Line Decides Against IPO

Wall Street Journal - Mon, 09/22/2014 - 7:20pm
Line Corp., a Japan-based operator of a popular mobile messaging application, says it has decided not to go ahead with an initial public offering in Japan or overseas this year.
Categories: Business

Bed Bath & Beyond Looks Sleepy

Wall Street Journal - Mon, 09/22/2014 - 6:41pm
Ahead of the Tape: Shares of Bed Bath & Beyond are cheap and may get even cheaper when the home-furnishings retailer reports results Tuesday. But are they cheap enough?
Categories: Business

German Amazon Workers on Strike

Wall Street Journal - Mon, 09/22/2014 - 6:12pm
Workers at five German logistics centers walked out in a two-day strike to support demands for a collective wage agreement, the Verdi labor union said.
Categories: Business

RadioShack Supplier Declined to Help Rescue Effort

Wall Street Journal - Mon, 09/22/2014 - 6:01pm
Cash-strapped RadioShack said it tried but failed to convince a major supplier to help its finances by altering its terms, a setback as the struggling electronics retailer works to avoid a bankruptcy filing.
Categories: Business

McGraw Hill Financial Selling Construction Data Unit

Wall Street Journal - Mon, 09/22/2014 - 5:45pm
Private-equity firm Symphony Technology Group is buying the construction data unit of McGraw Hill Financial Inc. for $320 million in cash, McGraw Hill said on Monday evening.
Categories: Business

Energy Firms to Cut Methane Emissions

Wall Street Journal - Mon, 09/22/2014 - 5:44pm
Six international energy companies have agreed to work to reduce emissions of methane, a potent greenhouse gas, in partnership with more than a dozen national governments through a new United Nations framework.
Categories: Business

GM Ignition Switch Death Toll Rises to 21

Wall Street Journal - Mon, 09/22/2014 - 5:33pm
The death toll from a defect in older model General Motors small cars increased to 21 on Monday, and could go higher, according to a victims' compensation expert hired by the company.
Categories: Business

Omnicom Chief Financial Officer Steps Down

Wall Street Journal - Mon, 09/22/2014 - 5:11pm
Omnicom said Chief Financial Officer Randall Weisenburger has stepped down and its board has appointed Philip Angelastro to succeed his as CFO of the advertising company.
Categories: Business

Germany's Merck to Buy Sigma-Aldrich

Wall Street Journal - Mon, 09/22/2014 - 5:02pm
Germany's Merck is paying $17 billion to acquire Sigma-Aldrich, a U.S. supplier of laboratory testing materials, as Merck looks to reduce its reliance on finding blockbuster drugs.
Categories: Business

Hong Kong Tensions Build

Wall Street Journal - Mon, 09/22/2014 - 5:02pm
As students walked out of classes to demand more democracy in Hong Kong, a group of tycoons went north to Beijing to discuss their views on the city's political future.
Categories: Business

AgustaWestland Sues U.S. Government

Wall Street Journal - Mon, 09/22/2014 - 4:50pm
AgustaWestland North America has sued the U.S. government to block the Pentagon's proposed award of an $800 million helicopter deal to an arm of Airbus Group, alleging that the defense department violated its own rules for opening contracts to competition.
Categories: Business

Debate: Access to Experimential Drugs

Wall Street Journal - Mon, 09/22/2014 - 4:43pm
Join a debate on whether dying patients should have access to experimental drugs, featuirng bioethicist Art Caplan of NYU Langone Medical Center and hosted by Pharmalot's Ed Silverman Monday at 8 p.m. ET on Twitter@pharmalot. #pharmalotchat
Categories: Business

Siemens to Buy Dresser-Rand

Wall Street Journal - Mon, 09/22/2014 - 4:24pm
German engineering company Siemens agreed to buy U.S. oil-equipment maker Dresser-Rand Group for $6.4 billion.
Categories: Business

Rockefeller Fund to Shed Fossil-Fuel Investments

Wall Street Journal - Mon, 09/22/2014 - 3:58pm
The Rockefellers, whose family fortune sprung from oil, said Monday that their fund is working on a plan to divest itself of fossil-fuel interests.
Categories: Business

Canadian Pipeline Operator to Buy Western U.S. Natural Gas Pipe

Wall Street Journal - Mon, 09/22/2014 - 3:58pm
Canadian pipeline operator Veresen Inc. said Monday that it has reached a $1.43 billion agreement with Global Infrastructure Partners for that company's 50% stake in a Western U.S. natural gas pipeline.
Categories: Business

Adobe Acquires Aviary

Wall Street Journal - Mon, 09/22/2014 - 3:45pm
Adobe Systems said it acquired privately held Aviary, a deal that give it a developer of software development kits, or mobile SDKs, used to create mobile apps.
Categories: Business

AT&T-Chernin Venture to Buy Fullscreen Stake

Wall Street Journal - Mon, 09/22/2014 - 3:35pm
A joint venture of AT&T Inc. and media mogul Peter Chernin plans to buy a majority stake in Fullscreen, which produces shows and music distributed via YouTube, as the telecom giant deepens its involvement in online video.
Categories: Business

Daimler Makes India a Strategic Center

Wall Street Journal - Mon, 09/22/2014 - 2:35pm
Daimler is targeting emerging markets such as Africa and Southeast Asia with a line of stripped-down trucks produced in India.
Categories: Business

Will 'Gotham' Signal Change at Fox?

Wall Street Journal - Mon, 09/22/2014 - 2:18pm
Fox is coming off a season of few new hits and double-digit declines in viewers. Now, the network's plan is to first make a hit out of "Gotham" and then get more out of in-house programming.
Categories: Business

Air France Pilot Union Rejects Offer

Wall Street Journal - Mon, 09/22/2014 - 2:11pm
Air France-KLM made what it described as last-ditch concessions to the airline's main pilot union to end a week-long strike, but the union rejected the offer and extended the walkout.
Categories: Business
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