BP reaches a settlement with U.S. authorities and will pay about $18.7 billion in damages for water pollution caused by the 2010 Gulf of Mexico oil spill.
Julie Hamp, Toyota's most senior female executive, has resigned following her arrest in Japan on suspicion of drug law violations, the automaker says.
GE agrees to sell its fleet management arm in the United States, Mexico, Australia and New Zealand to Canada's Element Financial for $6.9 billion.
Sysco is scrapping its proposed $3.5 billion buyout of US Foods after a court temporarily blocked the deal to combine the two food-service companies.
From Apple's attempt to regain its relevance in digital music to Twitter's new CEO, here are somethings that will help shape the week ahead on Wall Street.
American Apparel accuses ousted CEO Dov Charney of keeping videos on a company server of himself in sex acts with models and employees, court papers show.
Ford is recalling more than 200,000 Transit Connect vans and Escape sport-utility vehicles because of instrument panel and seatbelt issues.
A day after Walmart bans the sale of Confederate-themed merchandise other retailers announce they, too, will halt sales of the divisive symbol.
Showtime is trimming its price to $9 a month for Hulu subscribers in a deal that will make it the first premium pay TV service offered through Hulu.
Walmart says it is removing any items from its store shelves and website that feature the Confederate flag.
Sequential Brands Group is to buy Martha Stewart Living Omnimedia in a deal that values the media and merchandising company at about $353 million.
General Mills is dropping artificial colors and flavors from its cereals, the latest company to respond to a growing consumer preferences for natural food.
U.S. safety regulators are investigating complaints of braking problems with Dodge Dart compact cars.
Toyota's CEO says he believes a U.S. executive arrested on suspicion of importing a controlled drug into Japan had no intention of breaking the law.
For the first time in more than 40 years, and perhaps ever, McDonald's says the number of U.S. restaurants it has is shrinking.
AT&T Mobility has been hit with a $100 million fine for offering consumers unlimited data, but then slowing Internet speeds after they hit a certain amount.
CVS Health will buy Target's pharmacy and clinic businesses in a deal that combines resources of two retailers seeking to boost their health care images.
Rupert Murdoch is preparing to step down as CEO of 21st Century Fox and hand the title to his son James, sources close to the family said.
Taco Bell executives are studying a strange new vocabulary emerging on this side of the border -- the lingo of its young customers.
Global airlines announced Tuesday a new guideline that recommends shrinking carry-on bags, in an effort to free up space in packed overhead bins.
HSBC will cut up to 25,000 jobs to reduce costs and shift its center of gravity further toward Asian economies where it started out 150 years ago.