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Mark Hurd in Talks With Oracle
Mark Hurd, who resigned as chief executive of Hewlett-Packard last month, is in talks to join Oracle as a top executive.
BP Replaces Blowout Preventer
BP has placed a new blowout preventer at the top of the well that unleashed the Deepwater Horizon oil spill, and it is moving forward with a procedure to bring about its final demise.
UPS Cargo Plane Crashes Near Dubai
A UPS cargo plane crashed Friday evening after takeoff near Dubai, killing two pilots in the package delivery giant's first fatal aircraft accident.
Withdrawals Continue at Kabul Bank
Afghans continued pulling money from Kabul Bank—their country's largest bank—Saturday, despite assurances from top officials that the lender was financially secure.
Kremlin to Nominate Rosneft CEO
The Russian state will nominate Rosneft's first deputy President Eduard Khudaynatov to head the company, a spokesman for Russian President Dmitri Medvedev said.
Texas Probing Google's Searches
Google said the Texas attorney general's office is conducting an antitrust review of the Web giant's core search-engine business, another sign of growing government scrutiny of the company.
KT to Sets iPhone Date
South Korea's KT Corp. will start selling Apple's iPhone 4 in the country on Sept. 10.
Roche Launches Cost-Cutting Plan
Faced with austerity programs and health-care reforms around the world, Roche launched a cost-cutting plan that may include job reductions and a revamp of its research-and-development business
Campbell's Soup Sales Slip
Campbell Soup quarterly profit rose 64% as the company cut costs, but its soup sales continued to decline despite efforts to attract consumers with more promotions.
T-Mobile in Talks for New Phone
T-Mobile USA is in talks to distribute Huawei Technologies's new Google-powered smartphone this holiday season. The Ideos phone could be priced under $100 in the U.S.