Xerox Corp. reached a settlement with shareholder Darwin Deason granting him special shares in the copier maker's two businesses after its split, clearing the way for the company to finish its separation by year-end.
Exxon Mobil Corp. profit sank as the world's largest publicly traded oil company posted its lowest production in seven years and warned the prolonged slump in energy markets may force a write off of 19 percent of its reserves.
GE is in conversations with oilfield services provider Baker Hughes (BHI) about a possible partnership between the two companies. Annie Palmer.
An avalanche of earnings announcements added to concerns about the health of European companies, with the region's shares falling for a fifth straight day as equity funds continued to lose money.
Enlarge / Boxes of equipment needed to install Google Fiber broadband network sit on a couch at the home of customer Becki Sherwood in Kansas City, Kansas, U.S.