Wall Street Journal - US Business News

Deborah Turness was named president of NBC News, as expected. The 46-year-old is the first woman to lead a U.S. broadcast news division.

General Electric said GE Capital's board approved a $6.5 billion dividend payment to the conglomerate, which reflects 30% of the financial arm's planned 2013 earnings.

What's underneath the hood of the latest Xbox videogame console represents a multiyear odyssey of trying to figure out how to keep the machine "cool."

Chesapeake Energy tapped Robert Douglas Lawler, a 46-year-old executive at Anadarko Petroleum, to succeed Chesapeake co-founder Aubrey McClendon as CEO of the nation's second-largest natural-gas producer.

U.K.-listed miner Kazakhmys, the largest shareholder in Eurasian Natural Resources Corp., said it would be willing to consider an offer for ENRC, marking its first response since ENRC rejected an initial $2.2 billion offer.

Stephen King has no plans for a digital edition of his new book, "Joyland," hoping to get more people to shop for it in a physical bookstore.

France's Danone and China Mengniu Dairy struck a deal to expand yogurt production in China. Danone will have a 20% stake in the venture and buy an an indirect 4% stake in Mengniu.

While rising labor costs have become almost routine for global mining firms, locals in Brazil have been willing to take lower-level jobs such as operating a conveyor belt for less than $10,000 a year.

An independent Scotland would have banking assets worth more than 1,250% of Scottish gross domestic product, putting taxpayers at significant risk in the event of another banking crisis, the U.K. Treasury said Sunday.

In a deal that highlights shifting power in technology, Yahoo has agreed to pay $1.1 billion for Tumblr, a blogging site with little revenue but more than 100 million users.

Boeing and its customers are refocusing on fixing more technical issues that affect the reliability of the 787 jet, as the aircraft resumes commercial flights after battery woes that led to a global grounding.

Wal-Mart said two vice presidents at its China operations are leaving, one to "pursue other opportunities" and one for "personal reasons."

This week, when Home Depot and Lowe's report first-quarter results, investors will be looking for reconstruction spending from last year's superstorm Sandy.

Congress hasn't yet agreed to end tax-free shopping on the Internet, but some states already are planning how they'll spend the money.

Budget carrier Ryanair Holdings is targeting expansion in Northern Europe as it pursues an ambitious growth strategy with plans to increase traffic by 25% over the next five years.

Soft European markets were a consistent and negative theme of the first-quarter results from big U.S. industrial companies, and concerns about further deterioration are expected to be a key topic at the annual conference that starts Monday.

'Now You See Me,' to be released May 31 by Summit, hopes to make movie magic without computer-generated special effects. Director Louis Leterrier hired magic consultants, including David Copperfield, to create and execute some of the more complicated illusions.

"Star Trek: Into Darkness" grossed $70.6 million this weekend in the U.S. and Canada, falling short of Paramount Pictures' hopes. But the movie sold better overseas than the 2009 "Star Trek."

Starbucks has penetrated scores of markets over the years, but may face a challenge in Vietnam's deep-rooted coffee culture.

Maersk said stringent cost cuts and higher freight rates helped its container business, but a recent slump in demand is expected to permeate results for the rest of the year.