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Authorities raided billionaire Eike Batista’s mansion in Rio de Janeiro this morning, impounding seven vehicles, his mobile phone and 90,000 reais in cash, among other assets, according to a police spokesman.

Amy Pascal will step down as co-chairman of Sony Pictures after a cyber attack upheaval exposed embarrassing emails between Pascal and other Hollywood figures. Linda So reports.

Sprint's latest plan for luring new subscribers is to occupy the remains of RadioShack.The long-struggling consumer electronics chain filed for bankruptcy protection Thursday. Part of its plan is for Sprint, the No. 3 U.S. wireless carrier, to open mini-shops in as many as 1,750 of RadioShack's remaining stores.Overland Park, Kansas-based Sprint Corp. has been aggressively trying to draw subscribers from its bigger rivals, Verizon and AT&T.It's had some recent success, adding nearly 1 million new customers in its latest quarter. And if approved,...

Cargo freighter loading and unloading operations will be suspended at US West Coast Ports this weekend due to continuing chronic slowdowns.