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Zara's Shrinking Profit Margins Expose a Fashion Behemoth

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Shrinking profit margins at the parent company of Zara has exposed a rare weakness in the armor of a fashion behemoth that has largely resisted the headwinds currently battering the industry.

Google Seeks Path Back to China With AI Lab

Search giant Google opened an artificial-intelligence lab in Beijing in a bid to attract China’s tech prodigies and strengthen its standing in the restrictive market.

Toyota Sees Half of Sales Coming From Hybrids, EVs

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Toyota’s president became the latest auto chief to offer ambitious targets for hybrid and electric vehicles, saying the category would make up half of Toyota’s global sales by 2030.

Will Regulators Penalize Fox-Disney Deal Over Sports?

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With viewers turning to streaming video, sports has come to dominate traditional TV. That’s one reason behind a potential 21st Century Fox--Disney deal. And it’s one reason why regulators could frown on such an agreement.

Top Stories in last day

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Apple Invests in Face ID Tech Maker Finisar

Apple is awarding one of its key suppliers $390 million as part of its effort to fund domestic technology manufacturers.

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Ousting an Accused Harasser Wasn't Enough. Ad Agency Staff Wanted to Know Why

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Shortly after Interpublic Group’s Martin Agency pushed out one of advertising’s star creative executives, employees demanded a full accounting of why—and unleashed more allegations of sexual harassment.

12

Toshiba, Western Digital Make Peace

Toshiba and Western Digital said they agreed to settle a dispute over the Japanese company’s planned sale of its memory-chip unit.

11

Bitcoin Battle: South Korea Eyes Taxing Cryptocurrency Trade

South Korea’s government is pushing ahead with new rules to curtail the widespread speculation on cryptocurrencies that has swept the Asian nation this year, following an emergency meeting of officials and regulators.

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Vibrant Holiday Sales Spur Late-Season Surge in Imports

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Stronger-than-expected holiday sales have spurred a late-season surge in imports, as retailers restock their warehouses to keep up with e-commerce demand.

Sears Extends Debt, Eyes New Borrowing

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Sears Holdings extended the terms of a $400 million loan while announcing a new planned borrowing to cover pension contributions

Electronic Arts Needs the Force to Awaken Again

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Walt Disney isn’t the only company with a lot riding on the new Star Wars movie this week. Electronic Arts could really use a boost from the Force.

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Unibail Who? The French Mall Owner Is Buying Westfield for $15.7 Billion

Even in its home market of France, Unibail-Rodamco isn’t a well-known corporate name. But if it consummates a deal with Westfield, it will be the world’s second-largest mall operator by market capitalization.

23

Big Boss Nintendo Seeks New Sidekicks in Smartphone Battle

Nintendo is looking to expand tie-ups with software developers to strengthen its smartphone-game lineup after an early alliance aimed at cracking the mobile market fell behind schedule.

Government Cleans House at Audit Regulator

Five new board members were appointed to oversee the Public Company Accounting Oversight Board, a regulator of auditors who examine the books of publicly traded companies.

Facebook to Give Countries a Chance to Tax Its Profits From Local Ads

Facebook plans to book more revenue in the countries where it sells ads, becoming the latest tech company to bow to pressure from nations to simplify its tax structure and potentially pay more income tax overseas.

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These Aren't the Droids You're Looking For: How Star Wars Obsessives Found the Actual Millennium Falcon

Fan journalists regularly scoop the world on news about the series, including the storage location of Han Solo’s freighter.

19

Electric-Vehicle Boom Is a Boon for Coal King Glencore

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Glencore, long known as one of the world’s dominant coal traders, in a twist is finding itself the beneficiary of the greening of the global economy.

Tuesday, Dec 12

GE Probed Who Knew About Spare Jet for Immelt

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General Electric recently conducted an internal review into the flying of a spare business jet to accompany former CEO Jeff Immelt, as it seeks to understand an unusual practice that went on for years and surprised investors when they…

Mall Operator Westfield Agrees to Takeover Bid Valued at $16 Billion

Westfield, the Australian operator of marquee malls from California to New York’s World Trade Center, agreed to a $15.7 billion takeover offer from European shopping-center giant Unibail-Rodamco.

NFL Network Suspends Three Former Players After Sexual-Harassment Allegations

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The NFL Network has suspended three members of its on-air team—Marshall Faulk, Ike Taylor and Heath Evans—in response to allegations of sexual harassment made in a lawsuit by a former employee.

Comcast No Longer Reviewing Deal for 21st Century Fox Assets

Comcast Corp. said it is no longer pursuing a deal to acquire several key media and entertainment assets from 21st Century Fox.

Monday, Dec 11

Want to See a World Without Net Neutrality? Look at These Old Cellphone Plans

With rules governing internet services set to be rolled back, service providers and their detractors are envisioning new models that could translate into a wider range of fees—both lower and higher.

In New NFL Deal, Verizon Trades Mobile Exclusivity for Rights on Yahoo

Verizon Communications will no longer have the exclusive mobile rights to distribute the games to its wireless customers, but the $2 billion deal will expand the partnership to Verizon-owned platforms like Yahoo Sports.

Retailers Help Shoppers Do the Markdown Math

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Department stores and other retailers have a gift or two for discount-weary holiday shoppers: they have been scaling back overlapping promotions and making price reductions easier for customers to understand.

Hospital Giants in Talks to Create U.S.'s Largest Operator

Ascension and Providence St. Joseph Health are in talks about a possible merger that would put 191 hospitals in 27 states under a single owner, as a series of major deals are poised to consolidate control of the health-care landscape into…

Sunday, Dec 10

'It's Garage Gold': Luxe Cars Become Investment Vehicles in Persian Gulf

The Persian Gulf’s bloc of oil-exporting countries has emerged as the world’s No. 1 market for ultraluxury cars—most costing $250,000 or more—based on per capita buying.

Meet Your New Boss: An Algorithm

Traditional employers like General Electric are using artificial intelligence and other elements of the work-on-demand business model to manage traditional full-time workforces.

Disney Deal for Fox Would End Era of the 'Big Six' Studios

Walt Disney would likely significantly scale back Fox’s movie studio if the company nails down a deal to buy most of the assets of 21st Century Fox, as part of Chief Executive Robert Iger’s plan to transform the company into a direct-to…

Saturday, Dec 9

Retail Giant Steinhoff's Share Rout Raises Scrutiny of Transactions

The stock market carnage at Steinhoff is raising fresh scrutiny over a set of Byzantine transactions between the global furniture retailer and related parties.

How Amazon Picks Its Seemingly Random Deals of the Day

Third-party merchants slash prices and stockpile inventory in hopes Amazon.com will select their items for holiday promotion—which can boost sales all season.

Robust Job Growth Puts U.S. on Firmest Footing in a Decade

The U.S. economy is hitting milestones not seen in more than a decade, marked by robust hiring that has led to low unemployment and a sustained pickup in output.

The Great Startup Stopper

China’s tech world doesn’t believe in the story of David and Goliath. Startups and investors are abandoning the dream that a smarter, nimbler upstart can topple a gargantuan company.

Friday, Dec 8

Mine the Gap: More Women Embrace Mining Careers

More women are heading to remote mines, as big companies diversify their workforces and technology transforms the industry. The payoff: Safer, more productive mines.

Caterpillar Unit Cheated Customers, Tossed Evidence Into Ocean to Hide It

United Industries, a unit of Caterpillar, admitted that it cheated customers by performing unnecessary repairs to their railcars and pleaded guilty to dumping brake shoes and other parts into the ocean to hide evidence.

GE Cuts 18% of Jobs in Power Unit After Misjudging Demand

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How Tesla Electrified Rivals at the L.A. Auto Show

The Silicon Valley carmaker cast a long shadow in Los Angeles as BMW, Jaguar and VW imitated the wily brand. Can their electric concepts hold their own next to Elon Musk’s Model 3, asks Dan Neil.