China Manufacturing Reports Point to Difficulty in Meeting Growth Goals

An official gauge of China’s manufacturing activity fell to its lowest level in more than three years, fueling fears that the country’s economy is cooling further despite a raft of government stimulus measures.

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Why the U.S. Pays More Than Other Countries for Drugs

Norway and other state-run health systems drive hard bargains, and are willing to say no to costly therapy.

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Some Mannequins Are Losing Their Heads

Vanadals attack some of the robots that have replaced human billboards holding signs directing people to roadside businesses, stealing wigs and body parts.

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No Credit History? Your Smartphone Usage Will Do

A handful of Silicon Valley-backed startups are looking to revolutionize lending in the developing world, where banks are scarce and many would-be borrowers have no credit history.

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Unusual Allies in Carbon-Tax Debate

Oil companies that are seeing more of their energy production coming from natural gas are lining up behind carbon-tax proposals that could accelerate a move away from coal-fired power plants.

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Companies Shy Away From Spending

Businesses appear reluctant to step up spending on the basic building blocks of the economy, such as machines, computers and new buildings.

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Ethanol Companies Get Boost From U.S. Quotas

U.S. regulators cut annual requirements for how much ethanol must be mixed into the nation’s fuel supply. But the reductions were smaller than originally proposed, softening the blow to ethanol companies and their Farm Belt supporters.

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Web Sales Hum, but With Smaller Orders

The average amount Americans spent in some key product categories declined on Thanksgiving and Black Friday, as mobile shopping drove smaller orders and aggressive discounts pushed down prices.

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CFOs Take Charge After a Deal Is Done

As deal making rises, the chief financial officer of the acquiring company most often is in charge of the process of integrating finances, process and people of two separate companies.

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The Race to Create Elon Musk's Hyperloop Heats Up

Two years after the Tesla CEO crowdsourced the idea for the Hyperloop, his dream of a ‘fifth mode’ of transportation is quickly and quietly becoming a reality, but what’s his endgame?

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Mattress Firm Buying Sleepy's

Mattress Firm Holding, the largest U.S. specialty mattress retailer by number of stores, said it would buy second-place Sleepy’s for $780 million.

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Cyber Monday Traffic Slows Target Website

Target’s website was suffering technical problems, making the site intermittently unavailable for some Web shoppers on the popular online shopping day known as “Cyber Monday.”

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American Airlines Customer-Service Agents Approve Labor Contract

The new deal, the first for all agents since American merged with US Airways in 2013, will raise pay by 30% over five years.

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Russian Media Takes Aim at Turkey

State-dominated networks have lambasted the country since the Turkish air force shot down a Russian warplane near the Syrian border, painting the Black Sea nation as a hotbed of terrorism and a sponsor of Islamic State.

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Lear Takes Step Into Autonomous-Vehicle Systems

Lear is moving into autonomous-vehicle systems with the acquisition of a small software company, the latest maneuver the auto supplier has taken to expand from making traditional car parts to making bets on technology that could disrupt the car business.

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U.S. Scales Back Ethanol Quotas for Gasoline

The Environmental Protection Agency eased the annual quotas for ethanol in gasoline, a response to market restraints and other conditions below the goals laid out in a 2007 law.

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UnitedHealth Sees 2016 Revenue Slightly Below Estimates

UnitedHealth Group projected revenue next year that falls just shy of analysts’ estimates, less than two weeks after it said weak performances on public health exchanges would cut into profit.

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Another Effort to Reduce Poisonings by Laundry Detergent Pods

A New York assemblywoman has introduced a bill that would require makers of liquid laundry detergent pods to use child-resistant packaging in the state, to reduce poisoning accidents.

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U.K. Panel Proposes Tax on Sugary Drinks

A panel of British lawmakers called for the introduction of a 20% tax on sugar-sweetened drinks, adding to mounting pressure on the U.K. government to introduce a levy on high sugar-content foods to help stop the spread of childhood obesity.

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Japan Seeks Tech Revival With Artificial Intelligence

Tiny Japanese artificial-intelligence startup Preferred Networks has attracted giants such as Toyota and Panasonic with its vision of a “deep-learning” future. Can it help the country restore its technological edge?

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What Patients Need to Remember After Leaving the Hospital

Researchers at New York’s Lenox Hill Hospital are developing new tools to help patients retain critical information to continue the healing process once they get home.

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Volvo Has High Hopes for New S90 Sedan

The new sedan Volvo Car Corp. is set to unveil Wednesday carries the Swedish company’s hopes of breaking into the small club of luxury car makers without breaking the bank.

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IMF Makes Chinese Yuan an Elite Lending-Reserve Currency

Marking a milestone in China’s ascendancy as a global economic power, the International Monetary Fund Monday added the Chinese yuan to its basket of elite reserve-lending currencies.

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VTech Holdings: Data From 5 Million Customer Accounts Breached

VTech Holdings Limited said that 5 million of its customer accounts were leaked in a data breach that accessed users’ names, birthdays and passwords but not their credit card or personal identification information.

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Pending Home Sales Rise 0.2% in October

An index measuring pending home sales—a gauge of purchases before they become final—rose 0.2% to a seasonally adjusted reading of 107.7 in October, the National Association of Realtors said Monday.

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Ford Says Labor Costs to Rise Minimally

Ford said its labor costs will grow about 1.5% annually over the next four years under a new labor agreement with the United Auto Workers union, less than the company’s projected rise in inflation.

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Fed Set to Adopt Final Emergency Lending Rule

The Federal Reserve is set to enact a new rule restricting its ability to lend money to financial institutions in a crisis.

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BHP Shares Plunge as Brazil Files Suit Against Dam Owners

Shares in BHP Billiton Ltd. plunged after the Brazilian government said Friday it would sue the Anglo-Australian miner, its Brazilian partner Vale SA and their joint venture over a deadly dam failure earlier this month.

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Swatch in Smartwatch Payment Deal With Visa

Swatch Group announced a partnership with payment services provider Visa Inc.—a significant step for the Swiss watchmaker as it attempts to break into the growing market for smartwatches.

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Bharti Airtel to Spend $9 Billion on India Mobile Network

India’s largest cellular operator, Bharti Airtel, plans to spend $9 billion to improve its mobile data network in the country.

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Stem-Cell Leader Expands in New York

Foundation’s move enhances city’s reputation as a biotech center.

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Bakery Puts Public Good in Its Recipe for Success

Greyston Bakery in Yonkers hires applicants in the order in which they walk in the door, no questions asked. The workers tend to be those who are chronically underemployed, particularly those who have been incarcerated.

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Small German Firms Hold Edge in Iran

Small and mostly family-owned German firms whose products aren’t covered by international sanctions have conducted business with Iran legally and could be among the first to benefit from its expected reopening.

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'Creed' Scores at the Box Office

“Creed,” starring Michael B. Jordan as the son of original “Rocky” fighter Apollo Creed, registered a very strong debut.

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AB InBev Plans to Sell Grolsch, Peroni Brands

Anheuser-Busch InBev plans to sell two of SABMiller’s best-known beer brands, Grolsch and Peroni, as the world’s largest brewer seeks to ease European regulatory concerns over its pending acquisition of its biggest rival.

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Online Shopping Surges on Black Friday Weekend

More people shopped online than in stores during the Thanksgiving and Black Friday weekend, a retail survey said, a sign of how quickly and deeply American shopping habits have changed.

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Divergent Paths for Fed and ECB

European central banks have already shattered the notion that official interest rates can’t fall below zero. Now, as the Fed looks to head in the opposite direction, they are poised to nudge rates even deeper into negative territory.

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Philippines' Richest Man Raises Bet on Chinese Consumers

China’s sputtering economy has spooked some foreign investors into fleing, but not the Philippines’ richest man, Henry Sy: He’s ramping up plans to build more malls in the country of his birth.

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Focus Turns to Judge in Latest Appeal of Net Neutrality Rules

Judge David Tatel, who shot down two previous versions of the net-neutrality rule, will help decide the latest challenge.

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Major Shareholder Wants Inquiry Into Northwest Biotherapeutics Allegations

A major shareholder is urging biotechnology firm Northwest Biotherapeutics to hold an inquiry into allegations about the governance of the company by Chairwoman and Chief Executive Linda Powers.

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Streaming Era Sets Off Battle Over TV Rights

Television’s various stakeholders—the studios that finance shows, the networks that air them and the talent that produces and stars in them—are fighting to protect their interests in the emerging on-demand TV economy.

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China's 'Flying Phoenix' Set to Take Off, but Turbulent Path Lies Ahead

China’s first homemade jetliner is poised to make its delayed commercial debut, illustrating Beijing’s woes in getting its aerospace sector airborne.

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FAA to Propose Safety Fixes for Certain Boeing and Embraer Jets

U.S. aviation regulators on Monday will propose mandatory inspections and, if necessary, replacement of suspect parts on nearly 1,600 jetliners to prevent potentially catastrophic failures.

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Tehran Presents New Model for Oil-Development Contracts

Iran on Saturday presented a new model for oil contracts it could offer to foreign oil firms as it seeks to attract Western investors ahead of an end to sanctions.

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Lufthansa Signs Pay Deal with 33,000 Personnel

Deutsche Lufthansa reached an agreement with trade union Verdi on the wages and pensions of around 33,000 ground crew and other personnel.

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Will Black Friday Deals Give a Boost to Car Sales?

The U.S. auto industry likely shrugged off calendar curveballs in November to post its third-consecutive annual sales rate above 18 million units, suggesting the car business is at the strongest level since at least 2001.

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IBM Turns Up Heat Under Competition in Artificial Intelligence

International Business Machines Corp. said a proprietary program known as System ML would be freely available to share and modify through the Apache Software Foundation.

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Bankruptcy Judge Finds TelexFree Operated a Fraudulent Scheme

A federal bankruptcy judge formally ruled that TelexFree ran a vast pyramid scheme that ensnared investors around the world, a finding that has been widely anticipated since the company collapsed into chapter 11 protection last year.

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Netherlands to Appeal EU Decision that Starbucks Tax Deal Is Illegal State Aid

The government of the Netherlands said Friday it would appeal last month’s decision by the European Union that its tax ruling with Starbucks amounts to illegal state aid.

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Brazil to File $5.3 Billion Suit Against Dam Owners

Brazil’s government plans to sue mining giants Vale SA, BHP Billiton Ltd. and their joint venture Samarco Mineração SA for $5.3 billion in response to a catastrophic dam failure earlier this month, officials said.

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Indonesian Sugar-Tax Talk Chills Drinks Industry

A possible tax on drinks with added sugar threatens to compound woes for beverage companies already wrestling with a slowdown in Southeast Asia’s largest economy.

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Chinese Pull Back From U.S. Real Estate

Chinese nationals are the top foreign buyers of U.S. homes, but in recent weeks they have started to pull back, scared off by their country’s stock slump and weakening economy.

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Ford Drops 'Friends & Neighbors' Sales Promotion

Ford Motor Co. is ditching its “Friends & Neighbors” sales campaign after the insider-pricing promotion failed to live up to expectations.

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Black Friday Shopping---With Thinner Crowds

Millions of Americans left their Thanksgiving meals to hit stores across the country in an annual shopping ritual, but the crowds on early Black Friday morning were thinner than years past at some malls and shopping districts.

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Wal-Mart Website Struggles to Handle Demand for 'Doorbusters'

Wal-Mart Stores Inc.’s website malfunctioned during the Thanksgiving shopping rush Thursday morning, throwing a wrench in some shoppers’ plans to avoid long lines by grabbing deals online.

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Toshiba Mulls Sale of Stake in Chip Arm

Toshiba Corp. said it is considering selling part of its semiconductor business to raise financing in response to a drawn-out accounting scandal.

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Rio Tinto Bucks Trend to Bet on Bauxite

The company approved a $1.9 billion bauxite project in northeastern Australia, bucking a trend among resources majors that have largely iced new mines.

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Samsung to Invest $740 Million in New Drug Facility

Samsung BioLogics said it would construct a new facility in South Korea that will double its production capacity and make it the world’s largest contract drug maker.

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Chinese Dredger Delays IPO Over Island-Building Questions

A ship owned by the world’s largest dredging company, CCCC Dredging, was seen in surveillance photos of the disputed Spratly Islands.

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Myanmar Hoping U.S. Will Lift Sanctions

Anticipation is rising among blacklisted Myanmar companies and American business groups that the U.S. will ease economic sanctions, following positive reviews from Washington of recent elections.

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Activist Investors Display a Lighter Touch

Some of Wall Street’s most aggressive investors are taking on a gentler role: friend to companies in transition.

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Japan Unveils New Social Programs to Stimulate Economy

Japanese Prime Minister Shinzo Abe said he would increase spending on social programs and raise the minimum wage as he tries to jump-start the flagging economy.

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Big Banks Cut Back on Small Business

The biggest banks in the U.S. are making far fewer loans to small businesses than they did a decade ago, ceding market share to alternative lenders that charge significantly higher rates.

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Big Retailers Seek Local Artisans

Big retailers like Nordstrom and Williams-Sonoma are turning to small artisans this holiday season in an effort to try to stand apart from rivals and draw new shoppers with locally made, handcrafted items.

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U.S. Restricts Raising Cap on Federally Backed Mortgages

Home prices continue to climb, but the U.S. government is keeping a lid on the size limit for federally backed mortgages, posing problems for home buyers in many pricey markets.

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Fears Add Dispirited Air to Europe's Christmas Markets

Christmas markets across Europe are seeing a decline in attendance amid security fears following the Paris attacks.

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Japan Saying Sayonara to Long Hours at the Office

The lights aren’t burning so late at some of Japan’s workplaces, as more and more workers trade in notoriously long hours at the office for flexible workdays and telecommuting.

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JetBlue Eyes Flying-Time Rules With New Pilot-Training Program

JetBlue Airways has devised a pilot-training program for novice fliers, seeking to demonstrate to regulators that students can attain proficiency more quickly than current rules allow.

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Audi Engines Implicated in Emissions Scandal

Engines from Volkswagen’s luxury brand Audi have been implicated in the German car maker’s emissions crisis, leading the unit to suspend two engineers suspected of rigging engines to cheat emissions tests.

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Facing Competition, Pemex Seeks to Leverage Assets

Mexico’s Petróleos Mexicanos has lost its prized status as a state monopoly, but the firm is using the opportunity to leverage its considerable assets to generate fresh sources of income from competitors.

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Chinese Drone Maker Plows Into Agriculture

China’s SZ DJI Technology is setting its sights on the agriculture industry with the launch of a crop sprayer that will test whether farming is fertile ground for drone technology.

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Black Friday Showdown: Target vs. Amazon

Before bargain-hunters enter stores on Thanksgiving, Target employees will be busy inside shipping out online orders. The strategy provides a test for how retailers hope to thwart Amazon.com by using physical stores as shipping centers on one of the busiest online shopping days of the year.

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Chesapeake's Boss Faces Tall Order

Chesapeake CEO Doug Lawler has spent the past two years trying to turn around an icon of the U.S. energy boom in turmoil financially, operationally and culturally.

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Hedge Fund Seeks to Stop Maurel & Prom's Takeover of MPI

London-based hedge fund Ledbury Capital Partners has filed a legal injunction attempting to halt French oil explorer Maurel & Prom’s $700 million takeover of MPI, a holding company to which it has close links.

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Scarcity of Water Poses Challenge for Copper Miners

The future price of copper and the growth of companies that produce it could hinge on a single precious resource: water.

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Infineon Profit Beats Forecasts

Shares in Infineon Technologies jumped after the German semiconductor maker reported better-than-expected fiscal fourth-quarter net profit and increased its dividend, due in part to the benefits of a recent acquisition.

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Tesco Reaches Agreement on $12 Million New York Lawsuit

Tesco has reached agreement in principle to pay $12 million to settle a class-action lawsuit in New York over an accounting scandal that tarnished the retailer’s reputation.

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Rémy Cointreau Profit Lifted by Weaker Euro

French liquor group Rémy Cointreau said first-half profit for its 2016 fiscal year was lifted by favorable exchange rates.

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HP Shares Fall Following Weak Earnings Outlook

Shares of HP Inc., the printer-and-PC half of the former Hewlett-Packard Co., dropped nearly 14 percent Wednesday after the company surprised the market with a lowered outlook for its next fiscal year

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SCMP Confirms Being Approached by Potential Buyer

The publisher of Hong Kong’s South China Morning Post has confirmed it was approached by an interested buyer.

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Brazil Dam's Failure Flooded Region With Toxic Wastes, U.N. Report Says

An avalanche of mud unleashed by a massive dam failure in Brazil earlier this month contained “high levels of toxic heavy metals and other toxic chemicals,” a pair of United Nations experts said Wednesday.

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Here's Why Comcast Customers Can't Watch Nets, Yankees

Comcast recently dropped the YES Network, showcasing the rising tensions between TV distributors and programmers as the industry tries to adapt to shifts in viewing habits.

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Law Scraps Pay Day for Fannie and Freddie CEOs

President Barack Obama on Wednesday signed into law a $3.4 million pay cut for the chief executives of Fannie Mae and Freddie Mac, a harsh rebuff of the companies’ regulator by Congress and the administration.

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Sumner Redstone's Competence Questioned in Court Petition

Sumner Redstone, the 92-year-old controlling shareholder of Viacom and CBS, lacks the capacity to manage his own affairs, his former girlfriend said in court documents.

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Philippine Shoppers' Spending Spree Gives Retail Sector New Shine

The Philippine high street is undergoing a face-lift, as retail giants look to capitalize on Southeast Asia’s most profligate consumer-spending sector.

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German Prosecutors, California Regulator Open Fresh VW Probes

VW’s emissions crisis deepened, as U.S. authorities and German prosecutors set new probes into allegations of cheating, even as the company presented an upbeat plan to fix millions of tainted cars in Europe.

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DraftKings, FanDuel Argue Against New York Ban

Daily fantasy sports operators DraftKings and FanDuel appeared in court Wednesday to argue vigorously against the New York attorney general’s plan to shut them down in the state.

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Canadian Oil Sands Cites Potential Suitors in Effort to Fend Off Suncor

More than two dozen potential suitors have expressed interest in making an offer for Canadian Oil Sands, according to documents filed in an effort to thwart Suncor Energy’s hostile bid.

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Costco Points to Vegetable Mix as Possible Source of Bacterial Infections

Costco Wholesale Corp. said federal investigators are examining whether the celery and onion mix used in the retailer’s rotisserie chicken salad was the source of an E. coli outbreak that infected 19 people.

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Pemex Sees Little Impact From Downgrade

Mexico’s national oil company Petróleos Mexicanos expects little impact from the downgrading of its credit rating by Moody’s, its acting chief financial officer said Wednesday

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American Airlines Stops Accepting Payments in Argentine Pesos

American Airlines has stopped accepting Argentine pesos for tickets owing to currency controls it said were affecting its ability to repatriate earnings.

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EPA Revokes Approval of Dow Chemical Herbicide

The EPA has withdrawn approval for a Dow Chemical herbicide designed to be used on genetically engineered crops, saying the weedkiller may be more toxic to surrounding plants than previously thought.

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Hazardous Airliner Landings Are Rare, Data Show, but Pilot Reporting Lags

More than 200 landing approaches made by commercial airliners over the past 15 years—a tiny portion of total flights—prompted collision warnings, yet most of the incidents weren’t reported by pilots, according to Honeywell data.

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U.S. New-Home Sales Rose to 495,000 Pace in October

Sales of newly built homes rose in October, leaving the housing market on track for its best year since 2007.

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U.S. Consumer Sentiment Slips

U.S. consumer confidence dropped at the end of November, suggesting retailers could face a challenging holiday season.

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U.S. Jobless Claims Fell Last Week

The number of Americans filing for first-time unemployment benefits decreased last week, a healthily signal for the labor market.

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U.S. Consumer Spending Up 0.1% in October

U.S. consumer spending grew only slowly in October while Americans stepped up their savings, a sign of caution among households that could weigh on the economy heading into the final months of the year.

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U.S. Durable Orders Climb in October

Orders for long-lasting goods rose in October, a sign demand for manufactured products could be firming after falling for most of the year.

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Europe Tries Out Sniffer Drones for Policing Ship Emissions

Europe is turning to a new tool to catch ship operators skirting pollution limits: emissions-sniffing drones.

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Rosneft Reports $1.7 Billion Net Profit for Third Quarter

Rosneft’s third-quarter net profit was based on a large foreign-currency gain, after the company posted zero profit for the same period last year.

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Deere Reports Continued Sales Decline

Deere & Co. said fourth-quarter revenue tumbled and warned sales would continue to slide next year amid lower demand for its farm equipment.

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LafargeHolcim Plans $3.5 Billion in Cement Asset Sales

LafargeHolcim plans to raise to raise 3.5 billion Swiss francs ($3.5 billion) next year from selling off cement assets around the world as the recently merged Franco-Swiss building-materials group reported weaker-than-expected third-quarter profit and sales..

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Sony's PlayStation 4 Scores More Than 30 Million Sales

Sony said that it has sold more than 30 million PlayStation 4 videogame consoles, two years after the launch of the system that has sold faster than any of its predecessors.

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Albertsons Regains Stores

Albertsons is buying back 33 stores the government required it to sell when it acquired rival Safeway earlier this year, a highly unusual development approved by a judge that highlights a misfire by U.S. antitrust enforcers.

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Some Malls Pressure Retailers to Open on Thanksgiving

While most department stores set their own hours, the small shops that line mall hallways tend to follow the lead of their landlords, which take their cues from chains like J.C. Penney and Macy’s.

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Startups Vie to Deliver Turkeys, Wine in 1 Hour

This Thanksgiving, a host of startups, plus e-commerce titan Amazon.com, are offering to deliver a last-minute bottle of wine, a bag of stuffing mix or a DVD, in an hour or less.

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Takata U.S. Employees Saw Problems in Air-Bag Tests

For a decade, Takata employees in the U.S. raised concerns internally about misleading testing reports on air bags that later became prone to explosions.

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Should You Follow an Old Boss to a New Job?

Being a follower can boost a senior manager’s career, but betting on a superstar boss’s next success can be risky.

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HP Inc. Gives Weak Earnings Forecasts

HP Inc., fresh off its split in early November, gave profit outlooks below Wall Street’s expectations for its first quarter as a public company, sending shares lower.

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U.S. Probe of Wal-Mart Finds Possible Misconduct in Brazil

U.S. investigation into potential foreign bribery by Wal-Mart Stores has unearthed evidence of possible misconduct by the retailer in Brazil, after investigators found little to support the sweeping allegations involving Mexico that initially prompted the probe.

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The Last Thanksgiving

An extended family gathers one last time after deciding to put the family farm in Mississippi up for sale.

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Justice Department Probing Comcast's Role in 'Spot' Cable Ad Sales Market

The Justice Department is investigating whether Comcast’s business practices in the $5 billion cable advertising-sales market violate federal antitrust law.

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Campbell Soup Raises Earnings Guidance

Campbell Soup Co. elevated its full-year profit outlook, as deeper cost cuts help it offset slowing sales of its classic canned soups and Pepperidge Farm cookies.

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Alcoa Names Executives for Split Companies

Alcoa gave more details about its executive structure for the previously announced split of the company’s upstream and so-called value-add businesses.

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Most Fed Regional Banks Wanted Discount-Rate Hike in October: Minutes

Nine of the Fed’s 12 regional reserve banks in October called for an increase in the central bank’s interest rate on discount-window loans, the latest sign that the Fed may be getting closer to raising short-term rates.

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FDA Approves Eli Lilly's Lung Cancer Drug

The U.S. Food and Drug Administration said it approved Eli Lilly’s drug to treat a form of the most common type of lung cancer.

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Hormel Gives Strong Outlook as Earnings Beat Estimates

Hormel Foods gave a rosy outlook for 2016 earnings came in better than expected, helped by strong contributions from its Spam, Hormel pepperoni, Dinty Moore stew, Wholly Guacamole dips and Muscle Milk brands.

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Target Expands Inventories to Repair Stock-Outs

The retailer built up stocks faster than sales in the third quarter to ensure more goods were on store shelves.

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Dissidents Fail to Win Ethan Allen Board Seats

Shareholders of Ethan Allen elected the seven directors nominated by the furniture company, defeating an effort by activist investor Sandell to win control of the board.

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Alibaba In Discussions To Buy Controlling Stake In Hong Kong's SCMP Group

Chinese Internet giant Alibaba Group Holding Ltd. is in discussions to buy a controlling stake in Hong Kong’s SCMP Group Ltd., according to a person familiar with the situation, in a deal that would put the largest local English language newspaper in the hands of a mainland Chinese company.

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Volkswagen Faces Tax-Evasion Investigation in Germany

German prosecutors have launched an investigation into possible tax evasion related to Volkswagen’s emission-cheating scandal, the latest in a growing list of official probes into alleged misconduct at the German auto maker.

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Pinnacle Foods to Buy Boulder Brands

Pinnacle Foods Inc. said Tuesday that it agreed to buy Boulder Brands Inc. for $682 million, a move to attract younger shoppers with its natural and organic offerings and expand into the refrigerated foods category.

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Consumers' Outlook on U.S. Economy Down Sharply in November

Consumers’ outlook on the U.S. economy plunged in November to its lowest level in at least a year, as Americans lost faith in job prospects

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Tiffany Cuts Outlook, Misses Third-Quarter Expectations

Tiffany & Co. said earnings this year would fall more than it had previously anticipated, as adverse exchange rates continue to crimp tourists’ spending and diminish repatriated profit.

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Bezos Team Lands Spent Rocket After Space Flight

The privately funded space company backed by Amazon.com Inc. founder and chief executive Jeff Bezos successfully landed a spent rocket back on Earth after an unmanned flight to the edge of space.

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U.S. Home Price Growth Gains Momentum in September

Home price growth accelerated in September, according to a report released Tuesday, adding to concerns that lofty price gains are helping to keep some buyers out of the market.

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U.S. GDP Expands at 2.1% Pace in Third Quarter

The U.S. economy expanded at a faster pace than initially estimated in the third quarter as businesses stocked up on more goods, suggesting the economy remains on track to close out the year with modest but unspectacular growth.

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Rolls-Royce to Remain A Diversified Engine Maker

Rolls-Royce signaled its commitment to remain a diversified engine maker ahead of an investor briefing to outline restructuring measures after a series of profit warnings. The company seeks to streamline its management, reduce fixed costs and expedite decision-making.

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Volkswagen's Audi to Pay Millions to Update Engine Software in U.S. Model

Volkswagen’s premium brand Audi said it expects to pay a mid-double-digit million euro amount for updating software in the diesel engines of its V6 TDI U.S. models.

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Apple Pay May Launch in China by February

Apple plans to launch its new Apple Pay electronic-payment service in China by early February, according to people familiar with its discussions.

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Ford Won't Equip Cars with Takata Air Bag Inflaters

Ford Motor is the latest auto maker to say it will no longer equip its vehicles with Takata air bag inflaters that use ammonium nitrate, the chemical propellant that has been linked to deaths and injuries.

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Walter Energy Wants Bankruptcy Court's Approval to End Labor Pacts

Walter Energy is seeking a bankruptcy court’s approval to end labor agreements so it can move ahead with the sale of its Alabama coal operations.

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The Tricky Math of Black Friday Bargains

Shoppers already are scouring stores for the best holiday deals, but finding true bargains this season has gotten a lot more complicated. The layers of discounts, flash promotions and store coupons are testing consumers’ math skills—and patience.

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Yahoo CEO Faces Morale Challenge

Marissa Mayer has repeatedly said reviving growth at Yahoo would take multiple years. But many insiders have lost patience.

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Energy Downturn Spreads Beyond the Oil Patch

The prolonged slump in crude prices is rippling beyond the oil industry into areas of the North American economy that, until recently, had managed to avoid the worst of the downturn.

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Justin Bieber's 'Purpose' Beat One Direction in First-Week Sales

Both Justin Bieber and One Direction released albums on Nov. 13, but “Purpose” sold roughly 522,000 copies in the U.S. in its first week, while One Direction’s “Made in the A.M.” sold 402,000 copies during that time, according to Nielsen.

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The Oxford Economist Running the Fed's Interest-Rate Machine

Simon Potter is charged with implementing the mechanisms that will raise interest rates when Federal Reserve policy makers make that call.

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French Economy Slows After Attacks

The Paris terrorist attacks have dealt a blow to France’s tourist industry and slowed the country’s economy, raising concerns about the country’s fragile recovery.

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Yellen Defends Fed's Low-Rate Policy in Response to Ralph Nader

Fed Chairwoman Janet Yellen told consumer advocate Ralph Nader that low investment returns are “fundamentally” caused by “the continuing aftermath of the financial crisis and the severe recession that followed it,” as she defended holding rates at near-zero levels since 2008.

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Icahn Sets Sights on Xerox

Activist investor Carl Icahn has built up a 7.1% stake in Xerox, which has already been taking steps to cut costs and improve margins, saying the shares are undervalued.

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Li Ka-shing Faces Challenge With CKI-Power Assets Merger

The merger of Cheung Kong Infrastructure with Power Assets could prove a headache for Hong Kong tycoon Li Ka-shing as shareholder proxy firms oppose the deal.

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Pfizer Inversion Pressures Tax-Rule Revamp

Pfizer’s decision to escape the U.S. tax system by putting its legal headquarters in Ireland puts even more pressure on lawmakers to revamp tax rules and prevent the corporate tax base from eroding.

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Target Corp. Settles Abandoned Canadian Leases

RioCan Real Estate Investment Trust said it had reached a settlement with Target Corp. over 18 leases the Minneapolis-based retail giant abandoned when it exited the Canadian market this year.

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Tyson Aided by Chicken, Prepared-Food Sales

Tyson Foods posted better-than-expected revenue in its latest quarter, helped by chicken and prepared-foods sales, though revenue at its beef and pork segments recorded declines.

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Fed's Tarullo Urges Caution Over Rate Rise, Citing Lack of Inflation

Inflation isn’t close to meeting the U.S. central bank’s target trigger for raising interest rates, suggesting that it might be prudent for policy makers to wait, Federal Reserve Board governor Daniel Tarullo said Monday on Bloomberg Television.

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Activist Elliott Takes Stake in Alcoa

Activist investor Elliott Management has taken a 6.4% stake in aluminum producer Alcoa, saying it believes shares of the company are “dramatically undervalued.”

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Existing Home Sales Fell 3.4%

Sales of existing homes fell 3.4% in October after a September surge, as rising home prices and tighter inventory challenged potential buyers.

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Pfizer and Allergan Strike $155 Billion Inversion Deal

Pfizer and Allergan said Monday that they would merge, a so-called inversion deal that would create the world’s biggest drug maker by sales.

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Eni Set to Begin Arctic Oil Quest

Despite delays and the falling price of crude, Italian energy company Eni’s Goliat oil platform is set to begin exploration in the Arctic before year-end.

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Diebold Offer for Wincor Nixdorf Values Company at $1.8 Billion

Diebold and Wincor Nixdorf have agreed on the core elements of a merger, with Diebold offering Wincor Nixdorf owners a cash and share deal.

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Creating a 'Fire Alarm' for Terror Attacks

How can authorities know, as quickly as possible, that an attack is under way? One possibility is using technologies like ShotSpotter, which helps pinpoints the exact location of gunshots and explosions, writes Christopher Mims.

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Economy Is Key Front in France's War on Terror

France’s longer-term battle will be to head off the homegrown threat by opening up more promising opportunities for those most at risk of being radicalized, Simon Nixon writes.

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Concerns Over Valeant Spread to Other Drug Makers

As questions mount about the viability of Valeant Pharmaceuticals International’s business model, concerns are also spreading to other drug makers seen as following a similar playbook.

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Cellphone Case Back in Court

A lawsuit filed nearly 15 years ago alleging cellphone use caused health problems is winding its way through court. The next hearing on what could be a precedent-setting case is on Tuesday.

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Lions Gate Faces New World Order

The final “Hunger Games” movie opened with less of a bang than Lions Gate was hoping for. Now the studio must contend with a world without the blockbuster movie franchise.

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Another Nail-Biter for Expiring Tax Breaks

The White House and Congress haven’t reached deals on a raft of deductions and credits, giving firms and individuals a headache.

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Washington Post Reporter Sentenced to Prison in Iran

Jason Rezaian, a reporter for the Washington Post, has been sentenced to prison in Iran after an October conviction on charges of espionage.

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Pfizer, Allergan on Cusp of Merger Deal

Pfizer Inc. and Allergan PLC are on the cusp of striking a merger deal worth more than $150 billion that would create the world’s biggest drug maker by sales, according to people familiar with the matter.

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CVC, CPPIB Near Buyout of Petco

Private-equity firm CVC Capital Partners and a Canadian pension fund are nearing a deal to buy Petco Holdings Inc. in a $4.5 billion deal, according to people familiar with the matter.

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Alibaba Seeks to Sell Stake in Chinese Technology Startup

E-commerce company Alibaba is looking to sell its stake in China’s leading online provider of of movie ticketing, restaurant bookings and other on-demand services as it builds a competing platform of its own.

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Fiat Chrysler Offers Free Tuition to Dealer Employees, Families

Fiat Chrysler AutomobilesNV is offering free tuition at Strayer University to about 700,000 dealer employees and family members in a push to stem turnover in the showroom and service bays.

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Some Shipping Companies Gain an Edge During Holidays

Peak season usually is the most wonderful time of the year for shipping companies thanks to a surge in holiday orders. But this year, it is highlighting the growing gap between the transportation industry’s haves and have nots.

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Why Housing Rebound Hasn't Lifted Economy Much

American homeowners are finally digging out of the hole created by the housing crisis. But their housing wealth is playing a much smaller role in the overall economy than it did before the downturn.

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Deere Will Gauge Farm Slump

Deere’s earnings report is expected to shed light on the duration of a slump in farm-equipment sales that has attended a global decline in commodity prices.

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France's CMA CGM in Exclusive Talks to Buy Neptune Orient Lines

Neptune Orient Lines agreed to enter exclusive talks with France’s CMA CGM to buy the Singaporean shipping company, which, if successful, would be one of the biggest tie-ups between container-shipping lines in recent years.

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'Inversion' Rule Changes Appear Minor

Deal makers said the Treasury Department’s latest highly anticipated effort to curtail tax-lowering foreign mergers is less drastic than feared.

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TransCanada Stops Gas Pipeline Construction

TransCanada said it suspended construction of a natural-gas pipeline after getting an order from Canadian regulators prompted by the release of drilling fluids into the Athabasca River in northeastern Alberta.

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United, Pilots Agree to Extend Labor Deal

United Continental and its pilots union agreed in principle to extend the group’s current contract by two years, adding to the company’s budding success with its unionized workers.

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Low Crude Prices Catch Up With the U.S. Oil Patch

The ingenuity and easy money that allowed American oil companies to keep pumping through a year-long price crash appear to be petering out as U.S. crude slides toward $40 a barrel.

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Peabody Energy to Sell New Mexico, Colorado Assets for $358 Million

Peabody Energy has agreed to sell its New Mexico and Colorado coal assets to Bowie Resource Partners for $358 million in cash.

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More Volkswagen Vehicles Have Emissions Software Issues

Volkswagen said roughly 75,000 additional diesel vehicles sold in the U.S. contain potentially problematic software, though it isn’t clear the German auto giant admitted the vehicles are able to cheat on emissions tests..

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UAW Races to Save Ford Pact

The UAW is racing to save a proposed labor deal with Ford that if rejected would be a significant setback and if approved would significantly increase Ford’s costs.

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Starwood Reports Payment Information Data Breach

A data breach at Starwood Hotels & Resorts Worldwide exposed payment card information for some of its North American hotels.

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Regulator Says Call on CP, Norfolk Could Take 18 Months

The decision of whether to clear the combination of Canadian Pacific Railway and Norfolk Southern railroads could take about 18 months and would likely be subject to an appeal before a final decision is reached, according to a key U.S. rail-industry regulator.

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Turing to Cut Price of an Anti-Parasite Drug

Turing Pharmaceuticals, which gained notoriety for raising the price of an anti-parasite tablet more than 50-fold, is drawing up plans to discount the drug as much as 50% to hospitals.

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Intel Selects Qualcomm Executive for New Senior Job

Intel turned to the ranks of major competitor Qualcomm, recruiting Venkata “Murthy” Renduchintala as an executive for what amounts to the No. 2 job at the big chip maker.

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E. Coli Outbreak Linked to Chipotle Spreads

The Centers for Disease Control and Prevention said the E. coli outbreak linked to Chipotle Mexican Grill Inc. has widened from the Pacific Northwest to six states, sending the burrito chain’s stock tumbling Friday.

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Costs Add Up for U.S. Student-Loan Forgiveness Program

The U.S. is braced to forgive billions of dollars in student loans under a 2007 law designed to help modestly paid workers in public service. But the program is encompassing far more workers than envisioned.

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Airbnb Raises Over $100 Million as It Touts Strong Growth

Airbnb Inc. has raised over $100 million in a new round of funding that has closed, according to a person familiar with the matter. The round was done at the same $25.5 billion valuation where the company raised capital over the summer.

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U.S. Court Dismisses Rio Tinto Lawsuit Against Vale

A U.S. District Court dismissed a lawsuit by Rio Tinto alleging that Vale conspired with an Israeli billionaire to take Rio Tinto's mining concessions in West Africa.

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Cisco to Buy Collaboration Company Acano for $700 Million

Cisco Systems agreed to buy privately held conferencing-software company Acano for $700 million, a move by the network giant to grow its collaboration business.

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Abercrombie Profit Jumps on Fewer Discounts

Abercrombie’s profit more than doubled as the teen retailer reported progress in its efforts to revamp its brand and wean its customers off heavy discounts.

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Volkswagen Plans $1 Billion Cut in Capital Spending

Volkswagen plans to rein in spending in response to the growing costs of its emissions-cheating crisis by putting a cap on capital costs next year and delaying some new projects.

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Sprint to Get $1.1 Billion Cash Infusion

Sprint said it would get a $1.1 billion cash infusion with a deal to sell devices leased out to its customers to a newly formed entity that would then rent them back to Sprint.

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Syngenta Sues Grain-Trading Firms in Corn Dispute

Syngenta sued several grain-trading firms over losses some U.S. farmers say they sustained after China rejected shipments of genetically modified corn.

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Sony Considers Making PS2 Games Playable on PS4

The move is expected to bolster sales of the videogame console, making more blockbuster titles available to those who purchased them for the best-selling earlier generation.

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Infineon Expressed Interest in Japanese Chip Maker Renesas

German chip maker Infineon Technologies has expressed an interest in investing in Renesas, and the Japanese semiconductor firm is also considering other strategic possibilities.

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Pfizer Heads for Fight on Tax-Saving Allergan Deal

Drug maker’s proposed merger with Dublin-based Allergan comes as U.S. releases new rules to curb so-called inversion deals.

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Paris Attacks Fan Encryption Debate

White House and congressional staffers have asked Silicon Valley executives for new talks in Washington, D.C., to resolve a standoff over encrypted communication tools in the wake of the Paris terrorist attacks, people familiar with the matter said.

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AstraZeneca, Sanofi Agree to Share Proprietary Compounds

AstraZenecaPLC and Sanofi SA have agreed to share thousands of their proprietary chemical compounds with each other, an unusual deal that shows the creative lengths to which pharmaceutical companies will go to pursue new drugs.

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Tyson Foods to Close Two Plants

Tyson Foods Inc. on Thursday announced plans to close two aging prepared-food plants, in the face of prohibitive renovation costs and changing demand.

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Alphabet's Google Taps Enterprise IT Veteran to Run Cloud Business

Diane Greene will head Google’s cloud-computing businesses, including Google for Work, Cloud Platform, and Google Apps.

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Google Adds VMware Co-Founder to Lead New Cloud Team

Google parent company Alphabet Inc. has enlisted cloud-computing veteran Diane B. Greene to lead a new team that includes its Google for Work, Cloud Platform and Google Apps operations.

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U.S. Unveils Rules to Make Corporate Inversions More Difficult

The U.S. Treasury Department on Thursday released new rules to restrain U.S. companies from putting their addresses in foreign countries to reduce their tax bills.

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Williams-Sonoma Profit Tops Views but Guidance Soft

Williams-Sonoma said profit in its latest quarter beat estimates, but the housewares seller pegged current-quarter guidance below analysts’ estimates.

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Nike Unveils Stock Split, Boosts Dividend

Nike Inc. unveiled a two-for-one stock split, a 14% increase to its quarterly dividend and said it has approval to buy back up to an additional $12 billion in shares.

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Workday Issues Lackluster Revenue Forecast

Workday provided lackluster revenue guidance, as the provider of human-resource software continued to invest in its global expansion.

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Electrolux CEO, Government Lawyer Spar Over GE Unit Deal

Electrolux AB’s chief executive battled in court with a Justice Department lawyer over whether his company’s planned acquisition of General Electric Co.’s appliance business would lead to higher consumer prices.

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'Star Wars' Aims Its Force Toward a Box Office Smash

Most movies would be lucky to open to $50 million. More than four weeks before its debut, “Star Wars: The Force Awakens” has more than that in the bank.

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Allergan Could Be the Buyer in Pfizer Deal

Allergan and Pfizer are considering structuring a merger of the drug companies so that it is an acquisition of Pfizer by Allergan.

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China Aims to Build Its Own Secure Smartphones

China is seeking to make its own secure smartphones, in an attempt to insulate its handsets from U.S. surveillance.

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Intel Sees Return to Growth in 2016

Intel predicted modest revenue growth next year after a decline for 2015, spurred largely by demand for chips for data centers and other products outside the PC market.

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Jury in Blankenship Trial Ordered to Keep Deliberating

A federal judge ordered the jury in the criminal trial of former Massey Energy CEO Don Blankenship to continue deliberating after receiving a note saying jurors couldn’t reach a verdict.

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Massachusetts Moves to Restrict Daily Fantasy Games to Players 21 and Older

The Massachusetts Attorney General wants to ban anyone younger than 21 from playing daily fantasy sports and impose a host of regulations on the industry.

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Foreign Investors Buy into Brazil

Foreign investors are keener on Brazil’s prospects than domestic buyers, many of whom are spooked by the political turmoil that is worsening the nation’s economic slowdown.

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Perfect Storm at Petrobras, the Most Indebted Oil Firm

Brazil’s state-run oil firm spent years loading up on cheap foreign credit. The strategy backfired as the local currency and the oil price plunged, leaving investors fretting about what’s next: repayment, restructuring or default.

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Total U.S. Household Debt Rises to $12.1 Trillion in Third Quarter

U.S. household borrowing in the third quarter climbed to its highest level in more than five years, driven by increases in mortgage lending, auto loans, student loans and credit cards, the N.Y. Fed said.

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FDA Approves Genetically Modified Salmon

Federal regulators approved the production and commercial sale of a strain of salmon whose DNA has been changed to make it grow faster, marking the first U.S. approval for a genetically modified farm animal.

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World's Second-Largest Diamond Discovered in Botswana

A near tennis-ball-sized gem found this week in Botswana is the second-largest diamond ever unearthed, smaller only than a precious stone that furnished some of the British crown’s most valuable jewels.

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ValueAct Capital Bolsters Stake in Rolls-Royce

Activist investor ValueAct Capital Management LP bolstered its bet on Rolls-Royce Holdings PLC by taking its stake to more than 10%.

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Bombardier to Shed 30% of its Transportation Unit

Bombardier said Thursday it has reached an agreement to sell a 30% stake in its rail segment to pension plan operator CDPQ for $1.5 billion.

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Best Buy Reports Softer Sales

Best Buy reported a sharper-than-expected slowdown in sales at existing stores in its latest quarter and warned that revenue for its holiday quarter would fall.

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U.S. Jobless Claims Decline Last Week

The number of Americans filing for first-time unemployment benefits fell last week, an indication the labor market is improving.

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UnitedHealth Cuts Guidance, Evaluating Insurance-Exchange Segment

UnitedHealth, the biggest U.S. health insurer by revenue, slashed its full-year outlook and said it is evaluating the extent to which it will continue to serve the public exchange markets in 2017.

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Shell's Takeover of BG Group Clears Australian Hurdle

Royal Dutch Shell’s multibillion-dollar takeover of BG Group cleared another hurdle after it was waved through without conditions by Australia’s antitrust regulator.

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BHP Says it Won't Cut Dividend for Now

Shareholders had expressed concern over the payout in light of the global commodities slump and the company’s stake in a Brazilian mine where a dam burst.

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Thyssenkrupp Profit Jumps, Cautious on Outlook

Thyssenkrupp reported a 46% rise in yearly net profit and generated cash, before asset sales for the first time since 2006, further signs that the heavy-equipment and steelmaker’s corporate overhaul is working.

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Starboard Urges Yahoo to Drop Alibaba Spinoff Plan

Starboard is putting new pressure on Yahoo, calling on the company to halt the spinoff of its Alibaba holdings and instead sell its beleaguered Internet business.

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Pepsi Gets Taste of 'Empire' Drama

Fox show will make real commercial for beverage giant as part of a character’s story.

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Japan Exports Fall for First Time in Over a Year

Japanese exports fell for the first time in more than a year in October, hit by weaker demand in China and other Asian economies.

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VW to Meet With Regulators as Patience Frays

Volkswagen is meeting with U.S. regulators this week amid a contentious relationship with them and their European counterparts who will determine the penalties for its emissions-cheating.

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Square IPO Prices at $9 a Share

Skeptical investors forced Square Inc. to sell shares in its initial public offering for less than the mobile payments startup had hoped, dealing another setback to the battered market for new technology-company stock.

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Delta Plans to Increase Stake in Aeromexico

Delta Air Lines Inc. said it intends to acquire as much as an additional 32% stake in Grupo Aeromexico in a deal that aims to strengthen the alliance between the carriers.

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NetApp Earnings Fall But Top Views

NetApp’s earnings fell from a year ago but still came in better than expected, as the data-storage company continues to increase its digital focus.

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SFX CEO Withdraws Bid for Company

Entertainment mogul Robert F. X. Sillerman withdrew his latest offer to acquire all outstanding shares of his troubled dance-festival conglomerate, SFX Entertainment.

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Treasury Department Plans Anti-Inversion Tax Rules This Week

The U.S. Treasury Department will release new “targeted guidance” designed to reduce the tax benefits available to U.S. companies that move their tax address overseas.

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Coca-Cola Launches Carbonated Smartwater

Coca-Cola will begin selling a carbonated version of its smartwater brand this month in some restaurants, hotels and stores in New York City, Los Angeles and Miami, with a wider rollout next year.

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Earnings Up 24% at Victoria's Secret Parent L Brands

L Brands, the parent company of Victoria’s Secret and Bath & Body Works, again raised its per-share earnings guidance for the year as it reported that profit rose 24% in the three months ended in October.

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Why Alibaba's Shopping Spree Makes Sense

Chinese e-commerce company Alibaba has been on a shopping spree. Li Yuan writes it would be premature to dismiss the strategy as lacking logic.

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Japanese Deflation Threat Hangs Over China

China may indeed be a currency manipulator, but the economy needs lower interest rates and a weaker currency given mounting deflationary forces, writes chief economics commentator Greg Ip.

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Startup Fuels Africa's Mobile-Payment Boom

MFS Africa, a 30-person startup, has pioneered a mobile payment platform embraced by the continent’s biggest telecommunications operators, helping 55 million people send money across borders through their phones.

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The Dolls Beyond Barbie

More dolls show girls in action parachuting or traveling and parents often prefer them to the fashion-conscious and slender Barbie. But Mattel is working hard to change the iconic doll’s image.

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The Ultimate Fast Track for VIPs at LAX

The Middle Seat: A new private terminal would keep celebrities, or anyone else willing to pay, away from paparazzi and airport hassle.

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Fed Minutes: December 'Could Well Be' Time for Rate Hike

Federal Reserve officials meeting last month anticipated it “could well be” time to raise short-term interest rates at a December policy meeting after keeping them pinned near zero for seven years.

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Condé Nast to Shutter Details Magazine

The December issue of Details magazine will be the publication’s final issue as owner Condé Nast reorganizes to cope with declining print ad sales.

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Ethan Allen Election Rules Flawed, ISS Says

Proxy adviser ISS says furniture retailer Ethan Allen’s voting rules make it possible for the current board to entrench itself after a board election next week.

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Cosco-China Shipping Merger Approval Seen by January

China’s shipping giants are in advanced talks to create the fourth-largest container line, a deal that could touch off a wave of consolidation in the industry

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Elisabeth Murdoch Launching Mobile Video Company Vertical Networks

Elisabeth Murdoch is launching a media company focusing on short-form video for mobile devices. The new project comes about a year after she exited the family business.

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Workers at Two Major Ford Factories Reject Labor Pact

The United Auto Workers’ effort to ratify a new labor deal with Ford suffered a significant blow with two major factories in Kentucky rejecting the agreement by a roughly two-thirds majority.

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Will Online Skills Land You a Job?

Credentials from online courses and boot camps that job seekers add to resumes don’t carry much weight in hiring yet.

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ConAgra to Split in Two

ConAgra Foods unveiled plans to split into two independent public companies, with one housing branded consumer foods and one focused on frozen potatoes.

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Target Reports Profit, Sales Growth

Target reported a better-than-expected increase in third-quarter sales as the retailer’s merchandise changes are paying off, helping to ease concerns over spending heading into the key holiday shopping season.

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Canadian Pacific Details Offer for Norfolk Southern

Canadian Pacific Railway released details of the merger-proposal letter it sent to Norfolk Southern, confirming a cash-stock offer that it said would value the combined company at $270.68 per share.

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Fed's Dudley: Work Remains on 'Too Big To Fail'

Federal Reserve Bank of New York President Dudley said regulators and large banks have made significant progress toward ending the perception that the firms are “too big to fail,” but more work needs to be done.

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U.S. Housing Starts Fall 11% in October

New-home construction sank in October, as builders dialed back construction of apartments and condominiums that drove demand through much of the summer.

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Lowe's Posts Better-Than-Expected Quarter

Lowe’s Cos. on Wednesday reported better-than-expected profit in its third quarter, with more customers visiting the home improvement retailer.

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Comcast Drops YES Network

The cable giant and the sports network that carries both the Yankees and the Nets couldn’t come to terms over a new carriage agreement.

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Nokia Launches $16.6 Billion Offer for Alcatel-Lucent

Finnish wireless-equipment specialist Nokia Corp. has commenced its share-exchange offer for Alcatel-Lucent SA shareholders in Paris and New York, betting its $16.6 billion takeover will allow the new company to better compete in a global race for scale.

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Companies Reassess Travel Policies in Wake of Attacks

After Friday’s terror attacks in Paris, employers are boosting security for staff traveling in and around Europe.

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IPic Sues Regal and AMC Over Movie Screening Rights

Small movie-theater chain iPic Entertainment filed a lawsuit raising fresh allegations about the business practices of the nation’s largest theater companies and the tactics they use to dictate where certain movies are played.

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Microsoft Co-Founder's Space Project Is in Limbo

Microsoft co-founder Paul Allen’s space project is in limbo as the plan to use a mammoth plane to blast big satellites into orbit may no longer be needed.

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Marijuana Firms, Startups in Unlikely Partnership

Startups provide legal marijuana farmers, retailers and customers with data-driven tools to optimize business.

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India's Internet Usage Rises

India will overtake the U.S. to have the second-largest population of Internet users after China by December, an Indian trade group said.

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Bob Evans Taps Saed Mohseni as New CEO

Bob Evans Farms tapped as its new chief executive Saed Mohseni, a restaurant-industry veteran who said in an interview he would like to make Bob Evans a national brand.

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Air Liquide to Buy Airgas for $10.3 Billion

Air Liquide agreed to buy U.S.-based Airgas in a deal valued at $13.4 billion, including debt, that would strengthen the French industrial-gas leader’s position in North America.

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Rivals Take Aim at UPS, FedEx With Services Focus

Online purchases of bulky items like furniture are up sharply, creating opportunities for delivery companies able to provide home drop offs with services such as set up, installation and removal of old goods.

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Gawker to Focus on Political News, Not Gossip

Gawker Media said it would reorient its flagship site Gawker.com to focus on political news and away from gossip.

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E-Cig Sales Rapidly Lose Steam

Sales of electronic cigarettes have fallen sharply in recent months, ending five years of triple-digit growth and making the much-touted category look more like a potential fad than real threat to Big Tobacco.

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Review: One Device to Cure Your Gadget-Charging Headaches

As cables and adapters seem to multiply and grow, the battery-charging situation is getting out of hand. Joanna Stern reviews the best multi-USB wall chargers.

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New York Asks Court to Shut Down FanDuel, DraftKings

The New York attorney general has asked a state court to shut down the big daily fantasy sports operators, his latest effort to prevent state residents from playing the controversial games.

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It's Time to Record Our Grandparents' History

A smartphone app from StoryCorps can bridge generations by turning anyone into a documentarian, and save oral histories of family and friends in the Library of Congress.

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Ethan Allen Takes Aim at Activist's Board Nominees

Ethan Allen Interiors is challenging the credentials of some of the directors nominated by an activist investor that hopes to take control of the furniture company’s board at an annual meeting next week.

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Statoil Follows Shell in Quitting Alaska

Norwegian company says exploration activities in Chukchi Sea couldn’t compete with projects elsewhere.

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Angie's List Rejects IAC Buyout Offer

Angie’s List said Tuesday it won’t pursue an unsolicited buyout offer from IAC/InterActiveCorp. because it undervalued the company.

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Home-builder Confidence Declines

U.S. builders’ confidence in the housing market declined this month but remained near a 10-year high, suggesting the industry is sustaining momentum despite troubles in the global economy.

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Spotify to Offer Artists Data on Fans

Spotify, the world’s biggest subscription-music service, plans to offer artists better data about their listeners with a test version of what it calls Spotify Fan Insights.

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U.S. Industrial Production Falls 0.2% in October

U.S. industries scaled back production in October as the continuing slump in crude oil prices weighed down U.S. oil drilling and extraction.

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U.S. Consumer Prices Climb 0.2% in October

U.S. consumer prices rose in October, although the broader trend suggests underlying inflation remains historically weak.

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Wal-Mart Offers Upbeat Profit Outlook

Wal-Mart gave upbeat earnings guidance, even as profit and revenue edged lower in its latest quarter on weaker international sales.

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Foxconn Pushes Into China Financial Services

Apple’s largest manufacturer joins Baidu, Alibaba, Tencent as it quietly ventures into business lending, with plans to offer financial products within a couple of years.

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Home Depot Reports Solid Sales Growth

Home Depot backed the high-end of its previous guidance for the year, as the recovery in the U.S. housing market helped drive better-than-expected earnings growth in its latest quarter.

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EasyJet to Buy More Planes as Profit Jumps

EasyJet reported a 22% rise in full-year net profit and said it would spend $3.8 billion on new planes to drive future growth.

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Australia's Bricklayers Face Robot Challenge

What do you do when a hot property-market has driven bricklayer salaries to nearly $100,000 a year in Australian cities like Sydney? Call in the robots.

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Taco Bell to Switch to Cage-Free Eggs

Yum Brands Inc. said on Monday its U.S. Taco Bell restaurants will to switch to using cage-free eggs by the end of next year, joining other fast-food chains that have already announced similar commitments.

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Judge Denies DraftKings, FanDuel Requests for Restraining Order

Efforts by the two biggest daily fantasy-sports companies to prevent New York’s attorney general from shuttering their operations in the state were shot down Monday.

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To Find a CFO, Many Firms Turn to Their Own Board Members

Recruiting top-notch financial talent can be tricky, especially when the logical successor is a board member. As more CFOs serve on boards, some firms are tapping directors to fill executive posts.

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ULA Drops Out of Pentagon Rocket Contest

The U.S. Air Force’s first space-launch competition in a decade threatens to turn into a dud, as the United Launch Alliance joint venture that has dominated sensitive satellite work said it had pulled out because it can’t buy enough Russian-made engines.

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CMA CGM Emerging as Favorite to Buy Neptune Orient Lines

CMA CGM SA is emerging as an early favorite to buy Singapore’s Neptune Orient Lines Ltd., in what would be one of the biggest tie-ups between container shipping lines in recent years.

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Liberty Global to Buy Cable & Wireless Communications for $5.3 Billion

Cable tycoon John Malone’s Liberty Global agreed to buy Caribbean cable operator Cable & Wireless Communications for $5.3 billion, strengthening the acquisitive company’s foothold in an emerging market ripe for additional consolidation.

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Ohio Power Companies, Consumers Spar Over Paying for Spare Electricity

Ohio’s AEP and FirstEnergy have sparked criticism by proposing that consumers and businesses in the state should cover the cost of operating seven old, unprofitable plants to keep surplus power available.

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New Diagnostic Tools Emerge in War Against Superbugs

Companies are racing to develop diagnostic technologies that can be used to pinpoint the cause of common infections quickly.

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McDonald's to Offer McPick 2 Menu

McDonald’s has come up with a new value menu that it hopes will attract cost-conscious customers after years of losing traction with its existing low-priced selection.

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China Is Becoming a Supercomputing Powerhouse

China now hosts 109 of the high-performance computing systems on a widely watched list of the world’s most powerful supercomputers. The country had just 37 machines on the list only six months ago.

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Education Management to Pay $95.5 Million to Settle Federal, State Charges

Federal prosecutors announced a $95.5 million settlement with Education Management to settle allegations the for-profit education company used “high pressure boiler room” tactics to recruit students.

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Security Issues Threaten Global Economy

Three days after the deadliest attacks on French soil since World War II, leaders of the world’s largest economies signaled growing worries that security issues could sabotage an already weak global economy.

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Constellation to Buy Ballast Point for $1 Billion

Constellation Brands agreed to acquire Ballast Point Brewing & Spirits for roughly $1 billion, adding a craft beer maker to the alcoholic-beverage company’s beer business.

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China to Tighten Limit on Foreign TV and Video Imports

China is clamping down on DVD imports that Chinese Internet companies use to circumvent government controls on showing foreign movies and television shows online.

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In Seeking Policy Clues, Not All Fed Speak Is Equal

To help cut through the cacophony of voices at the Fed, The Wall Street Journal surveyed 42 private forecasters on how useful they found individual officials’ public remarks as they gauged the course of Fed policy.

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Marriott to Buy Starwood Hotels

Marriott International said that it has agreed to acquire Starwood Hotels & Resorts Worldwide in a deal worth $12.2 billion.

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New iPhones Lift Foxconn Earnings

Apple’s iPhone 6S helped Foxconn post a bigger-than-expected rise in third-quarter net profit, as the company weathered a smartphone slowdown.

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Korean Air Gets Bump From Cheaper Fuel

Cheaper fuel propelled Korean Air Lines to a 20% increase in third-quarter operating profit, beating market expectations, though revenue was down and the net loss widened.

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Textron Bets on New Business Jet

Cessna parent Textron on Monday will announce plans to launch a new business jet into a market that remains stagnant after the collapse that followed the financial crisis, with buyers in emerging markets taking more to the sidelines than the skies.

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Companies Borrow Uber's Best Ideas

Workplace systems that look more like the “gig” economy of contractors are coming to traditional, full-time employers, and many workers seem to love it, writes Christopher Mims.

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How Hard Can It Be to Stop a Kangaroo?

Swedish auto maker Volvo wants to develop a technology that can help avert collisions with kangaroos. The moving marsupials present a challenge.

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AstraZeneca Gets FDA's OK for Lung-Cancer Drug

AstraZeneca won FDA approval for a potential lung-cancer treatment, after an unusually quick development process that took just two and a half years.

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BHP Billiton to Face Questions From Shareholders

When shareholders in BHP Billiton gather in Perth, Western Australia, for the company’s annual general meeting Thursday, a faraway iron-ore mine in rural Brazil will be on their minds.

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TV Programmers Push Netflix for Promotions, Branding

Networks that license shows to Netflix are pushing the streaming service to carry promotional branding for the network. ABC’s “How to Get Away with Murder” secured such a deal.

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Lack of Workers Hobbles Japan's Growth

A shortage of workers in Japan, caused by an aging workforce, education gaps and immigration curbs, is stunting the country’s economic growth.

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Oil Majors' Dividends Survive Crude's Plunge

The world’s biggest energy companies have doubled down on their promise to protect dividends, despite a precipitous drop in profits this year, driven by a steep decline in oil prices.

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Japan Slides Into Recession

Japan’s economy contracted 0.8% on an annualized basis in the third quarter, entering a second recession in two years.

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Parties' Divide on Economy Widens

Democrats and Republicans, based on their recent presidential debates, are set to offer voters a stark choice in 2016 about how the economy should be managed, with both sides moving toward the outer flanks of their parties.

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'Star Wars' Is a Force in Toy Aisles

Retailers including Wal-Mart and Target are loading up on toys tied to the coming “Star Wars” movie, crowding out shelf space and inventory dollars elsewhere in the toy section.

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Chinese Baby-Goods Market Grows Up Fast

It remains uncertain how much Beijing’s abandoning the one-child policy can boost China’s birthrate, but entrepreneurs and investors have high hopes for businesses that cater to mothers and children.

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'Star Wars' Game to Launch

Electronic Arts is counting on a special force to power sales of “Star Wars Battlefront” to teenagers around the world when the videogame hits shelves on Tuesday: parents.

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G-20 Faces Hurdles to Spurring Growth

As Group of 20 leaders gather in Antalya, Turkey, renewed fears of terrorism are overshadowing the world’s entrenched economic problems.

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IMF Move to Give Yuan Reserve Status Likely to Boost China Assets

The International Monetary Fund’s decision to bestow reserve-currency status on China’s yuan marks a major economic milestone for the emerging world power that will likely accelerate global demand for Chinese assets.

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Quiet U.S. Ports Spark Slowdown Fears

America’s busiest ports reported a decline in imports during the key peak shipping season for the first time in at least a decade, sparking fears of a broader economic slowdown in the U.S.

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GE in Talks With Two Suitors for Japan Leasing Operation

The race to buy General Electric’s nearly $5 billion Japanese commercial-lending business is nearing the finish line, with two bidders left.

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ANA Seeks Stakes in Other Asian Airlines

ANA Holdings is looking to bolster its hold on Asian traffic through equity stakes in other Asian carriers and joint ventures, CEO Shinya Katanozaka said.

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ISS Backs Dissidents for Ethan Allen Board

Institutional Shareholder Services’ proposal to back three of the six nominees would put pressure on CEO Farooq Kathwari without necessarily pushing him out.

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Merchants Eye Online Sales Data for Shifts in Buying Habits

With online sales taking up a greater share of the retail pie, merchants, mall owners and economists will be looking to data due out on Tuesday for signs of a shift in buying habits that could point to further changes in America’s shopping infrastructure.

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Canadian Pacific Pitches Tie-Up With Norfolk Southern

The chief executive of Canadian Pacific Railway met with his counterpart at Norfolk Southern on Friday and proposed a merger of the railroad giants, an advance that was met with a chilly reception.

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T-Mobile's Latest Move Quietly Brings Price Increases, Data Limit

Two days after charismatic Chief Executive John Legere led a flashy event to launch free video streaming to customers, the carrier sent a different message to Wall Street.

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Staples, Office Depot in Talks to Transfer Corporate Contracts

Staples and Office Depot are offering to transfer large corporate contracts worth roughly $600 million, in an attempt to mollify government antitrust concerns.

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Target Family Scion Bruce Dayton Dies at 97

Bruce Dayton, the second oldest of five brothers who turned his family’s Minnesota department store business into what is now Target Corp., died Friday at the age of 97.

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G-20 Set to Approve Overhaul of Corporate-Tax Rules

Leaders from the Group of 20 largest economies, meeting in Turkey on Sunday and Monday, are set to give their final stamp of approval to a major overhaul of the international rules governing corporate taxes.

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DraftKings, FanDuel File Suits to Fight New York Shutdowns

DraftKings and FanDuel filed separate lawsuits Friday seeking to stop New York’s attorney general from shuttering the daily fantasy-sports operators in the state.

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Anti-Licencing Movement Scores a Victory

Fitness trainers in the nation’s capital city, led by a push from CrossFit, look set to pull off a feat that has eluded the White House and a number of libertarian groups: stopping the spread of occupational licenses.

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U.S. Consumer Sentiment Climbs

U.S. consumer confidence rose for the second straight month in November, offering hope for retailers as they head into the holiday season.

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Penney Sales Rise, but Shares Fall

J.C. Penney reported better-than-expected sales growth, citing strength in all of its merchandise divisions, but shares fell amid concerns about holiday spending by consumers.

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Volkswagen Sales Dented Amid Emissions Scandal

Volkswagen’s sales of VW brand vehicles fell 5.3% in October, the first full month of trading since revelations that the German automotive giant had cheated on emissions tests in the U.S.

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U.S. Retail Sales Show Continued Consumer Caution

Consumer spending barely edged up last month—rising just 0.1%— and was weaker than previously thought in September, suggesting Americans remain cautious about opening their wallets despite strong job gains and accelerating wages.

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U.S. Producer Prices Fell in October

The producer-price index fell in October, the latest sign of low inflation amid cheap gasoline and a strong dollar.

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Mylan Loses Hostile Bid for Perrigo

Mylan lost its $26 billion hostile bid for Perrigo after a seven-month pursuit, a rare outcome in what shaped up to be one of the most bitter takeover battles in decades.

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Sports Teams Score Lucrative Deals in China

Chinese media and Internet companies have struck big sports deals, often paying many multiples to the prices they paid in the past. The companies are driven by a growing Internet audience and a government push to promote professional sports.

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Syngenta Shares Rise on Takeover Report

Syngenta shares surged after a report that the Swiss pesticides maker could be the target of a nearly $42 billion offer from China National Chemical Corp.

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Air France Fires Four Staff Suspected of Accosting Executives

Air France has fired four employees suspected of accosting two executives in October, an incident that caused uproar in the country and cast a harsh light on the airline’s contentious labor negotiations.

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Toshiba Investors Spooked by U.S. Nuclear Unit Charges

Toshiba shares fell sharply after the Japanese company said its U.S. nuclear business, Westinghouse, booked $1.3 billion in impairment charges, raising investor concerns about a new phase in a drawn-out accounting scandal.

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German, Italian Economies Slow on Weaker Exports

The German and Italian economies slowed in the third quarter, reflecting weaker exports, a drag that the French economy managed to overcome as it returned to growth.

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BHP Billiton Shares Fall to Near-Decade Low

Shares of BHP Billiton fell close to a decade low as a drop in commodity prices overnight compounded investor worries about the fallout from a dam-burst at its jointly-owned Brazilian iron-ore mine operation.

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Sumitomo Mitsui to Enter Talks to Buy GE Japan Leasing

SMFG’s offer values General Electric’s Japan leasing business at more than $4.5 billion, a person familiar with the matter said.

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Mylan Set to Lose in $26 Billion Hostile Takeover Battle for Perrigo

Mylan is poised to lose its hostile bid for Perrigo, people familiar with the matter said, a rare outcome in one of the bitterest takeover battles in decades.

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Secretive 'Scouts' Fund Silicon Valley

Sequoia Capital has funneled millions of dollars to well-connected entrepreneurs and academics who put the money in startups and look for ideas for the venture-capital firm.

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Diageo Seeks Consumer Research to Help Reverse Sales Slump

Diageo said it is overhauling its North American marketing operations and putting more emphasis on consumer research as it looks to reverse weak sales in its largest market.

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Barnes & Noble Ad Features Tony Bennett and Lady Gaga

Barnes & Noble Chairman Leonard Riggio conceived and wrote a new TV commercial for the book retailer that features singers Tony Bennett and Lady Gaga.

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Value-Added Tax Catches On in GOP Race

Sens. Paul and Cruz want to replace the payroll tax and the corporate income tax with a single levy that is used in many developed nations.

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Highly Valued Startup Zenefits Runs Into Turbulence

Human-resources startup Zenefits is falling short of its aggressive revenue targets and has started to curb expenses, making it the latest highly valued venture-backed company struggling to meet investor expectations.

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Hulu in Talks to Sell Stake to Time Warner

Hulu is seeking to sell a stake to Time Warner as part of a deal that would help the streaming-video service compete with Netflix and Amazon.

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Cisco Profit Rises, but Outlook Disappoints

Cisco reported stronger-than-expected sales and profit in its latest quarter, but the Silicon Valley giant’s guidance disappointed Wall Street.

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U.S. Budget Deficit Edges Higher in October

The U.S. budget deficit rose in October but remained below its year-earlier level, the Treasury Department said Thursday.

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GM to Import Chinese-Made Buick

General Motors, fresh from agreeing to a new four-year union contract that is expected to drive up its U.S. labor costs, plans to become the first U.S. auto maker to sell a Chinese-made car in America.

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Canada's Oil Producers Brace for Latest Test: Higher Carbon Taxes

Canadian oil producers, already pummeled by the prolonged slump in oil prices and a string of political setbacks, now face another challenge: higher carbon taxes.

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EU Wants Firms to Help Mitigate U.S. Data Surveillance

American businesses could be required to report requests by U.S. intelligence services for the data of European users under a trans-Atlantic data-transfer pact now being negotiated, according to the European Union’s justice commissioner.

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Economists Overwhelmingly Expect Fed to Raise Interest Rates in December

There is near-unanimous agreement among private forecasters surveyed that the Federal Reserve will begin raising short-term interest rates next month after holding them near zero for seven years.

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WSJ Survey: Economists See Downside Risks Receding

The clouds hanging over economists’ outlook for the year ahead have cleared, according to a monthly WSJ survey. Fewer predict the economy will underperform and estimates of recession risk fell.

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