COMPANIES

India's Apollo Tyres is buying U.S.-based Cooper Tire for $2.5 billion in cash.

Israel generic drug producer Teva will pay Pfizer $1.6 billion in a new patent dispute settlement announced Wednesday.

About 9.7 million homeowners are “underwater,” owing more than their properties are worth, the lowest rate since the housing crisis.

The potential deal would help Vodafone compete against cable providers that are conversely aiming to increase their cellphone services.

Cosmetics maker Coty opened their first IPO this week, and are expected to receive more than $1 billion in offers.

Online retailer Amazon.com has emerged as a bidder for secretive government cloud computing contracts.

The Japanese auto giant expects to take 14.4 percent of all U.S. vehicles sales this year, slightly less than in 2012.

A fire in Black Forest, Colo., which broke out Tuesday afternoon had damaged up to 100 homes and forced the evacuation of thousands.

The owner of Zara reports tepid growth in its 1Q just weeks after reporting robust profit growth for the past full year.

U.S. stock index futures point to a higher open on Wednesday ahead of the federal budget report for May.

Two Japanese carriers cancelled three Boeing 787 services, less than two weeks since they were back in the air.

Mark Zuckerberg was grilled by investors at the first meeting of Facebook's shareholders.

The National Space Society and India have agreed to collaborate on the creation of an international organization to generate solar power in space.

Indian IT companies hope to pass on some of the benefits from a weak rupee to their clients, but worry immigration reform could hit business.

Altria, the largest tobacco company in the country, has announced plans to expand into the emerging e-cigarette market, suggesting that e-cigarettes are here to stay.

At least 23 Canadian women have died while taking two of the most commonly prescribed birth control pills, Yaz and Yasmin, Health Canada said.

The European bottler is looking at a dismal second quarter.

Knight Frank's Global House Price Index shows 35 of 55 markets tracked increase, but Europe remains weak.

The CDC says an outbreak of hepatitis A linked to a frozen berry mix sold at Costco made 87 people sick in eight states.

In response to leaks about secret NSA surveillance programs like PRISM, Mozilla launched a campaign called StopWatching.US that calls for greater transparency about the programs.

Rupert Murdoch will chair both 21st Century Fox and News Corp. when the media giant splits in two later this month.

Japan experienced an explosion of investment in solar energy after the 2011 Fukushima nuclear meltdown.

The European Union reportedly will join Japan in a complaint against Chinese steel duties filed with the World Trade Organization.

A Dunkin' Donuts customer in Florida freaked out and demanded free food because she didn't receive a receipt with a previous order.

Did you know Pakistan has as much recoverable shale oil as Canada? The number of known shale deposits is growing.

Energy and engineering giant Siemens intends to save 6 billion euros by 2014 and expand operations in South Korea.

The company was founded in 2004 by entrepreneur and philanthropist Miles Rubin. Its electric vehicles were manufactured in China.

Bank customers who routinely overdraw on their accounts pay an average of $225 a year, says the CFPB.

Apple unveiled the developer preview of OS X Mavericks at WWDC 2013 in San Francisco on Monday. Here are the top 5 enhancements.