Peru's CPI Rose 0.6% in March

The start of Peru’s school year led to an increase in consumer prices, which included increased demand for educational materials.

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Tesla's Musk: Model 3 Orders Surpassed 115,000 Within 24 Hours

Demand for the company’s new “mass market” vehicle has outpaced expectations.

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Theranos Devices Often Failed Accuracy Requirements

A government report details deficiencies found with Theranos’s Edison blood-testing machines.

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Jet Prices Take Center Stage in Boeing Job Cuts

Boeing has opened a new chapter in its battle with Airbus Group with price taking a larger role alongside the performance of their sparring jetliners.

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FBI Tests Technique's Ability to Unlock More Versions of iPhone

The FBI is testing the method used to crack a terrorist’s iPhone to see how many other versions of the device it could open, but it could take officials many more months to decide what to do with their newfound ability.

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BP's Azerbaijan Push Comes at a Cost

BP has invested billions of dollars on Azerbaijan, whose vast reserves could help reduce Europe’s reliance on Russian gas. But to extract those resources, the U.K. energy giant has had to wage a battle to control inflated costs and root out fraud.

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Pentagon Focuses on In-Orbit Satellite Inspections and Repairs

The Pentagon’s research arm has kicked off a major effort to partner with industry to repair spacecraft in high-earth orbit, highlighting escalating worries about potential cyberattacks targeting both military and commercial satellites.

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China's Anbang Walks Away From Starwood Deal

China’s Anbang Insurance Group has informed Starwood Hotels that it is withdrawing its $14 billion bid for the hotelier, according to people familiar with the matter.

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Hospitals Brace for New Medicare Pay Regime

Nearly 800 hospitals face new Medicare payment rules on hip and knee replacements starting Friday.

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Race for $15 Minimum Wage Heats Up

California and New York are racing to become the first state to lift the minimum wage to $15 an hour, propelling a wage target once focused on major urban areas into every corner of the economy from farm communities to industrial towns.

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Fight to Unlock Phones in Terror Cases Persists in Europe

The fight between law enforcement and technology firms over smartphone encryption, privacy and security is​heating up in Europe.

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Glaxo to Stop Seeking Drug Patents in Low-Income Countries

Glaxo said it would stop seeking patents for its drugs in low-income countries, a move the drugmaker said could help the world’s poorest people access copycat versions of its medicines at affordable prices.

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Boom in E-Commerce Takes Toll on Trucking

How We Shop: A seismic change in the way Americans are shopping is roiling trucking. Truckers are caught in a tug-of-war with shippers and consumers over who should pay for the growing costs of delivering e-commerce.

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China Tax on Overseas Purchases Set to Kick In

China is tightening its grip on cross-border e-commerce, imposing a new tax system on overseas purchases that form a growing business catering to Chinese consumers with an appetite for foreign goods.

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China's Fosun to Pull Back on Foreign Buying Spree

As Chinese companies go on a record foreign buying spree, Fosun Group’s founder and chairman, billionaire Guo Guangchang, says he will now pull back.

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Scotched: Diageo Bows to Pressure to Rename Whisky Brand

Diageo has succumbed to pressure to change what its highest-volume whiskey brand is called in markets outside of India, on concerns that customers could confuse the spirit with Scotch, according to people familiar with the matter.

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Lawsuit Challenges FDA's Right to Approve Genetically Modified Animals

Environmental groups filed a lawsuit against the U.S. Food and Drug Administration Thursday, challenging the agency’s authority to approve genetically modified animals used for food.

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U.S. Jobless Claims Rise for Third Straight Week

The number of U.S. workers who applied for new unemployment benefits rose last week, but remains at a historically low level consistent with an improving labor market.

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Hot Housing Markets Pinch Seniors

Surging rents in places like San Francisco’s Bay Area are challenging many tenants, but particularly those over age 65.

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GE Files to End Fed Oversight, Cites Cuts to Finance Arm

General Electric formally asked to be released from supervision by the Federal Reserve, saying it has sufficiently shrunk its once-massive financial services arm so it would no longer pose a systemic threat to the banking system.

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McDonald's Plans to Add More Than 1,000 Restaurants in China

The fast-food chain is hunting for an investment partner in Asia to speed its expansion and smooth over a rough recent history in the region.

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Video Creators Are Frustrated With Facebook's Anti-Pirating Efforts

Video makers are growing increasingly impatient with Facebook concerning “freebooting”—when clips are taken from YouTube and re-uploaded without permission from the creator.

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Fujifilm Zooms In on Instax's Retro Appeal in Digital Age

Fujifilm’s instax camera is back in the spotlight after nearly two decades, thanks to a growing taste for analog, especially among young buyers.

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Tracking Foxconn Chief's Rise From 'Dirt City' to iPhone King

Terry Gou, the secretive Taiwanese billionaire behind Foxconn’s takeover of Sharp, must now prove that he made the right bet on a once formidable Japanese household brand that has lost its way.

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Rosneft's Fourth-Quarter Profit Down on Low Oil Prices

Russia’s largest oil producer Rosneft suffered from a drop in oil prices in late 2015 but managed to post a marginal increase in net profit for the full year, the company said.

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Unlikely Victim of Oil Downturn: Helicopters

The energy-industry downturn has created a huge surplus of helicopters, a reversal from two years ago when oil-and-gas companies were forced to share rides to and from far-flung oil platforms.

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Chipotle Developing Burger Chain

Chipotle Mexican Grill is developing a new burger chain called Better Burger as the taco and burrito chain struggles to recover from a food-safety crisis that has severely dented sales.

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Fox Ends Film-Screening Practice

A controversial practice that has kept some big movies from playing at certain theaters appears headed toward a crossroads, as Twentieth Century Fox has told exhibitors it would no longer grant requests for exclusive screening rights.

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Business Leaders Speak Out Against North Carolina's Transgender Law

U.S. business leaders are speaking out against a new North Carolina law that gets rid of antidiscrimination protections for lesbian, gay and transgender people, as a growing number of cities ban official travel to the state in protest.

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MetLife Wins Bid to Shed 'Systemically Important' Label

MetLife won a victory in its bid to shed its label as a systemically important financial institution, relieving the insurer of stricter regulations and potentially undermining a central part of the 2010 Dodd-Frank law.

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MetLife and the Dodd-Frank Backlash

Judge Rosemary Collyer did more than hand MetLife a victory in its battle to fend off stricter federal oversight. Her decision helps strengthen a mounting backlash to the regime of post-financial-crisis regulations, emboldening critics who say the rules are doing more harm than good.

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Yahoo Revises Bylaws to Grant Shareholders Proxy Access

Yahoo Inc., embroiled in a proxy fight, has joined the long list of companies implementing proxy access, which gives longtime shareholders power to place board candidates on shareholder ballots.

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Online 'Influencers' Become Hot Assets

Columnist Li Yuan writes that some of the hottest assets in the Chinese Internet industry are trendy individuals who are valued for their ability to peddle merchandise in their social-media posts.

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Revised Box-Office Tally Lowers 'Batman' Film's Ranking

“Batman v Superman: Dawn of Justice” opened to $166.1 million in the U.S. and Canada, slightly less than Warner Bros. estimated Sunday morning

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Tesla Fans Line Up to Glimpse Coming Model 3

Tesla Motors’ splashy debut on Thursday of its coming Model 3, the electric car maker’s first mass-market vehicle, is designed to help the vehicle achieve something its two earlier cars haven’t: sell at a profit.

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Microsoft's Artificially Intelligent Persona Tay Returns, Still Offensive

The chatbot was quickly pulled down again after briefly being back online with messages that were no less inappropriate than before.

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Jury Finds GM Car's Ignition Switch Not to Blame in Crash

A jury found a General Motors Co. ignition switch installed in a car “unreasonably dangerous” but stopped short of awarding damages in a case arising from litigation consolidated in a New York federal court.

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FTC Seeks More Information on Pfizer-Allergan Merger

Pfizer and Allergan said federal regulators are seeking more information on their pending merger deal, a so-called inversion that would create the world’s biggest drugmaker.

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iPhone-Assembly Tycoon Gou Drove Hard for Sharp Deal in Japan

Foxconn chairman Terry Gou carefully orchestrated a $3.5 billion acquisition of the Japanese electronics giant Sharp, beating out the government-backed fund Innovation Network Corp. of Japan.

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FDA Allows Zika Test for Blood Donations

The U.S. Food and Drug Administration said Wednesday that it would allow the use of an investigational test to screen blood donations for the Zika virus.

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Healthy Job Market at Odds With Global Gloom

Global policy makers are mired in gloom about the state of the world economy. Yet a different picture emerges if you look at unemployment, which is below pre-recession lows in many parts of the world. This suggests the growth hurdle is in weak productivity, WSJ chief economics commentator Greg Ip writes, and that’s not so easily fixed.

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Soft-Drink Makers New Secret Ingredient: Sugar!

To boost flagging soda sales, companies are touting ‘real sugar’ as an appeal to all things natural

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Mobile Banking Grows More Popular

The share of adults who used mobile-banking services grew last year, according to an annual survey by the Federal Reserve.

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Shell Under Investigation Over Nigerian Oil Deal

Italian prosecutors are investigating Shell’s involvement in a Nigerian oil deal, a person familiar with the matter said, drawing the oil giant into a corruption scandal that has dogged Italy’s Eni.

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Fidelity Marks Down Dropbox, Zenefits

Fidelity Investments again took a hatchet to the valuations of its private technology shares, cutting bellwether software startups like Dropbox, Cloudera and Zenefits by as much as 38%.

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Google Has Also Been Ordered to Help Unlock Phones

Google has been repeatedly ordered to help federal agents open cellphones, according to court records in seven states that show Apple Inc. isn’t the only company facing government demands at the center of a fierce debate over privacy and security.

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ADP Reports 200,000 Increase in March Payrolls

Private-sector hiring continued at a solid pace in March, suggesting momentum in the U.S. job market has remained robust despite creeping risks to economic growth.

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AOL's CEO Aims to Build Digital-Ad Empire at Verizon

AOL Chief Executive Tim Armstrong aims to turn Verizon Communications into a digital-advertising powerhouse that poses a credible threat to Facebook and Google, the juggernauts of the digital-ad market.

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Valeant Asks Its Lenders to Push Back Reporting Deadlines

Valeant Pharmaceuticals International Inc. said it has proposed a deal with its lenders to avoid a default by extending its filing deadlines and restricting the company from making some acquisitions.

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U.K. Government Faces Pressure to Support Steel Industry

With Tata Steel considering the sale of its U.K. businesses, the government has come under pressure from unions and the opposition Labour Party to find a sustainable future for British steel making.

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Foxconn and Sharp Approve $3.5 Billion Takeover Deal

The boards of Sharp and Foxconn approved a plan for the Taiwanese electronics assembler to take over the struggling Japanese consumer electronics company for about $3.5 billion.

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Boeing to Cut More Than 4,500 Jobs

Boeing plans to cut more than 4,500 jobs by June, as it accelerates cost-cutting efforts to keep pace with demand for less-expensive jetliners.

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Brazilian Tycoon Raises Stake in Carrefour

Brazilian tycoon Abilio Diniz has raised his stake in French supermarket operator Carrefour to 8.05% from 5.1% through his investment company Peninsula Participações.

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Germany's Metro Considers Demerger

German retailer Metro said it is considering dividing into two independent listed companies, one for its wholesale and food business and one for consumer electronics.

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McCormick Raises Offer for Premier Foods

U.S. spice and herb company McCormick & Co. raised its offer for the U.K.’s Premier Foods to around $773 million.

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Baseball's Newest Player Is an iPad

Apple and Major League Baseball struck a multi-year agreement to equip every team with iPad Pro tablets to help coaching staffs make better use of data.

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Funds Flow to Venture Firms

Venture-capital firms are raising money at the highest rate in more than 15 years, even as the values of some once-hot startups have begun to cool.

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End of Apple-FBI Dispute Could Intensify Fight Over Data Privacy

The sudden halt to the legal battle over a terrorist’s phone may only intensify the larger fight over privacy and encryption.

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'Natural' Product Claims Can Be Murky

Consumer-goods companies are trying to grow in the flourishing natural-products space with premium-priced items whose key ingredients are similar to the ones found in mainstream brands.

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Restoration Hardware Warns Shipping Problems Will Hurt Profit

Restoration Hardware Holdings Inc. lowered its earnings forecast for the current quarter, citing shipping problems and extra costs tied to troubles with a new line of modern furniture.

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Nearly 80 Years After the Hindenburg, Airships Are Poised for a Comeback

More than a century after the first Zeppelins took to the sky, airship makers including Lockheed Martin Corp. say fresh commercial interest is reviving the fortunes of the giant flying machines.

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Spotify Raises $1 Billion in Debt Financing

Music-streaming site Spotify has raised $1 billion in convertible debt from investors, a deal that extends the money-losing company’s runway but comes with some onerous guarantees.

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In Scrap-Metal Market, Buyers Have to Tell 'Darth' From 'Vader'

To identify increasingly complex mixes of junked metals, buyers and sellers around the globe use names coined by a small committee in the U.S.

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Telefónica CEO César Alierta to Step Down

Telefónica Chairman and CEO César Alierta is stepping down after nearly 16 years at the helm of one of Spain’s largest companies, the telecommunications giant said.

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Colgate Shuffles Leadership, Sets Up Race to Succeed CEO Cook

Colgate-Palmolive Inc. promoted two company veterans as part of a plan to line up an eventual successor to Chief Executive Ian Cook, who has run the company for nine years, according to people familiar with the moves.

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Chinese Market Offers New Life to Many Drugs

Drugs that failed to make it to the market in the U.S. and elsewhere are finding new life in China.

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Molycorp Defeats Effort to Delay Chapter 11 Exit Plan Hearings

Insurers and government authorities had asked for the delay to evaluate the effects of the company’s decision to drop California mining operation Mountain Pass from the plan.

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All Eyes on Turner as NCAA Title Game Moves to Cable

On April 4, TBS will become the first cable channel to air the title game of March Madness, reflecting a broader trend in the media world of marquee events shifting from broadcast to cable networks.

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China's Oil Workers Have Job Security

The dismal earnings reported by China’s largest oil companies, due in large part to bloated payrolls, show how difficult it is to bolster the competitiveness of state firms.

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3M Targets New Products To Aid Sales Growth

3M Co. is counting on offsetting modest sales growth in the coming years with lower costs and hiving off new products from its well-known consumer brands and industrial materials.

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Norfolk Southern Steps Up Fight Against Canadian Pacific Merger

Norfolk Southern urged employees to vote down Canadian Pacific Railway’s effort to enlist shareholders to press the board for friendly merger talks at its annual meeting.

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Yellen: Global Uncertainty Justifies Slower Path of Rate Increases

Global economic and financial uncertainty has heightened the risk to the U.S. economy and justified a slower path of interest-rate increases, Federal Reserve Chairwoman Janet Yellen said.

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FTC Sues Volkswagen Over Advertising of Diesel Vehicles

The Federal Trade Commission added to Volkswagen’s legal woes with the filing of a complaint claiming the auto maker’s advertising falsely touted its diesel vehicles as environmentally friendly.

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Oil Explorers Hit by U.N. Commission Ruling on Falklands

British oil companies with interests in the Falkland Islands suffered a blow when a U.N. commission said that the waters around the South Atlantic archipelago belong to Argentina.

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U.S. Consumer Confidence Rose in March

Consumer confidence rebounded in March, as Americans regained optimism about the short-term outlook for the economy.

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U.S. Home Price Index Continued Steady Climb

Home prices continued rising at a steady clip in January, according to the S&P/Case-Shiller Home Price Index—another early sign that 2016 will offer more of the same in the housing market: tight inventory leading to rising prices and volatility in the volume of sales.

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California Plan Marks Major Test of $15 Pay Floor

A plan by Democratic Gov. Jerry Brown to raise California’s minimum wage to $15 by 2022 sets the stage for the most significant experiment in base-pay increases.

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Oil Explorers Face Challenge to Secure Financing as Oil Prices Fall

Just a few years ago, when oil prices were $100 a barrel, banks were lining up to give international oil explorers access to billions of dollars to finance projects. Now the money is drying up, as oil prices stay mired in a prolonged funk.

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SoundCloud Starts Paid Subscription Version

Audio-sharing platform SoundCloud on Tuesday will begin selling paid subscriptions to one of the biggest music catalogs online, a move that will test the willingness of young consumers to pay for tunes from a service they’re accustomed to using for free.

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Foxconn's Price Tag for Sharp Likely to Fall by More Than $2 Billion

The boards of Sharp and Foxconn will meet separately Wednesday to discuss a revised takeover package that could slash more than $2 billion off the price for the Japanese electronics maker.

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Vattenfall Selloff Sparking Fears of Huge Bill for German Public

The potential sale of German power-production assets by a Swedish state-owned company to a Czech buyer is stoking public fears that German taxpayers could face a multibillion-euro bill for underwriting the transaction.

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Grooming Top Executives Includes Outside Board Experience

As they groom their star executives, more U.S. businesses are working hard to find them outside board seats.

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JetBlue, Alaska Air Bidding for Virgin America

Takeover offers from two other U.S. airlines—JetBlue Airways Corp. and Alaska Air Group Inc.—are due by the end of the week, according to a person familiar with the matter.

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A Son of Wall Street Privilege Faces Fraud Charges

Prosecutors charged former Blackstone executive l Andrew W.W. Caspersen, most recently an executive at Park Hill, with stealing $25 million from investors and scheming to defraud investors of $70 million more.

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Yahoo Sets April 11 Deadline to Submit Preliminary Bids

Yahoo has given potential suitors two weeks to submit preliminary bids for its core Web business and Asian assets, according to people familiar with the matter.

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Bigger Chickens Bring a Tough New Problem: 'Woody Breast'

A rising number of chicken-breast fillets are laced with hard fibers in a condition known in the industry as “woody breast.” While it poses no threat to human health, it does degrade the texture of the meat.

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Logistics Trouble Crimp Restoration Hardware

Upscale home-furnishings retailer has warned customers of months-long delays since the fall rollout of a new collection aimed at millennials and urban dwellers.

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Companies Invent Their Own Performance Benchmarks

Many companies are changing the benchmarks they use to define success. As they adjust to new delivery methods or changing consumer tastes, finance chiefs are rethinking what metrics they should share with investors.

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Chinese Bidder for Starwood Has Mysterious Ownership

Beijing’s Anbang, locked in a bidding war with Marriott over Starwood Hotels, has a complicated web of investors that is difficult to unravel.

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FBI Unlocks Terrorist's iPhone Without Apple's Help

The Justice Department dropped its demand for Apple’s help to access a terrorist’s phone.

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Elaine Wynn Files Counterclaim in Ongoing Wynn Resorts Battle

Wynn Resorts Ltd. co-founder Elaine Wynn filed a complaint Monday that attempts to regain control of her share of the company and further escalates the bitter battle between her and her former husband, Steve Wynn.

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Justice Department to Get More Aggressive on Employment-Tax Fraud

The Justice Department is stepping up investigations and prosecutions of company executives who cheat on paying taxes withheld for their employees.

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Chinese Browsers Leave Users Vulnerable, Report Says

Human-rights research group Citizen Lab said Tencent’s QQ Browser collected and transmitted data with weak encryption technology or without any encryption at all.

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Theranos Results Could Throw Off Medical Decisions, Study Finds

A study published Monday showed that Theranos’s results for total cholesterol were lower by an average of 9.3% than those from Quest and LabCorp.

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Testing to Start for Computer With Chips Inspired by the Human Brain

Lawrence Livermore National Laboratory will begin testing Thursday a $1 million computer packed with 16 microprocessors that are designed to mimic the way the brain works.

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Valeant's Outgoing CEO to Testify at Senate Hearing

Michael Pearson, the outgoing chief executive at Valeant Pharmaceuticals is expected to testify next month in front of a Senate committee investigating increases in the prices of certain prescription drugs.

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Tesla Weighs Challenge to Direct-Sales Bans

A federal ruling against a Louisiana regulation barring a religious group from selling coffins offers electric-car maker Tesla a potential tool to void state franchise laws barring direct sales of its cars.

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Line's Messaging App Aims to Hold Ground

A host of new services announced last week by Line Corp., which operates Japan’s dominant smartphone messaging application, reflect the company’s efforts to hold its ground against bigger players like Facebook.

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Line's Messaging App Aims to Hold Ground

A host of new services announced last week by Line Corp., which operates Japan’s dominant smartphone messaging application, reflect the company’s efforts to hold its ground against bigger players like Facebook.

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Revlon Names New CEO After Saying It Was Exploring Options

Revlon appointed Fabian Garcia as chief executive, months after the cosmetics company said it was exploring strategic alternatives.

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China's Anbang Raises Starwood Offer to $14 Billion

Starwood Hotels & Resorts said a new $14 billion offer from a consortium of companies led by China’s Anbang Insurance is likely to be a “superior proposal” to its takeover agreement with Marriott.

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Pending-Home Sales Jump 3.5% in February

The number of existing homes that went under contract in the U.S. rose in February, a sign of steady momentum for the housing market.

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Pandora Founder Takes Helm as CEO

Pandora Media Inc. on Monday said its founder Tim Westergren will succeed Chief Executive Brian McAndrews, who is leaving the company.

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NTT Data to Buy Dell's IT-Services Arm for About $3 Billion

Japan’s NTT Data has agreed to buy Dell’s IT-services division for $3.05 billion, its latest effort to seek growth overseas.

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Avon's Deal With Activist Investors Avoids Proxy Fight

Avon Products has settled a skirmish with activist investors that will enable the embattled beauty-products company to sidestep a proxy fight.

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U.S. Consumer Spending Rose 0.1% in February

American household spending rose modestly in the first two months of 2016 as consumers ramped up their saving, suggesting lackluster momentum for the broader U.S. economy headed into the new year.

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Apple Is Missing a Golden Opportunity

Apple fired a broadside at what remains of the PC industry last week, when its marketing chief claimed the company’s new iPad Pro is aimed at anyone still using an old PC. Still, it isn’t clear Apple’s iPad Pro can deliver on that goal—at least not yet.

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Upstate New York Seeks Economic Boost From Drones

Officials and businesses in upstate New York are trying to position the area around Rome as a nationwide hub of commercial drone research, testing and manufacturing.

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Sinochem Plans to Create Largest Listed Rubber Company

Sinochem International plans to buy Singapore-listed rubber trader Halcyon Agri and combine it with other units to create the world’s largest listed rubber company.

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Avon Nears Deal With Activist Investors to Avoid Proxy Fight

Avon Products is nearing the settlement of a skirmish with activist investors that would enable the embattled beauty-products seller to sidestep a proxy fight.

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Why the Boss Wants Your Vote

Workplace democracy has caught on at many companies, where workers cast votes on issues large and small. Taking ballots on issues from hiring to holiday parties helps spark loyalty to the company, managers say—though promotions and salaries are mostly decided behind closed doors.

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Oil Firms Slow Exploration to Weather Low-Price Era

The world’s biggest oil companies are draining their petroleum reserves faster than they are replacing them—a symptom of how a deep oil-price decline is reshaping the energy industry’s priorities.

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Logistics Investors Launch Supply-Chain Technology Accelerator

Former shipping entrepreneurs aim to pull ideas, talent into industrial distribution heartland with Tennessee venture.

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Massive Robots Keep Docks Shipshape

TraPac’s Los Angeles shipping terminal offers a window to how coming global trade will move: using highly automated systems and machinery to handle a flood of goods amid new free-trade accords.

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California Moves Toward $15-an-Hour Minimum Wage

California appears poised to raise its minimum wage to $15 an hour. Gov. Jerry Brown’s administration has told leaders in the Democratic-controlled state Legislature he supports boosting the pay floor to that level by 2022.

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Facebook Asks Users Far From Pakistan if in Harm's Way

Due to a bug in Facebook’s “safety check” feature, users far from Sunday’s deadly explosion in Pakistan were mistakenly asked if they were in harm’s way.

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Online Auctioning Made Easier With Asia-Based Apps

A crop of Asian startups are working to change the commercial landscape by offering apps that let individuals buy and sell goods directly from one another more easily than on traditional Web-based sites.

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Michigan Won't Discipline Lawyers in GM Ignition Case

Michigan authorities denied requests from an ignition-switch victim to investigate former GM employees over their handling of a safety defect.

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Cost of Sports TV Raises Stakes in Yankees, Comcast Fight

The Comcast-Yankees standoff is the highest profile example of how pay-TV providers are digging in their heels over rising sports-TV costs, threatening a money stream that has powered industry profits and financed huge salaries for star players.

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Al Jazeera to Cut 500 Jobs

Qatari broadcaster Al Jazeera has announced it is to cut 500 jobs, or about 10% of its workforce, weeks after it announced it would close its American cable channel.

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Israel Supreme Court Rules Against Offshore-Gas Deal

Israel’s Supreme Court on Sunday ruled against a landmark deal to develop and export the country’s offshore gas reserves.

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'Batman v Superman' Clobbers Box Office

‘Batman v Superman’ grossed an estimated $424.1 million world-wide; $170.1 million of that came from the U.S. and Canada, the sixth-biggest domestic opening of all time.

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'The Revenant' Puts Frontier Living on Center Stage

Mountain-men groups are seeing a flood of interest as enthusiasts head to museums, history lectures—and even into the wild—to live like Leonardo DiCaprio’s tormented movie character.

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The Risks of Stalling on Puerto Rico

When it comes to Puerto Rico, Washington would do well to heed the lessons learned by Europe in its handling of Greece’s sovereign debt crisis—act forcefully sooner rather than later.

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Microsoft to Pitch Cross-Device Capabilities to Developers

At its Build conference on Wednesday, Microsoft will press its case that developers can write an application once and have it run on PCs, tablets, smartphones and game consoles.

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Roger Agnelli Transformed Brazil's Vale: 1959-2016

Roger Agnelli exploited surging iron-ore prices and his own charisma to transform a sleepy Brazilian company into one of the world’s biggest miners. Mr. Agnelli, 56 years old, died in a plane crash in March.

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Zika Trips Up Travelers to Latin America

Fears of the Zika virus have prompted travelers to rethink their vacations and led some Caribbean hotels to deepen their discounts to give a boost to what is left of their high season.

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Zimmer Biomet: DOJ, SEC Still Looking Into Biomet Issues

Medical device maker Zimmer Biomet said the U.S. Justice Department and the SEC are still evaluating alleged past misconduct in Brazil and Mexico by Biomet Inc.

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'Gig' Economy Spreads Broadly

The big growth of Silicon Valley companies such as Uber has put a light on the “gig economy” of on-demand workers. But new research shows the shift away from steady employment more broadly affects a range of traditional industries, from highway inspectors to health aides.

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Judge Says Bankrupt Law Grads Can Cancel Bar Loans

A federal judge ruled law-school graduates who file for bankruptcy protection can cancel the debt they racked up while studying for the bar exam, finding such loans are different from traditional federal student loans that are rarely canceled by bankruptcy.

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A New Source of Liquid Energy?

British scientists have produced a urine-powered fuel cell that is less than an inch square and costs between $1.50 and $3.

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Boeing Nears U.K. Military Deal

Boeing moved a step closer to selling nine of its military surveillance jets to the U.K. in a proposed $3.2 billion deal announced by the U.S. government.

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EIG Global Energy Pulls Out of Pacific Exploration Deal

EIG Global Energy pulled its buyout offer for Pacific Exploration & Production, one of a few possible deals that the Canadian-Colombian oil company was hoping would stave off the need to file for bankruptcy.

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Citi to Ship New Costco Cards in May

Citigroup said it would start mailing its new Costco Wholesale co-branded credit cards to members of the warehouse club in May as Costo prepares to officially end its 16-year relationship with American Express.

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Cruise Automation Looks to Expand

Cruise Automation, the Silicon Valley autonomous-vehicle startup being acquired by General Motors, is giving job recruits a clearer picture of what its ultimate ambition is and an indication that it will expand.

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Fiat Chrysler: Dealer Lawsuit Over Sales Reporting "Puzzling"

Fiat Chrysler Automobiles NV said an Illinois car dealer’s lawsuit alleging the auto maker manipulated new-vehicle sales is baseless and “puzzling.”

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In Facebook's Hometown, the First Responders Aren't Local

The struggle of the fire department in Menlo Park, Calif., to keep its firefighters from moving away reflects a flip side of the Silicon Valley tech boom: housing is too expensive for middle-class workers to live nearby.

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Solar-Panel Installers Face Clouded Future

Home solar companies are on the defensive as many U.S. states look to dial back renewable-energy incentives for homeowners amid growing pressure from local electric utilities.

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MLB Supplier VF Seeks Strategic Alternatives for Licensed Sports Unit

Apparel conglomerate VF said it would seek strategic alternatives for its licensed sports division, which includes its Majestic brand, the official supplier of Major League Baseball uniforms and other apparel.

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U.S. Fourth-Quarter GDP Revised Up, Corporate Profits Fall

The fourth quarter’s slowdown was less severe than previously estimated but corporate profits fell, showing the economy entered 2016 on uneven footing.

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A Do-It-Yourself Website for Musicians Aligns With Major Labels

While many of upstart music websites have been sidelined, ReverbNation is trying to recast itself as a sort of super-manager that invests in artists early on with the hope the labels will sign them later.

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Snapchat Buys Bitmoji App for More Than $100 Million

The popular app by Bitstrips lets users create customized cartoon avatars that look like them, and then send them.

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Gilead to Pay Merck $200 Million in Damages in Hepatitis C Drug Suit

A federal jury found that Gilead Sciences infringed on two patents held by Merck and its partner Ionis Pharmaceuticals to treat the viral disease.

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Pitney Bowes Gauges New Path Away From Mass Mailings

Pitney Bowes’s postage meters have been fixtures in mailrooms around the world for most of the last century. Now the company is staking its future on mass mailing’s replacement: e-commerce.

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Signet Jewelers Profit Rises 19%

Signet Jewelers said its quarterly profit rose 19%, beating expectations, and the retailer issued upbeat guidance for the year.

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High Cost of Keeping Chocolate Cool Tempers Online Sales

The packaging needed to keep a small shipment of chocolate cool enough not to melt in hot weather can cost more than the product itself, a factor hampering chocolate makers in their efforts to cash in on e-commerce.

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Syngenta Says ChemChina Deal Poses No Food-Safety Issues

Syngenta said its planned sale to China National Chemical Corp. posed no food safety or “significant national security issues,” responding to U.S. lawmakers’ growing concerns over the seed and pesticide giant’s takeover by the Chinese state-owned enterprise.

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GameStop Gives Downbeat Financial Guidance

Videogame retailer GameStop posted better-than-expected earnings for its fourth quarter but issued dour guidance for the current three-month period and fiscal year.

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France Fines Google Over Right to be Forgotten

France’s data-protection regulator fined Google for not implementing Europe’s “right to be forgotten” globally, rejecting a compromise offered by the company and setting up a court battle.

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Exxon Mobil in Talks to Buy Stake in Big Mozambique Gas Project

Exxon Mobil is in advanced talks to acquire a stake in a giant Mozambique natural gas development from Italy’s Eni SpA, a sign that major oil companies are again hunting for deals after energy prices crashed in 2014.

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Netflix Throttles Its Videos on AT&T, Verizon Phones

Netflix, a leading proponent of open Internet rules, has been lowering the quality of its video for customers watching its service on AT&T or Verizon wireless networks.

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Texas Regulators Approve Oncor Buyout

One of the biggest deals ever to grow out of a bankruptcy case, the $17 billion buyout of Oncor, Energy Future Holdings Corp.’s electricity transmission business, won approval from Texas regulators.

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The Decline of Dissent at the Fed

Dallas Fed President Robert Steven Kaplan is part of a widening consensus taking root inside the nation’s central bank for a strategy of raising rates slowly in the months and years ahead.

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China Moves to Contend in Chip Making

China is putting $24 billion toward building a world-class semiconductor industry, exploiting a partnership with a U.S. company for the production of memory chips used in a wide array of electronic devices.

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Playboy Explores Sale

Playboy Enterprises is exploring a sale, a move that comes soon after the storied magazine publisher ditched nude photos and launched a revamp for the digital age. It could fetch north of $500 million.

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Microsoft Muzzles Its Artificially Intelligent Twitter Persona

Less than one day after Microsoft Corp. released Tay, an artificially intelligent software chatbot that communicated through messages on social media services, the program went rogue.

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GE Chooses Seaport District for Boston Headquarters

General Electric said its new global headquarters will be on a 2.5-acre campus along Necco Street in Boston’s fast-growing Seaport District. GE agreed to purchase the property from Procter & Gamble.

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Investors With a Cause Take a More Aggressive Tack

Institutional investors that use environmental, social and governance criteria to guide their investments are increasingly lobbying for change at companies that don’t meet their standards, instead of simply avoiding them.

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ArcelorMittal to Sell Two of Its U.S. Steel Operations

Steel giant ArcelorMittal said Thursday it has agreed to sell two off its U.S steel operations to Black Diamond Capital Management for an undisclosed sum.

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Judge Extends Deadline for VW Diesel Engine Fix Proposal

A federal judge has given Volkswagen AG another month to come up with a proposed solution to its diesel emissions-cheating scandal in the U.S. after the German auto maker failed to meet an initial deadline.

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Nissin Enters Takeover Fight for Premier Foods

Japan’s Nissin Foods has entered the battle for control of Premier Foods by buying a 17.3% stake in the company at 63 pence a share, some 3 pence above the sweetened but rejected takeover approach that U.S. spice maker McCormick made for the U.K. company.

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Activist Investor Ides Capital Takes Stake in Boingo Wireless

Ides Capital Management, a new activist hedge fund, is launching it first fight for board seats at Boingo Wireless, the provider of Wi-Fi service at airports and military bases.

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American Airlines to Raise Flight Attendants' Pay

American Airlines Group said it would raise pay for its flight attendants by about 6%, a move that comes on the heels of a decision to allow employee profit-sharing.

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China's Cnooc Seeks Solace at Home After Struggles Abroad

Offshore oil-and-gas major Cnooc is making domestic operations its priority, following years of building a global empire, in the wake of its worst earnings in more than a decade.

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Finish Line Issues Downbeat Guidance as Profit Sinks

Finish Line reported its profit sank 90% in the final quarter of the year, and issued annual guidance sharply below expectations.

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Starboard Launches Proxy Fight, Seeking to Oust Yahoo's Board

Hedge fund Starboard Value LP said in a letter it hopes to remove the entire board of Yahoo Inc., setting the stage for a battle over the future of the faded Web giant.

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U.S. Durable Orders Fell 2.8% in February

Orders for long-lasting manufactured goods declined broadly last month as headwinds from weak global growth, low oil prices and financial volatility continued to weigh on companies’ spending.

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U.S. Jobless Claims Rise

Initial claims for jobless benefits increased by 6,000 to a seasonally adjusted 265,000 in the week ended March 19. Claims for the prior week were revised down to 259,000 from an initial estimate of 265,000.

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Sony's Game Plan Goes Mobile

Sony said it would start making games for smartphones including Apple’s iPhones and Android phones, following rival Nintendo’s move into the fast-growing market.

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Car Makers' Appetite for Tech Startups Keeps Growing

General Motors’ purchase of an autonomous-driving tech startup likely will fuel more such deals for small, cutting-edge companies pursuing artificial intelligence and driving software.

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Mitsubishi Hit by Nearly $4 Billion in Commodities-Related Write-Downs

Mitsubishi, Japan’s biggest trading house, unveiled almost $4 billion in commodities-related write-downs and said it would report its first annual loss as a result.

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Starboard to Start Proxy Fight to Remove Yahoo's Board

The hedge fund plans to nominate directors to replace the entire board, Starboard said in a letter, setting the stage for a battle over the future of the faded Web giant.

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Google and Obama Administration Connect Over Cuba

Google’s efforts to enter the Cuban market have benefited from the frequent alignment of its interests with those of the administration.

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Expected Easter Spending in the U.S.

Americans’ spending for the holiday is expected to reach $17.3 billion.

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Oil's Decline Takes Toll on Saudi Conglomerate

The Saudi Binladin Group was once among the biggest beneficiaries of Saudi Arabia’s massive spending at home, paid for by the kingdom’s growing oil wealth. But in the past half-year, it has hit hard times as oil prices decline.

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Apple Fight Sets Off Race Among Hackers

Companies and freelance hackers have been working furiously to find a way into the iPhone 5C used by terrorist Syed Rizwan Farook.

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Some Volvo Trucks Taken Off Road

The U.S. DOT ordered nearly 16,000 Volvo AB heavy-duty trucks off the road after the company announced a recall last week because of potential steering defects.

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Starbucks Expands Rewards Program Beyond Its Shops

Starbucks says customers using its new branded prepaid Visa cards will be able to earn points for free coffee and other perks.

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American Airlines Reverses Course on Employee Profit-Sharing

American Airlines Group Inc.,, which hasn’t allowed employee profit-sharing in new labor contracts reached since its late 2013 merger with US Airways, said it would offer a program to employees.

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Banco Popolare, Banca Popolare di Milano Agree to Merge

Italian banks Banco Popolare SC and Banca Popolare di Milano Scarl have agreed to merge in a deal set to create Italy’s third largest bank by assets.

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Big Investors Question Corporate Board Tenures

Large U.S. companies increasingly are governed by board members who have held their seats for a decade or more, even as some big investors question whether a number of these directors serve shareholders’ best interests.

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Alphabet Ending Robotics Effort; Seeks Buyer for Boston Dynamics

Google parent Alphabet is dismantling its robotics effort after less than three years and trying to sell Boston Dynamics, the legged-robot maker that was the centerpiece of the program.

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Staples, Office Depot Get Little Help From Amazon in Saving Merger

An Amazon.com executive’s public testimony did little to bolster efforts by Staples and Office Depot to portray Amazon as a powerful behemoth whose plans to jump into the office-supply market will shake up their business in a big way.

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Turkish Media Tycoon, Bank Chairman Charged in Fuel-Smuggling Case

A court in Istanbul has accepted a prosecutor’s indictment accusing a Turkish media tycoon and the chairman of Turkey’s largest publicly traded bank of involvement in fuel smuggling, the state-run Anadolu news agency said Wednesday.

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Innovation Sputters as a Chinese Engine

Columnist Li Yuan writes that some incubators and shared-office spaces for startups in the country are largely empty and at risk of closing.

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Survey Shows Equal Gender Pay in Amazon Workforce

Amazon.com, under pressure to release details of gender pay equality, said it found that among its U.S. workforce, women and men earn essentially the same.

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Lawmakers Raise Concerns About ChemChina's Buy of Syngenta

U.S. lawmakers want the Agriculture Department to weigh in on the national security review of China National Chemical’s planned takeover of seed giant Syngenta for $43 billion.

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Brazil's Boom-Era Missteps Now Haunt Economy

Brazil’s deep recession and political upheaval may seem familiar given the country’s history of instability, but this time the problems are different, writes WSJ chief economics commentator Greg Ip. This time, the troubles are the consequence of years of underinvestment and protectionism that no longer have the cover of the commodity boom.

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Yum Holds Talks With KKR, Others on China Business Stake Sale

Yum Brands Inc. is considering selling a stake in its Chinese operation as part of a plan by the restaurant giant to spin off the once-fast-growing business.

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Renault, Nissan CEO: Auto Makers Need to Push for Consistent Rules

Auto makers need to push regulators around the world for consistent rules to allow driverless cars to proliferate, Renault and Nissan Chief Executive Carlos Ghosn said.

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U.S. New-Home Sales Rose 2% in February

Sales of newly built homes rose modestly in February, a sign of halting progress in the housing market as more Americans get jobs and incomes slowly rise.

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AstraZeneca Says Its Blood Thinner No Better Than Aspirin

The drugmaker said Brilinta was no more effective than aspirin at preventing major heart problems in stroke patients, denting the company’s growth ambitions for one of its key drugs.

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Uber-Ola Rivalry Takes Nasty Turn in India

An already-bitter battle between Uber and its main local competitor for dominance of the Indian market has hit a new level of ferocity, with Uber accusing its local competitor of using fake accounts to place spurious orders.

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General Mills Sales Miss Expectations

General Mills reported a bigger-than-expected quarterly sales decline amid foreign-exchange headwinds and the divestiture of its Green Giant unit, but earnings came in above Wall Street expectations.

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Virgin Atlantic Profit Rises on Fuel Savings, Delta Tie-Up

Virgin Atlantic Airways chalked up a second year of operating profit last year after a succession of annual losses, aided by a lower fuel bill and a restructuring in which the carrier founded by billionaire Richard Branson has focused on flights to the U.S.

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PetroChina Net Profit Plunged Nearly 70% in 2015

State oil major PetroChina said its net profit fell nearly 70% last year and warned of further troubles in 2016 amid global economic weakness.

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Pinterest Pins Hopes on International Audience

Pinterest, the six-year-old image-discovery website, had underestimated the diversity of user tastes overseas so it is working to make the site decidedly less American in an effort to build its audience.

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Hermès Stretches Profit Margin, Still Cautious on Luxury Outlook

Luxury-goods group Hermès International’s profit rose 13% last year, with the maker of the Birkin bag able to maintain its industry-leading margins even as revenue growth slid slightly during the fourth quarter.

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Inpex-Shell Gas Project in Indonesia Risks Running Out of Steam

Inpex and Shell suffered a blow in their $14 billion bid to exploit a deep-water gas field in Indonesia after President Joko Widodo said the project must link to an onshore refinery.

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Businesses Win Lawsuit Curbs With New Rules

Companies notched a quiet win in December when the federal courts adopted rules intended to curb the scope of pretrial evidence requests, a change that could tip the scales in their decadeslong battle against consumer lawsuits.

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FDA Sets New Requirements for Opioids

The Food and Drug Administration says it will institute safety labeling changes for immediate-release opioid painkillers, the agency’s latest step to reduce deaths from abuse of the powerful drugs.

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Apple Win Comes With Cost

The Justice Department’s move to postpone a showdown with Apple over unlocking a terrorist’s iPhone appears to be a victory for Apple. But it comes at a cost: the suggestion that there may be a gap in Apple’s software.

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GE Seeks to Sell Power, Medical Equipment to Cuban Government

General Electric signaled its intent to provide power, aviation and medical equipment to the Cuban government, as the Obama administration’s effort to thaw relations with the country continues.

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Dean Foods Doesn't Expect Planned Wal-Mart Plant to Hurt Results

Dean Foods Co. said it Tuesday that it doesn’t expect a planned Wal-Mart Stores Inc. dairy processing plant in Indiana to have a material effect on its financial results.

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ConAgra Goes Wide With GMO Label

ConAgra Foods Inc. is going nationwide with labels that say its Snack Pack pudding, Peter Pan peanut butter and other products are made with genetically modified organisms, finding it to be the easiest way to comply with a Vermont law on labeling.

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Macy's Names REIT Expert to Board

Macy’s has tapped William Lenehan, an expert in real-estate investment trusts, to become a board member as the company continues to face pressure to spin off its real estate.

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Krispy Kreme Reports Weak Revenue, Downbeat Outlook

Krispy Kreme Doughnuts Inc. reported weaker-than-expected revenue growth in the holiday quarter and provided profit projections that fell short of analyst expectations, sending shares down in after-hours trading.

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What's More Eco-Friendly: Going to the Mall or Shopping Online?

Could going to the mall be better for the environment than shopping online? That’s the claim in a new report by Simon Property Group, but other studies have found that shoppers can often reduce their environmental impact by shopping online.

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When You Really Need to Attend That Conference

How to overcome a boss’s skepticism and attend a valuable industry event.

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Venezuelan Oil Contractor Pleads Guilty to Bribery

Abraham Jose Shiera Bastidas admitted bribing foreign officials and committing wire fraud, as U.S. prosecutors ramp up their investigation of drug trafficking, money laundering and other crimes linked to Venezuela.

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Google's Computing Service Lures High-Profile Clients

Alphabet’s computing-on-demand division has added Walt Disney’s Disney Consumer Products and Interactive Media as a customer, giving the Google business a boost as it tries to catch up to rivals.

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Nike Revenue and Profit Climb

Nike said its revenue rose 7.7% and profit climbed in the latest quarter, helped by what the company said was robust growth across its business lines.

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McDonald's, Pizza Hut Cook Up New Plans for India

India’s once seemingly insatiable appetite for fast food has hit a wall at McDonald’s, Pizza Hut, KFC and other established global brands, deflating optimism that untapped demand in the 1.2 billion-person market will offset slumping consumption in the West and China.

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Apparel Maker G-III Posts Lower-Than-Expected Profit

G-III Apparel Group reported less-than-expected fourth-quarter profit and revenue on lower sales and higher promotion costs in its outerwear business.

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No Bid for Imagination Technologies, Says Apple

Following a report that sent Imagination Technologies shares soaring, Apple confirmed it had had some discussions with the company, but said it does not plan to make an offer at this time.

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Colleges Brace for Overtime Overhaul

Schools across the country are bracing for a surge in personnel costs as they prepare for the Obama administration’s overhaul to overtime-pay rules, with many colleges saying the rule change would undermine the White House’s goal of making higher education affordable.

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China's Sparkle Roll in Talks to Buy Bang & Olufsen

Denmark’s Bang & Olufsen A/S has disclosed the name of its mysterious suitor, saying one of its Chinese retailers, Hong Kong-listed Sparkle Roll Group Ltd., is interested in buying the maker of high-end audio equipment.

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Chinese Authorities Investigating Illegal Distribution of Vaccines

Chinese authorities are investigating the illegal distribution of improperly- stored vaccines in a scandal that has reignited drug-safety concerns in China.

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Volkswagen Committed to Launching 2 New SUVs in U.S.

Volkswagen dealers in the U.S. said Tuesday that the German car maker has committed to launching at least two new sport-utility vehicles for American consumers.

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Supreme Court Upholds Employee Class Action Against Tyson Foods

The Supreme Court ruled against Tyson Foods in a closely watched class-action case on the extent to which statistical evidence can be used to set damages in multiparty litigation against businesses.

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GM to Use External Reports to Strengthen Cybersecurity

General Motors Co. has received “three dozen or so” external reports of potential information-security vulnerabilities in its vehicles as part of a new cyber disclosure program.

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Amazon Sues Executive Recently Hired by Target

Amazon.com filed suit against a longtime logistics and supply chain executive recently hired by rival Target over what it said was a violation of a noncompete agreement.

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Coke Strives for a Winning Business Model

After years of snail-paced progress, beverage giant Coca-Cola is now racing to sell off its U.S. manufacturing and distribution by next year so it can focus on its much more profitable concentrate-making business.

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What's Holding Back Women in Tech?

Tech companies have disrupted other industries with apps that dispatch cars, housekeepers or pizzas in a matter of minutes. But tech firms lag those old-line businesses when it comes to advancing women.

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Volkswagen Assures U.S. Dealers of Commitment to Market

Volkswagen remains committed to the U.S. and hopes to soon ramp up sales to record levels despite widespread fallout from an emissions-cheating crisis, dealers said.

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Former Intel CEO Andy Grove Dies at 79

Andrew S. Grove, the Holocaust survivor who turned Intel Corp. into one of high tech’s most influential trend-setters, died at the age of 79.

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Accounting's 21st Century Challenge: How to Value Intangible Assets

How to value intangible assets like brands, data and algorithms is a growing issue with investors and a knotty problem for accounting rule makers as companies rely on such assets more in marketing and product development.

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U.S. Says 'Outside Party' Could Unlock Terrorist's iPhone

The U.S. Department of Justice late Monday asked to postpone a scheduled Tuesday court hearing in its effort to force Apple Inc. to unlock an iPhone belonging to a shooter in the San Bernardino terrorist attack.

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Prison Guards Are Hard to Capture as Jobless Rates Fall

Staffing issues are growing across the U.S. as state correction departments face greater competition for labor as the national unemployment rate dips below 5%.

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Fed's Lockhart: Economy Could Justify Rate Increase in April

Steady U.S. economic growth could justify increasing short-term interest rates as soon as next month, Federal Reserve Bank of Atlanta President Dennis Lockhart said.

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New Market for U.S. Shale Gas Opens in Europe

Swiss petrochemicals giant Ineos plans to accept the first American shipment of a type of shale gas to Europe on Wednesday—a milestone that marks the opening up of a new market for American energy producers trying to sell a glut of the fuel.

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Mars to Add GMO Labels to Products

Candy maker Mars will add special labels to products that contain genetically modified organisms.

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Apple Event: CEO Tim Cook Addresses iPhone Security; Small iPhone Gets Upgrade

An Apple event Monday at its Cupertino, Calif., headquarters led off with Chief Executive Tim Cook saying his company won't relent on its stance to keep data on customers’ iPhones secure.

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FanDuel, DraftKings to Shut Down in New York

Fantasy-sports operators FanDuel and DraftKings agreed to shut down in New York as part of a settlement announced Monday with the state attorney general’s office.

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Toyota Speeds Ahead on Automatic Brakes

Toyota said automatic brakes would become a standard feature on nearly all of its vehicles by the end of next year, speeding up on a pledge from nearly all auto makers to do so by 2022.

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Apple's iPhone and iPad March Event - Live Coverage

Apple is expected to unveil a new, smaller iPhone and a refreshed iPad at today’s event.

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Apple, DOJ to Face Off Over iPhone Encryption

Lawyers for Apple and the Justice Department will square off in a courtroom Tuesday over whether Apple should be compelled to help investigators unlock a phone belonging to a shooter in the San Bernardino terror attacks.

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Bayer Shares Lifted by Reported Monsanto Interest

Shares in Bayer rose sharply on reports that Monsanto might be interested in acquiring or partnering with the German company’s CropScience business.

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Valeant Searches for New CEO, Alleges Improper Conduct

Valeant has begun a search for a new CEO and named William Ackman to its board, as the drugmaker also acknowledged improper conduct by its top financial officers.

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Hard Realities Cloud Dreams of Businesses Hoping to Enter Cuba

President Obama’s trip to Cuba is bolstering hopes that a flood of investment and tourists will extend prosperity and freedom to the communist-ruled island, but entrepreneurs and consultants say such plans may founder on the island’s hard realities.

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Dalian Wanda to Partner With FIFA

In building its relationship with FIFA, Chinese conglomerate Dalian Wanda Group is stepping into a void left by other sponsors amid a corruption scandal that has tarnished the soccer federation’s image.

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U.S. Existing Home Sales Tumble in February

Sales of previously owned homes sank in February, falling in all four regions of the country amid rising prices and low inventory.

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Starwood Agrees to Sweetened Merger With Marriott

Starwood Hotels & Resorts Worldwide Inc. said it had agreed to a sweetened $13.6 billion deal with Marriott International Inc. on Monday, trumping last week’s boosted bid from Chinese insurer Anbang Insurance Group.

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Telecom Italia Confirms CEO to Quit

Telecom Italia is set to part company with Chief Executive Marco Patuano after clashes over strategy with other directors at the telecom operator in which France’s Vivendi SA took a near 25% stake last year.

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U.S. to Lift Trade Sanctions on ZTE Corp.

The U.S. government plans to temporarily lift trade sanctions against China’s ZTE Corp., a senior Commerce Department official said Sunday, easing a source of tension between Washington and Beijing.

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Casino's Debt Downgraded to Junk by S&P

Rating agency Standard & Poor’s has downgraded French retailer Groupe Casino’s senior unsecured debt to BB+ from a previous BBB-, citing pressure on the company from difficult conditions in Brazil.

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GrabTaxi Rides With Lippo in Indonesian Tie-Up

Singapore-based GrabTaxi Holdings announced a partnership with Indonesian conglomerate Lippo Group, in a deal strengthening the ride-hailing app’s position in Southeast Asia’s largest economy.

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Why Your Home Wi-Fi Is Lousy

Columnist Christopher Mims writes that startups, and Google, are racing to solve Wi-Fi’s “home-spectrum crunch.”

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Staples Antitrust Case to Test Firm's CEO

Antitrust proceedings involving Staples’ proposed takeover of rival Office Depot are slated to start Monday in a Washington, D.C., federal court and come when U.S. antitrust enforcers have been emboldened by a string of victories.

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Wilbur Ross Blank-Check Company to Buy Nexeo Solutions

A blank-check company run by billionaire investor Wilbur Ross has reached a deal to buy Nexeo Solutions Holdings, for roughly $1.6 billion, including debt, according to people familiar with the matter.

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Oprah Winfrey Steers a Turnaround at Her OWN Network

Oprah Winfrey has steered a remarkable ratings turnaround at her OWN cable network, even as many of its rivals have lost viewers. She has taken a bigger creative role, shifting its lineup toward increasingly ambitious dramas.

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Airlines Pull Back on Hedging Fuel Costs

With oil prices low, airlines are rethinking the use of hedging to lock in their costs for fuel, the industry’s second-largest expense after labor, a strategy the carriers have long relied on as insurance against oil-price increases.

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A Push for Friendlier Skies

U.S. aerospace companies and government officials are pushing to develop new cockpit-equipment standards that eventually would allow aircraft to fully utilize local satellite-navigation systems across Europe, China, Russia and other areas.

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A Tarnished Turboprop Clouds China's Aviation Dream

China hopes two new airliners it designed will place it on the global runway. A prior effort, the MA60 turboprop, has a troubled record.

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Digital First Media to Buy Orange County Register Publisher

The publisher of the Orange County Register says it will sell its bankrupt newspaper group to Digital First Media after the U.S. government moved to block a sale to the owner of the Los Angeles Times.

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GMO Labeling Law Roils Food Companies

The first law in the U.S. requiring mandatory GMO labels is slated to go into effect in Vermont on July 1.

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Widening U.S. Home-Price Gap Makes Trading Up Harder

The widening gap between the middle and upper tiers of home prices is making it harder for people to trade up, tightening inventories and pressuring prices, according to a study.

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'Divergent Series: Allegiant' Stumbles in Debut at Box Office

The third “Divergent” movie is continuing the string of disappointing box-office performances for young-adult book adaptations, and couldn’t muster first place in its opening weekend, coming in behind the animated juggernaut “Zootopia” on its third weekend in theaters.

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Income Inequality and the Generation Gap

In deciphering the many forces behind income inequality, economists are flagging a widening shift in the economic fortunes of the old and everyone else. In some countries, France and Spain among them, people 65 and older now earn more on average than younger people do.

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Sherwin-Williams Close to Deal to Buy Valspar

Sherwin-Williams Co. is nearing a deal to buy Valspar Corp.,  according to people familiar with the matter.

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General Mills Hopes for Cereal Payoff

General Mills’ quarterly results will give investors a closer look at whether the company’s efforts to revive sales of its breakfast cereals are bearing fruit.

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Former J&J CEO Ralph Larsen: 1938-2016

Ralph Larsen, who died March 9 of a heart attack at the age of 77, was CEO of Johnson & Johnson from 1989 to 2002, an era when companies didn’t need to worry quite so much about kowtowing to investors.

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China Takes Action Over 'Ip Man 3' Box-Office Sales

China’s film regulators suspended the license of a film distributor for inflating ticket sales for the movie “Ip Man 3,” sending a broad message against box-office fraud.

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Apple to Upgrade Smaller iPhone

Apple is expected to introduce a new version of its smallest current iPhone at a Monday event, in an effort to cater to consumers who prefer phones with smaller screens.

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Telecom Italia CEO to Resign

Telecom Italia Chief Executive Marco Patuano is set to resign, a person familiar with the matter said. He has had clashes with the company’s board about some of his latest strategic decisions.

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Payments Firm Stripe Heads to Cuba

Online payments firm Stripe Inc. is joining a number of large U.S. corporations that are expected to announce ventures and partnerships in Cuba as President Obama visits there Sunday.

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Jury Awards Wrestler Hulk Hogan $115 Million in Gawker Case

The professional wrestler sued after Gawker Media in 2012 posted a video of him having sex with a married woman.

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Starwood Welcomes Chinese Suitor in Snub to Marriott

Starwood’s decision to spurn Marriott for a higher offer from a Chinese group threatens to derail the hotel industry’s rush to consolidate to fend off competition from nimble new rivals like Airbnb and get better deals from online travel sites.

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J&J Settling Cases Tied to Device Found to Have Spread Cancer

Johnson & Johnson is settling a series of legal claims and lawsuits alleging that its now-discontinued hysterectomy device harmed women by spreading a hidden cancer.

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Influential Cuban-Americans Changed Stance on Embargo

Cuban-American businessmen, once implacably opposed to the trade embargo, ended up campaigning to lift it, helping pave the way for the historic move.

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General Mills to Label GMOs in Products Nationwide

General Mills is changing its labels nationwide to indicate whether its foods contain genetically modified organisms, ahead of a Vermont law that will mandate it as of July.

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Boeing CEO's Compensation Climbs to $13.2 Million

Boeing Co. said Friday that the total compensation awarded to new Chief Executive Dennis Muilenburg climbed around 12% to $13.2 million last year.

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FCC Releases Bidder List for Wireless Auction

Comcast, a Silicon Valley investor and other potential new wireless players have filed paperwork to bid in an upcoming FCC auction of airwaves that are expected to fetch tens of billions of dollars.

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Airbus Plans Defense-Unit Sale to KKR

Airbus Group SE on Friday said it had agreed to sell its defense electronics business to an affiliate of KKR & Co. LP for €1.1 billion ($1.24 billion), the latest in a line of deals by private-equity groups targeting commercial and military aerospace products.

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Korn/Ferry Settles Lawsuit Over Executive's Firing

Korn/Ferry International, the world’s biggest executive-search firm, has quietly settled a bitter and salacious legal feud over its firing of a high-level executive.

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Eni Plans More Than $14 Billion in Cost Cuts, Asset Sales

Eni is the latest major oil and gas company to further adjust its strategy to the prolonged period of low crude prices.

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U.S. Steel to Idle Plants, Lay Off Workers

U.S. Steel, the largest steelmaker in the U.S., will idle plants in Ohio, Texas and Alabama as it continues to cut costs amid a global glut that has driven down prices, the company said.

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FBI Investigating Bangladesh Bank-Account Heist

The FBI is probing the theft, apparently by hackers, of tens of millions of dollars from Bangladesh’s account at the Federal Reserve Bank of New York.

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Fed's Dudley Nods to Challenges in Averting Another Crisis

In opening remarks at a conference on bank supervision, New York Fed President William Dudley said the financial system is “much more resilient” after the 2008 financial crisis but acknowledged the challenges of preventing another one.

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McKesson Details Savings From Expected Layoffs

McKesson Corp. on Friday detailed the costs it will incur as it moves to cut 1,600 jobs, or roughly 4% of its U.S. workforce, as it grapples with price pressure amid sector consolidation.

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U.S. Consumer Sentiment Slips in March

Consumer confidence fell in March—with the preliminary estimate at at 90.0 compared with a final February reading of 91.7—amid concerns about rising gasoline prices and the broader economy.

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Starwood to Scrap Marriott Deal as Anbang Lifts Offer

Starwood received an increased takeover bid of about $13.2 billion from a group led by Chinese insurance giant Anbang that it said is superior to the deal it has in place with rival Marriott.

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Ford CEO Mark Fields Earns $18.6 Million In 2015

Ford Motor’s Chief Executive Mark Fields earned $18.6 million in total compensation for his first full-year on the job in 2015, a year of record operating results for the No. 2 U.S. auto maker.

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Ex-Porsche Executives Acquitted of Market Manipulation in VW Bid

A court acquitted two former top Porsche executives, finding them not guilty of market manipulation related to the company’s botched 2008 takeover attempt of Volkswagen.

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Former Alibaba Executive Joins India's Paytm

Indian online payment startup Paytm has hired the former head of Alibaba’s wholesale business as it looks to ramp up growth and work more closely with the Chinese e-commerce giant.

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Spotify and Artists Are Playing a New Tune

While Spotify doesn’t follow the old playbook of accepting monetary incentives from musicians seeking more visibility on its music-streaming service, it does want something from them in exchange: their labor.

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Tiffany Posts Revenue Decline

Tiffany & Co. said comparable-store sales and profit fell in its fourth quarter, and the luxury jeweler warned that profit in its current quarter would be worse than expected.

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Richemont Joint Chief Executive Fornas to Retire

Cie. Financière Richemont said that joint Chief Executive Bernard Fornas would be retiring from the luxury goods company at the end of March.

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Toshiba Forecasts Quick Bounce From Record Loss

Japanese electronics conglomerate Toshiba forecast a sharp return to profitability next fiscal year, after saying it will suffer the largest loss in its 140-year history in the current one.

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Australia Raises Bar for Foreign Investments in Infrastructure

Australia’s government said it would tighten foreign-investment rules after Washington complained about the lease of a port used by U.S. Marines to a Chinese company with close ties to Beijing.

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Auto Supplier Lear in Talks to Return Jobs to Detroit

Lear Corp., one of the world’s biggest auto suppliers, is pressing the United Auto Workers to agree to lower wages in exchange for relocating jobs from Mexico back to Detroit.

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Student-Loan Delinquencies Decline

The number of Americans at least a month behind on their student-loan payments is declining, reversing a trend the Obama administration has called a threat to the nation’s economic health.

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Viacom Draws Interest for Minority Stake in Paramount Pictures

Since announcing plans to sell a minority stake in its Paramount Pictures film studio in February, Viacom Inc. said it has received incoming interest from three dozen companies.

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McKesson to Cut Roughly 4% of Its U.S. Workforce

McKesson Corp. said it plans to cut 1,600 jobs, or roughly 4% of its U.S. workforce as the drug wholesaler faces challenges from lower-than-anticipated pricing trends for generic drugs and pressures resulting from consolidation in the sector.

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U.S. Seeks to Block Tribune's Deal for Nearby Rival

Tribune Publishing agreed to acquire all assets of Freedom Communications, the owner of the Orange County Register, for $56 million in cash—but not if the U.S. Department of Justice has its way.

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SFR to Pay Up to $4.5 Billion for Bouygues Telecom Assets

Under a possible deal, Orange SA would buy Bouygues Telecom, and then SFR would pay Orange up to $4.5 billion for some assets, and Iliad would pay about half that amount for other assets.

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Walgreens, UnitedHealth Announce Partnership

Walgreens Boots Alliance announced an agreement with UnitedHealth’s pharmacy-benefits manager OptumRx aimed at providing more benefits to OptumRx members at Walgreens stores.

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Keystone Pipeline Operator to Buy Columbia Pipeline

TransCanada, the company behind the controversial Keystone XL oil pipeline project, agreed to buy Columbia Pipeline Group Inc. for $10.2 billion.

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Apple Tries Out Google's Cloud

Apple Inc. is moving some of its data to Google’s computing-on-demand service from Amazon.com’s, a major victory for the Alphabet Inc. unit in its battle against Amazon and Microsoft.

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Virtual Pop Stars Set to Take the Stage

Simon Fuller, the talent manager behind TV’s “American Idol,” is busy manufacturing his next pop star. He believes fictional artists could amass bigger followings and generate more revenue than real ones—if superheroes, Disney princesses and Star Wars characters are any guide.

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California Regulators Give Ivanpah Solar Plant More Time

California regulators threw a lifeline to the struggling Ivanpah solar plant, approving agreements that would give the owners of the plant up to a year to work out its problems.

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Whole Foods Shifts to Chickens That Grow More Slowly

Whole Foods Market said it will replace the industry-standard chickens bred to rapidly pack on pounds with slower-growing varieties that the grocery retailer believes will enjoy better lives and yield better-tasting meat.

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Tencent Makes Advertising Push

Tencent is pushing online advertising aggressively as the Chinese company tries to earn money from its WeChat mobile social-media platform.

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J. Walter Thompson Company CEO Resigns

Gustavo Martinez, chief executive of ad agency J. Walter Thompson, has resigned in the wake of a discrimination lawsuit accusing him of a pattern of sexist and racist behavior.

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Mediaset CEO Pier Silvio Berlusconi Given Jail Time on Tax Charges

A Milan appeal court sentenced Mediaset’s Chief Executive Pier Silvio Berlusconi, son of the former Italian primer minister, to one year and two months in jail for tax evasion.

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T-Mobile Adds YouTube to Free Video Streaming Service

T-Mobile US Inc. has added YouTube, the web’s most-used video provider, to its free video-streaming service, ending a four-month impasse between the two companies.

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Toshiba Selling Medical, Consumer-Electronics Units to Raise Cash

Japanese conglomerate Toshiba said Thursday it had reached agreements to sell its medical and consumer-electronics units, part of efforts to raise cash and reduce its bloated business portfolio.

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U.S. Jobless Claims Increased Modestly Last Week

The number of Americans applying for new unemployment benefits rose slightly last week, but remains at a level consistent with an improving jobs market.

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Nike Unveils Self-Lacing Sneakers

Nike unveiled sneakers with self-lacing technology that it plans to sell later this year as the sportswear company looks to one-up rivals in an increasingly tech-driven athletic market.

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Tencent's Online Games, Ad Revenue Fuel Profit Growth

Chinese Internet giant Tencent Holdings said its net profit grew 22% in the fourth quarter, helped by its solid online-games business and a surge in advertising revenue.

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Caterpillar Sees Soft First Quarter Amid Macro Concerns

Caterpillar offered a downbeat revenue and profit forecast for its first quarter, though it backed its full-year guidance, as the company continues to see its business challenged by falling demand.

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SeaWorld to Stop Breeding Killer Whales at Theme Parks

SeaWorld Entertainment said that it will stop breeding killer whales, or orcas, at its theme parks with immediate effect and plans to introduce new natural orca encounters, rather than theatrical shows.

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Energy Bust Powers Down Generator Sales

Oil-and-gas producers rent much of their equipment rather than buying. That leaves rental companies holding lots of generators and searching for ways to unload them—which is also drying up sales of new machines for Caterpillar, Cummins and other companies that manufacture them.

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GSK CEO Andrew Witty to Retire

GlaxoSmithKline said Andrew Witty would retire as chief executive in March 2017 after roughly 10 years as CEO of the drug maker.

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Rio Tinto Names New CEO

Rio Tinto has selected Jean-Sébastien Jacques, the head of the Anglo-Australian miner’s copper and coal division, to succeed Sam Walsh as chief executive.

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Lufthansa Lifted by Falling Fuel Costs

Deutsche Lufthansa reported a sharp rise in full-year earnings aided by lower fuel costs, while signaling the pace of improving financial results would slow in 2016.

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LafargeHolcim Pushed to Hefty Loss by Write-Downs

LafargeHolcim reported a $2.92 billion fourth-quarter loss as the building materials giant took a big charge for the reduced value of its cement making assets in weak markets like China, Russia and India.

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Fed Hits the Right Policy Note

The Federal Reserve’s policy pronouncement Wednesday hasn’t eliminated the threat of recession, WSJ chief economics commentator Greg Ip writes, but by showing a willingness to shift plans when that threat arises, the Fed has cut the odds that its own mistakes will be the cause of that recession.

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Embraer Consultant Says CEO, Other Top Managers Knew of Bribery

A consultant who says he paid bribes on behalf of Embraer told Brazilian prosecutors that he believes its top managers, including the CEO, knew of the payments, which were tied to an aircraft sale to the Dominican Republic.

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Bug-Spray Makers Take Aim at Zika

It is just the start of the U.S. mosquito season but companies that make bug repellent are already running factories near capacity as they anticipate surging demand in response to the spread of the Zika virus.

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Pacific Exploration & Production Considering Buyout Offers

Latin America’s largest independent oil producer, Pacific Exploration & Production Corp., is evaluating six buyout offers to avoid bankruptcy, according to people familiar with the negotiations.

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Royal Dutch Shell, Saudi Aramco to Break Up Motiva Partnership

The two oil companies are making plans to split a nearly two-decade business venture that created the biggest crude refiner in the U.S.

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Even Moonshine Is Going Upscale

In Tennessee, distilleries have taken the business of running moonshine upscale, with flavors like eggnog, butterscotch and apple pie.

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Baidu to Test Driverless Cars in U.S.

Baidu will soon start testing autonomous cars in the U.S., the company’s chief scientist said. The move is part of the Chinese tech giant’s effort to introduce a commercially viable model by 2018.

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Coherent to Buy Rofin-Sinar for $942 Million

Rofin-Sinar Technologies Inc., a laser-products company contending with a harsh proxy fight, has struck a $942 million deal for a sale to Coherent Inc.

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Sports Authority Sues Suppliers

Sports Authority is playing hardball with suppliers, filing lawsuits against more than 160 of them just weeks after it sought bankruptcy protection for its chain of ailing stores.

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FedEx Earnings Jump in Holiday Quarter

FedEx topped expectations for its latest quarter after a surge in online shopping during the crucial holiday period drove results in its ground segment.

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Chipotle to Offer More Free Burritos

Chipotle Mexican Grill is planning to give away even more free burritos as part of what the restaurant chain says is a successful campaign to win back customers.

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Car Makers Pledge to Make Automatic Brakes Standard by 2022

Nearly all auto makers have pledged to make automatic emergency brakes standard on vehicles within six years, said people familiar with the matter, adding to safety breakthroughs such as air bags that have become mainstays on cars and trucks.

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Novartis Heart-Failure Pill Falls Short of Sales Expectations

Novartis won regulatory approval last summer for a heart-failure pill, Entresto, that it called “one of the most remarkable drugs in cardiovascular medicine in the last several decades.” Since then, it has faced a problem: getting doctors to prescribe it.

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Maersk Sees Savings in Using Drones at Sea

Amazon.com Inc. is scrambling to figure out how to use drones to deliver packages over land. Another giant in the shipping business is trying to do the same thing at sea.

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Amgen's Patents on Cholesterol Drug Declared Valid

A jury declared valid two Amgen patents linked to the company’s recently approved cholesterol-lowering drug, delivering a setback to makers of a rival drug, Regeneron and Sanofi.

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Fed Lowers Outlook for Further Rate Increases This Year

Federal Reserve officials reduced estimates of how much they expect to raise short-term interest rates in 2016 and beyond, nodding to lingering risks to the economic outlook posed by soft global economic growth and financial-market volatility.

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U.K. Unveils Levy on Sugary Drinks

The U.K. government has unveiled a surprise levy on sugary drinks, setting up a new battleground between the global soft-drinks industry and public-policy makers aiming to curb sugar intake.

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Radical Policy Ideas Emerge as Too-Low Inflation Lingers

With efforts to boost inflation and wages through fiscal and monetary stimulus so far showing little result, WSJ chief economics commentator Greg Ip explores a controversial remedy from four decades ago that is getting a fresh look: wage and price controls.

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Fed Interest-Rate Decision: Live Updates

Real-time updates and analysis of the Fed’s March meeting and Janet Yellen’s press conference from the Journal’s economy team.

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