High Hopes Ride on IPO in Wake of Smithfield Deal

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If the initial public offering of Chinese pork producer WH Group goes through as expected Tuesday, it will be one of the first things to go right for the company since its purchase of Smithfield Foods last year.

Meat Supplier to Beef Up Management in China

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The U.S. owner of an embattled Shanghai meat supplier said it is assigning new managers to its China business following allegations it sold expired meat to fast-food chains such as McDonald's.

A New Room Key at the Hilton: Your Smartphone

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Hilton is placing a $550 million bet that hotel guests increasingly will use smartphones to choose rooms, check in and even unlock doors.

Zillow to Buy Real-Estate Rival Trulia

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Zillow has reached a deal to buy rival Trulia, an expected agreement that brings together two of the biggest names in the fast-growing market for online real-estate information.

Chinese Officials Visit Microsoft's China Offices

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Chinese corporate regulatory officials on Monday visited Microsoft's offices in four Chinese cities, according to people familiar with the matter.

Cal-Maine Profit, Sales Improve

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Cal-Maine Foods swung to a fiscal fourth-quarter profit amid improving sales and as the year-earlier period was weighed down by an antitrust litigation settlement.

Reckitt Benckiser to Spin Off Pharmaceuticals Unit

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Reckitt Benckiser said it would pursue a demerger of its pharmaceutical division, as the consumer-products maker reported a fall in second-quarter revenue.

Cummins Profit Rises 7.7%, Raises Revenue Outlook

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Engine manufacturer Cummins Inc. said its second-quarter earnings increased 7.7%, driven by strong sales in North America and of heavy-duty truck engines.

GM Boosts Korea Wages

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General Motors Co.'s South Korean unit said Monday it had tentatively agreed on new wage terms for the year with its labor union, potentially averting a strike.

Virgin America Files for IPO

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Virgin America filed a registration for an initial public offering with the U.S. Securities and Exchange Commission, a move that had been anticipated for several months.

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