Drug Shortages Frustrate Doctors, Patients

The number of drugs in short supply in the U.S. has risen 74% over the past five years, and includes cancer treatments and antibiotics.

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High Drug Prices Attacked at Meeting

A prominent cancer specialist criticized the costs of new cancer treatments in a high-profile speech at one of the largest annual medical meetings in the U.S.

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Coming Next: The On-Demand Sales Force

The ‘sharing economy’ is best known for consumer services, but it also can be applicable for business-to-business transactions. Businesses can use apps like Universal Avenue, for instance, to get salespeople on demand.

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The $775,000 Watch on Rafael Nadal's Arm

Everyone wants to know if this is the year Rafael Nadal’s French Open reign finally ends. But among Nadal’s fellow players, the $775,000 Richard Mille watch he wears during play inspires almost as much curiosity.

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U.S. Rare-Earths Miner Struggles to Survive

Molycorp, the U.S.’s only miner and processor of rare-earths elements, is expected to announce it will skip a loan payment as it struggles to survive one of the biggest commodity bubbles in economic history.

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Harley Holds Off on Battery Power

The LiveWire battery-powered motorcycle, announced a year ago, is unlikely to hit the market for at least two or three years.

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Lawyer Sues Skadden for Overtime

A lawsuit against legal heavyweight Skadden, Arps, Slate, Meagher & Flom is testing whether some purportedly professional work might in fact be eligible for overtime.

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U.S. Defense Firms Falter in Asia

Surging military spending across Asia has made it the world’s second-biggest region for such spending over the past decade, but U.S. companies are struggling to take full advantage of that growth.

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Easy Access to Money Keeps U.S. Oil Pumping

Access to easy money is encouraging oil drillers to keep production high, even though crude prices are low. The lack of production discipline worries some industry experts, who say it will hold down prices.

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'San Andreas' Shakes Up Box Office, Takes In $53.2 Million

Disaster film starring Dwayne Johnson leads the weekend in its debut with $53.2 million.

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For Fed, Strong Dollar Complicates Rate Calculus

If the economy disappoints—because of the drag from a strong dollar or other reasons—the Fed might want to wait on interest-rate hikes.

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GE Launches Bidding For Some Commercial-Lending Operations

General Electric has launched the bidding process for a $40 billion chunk of its U.S. commercial-lending operation, a crucial step in its effort to escape regulation by the Federal Reserve.

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Intel Nears Deal to Buy Altera

Intel Corp. is on the cusp of agreeing to buy rival chip maker Altera Corp. for about $54 a share, according to people familiar with the matter.

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Carnegie Mellon Reels After Uber Lures Away Researchers

Carnegie Mellon is scrambling to recover after Uber poached at least 40 researchers and scientists from the university’s robotics department earlier this year.

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Tech Firms Pull Talent Away From Ad Agencies

Silicon Valley juggernauts and new media startups like BuzzFeed are pulling talent away from ad agencies as they court young people with similar skill sets, offering more creative freedom, flexible schedules and often more money.

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U.S. Auto Sales Speed Toward 17 Million

Hot sales in May could put the U.S. auto industry well on its way to delivering 17 million new vehicles this year—a level unseen since 2001.

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Hanergy's Solar Tech Gamble Is Under Scrutiny

When one of China’s richest men ventured into the solar business, he bet on the success of niche solar technology that few in the industry wanted. That gamble by Hanergy Chairman Li Hejun now is under unprecedented scrutiny.

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Pentagon to Push Congress on F-35 Fighter Contract

The Pentagon said Friday that it plans to push Congress to approve a deal for more than 400 F-35 fighter jets worth as much as $34 billion in what would be the largest-ever weapons’ contract.

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Chip Makers Chase Deals Over Margin, Pricing Pressures

Investors pressing for margin gains have triggered the new wave of consolidation in the semiconductor industry, figuring a savvy tie up can bring cost savings and fatter margins.

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Fiat Reached Out to Rivals About Consolidation

The auto maker’s chairman said it has made contact with multiple rivals to propose talks about industry consolidation.

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AmEx President Dies on Plane

The president of American Express, Edward Gilligan, who was viewed as a likely successor to CEO Kenneth Chenault, died on the way home from a business trip.

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New Software Helps Local Delivery Firms With Same-Day Service

Grand Junction aims to link retailers to mom-and-pops and assist with package-tracking.

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New Cancer Immunotherapy Drugs Show Promise

A new crop of cancer immunotherapy drugs is showing promise in a widening range of tumor types, while researchers home in on ways to predict which patients are likely to benefit most from the drugs.

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FTC Sues to Block Steris, Synergy Merger

The Federal Trade Commission sued to block the $1.9 billion merger of infection-prevention firm Steris and U.K. peer Synergy Health, with the companies pledging to fight back in court.

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Humana Considers Sale of Company

Health insurer Humana Inc. is considering selling the company, a move that could trigger a widely anticipated wave of consolidation in the industry.

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Survey: U.S. Consumers Wary of Economy

Consumers remain cautious about the current economy this month, according to new report on consumer sentiment. The report raises worries about consumer spending in the second quarter following weak demand in the first quarter.

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Snapchat Reveals $650 Million Private Placement

Snapchat disclosed it has offered to sell $650 million of stock in a private placement, an opportunity for the company and insiders to profit from the messaging company’s popularity.

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U.S. GDP Fell 0.7% in First Quarter

The U.S. economy contracted early this year as harsh weather and a strong dollar sapped demand for American goods, underscoring the choppiness of an expansion that has struggled to lift off.

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Level 3 Tries to Waylay Hackers

Internet traffic carrier Level 3 Communications is taking an aggressive—and some say risky approach—to hacking by monitoring for criminal groups and isolating traffic believed to contain stolen data.

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Switzerland's Economy Shrinks

Switzerland’s economy contracted for the first time in 4½ years in the first quarter as the strength of the Swiss franc hit foreign demand for the country’s pharmaceuticals and machinery products.

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Data Giant Equinix to Acquire Telecity

U.S. data center operator giant Equinix won a scramble to acquire U.K.-based peer Telecity Group in a cash and share offer worth $3.60 billion.

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Class of 2015 Is Summa Cum Lucky in the Job Market

These college grads are blessed with a jobless rate below the average of the past 40 years, foretelling higher wages in the years ahead.

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GameStop Results Boosted by New Software Sales

GameStop reported a better-than-expected 8.5% increase in quarterly earnings, boosted in part by strong sales of new videogames.

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Japan Inflation Slips Back to Zero

Prices stay flat in April as cheaper energy costs push price movements further away from a Bank of Japan 2% inflation goal.

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Scandal in World Soccer Pressures Sponsors

The indictments alleging corruption among FIFA officials leave corporate sponsors facing dilemma of whether to back away from the powerful marketing outlet of the world’s most popular game.

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China's Tech Firms Aim to Stay Home

China’s stock market and more favorable domestic regulations are driving tech firms to plan to list shares in China instead of the U.S.

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Oil Wells Yield a Gusher of Goofy Names

Every oil well drilled must have its own name. There are wells named after planets and chili peppers as well as ones named Ron Burgundy and Dean Wormer.

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How Google Aims to Delve Deeper Into Users' Lives

Google showcased new offerings, including a mobile-payment system and photo service, designed to embed the Internet giant more deeply into users’ lives.

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'Numbers Guy' Behind Broadcom Deal

Avago CEO Hock Tan, a media-shy financial whiz now mounting the largest takeover in high-tech history, is stepping into the limelight with a $37 billion cash-and-stock deal to buy chip maker Broadcom.

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Amazon to Add Its Own Line of Food

Amazon.com is preparing to broadly expand its fledgling lineup of private-label brands to include grocery items such as milk, cereal, and baby food, as well as household cleaners.

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Ex-Partner Says Dewey Got Stuck in Debt Cycle

A former partner at Dewey & LeBoeuf testified the firm got caught in a never-ending debt cycle after the economic downturn, shedding light on how the once august legal outfit spiraled into bankruptcy.

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Avago's Broadcom Takeover Offers Tax Deferral

Avago’s pending Broadcom purchase taps an arcane tax structure that could provide Broadcom shareholders with partnership units allowing them to defer any taxes

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Abercrombie & Fitch Results Miss Expectations

The business of remaking Abercrombie & Fitch Co. is costly. The company’s first-quarter loss was dragged down by a series of charges aimed at revitalizing the company by dialing back its sex-infused image, creating a friendlier shopping experience and offering clothes that are more in sync with today’s trends.

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Will Homeowners Shell Out Thousands for Super Batteries?

Tesla and other companies are jumping into the budding business of electricity-storage batteries, but the current market is very small.

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Google Unveils Apple Pay Rival

Google revised its mobile-payment service with new partners, stepping up competition with Apple in an area with big promise and multiple challenges.

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Under Armour Works to Cash In on Curry

Sportswear-industry insiders have been watching to see if NBA MVP Stephen Curry’s popularity can translate into bigger sales of his Under Armour shoes.

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EU Raises Pressure on France Over Transport Law

European Union regulators are raising pressure on France to change a new transportation law aimed at protecting traditional taxis against companies such as Uber

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Santorum's Message Reflects GOP's Economic Tilt

Rick Santorum’s entry to the presidential field offered the latest example of Republicans’ looking to broaden their appeal to an electorate facing unease over stagnant living standards for middle-class Americans.

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Court Rejects Apple's Bid to Shake Off Monitor

A federal appeals court has rejected Apple Inc.’s efforts to rid itself of a corporate monitor appointed in the wake of a judge’s finding the company liable for conspiring to raise the price of e-books.

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Many Mines Put Up for Sale, but Buyers Are Scarce

Miners want to sell off their mines, but they have a problem: Almost no one wants to buy them. Some veteran bankers in the mining industry are seeing the longest drought of deals in their careers.

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Teva, FTC Reach $1.2 Billion Settlement

Teva Pharmaceutical Industries will pay $1.2 billion to settle government allegations its Cephalon subsidiary paid generic-drug makers to delay competing versions of the sleep-disorder drug Provigil.

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Pending Home Sales Hit Highest Level in Nine Years

A forward-looking gauge of U.S. home purchases rose for the fourth straight month in April and reached their highest level in nine years—the latest evidence of firming demand in the housing market.

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A Womb With a View: App to Help IVF Patients Monitor Embryos

A new smartphone app could allow doctors and couples receiving in vitro fertilization treatment to monitor the growth of embryos in a lab thousands of miles away.

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U.S. Jobless Claims Rise to 282,000

The number of Americans filing new claims for jobless benefits rose last week, but the level remains consistent with an economy that is adding jobs.

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Avago to Buy Broadcom for $37 Billion

Chip maker Avago Technologies agreed to buy rival Broadcom, the latest deal in busy semiconductor space.

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FIFA Faces Mounting Pressure From Sponsors

The day after FIFA was plunged into crisis by a sprawling corruption scandal, soccer’s world governing body was under mounting pressure from some of its largest sponsors and national governments.

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An Airbnb for Construction Firms

A Caterpillar-backed online marketplace is matching heavy-equipment dealers and owners to potential renters, calling itself an Airbnb-like rental facilitator for construction companies.

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Airbus Mulls Jetliner Production Boost

Airbus is thinking of further increasing its output of the popular A320 single-aisle jetliner by as much as 26% to more than 60 a month.

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Eurozone Businesses More Upbeat Despite Greek Deadlock

Eurozone businesses grew more optimistic about their prospects in May, an indication that they may increase investment despite the continued deadlock in negotiations between Greece and its creditors.

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Samsung Moves Raise Governance Concerns

Samsung’s maneuvers to increase heir apparent Jay Y. Lee’s stake in Samsung Electronics illustrate issues that critics say continue to plague South Korea.

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Midsize Businesses Seek Relief From Federal Health Law

Employer groups and insurers are pushing to keep businesses with 51 to 100 workers exempt from a provision of the federal health law that they say could significantly increase their costs.

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Corruption Allegations Reach Soccer's Highest Levels

Prosecutors alleged that senior officials of FIFA got more than $150 million in bribes and kickbacks as part of a sprawling scheme that functioned like a criminal enterprise.

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FBI Investigating Hysterectomy Tool

The morcellator surgical tool was found to spread uterine cancer, and the FBI is examining what the largest maker of it, Johnson & Johnson, knew about its hazards.

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Immigrants, Latinos Help Drive Business Creation

Business creation in 2014 was boosted by immigrants, index finds, while the share of new Latino business owners also climbed

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Broadcasters Shop at Home for Shows

ABC and Fox have sharply increased the numbers of shows they own for next fall’s TV season, to better wring dollars from reruns, VOD, and streaming. Networks no longer want to rely on just the revenue from commercials.

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Mental-Health Screenings for Pilots Under Review

The FAA has set up an advisory group to consider possible changes in mental-health screening of U.S. commercial pilots.

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Wal-Mart Settles With Tracy Morgan

Wal-Mart Stores Inc. has a reached a settlement with “30 Rock” star Tracy Morgan and other plaintiffs who were injured in a June 2014 crash on the New Jersey Turnpike.

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Need to Suck It Up? Try a Meat Straw

Companies offer drinking straws made out all sorts of things, from beef to stainless steel to cookies.

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NBCUniversal Plans Sports Documentary Film Division

In an effort to compete with ESPN and HBO, Comcast Corp.’s NBCUniversal is launching a sports documentary film division. The unit, which will be part of NBC Sports Group, will have a strong Olympics bent.

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Nike: Cooperating with Authorities on FIFA Allegations

The sweeping U.S. crackdown on alleged corruption at FIFA may have snagged Nike Inc. in its net.

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Hotelier's Daring Letter to Chinese Premier Hits Home

A frustrated Chinese hotelier who wrote a daring letter to the country’s prime minister comparing private companies to slaves has become an unlikely poster boy for Beijing’s efforts to overhaul its economy.

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Broadcom in Advanced Talks to be Bought by Avago Tech

Broadcom is in advanced talks to be bought by Avago Technologies, in what would be the latest in a recent string of mergers in the semiconductor industry.

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Antitrust Lawsuits Target Blue Cross and Blue Shield

Lawsuits advancing in federal court in Alabama allege that the 37 independently owned Blue Cross and Blue Shield health insurers, which cover about a third of Americans, are functioning as an illegal cartel.

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Google's Search for Platforms on Display

Google this week will make a renewed push for developers to work with Android for wearable devices, Internet-connected TVs, cars and virtual reality at its I/O conference.

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Defense Says Dewey & LeBoeuf Emails Taken Out of Context

If Dewey & LeBoeuf’s ex-CFO intended to commit fraud, he would have known better than to send allegedly incriminating emails on the law firm’s servers, an attorney for the former executive said.

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In a Slow Economy, Negative Quarters Shouldn't Surprise

Data this week could show the U.S. economy shrank earlier this year, but that doesn’t necessarily indicate a recession, writes Greg Ip.

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Ignition-Switch Engineer to Face Plaintiffs Lawyers

A former General Motors engineer who approved a faulty ignition-switch tied to millions of recalled vehicles and more than 100 deaths is to be questioned next month by lawyers representing car owners suing the auto maker over the defect.

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Diamond Producers Form Group to Fight Synthetics

A group of diamond miners is banding together to market their product and counter threats such as the expansion of synthetic stones.

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First Class Fares Get Affordable

Airlines are dropping premium fares to entice shoppers to buy more first-class tickets.

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Michael Kors Shares Plunge

Michael Kors posted its first sales decline as a public company, helping send the accessories brand’s stock down 21% in morning trading, even as its profit grew during the most recent quarter.

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McDonald's CEO Offers New Turnaround Details

McDonald’s CEO said his turnaround plan will hinge on many small things, and the company plans to stop disclosing monthly sales figures beginning July 1.

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Sony Buys Optical Data Storage Startup

Sony Corp., known more for selling to consumers than companies, is taking a step outside its comfort zone by backing an effort by a former Facebook Inc. executive to bring optical data storage to corporate data centers.

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Google Wages Free-Speech Fight in Mexico

A ruling against Google Mexico opens the door for politicians and business moguls to abuse the so-called right to be forgotten.

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India's Growth Likely Slowed Last Quarter

Economists predict GDP in the three months ended March 31 likely grew 7.2% from a year earlier, the lowest in three quarters.

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Aston Martin Seeks Women Drivers, Luxury Tag

Aston Martin, the maker of cars famously driven by James Bond, wants to reposition itself as a luxury lifestyle brand with greater appeal to women.

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Data Brings Relief to Allergy Medicine Supply Chains

A severe allergy season is putting pressure on drug-makers and retailers to get the right allergy medicines to pharmacies at the right time.

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Companies Send More Cash Back to Shareholders

U.S. businesses, under pressure from activist investors, are plowing more cash into dividends and stock buybacks, fueling worries about long-term investment.

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At American Apparel, Suits Overrun the T's

American Apparel was supposed to be focused by now on fixing its battered business. Instead, its battle to be rid of former CEO Dov Charney has become an unusually protracted battle.

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New Push Ties Cost of Drugs to How Well They Work

Express Scripts is seeking deals with pharmaceutical companies that would set pricing for some cancer drugs based on how well they work.

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Coke Says It's Ready to Let Monster In

Coca-Cola is expected to soon close its deal to take a 16.7% stake in energy-drink maker Monster Beverage, but with the purchase comes controversy and litigation.

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Vox Media to Acquire Tech Website Re/code

Vox Media is acquiring Revere Digital, parent company of the technology news website and conference business Re/code.

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Tech Firms Seek Ways to Fend Off Activist Investors

While some have just surrendered, others are fighting back with tactics like granting founders special stock that gives them control over key decisions.

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At These Firms, First Salary Offer Is Final

Take-it-or-leave-it policies for starting salaries aim to foster transparency, fairness.

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What's Hot in the Art World? Algorithms

Dealers in digital art are amassing algorithms, the computerized formulas that automate processes from stock-market sales to social networks. But it’s a very abstract art form.

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Why LG's Latest Android Watch Trails Apple's

Tech Review: Clunky interface and design, plus too many alerts, plague the Watch Urbane, Geoffrey A. Fowler reports.

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Alcatel-Lucent Executives Defend Nokia Merger Plan

Alcatel-Lucent executives defended their plan to sell their company to Finland’s Nokia Corp., telling skeptical shareholders that it is the only option for a firm that lacks “critical mass” against giants like Ericsson and Huawei Technologies.

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Big Bets on Proton Therapy Face Uncertain Future

Six new proton-beam centers are set to start delivering state-of-the-art radiation to U.S. cancer patients in coming months. The projects—many costing between $25 million and $30 million—will enter an uncertain market.

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Charter Executives Positioning Mega Cable Deal for Washington

As top executives at Charter Communications and Time Warner Cable laid out their vision for the cable companies’ planned $55 billion merger, their pitch seemed aimed as much at Washington as at Wall Street.

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Prosecutor: Dewey Ex-Leaders Oversaw Plan to Mask Finances

Dewey & LeBoeuf’s three former leaders oversaw a yearslong plan to mask the nature of the now-defunct law firm’s finances, an assistant district attorney told a jury during opening arguments in a criminal trial.

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EMC to Acquire Virtustream for $1.2 Billion

EMC Corp. agreed to buy privately held Virtustream Inc. for $1.2 billion, the data-storage giant’s latest response to pressures that include calls to break up the company.

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LVMH in Talks to Buy Le Parisien Newspaper

French luxury group LVMH Moët Hennessy Louis Vuitton said it has entered exclusive negotiations to purchase the newspaper franchise Le Parisien/Aujourd’hui from media company Groupe Amaury.

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Taco Bell, Pizza Hut to Remove Artificial Flavors, Coloring

Yum Brands’ Taco Bell and Pizza Hut restaurants committed Tuesday to removing artificial flavors and colors from their food, joining a host of other food companies who are opting for more natural ingredients in the face of changing consumer tastes.

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U.S. Consumer Confidence Edges Up to 95.4 in May

Consumers turned slightly more upbeat this month after taking a dimmer view of the economy in April. The Conference Board’s index of consumer confidence increased to 95.4 for May from a revised 94.3 in April.

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U.S. New-Home Sales Climb 6.8% in April

Sales of newly built homes rebounded in April, a sign the housing market may be slowly warming up.

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Medtronic on Hunt for Deals in China

Medtronic is broadening the number of low-cost medical devices it sells in China and is looking for deals there, the company’s chief executive said.

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EU Asks if Insecticides Are Killing Bees

Neonicotinoid insecticides were restricted in the EU two years ago after they were thought responsible for a decline in the bee population. But new studies have changed perceptions about the possible impact of the pesticides.

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Home Prices Continue to Climb

Home prices continued their unremitting climb in March, underscoring concerns of some economists over whether the strong price gains are sustainable.

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U.S. April Durable Goods Orders Fall 0.5%

Demand for big-ticket manufactured goods fell last month, but underlying figures suggest business investment is slowly starting to pick up.

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Tech Review: Android Auto Wins in the Car

The future of in-dash technology, powered by your smartphone, has arrived. WSJ’s Joanna Stern reviews Android Auto.

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Developed-Country Growth Slows, OECD Says

Economic growth in developed countries slowed for the second straight quarter in early 2015, the OECD said, as the recovery from the financial crisis remained weak and uneven.

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Charter Strikes $55 Billion Deal for Time Warner Cable

Charter Communications Inc. has struck a $55 billion cash-and-stock deal for Time Warner Cable Inc., giving cable mogul John Malone the prize he has been chasing for two years.

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Ryanair Profit Jumps

Ryanair’s net income rose 66% in the financial year ended March and it expects the figure to rise further this year.

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L'Oréal to Lure China Shoppers with Price Cuts

French cosmetics giant L’Oréal will cut prices of products imported into China, following up on Beijing’s cut of import duties on consumer goods.

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ECB Error Spurs Questions About Policy Disclosures

An ECB snafu last week that meant one of its officials gave market-moving information to a private audience hours before it was made public is raising broader concerns about policy makers’ behind-closed-doors meetings.

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Why Some Entrepreneurs Feel Fulfilled---but Others Don't

Money is only part of the equation. New research offers surprising insights into the complex path to satisfaction.

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Health Costs Hinge on Supreme Court Ruling

Subsidies that made insurance plans affordable face a crucial test with decision expected in June.

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China to Trim Tariffs in Bid to Fashion Spending Spree

China slashed import duties on goods ranging from cosmetics to diapers to boost spending at home, where the economy is slowing and high taxes often prompt consumers to shop abroad.

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Travelers Doesn't Want to Share Its Umbrella

Travelers Cos., the giant property-casualty insurer, has gone to great lengths to stop other companies from hoisting umbrellas as logos.

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GM Likely to Face Criminal Charges Over Ignition Switches

Federal prosecutors are likely to bring criminal charges against GM over an ignition-switch defect linked to more than 100 deaths, but they still have to hash out key issues, people familiar with the matter said.

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Holiday Box Office Lowest Since 2001

This year’s Memorial Day weekend box office, at an estimated $190 million, was the lowest since 2001. Disney’s “Tomorrowland” was a big disappointment.

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How Everyone Gets the 'Sharing' Economy Wrong

Uber, Lyft, Instacart and other ‘sharing economy’ startups aren’t just remarkably efficient marketplaces, they’re remarkably efficient machines for producing near minimum-wage jobs.

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Suntory to Swallow Japan Tobacco's Drinks Business for $1.2 Billion

The deal would give the food-and-beverage unit of Suntory Holdings two beverage brands and 260,000 drinks machines.

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Auditor Knew of Wal-Mart Mexico Bribery Allegations, Group Claims

A small shareholder group, CtW, says Wal-Mart’s longtime auditor, Ernst & Young, knew about possible bribery in Mexico long before the company disclosed it to U.S. authorities.

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Is Asiana Undermining Its Safety Chief?

Asiana has had major accidents in four of the past five years, prompting worries that its safety czar doesn’t have enough power to improve the South Korean airline’s track record.

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Emails to Play Key Role in Dewey & LeBoeuf Trial

When opening arguments kick off Tuesday in a criminal trial over the collapse of law firm Dewey & LeBoeuf, emails will play a starring role.

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Charter Nears $55 Billion Deal for Time Warner Cable

Charter Communications is nearing an acquisition of Time Warner Cable in a roughly $55 billion deal that would create a more potent rival for Comcast and DirecTV.

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African Economies to Gather Pace

African economies will gather pace this year and next year, in their fitful and uneven economic ascent, three prominent organizations said in a joint report.

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Foreign Airlines May Land Domestic Routes in Australia

Australia is considering allowing foreign airlines to fly domestic routes in the tropical north of the country, in a plan that could potentially hurt local carriers.

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Barrick Gold Sells Cowal Mine

Barrick Gold said it will sell an Australian gold operation to Evolution Mining for $550 million, one of several planned sales aimed at helping the miner reduce billions of dollars in debt.

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Sirius Resources Gets $1.4 Billion Takeover Offer

Sirius Resources, which is building a vast nickel mine in Western Australia state, agreed to a cash-and-shares takeover offer worth $1.4 billion by larger rival Independence Group.

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Japan Slides Back into Trade Deficit

Japan posted a better than expected trade deficit in April as a jump in exports to the U.S. helped mitigate an increase in crude oil import volumes.

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Sweden Wins Eurovision

Sweden emerged victorious in the 60th edition of the Eurovision Song Contest, narrowly beating Russia, which was booed by the audience at the Wiener Stadthalle arena in Vienna.

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Oil Companies Look to Join Climate Debate

Oil companies are ratcheting up their involvement in the debate over climate change as governments, activists, churches and some big investors gear up for a global summit on the issue at the end of the year in Paris.

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Audi Turns to Connected Cars in China

German luxury auto maker Audi is betting on connected cars in China to attract and keep customers as demand for high-end cars wanes.

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John Nash,'A Beautiful Mind' That Changed Economics, Dies in Crash

John Nash, a mathematician whose work on the nature of human negotiation changed modern economics and whose personal struggles with mental illness touched millions, died Saturday in a car crash along with his wife.

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Amazon Changes Tax Practices in Europe

Amazon.com has started booking revenue from retail sales in individual European countries, instead of funneling all sales through low-tax Luxembourg.

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BookCon Opens Its Arms to TV Stars, Erotica

BookCon, the literary cousin of Comic Con, will aim to drum up buzz for new titles by letting book fans mingle with celebrities like Mindy Kaling and Judy Blume.

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U.S. Trade Representative Froman Optimistic About TPP Deal

U.S. Trade Representative Michael Froman says he is optimistic about Trans-Pacific Partnership trade pact, and says negotiations are “in endgame.”

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Greece Won't Meet IMF Repayments in June, Minister Says

Greece said it won’t have the money it is due to repay to the IMF next month unless it strikes a deal with international creditors over further rescue funding.

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Nestlé Taps Into Bottled Water On-Demand

Nestlé is getting a big lift from customized Web orders for its still and sparkling water brands Poland Springs, Perrier and Pure Life.

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Officials Emphasize Unemployment's Threat to Europe

High and divergent unemployment rates in Europe pose a serious threat to the region’s long-term economic health, central bankers and economists warned during a weekend conference.

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EDF Bids for Areva's Reactor Unit

French state-controlled power utility EDF made a preliminary offer for the reactor unit of nuclear-engineering firm Areva of €2 billion ($2.2 billion).

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GM Is Set to Face Criminal Charges Over Ignition Switches

Federal prosecutors are closing in on criminal charges against General Motors Co. over a faulty ignition switch linked to more than 100 deaths.

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Central Bank Chiefs Express Contrasting Views

The heads of the world’s two largest central banks offered differing views regarding the role they should play in pushing for government economic overhauls.

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A Home Buyer's Guide to a Seller's Market

House prices are rising and bidding wars are breaking out in many markets. Here’s how to get what you want without overpaying.

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Greece and Creditors Struggle for Elusive Deal

The looming prospect that Athens won’t be able to meet IMF debts due in mid-June is spurring dire scenarios—but little progress at the table.

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Retail Markdowns Often Beat Outlet Prices

Discounts at mainline stores often undercut the prices at their outlet-center cousins, a telling indicator of how reliant American retailers are on promotional pricing.

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Quality Now Trumps Quantity in Stats on Uninsured

Columnist Jo Craven McGinty explores a methodological overhaul that has improved data on the number of Americans without health insurance, at a cost.

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Senate Rejects Currency-Related Amendment to Fast-Track Bill

The Senate, moving toward a final vote on fast-track trade legislation, rejected a contentious amendment backed by the auto industry that would press trade negotiators to include rules to combat currency manipulation in international trade pacts.

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Murray Energy Confirms Layoffs

Coal miner Murray Energy Corp. on Friday said it would lay off as many as 1,829 workers at mines in Illinois, Ohio and West Virginia.

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Clean-Coal Power Plant Loses Steam

The future of the most expensive fossil-fuel power plant ever built in the U.S. is facing new pressures after a Mississippi utility backed out of its commitment to help pay for the clean-coal project.

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Amazon Targets Etsy With 'Handmade' Marketplace

Having vanquished scores of brick-and-mortar retailers, Amazon has a new target: Etsy. The Seattle Web retailer is prepping a marketplace for artisan goods it is calling Handmade.

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Arch Coal Seeks Advice to Lower Debt

Arch Coal has tapped restructuring advisers to explore ways to decrease its multibillion-dollar debt load as a deep coal-market slump continues to weigh on the mining company and its rivals.

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West Coast Port Workers Ratify Contract

Members of the International Longshore & Warehouse Union overwhelmingly approved a five-year contract provides labor stability at U.S. West Coast ports.

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Uber Loses Part of Legal Battle in France

Uber Technologies Inc. has lost a round in its continuing legal battles in Europe, when a French court upheld parts of a transport law aimed at reining in the California-based car-hailing firm.

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'Massive Shift' Underway in Search for New Supply Chain Talent

The growing role of technology and globalization are creating demands in hiring for skills beyond traditional oversight of supply chains,

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Restructuring Firm Chief Expects Renewed Demand in Asia

The chief of restructuring firm AlixPartners discusses missteps that global companies made in expanding in Asia and why a wave of corporate restructuring is inevitable.

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Deere Profit Falls as Equipment Sales Drop

Deere’s profit dropped 30% in the latest quarter, but its shares rallied as proceeds from a business-unit sale and lower expenses delivered results that exceeded Wall Street expectations.

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Daimler Investing in Berlin Factory

Luxury car maker is investing $551 million in a Mercedes-Benz factory to produce high-tech engine components that reduce carbon dioxide exhaust emissions.

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Alpha Natural Laying Off 439 at Mine

Coal miner Alpha Natural Resources Inc. on Friday said it plans to lay off 439 miners at a mine in south-central West Virginia.

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Nokia Seeks Higher Bids for Mapping Unit

Nokia said it was in no rush to sell its mapping services, increasing pressure on suitors to raise their bets.

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Spotify Review: Here Comes the All-Around Entertaining App

Spotify now streams podcasts and video. But, is it enough?

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Ann Struggles with Weak Traffic

Ann Inc. reported a weaker-than-expected 1.2% increase in sales in its first quarter as the retailer continues to struggle with weak traffic and competition.

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Wal-Mart Encourages Meat and Egg Suppliers to Curb Antibiotic Use

Wal-Mart Stores is asking its meat and egg suppliers to curb their use of antibiotics and offer animals more humane living conditions.

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Yellen Says Fed on Track to Raise Rates This Year

Federal Reserve Chairwoman Janet Yellen said Friday the central bank is on track to raise short-term interest rates this year, but will likely proceed slowly and cautiously.

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Obama Presses Currency Compromise in Trade Pact

The White House, facing a push by U.S. lawmakers for strong currency manipulation strictures in a major Pacific trade deal, is pitching a less-aggressive approach to keep the deal from toppling.

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Behind the Rise and Fall of BlackBerry

“Losing the Signal,” a new book, tells the inside story of Research In Motion’s efforts to take on Apple’s game-changing iPhone. Read an excerpt.

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Appeals Court Issues Mixed Ruling on Cigarette Product Warnings

A federal appeals court scaled back portions of a court order requiring leading cigarette makers to say in product warnings that the industry misled the public about the dangers of smoking.

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U.S. Consumer Prices Inch Up

U.S. consumer prices climbed for the third straight month in April, rising 0.1%, in the latest sign inflation is stabilizing.

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Spy Agencies Explored Tapping Google, Samsung App Servers

Western intelligence agencies explored tapping Google and Samsung mobile-software stores as well as a mobile Web browser now owned by Alibaba, according to a document leaked by former U.S. contractor Edward Snowden.

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Foot Locker's Profit Tops Expectations on Sales Growth

Foot Locker posted a better-than-expected 14% increase in profit as the sportswear retailer continues to benefit from sales growth.

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Philip Morris Challenges U.K. Cigarette-Packaging Order

Philip Morris International has filed a suit in the U.K. challenging a new U.K. regulation that bans branding on cigarette packs.

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ECB's Draghi Calls for Overhaul of European Economies to Step Up

European governments must step up efforts to overhaul their economies, ECB President Mario Draghi said, calling on economic flexibility to be “part of our common DNA” in the euro bloc.

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Richemont Hurt by Currencies

Richemont is among luxury companies battling large currency swings and weakening demand in key markets such as Hong Kong.

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Uber in Talks for $1 Billion Credit Facility With Banks

Uber Technologies Inc. is seeking a $1 billion credit line from investment banks, people familiar with the matter said.

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'Nut Rage' Executive Freed From Jail

The Seoul High Court has overturned a lower court’s decision to give the daughter of the chairman of Korean Air Lines a one-year prison sentence after she disrupted a flight in December.

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Gap Says Main Unit Has a Ways to Go

Gap Inc. said improvements at its namesake unit might not be visible until next spring as it works through inventory ordered before new leadership was installed. The retailer said profit fell 8% in the latest quarter.

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'Saudi Girls' Finally Get to Drive, but Only in a Videogame

A coming mobile videogame set in a post-apocalyptic world, features heroines who ride motorcycles and fight villains. It’s made by a company whose CEO is a Saudi Arabian prince.

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'The Girl on the Train' Is Runaway Best Seller

Thriller has sold 2 million copies in the U.S. in just over four months—likely the fastest new adult release to do so.

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Health Insurers Seek Hefty Rate Boosts

Major insurers in some states propose substantial rate increases for plans sold under the federal health law, setting the stage for an intense debate over the law’s impact.

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Murray Energy to Lay Off Around 1,800

Coal miner Murray Energy is set to announce layoffs of around 1,800 workers, dealing another blow to the coal-mining industry in Appalachia.

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Recovered 'Two Riders' Painting Heads to Auction

Only two paintings from a trove of looted art that was recently recovered has been returned to its heirs—and one, Two Riders on a Beach, is about to be sold at auction, bringing its war-torn history in to the spotlight.

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Retail Sherpa Li & Fung Grapples With Client Loss

Li & Fung has been the go-to helper for Western brands that don’t have the expertise to navigate the supply chain in Asia. But its business is under pressure, as brands change how they manage their supply chains.

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Lumber Liquidators CEO Resigns

Lumber Liquidators CEO Robert Lynch resigned, adding further uncertainty to a company already dealing with questions about its Chinese-made flooring.

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FCC's Wheeler Reached Out to Time Warner Cable, Charter CEOs

FCC Chairman Tom Wheeler has a message for cable chiefs: just because regulators leaned against the Comcast Corp.-Time Warner Cable Inc. merger, doesn’t mean all future cable deals are doomed.

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Sun Micro Ex-Chairman Steps Up to Run Startup

Scott McNealy, once one of Silicon Valley’s most prominent executives, has kept a low profile since Oracle Corp. bought Sun Microsystems Inc. in 2010. He is ready to change that as he reshapes startup Wayin.

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Bird Flu Outbreak Decimates Egg Supply

The financial toll of the worst U.S. bird-flu outbreak in history is soaring. The fast-spreading virus has resulted in the deaths or extermination of at least 38.9 million birds. About 10% of the U.S. egg-laying flock has been wiped out.

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H-P's Earnings Top Views Despite Revenue Drop

Hewlett-Packard Co. reported a 7% drop in revenue for the April quarter, hurt by declines in all its major segments.

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FTC Expected to Clear Reynolds-Lorillard Deal

Tobacco companies Reynolds American and Lorillard are expected to receive antitrust clearance for their planned tie-up as soon as next week, according to people familiar with the deliberations.

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Hyatt Invests in Home Rentals Firm

Hotel operator Hyatt takes a stake in six-year-old company that books short-term stays at high-end homes in London, New York, Paris and Los Angeles, a business that challenges traditional lodging companies.

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De Beers to Sell Diamond-Recovery Business in South Africa

De Beers Group said Thursday that it intends to sell its Kimberley Mines Tailings asset, its last production operation in the central South African town where it launched the modern diamond-mining business in 1888.

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Google Touts Mobile-Ad Technology

Google says it is doing a better job connecting purchases in stores with ads the shoppers saw on smartphones, prompting some advertisers to boost spending on mobile ads.

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U.S. Existing Home Sales Decline 3.3% in April

Sales of previously owned homes fell in April after surging the previous month, highlighting the fits and starts that have been a hallmark of the housing recovery.

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Retail Markdowns Often Beat Outlet Prices

Discounts at mainline stores often undercut the prices at their outlet-center cousins, a telling indicator of how reliant American retailers are on promotional pricing.

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U.S. Jobless Claims Rise to 274,000

The number of Americans applying for first-time unemployment benefits rose last week but remained at a low level.

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CVS Buys Drug-Benefits Provider for $10.4 Billion

CVS Health agreed to buy pharmacy-benefits provider Omnicare for $10.4 billion, in a move aimed at boosting the drugstore chain’s services for the growing senior patient population.

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Best Buy Beats Profit, Sales Expectations

Best Buy reported better-than-expected results for its first quarter, helped by strong sales of large-screen TVs, phones and appliances.

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Qualcomm Launches Accelerated Buyback

Qualcomm Inc. on Thursday said it would launch an accelerated share-repurchase program for $5 billion in stock with two financial institutions.

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Wal-Mart Taking Back Some Business From Li & Fung

Wal-Mart Stores Inc. is taking back much of the business it outsourced to Hong Kong-based factory middleman Li & Fung Ltd. as the U.S. retailer increasingly contracts directly with factories for goods, according to people familiar with the matter.

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OECD Sees Continued Rise in Growth-Harming Inequality

Two-fifths of the population of developed countries have gained little over recent decades, driving a rise in income inequality that is damaging economic growth, the OECD said.

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China Factory Activity Still Weak

An initial gauge of China’s factory activity showed further sluggishness in May, though efforts to reinvigorate the economy appear to be cushioning the downward slide.

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Eurozone Growth Slows in May

The eurozone’s economy slowed for the second straight month in May, according to surveys of purchasing managers.

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Criminal Cases Roil Food Industry

ConAgra’s agreement to plead guilty to a federal misdemeanor charge stemming from a 2006-2007 salmonella outbreak spotlights how stepped-up enforcement of food-safety laws is shaking up the industry.

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H-P to Sell 51% of Chinese Data-Networking Unit H3C to Tsinghua

H-P plans to unveil big changes to its business in China—including the sale of a 51% stake in its data-networking operation there to Tsinghua Holdings—after spying revelations hurt Chinese demand for U.S. technology.

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BP Settles Gulf Disaster Claims With Transocean, Halliburton

In a series of legal deals, BP agreed to settle nearly all remaining claims with Halliburton and Transocean related to the 2010 Deepwater Horizon oil spill.

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West Coast Port Operators Ratify Contract

Approval of the labor deal by shipping companies and terminal operators leaves a longshore workers’ union vote still to come.

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At Zappos, Banishing the Bosses Brings Confusion

After the quirky retailer adopted a boss-free, no-titles ‘self-management’ system, more than 200 employees decided it wasn’t for them.

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Takata Air-Bag Recall Costs May Plague It for Years

Takata’s air-bag recall could cost billions of dollars, posing long-term financial uncertainty for one of the world’s biggest suppliers of automotive safety parts.

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Southwest's Growth Plans Stir Airline Stocks

A slight rise in Southwest Airlines’s growth plans fueled a broad selloff in U.S. airline stocks, highlighting investor jitters that cheap fuel could cause carriers to oversupply the market, undoing competitive discipline.

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Failed Retail Brands Get New Lives on Web

Entrepreneurs are snapping up intellectual-property rights to failed retailers, taking advantage of a built-in audience to launch small businesses online.

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Monsanto Would Shed Syngenta Seed Business to Get Deal

Monsanto said it would divest its entire seed business to win regulatory approval for a merger with Syngenta.

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Indian Car Makers Slowly Add Safety Gear

In India, home to some of the world’s deadliest roads, auto makers are increasingly moving to offer safety features such as air bags and anti-lock brakes that have long been standard in vehicles sold in the West.

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Health Insurer CareFirst Says It Was Hacked

Health insurer CareFirst BlueCross BlueShield became the latest in the industry to report that hackers had gained access to its system, potentially accessing the personal information of some customers.

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Can You Sue the Boss for Making You Answer Late-Night Email?

Company-issued smartphones have obliterated the line between the workday and off hours. For employers and workers, 8 p.m. emails from the boss aren’t just disrupting home life-they’re raising legal questions, too.

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Fed Minutes: June Rate Hike Doubtful

Federal Reserve officials meeting in late April doubted they would be ready to raise short-term interest rates by midyear, flagging a soft first quarter as a concern, according to minutes of the meeting released Wednesday.

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ConAgra Unit to Pay Record Fine Related to Salmonella Outbreak

A unit of ConAgra Foods agreed to plead guilty to a federal misdemeanor charge stemming from a 2006-07 salmonella outbreak, a rare criminal case that highlights intensified enforcement of food-safety laws.

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GE Certain Alstom Deal Will Go Through

General Electric Chief Executive Jeff Immelt said he is confident regulators will approve his deal to buy French conglomerate Alstom’s power business.

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Etiquette Rules for Packed Planes This Summer

The Middle Seat: As airlines fill more seats, Scott McCartney has solutions for passengers who must work harder to stay nice.

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E-Commerce Triggering Changes in Warehouse Values

Shifting retail sales patterns and new distribution demands are pushing existing warehouses more rapidly toward obsolescence

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Quality, Not Just Quantity, of Infrastructure Needs Attention

Capital Account: Chief economics commentator Greg Ip says the U.S. could use a rethink on how it distributes dollars for infrastructure projects.

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Spotify to Add Video to Music Site

Music-streaming service Spotify is entering the hotly competitive Web-video business, announcing Wednesday that it has added streaming video and podcasts to its offerings.

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Target's Profit Tops Expectations

Target reported a better-than-expected 52% increase in profit in its first quarter, as its stores attracted more shoppers who spent more on average.

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Hormel's Earnings Top Expectations

Hormel Foods reported better-than-expected profit in the April quarter, though lower pork prices pressured its sales growth.

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Lowe's Misses on Top, Bottom Lines

Lowe’s Cos. reported weaker-than-expected profit and revenue growth in its first quarter, despite logging a 5.3% increase in a key sales metric for its U.S. home improvement stores.

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Staples Reports 39% Decline in First-Quarter Profit

Staples Inc. reported a 39% decline in first-quarter profit, as sales continued to decline and store traffic dwindled, deepening the chain’s challenges as it awaits regulatory approval for its takeover of rival Office Depot Inc.

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Burberry Cuts Profit Guidance

Luxury fashion house Burberry disappointed investors as the company lowered its guidance on volatile currency moves and said it was seeing more uncertainty in some markets.

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New Luxury Rental Projects Add to Rent Squeeze

A shift in focus by developers from moderately priced to luxury apartments in markets across the U.S. partly explains why apartment rents are climbing at a rapid pace.

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Japan GDP Growth Is Fastest in a Year

Japan’s economy grew at its fastest pace in a year in the first quarter, fueled by household and business spending.

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Altice to Buy Controlling Stake in Suddenlink

Altice said it would buy a controlling stake in U.S. cable company Suddenlink in a deal worth $9.1 billion, catapulting the fast-expanding European telecom and cable group onto one of the world’s largest communications markets.

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Cash Crunch, for Many, Is a Monthly Woe

American households across the wealth spectrum increasingly face sharp swings in monthly income and spending, says a J.P. Morgan study that underscores the unpredictability of the U.S. labor market.

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Travel Websites Allege Delta Air Lines Is Shutting Them Out

A group of travel websites claims that Delta Air Lines is cutting them and their users off from its data, adding to industry tensions over the way consumers shop for flights on the Internet.

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Who Is Your Uber Driver (and What Does He Want?)

A study to be published by a group of computer and data scientists sheds light on the universe of on-demand workers.

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Nut Products Remain Prime Target for Food Recalls

Recalls over nuts are the largest ongoing concern in the food supply chain.

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Theft of Debit-Card Data From ATMs Soars

Criminals are stealing card data from U.S. automated teller machines at the highest rate in two decades, preying on ATMs while merchants crack down on fraud at the checkout counter.

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Altice Weighs Deals for Suddenlink, Time Warner

European telecom Altice is in advanced talks to acquire U.S. cable company Suddenlink Communications. Separately, Altice is also eyeing Time Warner Cable.

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United Technologies Talking to Possible Buyers for Sikorsky

United Technologies Corp. is talking to potential buyers for its Sikorsky Aircraft business, raising the prospect that a spinoff could turn into a sale.

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Another Fad or Future of Videogames?

‘Toys to life’ transports figurines into virtual worlds and sends billions of dollars into company coffers

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New Bug Exposes Broad Security Flaws

Internet-security experts have crafted a fix for a new computer bug in security software used by all modern Web browsers. But deploying the fix could break the Internet for thousands of websites.

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Trucks Powered by Natural Gas: Help or Hindrance to Emissions Reductions?

A new advocacy group study urges caution on natural gas vehicles but not everyone concurs.

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Los Angeles Takes Step Toward $15 Minimum Wage

The City Council of Los Angeles has given preliminary approval to a plan to raise the city’s minimum wage to $15 from $9 by 2020.

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White House Threatens to Veto Trade Bill Over Currency Measure

The White House threatened to veto a crucial trade bill if it contains legislation with binding punishments for currency manipulation, the main point of contention between President Obama and congressional critics of his trade policy.

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U.S. Charges Six Chinese Citizens With Economic Espionage

The Justice Department accused six Chinese citizens, including three professors, of conspiring to steal sensitive wireless technology from U.S. companies.

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Etsy Reports Wider Loss on Higher Costs

Etsy’s loss widened as higher costs masked continued revenue growth at the online marketplace for crafts and vintage items.

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H&M to Launch Its Biggest Store Ever---Again

Fashion retailer H&M is opening a 63,000-square-foot store in New York’s Herald Square, supplanting its Fifth Avenue location as its largest shop in the world

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Takata Air Bag Recalls Expand

Recalls of U.S. vehicles equipped with rupture-prone Takata air bags is being doubled to 34 million cars nationwide, deepening a safety crisis for the Japanese auto parts supplier.

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Your Phone Isn't The Only Camera You Need

Personal Tech: The Samsung NX1 makes a strong case for real cameras over smartphones like the iPhone 6 Plus, Geoffrey A. Fowler reports.

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Airbnb May Expand Into Professional Vacation Rentals

Airbnb is signaling an expansion into the professional vacation rental business, as new city laws from Santa Monica to Paris threaten the home-sharing site’s growth in urban areas.

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Los Angeles Port Reports Steep Cargo Decline

The largest U.S. gateway for Asia imports reported a slowdown in April as the container shipping industry watches for any lasting impact of recent labor strife

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FDA Grants Priority to J&J Schizophrenia Drug

The FDA has granted priority review to Johnson & Johnson’s new drug application for its schizophrenia treatment, which the company says is the longest dosing interval available.

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Duke to Retire Coal Plant

Duke Energy said that it plans to retire its Asheville, N.C. coal-fired power plant and invest $750 million into building a new natural gas plant.

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Tsinghua Unigroup to Buy Control of H-P Unit

Tsinghua Unigroup plans to buy a 51% stake in Hewlett-Packard’s China networking gear subsidiary H3C.

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New Car Sales in the EU and EFTA Rise

Strong demand in the EU’s top five automotive markets drove new car sales in the region up 6.9% in April, buoyed by demand for some budget brands and sport-utility vehicles.

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Google Ventures Invests in Agricultural Technology Startup

Google Inc., dipping its toes into an emerging agricultural sector, is investing in a computerized farming network that crunches data on seeds and soil to help farmers grow more crops and save money.

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U.S. Housing Starts Climb 20.2% in April

U.S. home building soared in April, a sign the housing market may be picking up after a sluggish winter sales season.

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ECB's Coeuré Worried By Speed, Not Size, of Bond Slide

ECB executive board member Benoît Coeuré said the slide in European bond prices reflected optimism about growth and was not worrying, but the speed of the slide showed how volatile financial markets remained.

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Wal-Mart's Sales, Profit Decline

Wal-Mart reported weaker-than-expected sales and a 7% drop in profit, though the retailer logged its third straight quarter of same-store sales growth in the U.S.

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Home Depot Lifts Sales, Profit Views

Home Depot on Tuesday boosted its profit and sales guidance for the year as the home-improvement retailer benefits from recovery in the housing market.

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Unilever Names New CFO

Consumer-goods giant Unilever PLC has named Graeme Pitkethly to be its new chief financial officer, replacing Jean-Marc Huët, who is leaving after more than five years as the company’s financial head.

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Flipkart Valued at $15 Billion

Flipkart raised $550 million from existing investors in a deal that raises the valuation of the Indian startup to about $15 billion.

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Vodafone Hails Signs of Stabilization in Europe

Vodafone hailed signs of stabilization in its key European telecommunications markets, even as the mobile telecom giant reported a fall in full-year profit.

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Weak Yen Pumps Up Profits in Japan

Big Japanese companies, helped by a weak currency, reported record profits in the financial year just ended at a rate not seen since the global financial crisis.

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Starbucks Flap Highlights Korean Startup

A Starbucks incident over screenshots of profanity-laced messages has brought mainstream publicity to a Korean startup that is pushing anonymous mobile messaging into the corporate setting.

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Pay Dispute Halts Turkish Auto Production

Automotive workers brought production at two of Turkey’s largest plants to a halt, demanding higher wages as a walkout at Renault spread to Tofas—the local maker of Fiat vehicles.

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Rolls-Royce Cuts Deeper

Engine maker Rolls-Royce said it would cut 10% of staff at its struggling marine business, which serves the slumping oil-and-gas industry.

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Delivery Firms, Retailers Try Out Package Pickup Points

As online shopping grows, they seek new ways to deal with ‘failed’ package deliveries to homes.

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Europe Struggles to Foster Startup Culture

Valuing prudence over risk-taking has made it tough for European countries to develop rivals to U.S. technology giants

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Uber Battles Locals for Future of African Taxis

There is a battle waging for the future of the African taxi ride that is pitting local startups eager to become the “Uber of Kenya” against, well, Uber.

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Behind Apple's Move to Shelve TVs

Investor Carl Icahn said he expects Apple to introduce an ultra-high-definition television in 2016. But after nearly a decade of research, Apple quietly shelved plans to make such a set more than a year ago.

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'Mad Men' Dreams a Dream for Coke

The ‘Mad Men’ finale revived a famous old Coke commercial and thrust into the limelight the creator of the ad. Coke says it didn’t pay to be part of the show, but granted its permission.

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Uber Tests 30% Fee, Its Highest Yet

Uber is experimenting with taking 30% of the fares booked through its car-hailing app, the highest commission it has charged drivers.

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Car States Balk at Trade Pact

President Barack Obama’s Pacific trade agreement is raising alarms not only in Michigan and surrounding states dominated by Detroit’s Big Three, but also farther south where backers of Japanese car makers worry about the fate of current and future plants in the region.

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Building the Future: Six New Hong Kong Companies

Hong Kong is home to a growing number of startups that are making technological advances in fields from robotics to Internet finance.

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BHP Spinoff Makes Mixed Debut

South32, the miner spun off by BHP Billiton, fell in Sydney in its first trading on Monday, but later posted gains in London and Johannesburg.

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Starbucks, Spotify Team Up

Starbucks is teaming up with Spotify to allow subscribers of the music-streaming service to get reward points that they can redeem at the coffee giant, in the first of what Starbucks CEO Howard Schultz said will be many similar tie-ups with other companies.

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Talking Cars Face Demands for Their Airwaves

An effort to develop safer cars by letting them communicate location and speed over airwaves is running headlong into a scramble for wireless spectrum by phone and Internet services.

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Skechers Hits Its Stride in U.S. Sports Footwear Market

Casual footwear brand Skechers is now outpacing traditional athletic shoe companies at their own race.

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Urban Outfitters' Profit Falls

Urban Outfitters said its earnings fell 13% on weaker margins that masked the mall-based retailer’s broad sales growth.

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Regulators Step Up Heat on Chrysler Over Recalls

Federal regulators are stepping up the heat on Fiat Chrysler Automobiles NV over the pace of repairs to older Jeeps involved in fiery rear-end crashes and the company’s handling of other vehicle recalls.

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Appeals Court Affirms Samsung Infringed on Apple's iPhone Patents

A federal appeals court handed a partial victory to Apple, upholding court filings ruling Samsung Electronics infringed the iPhone maker’s intellectual property but setting aside part of a $930 million jury award.

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WTO Rejects U.S. Meat 'Origin' Labels

The World Trade Organization ruled that country-of-origin labels required by the U.S. discriminate against livestock from Canada and Mexico.

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Union Tries to Court Disgruntled Franchisees

The union seeking to organize fast-food workers is adopting the unusual tactic of trying to form an alliance with disgruntled franchisees of big chains.

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IMF Estimates Trillions in Hidden Fossil-Fuel Costs

An International Monetary Fund report estimates consumers should be paying $5 trillion more a year for energy to cover the costs of fossil-fuel use.

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U.S. Home Builders Remain Wary

Confidence among U.S. home builders fell for the fourth time in five months, a sign the housing market may be slow to pick up after an up-and-down winter.

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China Mobile Games Gets Buyout Offer

China Mobile Games received a preliminary acquisition proposal from a unit of Chinese investment bank Orient Securities that values the mobile games publisher and developer at roughly $673.2 million.

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Lane Bryant Owner to Buy Ann Taylor

Ann Inc. agreed to sell itself to Ascena Retail for about $2.2 billion in a deal that combines recognizable women’s apparel brands like Lane Bryant, dressbarn and Ann Taylor.

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Endo to Buy Par Pharma

Endo International agreed to buy Par Pharmaceutical from private-equity firm TPG for about $8 billion in a cash-and-stock deal that will help boost its generics business.

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Thai Economy Struggles to Grow as Exports Wilt

Thailand’s modest economic growth in the first quarter of 2015 is casting a shadow on the recovery of Southeast Asia’s second-largest economy.

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Airlines Expect Record Passengers This Summer

U.S. airlines are expecting record passenger loads this summer, a 4.5% increase over last year’s June 1 to Aug. 31 period.

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At Chobani, Rocky Road From Startup Status

Chobani, which helped spawn the craze for Greek yogurt, is naming a new CEO in coming months as part of its plan to recover from stumbles by its inexperienced founder.

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Trader Wrestles With Lehman Estate Over Big Bonus

Ex-Lehman trader Jonathan Hoffman and the firm’s estate are battling in bankruptcy court over $83 million in bonuses he says he is owed.

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Wish, a Direct-From-China Shopping App, Lures Bargain Hunters

Wish, an online bazaar for unbranded clothes, jewelry and other products, most of them sent directly from China, is attracting users who are willing to wait weeks for delivery in exchange for what they view as bargains.

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How Aging Millennials Will Affect Technology Consumption

As the biggest generation in America—millennials—spends the next five years racking up points for hitting various life milestones, such as children, car, home and debt, it’s worth asking what are consequences for consumer technology and the firms that create it.

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With Jet, Honda Enters New Realm

Honda is finally getting its wings. The Japanese company is preparing to deliver one of its most unusual innovations: an ultrafast business jet that carries its engines above its wings.

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Booksellers Heap Promotions on New Harper Lee Novel

Booksellers nationwide are banking on the new novel by ‘To Kill a Mockingbird’ author Harper Lee, set for release July 14, to attract customers, and plan to promote it with events like film screenings and read-a-thons.

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After Prison, Landing a Job Is Tricky

Americans who have been behind bars find it hard to find work: Former inmates are subject to thousands of restrictions, most of them employment-related. Officials aim to get more ex-offenders back to work.

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Target Puts Some Food Suppliers on Back Burner

Target has told food suppliers including Campbell, Kraft, General Mills and Kellogg that it will put less money and effort into promoting some of their products, emphasizing fresher and fancier items instead.

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Alibaba Sued Over Alleged Counterfeits

Kering, the owner of Gucci and other luxury brands, has filed a fresh lawsuit against Alibaba, the latest challenge to the Chinese e-commerce giant’s assertions that it fights the sale of counterfeit goods on its platforms.

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Ruling Raises Questions for Energy Partnerships

A recent court ruling is sending tremors through the booming business of forming energy partnerships, after a judge suggested that a company involved in these deals hadn’t looked out for the partnership’s interests.

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Shell Deal Puts BG Gas Asset at Risk

BG’s $70 billion merger with Shell could cost Shell a Kazakhstan natural-gas field.

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'Pitch Perfect 2' Trounces Competition

“Pitch Perfect 2” stopped the show at the box office this weekend, grossing an estimated $70.3 million in first place–more than double the sequel’s $29 million budget.

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What Should a Currency Be Worth? No One Knows

As debate over the Pacific trade deal intensifies, U.S. lawmakers find themselves entangled in a complicated currency-valuation calculus that even the IMF and WTO haven’t been able to pin down.

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Under Armour Pulls 'Band Of Ballers' T-Shirt

Under Armour plans to stop selling a T-shirt with the term “Band of Ballers” after complaints it offended members of the armed services.

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Target, Wal-Mart to Show if Turnaround Efforts Are Working

Target and Wal-Mart are about to show whether their turnaround strategies are succeeding in shaking loose more spending from stubbornly frugal American shoppers. Wal-Mart reports on Tuesday, and Target on Wednesday.

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FBI Delves Into Dubious Avon Bid

The bidder of an apparently bogus takeover offer was said to be registered in a cluster of Indian Ocean islands.

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Belgian Watchdog Raps Facebook for Use of Personal Data

Belgium’s privacy watchdog sharply criticized Facebook for treating the personal data of its users “with contempt” and failing to cooperate with its inquiries.

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Hertz to Raise Car Rental Rates

Hertz will raise U.S. airport retail car-rental fees by $5 a day and $20 a week, starting next month. The move is a gamble by a new CEO to boost profits in a competitive market.

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Can Google Outsell Amazon and eBay?

Google will launch buy buttons on its search-result pages in coming weeks, a controversial step by the company toward becoming an online marketplace rivaling those run by Amazon.com and eBay.

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Blue Bell Will Lay off 1,450 Employees

Ice-cream maker Blue Bell Creameries LP said it would lay off 37% of its 3,900 employees as it works to recover from a sweeping recall of all its products last month because of a listeria outbreak.

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U.N. Agency Adopts Polar Code to Prevent Sea Pollution

The U.N. agency tasked with regulating the world’s oceans adopted new rules aimed at preventing sea pollution from ships sailing through the ice-chocked waters of the Arctic and around Antarctica.

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Why the Economy, and the Fed, Keeps Getting Knocked Off Track

The peril of a slow-growing economy is that even small disturbances can knock it off stride, a reality now bedeviling the U.S. and policy makers.

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High Dollar Pushes Foreigners Out of U.S. Housing

Many deals in markets that have long counted on foreign buyers are no longer as attractive for those paying in rubles, euros or Canadian dollars.

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Early May Consumer Sentiment Falls Sharply

Consumers turned more skeptical about the economy in early May, according to data released Friday. The turn suggests there will be no quick pickup in consumer spending.

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Hon Hai Enjoys Big iPhone Bump

Contract manufacturer Hon Hai, which derives almost half of its revenue from Apple, posted a 56% rise in first-quarter earnings.

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Icahn Takes Stake in Lyft

Carl Icahn takes a $100 million stake in Lyft, calling its valuation relative to ride-sharing rival Uber Technologies a big bargain.

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U.S. Industrial Production Falls for Fifth Straight Month

U.S. industrial production fell for the fifth consecutive month in April, suggesting weak global demand, a stronger dollar and lower oil prices continue to limit output.

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Farmers Fight Salty Wastewater

Energy companies and farmers are at odds over pipeline spills—not of oil but of salty wastewater that is a byproduct of oil production. Farmers want tighter rules to prevent spills.

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Startups Upend Japan's Famously Old-Fashioned Fish Market

Companies use new apps to cut out seafood industry’s decades-old use of middlemen.

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Netflix in Talks to Take Content to China

Netflix has spoken with Chinese online broadcasting companies BesTV and Wasu about taking its content to China.

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FedEx Loses Motion to Dismiss DOJ Drug-Shipping Charges

FedEx lost a motion to dismiss Justice Department charges of conspiracy to distribute controlled substances related to its alleged role in transporting illegal prescription drugs.

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When E. Coli Becomes a Business Opportunity

Dozens of companies are sprouting to help U.S. food makers tackle a wave of new federal safety regulations and intensified enforcement of the nation’s food laws.

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Art Market Sees New Auction Highs, New Rules

A flurry of daring foreign buyers is changing the dynamics of the once-staid art scene.

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Dairy Queen Orders Sodas Out of Kids' Meals

Dairy Queen plans to remove soda from its children’s menu in September, becoming the latest fast-food chain to do so amid obesity and health concerns.

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Competition Hits 'Candy Crush' Maker

King Digital Entertainment posted a 29% rise in first-quarter net profit Thursday but warned about weak revenue throughout the first half of the year, a sign some players are having a crush for competing games.

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Samsung Group Moves Ahead With Succession Process

Jay Y. Lee was elected chairman of the boards of two Samsung charitable foundations, likely another step in Samsung’s succession process.

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BHP Spinoff Could Prove Hard to Value

Shares in BHP Billiton’s spinoff company South32 start trading Monday, but investors are still unsure what the new company is worth, as the price outlook for its industrial commodities has been souring.

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Laundry-Pod Poisonings Piling Up

Poisonings and other accidents involving concentrated laundry-detergent packets continue to be a problem in the U.S., despite changes made to packaging and labeling.

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Economists' Forecast: Here We Grow Again

WSJ Survey: Forecasters expect the U.S. economy contracted during the first quarter, much like 2014. They expect a rebound during the rest of the year, much like 2014.

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Avon Said to Receive Phony Bid

Avon hasn’t received a bid from PTG Capital and is treating the purported proposal as a hoax.

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Mexico Cracks Down on Junk Food in Schools

Mexico has taken a page from the playbook of U.S. first lady Michelle Obama by restricting high-calorie foods in schools, as the country struggles to reverse a stubborn obesity trend.

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GM to Invest $1 Billion in Warren, Mich., Tech Center

General Motors said its global investment spree will include bulking up white-collar operations, with the auto maker committing to spend $1 billion to refurbish an iconic technical center in suburban Detroit that has long served as its engineering and design hub.

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Bombardier to Cut 1,750 Jobs

Plane and train maker Bombardier plans to cut about 1,750 jobs as a result of slowing demand for business jets in some international markets.

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U.S. Producer Prices Fall 0.4% in April

A gauge of U.S. business prices fell in April, the latest sign of persistently low inflation across the economy.

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U.S. Jobless Claims Fall to 264,000

The number of Americans applying for first-time unemployment benefits dipped last week, a sign of broad health in the labor market

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EU Uncertainty Hasn't Hurt U.K. Investment, Says Carney

Uncertainty about whether the U.K. will remain in the European Union hasn’t deterred British businesses from investing, although clarity on the issue would be a positive development for the economy, Bank of England Governor Mark Carney said.

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Alibaba to Focus on Overseas Expansion

Alibaba Group Holding will prioritize overseas expansion, its new chief executive told employees, as it focuses on cross-border sales and hiring.

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Sharp Pins Down $1.7 Billion Bailout

Sharp said it secured a $1.67 billion bailout to keep its struggling operations afloat in exchange for deep cost-cutting steps.

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Telefónica Boosted by Gain After O2 Sale

Telefónica’s first-quarter net profit more than doubled, mostly because of an accounting change after agreeing to sell its U.K. unit.

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$30,000 Baby: U.S. Sees Boom in Fertility Treatments

As more American women delay childbearing until their late 30s and 40s, the reproductive-assistance industry has soared; couples can get loans, package deals on in vitro fertilization.

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Christie's Sells Rothko for $82 Million, Hits Milestone

Christie’s sold a rust-colored Mark Rothko abstract for $82 million as part of a $658.5 million sale Wednesday.

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Indian Prime Minister Prods Coal Monopoly

Prime Minister Narendra Modi’s dual coal strategy of cutting red tape and sparking competition typifies his approach to getting the cumbersome Indian economy to work better.

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Facebook Pushes Speedier News Publishing

Facebook unveiled an initiative in which nine media organizations will publish content directly on Facebook’s iPhone app, rather than just links.

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Peltz, Trian Lose Bid for DuPont Seat

DuPont repelled a push by Nelson Peltz and his firm to join its board in a big victory for the industrial giant.

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Cisco Tests Wiring in the Supply Chain

When it comes to the ‘Internet of Things,’ the technology giant is practicing what it preaches as the company seeks energy savings at a factory.

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In China, Legal Status of Golf Courses Is Full of Holes

A popular club is set to close as the government swings at what many consider a ‘bourgeois’ sport. On a recent day, members smoked cigarettes and snapped selfies.

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AOL Boss Stands to Get $180 Million

AOL CEO Tim Armstrong stands to net nearly $180 million from the sale of his company to Verizon, though he won’t be eligible for a good chunk of that money until a year after the deal closes.

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Women Started Smaller Percentage of U.S. Businesses in 2014

Women opened just 36.8% of new U.S. businesses in 2014, according to new data. That is down from an average of 40.7% over the last 19 years—and almost at the low point of 36.7% reached in 2007.

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Who's Responsible When a Driverless Car Crashes? Tesla's Got an Idea

Tesla Motors will soon equip newer Model S sedans with semiautonomous features, including a capability to pass other cars without driver intervention.

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J.C. Penney Loss Narrows, Sales Increase

J.C. Penney Co.’s first-quarter loss narrowed in about half as the retailer reported lower costs and an uptick in sales.

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Standard General Wins Auction of RadioShack Brand

Standard General has been declared the new owner of the RadioShack brand.

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Frontier Airlines CEO Resigns

Frontier Airlines said its CEO Dave Siegel resigned for personal reasons, a management shake-up that poses another challenge for the Denver-based airline that’s trying to reinvent itself as an ultradiscount carrier.

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Missing in Financial Rules Debate: Hard Numbers

Capital Account: Chief economics commentator Greg Ip says it’s time to anchor the debate over the Dodd-Frank financial overhaul to the rigor of cost analysis.

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Meetup.com Aims to 'Get People Off the Internet'

CEO Scott Heiferman expects the number of Meetup.com users to surpass 25 million world-wide later this year. With as many as 20,000 events on any given day, Meetup had more than $20 million in revenue last year, he said.

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Drones Boom Raises New Question: Who Owns Your Airspace

U.S. communities are grappling with a surge in drone use that is raising safety and privacy concerns—and thorny legal questions—about a slice of sky officials have largely disregarded.

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Owens-Illinois to Buy Mexican Glass Container Business

Owens-Illinois has agreed to buy Vitro S.A.B. de C.V.’s food and beverage glass container business for $2.15 billion in cash, a move that will give Owens-Illinois a foothold in the Mexican glass-packaging market.

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Renault's Ghosn Defends Global Auto Partnerships

The CEO hits back at the French government’s move last month to increase its influence at Renault.

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Macy's Sales, Profit Miss Expectations

Macy’s reported weaker-than-expected sales and profit in the first quarter, as some of the retailer’s merchandise shipments were snarled in clogged West Coast ports and severe winter weather damped sales.

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Danaher to Buy Pall, Split Up Businesses

Danaher said it has agreed to buy Pall Corp. for about $13.6 billion and unveiled plans to split itself into two publicly traded companies.

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DuPont Appears Poised to Win Over Peltz

DuPont appeared headed toward a victory in a close vote Wednesday over Trian Fund Management LP’s campaign to land seats on the chemical giant’s board, a person familiar with the situation said.

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U.S. Retail Sales Flat in April

U.S. retail sales barely budged in April, a sign of continued consumer caution heading into the spring.

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