Europe's largest carmaker Volkswagen said business remained hard after third-quarter earnings plunged on Thursday while Japan's Mazda predicted a smaller full-year operating loss.
American Airlines parent AMR Corp and US Airways Group said they would cut jobs and tweak their operations to better match the travel market, which struggles to recover from the economic recession.
Blackstone Group's COO Tony James said on Wednesday he foresees a gradual shift in the coming years of capital pools away from the United States to Asia, the Middle East and other areas of the globe.
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General Dynamics Corp reported a better-than-expected quarterly profit on Wednesday as strength in defense sales helped offset weakness in business jets.
Pfizer Inc awarded two top executives cash and stock bonuses for their roles in carrying through the recently completed $67.3 billion deal for U.S. rival Wyeth, the company said on Wednesday.
Sales of new U.S. homes unexpectedly tumbled in September, their first drop in six months, underscoring the hazards to an economic recovery even as businesses appeared to be stepping up investment.
The U.S. Senate's top Democrat and top Republican each voiced support on Wednesday for extending a soon-to-expire $8,000 tax credit for homebuyers, but left unclear when the chamber would act.
China has told the United States that it plans to formally launch an investigation that could lead to new import duties on autos and sports utility vehicles made by Chrysler, Ford and General Motors, a U.S. industry official said on Wednesday.
Some of the nation's largest companies pushed back against U.S. Democrats' plans to deliver a government-run insurance option in a healthcare overhaul, decrying it as a step backward that would drive up costs for employers and their workers.
Coca-Cola Enterprises Inc and PepsiAmericas Inc sold fewer soft drinks in the United States than analysts anticipated, signaling that consumers remain cautious about spending and pushing shares of both bottlers down.
Industrial Minerals Canada, a junior graphite company, said on Wednesday it aims to list on the Toronto Venture Exchange via the takeover of capital pool company Rattlesnake Ventures, and rename itself Northern Graphite Corp.
Malaysia's biggest mobile operator Maxis has secured four cornerstone investors who will buy 28 percent of its roughly $3.7 billion initial public offering, Southeast Asia's largest in over a decade.
Vitamin Shoppe Inc priced shares in its initial public offering above expectations and became the first retailer in two years to go public, while home health care provider Addus Home Care Corp's IPO priced below estimates but was increased in size.
Monex Group Inc, Japan's No. 3 online broker, will buy the securities unit of Orix Corp for about $246 million in stock, in a deal that will create the country's second-largest online broker.
Centrica Plc, owner of the British Gas brand, will sell a 50 percent stake in three wind farms to U.S. based TCW, signalling renewed investment interest in an industry where recession has crimped financing.
U.S. merger advisory boutique Evercore Partners Inc reported a quarterly profit above analysts average estimate, helped by strong revenue from its advisory business, and increased its quarterly dividend by 25 percent.
General Dynamics Corp reported a better-than-expected quarterly profit on Wednesday as strength in defense sales helped offset weakness in business jets.
Private equity firm Blackstone Group is talking to lenders about cutting up to $5 billion of debt held by its Hilton Hotels chain, a source familiar with the situation said on Wednesday.
ConocoPhillips reported a 71 percent decline in third-quarter profit on Wednesday as weak demand for fuel hurt its refining business and oil prices fell from a year earlier, but the results exceeded Wall Street estimates.
Building materials maker Owens Corning posted a quarterly profit that beat analysts' expectations, helped by lower costs, sending its shares up as much as 6 percent.
Japan's Sanyo Electric Co plans to sell part of its battery operations to satisfy antitrust regulators ahead of its planned takeover by Panasonic Corp, a source close to the matter said.
With President Barack Obama due to visit China next month, speculation is swirling Walt Disney Co may finally be about to announce a long-awaited deal to build a theme park in Shanghai.
Nomura Holdings Inc is sub-scale in the United States and would consider acquisitions to catch up with rivals, one of the architects of its Lehman deal last year said on Wednesday.
The European Union has approved Novartis AG's Ilaris to treat children and adults with a rare but potentially fatal inflammatory disease, the Swiss drugmaker said on Wednesday. Novartis said in a statement the accelerated EU decision follows approvals in the United States and Switzerland.
California Coastal Communities Inc said on Wednesday it filed for Chapter 11 protection to modify and eliminate certain debt covenants and to extend the maturity on about $182 million loans related to one of its projects.
Qwest Communications International Inc posted a higher-than-expected quarterly profit and boosted its full-year outlook as it planned more cut costs, sending its shares up 3.4 percent.
Qwest Communications International Inc posted quarterly revenue that was slightly below Wall Street expectations but its shares rose almost 4 percent as it increased its profit outlook for the year.
A solar car made by students from Japan's Tokai University was on Wednesday named the winner of a 3,000 km (1,864 miles) race across the Australian outback which aimed to show that green cars can also be mean.
Goodyear Tire & Rubber Co posted a better-than-expected quarterly profit on Wednesday, helped by cost reductions and cheaper raw materials, and forecast global industry growth in 2010.
