Online Gambling Bets on Return
PokerStars, the largest online poker company in the world, is playing a difficult hand: Just two years after being shut down in the U.S. it wants to return to the table.
AT&T Imposes New Wireless Fee
AT&T has added a new monthly administrative fee of 61 cents to the bills of all of its contract wireless lines as of May 1, a move that could bring in more than a half-billion dollars in annual revenue to the telecom giant.
Boeing 787 Clears China Hurdle
China's aviation regulator cleared Boeing's 787 aircraft for commercial service and is expected to allow domestic airlines to launch overseas flights within a matter of months.
Saab Ex-Chairman Faces Tax Questions
Saab Automobile's former chairman will be questioned in connection with a criminal investigation concerning tax controls related to the defunct Swedish auto maker, a spokesperson for the Swedish Economic Crime Authority said.
Firms Split Over Return of Grounded Helicopter
A helicopter that is widely used to support the global energy industry may return to service in a few weeks after a nearly eight-month grounding because of engine problems, though two of its largest operators disagree on the likely timing.
Forest Laboratories CEO to Retire
Forest Laboratories said its veteran chief executive and president, Howard Solomon, will retire at the end of the year, ending his five-decade career with the pharmaceutical company.
Ford to End Australia Auto Production
Ford said high costs and the strength of the Australian dollar against other currencies are forcing it to stop producing cars in Australia in 2016, closing its two plants and ending 90 years of production.
GameStop's Profit Falls 25%
GameStop reported lower quarterly earnings on continued sales weakness, though the videogame retailer's cost-cutting efforts boosted profit margins.
Elan Rejects Royalty Pharma Approach
Elan rejected the most recent approach by New York-based pharmaceutical investor Royalty Pharma, the latest twist in a monthslong struggle for the Dublin-based pharmaceutical firm.
China's Rare-Earth Exports Rebound
China's exports of rare-earth metals rallied in the first four months of this year, a trend that analysts attribute to low rare-earth prices and demand from a buoyant Japanese economy.