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P&G to Ditch Duracell as Battery Business Drains Q1 Earnings
The biggest factor behind Procter & Gamble's lower earnings was a $932 million one-time charge to write down the value of the Duracell battery business.
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Microsoft Q1 Revenues Rise on Cloud Services, Xbox
Xbox sales more than doubled in the quarter, which saw the console released in 28 new markets.
Heads Roll in Russia as More Details Emerge of Total CEO Crash
Heads Roll in Russia as More Details Emerge of Total CEO Crash
Top Russian airport officials quit as more employees are detained over the Moscow plane crash that killed the CEO of French oil giant Total.
BP, GDF Suez Announce New North Sea Oil Discovery
BP, GDF Suez Announce New North Sea Oil Discovery
British oil giant BP and European energy conglomerate GDF-Suez announce a new oil discovery in the North Sea.
GM Earnings Drop 14%
GM Earnings Drop 14%
GM also announced no fresh financial hit from recalls announced in the wake of the faulty ignition scandal. Charges totaling $2.5 billion to cover recalls weighed on earnings in the prior two quarters.
Caterpillar Cites Operational Strength for Strong Quarterly Earnings
Caterpillar Cites Operational Strength for Strong Quarterly Earnings

NEW YORK -- Caterpillar (IW 500/23) reported Thursday sharply improved earnings for the third quarter despite slower global economic growth.

Caterpillar, maker of a wide range of construction, machinery and mining equipment, said third-quarter net profit rose eight percent from a year ago to $1.02 billion.

Excluding restructuring costs, earnings per share were $1.72, far above analyst expectations of roughly $1.35 per share.

Sales and revenues rose 1% to $13.55 billion.

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Thalidomide Manufacturer Wins Appeal in Spain Compensation Case
Madrid's provincial court said the statute of limitations for the case against German pharmaceutical company Grunenthal had expired.
Canadian-Made Ebola Vaccine Begins 2nd Trial in US
Canadian-Made Ebola Vaccine Begins 2nd Trial in US
A second clinical trial testing a Canadian-made vaccine against Ebola in humans began on Wednesday at the US National Institutes of Health.
J&J to Start Testing Ebola Vaccine in January
J&J Aiming to Produce 1 Million Doses of Ebola Vaccine in 2015
Janssen, a unit of J&J, plans to produce more than one million doses of the vaccine regimen in 2015, and 250,000 of them are expected to be released for broad application in clinical trials by next May.
Boeing, Chinese Firm to Turn "Gutter Oil" into Jet Fuel
Boeing, Chinese Firm to Turn 'Gutter Oil' into Jet Fuel
The two companies estimate that waste oil in China could yield 500 million gallons of biofuel annually.
Christophe de Margerie
Total Names New Bosses as Russia Probes Fatal CEO Plane Crash
Thierry Desmarest, who had once prepared De Margerie for the top job, now appears to have been asked to do the same for newly named chief executive Philippe Pouyanne, who currently heads the refining and chemicals division.
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Activist Investor Loeb Tells Amgen to Consider Breakup
Billionaire activist investor Daniel Loeb successfully pressed for shakeups at Yahoo and other leading companies, and in May reached a deal with Sotheby's to join the board of the auction house after faulting management for weak strategy and excessive spending.
WHO Pools Experimental Ebola Vaccines as Experts Scramble to Beat Virus
WHO Pools Experimental Ebola Vaccines as Experts Scramble to Beat Virus
A batch of experimental Ebola vaccine was set to arrive in Switzerland from Canada on Tuesday as researchers scramble to beat the deadly disease that has west Africa in its grip.
Workers Strike for Better Pay at Embraer
Workers Strike for Better Pay at Embraer
The workers downed tools on the day Embraer presented its new KC-390 military transport plane as part of plans to ramp up its presence in the military sector.
Samsung Devices Get Top US Security Clearance
Samsung Devices Get Top US Security Clearance
Samsung products had already been on the U.S. Defense Department list of approved hardware for "sensitive but unclassified" use, but the latest approval expands that to more secret information.
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