Alibaba Invests $120 Million in Mobile Gaming Firm

Wall Street Journal - 51 min 8 sec ago
Alibaba Group Holding is backing another California startup, announcing a $120 million strategic investment in gaming company Kabam Inc. and a partnership to publish and distribute its free-to-play mobile games.
Categories: Business

FDA Seeks to Regulate Lab-Developed Tests

Wall Street Journal - 1 hour 5 min ago
The FDA laid out a proposed new regulatory plan to oversee potentially thousands of laboratory-developed medical tests that the agency contends can be prone to errors.
Categories: Business

America's Business Puzzle: Record Debt and Record Cash

Wall Street Journal - 1 hour 9 min ago
U.S. companies have never had so much debt and so much cash. But there is a reason for that—low interest rates and U.S. tax policy.
Categories: Business

AB InBev Scores with World Cup

Wall Street Journal - 1 hour 18 min ago
Anheuser-Busch InBev reported that strong sales volume growth and cost cuts boosted net profit in the second quarter, driven in part by World Cup sales.
Categories: Business

Iliad Makes Offer for T-Mobile US

Wall Street Journal - 1 hour 43 min ago
French upstart telecommunications company Iliad made a buyout offer for T-Mobile US, in a bold bid to counter an effort by Sprint to combine with the fourth-largest wireless carrier in the U.S.
Categories: Business

Blame It on the World Cup

Wall Street Journal - 1 hour 44 min ago
The World Cup's cheers of victory and cries of defeat were echoed by executives as they examined second-quarter results. Companies selling TVs, sports drinks and snacks scored, but makers of washing machines lost out.
Categories: Business

Tesla Motors' Loss Widens

Wall Street Journal - 1 hour 45 min ago
Tesla Motors said its second-quarter loss widened to $62 million, or 50 cents a share, even as deliveries of its Model S sedan hit a new high.
Categories: Business

GoPro's Revenue Rises, But Its Shares Fall

Wall Street Journal - 1 hour 48 min ago
GoPro, in its first earnings report after its IPO, reported better-than-expected second-quarter results but still saw its shares decline.
Categories: Business

Wind Power Hopes for Sea Change

Wall Street Journal - 1 hour 56 min ago
Germany's efforts to generate electricity from offshore wind farms have been marred by delays and cost overruns, but turbine maker Siemens and private-equity firm Blackstone are looking to buck that trend.
Categories: Business

U.S. Judge Rules Microsoft Must Produce Emails Held Abroad

Wall Street Journal - 1 hour 56 min ago
Microsoft must comply with a U.S. warrant for email stored in a company data center in Ireland, a federal judge ruled.
Categories: Business

Siemens Cautious on Energy Unit

Wall Street Journal - 1 hour 58 min ago
Siemens posted a rise in second-quarter profit but the German engineering giant warned that its energy business remains a challenge and conflicts around the globe increasingly threaten its expansion plans.
Categories: Business

Lotus Looks for Edge in F1 Data Rush

Wall Street Journal - 2 hours 4 min ago
Lotus says it can get more out of its Formula One race cars from the new ways that it collects data on their performance.
Categories: Business

Alibaba Hires Google's Penner as Investor Relations Head

Wall Street Journal - 2 hours 6 min ago
Alibaba Group said Thursday that it hired Google veteran Jane Penner as the head of its investor-relations operations.
Categories: Business

U.S. Oil Exports Set Sail After Long Wait

Wall Street Journal - 2 hours 13 min ago
A tanker of oil from Texas has set sail for South Korea, the first unrestricted sale of unrefined American oil since the 1970s.
Categories: Business

Dodgers TV Weighs on Time Warner Cable

Wall Street Journal - 2 hours 42 min ago
Time Warner Cable said months-long standoff with other major pay-TV distributors over the Los Angeles Dodgers sports channel is likely to weigh on its financial results for the year, the cable operator said Thursday.
Categories: Business

Sony Cuts Phone-Sale Forecast

Wall Street Journal - 3 hours 8 min ago
Sony reported a surprise first-quarter profit but sharply cut its forecast for smartphone sales, dealing a blow to the Japanese electronics maker's recovery.
Categories: Business

LinkedIn's Revenue Keeps Climbing

Wall Street Journal - 3 hours 9 min ago
LinkedIn continued its steady revenue growth in the second quarter, posting strong gains from advertising, subscription services and its flagship recruiting business.
Categories: Business

Sanofi Forecasts Profit Spurt

Wall Street Journal - 4 hours 33 min ago
The French pharmaceutical group has raised its earnings outlook as it reported a jump in second-quarter profit on a strong showing by its biotech unit and stronger sales of diabetes treatments.
Categories: Business

Energy Firms Make Use of Tax Deferrals

Wall Street Journal - 4 hours 38 min ago
The U.S. energy boom is producing a little-noticed side effect: American oil and gas companies are paying less in federal income taxes, thanks to investment incentives that allow for billions of dollars in tax deferrals.
Categories: Business

For Coke in U.S., No Opportunity Too Small

Wall Street Journal - 4 hours 51 min ago
Coca-Cola can no longer lean on its foreign markets for reliable growth, which means it must turn around its U.S. business. That won't be easy, as Americans are drinking less soda.
Categories: Business
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