George Pataki drops out of the presidential race.
KaloBios Pharmaceuticals files for bankruptcy.
China Telecom Chairman Chang Xiaobing resigns days after being detainedin an anti-corruption probe.
Fairchild gets revised offer from Party G.
Turkish police thwart ISIS-planned New Year’s Eve attack.
Apple agrees to pay $348 million to settle tax dispute with Italy.
Spotify is sued for $150 million over alleged unpaid royalties.
Disney is working on a gravity-defying robot that can scale walls.
Foodpanda lays off 15 percent of its staff in India.
Martha Stewart frying pans are recalled for causing welts and burns.
CD Capital raises $233 mln for third natural resources fund.
Welsh Carson hits $3 bln target on Fund XII.
Year in Review: Plenty of angels and unicorns were spotted in 2015.
Photo of dog with injured paw courtesy of Shutterstock