St. Croix Refinery to Stay Closed After Vote

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The mothballed refinery on St. Croix will stay closed after the U.S. Virgin Island’s Legislature voted overwhelmingly against letting a new owner take over the plant.

'The Hobbit' Wins Box-Office Battle

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Latest in Middle Earth saga bests ‘Museum,’ ‘Annie’ with $56.2 million over the weekend.

Dish Drops Two Fox Channels

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Dish Network Corp. is no longer carrying Fox News Channel or Fox Business Network after the parties couldn’t agree on terms of a new distribution pact.

Walgreen Prepares to Steer a Global Course

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The Week Ahead: Walgreen, the largest U.S. drugstore chain, is going to find out if bigger means better, as it nears a shareholder vote on completing its planned merger with European counterpart Alliance Boots.

Xiaomi Valued at More Than $45 Billion

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Xiaomi is raising more than $1 billion in its latest round of funding, valuing the fast-growing Chinese smartphone maker at more than $45 billion, a person familiar with the matter said

FDA Backs AbbVie's Hepatitis Treatment

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U.S. regulators on Friday approved AbbVie’s new multidrug regimen for hepatitis C, and the company priced it below rival treatments from Gilead Sciences.

Google Seeks Partners for Self-Driving Car

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The head of Google’s autonomous-vehicle project said the company is looking for auto industry partners to bring its vision of a self-driving car to market within the next five years.

Staples: Data Breach Exposes Million Cards

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Staples said criminals stole personal information from as many as 1.16 million payment cards during the back-to-school shopping season from stores across the country.

Sony Hack Forces Firms to Rethink Email

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Devastating leaks from Sony’s computer systems have dramatized the risks of storing corporate email for extended periods. Some people in Silicon Valley wonder if it is time to rethink that practice.

Congress Extends Charity IRA Rule Through Dec. 31

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Provision is retroactive to Jan. 1, 2014.

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