Mercedes-Benz, the world’s third- biggest maker of luxury cars, is planning a coupe-style sport- utility vehicle with a low, sloping roofline to gain on larger rivals Bayerische Motoren Werke AG and Audi AG.
The U.S. Supreme Court refused to revive an Arizona law that made it a crime to harbor or transport people who are in the country illegally, as the justices steered clear of a new clash over immigration rules.
Democrats are exploring a new attack line against the Koch brothers and Republican allies, telling voters the billionaire energy executives want to let home flood insurance premiums soar to help corporate America.
A labor dispute that all but shut platinum mines in South Africa since January is extending the longest shortfall in global production since 2005, which Morgan Stanley predicts will take at least four years to fix.
Two billionaire hedge fund executives have joined Ameritrade founder Joe Ricketts’s super- political action committee as it works to elect Republicans to Congress, a U.S. Federal Election Commission report showed.