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Federal regulators plan to propose rules that would limit commercial drone flights to below 500 feet, daytime hours and within sight of the operator, while also requiring operators to pass written exams, according to a federal document posted online.
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General Motors is recalling more than 81,000 vehicles over concerns drivers could experience a sudden loss of their electric power steering assist.
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Honda Motor Co. plans to streamline product offerings over the next several years in an effort to ensure quality of its vehicles, executives said.
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Michele Ferrero, the world’s richest candy maker whose Nutella chocolate and hazlenut spread helped raise generations of Europeans and defined Italian sweets, died on Valentine’s Day, the company said. He was 89.
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Apple has several hundred employees working secretly toward creating an electric vehicle, with an initial design that resembles a minivan.
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Negotiations to solve the long-running labor dispute at West Coast ports faced another setback Friday, as the federal mediator in charge met separately with both sides, contributing to fears the impasse was getting closer to a complete port shutdown.
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ArcelorMittal posted another fourth-quarter loss as it took a hit from lower iron ore prices and a torrent of Chinese exports that have flooded global steel markets.
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Chinese taxi-hailing apps backed by rival Internet giants Alibaba and Tencent plan to merge, the companies said.
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Alibaba said the U.S. agency wants to find out about the company’s interactions with a Chinese regulator about alleged sales of fake goods.
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J.M. Smucker warned that weakening sales of Folgers coffee will continue to weigh on its earnings for at least the next few months, after having dragged down results in its latest quarter.
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McDonald's 'Pay With Lovin” Campaign Buys Some Kudos-And Confusion
A Big Mac and fries doesn't call to mind Valentines for many, but McDonald's latest marketing stunt appears to have earned it at least some lovin' in the run up to Feb. 14-as well as some consternation.
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The NBA is On YouTube, Vine, Snapchat, and Even Yo, But No More Second Life
As you might expect, the National Basketball Association is blowing it out this weekend for its All-Star game in New York. And the increasingly global league has a constant need to reach new fans--and sometimes, that means trying nearly everything.
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Philip Morris is struggling in the Philippines with its market share coming under pressure from a local low-cost rival, but the U.S. tobacco giant claims that it is a victim of unfair competition.
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Amid a government crackdown on conspicuous consumption, lingerie stores in China are seeing strong sales for their more expensive items, defying a broad drop in luxury sales in the vast Chinese market.
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Indian Government-controlled Oil & Natural Gas said its net income fell by nearly 50% for the final three months of 2014, following a sharp decline in crude oil prices.
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The White House on Saturday said it would intervene in stalled labor talks at West Coast ports, sending the Labor secretary to meet with both parties and urge them to complete a new contract and avoid further slowdowns.
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NFL commissioner Roger Goodell made $35 million in 2013, according to the most recent available NFL tax documents. Plus, former Baltimore Ravens star Ray Rice apologizes.
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A whistleblower who aided the successful U.S. prosecution of Swiss bank UBS in 2009 for aiding American tax evasion, has been summoned to help with a similar probe of the lender under way in France.
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CBS reported a better-than-expected 3% rise in fourth-quarter revenue on higher ad sales, helped by Thursday night NFL games and the midterm elections.
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Tom Staggs is the newly appointed chief operating officer of Disney and the leading candidate to succeed Chief Executive Robert Iger when he steps down in 2018.
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President Barack Obama's executive order promotes information sharing about cyberthreats among companies and between the government and private industry. But the order stopped short of requiring companies to participate and left for another day some details on how the new framework would run.
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Some targets of U.S. economic sanctions in Russia and Ukraine are selling off their assets, sometimes to relatives; this is causing a headache for U.S. firms trying to remain compliant with the rules at home but hoping to do business in the region.
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A survey of 277 board members and senior executives found regulatory change and heightened regulatory scrutiny the top overall risk for the third straight year.
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