COMPANIES

Last year, it had reported a surprise loss when it took a charge of $6 billion for litigation expenses.

The European Union on Wednesday formally accused Google of abusing its dominant position by distorting Internet search results and favoring its products and services.

Shares in the affiliate, Alibaba Health Information Technology Limited, nearly doubled early on Wednesday after the announcement.

The $16.6 billion deal puts Nokia in a position to compete with Ericsson, which has a 30 percent share in wireless networks globally.

Netflix is expected to add 1.8 million domestic subscribers for the three-month period ended March 31.

Investors weighed a series of mixed earnings from JPMorgan and Wells Fargo, the first two major banks to report quarterly results this earnings season.

The statement came in reaction to media reports that the two had revived tie-up talks.

Recent surge in the Hong Kong stock market helped Tencent become more valuable than Oracle, Amazon and IBM.

Days after Prime Minister Narendra Modi announced the purchase of 36 Rafale jets from France, doubts linger over the fate of a previous deal.

A marijuana-derived drug may help epileptic patients, but ongoing tests show it has some side effects.

PepsiCo, the maker of Mountain Dew soda and Doritos chips, won a five-year sponsorship deal for NBA events as Coca-Cola bows out.

Sale of the company is likely to take place in the next nine to 12 months.

Investment in large wind and solar projects slowed in China, Europe and Brazil, but rose in the U.S. and India, a report says.

The addition of rickshaws is one of many ways Uber is trying to compete in emerging markets around the world.

General Electric announced a major restructuring of its financial unit by exiting the financial services business.

Pacific Gas & Electric faces a record penalty in connection with a 2010 pipeline explosion near San Francisco that killed eight people.

Wells Fargo and private-equity giant Blackstone Group agreed to buy $23 billion in General Electric's real estate holdings.

Amazon recently slammed federal regulators for being too slow to approve commercial drone testing.

The company said the defendants are creating false, misleading and inauthentic 4- and 5-star customer reviews for products on Amazon.com.

Ashkan Soltani, the FTC’s new chief technologist, wants to look under Silicon Valley’s hood. Should tech companies be nervous?

The online professional networking site is stepping into the business of multilingual skills- training videos.

During union campaigns, elected officials can get away with saying things employers cannot. South Carolina's governor called on workers to reject the International Association of Machinists.

New York state's top financial regulator has highlighted the dangers of lax bank oversight over third-party vendors.

Seeking to be more competitive against Uber, the ride-hailing firm hires a former Amazon exec to be its chief operating officer.

The recall affects "classic" tubs with May 11 and May 15 expiration dates.

Nine others were also found guilty by the court in India's biggest-ever corporate accounting fraud.

Alcoa will kick off earnings season Wednesday, in what's expected to be a tepid reporting period at best because of these two major factors.

An investigation into the business practices of Securus, a for-profit tech company that charges prisoner family members as much as $20 for a 20-minute video call — and requires jails to eliminate face-to-face visits.

On Wednesday, French air traffic controllers launched the first of a series of strikes this month.