Tesla Weighs Sale of China Business to Pave Way for Potential SpaceX Merger

The U.S. automaker could sell or spin off the business in its second-largest market over geopolitical concerns.

Sony Profit Jumps More Than Expected, Raises Guidance

First-quarter net profit came in stronger than expected, supported by a rise in earnings from the music and image-sensor businesses.

BP Puts U.K. North Sea Business Up for Sale