Why Merck Is Betting Big on One Cancer Drug

Merck is making one of the biggest bets on a single drug in the pharmaceutical industry, a move that is risky but that could, if successful, pay off for the company and cancer patients.

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SoftBank's Billions Spur Global Race to Pour Money into Startups

SoftBank Group and other big foreign investors are flooding into the venture market, where many tech startups are scoring hundreds of millions of dollars more than they initially sought.

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Caesars Palace Without Gambling?

Caesars Entertainment, long known for its namesake Las Vegas gambling destination, is trying something new in the Persian Gulf tourism hub of Dubai: a Caesars Palace without slot machines or blackjack tables.

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WPP CEO Martin Sorrell Steps Down

Martin Sorrell, chief executive of advertising giant WPP, has stepped down, effective immediately, following the conclusion of a company probe into a personal misconduct allegation.

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Why No One Wants to Back the Gun of the Future

After the Sandy Hook school shooting, Silicon Valley set out to make safer, technologically advanced weapons that could only be fired by their owners.

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Cambridge University Pushes Back Against Facebook Scrutiny of Research Apps

The uproar over how Facebook Inc. allowed a Cambridge University researcher to improperly harvest data on 87 million users has prompted a public clash between the social network and the 800-year-old institution.

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Trump Adviser Kudlow Says 'Calmer Heads' Can Prevail in China Trade Dispute

President Donald Trump’s top economic adviser said he is optimistic the U.S. can avoid a broader trade fight with China and said the White House was close to securing a renegotiation of the North American Free Trade Agreement with Canada and Mexico.

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