Oscars Bring In Fewest Viewers Since 2008

About 34.3 million people tuned in for the ABC broadcast hosted by Chris Rock, an 8% drop from last year. The 88th annual show was the least-watched Academy Awards since 2008.

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News Corp Settles In-Store Ads Class Action

News Corp reached a $250 million settlement in a lawsuit brought by several major consumer brands that accused the company of monopolistic practices and overcharging for in-store discount advertising.

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Target Appoints New Supply Chain Officer from Amazon

Target hired an Amazon.com Inc. executive to lead a supply chain transformation that must grapple with merged online and store operations and customize offerings in many locations.

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U.S. Shale Producers Cut Back Production

Some of America’s biggest shale producers are beginning to ratchet back oil and gas production for the first time in years, bending to the reality that a global glut will keep prices depressed.

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Training NFL Prospects---and Office Workers

EXOS is training some of the top prospects for this year’s NFL draft—and a bunch of office workers.

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Americans Firms in Southern China's Manufacturing Areas Face Tougher Local Competition

American companies operating in southern China’s manufacturing areas say they face tougher local competition, ongoing regulatory concerns and rising labor costs, but most said they are profitable and intend to reinvest in China, according to a survey.

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Hertz Swings to Profit but Cuts 2016 Outlook

Hertz Global Holding cut its projections for 2016, citing continued weakness in its U.S. car rental business the energy sector, which has driven down demand for its rental equipment.

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Judge Sides With Apple in Drug Case Involving Locked Phone

A judge in New York sided with Apple against the Justice Department, in a fight over whether the company can be forced to help unlock a phone—a ruling that could affect a similar, much-watched case over a terrorist’s phone.

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SodaStream Lashes Out Over Work Permits

SodaStream International criticized Israeli authorities Monday for refusing to renew work permits for its Palestinian factory workers. The government said its priority was jobs for Israelis.

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Maserati Looks to SUVs for Sales Boost

The European debut of the about $81,500 Levante sport-utility comes as the world is shifting away from passenger cars, but the newest Maserati faces a crowded market for luxury SUVs.

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Akamai Discloses Internal Probe Into Bribery Allegations

Akamai Technologies Inc. disclosed a company investigation into the Internet technology company’s sales practices in a country outside the U.S., including whether employees may have violated U.S. antibribery laws.

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Sysco to Cut 1,200 Jobs

Sysco said it is eliminating 1,200 jobs and abandoning a yearslong technology overhaul in an effort to accelerate profit growth.

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EPA Asks About Mercedes Emissions

U.S. environmental regulators have requested emissions information on diesel-powered Mercedes-Benz luxury vehicles after a lawsuit alleged the cars illegally turn off pollution controls in cooler weather.

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Sites Like GoFundMe and YouCaring Raise Money---and Concerns

Crowdfunding websites like YouCaring and GoFundMe make it easy for people to raise money for a variety of causes, such as funeral expenses and medical bills. But the sites have come under fire for not having enough controls to protect users.

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Valeant Under Investigation by SEC

Valeant Pharmaceuticals International Inc. said Monday it is under investigation by the Securities and Exchange Commission, the latest issue to face the beleaguered drug company.

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Tribune Media Exploring Asset Sales

Tribune Media said Monday it is exploring a possible sale of assets or strategic partnerships to boost its flagging stock price. The disclosure came as the broadcaster swung to a loss in the fourth quarter.

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Google Self-Driving Car Hits Bus

One of Google Inc.’s self-driving cars hit a bus while in autonomous mode that may count as the first accident that was the fault of the computer.

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European Commissioner Defends Inquiries of Tax Deals

The European official investigating special tax deals for multinational companies defended her inquiries, deflecting U.S. accusations she is disproportionately targeting U.S. companies.

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Sumner Redstone Competency Lawsuit to Continue

A lawsuit challenging the mental competency of media mogul Sumner Redstone will proceed after a California judge on Monday turned down a motion to dismiss the case.

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Icahn Offers to Buy Rest of Federal-Mogul

Federal-Mogul Holdings said Monday it has gotten a merger proposal from majority shareholder Icahn Enterprises valuing the auto-parts maker at $1.18 billion.

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U.S. Pending Home Sales Tumbled 2.5% in January

The number of existing homes tentatively sold across the U.S. fell 2.5% in January, as swiftly rising prices and lower inventory muted buyer demand.

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GE's Jeff Immelt Chides Big Investors

General Electric is still “underowned” by institutional investors, Chief Executive Jeff Immelt argues in his annual letter to shareholders.

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Debate Continues on How Fed Should Give Interest-Rate Guidance

Federal Reserve officials and economists continue to struggle with how the central bank can best provide interest-rate guidance without setting up markets for potential surprises.

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EMC Begins Selling Novel Data-Storage System

EMC is stepping up its commitment to a technology once seen as a threat, including a novel box backed by one of Silicon Valley’s most celebrated hardware designers.

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Amazon Enters Online Grocery Market With Morrisons Deal

In coming months, hundreds of Morrisons products like chocolate and soup will be available to customers of Amazon’s one-hour Prime delivery and Pantry services.

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Toyota Plans Shake-up to Avoid Curse of 10-Million Club

Toyota President Akio Toyoda is preparing changes in an effort to avoid the curse of 10 million, the global annual vehicle sales threshold that seems to trip up the world’s biggest car makers.

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U.S., EU Release Text of Data Privacy Agreement

U.S. and European Union officials released the text of their new agreement for protecting data privacy, adding new grist to political wrangling in Europe over the proposed agreement.

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3-D Printing Promises to Change Manufacturing

The legions of cheap 3-D printers on the market now are mere toys compared with what is coming, writes Christopher Mims.

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Microsoft Shores Up Its Cyberattack Defenses

Microsoft’s new Cyber Defense Operations Center is at the heart of the software giant’s campaign to rebuild its reputation for security at a time when the number of potential cyberattack targets has exploded.

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Oscars Host Chris Rock Spares Few in Opening Monologue

Host Chris Rock started off the 88th Academy Awards with a monologue that directly addressed the elephant in the room, provoking big laughs and awkward silences.

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Valeant Says CEO Michael Pearson Returning

Valeant Pharmaceuticals said chief executive Michael Pearson has returned from medical leave to lead the company, and the embattled Canadian drugmaker moved to split its chief executive and chairman roles.

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FCC Probes Cable's Influence on Web TV

The FCC is probing whether big cable firms use special contract provisions to discourage media companies—from Walt Disney to smaller firms—from running programming on the Internet.

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One Way to Make Mortgages Easier to Get

The government, investors and lenders are teaming up to revive the market for mortgage bonds issued by private financial institutions, including bonds backed by subprime borrowers, in a bid to broaden access to home loans.

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Everything You Need to Know About Negative Rates

The Bank of Japan, the European Central Bank and several smaller European authorities have ventured into the once-uncharted territory of negative interest rates. But what are negative rates, and how do they come about?

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Vice Media to Launch Its Own Cable- TV Channel

Vice Media is set to become the first digital-media company to launch its own cable-TV channel, a joint venture with A+E Networks, and has assembled a roster of big advertisers lured by the promise of a young audience.

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Helicopter Makers to Revisit Safety Initiatives

Helicopter manufacturers and operators from around the globe will gather this week to revamp safety initiatives, after years of lackluster results marked by stubbornly high fatality rates.

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Chinese Metals Firm Clashes With U.S. Workers

Employee tensions at Golden Dragon’s first U.S. factory are providing a cautionary tale for the rising number of Chinese firms making acquisitions or setting up American operations.

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EU Tax Ruling May Prompt Business Move Out of Belgium

Some multinational companies operating in Belgium are considering shifting part of their business out of the country after the EU declared a tax scheme illegal and is requiring the companies to pay back unpaid taxes.

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Oscars 2016: 5 Things to Watch

The 88th annual Academy Awards gets underway tonight starting at 8 p.m. EST. The annual award show will honor the year in film for 2015, which saw movies such as “Star Wars: The Force Awakens” set records at the box office.

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Google's Parent Could Be Big Winner in Intel Tax Dispute

Alphabet Inc., Google’s parent company, could gain at least $3.5 billion in new tax benefits if Intel Corp. succeeds in its international tax dispute with the Internal Revenue Service, an amount that exceeds Google’s entire 2015 tax cost.

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MSNBC Parts Ways With Program Host Melissa Harris-Perry

MSNBC is parting ways with weekend program anchor Melissa Harris-Perry, who criticized management for pre-empting her show in recent weeks in favor of presidential-campaign coverage.

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How China Inc. Plans to Pay for Biggest Overseas Deal

China National Chemical wants $30 billion in loans to finance its $43 billion acquisition of Swiss pesticide and seed company Syngenta, and banks are lining up to write checks.

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Japanese Firms Bet on Bubble Economy

From their potential in growing better crops and extending the freshness of food to enhancing health care, microscopic bubbles are the next big thing for some companies in Japan.

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Apartment-Building Boom Looks Set to Ease

Apartment construction has been a bright spot in an otherwise lackluster recovery of the nation’s housing market over the last five years. Now economists say the tide might be turning away from apartments and toward single-family homes.

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Warren Buffett Defends Berkshire's 2015 Performance

Warren Buffett’s annual letter to Berkshire Hathaway shareholders highlighted his optimism about the conglomerate’s profit, while defending some business moves, such as Berkshire’s controversial partnership with 3G.

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In Geneva, SUVs Grab the Spotlight

Auto executives descending on Geneva this coming week for the annual motor show are bringing a lineup of new models heavy on sport-utility vehicles that they hope will keep European auto sales growing in 2016.

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G-20 Says Economic Risks Have Risen Globally

Senior officials from the Group of 20 major economies expressed concern about rising “downside risks and vulnerabilities” in the global economy and said varied tools are needed to sustain growth, though they stopped short of calling for coordinated new spending.

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RBS: Why Cash Return Is Still Tomorrow's Story

The U.K. lender is only postponing the date when investors will start to get dividends again, not putting them in doubt

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Exelon Inches Closer to Completing Acquisition of Pepco

Exelon Corp. moved closer Friday to completing a contested $6.8 billion acquisition of Pepco Holdings Inc. that would create one of the largest electric utility holding companies in the U.S. 

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U.S. Bid to Prosecute BP Staff in Oil Spill Falls Flat

A not-guilty verdict was an ignominious end to the final case in the government’s effort to find individuals criminally responsible for the blowout on the Deepwater Horizon.

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Scalia's Supreme Court Vacancy Could Leave Companies at a Loss

Dow Chemical said it would settle a class-action lawsuit for $835 million, citing what it said were diminished chances of success for its appeal at the Supreme Court following the recent death of Justice Antonin Scalia.

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Honeywell, United Tech Spar Over Takeover Offer

Honeywell and United Technologies duked it out on Friday, attempting to rally shareholder support as their discussions over a potential $90.7 billion merger spilled into the open.

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Petrobras Signs $10 Billion China Loan Deal

Brazil’s Petrobras has signed a term sheet with China Development Bank to obtain loans worth $10 billion in exchange for supplying petroleum to Chinese companies.

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DOJ Subpoenas GE Unit in Subprime Probe

The Justice Department has subpoenaed records concerning subprime mortgages from General Electric Co.’s financial services business, the company said in a securities filing

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Army Picks Three for Radio Deal

Harris Corp., General Dynamics Corp. and Rockwell Collins Inc. were selected for the first phase of the Army’s Manpack radio modernization program.

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Alibaba in Talks With Banks for up to $4 Billion Loan

Chinese Internet giant Alibaba is in discussions with banks for a loan of up to $4 billion to fund expansion plans, including acquisitions.

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Boeing Drops Bomber Pursuit

Boeing said Friday that it won’t pursue any further challenges following its loss to Northrop Grumman of a big contract to build new bombers for the U.S. Air Force.

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Grand Larceny Charges Dropped Against Dewey Ex-Executives

A New York judge dismissed the grand larceny charges against the two remaining defendants in the financial fraud case stemming from the collapse of the law firm Dewey & LeBoeuf.

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Caterpillar Ends Production of On-Road Dump Trucks

Caterpillar Inc. said it would discontinue production of its on-road dump trucks as the company faces slumping demand for commercial trucks and construction equipment.

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Congress Warily Eyes Apple-FBI Standoff

As the fight heats up between Apple and the Justice Department over investigators’ push for access to a locked smartphone, Congress has waded in warily to see if it can broker a compromise or bolster the argument of either side.

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More Legal Trouble for UBS

A Belgian judged launched a probe into whether Swiss bank UBS helped wealthy clients in the country evade taxes.

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Consortium of Funds Buys London City Airport

The private equity owners of London City Airport said they were selling their stakes to a consortium of funds including Ontario Teachers’ Pension Plan.

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G-20 Draft Communique Wrestles With Stimulus Efforts

The Group of 20 largest economies are considering whether to tell world markets they are ready to launch new stimulus efforts to boost output and protect an increasingly volatile financial system, according to an early draft of the communiqué.

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U.S. Consumer Spending Accelerates in January

U.S. consumers increased their spending to start the year with the support of stronger income gains, and inflation showed signs of firming.

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U.S. Economic Growth Revised Higher in Fourth Quarter

The economic slowdown in the fourth quarter was less severe than previously estimated, as companies’ pull back on inventory declined less than originally expected.

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Hilton to Spin off Hotels Into REIT, Separate Timeshare Business

Hilton Worldwide Holdings Inc. confirmed plans to spinoff most of its hotels into a real-estate investment trust, a popular move among companies looking to slim down, and said it would split off its timeshare business into a separate company.

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Eni's Net Loss More Than Triples to €8.46 billion

Eni SpA said its fourth-quarter net loss more than tripled as the Italian oil and gas company wrote down the value of its assets to reflect the recent plunge in the price of crude oil.

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British Airways Parent IAG's Profit Boosted by Low Fuel Costs

British Airways parent International Consolidated Airlines Group reported a 77% rise in full-year profit and should see further gains in 2016 on a sharp drop in fuel costs and improved operational performance.

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BASF Earnings Squeezed by Low Oil Price

German chemicals company BASF posted a 76% decline in fourth-quarter net profit, squeezed by low earnings at its oil and gas and basic chemicals divisions, and said it expects reduced sales and profitability in the current year.

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Nintendo Halves Earnings Guidance

The company cited the strong yen and weaker-than-expected sales of its handheld game device, strengthening the view that the company needs a strong migration to the mobile game industry.

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Sharp Says Foxconn Takeover Talks Are Ongoing

Sharp said takeover talks with Foxconn Technology Group are ongoing and its disclosures of contingent liabilities have been appropriate.

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J.C. Penney Reports Upbeat Holiday Quarter, Outlook

J.C. Penney reported better-than-expected earnings for the holiday quarter, boosted by higher sales and lower expenses, and provided an upbeat profit forecast for the current year.

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Republic Airways Files for Bankruptcy

Republic Airways Holdings Inc. has filed for chapter 11 bankruptcy protection after struggling with labor issues including a pilot shortage.

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OECD Sounds Alarm Over Slowdown In Economic Overhauls

Governments’ slower implementation of policy changes that are needed to boost long-term growth prospects is “deeply concerning,” an OECD report said as G-20 finance officials meet in Shanghai.

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Gold Miner Bets on Platinum's Comeback

Sibanye Gold is buying many of South Africa’s aging platinum deposits on the cheap, betting it can replicate a strategy that helped turn a spinoff of struggling old mines into one of the world’s top gold producers.

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Oprah Hasn't Reversed Sales, Subscriber Losses at Weight Watchers

Oprah Winfrey’s highly publicized weight loss isn’t yet fueling big gains for Weight Watchers International Inc.

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Clash Erupts Over Seasonal-Worker Visa Program

Businesses across the country are being hit by delays in the Labor Department’s H-2B visa program that allows tens of thousands of low-skilled seasonal workers into the U.S. each year, reigniting a clash over the program’s merits and whether it harms domestic workers.

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Kraft Heinz Profit, Revenue Beat Expectations

Kraft Heinz Co. reported fourth-quarter adjusted profit and revenue that beat expectations in the packaged-foods giant’s second earnings report since its merger in July.

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Gap Forecasts a Profit Decline

Gap Inc. on Thursday said profit would fall in the current fiscal year and that it would reduce capital spending and buy back fewer shares as it sought to pay down debt.

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Viacom CEO Dauman Ordered to Give Deposition in Redstone Case

A New York judge ruled that Viacom Chief Executive Philippe Dauman can be deposed in a court case challenging the mental competency of Sumner Redstone, the 92-year-old controlling shareholder.

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Foxconn Holds Off on Deal to Buy Sharp

Foxconn of Taiwan said it would delay signing any deal to buy Sharp because it had been surprised by new information the Japanese company disclosed just a day earlier.

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Smartphone Makers Look Beyond the Device

The smartphone, once a revolutionary device, is quickly becoming like most other must-have products—a commodity. Handset makers are acknowledging that, and looking beyond the device to churn additional revenue.

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Apple Files Motion Opposing Order to Unlock iPhone

Apple said it asked a court to toss out an order requiring the company to help law enforcement unlock a phone used by a shooter in the San Bernardino terror attacks, calling the order “unprecedented” with “no support in the law.”

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SeaWorld Says Employee Infiltrated Animal-Rights Group

SeaWorld Entertainment acknowledged it had directed an employee to pose as an animal-rights activist, months after People for the Ethical Treatment of Animals alleged the beleaguered company sent in a spy.

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Trump's Firm Weighs Return to Gambling---With a Vegas Casino

Even as Donald Trump’s presidential campaign gains momentum, his family company is mulling a return to the gambling business with a new casino in Las Vegas, according to a business partner and one of Mr. Trump’s children.

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Halliburton to Cut 5,000 Jobs

Halliburton said it is slashing 5,000 positions, or 8% of its global workforce, the latest sign of weakness in the energy sector struggling to cope with a commodities rout.

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Some Viewers Risk Losing PBS Broadcasts After FCC Auction

Local PBS stations could pull in hundreds of millions of dollars by selling their airwaves in an FCC auction, raising worries that pockets of the U.S. could lose access to free broadcasts of shows like ‘Downton Abbey.’

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Judge Gives VW One Month to Fix Diesel Problem in U.S.

The federal judge overseeing consolidated civil litigation against Volkswagen instructed the German auto maker to come up with a fix to stop its diesel vehicles from violating U.S. pollution laws within a month.

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Vale Looks to Sell Core Assets to Reduce Debt

Brazilian mining giant Vale became the first of the so-called Big Three iron-ore producers to put core assets on the block as it seeks to reduce high debt levels amid the commodity downturn.

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Weak Holidays Force Retailers to Shrink, Rethink Web

Dismal holiday results from retailers are forcing executives across the industry to shrink or adapt their stores, and rethink the cost of growing their online operations.

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Court to Postpone Verdict on Former Porsche Managers

A Stuttgart court will postpone its verdict on whether former Porsche managers Wendelin Wiedeking and Holger Härter were guilty of market manipulation during Porsche’s 2008 attempt to take over Volkswagen.

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FBI Chief: Right Balance on Encryption Is 'Hardest Question'

FBI Director James Comey told Congress that striking the right balance on encryption is “the hardest question I’ve seen in government.” He said he believes in encryption and privacy, and at no point criticized Apple or Silicon Valley.

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Vijay Mallya to Resign from Diageo's India Business

The chairman of Diageo PLC’s India business, Vijay Mallya, has agreed to resign in exchange for $75 million, an honorary title, and a noncompete arrangement.

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AB InBev Profit Dented by Falling Emerging Market Currencies

Anheuser-Busch InBev said its fourth-quarter net profit was pressured by falling emerging-market currencies but that it remains on track to take over rival SABMiller this year.

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Kohl's Profit Falls 20%, Plans to Test Smaller Format Store

Kohl’s Corp. on Thursday posted a 20% drop in fourth-quarter profit on continued tepid sales growth and announced plans to close certain underperforming locations and test a smaller format store.

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AMC Networks Posts Better-Than-Expected Profit

AMC Networks reported a better-than-expected 16% increase in fourth-quarter earnings, boosted in part by growth at its national networks, which includes its namesake channel, BBC America and IFC.

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Vale's Losses Widen as Iron-Ore Prices Fall

Brazilian mining giant Vale reported a huge net loss in the fourth quarter, hurt by impairment charges and falling revenue as iron ore prices dropped.

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Premier Oil's Losses Widen After Write-Downs

Premier Oil reported a wider full-year loss after it wrote down the value of some of its oil and gas fields by just over $1 billion before tax because of the sharp decline in oil prices.

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Cruz's Tax Plan Divides Economists

Economists are more divided than usual on the effect of the tax plan at the center of Sen. Ted Cruz’s presidential campaign, with projections that cover the spectrum from sanguine to disastrous.

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U.S. Durable Orders Rose 4.9% in January

Orders for long-lasting manufactured goods posted their largest monthly gain since last spring, a sign the battered manufacturing industry could be stabilizing after one of its worst years since the recession ended.

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U.S. Jobless Claims Rise

The number of U.S. workers filing applications for jobless benefits rose last week, though the overall level remained consistent with an expanding labor market.

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G-20 Finance Officials to Urge Spending Ramp-up, Economic Overhauls

The world’s top finance officials meeting in China this week will urge their counterparts to ramp up spending and speed economic overhauls to revive flagging growth, worried about an overreliance on easy-money policies that could spell trouble for the global economy.

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Changing U.S. Demographics Favor Democrats, Report Says

More minority voters and fewer white voters could help a Democratic candidate win the 2016 presidential election, three policy groups said in a report.

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Losses Deepen at Sears Holdings

Sears Holdings posted a deeper loss in the fourth-quarter as the company said it would accelerate the closing of unprofitable stores.

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Mobile Devices Upend Google Search

Mobile devices are upending 15 years of “search-engine optimization” techniques crafted to attract Google’s attention—and its related $67 billion advertising business.

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Noble Group Swings to $1.67 Billion Loss

Singapore-listed Noble Group reported a net loss of $1.67 billion for 2015, its worst annual performance since listing in 1997, largely due to an impairment charge.

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In End of an Era, MetLife Looks To Part With Insurance Agents

MetLife is preparing to part ways with a central force in the company’s history: its life-insurance agents.

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Engie Pushed to Loss by Hefty Write-Downs

Engie wrote down €8.7 billion worth of assets because of current market conditions, mainly in the oil and gas extraction industry and on power generation assets supplying spot markets.

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Tesla Fights GM-Backed Effort to Halt Sales in Indiana

Tesla Motors is fighting a new effort by a state legislature to halt its direct-to-consumer sales, but this time it’s General Motors pushing the legislation.

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Sharp Accepts Foxconn's $6.25 Billion Takeover Offer

Japan’s Sharp accepted a $6.25 billion takeover offer from Taiwanese iPhone assembler Foxconn.

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ISIS Hackers Target Facebook, Twitter CEOs in Video

Islamic State hackers have announced the group’s latest focus: Facebook Inc. Chief Executive Mark Zuckerberg and Twitter Inc. CEO Jack Dorsey.

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Hollywood Wrestles With Diversity

Diversity—or lack thereof—has become the hottest topic in Hollywood ahead of this Sunday’s Academy Awards, but as industry leaders start considering how to tackle the problem, it is turning out to be particularly complex.

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Beer Deal Faces Tall Hurdle in South Africa

South Africa may well become the biggest roadblock for Anheuser-Busch InBev’s proposed takeover of SABMiller, a $108 billion deal that would combine the word’s two biggest brewers.

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India's Drugmakers Step Up U.S. Investment

India’s pharmaceutical companies went on a buying spree last year to win a bigger share of the U.S. market for generic drugs. Heightened American scrutiny of Indian facilities, and a desire to sell more sophisticated medicine in the U.S. is prompting many of these acquisitions.

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Boston Scientific's Brazilian Offices Searched by Authorities

Boston Scientific Corp. said authorities in Brazil searched the company’s subsidiary there in December as part of a larger investigation into alleged anticompetitive activity.

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Just One Issue Matters in the Battle Between Apple and the FBI

The technical details are irrelevant in the fight between Apple and the FBI. The real issue is that, if a judge agrees, Apple could be forced to make the data on any iPhone available to any law-enforcement agency demanding it.

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Transocean Beats Earnings Estimates

Transocean Ltd. posted better-than-expected quarterly results as the company responded to the swooning conditions in the energy sector by slashing expenses.

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Salesforce.com's Revenue, Quarterly Outlook Top Expectations

Salesforce.com Inc. said its revenue rose 25% in the latest quarter, and it boosted its revenue view for the current fiscal year.

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Enbridge to Sell $1.46 Billion in Common Stock

Pipeline operator Enbridge Inc. said it has reached an agreement with a group of underwriters for the sale of about 2 billion Canadian dollars ($1.46 billion) of common stock in Canada and the U.S.

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Treasury's Lew: China Must Make Clear No 'Major Devaluation' Coming

U.S. Treasury Secretary Jack Lew discussed his efforts to spur other countries to boost growth through fiscal stimulus and structural overhauls in an interview with WSJ’s Greg Ip before attending the G-20 meeting in Shanghai.

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HP Earnings Fall Amid Weakness in Printers, PCs

HP Inc. met Wall Street’s modest expectations in its first quarter as an independent company, despite signs that weak conditions in printing and personal computers aren’t improving quickly.

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African-American Comedies Hit Hollywood Sweet Spot

One of the hottest franchise trends in Hollywood at the moment is African-American comedies. Studios are so eager to tap the genre that they’re digging deep into their archives.

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KaloBios Pursues Drug Rights

KaloBios Pharmaceuticals is seeking bankruptcy court permission to buy rights to a drug that could be in line for a lucrative priority review voucher, a ticket for a fast trip through the regulatory process.

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How Mobile Payments Reshape Lifestyles

Columnist Li Yuan writes that one family’s mobile-payment practices reflect how technology is changing money and its use in China

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A Look Inside the Benjamin Franklin, a Record-Breaking Container Ship

CMA CGM SA’s container ship is the largest vessel of its kind to dock at a U.S. port

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IMF Says G-20 Nations Need to Ramp Up Spending

The world’s largest economies should agree to a coordinated increase in government spending to counter the growing risk of a deeper global economic slowdown, the International Monetary Fund said Wednesday.

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Honeywell Seeking Buyer for Building- Solutions Business

Honeywell, which has been trying to orchestrate a merger with United Technologies, has also quietly been shopping a unit that provides services to commercial buildings. The unit could fetch up to $4 billion.

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Oil Executives: We Will Survive

Many energy executives gathered in Houston for an industry conference said they were confident their companies would pull through the current period of low oil prices.

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Why a Global Currency Accord Won't Happen

Currency chaos of late is reminiscent of the violent moves of the mid-1980s, and it’s revived hopes for the sort of coordinated intervention used back then to tame them. It’s not going to happen, WSJ chief economics commentator Greg Ip writes.

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Class-Action Suit Filed Against Volkswagen in U.S. Court

Attorneys have filed a class-action suit in California against Volkswagen, alleging the German car maker engaged in widespread fraud.

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Chesapeake Energy Posts Deep Loss on Big Write-Down

Chesapeake Energy swung to a heavy loss in its fourth quarter amid tumbling energy prices as the U.S. shale driller took a write-down on some of its energy.

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Wanda Group Flips Slice of Legendary Pictures to Local Investors

China’s Wanda Group aims to raise $1.5 billion from domestic investors for a piece of Wanda Pictures, made up of its own movie-production business and Hollywood’s Legendary Entertainment, which it agreed to buy in January.

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Nike Founder Phil Knight Donates $400 Million to Stanford

Phil Knight, the founder and chairman of Nike, has pledged $400 million to Stanford University, one of the largest philanthropic gifts to a university and the latest move by the billionaire to solidify his legacy beyond sportswear.

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Target Sales Driven by Online Traffic

Target chalked up strong online sales growth of 34% in the key holiday quarter, but the aggressive promotions that drove that growth cost the retailer in terms of profitability.

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China's Uber Competitor Didi Kuaidi Planning to Raise Around $1 Billion

Didi Kuaidi Joint Co. is planning to raise around $1 billion from investors on terms that would value the Chinese car-hailing company at more than $20 billion, according to people familiar with the situation.

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Norway's Oil Companies Lower Spending Estimates

Norway’s oil and gas companies have cut their spending estimates for 2016 as oil prices show no sign of picking up.

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Google Continuing Effort to Win Allies Amid Europe Probes

Alphabet Inc.’s Google on Wednesday awarded a set of grants to European newspapers and offered to help protect them from cyberattacks.

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U.S. New-Home Sales Fell Sharply in January

Sales of newly built U.S. homes declined last month, a sign the housing market’s recovery remains uneven.

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Honda CEO Shifts Focus to Electric Vehicles

Honda wants partially or fully electric cars to account for two-thirds of global sales by 2030, its chief executive said, laying out long-term priorities after his inaugural year was dominated by safety issues.

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New Media Emerges as Big Player for Small Papers

Private equity-run newspaper chain New Media Investment Group has been snapping up small newspapers nationwide.

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BlackBerry Buys U.K. Cyber Security Consulting Business

BlackBerry said it acquired Encription, a small U.K.-based cyber security consulting business, as the Canadian smartphone maker looks to bolster sales of mobile security offerings.

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Airbus Boosts A330 Production as Profit Rises

Airbus Group posted a 15% rise in profit for 2015 and raised output again on a popular long-range jet in a sign of sustained strong demand for commercial airliners.

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Peugeot Swings to Full-Year Profit

French car maker PSA Peugeot Citroën continued its strong rebound, swinging to a full-year profit in 2015 as the company slashed costs, increased productivity and reduced its price discounts on vehicles.

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Uber Rolls Out Motorcycle-Booking Service in Bangkok

Uber Technologies is breaking into motorcycle bookings, taking its battle to win over users in Southeast Asia to the traffic-clogged streets of Bangkok.

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LG Senses Breakout Moment With G5 Smartphone

After years spent lost in the shuffle of Android handset makers, LG Electronics is giving up on the China market and making a new push in the U.S. with a high-end flagship smartphone.

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Same-Day Delivery Startup Deliv to Get Funding Boost From UPS

Same-day delivery startup Deliv Inc. is getting a funding boost from an unlikely source: United Parcel Service Inc.

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Battle Heats Up Over Mobile Ad Blocking

A new front is opening in the battle between technology companies and telecom operators: wireless ad blocking.

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Corporate Directors' Pay Ratchets Higher as Risks Grow

What corporate directors are paid has received scant attention, amid the debate about soaring executive compensation. But pay for nonexecutive directors of S&P 500 companies rose nearly 50% between 2006 and 2014.

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Apple's Evolution Into a Privacy Hard-Liner

The standoff between Apple and federal prosecutors who want it to help unlock an iPhone used by one of the gunman in the San Bernardino terrorist attack highlights the gadget makers evolution into a privacy hard-liner.

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Valeant Accounting Error Sparks Debate

The disclosure that Valeant Pharmaceuticals International improperly booked $58 million in revenue came as a relief to some investors Tuesday, while others viewed the revelation as confidence shaking.

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Google Cloud Lures Amazon Web Services Customer Spotify

Spotify, a marquee Amazon Web Services customer, plans to move much of the technology behind its music-streaming service to Google Cloud Platform.

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States Seek New Ways to Tax Online Sales

Officials in Alabama, South Dakota, Utah and 10 other states are tired of waiting for Congress to let them tax out-of-state Internet retailers. So they are moving to impose taxes themselves and daring merchants to challenge them.

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Donald Drapkin, Casablanca Co-Founder, Dies

Donald Drapkin—co-founder of activist hedge fund Casablanca Capital LP and a 40-year veteran of Wall Street deal-making—died Monday following a skiing accident earlier this month.

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Supreme Court Weighs Larger Patent-Suit Awards

The Supreme Court considered whether to make it easier to win larger financial damages in patent-infringement cases, an issue that has split the Obama administration from a number of leading technology companies.

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Avis Swings to Loss in 4th Quarter

Car-rental company Avis Budget Group swung to a loss in the fourth quarter and gave disappointing earnings guidance for 2016. Shares tumbled 13% in after-hours trading.

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IKEA's India Bet Runs Into Thicket of Rules

India requires foreign retailers to acquire products locally, which, along with red tape and substandard manufacturing practices, has stymied the furniture seller’s expansion.

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Williams Cos. to Put Canadian Assets Up for Sale

Williams Cos. will put its Canadian operations on the block as early as next week and has hired two investment banks to help run the sale process, according to a person familiar with the matter.

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Mars Recalls Some Chocolate Bars

Mars Inc. recalled some of its Dutch-made chocolate bars across 55 countries after a piece of plastic turned up in one of its Snickers bars in Germany.

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DreamWorks Animation Revenue, Earnings Leap

DreamWorks Animation, the family-entertainment studio, posted sharply better-than-expected results for its fourth quarter, propelled by a 36% jump in revenue.

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Caesars Reports Sharply Narrowed Loss Driven by Hotel Revenue

Caesars Entertainment Corp. reports a sharply narrowed fourth-quarter loss driven by higher hotel room revenue, excluding its largest unit, which is trying to reorganize under bankruptcy protection.

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Etsy Posts Strong Revenue Growth

Etsy Inc. posted strong growth in users and revenue in the fourth quarter, along with higher expenses.

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WebMD Says Profit Rises 69%, Gives Upbeat Outlook

WebMD Health Corp. issued 2016 guidance mostly above expectations and reported its fourth-quarter earnings rose 69%, led by growth in biopharmaceutical and advertising by medical-device makers.

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Sanofi's Dengue Vaccine Made Widely Available for First Time

Sanofi Pasteur, the vaccines division of France’s Sanofi, on Tuesday made the Philippines the first country where its vaccine for dengue fever will be widely available.

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Shifting Power Over Saudi Arabia's Oil

Saudi Arabia’s oil minister broke his silence over falling prices on Tuesday in remarks that deepened the debate over who controls the country’s oil policy.

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Auto Makers Pinpoint Root Causes for Takata Air-Bag Ruptures

A group of 10 auto makers probing the cause of rupturing Takata Corp. air bags pointed to a volatile chemical and other factors as the main culprits, according to findings released Tuesday.

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China Inc.'s Nuclear-Power Push

China wants to shift from customer to competitor in the global nuclear industry as it seeks to roll out its first advanced reactor for export, a move that adds new competition for already struggling global firms.

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Viacom Seeks Minority Investor for Paramount

Viacom Inc. is exploring a deal for a minority investor in its struggling Paramount Pictures film studio, Chief Executive Philippe Dauman said Tuesday.

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SanDisk Deal on Rocks After China Firm Pulls Funds From Western Digital

Chip maker Western Digital said Chinese firm Unisplendour had terminated a proposed $3.78 billion investment in the company, triggering an alternate agreement for Western Digital’s $19 billion tie-up with SanDisk.

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Macy's Tops Estimates, Hints at Real Estate Deals

Macy’s Inc. reported a 31% drop in profit over the holiday shopping season in the face of stiff competition from lower price chains and the Internet.

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United Tech CEO Says Honeywell Merger 'Ain't Going to Happen'

United Technologies CEO Gregory Hayes said there is “no path forward” for a merger proposal from Honeywell International that would combine the two industrial giants.

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Office Depot Reports Weaker-Than-Expected Profit, Revenue

Office Depot Inc. reported softer-than-expected fourth-quarter earnings and revenue amid market headwinds and store closures as the company pushes to wrap its tie-up with rival Staples Inc.

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International Drive to Close Corporate-Tax Loopholes

More countries are set to join an international effort to close corporate-tax loopholes over coming months, under a proposal presented by the Organization for Economic Cooperation and Development.

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Review: The End of Bad Home Wi-Fi

Eero combats frustrating Wi-Fi dead zones with an armada of little wireless routers, Geoffrey A. Fowler writes.

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U.S. Existing-Home Sales Rise 0.4% in January

Sales of previously owned homes increased modestly in January, a sign of continued solid momentum in the U.S. housing market.

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U.S. Consumer Confidence Falls in February

Consumer confidence fell in February, the Conference Board said Tuesday, as Americans grew more pessimistic about business conditions, personal finances and labor-market prospects.

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U.S. Home Price Growth Picked Up in December, Case-Shiller Says

Home prices rose 4.2% in December, capping an overall strong year for home-price growth driven by an improving economy and limited inventory of homes for sale.

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Amazon Web Services Takes Aim at Big Banks

Amazon.com is pitching its cloud computing service to big U.S. banks, hoping to break into one of the last major strongholds of old-line technology companies.

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Home Depot Sales Soar

Home Depot logged stronger-than-expected earnings growth in its latest quarter as Americans continued to snap up products for home improvement projects.

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Tribune Publishing Appoints Justin Dearborn CEO

Tribune Publishing Co. said Justin Dearborn would be its next chief executive, ousting Jack Griffin less than three weeks after he helped secure a substantial cash infusion.

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Coal's Collapse Scorches Miners' Profit Margins

A coal glut has hurt profit margins at some of the world’s largest mining companies, including Noble Group and Glencore, as Chinese consumption of the commodity slows.

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VW Chief Takes Aim at Auto Maker's Culture

Volkswagen’s chief executive is taking aim at the auto maker’s hierarchy, recruiting outsiders and shedding some symbols of its past excesses, including corporate Airbus jet.

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Workers Get Paid to Live Close to Work

Companies are offering rent subsidies, house-hunting services and down-payment help for employees willing to live close to the office. And, managers say, these employees often work late and stay with the company longer.

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Honda Promotes First Female Executive in Diversification Drive

Honda Motor named its first female operating officer in a step to diversify its senior-executive ranks largely dominated by Japanese men.

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Danone Boosted by Improved Profit Outlook

Investors pushed Danone shares higher on its promise to improve profitability despite the company reporting its weakest annual sales increase since 2009, the latest European food company to say slowing economies may hurt revenue.

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Trouble Brewing for Nestlé Over Coffee Pods

There is fresh trouble brewing for Nestlé as its challenge to a dogged rival in the multibillion-dollar coffee-pod market is tossed out by Europe’s main patent authority.

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Suffering Miners Narrow Down

The broad collapse in commodity prices has global mining companies abandoning the “diversified miner” model—based on the idea that owning enough types of commodity would keep profits healthy even if prices for one dipped.

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Jack Griffin Ousted as Tribune Publishing CEO

Tribune Publishing’s chief executive Jack Griffin has been ousted less than three weeks after he helped secure a substantial cash infusion from a private investor who became the company’s new board chairman.

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U.K. Companies Join Push for EU 'Yes' Vote

More than one-third of Britain’s 100 largest companies came out in support of the U.K. remaining a member of the European Union, stepping up businesses’ intervention in the debate after Downing Street urged them to weigh in.

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SEC Nods to Multinationals

The Securities and Exchange Commission is trying to strike a delicate balance: advancing its plans to simplify financial-reporting requirements without making them any less stringent.

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Telecom Firms Call for Level Playing Field

Big European telecom companies are renewing their push for new rules that would help them better compete with Silicon Valley, despite efforts for conciliation from tech giants including Facebook.

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Older Women Reshape U.S. Job Market

Faced with greater debt and less savings, more female workers are delaying retirement, a shift that’s helping to transform America’s economy.

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Apple, FBI Wage War of Words

Apple CEO Tim Cook and FBI Director James Comey are the standard-bearers in a national debate over the balance between security and privacy, playing out as much in the court of public opinion as the court of law.

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To Recruit Workers, City Tries Gorilla Marketing

A city in Japan is going bananas for Shabani, a handsome ape some liken to George Clooney.

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Uber Says Accused Kalamazoo Shooter Received Positive Reviews

Jason Dalton had completed more than 100 rides as a driver for Uber Technologies Inc. and received positive reviews before allegedly going on a shooting spree in his car that left six dead in Kalamazoo, Mich.

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Samsung's Mobile Chief Stays Positive on China

Samsung mobile chief D.J. Koh said the worst is likely over for the South Korean technology giant in China, a critical market where its smartphone market share has plunged to sixth place after years of dominance.

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Noble to Post Net Losses on Lower Coal Prices

Noble Group said it will record a one-time loss of $1.2 billion in its fourth-quarter to reflect the lower assumptions for long-term coal prices.

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Zenefits Once Told Employees: No Sex in Stairwells

Zenefits banned alcohol in the office and also has warned employees to cut out crude behavior in the stairwells, as the startup tries to reverse its rambunctious culture.

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Pioneering Winemaker Peter Mondavi Dies at 101

Peter Mondavi, a Napa Valley wine-country innovator who led his family’s Charles Krug Winery through more than half a century of change, died Saturday at his home in St. Helena, Calif. He was 101.

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Valeant Likely to Restate Results in Wake of Review

Valeant Pharmaceuticals likely needs to restate some of its previous financial results based on the findings of an internal investigation into its business.

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BHP Billiton Slashes Its Dividend

Mining giant BHP Billiton said it posted a $5.67 billion first-half loss and scrapped its long-held pledge to keep its dividend steady or rising, a move it had dismissed as unlikely just six months ago.

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United Tech Rebuffs Honeywell Tie-Up on Antitrust Grounds

Honeywell recently approached rival United Technologies about a combination of the industrial giants but was rebuffed amid concerns such a transaction wouldn’t pass antitrust muster.

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Ali Health Swallows Bitter Pill as China Halts Drug Tracker

Shares in Alibaba’s flagship health-care unit fell 14% in Hong Kong trading after the Chinese government suspended a drug-monitoring system that the unit created and operated.

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G-20 Likely to Reiterate Currency Commitments, Treasury Official Says

Global financial leaders likely will reiterate previous currency policy commitments, a senior U.S. Treasury official signaled, despite concerns that lackluster growth around the world may tempt some countries to use devalued currencies to juice exports.

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Zuckerberg 'Sympathetic With Apple' in Encryption Fight

Facebook chief Mark Zuckerberg voiced measured support for Apple in its resistance of government investigators’ demands to help circumvent the encryption on an iPhone.

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Raytheon, Italian Firm Join in Bid for Jet Design

Raytheon said it would team up with Italy’s Finmeccanica in a coming contest to build hundreds of new training jets for the U.S. Air Force that is dominated by planes designed with overseas partners.

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Verizon to Buy Fiber-Optic Network From Icahn's XO

Verizon Communications said Monday that it would buy the fiber-optic network business from Carl Icahn’s XO Communications for $1.8 billion.

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Japanese Seeking a Place to Stash Cash Start Snapping Up Safes

Look no further than Japan’s hardware stores for a worrying new sign that consumers are hoarding cash--the opposite of what the Bank of Japan had hoped when it recently introduced negative interest rates.

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Chinese Ship Builder Warns of Possible Rougher Seas Ahead

State-run Sainty Marine has warned investors about the possibility of a delisting from the domestic stock market after a local court opened bankruptcy proceedings.

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Boeing Beats Out Bombardier, Embraer for United Orders

United Continental is finalizing a second deal with Boeing for new single-aisle jets that would enable the U.S. aerospace giant to block two smaller rivals from gaining a coveted spot in the airline’s fleet.

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Apple Calls for Commission to Address San Bernardino Issues

Apple renewed its defense for why it has refused to help law enforcement unlock the phone of a shooter in the San Bernardino terror attack, and suggested the government form a commission to address problems posed by the growing use of encryption.

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Sony Mobile Sets Its Sights Beyond Smartphones

With the restructuring of Sony’s mobile unit nearly complete, its CEO Hiroki Totoki says he now wants to take on a project that seems ambitious for a company with a 2% market share: redefining how people communicate.

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British Weapons Maker to Chase U.S. Cybersecurity Business

BAE Systems which has worked with U.S. intelligence agencies and the Pentagon on cybersecurity issues seeks a bigger share of the rapidly growing commercial market to protect critical business data.

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Stricter Alcohol Guidelines Rattle U.K. Booze Makers

The U.K. is adopting some of world’s strictest alcohol-consumption guidelines, triggering a wave of protest from the drinks industry and fanning a decades-old debate about whether even a little alcohol can be bad for you.

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Allergan Tops Expectations on Botox Sales

Allergan narrowed its fourth-quarter loss, with revenue and adjusted profit topping expectations, as the Botox maker’s branded product revenue nearly doubled.

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Dean Foods Profit Rises on Lower Milk Prices

Dean Foods said profit in its latest quarter rose as sharply lower milk prices continued to buoy its business.

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Facebook Launches Network Initiative With Telecom Firms

Facebook is trying to ease tensions with phone carriers that fear that giant technology firms will overtake their business. The company has joined with Intel, Nokia and carriers to share information about designing cellular networks.

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Sysco to Buy Brakes Group

Sysco agreed to buy European food service distributor Brakes Group from Bain Capital Private Equity for about $800 million, plus a $2.3 billion debt repayment.

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The Relationship Between Corporate Culture and Performance

Researchers find that a positive culture boosts performance, but performance alone doesn’t create a positive culture

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A Few Ways to Declutter Your Phone

Columnist Christopher Mims writes that apps are no longer the ideal user-interface model for the mobile revolution but adds that other options aren’t far off.

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U.S. Fights Encryption---and Also Helps Develop It

Several federal agencies are developing tools of secure communication to protect the military and pro-democracy activists abroad, even as the FBI battles Apple for access to an encrypted iPhone.

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Iran's Ambitions Face Wary Western Oil Firms

Iran needs $30 billion of foreign investment to reach the country’s oil-production targets, but Western companies remain wary.

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Apple-FBI Phone Fight Gets Technical

The FBI and Apple have offered different accounts of what may have happened to the phone used by San Bernardino shooter Syed Rizwan Farook, what can still be retrieved, and how.

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China Issues New Rules for Web

China has issued broad new rules for online publishing that formalize the government’s already strict control of the Internet and seek to expand the scope of online content stored inside its borders.

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Samsung's S7 Smartphone Lacks Showstopping New Features

Samsung’s new flagship smartphone offers few new bells and whistles, in a sign of the challenges facing the South Korean technology giant in an increasingly saturated market for premium handsets.

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Deflation Fears Dim as Consumer Prices Firm

Growth fears have roiled global stock markets, while oversupply has pushed down the price of oil. But one gauge of the world’s economic health—underlying consumer prices—is proving surprisingly resilient.

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Wireless Industry Tends to Its Plumbing

The wireless industry gathers again in Barcelona, where discussion is likely to focus more on the evolution of 5G technology than on the latest smartphone models.

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Energy Meeting Convenes Under Cloud

Saudi oil minister Ali al-Naimi will join top North American and European drillers in Houston this week to debate how long the oil bust could last and how geopolitics are reshaping the energy world.

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Commodity Slump Puts Dry-Bulk Shipping on Hold

Idled ships are crowding coastlines world-wide as increasingly desperate companies that ship iron ore, coal and other bulk commodities try to weather the industry’s worst downturn in decades.

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Huawei Jumps Into Tablet-Laptop Hybrids

Huawei Technologies, the Chinese networking firm that has recently become the world’s third-largest smartphone maker, is entering the market for tablet-laptop hybrids.

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For Silicon Valley, the Hangover Begins

Venture capital is drying up for less successful startups as investors, eyeing collapsing tech stocks and economic sloth, cull portfolios and force cash-starved companies to retrench or shut down.

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DuPont, Dow to Keep Headquarters in Place as They Combine, Split

DuPont Co. and Dow Chemical Co. plan to stick by their longtime hometowns as the chemical giants combine and then split into three separate companies, resolving some uncertainty that has loomed over the giant merger for employees and local officials.

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Inventor Loses Ketchup-Packet Battle With Heinz

A Chicago inventor lost his patent on a ketchup packet following a years-long battle with ketchup maker Kraft Heinz.

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U.S. Says Marketing Is Reason Apple Won't Help Unlock Attacker's Phone

The Justice Department said Apple’s refusal to help open a phone used by one of the San Bernardino, Calif., shooters was partly based on the company’s marketing concerns, not on solid legal grounds.

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Southwest Airlines Ground Workers Narrowly Approve Labor Contract

In ballots tallied Friday, Southwest Airlines Co. airport ground workers authorized a new five-year labor contract by a mere 75 votes, according to the Transport Workers Union.

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Boeing Secures Iran License

Boeing Co. says it received a license from the U.S. government to begin commercial talks with Iranian airlines, opening the door to what could be the first U.S. jet deliveries to the Islamic Republic since the 1970s.

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ISS Opposes Re-Election of Six Viacom Directors

Proxy advisory firm Institutional Shareholder Services said it opposes the re-election of six board directors at Viacom.

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Mondelez Gets Wells Notice From SEC for Indian Cadbury Operation

Mondelez International Inc. said U.S. regulators may bring a civil enforcement action against the snack-food giant in connection with a long-running investigation of payments its Cadbury unit made in India.

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Poorest Students Feel the Bite of Rising College Costs

Students from the poorest households are shouldering more of the pain from rising college costs, borrowing at far higher levels as a share of family income than ever.

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IMF Approves Second Term for Managing Director Christine Lagarde

The International Monetary Fund formally approved Christine Lagarde to lead the emergency lender for a second five-year term after an uncontested election that highlighted her prominence on the world stage.

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Shaping the Future of Lighter-Weight Cars

Car makers Fiat Chrysler and Ford are turning to magnesium, a light-weight metal that is easily molded, as the latest trick in the auto industry’s tool kit to boost fuel economy in the face of rising emissions standards.

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Deere Reports Worse-than-Expected Sales Decline

Deere & Co., the world’s biggest seller of tractors and harvesting combines, pulled in its forecast for the year as the company continues to struggle with slumping farming and equipment markets.

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Kardashians Take Sides in Puma-Adidas Feud

German sportswear company Puma has signed a promotion deal with socialite and model Kylie Jenner, the sister in law of singer Kanye West, who collaborates with Puma’s arch rival Adidas.

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Yahoo Forms Committee to Explore Options

Yahoo has formed a special committee to explore its strategic alternatives, as it continues to consider spinning off its nearly $40 billion of holdings in Alibaba.

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Two European Carriers to Adopt Ad-Blocking Technology

Wireless carriers Three UK and Three Italia are working with Israeli company Shine Technologies on a plan to block online advertising on their networks, threatening Silicon Valley’s prevailing business model.

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U.S. Consumer Prices Flat in January

U.S. consumer prices were unchanged in January but rose over the past year at the fastest clip since October 2014, a sign inflation may be firming despite a strong dollar and continued slide in energy prices.

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Kering Lifted by Euro and Gucci Sales

Luxury and sportswear group Kering said fourth-quarter revenue rose 16%, helped by the weaker euro and a resurgent performance from its Gucci brand.

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Lunar New Year Buying Drives China Car Sales Higher

Sales of new cars in China in January rose 9.3% from a year earlier, as demand increased in the run-up to the Lunar New Year holiday.

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Apple Privacy Fight Escalates State and Local Cases

State and local law-enforcement authorities are looking to follow the lead of the FBI in its standoff with Apple over the access to the contents of a terror suspect’s smartphone. Manhattan D.A. Cyrus Vance called the Apple case “the most visible example of how Silicon Valley’s decisions are thwarting criminal investigations and impeding public safety.”

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AT&T, Verizon Have Different Obligations Than Apple

For U.S. phone companies like AT&T and Verizon, the notion of resisting a court order like Apple CEO Tim Cook recently did is probably inconceivable—for legal reasons.

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Podcasts Face Advertising Hurdles

While the popularity of podcasts is on the rise, many big-name advertisers are still wary about committing serious portions of their marketing budgets toward the medium.

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GE to Install LED Lighting at 5,000 J.P. Morgan Bank Branches

General Electric Co. has struck a deal to install new lights at 5,000 J.P. Morgan Chase & Co. U.S. bank branches.

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McDonald's Raises CEO's Salary by 18%

McDonald’s Corp. said Chief Executive Stephen Easterbrook’s base pay will increase 18% starting in March, while his annual target incentive for the year also promises a bigger reward if the fast-food’s giant’s operating earnings improve for 2016.

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Venezuela's Inflation Rose in 2015

Venezuela’s central bank said inflation last year surged to 180.9% and the economy contracted by 5.7%, reflecting the country’s deep economic crisis.

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Amazon to Release Woody Allen Movie This Summer

Amazon.com Inc., which already has a television deal with Woody Allen, said Thursday that it acquired North American rights to Mr. Allen’s next feature film.

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EPA Heightens Fight Against Pests in Biotech Corn

The EPA said it would require seed companies to enhance defenses against bugs resistant to antipest genes in biotech corn, but it stopped short of adopting stricter proposals to escalate the fight against crop pests.

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GM's Financial Arm Runs Online Bank

General Motors’ finance unit is functioning as an online bank in Germany, taking retail deposits online through a subsidiary there, in a move to lower its funding costs and boost profitability of its auto-lending operation.

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Diesel Car Sales Dry Up

Sales of diesel-powered passenger cars have dried up in the U.S. following the disclosure of Volkswagen AG’s diesel-emissions cheating scandal, with auto makers selling less than 250 such models in January.

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Vivendi In Talks With beIN Sports on Programming Deal

Vivendi said Thursday it planned to tie up with its rival in a sport programming deal to try to stem losses at its French pay-TV channel and announced a takeover offer for French videogame company Gameloft.

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Discovery Communications Profit Dented By Currency

Discovery Communications on Thursday posted a 12% profit decline for the final quarter of the year, worse than analysts expected.

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Energy Prices Steer Farmers Away From Power Generators

The prolonged slump in natural-gas prices has driven farmers to shut down or scrap plans to build manure-to-energy systems known as anaerobic digesters, despite government encouragement.

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IBM to Buy Truven Health Analytics for $2.6 Billion

IBM is buying data company Truven Health Analytics for $2.6 billion, in a bid to expand its already considerable presence in the health-care industry.

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Wal-Mart Lowers Sales Outlook

Wal-Mart cut its sales forecast for the current year because of the stronger dollar and store closures, as it reported core sales growth in its U.S. business that was softer than expected for the holiday quarter.

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U.S. Jobless Claims Fell To Lowest Level Since November

The number of U.S. workers filing applications for jobless benefits declined last week to the lowest level in three months, a sign of strength for the labor market.

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Standard & Poor's Cuts Anglo American Credit Rating to Junk

Standard & Poor’s became the third ratings agency in a week to cut Anglo American’s credit rating to junk territory, signaling investor concerns that the miner may struggle to execute its restructuring plan and pay down debt amid the current commodities markets slump.

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Volvo Car CEO Expects Record Profit in 2016

Volvo Car’s Chief Executive Håkan Samuelsson expects to report record sales and profit this year as the company posted a threefold jump in annual operating profit for 2015, reaping the benefits of a five-year effort to revamp its lineup.

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AccorHotels Net Profit Climbs

AccorHotels SA Thursday said it continues to suffer from the fallout of November’s terrorist attacks in Paris even as the French hotels group reported a rise in earnings that reflects recent turnaround efforts and improved revenue in other key regions.

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Nestlé Earnings Pressured by Strong Swiss Franc

Nestlé reported its slowest sales increase in six years as decelerating emerging markets and the strength of the highly-valued Swiss franc sapped the Swiss food giant’s performance.

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Air France-KLM Posts First Annual Net Profit Since 2008

Air France-KLM posted an annual net profit for the first time since 2008 as its successive cost-cutting plans yielded results and cheap jet fuel made its operations more profitable.

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Sharp Takeover Decision Two Weeks Away, Foxconn Chairman Says

A decision on a takeover of Japan’s Sharp by Taiwanese iPhone assembler Foxconn will be announced in two weeks, Foxconn Chairman Terry Gou said; Sharp is also considering a bid from Innovation Network Corp. of Japan.

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Wal-Mart Works to Win Back Shoppers

Wal-Mart is spending heavily to get customers back into its stores, and results of that effort will be in focus when it reports earnings Thursday. Increased competition from the likes of Amazon and Kroger is putting pressure on the world’s largest retailer to lower prices and grow store traffic.

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Overproduction Swamps Smaller Chinese Cities, Revealing Depth of Crisis

Beijing had hoped small cities like Suizhou would help drive the expansion of the middle class and sustain economic growth. But overproduction is clouding the country’s path to prosperity and jolting the global economy.

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U.S., Apple Dig In for Court Fight Over Encryption

Washington and Silicon Valley geared up for a high-stakes legal battle over a phone used by one of the San Bernardino, Calif., terrorists, a contest each side views as a must-win in their long fight over security versus privacy.

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Yahoo Cuts Digital Magazines, Closes Burbank, Calif., Office

The Internet company plans to close seven of its digital magazines, including sites dedicated to articles about food, travel, parenting and health, and lay off a portion of its workforce of journalists who worked on them.

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China's HNA Group Entity to Buy Ingram Micro

Technology and supply chain company Ingram Micro Inc. will be acquired for about $6 billion by an entity that is part of China’s HNA Group.

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Cheniere to Start Exporting Natural Gas

The first ship carrying natural gas from the Gulf Coast is expected to depart soon, marking the emergence of the U.S. as a major exporter at a time when overseas demand for LNG is slowing.

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Trial Shows Treating 'Low-T' in Older Men Helps Sexual Function

The first results from a long-awaited trial of testosterone replacement for older men found that bringing their levels up to that of younger men improved their sexual function but had only minimal effect on their energy levels and walking ability.

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Democratic Economists Say Sanders's Math Doesn't Add Up

Four leading Democratic economists sharply criticized Bernie Sanders for citing “extreme claims” about the economic effects of his presidential campaign proposals, which they say risk undercutting the Democrats’ reputation as “the party of responsible arithmetic.”

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Plumbers' Pay Crimps Union's Opportunities

Higher earnings can make labor too costly for many private-sector construction projects, limiting the amount of work available for the shop.

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Apple CEO's Dangerous Game

Apple CEO Tim Cook is playing a dangerous game of brinkmanship with the U.S. government. In the process, he may set in motion political and judicial processes that will endanger the security of all our mobile devices, Christopher Mims writes.

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Priceline Earnings Beat Views

Priceline Group said profit climbed in the final quarter of 2015, fueled by double-digit growth in hotel bookings. After easily topping fourth-quarter expectations, the company issued upbeat revenue guidance.

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ABC Entertainment President Paul Lee to Depart Network

ABC Entertainment Group President Paul Lee has resigned amid a corporate restructuring at the broadcast network.

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Fed Minutes Lay Bare a Split on Outlook, Rate Path

Federal Reserve officials struggled with uncertainty about the outlook for inflation and growth at their January policy meeting —and whether rising risks to the economy might alter their plans to raise interest rates.

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Fandango to Acquire Flixster, Rotten Tomatoes

Comcast’s Fandango has agreed to acquire the digital movie businesses Flixster and Rotten Tomatoes from Time Warner’s Warner Bros., bringing two Hollywood studios together online.

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Apple E-Book Settlement Affirmed by Court

A federal appeals court affirmed a $450 million e-books settlement between Apple and a group of plaintiffs, the latest development in long-running antitrust allegations against the company.

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How Sanders, Trump Threaten Market Confidence

Should either Donald Trump or Bernie Sanders get elected president, their brand of populist economics would bring unprecedented uncertainty and upheaval, writes WSJ chief economics commentator Greg Ip.

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Adidas Hires Former Lululemon CEO Christine Day as Strategic Adviser

Adidas has the former chief executive of Lululemon Athletica as part of the sportswear maker’s effort to improve its performance in the intensely competitive women’s athletic business.

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T-Mobile Tops Expectations

T-Mobile US Inc. said earnings nearly tripled in the fourth quarter as the wireless provider continues to add customers at a solid clip.

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Boeing Chief Defends Accounting Practice

Boeing Co. Chief Executive Dennis Muilenburg on Wednesday defended the company’s accounting practices, days after a report alleging the Securities and Exchange Commission was probing its financial projections.

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U.S. Industrial Production Surged 0.9%

U. S. industries boosted production at one of the fastest paces of the expansion in January—rising 0.9%— as the manufacturing sector appeared to be weathering weak global demand and turmoil in financial markets.

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Japan's Sliding Profits Pressured as Yen Rocks Abenomics

Japanese corporate profits fell nearly 10% last quarter and many companies are bracing for further weakness ahead, as a stronger currency undermines Prime Minister Shinzo Abe’s growth program.

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Bombardier to Cut 7,000 Jobs

Bombardier Inc. posted weaker-than-expected fourth-quarter results and guidance and said it plans to cut around 7,000 jobs over the next two years.

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U.S. Housing Starts Fell 3.8% in January

New-home construction fell in January for a second straight month, as the housing market entered the new year with slowing momentum.

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U.S. Producer Prices Rose 0.1% in January

A gauge of business prices rose in January, though overall inflation pressure remained muted.

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Apple Opposes Judge's Order to Unlock Phone

Apple will oppose a federal judge’s order to help the Justice Department unlock a phone used by a suspect in the San Bernardino attack, its Chief Executive Tim Cook said.

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Chinese Videogame Maker Investing $250 Million in Universal Pictures Productions

Chinese videogame maker Perfect World Pictures has signed a deal with Comcast Corp.’s Universal Pictures to cover 25% of the production budgets of most movies made by the studio over the next five years.

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South Carolina GOP Voters Split Over Trade, With Some Burned, Some Benefiting

South Carolina has nimbly adjusted to global trade but bears scars from mills closed by foreign competition, revealing a GOP voter divide between an outward-looking business wing and an inward-looking base skeptical of the party’s traditional agenda.

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Race Is On to Deliver Internet From Space

ViaSat is betting that a pair of behemoth spacecraft operating far from earth can provide better Internet connectivity to far-flung regions than a swarm of small, low-altitude satellites envisioned by its rivals.

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Economic Uncertainty Muddles Election Prospects

To figure out which party has the advantage this fall, say political scientists, pay less attention to campaign gaffes or debate pratfalls and more attention to the economy over the coming month.

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Bosses Harness Big Data to Predict Which Workers Might Get Sick

Health-care management firms and insurers are working with employers to mine data on the drugs employees use, how they shop, and even whether they vote, to predict their individual health needs and recommend treatments.

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New Drug Ads Tout Serious Conditions, Costly Treatments

Ads from Bristol-Myers and Vanda are hitting the airwaves for drugs treating serious, life-threatening conditions or those with relatively small patient populations—often expensive drugs prescribed by specialty doctors. The shift reflects a big change in the industry.

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Big Media's Fortunes Wane as Cable Operators Prosper

After placing a premium on big media over cable companies for years, investors are changing their tune. The valuations of companies such as Viacom and Disney are under pressure, as cable operators including Comcast and Cablevision hold steady amid cord-cutting fears.

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Prosecutors to Drop Charges Against Dewey Law Firm Ex-Employee

A former ​lower-level ​Dewey & LeBoeuf employee charged in ​a financial fraud case alongside leaders of the defunct law firm has struck a deal with prosecutors to have the case against him dropped in a year.

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U.S., Cuba Sign Deal to Reopen Air Travel Between Nations

U.S. and Cuban officials signed an agreement in Havana that provides for the reopening of scheduled air services between the two nations for the first time in more than 50 years.

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United Continental Mechanics Reject Tentative Labor Contract

A wide majority of the 9,000 mechanics at United Continental voted to reject a new six-and-a-half year labor contract, their first tentative joint agreement since United and Continental merged in 2010.

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Couple to Give $7.2 Million Toward Efforts to Lower Drug Prices

The Laura and John Arnold Foundation will provide a total of $7.2 million to four organizations to fund projects aimed at reining in drug costs and lowering financial barriers for patients, according to the foundation.

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Fitbit Blaze Review: A Fitness Smartwatch In Need of More Smarts and Style

Fitbit’s $200 smartwatch hits the fitness essentials, but can’t do enough to stay ahead of the Apple Watch and others.

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Investors With Cash Still Edge Out First-Time Home Buyers

The easy pickings of foreclosures may be gone, but investors continue to swarm over local housing markets, offering all-cash deals that create headaches for the first-time buyers who compete with them.

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Telecom Italia to Invest Billions in Turnaround Effort

Italian telecom giant will spend billions over the next three years in new investment aimed at reversing a decline that saw a sharp fall in profit and revenue last year and that has made the company vulnerable to a takeover.

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Asian Sky Still Bright, Plane Makers Say

Boeing, Airbus and Embraer say they aren’t worried that the economic slowdown in Asia will hurt sales in the world’s fastest-growing aviation market.

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Apollo Strikes $6.93 Billion Deal to Buy ADT

ADT agreed to be acquired by private-equity firm Apollo Global Management in a deal that values the home-security company at about $6.93 billion, the latest sign market volatility hasn’t brought deal making to a halt.

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U.S. NAHB Housing Index Falls to Lowest Level Since May

A gauge of home-builder sentiment fell in February to its lowest level since May, a sign that housing market growth could be moderating.

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Pfizer to Pay $785 Million to Settle Medicaid Claims

Pfizer agreed to pay $784.6 million to settle a government investigation of allegations that its Wyeth unit overcharged Medicaid health programs for the heartburn drug Protonix.

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Stryker to Buy Physio-Control for $1.28 Billion

Stryker Corp. agreed to buy Physio-Control International from private-equity firm Bain Capital LLC for $1.28 billion, continuing the medical-technology firm’s recent acquisition spree.

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China Loses Control of the Economic Story Line

The gloom around the Chinese economy is different this time. With reforms to cure economic ills stalled, Beijing has ceded the narrative to the speculators.

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Generally, a Safe Year for Airlines

The latest airline safety statistics show that for all of 2015, not a single passenger died from of a jetliner accident anywhere in the world.

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Anglo American Loss Widens After Write-Downs

Anglo American reported a wider full-year loss after booking hefty write-downs and outlined a more aggressive plan to sell assets and cut costs as it battles a severe commodities price downturn.

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EDF Cuts Dividend to Protect Finances

Electricité de France, Europe’s leading operating of nuclear-power plants, is reducing its dividend, proposing a smaller payout partly in shares, after booking impairment charges worth $4.07 billion which knocked last year’s profit sharply lower.

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Orange Says Bouygues Talks to Take Several More Weeks

Orange said discussions with rival Bouygues over the purchase of its telecom unit were ongoing and it would be at least several weeks before a decision is taken, as the former French telecom monopoly reported 2015 sales that slightly missed analysts’ expectations.

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IBM Bets on Bitcoin Ledger

IBM will begin testing its own variation on the transactional software known as blockchain, a technology that underpins the Bitcoin digital currency.

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Grammys Pay Tribute to Music Legends

Taylor Swift’s “1989” won the album of the year award while Mark Ronson’s “Uptown Funk” featuring Bruno Mars was named record of the year at the Grammys, in a night full of tributes to recently deceased musical legends.

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Mark Zuckerberg's Uphill Battle

Keywords: Facebook’s strategy to get people in the developing world onto the social-media site is no longer suited to its organization’s goals.

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GE's Oil and Gas Chief Explores Opportunities in Iran

Lorenzo Simonelli’s trip is the first known visit by an American energy company executive to the nation since before Western sanctions were imposed over the nation’s nuclear program.

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Are Antibacterial Soaps Safe?

Their makers say there’s no cause for alarm, but lab and animal studies suggest these big-selling products may be dangerous. Now the FDA is preparing to rule.

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Fantasy Sports Industry Mounts Lobbying Blitz

Since Jan. 1, legislators in 16 states have introduced bills to carve out legal protections for fantasy sports operators, nearly all of them supported by the operators themselves.

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Cocktails Sip Away at Beer's Market Share

The liquor industry has been gaining popularity amid a cocktail renaissance, a return to TV advertising, and the tendency of young drinkers to frequently switch between beer, whiskey and wine.

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Apollo Global Management Nears Acquisition Deal for ADT

Private-equity firm Apollo Global Management LLC is nearing a deal to buy home-security company ADT Corp., according to people familiar with the matter, in the latest sign market volatility hasn’t derailed the red-hot merger market.

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Daimler Layoffs Hit Truck Plants

Daimler AG said it would lay off more than 1,200 workers this week at a pair of North Carolina assembly plants in response to falling demand for commercial trucks.

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Shell Boosts Brazilian Footprint With BG Buy

Shell completed its roughly $50 billion acquisition of BG Group, giving the Anglo-Dutch oil company a dominant footprint offshore Brazil—a prized position but one that presents challenges.

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Florida Insurance Regulator Approves Aetna-Humana Deal

Florida’s insurance regulator approved Aetna Inc.’s acquisition of Humana Inc., and required no divestitures, an important win for the companies from a state that is a key market.

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VW Memo Warned of Emission Issues in 2014

A 2014 memo makes the first known reference to a defeat device in the investigation into Volkswagen’s emissions-cheating scandal, and may suggest that the company’s top executives knew more than they are saying now.

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More Shipments of Iranian Oil Readied for Europe

The first shipment of Iranian crude oil to the EU in over three years sailed Monday, with two more poised to follow in the coming days.

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Moody's Downgrades Anglo American to Junk

Moody’s downgraded Anglo American’s credit rating by three notches to junk status from investment grade.

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Battle for Australia's Army Vehicles Shows Rising Defense Deals

As wealthy Asian nations rearm against the uncertain backdrop of China’s rise, bidders are vying for a $10 billion deal for armored vehicles and troop carriers in Australia.

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Freeport Pares U.S. Copper-Mine Stake in $1 Billion Deal

Freeport-McMoRan, seeking to reduce debt, said it struck a deal to sell part of its stake in the Morenci copper mine, on the Arizona-New Mexico border, to Sumitomo Metal Mining, one of the mine’s other owners, for $1 billion.

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Reckitt Benckiser Sees Boost From Focus on Health Products

Reckitt Benckiser Group reported a sharp rise in full-year adjusted profit as the maker of Durex condoms and Strepsils lozenges saw its focus on consumer health products continue to pay off.

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