U.S. FIRMS FEEL LESS WELCOME IN CHINA

Growing numbers of U.S. businesses say they feel unwelcome in China amid a crackdown on monopoly pricing and corruption that they say unfairly targets foreign companies.

MCDONALD'S OVERHAULS FOOD-SAFETY STRATEGY IN CHINA

McDonald's is overhauling its food-safety strategy in China after problems with a supplier hit the fast-food chain's image and eroded sales in the country.

ERIC CANTOR TO JOIN WALL STREET INVESTMENT BANK

Eric Cantor plans to join boutique investment bank Moelis & Co., as the recently defeated House majority leader embarks on a new career on Wall Street.

COMPUWARE NEARS DEAL TO SELL ITSELF

Compuware is nearing a deal to sell itself, according to people familiar with the matter. The Detroit-based software developer is in advanced talks with a private-equity buyer, one of the people said.

SANDVIK SELLS DISTRIBUTION BUSINESS IN AUSTRALIA, NEW ZEALAND

Sandvik's Materials Technology unit has sold its distribution business in Australia and New Zealand to steel distributor Vulcan Steel for an undisclosed price, it said Tuesday.

OSI'S CASE SHOWS PERILS FOR BUSINESS IN CHINA

OSI has become a lesson in the perils faced by foreign companies in China, when their operations are under unprecedented scrutiny by regulators and state media and negative publicity can destroy a business almost overnight.