Business

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Novartis CEO Steers Drug Maker Back to R&D

Novartis AG has spent the past five years getting smaller. Its new chief executive has to decide soon...

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Budget Deal Likely to Deliver Hefty Business to Defense Companies

The recent budget deal has handed U.S. defense companies an extra $75 billion over the next two years...

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The Robots Are Coming for Garment Workers. That’s Good for the U.S., Bad for Poor Countries

DHAKA—At the Mohammadi Fashion Sweaters Ltd. factory in Bangladesh’s capital, a few dozen workers stand watching as 173...

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Avis Budget’s Largest Investor Launches Fight for Three Additional Board Seats

The largest investor in Avis Budget Group Inc. is launching a fight to shake up the car-rental car...

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AT&T Targets DOJ Antitrust Chief in Time Warner Fight

WASHINGTON—AT&T Inc. is considering an unusual gambit in the coming trial over its $85 billion bid to buy...

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Inflation Starts to Make a Comeback

WASHINGTON-—A closely watched gauge of U.S. consumer prices offered fresh evidence that a long run of very low...

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AT&T Lays Groundwork to Challenge Antitrust Lawsuit’s Legitimacy

WASHINGTON—AT&T Inc. is considering an unusual bid to seek testimony from the Justice Department’s antitrust chief in the...