Fossil Goes Luxury With Swiss Label

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U.S. watchmaker Fossil hopes $1,595 timepieces will bridge the gap between mass market and high-end.

Shoppers' Rush Gives Hope to Retail

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American shoppers may have delivered a welcome Christmas gift to retailers: the best holiday sales growth in three years.

A Decimated U.S. Industry Pulls Up Its Socks

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Sock manufacturing is making a modest comeback in the U.S., helped by more efficient machines, tepid wage growth and retailers’ desire to give more shelf space to U.S.-made products.

HeidelbergCement to Sell Assets

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Germany’s HeidelbergCement has agreed to sell operations in North America and the U.K. for $1.4 billion to a U.S. affiliate of Lone Star Funds.

Australian M&A Reflects Reversal of Fortune

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A decade ago, battered Australian technology stocks became the target of reverse takeovers by resources companies. Now, the opposite is happening.

Drug Prices, M&A Top the Agenda for '15

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Pharmalot: A new year always brings new challenges, and the pharmaceutical industry certainly has its share, says columnist Ed Silverman.

One Banker's Big Deal: College Basketball Scholarships

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Citigroup’s top energy banker spent a decade grooming some of Houston’s most talented basketball players, many from less-privileged backgrounds. Now, the payoff: Several are drawing notice on leading college teams.

Cross-Border Mergers Face Growing Scrutiny

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Many deals are running into a growing corps of global deal cops, each wanting a say over transactions that touch their industries, economies or interests.

Even Bitcoin's Fans Prefer to Keep Cash

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More merchants are accepting the virtual currency as payment, but its volatility means few are willing to keep it.

Uber CEO Indicted in Seoul

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South Korean prosecutors have indicted Uber Technologies Inc. Chief Executive Officer Travis Kalanick and his Korean partners for violating a public-transport law.

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