Wal-Mart (WMT) may have engaged in misconduct in Brazil, according to the Wall Street Journal quoting people familiar with a U.S. investigation. The case involves alleged foreign bribery in that market.
Toyota (TM) is replacing Takata airbag inflators that it had previously deemed safe in 1.6 million cars in Japan. Meanwhile, Takata employees in the U.S. raised concerns internally about misleading testing. (Reuters & WSJ)
The CDC said at least 19 people
Turing Pharmaceuticals, which became a lightning rod for criticism over excessive price increases for older medicines, said it would cut the cost of its anti-infection drug to hospitals. (NBC News)
Yahoo's (YHOO) outlook has been cut to negative by Standard & Poor's, which cited poor prospects for revenue growth and higher costs for acquiring traffic. S&P's credit rating for Yahoo remains at BB+. (CNBC)
A judge is expected to hear different interpretations of how the country's two biggest daily fantasy sports companies operate at a hearing today on whether the businesses should be allowed to continue operating in New York. (AP)
Trian Fund Management, the activist hedge fund run by billionaire investor Nelson Peltz, is ending quarterly redemptions by its new investors, in order to lock in money for longer periods. (Reuters)
Sony (SNE) said its PlayStation 4 videogame console had passed the 30 million mark in sales, two years after its launch. This version of the PlayStation has sold faster than any of its predecessors. (CNBC)
Uber wants to continue to grow beyond its taxi service, possibly offering deliveries of food and even flu shots, the head of global operations told CNBC. The San Francisco-based firm increasingly sees itself a "logistics platform."
One month after blurring the line between breakfast and other meal times, McDonald's (MCD) is going one step further with the "ChiTown Classic," a breakfast burger mashup sold at participating Chicago locations. (CNBC)