U.K. Won't Approve Gas Fields Sale to LetterOne Fund

The U.K. government said it won’t approve the sale of British North Sea natural gas fields from German utility RWE to an investment fund backed by Russian billionaire Mikhail Fridman over concerns the oligarch is a future target of European sanctions.



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Yamaha Prepares to Build 2-Seater Car

After five decades of focusing on motorbikes, Yamaha is considering introducing a two-seater commuter car in Europe as early as 2019.



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Chinese Internet Giants Go Mobile

China’s Internet giants are getting into the mobile game, developing their own app stores and mobile operating systems as they try to influence how consumers use smartphones.



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Ericsson Sues Apple for Patent Infringement

Swedish networking company Ericsson said it is suing Apple for infringing 41 patents it says are critical to many aspects of the U.S. tech giant’s devices.



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British Airways Parent Raises 2015 Target

British Airways parent IAG raised its 2015 operating profit target 22% on further cost discipline after the carrier reported a sharp jump in net profit for last year.



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Pearson Confident of Bright Future

Pearson is increasingly confident of the company’s prospects despite enduring a difficult 2014.



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Berkshire Hathaway Posts Lower Profits

Warren Buffett’s Berkshire Hathaway posted lower earnings for the fourth quarter amid investment derivative gains of $192 million.



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Spain's Bankia Posts Profit Gain

Spain’s largest bailed-out lender said net profit in the fourth quarter of 2014 was 268 million euros ($300.08 million) from 150 million euros a year earlier.



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Airbus Boosts Output of Most Popular Plane

Airbus is doubling down on its bet that lower oil prices and global economic uncertainties won’t dent demand for new jetliners, saying it is boosting the output of its most popular plane, the A320.



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BASF Profit Lifted by Chemicals

The world’s largest chemicals company reported a 25% rise in net profit for the fourth quarter, boosted by strong growth in its chemicals businesses. But the company was held back by a sharp earnings decline in its oil and gas business.



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Sprint, Best Buy to Offer Wireless Phone Plan

Sprint will offer a wireless phone plan only available at Best Buy that the companies say provides a ‘more simplified way’ to buy phone service.



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World Telecom Meeting to Focus on Regulation

When telecom and tech leaders convene in Barcelona for Mobile World Congress this coming week, one topic will rise above the rest: regulation.



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Guinness to Rejoin New York's St. Patrick's Day Parade

Guinness has decided to resume sponsorship of the St. Patrick’s Day Parade on Fifth Avenue after dropping out last year, sparking criticism from gay activists who want a broad boycott because of what they call the organizers’ discriminatory policies.



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Former AIG CEO Benmosche Dies

Robert Benmosche, who brought insurance giant AIG back from the brink of bankruptcy and led it to repay its historic bailout, died Friday at age 70 after a five-year battle with lung cancer.



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Wages Rise at Restaurants as Labor Market Tightens

Wage growth is breaking out in an unexpected corner of the U.S. economy: the nation’s restaurants and bars. Food-service employment has surged since the recession ended nearly six years ago, growing twice as fast as overall payrolls.



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U.S. Presses China on Technology Rules

U.S. officials and business groups are objecting to a draft Chinese antiterrorism law that they say will serve as a new way for Beijing to acquire proprietary information or nudge foreign technology companies out of the vast market.



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Amazon's Twitch Site Bets on Poker

Amazon’s videogame-streaming site Twitch has begun broadcasting online poker games with players fielding questions from viewers and talking through their strategy in real time.



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Do You Really Need a Wireless Phone Carrier?

Is it possible to never pay for wireless-phone service again? For 30 days, WSJ reporter Ryan Knutson disconnected his iPhone from AT&T and lived entirely off the free Wi-Fi connections—and it worked.



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Blackstone CEO Took Home $690 Million In 2014

Blackstone Group co-founder and CEO Stephen Schwarzman took home about $690 million in dividends, compensation and fund payouts for 2014, a nearly 50% increase from 2013.



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African Minerals to Abide By Court Order That Bars Bankruptcy Filing

Embattled Sierra Leone iron-ore miner African Minerals said it has received two conflicting orders from its partner Shandong Iron and Steel Group, the first of which could force the company into bankruptcy, and the second which prevents the miner from entering bankruptcy.



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Living Wi-Fi Only for 30 Days

Reporter’s Notebook: Living a Wi-Fi only life required a few changes in habit for WSJ reporter Ryan Knutson, who spent a month disconnected from his wireless carrier to live entirely on free Wi-Fi.



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Weight Watchers Shares Hit Record Low

Weight Watchers shares fell to a record low a day after a dismal earnings report in which executives conceded that a massive turnaround effort will take longer than expected.



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Movie-Ticket Sales Set for Banner Year

Solid early returns for ‘American Sniper’ and ‘Fifty Shades of Grey’ and solid lineup of blockbusters like ‘Furious 7’ and a new ‘Star Wars’ have analysts predicting that 2015 will be a banner year for America’s cinemas.



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Verizon Says Dish Bidding Distorted FCC Auction

Verizon said the bidding strategy employed by entities related to Dish Network distorted the government’s $45 billion spectrum auction, joining its counterparts in complaining about the satellite-TV provider’s tactics.



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Tesla Motors Nearly Doubled Staff In 2014

Tesla Motors nearly doubled its staff in 2014 to 10,161 employees from 5,859 a year earlier as the electric car maker pursues dramatic global growth.



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Sprint CEO Claure Buys 5 Million Shares

Sprint Chief Executive Marcelo Claure purchased more than 5 million shares of his company’s stock this week, less than a month after the company reported weak full-year results amid struggles to keep customers.



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Electric Car Resale Prices Tumble

With gasoline prices down 33% from a year ago and buyers cooling toward electric vehicles, Nissan dealers worry that weak demand for used electric Leaf cars will put a flood of used models on the market.



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Electric Car Resale Prices Tumble

With gasoline prices down 33% from a year ago and buyers cooling toward electric vehicles, Nissan dealers worry that weak demand for used electric Leaf cars will put a flood of used models on the market.



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FCC Sets New Era of Internet Oversight

The Federal Communications Commission voted to regulate Internet service like a public utility, expanding the U.S. government’s oversight of a once lightly regulated business.



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Monster Beverage Shares Hit New High After Strong Results

Monster Beverage traded at all-time highs Friday after the energy-drink maker logged its fourth-straight quarter of better-than-expected earnings.



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Vivendi Sells Remaining Numericable-SFR Stake

Vivendi SA Friday accepted a bid from cable billionaire Patrick Drahi to buy its remaining stake in French telecom company SFR, completing another asset sale at the former conglomerate that has slimmed itself down into a smaller media company.



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Conrad Black Banned From Certain Corporate Activities in Canada

Canada’s biggest securities regulator on Friday banned former media baron Conrad Black from acting as a director or officer of a public company in the country’s largest province, but ruled that Mr. Black can trade securities.



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Valero Energy Partners to Buy Subsidiaries for $671 Million

Valero Energy Partners has agreed to acquire certain businesses from Valero Energy Corp. for $671 million in cash and stock.



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Under Armour Looks to Get You Wired

Athletic gear maker Under Armour has been investing in fitness apps, while looking ahead to a time when clothes themselves become a means to track movement and biorhythms.



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RadioShack's Troubles Feed GameStop Growth Spurt

GameStop is picking up about 163 RadioShack locations, boosting its Spring Mobile collection of AT&T cellphone sales outlets by about 50%.



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Lenovo Offers Free Antivirus Software in Wake of Superfish

Lenovo will offer customers free antivirus software and cut down on preloaded software on future personal computers in response to criticism for preloading its consumer laptops with adware called Superfish.



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Volkswagen Posts Rise in 2014 Profit

Volkswagen reported a 19.6% increase in net profit for 2014, but warned against gathering economic turbulence that could batter the automotive industry in 2015.



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Fiat Unit Recalls 467,000 Vehicles

FCA US, formerly known as Chrysler Group LLC, is voluntarily recalling about 467,000 vehicles due to fuel-pump defects that could lead to the engine stalling, or the car refusing to start.



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Suzuki's Indonesian Operation to Export Motorcycle to Europe

Suzuki Motor Corp.’s Indonesian operation will begin exporting a new motorcycle model to as far as Europe, a further sign Japanese auto giants are looking to Indonesia to build sales in the region and beyond.



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Novartis Japan Ordered to Shut Down 15 Days

Health authorities ordered the Japanese unit of Novartis to shut down most operations for 15 days in March, saying the drug maker failed to report side effects from its products in a timely fashion.



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Priceline.com Names Next CEO

Priceline Group Inc. on Friday tapped company veteran Paul Hennessy to lead priceline.com as the division’s next chief executive, effective April 1.



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Kohl's Holiday Quarter Tops Expectations

Kohl’s Corp. said results in its holiday quarter topped expectations on broad-based sales strength, while the retailer gave an in-line outlook for its newly-started fiscal year.



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Chinese Web Firms Delete Accounts

Chinese Internet companies have deleted tens of thousands of user accounts as the country prepares to enforce new registration rules that will further cement government control over online discourse.



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LetterOne, RWE to Close Dea Buy Monday

Russian billionaire Mikhail Fridman’s investment fund is expected to close a $5.6 billion deal on Monday to acquire Dea, the oil and natural-gas arm of German utility RWE AG.



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Malaysian Oil Firm Suffers First Quarterly Loss

Malaysia’s national oil-and-gas company, Petroliam Nasional Bhd., or Petronas, said it would cut its investment plans by as much as 30 billion ringgit ($8.3 billion) in the next two years as the company reported its first-ever quarterly loss.



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NRG Energy Swings to Profit

NRG Energy said it swung to a profit in the December quarter, as favorable margins helped earnings more than double in its renewables segment.



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Viber to Appeal SK Telecom Lawsuit

Viber, one of the world’s most widely-used mobile messaging services, will appeal a patent infringement suit brought against it by South Korea’s SK Telecom Co., according to a person familiar with the matter.



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Sluggish Sales Hit Hong Kong's Sun Hung Kai Earnings

Sun Hung Kai Properties, one of Hong Kong’s biggest property developers, reported a 20% decline in its first-half underlying profit as the company booked fewer home sales during the period.



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Bombardier CS300 Set for Maiden Flight

Bombardier said that its new larger CSeries CS300 jetliner would make its maiden flight Friday after being delayed by harsh winter weather.



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IBM Shifts $4 Billion to Cloud and Mobile

IBM plans to shift $4 billion in 2015 spending to what it calls the “strategic imperatives” of cloud, analytics, mobile, social and security technologies.



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Sears Extends Dismantling of Company

Sears updated its plans to split off up to 300 of its best stores into a separate company as it also reported a $159 million loss and declining sales over the holidays.



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Vale Posts Loss as Iron-Ore Prices Dive

Brazilian mining giant Vale SA reported a net loss in the fourth quarter as iron-ore prices fell by nearly half, the local currency weakened and impairment charges continued to pile up.



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Yamaha Prepares to Build 2-Seater Car

After five decades of focusing on motorbikes, Yamaha is considering introducing a two-seater commuter car in Europe as early as 2019.



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Chinese Internet Giants Go Mobile

China’s Internet giants are getting into the mobile game, developing their own app stores and mobile operating systems as they try to influence how consumers use smartphones.



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Ericsson Sues Apple for Patent Infringement

Swedish networking company Ericsson said it is suing Apple for infringing 41 patents it says are critical to many aspects of the U.S. tech giant’s devices.



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British Airways Parent Raises 2015 Target

British Airways parent IAG raised its 2015 operating profit target 22% on further cost discipline after the carrier reported a sharp jump in net profit for last year.



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AB InBev Profit Lifted by U.S.

Anheuser-Busch InBev said economic recovery in the U.S. helped offset the impact of a stronger dollar that hurt sales elsewhere in the company’s global beer empire, pushing up profits during the fourth quarter.



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Pearson Appoints Williams as CFO

Pearson appointed Coram Williams as its new chief financial officer, as the U.K. publisher posted a lower full-year profit following a restructuring.



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Bayer Reiterates Plans to Divest Plastics Business

Bayer reiterated plans to divest itself of its high-tech plastics business, saying it would legally and economically separate the Material Science division by the end of August.



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Refineries Cushion Blow to Repsol

The world-wide collapse in crude prices has prompted losses and big spending cuts at Repsol, but the Spanish oil company found safe harbor in a business that until recently was a disaster for European energy firms: refining.



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Airbus Pays Record Dividend

Airbus Group said it would boost production of its popular A320 single-aisle jet as Europe’s largest plane maker reported a 59% rise in profit for last year despite problems with a big military aircraft program.



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BASF Profit Lifted by Chemicals

BASF reported a 25% rise in net profit for the fourth quarter, boosted by strong growth in its chemicals businesses.



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Treasury Wine Gets Strategic Boost

It is unusual for a seller of premium wine to throw in discounts on goods such as refrigerators and televisions. For Australia’s Treasury Wine Estates Ltd., however, this marketing strategy appears to be working.



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HCA Discloses Florida Lawsuit

HCA said a lawsuit had been filed alleging the it subjected patients to medically unnecessary, invasive and high-risk cardiology procedures and submitted false medical claims for reimbursement.



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Billion-Dollar Health Startups

A Look at Proteus Digital and Moderna



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IOC Considers Loosening Advertising Restrictions

The International Olympic Committee is considering changes to its advertising rules that could loosen restrictions on athletes endorsed by sponsors that aren’t official advertisers at the Games.



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Retailers Prepare to Spend More

Retailers are finally getting shoppers to spend again, and soon they are going to have to follow suit. Some say they are raising wages, while others say they are boosting capital spending.



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Amazon's Twitch Site Bets on Poker

Amazon’s streaming videogame-streaming site Twitch has begun broadcasting online poker games with players fielding questions from viewers and talking through their strategy in real time.



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New York's Daily News Exploring Possibility of Sale

The Daily News, one of the largest daily newspapers in the U.S., is exploring the possibility of a sale, its owner said Thursday.



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Qualcomm, Allies Push for New Wireless Standard

Mobile-technology companies meeting at a major industry conference in Barcelona next week face a big issue: how to cope with exploding demand for wireless capacity.



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Gap Rehires Veteran to Revive Namesake Stores

Gap brought back a company veteran to help revive its struggling namesake stores. The retailer also announced plans to increase its dividend and stock repurchases.



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Penney Posts Surprise Loss

J.C. Penney posted a surprise loss for the holiday quarter as operating expenses ticked up, though the department-store operator reported stronger-than-expected sales growth.



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Weight Watchers Loses Money, Members

Weight Watchers reported a loss in the holiday quarter and said members continue to leave as the weight-loss company sheds more ground to apps and other gadgets that track calories.



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American Realty Holders Want Board Shake-Up

Shareholders of American Realty Capital Properties, the real-estate investment trust founded by investor Nicholas Schorsch, are calling for a shake-up of the company’s board.



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Hershey Names Patricia A. Little as Financial Chief

Hershey Co., which said in September that Chief Financial Officer David W. Tacka was retiring, on Thursday named Patricia A. Little to succeed him, effective March 16.



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TiVo, Others Buy Aereo Scraps

Aereo, the defunct TV-streaming service that promised to revolutionize the way consumers watch TV, was sold for parts to TiVo and other buyers at a bankruptcy auction.



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Live Nation Entertainment Posts Decline in Revenue

Live Nation Entertainment Inc. on Thursday posted a 3% revenue decline for the fourth quarter and had a wider loss because of an impairment charge.



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Resale Prices Tumble on Electric Cars

With gasoline prices down 33% from a year ago and buyers cooling toward electric vehicles, Nissan dealers worry that weak demand for used electric Leaf cars will put a flood of used models on the market.



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FCC Approves Net Neutrality Rules

The Federal Communications Commission voted Thursday to regulate Internet service like a public utility, expanding the U.S. government’s oversight of a once lightly regulated business.



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BHP, Rio Tinto Hold Off Iron Ore's Squeeze

Mining firms such as BHP Billiton and Rio Tinto have escaped writing down the value of iron-ore pits in Australia, despite slumping commodity prices.



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Boeing Books Orders for 50 Single-Aisle Jets

Boeing Co. said it booked orders for 50 more of its 737 Max jets, though customers canceled deals for four of its flagship single-aisle plane.



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Samson Resources Working With Restructuring Advisers

Energy producer Samson Resources, owned by private-equity firm KKR & Co., is working with restructuring advisers, as a sharp decline in oil and gas prices complicates its efforts to stem losses and keep current on its multibillion-dollar debt load.



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Maersk Group Has No Plans to Dispose of Maersk Oil

Falling oil prices have taken a toll on Maersk Oil, the energy unit of A.P. Moeller Maersk, but the chief executive of Maersk Group said there are no plans to dispose of the unit, and the parent will continue to invest in it.



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YouTube: 1 Billion Viewers, No Profit

YouTube accounted for about 6% of Google’s overall sales last year, but the video website doesn’t produce a profit—despite a billion monthly users.



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La Guardia: A New Gateway to the West?

Regulators are considering lifting the decades-old restriction on flights longer than 1,500 miles from New York’s La Guardia Airport, a move that likely would trigger a scramble by airlines to launch new long-haul flights.



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Auto Makers Tap Former Safety Regulator, Engineering Firm for Takata Probe

A group of car makers tapped a former top U.S. auto-safety regulator and an engineering firm to probe defective Takata Corp. air bags prone to rupturing and injuring or killing consumers.



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Fashion Executive Sets About Fixing Gucci

Longtime fashion executive Marco Bizzarri, the new CEO of Gucci, on the job less than three months, has replaced the creative chief, reined in store openings and reached out to retailers in his aim to reignite the label.



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AMC Networks Ad Revenue Jumps

AMC Networks Inc. said that advertising revenue surged in the most recent quarter due in large part to strong demand for original programming at its namesake cable channel.



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GM To Close Indonesia Plant

General Motors said it will shut its Indonesia assembly plant and cut 500 jobs in one of the boldest moves yet by the auto maker to revamp its struggling international operations.



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Ford Hires 400 New Factory Workers in Canada

Ford Motor has added 400 new factory workers to its ranks, this time to its Oakville, Canada, plant, which will also receive a $700 million investment to build a new Edge crossover.



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World Cup Fueled Brazil AmBev's Investments

AmBev, the brewer of beer brands such as Skol and Brahma, invested more than expected in its Brazil operations last year due to the 2014 FIFA World Cup, despite the country’s sluggish economy.



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Hercules Rig Contract Terminated

Hercules Offshore that Saudi Aramco--the world’s largest oil producer--has terminated its drilling contract for its Hercules 261 rig, the latest casualty of the collapse in oil prices.



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Loblaw Profit Doubles

Loblaw Cos. said its fourth-quarter profit more than doubled and revenue climbed nearly 50%, outpacing analyst expectations as it continued to benefit from its acquisition of Shoppers Drug Mart Corp.



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Sempra Energy Earnings Rise on Latin America Growth

Sempra Energy said that growth in its Latin American units as a result of tax reform and favorable currency rates led to stronger-than-expected earnings in the December quarter, though revenue missed expectations.



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Kohl's Holiday Quarter Tops Expectations

Kohl’s Corp. said results in its holiday quarter topped expectations on broad-based sales strength, while the retailer gave an in-line outlook for its newly-started fiscal year.



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Chico's To Close Stores, Cut Head Count

Chico’s FAS Inc. unveiled plans Thursday to cut its capital spending, accelerate stores closures and cut jobs as the women’s specialty retailer seeks to shore up its finances.



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Penn Virginia Exploring Sale

Energy producer Penn Virginia Corp. is exploring a sale as its stock price has declined, its reserves have lost value and billionaire George Soros has urged the company to find a buyer.



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Hutchison Continues Pivot to Europe

Hong Kong tycoon Li Ka-shing’s Hutchison Whampoa Ltd. continues to reduce its exposure to Hong Kong and China in favor of Europe as the ports-to-telecoms conglomerate seeks more predictable and lucrative returns.



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BYD Preliminary 2014 Net Profit Down 21%

Chinese car and battery maker BYD Co. said Thursday its 2014 preliminary full-year net profit fell by around 21% as competition and a market slowdown took its toll on earnings.



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IBM Pumps $4 Billion into 'Strategic Imperatives'

IBM is announcing that it will shift $4 billion in 2015 spending to what it calls the “strategic imperatives” of cloud, analytics, mobile, social and security technologies.



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Sears Targets REIT Formation in May or June

Sears narrowed its quarterly loss but said it is making progress toward forming a real-estate investment trust that will include between 200 and 300 of its namesake stores and Kmart locations.



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Nissan's Infiniti Shifts Gears in Race With Luxury Rivals

The new head of Nissan’s luxury division, Infiniti, said he would focus on improving customer service in a bid to close the yawning gap with the German premium brands that dominate the segment.



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Vale Posts Loss as Iron-Ore Prices Dive

Brazilian mining giant Vale reported a net loss in 2014 as iron-ore prices fell by nearly half, the local currency weakened and impairment charges continued to haunt the company.



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Samsung to Freeze Salaries

Samsung Electronics said Thursday it will freeze its employees’ salaries this year as part of an effort to cut costs amid shrinking profits.



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Atkins Nutritionals Up For Sale

Private-equity firm Roark Capital Group seeks buyer for the low-carbohydrate-diet pioneer Atkins Nutritionals, according to people familiar with the matter.



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Avago to Buy Emulex for $606 Million

Avago agreed to acquire networking company Emulex for about $606 million, an acquisition it said fits well with its enterprise storage portfolio.



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FTC Antitrust Authority Over License Boards Affirmed

The Supreme Court ruled the FTC had the authority to take action against a North Carolina dental board for alleged antitrust violations, a decision that protects the power of antitrust enforcers.



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ARM's Chip Business Heads Beyond Phones

Chip designer ARM is seeking to diversify its business beyond smartphones, with moves into the market for so-called connected devices and the server segment.



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BlackBerry, Google Team Up To Secure Android Phones

BlackBerry Ltd. partnered with Google Inc. to ensure its latest mobile security software works with technology the search engine giant offers to separate an employee’s personal and work data.



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Noble Energy, Plains All American Unveil Equity Offerings

Oil and gas producer Noble Energy Inc. and energy infrastructure and logistics company Plains All American Pipeline LP on Wednesday both unveiled plans to sell more than $1 billion in stock.



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I Don't Have a Job. I Have a Higher Calling.

Faced with a cadre of young workers who say they want to make a difference, employers are trying to inject meaning into the daily grind, connecting profit-driven endeavors to grand consequences for mankind.



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Oil Rivals Hit U.S. Exporter

Several oil companies have turned on Enterprise Products Partners, complaining it is trying to dominate the lucrative oil-export business and muscle out competitors.



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Viewers Don't Add Up to Profit for YouTube

YouTube accounted for about 6% of Google’s overall sales last year, but the video website doesn’t produce a profit—despite a billion monthly users.



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Jostling Begins as FCC's Net Neutrality Vote Nears

After President Barack Obama announced support for strong net neutrality rules, Google’s chairman told a top White House official the president was making a mistake. The criticism was unexpected.



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La Guardia May Allow Long-Haul Flights to West Coast

Regulators are considering lifting the decades-old restriction on flights longer than 1,500 miles from New York’s La Guardia Airport, a move that likely would trigger a scramble by airlines to launch lucrative new long-haul flights.



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New Net Neutrality Rules Still Leave Some Questions Unanswered

The least settled issue in the government’s new net neutrality rules is the one that put the debate back on the front burner in the first place—how much carriers like Verizon Communications can charge companies like Netflix to connect with their networks.



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Abercrombie Faces Supreme Court Battle Over Headscarf Policy

Abercrombie & Fitch Co. found itself decidedly out of fashion at the U.S. Supreme Court on Wednesday, where justices showed little tolerance for the retailer’s rejection of a Muslim job applicant because she wore a headscarf.



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Southwest Completes Inspections on More Than Half of Grounded Planes

Southwest Airlines said Wednesday it had completed mandatory inspections on nearly 80 of the 128 jets it took out of service the previous day because of missed checks of backup rudder systems.



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Bombardier Delays CS300 Flight

Bombardier Inc. said it has delayed the first flight of its new CSeries CS300 jetliner due to weather conditions.



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Fashion Executive Sets About Fixing Gucci

Longtime fashion executive Marco Bizzarri, the new CEO of Gucci, on the job less than three months, has replaced the creative chief, reined in store openings and reached out to retailers in his aim to reignite the label. On Wednesday, Gucci’s latest fashions debuted in Milan.



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Confidence Among Small Firms Holds Steady in February

Despite severe winter storms and frigid temperatures, confidence among small firms held steady in February, marking the fourth consecutive month of record highs.



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Coca-Cola Femsa Takes Forex Hit

Latin America’s biggest bottler of Coca-Cola products took a financial hit in the fourth quarter as it moved to a more realistic foreign-exchange rate to account for its Venezuelan business.



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Mobile Chat Service KakaoTalk Faces Growing Pains

KakaoTalk, the maker of South Korea’s ubiquitous mobile chat service is running into growing pains, underscoring the difficulty of turning a dominant position in mobile messaging into a profitable business.



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Toy Maker Gives New Life to Old Bears

Tired of making cheap toys for Happy Meals, Kate Clark started her own toy company that focuses on characters from classic children’s literature such as Paddington bear, Babar the elephant and ”The Little Prince.”



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Federal Judge Overturns Maine Prescription Drug Law

A federal judge has invalidated a controversial Maine law that allows residents to buy prescription drugs from some foreign pharmacies.



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Chassix Negotiating Bankruptcy Protection

Chassix, a supplier of steering knuckles, control arms and brake components to large auto makers, is working to finalize a restructuring plan with creditors and seek bankruptcy protection as soon as next week, said people familiar with the matter.



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Hedge Fund Bids for RadioShack Name

Hedge fund Standard General LP has offered $20 million for rights to the RadioShack name, adding to its offer to buy 1,700 or more of the troubled retailer’s stores.



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U.A.E. Seeks to Fill Defense Needs at Home

While the U.A.E. is one of the world’s largest weapons buyers, it is revamping its burgeoning defense industry to provide for more of its needs domestically.



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Tobacco Companies to Resolve Lawsuits

The three largest U.S. tobacco companies announced an agreement to resolve pending tobacco lawsuits in Florida.



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Sears Canada Continues String of Losses

Sears Canada Inc. continued a string of quarterly losses in the fiscal fourth quarter as revenue tumbled, offering more evidence the retailer is struggling in its turnaround efforts.



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Staff Divided Over Charlie Hebdo's Future

A rift has emerged inside Charlie Hebdo over how the newspaper should handle its transformation from a financially troubled niche journal to a global brand.



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Sony Names New Movie Chief

Marking a continued makeover following last year’s devastating cyberattack, Sony Pictures named a new head of its movie business who is expected to focus more on franchise pictures and the global marketplace.



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TJX to Lift Pay for U.S. Workers

TJX, the parent company of T.J. Maxx, Marshalls and HomeGoods, plans to boost its employee pay to $9 an hour starting this summer, mirroring a move made last week by Wal-Mart.



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Cablevision Revenue Rises

Cablevision Systems Corp. posted another decrease in subscribers during its most recent quarter although its revenue grew on higher revenue per customer and growth in advertising.



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DineEquity's Sales Growth Boosted by IHOP

DineEquity posted a better-than-expected 4% increase in revenue in its fourth quarter as the restaurant operator’s IHOP chain delivered its best quarterly sales performance in more than a decade.



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Hudson's Bay, Simon Property Group to Form Joint Venture

Hudson’s Bay Co. and Simon Property Group Inc. have reached a deal to create a real estate joint venture using several of the Canadian retail company’s properties in the U.S. and abroad.



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Magna International Earnings Beat Expectations

Magna International reported a better-than-expected fourth-quarter profit and raised its dividend as it benefited from higher vehicle production, but warned that the stronger U.S. dollar will hurt results this year.



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Campbell Soup Posts Lower Earnings

Campbell Soup Co. posted a drop in sales and profit in its February quarter as margins were squeezed by higher promotional spending and costs.



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Eaton Vance Profit Falls

Eaton Vance said its profit fell 59% in the January quarter, as a jump in expenses and a decline in investment advisory and administrative fees weighed on results.



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Apple Hit With $532.9 Million Patent Verdict

A Texas jury ordered Apple Inc. to pay $532.9 million after finding that the company’s iTunes software infringed three patents of privately held Smartflash LLC.



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Target Offers Muted Profit Outlook

Target offered a profit outlook for the current quarter that falls mostly below Wall Street estimates, though the retailer said its sales for the holiday quarter beat the upbeat projection it gave last month.



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EU Could Rule on Gazprom Probe Soon

The European Union could make a ruling in the probe on Russian energy company Gazprom OAO “in a matter of weeks,” the EU’s energy chief said.



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Volkswagen CEO Admits Latest Hirings Stoked Succession Debate

The discussion at Volkswagen about who will become the next chief executive of Europe’s biggest automotive group is gaining pace as current boss Martin Winterkorn is set to retire next year.



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Dollar Tree Outlook Misses Mark

Dollar Tree said its earnings edged expectations but offered a downbeat outlook for the new year as the discount retailer works toward closing its deal to buy fellow low-cost chain Family Dollar Stores Inc.



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Chesapeake Energy Cuts Rig Operations

Chesapeake Energy Corp. said that it will reduce its rig operations to the lowest level since 2004 after reporting weaker-than-expected earnings Wednesday.



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NBCUniversal Calls for Better Audience Management

The head of Comcast’s NBCU added his voice to the chorus of media executives calling for measurement to improve as major television networks experience ratings declines.



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Macau Casino Operator SJM Holdings' Profit Slides

Macau casino operator SJM Holdings Ltd. said its 2014 net profit fell 12.7% from a year earlier, as high-spending gamblers shy away from the semiautonomous Chinese territory’s tables.



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Lowe's Builds Its Fourth-Quarter Sales

Lowe’s Cos. said its sales rose in the fourth quarter as the retailer said the home-improvement industry should experience continued, if modest, growth this year.



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Gemalto Denies Major Data Breach

Gemalto said U.S. and British intelligence services could be responsible for a “sophisticated intrusion” of its networks, but denied that the alleged hack could have widely compromised encryption it builds into chips.



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Maersk to Sell Danske Bank Stake

Danish conglomerate A.P. Moeller-Maersk said it is selling its 20.05% interest in Danske Bank for $5.5 billion, as it reported a net profit of $5.02 billion for 2014, slightly below its expectations.



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Guy Hands Owns More Than Half of Terra Firma's €1 Billion

Guy Hands said that more than half of the €1 billion his private-equity firm, Terra Firma Capital Partners, has available to buy companies is his own money.



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Morrisons Names Former Tesco Executive as CEO

Wm. Morrison, Britain’s fourth biggest supermarket chain, said it has appointed industry veteran and former Tesco executive David Potts as its new chief executive officer, replacing Dalton Philips who left the role earlier in February after five years at the helm.



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Telefónica Sees Growth Ahead

Telefónica said it is embarking on a period of growth, after the telecommunications company’s profit fell sharply in the fourth quarter due to charges at its businesses in Venezuela and Europe.



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Lego Reports Rise in 2014 Profit

Lego reported a 15% jump in profit and said all its markets saw double digit sales growth, outpacing the market for traditional toys which saw modest growth in 2014, adding that it expects continued sales growth in 2015.



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BHP Digs Deep for Investors

BHP Billiton sought to satisfy investors with the promise of higher returns, despite a sharp fall in first-half profit, reinforcing a shift among miners to give more cash back to investors.



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Rusal Swings to Profit on Higher Aluminum Prices

Aluminum producer United Co. Rusal PLC said it swung to a net profit last year thanks to a recovery in the metal’s price and a slide in the ruble’s value that helped boost its profit margins.



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BHP Profit Falls as Mining Boom Fades

BHP, the world’s biggest mining company by market value, reported a 47% decline in first-half profit amid a downturn in world commodity markets.



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I Don't Have a Job. I Have a Higher Calling

Faced with a cadre of young workers who say they want to make a difference, employers are trying to inject meaning into the daily grind, connecting profit-driven endeavors to grand consequences for mankind.



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Rivals Hit Exporter That Opened U.S. Spigot

Several oil companies have turned on Enterprise Products Partners LP, complaining it is trying to dominate the lucrative oil-export business and muscle out competitors.



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Europe Wants the World to Embrace Its Data-Privacy Rules

European Union officials hope to make a proposed data-privacy regime a de facto standard that would be required to sell in Europe, giving local technology firms a leg up in the next era of Internet commerce.



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Jostling Begins as FCC's Net Neutrality Vote Nears

After President Obama announced support for strong net neutrality rules, Google’s chairman told a top White House official the president was making a mistake. The criticism was unexpected—the company had been the driving force behind a push for strong rules to prevent broadband Internet providers from blocking, slowing down or speeding up certain types of Internet traffic.



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Silicon Valley Sex-Bias Trial Gets Under Way

A lawyer for Ellen Pao told a jury that she was harassed by male co-workers and denied plum assignments at venture-capital firm Kleiner Perkins, as arguments began in a gender-bias trial Silicon Valley is watching closely.



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Uber and Lyft Won't Share Investors

Drivers and passengers can freely switch between Uber and Lyft, but investors thinking about backing either car-hailing app must pick a side and stick to it.



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Caterpillar's Tax Liability From Unit Could Grow

Caterpilllar Inc.’s potential liabilities for additional U.S. taxes and penalties could be much larger than the $1 billion recently disclosed by the maker of heavy equipment, tax experts say.



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Sycamore Abandons Attempt to Buy Chico's

Sycamore Partners has abandoned its attempt to buy women’s clothing retailer Chico’s FAS Inc. after failing to line up financing for the deal on acceptable terms.



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New Bombardier Jet Due to Fly Thursday

Bombardier confirmed the company is targeting Thursday for the maiden flight of its new CSeries CS300 jetliner.



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Brazilian Unions Sue McDonald's Franchisee

A group of Brazilian unions are suing McDonald’s Corp.’s Latin America franchisee, Arcos Dorados, alleging labor law violations that include paying less than the minimum wage and prohibiting employees from taking required breaks.



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Supreme Court Receptive to Investors in 401(k) Case

The Supreme Court signaled it was likely to side with 401(k) investors in a case that examines when workers can sue businesses for offering high-cost mutual-fund options in retirement plans when cheaper options are available.



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Whistleblower Claims Wrongful Firing

A man who identified himself as a whistleblower who tipped off federal agents to criminal conduct by employees of Pilot Flying J, the nation’s largest truck-stop chain, filed suit in federal court claiming retaliation by his employer.



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Sen. Cruz Pledges Support for NASA Commercial Space Plan

Sen. Ted Cruz pledged to support development of commercial space taxis to end U.S. reliance on Russian spacecraft to get U.S. astronauts into orbit.



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Strong U.S. Dollar Weighs On Hewlett-Packard

H-P, preparing for what is bound to be a complicated division into two separate companies, has a thorny new problem to deal with: The strong U.S. dollar.



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First Niagara Overestimated Bad-Debt Reserve

First Niagara Financial said it overestimated its reseve for bad debt and is now reviewing results since mid-2013.



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HealthSouth Revenue Rises 7%

HealthSouth Corp.’s fourth-quarter revenue increased 7% as the provider of rehabilitative and surgical health care benefited from increases in the number of patients and pricing.



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Boston Beer Shares Lower on Revenue, Outlook

Boston Beer Co. reported fourth-quarter revenue and issued 2015 per-share earnings guidance that both missed analysts’ expectations, sending the shares lower.



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Range Resources Slashes Capital Budget

Range Resources plans to slash investment in 2015 to $870 million amid sharply lower commodity prices.



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Dynegy Swings to a Profit

Dynegy Inc. swung to a fourth-quarter profit, as the electric-power generating company received a boost from its 2013 absorption of Illinois Power Holdings and higher rates in its coal-based generating business.



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DreamWorks Swings to a Loss

DreamWorks Animation SKG swung to a fourth-quarter loss on a write-down spurred by a weak box-office showing in the U.S. for “Penguins of Madagascar,” expenses related to its restructuring plan and other one-time items.



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LendingClub Swings to Loss, Revenue Doubles

LendingClub, in its first earnings report after its initial public offering, said fourth-quarter revenue more than doubled and said it has “strong momentum” for 2015, but shares fell sharply in late trading.



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First Solar Profit Nearly Triples

First Solar’s profit nearly tripled in the fourth quarter as the solar-products maker reported higher revenues from the sale of a key project.



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HanesBrands to Buy Knights Apparel

Apparel company HanesBrands Inc. agreed to buy Knights Apparel for about $200 million from private-equity firm Merit Capital Partners, continuing its recent acquisition push.



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Revel Casino Strikes Deal With Straub

Revel Casino Hotel has struck a new deal to sell the beleaguered Atlantic City. N.J., resort to Florida-based developer Glenn Straub.



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Sony Pictures Names New Movie Chief

Sony Pictures named a new movie chief with a résumé similar to that of his predecessor, Amy Pascal, but with a very different temperament.



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Former Coke Executive Keough Dies

Donald R. Keough, Coca-Cola Co.’s president and chief operating officer from 1981 to 1993, died early Tuesday at the age of 88, the company said



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Discord at Charlie Hebdo on Way Forward

A rift has emerged inside Charlie Hebdo over how the newspaper should handle its transformation from a financially troubled niche journal to a global brand.



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Goodyear to Pay $16 Million to Settle SEC Charges Over African Bribes

Goodyear has agreed to pay $16 million to settle Securities and Exchange Commission charges that the company’s units in Kenya and Angola paid bribes to land tire sales.



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Honda Replaces CEO Amid Quality Concerns

Honda Motor, seeking to move on from mass recalls involving quality glitches and faulty air bags, said its chief executive would step down to make way for a low-profile engineer with extensive international experience.



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Dish's Ergen Reclaims CEO Post

Dish Network said CEO Joe Clayton will retire at the end of March and will be succeeded by Chairman Charlie Ergen, who will take the helm as the satellite-TV company is pushing to diversify into new lines of business.



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Ecolab Profit Rises 17%

Ecolab Inc. said its fourth-quarter earnings rose 17% on broad growth in the cleaning-products company’s revenue, led by sales in its energy and institutional businesses.



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Pfizer Meningitis B Vaccine Shows Positive Results

Pfizer said its Trumenba meningitis B vaccine showed positive results when administered with meningitis vaccines approved for other strains of the disease met its goals in a Phase 2 study for children ages 10 through 12.



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Cracker Barrel Raises Guidance as Traffic Increases

Cracker Barrel Old Country Store Inc. raised its guidance for the year ending in August after mild weather and low gasoline prices spurred consumer spending in the January quarter, leading to higher traffic and better sales across the board.



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U.S. Oil Growth to Peak in Next Decade

The U.S.’s role as a so-called world swing oil producer won’t last long as its petroleum growth will peak sometime in the next decade and then go into decline, BHP Billiton PLC’s Tim Cutt said.



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Apple to Build Data Centers in Europe

Apple plans to spend nearly $2 billion building its first two data centers in Europe, the latest U.S. tech giant to open computing centers in the region amid a tightening regulatory environment.



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Europe's Digital Czar Slams U.S. Tech Giants

Guenther Oetinger said Google and Facebook are exploiting legal loopholes in Europe to vacuum up and sell individuals’ personal data.



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Macy's Gives Cautious 2015 Outlook

Macy’s said profit edged down in its holiday quarter on sluggish sales growth, while the retailer also gave a muted outlook for 2015.



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Comcast Profit Edges Higher

Comcast’s profit edged up 0.6% thanks to growth in its broadband and business-services divisions, even as video customer additions slowed sharply and cable networks experienced advertising weakness.



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Office Depot Loss Narrows

Office Depot, awaiting regulatory approval for its $6.3 billion deal to be bought by rival Staples, said its loss narrowed in its fourth quarter.



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LG Looks for Partners to Sell OLED TVs

LG is doubling-down on the still-nascent technology, with plans to increase the number of models on offer to 10 this year from just five last year.



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German Companies Push for Tough EU Data-Protection Rules

As negotiations over new EU data-protection rules head into their final stretch, German telecommunications and Internet service providers are pushing for tough rules that could roll back the dominance in Europe of U.S. technology giants like Google and Facebook.



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Home Depot Posts Strong Sales, But Warns on Dollar

Home Depot posted better-than-expected results in its latest quarter on a surge in U.S. sales, though the home-improvement retailer gave a cautious outlook for the year, citing the strong U.S. dollar.



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Technology Bubble? Ask Waffle House

Startup Roadie aims to entice travelers to earn some pocket money by delivering packages on the way to where they’re already going. Waffle House plans to announce a partnership to become part of the network.



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Canadian National Railway, Unifor Reach Tentative Labor Deal

Canadian National Railway Co. and a union representing 4,800 railroad employees averted a labor dispute Monday night after agreeing to a tentative contract deal.



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Spike Lee Joins Website as Video Ad Adviser

Complex Media is bringing in film director Spike Lee to advise on video projects and the kind of ‘branded content’ advertising campaigns that have become a key driver of digital media growth.



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Entrepreneur Seeks to Demonstrate Cure for Crowded Wireless Networks

Steve Perlman has been touting a novel way to relieve wireless-network congestion, but carriers haven’t adopted his idea. Now he is preparing a public demonstration to attract them.



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Dropping Viacom Costs Suddenlink Few Video Subscribers

Cable operator Suddenlink’s results suggest the company lost relatively few video subscribers after it and other small cable operators dropped Viacom networks like Nickelodeon and MTV last year.



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Longer Lives Hit Pension Plans Hard

The Society of Actuaries’ revised mortality assumptions will affect companies with defined benefit plans, requiring them to reflect the higher costs on their balance sheets.



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From Oscar, Mainly Prestige

Sunday’s Academy Awards left both winners and losers in its wake—even among the companies that backed Best Picture winner “Birdman.”



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U.S. Airlines Clash Over Rivals From Persian Gulf

A push by top U.S. airlines to get the Obama administration to intervene against the rapid American expansion of three Persian Gulf carriers has triggered a firestorm of opposition—much of it from within the U.S.



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High-Court Spotlight Put on 401(k) Plans

The U.S. Supreme Court is scheduled to hear arguments Tuesday in a case that could have broad implications for the way millions of Americans save for retirement.



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North Sea Oil Production Continues to Slide

Oil production in the British section of the North Sea declined in 2014 amid rising costs, high taxes and low oil prices, underscoring the need for more investment and exploration there, an industry association said.



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Dish's Ergen Defends Strategy in FCC Auction

Dish Network Chairman Charlie Ergen defended his strategy in the government’s $45 billion airwave auction saying the satellite broadcaster didn’t inflate prices or distort results, a response to criticism from rivals.



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BHP Profit Falls as Mining Boom Fades

BHP, the world’s biggest mining company by market value, reported a 47% decline in first-half profit amid a downturn in world commodity markets.



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First Solar, SunPower in Talks for Joint Yieldco

First Solar and SunPower are in talks to form a joint “yieldco,” an entity that provides power under long-term contracts and pays out much of its cash flow to shareholders.



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Wells Fargo's Patience Is Key to Revel's Future

Following the collapse of yet another deal to sell Atlantic City, N.J.’s defunct Revel Casino Hotel, time may be running out for the resort to find a savior.



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American Apparel Names Marketing, Digital Executives

American Apparel named marketing veteran Cynthia Erland to oversee the struggling retailer’s marketing and communications functions and appointed Thoryn Stephens as its first chief digital officer.



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Facebook Policies Taken to Task in Report

A report commissioned for Belgium’s privacy watchdog on Facebook’s policies said they give users a false sense of control over data privacy, and that the company is acting in violation of European privacy law.



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Yahoo Debates NSA Over Spying

A senior Yahoo official peppered the National Security Agency director, Adm. Mike Rogers, over digital spying at a cybersecurity summit.



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Neglected Roads and Bridges Take Toll on U.S. Companies

State and local governments are looking for funding shortcuts and asking companies to shoulder more of the burden for upkeep of the nation’s bridges and roads, as federal funding for infrastructure improvement gets scarcer.



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Wal-Mart de Mexico Chief Financial Officer to Retire

Wal-Mart Stores Inc.’s Mexican unit said its chief financial officer of 17 years will retire in July, making him the company’s second top-tier executive to exit this year.



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MLB's Streaming-Tech Unit Goes Pro

Major League Baseball’s digital arm is parlaying its expertise in online video to help a growing number of media outlets, including HBO, stream directly to consumers. A partial spinoff of the tech business is being considered.



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Disney Names New Head of Parks

Walt Disney Co. named consumer products chief Bob Chapek as the new head of its parks and resorts division, continuing a shuffling of the ranks among top executives.



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Areva Warns of $5.6 Billion Loss

The French engineering company expects losses to balloon 10-fold as a result of delays to a reactor project in Finland and low demand for new nuclear projects elsewhere.



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Armstrong World to Split Into Two Companies

Armstrong World Industries said it would split into two companies, one focused on flooring and one focused on ceilings, the latest on a long list of planned corporate breakups.



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Bristol-Myers to Acquire Flexus Immunotherapy Pipeline

Bristol-Myers Squibb agreed to acquire privately-held biotechnology company Flexus in a deal potentially valued at up to $1.25 billion that gives Bristol access to a pipeline of investigational immunotherapy treatments.



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Darden Names Gene Lee CEO

Darden Restaurants named Eugene “Gene” Lee Jr. its chief executive, just months after an activist investor ousted Darden’s entire board in a sharp rebuke to the restaurant company’s previous management.



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Humana, Aetna See Drop In Medicare Funding

Humana and Aetna said that they expect their Medicare funding to drop in 2016, after federal regulators last week proposed slight decline in payments for insurers that offer private Medicare plans.



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GM Ignition-Switch Death Toll Rises to 57

The number of deaths attributed to General Motors Co.’s failed ignition switch rose to 57 people as administrators of the compensation fund continued examining claims.



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TransDigm to Buy Telair Cargo Group for $725 Million

TransDigm Group Inc. has agreed to buy AAR Corp.’s Telair subsidiaries for $725 million in cash, in a move to broaden its offerings in the area of cargo handling equipment.



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Mylan to Distribute Gilead's Hepatitis C Drugs in India

Mylan’s Indian subsidiary will be the exclusive distributor of Gilead Sciences’s hepatitis C treatments there, in the latest move in the pharmaceutical wars over the market for the liver disease



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Merck to Team With NGM to Develop Diabetes, Obesity Treatments

Merck & Co. said Monday it has entered a five-year collaboration with NGM Biopharmaceuticals to research and develop drugs that treat diabetes and obesity.



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Cooper Tire Hurt By Overseas Weakness

Cooper Tire & Rubber Co. said Monday that the sale of its Chinese joint venture and weak international growth offset the positive impact from cheaper raw materials, leading to weaker-than-expected earnings in the December quarter.



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Kimberly-Clark Transferring Pensions

Kimberly-Clark expects to reduce its pension obligations by about $2.5 billion by transferring responsibility for benefits owed to roughly 21,000 of its U.S. retirees to Prudential Financial and MassMutual.



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Exxon Adds More To Reserves In 2014

Exxon Mobil added more oil and gas to its reserves than it produced in 2014, with most of the new reserves coming from Canada.



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Target Lowers Free Shipping Minimum

Target Corp. said it cut the minimum level of purchases in half to $25 for online customers to receive free shipping.



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Lilly Delays Diabetes Treatment Submission

Eli Lilly said it would hold off on submitting its late-stage diabetes treatment to both U.S. and European regulatory agencies for approval until it better understands the treatment’s potential side effects.



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Dish Network Results Improve

Dish Network reported higher earnings and revenue in the fourth quarter, but the company lost subscribers and had a higher churn due to not having 21st Century Fox programming.



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U.S. Hits Takata With Fines of $14,000 a Day

Federal regulators slapped Takata with fines of $14,000 a day, accusing the Japanese air-bag supplier of not cooperating with its continuing probe into products that explode with too much force.



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Dish Chairman Ergen to Add CEO Title

Dish Network said CEO Joe Clayton will retire at the end of March and will be succeeded by Chairman Charlie Ergen, who will take the helm as the satellite-TV company is pushing to diversify into new lines of business.



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Google Disrupted in Vietnam

Access to Google’s Vietnam website was disrupted Monday, the company said, with some users redirected to a website appearing to sell software used for cyberattacks.



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Honda Names New President

Honda named a new chief executive with extensive international experience as it wrestles with the effects of mass recalls involving production glitches in new models and problems with air bags in older vehicles.



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Asahi Kasei to Buy Polypore

Asahi Kasei said it has agreed to buy the energy storage business of Polypore International for $2.2 billion, marking the latest multibillion-dollar deal by a Japanese company seeking growth.



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India's Reliance Group to Bid for Defense Contracts

India’s Reliance Group plans to bid for more than $20 billion worth of defense contracts in the next few years and is in talks with global aerospace and defense companies to form partnerships for manufacturing an array of equipment.



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Apple to Invest $1.9 Billion in European Data Centers

Apple said it would invest $1.9 billion to build data centers in Ireland and Denmark to support services offered on its devices such as iTunes and Siri, the personal assistant service.



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J.K. Simmons, Patricia Arquette Early Winners on Oscar Night

J.K. Simmons and Patricia Arquette won the best supporting acting Oscars early in an Academy Awards ceremony marked by smaller-scale front-runners and a special-effects-laden opening number.



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Indian Outsourcers Struggle to Evolve as Growth Slows

India’s outsourcing industry is struggling to become less dependent on peddling the services of inexpensive programmers and is trying to enter new businesses.



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Employers Watch High Court Case on Religious Garb

The Supreme Court on Wednesday will hear arguments over whether Abercrombie & Fitch discriminated against a Muslim job applicant because she wore a head scarf, in a case being closely watched by employers.



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Ivanhoe Energy Files For Bankruptcy Protection

Ivanhoe Energy, the Vancouver-based oil exploration company founded by mining magnate Robert Friedland, said it would file for bankruptcy protection in Canada as it continues to pursue restructuring options.



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Sony, U.S. Agencies Fumbled After Cyberattack

The cyberattack at Sony in November laid bare not just weaknesses in corporate Internet security but major shortcomings in how the government and companies work together to respond to attacks.



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Valeant to Buy Salix for About $10 Billion

Valeant Pharmaceuticals said Sunday it would buy Salix Pharmaceuticals for about $10 billion, a return to its big deal-making ways after a failed bid for Botox maker Allergan Inc. last year.



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BHP Chief to Shed Light On Mining-Spinoff Plan

This week, investors expect BHP’s Andrew Mackenzie to shed more light on his proposal to tack away from the company’s diversification strategy as BHP completes plans for one of the largest spinoffs in mining history.



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Typhoon Jet Set for Upgrade

Four European countries committed to upgrading the Typhoon combat jet’s air-to-ground weapons, as airstrikes on Islamic insurgents in Iraq underscore the need for planes to hit moving targets.



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West Coast Ports Resume Full Operations

West Coast ports are finally working at full speed again, but it will likely take months for the backlog to clear, port officials and logistics experts said



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Prada Sales Hit by Asia Weakness

Italian fashion firm Prada said its sales fell slightly in 2014 compared with the previous year, marking a halt to double-digit growth rates seen in previous years.



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Islamic State Fight Spurs Demand for Precision Weapons

The increased involvement of Middle East military forces in fighting Islamic insurgents is expected to spur demand for more equipment, the Pentagon’s acquisition chief said.



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Deere Sales Hurt by Weak Farm Sector

Deere reported a 17% drop in sales and warned of further difficulty as the farm-equipment maker continues to suffer from weak demand.



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New Security Jitters for SIM Cards

Gemalto, one of the world’s largest cellphone SIM-card providers, scrambled to respond to a report that U.S. and British intelligence agencies hacked into its systems.



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FAA, Industry Continue to Grapple With Cargo-Jet Fuel-Tank Fixes

U.S. air-safety regulators and aviation industry officials continue to clash over reducing fuel-tank explosion risks on some widely used cargo jets, seven years after such federal fixes were mandated for passenger planes.



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Facebook Shuttle Drivers Vote to Ratify New Teamsters Contract

In what could be a big step for organized labor in Silicon Valley’s service industry, Facebook’s shuttle-bus drivers have voted to ratify a new union contract.



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Valeant Nears Deal to Buy Salix

Valeant Pharmaceuticals is nearing a deal to buy Salix Pharmaceuticals for about $10 billion, in the latest sign the rapid pace of consolidation in the drug industry is set to continue.



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Danone Warns of Challenges Ahead

Danone warned that 2015 will pose as difficult a ride as last year with rising raw material costs and challenging consumer trends in some of its largest markets.



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Workers at Largest U.S. Refinery Walk Off Job

A nearly monthlong strike at U.S. refineries escalated Saturday when workers at the nation’s largest refinery in Texas walked off the job after another round of negotiations failed.



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West Coast Port Employers, Union Reach Tentative Five-Year Agreement

West Coast port employers and their union came to a tentative five-year agreement on a new contract late Friday night, a union spokesman said.



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Duke Energy to Pay $102 Million for Coal-Ash Spill

Duke Energy Corp. has agreed to settle charges that it violated the federal Clean Water Act by spilling coal ash into the Dan River in North Carolina last year, and will pay $102.2 million in penalties and restitution.



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Wal-Mart to End One-Day Wait for Sick Pay

Wal-Mart Stores Inc. workers will soon be able to use sick days as soon as they get sick.



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Enbridge Considering New Crude Pipeline to Gulf Coast

Enbridge Inc. said it is considering opening a new route to bring crude oil from western Canada and North Dakota to U.S. Gulf Coast refiners.



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FDA Clears Medtronic's VenaSeal

The U.S. Food and Drug Administration has approved the VenaSeal system for the treatment of varicose veins.



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Lockheed Settles Employee 401(k) Lawsuit

Lockheed Martin Corp. will pay $62 million to settle a civil lawsuit that claimed its employee 401(k) retirement plan charged participants excessive fees.



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Trumps Win Round in Casino Legal Fight

A bankruptcy judge in Delaware Friday gave the green light to a lawsuit by Donald and Ivanka Trump that seeks to reclaim the Trump name from the troubled Trump Taj Mahal casino in Atlantic City.



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Top Senate, House Lawmakers Nearing Deal on Trade Promotion Authority

House and Senate negotiators are converging on a deal to ease congressional passage of trade agreements—a key step in putting a heated dispute before the entire Congress as the Obama administration pursues a sweeping trade pact in Asia.



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Milk Specialties' Owners Explore Sale

The private-equity owners of Milk Specialties, a maker of protein ingredients used in nutritional supplements and animal products, are exploring a sale of the company.



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Federal Case Ties Up Cable Mergers

A federal court case about access to cable-industry documents continues to complicate U.S. regulatory review sof Comcast’s deal for Time Warner Cable and AT&T’s planned acquisition of DirecTV.



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Valeant Approved to Buy Dendreon Assets for $495 Million

A bankruptcy judge Friday approved the sale of the assets of Dendreon Corp., a troubled cancer drug maker, to Valeant Pharmaceuticals International Inc. for $495 million.



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FDA Signals Easier Rule on Genetic Tests

The Food and Drug Administration, in clearing the first direct-to-consumer genetic test for disease risk, is signaling that it will allow a wide range of certain genetic tests onto the U.S. market without FDA review.



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Corinthian's Heald Schools Won't Get California Student Aid Until April

The California Student Aid Commission said it would release roughly $12 million in aid to Corinthian College’s Heald College schools in April—effectively paying after the term is completed as opposed to before as is normal—due to qualms about Heald’s viability.



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GM to Challenge Brazil Strike

General Motors intends to legally challenge a strike at one of its three assembly plants in Brazil and has called for employees to return to work immediately.



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Mideast Threats Spur Defense Spending

The oil-rich monarchies of the Persian Gulf have been boosting outlays on defense equipment—throwing a lifeline to Western defense firms faced with austerity and cutbacks in much of the rest of the world.



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Can an App Be Too Successful? Ask 'Trivia Crack'

The latest red-hot app is “Trivia Crack,” a game that has been downloaded 130 million times. It uses questions written by players, along with their names and photos. But its popularity is starting to backfire.



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West Coast Port Labor Dispute Nears Deadline

Negotiations between West Coast port employers and workers came to a head Friday as the U.S. Secretary of Labor threatened to force the parties to resume negotiations in Washington, D.C., if they didn’t come to a new contract agreement by the end of the day.



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U.S. Oil-Rig Count Falls

The U.S. oil-rig count fell by 37 to 1019 in the latest week, according to Baker Hughes Inc. Oil rigs were last below 1,000 in June 2011.



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Bombardier Raises Size of Equity Offering

Bombardier on Friday raised the size of its planned equity offering to 938 million Canadian dollars ($751 million) from the C$750 million announced Thursday.



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Telecom Italia CEO Rules Out Oi Bid

Telecom Italia’s Chief Executive Marco Patuano said his firm isn’t focused on a tie-up with its Brazilian competitor Oi, but would “come to the table” if someone made a good offer for the company’s own Brazilian asset.



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Oil-Price Weakness Hits Saudi Aramco

Saudi Aramco is starting to feel the pain from its country’s decision to push OPEC members to keep pumping. Now it is asking contractors for steep discounts in an effort to cut costs.



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AngloGold Seeks Deals for Colombia, Colorado Assets, Sources Say

AngloGold Ashanti, the world’s third-largest gold producer, has hired banks to seek buyers or partners for assets in the Americas in a bid to reduce billions of dollars of debt, according to people familiar with the matter.



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