Bang & Olufsen Sounds Profit Warning

Related Link: 

Danish high-end consumer electronics company Bang & Olufsen has cut its earnings guidance for the current fiscal year, citing production ramp-up and supply-chain issues.

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

Related Link: 

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?

Australia's Infrastructure Plans Spur Deals

Related Link: 

The winners and losers of Australian Prime Minister Tony Abbott’s call last year to become an “infrastructure prime minister” are becoming clearer after a raft of deal-making.

Caesars Entertainment to Acquire Affiliate

Related Link: 

Caesars Entertainment plans to acquire affiliate Caesars Acquisition in a stock-for-stock merger, according to people familiar with the matter.

Why Saudis Decided Not to Prop Up Oil

Related Link: 

Behind OPEC’s decision not to cut crude output was Saudi Arabia’s view that America’s energy boom poses a new threat—one factor in a growing distance between the two allies.

New Hepatitis C Drug Gets Helping Hand

Related Link: 

Express Scripts will make an AbbVie drug the exclusive option for patients with the most common form of hepatitis C. The move will help the drug maker take market share from Gilead, maker of Sovaldi.

Uneasy Rider: Boomer Deaths in Motorcycle Crashes Jump

Related Link: 

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.

China's Hopu Among Xiaomi Investors

Related Link: 

Chinese private-equity firm Hopu Investment Management is among investors putting a total of just over $1 billion into Xiaomi in a deal valuing the smartphone maker at over $45 billion, according to a person familiar with the situation.

Not Quite Checkmate for the Bundesbank

Related Link: 

The Bundesbank is now powerless to stop the eurozone’s debts becoming mutualized on the ECB’s balance sheet. But acquiescing might secure for Germany some degree of control over surrender terms, says Simon Nixon.

Monday's Deluge to Test UPS's New System

Related Link: 

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.

Syndicate content