Volkswagen Agrees to $1.2 Billion Compensation for U.S. Dealers

Volkswagen AG has agreed to pay up to $1.2 billion to its 652 U.S. dealers as compensation for a long emissions cheating scheme, deepening penalties the German auto maker faces.

from WSJ.com: US Business http://ift.tt/2drLY8Z
via IFTTT

Viacom and CBS Boards Name Special Committees to Review Merger

The boards of Viacom Inc. and CBS Corp. are moving quickly to explore the merger recommended by their controlling shareholder.

from WSJ.com: US Business http://ift.tt/2dy3WZb
via IFTTT

Yuan Marks Milestone With Entry Into IMF Reserve Basket

The yuan officially enters the International Monetary Fund’s official basket of reserve currencies Saturday, a telling trophy in the transformation of China’s geopolitical status.

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

Honest Co. to Drop Disputed Ingredient in Cleaning Products

Jessica Alba’s Honest Co. is reformulating its laundry detergent and other cleaners, removing an ingredient that has created controversy for the company over its product claims.

from WSJ.com: US Business http://ift.tt/2ddSm5N
via IFTTT

With NXP Deal, Qualcomm Would Add New Businesses, Risks

Qualcomm is the biggest of a large crop of companies that design computer chips but leave production to partners. Now it is considering a deal that would turn it into a manufacturer, a strategy shift that adds to the substantial risks of buying NXP Semiconductors.

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

Marc Andreessen's Sudden Silence on Twitter Stumps Silicon Valley

Venture capitalist and technology evangelist Marc Andreessen has been among the most prolific Twitter users. He suddenly stopped tweeting on Saturday, and his silence on the social-media site has been deafening in Silicon Valley.

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

Nigeria Claims Oil Majors Illegally Exported Crude

Nigeria’s cash-strapped government is suing some of the world’s biggest oil companies on claims they were involved in illegally exporting $12.7 billion of the country’s crude to the U.S. between 2011 and 2014.

from WSJ.com: US Business http://ift.tt/2dFY646
via IFTTT

Constellation Brands Eyes $1 Billion Sale of Canadian Wine Business

Constellation Brands Inc. has put its Canadian wine business on the block in an auction that could reap more than $1 billion, say people familiar with the matter.

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

China's Richest Man Makes His Move on Hollywood

Wang Jianlin’s Dalian Wanda is on a push to extend Chinese cultural influence through movie production, cinemas and theme parks; a $1 billion bid for Dick Clark Productions.

from WSJ.com: US Business http://ift.tt/2dthKz8
via IFTTT

Richard Cooley Overcame Loss of Arm to Excel in Business and Sports

Richard Cooley found courage on the Yale football field and lost an arm in World War II. He still managed to run Wells Fargo for 16 years, play squash and drive cars with a stick shift. He died Sept. 21 at 92.

from WSJ.com: US Business http://ift.tt/2cHcO8Z
via IFTTT

FedEx, UPS Rely on Technology to Keep Lid on Seasonal Hiring

Holiday hiring is expected to be flat at package-delivery giants FedEx and United Parcel Service, but that masks efforts behind the scenes to prepare for the coming wave of e-commerce orders.

from WSJ.com: US Business http://ift.tt/2dsQG2M
via IFTTT

Consumer Sentiment Climbed in September

A gauge of U.S. consumer confidence—the University of Michigan consumer sentiment index—rose in September, suggesting households are feeling fairly good about the economy this fall.

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

U.S. Consumer Spending Flat in August

Consumer spending leveled off in August, a sign of caution among households amid lackluster economic growth.

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

Uber Looks to Rev Up in Japan

Uber plans to ramp up its business in Japan, a wealthy country full of potential customers, even though its core ride-hailing service is barred from the country.

from WSJ.com: US Business http://ift.tt/2dwzq1S
via IFTTT

Airbus Tightens Belt With New Corporate Shake-Up

Airbus Group is to merge headquarters and eliminate an unspecified number of management jobs in a new restructuring plan to improve profitability.

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

'Deepwater Horizon' Film Poses Fresh Woes for BP

The new movie, a $100 million-plus production from Lions Gate, doesn’t shy away from unflattering portrayals of BP executives, who are depicted as more concerned about budgets and schedules than safety.

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

H&M Earnings Fail to Weather Heat, Stronger Dollar

Hennes & Mauritz posted a 9% fall in third-quarter profit after the Swedish fast-fashion company suffered increased markdowns on its clothing and a strong U.S. dollar.

from WSJ.com: US Business http://ift.tt/2cGli05
via IFTTT

Glencore's Congo Connection Adds Another Source of Unease

The Swiss company’s ties to mining tycoon Dan Gertler, entangled in Och-Ziff’s bribery case, could pose more problems for a firm already struggling with other woes.

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

Vivendi Refrains From Seeking a Spot on Ubisoft's Board

French billionaire Vincent Bolloré, the chairman of Vivendi, refrained from seeking representation on Ubisoft’s board at a meeting of the videogame maker’s shareholders.

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

UFC Goes for a Knockout, With Celebrity Investors in Its Corner

Just months after being acquired by Hollywood talent agency WME-ING, the UFC is going A-list, with 23 celebrities, including Ben Affleck, Adam Levine and Serena and Venus Williams, investing in the rapidly growing sport.

from WSJ.com: US Business http://ift.tt/2cFyG4o
via IFTTT

Coca-Cola to Produce, Distribute Bottled Dunkin' Donuts Coffee

Dunkin’ Brands Group Inc. said it would launch bottled Dunkin’ Donuts coffee in U.S. stores early next year. The ready-to-drink coffee will be produced and distributed by Coca-Cola Co.

from WSJ.com: US Business http://ift.tt/2cP3nY5
via IFTTT

AT&T CEO Calls for Dialogue on Racial Tensions

In a speech to hundreds of employees, AT&T Inc. Chief Executive Randall Stephenson about how racial tensions are ripping apart American communities and urged his employees to begin a conversation to find common ground.

from WSJ.com: US Business http://ift.tt/2cEUh1X
via IFTTT

Qualcomm in Talks to Acquire NXP Semiconductors

Qualcomm is in talks to acquire NXP Semiconductors, a deal that would likely be valued at over $30 billion and represent the latest merger in a rapidly consolidating semiconductor industry.

from WSJ.com: US Business http://ift.tt/2cZoZi5
via IFTTT

Hackers Infect Army of Cameras, DVRs for Massive Internet Attacks

Hackers used an army of hijacked security cameras and video recorders to launch several massive internet attacks last week, prompting fresh concern about the vulnerability of millions of “smart” devices​in homes and businesses connected to the internet.

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

Salesforce.com to Press Regulators to Block Microsoft-LinkedIn Deal

Salesforce.com said it would press regulators in the U.S. and Europe to block Microsoft’s $26.2 billion acquisition of LinkedIn, citing antitrust issues.

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

Google Quietly Expands Ride-Sharing Service

Alphabet Inc.’s Google has quietly opened its Waze ride-sharing service to San Francisco-area users, expanding a pilot program and confirming the company’s interest in the lucrative ride-hailing industry.

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

Microsoft Centralizes AI Efforts as Executive Steps Down

Microsoft is concentrating its artificial-intelligence efforts under one roof as veteran executive Qi Lu stepped down to focus on recovering from a bicycle accident.

from WSJ.com: US Business http://ift.tt/2cZpcC2
via IFTTT

Obama Administration Imposes New Requirements on Pay Data, Sick Leave

The Obama administration on Thursday finalized new requirements on business to provide employee pay data by gender and race and for federal contractors to offer paid sick days, steps the administration portrayed as helping strengthen the middle class.

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

Can CBS and Viacom Merge? It Depends on the Redstone-Moonves Dance

The relationship between CBS chief Leslie Moonves and Shari Redstone holds the key to whether she can pull off what would be a dramatic finale to a year of corporate drama, by putting back together the two companies her father split apart a decade ago.

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

United Taps Criminology Students to Study Accident Data

United’s new data visualization project has helped it cut injuries among its 85,000 employees by almost a quarter and damage to its aircraft on the ground by nearly a third since 2014.

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

FCC Postpones Vote on TV Set-Top Box Plan

Federal regulators delayed a vote on a proposal to overhaul the market for TV set-top boxes, dealing a major setback to Federal Communications Commission Chairman Tom Wheeler on one of his top priorities for the year.

from WSJ.com: US Business http://ift.tt/2cO3L9v
via IFTTT

South African Regulators Raid Container Operators for Price Fixing

South Africa’s Competition Commission has raided the local offices of some of the world’s biggest container shipping operators on price-fixing allegations.

from WSJ.com: US Business http://ift.tt/2doP22h
via IFTTT

Pending Home Sales Fall in August

The number of homes in the U.S. that went under contract fell in August to the lowest level since January, the latest sign the housing market lost momentum in recent months.

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

Package-Delivery Drones Likely Years Away From Federal Approval

Despite escalating industry pressure for approval of package-delivery drones, safety experts and federal documents indicate widespread flights aren’t likely before the next decade.

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

A Growth-Friendly Climate Change Proposal

Polarized politics have made it difficult to reconcile climate change and economic growth, but voters in Washington state are considering a revenue-neutral carbon tax proposal that does just that, Greg Ip writes.

from WSJ.com: US Business http://ift.tt/2d9Ktyj
via IFTTT

Fast-Fashion Tricks Are on Display at Department-Store Chains

Lord & Taylor is taking a page from fast-fashion retailer Zara. The department-store chain is speeding up its supply chain to better catch popular fashion trends.

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

Redstone Firm Urges Viacom, CBS to Explore Merger

National Amusements, Sumner Redstone’s family holding company, publicly called for the boards of Viacom Inc. and CBS Corp. to explore a merger.

from WSJ.com: US Business http://ift.tt/2cE4hrY
via IFTTT

U.S. Jobless Claims Rise

The number of Americans applying for first-time unemployment benefits rose last week but remained at a low level consistent with a generally healthy labor market.

from WSJ.com: US Business http://ift.tt/2dn7yvi
via IFTTT

U.S. Second Quarter GDP Revised Up To 1.4% Gain

The U.S. economy grew at a modestly faster pace in the second quarter than previously estimated, but the latest data confirms the expansion decelerated in the first half of the year.

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

PepsiCo Boosts Earnings Forecast

PepsiCo raised its earnings forecast for the year as the snack-and-beverage giant reported a surprise increase in core profit, boosted by lower raw-material costs, despite sliding revenue.

from WSJ.com: US Business http://ift.tt/2do4A6e
via IFTTT

California Law Strengthens Background Checks for Uber and Lyft

Drivers of ride-hailing companies Uber Technologies Inc. and Lyft Inc. will face stiffer criminal background checks in California under a new law signed by Gov. Jerry Brown on Wednesday.

from WSJ.com: US Business http://ift.tt/2cNtqz6
via IFTTT

New Adidas CEO Confronts 'High Bar'

Kasper Rorsted takes over as CEO of Adidas on Saturday. He joins the sporting-goods maker after leading a turnaround at German consumer-products giant Henkel.

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

Car Makers Rev Up Push Into Electric Vehicles

At the Paris Auto Show, which begins this week, the world’s biggest auto makers are unveiling plans to accelerate development of electric vehicles.

from WSJ.com: US Business http://ift.tt/2dG1y1r
via IFTTT

Music-App Maker Shazam Finally Turns a Profit---But Not From Music

After 17 years, music-discovery company Shazam Entertainment is turning an operating profit. The app maker earns most of its revenue from advertisers, who pay to use its image-recognition and sound-recognition technology in their marketing campaigns.

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

Spotify Streams Into Japan

Sweden’s Spotify has joined other online music providers trying to crack the Japanese market, where compact discs still dominate.

from WSJ.com: US Business http://ift.tt/2dG03QH
via IFTTT

California Law Firm Hires Former Solicitor General

An elite California law firm is using the change in administration at the White House to its advantage. Munger, Tolles & Olson said it is hiring Donald Verrilli Jr., who stepped down as solicitor general in June.

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

American Airlines Faces Next IT Hurdle

American Airlines Group Inc., nearly three years after merging with US Airways, faces a major information-technology challenge this weekend, when it transitions all pilots and planes to one “flight operating system.”

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

Ban Business Dinners and 7 More Career Tips From Top CEOs

General Motors’ Mary Barra and JPMorgan’s James Dimon shared stories from their own careers and talked frankly about how things work in their own businesses at a Women in the Workplace event in New York Tuesday night.

from WSJ.com: US Business http://ift.tt/2cD2Yto
via IFTTT

Apple and Deloitte Form Enterprise Service

Apple and Deloitte & Touche have formed a service called Enterprise Next, through which 5,000 Deloitte consultants will advise clients in a range of industries on using Apple mobile devices.

from WSJ.com: US Business http://ift.tt/2dfMO7l
via IFTTT

The Fast and Fleeting Times of the BlackBerry

BlackBerry Ltd. has given up on designing and producing its smartphones, outsourcing that work instead. The device’s woes were in many ways a product of its rapid and improbable success.

from WSJ.com: US Business http://ift.tt/2cM1lIj
via IFTTT

Nike Squeezed by Rivals as Athleisure Spreads

Nike’s latest results fanned some fears that the company’s stranglehold on the athletic apparel and footwear market could slip thanks to challenges from Under Armour and Adidas and the strength of the athleisure market.

from WSJ.com: US Business http://ift.tt/2dm9Fff
via IFTTT

Samsung in Talks With U.S. Safety Regulators Over Washing Machines

While Samsung Electronics Co. grapples with a recall of its Galaxy Note 7 smartphones, it is now dealing with complaints about another product: its washing machines.

from WSJ.com: US Business http://ift.tt/2cM00Bx
via IFTTT

National Beverage Shares Fall on Short Seller Report

Shares of National Beverage plunged Wednesday after short-seller Glaucus Research said court documents suggest it manipulated financial results through false invoices and other tactics.The company called the allegations ‘false and defamatory.’

from WSJ.com: US Business http://ift.tt/2d5DyD4
via IFTTT

Some Hanjin Sailors Denied Shore Leave in U.S. Ports

Crews aboard Hanjin Shipping Co. vessels docked at American ports are being barred by U.S. immigration officials from coming ashore, a decision labor groups say goes against international seafarers’ conventions.

from WSJ.com: US Business http://ift.tt/2dAEtu8
via IFTTT

FDA Approves Medtronic's New Automated Insulin Pump

The U.S. Food and Drug Administration said it has approved an insulin pump by medical device company Medtronic that automatically manages glucose levels within a target range.

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

Intra-Cellular Therapies Shares Plunge After Disappointing Drug Trial Results

Intra-Cellular Therapies said its lead drug candidate had a similar rate of effectiveness to placebo in a Phase 3 schizophrenia trial.

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

HP Inc. Apologizes for Move that Blocked Rival Printer Cartridges

HP Inc. apologized for how it handled a recent move that stopped ink cartridges supplied by other vendors from working with some HP printers.

from WSJ.com: US Business http://ift.tt/2d7Ndfo
via IFTTT

Funding Sources Shift for Startups

Startups are relying more heavily on savings and credit cards and less on two once-common sources of funding, bank loans and home equity, according to an analysis of government data.

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

Lawmaker Grills Yellen Over Brainard's Donations to Clinton

Federal Reserve Chairwoman Janet Yellen faced intense questioning from a Republican lawmaker over Fed governor Lael Brainard’s contributions to Hillary Clinton’s presidential campaign.

from WSJ.com: US Business http://ift.tt/2dAyK7u
via IFTTT

Fewer Defaulting On Loans After Leaving College

The share of borrowers defaulting on student loans within three years of leaving college has fallen modestly, though the number remains exceptionally high despite low unemployment.

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

Saudi Aramco Retirees Hold On Tightly to Their Company Ties

Saudi Aramco—the world’s biggest oil company heading toward the world’s biggest public offering—has been largely walled off from Westerners, but a select group of Americans have a unique insider perspective: its retirees.

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

Tencent Tries Out a Stickier WeChat

Columnist Li Yuan writes that Tencent’s WeChat messaging platform wants to become a one-stop app that users would rarely have to leave to use other mobile apps.

from WSJ.com: US Business http://ift.tt/2dDCW9z
via IFTTT

Restaurant Chain Cosi Inc. Files for Chapter 11

Soup and sandwich chain Cosi Inc. has filed for chapter 11 protection, with plans of selling itself to lenders.

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

Yellen Says There Is 'No Fixed Timetable' on Rate Increase

Federal Reserve Chairwoman Janet Yellen said there is “no fixed timetable” for raising interest rates as the economy continues its recovery, in testimony before the House Financial Services Committee.

from WSJ.com: US Business http://ift.tt/2ds44VP
via IFTTT

Redstone Firm to Call on Viacom, CBS to Weigh Merger

National Amusements, the controlling shareholder of Viacom and CBS, is set to call for the media companies to consider a merger, according to a person familiar with the matter.

from WSJ.com: US Business http://ift.tt/2drW0EC
via IFTTT

Yahoo Hackers Were Criminals Rather Than State-Sponsored, Security Firm Says

An information-security firm says the hackers who stole at least 500 million records from Yahoo are criminals who are selling access to the database, and not a state-sponsored group as Yahoo contends.

from WSJ.com: US Business http://ift.tt/2d79Rot
via IFTTT

Samsung Looking Into Complaints About Replacement Galaxy Note 7s

Samsung, grappling with a recall of its premium Galaxy Note 7 smartphone, said it is looking into complaints in the U.S. and South Korea that some replacement phones are overheating.

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

U.S. Durable-Goods Orders Flat in August

U.S. factories reported flat demand for big-ticket goods in August, suggesting the economy continues to be restrained by sluggish business spending.

from WSJ.com: US Business http://ift.tt/2cBDSX4
via IFTTT

Live: Janet Yellen's Financial Regulation Testimony on Capitol Hill

Bank stress tests, the Wells Fargo scandal and banks’ commodities businesses should be hot topics as Federal Reserve Chairwoman Janet Yellen testifies about regulation before the House Financial Services Committee, while she may face questions on monetary policy as well.

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

Wal-Mart in Talks to Invest in Flipkart

Wal-Mart Stores is in discussions with Flipkart, India’s largest e-commerce company, about investing in the startup, according to a person familiar with the situation.

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

BlackBerry Outsourcing Handset Business

BlackBerry Ltd. said it would outsource the making of handsets and instead focus on developing secure software and services.

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

Gogo to Speed Up In-Flight Internet Service...in 2018

Airplane internet provider Gogo plans to overhaul its overburdered network, but this isn’t likely to happen for another two years because of the need for new equipment.

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

SABMiller, AB InBev Shareholders Approve Merger

The $100 billion-plus megamerger of SABMiller and Anheuser-Busch InBev cleared another hurdle after shareholders of both companies voted in favor of the deal.

from WSJ.com: US Business http://ift.tt/2cV5oja
via IFTTT

Autonomous What? Americans Aren't Sure What Self-Driving Cars Are All About

Six of 10 Americans questioned said they knew little or nothing about autonomous vehicles, according to a recent survey by Kelley Blue Book, the vehicle-buying guide.

from WSJ.com: US Business http://ift.tt/2djVl6X
via IFTTT

Takata in Talks to Resolve Allegations of Criminal Wrongdoing

Takata is negotiating after U.S. prosecutors found evidence of unlawful conduct in the Japanese automotive supplier’s handling of rupture-prone air bags linked to numerous deaths and injuries.

from WSJ.com: US Business http://ift.tt/2cKtvn8
via IFTTT

Hanjin Sale Is Possible, Court Says

The South Korean bankruptcy court handling the insolvency proceedings of Hanjin Shipping said a sale of the troubled company is possible and a decision would be made soon.

from WSJ.com: US Business http://ift.tt/2djW0p2
via IFTTT

Europol Warns of Cybercrime Surge

The European Union’s police agency says cybercrime is rising, driven by an expansion in both the number of criminals working on the internet and a rise in the opportunities for criminal gain.

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

Gambling Industry Emerges From the Political Shadows

Once on the defensive in national politics, the gambling industry is now playing a highly public role in U.S. elections, a prospect previously unimaginable.

from WSJ.com: US Business http://ift.tt/2djW0W4
via IFTTT

Uber to Launch Food-Delivery Service in Tokyo

Uber plans to launch its food-delivery business in Japan on Thursday, preparing for a gradual rollout across a country where its main ride-hailing business is barred.

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

Takata Air Bags Recalled in South Korea

South Korea’s transport ministry has ordered more than a dozen auto makers to recall hundreds of thousands of imported cars equipped with rupture-prone Takata air bags.

from WSJ.com: US Business http://ift.tt/2d8fQa2
via IFTTT

Promoting Women Is Crucial

Even where a commitment to gender parity exists, companies must be more proactive to keep women on strong career paths from the lowest to the highest organizational levels, some of the top business leaders in the U.S. said Tuesday.

from WSJ.com: US Business http://ift.tt/2dBvZG4
via IFTTT

Health of the U.S. Economy Is a Matter of Debate

Donald Trump and Hillary Clinton put forward sharply different portraits of the U.S. economy in their first face-to-face debate, offering voters a choice not only on the details of trade and tax policy but also on which assessment best reflects the state of the nation.

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

Yahoo Breach: Senators Demand Answers

Six Democratic U.S. senators have written to Yahoo CEO Marissa Mayer, seeking answers to questions about the company’s 500-million-account data breach, thought to be the largest ever.

from WSJ.com: US Business http://ift.tt/2d4U9Ke
via IFTTT

Global Container Volume on Track for Worst Year Since 2009

Global container volume growth is on track to be flat this year, which would mark the sector’s worst performance since the 2009 economic crisis and a sure catalyst for further bankruptcies and possible acquisitions.

from WSJ.com: US Business http://ift.tt/2dq3B6o
via IFTTT

Buying a Special-Edition Car Takes Grit

Ferrari this week is unveiling its LaFerrari Aperta, a small production run convertible, but don’t count on getting one even if you have the money: It can require years of car purchases and factory visits. A bit of celebrity helps, too.

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

Elon Musk Outlines Mars Plans

Entrepreneur Elon Musk unveiled his contrarian vision of sending humans to Mars in roughly the next decade and ultimately setting up colonies there.

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

Five Things to Watch: Janet Yellen's Testimony on Regulation

Federal Reserve Chairwoman Janet Yellen testifies before the House Financial Services Committee on Wednesday about financial regulation. Here are the main things to watch for.

from WSJ.com: US Business http://ift.tt/2cTIPv8
via IFTTT

Big Computer Makers Cozy Up to Microsoft's Cloud

Cloud computing has thrown computer makers into a forbidding landscape where prospective customers have incentives to rely on external service providers rather than buying hardware. But some have found a key ally in one of the biggest cloud providers, Microsoft.

from WSJ.com: US Business http://ift.tt/2dihcf7
via IFTTT

Salesforce Enters E-Commerce Fray

Salesforce.com on Tuesday introduced a new e-commerce service based on its $2.8 billion acquisition of Demandware Inc. in July.

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

Sonic Expects to Miss Wall Street Views in Fourth Quarter

Sonic estimated its fourth-quarter earnings would come in below Wall Street expectations amid dwindling traffic and lower consumer spending at its restaurants.

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

Nike Revenue and Profit Rise

Nike said its revenue rose 7.7% in the latest quarter as the world’s largest sportswear maker reported stronger sales in its North American business. Still, the company’s futures orders growth slowed and shares fell after hours.

from WSJ.com: US Business http://ift.tt/2di6Zzg
via IFTTT

Ubisoft Faces Major Test in Battle With Vivendi

A yearlong battle by videogame maker Ubisoft to stay out of Vincent Bolloré’s clutches is coming to a head. At a shareholder meeting Thursday, the maker of “Assassin’s Creed” and other games will be braced for Mr. Bolloré’s Vivendi, with a 23% stake, to ask for board representation.

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

Some CEOs Retain Jobs After Mergers

More U.S. businesses are bolstering efforts to retain top executives of acquired concerns because unwanted exits can doom a takeover.

from WSJ.com: US Business http://ift.tt/2d1310l
via IFTTT

Amazon's Newest Ambition---Competing Directly With UPS and FedEx

To constrain rising shipping costs, the online giant is building its own delivery operation, showing the extent of its ambition and also setting up a clash with the company’s shipping partners

from WSJ.com: US Business http://ift.tt/2dpf4Dd
via IFTTT

Varying Sick-Leave Laws Vex Some Employers

Across the country, new laws are requiring paid sick leave for more workers, but employers are having a hard time keeping up.

from WSJ.com: US Business http://ift.tt/2d3WPYW
via IFTTT

DJI Heads Off GoPro With Smart, Compact Mavic Pro Drone

GoPro’s new Karma drone isn’t on sale yet, but it already has a nemesis, the Mavic Pro—a new quadcopter introduced Tuesday by SZ DJI Technology, the Chinese company that has risen to dominance in the consumer drone space.

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

Google Searches for New Users in India

Alphabet’s Google is expanding its efforts to connect with millions of Indians, using free Wi-Fi and tailor-made products, as it seeks to harness the country’s growing online population.

from WSJ.com: US Business http://ift.tt/2dhkTW4
via IFTTT

Trouble Brewing in the Craft Beer Industry

The proliferation of small breweries has left owners struggling to find enough specialty hops, contributing to a sudden slowdown in craft beer sales and fueling fears among farmers that they are headed for a supply glut.

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

German Regulator Tells Facebook to Stop Collecting WhatsApp User Data

A German privacy watchdog has ordered Facebook to stop collecting user data from its messenger subsidiary WhatsApp, the latest clash between European privacy authorities and the social-network company.

from WSJ.com: US Business http://ift.tt/2d6W2Cq
via IFTTT

Ford Fights Back Against Trump Debate Claims

Ford Motor Co. went on the defensive following the latest attacks from Donald Trump aimed at the auto maker’s big-dollar Mexico investments and production plans.

from WSJ.com: US Business http://ift.tt/2d6T4xt
via IFTTT

U.S. Consumer Confidence Rose in September

A gauge of consumer confidence rose in September to a new postrecession high, a sign that upbeat households could continue to support U.S. economic growth.

from WSJ.com: US Business http://ift.tt/2doZIm7
via IFTTT

China's Internet 'Stream Queens' Tap Fans for Cash

On China’s live streaming platforms, top hosts belt out songs and fans shower them with cash during shows that resemble mass online dates, as authorities grapple with a market that has attracted the likes of Alibaba and Tencent.

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

World Trade Set For Slowest Yearly Growth Since Global Financial Crisis

World trade will this year grow at the slowest pace since the global financial crisis, a development that should serve as a “wake-up call” as anti-globalization sentiment builds, the World Trade Organization warned.

from WSJ.com: US Business http://ift.tt/2d6KvDc
via IFTTT

U.S. Home Prices Continued Brisk Growth in July, Case-Shiller Says

Home price growth showed no signs of abating in July, as strong demand for homes and a shortage of inventory helped drive prices close to new highs.

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

Swiss Watch Industry Outlook Worsens

A consulting-firm study painted a bleak picture of the Swiss watch industry. The survey found that 82% of watch executives expect a negative outlook for the coming year, up from 41% in 2015 and 19% in 2014.

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

U.S. Shale Firms Survive Oil Slump

Many U.S. companies that revolutionized the oil and gas business with hydraulic fracturing and horizontal drilling are surviving the prolonged oil-price slump unbowed.

from WSJ.com: US Business http://ift.tt/2doqI16
via IFTTT

Donald Trump Attacks Federal Reserve, Yellen During Debate

Republican presidential nominee Donald Trump redoubled his attack on the Federal Reserve and its chairwoman, Janet Yellen, accusing the central bank of “doing political things” by keeping interest rates low.

from WSJ.com: US Business http://ift.tt/2dvlH7z
via IFTTT

Donald Trump Charges China With Yuan Manipulation---Again

Donald Trump accused China of devaluing its currency in the opening minutes of the first U.S. presidential debate—adding fresh spice to an old debate: Does China gain an unfair trade advantage by manipulating the yuan?

from WSJ.com: US Business http://ift.tt/2dfi4kE
via IFTTT

Corporate-Bond Buying Attracts Doubts as Growth Tool for Europe

European central banks are looking to corporate debt to help get the region’s economy firing on all cylinders again, but many companies are wary of investing the proceeds from those purchases.

from WSJ.com: US Business http://ift.tt/2dfvm4y
via IFTTT

Palantir Sued Over Alleged Hiring Discrimination

Palantir Technologies has discriminated systematically against Asian job applicants since at least January 2010, the U.S. Department of Labor said in a lawsuit filed Monday.

from WSJ.com: US Business http://ift.tt/2cR9Y1K
via IFTTT

Lands' End CEO Federica Marchionni Is Pushed Out

Federica Marchionni was forced out as chief executive of Lands’ End, capping a tumultuous 19 months on the job in which she tried to fashion broad changes at the catalog retailer that roiled employees and turned off shoppers.

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

Disney Considers Offer for Twitter

Walt Disney on Monday emerged as another potential bidder for Twitter Inc., the struggling social-media service, people familiar with the matter said.

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

Germany's Industrial Heartland Pinched by Engineering Shortage

Germany’s vaunted industrial and machinery companies that are the core of the nation’s export might are making a transition to cyberspace as a shortage of skilled engineers threatens to undermine that shift.

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

China's Wanda Group in Talks to Acquire Dick Clark Productions

Billionaire Wang Jianlin is in discussions to acquire control of Dick Clark Productions at a valuation of up to $1 billion through his Dalian Wanda Group Co., according to people with knowledge of the situation.

from WSJ.com: US Business http://ift.tt/2d4EEzI
via IFTTT

Nike Earnings: What to Watch

Nike will report fiscal 2017 first-quarter financial results on Tuesday. Here is what you need to know.

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

76ers Take a Shot at Competitive Videogaming

The National Basketball Association’s Philadelphia 76ers on Monday became the first organization among the four major U.S. sports leagues to invest in teams that compete at videogames, a hot area attracting major advertisers and talent with ties to traditional sports.

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

BlackBerry Earnings Preview: What to Watch

Canadian smartphone maker BlackBerry Ltd. is set to report results for its second quarter of fiscal 2017 before markets open on Wednesday.

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

Messaging Apps Vary Widely When It Comes to Privacy

With the arrival of Google’s new Allo service, it’s worth looking beneath the hood to see how popular messaging services care for users’ private correspondence.

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

Neiman Marcus Posts Deeper Loss on Write-Downs

Neiman Marcus posted a much deeper loss in its fourth quarter as sales slowed and the company was hit by substantial write-downs.

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

Major Labels Sue Popular 'Stream Ripping' Website

The record industry sued one of the most popular sites for converting YouTube music videos into permanent audio files, a fast-growing form of music piracy known as stream ripping.

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

U.S. Firms Turn to German Training Model to Fill Jobs Gap

U.S. employers struggling to find enough qualified industrial workers are turning to Germany for a solution to plug the U.S. skills gap: vocational training.

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

Nestlé Reshuffles Executive Board

Nestlé SA on Monday announced a reshuffling of its executive board, as the food and beverage giant preps for new leadership at the beginning of next year.

from WSJ.com: US Business http://ift.tt/2ddQEM4
via IFTTT

Tech Chief Stefan Knirsch Departing Audi Board

Audi said head of technical development Stefan Knirsch resigned from the company’s board effective immediately.

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

Mylan's EpiPen Profit 60% Higher Than Told to Congress

Mylan says that the $100 profit per two-pack of its EpiPen injectors presented by CEO Heather Bresch to Congress last week is actually 60% higher.

from WSJ.com: US Business http://ift.tt/2cXbr8P
via IFTTT

Pfizer Throws Out Plan to Split Into Two Companies

Pfizer said it would remain a single company, deciding not to split into one business focused on patent-protected drugs and another on cash-rich older products.

from WSJ.com: US Business http://ift.tt/2dlmhZ2
via IFTTT

Williams Unveils More Board Changes

Williams named two new members to its board and plans to name two more before its annual meeting in November, a move praised by activist investor Corvex Management, which plans to withdraw plans for a proxy contest.

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

Yum Board Approves Spinoff Plan, Raises Dividend 11%

Yum Brands said its board approved the planned spinoff of its China unit, which remains on track to close at the end of next month, as the company also raised its dividend by 11%.

from WSJ.com: US Business http://ift.tt/2dlkOC9
via IFTTT

Alaska Air Agrees Not to Close Virgin America Merger Before Oct. 17

Alaska Air Group said it agreed with the Justice Department that it won’t consummate its planned merger with Virgin America before Oct. 17 to give regulators more time to review the deal.

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

Hyundai Workers on Full Strike for First Time in 12 Years

Hyundai plants in South Korea were crippled by the first complete strike by unionized workers in more than a decade, threatening to worsen the auto maker’s profit slide.

from WSJ.com: US Business http://ift.tt/2d3LllK
via IFTTT

Manufacturers Find Niche in New York City

Manufacturing jobs in New York City have been coming back in the past five years, as entrepreneurs and smaller companies make the most of the city’s talent and economic growth.

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

U.S. New-Home Sales Fell 7.6% in August

Sales of newly built homes pulled back in August after surging the prior month, a possible sign of weakening momentum across the U.S. housing sector.

from WSJ.com: US Business http://ift.tt/2dl0px3
via IFTTT

Fiscal Constraints Await the Next President

Whether Donald Trump or Hillary Clinton wins in November, they will enjoy far less latitude to spend money or cut taxes than any president since World War II.

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

Trump Advisers Estimate Big Revenue Surge from His Policies

Donald Trump’s economic advisers say his proposals to cut regulation, boost energy exploration and adopt a far more aggressive trade-enforcement posture can unleash enough economic growth to offset the price tag of Mr. Trump’s proposal to slash taxes.

from WSJ.com: US Business http://ift.tt/2dl1Pr7
via IFTTT

GM Workers in Canada Approve New Contract

The union representing Canadian auto workers won approval for a new four-year contract with General Motors Co., securing future investment for Canada’s weakening auto sector and eventually giving GM more capacity for its profitable pickup trucks.

from WSJ.com: US Business http://ift.tt/2da0AZ4
via IFTTT

Lanxess to Acquire Chemtura for $2.7 Billion

Specialty chemical company Lanxess said Sunday it is buying Chemtura in a deal with an enterprise value of around $2.7 billion.

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

Snapchat's Sunglass Camera Poses Challenges

Snapchat’s unveiling of camera-equipped sunglasses thrusts the messaging app maker into the cutthroat hardware business, a risky move that reflects its strength in video, but follows a shaky record by internet giants.

from WSJ.com: US Business http://ift.tt/2dkL53T
via IFTTT

West Elm to Launch Its Own Boutique Hotels

Furniture retailer West Elm is worried about following other chains down the rabbit hole of opening too many stores. So the company has another plan to sustain its growth: launching a chain of boutique hotels.

from WSJ.com: US Business http://ift.tt/2d1VvTY
via IFTTT

Car Makers Maneuver Europe's Turns

As the biennial Paris Auto Show prepares to open its doors this coming Saturday, Europe’s auto makers have surprisingly little to complain about.

from WSJ.com: US Business http://ift.tt/2ds6jsI
via IFTTT

Publishing Trade Body Digital Content Next Announces Online Ad Marketplace

Digital media trade body Digital Content Next is launching an automated online ad marketplace called TrustX, in a bid to bring more transparency to online advertising.

from WSJ.com: US Business http://ift.tt/2d1WJhP
via IFTTT

MillerCoors Attacks Bud Light in New Ad Campaign

Miller Lite is picking a fight with its rival in a new ad campaign that takes direct aim at the nation’s top-selling beer: Bud Light.

from WSJ.com: US Business http://ift.tt/2dkFE4U
via IFTTT

More Junior Lawyers Would Please Courts

A growing movement is taking root among judges around the country to actively push younger lawyers into court.

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

Salesforce Weighs Twitter Bid to Spur Growth

Salesforce.com’s CEO Marc Benioff is weighing a bid for Twitter, a move that would vault his 17-year-old business-software company into a new realm with very different challenges and risks.

from WSJ.com: US Business http://ift.tt/2dkF9ru
via IFTTT

Boot Camp Aims to Help Musicians Amp Up Careers

Business boot camps, called accelerators and led by entrepreneurs, are helping musicians craft long-term business plans and pitch investors to boost their exposure.

from WSJ.com: US Business http://ift.tt/2cuX20G
via IFTTT

Apple Goes Without a Lobby Into European Fray

Apple is heading toward a battle with the European Union antitrust regulator over $14.5 billion in taxes without the army of lobbyists and public relations campaigners typical in such fights.

from WSJ.com: US Business http://ift.tt/2d1yIra
via IFTTT

Global Economy Week Ahead: Yellen, Draghi and Kuroda Speak; EU and Japan Inflation

This week brings speeches by the heads of central banks in the U.S., Europe and Japan, while trade, inflation and other data releases will shed light on the health of a number of large economies.

from WSJ.com: US Business http://ift.tt/2dbGsY3
via IFTTT

Self-Driving Hype Doesn't Reflect Reality

To judge by recent claims, “fully autonomous” self-driving technology is just around the corner. The terms “autonomous vehicle” and “self-driving” evoke images of hopping into a car, entering a destination and disappearing into sleep, food or our phones. That won’t happen for a long time, writes Christopher Mims.

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

Jobs Recovery Reaches Plateau, Posing a Challenge for Forecasters

After a half-decade of steady gains, the U.S. labor market appears to be leveling off. What that plateau means for the economy’s trajectory is one of the biggest questions hanging over policy makers and investors.

from WSJ.com: US Business http://ift.tt/2cNygd3
via IFTTT

Rolling Stone Magazine Sells 49% Stake to BandLab Technologies

The investment, which sprang from the friendship of the sons of the magazine founder and a Singapore businessman, provides Rolling Stone with expansion opportunities in Asia.

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

Foreign Jet-Fighter Makers Woo India

India is being offered blueprints to advanced combat aircraft by aerospace companies like Lockheed Martin, Boeing and Saab as New Delhi gets ready to upgrade its aging military jet fleet.

from WSJ.com: US Business http://ift.tt/2d12MSl
via IFTTT

GM to Add More Diesel-Powered Cars

General Motors plans to offer a diesel-engine option on its 2018 model Chevrolet Equinox, a new version of its top-selling small sport-utility vehicle that is being overhauled amid booming demand for SUVs.

from WSJ.com: US Business http://ift.tt/2cMpo7N
via IFTTT

Snapchat Releases First Hardware Product: Spectacles

Evan Spiegel, CEO of renamed Snap Inc., calls the video-sharing sunglasses “a toy” but sees an upside to freeing his app from smartphone cameras.

from WSJ.com: US Business http://ift.tt/2cK6bDB
via IFTTT

Digital Ad Doubts Rise Over New Revelations

Marketers pouring huge sums into digital advertising are wrestling with several recent events that underscore a troubling picture: some are finding they can’t be sure how well that money was spent or what they’ve received in return for it.

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

Yahoo Executives Detected a Hack Tied to Russia in 2014

Yahoo executives detected hackers in their systems in fall 2014 that they believed were linked to Russia and were seeking data on 30 to 40 targeted users of the company’s online services, a person familiar with the matter said.

from WSJ.com: US Business http://ift.tt/2crD1Z1
via IFTTT

Will Yahoo's Data Breach Derail Verizon Deal?

Investors started worrying that a massive security breach disclosed by Yahoo Inc. could impact the internet company’s $4.8 billion deal to sell its core business to Verizon Communications Inc.

from WSJ.com: US Business http://ift.tt/2ctOWu8
via IFTTT

SpaceX Says Falcon 9 Rocket Investigation Still Pursuing Various Leads

An investigative update released Friday by SpaceX offered little insight into the likely root cause of a catastrophic explosion that destroyed one of the company’s Falcon 9 rockets during routine ground tests in Florida three weeks ago.

from WSJ.com: US Business http://ift.tt/2d6FElC
via IFTTT

UPS Uses Drone to Deliver Package to Boston-Area Island

United Parcel Service said it used a drone to deliver medicine to an island near Boston, jumping into a race with competitors such as Amazon.com to test drone delivery inside the U.S.

from WSJ.com: US Business http://ift.tt/2db69Jo
via IFTTT

Veteran Hollywood Executive Steps Down from Paramount Pictures

The vice chairman of Paramount Pictures is leaving the troubled Hollywood studio in the latest shake-up to hit corporate parent Viacom Inc., the executive said in an email.

from WSJ.com: US Business http://ift.tt/2dnNaI7
via IFTTT

GM Offers Buyouts to 400 Cadillac Dealers

General Motors Co. is offering 400 of its smallest Cadillac dealers a modest buyout as the luxury brand’s management team looks to reshape the image to better compete with rivals.

from WSJ.com: US Business http://ift.tt/2d6zUKi
via IFTTT

IHeartMedia to Launch On-Demand Music Service

IHeartMedia, the nation’s biggest radio broadcaster, is starting its own on-demand subscription music services, upping the competition in an already jam-packed market.

from WSJ.com: US Business http://ift.tt/2cJk7O3
via IFTTT

Hyundai Merchant Marine Looking to Buy Hanjin Ships

Hanjin will likely sell some of its most valuable ships as creditors scramble to secure whatever will be left from Korea’s biggest container operator as it heads toward liquidation.

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

Immigration Does More Good Than Harm to Economy, Study Finds

Immigration has little effect on the wages or employment levels of native-born Americans over the long haul and is a net benefit for long-term economic growth, according to one of the most comprehensive studies on the flow of workers into the U.S.

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

21st Century Fox Boosts Pay of Rupert Murdoch, Sons

21st Century Fox increased the pay of Executive Chairman Rupert Murdoch and his sons, Chief Executive James Murdoch and Executive Chairman Lachlan Murdoch, citing their “exemplary achievements” and their “contributions to drive the overall success of the business.”

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

Twitter Shares Surge on Takeover Report

Twitter Inc. shares surged in premarket trading after CNBC reported that the company was examining the possibility of a sale.

from WSJ.com: US Business http://ift.tt/2dg0gv3
via IFTTT

Sony Pictures and Dalian Wanda to Market Films in China

Sony Pictures Entertainment is teaming up with Dalian Wanda Group to help market its films in China, a deal that could boost Sony’s box-office returns—and strengthen Wanda’s hand in the movie business.

from WSJ.com: US Business http://ift.tt/2d2ISVe
via IFTTT

Complaints Arise Over Replacement Batteries for Samsung Galaxy Note 7

Some customers in South Korea have complained that replacement batteries for Samsung Electronics’ Galaxy Note 7 have been overheating and quickly losing battery power.

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

India Signs $8.7 Billion Deal with Dassault for Rafale Fighter Jets

India has signed a contract to purchase 36 Rafale fighter jets from Dassault Aviation SA for $8.7 billion, the French company’s biggest-ever deal as it tries to outmaneuver its U.S. rivals in the global combat-plane market.

from WSJ.com: US Business http://ift.tt/2d2IplN
via IFTTT

De Beers Bets Big on Canadian Mine

Anglo American’s gemstone business kicks off a $1 billion investment in Canada’s far north, aiming to deliver 4.5 million carats a year even as demand for high-end jewelry loses its luster.

from WSJ.com: US Business http://ift.tt/2cW31zG
via IFTTT

Liberal-Leaning Boards Pay CEOs Less, Study Says

Corporate directors with left-leaning political views turn out to be conservative when it comes to paying the chief executive, according to a new study.

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

Dentsu Apologizes For Possible Ad Overcharges

The advertising giant said it may have overcharged 111 Japanese companies for internet ads, some of which never appeared online, and it issued an apology.

from WSJ.com: US Business http://ift.tt/2cW3fql
via IFTTT

Metro AG Breakup Plan Faces Opposition

Metro AG, one of Europe’s largest retailers, wants to break itself up to boost shareholder value, but one of its biggest investors doesn’t like the deal and warns that it would ultimately destroy value.

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

Marriott Completes Acquisition of Starwood Hotels & Resorts

Marriott International Inc. has completed its acquisition of Starwood Hotels & Resorts Worldwide Inc., beginning the complex integration process by linking the guest loyalty programs and pledging to keep all 30 brands.

from WSJ.com: US Business http://ift.tt/2d4XMy9
via IFTTT

Facebook Overestimated Key Video Metric for Two Years

Ad buyers and marketers are upset with Facebook after learning the tech giant miscalculated the average time people spent watching video ads on its platform.

from WSJ.com: US Business http://ift.tt/2ddVB8j
via IFTTT

Wall Street's IPO Business: The Worst in 20 Years

The battered IPO market and a flood of cheap funding for companies have cut so deeply into the business of selling stocks that some on Wall Street worry the pillar of investment banking may never fully recover.

from WSJ.com: US Business http://ift.tt/2cH7lzL
via IFTTT

U.S. Steelmakers toFile Complaints Over Alleged Chinese Tariff Evasion

Steel producers in the U.S. plan to file complaints with the Commerce Department on Friday and Monday alleging Chinese steelmakers have been routing metal shipments through Vietnam to avoid U.S. import tariffs.

from WSJ.com: US Business http://ift.tt/2d1aR7B
via IFTTT

Hanjin Shipping Shares Soar After Funding Offers

South Korean company has been offered $100 million from its main creditor and largest shareholder to help get its stalled global supply chain moving.

from WSJ.com: US Business http://ift.tt/2d4bdhw
via IFTTT

Breakthrough Gene Tech Attracts Investors Amid Patent Dispute

Companies are seeking to capitalize on a hot new gene technology, though a high-stakes patent dispute has yet to been settled. The gene-editing tool, known as Crispr-Cas9, serves as a kind of multipurpose molecular scissors that can cut DNA.

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

Former McDonald's Executive to Sacrifice Incentives in Move to Dunkin' Brands

Former McDonald’s executive David Hoffmann may be sacrificing more than $6 million in his move to Dunkin’ Brands Group, showing the high price some may pay for not signing a noncompete agreement.

from WSJ.com: US Business http://ift.tt/2cVGSQ4
via IFTTT

Valvoline IPO Prices at $22 a Share

Valvoline, an engine and automotive-maintenance business being spun off from Ashland, raised at least $660 million in its initial public offering.

from WSJ.com: US Business http://ift.tt/2d15qWt
via IFTTT

Paramount Takes Write-Down for Movie That Isn't Released Yet

“Monster Trucks” won’t hit theaters for four months, but it appears to have already driven Paramount Pictures off course.

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

Hillary Clinton Proposes 65% Top Rate for Estate Tax

Democratic presidential candidate Hillary Clinton would impose a 65% tax on the largest estates and make it harder for wealthy households to pass appreciated assets to their heirs without paying taxes, according to an updated version of her tax plan released Thursday.

from WSJ.com: US Business http://ift.tt/2dezm6X
via IFTTT

Yellen to Testify on Bank Supervision on Capitol Hill Wednesday

Federal Reserve Chairwoman Janet Yellen will speak before the House Financial Services Committee at its semiannual hearing on the central bank’s supervision and regulation of the financial system.

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

World Bank Moves to Tap Private Debt Markets

The World Bank has begun a game-changing overhaul of its development financing for the poorest countries by leveraging the private sector. As a first step, its financing arm Thursday secured a triple-A rating.

from WSJ.com: US Business http://ift.tt/2d7HHZB
via IFTTT

Yahoo Says Breach Affected at Least 500 Million Users

Yahoo disclosed a massive security breach by a “state-sponsored actor” affecting at least 500 million users, the latest hurdle for the beaten-down internet company as it works through the sale of its core business.

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

Airbnb's Funding Round Led by Google Capital

Airbnb has brought on the growth-equity arm of Google parent Alphabet as an investor, part of an expected $850 million round that values the home-rental company at $30 billion.

from WSJ.com: US Business http://ift.tt/2dd30Vz
via IFTTT

Tesla Files Suit to Sell Cars Directly to Consumers in Michigan

Tesla Motors Inc. filed suit Thursday after Michigan denied it a license to open a store to sell directly to customers, saying a state law violates its constitutional rights and protects hometown rivals such as General Motors Co.

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

Big Marketers Launch Audits of Their Ad Buyers

J.P. Morgan Chase is among companies scrambling to respond to a report, which detailed a range of nontransparent advertising practices and conflicts of interest arising from agencies’ investments.

from WSJ.com: US Business http://ift.tt/2d3cuWk
via IFTTT

SolarCity Aims to Cut Marketing Costs as Competition Heats Up

Cash-strapped SolarCity is trying to cut marketing costs amid competition from smaller upstarts using cheaper sales tactics.

from WSJ.com: US Business http://ift.tt/2d7g0jH
via IFTTT

HelloFresh, a German Tech Incubator's Star, Still Struggles to Deliver

Rocket Internet has made its name by copying existing tech startups. Although it expects to turn a profit soon, investors aren’t so sure.

from WSJ.com: US Business http://ift.tt/2d3VgXi
via IFTTT

EU Gave Billions in Illegal Subsidies to Airbus, WTO Rules

The U.S. government on Thursday declared “sweeping victory” in a long-running, multibillion-dollar trade dispute with the European Union over subsidies to Airbus Group SE.

from WSJ.com: US Business http://ift.tt/2cTLqs5
via IFTTT

Existing-Home Sales Fall for Second Straight Month

Americans reduced home buying for the second straight month in August, suggesting the housing market might be stumbling due to a run-up in prices, an inventory shortage and persistent doubts about the economy’s strength.

from WSJ.com: US Business http://ift.tt/2dk2m93
via IFTTT

Lennar to Buy WCI Communities as Florida Recovery Continues

Lennar will buy WCI Communities in a move that combines two of the largest home builders in Florida.

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

Scholastic's Revenue Blessed by 'Harry Potter and the Cursed Child'

Scholastic’s revenue jumped 48% in the latest quarter, led by sales of ‘Harry Potter and the Cursed Child, Parts One and Two.’

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

U.S. Jobless Claims Fall Last Week to Lowest Level Since July

The number of Americans filing applications for jobless benefits fell last week to the lowest level since July, a sign of strength for the labor market.

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

Apple Looks to Grow in Samsung's Backyard

Apple has made inquiries about opening its first retail store in South Korea, in a sign that the technology giant may be looking to step up competition in Samsung’s home turf.

from WSJ.com: US Business http://ift.tt/2d3zsLo
via IFTTT

EDF Warns on Profit as Output Falls

State-controlled power utility Electricite de France cut its earnings outlook on expectations of lower nuclear output from an increase of plant outages, sending its share price down.

from WSJ.com: US Business http://ift.tt/2cqBZ4j
via IFTTT

Rocket Internet's Portfolio Firms Narrow Losses

Rocket Internet, the unprofitable German tech company specializing in cloning Web startups, said the combined adjusted loss of the biggest companies in its portfolio narrowed in the first half of the year on a 32% increase in aggregate revenue.

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

Maersk to Split Into Two Separate Units

Danish conglomerate A.P. Moeller-Maersk said it is splitting into two separate units to generate growth, as it battles with the worst shipping downturn in years and a historic oil-price rout.

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

Rolls-Royce CEO Replaces Finance Chief

Rolls-Royce Holdings PLC boss Warren East is replacing his finance chief in a move that amplifies the scale of the shake up under way at the British aircraft-engine makers after a series of profit setbacks and a dividend cut.

from WSJ.com: US Business http://ift.tt/2dcMtp2
via IFTTT

Former McDonald's Executive Moves to Dunkin' Donuts

David Hoffmann, a 22-year McDonald’s Corp. veteran, has been appointed president of Dunkin’ Donuts U.S. and Canada after resigning abruptly from the burger giant last week.

from WSJ.com: US Business http://ift.tt/2diFA1F
via IFTTT

Central Bank Tools Are Losing Their Edge

Central banks have shown the will to hit their growth and inflation targets. But do they have the way? That question is more pointed after the Bank of Japan on Wednesday announced two new central bank firsts.

from WSJ.com: US Business http://ift.tt/2cSWR1z
via IFTTT

Japan Could Divest Itself of Stake in iPhone-Screen Maker

Japan’s government could divest itself of its stake in Japan Display unless it shows it is more than just a commodity supplier to Apple.

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

Machine-Tool Manufacturers Cut Prices to Generate Sales

Manufacturers of metal-cutting machines are shearing prices to generate sales amid a global slump in machinery demand.

from WSJ.com: US Business http://ift.tt/2d1hqL4
via IFTTT

Oil Sector, Investors React to SEC Probe of Exxon

The SEC probe into how Exxon values assets in a world of increasing climate change regulations elicited sharp reactions, with some investors seeing it as a tipping point in a campaign to get companies to disclose climate risks.

from WSJ.com: US Business http://ift.tt/2dkHv8B
via IFTTT

Charter Communications to Offer a Wireless Product, CEO Says

Charter Communications, the second-largest U.S. cable operator, plans to offer a wireless product, Chief Executive Tom Rutledge said at an investor conference Wednesday.

from WSJ.com: US Business http://ift.tt/2d2I05b
via IFTTT

Colonial Pipeline Co. Has Restarted Gasoline Pipeline

Colonial Pipeline Co. has restarted its main gasoline line, according to a source, but traders expect it could take more than a week to rebuild depleted inventories in the Southeast.

from WSJ.com: US Business http://ift.tt/2dkHwt3
via IFTTT

Schlumberger Wins Part of $3.2 Billion Drilling Project in Venezuela

Schlumberger said Wednesday it has won a large project in Venezuela, just months after the company shut down some operations and fired hundreds of workers because of payment delays from the government.

from WSJ.com: US Business http://ift.tt/2d0MieR
via IFTTT

Anthem, Cigna Accuse Each Other of Merger Breach

Anthem and Cigna have accused one another of violating the terms of their merger agreement, according to a legal filing by the Justice Department.

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

Apple Looking to Bolster Car Project

Apple has held talks about investing in British sports-car maker McLaren Technology Group and Lit Motors, a maker of two-wheeled electric vehicles.

from WSJ.com: US Business http://ift.tt/2cDMwF7
via IFTTT

Zuckerberg Family Fund to Invest $3 Billion in Research Technology

Facebook Chief Executive Mark Zuckerberg and his wife Priscilla Chan on Wednesday committed to invest more than $3 billion over the next decade to build technology that can speed up research on disease.

from WSJ.com: US Business http://ift.tt/2d0xf4T
via IFTTT

Yellen Says Fed Isn't Playing Politics With Rates

Federal Reserve Chairwoman Janet Yellen dismissed suggestions from Republican presidential nominee Donald Trump that the Fed is playing politics with its interest-rate decisions.

from WSJ.com: US Business http://ift.tt/2dhVh9l
via IFTTT

Three Fed Officials Dissent, Want Increase Now

For the first time since December 2014, three Federal Reserve officials cast dissenting votes at the Fed’s September policy meeting, underscoring the continuing division on the rate-setting Federal Open Market Committee over whether the economy is ready for higher borrowing costs.

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

'Pokémon Go' Ends Its Reign at No. 1

The augmented-reality game’s time as the top-grossing app in Apple Inc.’s U.S. app store ended Tuesday at 74 days.

from WSJ.com: US Business http://ift.tt/2d2ksgE
via IFTTT

Europe Hangs Up on Cross-Border Roaming Fees

European regulators are finally ready to get rid of roaming, rolling out new proposals that laid out the blueprint of how to abolish cellphone roaming fees customers crisscross EU borders.

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

Oil Woes Sour Iraq's Potential for Big Contractors

BP, Lukoil and Shell are finding the once bright promises of Iraq’s oil production growth increasingly are uncertain because of weak pricing and political turmoil that have stalled government investment in its energy industry.

from WSJ.com: US Business http://ift.tt/2d09Pwn
via IFTTT

Chinese Internet Firms Hit Obstacles Abroad

Columnist Li Yuan writes that China’s internet companies struggle to come up with products and strategies that can make them competitive overseas.

from WSJ.com: US Business http://ift.tt/2d9raR1
via IFTTT

Reckitt Benckiser Struggles to Move Past Disinfectant Deaths

Reckitt Benckiser CEO apologizes for harm brought to South Korean consumers who used its humidifier disinfectant.

from WSJ.com: US Business http://ift.tt/2d09QjV
via IFTTT

General Mills Profit Falls

General Mills Inc.’s sales fell 7% in the latest quarter as its yogurt business plunged in the U.S., where shoppers are trading Yoplait for Greek-style brands.

from WSJ.com: US Business http://ift.tt/2d9rYFj
via IFTTT

China State Steel Merger Taps Old Theme: Bigger Is Better

Beijing revives push to consolidate heavy industry despite evidence the strategy hasn’t achieved its goal of greater efficiency.

from WSJ.com: US Business http://ift.tt/2d09cTD
via IFTTT

Fed Stands Pat, but Says Case for Rate Increase Has Strengthened

The Federal Reserve left short-term interest rates unchanged, but signaled after a meeting marked by internal divisions that it still expected to raise them before year-end.

from WSJ.com: US Business http://ift.tt/2cp8XSw
via IFTTT

Mylan CEO to Shift Blame on EpiPen Pricing at Hearing

Mylan CEO Heather Bresch plans to defend the rising price of EpiPens when testifying before Congress Wednesday, sticking to the company’s effort to shift blame to health insurers and drug-benefit managers.

from WSJ.com: US Business http://ift.tt/2d8FrgL
via IFTTT

Viacom's Interim CEO Tom Dooley to Depart; Dividend Cut in Half

Viacom said interim Chief Executive Tom Dooley will depart in November and that it is slashing its dividend in half, moves to help the media giant make a clean break with the past and get its finances in order.

from WSJ.com: US Business http://ift.tt/2d8FokV
via IFTTT

CarMax Profit Falls

CarMax Inc. reported a 5.7% decline in quarterly profit, as sales fell short of expectations amid a continued weak market for used cars.

from WSJ.com: US Business http://ift.tt/2daR9f2
via IFTTT

Replacement Galaxy Notes 7s Arrive En Masse

A global recall of Samsung’s Galaxy Note 7 smartphone, whose batteries in some cases caught fire, rolled out in earnest around the world, amid questions about whether Samsung can meet demand for the replacement devices.

from WSJ.com: US Business http://ift.tt/2cH78P1
via IFTTT

Airbus Set to Name Brégier to Chief Operating Role

Airbus is expected to name its commercial-plane unit boss Fabrice Brégier to the newly created role of group chief operating officer.

from WSJ.com: US Business http://ift.tt/2clR0Q9
via IFTTT

Indian Minister Says Global Retailers Want to Invest After Food Store Rules Relaxed

Global retail giants who have been reluctant to dive into the Indian retail market are ready to ramp up their presence in the South Asian nation through outlets that sell only locally-sourced food, said the country’s food-processing minister.

from WSJ.com: US Business http://ift.tt/2dj3hcO
via IFTTT

VW Faces $9 Billion in Claims in Germany From Stock Drop

Investors are seeking around $9.10 billion in damages from Volkswagen on losses suffered when the German car maker’s shares plunged after U.S. authorities disclosed a year ago that the company had cheated on emissions tests.

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

As Hanjin Sank, its Former Chairwoman Abandoned Ship

Korean prosecutors are investigating Choi Eun-young over possible insider trading after she sold all her stock in the shipping company as its troubles mounted this spring.

from WSJ.com: US Business http://ift.tt/2d82Sa3
via IFTTT

Chipotle Explains Food-Safety Practices in Ad Campaign

In a new marketing campaign, Chipotle Mexican Grill outlines its food-safety practices as it continues to reassure customers—nearly a year after two E. coli outbreaks sickened dozens of people in several states.

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

As Airlines Combine Cockpit-Cabin Data Systems, Safeguards Are Needed

Hawaiian Airlines and FedEx are trying technologies that promise to improve communication systems connecting aircraft with satellites, but the moves also raise cybersecurity issues.

from WSJ.com: US Business http://ift.tt/2cYUn3J
via IFTTT

Boeing Picks Rockwell Collins to Equip 777X with Touch-Screen Controls

Boeing Co. and Rockwell Collins Inc. are teaming up to install the first touch screens, ubiquitous features on everything from cellphones to car dashboards, in the cockpits of next-generation airliners.

from WSJ.com: US Business http://ift.tt/2d83IUb
via IFTTT

Zara Owner Inditex's Profit Beats Expectations

Inditex, the retailer behind the Zara fast-fashion chain, reported a better-than-expected rise in second-quarter net profit, continuing to benefit from its focus on easily renewed inventory and quick deliveries to drive up sales.

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

How Pokémon Became Monster Hit

When Pokémon Chief Executive Tsunekazu Ishihara first got involved with the game two decades ago, he didn’t expect Pikachu—a chubby yellow mouse with rosy cheeks—to become its global figurehead.

from WSJ.com: US Business http://ift.tt/2d3zuFU
via IFTTT

What to Watch at the Fed Meeting

The Federal Reserve isn’t likely to raise short-term interest rates at its policy meeting that wraps up Wednesday, but it could send signals about where borrowing costs are headed in the months and years ahead.

from WSJ.com: US Business http://ift.tt/2d7lxTl
via IFTTT

Bank of Japan Sets Rate Target for 10-Year Bonds

Japan’s central bank took an unexpected step, introducing an interest-rate target for 10-year government bonds to help stoke inflation, following an internal review of existing measures that failed to achieve 2% inflation in a promised two-year time frame.

from WSJ.com: US Business http://ift.tt/2cYj9B2
via IFTTT

Refugee Crisis Spurs Companies to Act

Major U.S. companies have pledged to offer money, technology and training worth about $650 million to address the global refugee crisis, saying the enormity of the problem requires more than government action.

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

Fully Autonomous Robots: The Warehouse Workers of the Near Future

Grocery baron Rick Cohen, CEO of C&S Wholesale, is pitching bots that can pick and stack goods untethered, promising to cut inefficiency in a low-margin business that has been slow to automate.

from WSJ.com: US Business http://ift.tt/2d9t1tx
via IFTTT

Hey, Check Out My New Phone! It Does Nothing.

As tech lovers race to buy the iPhone 7, entrepreneurs are pitching the functionless ‘NoPhone Air,’ which comes in an empty package and is aimed at people tired of being glued to their screens.

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

SEC Investigating Exxon on Valuing of Assets, Accounting

The SEC is investigating how Exxon Mobil has valued its assets in the face of the current plunge in oil prices.

from WSJ.com: US Business http://ift.tt/2d6QtTF
via IFTTT

FedEx Lifts Outlook After TNT Buy

FedEx increased its earnings forecast for the year as the package-delivery giant works to integrate the Dutch parcel firm TNT Express amid a tepid economic outlook.

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

AT&T to Test Broadband Over Power Lines

AT&T Inc. said Tuesday it had discovered a way to deliver high speed broadband over electrical power lines, a technology it claims would make it cheaper and easier to bring the internet to hard to reach places.

from WSJ.com: US Business http://ift.tt/2df1sut
via IFTTT

Petrobras Cuts Five-Year Investment Plan

Brazilian state-run oil company Petróleo Brasileiro SA outlined an ambitious target for debt reduction it said won't impact oil production, raising familiar concerns at a company that has grown famous for misplaced optimism.

from WSJ.com: US Business http://ift.tt/2df2Zkj
via IFTTT

Samsung Says Replacement Galaxy Note 7s Will Be Available Wednesday

Samsung said replacements for half of the one million Galaxy Note 7 phones recalled in the U.S. last week will be available in stores by Wednesday, falling short of expectations.

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

Record Companies' U.S. Revenue Up 8.1% in First Half of 2016

A huge jump in music streaming contributed to an 8.1% increase in record companies’ U.S. revenue in the first half of 2016, compared with the same period a year earlier. The growth was the industry’s strongest since the CD boom of the late 1990s.

from WSJ.com: US Business http://ift.tt/2df3dYL
via IFTTT

Enbridge, Canada Won't Appeal Court Ruling on Northern Gateway

Enbridge’s plans to build a pipeline that connects the Alberta oil sands with the Pacific Coast are headed back to the drawing board after the company and Canadian government said neither would appeal a high-court ruling quashing the Northern Gateway project.

from WSJ.com: US Business http://ift.tt/2cOz4RL
via IFTTT

Group of 21 States Sues U.S. Over New Overtime-Pay Rule

Twenty-one states filed a lawsuit against the federal government seeking to overturn a sweeping regulation designed to qualify millions more Americans for overtime pay starting in December.

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

Microsoft Plans $40 Billion Stock Buyback, Raises Dividend

Microsoft Corp. announced plans to buy back up to $40 billion in stock and boost its dividend to 39 cents from 36 cents.

from WSJ.com: US Business http://ift.tt/2cRV8I2
via IFTTT

Seed Company Executives Appear on Capitol Hill

U.S. Senators on Tuesday challenged executives from the world’s largest seed companies to justify a wave of mergers, which some lawmakers said could lead to higher prices for farmers and consumers alike.

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

Hedge Funds Put Beer Megadeal in a Bind

As SABMiller’s shareholders have started voting on a $100 billion-plus megadeal to be acquired by AB InBev, a group of hedge funds could unintentionally jeopardize the deal.

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

Sinclair Sees Weakness in Presidential Ads

Sinclair Broadcast Group said a dearth of spending on presidential advertising pushed it to lower its third-quarter guidance. The news dragged down stocks across the broadcast industry.

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

Comcast to Launch Wireless Service by Mid-2017

Comcast CEO Brian Roberts said the cable giant is aiming to launch a wireless service by mid-2017, creating a new line of business that could help the company better retain customers in a fiercely competitive market.

from WSJ.com: US Business http://ift.tt/2cAjo1N
via IFTTT

Allergan Agrees to Buy Tobira Therapeutics in $1.7 Billion Deal

Allergan agreed to acquire Tobira Therapeutics, a biopharmaceutical company that develops therapies for liver diseases, in a deal the companies said potentially is worth roughly $1.7 billion.

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

U.S. Housing Permits, Starts Fell in August

Fewer building permits were issued in the U.S. last month, and housing starts slumped, a sign U.S. home builders remain cautious about demand for new properties.

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

GE Goes Into High Gear to Attract Silicon Valley Tech Talent

General Electric—one of the country’s oldest industrial businesses—has set up a new software division that is working to lure tech talent from Silicon Valley titans such as Apple and Cisco.

from WSJ.com: US Business http://ift.tt/2cEw35S
via IFTTT

Cowboys Turn to High-Tech Ear Tags to Monitor Animal Health

New high-tech ear tags that track a herd’s movement and feeding patterns offer ranchers a way to reduce the use of antibiotics in livestock operations.

from WSJ.com: US Business http://ift.tt/2d80qEP
via IFTTT

Pokémon to Create Games for Next Nintendo System

Sales of Pokémon products have been lifted by the popularity of ‘Pokemon Go.’ and the company is hoping to bring the smartphone app to China and South Korea.

from WSJ.com: US Business http://ift.tt/2cAcn12
via IFTTT

GlaxoSmithKline Names Emma Walmsley as Chief Executive Officer Designate

GlaxoSmithKline has named Emma Walmsley as chief executive officer designate to take over from Andrew Witty when he retires next year.

from WSJ.com: US Business http://ift.tt/2d7vk03
via IFTTT

Bayer Sets Out Improved Sales, Profitability Forecasts

Germany’s Bayer is targeting increased sales and earnings growth over the next few years at its drug and crop-science businesses, just days after announcing a planned $66 billion takeover of U.S. seed supplier Monsanto.

from WSJ.com: US Business http://ift.tt/2czJW37
via IFTTT

Canadian Auto Workers Reach Contract Deal With GM

The union representing Canada’s auto workers reached a tentative agreement on a new four-year contract with General Motors, averting a strike that threatened to disrupt production.

from WSJ.com: US Business http://ift.tt/2cqzT2C
via IFTTT

What Business-School Application Trends Say About the Economy

Graduate business programs offering one-year M.B.A.s and master’s degrees in specializations such as data analytics saw a marked increase in applications this year, according to a GMAC survey.

from WSJ.com: US Business http://ift.tt/2d47ygX
via IFTTT

U.S., China Move Against Firm Suspected of Aiding North Korean Nuclear Program

The U.S. and China are targeting the finances of a sprawling Chinese conglomerate headed by a Communist Party member whom the Obama administration believes has played a role in aiding North Korea’s nuclear program.

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

Markets Tighten Ahead of Fed

While Federal Reserve officials have been wrestling with whether to tighten monetary policy in recent weeks, the financial markets may have already done much of the work for them.

from WSJ.com: US Business http://ift.tt/2df7aQ5
via IFTTT

Obama Administration Rolls Out Recommendations for Driverless Cars

The Obama administration said companies developing driverless cars should adopt a series of government recommendations to certify their vehicles are ready for U.S. roads.

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

FedEx Details Plans to Raise Rates Next Year

FedEx Corp. said its will raise shipping rates starting next year, including an average increase of 3.9% at its air-shipping Express division and 4.9% for its ground and home-delivery services.

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

Corporate Judgment Call: When to Disclose You've Been Hacked

Companies are getting hacked more frequently but aren’t disclosing the incidents in their regulatory filings, a trend that worries investors.

from WSJ.com: US Business http://ift.tt/2d6K0fN
via IFTTT

Carl Icahn Sells More Than Half of Chesapeake Stake

Activist investor Carl Icahn has exited more than half of his stake in Chesapeake Energy, citing tax planning reasons.

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

GoPro Offers New Cameras and a Drone

GoPro unveiled two new cameras and its first drone, launches that are expected to test whether the action-camera maker can jump-start growth.

from WSJ.com: US Business http://ift.tt/2cyOg2u
via IFTTT

Burberry CEO Sharpens Focus on Brand as He Hands Over Reins

Burberry’s Christopher Bailey is presiding as CEO for the last time during London’s fall fashion week, but he will remain creative chief, acknowledging in an interview he had reservations about taking on the CEO role in the first place.

from WSJ.com: US Business http://ift.tt/2d6Bsph
via IFTTT

Kmart to Close Another 64 Locations

Kmart is closing another 64 locations, according to a person familiar with the matter, as the struggling department store chain continues to shrink its footprint.

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

NextEra Sweetens Deal for Energy Future's Oncor

NextEra Energy Inc. has boosted its offer for Energy Future Holdings Corp.’s Oncor electricity transmission business by $300 million, quieting creditor worries about the sale that will be the key to getting the Dallas company out of bankruptcy.

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

Unilever to Buy U.S. Home and Personal Care Firm Seventh Generation

Unilever PLC has agreed to buy a Vermont-based maker of plant-based detergents and household cleaners, a deal that gives it a foothold in the fast-growing market for “natural”  cleaning products.

from WSJ.com: US Business http://ift.tt/2cyrvf4
via IFTTT

Samsung Says Phone Explosions in China Not Caused by Batteries

Samsung Electronics sought to distance fresh reports of phone combustions in China from its global recall, saying that for at least one case, it believed the fire began outside the phone.

from WSJ.com: US Business http://ift.tt/2d6bpys
via IFTTT

Hollywood Under Pressure to Put More Chinese Actors in the Spotlight

Hollywood movie producers often try to cast Chinese actors in U.S. films to appeal to audiences in China, which is on track to become the world’s largest box office in the next couple of years. The tactic has yielded mixed results.

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

Tesla's Merger With SolarCity May Be Delayed by Lawsuits

Tesla Motors disclosed in a regulatory filing Monday that its proposed merger with SolarCity could be delayed by shareholder lawsuits, adding to the volatility for cash-strapped solar panel installer.

from WSJ.com: US Business http://ift.tt/2d6bfHi
via IFTTT

Uber to Open Facility in Detroit Area

Uber Technologies is close to opening a facility in the Detroit area to boost collaboration with conventional car companies, a top executive said at a conference Monday.

from WSJ.com: US Business http://ift.tt/2cyr18N
via IFTTT

Bank of Canada Chief Saw 'Serious Concerns' With Statistics

Bank of Canada Gov. Stephen Poloz said the central bank requires a contingency plan for economic data because the quality of information gathered by Canada’s statistics agency is at risk due to aging technology, according to documents reviewed by The Wall Street Journal.

from WSJ.com: US Business http://ift.tt/2dedI1c
via IFTTT

U.S. Home-Builder Gauge Matches Highest Level Since 2005

U.S. home builders said they became more optimistic this month about the market for single-family homes, a sign of rising demand for new residential construction that could boost the broader economy.

from WSJ.com: US Business http://ift.tt/2cy1lJC
via IFTTT

Community Health Systems Exploring Alternatives

Community Health Systems said Monday that it was exploring potential alternatives, including a variety of transactions with financial sponsors.

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

Trump Trade Plan Could Push U.S. into Recession, Study Says

Imposing stiff tariffs on China and Mexico, as Republican presidential nominee Donald Trump has proposed, could push the U.S. into recession and cost 5 million U.S. jobs, according to a study by the Peterson Institute for International Economics.

from WSJ.com: US Business http://ift.tt/2cBZs0u
via IFTTT

Sanofi Files Suit Against Merck

Sanofi said it filed a lawsuit against Merck & Co. for alleged patent infringements to prevent the U.S. drugmaker from launching a rival version of the French pharmaceutical giant’s best-selling diabetes treatment Lantus.

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

Facebook Hires Executive With India Ties for Messenger App Push

Facebook is hiring Anand Chandrasekaran, a high-profile technology executive with expertise in Silicon Valley and India, to help develop strategies for its Messenger app.

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

Port of Melbourne Leased to Lonsdale Consortium

A consortium including Australia’s sovereign-wealth fund and wholesale fund manager QIC has agreed to pay more than $7.3 billion for a long-term lease on the Port of Melbourne—the country’s largest container port.

from WSJ.com: US Business http://ift.tt/2cKhtJ0
via IFTTT

Hanjin Unloads More Cargo, Easing Supply-Chain Fears

Nearly one-third of the Hanjin container ships that have been waiting to dock at ports around the world have unloaded their cargo, raising hopes that the disruption in the global supply chain will ease ahead of the holiday season.

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

'The People v. O.J. Simpson' Dominates at Emmys

Real life showed its influence on the 68th Emmy Awards as “The People v. O.J. Simpson: American Crime Story” dominated its competitors.

from WSJ.com: US Business http://ift.tt/2d4RKPk
via IFTTT

Canadian Union to Strike GM If Contract Deadline Missed

The Canadian auto workers union said thousands of factory employees will strike at two GM plants if the sides miss a Monday night contract deadline.

from WSJ.com: US Business http://ift.tt/2dbPCo5
via IFTTT

Salesforce Joins Race for Artificially Intelligent Business Software

Salesforce.com said it would embed artificial intelligence technology into its software for salespeople, making it the latest in a gaggle of companies racing to enhance workplace tools with human-like abilities.

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

Koch Tries Its Hand at Carpet Cleaners

Koch Industries, a conglomerate owned and run by conservative billionaire brothers Charles and David Koch, is making a push into the household-cleaner business, taking aim at industry stalwarts.

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

FAA Poised to Take On Role as Traffic Cop for Space

The Federal Aviation Administration appears poised to take on a new role some agency officials have coveted for years: serving as traffic cops in space.

from WSJ.com: US Business http://ift.tt/2dbLu7A
via IFTTT

Rolls-Royce Holdings Expands Job Cuts

Rolls-Royce Holdings said Sunday it would shed 200 more management roles through a buyout program. Those come on top of 400 management positions the company in May said it would eliminate.

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

Oklahomans Turn Out for Auction of McClendon's Wines

Aubrey McClendon’s fine wine collection sold for $8.4 million over the weekend, as bidders from the late oilman’s home state helped the auction exceed expectations.

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

Stranded Artist Ends Journey on Hanjin Ship

An artist-in-residence aboard a Hanjin vessel that had been stranded at sea after the carrier filed for bankruptcy, disembarked in Tokyo Saturday.

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

Fed Hits Crossroads on Inflation Policy

Most Federal Reserve officials agree the economy is at or getting very close to what economists consider full employment, the rate below which inflation starts to rise. What they can’t agree on is what should happen next.

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

Africa's Naspers Takes Aim at Craigslist

Naspers, Africa’s biggest company, is making a push into the U.S. online-classifieds market in a bid to topple a household name, Craigslist.

from WSJ.com: US Business http://ift.tt/2cwDb1O
via IFTTT

Why the Paperless Office Is Finally on Its Way

We were promised the paperless office for 40 years, yet it’s only just becoming true, writes Christopher Mims. For the first time in history, there is a steady decline of about 1% to 2% a year in office use of paper.

from WSJ.com: US Business http://ift.tt/2ciz8uc
via IFTTT

'Sully' Holds On to No. 1 at the Box Office

‘Sully,’ the film drama about Capt. Chesley ‘Sully’ Sullenberger’s ‘Miracle on the Hudson,’ held on to the top spot at the box office, outshining new releases featuring the Blair Witch, Bridget Jones and Edward Snowden.

from WSJ.com: US Business http://ift.tt/2cKGLW4
via IFTTT

Bayer Deal Could Offset Europe Regulatory Environment

Bayer’s push into U.S. agrochemicals with its planned acquisition of Monsanto could help offset a growing problem on its home turf: increasingly stringent European regulation.

from WSJ.com: US Business http://ift.tt/2cwghI6
via IFTTT

Markets Have Become More Dependent on Central Banks, Says BIS

Recent developments in financial markets underscore how dependent they have become on central banks, the chief economist of the Bank for International Settlements said.

from WSJ.com: US Business http://ift.tt/2d3LffW
via IFTTT

Hey, Big Spender! Donald Trump Faces Pressure on Debt, Deficit

Donald Trump is unfurling new policies that would pour tens of billions of federal dollars across the landscape of American life. While his spending plans are specific, his proposals to pay for them are less precise.

from WSJ.com: US Business http://ift.tt/2cw2ZeN
via IFTTT

Samsung Unloads Tech Shares as Recall Starts to Burn

As it grapples with a massive global recall of its Galaxy Note 7 smartphones, with an estimated cost of more than $1 billion, Samsung is moving swiftly to sell stakes in other technology companies to raise cash.

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

Heavy-Equipment Glut Weighs on Machine Makers

Used machinery is flooding the secondhand market, piling more pain on equipment makers battling slack demand amid a global commodities slump.

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

General Mills Looks to Stir Up Yogurt Sales

General Mills’ efforts to revive its yogurt business will draw attention when the food company reports its quarterly earnings on Wednesday.

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

Telemundo Rethinks Format to Reach New Viewers

Telemundo is overhauling its programming to appeal to a U.S. Hispanic audience whose tastes are changing. In July, the Spanish-language network introduced three prime-time series that don’t hew to telenovela stereotypes and clichés.

from WSJ.com: US Business http://ift.tt/2d6FkT7
via IFTTT

Apple Shares Have Best Week in Nearly Five Years

Apple shares posted their best week in nearly five years, leading a rally in technology shares that outshone the broader market. Apple gained 11% to $114.92, its biggest weekly climb since October 2011.

from WSJ.com: US Business http://ift.tt/2cFOsA4
via IFTTT

Debates Are on TV, but Advertisers Target Eyeballs Online

Ahead of the first presidential debate, political advertisers are planning to grab millions of viewers’ eyes—but with a difference. The showdowns have no television commercials, so the focus will be online.

from WSJ.com: US Business http://ift.tt/2d6EVQy
via IFTTT

Bank of Canada Governor's Private Remarks Raise Information-Access Concerns

Governor Stephen Poloz’s comments at a dinner earlier this week revived questions about how central bankers communicate with the public without giving some listeners an advantage.

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

Federal Regulators Investigate Colonial Pipeline Leak

The Pipeline and Hazardous Materials Safety Administration said it would require the company to fulfill several requirements before allowing the gasoline pipeline to start up again.

from WSJ.com: US Business http://ift.tt/2cdGw4U
via IFTTT

Disney Taps Industry Veteran for Business Post at TV Unit

Walt Disney has tapped former Warner Bros. and Legendary Entertainment executive Bruce Rosenblum to run the business operations at its television unit.

from WSJ.com: US Business http://ift.tt/2cVj5Px
via IFTTT

Small Businesses in Louisiana Struggle After the Flooding

One month after some of the worst flooding to hit the U.S. in years devastated a community in southern Louisiana, the work of rebuilding is just beginning for small-business owners.

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

Chipotle Marketing Chief Back to Work After Drug Charges

Chipotle Mexican Grill’s marketing chief has returned to work following less than three months on administrative leave after he was indicted for allegedly buying cocaine.

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

Head of Canada's Statistics Agency Quits Unexpectedly

Wayne Smith, head of Canada’s statistics-gathering agency, quit unexpectedly on Friday, citing concerns about the organization’s decline and adding to worries about the quality of the country’s national economic data.

from WSJ.com: US Business http://ift.tt/2cFFu2h
via IFTTT

21st Century Fox Sues Netflix for Poaching Employees

21st Century Fox filed a lawsuit against Netflix, accusing the streaming-video giant of illegally hiring two of its executives who were under contract.

from WSJ.com: US Business http://ift.tt/2d4sy7A
via IFTTT

Pratt & Whitney Will Miss Jet Engine Goal, UTX CEO Says

United Technologies Corp. warned it will miss its 2016 goal for deliveries of a new jet engine by roughly 25%, the latest setback in one of the most important programs for the conglomerate.

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

Twitter's First NFL Broadcast Wins Compliments From Viewers

Twitter Inc. can breathe a sigh of relief after its high-profile, live-streaming debut of a Thursday night National Football League game went smoothly.

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

Tesla, Mobileye Accelerate War of Words Over Autopilot

Mobileye raised concerns with Tesla Motors CEO Elon Musk more than a year ago about allowing an Autopilot feature to be used as a hands-free technology, the safety-gear maker said, escalating its public spat with the auto maker.

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

J&J Nears Deal to Buy Abbott's Eye-Surgery Unit

Abbott Laboratories is in advanced talks to sell its eye-surgery equipment business to Johnson & Johnson as the health-care giants remake their lineups of medical devices.

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

Hanjin Aims to Sell More Than Half Its Ships

Debt-ridden Hanjin Shipping is working on a restructuring plan that calls for the drastic reduction of its fleet and returning the vast majority of the ships it charters to their owners.

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

Spare Electronics Battery Extinguished Aboard Delta Flight

A spare electronics battery aboard a Delta commercial flight started smoking and was extinguished by flight attendants Friday morning.

from WSJ.com: US Business http://ift.tt/2cU30cU
via IFTTT

Intel Raises Quarterly Guidance

Chip maker Intel Corp. raised its revenue forecast for the third quarter amid signs of improving demand in the personal-computer market.

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

U.S. Consumer Sentiment Unchanged in September

A gauge of U.S. consumer confidence held steady during the first half of September, suggesting households remain relatively upbeat heading into the fall.

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

U.S. Consumer Prices Rose 0.2% in August

Consumer prices moved higher in August, a sign that U.S. inflation may be continuing to firm after years of sluggish price growth.

from WSJ.com: US Business http://ift.tt/2cs5oa2
via IFTTT

Exxon's Accounting Practices Are Investigated

New York Attorney General Eric Schneiderman is investigating why Exxon Mobil hasn’t written down the value of its assets, two years into a pronounced crash in oil prices.

from WSJ.com: US Business http://ift.tt/2ciU2rD
via IFTTT

U.S. Seeks New Ways to Deal With Orbital Debris

With space entrepreneurs proposing to launch unprecedented numbers of communication and imaging satellites over the next decade, U.S. government officials are looking for ways to prevent collisions and other hazards in orbit.

from WSJ.com: US Business http://ift.tt/2cDMLj7
via IFTTT

As iPhone 7 Hits Stores, Apple Devotees Click 'Buy'

A slightly unusual scene unfolded Friday at some Apple Inc. stores, where the normal lines of camped-out shoppers eager to buy the latest iPhone were replaced in certain locations by smaller throngs who had preordered the largely sold-out phone.

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

Boeing Challenges Loss in Danish Combat Jet Competition

Boeing is challenging Denmark’s decision to pick a rival’s aircraft in a combat-jet competition highlighting the importance of export deals to U.S. fighter-plane makers.

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

Oracle Earnings Rise on Cloud Computing Growth

Oracle earnings rose 5% in the first quarter on continued growth in its cloud-computing operations, but the company’s stock price slid as results missed expectations.

from WSJ.com: US Business http://ift.tt/2cNay2m
via IFTTT

New Jersey Factory Linked to Chinese Aluminum Probe

The Commerce Department is investigating whether Aluminum Shapes helped Chinese metals giant China Zhongwang evade U.S. tariffs by importing disguised products.

from WSJ.com: US Business http://ift.tt/2cuSI4i
via IFTTT

Unilever Is in Talks to Acquire Jessica Alba's Honest Co.

Unilever PLC is in talks to acquire the Honest Company Inc., the consumer-products retailer co-founded by actress Jessica Alba, according to people familiar with the matter.

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

Bayer, Monsanto Shareholders Not All Cheering Over $57 Billion Deal

Bayer shareholders appeared cautiously optimistic after worrying that the German drugs and chemicals giant could overpay, while some Monsanto shareholders said they had envisioned a higher price for the world’s largest developer of high-tech crop seeds.

from WSJ.com: US Business http://ift.tt/2cbzoX7
via IFTTT

Globalfoundries Plans Big Investment in New York State Chip Plant

Chip manufacturer Globalfoundries said it is planning a multibillion-dollar investment in an upstate New York factory, part of a novel strategy for introducing new production technology.

from WSJ.com: US Business http://ift.tt/2cdE0Rk
via IFTTT

Michigan Denies Tesla Request to Open Dealership

Officials in Michigan have rejected Tesla Motors’ request to open a company-owned dealership.

from WSJ.com: US Business http://ift.tt/2cbyV7b
via IFTTT

Judge Allows Hanjin Ships to Depart U.S.

A New Jersey bankruptcy judge denied a bid from Hanjin Shipping Co.’s creditors to keep several of the South Korean carrier’s ships from leaving U.S. ports.

from WSJ.com: US Business http://ift.tt/2cdD13n
via IFTTT

FDA Cracks Down on Online Sales by E-Cigarette Industry

A month after assuming regulatory oversight over e-cigarettes, the U.S. Food and Drug Administration has cracked down on online sales by the industry, issuing 24 letters to websites for illegal sales to minors.

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

Cup Noodles Dials Down the Salt

Cup Noodles said it has drastically reduced the sodium content of its instant ramen and removed artificial flavors, adding ingredients like paprika and lime.

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

Trump Promises Tax Cuts, New Spending Offset by Robust Growth

Donald Trump unveiled revamped plans to cut income taxes, while arguing he would stir significantly stronger economic growth to offset both decreased revenues and new spending.

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

Fiat Chrysler Recalls 1.9 Million Vehicles Globally

Fiat Chrysler Automobiles recalled 1.9 million vehicles world-wide for possible air-bag and seal-belt failures linked to at least three deaths and five injuries.

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

Lawmakers Probe Tax Incentives Received by Solar-Energy Firms

Congressional lawmakers have launched a formal investigation into whether solar-energy companies improperly received billions of dollars in tax incentives from the Obama administration.

from WSJ.com: US Business http://ift.tt/2cRGMZ2
via IFTTT