Xiaomi Smartphone Sales Signal Slowing Growth 

China's Xiaomi reported smartphone sales of 34.7 million units in the first half of the year, less than half its full-year target.

 
Samsung Deal Not Supported by Proxy Adviser 

Glass Lewis said Samsung C&T shareholders should reject a merger plan with the Samsung conglomerate's de facto holding company, Cheil Industries.

 
GE's Divestiture Plans Hit Hurdles 

The Justice Department sued to block General Electric's planned $3.3 billion sale of its appliance business to Electrolux, leaving the company with marquee deals in regulatory limbo on two continents.

 
Electrolux Vows to Complete GE Deal 

Electrolux boss Keith McLoughlin has vowed to press ahead with the $3.3 billion purchase of General Electric's appliance business despite Wednesday's move by the Department of Justice to try to block the deal.

 
Amadeus Buys Into Low-Cost Carriers With Navitaire Deal 

Amadeus IT Holding agreed to pay $830 million for Accenture's Navitaire unit, giving the Spanish travel technology provider a bigger foothold in the low-cost airline market.

 
Justice Department Probes Airlines for Collusion 

The Justice Department is investigating whether U.S. airlines colluded on expansion plans, amid concerns from consumer advocates and politicians that the industry is trying to control capacity to keep airfares high.

 
Hewlett-Packard Officially Files to Split 

Hewlett-Packard took a big step toward its Nov. 1 breakup by filing paperwork with the SEC that outlines the two businesses it plans to create.