Barclays Scraps Dividend Target

Barclays reported a rise in profit but scrapped its dividend target to retain capital as part of a fresh effort by Executive Chairman John McFarlane to reshape the beleaguered British bank

RBS Plans $2.2 Billion Citizens Sale

Royal Bank of Scotland said it would raise $2.2 billion from the sale of 86 million shares in Citizens Financial Group Inc. via a public offering.

Global Logistic Properties to Buy 200 U.S. Warehouses for $4.6 Billion

Global Logistic Properties, a warehouse owner part-owned by Singapore's sovereign-wealth fund, is acquiring about 200 U.S. warehouses for $4.6 billion in one of the largest real-estate deals of the year.

Solvay to Buy Cytec Industries for $5.5 Billion

Belgium-based chemicals company Solvay said it is buying U.S. counterpart Cytec Industries for $5.5 billion to boost its product offering.

Total's Profit Shows Limited Impact of Oil Price

French oil major Total SA said aggressive cost-cutting and an increase in oil output helped offset the fallout from the collapse in the price of oil on its bottom line.

Peugeot Swings to First Profit Since 2011

French car maker PSA Peugeot Citroën turned a profit for the first time since 2011 as higher prices, favorable foreign exchange rates and improved efficiency boosted the bottom line.

China's GSR Aims Big for Overseas Tech Deals

GSR Ventures co-founder Sonny Wu spoke with The Wall Street Journal about China's growing ambitions overseas and the type of deals the GSR Global M&A Fund will target.

Microsoft Hopes Sneak Peeks Will Pay Off

For Windows 10, Microsoft went all-out to turn around perceptions among corporate customers. For the better part of a year, it distributed in-progress versions to companies and gathered their feedback.

Intel, Micron Claim Memory-Chip Breakthrough

Intel and Micron say they developed a new breed of memory chips that could bring dramatic performance gains to computers, smartphones and other kinds of high-tech products.

Twitter's Ad Woes Subside, but Growth Stalls

Twitter's advertising business appears to be working its way past a temporary hiccup, but the growing pains are far from over.

U.S. Steel Posts Wider Loss

U.S. Steel posted a wider loss and reported a 34% revenue decline as the steel market remained "significantly challenging."

Wal-Mart Warns Suppliers Over Labeling Laws

Wal-Mart has sent out a memo to hundreds of suppliers warning them to comply with labeling laws, emphasizing that the amount inside a package matches what is printed on the outside.

Yelp Cuts Revenue Guidance

Review-site firm Yelp Inc. cut its revenue guidance for the year Tuesday and said Chairman Max Levchin plans to step down from the company.

Gilead Sales Soar on Hepatitis Drugs

Gilead Sciences said its two key hepatitis C drugs, Sovaldi and Harvoni, generated about $4.9 billion in sales in the second quarter, topping Wall Street estimates.

Regulators Tell AIG, Prudential and GE Capital to Improve 'Living Wills'

Regulators told three huge financial firms to do a better job explaining how they would handle a bankruptcy without harming the U.S. economy, signaling that the companies have work to do to avoid regulatory sanctions in the future.

Owners of Interstate Hotels & Resorts in Talks to Sell Company

The U.S.-Chinese joint venture that owns Interstate Hotels & Resorts, the largest independent hotel-operator in the U.S., is in discussion to sell the company, according to people familiar with the matter.