Federal regulators delayed new rules to create standards for the mortgage-lending industry, a move that could further hold back the thin market in mortgage-backed securities not backed by the federal government.
Microsoft rolled out a near-complete version of its new operating system Windows 8, a step in the effort to reboot its flagship software for an era dominated by mobile gadgets.
The U.S. and the EU expect to announce as soon as Friday a deal on mutual recognition of standards for air-cargo security screening that would save time and money for shippers.
Gaylord to Convert to REIT, Sell Management Business
Gaylord Entertainment, owner of four massive conference resorts, will sell its brand and management operations to Marriott International for $210 million and convert its property holdings to a real-estate investment trust.
India's gross domestic product grew at its slowest pace in almost a decade in the January-March period, adding weight to growing evidence the nation's economy is heading into troubled waters.
The head of NYSE Euronext's technology division resigned, marking the second high-level departure announced by the Big Board parent in as many days amid a realignment of its management.
A Chinese industry group said the U.S. Commerce Department's decision to impose tariffs on Chinese wind-turbine towers would have a "negative effect" on related U.S. industries.
Hollywood veteran Alan Horn was named chairman of Walt Disney Studios, succeeding Rich Ross. While at Warner Bros, Mr. Horn oversaw successes including the "Harry Potter" franchise and "Seinfeld."
Nike said it plans to shed its Cole Haan and Umbro brands, seeing greater potential to speed its profit growth through its namesake brand, as well as its Jordan, Converse and Hurley lines.
U.K. Culture Minister Jeremy Hunt, appearing before a press-ethics inquiry, said he became an objective authority once he was appointed to the role of reviewing News Corp.'s bid to buy all of BSkyB.
China's pledge to give private capital real access to the nation's lucrative banking sector has triggered more skepticism than excitement, with analysts saying entry barriers remain firmly in place.
Xstrata shareholders will vote in July whether to accept an unsweetened all-share merger with Glencore International and approve retention packages totaling about $260 million for Xstrata executives.
Clorox is introducing a more-concentrated version of its namesake liquid bleach, necessitated by new high-efficiency washing machines and shifting consumer habits.
Honda's climb back from a deep slump puts pressure on its breadwinner U.S. operation to lead the way by reclaiming a 10% share of the American market with a double-digit increase in sales.
Critics of large banks argued for stricter rules to limit risky trading in the first public debate on the so-called Volcker rule since J.P. Morgan Chase announced a more than $2 billion trading loss.
The private SpaceX capsule returned home from its unprecedented trip to the International Space Station, making a precise splashdown off Southern California's Pacific coast. "This couldn't have gone better," said SpaceX CEO Elon Musk.