Samsung to Sell Unit Stakes

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Samsung Group will sell controlling stakes in chemical and defense units for $1.7 billion as South Korea’s largest conglomerate continues restructuring moves ahead of an expected leadership succession.

Tencent, HBO Sign Online Distribution Deal for China

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Time Warner’s HBO signed a deal with Tencent Holdings to distribute its TV dramas and movies through the Chinese Internet giant’s online video site.

Twitter Grants Head of Product $9.5 Million in Equity

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Twitter Inc. gave new product head Kevin Weil a $9.5 million welcome gift in the form of restricted stock units, according to a securities filing.

Houghton Goes Digital to the Core

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Textbook publisher Houghton Mifflin Harcourt, two years out of bankruptcy, is counting on Common Core standards to drive demand for school curriculum products with both print and digital components.

H-P's Revenue Drops Again

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H-P said its profit fell 5.9% for the October quarter on another period of lower revenue as the computer maker continues to show the frailties that prompted its plan to split in two.

Petronas-Led Gas Project Granted Environmental Permit

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British Columbia granted environmental permits to a natural gas export plant backed by Malaysia’s state-owned energy company and two pipelines.

Brazilian Drought Unleashes Flood of Sales for Some Firms

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The worst drought in roughly a century is parching Brazil’s São Paulo state, the country’s economic powerhouse, but the water shortage has produced a gusher of sales for companies selling temporary relief.

Spotify's Revenue Rose in 2013

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Music-streaming company Spotify said revenue rose 74% last year, but added that it remains far from profitable. Expansion efforts weighed on profit.

EPA To Propose Limit to Ozone Air Pollution Wednesday, Sources Say

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The Environmental Protection Agency is planning to announce Wednesday a sweeping federal air-pollution standard limiting ground-level ozone, or smog, in the atmosphere, according to people familiar with the plan.

CEOs' Test: Contending With Activist Investors

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Shareholders have become more assertive in challenging CEOs since the financial crisis. How chief executives respond has become a new measure of their mettle.

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