Intel establishes a new group focused on setting the standard for the 'Internet of Things' that will compete with an alliance already created by Qualcomm.
Samsung Electronics warns that its second-quarter operating profit likely will miss analysts' expectations but it issues an optimistic outlook for the third quarter.
Electric carmaker Tesla is being sued by a Chinese businessman for trademark infringement.
Archer-Daniels-Midland says it will buy Swiss natural ingredient company Wild Flavors for $3.1 billion in cash and debt, marking its biggest acquisition to date.
As the Foreign Account Tax Compliance Act goes into effect today, foreign banks are now required to reveal American accounts holding more than $50,000.
Philip Morris cut its earnings forecast, citing a 'complex and truly atypical' year, and announced the acquisition of e-cigarette maker Nicocig.
Shares of Monsanto are soaring on Wednesday after the world's largest seed company reported a 6% drop in quarterly profit but issued a bullish fiscal-year outlook.
Avon Products says it will eliminate another 600 jobs as part of a restructuring program designed to save $400 million by 2016.
Google buys wireless communications company Alpental Technologies, a start-up that has been developing 5G technologies. There's speculation that it's actually a step toward Google becoming a wireless service provider.
General Electric is preparing to bolster its $17 billion offer for Alstom, according to a report by the Financial Times. This comes after Siemens and Mitsubishi Heavy Industries launched a $9.5 billion joint bid for Alstom's energy business on Monday. The two companies have been competing for the support of the French government, which is seeking to preserve French jobs and a national industrial icon. Now, General Electric, which has vowed to create 1,000 new jobs in France, says it will reinforce its commitments to French jobs by offering to increase investments in Alstom if the deal is approved.