Tesla's Elon Musk Unveils Line of Battery Packs

Tesla Motors Chief Executive Elon Musk unveiled a line of home and industrial battery packs, as his electric car company tries to break into energy storage.

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Obama's Uphill Push for Free Trade

Chief economics commentator Greg Ip says critics of free-trade deals are missing the bigger-picture upside of improved protections for the services sector.

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Small Number of Drugs Drive Big Medicare Bill

Drugs for diseases such as cancer and multiple sclerosis account for more than a quarter of spending on prescriptions for America’s elderly and disabled, newly released data show.

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Port of Los Angeles Police Chief Indicted

The chief of police at the largest container port in the U.S. was indicted Thursday on corruption and tax charges stemming from an alleged revenue-sharing scheme.

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China Manufacturing Activity Holds Steady

An official gauge of China’s manufacturing sector held steady in expansionary territory in April. China’s official manufacturing Purchasing Managers Index stood at 50.1 in April, unchanged from March.

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New Push to Win Backing for Pacific Trade Bill

President Obama and GOP leaders intensify their push to win votes for a major Pacific trade bill after warnings sounded that support in the House may be lacking.

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Japan Inflation Rises for First Time in Nearly a Year

Prices rose in Japan for the first time since April 2014, offering hope of a rebound in price growth.

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Yahoo Works to Avoid Brain Drain

Yahoo CEO Marissa Mayer has spent more than $2.1 billion to acquire 52 startups during her tenure, in most cases to bring in new blood. But keeping entrepreneurs happy at a lumbering tech company isn’t always easy.

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Bright House Emerges as Player in Cable Drama

The collapse of Comcast’s bid to acquire Time Warner Cable has put an unlikely player at the center of the resulting takeover drama: Bright House Networks.

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FBI Probes Suspected Bribery in Russian Uranium Sales to U.S.

The U.S. is investigating whether senior Russian officials took bribes from contractors involved in handling uranium sold to the U.S.

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The Problem With Twitter Ads

Marketers love that Twitter reaches millions of people, but they aren’t convinced it’s the best place for their ad dollars, even with a new fee structure.

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Savannah's Train Problem: 24 Hours, 192 Horn Blasts

Railroads are facing a backlash from communities—not just against dangerous oil trains, but against the noise, delays and traffic jams caused by rail’s rapid expansion. Public pushback is forcing expensive improvements.

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In Labor vs. Capital, Workers Gain a Slight Edge

WSJ chief economics commentator Greg Ip explores signs that labor may finally be gaining ground on capital and breaking out of a stagnant-wage rut.

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What Makes the Apple Watch Tick

A research firm took apart the Apple Watch Sport and calculated the cost of parts and assembly at $83.70, or 24% of the retail price.

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LinkedIn Slashes Guidance; Shares Plunge

LinkedIn slashed its earnings guidance for the year, citing changes in foreign-exchange rates and advertising headwinds. Shares fell 20% after the news.

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Apple, IBM to Work With Japan Post to Serve Elderly

Japan Post Holdings has reached a deal that could put Apple Inc.’s hardware and IBM’s software in the hands of many elderly Japanese, the companies said on Thursday.

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GM Plans $5.4 Billion in U.S. Plant Investments

General Motors plans to create 650 jobs by investing $5.4 billion in U.S. factories over the next three years.

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France Wins Extra Clout at Renault

Renault shareholders rejected a board-backed resolution that would have blocked the French government from getting double-voting rights in the auto maker, handing the economy minister a victory.

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Avon Extends String of Lackluster Results

Avon Products Inc. reported another quarter of weak results, as sales fell sharply in North American and the strong dollar bit deeply into revenue around the world.

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Russia's Beloved Borscht Reveals Reality of Inflation

A retired Siberian journalist’s benchmark “Borscht Index” tracks the rising cost of the soup’s ingredients, making clear the everyday impact of the country’s severe inflation. “The borscht can’t lie,” he says.

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Exxon Posts Sharply Lower Results But Tops Estimates

Exxon Mobil, the biggest and richest U.S. oil company, posted a 46% drop in first-quarter profit, hurt by the sharp slump in oil prices, though results still topped expectations.

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Employment Costs Climb 0.7%

U.S. labor costs accelerated in early 2015, a sign that the labor market may be tightening and beginning to generate a long-awaited pickup in workers’ wages.

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U.S. Consumer Spending Rose 0.4% in March

U.S. consumer spending rose moderately in March, Americans remain somewhat cautious despite months of cheaper gasoline and rising confidence.

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U.S. Jobless Claims Fall to 15-Year Low

The number of Americans applying for first-time unemployment benefits tumbled last week to the lowest level in 15 years, a reading consistent with healthy job growth.

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Time Warner Cable Earnings Disappoint

The disappointing results come just a week after its $45 billion deal to be bought by Comcast fell apart.

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Shell Posts Sharp Revenue Decline

Royal Dutch Shell reported a 7% rise in first-quarter profit despite a steep fall in revenue, giving investors a glimpse of the impact weak oil prices are having on the business.

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Airbus Reports Higher Profit

Airbus reported a rise in first-quarter earnings bolstered by the sale of a stake in French combat jet maker Dassault Aviation, even as the underlying business began 2015 slowly.

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Wal-Mart to Go Slow in China

Wal-Mart is ratcheting down its ambitions in China, after years of watching its growth stymied by the challenge of quickly opening large numbers of stores across the country.

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Horse-Drawn Carriages Fetch Luxury-Car Prices

South Dakota man does a booming business in stagecoaches and wagons; Quentin Tarantino and Warren Buffett are customers.

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Europe Credit Squeeze Ending

Europe’s credit squeeze ended in March, ECB figures say, but a report suggests that concerns over Greece could dampen economic recovery.

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U.S. Ports See Costly Delays as Cargo Ships, Volumes Grow

The problem shows how the logistics of global trade have fallen out of sync, which could have profound implications for the $900 billion worth of goods transported each year.

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Anonymous App 'Secret' Shuts Down

After just 16 months and a fleeting stint as a popular app, the anonymous social-networking service Secret is shutting down.

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A Radical Idea: Own Your Supply Chain

Big furniture makers such as Ashley Furniture and La-Z-Boy buck the trend, operating their own transport fleet and making truck deliveries.

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Faulty Key Component Slows Apple Watch Rollout

A key component of the Apple Watch made by one of two suppliers was found to be defective, causing limited availability of the highly anticipated new product.

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Weight Watchers Founder Jean Nidetch Dies at 91

Jean Nidetch, a New York homemaker who tackled her own obesity and then shared her guiding principles in meetings known as Weight Watchers, died Wednesday.

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Mayweather vs. Pacquiao: Drama and Big Money

When Floyd Mayweather Jr. meets Manny Pacquiao Saturday, the fight could generate $400 million. Why this match-up is grabbing the public’s imagination—and wallets.

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China Readies Fresh Easing to Tackle Specter of Debt

China’s central bank is planning to launch a fresh credit-easing program, as Beijing’s flagship plan to restructure trillions of dollars of local-government debt hits snags.

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Time Warner Earnings Top Views

Time Warner reported better-than-expected profit and revenue growth, as March Madness helped drive audience growth.

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Yelp Reports Slower Growth of Average Monthly Unique Visitors

Yelp saw the number of visitors added to its site slow in the first quarter, underpinning the company’s struggles as it expands operations.

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Defense Contractors Keep Stock Repurchases Going

Two big Pentagon contractors on Wednesday pledged to continue their stock buyback programs, in part because there is nothing they want to buy.

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Iron-Ore Price War Hurts China's Miners

Chinese ore producers are falling victim to a strategy pursued by much larger foreign rivals that have relentlessly increased production despite prices halving since last year.

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Internet of Things Coming to a Truck Stop Near You

Saia-Intel truck-tracking project shows the growing relevance of the Internet of Things to supply chain and logistics.

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Student-Run Funds Look for the Next Facebook

With fierce competition for spotting early startup winners, some venture capitalists are developing new strategies to find promising young businesses, such as sponsoring student-run funds.

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Apple Says EC Investigation May Result in Back Tax Payments

Apple warned investors it may need to pay a “material” amount of back taxes to Ireland if an EC investigation finds the country’s tax policy toward companies like Apple constituted illegal state support.

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American Flight Delays Continue as App Glitch Fixed

Pilots at American Airlines are being told to delete and reload an app that provides navigational charts on their company-issued iPads after a software glitch led to flight delays.

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Seeing Growth Hit as 'Transitory,' Fed Keeps Rate Hike on Table

The Fed, seeking to look beyond a sharp slowdown in first-quarter gross domestic product, said it expects overall activity to rebound and left an increase in interest rates on the table.

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Fed Sees Slowdown as 'Transitory'

Fed officials attributed the economy’s sharp first-quarter slowdown to transitory factors, signaling an increase in short-term interest rates remains on the table although the timing has become more uncertain.

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Eurozone Gets Growth in Gear

WSJ’s Greg Ip shines a light on the growth strides being seen in the eurozone, but notes that a familiar wildcard, Greece, lurks in the shadows.

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Microsoft Reaches Out to Android, Apple App Developers

Microsoft is reaching out to software developers who have ignored Windows in a sign that the company is pulling out all the stops to keep its flagship product relevant.

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SEC Votes 3-2 to Propose Executive-Compensation Rules

A divided Securities and Exchange Commission floated new rules to require publicly traded companies to make it easier for shareholders to determine whether executive compensation is aligned with financial performance.

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GM's Plant Expansion Gets Green Light

General Motors’ plan to expand a Texas SUV factory was given the green light by local officials, paving the way for a $1.3 billion investment to boost supply of the some of the auto maker’s most profitable vehicles.

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Fiat Chrysler Swings to Profit

Fiat Chrysler swung to a profit as improved sales in Europe and North America and a stronger dollar overcame weakness in South America.

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Obama's Uphill Push for Free Trade

Capital Account: Chief economics commentator Greg Ip says critics of free-trade deals are missing the bigger-picture upside of improved protections for the services sector.

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Starwood Opens Door to Possible Sale

Starwood Hotels has hired an investment bank to help explore its strategic options, which include a possible sale of the hotel operator.

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U.S. Tech Firms Increase EU Lobbying Efforts

Google, Microsoft and others seek to influence legislation on issues ranging from data protection to copyright law.

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U.S. Pending Home Sales Index Rises

A forward-looking gauge of U.S. home purchases rose for the third straight month in March, a sign of firming demand in the housing market.

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U.S. GDP Expands at 0.2% Pace in First Quarter

The U.S. economy slowed sharply at the start of the year as businesses slashed investment, exports tumbled and consumers showed signs of caution, marking a return to the uneven growth that has been a hallmark of the nearly six-year economic expansion.

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A Diamond in the Mining Waste

World’s biggest diamond miner De Beers has a lucrative niche, wading through waste rock to squeeze the remaining diamonds out of a South African deposit that started the company in 1888.

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Vale, Chinese Shipbuilders in Talks Over 50 Giant Bulk Carriers

Vale, the world’s biggest iron producer, is in talks with Chinese shipbuilders and leasing companies to build around 50 giant bulk carriers to move iron ore from Brazil to China.

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Gazprom Profit Plunges $19 Billion

Russia’s gas giant OAO Gazprom said its 2014 net profit plunged by $19 billion on year due to weakness in the Russian currency and instability in Ukraine.

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Eni First-Quarter Profit Falls 46% But Beats Forecasts

Eni reported a steep drop in net income as the global plunge in crude prices cut into profitability at the Italian oil company’s main exploration and production unit, offsetting improvements at other divisions.

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Hermes Outperforms Luxury Rivals

French luxury company Hermès International posted robust growth in the first quarter, outperforming peers as the wider industry continues to see demand cool.

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Volkswagen Posts Rise in Profit

Volkswagen, Europe’s largest automotive group, reported a near 19% rise in first-quarter profit, boosted by favorable currency movements, improved returns across its range of car brands and a swing to profit at Spanish car maker SEAT.

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Hulu Strikes Deal for Reruns of 'Seinfeld'

Hulu has struck a deal for reruns of “Seinfeld.” The agreement, which is expected to be unveiled to advertisers Thursday at a presentation in New York, is one the biggest programming acquisitions in the online video site’s history.

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How Sony Makes Money Off Apple's iPhone

As it aims for a turnaround, the consumer-electronics giant is moving beyond its own gadgets, making image sensors for Apple and Samsung.

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Samsung Profit Falls on Slowing Smartphone Sales

Samsung Electronics Co. reported a 39% drop in net profit Wednesday, marking its fourth straight quarter of declines for the first three months of this year on slowing smartphone sales.

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Can You Build Palo Alto Culture in a Kentucky Insurance Company?

Humana knows that its financial health is tied to the well-being of its members. It wanted to develop mobile apps that would influence their behavior. First, it had to make some changes of its own.

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TV Fights Back Against the Web

In trying to sign up advertisers, TV networks are touting new audience-data tools that they say close the gap with the online players when it comes to targeted marketing.

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Oncor Sale Offers Possible Way Out for Former TXU

A year into one of the biggest bankruptcies ever, the former TXU Corp. is still floundering through a $42 billion restructuring.

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Vox CEO Speaks to Evolution of Content

Vox Media CEO Jim Bankoff, in a Boss Talk interview, predicts that strong brands will outlast “clickbait” as ad spending shifts online.

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Twitter Posts Disappointing Growth; Shares Plunge

Twitter gave downbeat sales guidance for the current quarter and year, as first-quarter revenue rose less than expected, sending it shares sharply lower.

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Major Drug Companies Report Solid Results

Three major U.S. drug companies reported solid first-quarter results despite a strong dollar, amid signs that their increasing investment in new cancer drugs will be a key driver of Big Pharma’s future growth.

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Offshore Drillers Brace for Cancellations

Offshore drillers are bracing for a wave of contract cancellations as energy companies try to cut their costs to cope with low oil prices.

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Regulator Nears Decision on Jeep Probe

U.S. auto-safety regulators will decide within the next two weeks whether to reopen a probe into older Jeep models involved in fiery rear-end crashes.

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NFL to End Tax-Exempt Status

The National Football League announced on Tuesday that it will end its decades-old tax-exempt status, which it said has become a “distraction.”

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Baltimore Riots: Social Media and the Crisis on My Doorstep

It’s easy to become jaded about the power of social media in a crisis like the Baltimore riots, but the real power of Twitter and Facebook is the context they can provide, writes columnist Christopher Mims.

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Jawbone Up3 Review: Smartwatches Send Fitness Bands Running

The Up3 was supposed to take fitness bands to a new level, but the high-priced hardware doesn’t live up to its promise, writes Joanna Stern.

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This Desk Makes You Stand Up for Your Health

The Stir Kinetic M1 connected standing desk nudges you when it’s time to stretch your legs.

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Cablevision to Offer Hulu to Its Customers

Cablevision reached a deal with streaming video site Hulu to offer the service’s catalog of on-demand shows and movies to its customers.

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UPS Reports Higher Earnings

United Parcel Service said earnings were boosted by growth in its domestic business.

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T-Mobile Boosts Subscriber Growth Outlook

T-Mobile US boosted its subscriber outlook for the year on Tuesday, as investments in customer growth pay off for the wireless carrier.

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Case-Shiller Home Price Index Climbs

Home prices continued to rise modestly in February, according to the Case-Shiller Home Price Index, a continued upward push in home values which underscores concerns that buyers’ incomes aren’t keeping pace.

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Pfizer Trims Outlook on Stronger Dollar

Drug maker trimmed its full-year outlook amid a stronger U.S. dollar but posted better-than-expected quarterly results.

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Merck Raises Earnings Outlook

Merck raised its earnings guidance for the year, despite the negative impact of the stronger dollar, as its first-quarter results declined less than expected.

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Ford Profit Down for Quarter

Ford Motor Co. reported net income was down 7% in the first quarter as profitability in North America and Asia was offset by losses in Europe and South America.

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Philips Profit Hit by Restructuring

Philips posted a 28% fall in profit, even as it recorded a rise in comparable sales for the first time in five quarters.

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Total Profit Hit by Weaker Oil Prices

French oil major Total reported a 20% fall in first-quarter net profit as its strongest production in a decade partially offset the impact of the collapse in oil prices.

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For Sale: Used Oilfield Machinery

Forests of idle drilling rigs, piles of pipe and ranks of empty trucks are a new and tangible sign of the financial trouble sweeping the oil patch.

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Tyson to Curb Antibiotics

The largest U.S.meatpacker plans to largely eliminate antibiotics used in human health from its chicken production.

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U.K. Economy Slows Ahead of Election

The U.K. economy slowed, casting a shadow over the government’s economic track record less than two weeks before a closely fought national election.

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China Readies Fresh Easing to Tackle Specter of Debt

China’s central bank is planning to launch a fresh credit-easing program, as Beijing’s flagship plan to restructure trillions of dollars of local-government debt hits snags.

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BP Profit Hurt by Lower Oil Prices

BP reported a fall in first-quarter profit from a year earlier, giving the first glimpse of how low oil prices through the beginning of 2015 affected the world’s biggest oil companies.

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Lackluster Avon Explores Makeover

Years of falling sales in the U.S. and a murky strategy cast doubt on the likelihood that Avon’s efforts are enough to revive the 129-year-old beauty empire.

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Tech Expansion Overruns Silicon Valley

Room to grow is evaporating in Silicon Valley as technology giants’ voracious appetites for expansion are running up against residents weary of clogged streets and cramped classrooms.

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U.S. Is Faulted for Risking Edge in R&D

With Asia emerging as the world’s powerhouse of R&D, the U.S. risks losing its position as a magnet for the world’s best academic researchers, according to a report published Monday by the Massachusetts Institute of Technology.

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Activist French Minister Riles Renault

How France’s economy minister outmaneuvered Renault’s Carlos Ghosn by striking an options deal with Deutsche Bank to temporarily buy shares in Renault, letting it double its power over the car maker.

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Small Lenders Object to Deals Over Breaches

Small banks and credit unions are banding together in a bid to recover hundreds of millions of dollars in losses incurred from high-profile data breaches at Target and Home Depot.

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Brazil's Slowdown Tests Fiat Chrysler's Global Aims

The Detroit Three auto makers accounted for half the cars sold in Brazil last year and no company has more at stake than Fiat Chrysler, the nation’s market leader by vehicles sold.

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In Battle Against Alzheimer's, This May Be Ground Zero

A drug trial in Colombia focuses on a family whose members are likely to carry a gene that can cause dementia as early as age 45.

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Apple Earnings Surge 33% on iPhone Sales

Apple posted a 33% increase in quarterly profit, boosted by surging iPhone sales and explosive growth in China. The company also boosted its dividend 11% and its share-repurchase program by $50 billion.

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Eurozone Gets Growth in Gear

WSJ’s Greg Ip shines a light on the growth strides being seen in the eurozone, but notes that a familiar wildcard, Greece, lurks in the shadows.

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Pratt & Whitney Rebuts F-35 Engine Criticism

Pratt & Whitney fired back at criticism from two government watchdogs about its flagship military jet engine, insisting reliability issues were under control.

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Time Warner Cable Reached Out to Cox to Discuss Deal

Time Warner Cable reached out to Cox Communications in recent days to discuss the possibility of a combination of the two cable companies, but Cox didn't show interest.

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Verizon: Dish Coordinated Bidding in Spectrum Auction Went Too Far

Verizon Communications says rival Dish Network’s coordinated bidding with two affiliated entities in an Federal Communications Commission spectrum auction went too far and may have violated the agency’s rules.

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ESPN Sues Verizon Over Unbundled TV Packages

ESPN sued Verizon, alleging the telecom’s new FiOS TV packages breach a contract covering distribution.

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Burger King, Tim Hortons Parent Posts Higher Systemwide Sales

Restaurant Brands, parent of Burger King and Tim Hortons, reported a sharp increase in system-wide sales, fueled partly by new products and continued expansion.

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ISS Backs Activist Trian Getting Two Board Seats at DuPont

Nelson Peltz scored a key recommendation in his fight to join the board of DuPont Co., as an influential proxy adviser backed his campaign to shake up the chemical giant.

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U.S., Japan Take On Hurdles to Pacific Trade Deal

The U.S. and Japan, nearing an accord designed to transform ties between the economic rivals and open the way for a trade pact among 12 Pacific nations, still face differences.

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Nepal Quake Economic Toll Expected to Be Massive

The economic impact of Nepal’s 7.8-magnitude earthquake is expected to be immense.

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Moscow's Airports Lose Travelers

Travel to and from Russia’s once-thriving Moscow airports is declining as fewer locals venture outside the country and foreign tourist and business visitors dry up.

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Nomad Hungry for More Food Deals

Nomad’s founders Martin E. Franklin and Noam Gottesman, backed by the surging strength of the U.S. dollar, want to climb to the top of the food chain. Nomad last week agreed to buy Iglo Foods for €2.6 billion ($2.81 billion)

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Fitch Downgrades Japan Over Fiscal Concerns

Fitch downgrades Japan’s credit rating, highlighting the challenges Prime Minister Shinzo Abe faces in trying to stoke growth and rein in public debt.

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Applied Materials, Tokyo Electron Scrap Merger Plan

Applied Materials and Tokyo Electron said that they will scrap plans to merge their operations, citing problems with the U.S. Justice Department.

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Capgemini Buys IGATE for $4 Billion

French computer services and technology company Capgemini will buy U.S. peer IGATE for $4 billion.

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Some in Europe Suggest 'Plan B' in Greek Crisis

The suggestion by some officials reflects the extent to which many of the eurozone’s decision makers no longer believe a deal on new bailout aid for Athens can be sealed before the old one expires.

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Drug Companies Jack Up Prices

Pharmaceutical companies such as Valeant are buying drugs that they see as undervalued, then raising the prices.

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Yahoo, Katie Couric Tweak the Recipe

Katie Couric’s new job at Yahoo is still a work in progress, but the website says it is harnessing social media to give her interviews mileage. As such, Ms. Couric will be one of the stars at Yahoo’s “NewFront” event for advertisers in New York on Monday.

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P&G Joins Movement to Cut Ad Costs

The world’s largest advertiser plans deep cuts in the number of ad agencies it works with in hopes of big savings on fees.

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Rules Weighed for Battery Cargo on Jets

International air-safety experts this week will consider proposals to restrict lithium batteries carried as cargo by commercial jets, a sign that momentum is building for a ban on some of the most common types of shipments.

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Abe Rails for Japanese Trains in U.S.

When Prime Minister Shinzo Abe visits the U.S., he will act as salesman-in-chief by marketing Japan’s high-speed rail system.

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Wal-Mart in Showdown With Texas Over Alcohol

Wal-Mart was slow to get into alcohol, but now it is fighting for the right to sell more of it. A prime target is Texas.

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Challenges Persist for VW as Piech Exits

Ferdinand Piech’s exit as chairman of Volkswagen resolves a battle that had distracted top management. But challenges and uncertainty aren't over for the automotive giant.

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BG Deal Is Big Bite for Shell

Shell argued for years that organic growth was a more cost-effective strategy than chasing huge acquisitions. It’s $70 billion deal for BG puts it in uncharted waters and will test its skills at integration.

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Strong iPhone Sales Power Apple's Encore

Apple on Monday reports quarterly results. The numbers won’t surpass the prior quarter, but analysts expect strong sales of the iPhone 6 and iPhone 6 Plus.

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Why Coding Is Your Child's Key to Unlocking Future

Keywords: Computer programing is a skill uniquely suited to training children how to solve problems and to express themselves, and many educators think it should be part of the basic curriculum, even for grade schoolers.

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China's Growth Is Mystery; Economists Weigh Clues

The official first-quarter GDP growth of 7% is overstated, experts agree, but pinning down the real number is a head-scratcher.

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Ten Years of Airbus's A380, but Demand Is Soft

Airbus on Monday celebrates the 10-year anniversary of the A380 superjumbo’s first flight. But the European plane maker has struggled to win sales for its flagship plane.

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United Spirits Feud Intensifies

A continuing battle between India’s United Spirits and its founder and chairman, Vijay Mallya, intensified as board members demanded he resign.

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Tesla Motors' Twitter Account Was Hacked

Tesla Motors Inc.’s official Twitter account was hacked on Saturday around 4:50 p.m. New York time by a person or people who identified themselves as the #ripprgang.

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Tullow Says Ghana Oil Project Can Move Ahead After Court Ruling

Tullow Oil PLC was handed positive news Saturday when an international tribunal ruled against suspending all petroleum operations in an offshore zone that is under dispute between Ghana and Ivory Coast.

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Volkswagen Chairman Piech Resigns

The powerful chairman of Volkswagen unexpectedly resigned, opening a new period of uncertainty for the automotive giant just weeks after he threw the company into a management crisis.

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Finance Ministers Contemplate 'Plan B' for Greece

Some eurozone finance ministers have acknowledged for the first time that they are considering plans on what to do if no deal on Greece’s future financing can be reached.

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In Praise of the Teen Summer Job

Summer work taught teens about life, labor and their place in the universe. That lesson seems lost today, writes Dave Shiflett.

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Comcast Failed to Sway FCC Chief

An 11th-hour lobbying push by Comcast’s chief executive was one last failure an expensive, 14-month drive to secure regulatory approval to merge the nation’s No. 1 and No. 2 cable and broadband Internet providers.

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BlackBerry Mulls Closing Sweden Operations

BlackBerry is considering closing its offices in Sweden, a move that would put up to 100 employees out of work.

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Cartoonist Scott McCloud's Tech Essentials

The author of “The Sculptor” on the utility of laptop tents, old iPads and travel mugs.

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PepsiCo to Replace Aspartame in Diet Pepsi in U.S.

PepsiCo Inc. it will remove aspartame from Diet Pepsi in the U.S. and replace it with sucralose, another artificial sweetener, in a bid to reverse plunging sales.

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Houghton Mifflin Buys Scholastic's Ed Tech Business

Houghton Mifflin Harcourt agreed to buy Scholastic’s educational technology business for $575 million in cash, addressing an activist investor’s call last year for the publisher and education content company to make better use of its balance sheet.

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Global Economic Dilemma: Too Much of Almost Everything

The global economy is awash in commodities, but also with capital and labor—a glut that presents several challenges as policy makers struggle to stoke demand.

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Comcast Kills Time Warner Cable Deal

Comcast and Time Warner Cable terminated their merger plans, as increasing pressure from regulators prompted the end of the $45.2 billion deal.

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Abercrombie & Fitch Dials Back Sex

Teen retailer Abercrombie & Fitch is putting an end to the beefcake, dialing back its sex tinged marketing and putting an end to hiring sales staff on “body type or physical attractiveness.”

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Escalating Bird-Flu Outbreak Takes Toll on Poultry Industry

Escalation of a U.S. bird-flu outbreak is elevating fears that the virus could linger, hobbling a poultry industry trying to identify its causes.

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Higher Prices Fail to Salvage Profits

American companies are struggling to offset the damage from a strong dollar without hurting their sales.

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Ferry Operators Eye Florida-to-Havana Service

At least five shipping companies have applied for special licenses from the U.S. State Department to relaunch overnight ferry services to Cuba from ports in Florida.

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Companies Cut Big-Ticket Purchases

American companies continue to curtail spending on big-ticket products such as equipment and machinery, the latest sign the U.S. economy got clobbered in the first quarter by troubles at home and abroad.

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Match Game: Companies Push Training to Close Skills Gap

Chevron Phillips Chemical is one of many companies around the country pushing programs to help close a skills gap that is weighing on the middle class and entrenching a growing income inequality.

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U.S. Jobless Claims Rise Slightly

The number of Americans seeking first-time unemployment benefits rose slightly last week, but remained consistent with an economy steadily adding jobs.

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German Business Sentiment Hits New High

Confidence among German companies improved to its highest level in nearly a year, extending a strong start to 2015 for Europe’s biggest economy.

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How to Tame the Apple Watch

Life doesn’t have to be reduced to a series of unnecessary disruptions on your wrist.

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Robots Step Into New Planting, Harvesting Roles

Advances in technology are making it possible for robots to handle harvesting and other tasks in the fresh-produce industry.

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Pret A Manger Plans to Tap the Accelerator on Growth

Pret A Manger, the British sandwich chain whose name is French for “ready to eat,” is looking to accelerate its growth. Its CEO sees opportunities in San Francisco.

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Amazon Swings to Loss Despite Jump in Sales

Amazon finally revealed financial details about its secretive cloud computing division, but it was otherwise business as usual for the e-commerce giant.

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Eurozone Gets Growth in Gear

WSJ’s Greg Ip shines a light on the growth strides being seen in the eurozone, but notes that a familiar wildcard, Greece, lurks in the shadows.

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Google Caps Costs as Growth Slows

Google took a hit from the strong dollar, but better expense control boosted first-quarter profit margins, lifting the company’s shares.

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American Airlines Earnings Nearly Double

American Airlines posted record first-quarter profit, but the largest U.S. airline by traffic warned that the strong dollar and a creeping imbalance between supply and demand are expected to drag down a key measure of revenue in the current quarter.

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Problems Found With Glaxo's Malaria Vaccine

GlaxoSmithKline’s malaria vaccine, the world’s most advanced, loses effectiveness over time, even with a booster shot, according to new clinical-trial results.

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Europe Looks to Tame Web's Economic Risks

The new body would oversee mainly U.S.-based search engines, online marketplaces and social networks.

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Workers' Comp Perils for Cirque Artists

Cirque du Soleil artists put themselves at risk to entertain but don’t get to keep their salaries if they suffer severe injuries.

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Target Site, Apps Overwhelmed by Demand for Lilly Pulitzer

Target’s website went down Sunday morning, overwhelmed by shoppers clamoring for the retailer’s latest design partnership with Lilly Pulitzer.

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Canon Ready to Snap Up Deal

Canon aims to spend another $3 billion to buy a company in a growth sector—possibly a firm in the area of disposable medical goods.

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Publicis Posts Sales Jump

Publicis reported a 32% jump in first-quarter sales, boosted by the strong dollar and its latest digital acquisition.

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Chip Designer ARM's Profit Rises 36%

Chip designer ARM reported a 36% rise in first-quarter net profit on strong demand for its technology in smartphones and tablets.

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SAP Profit Plunges 23%

German business-software provider SAP posted a net profit decline of 23% for the first quarter as it makes the transition to cloud technology.

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Indonesia Prohibition Threat Stalls Investment, Multi Bintang Says

The head of one of Indonesia’s biggest beer producers says that a ban on the sale of alcohol at minimarts could derail millions in allocated investments.

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China Resources Sells Assets to Brew Success for Snow Beer

China Resources Enterprise says it is slimming down its holdings so it can focus on its top-selling beer brand.

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Comcast Strives to Save Merger

Comcast and Time Warner Cable are set to meet with the Justice Department to discuss potential remedies in a bid to save their planned deal.

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New Data Plans Challenge Wireless Carriers

U.S. wireless carriers in the middle of a price war have been able to take refuge in one fact: Subscribers are often paying for more data than they use. Now that bulwark is under attack as well.

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Behind Ginni Rometty's Plan to Reboot IBM

Spending time with IBM CEO Ginni Rometty shows how she is trying to reinvent the nearly 104-year-old tech icon while it continues a yearslong slump. Her task is unlike that of past CEOs, who remade IBM by shifting toward new markets it could quickly dominate. Ms. Rometty is turning IBM into a company that also competes where it isn’t in a position of strength.

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Twitter's Noto Paid $73 Million in 2014

Anthony Noto, the former banker who left his lucrative career at Goldman Sachs to become financial chief at Twitter Inc., was the top earner at the social media company last year.

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Utilities' Profit Recipe: Spend More

U.S. power companies poured billions into new equipment in the past decade, a spending surge that customers have paid for. One reason behind the heavy spending: It actually boosts utilities’ bottom lines.

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Bird Flu Hits Iowa Farm With 5.3 Million Chickens

An Iowa chicken flock has been hit with avian influenza, the U.S. Department of Agriculture said Monday, marking the biggest poultry operation to be affected by a virus outbreak that began late last year.

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Wall Street Journal Wins Pulitzer

The Wall Street Journal won a Pulitzer Prize for investigative reporting for its coverage of abuses in the Medicare system.

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Ecuadoreans' Suit Against Chevron Might Need a U.S. Retrial, Judge Suggests

A long-running legal fight between Chevron Corp. and residents in Ecuador over Texaco’s alleged pollution may need yet another round in court, a U.S. appeals judge suggested on Monday.

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France's Move to Gain Clout at Renault Roils Key Alliance

The French government’s bid to expand its voting control at Renault is roiling the delicate balance of power in the car maker’s partnership with Nissan Motor, one of the auto-industry’s most successful cross-border alliances.

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IBM Reports Revenue Decline

IBM reported a 12% decrease in revenue—the company’s 12th straight quarter of year-over-year declines—hurt by the stronger U.S. dollar and weakness in its hardware business.

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Teva Settles Suit Over Cephalon's Provigil

Teva Pharmaceuticals said Monday it agreed to pay $512 million to settle a class-action lawsuit alleging that Cephalon, which was later bought by Teva, delayed the availability of the generic version of the sleep-disorder drug Provigil.

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GE in Talks to Sell U.S. Commercial Lending Business

General Electric is in talks to sell its biggest lending operation, a $74 billion unit that makes loans to midsize U.S. businesses.

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L'Oréal Sales Bolstered by Weak Euro

French cosmetics giant L’Oréal SA posted a strong rise in first-quarter sales, buoyed by a “very positive currency impact” following the recent slide in euro against the dollar.

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Legacy Oil Forms Committee to Engage with Activist Shareholder

Legacy Oil + Gas Inc. said Monday that its board has formed a special committee to engage with an activist investor seeking to shake up the Calgary-based company’s board.

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The Man Who Hacks Your Employees

Chris Hadnagy’s job is to make sure employees don’t fall prey to a hacker’s tricks. We asked him how he does that.

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How to Get People to Change Their Passwords

A marketing professor suggests how companies can make her and other consumers more cooperative when it comes to protecting themselves online.

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Nomad Holdings Buys Birds Eye, Findus Owner

Nomad Holdings said it is buying Iglo Foods Holdings Ltd., owner of the Birds Eye and Findus frozen food brands, for €2.6 billion from a company backed by Permira funds.

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Cirque du Soleil Being Sold to Private-Equity Group

Cirque du Soleil’s founder has agreed to sell his controlling stake in the Canadian circus company to an investor group led by U.S. private-equity firm TPG.

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Toshiba Looks to Get Around Hydrogen's Dirty CO2 Secret

Toshiba plans to roll out a transportable hydrogen power generator later this year that doesn’t produce carbon dioxide in the process.

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St. Jude Exercises Option to Acquire Spinal Modulation

St. Jude Medical said it will exercise its exclusive option to acquire Spinal Modulation for at least $175 million, gaining the company’s Axium neurostimulator technology.

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EU to File Gazprom Antitrust Charges

The European Union’s competition regulator plans to file formal antitrust charges against Russia’s state-owned gas company.

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Auto Makers Try Alternate Routes in China

Some global companies are cutting prices and ramping up incentives in China as slowing economic growth and intense competition take some shine off the world’s largest car market.

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Bristol-Myers Drug Combination Shows Promise

A combination of Bristol-Myers’s Opdivo and Yervoy was significantly more effective in stifling tumors in melanoma patients in a study than using just one of the treatments alone.

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Halliburton Hurt by Lower Oil Prices

Halliburton reported a loss in the first quarter as the oil-field services provider continues to feel the impact from lower oil prices.

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Frederick's of Hollywood Files for Bankruptcy Protection

Frederick’s of Hollywood filed for bankruptcy protection Sunday with a $22.5 million offer in hand from Authentic Brands Group, LLC.

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Malakoff Adds Spark to Malaysia IPO Scene

Investors are piling into the $754 million initial public offering of Malaysian power producer Malakoff, with the float already more than four-times oversubscribed.

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KPN Sells Belgian Mobile Unit for $1.4 Billion

KPN is selling BASE to Telenet for $1.42 billion, allowing the Dutch telecom firm to focus on its integrated access strategy in the Netherlands.

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Moore's Law Hits Some Painful Limits

The 50-year-old theorem about computing power is reaching limits amid the many new steps needed to turn silicon wafers into the latest computer chips.



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Major Airlines Score Higher With Passengers

Major U.S. airlines slightly improved their passenger-satisfaction scores this year, coming in with the best aggregate results in more than two decades, according to a customer-satisfaction poll to be released Monday.



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Raytheon to Plow $1.7 Billion Into New Cyber Venture

Raytheon is betting it can leverage the cybersecurity skills it honed for the U.S. military and intelligence agencies to sell to banks and retailers, investing almost $1.7 billion to establish a stand-alone cyber business.



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BMW Sticks to China Growth Plans

The German luxury car maker is sticking to its plans to expand capacity in China and plans to produce three additional models in the country.



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Aston Martin Supercars to Get Chinese Touch

Aston Martin, the car brand most associated with James Bond, is turning to China to soup up its supercars



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ESPN Objects to New Verizon TV Packages

ESPN is raising objections to Verizon FiOS’s plans to break up the traditional TV bundle.



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Quicken Loans Sues DOJ, HUD

Long on the attack in mortgage-fraud cases, the U.S. government now finds itself the defendant in a lawsuit brought by one of the country’s largest consumer lenders, Quicken Loans Inc.



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Coke Acquires Chinese Drinks Business

Coca-Cola has agreed to buy a Chinese drinks business that makes ‘multigrain beverages’ with flavors such as red bean, walnut and oats.



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Rig Safety, Five Years After Gulf Spill

Five years after the Deepwater Horizon oil spill, regulators have beefed up supervision, and BP and other companies have overhauled practices, but questions remain about whether steps are enough to ensure such a disaster doesn’t recur.



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Chevron, Donziger to Face Off

Chevron will go head-to-head in an appeals court Monday with the lawyer who has tried for years to get the oil giant to pay a $9.5 billion environmental-damage award.



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Shifting Tides Stand to Lift Thyssen's Ship Unit

Shifting political winds and Germany’s aging naval equipment could benefit the shipbuilding arm of Germany’s ThyssenKrupp, which has largely escaped the pressures that have hurt other German defense companies.



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Noble Group Shareholders Challenge Management

Noble Group shareholders questioned the company’s management on accounting at its annual general meeting, while there was sizable opposition to some of its pay policies.



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Oil Drillers Plot Survival Plan

The Week Ahead: American oil drillers, battered and bruised by the steep drop in crude prices, are descending on Houston this week to plan their survival.



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Foreign Companies at Risk From Proposed Chinese Law

Major foreign companies and several Chinese Internet companies with U.S. stock-exchange listings are using a corporate structure in China in a way that may be rendered illegal under a proposed law.



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Sharp Nears Another Bailout

The company aims to cut 5,000 jobs, trim troubled solar-panel and TV operations and sell its headquarters, while banks write off about $1.68 billion in loans in exchange for shares.



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Prologis to Buy KTR For $5.9 Billion

Prologis, a big owner of warehouses and retail-distribution centers, has agreed to buy industrial-property owner KTR Capital Partners for $5.9 billion, in one of the largest real-estate deals so far this year.



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Verizon Breaks Pay-TV Bundle

Verizon said its FiOS service will allow customers to choose only certain groups of channels they want to watch.



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GM China Venture to Develop New Products

A General Motors’ joint venture in China said it plans to spend 100 billion yuan, or $16 billion, in new-car development in the 2016 to 2020 period to cater to Chinese tastes.



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VW Shareholders Seek to Calm Feud

Key Volkswagen shareholders sought to cool down the debate about the company’s supervisory board and chief executive after a spat over its leadership unsettled Europe’s largest car maker.



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Target Site, Apps Overwhelmed by Demand for Lilly Pulitzer

Target’s website went down Sunday morning, overwhelmed by shoppers clamoring for the retailer’s latest design partnership with Lilly Pulitzer.



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Netflix Gets Star Treatment Abroad

Broadband companies around the world, unlike their U.S. counterparts, have rolled out the red carpet for Netflix.



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Merck Drug Shows Improved Odds for Melanoma Patients

Merck’s new cancer drug Keytruda improved the survival odds of patients with the skin cancer melanoma compared with Bristol-Myers Squibb’s Yervoy, in the first head-to-head study of a new wave of drugs that harness the body’s immune system to destroy tumors



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Peugeot, Dongfeng Announce Small-Car Platform

French car maker PSA Peugeot Citroën and its Chinese partner Dongfeng Group said they would invest $216.1 million to develop a new platform for both companies’ next generation of small cars.



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Comcast, Time Warner Cable to Meet With DOJ Over Merger

Comcast and Time Warner Cable are preparing to meet with officials from the Department of Justice to address concerns that the merger of the two cable giants will hurt competition, sources say.



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BMW Recalls 91,800 Minis for Air-Bag Fix

German auto maker BMW says it is recalling 91,800 Mini Coopers to fix a defect that may prevent the air bag on the front passenger side of the cars from deploying in a crash.



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Ford Unveils New Taurus for China

Ford Motor on Saturday unveiled a new Taurus sedan aimed at affluent Chinese customers, in its latest effort to stand out in a slowing and increasingly competitive market.



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Shopping Mall Developer Taubman Dies at 91

A. Alfred Taubman, the self-made billionaire who cemented the enclosed shopping mall into American culture has died. He was 91.



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China's Gray Market Worries Auto Makers

China is encouraging gray-market luxury-car sales, posing a challenge for Audi, BMW, Mercedes-Benz and others trying to hold on to profit margins considered some of the best in the world.



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PwC to Pay $65 Million to Settle Lawsuit Over MF Global

PricewaterhouseCoopers agreed to pay $65 million to settle litigation over MF Global Holdings, which claimed PwC failed to properly audit the brokerage firm’s internal controls before it collapsed into bankruptcy in 2011.



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Costco Raises Dividend, Reauthorizes Repurchase Program

Costco Wholesale that it is raising its quarterly dividend 13% and reauthorizing a $4 billion repurchase program, moves that follow what some analysts called one of its strongest quarters ever.



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Patriot Coal Seeks Help From Restructuring Advisers

Patriot Coal Corp., which emerged from Chapter 11 bankruptcy protection less than two years ago, is working with restructuring advisers to address its capital structure.



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GE's Quarterly Results Highlight Industrial's Strength, Weakness

General Electric’s first-quarter earnings report showed that CEO Jeff Immelt’s strategy to exit banking and refocus on its industrial operations won’t be all smooth sailing.



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Alibaba Fined for Pricing Issues

The Chinese government has fined Alibaba Group for pricing issues with products sold on its online marketplaces dating to Singles’ Day in 2013.



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Mexico's Energy Overhaul Draws Geological-Data Firms

The opening of Mexico’s energy sector to private and foreign companies is drawing dozens of geological-data firms that plan to search for undiscovered oil riches.



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Bribery Charges Dropped Against Former News of the World Editor

U.K. prosecutors dropped bribery charges against former News of the World editor Andy Coulson and eight others, a decision that effectively leaves in tatters a high-profile investigation of alleged illicit practices at British tabloids.



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Simply Fashion Files for Bankruptcy

Women’s clothing chain Simply Fashion Stores Ltd. sought bankruptcy protection with plans to liquidate, the latest in a long line of women’s retailers to fall on hard times in the past year.



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Frederick's of Hollywood Preparing Bankruptcy Filing

Frederick’s of Hollywood is preparing to file for bankruptcy as soon as Sunday, according to people familiar with the matter, after shutting down all of its stores and signaling plans to become an online-only retailer.



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Teva Considering Bid for Mylan

Teva Pharmaceutical is considering a takeover bid for drug maker Mylan, a sign of the jockeying for dominance among generic drug makers.



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Schlumberger Cuts 11,000 More Jobs

Schlumberger reported a 39% decline in first-quarter earnings and announced 11,000 more layoffs, as lower oil prices has slowed drilling activity in North America.



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Key Volkswagen Directors Back CEO

Key members of Volkswagen’s supervisory board endorsed Chief Executive Martin Winterkorn and urged his employment contract be extended, a day after they met with him and Chairman Ferdinand Piech to quell friction between the two.



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FCC Frees Up Spectrum for Low-Cost Wireless Hubs

The Federal Communications Commission approved a plan Friday to unlock a large swath of airwaves that could be used to set up cheap, new wireless networks.



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Regulators Act on Oil Trains' Safety

U.S. regulators are urging railroads to change the way they deal with wheel defects, saying the problem may have caused a fiery oil-train derailment in Illinois last month.



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Ford to Develop Carbon-Fiber Material

Ford Motor is entering into a joint venture with carbon-fiber manufacturer DowAksa, a move aimed at more widely using the costly material to reduce the weight of vehicles that need to meet tougher emissions standards.



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Ford to Expand Manufacturing in Mexico

Ford Motor Co. said Friday it will spend $2.5 billion to expand its manufacturing presence in Mexico, the latest in a wave of auto investments flowing to the U.S.’s neighbor to the south.



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Shell Treasurer to Leave Company

Royal Dutch Shell PLC’s treasurer, Andy Longden, is leaving the company at the end of June, a Shell spokesman said.



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U.S. Oil Rig Count Falls to 734 in Latest Week

The U.S. oil-rig count fell by 26 to 734 in the latest week, according to Baker Hughes, slowing from the previous week’s decline.



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Nuclear Power Goes Begging

Electricity producers in several U.S. states are asking for hundreds of millions of dollars in support to keep nuclear power plants in business—most likely at the expense of consumers.



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Pension Funds to Vote Against Barrick Board

Three of the world’s largest pension funds are set to vote against the re-election of Barrick Gold’s board, complaining of poor performance and overpay.



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Moore's Law Runs Out of Gas

The 50-year-old theorem about computing power is reaching limits amid the many new steps needed to turn silicon wafers into the latest computer chips.



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Machinists Union Cancels April 22 Boeing South Carolina Vote

Boeing Co.’s largest union canceled a planned April 22 unionization vote at the company’s South Carolina facilities, according to a union official.



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Apple Pay Plans to Launch in Canada

Apple Inc. is planning to launch its mobile payments service in Canada this fall, marking the start of its international expansion of Apple Pay, according to people familiar with the matter.



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Airbus Warns Against Reducing Pilot's Role

The chief of Airbus’s jetliner division, Fabrice Brégier, cautioned against downgrading the role of pilots in flying airliners in the wake of the Germanwings plane crash.



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China's SAIC Banking on SUVs

SAIC Motor, China’s largest auto maker by sales, is banking on sport-utility vehicles to help revive the flagging fortunes of its own brand.



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Seagate Cites Weak Economy for 26% Drop in Earnings

Data storage company Seagate Technology said its earnings fell 26% in the March quarter, citing poor economic conditions.



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Honeywell Raises Bottom End of Earnings Target

Honeywell raised the bottom end of its full-year earnings outlook on Friday, but cut its revenue outlook as it maintains its cautious outlook on the global economy.



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Reynolds American Revenue Rises on Higher Pricing

Reynolds American’s revenue grew 6.3% in the March quarter on higher pricing that offset declining volumes.



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China Targets Water Polluters

China plans to shut down numerous small-scale enterprises in nearly a dozen industries, including dyeing plants, oil refineries and pesticide producers.



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Coke Acquires Chinese Drinks Business

Coca-Cola has agreed to buy a Chinese drinks business that makes ‘multigrain beverages’ with flavors such as red bean, walnut and oats.



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Western Executives Eye Iran's Oil At Vienna Summit

An energy conference this week connected officials from international oil companies like Chevron Corp. with Iranian energy officials.



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Vivendi's Bolloré Gets Double Voting Rights

Vivendi chairman and its largest shareholder, Vincent Bolloré, scored himself double voting rights at the French media group’s shareholder meeting.



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Noble Group Shareholders Challenge Management

Noble Group shareholders questioned the company’s management on accounting at its annual general meeting, while there was sizable opposition to some of its pay policies.



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Sasol Evacuates South African Workers From Mozambique

Sasol is evacuating 340 South African employees at its Mozambique operations to their home country, on concerns they may be attacked in retribution for violence against foreign workers in South Africa



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Canada's Magna to Sell Interiors Operations

Magna International said it agreed to sell its interiors operations to Spain’s Grupo Antolin for about $525 million, as the Canadian auto-parts giant narrows its vast lineup.



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Sharp Nears Another Bailout

The company aims to cut 5,000 jobs, trim troubled solar-panel and TV operations and sell its headquarters, while banks write off about $1.68 billion in loans in exchange for shares.



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Nestlé Hit by Weak Demand

Nestlé reported a lower-than-expected 0.5% increase in sales during the first three months of 2015 as the Swiss food giant continues to battle subdued consumer sentiment.



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Yahoo Angles for Bigger Role in Web Search

Yahoo amended the terms of its search partnership with Microsoft to give it more control over how search results are presented on both desktop computers and mobile devices.



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Verizon Breaks Pay-TV Bundle

Verizon Communications said its FiOS service will offer new TV packages aimed at giving customers flexibility to purchase only certain groups of channels they want to watch.



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UnitedHealth Raises Full-Year Guidance

UnitedHealth Group raised its full-year guidance due to a stronger-than-expected 13% revenue increase in the latest quarter, as it continued to benefit from customer growth.



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Low Prices Cool Boom in U.S. Oil Production

Crude production remains strong, but the U.S. may be at, or near, an oil-output peak.



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Cirque du Soleil Nears Sale

Cirque du Soleil’s founder is nearing a deal to sell most of his stake to a private-equity consortium led by TPG in deal that would value the circus company at around $1.5 billion.



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Netflix Gets Star Treatment From Broadband Providers Abroad

Broadband companies around the world, unlike their U.S. counterparts, have rolled out the red carpet for Netflix, weaving its app into their set-top boxes and bundling its subscriptions with their service plans.



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Sneakers Shift to Sporty From Sport

The fastest-selling running shoes aren’t those made for actual runners, but rather for people who just like the look. It’s all part of the ‘athleisure’ trend.



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Google Case Spotlights Decline of Shopping Sites

The biggest antitrust battle in a decade centers on comparison-shopping websites like Nextag, BizRate and LeGuide, which have been crushed by the rise of new ways of finding goods and services online.



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Renault Board Supports Resolution Calling for One Share, One Vote

The board of French car maker Renault SA on Thursday instructed Chief Executive Carlos Ghosn to preserve its existing one-share-one-vote governance at the coming annual general meeting.



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Calloway REIT to Buy SmartCentres

Calloway Real Estate Investment Trust on Thursday said it would acquire the SmartCentres retail platform from Canadian real-estate developer Mitchell Goldhar.



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An Apple Manager's Headquarters for High Jinks

A creative director crafts a San Francisco home dedicated to daring, whimsy and fun.



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Video Streaming Geo-Blocking Gets Workaround

Companies like UnoTelly and Unblockus have found a niche business opportunity by making it simple to watch shows like “House of Cards” from abroad.



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Beer Sales Canned at Indonesian Minimarts

A prohibition on convenience stores selling beer in Indonesia threatens to slash revenue for drinks makers and highlights a collision of Islamic groups and business interests.



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Chinese Tech Center Denies Allegations Over Supercomputer

A Chinese state-run technology center denied U.S. allegations that it uses the world’s fastest supercomputer to conduct nuclear explosive activities and said Washington’s new export limits would accelerate China’s shift to domestic chip production.



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Nestlé Continues to Slim

Nestlé needs to continue shedding its fringe businesses and capitalize on its size to cope with the wave of megamergers that is reshaping the food industry, Chairman Peter Brabeck-Letmathe said.



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Party City Shares Rise 21%

Shares of Party City, a retailer for party supplies, opened at $20.50 in their market debut Thursday, 21% above their initial public offering price.



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Grupo OAS Seeks Protection of U.S. Court

Brazilian conglomerate Grupo OAS asked a U.S. bankruptcy judge to help protect its assets from bondholders attempting to interfere with its restructuring efforts abroad.



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Canada's Magna to Sell Interiors Operations

Canadian car-parts giant Magna International Inc. said Thursday it had agreed to sell its interiors operations to Spain’s Grupo Antolin for about $525 million, as Magna sharpens its focus on certain vehicle areas.



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W.W. Grainger Cuts Outlook, Again

W.W. Grainger Inc. again cut its outlook for the year on Thursday, citing negative effects from the strong U.S. dollar and weakness in the North American oil-and-gas sector.



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Alliance Data Boosts Full-Year Outlook

Alliance Data Systems boosted its earnings outlook for the year despite forecasting a hit from foreign exchange, which the company plans to offset through share buybacks.



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Yahoo, Microsoft Amend Search Agreement

Yahoo and Microsoft have updated their search partnership to allow more flexibility in how the results are presented and how the advertising teams are managed.



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Targacept: Gastric Drug Didn't Meet Goals

Targacept said that its clinical treatment for diabetic gastroparesis failed to meet its primary endpoint in an exploratory study.



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PPG Results Hit by Forex

PPG Industries reported lower first-quarter results and unveiled a restructuring program aimed at reducing its workforce and capacity. The company also raised its dividend and approved a 2-for-1 stock split.



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Norwegian Air's Planning Hit by Delayed U.S. Traffic Rights

Norwegian Air Shuttle is growing anxious its growth plans are being crimped by persistent delays in its application for enhanced U.S. market access.



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Toyota Unveils Expansion Plan

Toyota will put a high priority on growth in the U.S. and take a more measured approach in China.



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Sherwin-Williams Gives Rosy Outlook

Sherwin-Williams on Thursday offered a rosy forecast for the current quarter, despite reporting sluggish revenue growth in its latest quarter amid the impact of foreign-currency translation.



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KeyCorp Revenue Rises on Higher Average Loans

Cleveland-based KeyCorp, one of the country’s largest regional banking companies, said its profit edged down in the first quarter as its revenue grew slightly and average total loans increased by 5.1%.



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EU Hits Google With Antitrust Charges

European Union regulators formally accused Google of violating the bloc’s antitrust laws by abusing its dominance of online search.



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Norwegian Air's Planning Hit by Delayed U.S. Traffic Rights

Norwegian Air Shuttle is growing anxious its growth plans are being crimped by persistent delays in its application for enhanced U.S. market access.



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Fortescue Says it Can Withstand Slump in Prices

Fortescue Metals Group sought to reassure investors it can survive the sharp downturn in the global iron-ore market, as two influential analysts questioned the company’s ability to withstand the slump.



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British Airways Parent IAG Quits European Airline Trade Group

British Airways parent International Consolidated Airlines Group SA has pulled out of a major European airline trade body as the battle over how to deal with Middle East growth carriers escalates.



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UnitedHealth Raises Full-Year Guidance

UnitedHealth Group Inc. raised its full-year guidance due to a stronger-than-expected 13% revenue increase in the latest quarter, as it continued to benefit from customer growth.



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Beer Sales Canned at Indonesian Minimarts

A prohibition on convenience stores selling beer in Indonesia threatens to slash revenues for drinks makers and highlights a collision of Islamic groups and business interests.



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Volkswagen Directors to Meet Over Leadership Spat

Several members of Volkswagen’s supervisory board plan to meet Thursday to discuss how to resolve the spat over the leadership of Europe’s largest car maker.



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Emirates to Pick Roll-Royce Engines for New A380s

Emirates Airline is poised to pick Rolls-Royce Holdings to power the airline’s latest batch of Airbus Group NV A380 superjumbos, according to people familiar with the matter.



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Unilever Sales Lifted by Currencies

Unilever said favorable currency movements and a shift into more premium products helped it post a big rise in first-quarter sales.



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EU March New-Car Registrations Rise Sharply

Demand for new cars in Europe increased 11% in March, marking the highest monthly growth since the same period last year, thanks to double-digit growth in countries particularly hurt by the economic crisis, such as Spain, Portugal, Ireland and Italy.



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TSMC's Profit Jumps as Apple Deal Bears Fruit

Taiwan’s TSMC reported a 65% jump in its first-quarter net profit, propelled by strong demand for Apple devices.



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Temasek's Ho Says She's 'Well' After Leave Announcement

Ho Ching, chief executive of Temasek Holdings Pte. Ltd., sought to address any concerns about her health following a statement by the Singapore state investment firm that she was taking a three-month leave of absence.



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Ola's Valuation Zooms to $2.5 Billion

Indian cab-hailing service provider Ola has raised $400 million in a deal that values the company at $2.5 billion.



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Lufax Valued at Nearly $10 Billion

Chinese peer-to-peer lender Lufax recently completed a funding round that values the company at nearly $10 billion, according to people familiar with the matter.



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Nestlé to Sell Frozen Food Unit

Nestlé is negotiating the sale of its Davigel frozen food unit in an effort to slim its sprawling portfolio of businesses.



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Segway Transitions to Chinese Ownership

Segway, the two-wheeled vehicle that was launched in 2001 to great fanfare but became the butt of more than a few jokes, has been purchased by a Chinese company.



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China Dealers Press BMW for Support

A group of Chinese auto dealers warned BMW that they would likely miss the company’s sales targets without another round of price incentives.



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Temasek CEO to Take Leave

Ho Ching, chief executive of state-investment firm Temasek Holdings and wife of Singapore’s prime minister, is taking a three-month leave of absence.



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Burberry Sales Climb 9%

Burberry reported a strong rise in same-store sales, helped by its core British-made heritage trench coats and scarves.



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Former Wal-Mart CEO Joins Carlyle Group

Carlyle Group has enlisted former Wal-Mart Stores CEO Mike Duke to help the private-equity firm find and vet deals and steer the companies it owns.



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Nokia Agrees to Buy Alcatel-Lucent

Nokia sealed an agreement to buy rival telecom-equipment firm Alcatel-Lucent in a deal that values the French company at $16.6 billion.



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Danone Builds Sales Momentum

French dairy maker Danone said first-quarter sales rose 8.1% in a sign the maker of Activia yogurt is on its way back to stronger growth despite difficult economic conditions.



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U.S. West Coast Sardine Season Halted to Stave Off Overfishing

Federal regulators on Wednesday approved an early closure of commercial sardine fishing off Oregon, Washington and California to prevent overfishing.



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Relationship Science Names Jon Robson CEO

Relationship Science, a professional-networking startup, hired a new chief executive and raised a new funding round as it retools in search of faster growth.



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Starwood Is Launching Affiliated Hotel Group

In its biggest initiative since its chief executive left in February, Starwood Hotels is launching an affiliated hotel group, its first new brand in nine years.



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As Layoffs Mount, Oil Field Workers Feel Brunt

As layoffs in the energy industry hit 100,000 amid a drop in crude-oil prices, the roughnecks have been hit the hardest. “The closer your job is to the actual oil well, the more in jeopardy you are of losing that job,” an oil and gas recruiter said.



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Mail Delivery Via Drone or Humvee?

More than a dozen companies, including some of the nation’s biggest auto makers, those making military Humvees and luxury sport-utility vehicles, are vying to bring the lowly mail truck into the future.



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Renault to Hold Emergency Board Meeting

French car maker Renault SA is set to hold an emergency board meeting on Thursday afternoon to discuss the latest attempts by the French government to increase its control over the company.



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Target Reaches Settlement with MasterCard Over Data Breach

Target Corp. said it reached a settlement with MasterCard to reimburse financial institutions for costs incurred after the retailer’s 2013 data breach that compromised 40 million credit and debit card accounts.



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How to Catch a Rocket With a Helicopter

SpaceX is testing reusable rockets, but a Boeing-Lockheed joint venture has another idea to bring down costs: catching rockets as they fall back to earth with helicopters.



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Chinese Drone Maker Seeks Funding at $10 Billion Valuation

Chinese consumer drone maker DJI is in talks to raise funding at a valuation as high as $10 billion, a sizable bet by investors.



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Poor Returns Weigh on Sears Pension Plan

The problems at Sears don’t end with its stores. The company also has to worry about its cash-draining pension plan. There, too, some of the damage has been self-inflicted, in the form of poor investment results.



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Netflix Adds More Users Than Projected

Netflix added a better-than-expected 4.88 million streaming subscribers in the March quarter, as the video distributor continued to benefit from its aggressive overseas expansion.



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Judge Rules GM Can Keep Bankruptcy Shield

A federal judge ruled GM can keep its bankruptcy shield, which allows it to block potentially billions of dollars in legal claims by hundreds of customers seeking damages over a defective ignition switch.



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How China's Biggest Chip Maker Could Change the Industry

An obscure Chinese state-owned company has become China’s microchip national champion—and a beacon for how Western tech companies might do business in China.



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Kinder Morgan Posts Higher Profit, Raises Dividend

Kinder Morgan said first-quarter earnings rose 63% as strong performances in most of its businesses offset weakness in its carbon dioxide business.



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BP CEO to Face Shareholders

With low oil prices and interest in energy executives’ every word, BP’s normally quiet annual meeting could provide insight into the company’s direction.



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'Search Bias' at Heart of Google Case

At the heart of the antitrust complaint against Google is the search giant’s alleged practice of highlighting its own shopping services, ahead of links to rival services.



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Bunge, SALIC Venture to Buy 50.1% Stake in Canadian Wheat Board

The Canadian units of Bunge Ltd. and of Saudi Agricultural and Livestock Investment Co. Wednesday said they had struck a deal to acquire a 50.1% stake in the Canadian Wheat Board for 250 million Canadian dollars ($200.2 million).



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Colt Launches Exchange Offer

Troubled gun maker Colt Defense launched an exchange offer that would cut its bond debt by 70% to $75 million from $250 million. The company also began soliciting support for a prepackaged bankruptcy plan.



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Avon Eyes Possible Sale

Avon Products is exploring strategic alternatives for the company, including a possible sale of its North America business.



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Toyota to Raise Output for U.S., China

Toyota will invest around $1.4 billion to beef up capacity in China and Mexico to meet growing demand in China and the U.S.



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Precision Castparts Gives Tepid Forecast

Precision Castparts warned that earnings in its latest quarter will likely fall well below Wall Street expectations, as the metal-products maker struggles with deteriorating demand in its energy and power businesses.



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Angie's List CEO to Step Down

Angie’s List co-founder and Chief Executive William Oesterle will step down to pursue other interests. The online review site also backed its full-year sales outlook and raised its Ebitda guidance by $2 million.



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Medical-School Exam Gets an Overhaul

Aspiring doctors taking the new Medical College Admission Test, or MCAT, will find an exam that is longer, covers more subjects, and is more interdisciplinary than past versions.



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EU Hits Google With Antitrust Charges

European Union regulators formally accused Google of violating the bloc’s antitrust laws by abusing its dominance of online search.



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