Heineken Lifts Profit But Warns of Rising Currency Pressure

Brewer Heineken reported a rise in profit and revenue and reiterated its full-year profit expectations despite economic weakness in developing markets and what it described as increasing currency headwinds.

from WSJ.com: US Business http://ift.tt/2akTu1Y
via IFTTT

Hospital Chain's CEO Faces Lawsuit Over Business Practices

Prem Reddy has built Prime Healthcare Service into one of the largest for-profit hospital chains in the U.S. But he has also attracted criticism, and now he is the central figure in a lawsuit.

from WSJ.com: US Business http://ift.tt/2aJNxw1
via IFTTT

Despite Global Glut, China Doubles Down on Natural Gas

Sinopec is spending big to extract gas from shale, aided by government support for cleaner energy.

from WSJ.com: US Business http://ift.tt/2aqHePk
via IFTTT

Pact With Visa Puts PayPal on Defensive

The Visa-PayPal pact sparked a selloff in PayPal shares that has put the fast-growing company on the defensive and underscored that in the battle between Silicon Valley and entrenched financial firms, the newer players may eventually ally with firms they once hoped to compete against.

from WSJ.com: US Business http://ift.tt/2aekKxo
via IFTTT

'Bourne' Sequel Spies Solid Start

“Jason Bourne” opened to an estimated $60 million in the U.S. and Canada this weekend, a solid start for the latest entry in the spy series from Universal Pictures.

from WSJ.com: US Business http://ift.tt/2aa6xpH
via IFTTT

Mobile, Cloud Fuel Profits in Tech Sector

The latest batch of tech-industry earnings show how two technology trends—mobile and the cloud—are taking root and delivering big profits for the companies that bet on them.

from WSJ.com: US Business http://ift.tt/2aBiOBJ
via IFTTT

Economy Buffets Presidential Election

The U.S. economy is flashing mixed signals heading toward November’s election, complicating the sharply different views of the vitality of the seven-year expansion by Hillary Clinton and Donald Trump.

from WSJ.com: US Business http://ift.tt/2aBc9re
via IFTTT

Tech Giants Target Terror

Social-media companies are trying to level the playing field in the online propaganda war with Islamist radicals. Their goal is to see what kinds of messages could reach potential extremists before they become radicalized.

from WSJ.com: US Business http://ift.tt/2aHbEhW
via IFTTT

Twitter Fails to Harness Its Importance

Twitter is so bad at surfacing its most valuable content that a whole ecosystem of other players has arisen to do it for Twitter, from apps and data-mining services to the news media itself, writes Christopher Mims.

from WSJ.com: US Business http://ift.tt/2ajTgIt
via IFTTT

Global Economy Week Ahead: U.S. Jobs Data and U.K. Rate Decision

The U.S. jobs report for July could add to worries about slow economic growth or point toward improvement over the summer, while in the U.K., the Bank of England may cut interest rates to a historic low.

from WSJ.com: US Business http://ift.tt/2a9L688
via IFTTT

India's Go-Slow Economic Transformation Hamstrings Reform Efforts

Indians’ average incomes have grown fourfold since the government cracked open its state-dominated economy in 1991, embracing private enterprise and foreign investment. But the aftermath also put a cautious stamp on future drives to transform the economy.

from WSJ.com: US Business http://ift.tt/2a9vGRD
via IFTTT

Most European Banks Survive Stress Test

Most European banks survived their regulators’ stress test, with only a clutch of lenders seen struggling to ride out an economic meltdown.

from WSJ.com: US Business http://ift.tt/2adrdsu
via IFTTT

Telecoms Reconsider Fees as Price War Fades

Big U.S. wireless carriers have reported second-quarter results that suggest prices have stabilized, and some are even talking about possible increases.

from WSJ.com: US Business http://ift.tt/2aGi8y4
via IFTTT

At Black Hat, the 'Internet of Things' Gets Put Through Its Paces

When computer hackers and security pros gather for twin conferences in Las Vegas, the focus will be on risks related to the growing assortment of connected thermostats, smartwatches and other devices that the tech industry calls the “internet of things.”

from WSJ.com: US Business http://ift.tt/2aIjgxK
via IFTTT

Chinese Group Buys Online-Gambling Firm

A Chinese consortium led by Shanghai Giant Network Technology and including a private-equity arm of Alibaba founder Jack Ma has agreed to pay $4.4 billion for an Israeli gambling business.

from WSJ.com: US Business http://ift.tt/2aGi01f
via IFTTT

Rio Tinto Has Bounced Back on Stronger Prices for Minerals

Rio Tinto, which will give its half-year profit report on Wednesday, has benefited from improved prices for its main commodities—iron ore, coal and copper.

from WSJ.com: US Business http://ift.tt/2aFoM7F
via IFTTT

'Great Wall': Matt Damon Battles Monsters in China

The sci-fi fantasy film centered on China’s great wall has hopes of becoming a global blockbuster.

from WSJ.com: US Business http://ift.tt/2aHoCJH
via IFTTT

Five Hershey Trust Directors to Retire in Settlement With Pa. Attorney General

Five directors at a charitable trust that controls Hershey Co. will leave the board as part of a settlement agreement with Pennsylvania’s top law-enforcement officer.

from WSJ.com: US Business http://ift.tt/2aEZRhj
via IFTTT

Bidders Circle Formula One

The long-awaited sale of the Formula One may finally be nearing the finish line as a number of bidders including British broadcaster Sky PLC are circling the racing series.

from WSJ.com: US Business http://ift.tt/2axpHEf
via IFTTT

Talend Nudges Dormant Tech IPO Market

Software company Talend had a strong debut on the Nasdaq in what investors see as a possible boost for the lackluster tech IPO market so far this year.

from WSJ.com: US Business http://ift.tt/2aBe93T
via IFTTT

Viacom Board Suit Against Redstone Holding Company to Proceed

A Delaware judge will hear arguments on whether 93-year-old Sumner Redstone had the competency to decide to replace five board members at Viacom.

from WSJ.com: US Business http://ift.tt/2aQerlc
via IFTTT

Low Crude Prices Hammer Big Oil Companies

Exxon Mobil Corp. saw profit fall 60%, and Chevron reported a third-straight quarterly loss on Friday, capping off a week of lackluster results for the biggest Western oil companies and underscoring the continued challenge they face as crude prices fall to just above $40 a barrel.

from WSJ.com: US Business http://ift.tt/2aCLtsw
via IFTTT

Merck Revenue Rises on Cancer, Hepatitis Treatments

Merck posted an unexpected increase in revenue as new cancer and hepatitis treatments bolstered results.

from WSJ.com: US Business http://ift.tt/2aftODQ
via IFTTT

ArcelorMittal Earnings Beat Expectations

ArcelorMittal reported its best quarter in five years as steel markets in the U.S. and Europe improved thanks to new protective import tariffs, stronger demand and shrinking inventories.

from WSJ.com: US Business http://ift.tt/2aDNYIt
via IFTTT

U.S. Consumer Sentiment Falls in July

A gauge of U.S. consumer sentiment dropped in July, as Americans continued to cite concerns over the economic fallout from the United Kingdom’s Brexit vote.

from WSJ.com: US Business http://ift.tt/2aiI2lj
via IFTTT

Exxon Mobil Profit Falls to a New Low

Exxon Mobil said its quarterly profit dropped 60%, again plumbing a new low since the 1999 merger of Exxon and Mobil, as the oil giant remains racked by low energy prices.

from WSJ.com: US Business http://ift.tt/2awb5Vt
via IFTTT

U.S. Economy Grew at a Disappointing 1.2% in 2nd Quarter

The U.S. economic growth sputtered this spring with cautious businesses largely offsetting more robust consumer spending.

from WSJ.com: US Business http://ift.tt/2aeRxUS
via IFTTT

U.S. Employment Costs Up 0.6% in Second Quarter

Employers’ personnel costs rose modestly during the spring, the latest reminder of slow income growth during the recovery.

from WSJ.com: US Business http://ift.tt/2ahcb5X
via IFTTT

U.K. Delays Decision on Hinkley Point Nuclear Project

Plans to build a controversial $23.7 billion nuclear-power project in the U.K. were unexpectedly delayed after the government postponed making a final decision until the fall.

from WSJ.com: US Business http://ift.tt/2a4AuaQ
via IFTTT

UPS Profits Rise on Higher Shipments

UPS reported profit rose 3.2% in the latest period, though higher fuel costs cut into climbing revenue from its U.S. and international package deliveries.

from WSJ.com: US Business http://ift.tt/2aPejCt
via IFTTT

China Approves AB InBev Deal for SABMiller

Anheuser-Busch InBev’s takeover of rival SABMiller received the green light from Chinese regulators, giving the Belgian brewer the final regulatory clearance it needs to move forward with the more than $100 billion deal.

from WSJ.com: US Business http://ift.tt/2aC5Iqm
via IFTTT

NextEra to Buy Energy Future's Oncor in $18.4 Billion Deal

NextEra Energy agreed to buy Energy Future’s stake in Oncor, in a deal that values the electricity transmissions business at $18.4 billion and could end Energy Future’s stay in chapter 11 bankruptcy.

from WSJ.com: US Business http://ift.tt/2aeNtEd
via IFTTT

Reckitt Benckiser Reports 18.5% Drop in First Half Profit

Consumer goods giant Reckitt Benckiser Group reported an 18.5% drop in first-half profit as it was forced to take a large charge tied to deaths in South Korea allegedly caused by its humidifier disinfectant.

from WSJ.com: US Business http://ift.tt/2aC6944
via IFTTT

AB InBev Profit Hit by Foreign-Exchange Charge

Anheuser-Busch InBev reported a huge drop in second-quarter net profit, as it booked a $1.77 billion charge against foreign-exchange hedging related to its megamerger with SABMiller.

from WSJ.com: US Business http://ift.tt/2aOPEhw
via IFTTT

Sony Reports Surprise Profit

The April-June profit defied analysts’ expectations for a loss due to weak image-sensor sales and the costs from recent earthquakes.

from WSJ.com: US Business http://ift.tt/2a4b3WI
via IFTTT

IAG Cuts Growth Plans as Brexit, Terrorism Hurt Airlines

British Airways parent International Consolidated Airlines Group’s second-quarter operating profit rose 4.7% but per-passenger revenue slumped as the Brexit vote and terrorism weighed on demand.

from WSJ.com: US Business http://ift.tt/2aOPqXG
via IFTTT

Facebook Gets Tax Notice Over Transfer of Assets Overseas

Facebook said that it could end up owing $3 billion to $5 billion in additional taxes as a result of action by the Internal Revenue Service in a long-running dispute related to how it transferred assets overseas.

from WSJ.com: US Business http://ift.tt/2aNVW0X
via IFTTT

This Beach Cabana Has Lousy Wi-Fi

Ocean clubs are caving in to type A telecommuters by upgrading internet service and allowing patrons to install routers and land lines.

from WSJ.com: US Business http://ift.tt/2auyvLh
via IFTTT

Microsoft to Shed 2,850 Additional Jobs

Microsoft Corp. plans to lay off 2,850 employees, adding to previously announced job cuts as it retools its sales operations and dismantles its mobile phone hardware business.

from WSJ.com: US Business http://ift.tt/2akxq9g
via IFTTT

How Netflix's 'Beat Bugs' Creator Tapped Rights to Beatles Catalog

Television-show creators base their ideas on everything from books to historical eras, but writer-director Josh Wakely uses an unusual formula: He starts by licensing entire catalogs of the world’s most valuable songs, including the Beatles.

from WSJ.com: US Business http://ift.tt/2adDD5i
via IFTTT

Cities Struggle to Add Upscale Housing While Maintaining Diversity

Cities from Seattle to Chicago, Washington and New York are struggling to crack the ultimate urban code: How to squeeze in ever more well-off people without driving out the less affluent?

from WSJ.com: US Business http://ift.tt/2aunVnw
via IFTTT

International Paper Sees Weak Packaging Demand In Brazil Before Olympics

International Paper isn’t seeing a rise in packaging demand in Brazil ahead of next month’s Olympic Games, a marked contrast to two years ago, when demand surged as the country hosted the World Cup.

from WSJ.com: US Business http://ift.tt/2azKNog
via IFTTT

Wynn Resorts Tops Wall Street Views, Helped by Strong Macau Revenue

Wynn Resorts posted second-quarter results above Wall Street estimates as revenue from Macau operations increased following a string of declines.

from WSJ.com: US Business http://ift.tt/2aBEn53
via IFTTT

Google Profits Surge on Strong Ad Demand

Google parent Alphabet Inc. rode strong advertising demand to a 24% increase in profits, as it continues to capture users and advertisers shifting to mobile.

from WSJ.com: US Business http://ift.tt/2a7Lznc
via IFTTT

Amazon Posts Another Blockbuster Profit

Amazon reported another record profit and its fifth straight quarter in the black as it continued to reap new sales from Prime memberships and its relentless push to deliver goods ever faster.

from WSJ.com: US Business http://ift.tt/2akaBCV
via IFTTT

Auto Makers in Europe Fret About Crimp From Brexit

After years of financial heartache in Europe, second-quarter results show global auto makers are finally seeing a turnaround in the region—just as Brexit raises a cloud over the industry.

from WSJ.com: US Business http://ift.tt/2a7LK1y
via IFTTT

Qualcomm CEO Sees Major Progress in China

China has flipped from being Qualcomm’s biggest problem to the force driving a new upturn in business for the big mobile chip maker.

from WSJ.com: US Business http://ift.tt/2akaSFF
via IFTTT

Judge Denies Motion to Dismiss Viacom CEO's Suit

The legal battle for future control over Sumner Redstone’s $40 billion media empire appears to be headed to trial.

from WSJ.com: US Business http://ift.tt/2a2JDjX
via IFTTT

Colgate-Palmolive Revenue Declines

Colgate-Palmolive’s revenue slid more than expected in the second quarter as foreign-currency headwinds dragged down results, particularly in Latin America.

from WSJ.com: US Business http://ift.tt/2aAk1vw
via IFTTT

Apple's Hard-Charging Tactics Backfire in TV

Some of the tactics used by Apple to achieve success have hurt its efforts to revolutionize the TV-watching experience. In search of its new big thing, the company has alienated cable providers and networks with an assertive negotiating style.

from WSJ.com: US Business http://ift.tt/2az8vky
via IFTTT

How Mobile Games Rake In Billions

Behind a pair of recent multibillion-dollar deals in the mobile videogame industry is an expertly crafted weapon: virtual goods sold inside apps for as little as 99 cents a pop. In-app purchases let players spend real money to bypass ads, acquire skills or grow powerful quickly.

from WSJ.com: US Business http://ift.tt/2aB2now
via IFTTT

Hershey Posts Revenue Gain as It Swings to Profit

Hershey said its U.S. candy sales will be lower than expected this year, as the chocolate giant beefs up its cost-cutting efforts after rejecting a buyout offer from Mondelez International.

from WSJ.com: US Business http://ift.tt/2az7ZmE
via IFTTT

Brazil Freezes Facebook Funds in Latest Clash Over WhatsApp Messages

Brazilian federal prosecutors have froze about $11.6 million of Facebook funds in the latest dispute over access to WhatsApp messages.

from WSJ.com: US Business http://ift.tt/2a775bI
via IFTTT

Ford's Profit Declines 9% on Lower China Sales

Ford’s net profit fell 9% in the second quarter and the car maker tempered its outlook amid a modest decline in the core North American performance and weaker China sales.

from WSJ.com: US Business http://ift.tt/2adFdn3
via IFTTT

Baidu's Stumbles Raise Doubts About Its Future

The Chinese internet company is expected to report lower revenue and profit amid concerns that it hasn’t done enough to broaden its business.

from WSJ.com: US Business http://ift.tt/2aAAmh6
via IFTTT

Android Handset Makers' Advance Squeezes Apple

Earnings reports from the world’s top smartphone makers this week highlight how fortunes are diverging in the mobile-phone market as competition intensifies.

from WSJ.com: US Business http://ift.tt/2ayGmtS
via IFTTT

At Comic-Con, Indie Publishers Tout Their Stock

Each year at Comic-Con International, Hollywood executives sift through comics for sale to find stories that could be adapted into the next blockbuster movie or binge-worthy television show.

from WSJ.com: US Business http://ift.tt/2adFaaS
via IFTTT

U.S. Jobless Claims Rose to 266,000

The number of Americans filing new applications for jobless benefits climbed last week, though the overall level remained consistent with a labor market that continues to expand.

from WSJ.com: US Business http://ift.tt/2ajeN5K
via IFTTT

Oracle to Buy Cloud-Software Provider for $9.3 Billion

Business software maker Oracle agreed to buy NetSuite for $9.3 billion, a cloud computer firm whose largest investor is Oracle Chairman Larry Ellison.

from WSJ.com: US Business http://ift.tt/2a1WuD1
via IFTTT

Volkswagen Posts 56% Drop in After-Tax Profit

The German auto maker’s operating profit surged nearly 20%, but that was halved by charges, largely related to the company’s emissions-cheating scandal.

from WSJ.com: US Business http://ift.tt/2azbr08
via IFTTT

Shell Profit Hit Hard by Low Oil Prices

Royal Dutch Shell reported a sharp drop in second-quarter profit compared with a year earlier as lower oil and gas prices weighed on earnings.

from WSJ.com: US Business http://ift.tt/2a1vG63
via IFTTT

Total's Second-Quarter Profit Falls 30%

Lower oil prices and a weaker refining market dropped the company’s net while revenue fell 17%.

from WSJ.com: US Business http://ift.tt/2aM96eN
via IFTTT

Diageo Profit Hit by Currency Volatility

Diageo reported weaker profit for the year as the world’s largest spirits maker was hit by currency volatility and one-time charges.

from WSJ.com: US Business http://ift.tt/2a1vWBP
via IFTTT

SoftBank Net Profit Rises 19%

SoftBank’s net profit for the fiscal first quarter rose 19% in its first earnings report since the Japanese company took the global semiconductor industry by surprise with a $32 billion deal to acquire ARM.

from WSJ.com: US Business http://ift.tt/2agskux
via IFTTT

AstraZeneca Posts $3 Million Loss

AstraZeneca posted a loss in the second quarter as it furiously invested in its next-generation drugs while battling falling sales of its aging blockbuster Crestor, and took a restructuring charge relating to a cost-reduction program.

from WSJ.com: US Business http://ift.tt/2aM9hH7
via IFTTT

BHP Billiton to Take $1 Billion Profit Hit From Brazil Dam Charges

BHP Billiton said it would record a provision of over $1 billion relating to last year’s deadly dam failure at a Brazilian iron-ore mining operation.

from WSJ.com: US Business http://ift.tt/2arSslx
via IFTTT

China's Taikang Life Insurance Takes Stake in Sotheby's

Taikang Life Insurance Co. has disclosed a 13.5% stake in Sotheby’s, citing a “positive view” of the auction company’s prospects as well as potential interest in a board seat.

from WSJ.com: US Business http://ift.tt/2anMiVt
via IFTTT

GlaxoSmithKline Helped and Hurt by Sterling's Post-Brexit Fall

While Brexit provided an expected boost to core earnings for GlaxoSmithKline, it also led to a big write-down—the latest in a series of surprises stemming from Britain’s vote to leave the EU.

from WSJ.com: US Business http://ift.tt/2ay61lX
via IFTTT

Whole Foods Profit Falls; Sales Slip

Whole Foods Market Inc. on Wednesday gave weak projections for the current quarter, as it booked its fourth-consecutive decline in quarterly profit.

from WSJ.com: US Business http://ift.tt/2ay5KQe
via IFTTT

Teva, Allergan Get FTC Approval for Generics Purchase

Teva Pharmaceutical Industries Ltd. on Wednesday won regulatory approval from the Federal Trade Commission for its acquisition of Allergan PLC’s generics business, conditioned upon Teva’s divestiture of 75 drugs to rivals.

from WSJ.com: US Business http://ift.tt/2argwFx
via IFTTT

Amgen Profit Rises 13%, 2016 Outlook Raised

Amgen Inc. said its second-quarter earnings rose 13% on better-than-expected revenue growth, which was again driven by sales of key drugs such as Enbrel.

from WSJ.com: US Business http://ift.tt/2acsXb8
via IFTTT

Alere Faces Criminal Probe Over Medicare, Medicaid Billing

Federal investigators are seeking information about government-billing practices at Alere, adding to a litany of woes at the diagnostic-testing company, as it seeks to complete a deal to sell itself.

from WSJ.com: US Business http://ift.tt/2ardRLP
via IFTTT

Gawker Founder Wins Temporary Reprieve From Judgment

A Florida appeals court temporarily lifted the threat of personal bankruptcy hanging over Gawker Media founder Nick Denton as a result of a heated legal battle with former wrestler Hulk Hogan.

from WSJ.com: US Business http://ift.tt/2aL6gGM
via IFTTT

Trump Calls for $10 Hourly Minimum Wage

Donald Trump called for a federal minimum wage of $10 an hour, departing from his past positions and his own party and moving more in line with Democrats.

from WSJ.com: US Business http://ift.tt/2ayt11C
via IFTTT

Facebook Posts Strong Profit and Revenue Growth

Facebook once again reported growing profit on the strength of its mobile-advertising business, sending its shares higher in after-hours trading.

from WSJ.com: US Business http://ift.tt/2aKZQrk
via IFTTT

The Real Lesson of Yahoo's Fall

Google and Facebook could learn the importance of focus from Yahoo, AOL and their ilk: Don’t try to be everything to everyone by copying, buying or mimicking the latest rival for users’ attention.

from WSJ.com: US Business http://ift.tt/2a0n3J6
via IFTTT

SABMiller Pauses Integration Work With Anheuser-Busch InBev

SABMiller has paused its integration work with Anheuser-Busch InBev according to a person familiar with the matter, as the London-brewer’s board consults with shareholders over whether AB InBev’s revised offer is acceptable.

from WSJ.com: US Business http://ift.tt/2axsj7m
via IFTTT

Weibo Navigates 'Brave New World'

Columnist Li Yuan writes that the transformation of Chinese social-media company Weibo illustrates how discussion today is stifled by a surplus of trivial information and a dearth of critical commentary.

from WSJ.com: US Business http://ift.tt/2aacWhJ
via IFTTT

Forrest Mars Jr., Former Co-President of Food Giant, Dies at 84

Forrest E. Mars Jr., a grandson of the founder of Mars Inc. who pushed to make M&M’s and other treats into global snacks, has died at age 84.

from WSJ.com: US Business http://ift.tt/2axrWtP
via IFTTT

Fed Leaves Door Open to Move as Soon as September

The Federal Reserve upgraded its assessment of the economy’s performance and said near-term risks to the outlook have diminished, effectively leaving the door open to raise rates later this year, possibly as early as September.

from WSJ.com: US Business http://ift.tt/2aaci3M
via IFTTT

The Economy Is Again Under the Sway of Asset Prices

The rise in wealth and asset prices underscores their increasing importance since the 1990s, and how vulnerable the economy remains to any shock that forces a sudden reassessment of their value, Greg Ip writes.

from WSJ.com: US Business http://ift.tt/2ae1CPT
via IFTTT

U.S. Pending Home Sales Edged Higher in June

A measure of homes under contract for sale rose slightly in June, as ongoing job growth and low interest rates continued to support the U.S. housing market going into the second half of the year.

from WSJ.com: US Business http://ift.tt/2a4EpQq
via IFTTT

Mondelez Reports Higher Profit, Plans to Expand in China

Mondelez International Inc. said its second-quarter earnings rose 14% with a boost from income generated by its interest in the snack maker’s former coffee business.

from WSJ.com: US Business http://ift.tt/2adJpSh
via IFTTT

Eli Lilly CEO to Retire

Eli Lilly CEO John Lechleiter will retire at the end of the year, the company said Wednesday, capping nearly four decades at the pharmaceutical manufacturer and an eight-year tenure at its helm.

from WSJ.com: US Business http://ift.tt/2aeFHvj
via IFTTT

LeEco, the Chinese Company Behind the Vizio Deal, Defies Definition

From content to hardware, LeEco has many tentacles—and an overriding interest to get into the U.S. market.

from WSJ.com: US Business http://ift.tt/2amcLTi
via IFTTT

U.S. Durable Orders Tumble on Overseas Turmoil

Demand for long-lasting factory goods fell sharply in June, a sign overseas turmoil is weighing on U.S. manufacturers.

from WSJ.com: US Business http://ift.tt/2a4qFFf
via IFTTT

Boeing Swings to Loss, but Results Still Top Views

Boeing Co. swung to a loss in the latest period and slashed its earnings outlook for the year, hurt by large charges related to expensive setbacks with the production of its commercial and military jets.

from WSJ.com: US Business http://ift.tt/2aen3n7
via IFTTT

Coke Revenue Slides as Volumes Flat

Coca-Cola posted said revenue slid more than expected in the latest quarter on flat soda volume amid continued weakness abroad, particularly in developing markets.

from WSJ.com: US Business http://ift.tt/2adrUSf
via IFTTT

Fiat Chrysler's Net Profit Jumps on Improved European Performance

Fiat Chrysler said second-quarter net profit rose 25% as the Italian-American car maker’s performance improved in Europe while holding steady in North America.

from WSJ.com: US Business http://ift.tt/2au0oUB
via IFTTT

Comcast Revenue Tops Estimates as Video Subscriber Losses Improve

Comcast reported better-than-expected financial results and limited the loss of cable customers, despite the pressure from cord-cutting and cheaper streaming options.

from WSJ.com: US Business http://ift.tt/2awPVpP
via IFTTT

Anthem Beats Views, Raises Outlook

Anthem boosted its revenue guidance for the year as results in the most recent quarter topped expectations, benefiting from continued strength in the health insurer’s government-business segments.

from WSJ.com: US Business http://ift.tt/2auY0yH
via IFTTT

Bayer Reports Higher Second-Quarter Profit, Raises Guidance

German pharmaceuticals and chemicals company Bayer reported a 19% rise in net profit for the second quarter of 2016, while revising its forecast for the full year.

from WSJ.com: US Business http://ift.tt/2awPtZ1
via IFTTT

Line Posts Profit in First Report Since IPO

It was the first quarterly earnings report since the operator of the popular messaging app raised $1.26 billion in the biggest technology initial public offering so far this year.

from WSJ.com: US Business http://ift.tt/2awPVqd
via IFTTT

In China, Apple's Local Competition Takes a Bite Out of Its Revenue

Apple has a China problem, and it may only worsen as Chinese smartphone makers offer better products and appeal to consumers to buy homegrown hardware.

from WSJ.com: US Business http://ift.tt/2a8HxeK
via IFTTT

Aviation History's Warning to Self-Driving Car Makers

Reducing risk when introducing autonomous-driving vehicles means taking time to allow the technology to mature and providing rigorous training for operators, say aviation safety experts.

from WSJ.com: US Business http://ift.tt/2alofq1
via IFTTT

Statoil Cuts Spending After Posting a Net Loss

Norway’s Statoil said it would cut its capital expenditure plans by 8% to $12 billion this year as the oil and gas producer swung to a second-quarter net loss.

from WSJ.com: US Business http://ift.tt/2a8Glbi
via IFTTT

Lacking 'Pokémon Go' Effect, Nintendo Swings to Loss

Nintendo reported a net loss of 234.2 million during the first fiscal quarter due to sluggish sales of videogame consoles and a strong yen.

from WSJ.com: US Business http://ift.tt/2alnOfp
via IFTTT

Nissan Profit Falls 11% as Yen Gains

A strengthening yen ate into profit on cars that Nissan sells overseas.

from WSJ.com: US Business http://ift.tt/2a8FYgW
via IFTTT

ARM Profit Up but Misses Forecasts

ARM Holdings, in its first earnings report since Japan’s SoftBank agreed to acquire the British chip designer for $32 billion last week, reported a second-quarter rise in revenue and profit.

from WSJ.com: US Business http://ift.tt/2alnVaE
via IFTTT

Air France-KLM Warns on Impact of Terror Attacks

Air France-KLM said the geopolitical and economic uncertainties that are depressing ticket prices would more than wipe out this year’s savings from lower fuel costs.

from WSJ.com: US Business http://ift.tt/2a8GkUU
via IFTTT

Airbus, FAA Spar Over Lithium Batteries

European jet maker Airbus Group is locked in a dispute with U.S. regulators over the safety of lithium-ion batteries installed on its latest model.

from WSJ.com: US Business http://ift.tt/2alor8I
via IFTTT

Puma's Biggest Star Ponders Retirement

Puma’s biggest star, the sprinter Usain Bolt, is parrying rumors he could retire as soon as the end of this summer’s Olympic Games in Brazil. For Mr. Bolt, retiring is a career issue. For Puma, it is a challenge faced by every company that taps athletes for endorsements.

from WSJ.com: US Business http://ift.tt/2atO7Bl
via IFTTT

Democrats' Economic Messages Reveal Tensions

Headline speakers at this week’s Democratic convention are offering jarringly different visions of the state of America’s economy, revealing a tough question for Hillary Clinton to answer: How good is the economy, anyway?

from WSJ.com: US Business http://ift.tt/2avuSnL
via IFTTT

Apple Earnings Fall on iPhone Slump

Apple said its quarterly profit fell 27% as the company grappled with the first prolonged slump in iPhone sales since the product was introduced in 2007.

from WSJ.com: US Business http://ift.tt/2afhuFs
via IFTTT

Twitter Revenue Growth Dwindles; Outlook Disappoints

Twitter continued the string of disappointing quarterly reports under chief Jack Dorsey with its worst-ever revenue growth and weak user numbers.

from WSJ.com: US Business http://ift.tt/2afhvcq
via IFTTT

Analog Devices to Acquire Linear Technology for $14.8 Billion

Analog Devices agreed to acquire fellow chip maker Linear Technology in a cash-and-stock deal worth $14.8 billion.

from WSJ.com: US Business http://ift.tt/2a2UdDj
via IFTTT

Live: Apple's Q3 Earnings and Conference Call

Apple releases its fiscal third-quarter earnings today. We’re live-blogging the results and the conference call with analysts.

from WSJ.com: US Business http://ift.tt/2at3SbB
via IFTTT

VW Gets Initial OK of $14.7 Billion Settlement With U.S. Drivers

A federal judge granted preliminary approval to Volkswagen’s $14.7 billion settlement with U.S. drivers of diesel-powered vehicles, clearing the way for the company to put the plan into action and put the emissions scandal behind it.

from WSJ.com: US Business http://ift.tt/2acHBwk
via IFTTT

Low Fuel Costs Help JetBlue's Profit Rise

JetBlue Airways Corp. said its second-quarter earnings rose 18% and the discount carrier continued to benefit from low fuel costs.

from WSJ.com: US Business http://ift.tt/29XgxCH
via IFTTT

Anglo American Just Scratching Surface in Effort to Slim Down

As the diversified mining company tries to exit coal and sell other businesses to reduce debt, its CEO is under increasing pressure from anxious investors.

from WSJ.com: US Business http://ift.tt/2aHPdFS
via IFTTT

BlackBerry Launches Its Second Android Phone

BlackBerry unveiled a second Android-powered phone, doubling down on efforts to revive its struggling handset business even as its first bet on the popular operating system has yet to pay off.

from WSJ.com: US Business http://ift.tt/29XgcQy
via IFTTT

5 Things to Watch at the Fed Meeting

Federal Reserve officials are virtually certain to leave interest rates unchanged at their meeting that wraps up Wednesday, but their policy statement will be scrutinized for any clues to whether a September rate increase is in play.

from WSJ.com: US Business http://ift.tt/2a75pjS
via IFTTT

Job Hopping Executives No Longer Pay a Penalty

The stigma of job hopping, moving from job to job every few years, is starting to fade as companies seek high-level hires with multiple recent employers.

from WSJ.com: US Business http://ift.tt/2aqZj03
via IFTTT

Mobileye Ends Partnership With Tesla

Mobileye, the largest supplier of camera-based advanced driver assistance safety systems, said on Tuesday that its agreement to supply Tesla with systems used in its Autopilot driver-assist system wouldn’t continue beyond the current product cycle.

from WSJ.com: US Business http://ift.tt/2ae3Mjr
via IFTTT

JetBlue Considers Adding Routes to Europe

JetBlue Airways is considering adding routes to Europe, a major shift for the primarily domestic discount carrier.

from WSJ.com: US Business http://ift.tt/2a6YjM6
via IFTTT

U.S. Consumer Confidence Virtually Unchanged for July

A gauge of U.S. consumer confidence edged lower, but was relatively unchanged in July, a sign American households are shrugging off global economic uncertainty in the wake of the Brexit vote.

from WSJ.com: US Business http://ift.tt/2aeqydK
via IFTTT

GE Finds Employee Ratings Unsatisfactory

The industrial giant is latest to join the ranks of companies that are overhauling their performance-review system. Evidence suggests that boiling a year of performance down to a single category does more harm than good for many employees.

from WSJ.com: US Business http://ift.tt/2ansKyT
via IFTTT

New-Home Sales Posted Solid Gain in First Half

Sales of newly built homes rose solidly in the first half of 2016 including an increase in June, a sign of healthy momentum in the U.S. housing market aided by low interest rates.

from WSJ.com: US Business http://ift.tt/2a8EpV9
via IFTTT

U.S. Home-Price Increases Maintained Strong Pace in May

U.S. home prices continued rising quickly in May, according to the Case-Shiller Home Price Index, further proof that the housing market had its strongest spring since the recession.

from WSJ.com: US Business http://ift.tt/2aaW6xq
via IFTTT

McDonald's Posts Lackluster Same-Store Sales Growth

McDonald’s posted weaker-than-expected same-store sales in its latest quarter, a sign that the boost from its all-day breakfast offerings may be receding.

from WSJ.com: US Business http://ift.tt/2a8wCGW
via IFTTT

After Yahoo, Mayer May Have to Wait for Another CEO Gig

Marissa Mayer is young enough to lead another company if she leaves Yahoo after its sale to Verizon, but experts say it is tough to rebound from a rookie reign many see as pocked by managerial missteps.

from WSJ.com: US Business http://ift.tt/2a8ppXy
via IFTTT

Google Took Different Approaches Than Yahoo

A number of factors led to Google’s and Yahoo’s diverging fates but at the core of Google’s success has been a consistent management team that has focused relentlessly on technology serving its massive online-advertising business.

from WSJ.com: US Business http://ift.tt/2adCN7t
via IFTTT

Verizon Results Dented By Worker Strike

Verizon reported revenue fell more than expected in the most recent quarter amid continued wireless weakness and a work stoppage that ate into the bottom line.

from WSJ.com: US Business http://ift.tt/2aqxV28
via IFTTT

Pokémon Go May Leave Competitors Hunting for Gamers' Attention

“Pokémon Go” has caught the attention of tens of millions of mobile gamers. It is likely catching a share of their spending on rivals’ games, too, analysts say.

from WSJ.com: US Business http://ift.tt/2adCIRf
via IFTTT

Henkel CEO Faces Task of Maintaining Pace Set by Predecessor

Hans Van Bylen, the new CEO of Germany’s Henkel, a maker of industrial and household staples including detergent and glue, faces the challenge of maintaining the growth pace set by his predecessor without pushing his staff too hard.

from WSJ.com: US Business http://ift.tt/2atL1gr
via IFTTT

AB InBev Raises Offer for SABMiller

Anheuser-Busch InBev raised its offer for rival brewer SABMiller, following a fall in the value of the British pound after the U.K. voted to leave the European Union.

from WSJ.com: US Business http://ift.tt/2amGOIF
via IFTTT

BP Posts Loss of $2.25 Billion

BP reported a second-quarter loss because of a multibillion-dollar charge relating to its 2010 Gulf of Mexico rig blowout and oil spill.

from WSJ.com: US Business http://ift.tt/2a7PNR7
via IFTTT

China Wrestles With Wage Dilemma

Rising worker pay in China is being blamed for factory shutdowns, but the government can’t keep a lid on pay without risking labor discontent.

from WSJ.com: US Business http://ift.tt/2ab2t6U
via IFTTT

McDonald's Earnings: What to Watch

McDonald’s Corp. is scheduled to announce its second-quarter earnings before the market opens on Tuesday. Here’s what you need to know.

from WSJ.com: US Business http://ift.tt/2a9pFQ4
via IFTTT

Verizon Doubles Down on Media With Yahoo Deal

Verizon’s planned acquisition of Yahoo deepens the nation’s largest wireless carrier’s investment in digital media but hands it a troubled company in need of restructuring.

from WSJ.com: US Business http://ift.tt/2apbRFi
via IFTTT

Boeing Is 'Delinquent' on Payments, Says Supplier Rockwell Collins

In a rare public dustup between two of the biggest collaborators in the aerospace industry, a major supplier to Boeing Co. said the world’s largest plane maker was behind on tens of millions dollars in payments due at the end of last month.

from WSJ.com: US Business http://ift.tt/2acgQWi
via IFTTT

U.S. Oil-Train Boom Is Quickly Waning

The recent boom in oil transportation by rail in the U.S. is in decline, threatening what was once viewed as a sizable driver of growth for the railroad industry.

from WSJ.com: US Business http://ift.tt/2a93tWg
via IFTTT

Fed Officials Push Back Against Calls to Overhaul Structure

Federal Reserve bank presidents are pushing back against a rising chorus of voices saying the central bank’s century-old structure needs to be overhauled to reduce bankers’ influence over its operations and policies.

from WSJ.com: US Business http://ift.tt/2asGNpn
via IFTTT

Nike CEO's Total Pay Soars to $47.6 Million

Nike said Chief Executive Mark Parker’s total compensation nearly tripled to $47.6 million for fiscal year 2016 compared with a year earlier thanks to a big increase in stock awards tied to him taking over the chairman role.

from WSJ.com: US Business http://ift.tt/2a93nhh
via IFTTT

Meet the Verizon Woman Behind the Yahoo Deal

Two years ago, the CEO of Verizon Communications handed a rising lieutenant a big job: build three business units that can each generate $5 billion of revenue a year. That executive is Marni Walden.

from WSJ.com: US Business http://ift.tt/2acLEZO
via IFTTT

Starbucks Is Shifting Roles of Senior Management

Starbucks Corp. is reorganizing the roles of its senior leaders, a week after the coffee giant had a sales-target miss for its third consecutive quarter.

from WSJ.com: US Business http://ift.tt/2aG3p23
via IFTTT

CFOs Turn to Outside Consultants as Challenges Mount

Finance chiefs at companies including Baxter International, Northern Trust and Alaska Air are turning to outside consultants as they grapple with increasingly complex challenges ranging from shareholder activism to merger integration.

from WSJ.com: US Business http://ift.tt/2ascn6A
via IFTTT

As It Ends, Yahoo's Tale Is One of Missed Chances

Yahoo’s $4.83 billion sale to Verizon puts an exclamation point on a tumultuous two-decade run that began with success as the web’s organizer, and ended with a cycle of failed leaders and strategic blunders.

from WSJ.com: US Business http://ift.tt/2aaWWLl
via IFTTT

Apple Taps Highly Regarded Executive to Oversee Car Project

Apple has tapped a highly-regarded senior executive who helped bring to market many of Apple’s signature products to oversee its fledgling automobile project, according to people familiar with the matter.

from WSJ.com: US Business http://ift.tt/2aoRCJj
via IFTTT

Redbox Owner Outerwall Agrees to Be Taken Private

Outerwall agreed to be acquired by private-equity firm Apollo Global Management for roughly $895 million, which would take the owner of Redbox movie-rental kiosks private.

from WSJ.com: US Business http://ift.tt/2a8Mq9K
via IFTTT

Twitter Aims to Be a Digital Watering Hole for Sports Fans

Twitter is fast turning into a digital hangout for sports fans, striking deals with Major League Baseball and the National Hockey League to host live video of games.

from WSJ.com: US Business http://ift.tt/2a7Qd3X
via IFTTT

AMC, Carmike Agree to Sweetened Takeover Deal

AMC Entertainment and Carmike Cinemas said they had agreed to a sweetened takeover deal at more than $800 million, after a vote to approve the deal was twice postponed.

from WSJ.com: US Business http://ift.tt/2abIky9
via IFTTT

Group Abandons Bid to Buy Out Baidu Video Unit

A consortium led by the chief executive of Chinese search giant Baidu dropped its $2.3 billion bid to buy out the company’s video-streaming operation after investors criticized it as a sweetheart deal for Baidu’s chief to profit at the expense of public shareholders.

from WSJ.com: US Business http://ift.tt/2a8EZzz
via IFTTT

Sprint's Loss Widens

Sprint on Monday reported its loss widened in the most recent quarter, though revenue slid less than expected.

from WSJ.com: US Business http://ift.tt/29UQ5tm
via IFTTT

Verizon to Buy Yahoo's Web Assets for $4.83 Billion

Verizon announced plans to buy Yahoo for $4.83 billion in cash, ending a drawn-out auction process for the beleaguered internet company.

from WSJ.com: US Business http://ift.tt/2abwOmw
via IFTTT

LVMH Sells Donna Karan to G-III for $650 Million

LVMH agreed to sell Donna Karan International to apparel company G-III for $650 million including debt—an unusual retreat for the French luxury giant from a major brand it tried for years to revive.

from WSJ.com: US Business http://ift.tt/29Za2uF
via IFTTT

Strong Yen Could Further Damp Japan Corporate Earnings Outlook

Major Japanese firms will this week release results for the April-June period in which the yen strengthened more than 8% against the U.S. dollar.

from WSJ.com: US Business http://ift.tt/2abwRyw
via IFTTT

Rank and 888 Eye Merger With William Hill

The two smaller firms haven't made a formal offer for the $3.5 billion bookmaker, and it sounds skeptical but says it will listen to a proposal.

from WSJ.com: US Business http://ift.tt/29Za1qB
via IFTTT

Ericsson Chief Departs After Profit Plunge

Ericsson CEO Hans Vestberg is stepping down as the Swedish telecom-equipment maker struggles with slowing demand and fierce competition.

from WSJ.com: US Business http://ift.tt/2a82GaZ
via IFTTT

Philips Profit Lifted by Health Technology

Philips reported a 57% rise in second-quarter net profit as it benefited from a strong performance of its health-technology operations and cost savings.

from WSJ.com: US Business http://ift.tt/2a76aYk
via IFTTT

Ryanair Posts 4% Profit Rises, Sticks With Forecasts

Ryanair stuck to its earnings target for the year after first-quarter profit rose 4%—bucking a trend for European carriers, whose earnings have been hit by shocks including terrorist attacks, air-traffic-control strikes and Brexit.

from WSJ.com: US Business http://ift.tt/2a82hp6
via IFTTT

Best-Paid CEOs Lag in Results, Study Says

The best-paid CEOs tend to run some of the worst-performing companies and vice versa, even when pay and performance are measured over the course of many years, according to a new study.

from WSJ.com: US Business http://ift.tt/2ajGyKy
via IFTTT

'Pokémon Go' Surged by Building Community

Columnist Christopher Mims writes that “Pokémon Go” became a monster hit by connecting people playing the game, even though it isn’t explicitly about bringing people together.

from WSJ.com: US Business http://ift.tt/2a4HtBW
via IFTTT

Huawei's First-Half Revenue Up 40%

Huawei Technologies didn’t disclose a revenue breakdown by business segment, but analysts said the Chinese technology giant, which is increasing its share of the global smartphone market, has seen revenue growth from its carrier business.

from WSJ.com: US Business http://ift.tt/2a6BCWE
via IFTTT

Tesla Races to Finish 'Gigafactory' in Time for Model 3 Rollout

Tesla is scrambling to finish building its massive $5 billion battery factory in Nevada to meet demand for its coming cheaper sedan, the Model 3, and provide power for new types of vehicles CEO Elon Musk says are under development.

from WSJ.com: US Business http://ift.tt/2a6idVR
via IFTTT

Tech Giants Boast Edge in Music Streaming

Streaming music is just a sideline for the industry’s power players—Apple, Amazon.com and Google parent Alphabet.

from WSJ.com: US Business http://ift.tt/2amOqxE
via IFTTT

Booze Makers Court Consumers With 'Healthier' Drinks

From nonalcoholic martinis to cocktails frothed with chickpea brine, drink purveyors are hustling to satisfy consumers’ growing desire for what they see as healthier quaffs.

from WSJ.com: US Business http://ift.tt/2aajAX6
via IFTTT

In China, a Robot's Place Is in the Kitchen

China is having a bout of robot fever, with “machine people” popping up from banks to badminton courts, but the enthusiasm has some worried about signs of a robot bubble.

from WSJ.com: US Business http://ift.tt/29XXKmt
via IFTTT

'Star Trek' Leads Box Office While 'Ice Age' Underwhelms

Hollywood’s sequel slowdown continued this weekend, this time with “Star Trek Beyond” and “Ice Age: Collision Course” faring worse than their predecessors at the box office.

from WSJ.com: US Business http://ift.tt/2aajZZu
via IFTTT

Verizon Finalizes $4.8 Billion Deal to Acquire Yahoo

Verizon has agreed to pay $4.8 billion to acquire Yahoo, ending a drawn-out auction process for the beleaguered internet company. The Silicon Valley web pioneer once had a market capitalization of more than $125 billion at the height of the dot-com boom.

from WSJ.com: US Business http://ift.tt/2aobZTD
via IFTTT

Apple Is Ripe for a Rally

Down 21% over the past 12 months, Apple shares have been punished more than enough.

from WSJ.com: US Business http://ift.tt/2amwHGZ
via IFTTT

BP Tries to Regain Its Footing With the 2010 Spill Behind It

BP is under pressure from investors and analysts to show it can rejoin the ranks of the world’s biggest oil companies now that the costs of the deadly Gulf of Mexico spill have largely come under control.

from WSJ.com: US Business http://ift.tt/2alaYxo
via IFTTT

China Drivers Find Advertised Fuel Economy a Fiction

China’s fuel-economy tests ignore some important real-world driving conditions, critics say, which may explain how the same car can end up with a higher fuel-efficiency rating in China than the U.S.

from WSJ.com: US Business http://ift.tt/2a8gUXc
via IFTTT

Bank of Japan Under Pressure to Join In Abe's Stimulus

As the Bank of Japan meets next week, Prime Minister Shinzo Abe’s government will be finalizing one of the biggest spending packages since he took office more than 3 1/2 years ago, vowing to revitalize the economy.

from WSJ.com: US Business http://ift.tt/2alakQr
via IFTTT

Debate Over U.S. Debt Changes Tone

A debate over whether America’s borrowing capacity has gone up—and how the nation might take advantage of it—has replaced the fights of yesteryear over the urgency of a “grand bargain” to slash the debt.

from WSJ.com: US Business http://ift.tt/2al6iHI
via IFTTT

G-20 Ministers Renew Vow to Promote Growth After Brexit Shock

Global finance ministers redoubled their commitments to use all available policy tools to boost economic growth, wary that myriad headwinds risk pushing the world economy into a low-growth rut.

from WSJ.com: US Business http://ift.tt/2al87EF
via IFTTT

Global Economy Week Ahead: Fed and BOJ Decisions, Eurozone GDP

It will be a big week in monetary policy as the U.S. Federal Reserve and Bank of Japan announce their latest monetary moves, and Brazil’s central bank unveils the minutes from its first policy decision under its new governor.

from WSJ.com: US Business http://ift.tt/2a8ebwL
via IFTTT

Continuing Fuel Glut Likely to Keep a Lid on Refiners' Profit

The unrelenting build up of fuel in storage tanks portends another weak quarter for U.S. oil companies that were counting on American drivers hitting the road to revive earnings from refining operations.

from WSJ.com: US Business http://ift.tt/2a6lest
via IFTTT

Dell, HP Take Opposite Tacks Amid Roiling Tech Market

Dell and EMC are betting that a diverse product portfolio will make the combined company a one-stop shop, while Hewlett-Packard says two halves of the former tech giant are better able to focus on innovation.

from WSJ.com: US Business http://ift.tt/2a6huY0
via IFTTT

Terror Weighs on Europe's Travel Industry

A cascade of terrorist incidents is driving away tourists at the height of Europe’s summer rush, casting a pall over hotel chains, airlines and luxury retailers.

from WSJ.com: US Business http://ift.tt/2a5jRXF
via IFTTT

Salesforce Would Have Bid 'Much Higher' for LinkedIn

Salesforce.com Inc. Chief Executive Marc Benioff, who lost a bidding war for LinkedIn Corp. to Microsoft Corp., told the social networking company that he would have made a stronger bid had it continued talks with him after its call for final offers. The information appeared Friday in a LinkedIn regulatory filing.

from WSJ.com: US Business http://ift.tt/2an2o28
via IFTTT

Hershey Trust to Reach Settlement With Pennsylvania Attorney General's Office

Hershey Co.’s largest shareholder—a trust that oversees billions of dollars for a local, nonprofit school—has agreed to make significant governance changes that could affect the future of the chocolate company, according to people familiar with the matter.

from WSJ.com: US Business http://ift.tt/2a2pA3H
via IFTTT

Despite Optimism, Oil Firms Keep Cutting Jobs

Energy companies continued to cut thousands of jobs during the second quarter, even though many chief executives are now voicing optimism that the oil market crash is ending and a rebound in drilling is afoot.

from WSJ.com: US Business http://ift.tt/2a6iueZ
via IFTTT

Car-Sharing Industry Is Loaded Down by Taxes

As more Americans go car-free, cities are increasing taxes on the car-sharing industry but not ride-hailing, according to research by DePaul University into the competitive landscape of the fledgling industries.

from WSJ.com: US Business http://ift.tt/2a5UU2I
via IFTTT

Autopilot Crash Shouldn't Slow Self-Driving Development, Regulator Says

Regulators won't look to slow the introduction of self-driving technology in the wake of a fatality connected to Tesla’s Autopilot technology, the head of the National Highway Traffic Safety Administration indicated.

from WSJ.com: US Business http://ift.tt/2a1rCRN
via IFTTT

Verizon Nears Deal for Yahoo's Internet Businesses

Verizon is nearing a deal to buy Yahoo’s core internet businesses, an agreement that would end a tumultuous period for the beleaguered internet company.

from WSJ.com: US Business http://ift.tt/2a2Cnkn
via IFTTT

American Airlines' Profit and Revenue Decline

American Airlines’ profit fell sharply in its latest quarter amid a revenue decline and a large provision for income taxes.

from WSJ.com: US Business http://ift.tt/2agwjd0
via IFTTT

Monsanto Wins EU Nod for New Biotech Soybeans

EU officials approved a new variety of biotech soybean developed by Monsanto, removing uncertainty for the company, which already had sold the seeds to farmers this year.

from WSJ.com: US Business http://ift.tt/29T5aan
via IFTTT

GE Reports 15% Rise in Revenue

General Electric posted a 15% rise in revenue in the most recent quarter as the company continues to shift its focus toward industrial businesses and away from banking.

from WSJ.com: US Business http://ift.tt/2aAFvou
via IFTTT

Pumped Up: Renewables Growth Revives Old Power-Storage Method

As solar and wind power grow, a century-old technology called pumped storage that involves moving water to stash power is finding new demand.

from WSJ.com: US Business http://ift.tt/2a0TN2W
via IFTTT

Honeywell International Cuts Revenue Guidance

Honeywell International Inc. posted revenue and profit gains in its latest quarter but cut its revenue forecast for the year as the company saw core organic sales fall in its three business units.

from WSJ.com: US Business http://ift.tt/2aAFCQP
via IFTTT

Samsung Sues Huawei Over Patent Infringement

Samsung’s suit against China’s Huawei Technologies is latest salvo between Asia’s two dominant smartphone makers over patents and innovation.

from WSJ.com: US Business http://ift.tt/2a0TENc
via IFTTT

Syngenta Profit Withers

Syngenta said its first-half sales and profit fell compared with a year earlier, as the Swiss seed and pesticide company cited weak commodity prices and an uncertain global economy.

from WSJ.com: US Business http://ift.tt/29PUwG3
via IFTTT

Vodafone Says Sales Beat Expectations

Vodafone Group’s investment bet in Europe is paying off as the world’s second-largest mobile carrier reported better-than-expected revenue and its eighth consecutive quarter of sales growth.

from WSJ.com: US Business http://ift.tt/29RqLB0
via IFTTT

Volkswagen Halts Sales in South Korea Amid Emissions Scandal

Volkswagen is suspending sales of its cars implicated in an emissions scandal in South Korea, in effect stopping all its marketing activities in the country.

from WSJ.com: US Business http://ift.tt/29PUWMB
via IFTTT

'Pokémon Go' Catches On in Japan

“Pokémon Go” finally made its debut in Japan, two weeks after it launched in the U.S., where it has become the biggest-ever smartphone game.

from WSJ.com: US Business http://ift.tt/29Rr2Uo
via IFTTT

Airlines' Year Turns Sour

Carriers continue to benefit from cheaper fuel but their fortunes have swooned amid plunging fares, terrorism fears and currency swings.

from WSJ.com: US Business http://ift.tt/2agOHyZ
via IFTTT

Why Oil Traders Are Writing Love Poems to Yahoo

Petroleum wheeler-dealers despair as company phases out its old Messenger software, which they have long used for trade logs, gossip and ‘crude’ jokes.

from WSJ.com: US Business http://ift.tt/2akISmV
via IFTTT

Boeing to Record Charges From Jet Programs

Boeing Co. on Thursday revealed more expensive stumbles with the production of new commercial and military jets, saying it would take $2.1 billion in charges in its coming earnings.

from WSJ.com: US Business http://ift.tt/2ayW2tg
via IFTTT

Pandora Media Shares Slide on Lower Guidance

Web-radio service Pandora Media Inc. on Thursday lowered its annual guidance as its quarterly loss widened amid lackluster subscription growth.

from WSJ.com: US Business http://ift.tt/2ayVFi2
via IFTTT

Sports Authority to Sell Denver Broncos Stadium Naming Rights

Sports Authority Holdings Inc.’s demise means a big-ticket item is officially up for grabs: the naming rights to the Denver Broncos football stadium.

from WSJ.com: US Business http://ift.tt/29YCdcA
via IFTTT

IMF Calls for 'Urgent' G-20 Action to Shore Up Global Economy

Painting a dark outlook for the global economy, the IMF issued an “urgent” call for the world’s largest economies to roll out more growth-boosting policies.

from WSJ.com: US Business http://ift.tt/29S0PEk
via IFTTT

Chipotle Profit Plunges, Sales Slide

Chipotle Mexican Grill profit dropped 82% in its June quarter as slowly recovering traffic at the beleaguered chain was offset by costly promotions to lure customers back after an illness outbreak last year.

from WSJ.com: US Business http://ift.tt/2aeN7AM
via IFTTT

Roger Ailes Resigns From Fox News; Rupert Murdoch to Take Over

Roger Ailes has agreed to resign as Fox News Channel’s chairman and chief executive following accusations of sexual harassment. He will be replaced by Fox Executive Chairman Rupert Murdoch.

from WSJ.com: US Business http://ift.tt/29X6Aq9
via IFTTT

AT&T Sales Grow, but Video Effort Lags

AT&T logged 23% sales growth in its latest quarter as it continues to benefit from its acquisition of DirecTV and brought in new wireless subscribers, but the company continued to fall flat in its attempt to add new video customers.

from WSJ.com: US Business http://ift.tt/29QxxXv
via IFTTT

Starbucks Adjusts Sales Targets After Third Straight Miss

Starbucks Corp. on Thursday revised its projections for the year as sales in the June quarter again fell short of expectations, dragged down by its European operations.

from WSJ.com: US Business http://ift.tt/29WMI2i
via IFTTT

How China Vanke Chief's State Savior Could Be His Undoing

When China Vanke went looking for a strategic shareholder to stave off takeover bids, chairman Wang Shi chose a government-owned company as a protector. Now that decision is haunting him.

from WSJ.com: US Business http://ift.tt/2ak7a0o
via IFTTT

Nucor Profit Soars on Lower Costs

Nucor Corp. reported a steep increase in quarterly profit Thursday and forecast a robust third quarter, as the steelmaker cashed in on weak commodity markets overseas and domestic prices propped up by tariffs.

from WSJ.com: US Business http://ift.tt/29QeBIz
via IFTTT

Biogen CEO to Step Down

Biogen said Chief Executive George Scangos is stepping down, news that came as the biopharmaceutical company provided an upbeat earnings outlook and unveiled a $5 billion share buyback.

from WSJ.com: US Business http://ift.tt/29OEZGt
via IFTTT

Liberty Media CEO Floated $15-a-Share Offer for Pandora Media

Liberty Media Corp. Chief Executive Greg Maffei floated an offer to internet radio company Pandora Media for roughly $15 a share, but Pandora’s board rebuffed the advance, people familiar with the matter said.

from WSJ.com: US Business http://ift.tt/29WysKQ
via IFTTT

U.S. Files Lawsuits Challenging Health Insurer Deals

U.S. antitrust enforcers filed lawsuits challenging Anthem’s proposed acquisition of Cigna. and Aetna’s planned combination with Humana on antitrust concerns.

from WSJ.com: US Business http://ift.tt/29Yim0I
via IFTTT

U.S. Existing-Home Sales Climb to Strongest Rate in Nearly a Decade

Sales of previously owned homes rose to their strongest pace in nearly a decade in June, buoyed by low mortgage rates and an improving economy.

from WSJ.com: US Business http://ift.tt/2abmIRD
via IFTTT

ECB Open to Further Stimulus at September Meeting

European Central Bank President Mario Draghi signaled policy makers are open, but not committed, to providing additional stimulus when they next meet in September, having by then had more time to assess the impact on growth prospects of the U.K.’s vote to leave the EU.

from WSJ.com: US Business http://ift.tt/2adO50h
via IFTTT

U.S. Presses Greece on Economic Reforms

Treasury Secretary Jacob Lew sees the country’s stability as critical to the recently shaky EU and therefore to U.S. interests.

from WSJ.com: US Business http://ift.tt/2abmERO
via IFTTT

VW SUV Represents Shift in Company Culture

Volkswagen AG’s plan to cede more control to its U.S. operation in the wake of its costly emissions scandal is getting a boost from an unlikely source: a spacious family-hauling SUV.

from WSJ.com: US Business http://ift.tt/29WeVKv
via IFTTT

Dish Network Tops Profit Views

Dish Network reported much better-than-expected earnings growth in the most recent quarter, though revenue grew less than anticipated and it had lost subscribers.

from WSJ.com: US Business http://ift.tt/2ajdQvT
via IFTTT

PulteGroup Reports Upbeat Earnings

PulteGroup reported that its new home orders and profit rose more than analysts were expecting as the U.S. housing market continues to remain solid.

from WSJ.com: US Business http://ift.tt/2a2Qg4N
via IFTTT

Sparkling Ice Glides Up as Other Diet Sodas Go Flat

Talking Rain Beverage has a recipe for success in the diet soda business: Its Sparkling Ice rides the wave of consumers’ growing demand for calorie-free sparkling waters.

from WSJ.com: US Business http://ift.tt/2adEHJY
via IFTTT

Indian Retailer Makes Fast Fashion Local

As demand for “fast fashion” spreads around the globe, Indian retailer Cover Story is betting it has figured out a way to take on big global brands like Zara and H&M encroaching on its home turf.

from WSJ.com: US Business http://ift.tt/2abf61E
via IFTTT

Theranos Hires Compliance, Regulatory Executives

Theranos hired two executives and formed a new board committee focused on quality and regulatory control, as the blood-testing startup contends with heavy regulatory sanctions and a criminal probe.

from WSJ.com: US Business http://ift.tt/2adEyXd
via IFTTT

Europe Airlines Fly Into Trouble

Terrorism, strikes and Brexit have caused shocks that have hit demand. Airlines have been forced to slash ticket prices to fill planes, and earnings expectations have been cut.

from WSJ.com: US Business http://ift.tt/2abeQjh
via IFTTT

U.S. Jobless Claims Edged Lower Last Week

The number of Americans filing new applications for jobless benefits fell last week, a sign the labor market could continue its expansion into the second half of the year.

from WSJ.com: US Business http://ift.tt/2axiwKT
via IFTTT

GM's Profit More Than Doubles

General Motors posted a 157% increase in net profit in the second quarter, leading the Detroit auto maker to raise its annual guidance.

from WSJ.com: US Business http://ift.tt/29XZfUw
via IFTTT

Komatsu to Buy Joy Global for $2.9 Billion as Japan Firms Shop Abroad

Komatsu has agreed to acquire U.S. mining-equipment manufacturer Joy Global, in the latest overseas acquisition by a Japanese firm seeking growth.

from WSJ.com: US Business http://ift.tt/2axeJxt
via IFTTT

Daimler Posts Slight Growth in Profit

German luxury car maker Daimler reported slightly higher net profit in the three months to the end of June, as the company continues to close in on rivals for the top spot in global premium brand automobiles.

from WSJ.com: US Business http://ift.tt/2a1hvgY
via IFTTT

Unilever Profit Edges Higher

Unilever said its net profit rose 2% for the first half of the year, even as revenue slipped on currency volatility, as the consumer goods giant’s focus on controlling costs paid off.

from WSJ.com: US Business http://ift.tt/29XW78w
via IFTTT

Roche Sales Rise on Cancer Drugs

Roche Holding said profit climbed in the first half of the year, buoyed by strong sales across the Swiss health-care giant’s pharmaceutical and diagnostics divisions.

from WSJ.com: US Business http://ift.tt/2a1hHN7
via IFTTT

Japan McDonald's Shares Hit 15-Year High on Pokémon Tie-Up

Shares in the Japanese unit of the restaurant chain touched their highest level since August 2001, in the latest speculative frenzy over companies that could profit from the smartphone game.

from WSJ.com: US Business http://ift.tt/29XWz6G
via IFTTT

Swatch Posts Sharp Drop in Profit

Swatch said profit and sales fell sharply in the first half of the year, confirming last week’s profit warning, but said it expected growth in the second half.

from WSJ.com: US Business http://ift.tt/2a1hv0d
via IFTTT

Hermès Sales Growth Slows

French luxury goods maker Hermès reported a sharp slowdown in sales growth in the first half of the year, as terrorist attacks in Europe and currency fluctuations weighed on its business.

from WSJ.com: US Business http://ift.tt/29XWQqq
via IFTTT

EasyJet Warns of Difficult Operating Environment

The chief executive of British budget carrier easyJet said European airlines face one of the worst operating environments in a decade.

from WSJ.com: US Business http://ift.tt/2a1hE3W
via IFTTT

Brexit Saps Demand for U.K. Commercial Property

U.K. property brokers are expecting real-estate values and rents to fall as investors and companies turn cautious following Britain’s vote to leave the EU, a new survey shows.

from WSJ.com: US Business http://ift.tt/29XWCQ1
via IFTTT

Corporate Heavyweights Back Governance Practices

A powerful coalition of chief executives and big asset managers endorsed a raft of corporate-governance practices such as avoiding dual-class shares and replacing ineffective directors, seeking to affect how U.S. public companies are run.

from WSJ.com: US Business http://ift.tt/29Q1iHl
via IFTTT

Elon Musk Unveils Plans for New Tesla Vehicle Models

Tesla Motors Inc. is planning to roll out a pickup truck, small sport-utility, large over-the-road truck and bus-type vehicle over the next several years, according to a strategy plan released Wednesday by Chief Executive Elon Musk.

from WSJ.com: US Business http://ift.tt/2avPpI5
via IFTTT

Oil Search Abandons Bid for InterOil, Clears Path for Exxon

Oil Search dropped out of bidding for U.S.-listed InterOil, after its earlier offer was trumped by Exxon Mobil.

from WSJ.com: US Business http://ift.tt/2adCmf0
via IFTTT

How Michael Dubin Turned a Funny Video Into $1 Billion

The founder of Dollar Shave Club, Michael Dubin, introduced his subscription model for selling razors with a slapstick YouTube video. Now he is selling Dollar Shave Club to Unilever for $1 billion cash.

from WSJ.com: US Business http://ift.tt/29UQf5o
via IFTTT

How Popular Is Home Solar Energy?

Number of systems and megawatts

from WSJ.com: US Business http://ift.tt/29UC24h
via IFTTT

U.S. to Charge Duties on Some LG, Samsung Washing Machines

The U.S. government will begin charging duties on washing machines built in China by Samsung Electronics Co. and LG Electronics Inc., after upholding a dumping complaint by competitor Whirlpool Corp.

from WSJ.com: US Business http://ift.tt/29MKEwv
via IFTTT

Jury Acquits Former Johnson & Johnson Unit Execs of Felony Fraud

A federal jury in Boston found two former senior officers at a Johnson & Johnson division guilty of illegally marketing a medical device, but acquitted them of more serious charges including fraud, according to prosecutors and defense lawyers.

from WSJ.com: US Business http://ift.tt/29OgKEJ
via IFTTT

Southwest Airlines Experiencing Tech Outage

Southwest Airlines is experiencing a tech outage, affecting multiple technology systems and grounding some planes.

from WSJ.com: US Business http://ift.tt/29MKdm3
via IFTTT

EBay Again Posts Sales Gains

EBay Inc. posted its second straight quarter of sales gains, suggesting the online retailer may be turning the corner after a rocky start as an independent company free of payments unit PayPal.

from WSJ.com: US Business http://ift.tt/29OhfhZ
via IFTTT

Justice Department Clears AB InBev's Takeover of SABMiller

The Justice Department signed off on Anheuser-Busch InBev’s roughly $108 billion acquisition of rival SABMiller, after the beer companies agreed to several conditions to secure the government’s approval.

from WSJ.com: US Business http://ift.tt/29PjsZA
via IFTTT

Intel Profit Drops, Hurt by Restructuring Costs

Intel Corp. said its second-quarter earnings fell sharply as the chip giant booked a hefty charge related to its efforts to restructure and cut costs.

from WSJ.com: US Business http://ift.tt/2a9PT8W
via IFTTT

Dollar Shave Club's $1 Billion Deal: A Win for Simplicity Over Technology

Unilever PLC’s decision to pay $1 billion for the trendy-but-unprofitable Dollar Shave Club Inc. is evidence that simple, low-price razors have upended a global business long-built on adding blades and raising prices.

from WSJ.com: US Business http://ift.tt/29Pj0dX
via IFTTT

Hollywood Turns Spotlight on Websites That Aggregate Movie Reviews

Hollywood’s latest obsession isn’t a star or a script but a number.

from WSJ.com: US Business http://ift.tt/29MjiGN
via IFTTT

SABMiller Board Expected to Discuss AB InBev Offer

SABMiller’s board on Wednesday is expected to discuss the possibility of seeking new terms from AB InBev NV on its roughly $108 billion takeover.

from WSJ.com: US Business http://ift.tt/29NOP7V
via IFTTT

The Rise of Zero-Sum Economics

The two main U.S. political parties, but particularly the Republicans under Trump, have swung far from their faith that trade benefits all, writes Greg Ip. Instead of everyone wins, they now espouse a view in which one side distinctly wins, and the other loses.

from WSJ.com: US Business http://ift.tt/2agWcIY
via IFTTT

As Widow, Facebook's Sandberg Rethinks Parts of 'Lean In' Philosophy

Facebook’s Sheryl Sandberg, whose husband died last year, is mourning publicly, prompting company executives to be more open about personal matters. His death has led her to rethink parts of her ‘Lean In‘ philosophy.

from WSJ.com: US Business http://ift.tt/2a90Shz
via IFTTT

Hollywood Shares Increasingly Crowded Comic-Con Stage

Hollywood studios are facing more competition at Comic-Con International. When it kicks off this week, the San Diego gathering will allow Hollywood to roll out its biggest offerings, but a crowded convention marketplace and new players will make it trickier.

from WSJ.com: US Business http://ift.tt/2ab8vqA
via IFTTT

Twitter Bans Blogger Milo Yiannopoulos

Twitter has taken the bold step of permanently banning conservative blogger Milo Yiannopoulos under its abusive-content policy, fueling a fierce debate about freedom of speech in the social-media age.

from WSJ.com: US Business http://ift.tt/29VlElq
via IFTTT

Brexit Fears and Weak Pound Weigh on Corporate Europe

The fallout from last month’s Brexit vote is starting to pile up for Europe Inc., with the weaker pound leading to reduced earnings forecasts and reined in expansion.

from WSJ.com: US Business http://ift.tt/29OoaH9
via IFTTT

Art Sales Suffer Global Slump

Christie’s International offered further proof of an art-market downturn when it said it sold $3 billion in art during the first half of 2016, down a third from the same period last year.

from WSJ.com: US Business http://ift.tt/2abOcq5
via IFTTT

EU Approves Airbus and Safran's Purchase of Arianespace

The European Union cleared Airbus and Safran’s joint acquisition of Europe’s premier rocket-launch company on condition the companies implement firewalls and other measures to prevent the exchange of sensitive information that could harm competitors.

from WSJ.com: US Business http://ift.tt/2ag9563
via IFTTT

Volkswagen Earnings Beat Expectations

Volkswagen reported its best ever quarterly profit, shrugging off the impact of the emissions-cheating scandal, even as it disclosed it would take $2.42 billion in additional charges related to diesel litigation.

from WSJ.com: US Business http://ift.tt/29ZX9DR
via IFTTT

Halliburton Swings to Loss but Signals Upturn

Halliburton swung to a loss in its latest quarter as it booked hefty charges related to its failed tie-up with Baker Hughes and revenue from its North American business continued to drag amid energy-market volatility.

from WSJ.com: US Business http://ift.tt/29Ubb6q
via IFTTT

Unilever Gets More Than a Name in Dollar Shave Club

By acquiring the U.S. startup, the European consumer-goods giant gains an American foothold along with another way to gather customer data.

from WSJ.com: US Business http://ift.tt/29ZXqGM
via IFTTT

South Korea Mulls Criminal Charges Against VW

Trade regulator may file criminal charges against Volkswagen executives and levy fines on the German auto maker over advertising claims that its cars met emissions regulations.

from WSJ.com: US Business http://ift.tt/2abglO1
via IFTTT

Stronger Chinese Patent Laws Also Help U.S. Companies

A tiny Chinese firm’s patent victory over Apple reflects Beijing’s efforts to better protect intellectual property that often work against Western firms—but sometimes benefit them.

from WSJ.com: US Business http://ift.tt/2afJKJK
via IFTTT

SAP Profit Ascends on Cloud Growth

German business software provider SAP SE posted a 73% jump in profit for the second quarter of 2016, boosted by lower restructuring costs year-over-year and cloud growth.

from WSJ.com: US Business http://ift.tt/2abgCjI
via IFTTT

Wizz Air to Cut U.K. Growth Plans After Vote to Leave EU

Eastern European budget airline Wizz Air Holdings said it would slash growth plans for U.K. flights after the country’s vote to leave the European Union caused its currency to plummet.

from WSJ.com: US Business http://ift.tt/2abgktk
via IFTTT

Electrolux Profit Up 77% on Strong Sales

Swedish household-appliance maker Electrolux posted a significant rise in second-quarter net profit, propelled by strong sales in Europe and North America, but warned on the impact of Brexit.

from WSJ.com: US Business http://ift.tt/2afJCcY
via IFTTT

Unilever Buys Dollar Shave Club

The European giant agreed to pay $1 billion for the startup in challenge to P&G’s Gillette.

from WSJ.com: US Business http://ift.tt/29MiRIY
via IFTTT

Valeant Gets FDA OK for Anticonstipation Tablets Developed by Progenics

Valeant Pharmaceuticals International Inc. has received U.S. Food and Drug Administration approval for Relistor tablets to treat opioid-induced constipation for patients with noncancer pain.

from WSJ.com: US Business http://ift.tt/2ashCQ2
via IFTTT

Marvell's Quarterly Profit Drops Sharply

Marvell Technology Group, under federal investigation over accounting practices and other issues, on Tuesday reported a sharp drop in profit for the fourth quarter and posted an $811 million annual loss.

from WSJ.com: US Business http://ift.tt/2arZF3O
via IFTTT

Tesla CEO Expects SolarCity Acquisition Vote to Pass by Two-Thirds Majority

Tesla Motors Chief Executive Elon Musk said he expects a super majority of shareholders to support the electric car company’s proposed combination with SolarCity, despite investor skepticism about the planned deal.

from WSJ.com: US Business http://ift.tt/29LKL8a
via IFTTT

Judge Denies Lawsuit Shield for Gawker's Nick Denton

Gawker Media LLC founder and chief executive Nick Denton appears to be headed for bankruptcy for bankruptcy after a federal judge declined to shield him from a legal battle with former wrestler Hulk Hogan and his billionaire backer.

from WSJ.com: US Business http://ift.tt/2a76BEP
via IFTTT

Trump Shows GOP's Economic Pillars Are Loosening

Donald Trump’s economic views, on trade, taxes and entitlement spending, throw aside the traditional Republican playbook and raise questions about the party’s long-term identity.

from WSJ.com: US Business http://ift.tt/2aeyKfx
via IFTTT

21st Century Fox Negotiating Exit of Fox News Chief Roger Ailes

21st Century Fox negotiating exit of Fox News chief Roger Ailes after sexual-harassment suit

from WSJ.com: US Business http://ift.tt/2a701ho
via IFTTT

United Continental Revenue Falls; Airline Unveils $2 Billion Stock Buyback

United Continental Holdings Inc. said its second-quarter revenue fell 5.2%, slightly more than analysts had feared, as its unit revenue continued to face challenges from pricing pressures, a strong U.S. dollar and the industry’s capacity buildup in recent years.

from WSJ.com: US Business http://ift.tt/29TnQd5
via IFTTT

Microsoft Annual Revenue Falls, but Quarterly Profit Beats Expectations

Annual revenue fell at Microsoft Corp. for the first time since 2009, as the software giant continues to shift its business from the slowing personal computer market and server software sales to cloud computing.

from WSJ.com: US Business http://ift.tt/2a6jRe1
via IFTTT

U.S. Considers Expanding Automated-Driving Technology Oversight

Federal auto-safety regulators are weighing requiring approval of automated-driving technologies before they reach the road, potentially expanding government oversight of auto makers after the first fatal crash involving a vehicle driving itself.

from WSJ.com: US Business http://ift.tt/2arCuH8
via IFTTT

Tackling Workers' Mental Health, One Text at a Time

As employers seek to reduce the costs of untreated mental illness among staffers, they are turning to mobile apps that can help workers find and receive treatment on their smartphones.

from WSJ.com: US Business http://ift.tt/2a8xZFo
via IFTTT

Fox News Sues Charter Communications

Fox News sued Charter Communications, the nation’s second-largest cable operator, for breach of contract and fraud.

from WSJ.com: US Business http://ift.tt/2a6Gvl4
via IFTTT

Justice Department to Challenge Two Health-Insurance Mergers

The Justice Department is close to challenging Anthem’s proposed acquisition of Cigna and Aetna’s planned combination with Humana, moves that would represent strong pushback against consolidation in the health-insurance industry.

from WSJ.com: US Business http://ift.tt/2a8kPrS
via IFTTT

P&G Starts Online Subscription Service for Tide Pods

Consumer-products giant Procter & Gamble is looking to cut out the middleman by experimenting with offerings like Tide Spin laundry service and Tide Wash Club, an online subscription for Tide Pods capsules.

from WSJ.com: US Business http://ift.tt/2adM2c8
via IFTTT

SoftBank Bets on Internet of Things With Deal

SoftBank’s $32 billion wager on ARM Holdings hinges on the British chip designer’s promise as a leader in the “internet of things.”

from WSJ.com: US Business http://ift.tt/2a9jldH
via IFTTT

EMC Shareholders Approve Merger With Dell

EMC Corp. shareholders Tuesday approved Dell Inc.’s $60 billion offer, in what would be the largest technology merger ever.

from WSJ.com: US Business http://ift.tt/2adMreT
via IFTTT

Roughly Half of Workers Are Satisfied on the Job

Just under half of U.S. workers said they felt satisfied with their jobs last year—the happiest they’ve been in a decade, according to a new report from the Conference Board, a research group.

from WSJ.com: US Business http://ift.tt/2aqHYlo
via IFTTT

VW Emissions Cheating Was Prolonged, Widespread, Suit Alleges

Volkswagen’s emissions cheating spanned more than a decade and stemmed from deliberate efforts by dozens of employees to mislead regulators and consumers about diesel-powered vehicles, according to a lawsuit alleging fresh details in the auto-giant’s deception.

from WSJ.com: US Business http://ift.tt/2aqBYJf
via IFTTT

McDonald's Unit to Sponsor Pokémon Go in Japan

McDonald’s Holdings will participate in the introduction of the hit smartphone game Pokémon Go in Japan and will make its restaurants key locations for players, people familiar with the matter said.

from WSJ.com: US Business http://ift.tt/29VNrDo
via IFTTT

IMF Cuts 2016 Global Economic Growth Outlook After Brexit Vote

The International Monetary Fund on Tuesday downgraded its forecast for global economic growth as Britain’s surprise vote to leave the European Union last month weighs on consumer confidence and investor sentiment.

from WSJ.com: US Business http://ift.tt/29R6e06
via IFTTT

China to Overtake U.S. as World's Biggest Movie Market? Not So Fast

While China’s moviegoers and a flood of Chinese money reshapes Hollywood, its box-office growth is slowing down, knocking it off its stride toward becoming the world’s top movie market.

from WSJ.com: US Business http://ift.tt/2a5WPmn
via IFTTT

Lockheed Martin Boosts Guidance After Beating Expectations

Lockheed Martin further lifted its forecast for the year as the military contractor logged higher F-35 jet fighter deliveries and benefited from sales in its recently acquired Sikorsky helicopter unit.

from WSJ.com: US Business http://ift.tt/2a7KbWD
via IFTTT

Twitter Signs NBA Deal to Stream New Shows

Twitter Inc. has scored a live-streaming deal with the National Basketball Association that will for the first time broadcast original programming created exclusively for the social media company.

from WSJ.com: US Business http://ift.tt/2a8MDcw
via IFTTT

EU Fines Truck Makers a Record $3.3 Billion Over Cartel

The European Union hit five truck makers with its highest-ever cartel fine of around $3.32 billion for colluding on prices and the implementation of emissions technologies.

from WSJ.com: US Business http://ift.tt/2adeU4n
via IFTTT

Monsanto Rejects Bayer's Sweetened Merger Offer

Monsanto on Tuesday again rejected Bayer’s takeover proposal, saying Bayer’s improved $65 billion bid still undervalued the biotech seed giant—but it left the door open to further talks with Bayer and “other parties.”

from WSJ.com: US Business http://ift.tt/2a8MVjp
via IFTTT

Fed Officials Gain Confidence They Can Raise Rates This Year

Federal Reserve officials are looking more confidently toward a rate increase before year-end, possibly as early as September, now that financial markets have stabilized after the Brexit vote and the economy shows signs of picking up.

from WSJ.com: US Business http://ift.tt/29VD6XT
via IFTTT

U.S. Housing Starts Rose in June

Homebuilding in the U.S. rebounded in June, a sign demand for housing continues to firm heading into the second half of the year.

from WSJ.com: US Business http://ift.tt/29Seko2
via IFTTT

Johnson & Johnson Raises Guidance

Johnson & Johnson raised its guidance for the year again as the health-care giant topped expectations in the latest quarter, helped by growth in its pharmaceutical business.

from WSJ.com: US Business http://ift.tt/2a7p1bg
via IFTTT

Phillip Morris Profit Falls on Lower Volumes

Philip Morris’s profit declined more than Wall Street anticipated as shipment volume declined in each of its geographic divisions, including in Europe.

from WSJ.com: US Business http://ift.tt/29Kt7Bl
via IFTTT

Facebook to Pay Web Celebs to Experiment With Its Live Video

Facebook will pay nearly two dozen YouTube creators, Vine stars and internet personalities about $2.2 million to create live broadcasts, according to a document reviewed by The Wall Street Journal. The payments are intended to “encourage experimentation” on Facebook Live, a company executive said.

from WSJ.com: US Business http://ift.tt/29R0z8k
via IFTTT

Bayer Investor Urges Shareholder Vote on Monsanto Deal

A large investor in Bayer is urging it to put the planned takeover of U.S. seeds specialist Monsanto for about $65 billion to a shareholder vote, marking the strongest opposition from the investor base against the deal.

from WSJ.com: US Business http://ift.tt/29X9CYW
via IFTTT

SoftBank Shares Tumble as Investors Question ARM Deal

Trading on Tuesday showed the first Tokyo market reaction to news of the Japanese internet and telecommunications conglomerate’s $32 billion acquisition of the U.K.-based chip designer.

from WSJ.com: US Business http://ift.tt/29LdHMx
via IFTTT

Novartis Warns on Profit

Swiss pharmaceutical giant Novartis cautioned its core operating income could fall by a low single digit percentage this year due to heavy investment in its new heart-failure drug Entresto.

from WSJ.com: US Business http://ift.tt/2a4qVIe
via IFTTT

Ericsson to Cut Costs Further After 24% Drop in Net Profit

Swedish telecom-equipment maker Ericsson said it would cut costs further after reporting a 24% drop in second-quarter net profit, citing continued weak product demand in most of its markets.

from WSJ.com: US Business http://ift.tt/29LdyJ1
via IFTTT

Deezer Enters Crowded U.S. Music-Subscription Field

French music-streaming service Deezer is launching to the masses in the U.S. this week, stiffening the competition in an already-crowded market.

from WSJ.com: US Business http://ift.tt/29Rfvq7
via IFTTT

Drop in Rates Swells Pension Burden for U.S. Companies

The U.K’s surprise vote to leave the European Union took a bite out of corporate pension plans in the U.S., as investors fled stocks for the safety of bonds last month, pushing interest rates lower.

from WSJ.com: US Business http://ift.tt/29PWbs4
via IFTTT

EMC Says Acquisition by Dell on Track

EMC Corp. said Dell Inc.’s roughly $60 billion deal for the data-storage company remains on track as the company reported that its second-quarter earnings rose 19%.

from WSJ.com: US Business http://ift.tt/2a4gBhZ
via IFTTT

Two Refiners to Spend $400 Million on Pollution Control to Settle EPA Case

Refiners Tesoro and Par Hawaii Refining agreed to spend more than $400 million on equipment to control pollution at six U.S. oil refineries under a settlement with the federal government over alleged violations of the Clean Air Act.

from WSJ.com: US Business http://ift.tt/2a5OIcg
via IFTTT

Aéropostale Signals Reorganization Unlikely, Seeks Buyer

Teen retailer Aéropostale Inc., plagued with declining mall traffic and increasing competition, acknowledged it is unlikely it will be able to reorganize and will focus on searching for a buyer.

from WSJ.com: US Business http://ift.tt/2a4gL93
via IFTTT

GOP Calls for Glass-Steagall Revival

The Republican Party’s platform calls for restoring the Glass-Steagall law that separated commercial banking and securities activities at Wall Street firms.

from WSJ.com: US Business http://ift.tt/2a5OEt5
via IFTTT

Reimagining the Elevator as a Hyperloop

Thyssenkrupp is adapting maglev technology used in high-speed trains to leapfrog rivals such as Otis, Kone and Schindler by reimagining a century-old technology for moving people in tall buildings.

from WSJ.com: US Business http://ift.tt/29TU1dC
via IFTTT

Yahoo Posts Another Loss, Highlighting Hurdles for Potential Buyers

Yahoo on Monday posted a deep loss that underscores the setbacks facing a potential acquirer of the shrinking internet business.

from WSJ.com: US Business http://ift.tt/29Qw7fc
via IFTTT

Netflix Reports Sharp Slowdown in User Growth

Netflix reported its weakest subscriber expansion in two years, as the streaming video company reported a sharp slowdown in new additions in the U.S. and abroad.

from WSJ.com: US Business http://ift.tt/29HxeSp
via IFTTT

Will EMC Adopt Dell's Payment Terms?

As Dell moves toward completing its $60 billion acquisition of data-storage provider EMC, one group may be squeezed to help pay for the deal: EMC’s suppliers.

from WSJ.com: US Business http://ift.tt/2a5Iyc6
via IFTTT

Fiat Chrysler Investigated by Regulators Over Sales Reports

Federal authorities are investigating Fiat Chrysler Automobiles NV over whether it committed fraud by allegedly faking new-car sales to pad its monthly business results, the company confirmed Monday.

from WSJ.com: US Business http://ift.tt/2abiRqk
via IFTTT

Regulators Defend Administration's Fuel-Economy Standards

Government regulators said U.S. auto makers aren’t on track to meet the Obama administration’s ambitious fuel-economy standards, but added that the industry does have the technical ability to meet them even in the face of cheap gasoline prices.

from WSJ.com: US Business http://ift.tt/2a6Ha5H
via IFTTT

IBM Results Decline Again But Top Expectations

Even as IBM makes some gains in new strategic areas such as cloud computing and artificial intelligence, its total sales continue to decline.

from WSJ.com: US Business http://ift.tt/2abio7k
via IFTTT

World Bank Names Paul Romer as Chief Economist

The World Bank officially named New York University economist Paul Romer as its next chief economist.

from WSJ.com: US Business http://ift.tt/2aba1bX
via IFTTT

Tiny Hard Drive Uses Single Atoms to Store Data

Atomic memory device packs hundreds of time more information per square inch than best currently available technologies, study says.

from WSJ.com: US Business http://ift.tt/29P4rsA
via IFTTT

Exxon Trumps Oil Search Bid for InterOil

Exxon Mobil has trumped Oil Search’s offer to buy U.S.-listed InterOil, as Papua New Guinea’s natural gas riches continue to attract interest from major energy companies even as they cut spending elsewhere.

from WSJ.com: US Business http://ift.tt/29ONFO2
via IFTTT

Japan Tobacco Brings Cheap Cigarettes to the U.S.

Japan Tobacco Inc. is bringing its low-price LD brand to the U.S., amid a revival of interest by tobacco companies in the American market as legal risks fade and prices rise.

from WSJ.com: US Business http://ift.tt/2a5Osa8
via IFTTT

U.S. Home Builder Optimism Slipped in July

U.S. home builders said they lost a bit of confidence in July due largely to uncertainty over how the housing market will perform in the next six months, though they maintained a positive outlook overall as sales strengthen.

from WSJ.com: US Business http://ift.tt/29OKSVf
via IFTTT

Wal-Mart Escalates Fight With Visa

Wal-Mart Stores began blocking the use of credit cards from Visa Inc. at three of its Canadian stores, marking another battle in an war between the retail behemoth and credit card companies.

from WSJ.com: US Business http://ift.tt/29GLAT8
via IFTTT

Hasbro, Again Buoyed by Disney Offerings, Beats Expectations

Hasbro reported better-than-expected revenue and profit in its latest quarter, as offerings such as Star Wars and Frozen brand toys through its Walt Disney Co. license continue to drive growth at the toy maker.

from WSJ.com: US Business http://ift.tt/29GE2jf
via IFTTT

Opera Software to Sell Internet-Browser Business to Chinese Consortium

Opera Software said it would sell its internet-browser business to a Chinese consortium, after a $1.2 billion bid for the entire company was terminated after failing to obtain regulatory approvals.

from WSJ.com: US Business http://ift.tt/2a1bxvV
via IFTTT

Temasek Considers Taking Subway Operator SMRT Private

Singapore state investment firm Temasek Holdings is considering an offer to buy the remaining shares that it doesn’t already own in transport firm SMRT Corp.

from WSJ.com: US Business http://ift.tt/2a9oJAp
via IFTTT

NYK Pleads Guilty to Criminal-Cartel Conduct in Australia's Federal Court

The charge against Japanese shipping company Nippon Yusen Kabushiki Kaisha relates to the transportation of vehicles to Australia between 2009 and 2012.

from WSJ.com: US Business http://ift.tt/2a2DTb7
via IFTTT

SoftBank Agrees to Buy ARM Holdings for More Than $32 Billion

Japan’s SoftBank has reached a deal to buy U.K.-based chip-designer ARM Holdings in an all-cash deal valued at more than $32 billion.

from WSJ.com: US Business http://ift.tt/29Idg5O
via IFTTT

Corporate profits set to shrink for fourth consecutive quarter

More than 90 of the biggest U.S. companies will report results this week, giving a clearer picture of what is expected to be the fourth straight quarter of declining profits.

from WSJ.com: US Business http://ift.tt/29GLs2g
via IFTTT

Labor Board Ruling Could Let Grad Students Unionize

The National Labor Relations Board is expected to decide this summer whether about 2,000 Columbia graduate students who signed a petition to unionize are university employees—which could pave the way for grad students at private schools across the country to unionize.

from WSJ.com: US Business http://ift.tt/29ThydW
via IFTTT

Losses Mount at Startup Copycat Specialist

German tech company Rocket Internet—a publicly traded ‘incubator’ of startups—and its portfolio of clones are the epitome of the global tech downturn, struggling to prove that they can be profitable.

from WSJ.com: US Business http://ift.tt/29MTe9S
via IFTTT

Saudi Push for Tech Deals Stirs Silicon Valley Debate

As Saudi Arabia and its oil-rich sovereign-wealth fund prepare to become bigger players in tech deal making, Silicon Valley insiders are weighing the consequences. The Saudis recently agreed to invest $3.5 billion in Uber Technologies.

from WSJ.com: US Business http://ift.tt/29RuyBv
via IFTTT

South Korean Beauty Boom Proves Alluring to Investors

Goldman Sachs and Bain Capital are teaming up to take control of one specialty cosmetics maker, in a deal that values the firm at $675 million, while LVMH is set to buy a stake in another, according to sources.

from WSJ.com: US Business http://ift.tt/29O3zDj
via IFTTT

Ireland Pins Growth Plan on U.S. Companies

Close economic partners of the U.K. have braced for a wave of possible fallouts after British voters sided with leaving the EU. No country has more at stake than Ireland, whose economy is connected to the U.K. in unusually intimate ways. Now Ireland is eyeing similarly close relations across the Atlantic—with corporate America.

from WSJ.com: US Business http://ift.tt/29ZSYrY
via IFTTT

Global Economy Week Ahead: EU Confidence, U.S. Home Sales, Brazil Rate Decision

This week, investors will be watching for post-Brexit fallout in the U.K. and Europe as data reveals how the vote is affecting the regional economy, while U.S. housing-market data should offer clues to whether the American economy is gathering pace.

from WSJ.com: US Business http://ift.tt/2a0tWIm
via IFTTT

'Pets' Keeps Its Top Spot at Box Office, Besting 'Ghostbusters'

The ‘Ghostbusters’ reboot starring Melissa McCarthy and Kristen Wiig opened in second place to an estimated $46 million in the U.S. and Canada, leaving it a long road to profitability. ‘The Secret Life of Pets’ remained No. 1.

from WSJ.com: US Business http://ift.tt/29ET2hv
via IFTTT

Multinationals Watching Turkey, But Few Disruptions to Business

Multinationals with business in Turkey scrambled over the weekend to check on staff and draft contingency plans, though few were pulling out employees or reporting major disruptions after the government appeared to reassert control after Friday’s attempted coup.

from WSJ.com: US Business http://ift.tt/29GkZ51
via IFTTT

'Pokémon Go' Players Cash In

Exploding interest in “Pokémon Go” is tempting experienced players to cash in by selling their high-powered game accounts. Dozens of advertisements pitching the chance to start “Pokémon Go” at an advanced level can be found on bulletin-board services.

from WSJ.com: US Business http://ift.tt/29EUcti
via IFTTT

GM Results to Offer Insight Into Future Technology

General Motor’s second quarter results due out this week will include key disclosures on its big-money investments in autonomous-vehicle technology through deals with Cruise Automation and Lyft.

from WSJ.com: US Business http://ift.tt/29Gl2h9
via IFTTT

Erdogan Embraces Social Media to Repel Coup Attempt in U-Turn

Turkey’s president has built a track record of squeezing and periodically blocking foreign social media firms. But his response to an attempted military coup shows Mr. Erdogan and his AKP party have become adept at using it, too.

from WSJ.com: US Business http://ift.tt/29NzMgd
via IFTTT

Building Permit Delays Choke U.S. Housing Supply, Study Shows

The supply of new housing in the U.S. isn’t keeping up with demand in part because of local delays in getting building permits approved, according to new research set to be released next week.

from WSJ.com: US Business http://ift.tt/29MBn4J
via IFTTT

World Bank Names Paul Romer as Chief Economist

The development institution will be getting a rock star in economist circles who has also made it big in the private sector.

from WSJ.com: US Business http://ift.tt/29Mw3Cn
via IFTTT

Tax Overhaul Taxes India's Politicians

A long-delayed revamp of India’s messy tax system, envisaged as one of the country’s farthest-reaching economic overhauls in decades, has another shot at becoming reality when Parliament reconvenes Monday.

from WSJ.com: US Business http://ift.tt/29MAZmZ
via IFTTT

Tencent President Uses Supercell Deal to Go Global

The Chinese internet giant’s $8.6 billion acquisition of the Finnish games maker is the latest in a string of bold bets for Martin Lau, a former Goldman Sachs banker.

from WSJ.com: US Business http://ift.tt/2a0TzLG
via IFTTT

Turkey Coup Attempt Forces More Flight Cancellations

Airline passengers faced a second day of disruptions in the aftermath of Friday’s failed coup attempt in Turkey as carriers canceled flights and reduced schedules.

from WSJ.com: US Business http://ift.tt/29ZN1tZ
via IFTTT

Volkswagen Promises U.S. Dealers Restitution for Tainted Diesels

Volkswagen executives in the U.S. have pledged to unveil restitution within a month for hundreds of American franchise dealers that have been damaged by the car maker’s diesel scandal, according to dealers that met with the company.

from WSJ.com: US Business http://ift.tt/2akdLV1
via IFTTT

Barington Capital Drops Proxy Fight at Chico's

Activist investor Barington Capital Group said it is dropping its fight for board seats at apparel chain Chico’s FAS, and took credit for recent changes at the retailer nearly two months after it launched its proxy campaign.

from WSJ.com: US Business http://ift.tt/29FyEth
via IFTTT

As Rates Sink, Housing Bubbles Rise

Low interest rates around the world are fueling a familiar threat of housing bubbles, and central bankers in a number of key economies feel powerless to stop them.

from WSJ.com: US Business http://ift.tt/29QNxeB
via IFTTT

Ackman Dealt Blow as Herbalife Settles With FTC

The regulator stopped short of calling the nutritional products company a pyramid scheme, but the settlement in many ways vindicates William Ackman’s scathing indictment of the company.

from WSJ.com: US Business http://ift.tt/29IV1MT
via IFTTT

Bank of England's Carney Seeks More Disclosure of Companies' Climate-Related Risks

Only one-third of the world’s biggest 1,000 companies are providing enough disclosure to investors about the potential impact of carbon pricing on their businesses, Bank of England Gov. Mark Carney said Friday.

from WSJ.com: US Business http://ift.tt/29K4ZyH
via IFTTT

U.S. Data Point to Stronger Economy

Confident consumers and a stabilizing factory sector put the wind at the U.S. economy’s back as it entered the second half of the year.

from WSJ.com: US Business http://ift.tt/29NVNwT
via IFTTT

Obama Administration Negotiating International Data-Sharing Agreements

The Obama administration is working on a series of deals that would, for the first time, allow foreign governments to serve U.S. technology companies with warrants for email searches and wiretaps.

from WSJ.com: US Business http://ift.tt/29BlLnG
via IFTTT

Microsoft Says Windows 10 User Goal Won't Be Met

Microsoft Corp. won’t hit its target of one billion Windows 10 devices in use by June 2018, the company said Friday.

from WSJ.com: US Business http://ift.tt/29P6fTZ
via IFTTT

North Dakota's Daily Crude Output Up 0.5% in May

North Dakota’s daily crude-oil production rose 0.5% in May, breaking a five-month slide, as commodity prices recovered from a swoon to 13-year lows earlier this year.

from WSJ.com: US Business http://ift.tt/29B94ZZ
via IFTTT

AT&T, Others Make Down Payments for FCC Airwaves Auction

The Federal Communications Commission on Friday released a list of bidders who made deposits for its auction of wireless airwaves, which included AT&T, Verizon and Comcast.

from WSJ.com: US Business http://ift.tt/29CA8nP
via IFTTT

VW Dealers Fume Waiting for Diesel-Car Fix

The arrival of two Volkswagen car in hot-selling categories offer a ray of hope for the auto maker’s 650 U.S. dealers still waiting for word on when they will be able to sell nearly 12,000 diesel-powered vehicles pulled off the market.

from WSJ.com: US Business http://ift.tt/29DP5Fo
via IFTTT

Startups Try to Put Remote E-Commerce Customers on the Map

A handful of startups are trying to solve one of the more vexing problems in e-commerce: how to deliver a package to a home or office that doesn’t have an address.

from WSJ.com: US Business http://ift.tt/29Nolqh
via IFTTT