BUSINESS

Rockwell Collins will acquire ARINC from the Carlyle Group, calling the company a "natural fit" to its business.

German filmmaker Werner Herzog directed a short film that sheds light on the consequences of driving while texting. Watch it here.

Growth in Japan’s GDP dipped to 0.6 percent in the second quarter from a downwardly revised 0.9 percent in the first quarter.

Beyonce Heat perfume is now the best-selling celebrity fragrance of all time.

An anonymous whistle-blower in China says Sanofi paid bribes in the form of research grants to 79 hospitals in four cities.

Sun Pharma charged the balance of a U.S. settlement over an acid reflux drug to its recently ended quarter.

The choice of a new Federal Reserve chairman, or chairwoman, was discussed by the president at his press conference.

Barack Obama told military veterans convening in Florida the backlog of disability claims has been cut by almost one-fifth.

Carlos Slim plans an offer to take over Dutch telecom KPN, which is also being courted by Spanish cell giant Telefónica.

A North Dakota senator is citing an industry-backed study to push approval of the Keystone XL pipeline.

A federal study warns oil and gas workers risk silicosis from sands used in hydraulic fracturing.

India's Biocon has launched a “pathbreaking” treatment for psoriasis and will seek to market it globally.

The current U.S. banking system subsidizes too many risk decisions, and that has to change.

An investment-fueled construction bubble has left behind empty shells without jobs or residents.

Four major U.S. retailers report earnings next week.

While Apple is expected to release the iPad 5 soon, rumors about a 12.9-Inch iPad also gaining traction. Here is how it will look like.

The agency rules some devices infringe on Apple patents, barring U.S. sales unless Obama intervenes.

China is drawing on its history and taking steps to remain an economic powerhouse despite the recent rapid slowdown in GDP growth.

J.C. Penney Company, Inc. (NYSE: JCP), BlackBerry Limited (Nasdaq: BBRY), Tesco PLC (TECO) and Tumblr Inc. are companies to watch Friday.

Spain's painful two-year recession is about to end. But the worst isn't over yet.

Retail analysts said that the move signals that Tesco is effectively giving up on personally managing its China business.

And after years of less than one dollar per person, any investment is likely welcomed.

40,000 people are temporarily without a job due to a massive oil spill in Manila Bay reeking havoc to fisheries and the economy.

The International Energy Agency said lower GDP growth in selected regions is likely to affect global oil demand.

Does Norway's sovereign wealth fund, which generates its money from oil and gas taxes, need to re-position its assets?

Japan's leaders are now facing a tough choice over how, or even whether, to hike taxes.

A comparatively uncertain European economic recovery led to less corporate and investment banking business for major European banks.

BlackBerry declined to comment on the ongoing talks taking place among top BlackBerry leadership.

Second-quarter earnings reports will continue to make headlines next week, but the flow will slow from a flood to a trickle.