Apple Pay Rolls Out, With Holes

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Apple Inc. on Monday will begin its bold undertaking to add a wallet to its iPhones. Participants include McDonald’s, Whole Foods and Walgreen. Yet the service won’t be ubiquitous overnight.

Tesoro Logistics Buying QEP Natural-Gas Business

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Tesoro Logistics is buying a natural-gas pipeline and processing business owned by QEP Resources in a $2.5 billion deal, the companies said late Sunday.

Globalfoundries to Take Over IBM Chip Unit

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IBM will pay Globalfoundries $1.5 billion to take over IBM’s semiconductor operations.

Chinese Stimulus Fuels Hope for Copper

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Copper prices clung to $3 a pound last week as encouragement over stimulus efforts by China offset worries about slowing global growth.

Clouds Hang Over Strong Quarter for Banks

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Banks may not be finished tightening their belts, with low interest rates likely continuing to squeeze the profitability of lending and trading remaining a volatile source of revenue.

'Fury' Chases Away 'Gone Girl' at Box Office

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Brad Pitt’s World War II drama took in $23.5 million, leading a cluster of weak debuts for several new films.

Comings & Goings: News Digest

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Denis McInerney, a lawyer recruited to oversee the Justice Department’s fraud section after the financial crisis, is returning to private practice at Davis Polk.

Partner Exits Magnify Woes of Destabilized Law Firms

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Rainmaking attorneys at troubled law firms are tempting targets for poaching. But raids of key lawyers or practice groups can further destabilize struggling firms.

Solid Profits Expected for U.S. Airlines

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A flock of U.S. airlines is expected to report strong quarterly profits, following the lead of Delta Air. Carriers’ share prices, however, have been battered by concerns from a global economic slowdown to Ebola.

Syngenta Faces More Suits Over GMO Corn Seeds

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Syngenta faces escalating legal battles over its sale of genetically engineered corn seeds that some farmers and agricultural companies say have roiled international grain markets this year.

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