Wanted: Risk Takers

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South Korea is looking to transform a culture that penalizes business failure into one that lets startups thrive, and it's starting by encouraging risk-taking entrepreneurs.

Former Coal Tycoon Sells Whitehaven Stake

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Nathan Tinkler, one of Australia's best-known mining entrepreneurs, has sold his biggest investment to lenders at a time when the price of coal is showing little sign of recovery.

Maker of 'Candy Crush Saga' Plans IPO

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The publisher of the hit mobile game "Candy Crush Saga" has hired banks to pursue a U.S. initial public offering, according to people familiar with the move.

Dish Network Drops Its Pursuit of Sprint

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Dish Network said it won't submit a new offer for Sprint Nextel by its Tuesday deadline, a move that appears to clear the way for the third largest U.S. wireless carrier to be bought by SoftBank of Japan.

Touch, Swipe, Descend to 35,000 Feet

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Airliner cockpit panels by decade's end could resemble giant iPads, as the current dizzying array of knobs and switches gives way to touch screens.

Smithfield Chief Stands to Get Big Haul on Deal

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Smithfield Foods's CEO could receive more than $46 million in merger-related payments after helping to orchestrate his company's sale to China's Shuanghui for $4.7 billion.

Tata Motors to Launch Upgraded Versions of Cars

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Tata Motors announced the launch of eight upgraded versions of its passenger vehicles, including those of the Nano minicar, Indica hatchback, Sumo sport-utility vehicle.

H&M Plans Online Sales Push

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Swedish fashion retailer Hennes & Mauritz is expanding its online sales channels to include several new countries in 2014, as second-quarter net profit fell more than analysts had expected.

Alcatel-Lucent to Slim Down

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Alcatel-Lucent plans to rework its balance sheet and significantly tighten its focus to a handful of core businesses, in an effort to return the telecommunications-equipment maker to profitability, the company said.

Boeing 787 Makes Unscheduled Landing

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A Boeing 787 Dreamliner operated by United Airlines on a flight from Denver to Tokyo made an unscheduled landing in Seattle because of an apparent problem with an engine oil filter. There was no fire.

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