Business

The U.S. Justice Department said on Monday it had succeeded in unlocking an iPhone used by one of the San Bernardino shooters and dropped its legal case against Apple, ending a high-stakes legal battle but leaving the broader struggle...

Wall Street was mixed on Monday as weaker-than-expected U.S. economic data reduced concerns about potential interest rate hikes and a dip in oil prices pushed down energy shares. U.S. consumer spending barely rose in February and inflation retreated, suggesting the...

U.S. budget airline carrier Virgin America Inc (VA.O) has received acquisition interest from several companies, including JetBlue Airways Corp (JBLU.O) and Alaska Air Group Inc (ALK.N), a person familiar with the matter said on Monday. Asian airline companies have also...

Japan's NTT Data Corp said on Monday it has agreed to buy Dell Inc's information technology consulting division for over $3 billion to expand in North America and bolster its services business. The move will allow U.S. computer maker Dell...

Cosmetics maker Avon Products Inc (AVP.N) said it had agreed to give activist investor Barington Capital Group LP the right to approve the appointment of an independent director to the company's board, avoiding a proxy fight. The nominee would have...

The campaign for Britain to leave the EU has been backed by 250 business leaders including the former chief executive of HSBC, the Vote Leave group said on Saturday, hoping to counter the view that UK businesses back staying...

Sharp Corp (6753.T) and Taiwan's Foxconn are set to sign a takeover deal next week after repeated delays, with the two sides set to agree on a smaller bailout than originally planned for the troubled Japanese electronics maker, two...

Activist hedge fund Starboard Value LP moved on Thursday to overthrow the entire board of Yahoo Inc (YHOO.O), including Chief Executive Marissa Mayer, who has struggled to turn around the company in her nearly four years at the helm. Starboard,...

The U.S. government has approved the sale of up to nine Boeing Co (BA.N) P-8A Poseidon maritime patrol planes to Britain in a deal valued at up to $3.2 billion, the U.S. Defense Department said Friday. The Pentagon's Defense Security...

Microsoft Corp (MSFT.O) executives are in early talks with potential Yahoo Inc (YHOO.O) investors about contributing to financing to buy the troubled Internet company, a person familiar with the situation said. The talks are preliminary, the person added, and Microsoft...