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Google?s proposed purchase of the online advertising firm DoubleClick received no outright opposition at a Senate hearing Thursday.

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Questions about management succession linger at Fidelity Investments despite a revamp that expands the role of Abigail Johnson, the daughter of Fidelity?s founder.

Bayerische Motoren Werke will cut spending by 6 billion euros ($8.5 billion) over five years and change senior management after losing ground to the Mercedes Car Group of DaimlerChrysler.

China raised the interest rate on mortgage loans to 1.1 times the nation?s benchmark lending rates and increased the minimum down payment on apartments intended for investment in an effort to cool surging property prices.

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