US Business News

Takata Learned Early of Air-Bag Woes

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The quality chief of the Japanese auto-parts supplier at the center of a massive auto recall said it first learned of air bag problems in May 2005 but didn’t start its investigation or warn car makers until two years later.

Google Looks to Get Back Into China

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Google is considering bringing a version of its Play mobile-app store to China, a tentative but important step back into a country that Google mostly exited in 2010.

Sotheby's CEO to Step Down

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Sotheby’s CEO William F. Ruprecht is leaving, months after hedge-fund activist Dan Loeb and several others joined the auction house’s board.

Norwegian Air's Fight for Expansion Intensifies

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The battle over Norwegian Air Shuttle ASA’s plan to expand flights to the U.S. intensified Thursday as both sides in the debate highlighted safety issues ahead of a crucial meeting of regulators next week.

China Opens Up on Oil Reserves

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China disclosed for the first time that the first phase of its strategic petroleum reserves contains about 91 million barrels.

Targeted Ads? TV Can Do That

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TV networks and marketers are harnessing new “Big Data” tools to target ads by matching viewers of niche shows with their shopping preferences, making the television ad landscape more like the online one.

U.S. Orders Electric Utilities to Secure Sites From Attack

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Federal energy regulators ordered utilities to protect important electrical equipment from potential attackers trying to disrupt the nation’s electric grid.

Wynn Resorts Probed on Money-Laundering Controls

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Federal authorities are investigating whether casino operator Wynn Resorts violated money-laundering laws, according to people familiar with the matter.

Gap Shakes Up Management of Namesake Brand

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Gap Inc. overhauled the leadership of its struggling namesake brand and said its profit would be weaker than expected this year.

Ex-CEO Pleads Not Guilty in Mine Blast

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A criminal case against former coal-mining executive Don Blankenship is already generating controversy after a judge imposed a broad gag order to find an impartial jury for the trial.

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