Business & Financial News, U.S & International Breaking News

CBS Corp on Tuesday named Richard Parsons, a former Time Warner Inc chief executive, as interim chairman of its board as the company renews its push to merge with Viacom Inc .

Nike Inc topped first-quarter profit on Tuesday, but a small rise in gross margins and no change in its 2019 forecast despite the launch of a successful ad campaign was not enough for some investors, sending shares down 4 percent after hours.

Brent oil edged further away from a four-year high on Wednesday and U.S. crude fell, after the U.S. said it would ensure crude markets are well supplied before sanctions are re-imposed on Iran and as President Donald Trump criticized high prices.

Rosmah Mansor, the wife of former Malaysian prime minister Najib Razak, arrived on Wednesday at the country's anti-graft agency for a second round of questioning over a corruption probe at state fund 1MDB.

Pope Francis on Tuesday defended a landmark deal between the Vatican and China on the appointment of bishops, saying he, and not the Beijing government, will have the final say on who is named.

Apple Inc shaved some parts from the display in its largest new iPhone, helping keep costs under control in what has become the priciest component of its phones in recent years, according to a new cost analysis of the device.