An Airbnb for Construction Firms

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A Caterpillar-backed online marketplace is matching heavy-equipment dealers and owners to potential renters, calling itself an Airbnb-like rental facilitator for construction companies.

Shanghai Stocks Plummet After Months of Gains

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Chinese stocks were rocked by a sharp selloff that left Shanghai 6.5% lower, a sudden reversal of fortune for one of the world’s top-performing markets this year.

Pending Home Sales Hit Nine-Year High

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A forward-looking gauge of U.S. home purchases rose for the fourth straight month in April and reached their highest level in nine years—the latest evidence of firming demand in the housing market.

Teva, FTC Reach $1.2 Billion Settlement

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Teva Pharmaceutical Industries will pay $1.2 billion to settle government allegations its Cephalon subsidiary paid generic-drug makers to delay competing versions of the sleep-disorder drug Provigil.

Smith & Nephew's Cut-Price Solo Strategy

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A year after Stryker eyed a deal to buy Smith & Nephew, the U.K. company is trying to disrupt the status quo in U.S. orthopedics. That is worth watching.

Mental-Health Screenings for Pilots Under Review

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The FAA has set up an advisory group to consider possible changes in mental-health screening of U.S. commercial pilots.

Google's Search for Platforms on Display

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Google this week will make a renewed push for developers to work with Android for wearable devices, Internet-connected TVs, cars and virtual reality at its I/O conference.

Stock Traders Pile In at Close

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The middle of the day has become awfully quiet on the U.S. stock market, as index funds and computer models push the action toward the end of the trading day.

Argentina Regains Allure to Investors

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Hedge funds are piling into investments in a most unlikely locale: Argentina.

Broadcasters Shop at Home

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ABC and Fox have sharply increased the number of shows they own for next fall’s TV season to better wring dollars from reruns, VOD, and streaming.

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