Met Postpones Lockout by 72 Hours

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The Metropolitan Opera put the brakes on a threatened lockout of its union employees Thursday night, agreeing to a 72-hour postponement.

Target's New CEO Is Steeped in Stores

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Target's new CEO is a businessman who spent the last decade job-hopping across the divide between retailers and their suppliers. Now he will have to settle in and study up on areas where Target needs work.

USDA Overhauls Poultry-Inspection System

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The U.S. Department of Agriculture unveiled on Thursday the first major overhaul of the nation's poultry-inspection system in more than fifty years.

Sony's Smartphone Struggle

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Sony sharply cut its forecast for smartphone sales, dealing a blow to the Japanese electronics maker's hopes for recovery.

Dodgers TV Weighs on Time Warner Cable

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Time Warner Cable's months-long standoff with other major pay-TV distributors over the Los Angeles Dodgers sports channel is likely to weigh on its financial results for the year, the cable operator said Thursday.

Tesla Loss Widens on Spending for Next Model

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Electric car maker Tesla Motors said its second-quarter loss doubled to $62 million on higher spending for overhead and R&D.

Smartphones Are the Next Frontier in Cybersecurity

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Smartphone security will be a focus of the Black Hat security conference in Las Vegas next week as hackers develop new techniques to take over devices without alerting the user.

Argentine Debt Feud Finds Much Fault, Few Fixes

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Argentina's default on $29 billion in debt brought a stock-market selloff and finger pointing by the Argentine government and creditors. But investors held out hope that a resolution to the crisis could be reached.

Alibaba Invests $120 Million in Mobile Gaming Firm

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Alibaba Group Holding is backing another California startup, announcing a $120 million investment in gaming company Kabam Inc. and a partnership to publish and distribute its free-to-play mobile games.

LinkedIn's Growth Accelerates

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LinkedIn's growth unexpectedly accelerated in the second quarter, as the professional social network announced a new push to target sales teams.

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