The player-tracking cameras that are now in all 30 NBA arenas have revolutionized the way NBA wonks think about the sport. Now they'll be aimed at a new target: college basketball.
LONDON—The new head of the London Metal Exchange Thursday fired a shot across the bows of CME Group Inc., saying the Chicago-based exchange appears to be "talking up its book" regarding its "opportunistic" aluminum futures contract.
The New York Times launched a Chinese-language website on Thursday focused on lifestyle topics in an effort to crack a market where authorities have blocked its news sites following its coverage of the wealth of the family of a top Chinese ...
LONDON—The British government pressed ahead with its controversial plan to crack down on illegal immigrants Thursday, despite arguments that its tougher approach could deter people with much-needed skills coming from abroad and that the ...
Stocks rallied on signs that lawmakers are inching toward a deal to break the political impasse in Washington.An upbeat tone in the market led to price declines in assets seen as safe havens, such as Treasury bonds and gold.
IF THERE WERE A YEARBOOK of the interior design world, Ryan Korban's future vocation would undoubtedly read Most Likely to Succeed Peter Marino—Marino being the fashion world's go-to designer and interior architect, who is responsible for ...
TRIPOLI—A Libyan militia group kidnapped Prime Minister Ali Zidan early Thursday from the luxury hotel where he resides before releasing him under pressure from senior revolutionary leaders and government officials.
Retailers posted muted sales gains in September, even as they stepped up promotions. The back-to-school period ended on a sour note, raising some concerns about the key holiday season.
If history is any guide, stock prices could surge once a deal is struck in Washington to end a partial government shutdown and extend the debt-ceiling limit.
It's that time of year again. The country's top financial firms are releasing quarterly earnings. Here's a look at key questions they face.Bank of America Corp., the second-largest U.S. bank by assets, has been slowly putting its crisis-era ...
WASHINGTON—Supreme Court Justice Anthony Kennedy called on the White House and congressional leaders to resolve the federal budget impasse, saying a prolonged government shutdown could imperil public safety at home and undermine America's ...
On a rainy May day, Turkish Prime Minister Recep Tayyip Erdogan led two of his closest advisers into the Oval Office for what both sides knew would be a difficult meeting.
BRUSSELS—The European Union on Thursday asked the World Trade Organization to rule that a recycling fee Russia places on imported cars violates international trade rules, in the first complaint against Russia since Moscow joined the ...
Deniss Calovskis, the alleged Latvian hacker whose extradition to the U.S. was blocked by the European Court of Human Rights earlier this year, has been released from a jail in the Latvian capital of Riga.
IN THE DAHLIA GARDEN of Château de la Bourdaisière, a Renaissance-style castle-turned-hotel in France's Loire Valley—a dinner party is in full swing. As guests enjoy a series of simple dishes from the garden (heirloom tomato basil salad, ...
NEW DELHI—India started assembling disaster-management teams and evacuating people in the low-lying areas of two states on the eastern coast where a cyclone packing winds of 175-185 kilometers an hour is expected to make landfall this ...
Have no fear, Twitter Inc. should be worth piles of money when it sells shares to the public. Back in February, my back-of-the-envelope guess was that it could be valued at more than $12 billion, a level it will probably easily beat.
WASHINGTON—Treasury Secretary Jacob Lew on Thursday told Congress the government would face "perilous" choices in the coming weeks if the nation's borrowing limit wasn't raised, marking the White House's latest—and perhaps most ...
WASHINGTON—House Republicans on Thursday will offer the White House a six-week extension of the nation's borrowing limit in exchange for wide-ranging negotiations on spending, in a potential major breakthrough in the deadlock that resulted ...
IT WASN'T MEANT to be the holiday of a lifetime—just a family vacation to Australia's Sunshine Coast, an hour north of Sydney by air. We were looking forward to sand castles and ice cream, early morning swims and afternoon naps.
THE FIRST COUPLE DAYS of rehearsal were extremely, extremely intimidating," says the actor Jonah Hill of working on set with director Martin Scorsese and costar Leonardo DiCaprio for The Wolf of Wall Street. "I definitely felt like I was ...
HONG KONG—Robust container shipping volume across the Pacific during the summer indicates that U.S. retailers expect a busy holiday season.U.S. retailers buy much of the toys, garments and other goods they sell during the holidays from ...
HYDERABAD, India—A cyclone is looming over Andhra Pradesh as the southern Indian state continues to face unrest following the central government's decision to carve it in two by forming Telangana state.
HONG KONG—Growth in the global air cargo market likely will outpace passenger traffic expansion over the next 20 years, fueled by higher freight demand in China and the Asia-Pacific, according to a new Airbus forecast.
CHEF APRIL BLOOMFIELD'S New York City gastropub the Spotted Pig is known for its famous investors, Jay Z and Bono among them. So it should come as no surprise that Bloomfield and her business partner, Ken Friedman, acquired their newest ...
Regency Energy Partners L.P. agreed to acquire PVR Partners L.P. for $3.8 billion, creating a significant gas-gathering and processing company focused on unconventional energy plays across the U.S.
TOKYO—Fast Retailing Co., the operator of the Uniqlo clothing store chain, reported a 26% surge in annual net profit, boosted by sales at its new outlets in Asia. But it warned that profit growth is expected to slow to less than 2% in the ...
New state-run health-insurance exchanges have largely fixed their technical problems, marking a sharp contrast with the federal government more than a week after the centerpiece of the Affordable Care Act opened for business.
Canadian short-story writer Alice Munro won the 2013 Nobel Prize for Literature.The Swedish Academy, which awarded Ms. Munro the 8 million Swedish-kronor ($1.25 million) prize in Stockholm on Thursday, said in a brief statement that it ...
A federal advisory panel offered a split decision Wednesday involving a heart-failure monitoring device developed by CardioMEMS Inc. and struggled to come up with clear-cut advice to the Food and Drug Administration.
MOSCOW—Fugitive former U.S. intelligence contractor Edward Snowden's father arrived in Moscow to a media maelstrom Thursday, and said he believed his son is prepared to remain in Russia for the long haul with no intention of returning to ...
HONG KONG—Hong Kong's stock exchange Thursday increased the collateral demanded from investors who use some U.S. Treasury bills for such purposes, in one of the first actions by a regulator bracing against a possible U.S. default.
Wal-Mart Stores' problems in India have so far been a byword for the emerging economy's perils. But to some extent, its latest move in India suggests one area of promise.
As the partial government shutdown stretches on, certified financial planner and tax professional Gene Bell is growing more concerned about the Oct. 15 deadline he faces for about 35 taxpayers.
SHENZHEN, China—Huawei Technologies Co. of China won't consider any major acquisitions for at least the next five years, as the world's second-largest supplier of telecommunications-network equipment focuses on ways to improve management ...
FOR ANYONE FORTUNATE enough to know how it feels to wear Stefano Pilati's drop-dead elegant clothes, the news that the distinguished designer—equal parts tailoring and tattoos—is once again exerting his subtle influence on the fashion world ...
SEOUL—North Korea has appointed a new military chief, state media confirmed on Thursday, the latest reshuffle of its top brass that is widely seen as a continuing process by dictator Kim Jong Un to solidify power.
YOU'RE GONNA HAVE TO serve somebody," trills Zack McKown as he tries to explain his nearly 30 years of collaboration with partner Calvin Tsao. It's not often that you hear an architect quoting a Bob Dylan song when describing a business ...
LONDON—The Bank of England left its benchmark interest rate and bond-buying program on hold Thursday, in line with its pledge not to consider a tightening of policy until the unemployment rate in the U.K. falls to 7%.
SEOUL—South Korea said on Thursday it has indicted 100 people, including senior executives at state-run energy companies, on corruption charges, in the country's biggest-ever scandal over nuclear-reactor safety.
Hershey Co. plans to start selling a line of caramels—its first new brand in 30 years—in the U.S. early next year, after launching the product this year in China.
LONDON—Tom Hayes, the former bank trader accused of orchestrating a scheme to manipulate interest rates, appears to be gearing up for a fight.
WASHINGTON—The number of Americans filing new claims for jobless benefits jumped last week, reflecting both continued reporting problems in California and private-sector employees out of work in connection with the government shutdown.
Martin Franklin, whose day job is overseeing consumer products company Jarden Corp. as its executive chairman, has an absorbing new hobby—building a chemicals empire.
BERLIN—A reprise of Germany's grand coalition appears increasingly likely, with the senior members of the environmental Greens party expressing doubts as talks begin with Chancellor Angela Merkel's conservative parties on forming the next ...
The European Central Bank announced Thursday that it has struck a currency swap deal with the People's Bank of China in what is the latest example of the Chinese currency's growing importance on the international stage.
The dollar jumped to a one-week high against the yen as the political impasse in Washington showed signs of a short-term resolution.The greenback rose against major currencies after House Republicans appeared poised to unveil a six-week ...
Vonage Holdings Corp. has agreed to acquire voice-over-Internet-protocol company Vocalocity for $130 million, in a deal aimed at strengthening Vonage's position in the small- and medium-size business sector.
Negotiations for a Chinese investment fund to buy U.S. airplane-finance giant International Lease Finance Corp. are continuing despite a series of setbacks, according to several people familiar with the talks.
"Fee-sucking, evergreen income."That's how Bill Michaels describes our industry's reliance on asset allocation. The problem, he says, is that it doesn't make money for clients. But here's what "diwussification"--his play on ...
TWO YEARS AGO, a loose federation of furniture, graphic, textile and architectural design talents agreed to rent workspaces in a charmingly ramshackle fixer-upper in San Salvador. The idea was that the six designers—five Salvadorans and one ...
LONDON—Glencore Xstrata PLC's effort to satisfy a Chinese regulatory requirement that it sell a Peruvian copper project has advanced, with two of four Chinese companies that made initial bids for the mine invited back to conduct due ...
NEW YORK—Gold prices fell as investors shed the haven asset amid hopes that upcoming talks between President Barack Obama and House Republicans would pave the way for a resolution to the U.S. government standstill.
Norwegian Air Shuttle, which parked one of its two Boeing Co. 787 jetliners about two weeks ago to address technical issues, will pull its other Dreamliner from service next week to perform similar checks.
Euro-zone house prices rose slightly in the three months to June, the European statistical agency Eurostat said on Thursday, in another indication that the currency area's economy is slowly mending.
PARIS—A wildcat strike by French air controllers Thursday led to cancellations and delays of flights to and from the country's main airports and disrupted journeys across Europe that use French airspace.
Liberty Interactive Corp. plans to reorganize its tracking stocks as part of a recapitalization effort, creating new holdings called QVC Group and Liberty TripAdvisor Holdings.
SYDNEY—The number of people seeking work in Australia fell to a seven-year low, signaling disillusionment with the shrinking opportunities in a resource-rich economy strained by a sharp slowdown in mining investment.
Teva Pharmaceutical Industries Ltd. is cutting its work force by about 10%, accelerating its cost-cutting efforts and joining a wave of downsizing in the drug industry.
U.S. oil prices declined slightly Thursday as traders continued to worry about the partial U.S. government shutdown curbing crude demand, though lawmakers appeared to be making some progress in efforts to end the standoff.
Signs of the U.S. fiscal gridlock thawing encouraged investors to cash out of safe-harbor Treasury bonds to embrace stocks, pushing up the benchmark 10-year yield to the highest level in nearly three weeks.
"I GOT THE PIECE of Moammar Gadhafi's house when we were shooting there for Parts Unknown. We had a sort of friendly militia with us, and we bumped into a less friendly militia. Before we had to leave in a hurry, I got a nice chunk. The ...
Democrat Bill de Blasio, the leading contender for New York City mayor, did not show up on Wednesday to the first televised debate of the general election, but the two candidates who participated spent plenty of time talking about him.
NEW DELHI—BMW AG and Volkswagen AG introduced upgraded car models Thursday as auto makers in India hurry to roll out new vehicles to exploit a potential surge in demand during the festival season.
BANDAR SERI BEGAWAN, Brunei—U.S. Secretary of State John Kerry called off a scheduled visit to the Philippines this weekend due to a looming typhoon, cutting short a Southeast Asian trip where he has been standing in for President Barack ...
Quest Diagnostics Inc. forecast weaker-than-expected results in its third quarter, citing softness in its diagnostic information services business.
European stock markets posted gains Thursday as tentative signs of progress emerged toward resolving the political deadlock in Washington.News that President Barack Obama would meet House Republicans later Thursday raised hopes that an ...
SINGAPORE—Singapore Exchange Ltd. is investigating short-selling activity seen in the shares of Asiasons Capital Ltd. and Blumont Group Ltd. that violates bans on shorting those stocks, the bourse said on Thursday.
WARSAW—Poland's monetary-policy council may be forced to raise rates earlier than expected if tapering of the U.S. Federal Reserve's easy-money policies causes the zloty to weaken significantly, but only if growth recovers, rate setter ...
BRUSSELS—European lawmakers awarded their top human rights prize Thursday to Pakistani schoolgirl Malala Yousafzai, who survived a Taliban assassination attempt last year.
HONG KONG—China Construction Bank Corp., the country's second-biggest lender, is planning to issue an offshore bond to help it meet tougher capital requirements and diversify its investor base, people familiar with the situation said on ...
TOKYO—Japanese core machinery orders logged unexpectedly strong growth in August, reaching the highest level in nearly five years in a sign that companies are spending more on equipment and factories.
A weaker yen helped Japanese stocks gain on Thursday, while the U.S. government's partial shutdown remained a weight on other regional markets.
Marketers are finally convinced that there's money to be made peddling everything from soap to salad dressing to the legions of consumers glued to their smartphones and tablets: Spending on mobile advertising more than doubled in the first ...
LONDON—BAE Systems PLC Thursday said it expects to clinch a long-delayed deal with Saudi Arabia over the repricing of a £4.5 billion ($7.20 billion) order for 72 fighter jets by year-end.
A large gap has opened between the valuation of Asian stocks and global peers after a summer selloff, raising investor confidence in the region even as a budget-and-debt drama drags on in the U.S.
WELLINGTON, New Zealand—To the early explorers who landed here in the late 1700s, New Zealand's two biggest islands were known by their Maori names. For the next two centuries, however, they were mostly defined by their location—one to the ...
Hotel operator Kerzner International Holdings Ltd. was buried under a mountain of debt when its luxury projects ran into trouble during the financial crisis. Now, it is attempting a comeback with a colossal resort on the "Hawaii of China," ...
Royal Dutch Shell PLC said Wednesday it had shut the Trans Niger Pipeline, deferring 150,000 barrels of oil a day after leaks were discovered at three places on the pipeline.
The Washington impasse showed signs of easing as conservative Republicans warmed to a short-term debt-limit rise and House GOP leaders prepared to meet Obama.
Obama picked Yellen to lead the Fed. If confirmed as the first woman to run the central bank, she would assume the job as the institution stands at a turning point.
The 51st New York Film Festival wraps up this weekend, highlighted by Saturday's closing night gala premiere of Spike Jonze's "Her." Joaquin Phoenix stars as a lonely man who becomes romantically obsessed with his new operating system, ...
BUENOS AIRES—Argentina's Congress gave its final approval late Wednesday night to President Cristina Kirchner's 2014 budget and legislation granting her emergency powers.
The Obama administration has agreed to sell Vietnam nuclear fuel and technology in an agreement that is aimed at deepening U.S. ties to Asia's growing economies as China increasingly asserts itself in the region.
The U.S. decision to dial back military aid to Egypt has roused fears among Washington's regional allies that the U.S. commitment to Middle East security is dropping on the list of America's global priorities.
GLASSBORO, N.J.—Democrats Cory Booker and Republican Steve Lonegan sparred Wednesday in a heated debate for an open U.S. Senate seat, attacking each others' records as mayors in New Jersey.
Some 1,700 patients were sedated without harm by a Johnson & Johnson machine during testing and in approved use in Canada. A Marketplace article on Sept. 26 about the machine, Sedasys, incorrectly said all 1,700 patients were part of ...
I have always been amazed that anyone would choose to play Russian roulette. Who could ever be so bored, so irresponsible, or have such low future aspirations that they would flirt willfully with death while having nothing to gain?
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