Yahoo Japan Finds a Friend in Alibaba

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Yahoo Japan’s operational tie-up with Alibaba makes sense, and could portend a more serious relationship.

Level 3 Tries to Waylay Hackers

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Internet traffic carrier Level 3 Communications is taking an aggressive—and some say risky approach—to hacking by monitoring for criminal groups and isolating traffic believed to contain stolen data.

Snapchat Raises Another $500 Million From Investors

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Snapchat disclosed it has raised more than $500 million in new funding from Alibaba and other investors, in a financing that values popular messaging service at $16 billion.

Asia a Magnet for Metal Traders

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Global commodities traders are seeking new places in Asia to store billions of dollars-worth of metals to drive down costs—which also helps reduce scrutiny of their market position.

Bristol's Shares Take Hit From Cancer-Drug Results

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A new Bristol-Myers cancer drug that works by unleashing the body’s immune system showed benefits for lung-cancer patients, but the clinical trial’s results disappointed investors.

Wells Fargo Open to Financing Other GE Deals

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Wells Fargo Chief John Stumpf said the bank may finance other General Electric deals as they unfold, but he wouldn’t make any predictions about whether the bank would be a buyer.

Greek Bank Deposits Fall Further

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Embattled Greek banks have been hit with more damaging data that showed savers withdrew funds at a rapid clip in April. But some high-profile investors have backed the lenders in recent months.

AmEx President Dies on Plane

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The president of American Express, Edward Gilligan, who was viewed as a likely successor to CEO Kenneth Chenault, died on the way home from a business trip.

AmEx President Dies on Plane

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The president of American Express, Edward Gilligan, who was viewed as a likely successor to CEO Kenneth Chenault, died on the way home from a business trip.

Health Insurer Humana Explores Sale

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Humana is exploring a possible sale of the company, a move that could trigger a round of mergers in an industry grappling with challenges and opportunities created by the federal health-care overhaul.

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