Novartis Psoriasis Drug Approved in Japan

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Novartis has won approval in Japan for a new psoriasis drug, the first country to give the treatment a green light for commercialization.

RadioShack's Problem: So Many Stores

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RadioShack has shut more stores in the past two months than the rest of the year, though it’s hard to tell the difference. The chain still has a heavy surplus of stores in many local markets.

PlayStation, Xbox Hit by Network Issues

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Microsoft’s Xbox Live and Sony’s PlayStation Networks experienced user-connection problems on Christmas Day, for which a hacker group claimed responsibility.

Japan Post Sets IPO Plans For Next Year

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Japan’s state-owned postal service said Friday the government would sell part of the company to the public as soon as August, and it also disclosed plans to list its banking and insurance units.

A Free-Speech Pitch for 'The Interview'

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About 300 small, niche theaters are showing the movie “The Interview,” which was yanked by Sony last week after big theater chains refused to show it due to a terrorist threat.

Fossil Goes Luxury With Swiss Label

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U.S. watchmaker Fossil hopes $1,595 timepieces will bridge the gap between mass market and high-end.

Shoppers' Rush Gives Hope to Retail

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American shoppers may have delivered a welcome Christmas gift to retailers: the best holiday sales growth in three years.

A Decimated U.S. Industry Pulls Up Its Socks

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Sock manufacturing is making a modest comeback in the U.S., helped by more efficient machines, tepid wage growth and retailers’ desire to give more shelf space to U.S.-made products.

City Living Lures Tech Firms

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Google is one of many fast-growing employers eschewing suburban campuses for clusters in cities, partly in a push to foster collaboration among employees.

At Facebook, Boss Is a Dirty Word

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Facebook has embraced young workers and crafted management techniques around these millennials. Employees are given unusual freedom to choose, and change, assignments and performance reviews are focused on strengths.

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