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The telecom giant and the Communications Workers of America, representing about 40,000 employees, extended contract negotiations Sunday after failing to reach an agreement ahead of a strike deadline.

Just last year, Andrea Jung was among the most powerful women in the world. On Monday, Avon announced her replacement as chief executive -- Sherilyn McCoy, a 30-year veteran of Johnson & Johnson.

Korea Midland Power Co. Ltd., or Komipo, said Monday it struck a $3.4 billion deal with Switzerland's Vitol SA to buy liquefied natural gas for 10 years starting in 2015.

Shares of AOL (NYSE: AOL), the seventh-most-visited website, jumped nearly 50 percent in Monday trading after announcing a $1.1 billion patent deal with Microsoft.

Mike Wallace's death robbed TV news of a unique correspondent who can't be replaced.

Technology investors are about to endure the quarterly torrent of earnings reports, starting Thursday with Google (Nasdaq: GOOG) and escalating next week with other top names.

Iraq is facing a serious crisis, Kurdistan's leader Massoud Barzani said during a recent visit in Washington -- and his semiautonomous region's ambitions in the oil-and-gas business aren't going to help defuse potentially explosive ethnic tensions.

The Kurdistan Regional Government announced Friday that the Exxon Mobil Corp. (NYSE: XOM) told its president this week the oil-and-gas major is committed to a controversial exploration contract that has angered officials of Iraq's national government.

The Lockheed Martin Corp. (NYSE: LMT) received a $1.05 billion, five-year contract from the U.S. Navy to provide more than 200 digital cockpits for two of the armed service's helicopter series.

Samsung Electronics (KS: 5930), Asia’s biggest technology company, pre-announced record first-quarter earnings Friday that could be an early indicator for its U.S. rivals.

Alcoa Inc., the U.S. aluminum giant, said Thursday it will reduce its annual total alumina production capacity by 2 percent this year, aimed at matching output with its plans to reduce smelter capacity amid global oversupply that has hurt prices.

The top aftermarket NYSE gainers Thursday were: Parker Drilling, Quicksilver Resources, MEMC Electronic Materials, Penn Virginia Corp, Medifast and McDermott International. The top aftermarket NYSE losers were: Martha Stewart Living Omnimedia, LDK Solar Co, Cooper Companies, InvenSense, Frontline Ltd and Thor Industries.

The head of Traxis Partners still believes U.S. stocks will head higher in coming months, but he's concerned about a near-term pullback as the European debt crisis intensifies and hopes for more Fed bond-buying dim.

So far this week, U.S. industrial giants have announced nearly $3 billion will be invested in new operations and research in Brazil, China and India three cornerstone members of the BRICS countries.

Global stocks ended mixed Thursday as solid jobs data and better-than-expected results from retailers failed to offset revived concerns about the euro zone’s fiscal stability.

Historically, the CEO of a corporate sponsor of the tournament, which began Thursday in Georgia, congratulates the Masters winner. But Augusta National has been a men-only club since its 1933 founding.

Following the tradition of big tech companies like Google and Apple, Facebook has reportedly chosen to list its shares on the Nasdaq under the ticker symbol FB. The report comes from The New York Times, which cites Facebook insiders with knowledge of the matter.

China's auto industry will enjoy an $11.6 billion boost in the coming year, as Ford (NYSE: F) and Volvo try to increase output and market share in Asia.

GM sales in China rose sharply in March, a somewhat unexpected increase, as competitors in the country are seeing only modest gains. Sales were driven into high gear by the six-speed Buick Excelle, a luxury sedan manufactured locally that -- at over $20,000 -- is an icon of achievement for the burgeoning upper middle-class in China.

The U.S. titan will provide technology services to Eike Batista's EBX Group and acquire a 20 percent stake in EBX subsidiary SIX Automacao.

U.S. employers planned 27 percent fewer job cuts in March compared with February and the lowest number of planned cuts since May 2011, global outplacement firm Challenger, Gray & Christmas Inc. said Thursday.