Volkswagen, BMW Fined $1 Billion by Europe Over Diesel-Tech Collusion

The European Commission penalized the two German auto makers, as well as VW’s Porsche and Audi units, after finding that they had colluded to impede competition in diesel emissions systems.

Facebook Acquisition Review Shows EU’s New Antitrust Power

The company has hit a new obstacle in Europe for its...

Activision Replaces Blizzard Head as It Grapples With Gender-Bias Lawsuit

A California agency accused executive J. Allen Brack and others at...

Alibaba Posts Quarterly Profit Lifted by E-Commerce and Cloud Computing

The tech giant’s profit attributable to shareholders was about $6.99 billion...

American Dream Aims to Ride Luxury Wave

The sprawling shopping mall and entertainment center outside Manhattan is opening...