South Korean Exports Fall on Lower China Shipments

South Korea said exports posted their sharpest fall in six years in August as shipments slumped to China.

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Inside Kellogg's Effort to Cash In on the Health-Food Craze

Fixing its Kashi brand, says the CEO, is key to bulking up sales in the fast-growing natural and organic food aisles.

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California Lawmakers Approve Equal-Pay Measure

California lawmakers gave final approval to legislation that seeks to ensure equal compensation for women in the workplace by prohibiting employers from paying differing wages to employees who do “substantially similar work.”

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China Manufacturing PMI Slips

China’s official manufacturing purchasing managers index fell to 49.7 in August from 50.0 a month ago, indicating a contraction.

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Crackdown on Racial Bias Boosts Some Auto-Loan Costs

A federal regulator’s campaign to fight bias against minorities is changing the way many car loans are priced, a move that is increasing costs for some consumers.

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Japan's Most Powerful Follow the Sensei of Seaweed

Where do Toyota and other Japanese companies go for management advice? To Ina Food, a small company that turns seaweed into a gelatin-like substance called agar.

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Blue Bell Ice Cream Returns to Store Shelves

Cartons of Blue Bell ice cream began reappearing in grocery stores in cities Monday, a major step after the ice-cream maker yanked all its products following a deadly listeria outbreak and faced a financial crisis.

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Patent-Law Change Would Raise Medical Costs

A patent law change pushed by the pharmaceutical industry could cost federal health-care programs $1.3 billion over a decade by delaying new generic drugs, the Congressional Budget Office estimates.

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StubHub Gets Out of 'All-In' Pricing

Nearly two years after shifting to “all-in” pricing, ticket-resale giant StubHub is reversing course and returning to its old system of adding 15% to 17% at the last minute.

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Air Force Official Predicts Private Launches for Military Satellites

Budget pressures are pushing Pentagon planners to consider outsourcing satellite launches, routine military communication links and even some space-based surveillance operations to industry, a senior Air Force official said.

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White House Readying Sanctions Plan Against Chinese Firms for Cybertheft

The White House is readying a menu of sanctions against Chinese state-owned enterprises and private companies that officials believe benefited from the cybertheft of U.S. corporate secrets.

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Bristol-Myers Granted Right to Buy Promedior

Bristol-Myers Squibb said that it has been granted the exclusive right to buy privately held Promedior and its experimental fibrosis treatment for up to $1.25 billion.

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Samsung Takes Smartwatch Fight to Apple

Samsung plans to unveil a new smartwatch, as the company attempts to prove that it can outshine Apple on design in a nascent product category.

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Forever 21 in Talks for $150 Million Loan

Teen retailer Forever 21 is experiencing growing pains and turning to outside investors for some help, with sources saying it is in talks to obtain a $150 million loan.

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RadioShack Creditors Sue Hedge Fund Standard General

RadioShack’s junior creditors are suing Standard General, the company’s largest prebankruptcy shareholder and current owner, in a last-ditch effort to get paid.

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Wal-Mart Cuts Worker Hours at Some Stores

Wal-Mart Stores Inc. is cutting employee hours at some stores, in an effort to reduce costs as the world’s largest retailer addresses declining profitability.

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Asian Pilot Demand Lifts Flight Schools

Flight schools in Australia and the U.S. are aiming to tap the boom in commercial aviation in Asia, where airlines face a shortage of pilots.

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Startups Put Data in Farmers' Hands

Farmers and startups like Farmobile and Granular are starting to compete with agribusiness giants over the newest commodity being harvested on U.S. farms—data.

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Russia Puts Off Data Showdown With Technology Firms

Facebook, Google and Twitter are among the U.S. companies that are getting more time to comply with new law requiring Russian data centers.

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Apple, Cisco Unveil Business Partnership

Apple Inc. and Cisco Systems Inc. are teaming up to help bring more iPhones and iPads to business users.

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Google, Sanofi Team Up on Diabetes Research

The Internet company said its health-care-research unit plans to work with European pharmaceutical major Sanofi on new ways to monitor and treat the condition.

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Iran Deal Could Open Door to Gulf Businesses

While executives in the Gulf see opportunities, the region’s governments remain at loggerheads on other issues.

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Canadian Oil Sands Halts Crude Production at Syncrude

Canadian Oil Sands Ltd.has halted production at its Syncrude project in northern Alberta after a fire damaged equipment at its synthetic crude oil processing facility.

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U.K. Approves Giant North Sea Gas Project

A.P. Møller-Maersk A/S said it has received approval to develop the $4.5 billion Culzean gas field, the largest new find in the U.K. North Sea for a decade.

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In Japan, Foreigners Fill Workforce Gaps

Non-Japanese are taking a bigger role in powering Japan’s economy, as a labor shortage impels the nation to overcome its longstanding resistance to foreign workers.

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Mims: What to Expect When You're Expecting an Apple Car

Keywords: On its face, a car seems like a disastrous thing for Apple to build, writes Christopher Mims. One of his predictions about the Apple car: If Apple does go forward with it, the company is playing a long game, one that could easily span decades.

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For Emerging Markets, 2015 Isn't 1997

Capital Account: Falling currencies aren’t a sign that a repeat of the 1997 emerging-market crisis is brewing. But China’s slowdown and the accompanying slump in commodity prices are exposing structural weaknesses those economies have neglected for too long, Greg Ip writes.

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Campbell's Quest for Souped-Up Sales

In the past year, Campbell Soup started making organic varieties of classic products, cut its use of artificial ingredients, and pledged to remove high-fructose corn syrup from more foods. On Thursday, it will shed light on whether those efforts are souping up lackluster sales.

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Alibaba Targets Rural China for E-Commerce Growth

China e-commerce titans Alibaba and JD.com, facing a slowdown in the growth of their core urban customers, are battling to crack a new frontier: the sprawling countryside with some 600 million potential shoppers.

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Apple's Ad Blockers Raise Tensions

Apple’s move to make it easier to block ads on iPhones and iPads is troubling publishers and heightening tensions with its Silicon Valley neighbors like Google.

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Netflix Ends Epix Cable Deal, Pulling High-Profile Films

Streaming service to focus on originals and exclusives; Hulu lands a film trove

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Suppliers Feel Pain as Coal Miners Struggle

As big coal miners struggle, their equipment suppliers—thousands of businesses sprinkled throughout Pennsylvania, West Virginia, Ohio and Kentucky—are scrambling to find new customers anywhere they can.

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Facebook Moves to Help Sift Out Unauthorized Video

Facebook, under fire from top Web-video creators who say it fails to prevent their videos from being posted without permission, is trying to make it easier for them to protect their content, particularly when videos go viral.

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Eni Reports Huge Natural-Gas Discovery off Egypt

Eni SpA said it made a massive natural-gas discovery off the coast of Egypt in what the Italian oil-and-gas company is calling the largest ever find in the Mediterranean Sea.

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BNY Mellon Races to Fix Pricing Glitches

Executives at Bank of New York Mellon Corp. are racing against the clock to make it through a backlog of pricing issues before the markets open Monday morning.

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China Slowdown to Hit Asia Electronics Supply Chain

After several years of torrid expansion, the slowdown in smartphone sales in China is expected to hit Asian parts suppliers.

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Fed Appears to Hold Line on Rate Plan

Federal Reserve officials emerged from a week of head-spinning financial turbulence largely sticking to their plan to raise U.S. interest rates before the end of the year.

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U.S. Port Traffic Hinted at China Slowdown

Long before investors lost faith in the Chinese stock market, something seemed amiss at the ports of Long Beach and Los Angeles. The number of containers coming from China was up, but beginning in 2013, fewer were being sent in the other direction.

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Tribunal Finds Suzuki-VW Alliance Has Terminated

An arbitrator has ruled that an alliance between Suzuki Motor and VW has been terminated and ordered the German car maker to dispose of its 19.9% stake in Suzuki.

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India's Rajan Says Reserve Bank Is in an 'Accommodative' Policy Phase

The Reserve Bank of India is in an accommodative phase of monetary policy, meaning it is looking to reduce interest rates, RBI Gov. Raghuram Rajan said.

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Cnooc's Canada Unit to Comply with Order to Shut Oil-Sands Pipelines

The Canadian unit of Chinese state-controlled energy giant Cnooc Ltd. said it would comply with an order from regulatory authorities forcing it to shut down pipelines at a troubled oil-sands plant in northern Alberta.

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Inmarsat Says Russian Proton Rocket Puts Satellite Into Orbit

Inmarsat declared the launch of a Russian Proton rocket carrying one of its satellites a success after the rocket delivered its cargo into its initial orbit position.

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Sarah Robb O'Hagan: Fitness Is Her Business

The president of fitness company Equinox Holdings on the rise of hardcore workout enthusiasts, how technology is changing health and the upside to losing your job (twice).

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Uber Hires Hackers to Work on Self-Driving Cars' Defenses

The ride-hailing company confirmed it had hired security researchers known for hacking into a Jeep Cherokee’s system.

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Fed's Fischer: 'Good Reason' to Think U.S. Inflation Will Move Higher

The Fed‘s Stanley Fischer said there is “good reason” to think sluggish U.S. inflation will firm and move back toward the U.S. central bank’s 2% annual target, touching on a significant assessment facing the Fed ahead of its September policy meeting.

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Judge Rules for Thornburg Mortgage in Suit Against RBC

A federal judge found that Royal Bank of Canada shortchanged the failed mortgage lender when it seized and subsequently sold some of its assets.

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Rebekah Brooks to Return to News Corp

Rebekah Brooks is expected to head News Corp’s U.K. division, a position similar to one she resigned from amid the phone-hacking scandal. Separately, Britain’s Crown Prosecution Service is reviewing a police referral related to the hacking probe.

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Fed Officials on the Fence for September Move

Federal Reserve officials made clear this week they haven’t decided whether to raise interest rates next month, and the call has become more challenging amid the recent global market turmoil.

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P&G Cuts CEO Lafley's Bonus After Earnings Shortfall

Procter & Gamble cut Chief Executive A.G. Lafley’s bonus by $1.1 million after the consumer-goods company’s sales and profit growth came up short of its targets.

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Pentagon Advances Partnership with Tech Firms for Flexible Electronics

The Pentagon will contribute seed money to a consortium of Silicon Valley firms to develop what defense officials say is a promising new technology incorporating “flexible” electronics.

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Central Bankers Rethink Views on Inflation

Central bankers aren’t sure they understand how inflation works anymore. Inflation didn’t fall as much as many expected during the financial crisis and it hasn’t bounced back as they predicted when the economy recovered and unemployment fell.

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FDA: Some Diabetes Drugs Can Cause Joint Pain

The U.S. Food and Drug Administration said in a safety alert Friday some widely used treatments for Type 2 diabetes can cause severe and disabling joint pain, raising new concerns for a big-selling class of drugs.

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Syngenta Shareholders Not Happy

Some Syngenta AG shareholders are angry over the rejection of takeover proposals from rival Monsanto Co., which then walked away.

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Tesla Wants White House to Press China

Tesla Motors wants the Obama administration to talk to Xi Jingping about making it easier for auto makers to do business in China during the Chinese president’s visit to the U.S.

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CEO of Ashley Madison Parent Steps Down

Avid Life Media, the parent company of infidelity website Ashley Madison, said Friday that its chief executive had left the company.

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Mylan Holders Approve Perrigo Purchase

Mylan said Friday that its shareholders have approved its proposed $35.6 billion takeover of Perrigo and it will launch a formal offer soon.

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U.S. Consumer Spending Rose 0.3% in July

U.S. households spent moderately in July amid a healthy rise in wages.

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Big Oil Faces Prospect of Lower Refining Profits

For much of the past year, the world’s biggest energy companies suffered through an oil-price rout with one silver lining: Their little-loved refineries were churning out big profits again. Now, that bright spot could be fading, even as oil prices sink.

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'Craft' Bourbon Is in the Eye of the Distiller

“Craft” distilleries have mushroomed in the U.S. to 588 from 51 over the past decade. Feeling the heat from the new competition, global liquor conglomerates are getting in on the act, and not letting definitions get in the way.

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Investor Group Considering Cutting Bid for China's Qihoo 360

The consortium has offered $9 billion for the tech firm in what would be the largest take-private deal of a U.S.-listed Chinese company.

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China's Moves Won't Help U.S. Tech Firms

China’s moves to spur its slowing economy are having an important but less obvious effect on the tech sector: Strengthening local companies that were already making life difficult for U.S. rivals.

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Hermès Warns of Currency Pressure

French luxury-goods company Hermès International warned that volatile currencies will erode its profitability in the second half of the year with profit seen rising more slowly than sales.

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How Brazil's China-Driven Commodities Boom Went Bust

Brazil’s big bet on China is turning sour as the Asian country’s once voracious appetite for Brazilian exports dims.

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Icahn Discloses Stake in Freeport-McMoRan

Activist investor Carl Icahn disclosed a 8.5% stake in mining-and-energy giant Freeport-McMoRan on Thursday, saying its shares are undervalued and that he plans to talk with management about costs.

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China's Turbulence Exposes Risks to Europe's Growth

The Eurozone’s heavy reliance on exports leaves the region vulnerable as emerging markets stumble.

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School for Mermaids Makes a Splash

Wannabe mermaids are strapping on monofins and taking to pools and beaches around the world. A school for mermaids in Spain teaches students how to do flips and dives.

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Luxury Brands Push Deeper Into India

As sales growth slows in China and other big markets, luxury-goods makers are seeking to cash in on patches of new wealth in often-unexpected parts of India, where there is a growing appetite for luxury brands.

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FDA Approves New Amgen Cholesterol Drug

Amgen’s Repatha cholesterol-lowering drug belongs to a new drug class that promises help for patients seeking alternatives to statins.

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Southern California Ports to try Trucking Appointment System

The ports of Los Angeles and Long Beach will require trucks to stick to a schedule when picking up containers, the latest proposal to fight congestion

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Fed Urged Not to Waver on Rate Rise

After months of forewarning by the Federal Reserve that it is preparing to raise short-term interest rates, some international officials have a message: Get on with it already.

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Baha Mar Files Restructuring Plan in U.S. Court

Baha Mar Ltd. has filed a plan outlining the way the $3.5 billion stalled resort project in the Bahamas hopes to restructure in chapter 11 ahead of a hearing Friday to dismiss its U.S. bankruptcy case.

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Google Rebuffs European Union on Antitrust Charges

Google rebuffed the European Union’s demand that it change the way it ranks online comparison-shopping services in its search results, setting up a potentially drawn-out legal battle.

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UberChina Closing In on $1 Billion in New Funding

The Chinese affiliate of Uber is close to securing about $1 billion in new funding from investors in the region, part of the ride-hailing company’s rivalry with deep-pocketed Chinese rival Didi Kuaidi

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Sprint Takes Aim at AT&T

Sprint said it would give away a free year of wireless service to DirecTV subscribers who switch to the carrier—a direct attack on AT&T Inc., which recently completed a $49 billion acquisition of the satellite TV provider.

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GameStop Profit Rises

GameStop said its earnings rose 2.8% as the videogame retailer’s efforts to expand its product lines helped buoy sales but raised costs for the quarter ended in August.

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NLRB Ruling Puts More Companies on the Hook for Temporary Workers

A federal labor ruling released Thursday could put thousands of companies on the hook for workplace disputes and union-organizing matters involving temporary and franchise workers.

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McDonald's, Tyson Cut Ties to Farm Over Alleged Animal Abuse

McDonald’s and Tyson Foods severed ties with a Tennessee poultry farm after an animal-rights group on Thursday released video footage from the facility that showed chickens being stabbed, clubbed and crushed to death.

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Ruling Paves Way for Trial on Caesars Creditor Lawsuit

A federal judge said Caesars Entertainment and a group of bondholders should prepare for a trial in a lawsuit over Caesars’ guarantees of billions of dollars of its operating unit’s debt.

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FDA Warns Cigarette Makers on 'Natural' Labeling

The FDA sent warning letters targeting the owners of top-10 cigarettes brands Winston and Natural American Spirit for violating federal law by marketing the brands as “additive-free” or “natural.”

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Lilly Lung-Cancer Drug Stirs Price Debate

An experimental Eli Lilly & Co. lung-cancer drug hasn’t reached the market, but some doctors are already weighing in on how much it should cost—arguing the price should be below average because the drug extended patient lives by only six to seven weeks in a clinical trial.

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Dole Executives Ordered to Pay $148 Million in Buyout Suit

A Delaware judge ordered Dole Food’s chief executive and a former official to pay shareholders $148 million, ruling that CEO David Murdock’s 2013 buyout undervalued the fruit grower.

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Pending Home Sales Index Rises

The National Association of Realtors said its pending home sales index rose 0.5% in July from the previous month.

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German Car Makers Shift Gears as China Slows

At BMW AG’s annual results presentation in March, former Chief Executive Norbert Reithofer warned of a coming slowdown in China. On Thursday his prediction seems optimistic.

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Smucker Results Top Expectations

J.M. Smucker reported better-than-expected profit and revenue growth for its first quarter, helped by a jump in U.S. coffee sales after a new-product launch and improvements in pricing.

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U.S. GDP Expands at 3.7% Pace in Second Quarter

The U.S. economy expanded at a faster pace than initially thought in the second quarter as businesses ramped up investment but also built up inventories, offering mixed signals for growth prospects the rest of the year.

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U.S. Jobless Claims Fall

The number of Americans seeking first-time unemployment benefits fell last week, suggesting the labor market remains healthy.

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Oil Exploration Companies Scramble to Cut Costs

Across the oil exploration industry, smaller companies are renegotiating drilling commitments, selling off stakes in licenses and canceling plans to drill exploration wells—whatever it takes to pare back budgets that once hinged on expensive drilling programs.

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Tiffany Reports Profit Decline as Dollar Continues to Hit Revenue

Tiffany said profit slid 15% in its latest quarter, as the luxury brand continues to struggle with a stronger dollar’s effect on sales.

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Groups Complain to FDA About Natural American Spirit Cigarettes

Antitobacco activists and health groups criticize Reynolds American’s advertising of the brand’s organic tobacco.

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Line Scraps IPO Plans

Plans to list Line Corp., owner of the Line smartphone-messaging app—hugely popular in Japan but struggling to expand elsewhere—have been put off for the second straight year.

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Sanctions Bite Massive Gas Project in Russian Arctic

A race to shore up funding for the $27 billion Yamal LNG energy project in the Russian Arctic has emerged as a test of Moscow’s ability to weather Western sanctions.

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Total Sells Assets Worth $905 Million

French oil company Total has agreed to sell a gas pipeline and gas terminal in the North Sea to North Sea Midstream Partners for 585 million pounds ($905 million) as it battles against the oil price collapse.

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CRH to Buy C.R. Laurence for $1.3 Billion

CRH PLC reported a slight increase in net profit for the six months to June 30 as the Irish building materials group also announced it was paying $1.3 billion to buy U.S. glazing products company C.R. Laurence Co.

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New Labor-Board Rule Speeds Union Votes

Business groups that feared a new federal rule would speed union-organizing elections were right: The average election time has fallen 40% since the rule took effect in April.

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Pernod Ricard Hit by Absolut Write-Down

Pernod Ricard said fiscal full-year profit fell 15% as the company took a hefty write down on its flagship Absolut vodka brand.

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DP World Profit Stacks Up

DP World’s first-half profit rose 22% as the global ports operator handled more cargo and its acquisition of a logistics and industrial parks company in Dubai boosted earnings.

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This Pilot Doubles as a Chinese-Food Delivery Guy

On Block Island, Chinese takeout is flown in by New England Airlines, a small, regional carrier that doubles as a food delivery service for the popular summer resort.

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Amazon Curtails Development of Consumer Devices

Amazon is scaling back its efforts to develop consumer devices, laying off dozens of engineers at its secretive Lab126 hardware-development center and trimming or halting other projects.

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The New Orleans Economy Ten Years After Katrina

Residents and tourists have returned to New Orleans in the decade since Hurricane Katrina, but the city’s economy remains skewed toward low-wage jobs.

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Netflix Viewership Finally Gets a Yardstick

Nielsen is beginning to crack open the tight lid that Netflix and other video-streaming services keep on viewership data. By tracking some 1,000 shows, Nielsen could give studios more leverage in content-licensing talks.

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Winners and Losers in China's Upheaval

China’s economic slowdown is shaking the fortunes of multinationals that do business there, but the effect is uneven. Those that fed the traditional boom industries of infrastructure, energy and steel are hurting. In contrast, companies catering to consumers are faring better.

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Port of New York and New Jersey Saw Record Container Traffic in July

The port, America’s third-busiest, reported that volumes rose 14.1% from a year earlier, though imports of loaded containers grew at the slowest rate since April

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Molycorp to Suspend Production at California Mine

Molycorp Inc. on Wednesday said it would mothball its mine in California, laying off almost 500 workers and suspending the sole U.S. source of elements used in high-tech products.

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Brown Forman Sales Fall

Brown-Forman reported on Wednesday that revenue fell 2% in its July quarter, hurt by foreign currency fluctuations.

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Boeing Settles Retirement-Plan Class Action

Boeing Co. agreed Wednesday to a preliminary deal to settle a long-running lawsuit accusing the company of mishandling its 401(k) plan to the detriment of its employees.

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Wal-Mart to Stop Selling Semiautomatic Rifles

Wal-Mart Stores Inc. will soon stop selling semiautomatic rifles, removing what has become a politicized item from shelves for reasons the retailer says are purely business.

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Chrysler Says It Can Survive With or Without Partner

Fiat Chrysler Automobiles NV Chief Executive Sergio Marchionne told thousands of dealers this week the auto maker can survive as a stand-alone even after a public campaign to find a potential partner.

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Guess Gives Muted Guidance as Sales Fall

Guess gave muted earnings guidance for the current quarter on Wednesday, as sales fell 10% in the most recent quarter amid currency fluctuations.

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Avago Revenue Rises 37%

Avago Technologies said revenue rose 37% in its latest quarter, led by the chip maker’s wireless communications and enterprise storage segments.

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RadioShack Plans to Refund Some Gift Cards in Full

Lawyers for the former RadioShack Corp. on Wednesday outlined a settlement of a lawsuit over about $40 million in unredeemed gift cards, many of which are now likely to be repaid in full.

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For Emerging Markets, 2015 Isn't 1997

Capital Account: Falling currencies aren’t a sign that a repeat of the 1997 emerging market crisis is brewing. But China’s slowdown and the accompanying slump in commodity prices are exposing structural weaknesses those economies have neglected for too long, Greg Ip writes.

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Monsanto Drops $46 Billion Bid for Syngenta

Biotech seed giant Monsanto has dropped its roughly $46 billion bid for pesticides-focused rival Syngenta, bringing an end to a strongly resisted takeover bid that would have reshaped the global agriculture industry.

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Fed's Dudley: Case for September Rate Increase Now Less Compelling

New York Fed President William Dudley said that prospects of a U.S. central-bank rate rise next month have dimmed amid rising concerns about events happening outside of America’s borders.

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U.S. Durable Orders Rose 2% in July

Orders for long-lasting manufactured goods rose in July for the second straight month, suggesting improving optimism among businesses.

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Schlumberger to Buy Cameron for $12.7 Billion

Schlumberger said it agreed to buy Cameron International for about $12.7 billion in cash and stock.

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Rovio Cuts Jobs

Finnish computer game developer said it plans to lay off as many as 260 employees, over a third of its staff, amid declining profit and revenue.

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Abercrombie & Fitch Swings to Loss But Hollister Shows Improvement

Abercrombie & Fitch swung to a loss, hurt by weaker sales, but moves to reposition its Hollister brand showed signs of improvement and the company’s adjusted bottom line was much better than analysts had expected.

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The Flood of Bottled Water

Thirst for bottled water keeps growing, despite the added cost and added plastic. U.S. bottled water volume rose 7% last year, and the number of brands—including enhanced and other specialty waters—has exploded into the hundreds.

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U.K., Irish Firms Agree $8 Billion Sports-Betting Merger

Paddy Power and Betfair have agreed to a near $8 billion merger to create an international sports-betting and online-gambling group with leading positions in the U.K., the rest of Europe and Australia.

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Blackstone Shows No Fear of Chinese Volatility

The U.S. private-equity firm is looking for buying opportunities in China’s commercial property market amid slowing growth and market turbulence there.

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WPP Posts Sharp Rise in First-half Profit

WPP PLC, the world’s largest ad holding company Wednesday posted a sharp rise in net profit, despite concerns about the strength of the U.K. pound and continuing geopolitical tensions.

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Fiat Chrysler Outlines Vehicle Strategy

CEO Sergio Marchionne laid out plans for future U.S. products at a meeting of dealers, presenting a blueprint that included a new plug-in minivan, an updated Dodge Charger and new Jeep SUVs.

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Glut of Chinese Steel Looms Large

The world’s biggest producers of iron ore have a problem, and it lies in the steel that has already gone into China’s cars, bridges and skyscrapers.

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Toll Brothers Profit Slides

Luxury home-builder Toll Brothers on Tuesday reported a 32% slide in profit for its July quarter and weaker-than-expected revenue, though signed contracts for homes jumped amid strength in California.

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Pope Francis Memorabilia Gets Really Cheesy

Gearing up for Pope Francis’ six-day visit to Washington, D.C., New York and Philadelphia next month, entrepreneurs are selling all kinds of papal merchandise. Tributes range from blocks of mozzarella to T-shirts to toasters.

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Lixil Director Aims to Lead the Charge Against Japan's Glass Ceiling

Lady Barbara Judge, a former SEC member and a non-Japanese, wants to help Japan break its glass ceiling for women in leadership positions.

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Workers Get New Tools for Airing Their Gripes

A host of firms have lately been experimenting with online tools that allow co-workers to send one another criticism or praise, sometimes anonymously.

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Cell Carriers Battle for Wi-Fi Airwaves

A battle is brewing among tech giants over the future of Wi-Fi, the unregulated wireless connections at the core of the mobile Internet.

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China Remains a Key Commodities Player

The fear that China’s appetite for commodities is falling is rattling markets, but the country’s sheer scale means it will continue to shape the commodities trade.

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Oshkosh Wins $6.7 Billion Military Contract to Replace Humvee

Oshkosh Corp. was awarded a $6.7 billion contract to build the first batch of as many as 55,000 light trucks to replace the aging Humvees used by the U.S. Army and Marine Corps, the Pentagon said Tuesday.

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Transocean Seeks to Cancel Two Dividend Payments

Transocean Ltd. is seeking to cancel the third and fourth installments of its dollar-denominated dividend this year, which the company had already approved in May.

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D.C. Regulators Reject Pepco-Exelon Merger

Utility regulators for the District of Columbia rejected Exelon’s $6.8 billion bid to purchase Pepco, which would have created one massive power utility company serving customers across several states.

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Boeing Fights Class Action Over 401(k) Plan

Boeing heads to court Wednesday to defend itself against a class action alleging it mishandled employees’ 401(k) plans.

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Macy's Mulls Options for Prized Herald Square Building

Macy’s is the latest major retailer to consider spinning off its real-estate assets into a separate company. But first it will have to decide what to do with its prized asset, the landmark building at New York’s Herald Square.

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Central Bankers to Confront Meltdown at Fed's Annual Retreat

Global central bankers are preparing to converge this week in Jackson Hole, Wyo., with a new economic mess on their hands.

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A New Can-Do Spirit at Arizona Iced Tea

Arizona Beverage is expanding output and adding products, hoping to regain lost ground during years of ownership litigation.

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Heartland Food Products to Buy Splenda From J&J Unit

Heartland Food Products Group reached an agreement to acquire the artificial sweetener brand Splenda from a subsidiary of Johnson & Johnson.

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Car Talks: Tech That Gets Your Ride to Open Up

Connected car devices like the Automatic, the Mojio and the Zubie plug into a diagnostic port under your steering wheel to make driving safer, simpler and less costly. Geoffrey Fowler takes them for a test drive.

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Volatility Adds to Pressure on European Central Bank

The ECB is less than a third of the way into pumping more than $1 trillion into the eurozone economy, but it already faces headwinds from global growth concerns, volatile financial markets and falling oil prices.

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Russia Restricting Sale of Some Western Cleaning Products

Russia has restricted the sale of certain U.S. and European-brand laundry detergents, soaps and cleaning products, citing alleged toxicity violations, opening what may be the newest front in Moscow’s battle against Western products in response to sanctions.

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Consumers' View of Economy Improves

Consumers’ view of the U.S. economy improved in August, reflecting better feelings about the labor market.

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U.S. New Home Sales Rise in July

Sales of newly built homes rose in July, a sign that the housing market is slowly recovering.

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CBO Cuts U.S. 2015 GDP Forecast to 2%

Federal budget analysts dropped their estimates for U.S. economic growth after another disappointing first quarter, extending a string of downward revisions to initial forecasts.

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Best Buy Profit Rises More Than Expected

Best Buy reported a better-than-expected 12% profit increase in its second quarter, as sales of large-screen TVs and phones continued to drive sales growth.

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Home Prices Remain Flat in June Case-Shiller Says

Home price growth remained largely flat in June, according to a report released Tuesday, a further indication that the housing market is holding steady after years of turbulence.

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Salesforce.com Unveils Software for Wealth-Management Advisers

Salesforce.com has created a variant of its sales-management tool tailored specifically for the wealth-management industry.

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McDonald's Lands in a Real-Estate Dilemma

McDonald’s has told investors it wouldn’t rule out the possibility of spinning off its real estate, but some analysts say the arguments against a REIT far outweigh those for it.

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China's Central Bank Cuts Rates

China cut its benchmark lending rate to 4.6% and reduced the cash levels banks are required to as China’s stock-market tumble has sent its main stock index down 22% in the past four days.

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BHP Billiton Profit Plunges 86% in Commodity Downturn

The world’s biggest miner reported the drop as prices of commodities have tumbled in recent weeks.

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Warner Bros. in Talks to Produce Movies in China

Warner Bros. is in talks with China Media Capital to form a joint venture that would produce local-language films in China, where the box office continues to grow faster than in any other major market in the world.

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For All Its Heft, China's Economy Is a Black Box

For sheer clout, China’s economy outweighs every country in the world save the U.S. But on transparency, it remains distinctly an emerging market, with murky politics, unreliable data and opaque decision making.

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Forget the Ferrari; Polish Up the Pinto

The Concours d’LeMons is a car show for the “truly awful of the automotive world,” where contestants vie to be “Worst in Show” and compete in categories like “Most Dangerous.”

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Frontier Flies the Cheaper Skies

Executives behind the rise of Spirit Airlines are now transforming Frontier Airlines into a Spirit copycat, part of the rapid expansion of a business model that introduces millions to lower fares, more fees.

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Is a Hacked Vehicle Also Defective?

A safety debate is exploring to what degree a vehicle’s inability to withstand a cyberattack constitutes a safety defect. The ultimate outcome presents potentially significant consequences for car makers.

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Arcelor Finds Unlikely Success in France

A French steel plant given up for dead is now central to ArcelorMittal’s resurgent European operations, but faces fresh challenges from Chinese imports, a weak eurozone economy and new EU environmental rules.

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Economic Forecasting Is Getting More Up-to-the Minute

A new company offers economic forecasts every single minute by trawling the Internet continuously for data, part of a growing push for indicators that are more up-to-date than monthly or quarterly surveys.

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Etihad Got $2.5 Billion Cash Injection from Abu Dhabi

The Abu Dhabi government last year injected $2.5 billion into Etihad Airways, new funding that critics say proves the Persian Gulf carrier is unfairly subsidized by the state in violation of air treaties with the U.S. government.

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Majority of GM Ignition-Suit Claims Rejected

Only 399 of 4,343 claims were eligible for compensation.

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GE Cuts Jobs, Closes Foundry at Lufkin Unit

This year’s slide in oil prices has led to a drop-off in demand for pumping and drilling equipment made by GE’s Lufkin unit.

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Drop in Yuan Caught Businesses Off Guard

China’s move to devalue the yuan is rippling through the global dealings of companies in complex ways, affecting them differently depending on where they make and sell their products and in what currencies they transact.

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Caesars Reaches Restructuring Deal With Bank Lenders

Caesars Entertainment Operating Co. and Caesars Entertainment Corp., struck a new deal with senior bank lenders on a balance-sheet restructuring of the bankrupt casino operator. The pact is part of a broader proposal that would split Caesars Entertainment Operating Co. into two companies.

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Government Agencies Object to Corinthian Colleges Liability Releases

A number of state and federal agencies are objecting to the broad releases of liability in defunct for-profit college operator Corinthian Colleges’ chapter 11 liquidation plan ahead of a bankruptcy court hearing Wednesday.

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Canadian Police Call Ashley Madison Hack Criminal

Toronto police on Monday said they are working with U.S. authorities to track down those responsible for the cyberattack on Avid Life Media and related extortion efforts.

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Target Pays to Resolve Discrimination Charge

Target agreed to pay $2.8 million to settle a charge that it used assessments that discriminated based on race and sex during its hiring process, the U.S. Equal Employment Opportunity Commission said Monday.

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Risks Grow at Korean Shipbuilders

China’s economic turmoil poses further challenges for the three South Korean shipbuilders that dominate their industry, already hit by a glut of vessels and slumping freight rates.

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Risks Grow for Slow U.S. Expansion

The U.S. has been a tortoise, plodding out a slow but steady expansion, but now, market turmoil and China’s troubles threaten to undermine the U.S. outlook.

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Court Affirms FTC Authority Over Data-Security Practices

A federal appeals court affirmed the Federal Trade Commission can bring enforcement actions against companies that fail to make reasonable cybersecurity efforts aimed at protecting customers’ personal information.

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Southern Co. to Buy AGL Resources for $8 Billion

Southern Co. has agreed to buy natural-gas company AGL Resources for about $8 billion, a deal that will create the second-largest utility company in the U.S. by customers.

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Mining Shares Sink Deep

Shares in major mining companies took a hammering Monday as concern grew over the health of China, the biggest buyer of commodities from copper to iron ore.

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Pfizer Buy of Hospira Gets Green Light

Pfizer said U.S. regulators have approved its acquisition of smaller rival Hospira, pending the divestiture of some sterile injectable drugs, putting the deal on track to close in early September.

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At Fortescue, It's Ore or Nothing

A plunge in iron-ore prices to decade lows has smashed Fortescue Metals Group’s bottom line, but hasn’t deterred the miner from continuing to pay out cash to investors.

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Netflix, SoftBank Partner in Japan

Netflix has agreed to a tie-up with SoftBank Group for the Japan launch of its video-streaming service on Sept. 2, part of Netflix’s global rollout.

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Intel to Lead $100 Million Investment into Mirantis

Intel is stepping up its support for software designed to help companies achieve the kinds of benefits offered by cloud services from companies like Amazon.

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Why Gasoline Lags Behind Oil's Drop

Gasoline refinery glitches mean drivers in California and parts of the Midwest are missing out on the steep drops in pump prices that other U.S. drivers are enjoying.

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China to Flood Economy With Cash

China is looking to flood its banking system with new liquidity, as global markets appear to lose faith in Chinese leaders’ ability to control the world’s No. 2 economy.

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Chipotle Plans One-Day, 4,000-Worker Hiring Binge

Chipotle Mexican Grill plans to hire 4,000 workers on a single day next month, battling a tightening labor market by dangling the possibility that high-performing recruits could someday earn six-figure salaries plus stock.

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Mondelez CEO Stands By Efforts to Cut Costs

The arrival of high-profile activist investor William Ackman may add urgency to Mondelez CEO Irene Rosenfeld’s cost-cutting efforts.

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Starting Up 'Chilecon Valley'

Chile is fine-tuning Start-Up Chile, a program aimed at creating a hub for tech entrepreneurs in the country’s capital city.

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Tobacco Makers Seek to Slim Down Brands

Tobacco companies, faced with declines in cigarette consumption, are trimming down their small or underperforming brands. But the process of merging brands—and hanging on to customers—can be tricky.

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Foreign Car Factories Curb Output in China

New weakness in China has led auto makers such as GM and VW to run their plants there at less than full capacity for the first time.

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Fed Has a Theory, but Proof Is Patchy

As the Federal Reserve ponders raising rates, one of the economic theories it is relying on is the Phillips curve, which holds that as the jobless rate falls, inflation rises. But the link has been elusive in U.S. data after the 1960s.

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China Poised to Boost Banks' Liquidity

The People’s Bank of China is preparing to flood the country’s banking system with new liquidity to boost lending, as a weaker currency could spur more funds leaving Chinese shores.

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Ex-Im Bank Freeze Sours Boeing Contract

Boeing lost an about $85 million satellite contract over the U.S. Export-Import Bank’s inability to write new loan guarantees after the U.S. Congress let its operating charter lapse.

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Prices Jump at Power Auction

The price paid to power companies to ensure they feed the U.S.’s largest grid when demand is highest is rising across the board, according to auction results that foreshadow a potential increase in electricity bills and a rise in the share prices of some power companies.

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Pernod Challenged by Vodka's U.S. Slump

In the U.S., bourbon is in and vodka is out. That’s making Pernod Ricard, owners of the Absolut vodka label, a laggard in the world’s most important liquor market. But Pernod is still expected to post sales and profit growth when it releases results Thursday.

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Spotify's Plans on Customer Data Meet Heavyweight Opposition

Spotify wants to ask users for permission to collect their contacts, location data and photos. Minecraft creator Markus Persson has attacked the policy in a volley of tweets directed at Spotify founder Daniel Ek.

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YouTube Star Joins Ranks of Mobile Games

Electronic violinist Lindsey Stirling is one of a new breed of popular performers on YouTube. Now the 28-year-old wants to join the ranks of celebrities crowding into mobile games.

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Army Tests Hearing Drug at the Rifle Range

A South Carolina military base is the site of clinical trials for a drug to protect against noise-induced hearing damage, a persistent problem among soldiers who repeatedly fire a loud weapon.

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Economic Risk of Stock Plunge Varies Around Globe

The global stock selloff spells less trouble for the economics of rich countries than for those in emerging markets.

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Millions Haven't Paid Student Loans For a Year

Nearly seven million Americans have gone at least a year without making a payment on their federal student loans, a staggering level of default that highlights how student debt continues to burden households.

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Smeared by Iran's State-Run Media: A Journal Reporter's Story

Veteran Iranian-American foreign correspondent Farnaz Fassihi now finds herself targeted as a spy by mouthpieces for Tehran’s regime.

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NTSB: Rail Track Was to Be Replaced Day After Virginia Crash

A piece of railroad track owned by CSX in Lynchburg, Va., was scheduled for replacement the day after a crude-oil train derailed and erupted in flames along the same stretch last year, according to federal investigators.

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Petrobras Unit to Raise $1 Billion From Debt Issue

Petrobras Distribuidora, the fuel distribution unit of Brazil’s state-run oil firm Petroleo Brasileiro, or Petrobras, is planning to raise 3.5 billion reais ($1 billion) from the issue of local bonds.

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McDonald's Extends Reach in Russia

McDonald’s signed a license agreement with a Russian franchisee to open restaurants in remote Siberia, broadening the reach of one of the major symbols of American corporate power.

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In See-Something-Say-Something Era, Geocachers' Hidden Treasures Set Off Alarms

Geocaches—objects hidden for hobbyist trackers to find—are inadvertently bringing out police bomb squads.

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Glaxo Sells Drug Rights to Novartis

GlaxoSmithKline is selling its remaining rights to a drug used in treating autoimmune diseases to Novartis for up to $1 billion, plus royalties.

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Lew Urges China to Shift Stress Away From Exports

The Obama administration on Friday urged China to shift its economy away from a dependence on exports, renewing U.S. pressure on the country a week after Beijing devalued its currency.

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Republic Airways Seeks to Avoid Bankruptcy With New Pilot Contract

Republic Airways Holdings Inc., which flies on behalf of major U.S. airlines, made a final contract offer to its pilots after eight years of negotiations in a bid to avoid a chapter 11 restructuring largely caused by a shortage of pilots.

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EU Deepens Google Antitrust Investigation

The EU is stepping up its investigation into allegations Google abuses its dominance in ad contracts with website operators and copies content from rival sites.

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Oil Rout Thumps Santos

Santos launched a review of its business after its chief executive resigned and the company’s net profit plunged 82%.

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Deere Reports Decline in Profit as Sales Tumble

Deere & Co. said profit in its latest quarter tumbled 40% as the farm-equipment maker continues to face weaker demand for its farm machinery.

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Eurozone PMI Data Show Solid Economic Pace

The Eurozone economy kept up a solid pace in August with expansions in both manufacturing and services, although the second largest economy France continues to lag behind, according to purchasing manager surveys.

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Next Texas Energy Boom: Solar

Companies are spending $1 billion to build solar farms in West Texas that take advantage of the area’s abundant sunshine and network of transmission lines, laying the foundation for a renewable energy boom.

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On Gauging the Pursuit of Happiness

The Numbers: Columnist Jo Craven McGinty explores the usefulness of measuring a country’s well-being beyond the typical economic gauges like gross domestic product.

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Study Finds Shortage of Truck Parking a 'Safety Concern'

Parking shortages that could cause truck drivers to keep driving while tired or spend the night on road shoulders and exit ramps ‘are a national safety concern,’ according to a study the FHA is expected to release.

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Sysco Names Nelson Peltz, Josh Frank of Trian to Board

Sysco said Nelson Peltz and Josh Frank, both of Trian Fund Management, will join its board, a move that comes less than a week after the activist investor disclosed a 7% stake in the food distributor.

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No End in Sight for Oil Glut

When oil prices started to edge down a year ago, most energy mavens thought the drop would be small and short-lived. Instead, the price of crude has plunged by almost 60% from its 2014 peak.

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Generalissimo Franco Is Still Dead, but for Some Not Dead Enough

Francisco Franco died in 1975, but there are still places named after his sympathizers. Some want to see those names changed.

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Boeing, Supplier Wrestle to Produce Key Component

Boeing and a key supplier are wrestling to produce a crucial component for the updated version of its workhorse 737 jet, amid concerns that a shortage could derail ambitious plans to boost production.

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How Social Bias Creeps Into Web Technology

Biases can creep into complex computer code despite even the best efforts to keep it out. Computer scientists are just starting to study the problem and devise ways to guard against it.

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Heaven Hill Buys Deep Eddy Vodka

Heaven Hill Brands, the privately held owner of Evan Williams Bourbon, said Thursday it acquired fast-growing Deep Eddy Vodka, which has doubled its volume annually since its introduction in 2010.

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Oakland Port Proposes Trucking Fees to Fight Congestion

The Port of Oakland, facing worsening traffic, wants to charge to move containers during peak hours and introduce Saturday service. Retailers and other large importers and exporters say they’re concerned about the plan

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H-P's Earnings, Revenue Slide

H-P posted a 13% drop in earnings for the July quarter as the company reported its 15th quarterly revenue decline in the past 16 quarters.

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Gap Backs Earnings Guidance

Gap affirmed its earnings projections for the year, while reporting earnings and sales for the second quarter that matched the downbeat outlook it gave earlier this month.

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Authors Group Seeks DOJ Probe of Amazon

A group of hundreds of authors has filed a letter with the Department of Justice seeking an investigation of Amazon for having created a ‘monopoly’ with ‘unprecedented power over America’s market for books.’

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U.S. Settles Whistleblower Suit Against Altegrity

The federal government has reached a settlement worth at least $30 million with Altegrity Inc., the bankrupt parent of a background-screening business that had been accused of fraud in a whistleblower lawsuit.

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Review: The OnePlus 2 Smartphone

The OnePlus 2 isn’t the “2016 flagship killer” it claims to be, but the Android smartphone is an exceptional value.

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United Technologies in Talks to Acquire Nortek

United Technologies Corp. is in talks to buy Nortek Inc., according to people familiar with the matter, in a deal that would mark the industrial conglomerate’s latest move to remake itself amid lackluster results.

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Adidas Looking for Yeezy Boost to its fortunes

German sportswear company Adidas plans to lift its street cred by releasing the third version of its popular Yeezy Boost shoe with rapper Kanye West, but it is also banking on geeky German engineering.

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Sears Swings to Profit, Sales Drop

Sears Holdings’ revenue slid 22% in its second quarter, though profitability improved at its domestic stores and Kmart division.

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U.S. Existing Home Sales Rise to Pre-Recession Pace

The pace of home sales in July climbed to their highest since before the recession, buoyed by strong sales in single-family properties.

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U.S. Jobless Claims Rise

The number of Americans seeking first-time unemployment benefits rose slightly last week but remained historically low.

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Valeant Confirms Deal for Women's Libido Drug

Valeant confirmed it will pay $1 billion for Sprout Pharmaceuticals, the closely held company that just won approval to sell the first drug that aims to boost a woman’s libido.

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India's Rural Internet Rollout Still a Pipe Dream

India’s Communications Ministry has big plans to connect hundreds of millions of villagers to the Internet. But for now, it is struggling to conquer email.

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More Foods Boast Non-GMO Labels

Consumer concern has grown so strong that some vendors of products like blueberries and lettuce are paying for non-GMO labeling even though their products aren’t among the small number of crops that are genetically modified in the U.S.

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Chow Tai Fook Takes a Shine to Hong Kong

Chow Tai Fook Jewellery is redirecting its strategy in Hong Kong to attract local consumers as the flow of mainland Chinese tourists slows.

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The Greek Fisherman's Lament

Greeks have earned a living from fish for eons, but six years of crisis has left this way of life in shambles. Few think the woes will end soon.

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Valeant Nearing Deal for Libido Drug

Valeant Pharmaceuticals is nearing a deal to pay $1 billion for the closely held company that just won approval to sell the first drug that aims to boost a woman’s libido.

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Hackers Post Stolen User Data From Ashley Madison Breach

Avid Life confirmed that some of the customer data posted this week on the Internet is legitimate. The company’s decision to face down the hackers raises tough moral and legal questions.

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Women Make Strides in Business Ownership

While the growth rate of new businesses remains stalled, fresh government data show the share of women-owned firms has climbed.

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Short Answer: Who's Buying Luxury Goods?

Sales of luxury goods such as jewelry has rebounded in the U.S.

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Electric-Car Battery Suppliers Narrow

Failed technology gambles and a half-decade of jockeying among suppliers have top auto makers favoring LG, Samsung Electronics’ SDI unit and Panasonic to supply advanced batteries for their electric cars.

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Oil-Sands Producers Struggle

Canada’s high-cost oil-sands producers are struggling as oil prices sink to fresh six-year lows, and even the most efficient drillers are losing money on every barrel they produce at current prices, according to a report published Wednesday.

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Organized Labor Moves Into Digital Media as Investors Circle

The labor organizing movement at online media outlets is happening as the industry is attracting attention from strategic investors who can inject a huge amount of capital into their fledgling businesses.

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L Brands Raises Outlook

L Brands again raised its per-share earnings guidance for the year as the company reported earnings rose 7.5% on continued sales growth and stronger margins in the latest quarter.

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Organized Labor Moves Into Digital Media as Investors Circle

The labor organizing movement at online media outlets is happening as the industry is attracting attention from strategic investors who can inject a huge amount of capital into their fledgling businesses.

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L Brands Raises Outlook

L Brands again raised its per-share earnings guidance for the year as the company reported earnings rose 7.5% on continued sales growth and stronger margins in the latest quarter.

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For Rare Disease, Drug Trials Scramble for Patients

After years of effort, scientists and families of young patients with a rare genetic condition are facing the prospect of three companies launching clinical trials to develop therapies. But can the community support more than one trial at the same time?

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IMF Signals Yuan Won't Be Reserve Unit for Now

The International Monetary Fund signaled that China’s yuan won’t be added to the influential basket of reserve currencies for at least a year.

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Ex-Subway Pitchman to Plead Guilty to Child-Sex Charges

Longtime Subway pitchman Jared Fogle is set to plead guilty to charges of distributing child pornography and illicit sexual conduct with a minor.

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Coca-Cola Buys Minority Stake in Suja Life

Coca-Cola said Wednesday it acquired a minority stake in Suja Life, a small but fast-growing maker of organic, cold-pressed juices.

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Fed July Policy Meeting Minutes Leave Mixed Markers on Rates

The Federal Reserve’s next policy meeting is four weeks away and officials show no clear sign of having settled on a decision about whether to raise short-term interest rates at that time.

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Staples Executives Say Office Depot Deal Is On Track

Staples said its plans to take over rival Office Depot Inc. remain on-schedule despite regulators’ recent opposition to consolidation in other industries.

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Shipping Giants Reduce Sailings on World's Busiest Route

Major container shipping lines are slashing sailings on the world’s busiest shipping route between Asia and Europe as lower growth in China and a sluggish eurozone economy hurt container volumes.

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The New Thin Line Between Carry-On and Checked Bags

Confusing differences in how airlines measure luggage can create frustration for passengers checking in, Scott McCartney writes.

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Why China's Yuan 'Reform' Merits Skepticism

China says its recent currency devaluation was a move toward a more market-determined exchange rate, but the world is right to question the true motives, writes Greg Ip.

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China's Richest Person: Wang Jianlin

Alibaba’s Jack Ma slips to No. 3 as the chairman of real-estate developer and entertainment company Dalian Wanda Group takes the top spot in the Hurun Report’s annual survey. Hong Kong tycoon Li Ka-shing was No. 2.

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Target Lifts Earnings Outlook

Target lifted its profit outlook for the year after posting stronger-than-expected earnings in its second quarter and its fourth straight quarter of same-store sales growth.

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U.S. Consumer Prices Ticked Up in July

U.S. consumer prices increased in July for the sixth straight month, suggesting mild inflation pressure is building in the economy.

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Sweden Hosts Lake-Side Retreat to Attract Games Developers

The Baltic country’s fast-growing videogames industry made an unlikely gamble this summer to attract new talent: a $200,000 ‘Stugan’ workshop.

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Glencore Reports Loss, Warns on Trading Profit

Glencore has swung to a first half-year net loss and warned of less buoyant marketing earnings this year, showing how sharp falls in raw-material prices have tested the group’s hybrid mining and commodities-trading business model.

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Remember Vaio PCs? They're Making a Comeback

Vaio, Sony’s former unprofitable PC business, is attempting a comeback. Vaio Corp. plans to start selling laptops at Microsoft retail stores in the U.S. in October—but it faces long odds.

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Asian Taxi-Hailing Startups Give Uber a Run for Its Money

Three Asian aspirants to the ride-hailing throne have attracted large sums of fresh capital in recent months, giving them extra fuel to take on Uber Technologies.

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Grad-School Loan Binge Fans Debt Worries

Graduate students represent just 14% of students in higher education but account for about 40% the $1.19 trillion in student debt. Many seek government-loan forgiveness.

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EPA Proposes Rules Cutting Methane Emissions

The EPA proposed rules aimed at cutting methane emissions from the oil and natural-gas sector by up to 45% over the next decade from 2012 levels.

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Intarcia's Diabetes Treatment Clears Key Test

Closely held Intarcia Therapeutics said its implantable drug-delivery pump proved superior to Merck’s top-selling drug Januvia in helping diabetes patients control blood sugar in a head-to-head clinical trial.

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Fox.com Fights Ad Fatigue With 'MasterChef Junior' Experiment

Starting this week viewers of “MasterChef Junior” on Fox.com will not have to sit through 10 minutes of TV ads. They’ll have the option of watching one 60-second interactive ad before the episode, then go ad-free.

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Dark Clouds Loom for Airlines Even as Profits Take Off

U.S. airlines are producing their biggest profits ever. But instead of clear skies, they are encountering problems that their recent prosperity, in some cases, is making worse.

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Radical Idea at the Office: Middle Managers

For founders of upstart companies, reinventing management is often another way to prove they can do business differently. But after eliminating middle managers, companies can find that things can fall apart.

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FDA Approves First Drug to Boost Women's Libido

The Food and Drug Administration approved the first pill designed to boost sexual desire in women, but studies show some serious side effects, including drowsiness, fainting and nausea.

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Shipping Growth Slows at East Coast Ports

Georgia, Virginia ports report expansion levels off from big gains earlier in the year during labor strife on the West Coast.

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Wal-Mart Reins Back Inventory in Revamped Supply Chain

The retailer is holding goods longer at distribution centers, increasing flexibility as it tries to meet the changing expectations of shoppers.

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NBCUniversal to Invest in BuzzFeed

Steve Burke, CEO of Comcast’s NBCUniversal, said early this year that the media company needs to go where the eyeballs are going, and get more “digital” into its DNA. It made some headway realizing those ambitions, agreeing to invest $200 million in new-media company BuzzFeed.

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Tencent Invests $50 Million in Messaging App Kik Interactive

Kik Interactive, a Canadian startup behind a popular messaging app for smartphones, said it has received a $50 million investment from Tencent Holdings, valuing the company at $1 billion.

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Petrobras CEO Looks to Chart New Path

Petróleo Brasileiro CEO Aldemir Bendine aims to shrink the debt load at Brazil’s troubled oil company by increasing oil production while cutting investments and shedding assets amid a global slump in oil prices.

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Intel, Aiming Beyond PCs, Launches Reality TV Show

Intel Corp. Chief Executive Brian Krzanich pointed to reality TV as one of several directions he intends to take the technology company as it seeks to exploit the next big market opportunities.

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La-Z-Boy Profit Rises

La-Z-Boy Inc.’s first-quarter profit rose as the furniture retailer recorded higher sales and improved margins.

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Harris Boosts Stake in Glencore

U.S. investment fund Harris Associates said it boosted its stake in Glencore to 4.5%, making it one of the mining and trading firm’s biggest investors.

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Study: Teens Who Used E-Cigarettes Are More Likely to Smoke

A U.S. study found that ninth-graders who used electronic cigarettes were four times as likely to smoke cigarettes, cigars or hookahs as ninth-graders who never tried the battery-powered devices.

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Target Reaches Settlement With Visa Over 2013 Data Breach

Target reached an agreement with Visa to reimburse card issuers up to $67 million for costs incurred by the retailer’s massive 2013 data breach.

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Amway's Made in America Strategy Scores with Asian Customers

Amway is beefing up its U.S. supply chain, betting customers in China and other big emerging markets will pay a premium for American goods, making up for higher manufacturing costs

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Appellate Court Reaffirms 'Conflict Minerals' Ruling

A federal appeals court ruled for the second time against part of a regulation requiring publicly traded U.S. companies to disclose whether their products contain certain minerals from war-torn central Africa.

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Dick's Seeking to Expand Casual Offerings

Executives at Dick’s Sporting Goods laid out plans to expand the chain’s casual sportswear offerings as the company adjusts to a retail environment.

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AutoNation to Acquire Dealer Groups

AutoNation Inc., the nation’s largest auto-dealer chain by revenue, agreed to purchased two smaller dealer groups, adding to a string of acquisitions in car retailing as U.S. light-vehicle sales set the strongest pace in more than a decade.

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U.S. Housing Starts Edge Up 0.2%

U. S. home building ticked up in July thanks to a surge in construction of single-family homes, the latest sign of momentum in the housing market.

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Wal-Mart Cuts Outlook

Wal-Mart slashed its earnings guidance for the year and gave a soft outlook for the current quarter as wage increases and currency fluctuations pressure profit at the world’s largest retailer. Shares fell about 3% premarket.

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Toshiba Names Outsiders to New Board

Toshiba named a new board with outsiders taking a majority, as the electronics company struggles to overcome an accounting scandal that led its president to resign last month.

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Home Depot Lifts Guidance Amid Housing Recovery

Home Depot lifted its outlook for the year again, as a recovery in the U.S. housing market helped drive better-than-expected sales growth in its latest quarter.

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Wendy's Three-Year Hunt for Blackberries

Wendy’s three-year quest for the nearly 2 million pounds of blackberries it will need to embellish a seasonal salad shows the challenges fast-food chains are trying to avoid as they seek to keep up with consumer demand for fresh ingredients.

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Bangkok Bomb Blast Threatens Thai Tourism

The Bangkok bombing that left at least 20 people dead in one of the city’s busiest areas threatens to hurt Thailand’s tourism industry, which has been a bright spot in an otherwise sluggish economic picture.

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Fonterra Hopes to Milk Yuan Devaluation

Fonterra Co-Operative Group said China’s recent steps to devalue its currency may lift demand for New Zealand dairy products and give depressed milk prices a much-needed boost.

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U.S. Lacks Ammo for Next Economic Crisis

As the U.S. economic expansion ages and clouds gather overseas, policy makers worry fiscal and monetary tools to battle a recession are in short supply.

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Ugandan Startup Preps Hybrid Cars

University spinoff Kiira Motors is looking to finance production of hybrid gas-and-electric vehicles that would showcase Uganda’s engineering talent and create an homegrown auto industry.

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Boeing Delays Test Flight of Tanker

Boeing Co. said it would delay the maiden flight of its first fully equipped aerial refueling tanker to perhaps early October after a production mix-up.

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Minimum-Wage Waivers for Unions Stir Standoff

Unions have been a driving force behind the wave of municipal minimum-wage increases sweeping the country. But some unions want their own members exempt from coverage under those laws.

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In Latest Mash-Up, China Puts Spotlight on Spuds

A farmer turned-entrepreneur wants to make the potato a culinary staple in China, where rice and noodles have ruled for millennia. Spud songs are part of the effort.

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NLRB Sacks Northwestern Football Players' Unionizing Drive

Federal regulators turned away a push by Northwestern University football players to unionize in a closely watched case that could have reshaped American collegiate sports.

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Petco Files IPO, Plans Return to Public Markets

Petco Holdings has filed preliminary documents to go public in what would be its third IPO since 1994, citing the thriving market for pet services.

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U.S. Postal Service Tries Hand as Fishmonger, Grocer

The U.S. Postal Service is ramping up same-day delivery of everything from bottled water to fresh fish, as its new postmaster general tries to better compete with FedEx, UPS and even Amazon.com.

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EPA to Propose Rules Cutting Methane Emissions From Oil And Gas Drilling

The EPA will propose the first-ever federal regulations to cut methane emissions from the nation’s oil and natural-gas industry, which is part of President Barack Obama’s climate agenda.

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Google's Project Ara Hits Snag

Google has canceled a test in Puerto Rico of modular smartphones that the company hoped would upend the way smartphones are designed, built and sold.

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U.S. Delays Giving Up Oversight of Internet Administrator Icann

The U.S. Commerce Department on Monday delayed for at least a year its plans to give up oversight of Icann, a key component of Internet governance.

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U.S. Issues Arctic Drilling Permit to Shell

The U.S. gave Royal Dutch Shell a final green light to drill for oil in the Arctic Ocean, providing it a long-sought victory and escalating a battle with environmentalists.

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Summer-TV Watchers Abandon Cable Shows

Summer ratings are down by double digits at many of the top cable TV channels as increased competition from the broadcast networks and the growing popularity of Netflix and Hulu have cut into their audiences.

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Constellation Brands Creates Investment Arm

Constellation Brands said it is taking its first stake in a ready-to-drink startup called Crafthouse Cocktails, that offers bottles of pre-mixed drinks like Moscow Mule and Southside.

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Japan Slips in Pursuit of Subs Deal

Two Japanese companies were favorites to win a $20 billion Australian defense contract to build submarines, but secrecy surrounding the proposal—in contrast to the public charm offensives waged by German and French rivals—might scuttle the Japanese bid.

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Dallas Fed Names Former Goldman Sachs Banker as President

The Federal Reserve Bank of Dallas named Harvard Business School professor and former Goldman Sachs banker Robert Steven Kaplan as its new president.

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CFOs Outpace Their Bosses in Pay Increases

Chief financial officers of large U.S. companies might envy their bosses’ larger paychecks, but they still managed to finesse a considerably larger percentage raise last year. Their median pay increase was 13.9%.

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Sprint to End Two-Year Contracts

Sprint is doing away with two-year contracts and will shift entirely to a model where customers lease their smartphones.

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Blue Bell to Start Selling Ice Cream Again

Blue Bell Creameries said it will resume limited distribution of its ice-cream products at the end of this month, a major step in its recovery effort after a deadly listeria outbreak prompted a recall of all of its products in April.

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U.S. Steel to Close Some Alabama Steel Ops, Cut 1,100 Jobs

U.S. Steel Corp. plans to permanently close steelmaking and finishing operations at its Fairfield, Ala. plant, a move that will impact 1,100 jobs.

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Fed Inspector General to Review Yellen's Security

The Federal Reserve’s inspector general plans to conduct a review of the central bank’s Protective Services Unit, which provides security for Chairwoman Janet Yellen.

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U.S. Home-Builder Confidence Hits Near-Decade Highd

A gauge of home-builder sentiment rose to its highest level since November 2005, reflecting growing confidence in a steadily improving U.S. housing market.

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QVC to Acquire Online Shopping Site Zulily for $2.4 Billion

The owner of home shopping network QVC is acquiring five-year-old Internet retailer Zulily for $2.4 billion in cash and stock.

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Rambus Expands With Own Chip Brand

Rambus is announcing plans to sell chips under its own brand for the first time in its 25-year history.

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Cargill Buys Norwegian Fish-Feed Producer EWOS

The $1.5 billion deal broadens the Agricultural conglomerate’s presence in the aquaculture industry.

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Family Feud at Korea's Lotte Moves Closer to Resolution

A feud over control of conglomerate Lotte Group inched closer toward a conclusion as shareholders of its holding company voted to approve management plans led by the younger son of the founder.

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Mims: We're Fighting Killer Robots the Wrong Way

Here’s the good news about killer robots: They aren’t inevitable. The bad news is that stopping them is going to be much harder than simply banning government-sponsored research on them.

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How Medicare Rewards Copious Nursing-Home Therapy

For U.S. nursing homes, Medicare’s rules can provide a financial incentive to increase rehabilitative therapy for patients who may not benefit from extra care.

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Newspaper Hotline Has Some Readers Hot Under the Collar

For decades, readers of the Daily News in Huntingdon, Pa., have been able to anonymously call in comments about local matters. But amid controversy, the Opinion Line feature is on hiatus.

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Bad Loans Impede India's Economic Growth

Mounting bad-loan ratios at Indian banks are a sign the country’s economy isn’t doing nearly as well as recent rosy output-growth figures suggest.

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Midtier Rents Outpace Rise for Luxury Units

Developers’ focus on high-end rentals is contributing to a shortage of more affordable units, causing rents for apartments aimed at middle-income tenants to rise at a faster pace than rents for luxury apartments.

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Japan's Economy Shrinks Annualized 1.6% in Second Quarter

Japan’s economy contracted 1.6% on an annualized basis in the second quarter as households spent less and demand for Japanese goods overseas slumped, raising the possibility the government will intervene to shore up the nation’s anemic recovery.

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How Etsy Crafted a Tax Strategy in Ireland

When Etsy relocated some of its intellectual property to Dublin earlier this year it was taking a relatively standard business approach to tax avoidance. But it was a move that wouldn’t have been predicted by its founders, who preached transparency.

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In Venezuela, Arepas Tell a Tale of Inflation

Venezuela’s government has stopped publishing key statistics, so experts are turning to other measures, such as the cost of corn cakes, to keep tabs on consumer prices and economic growth.

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Alibaba Feels Heat From New Rivals

Alibaba is fighting an aggressive ground war to keep its top e-commerce spot against a pack of rivals, suggesting China’s biggest online vendor may not be as invulnerable as it seems.

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Sam's Club Aims to Be Less Like Wal-Mart

As warehouse chain Sam’s Club tries to attract more affluent customers, like faster-growing rival Costco, it struggles to escape the penny-pinching ways of parent Wal-Mart Stores.

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Straight Outta Universal: Hit After Hit

A successive string of hits from Universal Pictures has put the movie studio far ahead of its Hollywood rivals this summer. So far in 2015 the studio has collected $5.76 billion in box office world-wide—more than the prior record for an entire year.

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China's Woes Echo in U.S. Earnings

In quarterly conference calls, U.S. executives recited a litany of pain, from mild to severe, resulting from a slowdown in China’s economy

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Business Investment Changes Its Stripes

The latest economic expansion hasn’t shown a rise in corporate investment the way past ones have, but many economists say that’s simply because data don’t capture powerful new trends in technology and business practices.

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Toyota Halts Production at Two Plants in China Following Tianjin Blasts

Toyota Motor Corp. is halting car production for three days at two plants in northeastern China following last week’s massive blasts in the port city of Tianjin, the auto maker said Sunday.

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Hanergy Thin Film May Swing to a Net Loss in the First Half of 2015

A Chinese solar-equipment manufacturer at the center of a Hong Kong regulatory probe said Sunday it may swing to a net loss in the first half after it canceled billions of dollars in deals with its parent company.

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Israel Clears Deal for Gas-Field Development

Israel’s cabinet approved a regulatory framework that will allow the stalled development of its large offshore natural gas fields to resume.

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Dish Files FCC Complaint Regarding Sinclair

Dish Network filed a complaint with the Federal Communications Commission, accusing station owner Sinclair Broadcast of failing to negotiate in good faith on the next retransmission contract between the companies.

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Steelworkers to Rally for Wage, Health-Benefit Pacts

With a deadline looming for notching a new three-year labor deal with two of the country’s top steelmakers, the United Steelworkers union is organizing a “week of action for fair contracts.”

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Sanders Questions Valeant's Heart-Drug Price Increases

Two members of Congress investigating drug-price increases asked Valeant Pharmaceuticals for information that would help explain why it raised the prices earlier this year for two commonly used heart drugs.

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Ammunition for Shaking Up a Board

Investors have new ammunition in the fight to place directors on company boards: improved financial performance.

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Nominations Backlog Grows

The resignation of a Democratic commissioner at the Commodity Futures Trading Commission adds yet another body to the Obama administration’s growing backlog of financial-regulatory nominations.

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U.S. Stocks Close Up After Volatile Week

U.S. stocks rose on Friday, closing out a week marked by wide swings slightly higher.

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China Stock Futures Signal Deeper Pessimism

As global financial markets try to gauge the impact of a weaker yuan, China’s stock-index futures are signaling that investors are more pessimistic than current Shanghai share prices suggest.

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Danny Meyer, Restaurant Impresario

The restaurateur on Shake Shack’s IPO, moving Union Square Cafe and the new wave of ‘fine casual’ dining.

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The City of Angel Investors

From a dental-product subscription service to a company offering handwriting software, Anne Kadet looks at a few of the companies finding funding in New York.

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Relativity Media Puts Brakes on Hurried Sale Process

Film studio Relativity Media said in court Friday that it would delay its breakneck sale timeline by about two weeks.

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KKR's Samson Resources Plans Chapter 11 Filing

KKR’s Samson Resources plans to file for Chapter 11 bankruptcy protection by mid-September after the energy firm finalized a restructuring plan with key creditors.

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FDA Clears OxyContin for Some Pediatric Patients

The U.S. Food and Drug Administration has approved the use of the painkiller OxyContin in children as young as 11.

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Thomson Family Buys 15% of Globe and Mail

The Thomson family is moving to solidify its control over the Toronto-based Globe and Mail with its holding company, Woodbridge Co., purchasing the 15% of the newspaper that it didn’t already own from telecommunications company BCE.

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Burberry in Japan: From Miniskirts to Trench Coats

British luxury brand Burberry pulls the plug on its last Japanese licensee, and the hodgepodge of products it sold, in a bid to create a more exclusive image.

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Eurozone Ministers Back Greece Bailout

Eurozone finance ministers approved an €86 billion ($95.8 billion) bailout for Greece, with a first payment to Athens totaling €26 billion, three European officials said.

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Brazilians Welcome U.S. Fast-Food Chains During Slow Times

U.S. restaurant chains are expanding in Brazil, South America’s largest dining market, despite the country’s moribund economy.

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Tyson to Cut 400 Jobs, Citing Shrinking Cattle Supply

Tyson Foods said it will permanently cease beef production at its Denison, Iowa, location, affecting up to 400 workers, the latest producer to cut into its beef operations amid declining cattle herds.

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Peltz's Trian Takes Stake in Sysco

Nelson Peltz’s Trian Fund Management LP disclosed Friday that it has taken a 7.08% stake in Sysco Corp., saying the food-and-supplies distributor has underperformed.

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U.S. Industrial Production Ratchets Up in July

U.S. industrial production picked up in July, a sign the manufacturing sector is clicking into a higher gear this summer.

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J.C. Penney Continues Improvement

J.C. Penney’s results continued to improve in the second quarter, as the retailer reported a narrower loss and better-than-expected sales growth on strength in its Sephora division.

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Not So Soft Drink: Brewers Add Booze to Root Beer

Root beer is leaving its roots behind. The success of Not Your Father’s Root Beer has created a new category in the alcoholic beverage industry. Some call it hard soda.

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Proxy Adviser Says Mylan Holders Should Shun Perrigo Deal

Proxy adviser ISS recommended that Mylan shareholders vote against the company’s offering for Perrigo, which is slated for a vote Aug. 28.

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