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The US prisoner of war who built a $180m company Read more »

Members of the troubled Co-operative Group vote overwhelmingly in favour of reforming how the business is run. Read more »

DealBook: Barclays Agrees to Lend Detroit $275 Million to Exit Bankruptcy

Part of the proceeds will be used to retire a $120 million loan, in addition to $100 million that will go towards paying two classes of bankruptcy creditors. The remaining amount is to be invested in public improvements.






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Retiring: Increasingly, Retirees Dump Their Possessions and Hit the Road

More retired Americans are getting rid of their homes and traveling, with 360,000 of them receiving Social Security benefits at foreign addresses.






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Markets Are Mixed Ahead of Economic Reports
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DealBook: To Compete Against Alibaba, Wanda Joins Forces With Baidu and Tencent
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Chief Executive of Rovio, Maker of Angry Birds Game, to Step Down
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Cautious U.S. Consumers Cut Spending and Increase Savings
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Shell Submits a Plan for New Exploration of Alaskan Arctic Oil
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Anonymous Site Spurs Talks Between Nikki Finke and Ex-Boss
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Evictions Soar in Hot Market; Renters Suffer
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DealBook: Vivendi Unit in Brazil Has a Spanish Buyer
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Bits Blog: With $30 Million More in Hand, IFTTT Looks to the Internet of Things
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Bits Blog: Questions for IBM??™s Watson
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High & Low Finance: In China, Detecting Fraud Riskier Than Doing It
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Business Briefing: American Bank Earnings Rise to $40.2 Billion
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Business Briefing: Dollar General Reports Disappointing Sales Growth
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Advertising: Paying Homage to an Illustrator From the Industry??™s Golden Era
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Business Briefing: Abercrombie & Fitch to Cut Logo Items After Sales Decline
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Business Briefing: Barbecue Chain to Drop Oklahoma From Name
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