For Web Firms, Faster Access Comes at a Price
Wed, 06/19/2013 - 19:00
Facebook, Google and Microsoft and other Internet companies have been paying broadband-service providers for connections to get faster and smoother access into their networks. Netflix has been reluctant.
Categories: Wall Street Journal: Latest News
Embraer and Bombardier Orders Diverge
Wed, 06/19/2013 - 18:42
Smaller-jet makers Embraer and Bombardier have drawn attention with contrasting order books at the Paris Air Show, with Bombardier yet to snare any orders for its coming CSeries jets.
Categories: Wall Street Journal: Latest News
U.S. Icons Now Made of Chinese Steel
Wed, 06/19/2013 - 18:31
The Verrazano-Narrows Bridge was a feat of American engineering when it was built across New York's harbor in the 1960s. Now, it's being repaired with steel made in China.
Categories: Wall Street Journal: Latest News
Microsoft Loosens Xbox Game Policies
Wed, 06/19/2013 - 18:26
Microsoft said Wednesday it will loosen some unpopular new policies it had earlier announced for its upcoming Xbox One videogame console.
Categories: Wall Street Journal: Latest News
SandRidge CEO Ousted, Gets $90 Million Exit Pay
Wed, 06/19/2013 - 18:08
SandRidge Energy chief Tom Ward was ousted by the company's board and given an about $90 million severance package following a probe of dealings with businesses controlled by members of his family.
Categories: Wall Street Journal: Latest News
Lenovo Turns to Phones as PC Industry Declines
Wed, 06/19/2013 - 18:05
Lenovo gets over 80% of its revenue from PCs, but amid a decline in the computer market it's seeking to increase its smartphone sales outside China.
Categories: Wall Street Journal: Latest News
Microsoft Explored Deal for Nokia
Wed, 06/19/2013 - 18:02
Microsoft was recently in advanced discussions with Nokia about a purchase of its device business, in a marriage that could have reshaped the mobile-phone industry.
Categories: Wall Street Journal: Latest News
White-Collar Sentences Get a Fresh Look
Wed, 06/19/2013 - 17:44
A hearing this week on whether to substantially reduce former Enron CEO Jeffrey Skilling's 24-year prison sentence comes amid a growing debate about the rules for punishing white-collar criminals.
Categories: Wall Street Journal: Latest News
How I Built GoPro Extreme Sports Camera
Wed, 06/19/2013 - 17:02
Surfer, seeking a way to film his stunts, finds he has to invent it.
Categories: Wall Street Journal: Latest News
3-D Printing Leader Stratasys to Buy Makerbot
Wed, 06/19/2013 - 16:58
In a deal that could help bring three-dimensional printing to the masses, industry leader Stratasys said it has signed an agreement to acquire upstart MakerBot Industries.
Categories: Wall Street Journal: Latest News
Novatek: The Challenger Takes on Gazprom
Wed, 06/19/2013 - 16:57
For two decades, Gazprom has been the only name in Russian natural gas. Now Novatek is challenging that dominance as the state-run incumbent risks losing its monopoly on exports.
Categories: Wall Street Journal: Latest News
Nike Takes a Page From Apple's Playbook
Wed, 06/19/2013 - 16:41
Nike is encouraging developers to build apps for its FuelBand digital bracelet by giving them aggregate data from customers. Its part of a push for the sportswear giant to reposition itself as a technology company.
Categories: Wall Street Journal: Latest News
Manchester United PLC Aims to Widen Margins
Wed, 06/19/2013 - 14:33
Manchester United's parent company plans to drive margins above 30% by splitting some of its global sponsorship deals into regional packages, leveraging the English football club's global fan base.
Categories: Wall Street Journal: Latest News
Brazil Regulator Queries JBS on Use of Derivatives
Wed, 06/19/2013 - 12:46
The regulator said the meatpacker is by far the largest user of derivatives among nonfinancial companies in Brazil.
Categories: Wall Street Journal: Latest News
Financier Leon Black Buys $48 Million Raphael Drawing
Wed, 06/19/2013 - 12:39
New York financier Leon Black was the mystery buyer of a $47.9 million Raphael drawing auctioned by Sotheby's London last December, according to several people familiar with the matter.
Categories: Wall Street Journal: Latest News
Dolce and Gabbana Convicted of Tax Evasion
Wed, 06/19/2013 - 12:27
A Milan court has convicted the designers Domenico Dolce and Stefano Gabbana of tax evasion. The court sentenced them both to one year and eight months in jail.
Categories: Wall Street Journal: Latest News
Jeep Recall Spurred by Consumer Worries
Wed, 06/19/2013 - 11:45
Chrysler agreed to recall about 1.56 million Jeeps to address consumer concerns, documents released on Wednesday indicated, even as it denied the vehicles have defects that render them unsafe to passengers in rear-end collisions.
Categories: Wall Street Journal: Latest News
Fired Founder Blasts Men's Wearhouse
Wed, 06/19/2013 - 11:29
Men's Wearhouse terminated its founder and public face, George Zimmer, from his position as executive chairman. A reason wasn't given, but Mr. Zimmer released a statement saying he was being silenced after expressing concerns about the company's direction.
Categories: Wall Street Journal: Latest News
Hermès Files Suit Against LVMH
Wed, 06/19/2013 - 09:49
The fashion company is seeking to cancel derivative transactions through which its rival built up a stake.
Categories: Wall Street Journal: Latest News
Kodak Reshapes Pact With Creditors
Wed, 06/19/2013 - 08:53
Eastman Kodak reached a deal, subject to bankruptcy-court approval, that would allow it to repay some creditors in cash instead of equity in the company.
Categories: Wall Street Journal: Latest News
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