Contrasting Fortunes of Samsung Executives Defy Slump

Amid one of Samsung’s most bruising years, J.K. Shin, the co-CEO who oversees its mobile division, saw his total pay more than double and he earned nearly three times as much as one of his co-CEOs.



from WSJ.com: US Business http://ift.tt/1EB2Y4t

via IFTTT

Wal-Mart Presses Suppliers to Cut Prices

Wal-Mart is telling suppliers to forgo investments in joint marketing with the retailer and plow the savings into lower prices instead.



from WSJ.com: US Business http://ift.tt/1CuU3xV

via IFTTT

Bright House Deal Advances Malone's Cable Ambitions

John Malone missed out on acquiring Time Warner Cable, but his deal to buy Bright House Networks is putting him back at the center of the cable industry’s transformation.



from WSJ.com: US Business http://ift.tt/1Dq46Gt

via IFTTT

Google Lab Puts a Time Limit on Innovations

Google is embracing a leaner, faster way to find the next big thing amid questions about the Internet giant’s heavy spending on long-term research projects.



from WSJ.com: US Business http://ift.tt/1CuU3xQ

via IFTTT

GoDaddy Raises $460 Million in IPO

GoDaddy Inc., a technology provider to small businesses, priced its initial public offering at $20 a share Tuesday.



from WSJ.com: US Business http://ift.tt/1CuU3xO

via IFTTT

Privacy Group Sues FAA Over Drone Rules

Privacy advocates sued the Federal Aviation Administration for not addressing privacy issues in recent proposed rules for commercial drones.



from WSJ.com: US Business http://ift.tt/1Dq46q0

via IFTTT

Ballet Dancers Leap Into Instagram, Commerce

For centuries, ballet was all about presenting its glittering, performance-ready side. Then came Instagram.



from WSJ.com: US Business http://ift.tt/1CuU3hz

via IFTTT

23 People Charged in 'Sneakers Case'

Twenty-three people, including nine doctors, were charged with taking part in a health-care-fraud scheme that raked in reimbursements from unnecessary medical services provided to poor New Yorkers.



from WSJ.com: US Business http://ift.tt/1Dq441q

via IFTTT

Supreme Court: Medicaid Providers Can't Sue States for Higher Pay

The Supreme Court said Tuesday that Medicaid providers can’t sue states claiming they were underpaid for medical services to the poor, ruling such disputes should be resolved instead by the U.S. Department of Health and Human Services.



from WSJ.com: US Business http://ift.tt/1CuU1WU

via IFTTT

Samson Resources Says It May File for Chapter 11 Bankruptcy

Struggling oil-and-gas producer Samson Resources Inc. said, in a filing on Tuesday, that Chapter 11 bankruptcy protection might offer the best route to restructuring its heavy debt load.



from WSJ.com: US Business http://ift.tt/1Dq441m

via IFTTT

Noah to Succeed Stewart on 'Daily Show'

Comedy Central has tapped 31-year-old South African comic Trevor Noah to replace Jon Stewart as the host of its flagship franchise, “The Daily Show.”



from WSJ.com: US Business http://ift.tt/1NzywsP

via IFTTT

'Summer' Movies Show Up Early

What makes a “summer” movie? As Hollywood churns out more big-budget “tentpoles,” a packed calendar from May-to-August means more such films are being released in March and April.



from WSJ.com: US Business http://ift.tt/1C3P57R

via IFTTT

UTi Worldwide Loss Widens

UTi Worldwide Inc. said its fiscal fourth-quarter loss widened sharply on one-time expenses related to recent restructuring efforts, as well as a decline in revenue.



from WSJ.com: US Business http://ift.tt/1xUB6WR

via IFTTT

Brazil's Grupo OAS Files for Bankruptcy Protection

Brazilian conglomerate Grupo OAS said it filed for bankruptcy protection in a São Paulo state court for nine of its units amid a corruption investigation that has engulfed some of Brazil´s largest construction firms.



from WSJ.com: US Business http://ift.tt/1C3P57H

via IFTTT

Oil Companies Show Interest in Mexican Auction

More than 40 oil companies have sought access to geological data under Mexico’s first oil auction in eight decades, showing interest is holding up despite low oil prices, according to the nation’s hydrocarbons regulator.



from WSJ.com: US Business http://ift.tt/1xUB5T1

via IFTTT

Laricina Gets Creditor Protection

Oil-sands company Laricina Energy said it has obtained creditor protection in Canada after getting a demand for payment from its key lender and largest shareholder, which says it is owed about $137 million.



from WSJ.com: US Business http://ift.tt/1C3P7wl

via IFTTT

Ally Financial To Stay In Detroit

Ally Financial will remain a mainstay of Detroit after the company announced plans Tuesday to move to a new office building in the downtown area.



from WSJ.com: US Business http://ift.tt/1xUB5SX

via IFTTT

Nielsen to Merge Into U.K. Unit as Part of Planned Relocation

Nielsen NV outlined more details of its plan to change its corporate structure as it moves its headquarters to the U.K. from the Netherlands.



from WSJ.com: US Business http://ift.tt/1C3P4R9

via IFTTT

GoDaddy Out to Lose Bad-Boy Image

Customers recognize GoDaddy from ads with Danica Patrick and others but the web-hosting firm now hopes an IPO will help its transition to serious small business Web partner.



from WSJ.com: US Business http://ift.tt/1afSqv5

via IFTTT

Subscription Service Accused of Fraud

Authorities in five states filed a lawsuit Tuesday against a magazine and newspaper subscription service they accuse of charging highly inflated prices for publications they weren’t authorized to sell.



from WSJ.com: US Business http://ift.tt/1NExdsH

via IFTTT

Charter to Buy Bright House Networks

Charter Communications agreed to buy Bright House Networks for $10.4 billion in cash and stock, the latest deal in a rapidly consolidating pay-television industry.



from WSJ.com: US Business http://ift.tt/1NExcVG

via IFTTT

H-P Says It Sued Two Former Autonomy Executives

Hewlett-Packard said it filed suit against two former senior officials of Autonomy, the U.K. software firm that H-P purchased and then accused of misrepresenting its financial condition.



from WSJ.com: US Business http://ift.tt/1NExagw

via IFTTT

ADM to Adopt No-Deforestation Policy for Soy and Palm Oil

Archer Daniels Midland will adopt a new policy to fight deforestation by soy and palm-oil suppliers.



from WSJ.com: US Business http://ift.tt/1Eya3ml

via IFTTT

Bombardier Cut Former CEO's Pay

Canadian plane and train maker Bombardier cut its former chief executive’s compensation package last year amid efforts to revamp its corporate structure and address troubles in its aerospace division.



from WSJ.com: US Business http://ift.tt/1Eya8q2

via IFTTT

Kraft, Dietitian Group to End Program

A program to put a dietitian group’s “Kids Eat Right” logo on Kraft Singles has reached an early expiration date after a petition by dietitians called for an end to the partnership.



from WSJ.com: US Business http://ift.tt/1NEx20B

via IFTTT

Harman Buys Luxury-Car Stereo Business

Harman International Inc., a maker of in-car multimedia systems, is buying the automotive side of Bang & Olufsen, giving the Stamford, Conn., company a dominant position in the automotive industry



from WSJ.com: US Business http://ift.tt/1Ey9TLN

via IFTTT

Valuation Rises for Chinese Taxi-Hailing App

U.S. hedge funds are jumping onboard China’s dominant taxi-hailing app company, putting an $8.75 billion valuation on the Chinese startup.



from WSJ.com: US Business http://ift.tt/1NEwYOi

via IFTTT

Comcast Creates Investment Company

Comcast said Chief Financial Officer Michael J. Angelakis will leave his post to lead a new investment company funded by the cable and media giant.



from WSJ.com: US Business http://ift.tt/1Ey9V6d

via IFTTT

Stone Point Buys Software Company Black Mountain

Financial services-focused private-equity firm Stone Point Capital acquired Black Mountain Systems, a provider of software to the asset management industry, on Tuesday.



from WSJ.com: US Business http://ift.tt/1NEx7kG

via IFTTT

Movado Warns of Slow Growth, Currency Headwinds

Movado Group Inc. said its earnings rose 40% in the holiday quarter due to lower taxes, and posted an upbeat profit guidance for the year, but warned of slow retail growth in the watch industry.



from WSJ.com: US Business http://ift.tt/1NEwQym

via IFTTT

UnitedHealth to Buy Catamaran for $12.8 Billion

UnitedHealth Group plans to bulk up its pharmacy-benefit business with the acquisition of Catamaran.



from WSJ.com: US Business http://ift.tt/19nzF7U

via IFTTT

Horizon Pharma to Buy Hyperion Therapeutics

Horizon Pharma has agreed to purchase Hyperion Therapeutics for $955.7 million in cash, in a move to expand its drug portfolio by adding two treatments for a rare metabolic condition.



from WSJ.com: US Business http://ift.tt/19zFlLE

via IFTTT

South African Utility's Chairman Steps Down

The move is the latest for the country’s beleaguered state utility and follows the suspension of four top executives, including chief executive, earlier this month.



from WSJ.com: US Business http://ift.tt/1CH80Kv

via IFTTT

Singapore Air Seeks Stake in Hong Kong Airlines

Singapore Airlines is in talks to buy a minority stake in short-haul carrier Hong Kong Airlines, as part of an effort to tap into China’s booming travel market.



from WSJ.com: US Business http://ift.tt/1IhQ0GH

via IFTTT

CBRE to Buy Johnson Control Unit for $1.48 Billion

CBRE Group Inc. has agreed to buy Johnson Controls Inc.’s global workplace solutions business for $1.48 billion in cash, as the commercial real-estate firm looks to capitalize on the trend of corporations outsourcing real estate services.



from WSJ.com: US Business http://ift.tt/1CH7YCl

via IFTTT

Line CEO Sees 2015 as Critical

The new chief executive of the operator of popular smartphone messaging application in Japan worries the door for growth won’t remain open for long.



from WSJ.com: US Business http://ift.tt/1IhPYhT

via IFTTT

Uber Wins French Court Reprieve Over Legality of Uberpop

A French court declined to ban Uber Technologies Inc.’s lowest cost services, kicking the case to a higher court and winning the car-hailing service a reprieve in one of its biggest European markets.



from WSJ.com: US Business http://ift.tt/1yvt69s

via IFTTT

Samsung, LG End Legal Disputes

Samsung and LG said they would end all pending legal disputes, bringing a measure of peace to two of South Korea’s best-known conglomerates.



from WSJ.com: US Business http://ift.tt/1OTCZrQ

via IFTTT

Richemont to Merge Net-A-Porter With Yoox Group

Richemont plans to combine its online fashion retailer Net-a-Porter with Italian Web-based clothing company Yoox a deal that will create an Internet shopping giant with revenue of more than $1.4 billion.



from WSJ.com: US Business http://ift.tt/1HZxp5y

via IFTTT

Philips Sells Lighting Business

Investment fund GO Scale Capital plans to buy an 80.1% stake in Philips’ combined LED components and automotive lighting operation, in a deal that values the business at about $3.3 billion.



from WSJ.com: US Business http://ift.tt/1HZxrdt

via IFTTT

IBM to Invest $3 Billion in Sensor-Data Unit

IBM plans to invest $3 billion over four years on a new business helping customers like the Weather Channel gather and analyze the flood of data from sensor-equipped devices and smartphones.



from WSJ.com: US Business http://ift.tt/1CFZyuX

via IFTTT

Alibaba, BMG Sign Music Distribution Deal for China

Alibaba Group Holding Ltd. has signed a digital music distribution deal in China with BMG, the music division of Germany’s Bertelsmann.



from WSJ.com: US Business http://ift.tt/1CFZBqE

via IFTTT

Huawei Profits Jump

China’s Huawei Technologies’ net profit rose 33% last year, helped by strong revenue growth and foreign exchange gains.



from WSJ.com: US Business http://ift.tt/1ILv77v

via IFTTT

Kaisa Delays Release of Results

Troubled Chinese property developer Kaisa delayed the release of its 2014 results to give auditors time to finish their work.



from WSJ.com: US Business http://ift.tt/1CFZBqB

via IFTTT

Facebook Woos Chinese Advertisers

Facebook is waging a charm campaign to draw more business from Chinese companies, even though Chinese users can’t access its service.



from WSJ.com: US Business http://ift.tt/19kpu3Y

via IFTTT

McDonald's to Test Expanded Breakfast Hours

Fast-food chain McDonald’s will experiment with round-the-clock Egg McMuffins and Hot Cakes at some San Diego area outlets, responding to customer demand and countering rivals such as Jack In The Box and Sonic.



from WSJ.com: US Business http://ift.tt/1G9ORlH

via IFTTT

MillerCoors Caught in a Downdraft

At MillerCoors, the U.S. joint venture of SABMiller and Molson Coors, profit margins are under pressure and rival craft beers are cutting into sales. On top of it, the company needs to find a new CEO.



from WSJ.com: US Business http://ift.tt/1BZ78Mp

via IFTTT

U.K. Aims to Lure Game Developers

The British government will offer millions of dollars of tax breaks in a bid to lure digital-game developers.



from WSJ.com: US Business http://ift.tt/1G9ORlz

via IFTTT

Senator to Take Closer Look at FTC-Google Meetings

A key U.S. senator plans to ask the FTC for information about meetings it had with Google executives during the time it was investigating the company for possible antitrust violations.



from WSJ.com: US Business http://ift.tt/1G9ORlv

via IFTTT

Jay Z Enters Music-Streaming Wars

Tidal, a music-streaming service acquired by rapper Jay Z earlier this month, was relaunched with star-studded fanfare in New York. The service hopes to set itself apart from Spotify with exclusive music and a high-fidelity option.



from WSJ.com: US Business http://ift.tt/1G9ORls

via IFTTT

Amazon Hires Pilot-Union Executive for Drone Program

In the latest sign of the importance of its drone program, Amazon.com has hired Sean Cassidy, the former number-two executive at the Air Line Pilots Association, to help with the project.



from WSJ.com: US Business http://ift.tt/1BZ77rG

via IFTTT

Chinese Food Giant Seeks Deals in U.S.

Chinese food company Cofco is on a determined shopping spree. In a few short years, Cofco has spent a couple billion dollars quietly buying up Australian cane fields, French vineyards and soybean pastures in Brazil. Now, Cofco is exploring deals in the U.S.



from WSJ.com: US Business http://ift.tt/1G9OOpZ

via IFTTT

Tesla to Unveil New Product April 30

Tesla Motors will unveil a new product on April 30 that isn’t a car but is likely a stationary battery storage system.



from WSJ.com: US Business http://ift.tt/1BZ78vO

via IFTTT

Aston Martin May Build Electric Rapide

Aston Martin may build an electric version of its Rapide sports car in two to three years as a part of its plan to overhaul its lineup and add several new models, said Chief Executive Andy Palmer in an interview.



from WSJ.com: US Business http://ift.tt/1G9OOpQ

via IFTTT

Wintry Hit Seen in Soft Spending

Americans are deferring spending for now in favor of saving, a cautiousness that has restrained broader economic growth despite signs household outlays may rebound later in the spring.



from WSJ.com: US Business http://ift.tt/1BZ77bg

via IFTTT

Germanwings Crash Comes Amid Labor Strife

The crash of Germanwings Flight 9525 comes at a delicate moment for labor relations at the budget airline’s parent company, Lufthansa.



from WSJ.com: US Business http://ift.tt/1G9OOX2

via IFTTT

Enterprise Products CEO to Retire

Enterprise Products Partners said Chief Executive Michael Creel will retire at year’s end after leading the company for five years, to be replaced by Chief Operating Officer A. James Teague.



from WSJ.com: US Business http://ift.tt/1BZ77b2

via IFTTT

Thomsons Invited Banker to Fill Role at Trust

Canada’s Thomson family approached a prominent banker about filling a role at the trust that holds their controlling stake in Thomson Reuters, amid criticism about the vacancy in litigation with a former employee.



from WSJ.com: US Business http://ift.tt/1G9OO9m

via IFTTT

FTC's Second Request for Info on Staples, Office Depot Merger Plan

The Federal Trade Commission has requested additional information from Staples Inc. and Office Depot Inc. in connection with the pending $6.3 billion deal to combine the companies.



from WSJ.com: US Business http://ift.tt/1G9OO9k

via IFTTT

Vail Resorts to Buy Australian Ski Resort Perisher

Vail Resorts agreed to acquire Perisher Ski Resort for about $136 million, a deal that marks its first international expansion.



from WSJ.com: US Business http://ift.tt/1BZ78f6

via IFTTT

Fracking's New Legal Threat: Earthquake Suits

A lawsuit in Oklahoma highlights a new question for energy companies: Can they be forced to pay for damages from earthquakes if the tremors can be linked to oil-and-gas activity?



from WSJ.com: US Business http://ift.tt/1NzyyB5

via IFTTT

WWE Subscriber Numbers Jump

World Wrestling Entertainment now has more than 1.3 million subscribers for its online TV network, a 31% increase in just two months that shows consumers’ increasing willingness to pay for channels outside of the traditional cable bundle.



from WSJ.com: US Business http://ift.tt/1ErADgM

via IFTTT

Trevor Noah to Succeed Jon Stewart 'Daily Show'

Comedy Central has tapped 31-year-old South African comic Trevor Noah to replace Jon Stewart as the host of its flagship franchise, “The Daily Show.”



from WSJ.com: US Business http://ift.tt/1NzywsP

via IFTTT

McDonald's Labor Liability Dispute Goes Before Judge

A federal administrative law judge Monday took up the regulatory question underlying complaints about low wages in the fast-food industry: whether companies like McDonald’s Corp. share responsibility for the actions of their franchisees.



from WSJ.com: US Business http://ift.tt/1ErABFG

via IFTTT

Netflix Adds Two Directors to Board

Netflix appointed Anne Sweeney, the former co-chair of Disney media networks and president of Disney-ABC television, and Brad Smith, general counsel of legal and corporate affairs at Microsoft Corp.



from WSJ.com: US Business http://ift.tt/1ErADxi

via IFTTT

Amaya Sells Cadillac Jack to AGS

Amaya Inc. on Monday said it has agreed to sell Cadillac Jack Inc., a gaming-machine supplier, to an affiliate of Apollo Global Management LLC for about 476 million Canadian dollars ($378 million).



from WSJ.com: US Business http://ift.tt/1NzyvVY

via IFTTT

U.S. Hedge Fund Takes Aim at Vivendi's Bolloré Again

Tensions bubbled up again Monday between Vivendi SA and a U.S. hedge fund over what the company should do with its large cash pile.



from WSJ.com: US Business http://ift.tt/1Nzyy3W

via IFTTT

Amgen Granted FDA Priority Review for Expanded Use of Kyprolis

Amgen Inc. said the U.S. Food and Drug Administration granted priority review status to its supplemental new drug application for Kyprolis to treat patients with relapsed multiple myeloma who have received at least one prior therapy.



from WSJ.com: US Business http://ift.tt/1ErACJP

via IFTTT

ANA Seeks Growth Beyond Japan

ANA Holdings’ new president said the company expects revenue from international passengers to soar over the next decade as the Japanese airline looks to profit from a government-fueled tourism boom.



from WSJ.com: US Business http://ift.tt/1ErADxy

via IFTTT

GM Ignition-Switch Death Toll Rises to 77 People

The number of eligible deaths linked to the General Motors Co. faulty ignition switch stood at 77 Monday as the number of claims under review continues to fall.



from WSJ.com: US Business http://ift.tt/1ErAD0n

via IFTTT

DuPont Board Approves Governance Changes

DuPont Co. said its board approved changes to the planned corporate governance structure for the performance-chemicals business that it is spinning off.



from WSJ.com: US Business http://ift.tt/1ErACJZ

via IFTTT

Deadline Delayed for Schlumberger, EDC Deal in Russia

Russia’s largest onshore oil drilling firm Eurasia Drilling Co. Ltd. said Monday it would extend a final deadline on a proposal to sell a stake to oil-field services giant Schlumberger Ltd. for about $1.7 billion.



from WSJ.com: US Business http://ift.tt/1ErADgW

via IFTTT

Fortune Brands to Buy Norcraft

Fortune Brands Home & Security Inc. agreed to acquire kitchen and bathroom cabinet maker Norcraft Cos. for about $514 million.



from WSJ.com: US Business http://ift.tt/1ErADNO

via IFTTT

Salus Changes Mind About New Bid for RadioShack

Salus Capital Partners, the hedge fund trying to gain control of RadioShack, has changed its mind about increasing its offer for the battered retail operation.



from WSJ.com: US Business http://ift.tt/1ErAASq

via IFTTT

Bacardi Acquires Angel's Envy Bourbon

Bacardi Ltd. said it has acquired the company behind the Angel’s Envy bourbon brand, giving the family-owned rum and spirits company its first American whiskey.



from WSJ.com: US Business http://ift.tt/1NzyxNx

via IFTTT

Dunkin' Donuts Considers All Cage-Free Eggs

Dunkin’ Donuts said Monday it will evaluate the feasibility of using eggs from uncaged hens only in all its restaurants and plans to change the type of pork it buys in the U.S. by 2022.



from WSJ.com: US Business http://ift.tt/1ErAB8M

via IFTTT

Teva to Acquire Auspex in $3.2 Billion Deal

Teva agreed to acquire Auspex, increasing the Israel-based drug maker’s presence in the market for treatments for central nervous system disorders.



from WSJ.com: US Business http://ift.tt/1aavKMA

via IFTTT

Abbott Labs Files to Sell Nearly a Third of Its Mylan Stake

Abbott Laboratories filed to offer nearly a third of its stake in Mylan NV that it got from the recent sale of a portion of its generic-drugs business to the Netherlands-based drug maker.



from WSJ.com: US Business http://ift.tt/19oeQcr

via IFTTT

Yoox Confirms Net-A-Porter Talks

Italian online fashion retailer Yoox said it was in talks about a possible ‘business combination’ with Net-A-Porter, the Web-based clothing seller owned by luxury giant Cie. Financière Richemont.



from WSJ.com: US Business http://ift.tt/1If3uD4

via IFTTT

Japan Clips Thailand's Wings With Airline Ban

Thai authorities said Monday they will use military-provided powers to improve a poor safety rating that prompted Japan to ban Thai carriers from adding new flights last week.



from WSJ.com: US Business http://ift.tt/1DkbpB3

via IFTTT

American Realty Capital Properties Revenue More Than Doubles

American Realty Capital Properties said its revenue more than doubled in the fourth quarter due to an increase in gross assets and last year’s acquisition of Cole Capital Advisors.



from WSJ.com: US Business http://ift.tt/1If3tyT

via IFTTT

GNC Reaches Agreement With New York State on Herbal Supplements

GNC Holdings and New York Attorney General Eric Schneiderman said Monday that a test of the company’s herbal supplements found that they are in full compliance with the Food and Drug Administration.



from WSJ.com: US Business http://ift.tt/1DkbpkH

via IFTTT

Horizon Pharma to Buy Hyperion Therapeutics

Horizon Pharma has agreed to purchase Hyperion Therapeutics for $955.7 million in cash, in a move to expand its drug portfolio by adding two treatments for a rare metabolic condition.



from WSJ.com: US Business http://ift.tt/19zFlLE

via IFTTT

EU Approves Biomet-Zimmer Merger

Zimmer Holdings secured approval in the EU for its $13 billion acquisition of fellow orthopedic-device maker Biomet after agreeing to sell three businesses in Europe to assuage antitrust concerns.



from WSJ.com: US Business http://ift.tt/19zFnDa

via IFTTT

UnitedHealth to Buy Catamaran for $12.8 Billion

UnitedHealth Group plans to acquire Catamaran for about $12.8 billion in cash, bulking up its pharmacy-benefit business.



from WSJ.com: US Business http://ift.tt/19nzF7U

via IFTTT

Korea Aerospace Industries Preferred Bidder for New Fighter Jet

South Korea has named Korea Aerospace Industries the preferred bidder of a multibillion-dollar deal to develop a new fighter jet.



from WSJ.com: US Business http://ift.tt/1DcLuK2

via IFTTT

Li Ka-shing Bets on Tech Startups

Li Ka-shing’s venture-capital fund, run by his longtime companion Solina Chau, is accelerating investments from Israel to Silicon Valley.



from WSJ.com: US Business http://ift.tt/1G0wVda

via IFTTT

Fears Push Car Makers Deep Into Silicon Valley

Silicon Valley is becoming the nexus of an emerging car industry that has giants like Mercedes-Benz, Ford and others racing to tap the region’s know-how.



from WSJ.com: US Business http://ift.tt/1McuLMB

via IFTTT

Volvo to Open Plant in the U.S.

Volvo said it plans to spend $500 million to build a new vehicle plant in the U.S., and said it will choose a state in about a month.



from WSJ.com: US Business http://ift.tt/1GFAKoI

via IFTTT

GM, Ford Make a Play for China's Luxury-Car Buyers

Ford and GM will unveil new passenger cars at the New York Auto Show that take aim at the growing collection of buyers of luxury vehicles in China.



from WSJ.com: US Business http://ift.tt/19lBHFv

via IFTTT

Liability for Crash May Rest With Airline, Insurer

Lufthansa and its insurer could still face large legal liability claims in the crash of Germanwings Flight 9525 despite indications that the co-pilot who deliberately crashed the plane hid medical problems.



from WSJ.com: US Business http://ift.tt/19lBHFt

via IFTTT

EIG Investing $1 Billion in Breitburn

EIG Global Energy Partners agreed to invest $1 billion in Breitburn Energy Partners, as energy producers turn to alternative capital sources in an effort to bolster their balance sheets.



from WSJ.com: US Business http://ift.tt/1GFAIwV

via IFTTT

ABN Amro Executives Renounce Pay Rises

Dutch bank ABN Amro Group said its top executives returned a pay increase following criticism from lawmakers.



from WSJ.com: US Business http://ift.tt/19lBHFp

via IFTTT

A Local Bank in Amish Country Flourishes

Bank of Bird-in-Hand is the only new bank to open in the U.S. since 2010, when the Dodd-Frank law was passed.



from WSJ.com: US Business http://ift.tt/1a92vtx

via IFTTT

Chinese Company Makes Lower Bid for PanAust

A Chinese company made a reduced takeover bid for PanAust, valuing the miner at $859 million and indicating the world’s second-biggest economy is eager to take advantage of slumping commodity prices.



from WSJ.com: US Business http://ift.tt/1HekOba

via IFTTT

It's Really Here: TV for Babies

Most TV networks don’t target viewers any younger than four years old, but one channel is testing that boundary. BabyFirstTV aims its programming at children as young as six months, and it now reaches 50 million households.



from WSJ.com: US Business http://ift.tt/1a8TTDl

via IFTTT

Facebook Woos Chinese Advertisers

Facebook is waging a charm campaign to draw more business from Chinese companies, even though Chinese users can’t access its service.



from WSJ.com: US Business http://ift.tt/19kpu3Y

via IFTTT

Lawsuit Exposes Tensions in Thomson Media Family

A lawsuit aimed at a member of Canada’s Thomson family alleges serious governance lapses involving the company through which the country’s richest family controls media giant Thomson Reuters.



from WSJ.com: US Business http://ift.tt/19kpEbk

via IFTTT

Boxing Match Sets Off Fight Over Fees

Boxers Floyd Mayweather and Manny Pacquiao don’t square off until May 2, but the media companies behind the highly anticipated welterweight title bout are already coming to blows over how to split up the money.



from WSJ.com: US Business http://ift.tt/1a8TTTO

via IFTTT

'Home' Sweeps Away Box Office

Animated film starring, Rihanna and Jim Parsons, leads the weekend with $54 million in debut.



from WSJ.com: US Business http://ift.tt/1a8VngN

via IFTTT

A New Normal for Defense Contractors

Contractors and Army leaders gathering at two big trade shows face a sober reality: The Army has borne the brunt of Pentagon budget cuts, prompting deal-making among suppliers and forcing others to leave the business.



from WSJ.com: US Business http://ift.tt/1a8TY9U

via IFTTT

Indiana Governor Defends 'Religious Freedom' Law

Indiana Gov. Mike Pence defended a controversial religious-objections bill he signed into law, saying he was “proud” of the legislation and declined to say whether it would allow discrimination against gay people.



from WSJ.com: US Business http://ift.tt/19kpEIp

via IFTTT

U.S. Coding Website GitHub Hit With Cyberattack

A popular U.S. coding website is enduring an onslaught of Internet traffic meant for China’s most popular search engine, in an episode that security experts say represents a likely attempt by China to shut down anticensorship tools.



from WSJ.com: US Business http://ift.tt/1G5FFhZ

via IFTTT

Tobacco Companies to Meet with FTC Ahead of Merger Decision

Reynolds American and Lorillard are expected to meet this week with members of Federal Trade Commission ahead of a final decision by the agency on whether to allow the companies to merge, according to people familiar with the matter.



from WSJ.com: US Business http://ift.tt/19i2Zwp

via IFTTT

Greece Gives Details on Port Sale

Greece has told creditors it expects to raise at least $545 million from the privatization of the Piraeus port, according to Greek officials.



from WSJ.com: US Business http://ift.tt/1G5FDXw

via IFTTT

Holcim Shareholder Opposes Lafarge Deal

Eurocement Holding, the second-largest shareholder in cement company Holcim, plans to vote against the Swiss company’s union with Lafarge unless the financial terms of the deal are altered, according to a person familiar with situation.



from WSJ.com: US Business http://ift.tt/19i2Zwh

via IFTTT

Aabar, Arabtec Consider More Investments in Egypt

Abu Dhabi investment firm Aabar and U.A.E. construction company Arabtec are looking to step up their investments in Egypt, the chairman of both entities said, underscoring the deepening ties between the two countries.



from WSJ.com: US Business http://ift.tt/1G5FDXr

via IFTTT

ChemChina to Uphold Pirelli's Autonomy

China National Chemical, which is bidding for tiremaker Pirelli, says it is committed to upholding the Italian company’s autonomy and reputation.



from WSJ.com: US Business http://ift.tt/1EPMY9I

via IFTTT

Chairman of Dubai's Drydocks World Resigns

The chairman of Dubai’s shipyard arm Drydocks World has stepped down and has been replaced by an official from the emirate’s department of finance.



from WSJ.com: US Business http://ift.tt/19fpX7m

via IFTTT

Dufry Close to Deal for World Duty Free

Swiss airport retailer Dufry is nearing a deal to buy Italy’s World Duty Free Group for around €3.6 billion ($3.92 billion), according to people familiar with the matter.



from WSJ.com: US Business http://ift.tt/1OKtmf5

via IFTTT

Best Buy to Shutter Canadian Future Shop Chain

Best Buy Co. said it would shutter its Canadian chain Future Shop to focus attention on its namesake brand, a move that will cut about 1,500 jobs across the country.



from WSJ.com: US Business http://ift.tt/1G2BC60

via IFTTT

Lifestyle Lift Seeks Bankruptcy Protection

Plastic-surgery chain Lifestyle Lift filed for Chapter 11 protection, 3½ weeks after abruptly shutting down its business and laying off its staff of nearly 400.



from WSJ.com: US Business http://ift.tt/1F2IBKQ

via IFTTT

Grupo Gigante to Buy RadioShack's Mexican Business

Retailer Grupo Gigante said Friday that it has agreed to buy RadioShack’s Mexican business for $31.8 million, which it plans to revamp and expand.



from WSJ.com: US Business http://ift.tt/1CWjjig

via IFTTT

Barrick Chairman Got Almost $13 Million in 2014

Barrick Gold Chairman John Thornton received almost $13 million in total compensation for his role at the gold miner, a company that has seen investor disquiet over executive compensation in recent years.



from WSJ.com: US Business http://ift.tt/1CWjj1U

via IFTTT

United Shifts Two-Crew Cockpit Policy on Certain Jets

The parent of United Airlines said it had dropped a policy allowing a single pilot to remain in the cockpit of some of its Boeing jetliners, and now required two crew members be present at all times.



from WSJ.com: US Business http://ift.tt/1F2IAqt

via IFTTT

DaVita Healthcare Announces CFO Transition

DaVita Healthcare Partners Inc.’s chief accountant, James K. Hilger, will take on the chief financial officer role on an interim basis, effective March 30.



from WSJ.com: US Business http://ift.tt/1F2IBKN

via IFTTT

Pilot Sues JetBlue Over Mental-Health Issues

A JetBlue Airways Corp. pilot whose erratic behavior diverted a U.S. flight three years ago sued the airline on Friday for permitting him to fly despite what he claims was evidence of his mental-health problems.



from WSJ.com: US Business http://ift.tt/1F2IBuz

via IFTTT

Jury Backs Kleiner Perkins in Sex-Bias Case

A San Francisco jury Friday found that venture-capital firm Kleiner Perkins Caufield & Byers did not discriminate or retaliate against former partner Ellen Pao, in a closely watched case that raised questions about the treatment of women in Silicon Valley.



from WSJ.com: US Business http://ift.tt/1a0nm2a

via IFTTT

MSG Files to Separate Its Sports, Entertainment Businesses

Madison Square Garden took another step in its spinoff plans, filing a registration statement to separate its sports and entertainment operations from its media business.



from WSJ.com: US Business http://ift.tt/1a0nlLI

via IFTTT

Exide Wins Court Approval for Restructuring

Battery maker Exide won bankruptcy-court approval for a restructuring that cuts $600 million from its $1 billion in debt and puts the company under the ownership of senior lenders who financed its stay under Chapter 11.



from WSJ.com: US Business http://ift.tt/1a0nkHr

via IFTTT

Delta Retains Route Between Seattle and Tokyo's Haneda

The U.S. Department of Transportation on Friday determined that Delta Air Lines Inc. should retain the slot pair that allows it to fly daily between Seattle and Tokyo’s close-in Haneda Airport.



from WSJ.com: US Business http://ift.tt/1NkaZMp

via IFTTT

Austria's OMV Gets New CEO

The head of German oil and gas company Wintershall Holding GmbH, Rainer Seele, will take over in July as chief executive officer of Austrian oil and gas company OMV AG, the Austrian company said.



from WSJ.com: US Business http://ift.tt/1bCSJAu

via IFTTT

New SkyMall Owner May Relaunch Catalog

SkyMall got approval to proceed with a sale to C&A Marketing for $1.9 million. C&A said it plans to turn around the failed business and possibly reinstate the quirky catalog.



from WSJ.com: US Business http://ift.tt/19qipyi

via IFTTT

Intel in Talks to Buy Altera

Intel is in talks to buy Altera Corp. in what would be Intel’s largest purchase ever.



from WSJ.com: US Business http://ift.tt/1NjIf6s

via IFTTT

Regulators Have Hands Full With Tesla's Hands-Free Driving

Tesla Motors Inc. has provided auto executives and regulators a better view into the nascent electric vehicle market, but now it is in focus for another reason: autonomous vehicles.



from WSJ.com: US Business http://ift.tt/1FT0gHY

via IFTTT

RadioShack Bidding War Continues With Salus Offer

The bidding war for RadioShack is still on, even as the company pursues court approval of a company-saving deal with Standard General LP.



from WSJ.com: US Business http://ift.tt/19ZWYW1

via IFTTT

Bombardier CSeries Won't Fly Commercially Until 2016

Bombardier Inc. says it doesn’t expect its CSeries aircraft to begin carrying commercial passengers until early 2016, the latest setback linked to the jetliner program.



from WSJ.com: US Business http://ift.tt/1Njz5qv

via IFTTT

Building Workers Fired at South Africa Power Plant

Contractors providing thousands of building workers to South Africa’s state power company fired more than 1,500 employees at a key project, after a one-day strike threatened further delays to construction of a plant.



from WSJ.com: US Business http://ift.tt/19ZPT87

via IFTTT

Tycoon Li's Horizons Ventures Bets on Tech Startups

Li Ka-shing’s venture-capital fund, run by his longtime companion Solina Chau, is accelerating investments from Israel to Silicon Valley.



from WSJ.com: US Business http://ift.tt/19ZPWAO

via IFTTT

Mercedes-Benz Plans a Pickup for Urban Cowboys

German auto maker says its coming offering will appeal to existing pickup owners looking for greater luxury and comfort than now available from midsize pickups from Toyota, General Motors and others.



from WSJ.com: US Business http://ift.tt/1FY4jRO

via IFTTT

Auto Makers Set Up Shop in Silicon Valley

Silicon Valley is becoming the nexus of an emerging car industry that has giants like Mercedes-Benz, Ford and others racing to tap the region’s know-how.



from WSJ.com: US Business http://ift.tt/1McuLMB

via IFTTT

Toyota's New Blue-Collar Executive

Toyota Motor Corp. has promoted veteran Mitsuru Kawai to senior management, the highest post held by a blue-collar worker at the company. Mr. Kawai’s main task will be overseeing Toyota’s plants and utilizing his experience in traditional manufacturing.



from WSJ.com: US Business http://ift.tt/1HYjfxT

via IFTTT

Southern Copper Cancels Peru Copper Project

Southern Copper said it is canceling the $1.4 billion Tia Maria copper mine project in southern Peru due to ongoing protests and a lack of government support.



from WSJ.com: US Business http://ift.tt/1McuHwk

via IFTTT

Doncasters Pursues Sale of Fastener Business

U.K. industrial firm Doncasters is pursuing a sale of its structural-fastener business, according to people familiar with the matter.



from WSJ.com: US Business http://ift.tt/1HYjg4U

via IFTTT

The Father of Zero-Based Budgeting

Pete Pyhrr pioneered the use of budgets that required managers to justify spending every year, a technique that reached the White House in the 1970s—then almost disappeared. Now, Heinz, Kraft and other giants are adopting it.



from WSJ.com: US Business http://ift.tt/1yfCu10

via IFTTT

Peugeot to Halt Russian Car Production

A Russian car-making venture owned by Peugeot Citroën and Mitsubishi Motors will temporarily suspend production at its factory in Russia and cut jobs in response to the nation’s plunge in auto sales.



from WSJ.com: US Business http://ift.tt/1HX2zXQ

via IFTTT

Apps Meerkat, Periscope in Race for Live-Video Supremacy

Live-video streaming apps Meerkat and the newly introduced Periscope are going head-to-head in a race to become the dominant way for social-media users to broadcast their surroundings.



from WSJ.com: US Business http://ift.tt/1yfCu0N

via IFTTT

Mobile Alters Landscape Where Google Operates

Smartphone users spend most of their time in apps rather than Web browsing. But among those who search, Google has a big share.



from WSJ.com: US Business http://ift.tt/1M7A0NR

via IFTTT

Pemex in Pipeline Deal With BlackRock, First Reserve

Pemex has landed its first major investment since an energy overhaul opened the sector to private players. BlackRock and First Reserve will put up about $900 million for a 45% stake in a pipeline project.



from WSJ.com: US Business http://ift.tt/1yfCsG9

via IFTTT

Ford Reveals Executive Compensation

Ford Motor Chief Executive Mark Fields earned $18.6 million in 2014, mostly in stock compensation and other incentives.



from WSJ.com: US Business http://ift.tt/1OD2s93

via IFTTT

Mondelez CEO Pay Rises 50% in 2014

Mondelez International Inc. said Chief Executive Irene Rosenfeld’s total compensation rose 50% in 2014, boosted by an increase to her annual incentive award and pension value.



from WSJ.com: US Business http://ift.tt/1OD2qxY

via IFTTT

Mercedes-Benz in Talks With Nissan to Jointly Develop Pickup Truck

Mercedes-Benz Vans, the light truck division of automotive group Daimler, is in talks with Nissan about developing and producing a planned midsize pickup truck, according to people familiar with the situation.



from WSJ.com: US Business http://ift.tt/1OD2s8V

via IFTTT

Petrobras Nominates Vale CEO as Its Next Chairman

Brazil’s Petrobras said it has nominated the chief executive of mining giant Vale as its next board chairman, as the oil company scrambles to deal with the fallout from a vast corruption scandal.



from WSJ.com: US Business http://ift.tt/1OD2qxO

via IFTTT

U.K. iPhone Users Allowed to Sue Google

A U.K. court ruled that British iPhone users can sue Google for allegedly tracking them inappropriately via Apple’s Safari Web browser.



from WSJ.com: US Business http://ift.tt/1OD2s8P

via IFTTT

Quiksilver Ousts CEO

Quiksilver Inc. removed its chief executive Friday after the outdoor-apparel retailer last week slashed guidance for the current year and finished an investigation into its revenue-accounting practices.



from WSJ.com: US Business http://ift.tt/1ByZeKs

via IFTTT

Carnival Earnings Top Expectations

Carnival posted sharply better-than-expected earnings in its February quarter as fuel costs tumbled and onboard spending improved.



from WSJ.com: US Business http://ift.tt/1OD2qhm

via IFTTT

Telecoms Invest Heavily on India Broadband

Cellphone-service companies made a $17.6 billion bet this week on the growing popularity of smartphones in India.



from WSJ.com: US Business http://ift.tt/1ByZeu4

via IFTTT

Honda to Expand India Capacity

Honda Motor would spend $156 million to expand its car and motorcycle manufacturing capacity in India as it tries to meet growing demand for its products in Asia’s third-largest automobile market.



from WSJ.com: US Business http://ift.tt/1ByZeu0

via IFTTT

Europe's Cargo Ships Diverted to Sea Rescues

The waves of African and Middle Eastern seaborne migrants attempting to reach Europe are causing a little-noticed but serious problem for the mercantile ships that ply the Mediterranean.



from WSJ.com: US Business http://ift.tt/19VcYJ2

via IFTTT

LightSquared's Restructuring Plan Is Approved

A judge approved the restructuring plan of LightSquared, capping a bankruptcy odyssey for Philip Falcone’s ambitious wireless venture that filed for bankruptcy nearly three years ago.



from WSJ.com: US Business http://ift.tt/1M6fcGs

via IFTTT

Pepsi-Cola Replaces Diet Coke as No. 2 Soda

Pepsi-Cola supplanted Diet Coke as the No. 2 soda brand in the U.S. by volume in 2014 as Americans continued to flee diet soft drinks, according to industry data published Thursday.



from WSJ.com: US Business http://ift.tt/1GuPkiI

via IFTTT

FedEx Uses 'Common Carrier' Defense Against DOJ Charges

FedEx filed a motion to dismiss Justice Department charges of conspiracy to distribute controlled substances, arguing that it is legally protected as a company that carries goods for the public.



from WSJ.com: US Business http://ift.tt/1xCq5cG

via IFTTT

Vice Media Lands a Daily Newscast on HBO

Vice Media, the Web-video upstart whose edgy content has drawn investors and millennial viewers, took a major step toward its goal of becoming a mainstream television outlet, announcing a multiyear agreement with HBO.



from WSJ.com: US Business http://ift.tt/1GuPcj7

via IFTTT

Dow Chemical to Split Off Chlorine Ops

Dow Chemical said it will split off a significant portion of its chlorine business and merge it with Olin in a deal valued at $5 billion.



from WSJ.com: US Business http://ift.tt/1CTM67l

via IFTTT

Chevron to Sell Caltex Australia Stake

Chevron plans to sell its stake in an Australian oil-refining business for about $3.60 billion, as the U.S. oil company sheds assets to buffer its balance sheet from tumbling oil prices.



from WSJ.com: US Business http://ift.tt/193HfEg

via IFTTT

Daughter Wins Family Fight Over Control at Otsuka Kagu

The founder of a major Japanese furniture retailer fails to unseat his daughter from the helm of the company at a shareholder meeting.



from WSJ.com: US Business http://ift.tt/1CTM4w6

via IFTTT

BlackBerry Swings to a Profit

BlackBerry reported a surprise quarterly profit but revenue fell well short of expectations.



from WSJ.com: US Business http://ift.tt/1yibRZ4

via IFTTT

India Rises as Importer of Coal

India has recently been taking advantage of a global price slump to import more coal, while China is seeking to rely more on domestic sources.



from WSJ.com: US Business http://ift.tt/193HeQW

via IFTTT

China's Cnooc Posts Higher Annual Profit

China’s Cnooc is pledging to boost efficiencies at its overseas operations this year as falling oil prices have hit its increasingly global portfolio. The company said profit rose 6.6% in 2014.



from WSJ.com: US Business http://ift.tt/1D5GRDh

via IFTTT

Hyundai Elevator Frustrates Foreigners

Schindler Holding’s failure to stop Hyundai Elevator from revising rules to increase share capital has frustrated foreigners who want changes to South Korea’s corporate governance.



from WSJ.com: US Business http://ift.tt/1CTM4w2

via IFTTT

ECB Staff Complain of Burn Out

The union that represents workers at the European Central Bank has said that acute understaffing at the institution is leading to employee burnout.



from WSJ.com: US Business http://ift.tt/1yibTQO

via IFTTT

Germanwings Plane Crash Heightens Pressure on Airbus

The deadly crash of Germanwings Flight 9525 heightens pressure on Airbus Group, just as it embarks on an unprecedented period of building more jets and introducing new models.



from WSJ.com: US Business http://ift.tt/1NaCgAO

via IFTTT

Balance of Power Shifts in Groceries

Smaller companies focused on natural and organic foods are feasting on shifts in tastes among consumers distrustful of established food giants’ products and ingredients. And big retailers are egging them on.



from WSJ.com: US Business http://ift.tt/1yfCuhk

via IFTTT

Meet the Father of Zero-Based Budgeting

Pete Pyhrr pioneered the use of budgets that required managers to justify spending every year, a technique that reached the White House in the 1970s—and then almost disappeared. Now, Heinz, Kraft and other giants are adopting it.



from WSJ.com: US Business http://ift.tt/1yfCu10

via IFTTT

Google CFO Gets $70 Million Pay Package

Google’s incoming CFO, Ruth Porat, will receive a $5 million signing bonus plus $65 million worth of restricted stock, making her one of the highest paid CFOs.



from WSJ.com: US Business http://ift.tt/1M7A145

via IFTTT

Apps Meerkat, Periscope in Race for Live-Video Supremacy

Live-video streaming apps Meerkat and the newly introduced Periscope are going head-to-head in a race to become the dominant way for social-media users to broadcast their surroundings.



from WSJ.com: US Business http://ift.tt/1yfCu0N

via IFTTT

Mobile Alters Landscape Where Google Operates

Smartphone users spend most of their time in apps rather than Web browsing. But among those who search, Google has a big share.



from WSJ.com: US Business http://ift.tt/1M7A0NR

via IFTTT

Pemex in Pipeline Deal With BlackRock, First Reserve

Pemex has landed its first major investment since an energy overhaul opened the sector to private players. BlackRock and First Reserve will put up about $900 million for a 45% stake in a pipeline project.



from WSJ.com: US Business http://ift.tt/1yfCsG9

via IFTTT

Yahoo Boosts Share Buyback by $2 Billion

Yahoo has authorized an additional $2 billion for stock buybacks through March 2018.



from WSJ.com: US Business http://ift.tt/1M7A0NO

via IFTTT

Schlumberger Admits Sanctions Violations

Oil-services giant Schlumberger has agreed to pay $232.7 million for violating U.S. sanctions in Iran and Sudan, ending a six-year Justice Department investigation.



from WSJ.com: US Business http://ift.tt/1FVFVQM

via IFTTT

Movie Franchises, Now a Bargaining Chip

Universal Pictures gave up a piece of “Furious 7” in a deal to secure “Ted 2,” an agreement that illustrates the increased value of franchises in Hollywood.



from WSJ.com: US Business http://ift.tt/1FVFVQF

via IFTTT

Facebook to Beef Up Messenger Mobile App

Facebook Inc. unveiled plans to beef up its Messenger mobile application to allow users to book reservations, track online orders and send custom videos, a push to make the app a tool for commerce.



from WSJ.com: US Business http://ift.tt/1y8g69A

via IFTTT

PayPal to Pay $7.7 Million to U.S. Over Alleged Sanctions Violations

The U.S. Treasury Department announced Wednesday a $7.7 million settlement with eBay unit PayPal over multiple alleged sanctions violations by the payments company.



from WSJ.com: US Business http://ift.tt/1FVFVAi

via IFTTT

Kraft Deal Fueled by Lean Recipe

A key ingredient in 3G Capital Partners recipe for reshaping the U.S. food industry is an arcane-sounding financial tool that slashes costs by focusing on minute details.



from WSJ.com: US Business http://ift.tt/1N8ZO9p

via IFTTT

Boat People Disrupt Mediterranean Shipping

Last year, Italian authorities called on 700 mercantile vessels to help rescue migrants.



from WSJ.com: US Business http://ift.tt/19VcYJ2

via IFTTT

Judge Approves LightSquared's Restructuring Plan

A judge on Thursday approved the restructuring plan of LightSquared, an elusive milestone for Philip Falcone’s ambitious wireless venture that went bankrupt nearly three years ago.



from WSJ.com: US Business http://ift.tt/1M6fcGs

via IFTTT

For Monsanto, a Season of Woes

Monsanto is confronting some of its stiffest challenges in years, as it contends with criticism of biotech foods, farmers tightening their belts, and the WHO labeling its trademark weed killer as a potential carcinogen.



from WSJ.com: US Business http://ift.tt/1E5V2I8

via IFTTT

H-P Nears Deal to Sell Control of Chinese Unit

Hewlett-Packard Co. is nearing a deal to sell control of its data-networking business in China to Tsinghua Unigroup Ltd., according to people familiar with the matter.



from WSJ.com: US Business http://ift.tt/1IzMIiB

via IFTTT

FedEx Uses 'Common Carrier' Defense Against DOJ Charges

FedEx filed to dismiss Justice Department charges of conspiracy to distribute controlled substances for its alleged role in transporting illegal prescription drugs, arguing that it is legally protected as a company that carries goods for the public.



from WSJ.com: US Business http://ift.tt/1xCq5cG

via IFTTT

Pepsi-Cola Replaces Diet Coke as No. 2 Soda

Pepsi-Cola supplanted Diet Coke as the No. 2 soda brand in the U.S. by volume in 2014 as Americans continued to flee diet soft drinks, according to industry data published Thursday.



from WSJ.com: US Business http://ift.tt/1GuPkiI

via IFTTT

HBO, Vice Media in Programming Deal

HBO is teaming up with Vice Media to launch a daily newscast, the two companies said Thursday.



from WSJ.com: US Business http://ift.tt/1GuPcj7

via IFTTT

Former Petrobras CEO 'Ashamed' Of Allegations Against Company

The former chief executive of Brazil’s beleaguered state-run oil firm Petroleo Brasileiro SA said Thursday she is “ashamed” of allegations of bribery at a Petrobras project.



from WSJ.com: US Business http://ift.tt/1HOVAA6

via IFTTT

Groupe Bolloré Raises Stake in Vivendi

French conglomerate Groupe Bolloré said Thursday it has again boosted its stake in Vivendi SA, bulking up the influence of chairman Vincent Bolloré as he faces a challenge from an activist shareholder.



from WSJ.com: US Business http://ift.tt/1GuParv

via IFTTT

Intel, Micron Join Shift to 3-D Storage Chips

Intel and Micron Technology said they are shipping samples of jointly designed chips that stack circuitry in layers to boost storage capacity rather than packing smaller components on to a flat square of silicon.



from WSJ.com: US Business http://ift.tt/1GuP9nF

via IFTTT

Codelco Restarts Some Operations in Northern Chile

Chilean state-owned copper company Codelco said Thursday it had restarted operations at its Distrito Norte mines, which had been closed due to heavy rains and flooding.



from WSJ.com: US Business http://ift.tt/1HOVmsN

via IFTTT

Fiat Chrysler CEO Disagrees With Plaintiff's Lawyer on Meeting

Sergio Marchionne sparred with a plaintiff’s lawyer in a deposition over the purpose of his meeting with top U.S. auto-safety regulators to discuss older-model Jeeps involved in fiery rear-end crashes.



from WSJ.com: US Business http://ift.tt/1GlSRjc

via IFTTT

Japanese Robot Maker Fanuc Reveals Some of Its Secrets

Japan’s Fanuc, which helps make iPhones and Teslas, decides it’s time to open its doors after long eschewing quarterly briefings and other investor contacts.



from WSJ.com: US Business http://ift.tt/1Bsc7oL

via IFTTT

Repsol Chairman to Hand Powers to CEO

Spanish oil company Repsol said its chairman and top executive for more than a decade, Antonio Brufau, plans to hand over his remaining executive powers to the company’s chief executive later this year.



from WSJ.com: US Business http://ift.tt/1E4TLRz

via IFTTT

Air China's Profit Rose 14% in 2014

Air China reported a 14% rise in 2014 profit, as strong growth in outbound travel demand and lower fuel prices more than offset foreign exchange-losses.



from WSJ.com: US Business http://ift.tt/1EY2brH

via IFTTT

Superdry Looks to U.S. to Drive Growth

Superdry, the British brand known for the eponymous logos splashed across its lines of casual wear, has struck a deal that paves the way for it to expand in the U.S.



from WSJ.com: US Business http://ift.tt/1BsG09r

via IFTTT

Dutch Raid Uber Office in Amsterdam

Dutch authorities on Thursday raided an office of Uber Technologies Inc. in Amsterdam. Investigators focused their search on Uberpop, a cheap service that was banned by a Dutch court in December.



from WSJ.com: US Business http://ift.tt/1xBL0MX

via IFTTT

U.S. Steel to Idle Illinois Flat-Rolled Steel Plant

U.S. Steel Corp. said it will temporarily idle an Illinois plant as it consolidates its North American flat-rolled steel operations, reflecting weakened demand from the energy sector.



from WSJ.com: US Business http://ift.tt/1FUVSXf

via IFTTT

ConAgra Raises Earnings Outlook

ConAgra Foods Inc. raised its guidance for the year ending in May on Thursday after posting better-than-expected results in its latest quarter.



from WSJ.com: US Business http://ift.tt/1M4grGa

via IFTTT

Shell to Cut 250 North Sea Jobs

Oil giant Royal Dutch Shell said it would cut 250 more U.K. North Sea jobs and make changes to shift patterns, as it continues to manage costs and improve the competitive performance of its operations around the world.



from WSJ.com: US Business http://ift.tt/1yculKJ

via IFTTT

Brazil Construction Company Galvao Engenharia Seeks Bankruptcy Protection

Brazilian construction firm Galvao Engenharia filed a request for bankruptcy protection, the second by a company alleged by authorities to have been involved in corruption at energy giant Petroleo Brasileiro.



from WSJ.com: US Business http://ift.tt/1ycu8XH

via IFTTT

Rosetta Stone Chief Executive Stephen Swad Resigns

Rosetta Stone Inc. said Thursday that Stephen Swad has resigned as chief executive and president, effective April 1, after holding the top executive spot since 2012.



from WSJ.com: US Business http://ift.tt/1ycupKg

via IFTTT

Telefonica Raises Cash for $8 Billion Brazil Deal

Telefónica has taken the plunge with a two-pronged stock sale to raise the cash to pay for part of its $7.96 billion takeover of Brazilian cable operator GVT from France’s Vivendi.



from WSJ.com: US Business http://ift.tt/1ycujT7

via IFTTT

Accenture Forecasts Larger Hit From Foreign Exchange

Accenture PLC said Thursday that it will take a larger-than-expected hit from foreign exchange this year, though the consulting giant raised its revenue growth target on a local currency basis.



from WSJ.com: US Business http://ift.tt/1ycuhdN

via IFTTT

Scholastic Posts Wider-Than-Expected Loss

Scholastic reported a wider-than-expected loss in the February quarter as sales declines in some segments offset gains in its children’s book business.



from WSJ.com: US Business http://ift.tt/1ycucqD

via IFTTT

New Lender Challenge Could End RadioShack's Chance of Survival

RadioShack’s chances of surviving bankruptcy are growing increasingly dim, as top-ranking lenders mounted a new challenge to the company-saving bid from hedge fund Standard General LP.



from WSJ.com: US Business http://ift.tt/1CRjHPf

via IFTTT

SanDisk Cuts Revenue Outlook

Thumb-drive maker SanDisk cut its revenue outlook for the year and current quarter, citing lower-than-expected sales of enterprise products and soft pricing in some areas of its business.



from WSJ.com: US Business http://ift.tt/1CRjJXs

via IFTTT

PetroChina to Slash Spending as Profits Fall

PetroChina Co. has become the latest major global oil company to slash its spending plans for the coming year, after a global drop in oil prices led to a 17% fall in its 2014 net profit.



from WSJ.com: US Business http://ift.tt/1900peh

via IFTTT

Toyota Unveils Revamped Manufacturing Process

Toyota broke a two-year silence on a revamped manufacturing process—built on sharing components among vehicles—that it says will produce half its vehicles by 2020 and slash costs.



from WSJ.com: US Business http://ift.tt/1CRjKdM

via IFTTT

Amazon Expands Prime Now Service to Dallas

Amazon has expanded its Prime Now service to Dallas, as it continues to roll out its one-hour delivery service beyond New York City.



from WSJ.com: US Business http://ift.tt/19TrxNg

via IFTTT

Lululemon Gives Disappointing Outlook

Lululemon Athletica Inc. gave a weak outlook for its current quarter and full year, despite posting better-than-expected results for its holiday quarter as traffic improved.



from WSJ.com: US Business http://ift.tt/1BrELaz

via IFTTT

EU to Open E-Commerce Probe

The European Union is set to open a sweeping investigation into whether Internet commerce firms like Amazon.com are violating the bloc’s antitrust laws.



from WSJ.com: US Business http://ift.tt/1OA5z1q

via IFTTT

Adidas Targets Turnaround

Adidas aims to lift profit by 15% through 2020 as it battles to assuage investors’ concerns after abandoning earlier financial targets.



from WSJ.com: US Business http://ift.tt/1Nbu2IB

via IFTTT

Bolloré Sells Big Chunk of Havas

Groupe Bolloré, the conglomerate controlled by French billionaire Vincent Bolloré, has sold a $655 million stake in Havas, the French advertising group run by Mr. Bolloré’s son, Yannick.



from WSJ.com: US Business http://ift.tt/1Nbu17z

via IFTTT

Geely Revs Up London Black Cab Investment

Zhejiang Geely Holding Group is investing $372 million to build a new plant in Coventry, England, to help ramp up production of London’s black cabs and boost the vehicles’ presence overseas.



from WSJ.com: US Business http://ift.tt/1bwqDqn

via IFTTT

Ford Expects to Triple Exports from India

Ford Motor expects to triple exports from India, its chief executive said, as the U.S. auto maker started a $1 billion manufacturing facility in the country.



from WSJ.com: US Business http://ift.tt/1Nbnrhj

via IFTTT

German Consumer Confidence Seen Rising

German consumer confidence is set to improve further in April, buoyed by a weak euro and low energy costs, according to a monthly sentiment survey.



from WSJ.com: US Business http://ift.tt/1bwqEut

via IFTTT

Energy Department Revives Fuel-Efficient Vehicle Loan Program

The Energy Department is dusting off a loan program meant to help auto makers and their supply chain finance investments in fuel-efficient vehicles, announcing a $259 million loan to Alcoa.



from WSJ.com: US Business http://ift.tt/1HJjL2I

via IFTTT

América Móvil in Network Agreement With Elektra

Mexico’s América Móvil signed an agreement with Grupo Elektra under which a unit of Elektra will offer mobile-phone services by leasing space on America Movil’s network.



from WSJ.com: US Business http://ift.tt/1M1R8nY

via IFTTT

The High Cost of Saving a Failing Business

Filing for bankruptcy protection to save a small business often costs at least $100,000 to $300,000—and sometimes twice as much in cases where creditors are contentious, lawyers say.



from WSJ.com: US Business http://ift.tt/1M1vRuB

via IFTTT

Germanwings Plane Crash Heightens Pressure on Airbus

The deadly crash of Germanwings Flight 9525 heightens pressure on Airbus Group, just as it embarks on an unprecedented period of building more jets and introducing new models.



from WSJ.com: US Business http://ift.tt/1NaCgAO

via IFTTT

Top Beer Brands Soon to List Calories

Carlsberg, Heineken, InBev, SABMiller and others soon will add nutritional labels to their drinks to aid customers making food and drinks choices by calorie count, a European brewers group said.



from WSJ.com: US Business http://ift.tt/1NaCiJ1

via IFTTT

Supreme Court Appears Divided on EPA Mercury Rules

The Supreme Court appeared deeply divided over whether the Environmental Protection Agency erred when it adopted regulations requiring power plants to cut emissions of mercury and other toxic air pollutants.



from WSJ.com: US Business http://ift.tt/1NaCiIT

via IFTTT

DOJ Seeks More Information in Expedia, Orbitz Deal

Expedia and Orbitz each received second requests from the Justice Department for additional information in connection with their pending merger.



from WSJ.com: US Business http://ift.tt/1M1vRuw

via IFTTT

FDA Bans Shipments From Indian Drug Maker Aarti

The FDA has banned shipment to the U.S. of medicines made by Aarti Drugs, the company disclosed in a filing with the Bombay Stock Exchange, following an inspection of manufacturing facilities in August.



from WSJ.com: US Business http://ift.tt/1M1vRee

via IFTTT

Pacific Sun's Sales Rise

Teen retailer Pacific Sunwear of California Inc. said sales rose more than expected in its holiday quarter but warned it may report a wider loss in the current period due to supply disruptions and weather.



from WSJ.com: US Business http://ift.tt/1NaCisC

via IFTTT

Schlumberger Unit Admits Sanctions Violations

Oil-services giant Schlumberger has agreed to pay $232.7 million for violating U.S. sanctions in Iran and Sudan, ending a six-year Justice Department investigation.



from WSJ.com: US Business http://ift.tt/1FVFVQM

via IFTTT

Movie Franchises, Now a Bargaining Chip

Universal Pictures gave up a piece of ‘Furious 7’ in a deal to secure ‘Ted 2,’ an agreement that illustrates the increased value of franchises in Hollywood.



from WSJ.com: US Business http://ift.tt/1FVFVQF

via IFTTT

Facebook to Beef Up Messenger Mobile App

Facebook Inc. unveiled plans on Wednesday to beef up its Messenger mobile application to allow users to book reservations, track online orders and send custom videos, a push to make the app a tool for commerce.



from WSJ.com: US Business http://ift.tt/1y8g69A

via IFTTT

Chobani in Talks for TPG Partner to Be Its President

Chobani Inc. is in serious talks with a partner from private-equity firm TPG Capital to formally take on the role of president and chief operating officer at the yogurt company, according to people familiar with the matter.



from WSJ.com: US Business http://ift.tt/1FVFTbr

via IFTTT

PayPal to Pay $7.7 Million to U.S. Over Alleged Sanctions Violations

The U.S. Treasury Department’s sanctions unit Wednesday announced a $7.7 million settlement with PayPal Inc. over multiple alleged sanctions violations by the company.



from WSJ.com: US Business http://ift.tt/1FVFVAi

via IFTTT

In Kraft-Heinz, a New Way to Cut Costs

Zero-based budgeting, which forces executives to justify their spending plans from scratch every year, is a critical part of the blueprint for rejuvenating Kraft, Heinz and other big consumer-goods companies.



from WSJ.com: US Business http://ift.tt/1N8ZO9p

via IFTTT

In Kraft-Heinz Deal, Will Chicago or Pittsburgh Lose More Jobs?

H.J. Heinz and Kraft Foods Group said their merger will create a new company “co-headquartered in Pittsburgh and the Chicago area.” That fuzzy concept will leave people in both places nervous.



from WSJ.com: US Business http://ift.tt/1FH6FWB

via IFTTT

Hermès Posts Rise in Profit

French luxury goods company Hermès said its 2014 net profit rose 9% from a year earlier, though currency effects caused its operating margin to fall from 2013’s record high.



from WSJ.com: US Business http://ift.tt/1btMuic

via IFTTT

Google Turns to Wall Street for New CFO

Its stock lagging and investors grumbling, Google reached out to Wall Street, hiring Morgan Stanley’s Ruth Porat as its new finance chief.



from WSJ.com: US Business http://ift.tt/19idMGB

via IFTTT

Fiat CEO's Testimony Starts in Jeep Lawsuit

Chrysler conducted a “thorough review” of older Jeeps and the design of their fuel tanks is “not a safety defect,” Fiat Chrysler’s CEO testified in a wrongful-death lawsuit over a 4-year-old boy killed in a 2012 crash.



from WSJ.com: US Business http://ift.tt/1CMiecO

via IFTTT

Auto Workers' Medical Benefits at Risk Under New Tax

Detroit’s negotiations this summer to reach a new four-year labor deal won’t just be an argument about wages. Generous health-care benefits for about 135,000 unionized factory workers are at risk of being cut.



from WSJ.com: US Business http://ift.tt/1CMiecM

via IFTTT

Comcast Pushes Back Closing for Time Warner Cable Merger

Comcast said its expects its pending merger with Time Warner Cable to close in the middle of the year, a delay from its earlier guidance.



from WSJ.com: US Business http://ift.tt/19PYeej

via IFTTT

Brazil Antitrust Agency Clears Telefonica Purchase of Vivendi Unit

Brazil’s antitrust regulator approved, with some conditions, Spanish telecom firm Telefónica SA’s purchase of Vivendi SA’s Brazilian unit, GVT.



from WSJ.com: US Business http://ift.tt/1GUR4jf

via IFTTT

Versace Dressed for Success in 2014

Gianni Versace’s 2014 revenue and profit rose by double-digits amid the Italian fashion house’s efforts to reach a wider customer base in both emerging and mature markets.



from WSJ.com: US Business http://ift.tt/19idMpY

via IFTTT

Hedge Fund Boss Steps Up Fight With Vivendi

U.S. hedge fund P. Schoenfeld Asset Management is on a mission to rally support from other Vivendi shareholders in its fight with the French group to obtain a higher dividend.



from WSJ.com: US Business http://ift.tt/1Bp5NhL

via IFTTT

Europe's Fashion Retailers Under Pressure From Strengthening Dollar

Europe’s fast-fashion retailers will face growing pressure to raise prices or take a profit hit as the strengthening dollar drives up sourcing costs, the latest corporate fallout from recent dramatic currency moves.



from WSJ.com: US Business http://ift.tt/1Bp5MdF

via IFTTT

Fiat Chrysler CEO Disagrees With Plaintiff's Lawyer on Regulator Meeting

Sergio Marchionne sparred with a plaintiff’s lawyer in a deposition over the purpose of his meeting with top U.S. auto-safety regulators to discuss older-model Jeeps involved in fiery rear-end crashes.



from WSJ.com: US Business http://ift.tt/1GlSRjc

via IFTTT

U.S. Probes Lumber Liquidators

The U.S. Consumer Product Safety Commission said it is investigating Lumber Liquidators Holdings after the hardwood-flooring company was accused of selling unsafe laminate flooring.



from WSJ.com: US Business http://ift.tt/1Ngfzth

via IFTTT

Whiting Petroleum Silences Takeover Talk

Whiting Petroleum said it isn’t “pursuing any significant strategic transaction” and that it would issue more equity and take on more debt.



from WSJ.com: US Business http://ift.tt/1BoTqlN

via IFTTT

Personal Data Gets Day in Court

The European Union’s top court heard arguments in the biggest threat yet to a legal mechanism that allows companies to transfer European personal data to U.S.-based servers.



from WSJ.com: US Business http://ift.tt/1DTsAJv

via IFTTT

Salus Claims 'Materially Superior' Bid for RadioShack

RadioShack’s fate is still up in the air after leading lender joined forces with liquidators to launch a bidding war with Standard General, the hedge fund promising to save nearly half the business.



from WSJ.com: US Business http://ift.tt/1Ng56Oz

via IFTTT

EU Considers New Telecom Rules

The European Union is weighing an overhaul of its telecom rules that could give incumbent operators like Germany’s Deutsche Telekom an edge over upstart challengers like Iliad of France and messaging service WhatsApp Inc.



from WSJ.com: US Business http://ift.tt/1Ng56xW

via IFTTT

Jeremy Clarkson Dropped From 'Top Gear'

Jeremy Clarkson, the irascible British television presenter whose suspension as host of popular motoring show “Top Gear” led to street protests and mass petitions for his reinstatement, has been fired.



from WSJ.com: US Business http://ift.tt/1FUVVT2

via IFTTT

U.S. Steel to Idle Illinois Flat-Rolled Steel Plant

U.S. Steel Corp. said it will temporarily idle an Illinois plant as it consolidates its North American flat-rolled steel operations, reflecting weakened demand from the energy sector.



from WSJ.com: US Business http://ift.tt/1FUVSXf

via IFTTT

Apollo Education Hurt by Enrollment Decline

Apollo Education swung to a loss in the quarter ended in February as continued enrollment declines contributed to a bigger-than-expected revenue drop.



from WSJ.com: US Business http://ift.tt/1FUVSql

via IFTTT

Francesca's Gives Soft Outlook

Francesca’s Holdings gave a soft earnings outlook for its current quarter and full year as the retailer continues to struggle to turn around its business, although fourth-quarter results topped expectations.



from WSJ.com: US Business http://ift.tt/19PLCnB

via IFTTT

Smithfield Foods Profit Soars, Buoyed by Packaged Meats Sales

Smithfield Foods Inc. said its fourth-quarter earnings surged as the pork processor continued to benefit from strong demand for bacon and other packaged meats products.



from WSJ.com: US Business http://ift.tt/1COENO0

via IFTTT

Elaine Wynn Denies Accusations

Wynn Resorts’ co-founder, Elaine Wynn, denied the casino operator’s accusations of improper activity and sought shareholders’ support to retain her board seat.



from WSJ.com: US Business http://ift.tt/1xy7ONM

via IFTTT

Lands' End Profit Falls 28%

Lands’ End said its earnings fell 28% in the holiday quarter as the retailer’s results were hurt by a product recall and negative currency impacts.



from WSJ.com: US Business http://ift.tt/1xy7PkH

via IFTTT

Kraft Foods, H.J. Heinz to Merge

Kraft Foods and H.J. Heinz have agreed to merge in a deal that will create the fifth largest food and beverage company in the world.



from WSJ.com: US Business http://ift.tt/1y5B2y9

via IFTTT

Delhi Seeks Block on Uber, Ola Apps

Authorities in the Indian capital ask the federal government to block ride-hailing apps used by Uber and Ola, which they say are operating in violation of a ban on their businesses in Delhi.



from WSJ.com: US Business http://ift.tt/1CpmmiA

via IFTTT

Li Ka-shing's O2 Buyout Caps Europe Turnaround

Li Ka-shing struck his biggest overseas deal yet to buy British cellphone operator O2 from Telefónica, capping a reversal of fortune for the Hong Kong tycoon’s European telecommunications business.



from WSJ.com: US Business http://ift.tt/1CoVwHq

via IFTTT

Royal Caribbean To Bring 5th Ship To China Market

China is now Royal Caribbean’s third-largest market by revenue, a swift move up from No. 50 just five years ago, according to the head of the company’s international operations.



from WSJ.com: US Business http://ift.tt/1ERtpjA

via IFTTT

Supercell's Earnings Double

Supercell saw its earnings more than double in 2014 as the Finnish company posted a threefold rise in annual revenue from its popular Clash of Clans, Hay Day and Boom Beach mobile games.



from WSJ.com: US Business http://ift.tt/1Gc8LwA

via IFTTT

RadioShack Auction Continues

The RadioShack auction moves into a second day Tuesday in New York, as the company and its creditors debate the value of the bid from big lender Standard General LP.



from WSJ.com: US Business http://ift.tt/1EMCrhL

via IFTTT

Christie's Asking $140 Million for Picasso

Christie’s will try to make auction history this spring when it asks at least $140 million for Pablo Picasso’s “Women of Algiers (Version O),” the highest price tag ever placed on an artwork headed for auction.



from WSJ.com: US Business http://ift.tt/1EQRrvc

via IFTTT

U.S. Firms Bring More Foreign Profit Home

U.S. multinationals booked a ticket home last year for an estimated $300 billion in foreign profits—the most in nearly a decade—chipping away at an offshore hoard that has drawn scrutiny from regulators.



from WSJ.com: US Business http://ift.tt/1EDzQEy

via IFTTT

Big Gyms Shoot for CrossFit Vibe, Without CrossFit

Health clubs emulate the hard-core fitness program, whose adherents often deride health clubs.



from WSJ.com: US Business http://ift.tt/1CLePuM

via IFTTT

Wilson Lands Rights to Louisville Slugger

Baseball-glove maker Wilson Sporting Goods has acquired the rights to the iconic Louisville Slugger bat in a move to spur growth at the now-languishing brand.



from WSJ.com: US Business http://ift.tt/1HqzGmx

via IFTTT

U.S. Catfish Fight Deals a Blow to Import

A white flaky fish known as basa or swai, which recently overtook cod and crab to become the sixth most popular seafood in the U.S., could soon disappear from American dinner plates.



from WSJ.com: US Business http://ift.tt/1N1Dzlt

via IFTTT

NFL to Put One Game on Web TV Only

The NFL announced a grand experiment, saying it would put a mid-season football game on a national digital platform, not on national television—opening up an important new door for the sports-media industry.



from WSJ.com: US Business http://ift.tt/1OsfZA3

via IFTTT

Google Turns to Wall Street for New CFO

Its stock lagging and investors grumbling, Google reached out to Wall Street, hiring Morgan Stanley’s Ruth Porat as its new finance chief.



from WSJ.com: US Business http://ift.tt/19idMGB

via IFTTT

Jury Set to Hear Fiat CEO's Testimony In Wrongful Death Suit

A jury is set to hear Fiat Chrysler CEO Sergio Marchionne’s testimony in a lawsuit over a 4-year-old boy killed in a Jeep that caught fire, renewing scrutiny of fuel tanks in older sport-utility vehicles that regulators tied to 51 deaths.



from WSJ.com: US Business http://ift.tt/1CMiecO

via IFTTT

Auto Workers' Medical Benefits at Risk Under New Tax

Detroit’s negotiations this summer to reach a new four-year labor deal won’t just be an argument about wages. Generous health-care benefits for about 135,000 unionized factory workers are at risk of being cut.



from WSJ.com: US Business http://ift.tt/1CMiecM

via IFTTT

Amazon Says FAA Approval to Test Drones Already Obsolete

Amazon.com said the regulatory approval it received last week from the FAA to test-fly delivery drones in the U.S. was irrelevant as it was for aircraft the company is no longer testing.



from WSJ.com: US Business http://ift.tt/1CMibhk

via IFTTT

Wynn Counters Co-Founder's Campaign to Keep Board Seat

Casino operator Wynn Resorts accused co-founder Elaine Wynn of improper activity and sought to undercut her campaign to keep her board seat.



from WSJ.com: US Business http://ift.tt/19idMq3

via IFTTT

Versace Revenue and Profit Rise

Gianni Versace Spa’s 2014 revenue and profit rose by double-digits, as the Italian fashion firm is trying to reach a wider customer base in both emerging and mature markets.



from WSJ.com: US Business http://ift.tt/19idMpY

via IFTTT

Hedge Fund Boss Flies In for Vivendi Showdown

U.S. hedge fund P. Schoenfeld Asset Management is on a mission to rally support from other Vivendi shareholders in its fight with the French group to obtain a higher dividend.



from WSJ.com: US Business http://ift.tt/1Bp5NhL

via IFTTT

Europe's Fashion Retailers Under Pressure From Strengthening Dollar

Europe’s fast-fashion retailers will face growing pressure to raise prices or take a profit hit as the strengthening dollar drives up sourcing costs, the latest corporate fallout from recent, dramatic currency moves.



from WSJ.com: US Business http://ift.tt/1Bp5MdF

via IFTTT

Shipping Demolition Rates Surge

Ship demolition rates are sharply up this year, as a slowdown in commodity shipping has led owners to sell their vessels for scrap rather than operate them at a loss, brokers said.



from WSJ.com: US Business http://ift.tt/1Bp5JPg

via IFTTT

Sonus Networks Slashes Guidance

Sonus Networks slashed its guidance for its current quarter and said it would review its cost structure, sending shares to their lowest level in more than two years Tuesday morning.



from WSJ.com: US Business http://ift.tt/1NbuBAp

via IFTTT

Vivendi Urged to Bolster Cash Returns

A U.S. activist fund is raising pressure on Vivendi to boost shareholder returns and clarify its strategy, highlighting a malaise among minority shareholders over where Bolloré is driving the conglomerate.



from WSJ.com: US Business http://ift.tt/1xUGeom

via IFTTT

Total Looks to China to Fund Russian Bet

Total is seeking the equivalent of up to $15 billion in Chinese financing to fund its expansion in Russia as U.S. sanctions complicate the French oil giant’s big bet there.



from WSJ.com: US Business http://ift.tt/1B7A0CZ

via IFTTT

Tobacco Firms Fume at Rules, but Shares Light Up

A wave of “plain packaging” regulation threatening to sweep Europe is causing alarm at global tobacco companies, but investors seem far from worried.



from WSJ.com: US Business http://ift.tt/1G4hy3C

via IFTTT

Morgan Stanley CFO Leaves For Google

Morgan Stanley’s chief financial officer, Ruth Porat, will leave the Wall Street firm for the same role at technology giant Google Inc.



from WSJ.com: US Business http://ift.tt/1DTsxNM

via IFTTT

Court Hears Challenge to U.S.-EU Data Deal

The European Union’s top court heard arguments in the biggest threat yet to a legal mechanism that allows companies to transfer European personal data to U.S.-based servers.



from WSJ.com: US Business http://ift.tt/1DTsAJv

via IFTTT

Whiting Petroleum To Offer Shares At 22% Discount

Whiting Petroleum Corp. on Tuesday priced its offering of 35 million shares at $30 a piece, a 22% discount to its closing price Monday.



from WSJ.com: US Business http://ift.tt/1BoTqlN

via IFTTT

Merck's Keytruda Meets Study Goals as Advanced Melanoma Treatment

Merck said cancer drug Keytruda met its two primary endpoints in a phase III study as a first-line treatment for patients with advanced melanoma.



from WSJ.com: US Business http://ift.tt/1DTsykI

via IFTTT

Ross Stores to Split Stock in June

Ross Stores Inc. said Tuesday that it will split its stock later this year, a move the off-price retailer said reflects its recent strong performance and optimism for the future.



from WSJ.com: US Business http://ift.tt/1BoTqlL

via IFTTT

French Crash Deals Fresh Blow to Beleaguered Lufthansa

The crash of a Germanwings Airbus A320 in France is a fresh blow to its parent company, Deutsche Lufthansa, which has been grappling with labor unrest, rising competition and management changes over recent years.



from WSJ.com: US Business http://ift.tt/1DTsy4u

via IFTTT

McCormick Profit Falls on Strong Dollar

McCormick & Co. said its earnings fell 15%, as one-time charges and increasing pressure from a stronger U.S. dollar weighed on sales growth during the quarter ended February.



from WSJ.com: US Business http://ift.tt/1BoTnq4

via IFTTT

Bristol-Myers in Autoimmune Program Deal

Bristol-Myers reached a deal with Novo Nordisk for an exclusive license to the Denmark-based drugmaker’s autoimmune disease research program.



from WSJ.com: US Business http://ift.tt/1DTsy4k

via IFTTT

Saban Rides Australia Surfwear Wave

Saban Brands of the U.S. has bought Piping Hot Surfwear, its second acquisition of an Australian beachwear label this year.



from WSJ.com: US Business http://ift.tt/1BoTn9M

via IFTTT

Uber Ordered to Cease Delhi Operations

Indian authorities said Uber Technologies and its main Indian competitor, Ola, must cease operations in Delhi or their applications for radio-taxi licenses won’t move forward.



from WSJ.com: US Business http://ift.tt/1N4obF7

via IFTTT

Freeport-McMoRan Slashes Dividend

U.S. copper miner Freeport-McMoRan Inc. said Tuesday that it has slashed its quarterly dividend, citing lower commodity prices.



from WSJ.com: US Business http://ift.tt/1y0K6nS

via IFTTT

UPS Chief's Compensation Doubles

United Parcel Service said Chief Executive David P. Abney’s total compensation for 2014 more than doubled, including a base salary increase he received in September when he took the helm of the package-delivery giant.



from WSJ.com: US Business http://ift.tt/1EMCtq0

via IFTTT

Supercell's Earnings Double

Supercell saw its earnings more than double in 2014 as the Finnish company posted a threefold rise in annual revenue from its popular Clash of Clans, Hay Day and Boom Beach mobile games.



from WSJ.com: US Business http://ift.tt/1Gc8LwA

via IFTTT

RadioShack Auction Continues

The RadioShack auction moves into a second day Tuesday in New York, as the company and its creditors debate the value of the bid from big lender Standard General LP.



from WSJ.com: US Business http://ift.tt/1EMCrhL

via IFTTT