- Calling it one of the most important pieces of legislation in Nevada history, Gov. Brian Sandoval has signed into law an unprecedented package of incentives to bring Tesla Motors' $5 billion battery factory to the state.
OECD Cuts Growth Forecasts The Organization for Economic Cooperation and Development lowered its growth forecasts for the U.S. and other large developed economies, and said the continued weakness of the recovery demonstrated the need for significant changes in economic policy.
India's Economy? See China in 2001 The economic race between India and China looks a lot closer if you account for one key fact: China got a 13-year head start on India in opening its economy and giving companies greater freedom to invest and produce.
US Business News
Investor Urges Breakup of DuPont An activist investor with a successful track record has launched a campaign to force DuPont to break itself up after the chemical giant rebuffed its repeated private calls for change.
Sony Sees Deeper Loss Sony expects to post a much deeper net loss for the current fiscal year, as it cut the value of its mobile communications unit after smartphone sales failed to meet expectations.
Internet Power Balance Tilts Toward Asia When Alibaba begins trading Friday, four of the world's 10 largest Internet companies by stock-market value will be based in Asia, highlighting how much action is shifting to the region.
Meet the Biggest Polluter in China's Most Polluted City Jizhong Energy, the biggest polluter in China's dirtiest city, is trying to clean itself up, highlighting the balancing act under way as regional governments and businesses try to tackle pollution without wrecking local economies.
Budweiser, a Big Sponsor, Criticizes NFL Anheuser-Busch said it was disappointed and increasingly concerned by the NFL's handling of recent incidents, which the brewer said "have overshadowed" the league's season.
FedEx Profit Jumps 24% FedEx Corp. said its fiscal first-quarter profit jumped 24%, as the package-delivery giant reported higher revenue in its ground, freight and express operations.
Sky Deutschland Advises Against BSkyB Offer Sky Deutschland's supervisory and executive boards have advised minority shareholders not to accept a takeover offer by BSkyB, saying the offer "doesn't reflect the long-term potential nor the internal value" of the company.
Zara Builds Business Around RFID Many retailers have stumbled implementing RFID tags for inventory control, but the Zara chain is working the system. The scale and speed of its rollout is drawing notice.
Boeing, SpaceX Share NASA Contracts NASA has awarded Boeing a contract worth as much as $4.2 billion and rival Space Exploration Technologies a separate pact valued at up to $2.6 billion to develop, test and fly space taxis to carry U.S. astronauts into orbit.
Inditex Hit by Global Tension Political and economic turmoil in some of Inditex's high-growth markets pressured profit and sales in the first half, reflecting a downside to the Zara owner's aggressive expansion into Asia and Eastern Europe.
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