Wall Street Journal

• Tesla's Brick Wall: Auto Dealers (Tue, 18 Jun 2013 14:52:45 EDT)
  Tesla's Elon Musk has made a fortune disrupting the status quo in online shopping and renewable energy. Now, he's up against his toughest challenge yet: local car dealers.
  
• Testing Asthma Drugs on a Microchip (Tue, 18 Jun 2013 13:24:56 EDT)
  Forget lab rats. Researchers are testing medicines on a silicon chip that could provide a better read on how a drug will work.
  
• Maker of 'Candy Crush Saga' Plans IPO (Tue, 18 Jun 2013 16:47:41 EDT)
  The publisher of the hit mobile game "Candy Crush Saga" has hired banks to pursue a U.S. initial public offering, according to people familiar with the move.
  
• Royalty Pharma's Offer for Elan Lapses (Tue, 18 Jun 2013 16:45:38 EDT)
  Royalty Pharma withdrew its request for a judicial review of Irish takeover laws following its foiled bid worth up to $8 billion for biotechnology company Elan, formally ending its pursuit.
  
• Chrysler Bows to Jeep Recall (Tue, 18 Jun 2013 16:21:22 EDT)
  Chrysler said it would recall 2.7 million Jeeps to strengthen the vehicles, reversing course after initially rejecting a regulator's request for the recall after a study found a higher rate of fire after collisions than other SUVs.
  
• Battle Brews Over E-Cigarettes (Tue, 18 Jun 2013 16:38:25 EDT)
  The growing popularity of electronic cigarettes has divided regulators and antismoking activists just as Europe gets ready to tighten its tobacco laws.
  
• United Adds to Elite-Flier Requirements (Tue, 18 Jun 2013 16:17:05 EDT)
  United Airlines said it would add a minimum annual spending level that passengers will have to meet to qualify for elite frequent-flier status.
  
• Icahn Urges Dell Launch Tender Offer (Tue, 18 Jun 2013 16:23:49 EDT)
  Carl Icahn called for Dell to launch a tender offer for up to $16 billion of its shares, and he also bought about 72 million shares, making him the second-largest holder in the company.
  
• Lilly's Zyprexa Under Scrutiny (Tue, 18 Jun 2013 11:34:49 EDT)
  Federal regulators are investigating the death of two people who received an injection of an Eli Lilly antipsychotic drug.
  
• Court Urges Ex-Im Bank to Refine Jet-Review Process (Tue, 18 Jun 2013 15:05:41 EDT)
  A U.S. federal appeals court called on the Export-Import Bank of the U.S. to review its procedures in approving $3.4 billion in loan guarantees to Air India to buy as many as 30 long-range jets from Boeing.
  
• Slide Continues for European Auto Makers (Tue, 18 Jun 2013 14:22:56 EDT)
  New car registrations in the European Union tumbled 5.9% in May over a year earlier to 1.04 million vehicles, the lowest for the month in 20 years.
  
• How to Interpret Bernanke's Message on Bond Buying (Tue, 18 Jun 2013 15:57:48 EDT)
  Capital: Columnist David Wessel lays out the telltale signs to watch for on whether Fed chief Ben Bernanke clarifies or clouds the central-bank message on the fate and rate of its bond-buying program.
  
• CNPC, Partners Sign Tajikistan Oil and Gas Deal (Tue, 18 Jun 2013 12:27:36 EDT)
  China's CNPC, France's Total and Anglo-Canadian Tethys signed an agreement to develop oil and gas assets in Tajikistan, as Chinese companies continue to pursue energy abroad.
  
• Shipping Lines Form Pact (Tue, 18 Jun 2013 13:30:31 EDT)
  Maersk, CMA CGM and Mediterranean Shipping plan to create an alliance to operate three routes in an effort to tackle one of the worst down-cycles in the industry.
  
• Libor Charges Likely in U.K. (Mon, 17 Jun 2013 22:53:42 EDT)
  British prosecutors plan to file criminal fraud charges against former UBS and Citigroup trader Tom Hayes for allegedly trying to manipulate benchmark interest rates.
  
• How Clearwire Became a Darling (Tue, 18 Jun 2013 13:39:23 EDT)
  Clearwire, long the U.S. wireless industry's most embattled carrier, has emerged In recent months as its crown jewel.
  
• Setback for Pacts That Delay Sale of Generics (Tue, 18 Jun 2013 07:13:24 EDT)
  The U.S. Supreme Court ruled that courts should give more scrutiny to pharmaceutical industry patent settlements that can delay the entry of generic drugs.
  
• China Miner Looks to Canada (Tue, 18 Jun 2013 14:30:15 EDT)
  China Minmetals said it is considering making a bid for Rio Tinto's $4 billion Canadian iron-ore operations.
  
• Airbus A380 Gets a Lift (Tue, 18 Jun 2013 06:42:29 EDT)
  Airbus got a boost for its A380 superjumbo, as German leasing company Doric placed a preliminary order for 20 of the two-deck jets.
  
• Boeing Signs Customers for Stretch 787 (Tue, 18 Jun 2013 14:45:34 EDT)
  Boeing signed up five customers for a new stretched version of its Dreamliner, evidence of fresh sales momentum for the 787.
  
• Loeb's Third Point Raises Sony Stake (Tue, 18 Jun 2013 16:16:53 EDT)
  Investor Daniel Loeb's hedge fund Third Point has boosted its stake in Sony to 6.9%, ratcheting up a bid to convince the Japanese electronics giant to launch an initial public offering of its entertainment division.
  
• Starbucks Puts Calorie Counts on Menus (Tue, 18 Jun 2013 09:31:32 EDT)
  Starbucks is posting its calorie counts on menu boards nationwide beginning next week, making it easier for customers to decide just how many Frappuccinos their waistline can handle.
  
• China's Top Milk Producer Bulks Up (Tue, 18 Jun 2013 09:11:28 EDT)
  China Mengniu Dairy is buying a majority stake in smaller rival Yashili in an effort to bulk up its stake in China's scandal-tainted dairy sector.
  
• Stora Enso Cuts 2,500 Jobs (Tue, 18 Jun 2013 08:31:13 EDT)
  The layoffs underscore the difficulties faced by European papermakers as consumer shift from printed to digital reading sources.
  
• Duke Energy Names New CEO (Tue, 18 Jun 2013 10:56:42 EDT)
  Duke Energy named finance chief Lynn Good as its next chief executive, succeeding Jim Rogers, who will continue as chairman until his retirement at year end.
  
• Liberty Global in Talks to Buy German Cable Firm (Tue, 18 Jun 2013 05:44:22 EDT)
  John Malone's Liberty Global is in talks to buy Germany's biggest cable operator, Kabel Deutschland, a move that could set off a bidding war with Vodafone. Liberty Global has been expanding aggressively in Europe.
  
• Airlines' Passenger-Satisfaction Improves (Tue, 18 Jun 2013 09:31:38 EDT)
  Major U.S. airlines improved their passenger-satisfaction scores for the second consecutive year, according to a poll to be released Tuesday, but they remain near the bottom of the poll's benchmark industries.
  
• Mexico Seeks Open Energy Market (Tue, 18 Jun 2013 10:48:58 EDT)
  President Enrique Peña Nieto will seek to end a taboo of nearly eight decades by opening the state-run oil and gas industry to private investment and competition.
  
• Studies Fail to Back Medtronic Spine Product (Tue, 18 Jun 2013 09:26:02 EDT)
  Two independent studies—part of an experiment in lifting the veil on industry-sponsored trial data—found a Medtronic bone-growth product for spine surgeries was no better than a traditional operation.
  
• 7-Elevens Allegedly Targeted Immigrants (Mon, 17 Jun 2013 22:41:13 EDT)
  Federal prosecutors charged nine people with employing more than 50 illegal immigrants at 14 7-Eleven franchises in New York and Virginia.
  
• Smithfield to Review Starboard Letter (Mon, 17 Jun 2013 20:43:41 EDT)
  Smithfield Foods said it will review a letter from major investor Starboard Value pressuring the pork producer to explore a breakup instead of following through with its planned takeover by Chinese meat producer Shuanghui, but said it continues to believe the proposed merger is in the best interests of the company and its shareholders.
  
• Private Equity Joins Fish-Feed Frenzy (Mon, 17 Jun 2013 16:03:05 EDT)
  Private-equity firms Altor and Bain Capital offered $1.08 billion for the fish-feed unit of Norway's Cermaq, after it rejected advances from rival Marine Harvest.
  
• ABB Names New CEO (Mon, 17 Jun 2013 13:24:07 EDT)
  Ulrich Spiesshofer will become ABB's chief executive effective Sept. 15, ABB said. He has been head of the discrete automation and motion division since 2009.
  

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