China Manufacturing Picks Up

An official gauge of China’s manufacturing sector edged up in December, helped by robust infrastructure spending, signaling a slight gain in momentum for the world’s second-largest economy.

from WSJ.com: US Business http://ift.tt/1IHCIsw
via IFTTT

Coca-Cola Plant In Yemen Destroyed By Airstrikes

A Coca-Cola plant in Yemen was destroyed by apparent Saudi-led coalition airstrikes, the latest civilian infrastructure to be hit in the nine-month conflict.

from WSJ.com: US Business http://ift.tt/1P3HLA7
via IFTTT

FAA Proposes Fixes to Boeing 767 Emergency Escape Slides

Federal aviation regulators are proposing safety fixes affecting more than 300 Boeing 767 jetliners to prevent the unexpected deployment of emergency escape slides.

from WSJ.com: US Business http://ift.tt/22BlX8L
via IFTTT

Crédit Agricole to Pay $99 Million Penalty to Department of Justice

The Swiss unit of French bank Crédit Agricole said it has agreed to pay a $99 million penalty to the U.S. Department of Justice as part of a nonprosecution agreement over its conduct toward U.S. taxpayers.

from WSJ.com: US Business http://ift.tt/1NY6eXN
via IFTTT

EMC to Cut Jobs Next Year

Data-storage company EMC Corp., which is in the process of being taken private by Dell Inc., said it would make an unspecified number of job cuts as part of an $850 million cost-reduction plan.

from WSJ.com: US Business http://ift.tt/22Bf7A4
via IFTTT

First Tanker of U.S. Crude for Export Launches

The first oil tanker of freely traded U.S. crude launched Thursday afternoon from the Port of Corpus Christi, about 160 miles north of the Texas border with Mexico.

from WSJ.com: US Business http://ift.tt/1P3rOdd
via IFTTT

Fire in Dubai Rages Near World's Tallest Building

A New Year’s Eve fireworks extravaganza at the world’s tallest building went on as planned here on Thursday night, despite a fire raging at a nearby hotel that has injured at least 16 people.

from WSJ.com: US Business http://ift.tt/1R0V36h
via IFTTT

China's Stock-Market Regulator Is Investigating Citic Securities

The move is an escalation of an existing probe into irregularities at the country’s biggest brokerage.

from WSJ.com: US Business http://ift.tt/22B5wJM
via IFTTT

GM Loses Bid to Avoid Trial Over Ignition Switch's Defect

The first case against General Motors Co. over its faulty ignition switches can proceed to trial after a federal judge rejected the auto maker’s bid to dismiss the allegations in the case outright.

from WSJ.com: US Business http://ift.tt/1Ov0VOJ
via IFTTT

Will the New Year Be Sweet '16 for Deals?

Stars that had long been out of alignment came together to make 2015 the best year ever for mergers and acquisitions and set up what could be another frenzied stretch in 2016.

from WSJ.com: US Business http://ift.tt/1ZDC2Zm
via IFTTT

From Oil Glut to Shortage? Some Say It Could Happen

As the oil glut has sent prices to decade lows, plummeting investment by oil producers means fewer barrels will be pumped.

from WSJ.com: US Business http://ift.tt/1mqRXvr
via IFTTT

Puerto Rico to Make Crucial Debt Payment

Gov. Alejandro García Padilla said Puerto Rico will make the most crucial of its roughly $1 billion in bond payments due Jan. 1, in a bid to stave off creditor lawsuits. About $37 million in payments on bonds with weaker legal protections will be missed.

from WSJ.com: US Business http://ift.tt/1mqRXvp
via IFTTT

Microsoft to Alert Users to Suspected Government Snooping

Microsoft said it plans to begin informing users of its online email and file-storage services if it suspects that attackers associated with government agencies have tried to break into their accounts.

from WSJ.com: US Business http://ift.tt/1JgPJJt
via IFTTT

ConocoPhillips, NuStar Set for First Exports of U.S. Crude

ConocoPhillips and NuStar Energy on Thursday plan to finish loading what will be the first tanker of freely traded U.S. crude oil in 40 years.

from WSJ.com: US Business http://ift.tt/1VqTL3D
via IFTTT

1MDB Sells Majority Stake in Real-Estate Project for $1.7 Billion

1Malaysia Development agreed to sell a majority stake in Bandar Malaysia, a real-estate project in Kuala Lumpur, to a consortium that includes a state-owned Chinese company, for about $1.7 billion.

from WSJ.com: US Business http://ift.tt/1PytxtN
via IFTTT

DOJ Investigating Blue Bell Creameries Response to Listeria Contamination

The U.S. Justice Department has launched a criminal investigation into Blue Bell Creameries over a listeria contamination of its ice cream earlier this year that was linked to three deaths and multiple other illnesses.

from WSJ.com: US Business http://ift.tt/1QZOWQ2
via IFTTT

The Deal Makers Behind 2015's Biggest Tie-Ups

Behind the surge in takeovers in 2015 were the deal makers: the bankers, lawyers and others who advised on the tie-ups—often earning fees running well into the millions. Here are some who were particularly active.

from WSJ.com: US Business http://ift.tt/1TqCoPj
via IFTTT

Golfer's Hedge Fund Makes Bid For Nabi Maker

A hedge fund founded by Greg Norman, the Australian golf great known as “The Great White Shark,” is bidding $10 million for the bankrupt manufacturer of the Nabi children’s tablet.

from WSJ.com: US Business http://ift.tt/1TqxjGy
via IFTTT

Giant Container Ship Unloads at Port of Los Angeles

he Benjamin Franklin, the largest container vessel ever to visit a U.S. port, completed its stop in Los Angeles ahead of schedule, providing a good a test of preparations and logistics to handle the container activity that such megaships present. 

from WSJ.com: US Business http://ift.tt/1Sn6One
via IFTTT

Time to Rethink Your Airline Credit Card

With all the recent changes to frequent-flier programs, it may be time to shuffle your credit cards. Frequent fliers can still get good deals, but may find better value from hotels or cash-back programs.

from WSJ.com: US Business http://ift.tt/1TqmUe1
via IFTTT

Energy Megadeals Were Scarce in 2015

U.S. oil and gas companies are selling assets and acreage piecemeal as they jockey to survive a downturn in energy prices, and the trend for small transactions looks likely to heat up next year.

from WSJ.com: US Business http://ift.tt/1mSaVLR
via IFTTT

Ireland's Corrib Field Now Producing Natural Gas

After nearly two decades of development, the Corrib gas field, one of Ireland’s largest-ever energy projects, is now producing natural gas, Royal Dutch Shell PLC said Wednesday.

from WSJ.com: US Business http://ift.tt/1mSaYHz
via IFTTT

Where 'Nice' Is a Four-Letter Word

When a company adopts a culture of radical candor—aka ‘front-stabbing’—people drop the polite veneer and give each other blunt feedback about subpar work.

from WSJ.com: US Business http://ift.tt/1MHtmrm
via IFTTT

Dueling Financial Forces to Test Markets in 2016

Global financial markets in 2015 were pulled between the Fed’s determination to raise interest rates and pressure for lower rates in much of the rest of the world. Those tensions will continue into 2016, Greg Ip writes.

from WSJ.com: US Business http://ift.tt/1NRCga0
via IFTTT

Icahn Wins Pep Boys Bidding War

Pep Boys - Manny Moe & Jack said it would be bought by billionaire Carl Icahn for about $1 billion, effectively ending a bidding fight with Bridgestone Corp. for the auto parts and repair chain.

from WSJ.com: US Business http://ift.tt/1MHeRnq
via IFTTT

Airbus Delays Delivery of First A320neo

Airbus Group said it would fall short of a pledge to deliver the first of its new A320neo aircraft by the end of this year, moving the initial jet’s handover to Deutsche Lufthansa to early 2016.

from WSJ.com: US Business http://ift.tt/1R8xpDp
via IFTTT

Tax Rate for Top 400 U.S. Taxpayers Climbed in 2013

The top 400 U.S. taxpayers in 2013 faced their highest average tax rate since the 1990s, the result of policies implemented by the Obama administration that reversed a decadeslong trend toward lower tax burdens for the wealthiest Americans.

from WSJ.com: US Business http://ift.tt/1NRtzMF
via IFTTT

Pending Home Sales Slip in November

The number of homes tentatively sold across the U.S. fell in November, a sign the housing market hit a rough patch this winter after strengthening earlier in the year.

from WSJ.com: US Business http://ift.tt/1ZBHAn6
via IFTTT

Italian Tax Agency Reaches Agreement With Apple

Italy’s tax agency has reached an accord with Apple over a dispute in which the U.S. company was accused of dodging fiscal payments, a person familiar with the matter said.

from WSJ.com: US Business http://ift.tt/1Smu30G
via IFTTT

Yoga Guru's Remedies Take on Global Brands in India

Baba Ramdev—one of India’s most celebrated yoga gurus—has built a consumer-goods empire that sells products based on traditional Indian medicine, and international companies are taking notice.

from WSJ.com: US Business http://ift.tt/1PxmXUv
via IFTTT

Biotech Linked to Martin Shkreli Files for Bankruptcy Protection

KaloBios Pharmaceuticals filed for bankruptcy protection, not long after firing Chief Executive Martin Shkreli, who has been charged with securities fraud.

from WSJ.com: US Business http://ift.tt/1PwMRcM
via IFTTT

Divergence Between Fed, Others to Test Global Economy

The global economy will be tested by an unusual divergence among the world’s leading central banks in the year ahead.

from WSJ.com: US Business http://ift.tt/1mig8gb
via IFTTT

Palantir and Investors Spar Over How to Cash In

The data-mining firm has no interest in an IPO, but some employees and even co-founders are trying to sell shares anyway.

from WSJ.com: US Business http://ift.tt/1JeK0E0
via IFTTT

Airlines Challenge Low-Cost Foes on Fares

The biggest U.S. airlines are taking their lowest-cost rivals head on—resulting in a bonanza of cheaper tickets that is benefiting fliers but weighing on revenue.

from WSJ.com: US Business http://ift.tt/1PwfjK2
via IFTTT

Satellite Tracking Is Weighed for Delivery Drones

Federal regulators are looking for ways to ensure that drones operating beyond sight—such as delivery drones—stay away from manned aircraft, which many experts expect ultimately will harness existing satellite technology.

from WSJ.com: US Business http://ift.tt/1krkvU4
via IFTTT

Bridgestone Won't Counter Latest Icahn Bid for Pep Boys

Bridgestone said it wouldn’t counter the latest bid by billionaire investor Carl Icahn for the Pep Boys, apparently surrendering in what has been a continuing tug of war for the auto parts and repair chain.

from WSJ.com: US Business http://ift.tt/1Pwceth
via IFTTT

For Bosses in California, a Tough New Fair-Pay Law

Starting Friday, California employers will face the nation’s strictest fair-pay law, which aims to close the wage gap between men and women by requiring both genders to be paid the same for ‘substantially similar’ work.

from WSJ.com: US Business http://ift.tt/1VoypnD
via IFTTT

Cargill to Sell Crop-Insurance Unit to Silveus

Cargill struck a deal to sell its crop-insurance business to Silveus Insurance, the agricultural conglomerate’s latest step to realign its portfolio and exit some financial functions.

from WSJ.com: US Business http://ift.tt/1NPbZJf
via IFTTT

UPS Improves Holiday Performance By Adding a Day to Delivery Time

To help make its holiday package deliveries run more smoothly this year, United Parcel Service made a simple tweak: It added a day.

from WSJ.com: US Business http://ift.tt/1YMEPlR
via IFTTT

Lego Builds Stronger Ties to Girls

Lego has finally become successful at selling building bricks to girls, but it has been a long pursuit. Previous attempts to tailor Lego toys for girls were disappointing.

from WSJ.com: US Business http://ift.tt/1UftwMj
via IFTTT

Macau Casinos End Dismal Year on Low Note

Macau’s full-year gambling revenue for 2015 is projected to have fallen by about a third compared with last year to $30 billion.

from WSJ.com: US Business http://ift.tt/1JecZb1
via IFTTT

DuPont to Cut 1,700 Delaware Jobs

DuPont plans to cut 1,700 jobs in its home state of Delaware as it pursues $700 million in cost savings ahead of its planned merger with Dow Chemical.

from WSJ.com: US Business http://ift.tt/1Pvjtnk
via IFTTT

Indonesia Loses 'Connector' at Freeport-McMoRan

The sudden resignation of James R. Moffett as Freeport-McMoRan’s executive chairman could throw a wrench into negotiations with the Indonesian government over the fate of one of Freeport’s—and Indonesia’s—biggest mines, industry analysts say.

from WSJ.com: US Business http://ift.tt/1NUm05J
via IFTTT

Helicopter Industry Changes Course to Make Safety Improvements

After a string of high-profile accidents in recent years, the helicopter industry is changing course to embrace tougher fuel-tank fire standards for many newly-built and existing rotorcraft.

from WSJ.com: US Business http://ift.tt/1Pvjrf9
via IFTTT

KaloBios to Challenge Nasdaq Delisting

Biotech firm KaloBios Pharmaceuticals Inc., under scrutiny following the arrest of its former Chief Executive Martin Shkreli, said Tuesday that an appeal of its delisting from the Nasdaq Stock Market has been scheduled for Feb. 25, 2016.

from WSJ.com: US Business http://ift.tt/1NUm05H
via IFTTT

The Tech That Will Change Your Life in 2016

Gadgets, breakthroughs and ideas Geoffrey A. Fowler and Joanna Stern think will define the state of the art in the year ahead.

from WSJ.com: US Business http://ift.tt/1Pvjtnc
via IFTTT

A Swan Song for the Fed Dove Who Once Was a Hawk

Narayana Kocherlakota, president of the Federal Reserve Bank of Minneapolis, leaves office at the end of this month best known for something that almost never happens with central bankers or economists:  a radical shift in policy views.

from WSJ.com: US Business http://ift.tt/1ZzxROd
via IFTTT

Consumer Confidence Rose in December, Conference Board Says

Consumers gained confidence in December compared with a month earlier, the Conference Board said Tuesday, with the group’s index of consumer confidence climbing to 96.5 from 92.6 in November.

from WSJ.com: US Business http://ift.tt/1ZzsTkz
via IFTTT

U.S. Home Price Growth Strengthened in October

Home price growth gained strength in October, according to a report released Tuesday, even as more recent indicators suggest the pace of home sales has dramatically lost momentum as the year draws to a close.

from WSJ.com: US Business http://ift.tt/1QXJxIV
via IFTTT

Hong Kong Retail Slows as Mainland Tourists Stay Away

Once a shopping mecca for mainland Chinese tourists seeking luxury goods, Hong Kong is now on track to record its biggest annual decline in retail sales since the SARS outbreak of 2003.

from WSJ.com: US Business http://ift.tt/1Owt8ea
via IFTTT

Molycorp Lays Out Financial Estimates

Molycorp Inc. laid out the financial facts that it says justifies allowing it to exit chapter 11 bankruptcy in trimmed-down form as opposed to being pushed into a liquidation.

from WSJ.com: US Business http://ift.tt/1NMA2Zm
via IFTTT

Brazil Approves Sanofi's Dengue Vaccine

Sanofi Pasteur, the vaccine division of France’s Sanofi, said it has secured approval from Brazilian authorities to market its dengue fever vaccine amid an explosion of cases.

from WSJ.com: US Business http://ift.tt/1OVnTio
via IFTTT

Election Debate Complicates Passage of Pacific Trade Pact

An international trade agreement embraced by President Obama and the Republican-controlled Congress is drawing fire from many presidential candidates, illustrating the populist shift of both parties in the age of Donald Trump.

from WSJ.com: US Business http://ift.tt/1NMrvFU
via IFTTT

Tesla Ramps Up Hiring, as Rivals Loom

Tesla is looking to add thousands of employees in coming years just as an auto industry showdown for tech talent is brewing.

from WSJ.com: US Business http://ift.tt/1NTa8B6
via IFTTT

Jeep Boosts Sales to Rental Firms

Fiat Chrysler’s Jeep is finishing 2015 as the hottest vehicle brand among individual consumers while deepening its reliance on rental fleet sales in a potentially risky strategy.

from WSJ.com: US Business http://ift.tt/1JFwZyi
via IFTTT

Housing Rebound: Time for Millennials to Leave the Nest

Rising home values are a double-edged sword for first-time home buyers and existing homeowners.

from WSJ.com: US Business http://ift.tt/1NMahIM
via IFTTT

Daily E-Book Deals Are Gaining Traction

Daily e-book deals are growing in popularity as publishers seek to get readers hooked so they eventually will buy full-priced works. But some worry that this may spawn a generation that won’t pay more than a few dollars for an e-book.

from WSJ.com: US Business http://ift.tt/1OhOmL3
via IFTTT

Icahn Raises Bid for Pep Boys to $1 Billion

Carl Icahn raised his bid for Pep Boys - Manny, Moe and Jack to value the automotive parts and repair chain at $1 billion, topping last week’s sweetened merger pact with Bridgestone.

from WSJ.com: US Business http://ift.tt/1PtD2fE
via IFTTT

Two KaloBios Board Members Quit After Shkreli Departure

KaloBios Pharmaceuticals said two of its board members have resigned, continuing fallout in the wake of former Chief Executive Martin Shkreli’s recent arrest on securities-fraud charges.

from WSJ.com: US Business http://ift.tt/1NM60F6
via IFTTT

Intel Completes Acquisition of Altera

Intel Corp. on Monday completed its biggest-ever acquisition, a deal that underscores Chief Executive Brian Krzanich’s plan to use new tactics to expand the chip maker’s business.

from WSJ.com: US Business http://ift.tt/1Ptcc5t
via IFTTT

GE to Acquire Metem

General Electric Co. agreed to acquire privately-held Metem Corp., in a deal that aims to bolster GE’s competitiveness in heavy-duty gas turbine engines.

from WSJ.com: US Business http://ift.tt/1PtBvWV
via IFTTT

P&G Seeks to Boost Olay Sales With Fewer Items on the Shelf

Procter & Gamble recently eliminated a sixth of its Olay products, in an attempt to boost sales of the sagging brand. The skin-care line has been a laggard in P&G’s portfolio.

from WSJ.com: US Business http://ift.tt/1IzwbzV
via IFTTT

Health Insurers to Face Fines for Not Correcting Doctor Directories

New regulations, set to take effect on Friday, will allow the Centers for Medicare and Medicaid Services to fine insurers up to $25,000 per beneficiary for errors in Medicare Advantage directories and up to $100 per beneficiary for errors in plans sold on the federally run insurance exchanges.

from WSJ.com: US Business http://ift.tt/1ZxYCSX
via IFTTT

Hanergy Thin Film Founder to Sell 6% Stake

Li Hejun, founder of Hanergy Thin Film, has agreed to sell about 2.5 billion of his shares—or a roughly 6% stake—to unidentified parties, regulatory filings showed Monday.

from WSJ.com: US Business http://ift.tt/1ROm2C8
via IFTTT

Fed Policy Makers Poised to Look Somewhat More Divided in 2016

The Federal Reserve in 2016 could look more divided as policy makers assess the health of the U.S. economy and debate whether, when and how much further to raise short-term interest rates.

from WSJ.com: US Business http://ift.tt/1YNiE9V
via IFTTT

Freeport-McMoRan Chairman and Founder Moffett to Resign

Freeport-McMoRan Inc. said Executive Chariman James R. Moffett would step down, as the beleaguered mining company faces globally low commodities prices, and months after activist investor Carl Icahn took a large stake.

from WSJ.com: US Business http://ift.tt/1TmFOTd
via IFTTT

Valeant CEO Is on Medical Leave

Valeant Pharmaceuticals International said Chief Executive J. Michael Pearson, who the company last week confirmed was hospitalized with a severe case of pneumonia, is on medical leave effective immediately.

from WSJ.com: US Business http://ift.tt/1knyV7O
via IFTTT

Five Tech Predictions for the Year Ahead

Columnist Christopher Mims on virtual reality, predicting the future, and why whole sectors are ripe for flameout and consolidation.

from WSJ.com: US Business http://ift.tt/1VlM6DJ
via IFTTT

China Fines Eight Shipping Firms for Price Fixing

China fined eight international shipping companies a total of $63 million for price fixing.

from WSJ.com: US Business http://ift.tt/1JbvnRO
via IFTTT

The Best and Worst Ads in 2015

Consumers have long bemoaned the onslaught of advertising, but this year marketers were confronted with anti-advertising sentiment that seemed to skyrocket. Despite the roadblocks, some companies got their messages to stand out. Here are our choices for some of the best and worst ads of 2015.

from WSJ.com: US Business http://ift.tt/1mlm5bC
via IFTTT

Supersonic Business-Jet Plan Takes Off

Aerospace firm Aerion recently won orders for a proposed supersonic business jet, hoping to entice customers to plunk down $120 million for a plane that could flit between London and New York in just 4½ hours.

from WSJ.com: US Business http://ift.tt/1SidIKc
via IFTTT

At Theranos, Many Strategies and Snags

Elizabeth Holmes’s blood-testing ambition has long collided with problems, according to former Theranos employees, company emails and complaints filed with federal regulators.

from WSJ.com: US Business http://ift.tt/1JD71eK
via IFTTT

Sportswear Stores Struggle in Race to Reach Consumers

The spread of “athleisure” to non-specialty chains and a renewed effort by Nike to boost its direct-to-consumer sales have left smaller athletic retailers feeling squeezed.

from WSJ.com: US Business http://ift.tt/1RMQCw9
via IFTTT

GM Urged to Make Air Bags Standard in Mexico

GM is facing calls to add air bags as standard equipment on its popular compact cars in Mexico, mirroring broader pressure on auto makers to provide basic safety equipment even when governments don’t mandate it.

from WSJ.com: US Business http://ift.tt/1Zw3eJv
via IFTTT

From Beef to Beans, Farmers Weather Worst of El Niño

Higher temperatures and lower rainfall in eastern Australia, Southeast Asia and India are affecting industries from Australia’s traditional cattle ranching to Vietnam’s coffee crop.

from WSJ.com: US Business http://ift.tt/1RMQCw5
via IFTTT

'Star Wars' Boosts Other Movies

“Star Wars: The Force Awakens” led weekend sales at the box office. But rather than stealing attention from other releases, the movie got more people interested in going to the multiplex, with healthy openings for “Daddy’s Home” and “Joy.”

from WSJ.com: US Business http://ift.tt/1Oga8if
via IFTTT

The Holiday Season Isn't Over Yet for Retail

Assessing the success of holiday shopping season for retailers will involve the weekend after Christmas given the calendar this year and changing shopping trends.

from WSJ.com: US Business http://ift.tt/1JCZNHK
via IFTTT

Aerospace Deals Come Down to Wire

The aerospace and defense industry consistently has end-of-year surprises as companies look to exceed prior commitments, and 2015 is no exception.

from WSJ.com: US Business http://ift.tt/1PqM7E9
via IFTTT

Central Banks' Shock Therapy Has Investors on Edge

Behind the biggest market meltdowns of 2015 were familiar culprits: central banks. The bouts of turmoil highlight investors’ reliance on the words and actions of central banks in the years following the financial crisis.

from WSJ.com: US Business http://ift.tt/1Ixqe6J
via IFTTT

Treasury Wine Sharpens Focus in U.S.

Australia’s Treasury Wine is making another big run at the U.S. market, after overly rosy estimates about demand there a few years ago led it to famously dump thousands of gallons of unsold inventory.

from WSJ.com: US Business http://ift.tt/1NRYDdf
via IFTTT

Why Weak Currencies Affect Exports Less

Central banks around the world have loosened monetary policy this year in the hopes of nudging down currencies and giving a lift to exports. But it hasn’t had much of an effect this time. The reason? A change in what exports are made of.

from WSJ.com: US Business http://ift.tt/1VlqJT0
via IFTTT

China Telecom Head Detained by Antigraft Regulator

China’s antigraft watchdog detained the chairman of China Telecom, Chang Xiaobing, in the latest in a spate of moves against executives at many of the country’s top state-owned companies.

from WSJ.com: US Business http://ift.tt/1IwRe6r
via IFTTT

Samsung SDI to Unload Stake in Samsung C&T

South Korea’s Fair Trade Commission recommended that Samsung SDI sell its extra stake in Samsung C&T to avoid violating rules about cross-share ownership.

from WSJ.com: US Business http://ift.tt/1ZvpOSl
via IFTTT

Where Unwanted Christmas Gifts Get a Second Life

The underbelly of e-commerce is a booming business in which little-known companies collect, process and often resell piles of unwanted gifts and other items that shoppers simply regretted buying.

from WSJ.com: US Business http://ift.tt/1IwRfXL
via IFTTT

Activism's Long Road From Corporate Raiding to Banner Year

Activist investors have transformed themselves from derided corporate raiders to accepted voices in the corporate boardroom, helping produce a banner year.

from WSJ.com: US Business http://ift.tt/1NGarRM
via IFTTT

Japan's Economy Still Struggling to Gain Traction

Fresh data show prices nearly flat and household spending weak, spurring expectations the central bank will be forced to act.

from WSJ.com: US Business http://ift.tt/1JzG2kb
via IFTTT

Canadian Tire Broadens Recall of Christmas Lights

Canadian Tire broadened a recall of Christmas lights sold across Canada after the country’s health agency said the lights posed the risk of fire or electric shock.

from WSJ.com: US Business http://ift.tt/1IuKu97
via IFTTT

Hyatt Says Malware Targeted Key Data on Payment Cards

Hyatt Hotels said an attack on its computer system targeted key data stored on payment cards, but it is still investigating details about the cyberintrusion.

from WSJ.com: US Business http://ift.tt/1JzG2k9
via IFTTT

Valeant CEO Hospitalized With Severe Pneumonia

The head of troubled pharmaceutical company Valeant Pharmaceuticals International has been hospitalized for severe pneumonia.

from WSJ.com: US Business http://ift.tt/1TkIrol
via IFTTT

FedEx Orders Extra Shifts for Delayed Christmas Packages

Unable to deliver all its packages in time for Christmas, FedEx said drivers were​working extra shifts Friday to help the company manage a surge in online shopping as well as severe weather during one of the busiest weeks of its year.

from WSJ.com: US Business http://ift.tt/1kjYsPn
via IFTTT

Chipotle Chilled by Latest Outbreak

Restaurant chain Chipotle is stuck in marketing limbo, unable to restart customer appeals while it awaits a declaration to an end of a series of foodborne disease outbreaks tied to its outlets.

from WSJ.com: US Business http://ift.tt/1R0mRGC
via IFTTT

Larger Ships Test Harbor Pilots

The largest container ship to call on a U.S. port, the Benjamin Franklin, will make its way to the ports of Los Angeles and Oakland. The port call puts a spotlight on harbor pilots, who face the challenge of steering large, stacked-up ships through narrow channels and bridges built for smaller vessels.

from WSJ.com: US Business http://ift.tt/1R0mU53
via IFTTT

Energy Companies Gird for Weaker Prices in 2016

In a sign that U.S. energy producers think crude-oil and gas prices will languish through next year, several are slashing their already slimmed down budgets and collectively, taking more in write-downs on their assets than they did during the oil bust of 2008.

from WSJ.com: US Business http://ift.tt/1NOHO2N
via IFTTT

Pep Boys in New Bridgestone Deal, Says Icahn Bid No Longer Superior

Pep Boys - Manny, Moe & Jack has agreed to a sweetened merger pact with Japan’s Bridgestone Corp. and no longer considers Carl Icahn’s offer a “superior proposal.”

from WSJ.com: US Business http://ift.tt/1YB9m63
via IFTTT

United Pilots to Vote on Contract Extension

Pilots union leaders at United Continental Holdings Inc. agreed to send a proposed contract extension to a vote by members, a spokesman said.

from WSJ.com: US Business http://ift.tt/1PnauUU
via IFTTT

FedEx Says Heavy Storms Will Delay Some Packages

FedEx said some packages would be delayed due to heavy storms in the Southeast and Midwest, and that the company would make some deliveries on Christmas Day.

from WSJ.com: US Business http://ift.tt/1NEDt4k
via IFTTT

Lower Jobless Claims Don't Point to Robust Labor Market

The fewest Americans since 1973 will seek new unemployment benefits this year, but that doesn’t mean the labor market is back to full health.

from WSJ.com: US Business http://ift.tt/1OkgWHk
via IFTTT

Warm Weather in U.S. Northeast Pinches Salt Producers

With temperatures high, stocks of road salt are piling up as sellers watch the skies for snow.

from WSJ.com: US Business http://ift.tt/1m7Ztvx
via IFTTT

U.S. Flights Hit by Major Weather Delays

Fog and storms triggered major flight delays in pockets of the U.S. ahead of Christmas, while airlines were bracing for a winter storm predicted to sweep across much of the country over the weekend.

from WSJ.com: US Business http://ift.tt/1mCmYwK
via IFTTT

U.S. Venture Capital Acquires Appetite for European Biotech

European biotechnology companies have been attracting increasing amounts of U.S. venture capital, regaining momentum that was shaken after the global recession.

from WSJ.com: US Business http://ift.tt/1Myq2ic
via IFTTT

No Breakout for Economy, but Jobs, Earnings Grow

The U.S. economy didn’t notch a breakout year, but it posted strong enough gains in 2015 to convince the Federal Reserve it was finally fit enough to handle higher interest rates.

from WSJ.com: US Business http://ift.tt/1TjqE0R
via IFTTT

Economists Say 'Bah! Humbug!' to Christmas Presents

Those schooled in Scroogenomics say gifts are inefficient reallocation of resources, but even wonks can’t fight the yuletide.

from WSJ.com: US Business http://ift.tt/1QYG637
via IFTTT

U.S. Jobless Claims Fell Last Week

The number of Americans filing for first-time unemployment benefits declined last week, a sign of a healthy labor market.

from WSJ.com: US Business http://ift.tt/1kiu2gc
via IFTTT

Trucker Teams Drive to the Rescue

Retailers and parcel carriers have been turning this season to teams—which keep trucks rolling for hundreds of miles over 20 hours a day—as a way to meet the demands of online shopping to deliver goods rapidly, and cheaply, across long distances.

from WSJ.com: US Business http://ift.tt/1QYrm4q
via IFTTT

Ferrari's Top Holders Sign Pact for Nearly 50% of Voting Rights

Ferrari NV’s two largest investors Wednesday signed a shareholders’ pact that will effectively protect the Italian luxury sports car maker from unwanted suitors after it is spun off next month from Fiat Chrysler Automobiles NV.

from WSJ.com: US Business http://ift.tt/1kimw5b
via IFTTT

Mitsubishi Delays First Jet Delivery

Mitsubishi Heavy Industries said it would delay delivery of Japan’s first commercial jetliner by about a year, until 2018, in the latest of a series of setbacks for the project.

from WSJ.com: US Business http://ift.tt/1QNLGHf
via IFTTT

Malls Reel as Web Roars

The stampede of shoppers to the Web grew more thunderous during the final days before Christmas, testing the limits of delivery services and pushing retail chains into deeper, longer promotions than their e-commerce rivals.

from WSJ.com: US Business http://ift.tt/1Yz3NFi
via IFTTT

Teaching Google to Sell 'Cloud' to Companies

In its latest effort to catch up in cloud-computing sales, Google is turning to Diane Greene, a Silicon Valley entrepreneur, who built VMware into a corporate-computing powerhouse.

from WSJ.com: US Business http://ift.tt/1RHLjxX
via IFTTT

Corporations Prepare for Lifting of Iran Sanctions

U.S. corporate giants including Apple, GE, HP and Schlumberger are making contacts with potential distributors or traveling to Tehran ahead of a potential lifting of sanctions on doing business in Iran.

from WSJ.com: US Business http://ift.tt/1OoFUeL
via IFTTT

GE, UTC Tighten Supply Chains

Industrial giants like GE and United Technologies are squeezing suppliers and shifting factories to cheaper locales as they seek to maintain profit margins in the face of what could be slow global growth ahead.

from WSJ.com: US Business http://ift.tt/1TimYfR
via IFTTT

U.S. to Export Crude-Oil Cargo in Early January

A Texas energy company will load the first cargo of U.S. crude oil to be shipped overseas.

from WSJ.com: US Business http://ift.tt/1Ob9Fhg
via IFTTT

Disney CEO's Pay Package Worth $44.9 Million

Walt Disney Co. said Chairman and Chief Executive Robert Iger’s compensation package reached $44.9 million for the fiscal year ended in October.

from WSJ.com: US Business http://ift.tt/1Zq22at
via IFTTT

Some Retailers Warn of Delivery Delays and Blame FedEx

A few retailers, including Eddie Bauer and Pacific Sunwear, are warning customers that their holiday packages are being delayed and blaming what they say are broader problems at FedEx Corp.

from WSJ.com: US Business http://ift.tt/1Ob9Fhc
via IFTTT

Consumers Keeping Growth Afloat

Optimistic consumers are keeping the U.S. economy on track for continued modest growth, despite weakness overseas and a manufacturing slump at home.

from WSJ.com: US Business http://ift.tt/1OoBJ2D
via IFTTT

Big Winners as Fed Raises Rates: Foreign Banks

Units of foreign banks collect a large share of interest that the Federal Reserve pays on reserves—payouts that are set to double under the central bank’s recent rate increase.

from WSJ.com: US Business http://ift.tt/1Ob3auW
via IFTTT

Some Countries See Migrants as an Economic Boon, Not a Burden

Canada focuses on assimilating educated foreigners who fill job needs, in sharp contrast to Europe.

from WSJ.com: US Business http://ift.tt/1Ob38Df
via IFTTT

Takata Air Bag Connected to Eighth Death in the U.S.

The National Highway Traffic Safety Administration said an exploding Takata Corp. air bag has been connected to an eighth U.S. death, the ninth globally, from an accident in Pittsburgh in July.

from WSJ.com: US Business http://ift.tt/1RGMZrw
via IFTTT

Pep Boys Says Offer From Icahn Tops Bridgestone's

Icahn Enterprises said it is willing to pay nearly $1 billion for Pep Boys as it seeks to upend the auto-parts and repair chain’s deal to sell itself to Bridgestone.

from WSJ.com: US Business http://ift.tt/1NCGNNr
via IFTTT

Boeing Adds Orders for 166 Jets to Backlog

Boeing said it booked orders for 166 commercial jets in the past week, taking the plane maker close to its goal of matching deals for new aircraft with planned deliveries this year.

from WSJ.com: US Business http://ift.tt/1NCGL8j
via IFTTT

The Narrow Path to a Carbon Tax

Greg Ip’s Capital Account: Having agreed to ambitious new targets for reducing emissions of greenhouse gases in Paris, the world’s nations now need a way to hit those targets. The best way is a carbon tax, though that’s easier said than done.

from WSJ.com: US Business http://ift.tt/1IqF6DO
via IFTTT

Norfolk Southern Rejects Canadian Pacific's Latest Bid

Norfolk Southern said its board unanimously rejected the latest offer from Canadian Pacific Railway, saying it didn’t address regulatory issues and calling it “grossly inadequate.”

from WSJ.com: US Business http://ift.tt/1Mwr2mZ
via IFTTT

Fox's Biscuits Owner Considering Sale

Bankers for Fox’s Biscuits owner Boparan Holdings Ltd. are reaching out to potential buyers on behalf of the maker of Golden Crunch, Crunch Creams and Party Rings cookies, according to people familiar with the matter.

from WSJ.com: US Business http://ift.tt/1QHZfIk
via IFTTT

U.S. Consumer Sentiment Rose to Highest Level Since July

U.S. consumers’ opinion of the U.S. economy improved to the highest reading since July, reinforcing signals that spending is strengthening during holiday season.

from WSJ.com: US Business http://ift.tt/1kh45h0
via IFTTT

New-Home Sales Rose 4.3% in November

Sales of newly built U.S. homes rose in November in a potentially encouraging sign for the housing sector.

from WSJ.com: US Business http://ift.tt/1IqkrzQ
via IFTTT

The Beatles' Catalog to Become Available on Streaming Services

The Beatles’ entire music catalog will be available on major streaming services as of 12:01 a.m. Thursday in each country’s time zone, the band’s label said.

from WSJ.com: US Business http://ift.tt/1JuPipQ
via IFTTT

U.S. Durable Orders Roughly Flat in November

Orders for long-lasting factory goods were flat in November and a key measure of business investment fell in the latest sign of weak demand in the U.S. manufacturing sector.

from WSJ.com: US Business http://ift.tt/1NCl3kz
via IFTTT

U.S. Consumer Spending Rose 0.3% in November

Americans boosted spending in November as their incomes continued to tick up, a sign the economic expansion remains on track despite sluggishness overseas.

from WSJ.com: US Business http://ift.tt/1NCkMyc
via IFTTT

China Cosco Is Sole Bidder for Stake in Greece's Piraeus Port

China’s shipping and port giant China Cosco Holding Co. is so far the sole bidder for a majority stake in the long-delayed privatization of Greece’s main port of Piraeus, two people with direct knowledge of the deal said.

from WSJ.com: US Business http://ift.tt/1J4gDnM
via IFTTT

Diageo Seeks to Reignite Once-Blockbuster Smirnoff

After two years of fizzling U.S. sales, Diageo is on a mission to stir up its once-blockbuster vodka brand, Smirnoff.

from WSJ.com: US Business http://ift.tt/1SaTEJV
via IFTTT

OPEC Predicts Oil-Price Rebound, Supply Cut

The Organization of the Petroleum Exporting Countries predicted oil prices would rebound, but​the cartel said it expects to reduce its own production in the coming years.

from WSJ.com: US Business http://ift.tt/1QWUt80
via IFTTT

Coal Downturn Hammers State Budgets

A steep drop in tax revenue in West Virginia and Wyoming has led to hiring freezes and widespread cutbacks.

from WSJ.com: US Business http://ift.tt/1Ip7hTD
via IFTTT

Ford in Talks With Google on Autonomous-Driving Venture

Ford Motor has a deal in the works with Google to build self-driving cars that will use the software giant’s autonomous driving technology.

from WSJ.com: US Business http://ift.tt/1V5flKW
via IFTTT

Amazon Seeks to Ease Ties With UPS

Rising package volumes and costs have Amazon seeking alternative delivery routes—straining relations with UPS, its longtime shipping ally.

from WSJ.com: US Business http://ift.tt/1RF2Cjf
via IFTTT

Cable Deal Hits New Bumps

Altice’s $10 billion deal to buy cable operator Cablevision is running into unexpected turbulence in New York City.

from WSJ.com: US Business http://ift.tt/1OJQwiA
via IFTTT

Boeing Accepts FAA Penalties Over Quality Control

Boeing has agreed to pay $12 million in penalties as part of a sweeping, first-of-its-kind settlement with federal regulators mandating tighter company oversight of suppliers and enhanced quality controls inside its own factories.

from WSJ.com: US Business http://ift.tt/1YzSG9R
via IFTTT

Disney Is in Talks to Exit Fusion Joint Venture

Walt Disney and Univision are in talks for Disney to exit Fusion, their joint venture cable and digital network aimed at millennials that has struggled to gain traction, according to people familiar with the matter.

from WSJ.com: US Business http://ift.tt/1REMFJJ
via IFTTT

Apple Inc. Offers Proxy Access

Apple Inc. said it had made it easier for long-time shareholders, or a group of shareholders, to nominate a director for its board, joining a growing list of companies offering “proxy access.”

from WSJ.com: US Business http://ift.tt/1NBpLz8
via IFTTT

YouTube Says T-Mobile Is Throttling Its Video Traffic

YouTube said T-Mobile US is interfering with its video traffic, raising a new issue as federal regulators examine the wireless carrier’s streaming-video strategy.

from WSJ.com: US Business http://ift.tt/1U3eKZa
via IFTTT

Sprint Spent Heavily for Advice Later Brushed Aside

Sprint Chief Marcelo Claure spent at least $25 million for advice that the nation’s No. 4 wireless operator largely never used, and which was shelved earlier this year after its chairman disagreed with some of the ideas.

from WSJ.com: US Business http://ift.tt/1J3AeEI
via IFTTT

U.S. Ports See Imports Rebound in November

The biggest gateways reported an inbound recovery after a relatively lackluster peak shipping season.

from WSJ.com: US Business http://ift.tt/1U3cy3C
via IFTTT

Nike's Profit and Revenue Climb

Nike said its revenue rose 4.1% in the latest quarter as the world’s largest sportswear maker continued to see strength in its North America and China operations.

from WSJ.com: US Business http://ift.tt/1kfxpol
via IFTTT

Songkick Suing Live Nation, Ticketmaster

Songkick, the concert-discovery platform that helps artists sell tickets directly to fans, is suing concert promotion giant Live Nation Entertainment, Inc. and its Ticketmaster subsidiary for violating federal antitrust laws

from WSJ.com: US Business http://ift.tt/1QFHHMY
via IFTTT

U.S., European Aviation Authorities at Odds Over Cybersecurity

U.S. and European aviation authorities are at odds over one of the industry’s hot-button issues: devising ways to protect an array of aircraft from potential cyberattacks.

from WSJ.com: US Business http://ift.tt/1OJpGqQ
via IFTTT

ConocoPhillips Leaves Russia as It Sells Joint Venture Stake

ConocoPhillips said Tuesday it sold its stake in its Russian joint venture, leaving the country after more than two decades.

from WSJ.com: US Business http://ift.tt/1QFHHMW
via IFTTT

Google Plans New, Smarter Messaging App

Google is building a new mobile-messaging service that taps its artificial intelligence know-how and so-called chatbot technology to try to catch up with rivals.

from WSJ.com: US Business http://ift.tt/1OJpEPP
via IFTTT

Nestléto Shift to Cage-Free Eggs in U.S. by 2020

Nestlé pledged Tuesday to purchase only cage-free eggs for its U.S. food products by 2020, making it the largest packaged-food company to commit to such a switch and advancing a broader industry push toward more-humane animal-welfare policies.

from WSJ.com: US Business http://ift.tt/1QFHHMU
via IFTTT

Ex-FIFA Boss Says U.S. Sponsors Won't Go

Sepp Blatter, the banned president of soccer’s world governing body, believes that FIFA’s American sponsors are bluffing in their repeated calls for change at the organization. While they have stopped short of direct threats to pull out, Mr. Blatter believes that day isn’t near.

from WSJ.com: US Business http://ift.tt/1J3mNEC
via IFTTT

Noble to Sell Remaining Stake in Noble Agri to Cofco

Embattled commodities trader Noble Group Ltd. said Tuesday that it has reached an agreement to sell its remaining stake in its agricultural unit to Chinese state-backed grain trader Cofco for $750 million.

from WSJ.com: US Business http://ift.tt/1OlD0Yh
via IFTTT

Philippines Approves Dengue Vaccine

Sanofi Pasteur, the vaccines division of France’s Sanofi, said it secured approval to market its vaccine for dengue fever from the Philippines, the first country in Asia to do so and the second in the world after Mexico.

from WSJ.com: US Business http://ift.tt/1TfsEqZ
via IFTTT

More RVs Are Hitting the Road, but They Are the Cheaper Models

Americans are buying recreational vehicles at the fastest rate since before the last recession. Unfortunately for RV makers, many are hitting the road in smaller, less expensive models.

from WSJ.com: US Business http://ift.tt/1kf4nF8
via IFTTT

U.S. Helps Shaky Colleges Cope With Bad Loans

Government officials guide schools on how to clean up data and keep access to federal aid.

from WSJ.com: US Business http://ift.tt/1RDEKMT
via IFTTT

U.S. Existing Home Sales Plunge in November

Sales of existing homes nose-dived in November, falling to the slowest pace in 19 months, which the National Association of Realtors attributed to new federal rules for mortgage forms dampening the pace of sales.

from WSJ.com: US Business http://ift.tt/1MtMnh3
via IFTTT

Japanese Staffing Company Recruit to Buy Dutch Peer

Recruit Holdings agreed to acquire USG People for $1.55 billion, in the latest example of Japanese companies looking abroad for growth.

from WSJ.com: US Business http://ift.tt/1Tf0JaD
via IFTTT

U.S. Third-Quarter GDP Revised Down to 2.0% Growth

The U.S. economy expanded at a slightly slower pace than initially estimated in the third quarter, as companies spent less stockpiling their inventories.

from WSJ.com: US Business http://ift.tt/1keE3Lz
via IFTTT

ConAgra Profit Tops Expectations

ConAgra on Tuesday reported a dip in sales, though cost cuts and the planned sale of its private-label business helped drive adjusted profit above Wall Street expectations.

from WSJ.com: US Business http://ift.tt/1QVHBz8
via IFTTT

Express Scripts Gives Strong 2016 Earnings Guidance

Express Scripts Holding, the largest U.S. pharmacy-benefit manager, gave stronger-than-expected earnings guidance for next year.

from WSJ.com: US Business http://ift.tt/1JrjZMo
via IFTTT

Search for Elusive 'Yeti' Daunting for Holiday Shoppers

A shortage of a $40 stainless-steel insulated mug, called the Yeti Rambler, is testing retailers’ ability to juggle inventory and turn a profit in an era when more shopping is moving online, a trend that has accelerated this holiday season.

from WSJ.com: US Business http://ift.tt/1O63bAe
via IFTTT

India's Reliance Communications in Talks to Acquire Aircel

A merger of the two would create a company holding about 20% of the country’s cellphone market.

from WSJ.com: US Business http://ift.tt/1NA1Q36
via IFTTT

BHP Raises Death Toll From Brazilian Dam Burst

BHP Billiton raised the death toll from the catastrophic dam burst at a mine in Brazil last month to 17 and pledged to publicly release the findings of an external investigation into the cause of the disaster.

from WSJ.com: US Business http://ift.tt/1ImcxY1
via IFTTT

Women Fuel China's Fitness Craze

Women increasingly are rejecting the traditional softer silhouette in favor of a more toned look, which has boosted gym membership and the sale of workout gear.

from WSJ.com: US Business http://ift.tt/1ZmlzbU
via IFTTT

SpaceX Successfully Lands Rocket

Space Exploration Technology Corp. executed an impressive return to flight Monday by flawlessly launching an updated variant of its Falcon 9 rocket, and then maneuvering a big part back to earth for a pinpoint, precedent-setting landing.

from WSJ.com: US Business http://ift.tt/1mx6cz2
via IFTTT

Surge in Prescription Costs Hit Medicare in 2014

Hefty price increases for a number of prescription drugs contributed to higher spending by the U.S. Medicare program in 2014, according to new government data.

from WSJ.com: US Business http://ift.tt/1Phn7z5
via IFTTT

M&A Sizzles for New-Car Dealers

U.S. car dealerships are swapping hands at an accelerated pace this year boosted by robust new-car demand, strong dealer profits and an increased focus on the business by publicly traded companies.

from WSJ.com: US Business http://ift.tt/1IlqRQE
via IFTTT

Apple Criticizes Proposed U.K. Surveillance Law

Apple Inc. on Monday criticized a U.K. proposal that would give law-enforcement and national-security officials more power to monitor communications.

from WSJ.com: US Business http://ift.tt/1NIjpMa
via IFTTT

Supplier Wins $74 Million Verdict Against Caterpillar

A jury found Caterpillar guilty of stealing trade secrets from one of its suppliers, Miller UK, and awarded the British company $74 million in damages.

from WSJ.com: US Business http://ift.tt/1IlqRQG
via IFTTT

Metrics Sell Doughnuts and More

Increasingly, the real power behind corporate numbers isn’t accounting, but a function known as financial planning and analysis, or FP&A. Employees in these groups work on everything from forecasting sales, earnings and buybacks to employee raises.

from WSJ.com: US Business http://ift.tt/1PhfqJ8
via IFTTT

Valeant Deal With Walgreens Has Unusual Twist

Valeant’s distribution deal with Walgreens has an unusual twist that allows the Canadian drugmaker to repurchase its drugs at the pharmacy without physically taking them back.

from WSJ.com: US Business http://ift.tt/1Phfo48
via IFTTT

Martin Shkreli Removed as KaloBios CEO

KaloBios has removed Martin Shkreli as Chief Executive Officer, the company said Monday, days after he was charged with allegedly misleading investors in his hedge funds and raiding a public company to cover the losses.

from WSJ.com: US Business http://ift.tt/1S6nsXX
via IFTTT

'Star Wars' Scores at Box Office, Not on Wall Street

The force is powerful everywhere—except on Wall Street. Despite a record-breaking opening for “Star Wars: The Force Awakens” Disney’s stock fell Monday for the third day in a row.

from WSJ.com: US Business http://ift.tt/1QD3wg7
via IFTTT

China Unveils Economic Blueprint for 2016

China’s leadership has mapped out an economic blueprint for next year that focuses on reducing industrial overcapacity, slashing costs for businesses, cutting unsold property inventory and fending off financial risks.

from WSJ.com: US Business http://ift.tt/1Ms6xYN
via IFTTT

Norwegian Biotech Flags Evidence for Efficacy of 'Kick and Kill' HIV Treatment

A Norwegian biotechnology firm said it had the first evidence of real promise in a new approach widely considered to be a potential cure for HIV, prompting both cautious optimism and skepticism from experts.

from WSJ.com: US Business http://ift.tt/1TdomQY
via IFTTT

CDC Probing Another Chipotle-Linked E. Coli Outbreak

The CDC said it is investigating another, more recent outbreak of E. coli last month linked to Chipotle Mexican Grill Inc. involving three states.

from WSJ.com: US Business http://ift.tt/1mwHCOT
via IFTTT

Panasonic to Acquire Hussmann Corp. for $1.54 Billion

Japanese electronics maker Panasonic Corp. has agreed to acquire U.S. refrigeration systems maker Hussmann Corp. for $1.54 billion as it beefs up efforts in the business-to-business sector.

from WSJ.com: US Business http://ift.tt/1QFTdHS
via IFTTT

Mercedes-Benz USA Names Exler CEO

Daimler AG said Monday that Dietmar Exler will become chief executive of Mercedes-Benz USA, replacing Steve Cannon, who will take a post as chief executive of the group that runs the Atlanta Falcons.

from WSJ.com: US Business http://ift.tt/1QFTavU
via IFTTT

NHTSA Fines BMW $40 Million for Series of Violations

The National Highway Traffic Safety Administration has fined BMW $40 million for repeatedly failing to address safety concerns related to its Mini Cooper vehicles and not launching an agreed-upon service campaign it had told regulators it would conduct.

from WSJ.com: US Business http://ift.tt/1QFTavQ
via IFTTT

Icahn Raises Bid for Pep Boys Again

Icahn Enterprises raised its bid for Pep Boys — Manny Moe & Jack to $16.50 a share, or about $919 million, continuing its tussle with Bridgestone Corp. for the auto-parts and repair chain.

from WSJ.com: US Business http://ift.tt/1NyB3El
via IFTTT

How Jack Dorsey Runs Both Twitter, Square

Jack Dorsey’s official return as Twitter chief in October, and Square’s IPO one month ago, put him in the rare class of CEOs charged with simultaneously leading two publicly traded companies.

from WSJ.com: US Business http://ift.tt/1TcEeTD
via IFTTT

CF, OCI Amend Merger Agreement to Keep 'Inversion' Tax Benefit

Fertilizer maker CF Industries and Dutch rival OCI, which agreed to merge in August, said they would move the tax residency of the combined company to the Netherlands from the U.K.

from WSJ.com: US Business http://ift.tt/1kcwyom
via IFTTT

Airfreight Rules Could Be Tightened in Wake of Sinai Disaster

Heightened U.S. concerns about security at overseas airports could trigger a new set of regulations next year that would make the shipment of goods on planes more onerous, according to officials.

from WSJ.com: US Business http://ift.tt/1Tcjvzn
via IFTTT

Ericsson, Apple Settle Patent Dispute

Swedish telecom company Ericsson and U.S. tech giant Apple Inc. have signed a global license agreement that puts an end to a long-running patent-infringement dispute between the two companies.

from WSJ.com: US Business http://ift.tt/1IjJ4y5
via IFTTT

Larger Wine Glasses Encourage More Drinking, Study Finds

Researchers at the University of Cambridge say it looks like larger wineglasses encourage patrons to drink more after a small study earlier this year found that wine sales were 9% higher when larger glasses were used.

from WSJ.com: US Business http://ift.tt/1Tc7PMZ
via IFTTT

Casino Groupe Rebuts Short-Seller Muddy Waters's Claims

Casino Groupe has rejected accusations leveled at the French supermarket operator by short-selling firm Muddy Waters in a lengthy response filed Monday to the French market regulator.

from WSJ.com: US Business http://ift.tt/1RzBuC9
via IFTTT

Toshiba Expects $4.5 Billion Loss in Current Fiscal Year

Following an accounting scandal, Toshiba said it would post a fiscal-year loss of $4.5 billion, and it also plans to seek buyers for a majority stake in its health-care business.

from WSJ.com: US Business http://ift.tt/1UV092W
via IFTTT

These Paparazzi Hunt for Rare Pictures of Car Prototypes

Car makers go to great lengths to hide their upcoming models from pesky photographers; some use stickers and foam to disguise the design.

from WSJ.com: US Business http://ift.tt/1m2Xvwv
via IFTTT

How 'Hoverboards' Epitomize Our Broken Patent System

Hoverboards are the surprise hit of this holiday season even though they are catching fire, getting banned by airlines and being removed from retailers due to shoddy batteries and an apparent lack of quality control.Their popularity also has led to a surprisingly far-reaching patent war.

from WSJ.com: US Business http://ift.tt/1mvtYeP
via IFTTT

Mergers Set a Record as Firms Bulk Up

Subdued for years after the financial crisis, mergers and acquisitions came roaring back as companies seek to boost revenue at a time when sluggish economic growth and low inflation make that difficult.

from WSJ.com: US Business http://ift.tt/1S3zmlu
via IFTTT

Martin Shkreli Says Drug-Price Hikes Led to Arrest

Pharmaceutical executive says he was targeted for much-criticized price increases and over-the-top public persona.

from WSJ.com: US Business http://ift.tt/1ZjThi4
via IFTTT

New Chapter in Redstone Family Saga

Shari Redstone’s position in her father Sumner Redstone’s media empire, which controls Viacom and CBS, has solidified recently, in part because she rejected a buyout offer from him worth $1 billion.

from WSJ.com: US Business http://ift.tt/1S3tqJ3
via IFTTT

Behind Frank Quattrone's Comeback in the New Tech Era

The famed deal-maker is again in high demand, but controversy lingers from his dot-com days.

from WSJ.com: US Business http://ift.tt/1UTIjx8
via IFTTT

U.S. Probes Theranos Complaints

U.S. health regulators are investigating complaints about laboratory and research practices at Theranos by two former employees of the blood-testing startup company.

from WSJ.com: US Business http://ift.tt/1NG5Ble
via IFTTT

Biofuels Move From Lab to Frying Pan

Alternative-fuel producers, undercut by cheap oil and regulatory delays, are retooling product lines to include bioproducts with high profit margins, such as cooking oil and ice cream made from algae.

from WSJ.com: US Business http://ift.tt/1QTbJel
via IFTTT

LeBron Endorsement Deal Won't Foul Nike

Nike’s lifetime deal for LeBron James and rising endorsement costs aren’t as rich as they might seem.

from WSJ.com: US Business http://ift.tt/1JmTXKt
via IFTTT

Tough Labor Talks at Steel Firms

Contract talks between U.S. steelmakers and their main union have dragged on, months after their summer deadline. At all three companies, negotiations have stalled over health care.

from WSJ.com: US Business http://ift.tt/1QDGRjG
via IFTTT

Bezos Takes Hands-On Role at Washington Post

In the more than two years since Jeff Bezos bought the Washington Post, the Amazon founder has increasingly made his mark on how the paper is run. His focus on customer experience has become a near mandate within the news operation.

from WSJ.com: US Business http://ift.tt/1UTsoyW
via IFTTT

Rising in the Mideast: The World's New Landlord

The Abu Dhabi Investment Authority has become one of the largest property owners in the world, as its deal makers look beyond the trophy properties that have attracted sovereign-wealth funds in the past to a broader range of cities and buildings.

from WSJ.com: US Business http://ift.tt/1QDGRjD
via IFTTT

Volkswagen Considers Rotation of Key Executives

Volkswagen is considering a mandatory rotation of key executives in its engine development groups across the company’s main brands, another indication that the car maker is growing certain that a culture of tolerance for breaking rules is at the heart of its emissions crisis.

from WSJ.com: US Business http://ift.tt/1RytlxZ
via IFTTT

Korea's Lotte Group Struggles to Restructure as Family Feuds

A tussle over succession at one of South Korea’s most powerful conglomerates is threatening a potential $5 billion IPO of its hotel business.

from WSJ.com: US Business http://ift.tt/1USVaji
via IFTTT

'Star Wars: The Force Awakens' Breaks a Box-Office Record

Walt Disney’s $4 billion bet that it could revive the “Star Wars” franchise for a new generation paid off this weekend as its first movie, “Star Wars: The Force Awakens,” opened to an estimated $238 million in the U.S. and Canada.

from WSJ.com: US Business http://ift.tt/1USVajn
via IFTTT

Apple Bringing Apple Pay to China With UnionPay

Apple plans to bring its mobile-payments service to China, securing agreements with the country’s state-run UnionPay and 15 Chinese banks.

from WSJ.com: US Business http://ift.tt/1RytlOf
via IFTTT

Gasoline Windfall Fails to Stoke Consumers

American consumers are getting a windfall of billions of dollars a week thanks to low fuel prices. The U.S. economy has little to show for it.

from WSJ.com: US Business http://ift.tt/1YpST4J
via IFTTT

Toshiba Likely to Post $4 Billion Loss

The Japanese tech major has been struggling since an accounting scandal broke earlier this year.

from WSJ.com: US Business http://ift.tt/1JkPuHY
via IFTTT

Nevada Lawmakers Approve Deal to Lure Electric Car Maker

Nevada lawmakers approved a $335 million incentive package to attract upstart electric car maker Faraday Future’s billion-dollar factory to a hard-hit Las Vegas suburb, even though it has yet to unveil a concept car.

from WSJ.com: US Business http://ift.tt/1YowzbH
via IFTTT

Deal Is Close That Would Shield Some Data on Flights

Business aviation groups and federal officials are close to agreement on ways to maintain the privacy of certain aircraft movements, despite air-traffic control upgrades that otherwise would make such information public.

from WSJ.com: US Business http://ift.tt/1Jkh20j
via IFTTT

Holiday Shoppers Wait Until the Last Minute for Deals

In a year marked by a lackluster Black Friday and a surge in online orders, the week before Christmas is as crucial as ever for retailers trying to woo shoppers into making last-minute purchases.

from WSJ.com: US Business http://ift.tt/1m08Qxj
via IFTTT

Christmas Crunchtime

The week before Christmas is crucial for retailers as more shoppers wait until the last minute for deals.

from WSJ.com: US Business http://ift.tt/1Jkh20h
via IFTTT

India's Sun Pharmaceutical Gets FDA Warning

Sun Pharmaceutical’s factory in western India received a warning letter from the FDA, the latest setback for India’s pharmaceutical companies.

from WSJ.com: US Business http://ift.tt/1PgsL6k
via IFTTT

Employers Battle Drug Costs

Rising drug costs are forcing tough decisions on those who foot the bill for much of American health care: employers. The pinch is most acute for large employers that, like the University of Minnesota, are self-insured.

from WSJ.com: US Business http://ift.tt/1Oe6XcB
via IFTTT

Boeing, Lockheed to Press Bomber-Contract Protest

Boeing and Lockheed Martin vowed to press ahead with their effort to overturn the Pentagon’s award of twin contracts to Northrop Grumman to develop and build a fleet of new long-range bombers costing around $80 billion, a process they described as ‘irreparably flawed.’

from WSJ.com: US Business http://ift.tt/1YrhSiy
via IFTTT

Senate to Vote on 'Audit the Fed' Bill in January

Senate Majority Leader Mitch McConnell (R., Ky.) scheduled a vote for next month on legislation known as “Audit the Fed,” which would expand congressional oversight of the Federal Reserve’s interest-rate decisions.

from WSJ.com: US Business http://ift.tt/1PeSRql
via IFTTT

Lockheed Seeks Injunction Against Oshkosh Work

Lockheed Martin filed an injunction that if granted could force Oshkosh to again stop work on building thousands of trucks for the Army and Marine Corps.

from WSJ.com: US Business http://ift.tt/1UL8fLv
via IFTTT

Amazon Seeks Cargo Planes for Air Freight Operation

Amazon.com Inc. has held discussions with air cargo companies to lease airplanes and build its own freight operation, according to people familiar with the matter.

from WSJ.com: US Business http://ift.tt/1PbLLRC
via IFTTT

VW Dealers Await Decision on Diesel Repair

As Volkswagen discusses repair options for diesel cars with emissions-cheating software with U.S. regulators, dealers say a solution can’t come soon enough for their stalled businesses.

from WSJ.com: US Business http://ift.tt/1T6RKrO
via IFTTT

Darden Bags Profit, Raises Outlook

Darden Restaurants swung to a profit in its latest quarter and boosted its earnings outlook for the year as same-restaurant sales increased across its brands.

from WSJ.com: US Business http://ift.tt/1T6RJnT
via IFTTT

Wal-Mart Promotes Tony Rogers to U.S. Chief Marketing Officer

Wal-Mart Stores Inc. has elevated Tony Rogers to U.S. chief marketing officer to take over messaging for the world’s largest retailer in its biggest market.

from WSJ.com: US Business http://ift.tt/1OdiMzP
via IFTTT

U.S. and Mexico Agree to Liberal Air-Service Treaty

Government transportation ministers from the U.S. and Mexico on Friday signed a liberal air treaty between the two nations after two years of negotiations, U.S. officials said, paving the way for airlines on both sides of the border to ply any route with unlimited frequencies and set their own prices.

from WSJ.com: US Business http://ift.tt/1OdiJE7
via IFTTT

'Star Wars: The Force Awakens' Grosses $57 Million Thursday Night in U.S. and Canada

Walt Disney Co.’s “Star Wars: The Force Awakens” launched into theaters at light speed Thursday night, grossing a record breaking $57 million in the U.S. and Canada.

from WSJ.com: US Business http://ift.tt/1NtFMXJ
via IFTTT

Coke Strike in Chicago Heats Up

A strike by Coke workers in Chicago marks an increasingly contentious departure from the labor peace that the beverage giant has generally enjoyed in the U.S.

from WSJ.com: US Business http://ift.tt/1PdOyvs
via IFTTT

Turing Close to Replacing Martin Shkreli as CEO

Turing Pharmaceuticals AG is close to replacing founder Martin Shkreli as chief executive in the wake of his arrest Thursday, people familiar with the matter said.

from WSJ.com: US Business http://ift.tt/22e3TRZ
via IFTTT

Syngenta Discussing Possible Deals

Syngenta is discussing possible deals with “a number of parties” and is open to combinations with companies including Monsanto, the Swiss pesticide giant’s top executive said.

from WSJ.com: US Business http://ift.tt/1UJMU52
via IFTTT

BlackBerry's Results Beat Expectations

BlackBerry Ltd.’s latest quarterly results beat expectations, and the company showed progress in its strategy of expanding software and services sales.

from WSJ.com: US Business http://ift.tt/1Id1iBl
via IFTTT

Moody's Review of BHP's Credit Rating Piles On Pressure

Moody’s said it was reviewing the credit rating of mining giant BHP Billiton for a possible downgrade, ratcheting up pressure on the miner amid tumbling commodities prices and a disaster at a BHP joint venture in Brazil.

from WSJ.com: US Business http://ift.tt/1MkWFzX
via IFTTT

China's Qihoo 360 Strikes New Buyout Deal

Chinese Internet-security company Qihoo 360 Technology said it would go private for about $9.3 billion in cash, six months after its chairman first proposed a deal.

from WSJ.com: US Business http://ift.tt/22dcqEN
via IFTTT

BHP Billiton Put on Review by Moody's

BHP Billiton’s credit rating was put on review by credit-ratings firm Moody’s Investors Service for a potential downgrade.

from WSJ.com: US Business http://ift.tt/1PauZSR
via IFTTT

Glaxo Buys Bristol-Myers Squibb's HIV Assets

GlaxoSmithKline has agreed to pay Bristol-Myers Squibb up to $1.5 billion to acquire the U.S. company’s pipeline of HIV drugs.

from WSJ.com: US Business http://ift.tt/1PcEvHb
via IFTTT

Philip Morris Loses Latest Case Against Australia Cigarette-Pack Laws

An arbitration court in Singapore has ruled it has no jurisdiction to consider the case, which the company filed as a trade issue under an investment treaty with Hong Kong.

from WSJ.com: US Business http://ift.tt/1QQE59i
via IFTTT

Arianespace Sees Satellites Take Giant Leap into Small Steps

Arianespace, which built its reputation on boosting big payloads to high orbits, is tailoring its launches to optimize handling large numbers of small satellites as demand rises.

from WSJ.com: US Business http://ift.tt/1Ylyy0a
via IFTTT

Fed Hikes, but Some Rates Veer Lower

On the day the Federal Reserve implemented its plan to raise interest rates, driving up overnight borrowing costs, broader market forces conspired instead to drive other U.S. interest rates down.

from WSJ.com: US Business http://ift.tt/1TTi7S9
via IFTTT

Behind the Fall of Brazil's Construction 'Prince'

Building magnate faces charges in massive corruption case rocking the highest levels of Brazilian business and government.

from WSJ.com: US Business http://ift.tt/22c4FPt
via IFTTT

Cancer-Care Giant to Pay $19.75 Million to Settle Medicare Billing Probe

Cancer-care giant 21st Century Oncology Holdings Inc. agreed to pay $19.75 million to settle civil allegations by the Justice Department that its doctors performed a bladder-cancer test on Medicare patients more often than medically necessary, according to people close to the investigation.

from WSJ.com: US Business http://ift.tt/1NssZoD
via IFTTT

U.S. Warns Alibaba Again About Counterfeit Goods

U. S. trade officials issued another warning to Chinese e-commerce giant Alibaba, saying brand owners continue to complain that its online sales platforms are still major sellers of counterfeit goods.

from WSJ.com: US Business http://ift.tt/1T50S0i
via IFTTT

New LightSquared Settles GPS Lawsuit With Garmin

LightSquared and Garmin settled their long legal fight over whether the wireless venture’s Global Positioning System network interfered with receivers made by Garmin.

from WSJ.com: US Business http://ift.tt/1RVsbf2
via IFTTT

Volkswagen Taps Feinberg for Emissions-Claims Program

Volkswagen tapped outside lawyer Kenneth Feinberg to run a program addressing claims linked to the German auto giant’s emissions crisis.

from WSJ.com: US Business http://ift.tt/1T4Xsux
via IFTTT

Nutrisystem Buys South Beach Diet Brand

Nutrisystem Inc. has purchased the South Beach Diet brand, which has more than 23 million books in print, for $15 million.

from WSJ.com: US Business http://ift.tt/1NWeMBV
via IFTTT

Deal Gives Avon CEO Sheri McCoy a Chance to Revamp

A deal with Cerberus Capital Management, which would inject $435 million into Avon and carve out the North American business into a separate company with another $170 million investment, will buy Avon Chief Executive Sheri McCoy time to figure out a viable plan for the company’s remaining operations.

from WSJ.com: US Business http://ift.tt/1QsQTEn
via IFTTT

Hallmark's Feel-Good Diet Draws Viewers, Advertisers

Crown Media’s Hallmark Channel and Hallmark Movies & Mysteries rely on a diet of romance, holidays and family to draw its audience. A favorite of viewers over the age of 50, the programming is beginning to strike a chord with Gen Xers.

from WSJ.com: US Business http://ift.tt/226Ox1C
via IFTTT

P&G's Gillette Sues Dollar Shave Club

Procter & Gamble Co.’s Gillette filed suit against online subscription razor seller Dollar Shave Club for violation of intellectual property.

from WSJ.com: US Business http://ift.tt/1QsQTEg
via IFTTT

In Lincoln, Neb., a View of Full Employment

Full employment has arrived in this Midwestern city, offering a taste of the higher pay and new perks more companies are using to lure workers in a tight labor market.

from WSJ.com: US Business http://ift.tt/1NAxBH0
via IFTTT

Just Mayo to Remain Just Mayo

The maker of Just Mayo, a vegan alternative to traditional mayonnaise, will keep the name but change its label after settling a dispute with federal regulators.

from WSJ.com: US Business http://ift.tt/1mqzJKS
via IFTTT

Hoverboard Safety Concerns Create Challenge for Retailers, Regulators

Two-wheeled gadgets called hoverboards were supposed to be one of the hottest holiday gifts. But rising safety concerns have turned the invention into a reminder of the risks of scooping up little-known brands.

from WSJ.com: US Business http://ift.tt/1MjYNYR
via IFTTT

Talking Toys Are Getting Smarter: Should We Be Worried?

Internet-connected talking dolls like Hello Barbie that can actually converse are bewitching kids but unsettling parents. Are they really the menace critics have made them out to be?

from WSJ.com: US Business http://ift.tt/1P9EL7O
via IFTTT

LifeLock to Pay $113 Million to Settle FTC Charges

The Federal Trade Commission agreed to a $113 million settlement with LifeLock Inc., alleging the company violated a previous 2010 settlement.

from WSJ.com: US Business http://ift.tt/1IXgK4D
via IFTTT

SecureWorks Files for IPO

Dell Inc.’s cybersecurity unit SecureWorks Corp., which had previously filed confidentially for an initial public offering, publicly outlined its plans for going public.

from WSJ.com: US Business http://ift.tt/1NAqpuF
via IFTTT

Corporate Drama Series Hits Close to Home in Japan

Japan’s “Shitamachi Rocket” TV series turns patent litigation and medical-device regulation into tear-jerking melodrama—struggles that resonate deeply in a country where industry increasingly centers on supplying parts to household names like Apple.

from WSJ.com: US Business http://ift.tt/1TSRPzu
via IFTTT

Samsung Bets Big on Drug Making

Samsung is parlaying its expertise in manufacturing chips and smartphones into a new business making biologic drugs for the pharmaceutical world’s biggest names.

from WSJ.com: US Business http://ift.tt/1ObEog5
via IFTTT

Why Samsung Is Placing Its Bets on Contract Drug Manufacturing

The chief executive of Samsung BioLogics says in an interview Samsung aims to be the world’s biggest contract manufacturer of biologic drugs for global pharmaceutical companies.

from WSJ.com: US Business http://ift.tt/1ObzW0P
via IFTTT

FCC Seeks Information From Firms on Practices and Net Neutrality

The Federal Communications Commission said Thursday it sent letters this week to T-Mobile US Inc., Comcast Corp. and AT&T Inc. seeking more information about new services they are offering that critics worry could circumvent net-neutrality rules.

from WSJ.com: US Business http://ift.tt/1ObzUGa
via IFTTT

Southwest, Ground-Workers Union Relations Grow Testier

The union that represents 12,300 Southwest Airlines Co. airport ground worker said Thursday that more than 100 members last week were suspended without pay for 45 to 90 days for attending union meetings on their own time in November.

from WSJ.com: US Business http://ift.tt/1O9VyUY
via IFTTT

BlackBerry Expected to Report Loss in Third Quarter---Earnings Preview

BlackBerry is scheduled to report financial results Friday morning and the focus will be on what impact the smartphone company’s new Android-based Priv device is having on hardware sales.

from WSJ.com: US Business http://ift.tt/1Oz4IuP
via IFTTT

Tesla's Musk Urges California to Push VW Toward Electric

Tesla Motors Chief Executive Elon Musk and others are urging California to push Volkswagen AG toward more environmentally friendly vehicles.

from WSJ.com: US Business http://ift.tt/1Qs83lu
via IFTTT

Fed Move Met With Mixed Reaction From Global Central Banks

Central banks around the world had mixed reactions to the U.S. Federal Reserve’s first increase in short-term interest rates in nearly a decade, with most opting to increase their own borrowing costs or hold them steady.

from WSJ.com: US Business http://ift.tt/1mpVzho
via IFTTT

General Mills Profit Rises, Helped by Cost Cuts

General Mills said profit in its latest quarter rose as extensive cost reductions by the maker of Betty Crocker cake mixes and Progresso soups offset a slump in sales.

from WSJ.com: US Business http://ift.tt/1YnnfiW
via IFTTT

Navistar Posts Narrower Loss

Truck maker Navistar International reported a smaller-than-expected loss as its parts segment increased profitability and its truck segment cut its loss.

from WSJ.com: US Business http://ift.tt/1lThQ7j
via IFTTT

Apple Names Jeff Williams First COO Since Tim Cook

Apple named Senior Vice President Jeff Williams its chief operating officer, filling a role that has been vacant since Chief Executive Tim Cook assumed his post in 2011.

from WSJ.com: US Business http://ift.tt/1TSarje
via IFTTT

Fed's Policy Rate Rises to 0.35%, Inside Target Range, in Early Trade

It took nearly a decade for the Federal Reserve to raise interest rates, but only minutes for its decision to take effect early Thursday. In early morning trading, the federal-funds rate rose to 0.35%, inside the Fed’s new 0.25% to 0.5% target range.

from WSJ.com: US Business http://ift.tt/1lTbpBh
via IFTTT

Cerberus Strikes Deal to Buy Into Avon

Cerberus struck a $605 million deal to buy 80% of Avon’s North American business and take a nearly 17% stake in the famed cosmetics company.

from WSJ.com: US Business http://ift.tt/1QP2Ges
via IFTTT

Trade Groups, in a Twist, Seek More U.S. Regulation

Chemicals used to make baby bottles, paint strippers and furniture have become lightning rods for consumer activism, state regulation and restrictions by big chain stores. And that has prompted manufacturers to ask for more federal regulation of their products.

from WSJ.com: US Business http://ift.tt/1Oyj6Dy
via IFTTT

Drug Executive Martin Shkreli Arrested on Fraud Charges

Pharmaceutical executive Martin Shkreli—who gained notoriety earlier this year for significantly raising prices on drugs—was arrested on charges of securities and wire fraud based on his former work at a hedge fund.

from WSJ.com: US Business http://ift.tt/1OydWrh
via IFTTT

U.S. Jobless Claims Fell Last Week

The number of Americans filing for first-time unemployment benefits fell last week, a sign of stability in the labor market.

from WSJ.com: US Business http://ift.tt/1TRXk1A
via IFTTT

VW Overhauls CEO's Team Following Emissions Scandal

Volkswagen said it has overhauled most of the personnel in Chief Executive Matthias Mueller’s team in the wake of the emissions-rigging scandal that has plagued the company since September.

from WSJ.com: US Business http://ift.tt/1NURDjc
via IFTTT

Tsinghua Criticizes Opposition to Taiwan Chip Ambitions

A Chinese executive criticized opposition from Taiwan’s top presidential candidate to his company’s plans to invest in Taiwan’s semiconductor industry, saying such views risked the island’s growth.

from WSJ.com: US Business http://ift.tt/1O8wgGN
via IFTTT

France Squeezes Orange With $380 Million Antitrust Fine

France’s antitrust watchdog has slapped telecom operator Orange SA with a $380 million fine for anticompetitive behavior in providing services to companies.

from WSJ.com: US Business http://ift.tt/1NURDja
via IFTTT

AstraZeneca to Buy Stake in Acerta Pharma

AstraZeneca said it would buy a 55% stake in biotech company Acerta Pharma for $4 billion, in the U.K. drugmaker’s latest effort to rebuild its pipeline.

from WSJ.com: US Business http://ift.tt/1T36Nmq
via IFTTT

Cerberus Nears Deal to Buy 80% of Avon's North American Business

Cerberus Capital Management LP is nearing a deal to buy 80% of AvonProducts Inc.’s North American business and take a nearly 17% stake in the famed cosmetics company, according to people familiar with the matter.

from WSJ.com: US Business http://ift.tt/1P9KfRL
via IFTTT

Is United Operating on Autopilot?

United’s management suite is rife with openings, and three key executives have “acting” before their titles. The airline’s leadership has been in flux since its longtime chief executive was ousted in September along with two senior executives.

from WSJ.com: US Business http://ift.tt/1moUvul
via IFTTT

Disney Bets on Biggest Theaters for 'Star Wars' Opening

Walt Disney is hoping openings at many of the largest, loudest and priciest screens in the U.S. and Europe will provide a record opening for the debut of its first entry in the popular space series.

from WSJ.com: US Business http://ift.tt/1T2xO9N
via IFTTT

When Paris Hurts, So Does the Travel Industry

Early numbers suggest a fast decline in tourism in the City of Lights after the November terror attacks, Scott McCartney writes.

from WSJ.com: US Business http://ift.tt/228EIjH
via IFTTT

Copyright Royalty Board Raises Rates on Internet Broadcasters

Internet radio companies such as Pandora Media Inc. will pay more for the music they play on their ad-supported services over the next five years, the federal Copyright Royalty Board ruled, but not nearly as much as record labels and artists had hoped.

from WSJ.com: US Business http://ift.tt/1RpwMXz
via IFTTT

EU Privacy Law Has Broad Implications

The sweeping new digital privacy regime that European Union officials agreed to runs counter to practices that have become commonplace in the U.S., according to several American corporations.

from WSJ.com: US Business http://ift.tt/1m8snLr
via IFTTT

Hilton to Spin Off Hotel Properties Into REIT

Hilton Worldwide Holdings Inc. plans to spin off its hotels into a real-estate investment trust, a move that has become popular among casino, restaurant and retail companies looking to slim down and boost their stocks.

from WSJ.com: US Business http://ift.tt/228tyeO
via IFTTT

Canadian Pacific Railway Boosts Offer for Norfolk Southern

Canadian Pacific Railway boosted its hostile proposal for Norfolk Southern Corp., adding a contingent-value right that it said would provide up to $3.4 billion in additional value for its target’s shareholders.

from WSJ.com: US Business http://ift.tt/228tyeU
via IFTTT

Standoff Over Shire's Pursuit of Baxalta Nears an End

After a nearly six-month stalemate, Shire is entering the endgame in its pursuit of Baxalta. It will either make a deal, or walk away.

from WSJ.com: US Business http://ift.tt/1O77JlB
via IFTTT

U.S. Businesses Worry About Stronger Dollar

American businesses fretted that the first interest rate increase in seven years came at a time when a strong U.S. dollar is already sapping demand for exports and low energy and commodity prices are weighing on growth in the industrial economy.

from WSJ.com: US Business http://ift.tt/1Qt7yYg
via IFTTT

FedEx Profit Boosted by Online Holiday Shopping

FedEx said profit rose 4.2% in its latest quarter, with adjusted profit topping Wall Street’s expectations, and the company reaffirmed its full-year earnings guidance.

from WSJ.com: US Business http://ift.tt/1Qt7yYa
via IFTTT

Stronger Dollar Weighs on Oracle

Oracle said its earnings fell 12% in the latest quarter, as the hit from a strong U.S. dollar offset continued growth in its cloud business.

from WSJ.com: US Business http://ift.tt/1OwKf9T
via IFTTT

Steven Spielberg's DreamWorks Relaunches as Amblin Partners

The independent studio is relaunching as Amblin Partners and has signed a multiyear distribution deal with Comcast Corp.’s Universal Pictures.

from WSJ.com: US Business http://ift.tt/1YicljP
via IFTTT

GE Sets Financial Targets for 2016

General Electric Co. told investors it expects per-share operating earnings of $1.45 to $1.55 in 2016 and organic revenue growth of 2% to 4% amid sluggish conditions in the global economy.

from WSJ.com: US Business http://ift.tt/1QsZjLH
via IFTTT

California Proposes Rules for Autonomous Cars

California unveiled proposed regulations for autonomous cars, a long-awaited step for car companies seeking guidance before eventually selling them to consumers.

from WSJ.com: US Business http://ift.tt/1T2g1ze
via IFTTT

Fed Updates Details of Rate Rise Tools, Boosts Size of Reverse Repos

The Federal Reserve explained in greater detail how it plans to raise short-term interest rates, significantly increasing the potential size of a program designed to put a floor underneath short-term rates.

from WSJ.com: US Business http://ift.tt/1NxDbK9
via IFTTT

Fed Forecasts Show Only Small Changes to Officials' Outlook

Federal Reserve officials said Wednesday they expect a more gradual pace of short-term interest rate increases in coming years than they did three months ago.

from WSJ.com: US Business http://ift.tt/1RSkEh4
via IFTTT

Fed Raises Rates After Seven Years at Zero

he Federal Reserve said it would raise its benchmark interest rate from near zero—to 0.25% to 0.50%—for the first time since December 2008, and emphasized it will likely lift it gradually thereafter in a test of the economy’s capacity to stand on its own with less support from super easy monetary policy.

from WSJ.com: US Business http://ift.tt/1TQl8Tu
via IFTTT

Whirlpool Accuses LG and Samsung of Dumping

Whirlpool is asking the U.S. to impose duties on washing machines made by Korean rivals Samsung  Electronics and LG Electronics.

from WSJ.com: US Business http://ift.tt/1Mhfcgt
via IFTTT

As Fed Finally Raises Rates, Pent-Up Risks Emerge

The big question surrounding market turbulence as the Fed stands poised to start raising rates is whether the fallout will be transitory or the start of a wider disruption. Right now it looks transitory, Greg Ip writes, but history advises caution.

from WSJ.com: US Business http://ift.tt/1RS6Nrc
via IFTTT

North American Travelers More Satisfied With Airports: J.D. Power

In the first survey of airports since 2010, J.D. Power and Associates found that traveler satisfaction with 64 large and medium-size North American airports rose to 725 on a 1,000-point scale, compared with an overall score of 690 five years ago.

from WSJ.com: US Business http://ift.tt/227eH4h
via IFTTT

U.S. Industrial Production Down 0.6% in November

U.S. industrial production declined for the third straight month in November, a reflection of low oil prices, softening demand for many long-lasting manufactured goods and warm weather’s effect on utility use.

from WSJ.com: US Business http://ift.tt/1QMp5cy
via IFTTT

U.S. Housing Starts Surge 10.5% in November

Home-building in the U.S. rose broadly in November, the latest sign the housing market is gaining momentum despite the prospect of higher mortgage rates.

from WSJ.com: US Business http://ift.tt/1mnO4HS
via IFTTT

Emerging Markets Gird for Fed Rate Increase

The Federal Reserve’s expected first rate increase in almost a decade is stirring fears of another wave of turmoil in emerging markets that have already been hit by financial squalls, rising debt levels and anemic demand.

from WSJ.com: US Business http://ift.tt/1QpOGJS
via IFTTT

Valeant Slashes Earnings Guidance on Philidor Fallout

Valeant Pharmaceuticals slashed its outlook for the fourth quarter and full year, and issued downbeat earnings guidance for 2016, as the drugmaker deals with the fallout from its relationship with specialty pharmacy Philidor.

from WSJ.com: US Business http://ift.tt/1O5yhna
via IFTTT

Robert Bosch Probed Amid VW Emissions Scandal

German prosecutors said they are investigating whether employees of auto-parts supplier Robert Bosch helped Volkswagen to manipulate software that allows vehicles to cheat emissions tests.

from WSJ.com: US Business http://ift.tt/1O5yfeQ
via IFTTT

AstraZeneca Announces 2 Deals in Bid to Reach Sales Target

AstraZeneca announced two deals in two parts of the business it is targeting for growth, underlining the pace of activity at the drugmaker as it pursues a target of nearly doubling sales by 2023.

from WSJ.com: US Business http://ift.tt/1Qpz4pO
via IFTTT

Hallmark's Feel-Good Diet Draws Viewers, Advertisers

Two of the hottest cable networks—Crown Media’s Hallmark Channel and Hallmark Movies & Mysteries—rely on a diet of romance, holidays and family to draw its audience. A favorite of viewers over the age of 50, the programming is beginning to strike a chord with Gen Xers.

from WSJ.com: US Business http://ift.tt/226Ox1C
via IFTTT

Xiaomi Plays Down Sales Target

Xiaomi’s chairman said that hitting this year’s smartphone sales forecast isn’t his top priority, as questions mount over whether the startup can reach its target.

from WSJ.com: US Business http://ift.tt/1NpgA4N
via IFTTT

Google Still Searching for New Users in India

Sundar Pichai, chief executive of Alphabet Inc.’s Google, used a visit to India to provide an update on his plans to increase Internet access in the world’s second-most-populous country.

from WSJ.com: US Business http://ift.tt/1NpgA4J
via IFTTT

China Touts Its Great Firewall in Push for Internet Control

Chinese President Xi Jinping called for countries to have authority to regulate the Internet, outlining a future in which governments could censor information.

from WSJ.com: US Business http://ift.tt/1T19ipl
via IFTTT

Rolls-Royce Shakes Up Management to Boost Growth

Engine maker Rolls-Royce Holdings announced an overhaul of its senior management as it seeks to drive longer-term growth following a series of profit warnings.

from WSJ.com: US Business http://ift.tt/1m6vUKc
via IFTTT

Telecom Italia Shareholders Approve Vivendi Board Members

Shareholders in Telecom Italia have approved a request from France’s Vivendi to obtain four seats on the board of the Italian operator, in a surprise move that would give the French media group greater influence over the firm’s strategy.

from WSJ.com: US Business http://ift.tt/1RnWdZD
via IFTTT

Ex-Cisco Executive Padmasree Warrior Joins Electric-Car Startup

Padmasree Warrior, one of Silicon Valley’s best-known female tech executives is shifting industries to join the global race to develop electric cars.

from WSJ.com: US Business http://ift.tt/1YfyuiG
via IFTTT

EU Officials Settle on Privacy Law

European Union officials reached agreement Tuesday on a pan-European digital-privacy law, creating a strict new legal framework that will have ripple effects globally on how companies can use individuals’ personal information.

from WSJ.com: US Business http://ift.tt/1QL37GH
via IFTTT

South Korea Plans Big Jump in Fuel-Cell Vehicles

South Korea wants one in 10 of every new cars sold in the country to be a fuel-cell model by 2030.

from WSJ.com: US Business http://ift.tt/1Zb0G3g
via IFTTT

Two Activists Put One CEO on the Spot

Mondelez International CEO Irene Rosenfeld has been getting lots of unsolicited advice from activist investors Nelson Peltz and William Ackman.

from WSJ.com: US Business http://ift.tt/1QKZL6E
via IFTTT

Genetic Testing May Be Coming to Your Office

A handful of firms are offering employees free or subsidized tests for genetic markers associated with metabolism, weight gain and overeating.

from WSJ.com: US Business http://ift.tt/1ITlFDA
via IFTTT

Valeant: An Accounting Pioneer, Too

Embattled drugmaker Valeant Pharmaceuticals’ books look very different from those of its peers. Here are three ways its accounting is unusual.

from WSJ.com: US Business http://ift.tt/1JaDSr2
via IFTTT

Firm Bets on Biotech That Changes How Food Is Produced

Intrexon, which is led by billionaire pharmaceutical entrepreneur Randal J. Kirk, has invested millions of dollars in technology to create rapidly growing salmon and apples that don’t turn brown.

from WSJ.com: US Business http://ift.tt/1ITlFDu
via IFTTT

Where Easy Money Has Helped and Hurt

Retirees on fixed income, homeowners looking to refinance, small-business owners and top multinational executives have all felt the effects of the Fed’s decision to hold interest rates near zero for seven years. Some have prospered and some have struggled in this era of historically low rates.

from WSJ.com: US Business http://ift.tt/1m5rEuq
via IFTTT

Fed to Mark the End of Era

The Federal Reserve’s likely decision Wednesday to raise short-term borrowing costs will mark the end of an era of zero interest rates, a period of extraordinary policy experimentation that has yielded mixed results.

from WSJ.com: US Business http://ift.tt/1QKlQCk
via IFTTT

Imperial Eschews 'Tobacco'

Imperial Tobacco Group said Tuesday that it plans to change its name to Imperial Brands PLC, joining a long line of companies that have cast off unsavory or outdated monikers.

from WSJ.com: US Business http://ift.tt/1QK7rWI
via IFTTT

Chipotle Heads Back to the Test Kitchen

A string of disease outbreaks is forcing the once-scrappy upstart restaurant to act more like the big fast-food chains it long has derided

from WSJ.com: US Business http://ift.tt/1ZasYL5
via IFTTT

Fed Risks New Distortions When It Raises Rates

Federal Reserve officials say they are nearly ready to raise rates after years of easy money, but they won’t know until they try if the tools they have devised will work or create new problems. Part of the central bank’s toolkit is a program that has its own complications.

from WSJ.com: US Business http://ift.tt/1lMxDEU
via IFTTT

U.S. Home-Builder Confidence Slips

U.S. home-builder confidence fell slightly in December, a sign that the increasingly tight labor market in construction is starting to weigh on builders.

from WSJ.com: US Business http://ift.tt/1O75Vze
via IFTTT

Kuok Cools on China as Tycoon Exits Hong Kong Media

His sale of the South China Morning Post reflects a larger change, in which traditional Asian tycoons appear to be giving way to homegrown Chinese billionaires hungry for acquisitions.

from WSJ.com: US Business http://ift.tt/1O32frQ
via IFTTT

Prada's Net Profit Plunges 26%

The Italian luxury house posted a sharp drop in net and operating profit for the first nine months of its financial year, as it continued to struggle to get costs under control and reignite shopper interest.

from WSJ.com: US Business http://ift.tt/1MeZbaS
via IFTTT

Valeant, Walgreens Unveil Drug Pacts

Valeant announced drug pricing and distribution agreements with Walgreens as the pharmaceutical company seeks to lower prices and expand access to its drugs.

from WSJ.com: US Business http://ift.tt/1Nn7dlX
via IFTTT

3M Cuts 2015 Forecast Again

3M cut its earnings forecast again for the year, saying it is battling a “continued slow-growth global economy.”

from WSJ.com: US Business http://ift.tt/1QJvLbb
via IFTTT

U.S. Consumer Prices Flat in November

U.S. consumer prices were flat in November, weighed down by a drop in gas prices, although the broader trend of underlying inflation showed signs of firming amid rising services costs.

from WSJ.com: US Business http://ift.tt/1IRQOY6
via IFTTT

Volkswagen Faces Lawsuit in China Over Emissions

Volkswagen faces a civil lawsuit in China from an environmental group calling for financial penalties and an apology over the auto maker’s global emissions scandal.

from WSJ.com: US Business http://ift.tt/1P4Fj0I
via IFTTT

Qualcomm Decides to Keep Current Structure

Despite pressure from investor and antitrust authorities, Qualcomm says it won’t split up its chip-making business and its patent-licensing unit.

from WSJ.com: US Business http://ift.tt/1OtzuVM
via IFTTT

U.K. Police Arrest Man in Connection With VTech Hacking

U.K. police have arrested a 21-year-old man as part of an investigation into the late November hacking of Hong Kong-based toy maker VTech Holdings.

from WSJ.com: US Business http://ift.tt/1P4FgSx
via IFTTT

AMC Hires Adam Aron as CEO

AMC Entertainment hired Adam M. Aron as chief executive and president, the movie-theatre company said. Mr. Aron joins the company from the recently sold Starwood Hotels & Resorts Worldwide where he had served as interim CEO since February.

from WSJ.com: US Business http://ift.tt/1Otzwgp
via IFTTT

Sumitomo Mitsui Unit to Buy GE's Japan Leasing Business

The leasing unit of Sumitomo Mitsui Financial Group reached an agreement to buy General Electric’s Japan leasing business for $4.8 billion.

from WSJ.com: US Business http://ift.tt/1QJ752u
via IFTTT

Alibaba to Sell Disney Content System in China

Alibaba and Disney are launching a so-called over-the-top content system in China to rev up sales of movie-related toys, books and trips to Disneyland.

from WSJ.com: US Business http://ift.tt/1SZ26dq
via IFTTT

Airbus Close to Selecting Buyer for Defense Electronics Businesses

Airbus Group CEO Tom Enders said Tuesday the company expects to select the likely buyer for its defense electronics businesses before the year end.

from WSJ.com: US Business http://ift.tt/1QJ752s
via IFTTT

In Beer Merger, Head Office Is Hard to Call

The various corporate addresses and stock-market listings that AB InBev must consider in its deal for SABMiller underscore the complex mechanics of determining where to base a multinational giant and serial acquirer.

from WSJ.com: US Business http://ift.tt/1YcC2SH
via IFTTT

Anglo American Job Cuts Strike at Core of South Africa's Mining Industry

When mining giant Anglo American said last week that it would shed more than half its global workforce in the coming years, nowhere did the news hit harder than in South Africa, the mining behemoth’s ancestral home.

from WSJ.com: US Business http://ift.tt/1Ut9wGL
via IFTTT

France Fines 20 Courier Companies

France’s antitrust watchdog fined 20 courier companies a combined $738.7 million for fixing price increases for parcel delivery services for six years.

from WSJ.com: US Business http://ift.tt/1NQU1Hu
via IFTTT

Sanofi, Boehringer in Talks Over Asset Swap

Sanofi said it has entered exclusive negotiations with Boehringer Ingelheim on a possible exchange of its animal health business for the German group’s consumer health care business.

from WSJ.com: US Business http://ift.tt/1QpZG9U
via IFTTT

Nissan, Renault to Tighten Alliance Without Merger

After settling a dispute with the French government, Renault and Nissan will step up integration without moving toward a full merger at this point, alliance chief Carlos Ghosn said.

from WSJ.com: US Business http://ift.tt/1UsLyvt
via IFTTT

Holiday Online Orders Taking Longer, Study Says

Don’t wait until the last minute to do your holiday shopping online this year. It took an average of nearly seven days, or 20% longer than last year, for orders placed on Cyber Monday to arrive, according to a study by retail consultancy Kurt Salmon.

from WSJ.com: US Business http://ift.tt/1m2V0K8
via IFTTT

As China Dream Fades, Workers Fight Back

For workers like Li Jiang, China’s factory closings represent a failed promise, the fraying of a social compact in which migrants accepted grueling shift work for the promise of a better future.

from WSJ.com: US Business http://ift.tt/1P3Gc9E
via IFTTT

Adjusting to Mind the GAAP

Pro forma results, that favorite financial obfuscation of the dot-com era, are making a comeback—with a notable adjustment.

from WSJ.com: US Business http://ift.tt/1P3Ee9o
via IFTTT

Struggling Toys 'R' Us Tries Fuller Stores

More than a decade after Toys “R” Us was acquired in a leveraged buyout, the retailer is still struggling with a chronic problem: running out of goods during the important holiday season.

from WSJ.com: US Business http://ift.tt/1jZapcU
via IFTTT

Pinterest Narrows Ad Focus to Match Users' Interest

Pinterest is scaling back the breadth of its advertising ambitions, focusing more on attracting dollars from retailers and consumer packaged-goods companies while de-emphasizing other marketing categories.

from WSJ.com: US Business http://ift.tt/1lJXFIU
via IFTTT

Dow-DuPont Merger Sows Anxiety in 2 Cities

Dow Chemical’s plan to merge with rival DuPont is stoking anxiety among residents of Midland, Mich., and Wilmington, Del., respectively, where the companies are based.

from WSJ.com: US Business http://ift.tt/1Nm39lX
via IFTTT

Hudson's Bay Near Deal to Buy Gilt Groupe

The Hudson’s Bay, which owns Saks Fifth Avenue, is near a deal to buy online luxury retailer Gilt Groupe for about $250 million, according to people familiar with the matter.

from WSJ.com: US Business http://ift.tt/1lJLCLM
via IFTTT

Why China Is Loosening the Yuan's Ties to the Dollar

China’s new pledge to depeg its currency from the U.S. dollar underscores a difficult fact for Beijing: the U.S. Federal Reserve could blunt its efforts to rekindle Chinese growth.

from WSJ.com: US Business http://ift.tt/1TM3gco
via IFTTT

Auto-Parts Makers Gear Up for Deals

Flush with cash and bolstered by U.S. sales running at more than a decade-high, auto-parts companies are preparing to crank up their merger and acquisitions activity to advance their technology offerings.

from WSJ.com: US Business http://ift.tt/1Rl2e9t
via IFTTT

Greg Ip: Beware an Inflation Scare

Persistently low inflation has led investors to expect more of the same in coming years, but fear of superlow inflation or even deflation may be getting out of hand.

from WSJ.com: US Business http://ift.tt/1jZ23Cc
via IFTTT

Pfizer Raises Quarterly Dividend by 7.1%

Pfizer Inc. said its board has raised the pharmaceutical company’s quarterly dividend to 30 cents a share from 28 cents.

from WSJ.com: US Business http://ift.tt/1jYXyaI
via IFTTT

Norfolk Southern Rejects Revised Canadian Pacific Bid

Norfolk Southern officially rejected Canadian Pacific Railway’s latest $30 billion bid to merge the two railroads, bringing the rivals a step closer to a potential proxy fight.

from WSJ.com: US Business http://ift.tt/1QiRA32
via IFTTT