giant Amazon thought it had tough competition from China's Alibaba then it might want to consider a new Russian dark horse in the shape of Ulmart.
JD.com's IPO is 15 times oversubscribed, according to people familiar with the matter. The company is raising up to $1.7 billion.
After a batch of new earnings reports, the overall trend remains the same: disappointing.
Hewlett-Packard CEO Meg Whitman will deliver the latest look at her multi-year turnaround effort when the company reports quarterly earnings Thursday.
JPMorgan Chase will provide $100 million to help debt-ridden Detroit over the next five years, according to sources. The NYT reports.
This tech giant has leapfrogged over Apple to take the top spot in a global ranking of the world's biggest brands.
A day after recalling 2.6 million vehicles globally, GM is recalling 218,000 Chevrolet Aveos in the United States because of a fire risk.
The DOT proposed new consumer protections for travelers that would require airlines to disclose fees for services.
Two of the world's biggest banks, facing the threat of criminal charges, are mounting final bids for leniency.
Netflix will launch its online movie and TV subscription service later this year in France, Germany and four other European countries.
Nevada's health-care exchange is cutting ties with Xerox and will partner with the federal system for 2015, the Las Vegas Review Journal reported.
Microsoft says it will produce a larger version of its Surface tablet to make the device more compelling as a laptop replacement.
Ashwini Chhabra of the Taxi and Limousine Commission takes a job with the taxi-hailing app as the technology grows in New York.
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