Apple's iCloud Is Under Attack in China

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Apple’s iCloud service for users in mainland China has been hit by an attack that could allow perpetrators to intercept and see usernames, passwords and other personal data, activists and security analysts said.

Total to Select New CEO on Wednesday

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Total is expected Wednesday to name a successor to CEO Christophe de Margerie, who died in a Moscow plane crash. Mr. de Margerie moved the company away from reliance on safe but depleted European fields, to riskier, potentially more profitable climes.

United Technologies Sales Rise 4.6%

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United Technologies shook off troubles in its Pratt & Whitney jet engine business, clocking better sales across its five business segments, helped by a resurgent North American building market.

Lockheed Martin to Boost Buybacks, Keep Spending Flat

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Lockheed Martin Corp. said it plans to boost stock buybacks and keep capital spending flat as the world’s largest defense contractor by sales forecast that the Pentagon budget wouldn’t hit bottom until at least 2015.

Fashion Designer Oscar de la Renta Dies at 82

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Oscar de la Renta, a renowned American fashion designer famed for his glamorous red-carpet gowns and smart suits for ladies who lunch, died Monday at the age of 82.

Do you feel sorry for Monica Lewinsky?

Verizon Adds Users as Rivals Lurk

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Verizon said it has its largest slug ever of iPhone customers coming off contract this holiday season—as many as 3.1 million—giving rivals a big opening to poach customers from the nation’s largest carrier.

McDonald's Earnings Plunge 30%

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McDonald’s vowed to make fundamental changes to its business after reporting a worse-than-expected 30% drop in quarterly profit driven by problems in nearly every major part of its business.

Coke to Cut Billions More in Costs

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Coca-Cola Co. unveiled a broader cost-cutting program as it posted a 14% drop in earnings and warned it doesn’t expect to meet its previous financial targets. The beverage giant again reported lackluster soda volume.

Walgreen Faces Investor Pressure

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An activist adviser for union pension funds is pressing Walgreen Co. to postpone seeking shareholder approval of a major takeover until directors investigate allegations raised by former Chief Financial Officer Wade Miquelon in a defamation lawsuit.

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