PepsiCo Inc. will spell out that its Aquafina bottled water is made with tap water, a concession to the growing environmental and political opposition to the bottled water industry.
Transocean Inc. and GlobalSantaFe Corp. earned a page in the innovative deals book earlier this week, carving a route around high oil sector valuations and tightening debt markets.
Pilots of a Comair jet that crashed in Kentucky, killing 49 people, failed to recognize obvious signs they were on the wrong runway -- one that was too short for safe takeoff, U.S. investigators said on Thursday.
Gap Inc. on Thursday named Glenn Murphy as its new chief executive and chairman, giving a respected former Canadian drug chain chief with no significant fashion industry experience the mandate to turn around the world's largest apparel retailer.
A patient who became ill following two experimental gene therapy injections for arthritis has died and U.S. health regulators are investigating the cause, officials said on Thursday.
The U.S. Food and Drug Administration will ask outside advisers if GlaxoSmithKline Plc's diabetes drug Avandia should be taken off the market or remain on sale with new warnings or limits, a summary released on Thursday said.
Chrysler Group said on Thursday it would begin offering a lifetime powertrain warranty on almost all of its new vehicles to increase sales and address a longtime concern of dealers.
Royal Dutch Shell Plc expects to drill in the Arctic off the north coast of Alaska this year, despite legal challenges from environmentalists and native groups, its chief executive said on Thursday.
Coca-Cola Enterprises Inc. on Thursday reported higher-than-expected quarterly profit, citing cost controls, price increases in North America and the European launch of Coke Zero, and the bottler raised its full-year outlook.
Warren Buffett's Berkshire Hathaway Inc. has bought a small stake in Kraft Foods Inc., according to The Wall Street Journal.
Exxon Mobil Corp. posted a 1 percent drop in quarterly earnings on Thursday, missing expectations, as weaker natural gas prices and output offset higher margins from gasoline and chemicals.
Harry Potter might possess the powers to vanquish evil wizards -- but not Chinese pirates.
Electronic publisher Thomson Corp. reported a higher second-quarter profit on Thursday, as it works to complete its purchase of Reuters Group Plc.
The increased heart risk from Vioxx, Merck & Co's withdrawn arthritis medicine, begins much earlier than after 18 months of use, according to a study that contradicts assertions by the drug maker and its scientists.
Kushal Pal Singh, chairman of India's leading real estate developer, DLF Ltd. became a trillionaire in rupee terms - the third to do so - as DLF shares rose sharply by 4 percent on Monday, pushing its market value to about Rs. 1,14,744 crore (US$28.5 billion).
Ford Motor Co. is expected to post its eighth straight quarterly loss on Thursday as investors focus on signs of progress in the automaker's turnaround and its sale of luxury brands, analysts said.
India's leading steel producer Jindal Steel and Power Ltd. has inked a $2.1 billion (1.5 billion euros, 1 billion pounds) deal with Bolivia for development of one of the world's largest iron ore deposits, El Mutun, along with steel making facilities.
Nike, the world's leading maker of sports apparel, shoes and fitness instruments, has rebuffed the claims of its German rival Adidas that it has unlawfully used Indian cricket star Sachin Tendulkar's images for endorsements while he was not playing for the country.
Chrysler Corp. on Wednesday postponed its $12 billion auto loan deal, while Chrysler Financial Services sweetened the pricing on $6 billion of term loans for the second time, market sources told Reuters Loan Pricing Corp.
Siemens' new chief executive made his debut on Wednesday with a politically astute disposal, a surprise acquisition but a weak set of third-quarter results, sending Siemens shares down more than 4 percent.
Boeing Co. on Wednesday reported a higher-than-expected second-quarter profit compared with a year-ago loss, and raised its full-year forecast as it ramped up delivery of its hot-selling commercial planes and defense sales remained strong.
British life assurance company Resolution has agreed an 8.6 billion-pound ($17.7 billion) all-share merger with rival Friends Provident that will almost double its size and open the closed life funds specialist to new business growth.
Coca-Cola Co. has agreed to take part in LG Household & Health Care's acquisition of the South Korean bottling arm of Australia's Coca-Cola Amatil Ltd., a source familiar with the deal said on Wednesday.
WellPoint Inc. posted an 11 percent rise in second-quarter profit on Wednesday as the largest U.S. health insurer by enrollment increased its membership from a year earlier and better controlled administrative costs.
Honda Motor Co. beat forecasts with a 16 percent rise in quarterly profit after increased exports and currency gains outweighed higher raw material and sales costs, and it lifted its full-year forecasts to reflect a softer yen.
Accounting firm Ernst & Young plans to nearly double its transaction advisory team in Asia over the next three years, to meet rising mergers and acquisition activity in China and India, an executive said on Wednesday.
Microsoft Corp. said on Wednesday it will pipe advertisements into a slate of popular sports video games from Electronic Arts Inc., including its best-selling Madden football franchise.
Europe's second biggest car maker, Peugeot Citroen, said its recovery had started, reporting an operating profit margin of 2.7 percent in the first half of 2007 up from 2.4 percent a year ago.
German drug and chemical company Merck KGaA reported a 58 percent rise in quarterly operating profit on Wednesday, boosted partly by its acquisition of Swiss biotech firm Serono.
The family that controls Dow Jones & Co expects to decide by early next week if it wants to sell the company to Rupert Murdoch's News Corp for $5 billion, a source familiar with the matter said on Tuesday.
