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US Business
Updated: 3 days 17 hours ago

Health Agency Says Popular Herbicide Likely Carcinogenic

Fri, 03/20/2015 - 10:54pm
Glyphosate, a herbicide widely marketed by Monsanto and other companies, likely has the potential to cause cancer in humans, a World Health Organization agency said.
Categories: Business

Technical Hurdles Delay Drone Deliveries

Fri, 03/20/2015 - 9:34pm
Companies hoping to use drones to deliver small packages are confronting technical hurdles such as battery life and weather that are at least as vexing as proposed U.S. regulatory limits.
Categories: Business

Four Journalists Cleared in U.K. Bribery Case

Fri, 03/20/2015 - 8:33pm
Four senior journalists at the News Corp-owned Sun newspaper were cleared of making illegal payments to public officials in the U.K.
Categories: Business

Cement Giants Agree on New Merger Terms

Fri, 03/20/2015 - 8:25pm
Lafarge and Holcim agreed to change the terms of a $44 billion merger, but left questions over who will lead the new cement giant.
Categories: Business

HTC Chairwoman to Take CEO Job

Fri, 03/20/2015 - 8:21pm
HTC’s chairwoman and co-founder, Cher Wang, will replace longtime CEO Peter Chou after a three-year struggle to reverse falling market share.
Categories: Business

Biogen Alzheimer's Drug Impresses in Early Study

Fri, 03/20/2015 - 7:55pm
A Biogen Idec drug that targets plaque buildup in the brain slowed cognitive decline in some Alzheimer’s patients in an early-stage study.
Categories: Business

Google Avoided FTC Probe but Others Loom

Fri, 03/20/2015 - 7:51pm
Google escaped a U.S. antitrust investigation, but the company isn’t out of the regulatory woods. The disclosure of a 2012 FTC report that found it used anticompetitive tactics gave fuel to rivals and a European probe.
Categories: Business

Retailers Are Wary of Possible Mall Deal

Fri, 03/20/2015 - 7:03pm
Retailers are concerned that Simon Property Group would gain too much power over the nation’s best shopping malls if it succeeds in acquiring rival Macerich.
Categories: Business

Federal Fracking Rules Draw Criticism

Fri, 03/20/2015 - 6:38pm
The Obama administration issued comprehensive rules for hydraulic fracturing, a move that also seeks to set a national standard for a patchwork of state regulations governing the controversial drilling practices.
Categories: Business

Simon Raises Bid for Rival Mall Owner

Fri, 03/20/2015 - 4:16pm
Simon Property said that it was making its “best and final offer” for rival mall owner Macerich, raising the per-share bid to $95.50 from $91.
Categories: Business

Graco Settles Car-Seat Probe

Fri, 03/20/2015 - 2:33pm
Graco Children’s Products, a unit of Newell Rubbermaid, will pay $10 million to settle a National Highway Traffic Safety Administrative probe tied to the timeliness of its recall of child safety seats last year.
Categories: Business

Caterpillar Will Move Jobs from Illinois to Mexico

Fri, 03/20/2015 - 1:14pm
Caterpillar Inc. announced plans to eliminate 230 jobs at a plant in Joliet, Ill., where workers went on strike in 2012 for more than three months.
Categories: Business

ChemChina in Talks to Buy Pirelli Stake

Fri, 03/20/2015 - 1:04pm
China National Chemical is negotiating to buy a controlling stake in Italian tire manufacturer Pirelli.
Categories: Business

GoDaddy Sets IPO Terms

Fri, 03/20/2015 - 12:39pm
GoDaddy Inc. said it plans to raise up to $418 million in an initial public offering that could leave the Internet-domain registrar with a market capitalization approaching $3 billion.
Categories: Business

Foxconn in Investment Talks With Indian E-Commerce Startup

Fri, 03/20/2015 - 12:37pm
Indian e-commerce firm Snapdeal.com is looking to raise up to $1 billion of fresh capital from investors including Foxconn, potentially making the startup the country’s second most valuable at nearly $7 billion.
Categories: Business

Streaming TV Services Seek to Sidestep Web Congestion

Fri, 03/20/2015 - 12:00pm
HBO, Sony and Showtime are asking broadband providers for a separate lane for their online-TV services, hoping to steer clear of growing congestion on the Internet, opening up a new question on net neutrality.
Categories: Business

Amazon Cleared to Test Drones

Fri, 03/20/2015 - 11:47am
Amazon received approval to test drones outdoors and unveiled plans to expand its one-hour delivery service to Baltimore and Miami.
Categories: Business

China Firms on Hunt for Trophy Assets

Fri, 03/20/2015 - 11:27am
A thirst for natural resources among Chinese companies is being replaced by a rising hunger among businesses and wealthy individuals to acquire trophy assets and find homes for their cash overseas.
Categories: Business

Darden's Profit, Outlook Edge Higher

Fri, 03/20/2015 - 11:15am
Darden Restaurants Inc. showed further progress in turning around its struggling Olive Garden chain, posting its second straight quarter of same-restaurant sales growth.
Categories: Business

Key FTC Staff Sought Google Antitrust Suit

Fri, 03/20/2015 - 10:47am
Officials at the FTC concluded in 2012 that Google used anticompetitive tactics and abused its monopoly power in ways that harmed Internet users and competitors, a far harsher analysis of Google’s business than was previously known.
Categories: Business