Canada Raises C$2.1 Billion in Wireless-Spectrum Auction

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The Canadian government raised 2.1 billion Canadian dollars in a wireless-spectrum auction aimed at fostering greater competition and bringing down prices for mobile services in the country.

Eli Lilly Loses Alimta Patent Case

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A German court ruled that Eli Lilly & Co. cannot prevent a competitor from selling a generic form of its key Alimta cancer drug once the patent expires this December.

Elaine Wynn Launches Bid for Board Seat

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Wynn Resorts co-founder Elaine Wynn launched a bid to remain on the board, the latest power struggle at the casino operator.

Limits Sought on GMO Corn as Pest Evolves

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U.S. regulators are proposing limits on the planting of some genetically engineered corn to combat a voracious pest that has evolved to resist the bug-killing crops, a potential blow to makers of biotech seed.

Oil Sparks Storage Dilemma

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As oil-storage tanks near capacity, some analysts predict the spillover will send crude prices even lower.

Tribune Media Earnings More Than Double

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Tribune Media Co. posted upbeat revenue guidance for the year, as higher advertising revenue and retransmission fees helped its earnings more than double in the December quarter.

Foot Locker Results Top Expectations

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Foot Locker posted better-than-expected results in its holiday quarter as the sportswear retailer continues to benefit from strong sales growth.

Big Lots Posts Soft Guidance

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Big Lots Inc. reported its fourth consecutive quarter of same-store sales growth, but warned that sales for fiscal 2015 would be flat.

Eurozone Growth Drivers Broad-Based

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The modest pickup in eurozone economic growth in the final months of last year was aided by rising investment and exports, a boost to hopes that the currency area’s recovery will strengthen this year.

Sompo Japan to Buy Stake in France's Scor

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Sompo Japan Nipponkoa Holdings said it has decided to spend about $915 million to buy a stake in French reinsurance giant Scor.

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