Foxconn's board approves plan to buy Sharp
What’s News
ADB Forecasts China Growth at 6.5% This Year
China’s growth will be at the bottom of Beijing’s target range this year and decline further in 2017 amid slower growth in the Asia-Pacific region, according to an annual economic outlook published by the Asian Development Bank.
Where Oil Workers Have Job Security: China
The dismal earnings reported by China’s largest oil companies, due in large part to bloated payrolls, show how difficult it is to bolster the competitiveness of state firms.
Myanmar’s New President Pledges to Change Constitution
Htin Kyaw, in his first speech as Myanmar’s president, increased the potential for conflict with the military: He pledged to change the constitution—a clear reference to allowing Aung San Suu Kyi to be president instead.
Funds Flow to Venture Firms
Venture-capital firms are raising money at the highest rate in more than 15 years, even as the values of some once-hot startups have begun to cool.
Iranian Miniskirts, Bags of Cash Raise Doubts Over Controls at HSBC
A monitor of HSBC’s vigilance against money laundering and evasion of sanctions has uncovered lapses in the wake of a 2012 settlement with the Justice Department.
Chinese Market Offers New Life to Many Drugs
Drugs that failed to make it to the market in the U.S. and elsewhere are finding new life in China. But the new trend also raises the question of whether China has become a dumping ground for inferior drugs.
Yellen: Global Uncertainty Justifies Slower Tightening
Global uncertainty has heightened the risk to the U.S. economy, making a cautious approach to rate increases “appropriate,” the Fed’s Yellen said. 90
Air New Zealand Considers Sale of Virgin Australia Stake
Air New Zealand said it may sell part or all of its near-26% stake in Virgin Australia just as Australia’s second-largest carrier searches for funding options to shore up its balance sheet.
Tata Steel Set to Sell U.K. Operations
Tata Steel of India, one of the world’s largest steelmakers, said Tuesday that it would explore a sale of its struggling U.K. holdings, including its Port Talbot plant in Wales, a move that could threaten thousands of local jobs.
Boeing to Cut More Than 4,500 Jobs
Boeing plans to cut more than 4,500 jobs by June, as it accelerates cost-cutting efforts to keep pace with demand for less-expensive jetliners.
Airships Poised for Comeback
More than a century after the first Zeppelins took to the sky, airship makers including Lockheed Martin Corp. say fresh commercial interest is reviving the fortunes of the giant flying machines.
Asian Markets Mostly Up After U.S. Fed Indicates Rate Caution
Shares in the Asia Pacific region finished mostly up Wednesday, after the U.S. Federal Reserve signaled it would take a cautious approach to raising interest rates, but Japan’s Nikkei fell on a strengthening yen.
Corn Becomes Next Market China Liberalizes
China plans to start allowing its corn prices to be set by the market, the latest step in overhauling its huge agricultural industry and one that could further hurt weak global corn prices.
Goldman Sachs and Bear Stearns: A Financial-Crisis Mystery Is Solved
Who was the source of a crisis-era bombshell on CNBC that helped sink Bear Stearns? The role of a well-known hedge-fund manager has come to light with the release of documents earlier this month. 151
Hackers Breach Law Firms, Including Cravath, Weil Gotshal
Federal investigators are exploring whether the cybercriminals stole confidential information for the purpose of insider trading.
Businessman Denies Planning Bangladesh Central-Bank Heist
A central figure in the investigation into how $101 million was stolen from Bangladesh’s central bank said two Chinese nationals were responsible.
Pakistan Militant Group Threatens More Attacks
The militant group behind the Lahore massacre threatened to unleash a wave of new attacks, as the government rounded up thousands of suspects.
Underwater Heat Wave Devastates Great Barrier Reef
An underwater heat wave has set off a global coral-bleaching event—the third since 1998—that is devastating huge swaths of Australia’s Great Barrier Reef, marine researchers have found. 107
Second Assailant Likely in Brussels Subway Attack
Belgian and U.S. investigators suspect a second assailant likely took part in the attack on a Brussels metro station last week, officials briefed on the investigation said.
Brazil’s Largest Party Leaves Rousseff’s Ruling Coalition
Brazil’s largest party has broken with President Dilma Rousseff’s ruling coalition, a split that hurts her chances of staying in office.
End of Apple-FBI Dispute Could Intensify Fight Over Data Privacy
The sudden halt to the legal battle over a terrorist’s phone may only intensify the larger fight over privacy and encryption.
The Billionaire Professor Behind Networking Startup Apstra
Multibillionaire professor David Cheriton has bankrolled a startup called Apstra, which has been working on software for managing networking devices from multiple vendors. He has funded 20 companies to date.
Spotify Raises $1 Billion in Debt Financing
Music-streaming site Spotify has raised $1 billion in convertible debt from investors, a deal that extends the money-losing company’s runway but comes with some onerous guarantees.
Baseball’s Newest Player Is an iPad
Apple and Major League Baseball struck a multi-year agreement to equip every team with iPad Pro tablets to help coaching staffs make better use of data.
Video
Sleep Inside a Shark Aquarium--If You Dare
0:33
Rebuilding Fukushima
2:05
FBI-Apple: U.S. Hacks iPhone, Drops Case
1:51Photos
Is Your Weekend Wardrobe Due for an Upgrade?
Retailers wish American men would dress with a little more panache outside the office and offer a few suggestions for easy substitutions to make your off-the-clock look sleeker.
Adventure & Travel
Go on a Haunting Horseback Safari on the English Moors
What’s in Your Bag?
How to Pack for a Humanitarian Mission
WSJ. Magazine
Charlize Theron: Hollywood’s Humble Heroine
With a starring role in this month’s ‘The Huntsman: Winter’s War,’ actress Charlize Theron opens up about motherhood (for the second time), making peace with her past (relationship with Sean Penn and otherwise) and finding personal strength in fear and weakness.