Lagardère's New Role at EADS Prompts Questions

On Thursday, Arnaud Lagardère is set to become chairman of Airbus parent European Aeronautic Defence & Space—but questions remain about how he has piloted his own family business.

Dunkin' Opens Third India Store

Dunkin' Brands Group Inc., the U.S.-based doughnut and ice-cream seller, is betting big on emerging markets such as India as it looks to supplement growth in its home market.

Delta Details Saudia Partnership

Delta Air Lines said its partnership with Saudia, the newly rebranded national airline of Saudi Arabia, would be more extensive then previously disclosed, a year after coming under fire from religious groups over the planned link.

Deal Collapse Sinks Pep Boys

Shares of Pep Boys-Manny Moe & Jack sank 20% after Gores Group walked away from a $804 million buyout deal for the auto-shop chain. Sagging profits undermined the proposal.

China Clears Apple 3G Device

Chinese regulators have approved an Apple device with high-speed wireless-data capabilities, suggesting the U.S. computer maker is a step closer to selling the latest version of its iPad in China.

Ex-Editor Charged With Perjury

Andy Coulson, the former communications chief of British Prime Minister David Cameron and former editor of News Corp.'s News of the World tabloid, was charged with perjury in Scotland, related to a 2010 case involving former politician Tommy Sheridan.

CVS Caremark Fights Discount Cards

CVS Caremark's pharmacy-benefit business is prepared to escalate a campaign against drug-industry coupons that the company says encourage unnecessary use of expensive brand-name drugs.

AMR to Start Union Talks

The head of American Airlines said mediated talks with unions representing its pilots and flight attendants would begin this week, ahead of a looming court deadline to decide the fate of its labor contracts.

Aereo Defends TV Service

TV startup Aereo argued in court that its streaming service doesn't violate copyright law as it is similar to a DVR. Broadcasters counter that the technology infringes copyright by creating a public copy of TV shows.

RIM Shares Slide

RIM dropped nearly 8% after its CEO warned of worse-than-expected first-quarter results and turnaround hopes diminished.

Instant Cash for MF Global Claims Is Hard to Get

Some customers of failed MF Global Holdings Inc. are facing a new woe: An avenue that held out hope of a quick recovery has some potholes.

May Again Bites Stock Investors

With just one day to go, the Dow is down 6% in May. Another decline Thursday would make this the worst monthly performance for the blue-chip index since May 2010.

Car Battery Start-Ups Fizzle

A $1 billion Department of Energy effort to bootstrap advanced battery production for electric cars has led to idle factories and a budding shake outamid doubts the surplus capacity soon will be absorbed.

Brazil Flexes Strong Arm to Reverse Slowdown

Brazilian Finance Minister Guido Mantega vowed that a weaker currency, more government-backed lending and other stimulus measures will reactivate the once high-flying South American economy.

Angry Caterpillar Strikers Hunkering Down

Strikers at a Caterpillar plant in Illinois overwhelmingly voted to reject a revised six-year-contract offer. The company tweaked its offer after mediators tried to find a compromise, but strikers said the changes were minimal.

Amazon May End Up Sharing California Tax

Amazon is bringing jobs to many states. But two California cities--San Bernadino and Patterson—are pondering whether they might wind up handing part of the tax windfall right back to the company.

Sony Rejects Online-Only Console

Sony considered but rejected a download-only scheme for its next videogame console, opting to include optical disk drives.

Fed Board Reflects Obama's Influence

With the swearing in of a seventh board member, the Federal Reserve is at full capacity for the first time since 2006. The panel bears the activist stamp of President Obama, who nominated six of seven governors.

Gupta's Lawyers Try to Peg Galleon Traders as Liars

In the insider-trading trial of Rajat Gupta, defense lawyers attempted to portray Galleon Group employees as storytellers who lied about having connections to the highest echelons of corporate America.

Fiat Industrial Plans CNH Merger

Fiat Industrial intends to merge itself with CNH Global, a U.S.-based agricultural-to-construction equipment business it mostly owns already, in a bid to boost the combined firm's access to capital markets.