Caesars Entertainment to Acquire Affiliate

Wall Street Journal: US Business - Sun, 12/21/2014 - 21:50
Caesars Entertainment plans to acquire affiliate Caesars Acquisition in a stock-for-stock merger, according to people familiar with the matter.

San Antonio Weighs Annexation Plan

Wall Street Journal: US News - Sun, 12/21/2014 - 21:37
San Antonio is moving ahead with plans to annex as much as 66 square miles around it, a land grab that would add as many as 200,000 people to the city and potentially make it the nation’s fifth-largest metropolis.

New Hepatitis C Drug Gets Helping Hand

Wall Street Journal: US Business - Sun, 12/21/2014 - 21:22
Express Scripts will make an AbbVie drug the exclusive option for patients with the most common form of hepatitis C. The move will help the drug maker take market share from Gilead, maker of Sovaldi.

Midtier Oil Explorers Suffer With Price Drop

Wall Street Journal: US Business - Sun, 12/21/2014 - 21:21
Midtier exploration and production companies live or die on oil prices as they don’t have side businesses like refining and processing to insulate them. Tullow Oil PLC is one of the ones currently suffering.

Uneasy Rider: Boomer Deaths in Motorcycle Crashes Jump

Wall Street Journal: US Business - Sun, 12/21/2014 - 21:15
Motorcycle riders between 55- and 64-years-old accounted for 16.3% of motorcycle crash deaths in 2013, up from 9.3% a decade earlier and less than 3% in the early 1990s, according to statistics from the U.S. traffic safety agency.

China's Hopu Among Xiaomi Investors

Wall Street Journal: US Business - Sun, 12/21/2014 - 21:13
Chinese private-equity firm Hopu Investment Management is among investors putting a total of just over $1 billion into Xiaomi in a deal valuing the smartphone maker at over $45 billion, according to a person familiar with the situation.

Thaw Boosts Cuba-Asset Claims

Wall Street Journal: US Business - Sun, 12/21/2014 - 20:53
Now that the U.S. is moving to normalize relations with Cuba, the countries will have to deal with claims, valued at over $7 billion, from firms whose property was nationalized.

Sony Aims to Release 'The Interview,' but How?

Wall Street Journal: US Business - Sun, 12/21/2014 - 20:38
The aborted release of “The Interview” has led to follow-up questions for Sony Pictures Entertainment, as the Hollywood studio’s outside attorney insisted the film “will be distributed.” The chief hurdle: how?

Political Impasse Puts Chill on Greek Business

Wall Street Journal: US Economy - Sun, 12/21/2014 - 20:14
Fears that Greece’s high-stakes parliamentary vote for a new president could herald a return to economic turmoil have stalled business development and foreign investment, business executives and investors say.

Jameis Winston Cleared of Florida State Conduct Violations, Attorney Says

Wall Street Journal: US News - Sun, 12/21/2014 - 20:09
The Heisman-winning quarterback won't be punished for sexual abuse case ahead of semifinal game.

Monday's Deluge to Test UPS's New System

Wall Street Journal: US Business - Sun, 12/21/2014 - 19:59
UPS all year has been focused on one day above the rest: Monday Dec. 22, when it will deliver 34 million packages, more than any other in its history—putting a new high-tech sorting system to the test.

White House Weighs Options Against North Korea

Wall Street Journal: US News - Sun, 12/21/2014 - 19:56
Some measures would intensify financial pressure on Pyongyang’s ruling elite; the White House could move to redesignate North Korea as a state sponsor of terrorism.

Nissan to Make More Cars in Japan, Boost Exports Next Year

Wall Street Journal: US Business - Sun, 12/21/2014 - 19:53
Nissan Motor plans to make more cars in Japan and boost exports next year, Chief Executive Carlos Ghosn said Friday.

Killings of New York Police Officers Spark Backlash to Protests

Wall Street Journal: US News - Sun, 12/21/2014 - 19:52
The assassination of two New York City police officers has emboldened police and their supporters to lash out at weeks of nationwide protest and criticism that they say have left police more vulnerable.

Obama Faces Battle With Congress Over Cuba

Wall Street Journal: US News - Sun, 12/21/2014 - 19:52
Congress controls some of the most significant restrictions on travel, tourism and trade between the two countries, and lawmakers from both parties have made clear they plan to complicate Mr. Obama’s efforts.

Canada Wants Refugees to Go West

Wall Street Journal: US Economy - Sun, 12/21/2014 - 18:59
Canada is weighing steps to settle refugees in parts of the country with low unemployment levels, signaling the government’s effort to use immigration policy to support economic growth—without alienating voters.

FDA Oversight in the Internet Age

Wall Street Journal: US Business - Sun, 12/21/2014 - 18:38
An FDA rebuke of televised comments made by Aegerion’s CEO—which led the company to air a TV commercial correcting the statements—was prompted by complaints from a government drug reviewer, according to emails viewed by The Wall Street Journal.

Fed's Regulatory Limits Get Laid Bare

Wall Street Journal: US News - Sun, 12/21/2014 - 18:03
The Fed is looking for problem areas in the shadow banking system to help avert another financial crisis. But Fed officials face questions about the limits of their regulatory authority to oversee nonbank financial institutions.

Ferrovial Drops Transfield Bid

Wall Street Journal: US Business - Sun, 12/21/2014 - 17:57
Ferrovial abandoned a takeover bid for Australia’s Transfield Services, a major setback in the Spanish construction company’s plan to compete for billions of dollars of new infrastructure projects Down Under.

Obama Plans More Gitmo Transfers

Wall Street Journal: US News - Sun, 12/21/2014 - 17:13
Obama aims to make 2015 a landmark year in his long-stalled effort to close the detention center in Guantanamo Bay, with plans to announce a flurry of detainee transfers in coming weeks.

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