Bank of America Profit Rebounds to $3.36 Billion as Costs Drop

April 15, 2015 10:40 AM

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The European Union escalated its four-year-old probe into Google Inc., accusing the Internet giant of abusing its dominance of the search-engine market and starting a new investigation into its Android mobile-phone software.

The European Commission sent a “statement of objections” to Google that alleges the company unfairly favors its own comparison shopping service above rivals. Regulators will also look at Google’s contracts with phone and tablet makers to check if they are forced to use the company’s services or bloc...

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