News Archive for March 3, 2015

  • What Manny Pacquiao’s Camp Is Afraid Of

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  • Dolce & Gabbana Signs SoHo Lease

    Italian luxury retailer Dolce & Gabbana will open another store in Manhattan, taking over all four levels of a building in the SoHo neighborhood, the property owner said on Tuesday.

  • Drought-Stricken São Paulo Battles Dengue Fever Outbreak

    SÃO PAULO, Brazil—Inhabitants of this megacity, suffering through the worst drought in decades, have unwittingly contributed to an outbreak of dengue fever by storing scarce water in open containers.

  • Sharp President to Ask Lenders for Fresh Financial Support

    TOKYO—Sharp Corp. President Kozo Takahashi plans to meet with the troubled electronics company's two main lenders on Thursday to ask for a new round of financial support, less than three years after its last bailout, according to people ...

  • Labour’s Miliband Struggles for Traction as U.K. Election Nears

    PLYMOUTH, England—For Ed Miliband, the head of the U.K.'s main opposition Labour Party, the southern part of this coastal city represents the kind of battleground he needs to win to oust David Cameron as Britain's prime minister in May's ...

  • In the NCAA, a Push to Reform Health Standards

    When the NCAA hired a neurologist two years ago to improve protocols for handling concussions, nobody foresaw that he would make a priority out of sudden cardiac death.

  • Top Pop: Doo-Wop’s New Stop

    A musical form that's been relegated to a distant backburner for most of the past five decades, doo-wop echoes in several contemporary hit recordings. Is it a sign of a revival? It may depend on how you define doo-wop.

  • Auto Makers Gear Up to Take on the Challenge From Google and Apple

    GENEVA—For those wondering whether old-school auto makers are up to the threat posed by emerging competitors Google Inc. and Apple Inc., look no further than Audi AG's R8.

  • Western Leaders Discuss Ukraine Crisis

    BERLIN—Germany warned of further sanctions against Russia in the event of renewed violence in Ukraine after Western leaders discussed the Ukraine crisis in a teleconference Tuesday.

  • Mourners Pay Their Respects to Slain Kremlin Critic Boris Nemtsov in Moscow

    MOSCOW—Mourners bearing candles and flowers joined government officials and business tycoons Tuesday to say farewell to Boris Nemtsov, the opposition leader gunned down near Red Square last week.

  • Reviews: ‘Gordon Parks: Segregation Story’ at the High Museum of Art and ‘Gordon Parks: Back to Fort Scott’ at the Museum of Fine Arts

    Atlanta and BostonWhile looking at the “Gordon Parks: Segregation Story" exhibition at the High Museum in Atlanta, I overheard an elderly white docent standing in front of a 1956 picture of a Dairy Queen in Mobile, Ala., explaining to a ...

  • Creative Real Estate

    LondonLord Frederic Leighton—a long-serving president of the Royal Academy of Arts, the first artist ever offered a Peerage of Great Britain, and a painter whose “Flaming June" is among the most iconic images of Victorian art—nevertheless ...

  • Best Buy Rewards Shareholders After Strong Holiday

    Best Buy Co. unveiled plans on Tuesday to buy back shares for the first time since 2012, as the electronics chain posted a better-than-expected profit in its holiday quarter.

  • Inflation in Developed Economies Halved in January, OECD Says

    The annual rate of inflation across the world's developed economies more than halved in January, reaching its lowest level since the recession that followed the global financial crisis.

  • Insurers’ Biggest Fear: A Health-Law Death Spiral

    As the Supreme Court hears arguments on Wednesday in the latest challenge to the Affordable Care Act, health insurers are struggling to prepare for a decision that could unravel the marketplaces created by the law.

  • South Korea Lawmakers Approve Anticorruption Law

    SEOUL—South Korea's legislature on Tuesday approved a new anti-corruption law designed to better tackle graft among government officials in a country where scandals over paid-for favors make frequent headline news.

  • Samsung Bets on Its Chips in Galaxy S6

    Samsung Electronics Co.'s new flagship Galaxy S6 smartphone is garnering attention for its curved screens and its metal-and-glass frame.But for the South Korean technology company's attempts to rebound from one of its worst years of profit ...

  • Truck Sales Plow Through February

    Poor weather weighed on U.S. auto sales in February, but did little to stem Americans' growing appetite for pricier trucks and sport-utility vehicles.

  • Pontiac GTO: Otherwise Known as ‘The Great One’

    John Nolan, 63, a vice president for a steel producer from Fort Wayne, Ind., on his 1964 Pontiac GTO.The GTO was arguably the first production muscle car. John DeLorean—who later started his own car company called DeLorean—was the chief ...

  • The Best Way to Back Up Your Computer

    There are two types of hard drives: those about to fail, and those that will fail eventually. Plan accordingly.I learned this in my great photo catastrophe of 2012. On vacation in Italy with a fancy-pants camera, I saved gigabytes and ...

  • Micro-Grocers Revive the Corner Store, Cater to Food-Obsessed Urbanites

    Jenny Kendler recently went to check out Plenty Grocery & Deli, a small grocery store that had just opened in her Chicago neighborhood of Wicker Park. A clipboard near the cash register invited customers to write in product requests.

  • Bristow Takes a Tilt on New Choppers

    ...

  • NBC News Bringing in New Leadership, After High-Profile Stumbles

    NBC News is bringing in new leadership after several high-profile stumbles, according to a senior executive familiar with the situation.Andrew Lack, a former president of NBC News, is in advanced talks to take a senior role in the division, ...

  • BlackBerry to Launch Four New Devices in 2015

    BARCELONA—BlackBerry Ltd. said Tuesday a new touch-screen phone will be one of four devices it launches this year, as it bolsters its turnaround effort-—which is geared to selling mobile security software to enterprises—with new devices ...

  • Iraqi Troops Battle Islamic State for Control of Tikrit

    BAGHDAD—Improvised explosives hampered efforts on day two of a major Iraqi offensive to reclaim the strategic city of Tikrit from Islamic State militants on Tuesday, an operation seen as a litmus test for Iraq's ability to work with ...

  • The Artist Who Creates at 30,000 Feet

    Nina Katchadourian is an artist fascinated with boredom, especially recent research that suggests boredom can spark creative thinking. Her own inspiration came while zoning out on a plane.

  • Mets Welcome Former Major Leaguer to Camp as Gay Advocate

    PORT ST. LUCIE, Fla.—The story of Glenn Burke, the first major-league player ever to publicly come out as gay, haunts Sandy Alderson to this day.

  • The Next Marketing Frontier: Your Medical Records

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  • When We Leave One Religion for Another

    Many people change faiths, but not like Brad and Chad Jones.Identical twins, the brothers grew up in Elkin, N.C., a small town in the Bible Belt, the only children of devout Baptists. As boys, they attended the First Baptist Church of ...

  • NBCU Plans Subscription Comedy Video Service

    Comcast Corp.'s NBCUniversal is aiming to launch a comedy-focused subscription Web video service later this year, people familiar with the plans say, signaling the company's growing interest in reaching young viewers online as its ...

  • Build Your Own Cloud! Hard Drives Get a Second Life

    My life has become a series of low-storage warnings.My laptop scolds me that it's out of free space; my smartphone refuses to let me take another photo. It's 2015, and where are all the darn terabytes I was promised?

  • South Korea Looks to Telemedicine for Economic Cure

    SEUNGBONG ISLAND, South Korea—For Kim Do-sim, a 68-year-old resident of this tiny island off South Korea's west coast, seeing a doctor used to involve a two-hour ferry ride to the mainland or a weekslong wait for visits from medical staff. ...

  • Björk at Noon, and Bacharach in New Jersey

    Björk Carnegie Hall 881 Seventh Ave., (212) 247-7800 Saturday To the list of peculiar ventures made endearing by Björk, add another: staging a concert at Carnegie Hall at noon. The Icelandic pop artist's sound isn't the kind typically ...

  • Helen Mirren Goes Full Circle

    Helen Mirren opens this weekend at the Schoenfeld Theater in “The Audience," Peter Morgan's play in which she plays Queen Elizabeth II. But years ago—back in 1995 actually—she made her Broadway debut for the Roundabout Theatre Company in a ...

  • Voters Want Congress to Take Action if Health-Law Tax Credits Are Voided

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  • On Track or at Sea

    YIWU, China—The wholesale markets for cheap knickknacks in this trading hub a few hours from Shanghai have prospered by sending their goods across the oceans.

  • Ex-CIA Director Petraeus to Plead Guilty to Misdemeanor Over Mishandling Classified Information

    WASHINGTON—David Petraeus, the former director of the Central Intelligence Agency and a retired military general, agreed to plead guilty to a misdemeanor charge of mishandling classified information in exchange for a prosecutor's ...

  • GameStop Raises Annual Dividend by 9%

    GameStop Corp., which said in February it is taking over some RadioShack Corp. stores, is raising its annual dividend by 9%.The Grapevine, Texas, videogame retailer will pay $1.44 a share, up from the current $1.32 a share. It will pay a ...

  • Australian Dollar Strengthened Ahead of RBA Rate Decision

    The Australian dollar strengthened sharply against the U.S. dollar on Tuesday, just seconds before Australia's central bank surprised some investors by holding rates steady.

  • Exchanges in Asia Seek to Counter China Stock Tie-Up

    Exchanges in Japan, Singapore and Taiwan are exploring new connections in an effort to drive up volumes, a few months after the coupling of the Shanghai and Hong Kong stock exchanges claimed the top spot as Asia's biggest single market.

  • Superrich Hunt for Trophies in London Property Market

    LONDON—Buying trophy commercial properties in London has been getting more competitive because of a new group of investors: the global superrich.

  • Denmark Intervenes in Currency Market in a Big Way

    Denmark's central bank bought a record amount of foreign currency last month in a bid to protect the krone's peg to the euro, underscoring the fallout from the European Central Bank's efforts to boost economic growth.

  • Ferguson Police, Courts Accused of Racial Bias by Justice Department Probe

    WASHINGTON—Police in Ferguson, Mo., routinely violated the civil rights of the city's black residents, a Justice Department probe has concluded.

  • Apple Investors Better Buckle Up

    The wild card is the autonomous car. If you believe a self-driving car is just around the corner, then pending is the sort of disruptive moment in the auto market that might well open the door to an Apple or Google. One leak says Apple ...

  • Citi’s Holdings Strategy Wins a Hand

    Citigroup's sale of OneMain Financial shows that patience can pay.OneMain Financial is part of Citi Holdings, the division created in 2009 to house assets and businesses the bank planned to sell or wind down in the wake of its near-death, ...

  • Federal Agents Raid Alleged ‘Maternity Tourism’ Businesses Catering to Chinese

    LOS ANGELES—Federal agents Tuesday executed search warrants at several Southern California sites they say are connected to three multimillion-dollar birth-tourism businesses that enabled thousands of Chinese women to travel here and return ...

  • Fernando Alonso to Skip Australian Grand Prix After Practice Crash

    Fernando Alonso will miss a Formula One Grand Prix for the first time in almost a decade when he sits out the season opener in Australia this month on the advice of his doctors. Alonso spent three days in the hospital following a Feb. 22 ...

  • Target to Cut Several Thousand Jobs

    Target Corp. plans to lay off several thousand employees as Chief Executive Brian Cornell looks to get the retailer back on track and shoppers back in its stores.

  • Dos Santos Tries to Foil Caixabank’s Takeover Bid for Banco BPI

    LISBON—Isabel dos Santos, Africa's wealthiest woman and the second-largest shareholder of Portugal's Banco BPI SA, suggested the lender consider a merger with Banco Comercial Português SA rather than accept last month's takeover offer by ...

  • Labour’s Miliband Struggles for Traction as U.K. Election Nears

    PLYMOUTH, England—For Ed Miliband, the head of the U.K.'s main opposition Labour Party, the southern part of this coastal city represents the kind of battleground he needs to win to oust David Cameron as Britain's prime minister in May's ...

  • Out Through the Inbox

    The House Select Committee on Benghazi has made a blockbuster discovery, though how it bears on the Obama administration's effort to paper over the 2012 terrorist attack is as yet unclear. As the New York Times reports today, it turns out ...

  • J.P. Morgan, Justice Department Reach $50 Million Robo-Signing Settlement

    A J.P. Morgan Chase & Co. unit struck a $50 million deal with regulators who accused the bank of filing “robo-signed" mortgage documents to bankruptcy courts across the country.

  • Pro-Growth, Pro-Family Tax Reform

    Six years after the Great Recession officially ended, most Americans can sense that the U.S. economy is still operating below its full potential. Far too many Americans remain unemployed, underemployed or stuck in jobs with stagnant wages ...

  • Investors Balk at Buyout Deals for Specialty Retailers

    Two recently abandoned corporate buyouts signal that investors and lenders are growing increasingly wary of specialty retailers.Sycamore Partners, a private-equity firm that often invests in struggling retail brands, in January walked away ...

  • Barclays’s Two Banks Are Still Poles Apart

    Barclays likes to present a tale of two banks—a better performing core business held back by a lingering bad bank.Skillful management—of the bank and of its slide deck—shows healthy core businesses in its 2014 results behind the clutter of ...

  • Drought-Stricken São Paulo Battles Dengue Fever Outbreak

    SÃO PAULO, Brazil—Inhabitants of this megacity, suffering through the worst drought in decades, have unwittingly contributed to an outbreak of dengue fever by storing scarce water in open containers.

  • Barclays Posts Loss as Foreign-Exchange Provisions Rise

    LONDON—Barclays PLC on Tuesday raised its provision for potential foreign-exchange settlements to £1.25 billion ($1.92 billion), leading it to report a full-year net loss, but said an effort to shrink and restructure its business is ...

  • Outflows Slow to $8.6 Billion at Pimco’s Total Return Fund

    Investors pulled roughly $8.6 billion from Pacific Investment Management Co.'s flagship Total Return fund in February, the lowest amount of monthly withdrawals since the abrupt departure last fallof star manager Bill Gross.

  • NYC’s Last Classical Sheet Music Store to Close

    Frank Music Company has supplied classical sheet music to generations of instrumentalists, singers and composers.On Friday, the retail store will close its doors for good, succumbing to dwindling sales.

  • Bank of China Seizes Control of London’s Grosvenor House

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  • DuPont Rejects Trian Request to Use Universal Ballot in Director Vote

    In a fight for its board with an activist investor, DuPont & Co. isn't looking to experiment with the rules.The chemical company rejected a request from Nelson Peltz and his firm, Trian Fund Management LP, to use what is known as a ...

  • In the NCAA, a Push to Reform Health Standards

    When the NCAA hired a neurologist two years ago to improve protocols for handling concussions, nobody foresaw that he would make a priority out of sudden cardiac death.

  • Google Wants to Make Wireless Airwaves Less Exclusive, Cheaper

    Google Inc. wants to make the wireless industry less exclusive by facilitating the use of cheap airwaves to lower the barriers to entry, a top executive said Tuesday.

  • Germany’s Retail Therapy -- Overheard

    “With low inflation, you can buy more stuff," European Central Bank President Mario Draghi famously said in June 2013. Germany appears to have taken him at his word.

  • Photos: A Roundup of Wild Horses Out West

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  • Brookfield, Qatar Fund Take Control of London’s Canary Wharf

    The investors behind one of the biggest real-estate deals in U.K. history are preparing to reach much deeper into their pockets.Qatar's state investment fund and Canadian firm Brookfield Property Partners LP are in the final stages of ...

  • The Fragility of the Global Financial Order

    The U.S. Treasury has, over the past decade, been at the forefront of waging economic warfare against rogue actors. President Barack Obama has used sanctions to combat Iran's nuclear program, punish Russian aggression against Ukraine, ...

  • Investors Bet London Crossrail Revitalizes Dowdy End of Oxford Street

    The dowdy, down-on-its heels end of London's otherwise tony Oxford Street could soon get a new lease on life with the arrival of a commuter rail line.

  • Brazilian Court Upholds Removal of Judge From Eike Batista Trial

    SÃO PAULO—An appeals court on Tuesday upheld a decision to remove the judge presiding over the trial of Brazilian businessman Eike Batista, throwing out many of the judge's rulings, according to a spokeswoman for the court in Rio de ...

  • FDA Warns on Drugs to Treat Low Testosterone Levels in Men

    The Food and Drug Administration cautioned men not to use so-called Low-T products for low testosterone due to aging and required makers of the drugs to warn patients about possible increased risk of heart attack and stroke.

  • Australia Orders Chinese Company to Sell Sydney Mansion

    SYDNEY—The Australian government ordered the sale of a Sydney waterfront mansion it alleges was illegally bought by Chinese investors last year, opening a new front in its battle to curb the flow of foreign money contributing to rising home ...

  • How Blondie Created ‘Heart of Glass’

    Up until 1978, Blondie was a punk band with a cult following and not much visibility in the U.S. beyond New York's Lower East Side. Eager for a hit album, Chrysalis, the band's label, paired Blondie with Michael Chapman, an inventive ...

  • Low-Budget Motel 6 Gets In on Lodging Growth Boom

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  • Asian Morning Briefing: U.S. Stocks Retreat

    MARKETS AT A GLANCE(Data as of approximately 5 p.m. ET) LAST CHANGE % CHG DJIA 18203.37 -85.26 -0.47% Nasdaq ...

  • Ford May Yet Get a Spring Break

    Ford Motor wasn't the only auto maker on Tuesday to announce disappointing sales for last month. But its miss—with sales falling 1.9%, year over year, versus a forecast increase of 5.2%—was glaring. Asked on a conference call if snowstorms ...

  • Glencore’s Limited Freedom of Movement

    It's tough to come out swinging with one hand tied behind your back.Glencore is a company that would like to take advantage of opportunities created by the commodity price slump. Witness the trader-cum-miner's decision to scoop up trading ...

  • Iran Dismisses Israeli Leader’s Address to Congress

    TEHRAN—Iranian officials denounced Israeli Prime Minister Benjamin Netanyahu's speech to Congress on Tuesday as repetitive and deceitful in its description of Iran's intentions.

  • Oil Prices Settle Higher

    Oil prices rose Tuesday after Saudi Arabia raised the official prices for its oil, suggesting that demand is firm.U.S. oil for April delivery settled up 93 cents, or 1.9%, at $50.52 a barrel on the New York Mercantile Exchange.

  • U.S. Stocks Retreat After Nasdaq’s Climb Above 5000

    U.S. stocks fell Tuesday, retreating from Monday gains that pushed the Nasdaq Composite above 5000 for the first time in nearly 15 years and sent other indexes to fresh records.

  • TiVo Reports Higher Subscriptions, Profits

    TiVo Inc. said its profit surged in the fourth quarter as the pioneering TV-recording company continued to expand its customer base through more distribution deals with cable and satellite companies.

  • BlackRock Toughens Stance on Boards

    BlackRock Inc., the world's largest asset manager, is taking aim at U.S. corporate directors like it never has before.In newly revised voting guidelines, BlackRock for the first time signaled it may oppose board members' re-election over ...

  • Sugar, Coffee and Orange Juice Slide on Weaker Brazilian Real

    NEW YORK—Sugar, coffee and orange-juice futures tumbled Tuesday as a weak Brazilian currency encouraged growers and exporters there to sell the commodities onto already oversupplied global markets.

  • Netanyahu Urges U.S. Congress to Block Iran Nuclear Pact

    Israeli Prime Minister Benjamin Netanyahu said an emerging deal would ensure that Iran would get a nuclear weapon. (Agence France-Presse/Getty Images)

  • Smith & Wesson Boosts Annual Guidance

    Smith & Wesson Holding Corp. again boosted its annual guidance as the company on Tuesday reported better-than-expected firearms sales for the quarter ended January, in a further sign that demand for consumer handguns is returning to ...

  • Cowboys Pay a Hefty Price for Tony Romo, Dez Bryant

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  • Bob Evans Farms Opts Not to Spin Off Prepared Food Business

    Bob Evans Farms Inc. said Tuesday that it won't pursue a sale or spinoff of its foods unit and it has hired J.P. Morgan to advise on strategic options for its real estate.

  • England a World Cup Flop Again

    In a tournament that is already provided plenty of surprises and pushed expectations of run-scoring to new levels, it's reassuring when one thing at the Cricket World Cup remains reliably the same: England is pretty much dreadful.

  • What Could Be More Fun Than a 3-Mile Race in a Dark Cave

    CRYSTAL CITY, Mo.— Zach Waske went through his pre-race routine, tightening his running shoes, scratching his beard and doing calisthenics.Also, he adjusted his headlamp.

  • Vitamin Shoppe Names Colin Watts CEO

    Vitamin Shoppe Inc. said former Weight Watchers International Inc. and Walgreen Co. executive Colin Watts will become chief executive of the nutritional-products seller.

  • Slow Start for Asia Investment-Banking Revenue

    Investment-banking revenue in the Asia-Pacific region has gotten off to its slowest start in six years, set back by a drought in initial public offerings and a slump in mergers and loans.

  • German Officials Propose New Immigration Rules to Lure Skilled Workers

    BERLIN—German officials unveiled a proposal to overhaul the country's immigration system to lure more skilled workers at a time of rising migration.

  • Trinity Mirror’s Journalists Hacked Voice Mails on Large Scale, Lawyer Tells U.K. Court

    LONDON—Journalists at newspapers owned by Trinity Mirror PLC intercepted mobile-phone voice-mail messages on an “industrial scale," a U.K. court was told Tuesday.

  • Turkish Lira Keeps Sliding on Rate-Cut Worries

    ISTANBUL—Turkey's lira fell to a record low Tuesday, fueled by concerns that the central bank may keep cutting interest rates under pressure from the government, despite a pickup in inflation.

  • Geffen Checks Out in California

    Hollywood studio mogul David Geffen has sold the Malibu Beach Inn at a price of about $1.7 million per room, the highest valuation by this measure for any California hotel.

  • Photos of the Day: March 3

    A Sri Lankan vendor waits to sell peanuts in Colombo on Tuesday.A widow in Vrindavan, India, takes part in the Holi festival, which is celebrated by throwing colored powder to commemorate the beginning of spring. Widows don't usually ...

  • New York’s Deep Freeze Heats Up Some Businesses

    When restaurant owner Yanni Koumoulos wants to predict how many delivery orders he will receive, he takes out his iPhone and asks Siri for the weather report.

  • Bell Helicopter Announces Deals

    Bell Helicopter on Tuesday announced deals that could lead to the sale of more than 200 aircraft, helping to counter the weakness in a market hit by the slowdown in work from the oil and gas industry.

  • To Kill a Health-Care Law

    WASHINGTON—Attorney Michael Carvin on Wednesday will for the second time argue against the health-care law at the Supreme Court, hoping to do what opponents couldn't do in 2012: cripple President Barack Obama's signature domestic ...

  • Hillary Clinton’s Personal Email Use Came Before Recent Rule Changes

    WASHINGTON—Federal laws and regulations on preserving government records only recently have begun to catch up with how U.S. officials communicate, a fact highlighted by the public stir over Hillary Clinton's private email use as secretary ...

  • Broadway’s ‘Beautiful’ Gets a New Carole King

    The facade of the New York's Stephen Sondheim theater is still plastered in posters of Jessie Mueller, the actress who won a Tony award last yearfor her portrayal of Carole King in the Broadway musical “Beautiful: the Carole King Musical." ...

  • Best Buy Sends a Message -- Overheard

    No matter how they're doing, retailers are going to say their future isn't in doubt. Best Buy is putting its money where its mouth is.Reporting quarterly results Tuesday, the big-box consumer-electronics seller said it would buy back shares ...

  • Sweet Briar College to Close Amid Pressure on Small Schools

    Sweet Briar College, a tiny women's college at the foothills of the Blue Ridge Mountains in Virginia, announced Tuesday that it would close its doors in August, citing “insurmountable financial challenges."

  • Gold Slips as Traders Brace for Central-Bank Moves

    Gold prices slipped on Tuesday as some investors moved to the sidelines ahead of monetary-policy decisions around the world.The most actively traded contract, for April delivery, fell $3.80, or 0.3%, to settle at $1,204.40 a troy ounce on ...

  • Corrections & Amplifications

    A photograph accompanying a Jan. 28 In Depth article about a covert U.S. mission to arm rebels in Syria showed fighters driving a personnel carrier. The caption incorrectly described it as a tank.

  • U.S. Government Bonds Fall

    A flurry of new corporate bond issuance on Tuesday sapped demand for ultrasafe U.S. government debt, pushing bond prices down for a second straight day.

  • Finally: Sunlight in the Office Cubicle

    It is hard to top the sun as a light source for houses and office buildings. Natural light is free, and people tend to like it.The trouble is that sunlight can cast glare on computer screens and roast people sitting near windows. If they ...

  • Canada’s BCE Reaches Pension Risk Deal With Sun Life

    Canadian communications company BCE Inc. is taking further steps to strip risk out of its pension obligationsby striking a multibillion-dollar deal to transfer what it calls “longevity risk" to insurer Sun Life Financial Inc.

  • Strike Forces Norwegian Air to Cancel Scandinavian Flights

    STOCKHOLM—Airline Norwegian Air Shuttle said late Tuesday it will cancel all domestic flights in Norway, Sweden and Denmark starting Wednesday because of a widening pilots' strike.

  • Jurors in Boston Marathon Bombing Trial Selected

    BOSTON—After a painstaking two-month selection process, a federal judge empaneled a jury Tuesday in the trial of accused Boston Marathon bomber Dzhokhar Tsarnaev, which is expected to begin with opening statements Wednesday morning.

  • Fiat Chrysler May Sell More of Ferrari in IPO Sale

    GENEVA—Fiat Chrysler Automobiles NV may decide to sell more than the originally planned 10% of Ferrari in the initial public sale slated for later in the year to meet strong demand from investors.

  • Dollar Slips Ahead of U.S. Employment Data

    The dollar fell against the yen and the euro Tuesday as investors turned cautious ahead of the week's U.S. employment data, which could shift the market's forecast for higher interest rates.

  • NuVasive: Court Overturns $102 Million Award to Medtronic

    NuVasive Inc. said a federal appeals court panel overturned a roughly $102 million jury award to medical device maker Medtronic PLC in a long-running patent infringement dispute.

  • Copper Prices Drop Ahead of Policy Meeting in China

    Copper prices fell 1.5% Tuesday, posting their biggest daily drop in a month as some investors locked in gains ahead of a key meeting of China's policy makers.

  • Boehner Plans Vote on Homeland Security Funding Bill

    WASHINGTON—House Speaker John Boehner (R., Ohio) said he would bring up a bill to fund the Homeland Security Department this week, under a motion to be made as soon as Tuesday, according to lawmakers leaving a Tuesday GOP caucus.

  • Greater New York Watch

    Mayor Criticizes GOP On Homeland SecurityMayor Bill de Blasio accused House Republicans on Monday of putting New York City in jeopardy by threatening a partial shutdown of the U.S. Department of Homeland Security, calling the city the top ...

  • An Art Project on a Plane

    The Artist Who Creates at 30,000 FeetArtist Nina Katchadourian lays out prints from her "Seat Assignment" project at her studio in Brooklyn in February. Ms. Katchadourian is also a faculty member at New York University's Gallatin School.

  • Expectations Fade for Second Consecutive Canadian Rate Cut

    OTTAWA—Expectations for the Canadian central bank to deliver a second consecutive interest-rate cut as “insurance" against falling oil prices have largely faded after recent comments from Bank of Canada Governor Stephen Poloz.

  • SanDisk Targets Price Barrier With New Storage System

    Some companies store corporate data in devices built with fast, reliable chips called flash memory rather than disk drives, typically paying more for higher performance. SanDisk Corp. hopes to modify that equation.

  • French President François Hollande to Visit Cuba

    PARIS—French President François Hollande will travel to Cuba in May, the first visit by a French president to the country.Mr. Hollande will be in Cuba on May 11, while he is on a four-day trip to the region, where he will also visit some ...

  • What Manny Pacquiao’s Camp Is Afraid Of

    Put this on the long list of tactics that underdog Manny Pacquiao must be wary of when he faces undefeated Floyd Mayweather Jr.: trash-talking.

  • Debbie Harry and Blondie

    How Blondie, a Punk Band, Created ‘Heart of Glass'Raised in Hawthorne, N.J., Debbie Harry moved to New York in the early 1970s, where she co-founded a series of punk bands, including Blondie. Here, Ms. Harry looks back on New Jersey from ...

  • Google’s Eric Schmidt Meets EU’s New Antitrust Chief

    BRUSSELS—Google Inc.'s Executive Chairman Eric Schmidt travelled to Brussels on Monday to meet the European Union's new antitrust chief, ahead of a key decision on where to take the bloc's long-running investigation into the U.S. search ...

  • American Eagle Energy Skips Interest Payment

    American Eagle Energy Corp. didn't make a $9.8 million payment to bondholders due Monday, as the oil-and-gas company considers its current liquidity situation.

  • Big Canada Pension Fund Invests in Deimos Asset Hedge Fund

    TORONTO—One of Canada's biggest pension funds is investing in Deimos Asset Management LLC, a new hedge fund spearheaded by a group that includes the former co-head of Royal Bank of Canada's capital markets division.

  • NXP Semiconductor Bets $12 Billion on Smarter Cars

    The race to build smarter cars is prompting another race—to supply the chips that make those vehicles clever.NXP Semiconductor Inc. stepped on the gas on Monday, agreeing to buy Texas-based Freescale Semiconductor Inc. in a cash-and-stock ...

  • Google: Tech, Telecom Must Work Together

    BARCELONA—At a private meeting with top European telecommunications firms in December, a Google Inc. envoy made a surprising pitch: let's bury the hatchet.

  • Volcano Erupts in Southern Chile, Thousands Evacuated

    The Villarrica volcano in southern Chile, which erupted early Tuesday, has “calmed somewhat," but the government will remain on alert for further activity, Chile's President Michelle Bachelet said.

  • Fall 2015 Highlights from Milan: Gucci, Pucci, Versace, Dolce & Gabbana

    MilanIt's been many, many years since Gucci had people parsing a new collection for days, puzzling what it signaled and how it might connect with shoppers.

  • Bracing for Bond Volatility as Rates Set to Rise

    With higher interest rates looming, wealth managers are advising clients to brace for increased volatility and to stick with long- and short-term bonds.

  • U.S. Watch

    Former Sen. Danforth Says ‘Politics Has Gone Hideously Wrong' in Eulogy for Former AuditorFormer U.S. Sen. John Danforth, (R., Mo.) said Tuesday that “politics has gone so hideously wrong," and implicitly blamed that tone for Missouri ...

  • Hong Kong Airlines in Talks to Sell Stake to Investor

    Hong Kong Airlines International Holdings Ltd. is in talks to sell a stake in itself to a strategic investor, people with knowledge of the deal said on Tuesday, delaying the short-haul carrier's plans to list in Hong Kong in the coming ...

  • Frontier CEO ‘Sister’ Wilderotter Steps Aside

    Frontier Communications Corp. said Tuesday that Chief Executive Maggie Wilderotter—whose sister, Denise Morrison, is the current CEO of Campbell Soup Co.—will transition to an executive chairman role next month.

  • European Stocks Close Lower

    European stocks closed lower Tuesday, as investors favored a cautious approach ahead of a European Central Bank monetary policy meeting this week.

  • Corrections & Amplifications

    The name of the Johns Hopkins Berman Institute of Bioethics was incorrectly given as the Johns Hopkins Berman Institute of Ethics in an In Depth article Tuesday about parents' decisions to enroll their ill children in drug trials.

  • Springleaf Agrees to $4.25 Billion Deal for Citigroup’s OneMain

    Lender Springleaf Holdings Inc. said Tuesday that it has agreed to buy Citigroup Inc.'s OneMain Financial for about $4.25 billion in cash, a purchase that will create a U.S. subprime giant.

  • Sharp President to Ask Lenders for Fresh Financial Support

    TOKYO—Sharp Corp. President Kozo Takahashi plans to meet with the troubled electronics company's two main lenders on Thursday to ask for a new round of financial support, less than three years after its last bailout, according to people ...

  • Dolce & Gabbana Signs SoHo Lease

    Italian luxury retailer Dolce & Gabbana has signed a lease for a three-story building in Manhattan's SoHo neighborhood, the property owner said on Tuesday.

  • Former Rhode Island House Speaker Fox Agrees to Plead Guilty to Accepting Bribe

    ...

  • Libyan Oil Production Jumps Despite New Attacks on Fields

    Libyan oil production has jumped in recent days despite fresh attacks on fields and an air raid near a terminal, a top official said Tuesday.

  • Chinese Land Reclamation Pushes Boundaries

    Dramatic new satellite imagery demonstrating China's efforts to reclaim land and construct facilities in the South China Sea has prompted concern among policy makers in Washington. This is as it should be—at stake is more than just a ...

  • European Officials Say They Were Blocked From Boris Nemtsov Funeral in Moscow

    Two European officials planning to attend the funeral of opposition leader Boris Nemtsov said Tuesday they were blacklisted from entering Russia, amid increasing animosity between the Kremlin and the European Union.

  • Nobel Committee Replaces Chairman Thorbjørn Jagland With Kaci Kullmann Five

    OSLO—The Norwegian Nobel Committee, which decides who is awarded the prestigious Nobel Peace Prize, on Tuesday replaced its chairman, Thorbjørn Jagland, whose tenure has been marked by controversy.

  • Scotiabank Increases Dividend, Reports Earnings Rise

    Bank of Nova Scotia raised its dividend on Tuesday and reported a 1% increase in its fiscal first-quarter earnings, capping off what has largely been a quarter of sturdy profitsfor Canada's biggest lenders.

  • Greek Prosecutors Propose Terms for Release of Golden Dawn Leaders

    ATHENS—Greek prosecutors have recommended the terms under which the leader of the far-right Golden Dawn party will be released from prison later this month pending trial on charges of participating in and directing a criminal organization, ...

  • Voices: Leisa Peterson, on Gauging Your Clients’ True Needs

    Voices is an occasional column that allows wealth managers to address issues of interest to the advisory community. Leisa Peterson is founder of WealthClinic in Truckee, Calif.

  • Ben Carson Creates Committee to Explore Presidential Bid

    ...

  • Comedian Chris Elliott on His Quirky Homes

    Actor/comedian Chris Elliott, 54, has appeared in more than 30 films, including “Cabin Boy," “There's Something About Mary" and “Groundhog Day." He currently is in the Pop TV sitcom “Schitt's Creek" and the film “The Rewrite." He spoke to ...

  • Many Syrians Have Been Displaced Multiple Times

    When Fatima Abu Maghara fled the horrors of Aleppo eight months ago, she never imagined she would return so soon to the same destruction she and her children had tried to escape.

  • Multiple Choice: Men’s Fashion for Spring

    WSJ. Magazine March 2015 Men's FashionTIME TO IMPRESS | Take the plunge and wear a stainless-steel diving watch. Clockwise from top left: Omega Seamaster 300 Master Co-Axial, $6,600, Omega boutiques nationwide, Patek Philippe Nautilus ...

  • Men’s Fashion: New Takes on Old Classics

    WSJ. Magazine March 2015 Men's Fashion1. THE SCARF | Wrap up in an oversize, fringed version. Saint Laurent by Hedi Slimane wool scarf, $595, ysl.com

  • Hillary Clinton Used Personal Email Account for State Department Business

    Hillary Clinton conducted official business from a personal email account in her four years as secretary of state rather than use a government account, the State Department said Monday night.

  • Egypt Open to Gas Exports From Israel, Oil Minister Says

    Egypt would take the controversial step of importing gas from Israel if the price was right and if one of the gas companies involved drops legal action against the Egyptian government, the North African country's oil minister said.

  • Executing the Concepts of Artist Sol LeWitt: A Lesson in Critical Thinking for New York City Teens

    The High School of Fashion Industries in Chelsea is known for the sprawling Ernest Fiene mural in its auditorium depicting the rise of organized labor in the garment industry.

  • Navistar Narrows Loss on Cost-Cutting Initiatives, Higher Demand

    Navistar International Corp. on Tuesday said cost reductions and improving sales of its medium-duty trucks and school buses helped the company narrow its loss in the January quarter.

  • Canada’s Economy Expands at Faster-than-Expected Pace

    OTTAWA—Canada's gross domestic product rose at a faster-than-expected clip in the fourth quarter, suggesting the economy held up relatively well even as prices for oil—one of Canada's main exports—were sliding.

  • Islamic State Claims Suicide Attack on Iraqi Soldiers

    BAGHDAD—Islamic State claimed Tuesday that an American suicide bomber attacked Iraqi forces attempting to retake the city of Tikrit from the extremist group.

  • African Nations Say Tide Has Turned Against Ebola

    BRUSSELS—Leaders of the three most heavily Ebola-stricken African nations said Tuesday the tide had turned against the epidemic, with weekly infections falling roughly from 1,000 to 100, but warned against declaring victory prematurely.

  • Patrick Harker Tabbed as New Philadelphia Fed President

    University of Delaware President Patrick Harker will become the new leader of the Federal Reserve Bank of Philadelphia starting July 1, joining central-bank officials who will be debating and deciding interest-rate policy in coming years.

  • Hungary Makes $14 Billion Power Plant Expansion Secret

    BUDAPEST—Hungary's parliament on Tuesday passed a law to classify for 30 years all data and contracts related to the planned €12.5 billion euro ($14 billion) expansion of the Paks nuclear power plant by Russia.

  • More New Jersey Students Opt Out of Tests

    As New Jersey schools began administering new online state exams on Monday, a few affluent communities reported large numbers of students opting out.

  • AirAsia Recovery Team Takes One-Week Break

    JAKARTA, Indonesia—Indonesia's search-and-rescue agency started a one-week break from searching for the remaining bodies of passengers aboard AirAsia Flight 8501, which crashed into the Java Sea on Dec. 28.

  • Air Berlin to Launch Turnaround Plan

    BERLIN—Air Berlin PLC, Germany's second largest airline, is embarking on another turnaround plan as its new chief executive seeks a return to operational profitability in 2016.

  • Fake Orders Brush Up Online Sales in China

    When Harry, a Chinese entrepreneur based in the eastern city of Wenzhou, set up a women's shoes store online last year, he soon began receiving unsolicited calls on his mobile. Unfortunately, they weren't from customers, he said, but from ...

  • Before Key Speech, Netanyahu Hails U.S. Ties

    WASHINGTON—American and Israeli leaders publicly traded words of admiration Monday, but tensions surrounding U.S. talks with Iran over its nuclear program mounted on the eve of Prime Minister Benjamin Netanyahu's speech to Congress, where ...

  • Sonic Youth’s Kim Gordon on Neil Young’s ‘Out of My Mind’

    Artist-musician Kim Gordon, 61, was a founding member of Sonic Youth. She is author of the memoir “Girl in a Band" (Dey Street). She spoke to Marc Myers.

  • American Realty Capital Shares Rise After Probe Results Released

    The results of an internal investigation into accounting irregularities at American Realty Capital Properties Inc. came as a relief to shareholders, as the troubled real-estate investment trust reported a clean bill of health for its ...

  • Slain Kremlin Critic Boris Nemtsov Is Buried in Moscow

    Thousands of people follow the coffin of Boris Nemtsov during a farewell ceremony at the Andrei Sakharov Museum and Public Center in Moscow Tuesday. The charismatic Russian opposition leader and sharp critic of President Vladimir Putin was ...

  • Pontiac’s GTO: Why It Was ‘The Great One’

    John Nolan, 63, a vice president with Steel Dynamics, with his 1964 Pontiac GTO, at his home in Fort Wayne, Ind. Mr. Nolan fell in love with GTOs the year the car made its debut in 1964.

  • Goldman Sachs Cuts Singapore Investment Banking Team by a Third

    SINGAPORE—Goldman Sachs Group Inc. has cut its Singapore investment-banking team by about a third since the start of the year, leading to the departure of 10 to 12 bankers, a person familiar with the matter said Tuesday.

  • Nasdaq Parties Likes It’s 2000, but More Sedately

    The Nasdaq Composite Index broke through 5000, returning to a level it hadn't seen in nearly 15 years and moving within range of a record for the first time since the Internet stock bubble.

  • Brazilian Real Weakens Amid Concern About Economy

    SÃO PAULO—The Brazilian real reached its weakest level against the dollar in more than 10 years Tuesday amid concern the country's political and economic situation is growing worse.

  • Delta Air Revenue Metric Falls in February on Forex

    Delta Air Lines Inc. said its consolidated passenger unit revenue—a key measure of performance for the airline sector—fell 1.5% in February as foreign exchange effects pressure its international performance.

  • Anadarko Sees Lower 2015 Capital Spending, Rig Activity

    Anadarko Petroleum Corp. projected capital spending for 2015 of roughly $5.4 billion to $5.8 billion, about a third lower than last year's level.

  • The Dog Days of Winter

    While the greater New York area endures a cold and snowy winter, some small businesses are benefiting from the bad weather. Fido Fitness Club in Woodmere, N.Y., offers canine clients the opportunity to avoid the cold and romp in an indoor ...

  • Lukoil Hurt by Falling Oil Price

    MOSCOW—Russia's second-biggest oil producer, Lukoil Holdings, said Tuesday that 2014 net profit fell almost 40% to $4.7 billion as it battled plunging oil prices, a weak ruble and high inflation.

  • Glencore Returns to Profit, Increases Dividend

    Commodities trading came to the rescue of Glencore PLC last year, helping offset a sharp downturn in raw-material prices that hit the group's mining operations hard, leaving profit down by 7% before acquisition-related and other charges.

  • Stryker Board Approves $2 Billion of Planned Stock Buybacks

    Stryker Corp. said its board approved the repurchase of an additional $2 billion of the medical-device maker's shares.The new authorization brings the Kalamazoo, Mich.-based company's stock-buyback program to a total of roughly $2.58 ...

  • Milan Fashion Week Highlights: Armani and Dsquared2

    Highlights from Milan's Fashion Week.1. Armani: In His Own StyleGiorgio Armani, at 80, drilled down into the traditions that made him, well, Giorgio Armani: a gray, green and light blue palette alternated with good-for-all-seasons black. ...

  • Kate Spade Gives Downbeat Guidance as Margins Remain Pressured

    Kate Spade & Co. said Tuesday that revenue rose more than expected, though it offered downbeat sales guidance as it pointed to a planned pullback in promotions and the impact of foreign-currency exchange rates on its business in Japan.

  • Austria Sells Bonds at Negative Yield

    Austria Tuesday joined a handful of European countries that have sold five-year government bonds at a negative yield at an auction, reflecting low and falling borrowing costs across the euro area ahead of the start of the European Central ...

  • Oh-So Dunkable Raspberry Financiers

    THE SPIRULINA POWER SMOOTHIE wasn't always the treat of choice for bankers on the go looking for a quick energy hit. A century ago, they would head to a little bakery around the corner from the Paris stock exchange to buy small buttery ...

  • Dick’s Sporting Goods Earnings Rise on Better Marketing

    Dick's Sporting Goods Inc. said more aggressive marketing in the January quarter helped offset the continued decline of its golf segment and led to better-than-expected earnings and an upbeat full-year guidance.

  • India’s Future Retail Projects 25% Revenue Growth for Next Year

    MUMBAI—Future Retail (India) Ltd., one of India's largest retailers, expects revenues to grow as much as 25% over the next year as more Indians shop at its stores.

  • The Rat Race to Advertise on Alibaba’s Marketplaces

    For the millions of vendors on Alibaba Group Holdings Ltd.'s Taobao and Tmall marketplaces, getting your products seen by browsing customers is one of the most important—and difficult—parts of running an online shop.

  • Germany’s Merck Cautious After Deal Spree

    FRANKFURT—Germany's Merck KGaA forecasts little or no improvement in earnings this year after a slight drop in fourth-quarter net profit, with stiff competition for its blockbuster multiple-sclerosis treatment and higher research spending ...

  • Caixabank Plans to Quadruple Profitability Measure by 2018

    BARCELONA—Caixabank SA on Tuesday said it plans to quadruple a key measure of profitability during the next four years by clamping down on costs and boosting revenue amid Spain's modest economic recovery.

  • Indonesia Nearly Ready to Execute Nine Foreign Drug Smugglers

    JAKARTA, Indonesia—Indonesia is nearly ready to execute by firing squad nine foreigners and an Indonesian condemned to death for drug smuggling, as diplomatic squabbles continue.

  • AutoZone Earnings Rise on Increased Inventory

    AutoZone Inc. said Tuesday that increased inventory and new store openings drove it to better-than-expected results in the February quarter.

  • Will Japan Get Invite to China’s WWII Parade

    BEIJING—China formally announced that it is planning to mark the 70th anniversary of the end of World War II with a military parade. The question is: Will it invite Japan?

  • The 10-Point. A personal, guided tour to the best scoops and stories every day in The Wall Street Journal, from Editor in Chief Gerard Baker.

    Good morning,Lend Me Your EarsToday Israeli Prime Minister Benjamin Netanyahu will urge U.S. lawmakers to thwart President Barack Obama's top foreign-policy initiative: a potential nuclear deal with Iran. As world powers resumed talks with ...

  • Alibaba’s Jack Ma Promises ‘Full Cooperation’ with Taiwan Government

    TAIPEI—Alibaba Group Holding Ltd. Chairman Jack Ma said Tuesday the Chinese e-commerce giant will fully cooperate with Taiwanese government, which has asked the company to withdraw from the market on concern of its Chinese ownership.

  • Sweden Seeks to Drop Budget Surplus Target

    STOCKHOLM—Sweden's government on Tuesday said it wants to drop a long-standing budget surplus target to give it greater flexibility for future investments in infrastructure projects.

  • Hong Kong Shares Edge Toward Seven-Year High

    HONG KONG—After spending months in the shadow of mainland Chinese stocks, Hong Kong shares are shining again.A 4.7% rise so far this year through Tuesday's close is taking the benchmark Hang Seng Index toward a nearly seven-year high. The ...

  • Royal Dutch Shell Offers Scrip Dividend

    Royal Dutch Shell PLC on Tuesday gave shareholders the option of receiving a dividend via company stock, known as a scrip dividend, a move that other large oil companies have made as cash dries up during a period of low oil prices.

  • Australia Central Bank Holds Rates

    ...

  • GOP Options Narrow on Homeland Security Funding

    WASHINGTON—Senate Democrats rejected on Monday a GOP bid to open negotiations on competing House and Senate versions of legislation to fund the Department of Homeland Security, leaving Republicans with dwindling options in their attempts to ...

  • Switzerland, Australia to Share Tax Information

    ZURICH—Switzerland and Australia agreed to begin automatic exchange of tax information on each other's citizens, as the Alpine country seeks to distance itself from its reputation as a haven for undeclared offshore assets.

  • China’s Debt Fix Could Be a Drag

    A year ago China's Premier Li Keqiang promised to “defuse" the country's debt situation, implying it was a bomb ready to go off. This delicate operation looks ready to blow back on the economy.

  • Costco Names Citi, Visa as New Credit Partners

    Citigroup Inc. and Visa Inc. won the sought-after credit-card contract for Costco Wholesale Corp., in a move that will significantly expand the kind of plastic that is accepted at the warehouse giant.

  • Noble Founder Elman Buys More Shares

    SINGAPORE—Shares in Noble Group Ltd. jumped nearly 6% Tuesday after the embattled trading company said late Monday its chairman Richard Elman had increased his holding in the group he co-founded.

  • China Shares Fall as Growth Worries Weigh

    China's shares fell Tuesday as worries about a slowing economy trumped enthusiasm for the central bank's latest interest-rate cut, while the Australian dollar climbed against the U.S. dollar after the Australian central bank stood pat on ...

  • Hedge Funds Failing to Meet Investor Expectations, Report Finds

    Hedge funds are failing to live up to their investors' expectations.A survey from Deutsche Bank's Global Prime Finance unit, published on Tuesday, showed two-thirds of responding investors said hedge funds they invested in didn't produce ...

  • Kaisa Proposes Restructuring Onshore Debt

    Troubled Chinese property developer Kaisa Group Holdings Ltd. is seeking to restructure 47.97 billion yuan ($7.65 billion) of onshore debt by extending payment terms and reducing interest payments.

  • Australia’s Abbott Drops Health-Care Fee Plan

    CANBERRA, Australia—Australian Prime Minister Tony Abbott on Tuesday dropped plans to introduce an unpopular patient co-payment fee to offset rising costs in the nation's health-care system.

  • Nasdaq Composite Ends Above 5000 for First Time Since Dot-Com Era

    The Nasdaq Composite climbed above the 5000-point level for the first time in almost 15 years, another milestone in the revival of an index that once was synonymous with dot-com excess but now reflects a broad swath of global technology, ...

  • German Retail Sales Accelerate in January

    FRANKFURT—German retail sales rose much faster than expected in January as consumer spending remains a strong contributor to growth in Europe's largest economy.

  • Business Watch

    GENERAL MOTORSFive Settlement Offers On Ignitions RejectedFive people who brought injury claims to General Motors Co.'s compensation fund as a result of defective ignition switches have rejected settlement offers, likely paving the way for ...

  • Get Creative at Your Desk With a Little Playtime

    Playing with a geometric puzzle or stress ball at your desk can seem like idle diversion. It may also spark clearer or more creative thinking.

  • Execution of Woman in Georgia State Postponed After Problem With Drug

    JACKSON, Georgia—The U.S. state of Georgia postponed its first execution of a woman in 70 years late Monday, as officials cited problems with the lone drug that would have been used for the lethal injection.

  • Taiwan Says Agreement Reached in China Flight Path Dispute

    TAIPEI—Taiwan and China have reached an agreement over disputed new commercial flight paths following months of negotiations, according to Taiwanese officials.

  • Giants Place Franchise Tag on Jason Pierre-Paul

    The Giants settled one of their top priorities for the 2015 season on Monday by placing the so-called “franchise" tag on veteran defensive end Jason Pierre-Paul, while also extending their time-frame for signing him to a long-term contract.

  • Nets Back in Brooklyn With New Look

    The Nets' 110-108 shocking upset of the Golden State Warriors marked the second time in a month the team pulled out a dramatic win over an elite, Western Conference team on a pull-up jumper from guard Jarrett Jack.

  • Lottery for New York City Marathon Will Take More Runners

    ...

  • NHL Trade Deadline Yields Playoff Pieces for Rangers, Islanders

    Rangers general manager Glen Sather had no deals to announce after the NHL trading deadline passed at 3 p.m. Monday, other than to mention he'd reached an agreement with Mats Zuccarello, the energetic forward and fan favorite, on a ...

  • Billionaire Mikhail Fridman Launches New Energy Empire

    LONDON—Russian billionaire Mikhail Fridman began building an international energy company on Monday, closing a €5.1 billion ($5.7 billion) purchase of German utility RWE AG's oil-and-gas business over British opposition that could force the ...

  • View of the High Wire—From Below

    Small confession: I dropped the ball. Or to be more accurate, I forgot that I'd committed to a tightrope-walking lesson last Tuesday afternoon with the Danguir Troupe, the high-wire act of Ringling Bros. and Barnum & Bailey.

  • Credits & Debits

    Hershey Co., based in Hershey, Pa., named Patricia Little finance chief, effective March 16. Ms. Little fills the CFO role left vacant by David Tacka, who retired from the candy maker at the end of 2014. She is CFO of Troy, Mich.-based ...

  • Australia to Send More Troops to Train Iraqi Military

    CANBERRA, Australia—Australia will send around 300 additional troops to Iraq to help train local security forces fighting Islamic State militants, Prime Minister Tony Abbott said Tuesday.

  • Best Buy Services President Christopher Askew to Depart

    Best Buy Co. services President Christopher Askew is leaving the company after less than two years leading the chain's Geek Squad brand, according to a company memo.

  • Corrections & Amplifications

    The name of the Johns Hopkins Berman Institute of Bioethics was incorrectly given as the Johns Hopkins Berman Institute of Ethics in a Page One article Mondayabout parents' decisions to enroll their ill children in drug ...

  • India’s Failure to Cut Import Duty on Gold Hurts Prices

    India's decision to maintain an import duty on gold surprised investors, dealing a fresh blow to a metal that has been hit hard this year by a strengthening U.S. dollar and a series of policy shifts around the globe.

  • Fatal L.A. Police Shooting Will Test Body-Camera Use

    A Los Angeles police shooting of an unarmed homeless man may serve as an early test of how video from officer-worn cameras affects the investigation and public perception of such deadly encounters.

  • Prince William Visits Asia: Photos

    Prince William, Duke of Cambridge gave a speech at the GREAT Festival of Creativity on Monday in Shanghai. Prince William is on a four-day visit to China. He is the most senior royal to visit China since the Queen and Duke of Edinburgh in ...

  • Gentile Is Underdog in Staten Island Race

    The last Brooklyn Democrat to make a run for the Staten Island congressional seat lost by more than 12 percentage points to a man under federal indictment for tax fraud.

  • North Korea Reopens to Foreign Tourists After Ebola Travel Ban

    SEOUL—North Korea has reopened its doors to foreign tourists, tour operators said, ending a travel ban aimed at keeping the isolated state free of the Ebola virus.

  • Accused Plotter Says He Wanted Bride, Not Bomb

    A Pakistani man accused of being part of an al Qaeda conspiracy to bomb targets in England, Denmark and New York City said Monday he was an innocent man “just living his life" and “chasing women on the Internet."

  • Muay Thai Workout: A Punch, a Kick and a Knee to De-Stress

    Punishing workouts centered around the sharp punches and swift kicks of Muay Thai boxing keep stress levels in check, says Marcus Antebi, chief executive of Juice Press, a chain of juice bars.

  • Maduro Gives U.S. Two Weeks to Cut Venezuela Embassy Staff

    CARACAS, Venezuela—President Nicolás Maduro, accusing the Obama administration of plotting against him, on Monday told the U.S. it has two weeks to cut its embassy staff from about 100 to 17, leaving just a barebones team in this capital.

  • Target Revamps Groceries for Millennials

    Target Corp. plans to lean on Greek yogurt, bagged coffee, and craft beers in an effort to make its grocery aisles feel less like Wal-Mart Stores Inc. and to attract younger shoppers.

  • Connecticut Republicans Search for a Way to Win

    Almost four months after their candidate's stinging loss in the governor's race, Connecticut Republicans are trying to figure out how to be winners again.

  • Overheard: Samsung Edges Away From Google

    Samsung may want to distance itself from Google, but the feeling hardly seems mutual. The search giant's continuing reliance on the smartphone maker to promulgate its Android operating system was evident in a speech Monday by Sundar Pichai, ...

  • The Yankees’ Workhorse This Spring Training Is ‘The Machine’

    TAMPA, Fla.—The glee on Yankee bullpen coach Gary Tuck's face was unmistakable, as he fed one ball after another into the pitching machine and watched his young catchers dive for the bouncing balls. Every once in a while, there was a ...

  • Russia’s Missile Gambit

    From deep in a world of wishful thinking, the White House's press secretary, Josh Earnest, said on Friday that the Obama administration is hopeful of holding together “the unanimity of support" it is getting from countries described as a ...

  • Companies Drag Feet on Updating Fraud Safeguards

    Corporate safeguards to prevent financial errors and fraud are like armor: unpolished they rust, and by then it's too late.The most widely followed standards for these safeguards—or internal controls—were updated more than a year and a half ...

  • Genworth Finds Material Weakness

    Insurer Genworth Financial Inc. said it didn't have adequate controls in place and failed to identify a $44 million calculation error as it implemented changes to its methodologies as part of a review of its long-term-care claim reserves.

  • An Off-Ramp From ObamaCare

    Editor's note: The following was written by Republicans John Kline, Paul Ryan and Fred Upton, chairmen, respectively, of the House committees on Education and Workforce, Ways and Means, and Energy and Commerce.

  • The Big Number

    $830BLoans outstanding on junk-rated borrowers' balance sheetsCorporate borrowers with big financing needs are finding it a little harder to get bank loans.

  • Athabasca Oil Receives Payment From PetroChina Canadian Unit

    CALGARY—Athabasca Oil Corp. on Monday said it received the first of three payments owed to it by one of China's largest state-run energy companies, part of a deal announced last summer to complete the sale of a Canadian oil-sands project.

  • IRS Confirms Illegal Immigrant Tax-Refund Ruling, Sparking GOP Outcry

    WASHINGTON—The Internal Revenue Service on Monday confirmed it would allow illegal immigrants benefiting from President Barack Obama's recent executive action to file for tax refunds for prior years, fueling an outcry from Republicans.

  • The Plain Text of ObamaCare

    The Obama Administration's abuse of executive power—dispensing with its duty to faithfully execute statutes to become a law maker unto itself—has become the most consequential dispute across the three branches of government. The Supreme ...

  • Republican Crony Capitalism

    Most voters may think of Democrats as the party that forces expensive environmental rules on an unsuspecting public. But as New Yorkers suffer through another cold winter, they're getting worried that Republicans could soon increase the ...

  • The Constitution and the Gerrymander

    The big test for a legal originalist comes when the Constitution's plain text contradicts one's policy preferences. So it was Monday at the Supreme Court for those of us who dislike partisan gerrymandering to rig elections. This is a tough ...

  • Notable & Quotable: Devin Nunes

    A statement from Rep. Devin Nunes (R., Calif.) on Feb. 28 after a bill to fund the Department of Homeland Security failed to advance in the House the day before:

  • In What Way Is Iran a Reliable Negotiating Partner

    I was one of the Air Force's B-1 pilot representatives for the verification of the START treaties with the former Soviet Union during my 14 years in the military. In those years I learned much about implementing a credible national-security ...

  • The Mumbo-Jumbo of ‘Middle-Class Economics’

    In the “Economic Report of the President" released on Feb. 19, the White House's Council of Economic Advisers defines “middle class economics" primarily by the average income of the bottom 90%. “Average income for the bottom 90 percent of ...

  • What’s News—

    Business & Finance*** Big U.S. tech firms are mounting a charm offensive in Europe amid continued sparring with their telecom peers over everything from communications apps to the cost of building new networks. ...

  • What’s News—

    Business & Finance***Marks & Spencer is changing its growth strategy in China, culling stores around Shanghai while planning to set up shop in Beijing and Guangzhou later this year.

  • Multiple Choice: Men’s Fashion for Spring

    WSJ. Magazine March 2015 Men's FashionTIME TO IMPRESS | Take the plunge and wear a stainless-steel diving watch. Clockwise from top left: Omega Seamaster 300 Master Co-Axial, $6,600, Omega boutiques nationwide, Patek Philippe Nautilus ...

  • Men’s Fashion: New Takes on Old Classics

    WSJ. Magazine March 2015 Men's Fashion1. THE SCARF | Wrap up in an oversize, fringed version. Saint Laurent by Hedi Slimane wool scarf, $595, ysl.com

  • Hillary Clinton Used Personal Email Account for State Department Business

    Hillary Clinton conducted official business from a personal email account in her four years as secretary of state rather than use a government account, the State Department said Monday night.

  • Egypt Open to Gas Exports From Israel, Oil Minister Says

    Egypt would take the controversial step of importing gas from Israel if the price was right and if one of the gas companies involved drops legal action against the Egyptian government, the North African country's oil minister said.

  • Executing the Concepts of Artist Sol LeWitt: A Lesson in Critical Thinking for New York City Teens

    The High School of Fashion Industries in Chelsea is known for the sprawling Ernest Fiene mural in its auditorium depicting the rise of organized labor in the garment industry.

  • Navistar Narrows Loss on Cost-Cutting Initiatives, Higher Demand

    Navistar International Corp. on Tuesday said cost reductions and improving sales of its medium-duty trucks and school buses helped the company narrow its loss in the January quarter.

  • Canada’s Economy Expands at Faster-than-Expected Pace

    OTTAWA—Canada's gross domestic product rose at a faster-than-expected clip in the fourth quarter, suggesting the economy held up relatively well even as prices for oil—one of Canada's main exports—were sliding.

  • Islamic State Claims Suicide Attack on Iraqi Soldiers

    BAGHDAD—Islamic State claimed Tuesday that an American suicide bomber attacked Iraqi forces attempting to retake the city of Tikrit from the extremist group.

  • African Nations Say Tide Has Turned Against Ebola

    BRUSSELS—Leaders of the three most heavily Ebola-stricken African nations said Tuesday the tide had turned against the epidemic, with weekly infections falling roughly from 1,000 to 100, but warned against declaring victory prematurely.

  • Patrick Harker Tabbed as New Philadelphia Fed President

    University of Delaware President Patrick Harker will become the new leader of the Federal Reserve Bank of Philadelphia starting July 1, joining central-bank officials who will be debating and deciding interest-rate policy in coming years.

  • Hungary Makes $14 Billion Power Plant Expansion Secret

    BUDAPEST—Hungary's parliament on Tuesday passed a law to classify for 30 years all data and contracts related to the planned €12.5 billion euro ($14 billion) expansion of the Paks nuclear power plant by Russia.

  • More New Jersey Students Opt Out of Tests

    As New Jersey schools began administering new online state exams on Monday, a few affluent communities reported large numbers of students opting out.

  • AirAsia Recovery Team Takes One-Week Break

    JAKARTA, Indonesia—Indonesia's search-and-rescue agency started a one-week break from searching for the remaining bodies of passengers aboard AirAsia Flight 8501, which crashed into the Java Sea on Dec. 28.

  • Air Berlin to Launch Turnaround Plan

    BERLIN—Air Berlin PLC, Germany's second largest airline, is embarking on another turnaround plan as its new chief executive seeks a return to operational profitability in 2016.

  • Fake Orders Brush Up Online Sales in China

    When Harry, a Chinese entrepreneur based in the eastern city of Wenzhou, set up a women's shoes store online last year, he soon began receiving unsolicited calls on his mobile. Unfortunately, they weren't from customers, he said, but from ...

  • Before Key Speech, Netanyahu Hails U.S. Ties

    WASHINGTON—American and Israeli leaders publicly traded words of admiration Monday, but tensions surrounding U.S. talks with Iran over its nuclear program mounted on the eve of Prime Minister Benjamin Netanyahu's speech to Congress, where ...

  • Sonic Youth’s Kim Gordon on Neil Young’s ‘Out of My Mind’

    Artist-musician Kim Gordon, 61, was a founding member of Sonic Youth. She is author of the memoir “Girl in a Band" (Dey Street). She spoke to Marc Myers.

  • American Realty Capital Shares Rise After Probe Results Released

    The results of an internal investigation into accounting irregularities at American Realty Capital Properties Inc. came as a relief to shareholders, as the troubled real-estate investment trust reported a clean bill of health for its ...

  • Slain Kremlin Critic Boris Nemtsov Is Buried in Moscow

    Thousands of people follow the coffin of Boris Nemtsov during a farewell ceremony at the Andrei Sakharov Museum and Public Center in Moscow Tuesday. The charismatic Russian opposition leader and sharp critic of President Vladimir Putin was ...

  • Pontiac’s GTO: Why It Was ‘The Great One’

    John Nolan, 63, a vice president with Steel Dynamics, with his 1964 Pontiac GTO, at his home in Fort Wayne, Ind. Mr. Nolan fell in love with GTOs the year the car made its debut in 1964.

  • Goldman Sachs Cuts Singapore Investment Banking Team by a Third

    SINGAPORE—Goldman Sachs Group Inc. has cut its Singapore investment-banking team by about a third since the start of the year, leading to the departure of 10 to 12 bankers, a person familiar with the matter said Tuesday.

  • Nasdaq Parties Likes It’s 2000, but More Sedately

    The Nasdaq Composite Index broke through 5000, returning to a level it hadn't seen in nearly 15 years and moving within range of a record for the first time since the Internet stock bubble.

  • Brazilian Real Weakens Amid Concern About Economy

    SÃO PAULO—The Brazilian real reached its weakest level against the dollar in more than 10 years Tuesday amid concern the country's political and economic situation is growing worse.

  • Delta Air Revenue Metric Falls in February on Forex

    Delta Air Lines Inc. said its consolidated passenger unit revenue—a key measure of performance for the airline sector—fell 1.5% in February as foreign exchange effects pressure its international performance.

  • Anadarko Sees Lower 2015 Capital Spending, Rig Activity

    Anadarko Petroleum Corp. projected capital spending for 2015 of roughly $5.4 billion to $5.8 billion, about a third lower than last year's level.

  • The Dog Days of Winter

    While the greater New York area endures a cold and snowy winter, some small businesses are benefiting from the bad weather. Fido Fitness Club in Woodmere, N.Y., offers canine clients the opportunity to avoid the cold and romp in an indoor ...

  • Lukoil Hurt by Falling Oil Price

    MOSCOW—Russia's second-biggest oil producer, Lukoil Holdings, said Tuesday that 2014 net profit fell almost 40% to $4.7 billion as it battled plunging oil prices, a weak ruble and high inflation.

  • Glencore Returns to Profit, Increases Dividend

    Commodities trading came to the rescue of Glencore PLC last year, helping offset a sharp downturn in raw-material prices that hit the group's mining operations hard, leaving profit down by 7% before acquisition-related and other charges.

  • Stryker Board Approves $2 Billion of Planned Stock Buybacks

    Stryker Corp. said its board approved the repurchase of an additional $2 billion of the medical-device maker's shares.The new authorization brings the Kalamazoo, Mich.-based company's stock-buyback program to a total of roughly $2.58 ...

  • Milan Fashion Week Highlights: Armani and Dsquared2

    Highlights from Milan's Fashion Week.1. Armani: In His Own StyleGiorgio Armani, at 80, drilled down into the traditions that made him, well, Giorgio Armani: a gray, green and light blue palette alternated with good-for-all-seasons black. ...

  • Kate Spade Gives Downbeat Guidance as Margins Remain Pressured

    Kate Spade & Co. said Tuesday that revenue rose more than expected, though it offered downbeat sales guidance as it pointed to a planned pullback in promotions and the impact of foreign-currency exchange rates on its business in Japan.

  • Austria Sells Bonds at Negative Yield

    Austria Tuesday joined a handful of European countries that have sold five-year government bonds at a negative yield at an auction, reflecting low and falling borrowing costs across the euro area ahead of the start of the European Central ...

  • Oh-So Dunkable Raspberry Financiers

    THE SPIRULINA POWER SMOOTHIE wasn't always the treat of choice for bankers on the go looking for a quick energy hit. A century ago, they would head to a little bakery around the corner from the Paris stock exchange to buy small buttery ...

  • Dick’s Sporting Goods Earnings Rise on Better Marketing

    Dick's Sporting Goods Inc. said more aggressive marketing in the January quarter helped offset the continued decline of its golf segment and led to better-than-expected earnings and an upbeat full-year guidance.

  • India’s Future Retail Projects 25% Revenue Growth for Next Year

    MUMBAI—Future Retail (India) Ltd., one of India's largest retailers, expects revenues to grow as much as 25% over the next year as more Indians shop at its stores.

  • The Rat Race to Advertise on Alibaba’s Marketplaces

    For the millions of vendors on Alibaba Group Holdings Ltd.'s Taobao and Tmall marketplaces, getting your products seen by browsing customers is one of the most important—and difficult—parts of running an online shop.

  • Germany’s Merck Cautious After Deal Spree

    FRANKFURT—Germany's Merck KGaA forecasts little or no improvement in earnings this year after a slight drop in fourth-quarter net profit, with stiff competition for its blockbuster multiple-sclerosis treatment and higher research spending ...

  • Caixabank Plans to Quadruple Profitability Measure by 2018

    BARCELONA—Caixabank SA on Tuesday said it plans to quadruple a key measure of profitability during the next four years by clamping down on costs and boosting revenue amid Spain's modest economic recovery.

  • Indonesia Nearly Ready to Execute Nine Foreign Drug Smugglers

    JAKARTA, Indonesia—Indonesia is nearly ready to execute by firing squad nine foreigners and an Indonesian condemned to death for drug smuggling, as diplomatic squabbles continue.

  • AutoZone Earnings Rise on Increased Inventory

    AutoZone Inc. said Tuesday that increased inventory and new store openings drove it to better-than-expected results in the February quarter.

  • Will Japan Get Invite to China’s WWII Parade

    BEIJING—China formally announced that it is planning to mark the 70th anniversary of the end of World War II with a military parade. The question is: Will it invite Japan?

  • The 10-Point. A personal, guided tour to the best scoops and stories every day in The Wall Street Journal, from Editor in Chief Gerard Baker.

    Good morning,Lend Me Your EarsToday Israeli Prime Minister Benjamin Netanyahu will urge U.S. lawmakers to thwart President Barack Obama's top foreign-policy initiative: a potential nuclear deal with Iran. As world powers resumed talks with ...

  • Alibaba’s Jack Ma Promises ‘Full Cooperation’ with Taiwan Government

    TAIPEI—Alibaba Group Holding Ltd. Chairman Jack Ma said Tuesday the Chinese e-commerce giant will fully cooperate with Taiwanese government, which has asked the company to withdraw from the market on concern of its Chinese ownership.

  • Sweden Seeks to Drop Budget Surplus Target

    STOCKHOLM—Sweden's government on Tuesday said it wants to drop a long-standing budget surplus target to give it greater flexibility for future investments in infrastructure projects.

  • Hong Kong Shares Edge Toward Seven-Year High

    HONG KONG—After spending months in the shadow of mainland Chinese stocks, Hong Kong shares are shining again.A 4.7% rise so far this year through Tuesday's close is taking the benchmark Hang Seng Index toward a nearly seven-year high. The ...

  • Royal Dutch Shell Offers Scrip Dividend

    Royal Dutch Shell PLC on Tuesday gave shareholders the option of receiving a dividend via company stock, known as a scrip dividend, a move that other large oil companies have made as cash dries up during a period of low oil prices.

  • Australia Central Bank Holds Rates

    ...

  • GOP Options Narrow on Homeland Security Funding

    WASHINGTON—Senate Democrats rejected on Monday a GOP bid to open negotiations on competing House and Senate versions of legislation to fund the Department of Homeland Security, leaving Republicans with dwindling options in their attempts to ...

  • Switzerland, Australia to Share Tax Information

    ZURICH—Switzerland and Australia agreed to begin automatic exchange of tax information on each other's citizens, as the Alpine country seeks to distance itself from its reputation as a haven for undeclared offshore assets.

  • China’s Debt Fix Could Be a Drag

    A year ago China's Premier Li Keqiang promised to “defuse" the country's debt situation, implying it was a bomb ready to go off. This delicate operation looks ready to blow back on the economy.

  • Costco Names Citi, Visa as New Credit Partners

    Citigroup Inc. and Visa Inc. won the sought-after credit-card contract for Costco Wholesale Corp., in a move that will significantly expand the kind of plastic that is accepted at the warehouse giant.

  • Noble Founder Elman Buys More Shares

    SINGAPORE—Shares in Noble Group Ltd. jumped nearly 6% Tuesday after the embattled trading company said late Monday its chairman Richard Elman had increased his holding in the group he co-founded.

  • China Shares Fall as Growth Worries Weigh

    China's shares fell Tuesday as worries about a slowing economy trumped enthusiasm for the central bank's latest interest-rate cut, while the Australian dollar climbed against the U.S. dollar after the Australian central bank stood pat on ...

  • Hedge Funds Failing to Meet Investor Expectations, Report Finds

    Hedge funds are failing to live up to their investors' expectations.A survey from Deutsche Bank's Global Prime Finance unit, published on Tuesday, showed two-thirds of responding investors said hedge funds they invested in didn't produce ...

  • Kaisa Proposes Restructuring Onshore Debt

    Troubled Chinese property developer Kaisa Group Holdings Ltd. is seeking to restructure 47.97 billion yuan ($7.65 billion) of onshore debt by extending payment terms and reducing interest payments.

  • Australia’s Abbott Drops Health-Care Fee Plan

    CANBERRA, Australia—Australian Prime Minister Tony Abbott on Tuesday dropped plans to introduce an unpopular patient co-payment fee to offset rising costs in the nation's health-care system.

  • Nasdaq Composite Ends Above 5000 for First Time Since Dot-Com Era

    The Nasdaq Composite climbed above the 5000-point level for the first time in almost 15 years, another milestone in the revival of an index that once was synonymous with dot-com excess but now reflects a broad swath of global technology, ...

  • German Retail Sales Accelerate in January

    FRANKFURT—German retail sales rose much faster than expected in January as consumer spending remains a strong contributor to growth in Europe's largest economy.

  • Business Watch

    GENERAL MOTORSFive Settlement Offers On Ignitions RejectedFive people who brought injury claims to General Motors Co.'s compensation fund as a result of defective ignition switches have rejected settlement offers, likely paving the way for ...

  • Get Creative at Your Desk With a Little Playtime

    Playing with a geometric puzzle or stress ball at your desk can seem like idle diversion. It may also spark clearer or more creative thinking.

  • Execution of Woman in Georgia State Postponed After Problem With Drug

    JACKSON, Georgia—The U.S. state of Georgia postponed its first execution of a woman in 70 years late Monday, as officials cited problems with the lone drug that would have been used for the lethal injection.

  • Taiwan Says Agreement Reached in China Flight Path Dispute

    TAIPEI—Taiwan and China have reached an agreement over disputed new commercial flight paths following months of negotiations, according to Taiwanese officials.

  • Giants Place Franchise Tag on Jason Pierre-Paul

    The Giants settled one of their top priorities for the 2015 season on Monday by placing the so-called “franchise" tag on veteran defensive end Jason Pierre-Paul, while also extending their time-frame for signing him to a long-term contract.

  • Nets Back in Brooklyn With New Look

    The Nets' 110-108 shocking upset of the Golden State Warriors marked the second time in a month the team pulled out a dramatic win over an elite, Western Conference team on a pull-up jumper from guard Jarrett Jack.

  • Lottery for New York City Marathon Will Take More Runners

    ...

  • NHL Trade Deadline Yields Playoff Pieces for Rangers, Islanders

    Rangers general manager Glen Sather had no deals to announce after the NHL trading deadline passed at 3 p.m. Monday, other than to mention he'd reached an agreement with Mats Zuccarello, the energetic forward and fan favorite, on a ...

  • Billionaire Mikhail Fridman Launches New Energy Empire

    LONDON—Russian billionaire Mikhail Fridman began building an international energy company on Monday, closing a €5.1 billion ($5.7 billion) purchase of German utility RWE AG's oil-and-gas business over British opposition that could force the ...

  • View of the High Wire—From Below

    Small confession: I dropped the ball. Or to be more accurate, I forgot that I'd committed to a tightrope-walking lesson last Tuesday afternoon with the Danguir Troupe, the high-wire act of Ringling Bros. and Barnum & Bailey.

  • Credits & Debits

    Hershey Co., based in Hershey, Pa., named Patricia Little finance chief, effective March 16. Ms. Little fills the CFO role left vacant by David Tacka, who retired from the candy maker at the end of 2014. She is CFO of Troy, Mich.-based ...

  • Australia to Send More Troops to Train Iraqi Military

    CANBERRA, Australia—Australia will send around 300 additional troops to Iraq to help train local security forces fighting Islamic State militants, Prime Minister Tony Abbott said Tuesday.

  • Best Buy Services President Christopher Askew to Depart

    Best Buy Co. services President Christopher Askew is leaving the company after less than two years leading the chain's Geek Squad brand, according to a company memo.

  • Corrections & Amplifications

    The name of the Johns Hopkins Berman Institute of Bioethics was incorrectly given as the Johns Hopkins Berman Institute of Ethics in a Page One article Mondayabout parents' decisions to enroll their ill children in drug ...

  • India’s Failure to Cut Import Duty on Gold Hurts Prices

    India's decision to maintain an import duty on gold surprised investors, dealing a fresh blow to a metal that has been hit hard this year by a strengthening U.S. dollar and a series of policy shifts around the globe.

  • Fatal L.A. Police Shooting Will Test Body-Camera Use

    A Los Angeles police shooting of an unarmed homeless man may serve as an early test of how video from officer-worn cameras affects the investigation and public perception of such deadly encounters.

  • Prince William Visits Asia: Photos

    Prince William, Duke of Cambridge gave a speech at the GREAT Festival of Creativity on Monday in Shanghai. Prince William is on a four-day visit to China. He is the most senior royal to visit China since the Queen and Duke of Edinburgh in ...

  • Gentile Is Underdog in Staten Island Race

    The last Brooklyn Democrat to make a run for the Staten Island congressional seat lost by more than 12 percentage points to a man under federal indictment for tax fraud.

  • North Korea Reopens to Foreign Tourists After Ebola Travel Ban

    SEOUL—North Korea has reopened its doors to foreign tourists, tour operators said, ending a travel ban aimed at keeping the isolated state free of the Ebola virus.

  • Accused Plotter Says He Wanted Bride, Not Bomb

    A Pakistani man accused of being part of an al Qaeda conspiracy to bomb targets in England, Denmark and New York City said Monday he was an innocent man “just living his life" and “chasing women on the Internet."

  • Muay Thai Workout: A Punch, a Kick and a Knee to De-Stress

    Punishing workouts centered around the sharp punches and swift kicks of Muay Thai boxing keep stress levels in check, says Marcus Antebi, chief executive of Juice Press, a chain of juice bars.

  • Maduro Gives U.S. Two Weeks to Cut Venezuela Embassy Staff

    CARACAS, Venezuela—President Nicolás Maduro, accusing the Obama administration of plotting against him, on Monday told the U.S. it has two weeks to cut its embassy staff from about 100 to 17, leaving just a barebones team in this capital.

  • Target Revamps Groceries for Millennials

    Target Corp. plans to lean on Greek yogurt, bagged coffee, and craft beers in an effort to make its grocery aisles feel less like Wal-Mart Stores Inc. and to attract younger shoppers.

  • Connecticut Republicans Search for a Way to Win

    Almost four months after their candidate's stinging loss in the governor's race, Connecticut Republicans are trying to figure out how to be winners again.

  • Overheard: Samsung Edges Away From Google

    Samsung may want to distance itself from Google, but the feeling hardly seems mutual. The search giant's continuing reliance on the smartphone maker to promulgate its Android operating system was evident in a speech Monday by Sundar Pichai, ...

  • The Yankees’ Workhorse This Spring Training Is ‘The Machine’

    TAMPA, Fla.—The glee on Yankee bullpen coach Gary Tuck's face was unmistakable, as he fed one ball after another into the pitching machine and watched his young catchers dive for the bouncing balls. Every once in a while, there was a ...

  • Russia’s Missile Gambit

    From deep in a world of wishful thinking, the White House's press secretary, Josh Earnest, said on Friday that the Obama administration is hopeful of holding together “the unanimity of support" it is getting from countries described as a ...

  • Companies Drag Feet on Updating Fraud Safeguards

    Corporate safeguards to prevent financial errors and fraud are like armor: unpolished they rust, and by then it's too late.The most widely followed standards for these safeguards—or internal controls—were updated more than a year and a half ...

  • Genworth Finds Material Weakness

    Insurer Genworth Financial Inc. said it didn't have adequate controls in place and failed to identify a $44 million calculation error as it implemented changes to its methodologies as part of a review of its long-term-care claim reserves.

  • An Off-Ramp From ObamaCare

    Editor's note: The following was written by Republicans John Kline, Paul Ryan and Fred Upton, chairmen, respectively, of the House committees on Education and Workforce, Ways and Means, and Energy and Commerce.

  • The Big Number

    $830BLoans outstanding on junk-rated borrowers' balance sheetsCorporate borrowers with big financing needs are finding it a little harder to get bank loans.

  • Athabasca Oil Receives Payment From PetroChina Canadian Unit

    CALGARY—Athabasca Oil Corp. on Monday said it received the first of three payments owed to it by one of China's largest state-run energy companies, part of a deal announced last summer to complete the sale of a Canadian oil-sands project.

  • IRS Confirms Illegal Immigrant Tax-Refund Ruling, Sparking GOP Outcry

    WASHINGTON—The Internal Revenue Service on Monday confirmed it would allow illegal immigrants benefiting from President Barack Obama's recent executive action to file for tax refunds for prior years, fueling an outcry from Republicans.

  • The Plain Text of ObamaCare

    The Obama Administration's abuse of executive power—dispensing with its duty to faithfully execute statutes to become a law maker unto itself—has become the most consequential dispute across the three branches of government. The Supreme ...

  • Republican Crony Capitalism

    Most voters may think of Democrats as the party that forces expensive environmental rules on an unsuspecting public. But as New Yorkers suffer through another cold winter, they're getting worried that Republicans could soon increase the ...

  • The Constitution and the Gerrymander

    The big test for a legal originalist comes when the Constitution's plain text contradicts one's policy preferences. So it was Monday at the Supreme Court for those of us who dislike partisan gerrymandering to rig elections. This is a tough ...

  • Notable & Quotable: Devin Nunes

    A statement from Rep. Devin Nunes (R., Calif.) on Feb. 28 after a bill to fund the Department of Homeland Security failed to advance in the House the day before:

  • In What Way Is Iran a Reliable Negotiating Partner

    I was one of the Air Force's B-1 pilot representatives for the verification of the START treaties with the former Soviet Union during my 14 years in the military. In those years I learned much about implementing a credible national-security ...

  • The Mumbo-Jumbo of ‘Middle-Class Economics’

    In the “Economic Report of the President" released on Feb. 19, the White House's Council of Economic Advisers defines “middle class economics" primarily by the average income of the bottom 90%. “Average income for the bottom 90 percent of ...

  • What’s News—

    Business & Finance*** Big U.S. tech firms are mounting a charm offensive in Europe amid continued sparring with their telecom peers over everything from communications apps to the cost of building new networks. ...

  • What’s News—

    Business & Finance***Marks & Spencer is changing its growth strategy in China, culling stores around Shanghai while planning to set up shop in Beijing and Guangzhou later this year.

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