Lafarge, Holcim Near Deal to Sell Assets to CRH

Cement giants Lafarge SA and Holcim Ltd. are nearing a deal to sell at least $7 billion worth of assets to Ireland’s CRH PLC, according to people familiar with the matter.



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Chimerix Scraps Ebola Drug Trial

Chimerix Inc. scrapped testing of its experimental antiviral in Ebola patients in Liberia, saying the number of infections had dropped in recent weeks, and that only a handful of patients had been enrolled in the Liberian study.



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Auto Makers Recall 2.12 Million Cars, SUVs for Air Bag Fix

An array of auto makers are recalling more than 2 million older-model vehicles to address air bags that can deploy inadvertently because of an electronic component supplied by TRW Automotive Holdings.



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Panasonic Stops Making TVs in China

Panasonic Corp. has stopped making televisions in China, faced with severe price competition and slowing market growth, a person at the company said Saturday.



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Spain's Economic Growth Accelerates

Spanish economic growth accelerated more than expected in the fourth quarter, as consumer spending rebounded, suggesting that lower oil prices could be more beneficial for major European economies than many had anticipated.



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Recalls Hit Honda Earnings

Honda cut its profit outlook for a second consecutive quarter, the latest indication of the growing toll of two recalls—one involving exploding air bags made by Takata and the other related to the redesigned Fit subcompact.



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ANA Orders $2.2 Billion in Aircraft From Boeing, Airbus

All Nippon Airways agreed to buy eight new planes from Boeing in an order valued at about $1.4 billion, while also taking $828 million worth of Airbus Group planes.



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Xerox Cuts Outlook on Weakening Euro

Xerox cut its outlook for 2015, citing a weakening euro, and gave a disappointing outlook for its current quarter.



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Alibaba Is Tested by Regulators, Mobile

Alibaba reported disappointing revenue growth, while a senior executive defended the e-commerce giant against Chinese government allegations that it failed to crack down on fakes.



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Ford Forecasts Stronger 2015

Ford pledged to put weaker earnings behind it with a strong 2015 profit forecast, but persistent losses in Europe and emerging markets last quarter show the hurdles facing its efforts to kick results into overdrive.



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Shake Shack Prices IPO at $21, Above Expectations

Restaurant chain Shake Shack Inc., known for its burgers and crinkle-cut fries, priced its initial public offering above expectations at $21 apiece late Thursday.



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How Sharp-Elbowed Uber Is Trying to Make Nice

Facing roadblocks, ride-sharing service Uber is trying to present a softer side to its aggressive push into global markets.



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IPO Sizzles as Shake Shack Tests Big Chains

Shares of Shake Shack Inc., rocketed up 119% on their first day of trading from their initial public offering price of $21 each, ending at $45.90 in 4 p.m. trading and giving the operator of 63 restaurants a valuation topping $1.6 billion.



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IBM CEO Rometty to Receive $3.6 Million Bonus

International Business Machines Corp. said Chief Executive Virginia Rometty will receive a $3.6 million bonus for her performance in 2014, despite annual declines in profit and revenue at the computing giant.



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Shire Drug Cleared to Treat Binge-Eating Disorder

Shire’s drug Vyvanse became the first drug approved for sale in the U.S. to treat the estimated 2.8 million adults who have a binge-eating disorder.



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Brazil's Vale Plans to Cut Dividends

Brazilian mining giant Vale SA plans to slash dividends to the lowest level in eight years in a bid to shore up cash amid spiraling commodities prices.



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Monsanto Shareholders Approve Nonbinding Proxy-Access Proposal

Monsanto shareholders rejected a stockholder proposal urging the separation of the chairman and CEO roles, but approved a nonbinding proposal requesting “proxy access” adoption.



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Lower Oil Prices Help Truck Demand, Paccar Says

Lower oil prices should cause more U.S. consumer spending, which will stimulate demand for commercial trucks this year, Paccar said.



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Falling Prices Spread Pain Across Oil Patch

Trouble has been looming over the oil patch since crude prices began falling last summer. But only now are the long-feared effects of a bust starting to ripple through the energy ecosystem.



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Sunday's Challenge for Box Makers: 12.5 Million Pizzas

Super Bowl Sunday is the biggest day of the year for takeout pizza, with Americans expected to order about 12.5 million pies. That also makes it the biggest day for companies that make corrugated pizza boxes.



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Judge Clears Way for Dendreon to Auction Provenge

A bankruptcy judge Friday paved the way for Dendreon to auction its flagship, Provenge, to the highest bidder, a day after Valeant Pharmaceuticals set a $296 million floor price for the prostate cancer drug.



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FCC Names Winning Bidders In Wireless Spectrum Sale

AT&T spent $18.2 billion in the latest sale of U.S. wireless licenses, easily topping other bidders and capping a yearlong spending spree that has raised concerns the telecom giant is getting stretched.



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U.K.'s Daily Mail Buys Elite Daily

Britain’s Daily Mail & General Trust said it has acquired cultural news website Elite Daily as part of a plan to broaden its footprint in the U.S.



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A Super-Bowl Ad Is Just Half the Battle

For marketers, Super Bowl commercials are just part of the blitz for the big game. Ad executives say it is equally important to make a splash with eye-catching displays at retail stores to reinforce a brand’s message.



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American Airlines, US Airways Pilots Approve Joint Contract

Pilots from American Airlines Group Inc. and US Airways approved a joint contract Friday after months of negotiations, a major step in American’s path to integration since its 2013 merger with US Airways.



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Pom's Ads Were Misleading, Court Says

A federal appeals court upheld Federal Trade Commission findings that pomegranate-juice maker Pom Wonderful made false and misleading claims its products were effective in fighting heart disease and prostate cancer.



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Lear Profit More Than Doubles on Strength in North America

Lear Corp. said its fourth-quarter profit more than doubled as the automotive-seating and electric-systems company posted strong growth in North America, its largest region.



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Shake Shack Trades Higher in Market Debut

Shares of Shake Shack, a restaurant chain known for its burgers and crinkle-cut fries, opened at $47.21 in their market debut, 125% above their IPO price.



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Beazer Homes Loss Widens Amid Warranty Charge

Beazer Homes USA Inc.’s loss widened in its December quarter as home closings fell and the company was hit by unexpected warranty costs that eroded profitability.



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Alibaba, China's SAIC Working Together to Fight Counterfeits

Chinese regulators said late Friday that they will be working with e-commerce giant Alibaba Group Holding Ltd. to fight counterfeit products sold online.



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Apple, Google and Amazon Reach 'Freemium' Agreement

Apple, Google and Amazon reached an accord with Italy’s competition authority that allows the U.S. companies to avoid fines for allegedly misleading people to make purchases in mobile phone apps that are initially free to download.



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China Regulator in Spotlight Over Counterfeits

Alibaba Group’s public fight with the Chinese government over fakes is putting a spotlight on a little-known but increasingly aggressive regulatory agency that is seeking greater sway over the country’s vast e-commerce market.



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Consol Energy Posts Higher Revenue, Production

Consol Energy Inc. said its revenue and production volume rose in the most recent quarter.



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Chevron Results Helped by Refining

Chevron Corp. posted better-than-expected results in its December quarter, as asset sales and strength in its refining segment helped offset tumbling crude oil prices.



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AbbVie Results Top Expectations

AbbVie Inc. reported fourth-quarter results that topped Wall Street expectations amid strong sales growth, even as expenses related to its scuttled merger with Shire PLC dragged the company to a loss.



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Cheap Oil Sours Big-Ticket Energy Projects

Chevron’s big-budget exploration projects, conceived during an era of high energy prices, are starting to produce their first barrels of oil as a global glut is making the payoff from such projects less certain.



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Flight Attendant Claims Pressure to Cover Up 'Nut Rage' Incident

The flight attendant at the center of the “nut rage” incident involving the daughter of the chairman of Korean Air said she lied about what happened because she felt pressure from company executives to speak well of the heiress.



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Tyson Foods Tops Expectations on Surging Sales

Tyson Foods posted a better-than-expected 24% jump in revenue in its December quarter as sales in its packaged food segment surged. The results topped Wall Street expectations.



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Rising Dollar Hits Google Revenue

The rising dollar claimed another victim as Google’s revenue grew slower than expected. Absent the dollar’s impact, revenue would have risen roughly 20%.



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Amazon Delivers $214 Million in Profit

Amazon posted higher-than-expected net income for the fourth quarter, despite sales growth below forecasts. The e-commerce giant’s spending continued to weigh on its bottom line.



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Senate Passes Keystone XL Bill

The Senate on Thursday passed legislation approving the Keystone XL pipeline, moving the GOP-controlled Congress one step closer to a showdown with President Obama over the long-stalled project.



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Air Force to Open Additional Satellite Launches to Competition

The Pentagon will announce plans next week to open more space rocket launches to competition, paving the way for SpaceX to try to win its first military business, according to U.S. officials familiar with the plan.



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Costco to Spend $2.2 Billion to Pay One-Time Dividend of $5 Per Share

Costco Wholesale Corp. said Friday that it will spend $2.2 billion to pay out a one-time dividend of $5 a share.



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BT Plans $2.3 Billion Pension Plug

BT Group plans to inject $2.3 billion into its pension plan by the end of April as part of a new 16-year program at the British telecom operator to shrink its multibillion-dollar pension-fund deficit.



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Eli Lilly Sales Hit by Patent Expirations, Currency

Eli Lilly and Co. said foreign-exchange pressures weighed on sales in the most recent quarter as the pharmaceutical company continued to suffer the impact of patent expirations on some of its key drugs.



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Mattel Vows Urgency to Improve Results

Toy maker Mattel confirmed a decline in sales and profit during the crucial holiday-shopping quarter, and said it would act with urgency to improve results.



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JAL, ANA Cautious About Helping Bankrupt Skymark Airlines

Japan’s two biggest airlines are taking a wary stance over helping Skymark Airlines after it filed for bankruptcy protection earlier this week.



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Bank of Russia Cuts Interest Rates

The Bank of Russia unexpectedly cut interest rates, painting a gloomy economic picture and prompting the ruble to fall.



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Which Future Lies Ahead for BuzzFeed?

BuzzFeed, the eight-year-old news website that pioneered the “listicle,” has many imitators but now must prove that its growth model is sustainable and that “native ads” can generate measurable returns for brands.



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Maersk in Talks Over $1.5 Billion Ship Order

Denmark’s Maersk Line, the world’s biggest container-shipping company by capacity, is in early talks with Asian shipbuilders to order up to 10 container megaships worth around $1.5 billion.



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FCC Raises Billions in Spectrum Sale

The Federal Communications Commission’s biggest ever auction of wireless spectrum closed Thursday and raised a record $44.9 billion, a sign of the growing cost of supporting Americans’ smartphone habit.



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Harley-Davidson Sales Growth Worldwide Tops U.S.

Harley-Davidson Inc., socked by the strong dollar and tougher pricing competition, reported Thursday a 1.2% decline in profit for the fourth quarter.



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Eurozone Consumer Prices Fall Sharply

Consumer prices in the eurozone fell more sharply and more broadly in January, heightening the risk of a slide toward deflation that the ECB hopes to halt and then reverse through its new bond-buying program.



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Spain's Economic Growth Accelerates

Spain’s economic growth accelerated in the fourth quarter as consumer spending bounced despite deepening deflation, statistics institute INE said.



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Broadcom Profit Soars on Sales Growth, Lower Costs

Broadcom Corp. said fourth-quarter earnings surged thanks to continued growth in the chip maker’s broadband and connectivity business, as well as lower costs.



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Shell to Cut Spending

Royal Dutch Shell posted higher profit but said it would freeze dividend payments and curb planned spending over the next three years by some $15 billion as it struggles with weaker oil prices.



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Potash Corp. Profit Jumps 77%

Potash Corp. of Saskatchewan raised its quarterly payout on Thursday and said fourth-quarter earnings jumped 77%, fueled by record potash sales volumes and higher prices for its fertilizer nutrients.



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Taj Mahal Workers Rally at Icahn's Office

A group of Atlantic City, N.J., casino workers rallied outside billionaire Carl Icahn’s Manhattan office Thursday to protest benefit cuts made as part of a protracted battle to keep the Trump Taj Mahal from closing.



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Hanesbrands Profit Surges on Recent Acquisitions

Fourth-quarter profit more than doubled as the apparel company recorded its second consecutive year of record sales, boosted by the purchases of Maidenform and DBApparel.



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Kayak Offers Searches for Cuban Travel

Thursday brought another sign that travel between the U.S. and Cuba is getting easier: Travel search-engine Kayak.com started offering hotel and flight results for Cuba.



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Nokia Notches Up Better-Than-Expected Profit

Finland’s Nokia Corp. reported better-than-expected fourth-quarter net profit and fattened its dividend but investors took fright at a fall in revenue from the licensing of its large catalog of patents.



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Cheap Oil Sours Big-Ticket Projects

Chevron’s big-budget exploration projects, conceived during an era of high energy prices, are starting to produce their first barrels of oil as a global glut is making the payoff from such projects less certain.



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Spotify Seeks to Raise About $500 Million

Music streaming service Spotify is working with Goldman Sachs on a new round of private fundraising, potentially putting off an initial public offering for another year.



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Manitowoc to Split Crane, Food-Service Arms

Manitowoc said it will split its cranes and food-service businesses into two separate, publicly-traded companies, a move sought by activist investor Carl Icahn.



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Northrop Grumman, Raytheon Pledge Boost in Spending and Exports

Northrop Grumman Corp. and Raytheon Co. on Thursday both pledged to boost research spending and exports, but the two defense companies received sharply different reactions from investors.



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Gap Cuts Creative Director Role

Gap said Thursday that it has eliminated creative director Rebekka Bay’s position as part of the struggling retailer’s latest management shake-up.



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Two-Tier Economy Reshapes U.S. Marketplace

The advance of wealthy households, while middle- and lower-income Americans struggle, is reshaping markets for everything from housing to clothing to beer.



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Google Reports Disappointing Revenue

Google reported disappointing revenue growth in the holiday quarter amid further indications of slowing growth in its maturing search-advertising business.



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Airline Booker Draws Complaints of Irregularities

Spain’s EDreams Odigeo has grown to rival Expedia as a global leader in airline bookings, but it has also become a magnet for customer complaints about irregularities in booking practices, a Wall Street Journal review found.



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Amazon's Profit Drops Less Than Expected

Amazon’s said its fourth-quarter profit declined less than expected and sales surged 15%, though the e-commerce giant’s spending continued to weigh on its bottom line.



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Air Force to Open Additional Satellite Launches to Competition

The Pentagon will announce plans next week to open more space rocket launches to competition, paving the way for Elon Musk’s SpaceX to try to win its first military business, according to U.S. officials familiar with the plan.



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Samsung Pegs Rebound on Mobile Chips

Samsung offered signs that the worst was likely over for its mobile division, as the company turns to mobile chips and cheaper handsets to spur a recovery in profit.



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Senate Moves Closer to Keystone Passage

The GOP-controlled Senate on Thursday inched closer to passage of a bill approving the Keystone XL pipeline, despite opposition from President Obama, who has threatened to veto it.



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Petrobras' Internal Review of Corruption Could Last Two Years

An internal investigation into alleged corruption at Brazilian state-run oil firm Petroleo Brasileiro SA will cost the company approximately $57 million this year and could last up to two years, its chief executive said Thursday.



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McDonald's CEO Out as Sales Drop

McDonald’s said Chief Executive Don Thompson was leaving, less than three years into his tenure, and promoted a company veteran to try to revive the fast-food giant from its worst slump in more than a decade.



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Which Future Lies Ahead for BuzzFeed?

BuzzFeed, the eight-year-old news website that pioneered the “listicle,” has a host of imitators but it now must prove that its growth model is sustainable and that “native ads” can generate measurable returns for brands.



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GM's Opel to Halt St. Petersburg Production

General Motors Co’s Opel unit, responding to the slump in the Russian market, will halt production for nearly two months at its St. Petersburg, Russia, facility and review its plans for the region.



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FCC Raises Billions in Spectrum Sale

The Federal Communications Commission’s biggest ever auction of wireless spectrum closed Thursday and raised a record $44.9 billion, a sign of the growing cost of supporting Americans’ smartphone habit.



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Harley-Davidson Sales Growth Worldwide Tops U.S.

Harley-Davidson Inc. said foreign-exchange pressures weighed its results in the most recent period, while international motorcycle sales outpaced those in the U.S.



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L-3 Communications Earnings Rise on Foreign Demand

L-3 Communications HoldingsInc. said its fourth-quarter earnings rose as higher shipments to foreign governments offset lower domestic demand.



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Facebook Earnings Rise on Mobile Growth

Facebook’s earnings jumped 34% in the holiday quarter on gains in mobile advertising, but its shares fell more than 2% in after-hours trading as expenses rose faster than revenue.



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ConocoPhillips Records Loss, to Further Slash Capital Budget

ConocoPhillips announced plans Thursday to pare its capital budget by another 15% as the exploration and production company swung to a loss in its fourth quarter amid tumbling crude oil prices.



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Coach's Earnings Fall Less Than Expected

Coach posted lower earnings and revenue in its December quarter but highlighted a slight improvement in sales at its North American locations.



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Abbott Laboratories Profit Grows 54%

Abbott Laboratories said its fourth-quarter earnings soared as the company posted stronger revenue in its nutrition and diagnostics businesses, although currency fluctuations weighed on sales growth.



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Colgate Posts Strong Profit on Growth in Emerging Markets

Colgate-Palmolive Co. posted stronger-than-expected earnings in the fourth quarter, as higher pricing and growth in emerging markets helped offset the impact of the stronger dollar.



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Amazon Starts Email Service for Companies

Amazon announced an email service called WorkMail that is aimed at grabbing a slice of the corporate-email market largely controlled by Microsoft, and to a lesser extent Google.



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Hershey Hurt by Strong Dollar

Hershey posted weaker-than-expected results in its fourth quarter and gave a soft earnings outlook for 2015 as the candy maker joined the chorus of U.S. companies saying the strong dollar is hurting their business.



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Dow Chemical Earnings Beat Estimates on Higher Volumes

Dow Chemical Co. on Thursday reported stronger-than-expected fourth-quarter earnings, as higher volumes across the board offset price declines in Western Europe related to the impact of the strong dollar.



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Ford Earnings Down on North America Ops, Venezuela

Ford Motor said fourth quarter net income plummeted to $52 million from $3 billion a year ago, as a $700 million charge related to removing Venezuela from consolidated earnings dragged results down.



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Alibaba's Revenue Growth Disappoints

Alibaba said revenue rose 40% during its December quarter as the Chinese e-commerce giant saw a continued surge in users buying items through mobile devices.



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Viacom Media Networks, Filmed Entertainment Post Revenue Gains

Viacom Inc.said its media networks and filmed entertainment divisions propelled revenue growth in its most recent quarter.



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Raytheon Profit Rises 10%

Raytheon reported a 10% rise in fourth-quarter profit that, like its 2015 guidance, fell short of investor expectations, even as the Pentagon’s third-largest supplier bolstered its backlog with more overseas orders.



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Sky, Telefónica in U.K. Mobile Partnership

Sky said it has reached an agreement to partner up with the U.K. business of Spanish mobile-phone operator Telefónica, with the British pay-TV company launching a mobile service for the first time next year.



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Technology that Unmasks Hidden Emotions

Startups are combining psychology and big data to analyze people’s faces and potentially discover their deepest emotions—while amassing an enormous visual database that is breeding privacy concerns.



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Drone Maker to Prevent Some Device Flights Over D.C.

In response to the drone crash at the White House this week, the Chinese maker of the device that crashed said it is updating its drones to disable them from flying over much of Washington, D.C.



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Fiat Chrysler Turns Corner in Europe

The Italian-American car maker forecast a jump of as much as 41% in operating profit this year and said it expects to generate its first full-year profit in hard-hit Europe for the first time in seven years.



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Samsung, Apple Back in Dead Heat for Top Spot

The fortunes of the world’s two biggest smartphone makers crossed paths again this week, as contrasting earnings reports from Apple and Samsung Electronics put the two technology giants back in a dead heat for leadership of the global smartphone market.



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Time Warner Results Miss

Time Warner Cable reported an increase in subscribers as the pay-TV provider continued to await the completion of its acquisition by Comcast. The results came in below analysts’ expectations.



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AstraZeneca to Harness Benefits of Genome-Editing Technology

AstraZeneca has unveiled agreements that should enable the U.K. pharmaceutical company to tap into a promising, nascent gene technology aimed at making drugs more precise.



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China to Crack Down on Fake Goods Online

China’s Ministry of Commerce said it would step up its efforts to prevent the sale of counterfeit goods online.



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German Jobless Hits Lowest Rate Since 1990

German unemployment fell to its lowest rate since reunification in 1990, suggesting Europe’s largest economy is well placed to benefit from lower oil prices and reduced interest rates.



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Boeing Posts Strong Quarterly Results

Boeing reported a 19% jump in quarterly profit, and executives predicted that orders for its fuel-efficient jets will remain strong in 2015 despite concerns over falling oil prices.



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Monarch Airline Upbeat on Earnings

Monarch Group, the British airline acquired last year by Greybull Capital, said sweeping changes to its strategy should yield a profit this year after prolonged losses.



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Gazprom Profit Falls on Ruble, Ukraine

Russian state-controlled gas group Gazprom said net profit plunged 62% in the third quarter of 2014 compared with same period the previous year, hit by the slide in the ruble and a lack of deliveries to key customer Ukraine.



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Can Apple Keep Up Growth Spurt?

Record quarter may result from pent-up big-phone demand among Apple customers or the start of a new growth trajectory.



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Avon Hires J. Crew COO as New CFO

Avon Products Inc. said Wednesday it hired James Scully away from J. Crew Group Inc. to be its new chief financial officer.



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Samsung Pegs Rebound on Mobile Chips

Samsung Electronics offered signs that the worst was likely over for its mobile division, as the company turns to mobile chips and cheaper handsets to spur a recovery in profit.



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California Declares Electronic Cigarettes a Health Threat

California plans to launch a statewide campaign warning citizens about the health risks of electronic cigarettes.



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McDonald's CEO Steps Down

McDonald’s, struggling amid declining sales and menu changes, said Don Thompson will step down as president and chief executive.



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China, Alibaba Clash Over Fake Goods

Alibaba is embroiled in a rare, high-stakes public dispute with a Chinese government agency over fake goods sales on its e-commerce platforms, highlighting one of the risks for a company that last year raised $25 billion in the world’s largest IPO.



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Sony Bails Out of Music Streaming

A shake-out in the crowded market for music-streaming services appears to be gathering steam. Sony said it is shutting down its $10-a-month Music Unlimited at the end of March, four years after launching it in the U.S.



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Qualcomm Shows Unexpected Growth but Still Cuts Outlook

Qualcomm Inc. showed surprising growth in its fiscal first quarter, but lowered its revenue targets for the year amid continued turmoil in China and stiffening competition for smartphone chips.



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GM Rejects Request to Extend Compensation Claim Deadline

General Motors Co. rejected a request by two U.S. senators to extend their ignition switch compensation fund claim deadline for a second time.



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Las Vegas Sands Profit Rises 25%

Las Vegas Sands Corp. said its fourth-quarter earnings rose 25%, thanks to lower operating expenses, though the casino operator continued to be hurt by a slowdown in Macau.



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Facebook Earnings Rise on Mobile Growth

Facebook’s earnings jumped 34% in the holiday quarter, despite an 87% increase in costs, as the social network continues to get more money from mobile ads.



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Pentagon Picks Boeing 747-8 As New Presidential Aircraft

The Pentagon said it had selected Boeing’s 747-8 to replace the aircraft that serves as Air Force One for the president of the U.S.



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Apple Delivers Quarter for the Ages

Apple surpassed even the most bullish Wall Street expectations for its holiday quarter with an improbable trifecta: selling 46% more iPhones at higher prices—and earning more on each sale.



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On-Demand Workers: 'We Are Not Robots'

Companies that rely on freelance labor describe their workers as micro-entrepreneurs. But lawsuits, protests and forums suggest that many flexible laborers feel less enthusiastic about the new work model.



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Closing an Airport Security Gap

A trio of recent incidents is fueling new scrutiny of U.S. airport security procedures that allow nearly a million workers nationwide access to airport facilities without routine screening.



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Amazon Starts Email Service for Companies

Amazon is announcing Wednesday an email and electronic calendar service called WorkMail that is aimed at grabbing a slice of the corporate-email market largely controlled by Microsoft, and to a lesser extent Google.



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EU Approves Novartis-Glaxo Deals

The drug giants won European Union regulatory approval for a complicated series of deals worth more than $20 billion that will focus Novartis’ scope and turn Glaxo into a vaccines-and-consumer-drug powerhouse.



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Denso Corp. Hiring 400 in Tennessee

Denso Corp., a Japanese auto-parts supply giant, said Tuesday it will add 400 jobs in Athens, Tenn., as part of a factory investment aimed at supplying components that help auto makers meet stricter emissions regulations.



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Glencore May Slash South African Coal Operations

Commodities company Glencore PLC may shut some of its South African coal operations as commodity prices continue to slump in a weakening global economy.



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Creditors Seek to Sue Icahn Over Trump Cash

Trump Entertainment Resorts’ unsecured creditors want a bankruptcy judge’s blessing to sue investor Carl Icahn, who is poised to own the casino company under its current restructuring proposal.



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Canada's TSB Concerned Over 'Inadequate' Rail Safety

Canada’s transportation safety agency concerned that Ottawa’s oversight of railway companies remains inadequate.



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Virgin Media Asks U.K. Regulator to Pause Premier League Auction

Liberty Global PLC’s British cable operator Virgin Media said it has asked U.K. telecommunications regulator Ofcom to pause the English Premier League soccer live-television-rights auction for competitive reasons.



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Startups See Your Face, Unmask Your Emotions

Startups with names like Emotient and Affectiva are combining psychology and algorithms to analyze people’s faces and potentially discover their deepest feelings. Collectively, they are amassing an enormous visual database and breeding privacy concerns.



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Uber Denied New Delhi Taxi License

Uber’s application to be recognized as a radio-dispatched taxi company in Delhi has been rejected in the latest roadblock for the car-hailing company.



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Reynolds, Lorillard Holders Back Deal

Shareholders of Reynolds American and Lorillard voted to approve Reynolds’ $25 billion acquisition of Lorillard; the deal still needs regulatory approval.



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IBM Cloud-Computing Executive Leaves

Lance Crosby, an executive at International Business Machines Corp.’s cloud-computing unit, has left the company amid the computing giant’s push to become a top player in the fast-growing area.



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Caesars Wins Bankruptcy Venue Fight

Caesars Entertainment scored a victory in its bid to dig out from under $18.4 billion in debt through the bankruptcy of its main operating unit, when a judge in Delaware said its financial restructuring could proceed in Chicago.



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Drone Maker to Prevent Some Device Flights Over D.C.

In response to the drone crash at the White House this week, the Chinese maker of the device that crashed said it is updating its drones to disable them from flying over much of Washington, D.C.



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Fiat Chrysler Fourth-Quarter Net Profit Falls

Car maker said it won’t pay a dividend on 2014 profit to preserve funds for its five-year plan, but added that it shipped 4.6 million vehicles last year and could ship as many as five million this year.



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Cenovus Cuts Capital Spending Again, a Month After Big Cuts

Calgary oil producer Cenovus Energy, Inc. said on Wednesday it would cut its planned 2015 capital spending by another 27% from targets set last month due to the continued slump in oil prices.



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Boeing Posts Stronger-Than-Expected Results

Boeing posted stronger-than-expected results for the fourth quarter, but gave a weak profit outlook for 2015 amid concerns that tumbling oil prices may hamper demand for its fuel-efficient planes.



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China Aims to Prop Up Its Chip Makers

As China tries to forestall foreign governments from tapping its phones, the country is investing growing amounts of money into domestic chip makers and tasking them with developing processors for “safe phones.”



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Strong Dollar Squeezes U.S. Firms

The stronger dollar is slicing sales and profits at big American companies, prompting them to put renewed emphasis on cost cutting and cramping the broader U.S. economy.



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Sasol Reviews Louisiana Investment

South African energy and chemicals giant Sasol said it is reconsidering investment plans for a giant gas-to-liquids plant slated for Louisiana and costing as much as $14 billion.



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Brazil's Eike Batista Resigns Oil Company Chairman Post

Brazilian entrepreneur Eike Batista resigned from his post as the chairman of the oil company he founded.



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General Dynamics Revenue, Profit Grow

General Dynamics Corp.’s revenue and profit grew in its fourth quarter as the company’s backlog also surged compared with a year ago.



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Textron Gives Disappointing 2015 Outlook

Textron Inc. gave a muted outlook for 2015 as the company’s Bell helicopter business continues to struggle with tepid demand.



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A Radical Idea for Activist Investors

What if activist shareholders pressed companies not to cut costs, but to invest more, with an eye on long-term progress instead of short-term gains? Now that would be different, writes Dennis Berman.



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Nintendo Profit Jumps

A weaker yen helped Nintendo record a stronger profit in the fourth quarter but the Japanese video game maker faces high hurdles ahead as it seeks to create sustainable growth in the smartphone age.



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Praxair Earnings Fall on Currency Headwinds

Praxair Inc. said its earnings dropped as weak macroeconomic conditions, especially in Europe, and the strong dollar pressured fourth-quarter results.



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Germany Gears Up Against Russian Propaganda

Germany is launching a new international news service to counter Russia’s aggressive propaganda push in Europe. The only problem: Employees of Deutsche Welle, the state-run broadcaster spearheading the initiative, are having none of it.



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Germany Raises 2015 Growth Forecast

Germany raised its forecast for economic growth for this year on the back of record high employment levels and strong consumption, which gets a lift from lower oil prices.



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Scandal-Hit Petrobras Publishes Results

The Brazilian state-run oil company Petroleo Brasileiro published its long-awaited and delayed third-quarter results, but it failed to set a sum for potential write downs connected to a corruption investigation.



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Swiss to Compensate Workers Hurt by Franc

The Swiss government is to compensate employees forced to work fewer hours at companies hit by the sharp appreciation of the Swiss franc, marking the first domestic political action aimed at cushioning the impact of recent currency moves.



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Weaker Yen Boosts Canon Profit

Canon said its net profit rose 6% in the October to December period as a weaker yen enhanced the value of its overseas earnings, outweighing falling demand for digital cameras.



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Samsung Earnings to Bolster South Korea's Campaign for Shareholders

Samsung Electronics is likely to report its fifth consecutive quarter of year-to-year earnings declines—and further evidence that the government’s hard line on corporate cash hoarding is making South Korea a more hospitable place for shareholders.



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Caterpillar Loses Traction Again

Caterpillar gave a disappointing outlook for 2015, citing plummeting commodity prices, as the heavy-machinery maker also reported earnings for the fourth quarter that missed expectations.



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Pfizer Sales Hit by Stronger Dollar

Pfizer said a strong U.S. dollar and recent drug-patent losses contributed to a 52% drop in net income in the fourth quarter and would depress results this year. It also settled a securities lawsuit.



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DuPont Warns of Currency Headwinds

DuPont gave a disappointing outlook for 2015, warning its profit would take a significant hit from the strengthening dollar, though the company said it would reach its goal to cut $1 billion in costs well ahead of schedule.



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Mitsubishi, Renault Scrap Car-Making Tie-Up

Renault’s international expansion plans are encountering obstacles with a proposed joint-venture with Mitsubishi scrapped and its struggling business in Russia disclosing another round of layoffs.



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Closing an Airport Security Gap

A trio of recent incidents is fueling new scrutiny of U.S. airport security procedures that allow nearly a million workers nationwide—including baggage handlers, mechanics and aircraft cleaners—access to airport facilities without routine screening.



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Port Snarls to Take Months to Unwind

The labor dispute that has magnified the snarls at U.S. West Coast ports may be on the brink of a settlement, but it will take months to end the widespread pain, freight disruptions, and losses caused by the cargo jam.



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Big Oil Faces Time of Reckoning

In the coming days, the world’s biggest publicly traded oil companies will report fourth-quarter earnings, offering the best look yet at the bite lower crude prices have taken out of Big Oil. For BP, lower oil prices are just one headwind.



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VMware Profit Falls Slightly Despite Higher Revenue

VMware Inc.’s fourth-quarter profit fell slightly, offsetting a double-digit revenue increase, as the computer-server software pioneer reported higher costs associated with its stock-compensation program.



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Steel's Heady Revival Is Short-Lived

U.S. steelmakers gained new life with the energy boom, but now face a reversal of fortune as the slump in oil prices saps demand from drillers.



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U.S. Steel Tops Wall Street Views

U.S. Steel Corp. reported fourth-quarter earnings well above Wall Street estimates Tuesday as its ongoing “Carnegie Way” efficiency efforts helped results.



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FCC Warns Hotels, Others Not to Block Personal Wi-Fi

FCC officials issued a warning that it will prosecute businesses, including hotels and other establishments, that block people from using personal Wi-Fi networks.



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Electronic Arts Reports Profitable Holiday Season

Electronic Arts swung to a profit on stronger than expected revenue in the holiday quarter, as more consumers snapped up software for discounted videogame consoles and downloaded more digital content.



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GM Considering Adding Rugged SUV to GMC Brand

General Motors Co. is considering adding a rugged SUV to its GMC brand in an effort to compete with Fiat Chrysler Automobiles NV’s Jeep Wrangler.



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Mexico Halts Chinese Expo Center Construction

Mexican authorities have halted construction of a controversial exposition center for Chinese goods near the Caribbean resort Cancún, saying the planned site isn’t appropriate for the project because it is home to protected mangroves and birds.



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Western Digital Results Top Expectations

Western Digital posted a better-than-expected 7% increase in profit in its December quarter as expenses fell.



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Juniper Swings to Loss

Juniper Networks swung to a fourth-quarter loss as it posted an $850 million goodwill-impairment charge for its security-reporting unit, due to factors including the division’s underperformance.



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Stryker Profit Falls on Costs

Stryker Corp.’s fourth-quarter profit fell 33% as the medical-device maker recorded higher costs due to recalls and the opening of its European regional headquarters.



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Amgen Profit Rises 27% on Higher Sales of Key Drugs

Amgen Inc. said its fourth-quarter earnings rose 27%, as sales growth was again driven by key drugs such as cancer therapy drug Kyprolis and osteoporosis treatment Prolia.



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NFL to Air Domestic-Abuse Ad at Super Bowl

The NFL is financing a chilling spot on domestic violence to air during the Super Bowl, as the league looks to repair damage to its image caused by player scandals.



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China Aims to Prop Up Its Chip Makers

As China tries to forestall foreign governments from tapping its phones, the country is investing growing amounts of money into domestic chip makers and tasking them with developing processors for “safe phones.”



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Microsoft's Windows Shows Its Age

Microsoft said the stronger dollar and a shift to Web-based software cut into its sales of Windows, Office and computer-server products to corporations.



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Strong Dollar Hangs Over More Companies, Rattling Investors

The stronger dollar is suppressing sales and profits at America’s big companies, prompting them to put renewed emphasis on cost cutting and adding pressure on the broader U.S. economy.



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Cliffs Natural Resources To Restructure Mine

Cliffs Natural Resources Inc. will restructure its Canadian Bloom Lake iron-ore mine, saying the business has stopped generating revenue and can longer meet its obligations.



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FTC Clears Safeway-Albertsons Merger

The U.S. Federal Trade Commission cleared the merger of supermarket operators Safeway Inc. and Albertsons after the companies agreed to sell 168 stores to address the commission’s competition concerns.



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AM General to Build Mercedes-Benz SUVs in Indiana

Daimler AG has signed a deal with AM General to use an Indiana plant to build Mercedes-Benz R-Class models, a move coming in response to rowing demand among U.S. buyers for luxury vehicles and sport-utility vehicles.



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Obama: U.S. Needs Rules for Commercial Drones

A day after a consumer drone landed on the White House grounds, President Barack Obama said the U.S. needs regulations to ensure unmanned aircraft “aren’t dangerous and that they’re not violating people’s privacy.”



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A Radical Idea for Activist Investors

The Game: What if activist shareholders pressed companies not to cut costs, but to invest more, with an eye on long-term progress instead of short-term gains? Now that would be different, writes Dennis Berman.



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Foreign Law Firms Face Pressure in China

For foreign lawyers looking for work in China, scrutiny from regulators over possible mergers and culture clashes between Eastern and Western firms create hurdles.



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The Business Side of Animal Rights

Animal-welfare advocates are courting proxy advisory firms as a new Wall Street ally as they take on big U.S. meatpackers. The pitch: Mistreatment of animals can pose a risk to business.



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Proxy Battle Puts Focus on DuPont Earnings

DuPont will detail fourth-quarter earnings and project profits for the year ahead—but how much weight investors should put on the forecast depends these days on whom you ask.



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Peabody Energy Cuts Dividend, Forecasts Wide Loss

Peabody Energy Corp. slashed its quarterly dividend and the coal producer projected a much wider-than-expected loss for the current quarter.



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American Airlines Lifted by Lower Fuel Prices

American Airlines Group said Tuesday that lower fuel prices led to better-than-expected fourth-quarter earnings, but noted that results were hurt by costs related to repatriating funds in Venezuela.



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Corning Sales Grow on LCD Glass Demand

Corning said that continued demand for its specialty materials, along with revenue growth from its acquisition of a Korean LCD-glass manufacturer, drove stronger-than-expected results for the fourth quarter.



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Greek Ship Owners Fear Syriza Tax Plan

Several owners in Greece’s important shipping sector say they fear the new government led by radical-left party Syriza will levy higher taxes that the industry can’t afford.



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Lockheed Martin Outlook Below Expectations

Lockheed Martin Corp. offered a downbeat profit outlook for the year while the defense contractor posted growth in profit and revenue.



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Pfizer Hit by Stronger Dollar, Patent Losses

Pfizer issued downbeat guidance for the new year, citing the stronger U.S. dollar and recent drug-patent losses, and reported declining sales in the most recent period.



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Commodity Prices Dent Caterpillar's View

Caterpillar gave a disappointing outlook for 2015, citing plummeting commodity prices, as the heavy-machinery maker also reported earnings for the fourth quarter that missed expectations.



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Oil Slump Seen Crimping Near-Term Helicopter Demand

Sharp cuts in oil and gas exploration budgets at companies from BP PLC to Royal Dutch Shell PLC are expected to crimp near-term helicopter demand as providers of these reassess operational priorities in a period of low crude prices



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3M Sales Grow Across Business Segments

3M said its sales grew in the most recent period, driven by positive performance across the consumer and industrial goods maker’s business.



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Cancer Drugs Boost Bristol-Myers Sales

Bristol-Myers reported stronger-than-expected fourth-quarter revenue, boosted by strong sales of its key cancer drugs.



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Mitsubishi, Renault Scrap Car-Making Tie-Up

The Japanese and French auto makers have scrapped a cost-saving partnership to make cars together for the U.S. market.



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DuPont Warns of Currency Headwinds

DuPont gave a disappointing outlook for 2015, saying its earnings would take a significant hit from the strengthening dollar, though the chemicals company indicated it would hit its goal to cut $1 billion in costs well ahead schedule.



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Trian Trims Stake in Family Dollar

Trian, the firm controlled by activist investor Nelson Peltz, trimmed its stake in Family Dollar, days after the discount chain’s shareholders approved a deal to be acquired by Dollar Tree.



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Norfolk Southern Revenue Slips

Norfolk Southern Corp. said its fourth-quarter earnings dropped and it posted weaker-than-expected revenue as merchandise and intermodal markets growth was unable to offset weakness in its coal segment.



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Cheung Kong, Hutchison Whampoa Seek $7.1 Billion Loan

Bankers have been asked to commit to the huge loan to finance Li Ka-shing’s spinoff of his real-estate assets from the two companies, people with knowledge of the deal said.



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U.K. Economy Slowed More Than Expected

The U.K. economy slowed more than expected in the final quarter of 2014 as construction activity slipped and tumbling oil prices hit North Sea oil and gas production.



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Game Over for Struggling Mattel CEO

Mattel CEO Bryan Stockton abruptly resigned, as another disastrous holiday season showed his recent efforts to revive the creative culture at the world’s largest toy company didn’t do the trick.



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Post to Buy MOM Brands for $1.15B

Post Holdings Inc. has agreed to buy privately held MOM Brands Co. for $1.15 billion in a deal that will add Malt-O-Meal and Frosted Mini Spooners to Post’s cache of cereal brands.



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Packaging Merger to Create $16 Billion Firm

Packaging companies Rock-Tenn and MeadWestvaco agreed to merge, creating a nearly $16 billion industry heavyweight that will supply containers for everything from soda to appliances.



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Facebook Back Online After Outage

Social media platform Facebook and photo sharing app Instagram were inaccessible for about 45 minutes Tuesday.



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Aer Lingus Set to Recommend IAG Takeover

British Airways parent International Consolidated Airlines Group said the board of Aer Lingus is ready to recommend a sweetened takeover offer for the Irish carrier.



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Ericsson Hurt by North American Slowdown

Sweden’s Ericsson reported a weaker-than-expected fourth-quarter net profit and said sales growth had stalled, after Norther American network operators curbed investment in new high-speed wireless networks.



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EasyJet Sales Rise

EasyJet said first-quarter sales grew 3.8% and that revenue-per-seat sold will be stronger in the first six months than expected as the budget airline also benefits from lower than projected fuel costs.



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AGL Halts Gas Project

AGL Energy Ltd. suspended a coal seam-gas project in Australia’s New South Wales state after detecting potentially hazardous levels of chemicals in surrounding groundwater.



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Google, Cablevision Challenge Wireless Business Model

Google and Cablevision Systems are preparing new cellphone services that would turn the wireless industry’s business model on its head, increasing pressure on companies already dealing with a price war.



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Siemens Chief Faces Heat on Deal

Siemens Chief Executive Joe Kaeser is expected to face tough questions from investors on Tuesday over the high price he agreed in September to pay for oil equipment maker Dresser-Rand Group.



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'American Sniper' Tags Another Win

The war drama crosses the $200 million mark; Jennifer Lopez’s ‘The Boy Next Door’ places second.



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NFL to Air Domestic-Abuse Ad at Super Bowl

The NFL is financing a chilling spot on domestic violence to air during the Super Bowl, as the league looks to repair damage to its image caused by player scandals.



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Pfizer to Cut Prevenar 13 Price Again

Pfizer said Monday it would cut the price of its pneumococcal vaccine for the third time in three years as the pharmaceutical industry faces criticism over skyrocketing vaccine prices in developing markets.



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The Man Behind IBM's Cloud Campaign

Facing an uphill battle to boost revenue, IBM is mounting a high-stakes campaign to become a top player in cloud services. Now that push has a new point man.



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Microsoft Says Sales to Businesses Slows

Microsoft said the stronger dollar and a shift to Web-based software cut into its sales of Windows, Office and computer-server products to corporations.



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United Tech Cuts Outlook

United Technologies Corp. cut its 2015 sales and profit forecasts as the strengthening dollar takes a bite out of overseas sales of its jet engines, elevators and other heavy equipment.



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PepsiCo Expands Stevia-Sweetened Cola Distribution

PepsiCo confirmed it is starting a limited rollout of stevia-sweetened Pepsi True in Denver, Minneapolis and Washington this week after launching the reduced-calorie cola on Amazon.com last October.



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CBO: Deficit to Narrow, Then Widen in '18

Existing budget restraints and stronger economic growth will chip away at the federal deficit into 2017 before the gap begins to widen again, the Congressional Budget Office said, providing ammunition for both parties ahead of the White House’s first budget proposal to the Republican-controlled Congress.



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Texas Instruments Profit Up Sharply

Texas Instruments Inc.’s fourth-quarter profit rose sharply, driven by sales of analog chips and embedded processors.



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Medicare to Rework Billions in Payments

The Obama administration set an ambitious goal to rework hundreds of billions of dollars in Medicare payments to doctors and hospitals in an effort to reduce waste and make older Americans healthier.



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Walgreen Names Alliance Boots Executive as CFO

Walgreen Boots Alliance, which was formed from Walgreen’s recent purchase of Alliance Boots, has named George Fairweather as chief financial officer.



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TE Connectivity Nears Deal to Sell Network Arm

TE Connectivity is nearing a deal to sell its business that makes equipment for telecommunications and data networks to CommScope Holding for about $3 billion, according to people familiar with the matter.



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Foreign Law Firms Face Pressure in China

For foreign lawyers looking for work in China, scrutiny from regulators over possible mergers and culture clashes between Eastern and Western firms create hurdles.



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Breathing for Your Better Health

Breathing and controlling your breath is one of the easiest ways to improve mental and physical health, doctors and psychologists say.



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U.S. Steel to Curb Operations at Three Plants

U.S. Steel Corp. said Monday it will temporarily curtail operations at two plants in Alabama and one in Texas, potentially affecting 1,918 workers, as the collapse of oil prices continues to punish key segments of American industry.



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Animal Advocates Enlist Proxy-Advisory Firms

Animal-welfare advocates are courting proxy advisory firms as a new Wall Street ally as they take on big U.S. meatpackers. The pitch: Mistreatment of animals can pose a risk to business.



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Proxy Battle Puts Focus on DuPont Earnings

DuPont will detail fourth-quarter earnings and project profits for the year ahead—but how much weight investors should put on the forecast depends these days on whom you ask.



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WikiLeaks Wants Google Answers on Giving Staff Data to U.S.

WikiLeaks said the whistleblower website is demanding answers from Google Inc. about why the Internet search giant appears to have handed WikiLeaks staff members’ personal data to U.S. law enforcement nearly three years ago.



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Apple's iPhone Is Closing In on Samsung

Strong sales of Apple Inc.’s new iPhones are pushing the company close to rival Samsung Electronics Co. as the world’s top seller of smartphones.



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BP Freezes Pay in 2015 Amid Oil's Drop

BP PLC Chief Executive Bob Dudley says the company would freeze 2015 base pay, part of a larger round of cost savings and cuts the company has undertaken as oil prices plunge.



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Caesars Debates Creditors Over Bankruptcy Court

Creditors of Caesars Entertainment Corp.’s largest unit lined up Monday to challenge the gambling company’s bid to work through its $18.4 billion debt load in a bankruptcy court in Chicago.



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Viacom CEO Earns $44.3 Million for Year

Viacom’s Chief Executive Philippe Dauman earned $44.3 million in total compensation in the fiscal year ended Sept. 30, a 19.2% raise from the previous year.



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Family Dollar's December Sales Improve

Family Dollar Stores, less than a week after gaining shareholder approval to sell itself to Dollar Tree Inc., said Monday its December sales improved as the discount retailer benefited from fewer markdowns.



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IBM Dismisses Report of Massive Layoffs

IBM dismissed a report stating that massive new layoffs were coming this week for the computing giant.



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Bombardier Selling Aviation Training Business

Bombardier said it agreed to sell its military aviation-training operations to flight-simulator maker CAE for 19.8 million Canadian dollars.



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Facebook's Oculus to Make Virtual-Reality Movies

Facebook’s Oculus says its new Story Studios in-house lab will make movies to help popularize virtual-reality headset and build an entertainment community.



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Seagate Profit Soars on Revenue Growth

Seagate Technology PLC said its earnings surged thanks to the data-storage company’s revenue growth in the most recent quarter and a gain related to an arbitration award in a dispute with Western Digital Corp.



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Actavis to Buy Auden Mckenzie

Actavis PLC agreed to buy generic-drug manufacturer Auden Mckenzie Holdings Ltd., for £360 million, a move that will make Actavis the top supplier of generics in the United Kingdom.



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Cliffs Natural Resources Eliminates Dividend to Repay Debt

Cliffs Natural Resources said Monday that it has canceled its dividend to focus on repaying debt, as the mining company struggles to reshape itself amid tumbling iron prices.



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Norfolk Southern Revenue Slips

Norfolk Southern Corp. said its fourth-quarter earnings dropped and it posted weaker-than-expected revenue as merchandise and intermodal markets growth was unable to offset weakness in its coal segment.



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W.W. Grainger Cuts Outlook On Canada, Currency Weakness

W.W. Grainger Inc. cut its outlook for the year on Monday, citing weakening Canadian and Japanese currencies and broader economic softness in Canada.



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Mattel CEO Resigns Amid Company's Struggles

Mattel Chief Executive Bryan Stockton has resigned after three years in the top executive post, as the struggling toy company also posted disappointing preliminary results for its fourth quarter.



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Tesla to Roll Out New Models in China

Tesla Motors Inc. will roll out new models in China and look to improve its business there, even as new data added to signs that last year’s Chinese performance fell below the electric car maker’s threshold for success.



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D.R. Horton Results Top Expectations

D.R. Horton said its profit rose a better-than-expected 16% in its December quarter as the company’s sales pace accelerates.



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Post to Buy MOM Brands for $1.15B

Post Holdings Inc. has agreed to buy privately-held MOM Brands Co. for $1.15 billion in a deal that will add Malt-O-Meal and Frosted Mini Spooners to Post’s cache of cereal brands.



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MeadWestvaco, RockTenn to Combine

Packaging companies Rock-Tenn Co. and MeadWestvaco Corp. said they agreed to merge in a deal with a combined equity value of about $16 billion.



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Thai Airways to Cut Routes

Thai Airways unveiled a rehabilitation plan that calls for the troubled carrier to cut a tenth of its routes in a bid to cut costs and increase revenue.



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SkyMall Files for Bankruptcy

The owner of SkyMall, the in-flight catalog that sells unusual gadgets and other oddities, filed for bankruptcy protection, crippled by new rules and technology that let airline passengers keep their smartphones powered up during flight.



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Box's Stock Surges in Debut

Shares of Box surged 66% in their market debut on Friday, a sign of strong demand for a company that has spent the past several months being lambasted for an outsize marketing budget and unclear path to profitability.



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German Business Confidence Exceeds Expectations

Business confidence in Germany rose again to kick off the New Year, a widely watched survey showed.



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Marubeni Slashes Forecast on Crude Fall

Marubeni cut its net profit projection in half for the current fiscal year as falling prices of crude oil and other commodities forced the company to book steep impairment losses.



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Gilead to Allow Drug Makers to Produce Hepatitis C Treatment

Gilead Sciences said it would allow generic-drug makers to produce a new version of its Sovaldi hepatitis C treatment



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UPS Didn't Have a Happy Holiday

United Parcel Service Inc. delivered holiday packages on time this season, but expensive holiday preparations added $200 million in unexpected costs.



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Amazon Japan Vows Cooperation With Child-Porn Investigation

The online retail giant’s Japanese arm says it is cooperating with an investigation into possible sales of child pornography, after police raided its headquarters and distribution center.



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Sika Says Controlling Family Can't Call EGM

Sika claimed that the Swiss chemicals company’s controlling family no longer has the right to call an extraordinary general meeting, marking the latest twist in a 2.75 billion Swiss franc ($3.13 billion) takeover bid for the company by France’s Saint-Gobain.



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Sunac China in Talks With Kaisa

Tianjin-based Sunac China Holdings is among the property developers looking into buying a stake of cash-strapped Kaisa Group Holdings, people familiar with the talks said.



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Aer Lingus Mulls Sweeter IAG Takeover Offer

Irish airline Aer Lingus is considering a sweetened takeover offer from International Consolidated Airlines having rejected two previous bids from the British Airways parent.



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H-P Shuffles Management at China Unit

Hewlett-Packard is making changes to top management at a subsidiary in China that has recently been hit by worker protests.



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Google, Cablevision Challenge Wireless Business Model

Google and Cablevision Systems are preparing new cellphone services that would turn the wireless industry’s business model on its head, increasing pressure on companies already dealing with a price war.



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Adelson to Take CEO Job at Sands China

Las Vegas Sands CEO Sheldon Adelson will also take on that title at the company’s Macau unit, underscoring the billionaire’s unwavering focus on his gambling empire.



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U.S. and India Advance Nuclear Trade

President Barack Obama and Indian Prime Minister Narendra Modi said they made tangible progress on a range of issues with movement on civil nuclear trade defense cooperation and climate change.



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AXIS Capital and PartnerRe to Merge

AXIS Capital Holdings and PartnerRe said they have signed an agreement to merge.



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Siemens Chief Faces Heat on Deal

Siemens Chief Executive Joe Kaeser is expected to face tough questions from investors on Tuesday over the high price he agreed in September to pay for oil equipment maker Dresser-Rand Group.



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Inroads Made by Apple Pay Propel 'Mobile Wallet' Idea

Apple’s Apple Pay payments service, now three months old, is making progress toward a goal that has eluded other mobile wallets: persuading people to use it.



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Roughnecks Make Hard Hats Their Canvas

In the oil fields, where hard hats abound, so do hard-hat stickers, blue-collar badges of street cred that advertise everything from the wearer’s job experience and professional affiliations to favorite local eateries.



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Few Weapons Left for Defense Firms

U.S. defense companies became a safe haven for investors over the past two years, but new leadership in the Pentagon and on Capitol Hill could reduce some of the advantages that helped the sector outperform the broader market over the past two years, even as industry sales declined.



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Regulatory Concern Hangs Over Reynolds-Lorillard Deal

As Reynolds and Lorillard head into a shareholder vote Wednesday about their planned merger, the stock price of Lorillard indicates that investors are worried the deal won’t pass regulatory muster.



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Obama Administration Moves to Ban Drilling in Arctic Refuge

The Obama administration is moving this week to designate areas of Alaska off limits to oil and natural gas drilling in its latest effort to bolster its environmental legacy.



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Google Wireless Service Aims to Switch Between Carriers

Google Inc.’s upcoming wireless service would aim to end subscribers’ reliance on a single carrier, instead giving them the ability to pick the best signal from a variety of sources, people familiar with the plan said.



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Datsun Sputters in Initial Markets

Nissan’s initial effort to build an emerging-markets car brand around its Datsun cars is struggling to throw aside launch woes, with early sales below the company’s expectations in India, Indonesia and other markets.



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U.K. Lawmakers Panel Calls For Moratorium on Shale Gas Fracking

The U.K. parliament’s Environmental Audit Committee is calling for a moratorium on hydraulic fracturing for shale gas even as companies are applying for permits to start exploration work in the fledgling sector.



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'American Sniper' Tags Another Win

The war drama crosses the $200 million mark; Jennifer Lopez’s ‘The Boy Next Door’ places second.



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BAE Offers to Build Howitzers in India

BAE Systems PLC has offered to build a howitzer factory in India to close a deal valued at more than $800 million after years of stalled talks left it shuttering plants in the U.S. and the U.K. that were supposed to produce the artillery.



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Exxon Fined $1.05 Million for 2011 Yellowstone Pipeline Break

Exxon Mobil Corp. must pay a $1.05 million penalty for safety violations related to a 2011 pipeline break under Montana’s Yellowstone River, federal regulators said.



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Refiners Top Off Their Gas Tanks

The global glut of crude oil is turning into a U.S. glut of gasoline. U.S. refiners have been sucking up abnormally inexpensive crude and turning it into gasoline.



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Rockwell Collins Earnings Grow on Information Services

Rockwell Collins said soaring sales in its information-management system, as well as stabilizing revenue in its key government-services segment, boosted its earnings for the December quarter.



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Europe Regulator Wants Sales of Certain Drugs Suspended

Europe’s main pharmaceutical regulator recommended suspending the sale of hundreds of drug formulations that were approved for use based on “flawed” clinical studies conducted by GVK Biosciences, a clinical research organization in Hyderabad, India.



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Telefónica Switches Focus to Brazil

Telefónica’s retreat from the U.K. market would see the Spanish telecom giant pivoting further toward South America, where it is trying to cement its leading position in another fast-changing market: Brazil.



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Box Opens Trading Above IPO Price

Shares of online-storage company Box Inc. opened at $20.20, 44% above their initial public offering price Friday.



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SkyMall Catalog Files for Bankruptcy

The company behind the in-flight catalog SkyMall filed for Chapter 11 bankruptcy protection Thursday.



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Expedia To Buy Travelocity For $280 Million

Expedia agreed to buy longtime rival Travelocity from Sabre Corp. for $280 million, joining two of the most prominent travel sites as they face pressure from industry newcomers.



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Deere to Lay Off 910 Employees

Deere announced another round of layoffs, impacting 910 employees at its agricultural equipment facilities in Iowa and Illinois, as the company scales back production amid weaker demand.



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Kansas City Southern Earnings Rise on Automotive, Chemicals Segments

Kansas City Southern reported a 24% increase in earnings, on increased carloads and strength in its automotive and chemicals segments, though lower gas prices and the depreciating peso dented the revenue growth.



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Pinterest's Problem: Getting Men to Pin

Pinterest is looking for ways to prevent its growing popularity with women from scaring away male users, who may see the social-media site as a women’s clubhouse.



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Seasonal Expenses Dent UPS Results

UPS warned of disappointing fourth-quarter results, as higher-than-expected seasonal expenses and currency headwinds dragged down earnings.



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Ford to Take $800 Million Charge on Venezuela Operations

Ford Motor said it would record a $800 million pretax accounting charge in the fourth quarter after the company decided to remove Venezuelan operations from its consolidated earnings.



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McDonald's Reports Disappointing Results

McDonald’s posted a worse-than-expected 21% drop in earnings its December quarter, rounding out a dismal year for the fast-food chain that prompted core changes to its business.



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