BUSINESS

The U.S. automaker said its net income for the first quarter of 2016 more than doubled to $2 billion.

The Japanese electronics manufacturer said it would take an impairment charge in its full-year profit due to a slump in its camera modules business.

Officials searched the automaker’s plant in the central Japanese city of Okazaki after the company admitted it had overstated the fuel efficiency of more than 600,000 vehicles.

In the three-month period ending March 31, sales of Gleevec — hurt by the launch of a cheaper generic version in the U.S. in February — fell 22 percent.

Investor George Soros said the country’s credit-fueled development bore a resemblance to the situation in the U.S. at the start of the financial crisis.

Shares of Yahoo rose as much as 5 percent Wednesday following a better-than-expected quarterly result released late Tuesday.

The world’s largest coffee chain will report its latest financial data after markets close Thursday.

Investors may find out May 4, when the maker of electric cars reports Q1 earnings — and when CEO Elon Musk may map out plans for raising additional capital.

The German automaker is expected to disclose its plan to a federal judge Thursday in San Francisco, sources told Reuters.

Earnings will likely reflect that Anthem, Aetna, Humana and Cigna are still figuring out how to thrive in an Obamacare world.

Verizon Communications Inc was set on Tuesday to advance to the second stage of bidding for Yahoo Inc's core assets, as the U.S. internet company went through offers to put together a short list, people familiar with the matter said.

The market is inching toward record highs, even as economic data remain soft and corporate earnings are set to decline.

Under a settlement, the German automaker has agreed to pay $5,000 to U.S. car buyers affected by its emissions scandal.

Venezuela predicted oil prices could crash in the next few weeks if producers failed to resume dialogue as the specter of oversupply loomed.

Sales dropped at Coca-Cola on weak demand for its soft drinks in Europe, and a strong dollar that hurt revenue in other global markets.

In an interview published late Tuesday, the presidential candidate also said he backed efforts to diminish the Fed’s power and allow congressional audits.

The affected vehicle models that were affected include those supplied to Nissan, which uncovered discrepancies in test data, Mitsubishi said.

Pot culture’s unofficial holiday has become a global phenomenon. But have the celebration’s counterculture roots been lost along the way?

Christoph Mueller, brought on board last May to oversee major changes at the struggling carrier, said he was leaving due to “changing personal circumstance.”

U.S. officials largely blamed an overcapacity in China, amid slowing domestic demand in the Asian powerhouse, for the crisis facing the global steel industry.

Federal financial regulators found that borrowers who take out online payday loans can face hundreds of dollars in unexpected overdraft fees.

Commodity prices rose early Wednesday, boosting the resource-dependent Australian dollar.

Consider it the curse of the early adopter: Buyers of the "early build" vehicles have experienced trouble, Consumer Reports says.

After two months of gains, the Standard & Poor’s 500 is trading at about 17.8 times expected earnings, the highest level since 2004, data show.

Big food companies are still struggling to meet consumers’ demand for natural, healthful fare. But fast food is far from dead.

The world’s largest maker of microprocessors is getting pummeled by plunging sales of personal computers.

A secret marijuana grow, a treasure map and five young hippies who called themselves the Waldos: the unbelievable story behind marijuana’s global holiday.

Tuesday’s report, which suggests some cooling in the housing market, continues the recent run of weak data that has cast a pall on the economy’s prospects.

The group, announced Tuesday, will focus on building effective tax systems in developing countries, the partners said.