Stanley Black & Decker Puts Unit Up for Sale

Stanley Black & Decker has put up its hardware and home-improvement unit for sale in an auction that could fetch around $1.5 billion.

Start-Up Acquires Saab Auto Assets

A large part of the assets of bankrupt car maker Saab Automobile have been sold to a Chinese-Japanese backed electric vehicles start-up for an undisclosed sum, bankruptcy administrators said.

Customer Ratings Rise for Low-Cost Airlines

Low-cost airlines in North America have continued to make strides in passenger satisfaction, while traditional carriers have seen their ratings fall slightly, according to J.D. Power.

Lawmakers Press Huawei, ZTE

U.S. lawmakers investigating spying threats from China are pressing two Chinese telecommunications firms for details about their relationship with Beijing and with U.S. companies.

Ex-BOJ Muto: Increase JGB Purchases

Buying government bonds with longer maturities should be an option for the Bank of Japan if the European debt crisis worsens said a former deputy governor seen as a potential candidate to take the reins at the central bank.

HTC Resists Push Toward Low-End Phones

Smartphone maker HTC will stick to its strategy of selling medium- to high-price phones, where Apple and Samsung dominate.

U.S. Solar-Panel Market Seen Doubling

The U.S. market for solar panels is likely to double in 2012, thanks to government policies and falling prices, although new tariffs on panels imported from China could contribute to slower growth in 2013, according to a new study.

TomTom Reaches Apple Maps Deal

Apple has ditched Google Maps and forged a deal with navigation-system maker TomTom for mapping services in the next version of the software powering Apple's iPhones and iPads.

Facebook Takes on Critics

Facebook defended itself Tuesday against claims that advertising on the site doesn't work.

Carlsberg Plans Huge China Brewery

Carlsberg will build a massive brewery in the Chinese province of Yunnan to serve growing beer demand in the vast country.

Wal-Mart Review Includes India, South Africa

Lawyers hired by Wal-Mart to evaluate its anticorruption policies have recommended adding India and South Africa to a review that includes Mexico, Brazil and China, said a letter to the company from congressional Democrats.

Major Says Murdoch Sought Political Change

Former U.K. Prime Minister John Major, testifying at a media-ethics inquiry, said News Corp. CEO Rupert Murdoch told him his papers wouldn't support him unless he changed his stance on Europe.

Swelling Bond Yields Add to EU Pressure

Spanish government-bond yields pushed higher for a second day, ratcheting up pressure on European policy makers to devise another, and bolder, response to the swelling sovereign-debt crisis.

Meter Firm Elster May Fetch $2 Billion in Sale by CVC

Elster Group, a publicly traded German gas- and electric-meter company majority owned by investment firm CVC Capital, is on the auction block and could fetch more than $2 billion.

Rising China Steel Exports May Fuel Trade Spat

Chinese exports surged last month to their highest level since June 2010, potentially setting the stage for further trade disputes with the U.S.

Report of Defibrillator Lead Flaw Hits St. Jude

An unconfirmed report in a government database sparked new fears that St. Jude Medical Inc.'s latest defibrillator "leads" could share the critical flaw of an earlier version of the device that St. Jude no longer sells.

Court Tosses EPA Rule on Navistar

A federal court overturned an EPA ruling that allowed Navistar International to sell diesel engines that fail to meet pollution standards, a move that could suspend sales of the engine.

U.K. Reopens Probe Into Google Street View

The U.K. government's information watchdog reopened an investigation into Google's collection of personal data from unsecured wireless networks, nearly two years after ending its original probe.

Renault Executive Calls for Auto Market Support

A senior executive of French car maker Renault called for government support for the flagging European and French auto market.

Verizon Wireless Unveils Shared-Data Plans

Verizon Wireless lifted the curtain on its long-awaited shared-data plans that allow users to put additional devices under one umbrella.