BUSINESS

The recalls cover about 413,000 vehicles in the U.S.; 32,000 in Canada; 16,000 in Mexico; and 108,000 outside North America.

Current drones are unable to take off and land from confined spaces at sea and then stay airborne for long periods.

Bank of New York Mellon Corp. and units of Deutsche Bank AG, HSBC Holdings PLC and Wells Fargo & Co. were named in the lawsuits.

Share prices closed lower for Thursday's holiday-shortened session, while oil prices moved up a little.

The U.S. Treasury secretary spoke Thursday ahead of a scheduled Jan. 5 hearing on Capitol Hill on the territory's financial crisis.

Dell Inc. reportedly is hoping Perot Systems will fetch more than $5 billion, which would help fund its acquisition of EMC Corp.

Overall sales from the beginning of November to Dec. 22 were on track to rise 3.1 percent, below the 3.2 percent forecast and down from the 4.1 percent growth recorded last year.

The proposed settlement of a class-action suit centered on insider trading was disclosed in papers filed with a federal court in New York.

Brent traders in London say the market is quiet with many participants away for the Christmas holiday.

Initial claims for state unemployment benefits dropped 5,000 to a seasonally adjusted 267,000 for the week ended Dec. 19.

As the metal's price rallied Thursday to its highest level since October and the outlook for the next two years brightened, the shares of mining companies followed suit.

According to an Obama advisor, it is better when the United States and Russia can work together.

Mitsubishi discontinued its manufacturing of planes after Japan suspended their production throughout the country in the wake of World War II.

Amnesty International has slammed Russia for denying the death of civilians in Syria due to Russian attacks.

Volkswagen is dealing with the fallout of a global scandal after it was revealed that the company installed software on some of its vehicles to cheat on emissions tests.

The growth indicator is predicted to rise at the same pace as in 2015 as Beijing's efforts to arrest a slowdown in the country's economy have met with mixed results.

The constituent republic of Bashkortostan, a federal subject of Russia, is considering the possibility of lowering the age of consent and marriage to 14.

Bigger tax revenues, expected at a 25-year high, are expected to cover nearly two-thirds of the inflated bill, compared to less than half in 2009.

Hyatt, controlled by the billionaire Pritzker family, is the fourth major hotel operator to warn of a breach since October.

Japan's Nikkei ticked upward early Thursday, catching up one day after the country's markets were closed for the emperor's birthday.

The decision comes amid scrutiny at the state and federal levels of games run by companies such as FanDuel and DraftKings.

The U.S. Commerce Department issued an official notice this week, saying companies no longer need to apply for licenses to export crude.

Falling crude prices could weaken investment in new technologies needed to reach U.N. climate change goals set in Paris.

Legislation in Congress is aimed at preventing injuries to medical staff by requiring hospital policies that prohibit lifting patients.

The new boss of Britain's Rolls Royce says he's looking to simplify business at the British aerospace group. But as Hayley Platt reports he has some tough challenges, including a share price that's nearly halved since May.

With the release of new data Wednesday, the outlook for consumer spending and personal income growth in the fourth quarter and early 2016 is promising.

Sin City aims to become the world’s marijuana tourism capital. But stringent city and state rules could keep that from happening.

After Martin Shkreli's resignation amid charges of securities fraud, the private company plans to reduce its workforce.

The country's Office for National Statistics said the economy grew at 0.4 percent during the past quarter, not 0.5 percent as previously estimated.