A Chinese Fracking Bet Goes Wrong

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The Bakken Shale formation has revolutionized North America's energy industry. But an early Chinese private-equity bet into Canada's side of the oil field has little to show for its investment.

'Made in USA' Spurs Lawsuits

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Chinese nets and bolts ensnare Lifetime Products' basketball hoops in litigation over whether they qualify for "Made in USA" labeling.

Doctors Net Billions From Drug Firms

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Drug and medical-device companies paid at least $3.5 billion to U.S. physicians and teaching hospitals during the final five months of last year.

EBay to Spin Off PayPal Business

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Coming competition in paying for everyday purchases with smartphones, including an aggressive entry from Apple, pushed online retailer eBay to reverse course and set free its PayPal unit.

General Mills to Cut 700 to 800 Salaried Jobs

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General Mills said it would eliminate 700 to 800 salaried jobs, adding to a similar number of factory job cuts it announced recently as the maker of Wheaties cereal and Yoplait yogurt tries to cut costs amid flagging sales.

Endo to Settle Vaginal Mesh Legal Claims

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Endo International PLC said it reached agreements to settle substantially all of the claims concerning vaginal mesh products sold by its American Medical Systems Holding Inc. unit.

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