Ferrovial Drops Transfield Bid

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Ferrovial abandoned a takeover bid for Australia’s Transfield Services, a major setback in the Spanish construction company’s plan to compete for billions of dollars of new infrastructure projects Down Under.

Sony Aims to Release 'The Interview,' but How?

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The aborted release of “The Interview” has led to follow-up questions for Sony Pictures Entertainment, as the Hollywood studio’s outside attorney insisted the film “will be distributed.” The chief hurdle: how?

Monday's Deluge to Test UPS's New System

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UPS all year has been focused on one day above the rest: Monday Dec. 22, when it will deliver 34 million packages, more than any other in its history—putting a new high-tech sorting system to the test.

Uneasy Rider: Boomer Deaths in Motorcycle Crashes Jump

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Motorcycle riders between 55- and 64-years-old accounted for 16.3% of motorcycle crash deaths in 2013, up from 9.3% a decade earlier and less than 3% in the early 1990s, according to statistics from the U.S. traffic safety agency.

Former Petrobras Executive Gives Computer Data to Prosecutors

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Documents purportedly show that the company’s chief executive and board of directors were made aware of an alleged bribery scheme as early as 2009.

Xiaomi Valued at More Than $45 Billion

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Xiaomi is raising more than $1 billion in its latest round of funding, valuing the fast-growing Chinese smartphone maker at more than $45 billion, a person familiar with the matter said.

Railcar Bottleneck Looms for Oil

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Thousands of tank cars are likely to be idled because there aren’t enough shops to retrofit tank cars that carry flammable liquids in time to meet proposed federal guidelines, a railway trade group says.

St. Croix Refinery to Stay Closed After Vote

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The mothballed refinery on St. Croix will stay closed after the U.S. Virgin Island’s Legislature voted overwhelmingly against letting a new owner take over the plant.

'The Hobbit' Wins Box-Office Battle

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Latest in Middle Earth saga bests ‘Museum,’ ‘Annie’ with $56.2 million over the weekend.

Dish Drops Two Fox Channels

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Dish Network Corp. is no longer carrying Fox News Channel or Fox Business Network after the parties couldn’t agree on terms of a new distribution pact.

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