Business News

  • AT&T, EU Discuss Impact of NSA Role
    AT&T Inc. Chief Executive Randall Stephenson met with the European Union’s top telecom regulator and asked how NSA data-gathering programs would affect the ability of companies like AT&T to do business in Europe.
  • ESPN's App Rollout Tests TV Cash Cow
    ESPN sees its WatchESPN app as a way to cash in on growing demand for viewing sports online but is trying to avoid doing anything that might encourage more pay-television customers to “cut the cord.”
  • AT&T Rules Out Vodafone Bid
    AT&T said it doesn’t intend to make an offer soon for Vodafone, after months of speculation in the telecommunications industry of a potential multibillion-dollar deal.
  • Rayonier to Split into Two Companies
    Rayonier unveiled plans to separate its performance fibers business from its forest resources and real estate operations.
  • Lanxess Lifted by CEO Change
    The German chemical company’s shares were lifted as Matthias Zachert was named as its new CEO.
  • Samsung, Google Sign Patent Deal
    Samsung Electronics and Google signed a broad cross-licensing deal on technology patents, strengthening an alliance as they try to fend off competition from rivals.
  • Puma to Outfit Arsenal
    Kering’s Puma unit said it would supply the uniforms and merchandise for English Premier League team Arsenal as part of a bid to revive the brand.
  • Diageo Buys Peligroso Tequila
    The U.K. drinks company is buying Peligroso just weeks after snapping up the luxury tequila brand DeLeon in a joint venture with rapper Sean Combs.
  • FDA Says Ranbaxy Workers Fudged Test Results
    Workers at a Ranbaxy drug plant repeatedly fudged test results to make it appear that raw materials and active pharmaceutical ingredients met required standards, according to FDA inspectors.

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