Business

EBay Inc in a preliminary proxy statement on Monday urged its shareholders to vote against the two directors whom activist investor Carl Icahn nominated to its board. The e-commerce company said that both nominations were rejected by its board's Corporate...

Chrysler Group LLC said it is recalling 25,250 Jeep and Dodge sport utility vehicles globally to address a braking issue. Chrysler, a unit of Fiat Chrysler Automobiles (FIA.MI), said the recall is being done to improve pedal feel during certain...

Norwegian Air (NWC.OL) was expected to have four Boeing (BA.N) 787 Dreamliners delivered this spring but delivery may now be delayed for a few weeks after Boeing reported finding some wing cracks, daily newspaper Aftenposten said on Monday. Boeing said...

BEVERLY HILLS, March 09, (THEWILL) – The alleged attempt by Shell Nigeria Exploration and Production Company (SNEPco) to delay payment of compensation to the Niger Delta communities impacted by its December 2011 Bonga oil spill disaster may have hit...

The boxy white and grey factory of this rainy northern town makes fewer than half the washing machines it did when Italy joined the euro. It is one of the many symbols of Southern Europe's industrial decline. Today, however, the...

European Union governments and parliamentarians will try to reach a compromise this week on how to wind down failing banks, in marathon talks intended to settle who decides to close banks and who picks up the bill. A deal in...

A wildcat strike at an IBM factory in southern China illustrates how tectonic shifts under way in the country's labor market are emboldening workers to take matters into their own hands, raising risks for multinationals. More than 1,000 workers walked...

EVELYN OPUTU BEVERLY HILLS, March 08, (THEWILL) – Worried by the misleading financial statement prepared by the Bank of Industry and the unsatisfactory responses from its management, the Financial Reporting Council FRC has queried the bank, noting that its reports...

The sharp drop in exports follows a series of factory surveys since the start of 2014 that point to weakness in economic activity as demand falters at home and abroad. Exports in February fell 18.1 percent from a year earlier,...

Bill Gross, the co-founder and co-chief investment officer of Pacific Investment Management Co, has accused departing CEO Mohamed El-Erian of seeking to "undermine" him by talking to The Wall Street Journal about deepening tensions between the two executives who...