General Motors Corp. said Tuesday that when it announced its third-quarter earnings in October, it was not aware of the $24 million worth of loans made by its financing subsidiary. The automaker revised its previously declared loss to $91 million, or 16 cents a share, from the $115 million, or 20 cents its quarterly filing with the Securities and Exchange Commission.

FedEx Express, a unit of FedEx Corp., on Tuesday terminated an order for 10 Airbus A380s freighters, giving a major setback to the European aircraft maker whose flagship double-deck, four-engined airliner has been hit by costly delays.

Samsung Electronics Co. and Sony Corp. created a new market by overcoming cultural barriers in their joint liquid crystal display venture. To celebrate a major milestone in the construction of the eighth-generation LCD line, a topping out ceremony was held on Thursday at the Tangjeong production complex by the two companies’ joint project, S-LCD Corporation.

Goodyear Tire & Rubber Co., the largest U.S. tire maker is planning to axe 1,100 jobs by closing its Tyler plant, in Texas. The news of its closure has brought anger and frustration among the workers who claim to have done everything possible to help the company in the last few years including pay cuts, benefit concessions and efficient productivity.

John Laing PLC, a British construction company headquartered in central London, announced Friday it has accepted a £957.5 million ($1.8 billion) cash offer from a private equity fund owned by the German financial giant Allianz SE, after taking off support for a previous offer by an Anglo-Australian asset management company Henderson Global Investors.

The Coca-Cola Co. on Monday announced a landmark donation of 2.5 acres of company-owned land worth $10 million for the construction of a U.S. Civil Rights museum in downtown Atlanta.

Indian steel major, Tata Steel has won approval from Anglo-Dutch steelmaker Corus Group for its US$8 billion takeover bid, creating the world's fifth-largest steel company.

Continuing its buying spree, the Wisconsin based Oshkosh Truck Corp. has announced that it will acquire JLG Industries Inc. in an all cash for $3 billion.