Tesco Nears $7 Billion Korea Deal

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Retailer Tesco has chosen Asian private-equity firm MBK Partners as the preferred bidder to buy its South Korea retail operations, in a deal that could be worth up to $7 billion.

The Moment When Humans Matter

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A string of messy market openings in recent weeks has reinvigorated a debate about ‘Rule 48’ and the relative effectiveness of humans in the stock trade.

Lawyer in Visa-MasterCard Antitrust Pact Got Information From Rival

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Keila Ravelo, a lawyer who is at the center of a controversy surrounding a record-setting $6 billion antitrust settlement, acknowledged that she received confidential information from a rival lawyer to advise her client.

U.S. Productivity Increased at Fastest Pace Since 2013

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U.S. worker productivity grew much more than initially thought in the second quarter—at a 3.3% clip—reflecting a bounce back in economic activity following a slow start to 2015.

Private-Sector Jobs Rise Modestly

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Private-sector payrolls in August expanded at a more modest-than-expected clip, adding 190,000 jobs, according to an employment survey.

Elves, Ninjas, Currency Power Lego Earnings

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Lego said its 31% jump in first-half profit and 23% rise in revenue was fueled by strong sales of its Ninjago and Elves sets, but also by the weakness of the Danish krone and the euro.

Former Intel Gadget Specialist to Head Silver Spring Networks

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Michael Bell will become chief executive of Silver Spring Networks and spearhead efforts to diversify into technology for the “Internet of Things.”

U.S. Drivers Will Put Oil Prices in Reverse

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Ahead of the Tape: Pressure on crude-oil demand may rise as driving season ends and U.S. refineries approach turnaround season.

The Bad News in Strong Car Sales

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Despite the stumble in stocks, auto sales were strong last month. That should reassure the Federal Reserve on consumers’ ability to weather market turmoil.

Apple's Original Programming Idea: Unproven and Unoriginal

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Just because Apple may be getting into original content doesn’t mean it can make good shows.

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