to buy Saab
Swedish automaker Saab was rescued from insolvency when an Asian consortium sealed a deal to buy the brand's main assets with the aim of making electric cars. The buyer, National Electric Vehicle Sweden AB, is 51 percent owned by Hong Kong-based National Modern Energy Holdings Ltd. and to 49 percent by Japanese investment group Sun Investment LLC.
over pilot scare
Ten passengers are suing JetBlue over a flight during which a pilot had to be physically restrained after screaming about religion and terrorism. They claim the airline was "grossly negligent" in allowing him to fly. The lawsuit contends the airline should have known that Clayton Osbon was unfit.
in Amish fraud
An Ohio man was sentenced to more than six years in prison for defrauding fellow Amish in 29 states out of nearly $17 million. The sentencing Wednesday came after Monroe L. Beachy, 78, pleaded guilty to a scheme in which he promised to put investors' money into safe securities but instead used it for high-risk investments.
With Saudi Arabia keen to keep a lid on prices and rival Iran pushing to cut production for higher prices, OPEC ministers are deeply divided over how much crude to pump. But the 12-nation group is likely to paper over differences Thursday by deciding to leave output unchanged despite global oversupply.
as top economy
A Pew Research Center survey of people in 21 countries found 41 percent said China was the world's leading economic power, while 40 percent picked the U.S. The results do not reflect reality. America's economy remains well ahead, but the survey does highlight China's rising public image amid rapid growth.
bidding on ads
Facebook Inc. plans to introduce real-time bidding for advertising on its site, a technology used by Google Inc. and other Web companies to more effectively target ads to consumers. The service, Facebook Exchange, will let advertisers reach specific types of users on the social network based on their browsing history.
Dell to cut
Dell Inc. plans to reduce its expenses by $2 billion during the next three years as the computermaker tries to make more money in fertile fields of technology. It outlined its plan less than a month after rival Hewlett-Packard Co. said it would reduce its annual expenses by up to $3.5 billion. HP plans to eliminate 27,000 jobs over several years, but Dell didn't say whether it will lay off workers.