A judge is set to announce sentences on Tuesday for billionaire real-estate developer Thomas Kwok, Hong Kong’s former No. 2 official and two others convicted on corruption charges, in a trial that has riveted the city.
The winners and losers of Australian Prime Minister Tony Abbott’s call last year to become an “infrastructure prime minister” are becoming clearer after a raft of deal-making.
Express Scripts will make an AbbVie drug the exclusive option for patients with the most common form of hepatitis C. The move will help the drug maker take market share from Gilead, maker of Sovaldi.
Now that the U.S. is moving to normalize relations with Cuba, the countries will have to deal with claims, valued at over $7 billion, from firms whose property was nationalized.
Thousands of tank cars are likely to be idled because there aren’t enough shops to retrofit tank cars that carry flammable liquids in time to meet proposed federal guidelines, a railway trade group says.
UPS all year has been focused on one day above the rest: Monday Dec. 22, when it will deliver 34 million packages, more than any other in its history—putting a new high-tech sorting system to the test.
Dish Network Corp. is no longer carrying Fox News Channel or Fox Business Network after the parties couldn’t agree on terms of a new distribution pact.
Cubist Pharmaceuticals’ experimental antibiotic Zerbaxa has been approved by the U.S. Food and Drug Administration for treatment of certain urinary tract infections and intra-abdominal infections.
The FCC proposed new regulations on companies that provide subscription video services over the Internet, a move to give the companies access to more TV programming and allow them to compete with cable and satellite.
The National Labor Relations Board issued labor complaints that name McDonald’s Corp. as a “joint-employer” of workers at its franchisees, a win for unions.
Danish high-end consumer electronics company Bang & Olufsen has cut its earnings guidance for the current fiscal year, citing production ramp-up and supply-chain issues.
Caesars Entertainment plans to acquire affiliate Caesars Acquisition in a stock-for-stock merger, according to people familiar with the matter.
Midtier exploration and production companies live or die on oil prices as they don’t have side businesses like refining and processing to insulate them. Tullow Oil PLC is one of the ones currently suffering.
Documents purportedly show that the company’s chief executive and board of directors were made aware of an alleged bribery scheme as early as 2009.
Motorcycle riders between 55- and 64-years-old accounted for 16.3% of motorcycle crash deaths in 2013, up from 9.3% a decade earlier and less than 3% in the early 1990s, according to statistics from the U.S.
The Week Ahead: Walgreen, the largest U.S. drugstore chain, is going to find out if bigger means better, as it nears a shareholder vote on completing its planned merger with European counterpart Alliance Boots.
The mothballed refinery on St. Croix will stay closed after the U.S. Virgin Island’s Legislature voted overwhelmingly against letting a new owner take over the plant.
VirnetX and Microsoft have reached an agreement to settle a lawsuit over alleged patent violations related to Microsoft’s Skype unit.
Chrysler plans to replace driver-side air bag inflaters in 3.3 million vehicles, a move that significantly expands its response to Takata’s air bag problems.
Safeway and the owner of rival supermarket operator Albertons have agreed to sell 168 stores in a bid to gain merger approval from antitrust regulators.
Oil giant OAO Rosneft said it has paid back $7 billion of a bridge loan it had taken to acquire TNK-BP, the largest foreign debt repayment by a Russian company since Western sanctions were imposed.
Chinese private-equity firm Hopu Investment Management is among investors putting a total of just over $1 billion into Xiaomi in a deal valuing the smartphone maker at over $45 billion, according to a person familiar with the situation.
An FDA rebuke of televised comments made by Aegerion’s CEO—which led the company to air a TV commercial correcting the statements—was prompted by complaints from a government drug reviewer, according to emails viewed by The Wall Street Journal.
Ferrovial abandoned a takeover bid for Australia’s Transfield Services, a major setback in the Spanish construction company’s plan to compete for billions of dollars of new infrastructure projects Down Under.
The aborted release of “The Interview” has led to follow-up questions for Sony Pictures Entertainment, as the Hollywood studio’s outside attorney insisted the film “will be distributed.” The chief hurdle: how?
Latest in Middle Earth saga bests ‘Museum,’ ‘Annie’ with $56.2 million over the weekend.
Xiaomi is raising more than $1 billion in its latest round of funding, valuing the fast-growing Chinese smartphone maker at more than $45 billion, a person familiar with the matter said
The endangered Trump Taj Mahal in Atlantic City, N.J., is expected to remain open through the weekend while lawyers work to complete a $20 million lifeline from billionaire Carl Icahn.
The U.S. Food and Drug Administration approved the first drug to treat cases of ovarian cancer linked to specific genetic mutations.
Google Inc. sued Mississippi Attorney General Jim Hood on Friday, seeking to prevent him from enforcing a wide-ranging subpoena that has become entangled in a dispute between Google and Hollywood.