Rising Rents Outpace Wages in Wide Swaths of U.S.

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The cost of renting a home is rising faster than wages across wide swaths of the country, a problem that has become especially acute in the past year, putting a big squeeze on many household budgets.

NantKwest Gives Biotech Another Big IPO

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These days, a biotech company doesn’t need an approved drug to be worth several billion dollars.

Amazon Lays Out Plan for Drones to Navigate Skies

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Some of the biggest players in the world of commercial drones are drawing up plans for how to safely manage the growing flock of unmanned vehicles in what are quickly becoming crowded skies.

BP Posts $6 Billion Loss

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BP swung to a loss, as earnings were hit by lower oil prices and a multibillion-dollar charge relating to its recent Deepwater Horizon settlement.

Brazil Struggles With Inflation, and Expectations

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Brazil’s central bank will almost certainly raise its benchmark interest rate for the 16th time in just over two years in a bid to fight escalating inflation, but prices aren’t cooperating.

Reynolds American Lifts Earnings Outlook

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Reynolds American lifted its earnings outlook for the year, reflecting strong sales from its recently acquired Newport brand and a dramatic slowing in the industrywide rate at which cigarette smoking is falling off.

Harper Lee's Lawyer Expands Role

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Harper Lee’s lawyer, Tonja Carter, is the author’s chief spokeswoman and advocate. Recently, Ms. Carter has taken on a new role: theater producer.

Wanted in China: Public Face to Calm Turbulent Markets

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Wanted in China: a reassuring face to tell panicking investors that everything will be all right.

Rent-to-Own Homes Make a Comeback

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Wall Street firms have found a new way to profit from consumers with blemished credit who can’t qualify for a mortgage: let them rent a home first with the option to buy it later.

Relistings of Chinese Tech Firms Are in Limbo

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China’s market rout has left in limbo many small technology companies that had planned to return home after listing in the U.S.

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