Elliott Launches Fight for Board Seats at Arconic

Elliott Management Corp. launched a campaign Tuesday to shake up the board of Arconic Inc. and oust Chief Executive Klaus Kleinfeld, three months after he separated the aerospace and automotive-parts maker from aluminum giant Alcoa.

from WSJ.com: US Business http://ift.tt/2kSopX0
via IFTTT

Restoration Hardware Sues Crate & Barrel Over Trade Secrets

Restoration Hardware has filed a lawsuit against Crate and Barrel, accusing the rival furnishing retailer of stealing trade secrets and luring away executives.

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

Amazon.com Plans First Air Cargo Hub

Amazon.com Inc. said Tuesday it plans to build its first air cargo hub to accommodate its growing fleet of planes, signaling the company is ramping up its expansion into transporting, sorting and delivering its own packages.

from WSJ.com: US Business http://ift.tt/2kS483R
via IFTTT

Dow Jones to Cut Jobs Amid Overseas Reorganization

Dow Jones & Co., the parent company of The Wall Street Journal, is reorganizing some international operations to further reduce costs, moves that will result in the layoffs of dozens of Journal news staffers.

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

UAW Stance Against Immigration Order Gets Mixed Reviews

The UAW stance against Donald Trump’s immigration order was met with mixed reviews on social media, reflecting the slippery slope union leaders navigate as they respond to a president who found support among the Rust Belt’s rank-and-file during November’s election.

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

Measures of Inflation Tick Up Around the Globe

After years of fighting against deflation, the U.S., the eurozone and Japan show glimmerings of life in consumer prices, evidence that an era of exceptionally low inflation is receding from the global economic landscape.

from WSJ.com: US Business http://ift.tt/2kdZ0ba
via IFTTT

IPhone Sales Bolster Apple's Revenue

Apple said demand for its iPhone 7 helped deliver record revenue, ending three consecutive quarters of declines, but the new device failed to lift profitability as margins came under pressure.

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

Aetna Profit Slides, but Beats Forecasts

Aetna reported earnings that beat analysts’ expectations a week after a federal judge blocked its proposed merger with Humana. Net income dropped sharply in the fourth quarter, hurt by restructuring costs, though revenue rose.

from WSJ.com: US Business http://ift.tt/2js3pKv
via IFTTT

Toshiba to Exit Nuclear Construction Business

Toshiba plans to stop building nuclear power plants after incurring billions of dollars in losses trying to complete projects in the U.S., a move that could have widespread ramifications for the future of the nuclear-power industry.

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

Energy Projects in Limbo After FERC Vacancy

The fates of several gas pipelines and at least two big electric utility mergers have been thrown into question in the wake of a high level resignation at the Federal Energy Regulatory Commission.

from WSJ.com: US Business http://ift.tt/2kMlu3c
via IFTTT

After Promotions, Managers Must Learn to Shift Gears

Business leaders increasingly are struggling to shift into a new mind-set after they are promoted from specialized roles to general-manager positions. At least six top-tier business schools have added executive-education programs to guide them through the transition.

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

U.S. Consumer Confidence Fell in January

Americans grew less optimistic about the economy in January, in a sign that the postelection bump could be waning.

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

Super Bowl Ad to Kick Off Hiring Spree

84 Lumber is betting that its commercial during the Super Bowl will help the Pittsburgh-area building-materials retailer introduce itself to potential job seekers and eventually fill 400 management trainee positions.

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

Apple Earnings: What to Watch

Apple is scheduled to report results for its fiscal first quarter after the market closes on Tuesday. The company is leaning on iPhone 7 sales for a return to revenue growth.

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

Caterpillar to Move Global Headquarters to Chicago

Caterpillar Inc. said it would move its global headquarters to Chicago from its longtime Peoria, Ill., home, becoming the latest Midwestern company to migrate to a larger city.

from WSJ.com: US Business http://ift.tt/2jz0DhY
via IFTTT

Signet Jewelers Creates New Chief Customer Officer Position

Signet Jewelers has created a new chief customer officer position and made other management changes as it works to drive growth and regain consumer confidence.

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

Home Price Growth Shows No Signs of Slowing in November

Home prices climbed strongly in November, as price growth showed no signs of slowing even after mortgage rates began to tick up during the month.

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

Hennes & Mauritz Rolls Back on New Store Openings

Hennes & Mauritz said it was abandoning its target of opening 10% to 15% more physical stores each year—a blistering pace that turned it into one of the world’s largest clothing retailers—and instead targeting local-market sales growth both online and off.

from WSJ.com: US Business http://ift.tt/2kmYcn3
via IFTTT

UPS Revenue Rises, but Earnings Forecast Underwhelms

United Parcel Service Inc. said its fourth-quarter sales rose, driven by an uptick in e-commerce deliveries over the holiday season, but lower margins in that business also hurt its bottom line.

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

Trump's Criticism of Imports Adds to Drugmakers' Headaches

The U.S. pharmaceutical industry is under pressure from the White House to produce more at home, adding to the heat it has felt over drug prices.

from WSJ.com: US Business http://ift.tt/2kLHs67
via IFTTT

Exxon Profit Tumbles on Charge; Revenue Rises

Exxon Mobil reported a 40% decline in profit in the final quarter of the year as the oil and gas giant booked a hefty charge, though revenue ticked up for the first time after nine straight quarterly declines.

from WSJ.com: US Business http://ift.tt/2jQ5jDv
via IFTTT

Under Armour Shares Slide as Profit Declines

Shares of Under Armour slid as the company posted an unexpected decline in quarterly profit and issued a disappointing sales forecast for 2017.

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

Pfizer Revenue Falls

Pfizer Inc. on Tuesday said revenue declined in its latest quarter, and the company gave an outlook for full-year revenue below Wall Street’s expectations.

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

Coach Earnings Rise, but Sales Forecast Eases

Coach Inc. said earnings and revenue rose in the most recent quarter as the retailer pulled back from its struggling North American wholesale business.

from WSJ.com: US Business http://ift.tt/2jR6aRJ
via IFTTT

Airline Anger Over Trump Travel Restrictions Grows

The union representing U.S. flight attendants has criticized President Donald Trump’s new travel restrictions on seven countries hours after the world’s largest airline lobby group also voiced misgivings with Friday’s executive action.

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

Shell to Sell U.K. North Sea Oil Fields for $3.8 Billion

Royal Dutch Shell is selling much of its British North Sea oil operations to a private-equity backed company for up to $3.8 billion, an important milestone in the oil giant’s move to offload $30 billion in assets.

from WSJ.com: US Business http://ift.tt/2jQxgs5
via IFTTT

Weak Yen Buoys Nintendo Profit

Nintendo reported a boost in net profit compared with a year ago as a weak yen propped up the company’s bottom line even as revenue declined because of a pause in its videogame-console business.

from WSJ.com: US Business http://ift.tt/2jPjLM1
via IFTTT

A Job-Hopping Generation Has Second Thoughts

An undercurrent of pessimism may be contributing to millennials’ growing reluctance to leave their jobs, a survey finds. The share of young professionals who said they expect to remain at their current job for more than five years increased 4 percentage points, from 27% to 31%.

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

Adelson Pulls Out of Las Vegas Stadium Plan

Casino magnate Sheldon Adelson said he has pulled out of a plan to invest $650 million in a Las Vegas stadium intended to house the NFL’s Oakland Raiders.

from WSJ.com: US Business http://ift.tt/2jpT5Tv
via IFTTT

Wal-Mart to Scrap Its Amazon Prime Rival

Wal-Mart is abandoning its effort to create a free shipping program designed to compete with Amazon.com’s Prime membership program. The service, called ShippingPass, offered free two-day shipping for customers that paid the $49 annual fee.

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

Starbucks Unveils Voice Ordering for iPhone App, Amazon's Alexa

Starbucks Corp. announced two forms of voice ordering on Monday, on iPhones and on the talking speakers featuring Amazon.com’s Alexa assistant.

from WSJ.com: US Business http://ift.tt/2kl9WpC
via IFTTT

Trump Vows Regulatory Rollback

The Trump administration’s ambitious regulatory rollback, billed as the biggest action since the Reagan era to cut federal red tape, could have far-reaching impacts on businesses and the economy.

from WSJ.com: US Business http://ift.tt/2kM8rBZ
via IFTTT

Corporate Criticism of Trump's Travel Ban Moves Beyond Tech

Criticism of President Trump’s immigration order moved beyond Silicon Valley on Monday, with the heads of business giants including Ford, Coca-Cola and Goldman Sachs weighing in on travel restrictions.

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

Coca-Cola CEO Muhtar Kent Criticizes U.S. Travel Ban

Coca-Cola Co.’s Muhtar Kent joined the ranks of U.S. chief executives speaking out Monday against President Donald Trump’s executive order restricting immigration from seven Muslim-majority countries.

from WSJ.com: US Business http://ift.tt/2joeH2v
via IFTTT

Starbucks' Pledge to Hire Refugees Meets Boycott Threat

Starbucks Corp. is facing threats of a boycott from some customers after Chairman and Chief Executive Howard Schultz promised to hire 10,000 refugees globally over the next five years.

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

Federal Trade Commission Questions Mylan on EpiPen

Mylan said it received a “preliminary” inquiry from the Federal Trade Commission asking about the company’s commercial practices for its EpiPen severe-allergy treatments.

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

SoftBank Mulls Investment of Over $1 Billion in WeWork

SoftBank Group Corp. is weighing an investment of well over $1 billion in shared-office space company WeWork Cos., in what could be among the first deals from its new $100 billion technology fund, according to people familiar with the matter.

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

Amazon Is Working With Lawmakers to Counter Trump's Immigration Order

Amazon Chief Executive Jeff Bezos said the e-commerce giant is working with lawmakers and state officials to explore legal options to counter President Donald Trump’s executive order on immigration.

from WSJ.com: US Business http://ift.tt/2kHMUa6
via IFTTT

Frontline Makes Hostile Bid for Rival DHT

Norwegian shipping company Frontline Ltd. launched a $475 million takeover bid for rival DHT Holdings Ltd., seeking to expand its fleet of supersize oil tankers at a time that the industry is battling low rates.

from WSJ.com: US Business http://ift.tt/2kLy5qg
via IFTTT

Facebook Aims to Be More Essential With Password Recovery Tool

Facebook is unveiling new technology to let its 1.79 billion users reset passwords for other websites using its platform, an effort to further entrench the social network in people’s digital lives.

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

Why Executives Are Speaking Out on Travel Ban and Why More Might Follow

President Trump’s immigration order has mostly drawn criticism from companies with employees directly affected, but others may join them as they see international reputations threatened.

from WSJ.com: US Business http://ift.tt/2kGUF06
via IFTTT

Investors Press Arconic to Oust CEO

Several of Arconic Inc.’s biggest shareholders are pressing the company to oust of Chief Executive Klaus Kleinfeld, less than three months after he separated the parts maker from aluminum giant Alcoa Inc.

from WSJ.com: US Business http://ift.tt/2k9z0Oh
via IFTTT

Facebook Is Trying Everything to Re-Enter China---and It's Not Working

Since regulators blocked the service in 2009, CEO Mark Zuckerberg has hired well-connected executives, developed censorship tools and taken a “smog jog” in Beijing—but the company has made no visible headway.

from WSJ.com: US Business http://ift.tt/2jn1sPG
via IFTTT

Robot Baristas Serve Up the Future of Coffee at Cafe X

Automation is eliminating jobs for factory workers and Uber drivers—will your morning fix soon come from a precision caffeine machine?

from WSJ.com: US Business http://ift.tt/2k9yYWF
via IFTTT

GM-Honda Joint Venture to Make Fuel Cells in Michigan

General Motors and Honda Motor have formed a joint venture to build fuel cells for use in future vehicles, the latest auto makers to forge ahead on the pricey, emissions-free technology despite barriers to commercial success.

from WSJ.com: US Business http://ift.tt/2jn55oO
via IFTTT

Snap Inc. Plans to List Shares on the NYSE

Snap Inc. plans to list its highly anticipated initial public offering on the New York Stock Exchange, in a big competitive victory for the Big Board.

from WSJ.com: US Business http://ift.tt/2k9s9Ew
via IFTTT

Fitbit Warns of Revenue and Profit Misses, Will Cut Jobs

Fitbit Inc. braced investors for a sharp miss on its fourth-quarter revenue and said it would cut 6% of its workforce, signs that the wearables market continues to slow.

from WSJ.com: US Business http://ift.tt/2kjrAu5
via IFTTT

Walgreens, Rite Aid Shave $2 Billion Off of Deal Price

Walgreens Boots Alliance and Rite Aid agreed to reduce the amount Walgreens would pay for its rival by at least $2 billion, after they struggled to get antitrust enforcers to bless the big drugstore deal.

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

Tempur Sealy Shares Drop 27% After Mattress Firm Says It Will Terminate Contracts

Shares of mattress maker Tempur Sealy International plunged 29% after it said its contracts with its biggest retailer, Mattress Firm, would be terminated.

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

Delta Air Lines Canceled More Flights Monday

Delta Air Lines said that its operations were recovering following an outage on Sunday, but it scrubbed 110 flights Monday and warned that further cancellations are possible.

from WSJ.com: US Business http://ift.tt/2jKGfO7
via IFTTT

General Electric's Novel Tax Deal Could Lead the Way

General Electric’s agreement to move most of its in-house tax staff to an accounting firm is the first of its kind, and more than a dozen other Fortune 100 companies have expressed interest in the unusual outsourcing-like arrangement.

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

With Pen Plan, China Etches Nationalist Economic Policy

China achieves ability to mass produce ballpoint-pen nibs, allowing it to start mass manufacturing whole pens without any imports—a point of pride.

from WSJ.com: US Business http://ift.tt/2jmu2QX
via IFTTT

U.S. Consumer Inflation Climbed in December

The Federal Reserve’s preferred measure of inflation rose last month to the strongest reading in more than two years, providing fresh evidence of firming prices a day before policy makers meet to discuss the path of interest rates this year.

from WSJ.com: US Business http://ift.tt/2kK94fp
via IFTTT

Sony to Write Down Nearly $1 Billion on Movie Business

Sony said it would write down nearly $1 billion on its Hollywood movie business, mainly due to the shrinking market for packaged software such as DVDs.

from WSJ.com: US Business http://ift.tt/2kiLZQ9
via IFTTT

Which Is Better in Class: Teacher or Machine?

‘Edtech’ is attracting investors, but some parents prefer traditional teaching methods.

from WSJ.com: US Business http://ift.tt/2kiFKf4
via IFTTT

Joanna Coles Strives for Relevance at Hearst Magazines

Joanna Coles is pushing the boundaries at Cosmo parent Hearst Magazines to keep it relevant. As the company’s chief content officer, she has forged ties with tech companies like Snap and Airbnb, has experimented with TV and has taken an active role in advertising efforts.

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

Toyota Loses Global-Sales Title to Volkswagen

Toyota gave up its title as world’s largest car marker by vehicle sales—held since 2012—as its global total of 10.2 million last year fell short of Volkswagen’s 10.3 million. GM, No. 3 in 2015, has yet to report.

from WSJ.com: US Business http://ift.tt/2jJ7SHf
via IFTTT

Vodafone in Talks to Merge Indian Unit With Idea Cellular

Vodafone said it is in talks to merge its Indian unit with the country’s third-largest mobile operator, Idea Cellular, as the British company battles tough competition in one of its biggest markets.

from WSJ.com: US Business http://ift.tt/2jJ8wEw
via IFTTT

China's Jetliner Dream Built With U.S., European Parts

A Chinese prototype jetliner is set to make its maiden flight early this year, in what the country hopes to be a big step toward realizing its ambition to rival Boeing and Airbus in commercial aviation’s big-leagues.

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

Fantasy Sports Site DraftKings Says It Will Operate in Much of EU

Fantasy-sports company DraftKings Inc., which has faced a series of legal and regulatory challenges in the U.S., said it has received a license that will allow it to operate in much of the European Union.

from WSJ.com: US Business http://ift.tt/2jJ6LHw
via IFTTT

Trump Country Might Suffer More in a Trade War, Study Says

Should the U.S. get embroiled in a trade war, communities that voted for Donald Trump are likely to take a bigger hit than those that voted for Hillary Clinton, according to a study by the Brookings Institution.

from WSJ.com: US Business http://ift.tt/2k7zbK2
via IFTTT

CSX, Rail Veteran in Settlement Talks

CSX is discussing a settlement with Hunter Harrison and the activist investor backing him that could make the railroad-industry veteran its chief executive.

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

Trump's Tax Plan Could Preserve Millions in Savings for His Businesses

Unlike changes proposed by congressional Republicans, the president’s plan would maintain companies’ ability to lower tax liability by taking on debt.

from WSJ.com: US Business http://ift.tt/2kIDz5s
via IFTTT

For Apple's iPhone Sales, Size Matters

At a generally gloomy time for sales of Apple’s flagship iPhone, there’s a silver lining: Customers are willing to pay more for better features.

from WSJ.com: US Business http://ift.tt/2k7ln1W
via IFTTT

Delta Flights Hit By IT Problems

Delta Air Lines on Sunday evening suffered a computer systems problem that forced the number two U.S. airline to request a freeze on domestic flight departures.

from WSJ.com: US Business http://ift.tt/2kDAqR4
via IFTTT

Trump Nominee McMahon on Small Business

Highlights of testimony from Linda McMahon, tapped to head the Small Business Administration, before a Senate panel.

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

What We Know About Border Adjustment and How It Would Work

House Republicans are proposing a border adjustment as part of a major rewrite of the U.S. business tax system. Here are answers to some common questions.

from WSJ.com: US Business http://ift.tt/2jke2yX
via IFTTT

IKEA's 'Open Source' Sofa Invites Customization

As more people modify IKEA furniture for other uses, the Swedish company plans to roll out soon what it calls its first “open source” sofa—designed to be customized.

from WSJ.com: US Business http://ift.tt/2k6xwEm
via IFTTT

Global Economy Week Ahead: Fed and Bank of England Meetings, U.S. Jobs Report

The week brings a full slate of economic data on the U.S. and Europe. In the U.S., the highlight will be the release of the first jobs report under President Donald Trump, who has criticized how the Labor Department calculates the unemployment rate.

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

Fed Grapples With Massive Portfolio

While Federal Reserve officials ponder when to raise short-term interest rates again, they are beginning to wrestle with another big policy decision—whether this is the year to start shrinking their immense portfolio of mortgage and Treasury securities.

from WSJ.com: US Business http://ift.tt/2kgT0Ra
via IFTTT

Airlines Forced to Adjust Staffing Following U.S. Refugee Ban

Airlines and airports scrambled over the weekend to respond to an executive order that suspended entry into the U.S. for citizens of seven predominantly Muslim countries, while businesses in the Middle East braced for the ban’s impact.

from WSJ.com: US Business http://ift.tt/2jKSJD3
via IFTTT

Small Businesses Uneasy Over Border-Adjustment Tax Plan

A proposed overhaul of the U.S. tax code favored by Republicans in the House of Representatives is drawing fire from small-business owners who sell everything from toys to materials used in kitchen cabinets.

from WSJ.com: US Business http://ift.tt/2jFT3oM
via IFTTT

Why Your Business Should Ditch Cash

Crime reduction is a key driver in the shift to a cashless economy, but tech is enabling more firms, big and small, to make the jump.

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

Silicon Valley Executives Criticize U.S. Travel Restrictions

Leaders from across the technology industry expressed concern about the effect of President Donald Trump’s immigration order on foreign nationals from seven Muslim-majority countries on their employees, with some executives saying the ban violated their personal and company principles.

from WSJ.com: US Business http://ift.tt/2jF8bmv
via IFTTT

Oil Firms Plot Divergent Spending Paths

While shale oil drillers are boldly raising annual budgets to come roaring back in Texas, New Mexico and North Dakota, international oil giants are planning to hold back spending, charting a cautious path to recovery.

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

Ijiri Explored Accounting's Foundations and Charted New Directions

As a professor at Carnegie Mellon, Yuji Ijiri became one of the most celebrated philosophers of accounting, illuminating its underlying logic and defending its traditions, while exploring new frontiers. Dr. Ijiri died Jan. 18 at 81.

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

Immigration Rules to Exacerbate Home Builders' Labor Shortfall

The U.S. home-building industry, which relies heavily on immigrant labor, could face significant challenges under stricter immigration enforcement rules outlined during President Donald Trump’s first week in office.

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

Google Criticizes Impact on Staff of Trump Immigration Order

Google’s chief executive criticized President Donald Trump’s immigration order in an email to staff, saying the U.S. ban on foreign nationals from seven countries affects at least 187 Google employees.

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

New Hotbed for Tech Startups: Europe

Europe’s entrepreneurs used to head for Silicon Valley; now, the money and opportunities are closer to home.

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

Weak Peso Means Strong Business for Payment Providers

Cross-border payment providers are proving resilient despite increased trade tensions between U.S. and Mexico.

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

American Airlines Optimistic About 2017

American Airlines beat Wall Street forecasts on its fourth-quarter revenue and profit excluding items but it posted a big decline in net income as a result of year-ago non-cash tax benefit.

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

Big China Deals Stall on Capital Clampdown

The pace of big Chinese takeovers abroad is slowing as buyers contend with rules tightening the flow of money out of the country and increased government scrutiny at home and overseas.

from WSJ.com: US Business http://ift.tt/2kvB8zu
via IFTTT

Some Rare Good News for Small Businesses Paying Health Benefits

Small businesses can once again use pretax funds to reimburse workers for health-care costs, especially premiums for individual and family coverage.

from WSJ.com: US Business http://ift.tt/2kd1poX
via IFTTT

EU Slaps New Tariffs on China, Taiwan Steel Imports

The EU imposed tariffs on two steel products originating from China and Taiwan on Friday.

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

How the Defense Industry Is Dealing With Trump

Executives are realizing that President Trump’s personal interest in defense projects is changing the rules of engagement.

from WSJ.com: US Business http://ift.tt/2kCFN6c
via IFTTT

Obstacles Remain in Talks to Settle Wal-Mart Bribery Probe

A sticking point in the retailer’s efforts to end the federal investigation into foreign bribes is its future eligibility to accept food stamps in the U.S.

from WSJ.com: US Business http://ift.tt/2kCd39I
via IFTTT

General Motors to Lay Off up to 600 Workers at Ontario Plant

General Motors Co. plans to lay off up to 600 workers at a southwestern Ontario plant as production for its older Chevrolet Equinox sport-utility vehicle winds down and production of a new SUV model is being moved in Mexico.

from WSJ.com: US Business http://ift.tt/2kCxIP1
via IFTTT

Nigeria Court Orders Transfer of Shell and Eni Oil Block

A Nigerian court has ordered Royal Dutch Shell PLC and Eni SpA to give up control of a large offshore oil block amid an investigation into their acquisition of the asset for over $1 billion, Nigerian authorities said.

from WSJ.com: US Business http://ift.tt/2kChC3B
via IFTTT

On Globalization, China and the U.S. Are Closer Than They Appear

Xi Jinping went to Davos this month to praise globalization, while Donald Trump arrived in Washington to bury it. Yet the superficial contrast between their speeches is deceptive, Greg Ip writes.

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

Consumer Sentiment Notches New Decade-Long High

A gauge of consumer sentiment grew in January, reaching its highest level in more than a decade, a sign of continued confidence in the economy after the election of Donald Trump.

from WSJ.com: US Business http://ift.tt/2ktd8gq
via IFTTT

U.S. Durable-Goods Orders Fall Due to Big Drop in Defense Category

Demand for long-lasting manufactured goods declined in December, a reflection of a large drop in defense-related orders and only modest demand for other products.

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

U.S. GDP Grew 1.9% in Fourth Quarter

The U.S. economy decelerated in the final three months of 2016, returning to the familiar pace of growth that has marked the long but lackluster postrecession expansion.

from WSJ.com: US Business http://ift.tt/2kt48rN
via IFTTT

Merck Reveals Details on U.S. Drug-Pricing Practices

The average list-price increase across Merck’s brand-name drugs and vaccines ranged from 7.4% in 2010 to a peak of 10.5% in 2014, although the company did offer discounts.

from WSJ.com: US Business http://ift.tt/2jwXaU3
via IFTTT

Colgate-Palmolive Sales Slump Amid Forex Pressure

Colgate-Palmolive Co. posted a bigger-than-expected decline in sales in the final quarter of the year as the consumer products giant said it contended with worsening foreign exchange challenges that continue to pressure the top line.

from WSJ.com: US Business http://ift.tt/2jm6CGs
via IFTTT

Honeywell Posts Organic Revenue and Profit Decline

Honeywell International posted an organic revenue decline and a smaller profit in its latest quarter as expenses rose.

from WSJ.com: US Business http://ift.tt/2jwRZ6R
via IFTTT

Volkswagen's Ex-CEO Winterkorn Probed on Suspicion of Fraud

Volkswagen’s former chief executive, Martin Winterkorn, is under investigation on suspicion of fraud in connection with the company’s diesel-emissions scandal, German prosecutors said.

from WSJ.com: US Business http://ift.tt/2jm0dLq
via IFTTT

Trump's Gamble: Luring Countries Into Trade Deals

The president is betting big that he can harness U.S. strategic and economic heft to press other countries into one-on-one trade deals, a sharp reversal from recent U.S. policy to negotiate sprawling regional agreements.

from WSJ.com: US Business http://ift.tt/2ksGxY8
via IFTTT

Nafta's Impact on U.S. Has Been Mixed

For all of the passionate political debate sparked by the North American Free Trade Agreement, most economists have concluded that the concrete impact on the U.S. economy has been modest—a small gain in growth and efficiency, and a small loss in jobs and wages for certain factory workers.

from WSJ.com: US Business http://ift.tt/2jbzB4R
via IFTTT

Fed to Align Itself With Government Hiring Freeze

The Federal Reserve said it plans to follow the rest of the government in implementing a hiring freeze ordered by the Trump administration.

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

Nesquik Cuts Back on Sugar, Hoping to Sweeten Sales

The Nesquik bunny is slimming down, and so is the chocolate drink whose package it has adorned for decades, as Nestlé works to turn around lackluster revenue growth.

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

Tesco to Buy Booker for $4.7 Billion

Tesco, the U.K.’s number one grocer by market share, has agreed to buy food wholesaler Booker for £3.7 billion ($4.66 billion).

from WSJ.com: US Business http://ift.tt/2jaP5Gh
via IFTTT

Toshiba to Spin Off Memory-Chip Unit

Toshiba will spin off its computer memory-chip unit at the end of March in an effort by the cash-strapped industrial conglomerate to raise fresh capital for the businesses that require large investments.

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

Publicis Names Creative Head to Replace CEO Lévy

Publicis Groupe tapped Arthur Sadoun, the advertising giant’s 45-year-old creative chief, to replace longtime Chief Executive Maurice Lévy, part of a succession plan to steady a firm buffeted by massive changes in consumer behavior and technology.

from WSJ.com: US Business http://ift.tt/2jaP4SJ
via IFTTT

Southwest Airlines Stock Jumps, JetBlue Shares Decline

Southwest Airlines stocked soared Thursday after the nation’s leading discount carrier reported robust fourth-quarter profits, while JetBlue Airways saw its shares slip.

from WSJ.com: US Business http://ift.tt/2k9BQFD
via IFTTT

Alexa, Stop Making Life Miserable for Anyone With a Similar Name!

Amazon’s voice-controlled personal assistant is creating chaos for people called Alexis, Alex and Alexa. A TV sitcom tried to order milk.

from WSJ.com: US Business http://ift.tt/2k9eBLL
via IFTTT

PayPal Results Climb on Increased Customers, Transactions

A rise in the share of holiday shopping that happened over the internet and mobile phones helped push PayPal’s fourth-quarter revenue up 17%, executives said Thursday.

from WSJ.com: US Business http://ift.tt/2kyMS7K
via IFTTT

Third Time May Be the Charm for Keystone Pipeline

Two days after President Donald Trump called for an expedited review of the project, and for the third time since 2008, Keystone developer TransCanada Corp. has applied for a permit from the State Department for the contentious pipeline project.

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

Walgreens-Rite Aid Deal Still in FTC Review

Walgreens Boots Alliance’s chief executive said the drugstore giant continues to discuss its proposed takeover of rival Rite Aid with antitrust regulators, who have been reviewing the combination for about 15 months.

from WSJ.com: US Business http://ift.tt/2k92xdq
via IFTTT

Starbucks Tempers Revenue Forecast

Starbucks Corp. lowered its revenue forecast for the year while posting revenue for the latest quarter below expectations. It did back its guidance for earnings and comparable sales improvement.

from WSJ.com: US Business http://ift.tt/2k70aHD
via IFTTT

Wal-Mart to Adjust Policies on Employee Pay Increases

Two years after raising minimum wages for store employees to $9 per hour, Wal-Mart Stores Inc. is changing how it hands out pay increases and trains store employees.

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

Conde Nast Restructures Ad Sales Workforce

Magazine publisher Conde Nast is restructuring its advertising sales workforce, adding new teams to focus specifically on major industry categories.

from WSJ.com: US Business http://ift.tt/2j9AN8D
via IFTTT

Records Show Poor Communication May Have Led to Amtrak Accident

A botched handoff between two foremen and a train dispatcher likely doomed two Amtrak workers who were killed by a train on a stretch of track near Philadelphia last year, according to new records released Thursday.

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

U.S. Auto Workers' Bonuses Surge as Companies Post Gains

Workers at domestic car factories are reaping the benefits of America’s increasing demand for high-margin pickups and sport-utility vehicles, with union employees expected to take home among the biggest bonus checks ever.

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

White House Plans to Use Tax on Mexican Imports to Pay for Border Wall

The White House says it will pay for a wall on the U.S.-Mexico border by taxing imports as part of a broader tax code overhaul, effectively endorsing an idea President Donald Trump criticized two weeks ago.

from WSJ.com: US Business http://ift.tt/2k6JZKr
via IFTTT

Google Parent Alphabet Reports Jump in Earnings

Google parent Alphabet reported an 8.3% increase in fourth-quarter profit, largely driven by the sustained shift to mobile, but it still fell short of analysts’ expectations. Shares fall in after-hours trading.

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

Microsoft's Profit Rises, Buoyed by Online Business

Microsoft posted gains in its web-based, on-demand computing business, emerging as a stiffer competitor to Amazon.com Inc.’s market-leading cloud unit.

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

Tesla Sues Sterling Anderson for Improper Recruiting

Tesla Motors is accusing the former head of its Autopilot program and the former tech guru behind Google’s self-driving car of improperly recruiting the auto maker’s engineers to create their own autonomous-car startup.

from WSJ.com: US Business http://ift.tt/2j9gLex
via IFTTT

Intel Posts Stronger-Than-Expected Results

Intel’s fourth-quarter profit slipped 1.4%, despite robust sales of chips that drive the computers underpinning large internet providers and corporate operations, while sales of chips for PCs also rose.

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

Facebook Lets You Lock Down Your Account With Physical Security Keys

Dongles, sold separately, provide an alternate way to use two-factor authentication, aka Login Approvals.

from WSJ.com: US Business http://ift.tt/2j9rC88
via IFTTT

Share of U.S. Workers in Unions Falls to Lowest Level on Record

The share of American workers in unions fell to the lowest level on record in 2016, showing a return to the downward trend for organized labor after membership figures had stabilized in recent years.

from WSJ.com: US Business http://ift.tt/2ju6GY1
via IFTTT

Gloom Descends on Mexico's Nafta Capital

President Trump’s threat to renegotiate Nafta and build a wall has created deep anxiety in Monterrey, a northern Mexico industrial hub where foreign investment has lifted tens of thousands of workers into the middle class and made mighty industrialist families even richer.

from WSJ.com: US Business http://ift.tt/2koFhW7
via IFTTT

Caterpillar Revenue Continues to Skid

Caterpillar trimmed its sales outlook for this year and said revenue slid in 2016 for the fourth year in a row, evidence a prolonged slump in mining and construction is still unfolding.

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

Details Emerge About Jeffrey Katzenberg's New-Media Venture

A regulatory filing shows longtime Hollywood executive Jeffrey Katzenberg has raised nearly $600 million to invest in digital and technology ventures.

from WSJ.com: US Business http://ift.tt/2k7W9Da
via IFTTT

U.S. New Home Sales Fell 10.4% in December

Sales of newly built single-family homes in the U.S. fell 10.4% from November to a seasonally adjusted annual rate of 536,000 in December, the Commerce Department said.

from WSJ.com: US Business http://ift.tt/2knYK9p
via IFTTT

Bristol-Myers Squibb Cuts Guidance on Cancer Drug Problems

Bristol-Myers Squibb Co. slashed its guidance for the year as the drugmaker contends with dimmed prospects for its top cancer drug after major setbacks during the final quarter of the year.

from WSJ.com: US Business http://ift.tt/2knDpN8
via IFTTT

Google Parent Alphabet Earnings: What to Watch

Google parent Alphabet Inc. is scheduled to announce fourth-quarter earnings after the market closes Thursday. Here’s what you need to know.

from WSJ.com: US Business http://ift.tt/2k55iff
via IFTTT

Verizon Is Weighing a Combination With Cable Firm Charter

Verizon Communications is exploring a combination with Charter Communications that would unite two giants in search of growth in a rapidly consolidating media and telecom landscape.

from WSJ.com: US Business http://ift.tt/2k7ketY
via IFTTT

Former Employee Wins Legal Feud to Open Up Startup's Books

A former manager at privately held Domo Inc. has prevailed in a legal fight to obtain financial records from the company, affirming the rights of startup investors and employee shareholders.

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

U.S. Jobless Claims Rise

The number of Americans applying for unemployment benefits rose last week but remained at a historically low level consistent with a healthy U.S. labor market.

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

Saudi Aramco Hires Firm to Assess Oil Reserves Before IPO

Saudi Aramco has hired an energy consultancy to assess its reserves of crude oil, people familiar with the matter said, opening a window onto a closely guarded secret ahead of its initial public offering.

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

Ford Swings to $800 Million Loss

Ford swung to a net loss of $800 million in the fourth quarter, as special charges related to its pension plans and the cancellation of a plant in Mexico overshadowed strong operating results in North America and improving profitability in Europe.

from WSJ.com: US Business http://ift.tt/2k4p4HL
via IFTTT

Latest Bout of Bird Flu Threatens U.S. Poultry Flocks

Avian flu is spreading rapidly across Europe and Asia, roiling the global poultry industry as farmers destroy millions of infected birds. Researchers fear wild migratory birds could bring the new strains to the U.S.

from WSJ.com: US Business http://ift.tt/2jAAq3m
via IFTTT

Comcast Profit Tops Expectations

Comcast reported better-than-expected results and added cable TV customers in the fourth quarter, culminating a strong year in which it added net video customers for the first time in a decade.

from WSJ.com: US Business http://ift.tt/2k4b4O8
via IFTTT

Diageo Profit Rises as U.S. Spirit Sales Climb

Diageo PLC reported higher half-year profit as the world’s largest spirits maker logged broad-based growth across all major regions, including the U.S.

from WSJ.com: US Business http://ift.tt/2jAE79h
via IFTTT

China Seeks to Calm U.S. Over Its Semiconductor Ambitions

Amid escalating tensions, China’s technology ministry is playing down China’s semiconductor ambitions and contending that U.S. concerns over the issue are overblown.

from WSJ.com: US Business http://ift.tt/2k47kME
via IFTTT

Unilever Flags Tough Conditions as Revenue Declines

Unilever disappointed investors, warning of a difficult start to the year while reporting lower sales for 2016, driven by volatile currencies combined with a slowdown in its refreshments and home-care arms.

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

American Cars in Japan: Lost in Translation

One thing hasn’t changed since the 1980s when Donald Trump started criticizing Japan over trade: Japanese consumers still buy hardly any American cars.

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

Johnson & Johnson to Acquire Actelion in $30 Billion Deal

U.S. pharmaceutical company Johnson & Johnson has agreed to acquire Actelion Pharmaceuticals, Europe’s biggest biotech company, for $30 billion, the companies said.

from WSJ.com: US Business http://ift.tt/2jzT4sb
via IFTTT

Hugo Barra to Lead Virtual Reality Efforts at Facebook

Technology veteran Hugo Barra will join Facebook to run its virtual-reality efforts, after leaving Chinese smartphone maker Xiaomi earlier this week.

from WSJ.com: US Business http://ift.tt/2jzlB0U
via IFTTT

Qualcomm's Quarter Overshadowed by International Challenges

A South Korean government fine overshadowed improved operating performance for Qualcomm Inc. in the latest quarter, underscoring concerns the most profitable part of the chip company’s business is at risk from international legal assaults by regulators and customers.

from WSJ.com: US Business http://ift.tt/2k63fIx
via IFTTT

Whole Foods to Close All Three Regional Kitchens

Whole Foods Market Inc. is closing its three commercial kitchens, where it makes ready-to-eat meals for stores, including one location which received a regulatory warning about food safety violations last year.

from WSJ.com: US Business http://ift.tt/2k5Byzf
via IFTTT

Caterpillar Earnings: What to Watch

Caterpillar is due to report fourth-quarter earnings before the stock market opens on Thursday.

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

As Trump Orders Wall, Questions Rise Over Who Will Build It

Shares in some construction, infrastructure and heavy-equipment companies rose on Wednesday as investors weighed which firms stood to benefit from President Trump’s proposal to build a wall along the Mexican border.

from WSJ.com: US Business http://ift.tt/2k5kfyB
via IFTTT

German Business Expectations Fall as Protectionism Fears Grow

German business expectations posted their sharpest monthly drop in almost a year in January, adding to signs that European companies are concerned about the outlook following Donald Trump’s protectionist rhetoric and the Brexit vote.

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

BP Warns Battle for Oil Market Share Could Return

The world’s appetite for oil will slacken in the coming decades, but petroleum supplies will remain abundant, BP said, highlighting the possibility that big producers will renew their fight for market share.

from WSJ.com: US Business http://ift.tt/2j6dFI7
via IFTTT

EBay's Revenue Grows Again

EBay said revenue grew 3.1%, a fourth straight quarter of sales gains as a strong holiday season and a revamp of the company’s website appear to be paying off.

from WSJ.com: US Business http://ift.tt/2kl5nt5
via IFTTT

Mattel Shares Tumble After Reporting Weak Holiday Sales

Mattel reported a sharp drop in profit and sales during its critical fourth quarter, as weak demand for toys during the holiday season forced the company to resort to discounting to move unsold merchandise from store shelves.

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

Norfolk Southern Profit Rises

Norfolk Southern posted a decline in revenue but notched higher profit in its fourth quarter as the railway operator continued to cut costs.

from WSJ.com: US Business http://ift.tt/2j679S0
via IFTTT

Apple Sues Qualcomm in China

Apple said it filed two lawsuits against Qualcomm in China, extending its legal battle with its longtime chip supplier into the world’s biggest market for smartphones.

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

AT&T Revenue Declines

AT&T posted a revenue decline in the final quarter of the year as it continued to lose phone subscribers.

from WSJ.com: US Business http://ift.tt/2j62iQM
via IFTTT

The Fragile Economic Foundation of Dow 20000

The hunger for shares that carried the Dow Jones Industrial Average over the 20000 mark suggests that, paradoxically, investors have concluded that the world is getting less risky, not more, Greg Ip writes.

from WSJ.com: US Business http://ift.tt/2kkDxx6
via IFTTT

German Auto Industry Group Rejects Trump's Talk of Unfair Trade

The German auto industry is pushing back against accusations from U.S. President Donald Trump that the automotive trade is unfairly tipped in Germany’s favor.

from WSJ.com: US Business http://ift.tt/2j5B0JZ
via IFTTT

Facebook Moves to Curb Fake News in 'Trending Topics'

Facebook is overhauling its “trending topics” box, part of its effort to curb fake news and expose users to a broader range of information.

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

WeChat Rides QR-Code Wave

WeChat has helped reshape China’s mobile internet by promoting widespread adoption of the square QR code for payments, writes Li Yuan.

from WSJ.com: US Business http://ift.tt/2j5KV2v
via IFTTT

U.S. Health Care by the Numbers

As Congress looks to shake up the U.S. health-insurance system, it’s worth taking a look at what lawmakers are up against: an expensive health-care network that doesn’t deliver the best results.

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

Luxury Brands See Turnaround Continuing

An accelerating turnaround in the luxury industry, receding security fears in Europe and potential U.S. tax cuts for the wealthy are raising expectations for strong year-end earnings in the sector.

from WSJ.com: US Business http://ift.tt/2jpZ4Ga
via IFTTT

Korea Extends Aid Package to Hyundai Merchant Marine

The Korean government moved to bolster Hyundai Merchant Marine Co. with a $660 million rescue package, shortly after similar state action by Taiwan to help its own ailing carriers.

from WSJ.com: US Business http://ift.tt/2jq28C1
via IFTTT

RT Channel's Unique Carriage Deals Make It Difficult to Drop in U.S.

The Kremlin-financed RT television channel, thrust into the spotlight by a U.S. intelligence report, has carriage deals in the U.S. that largely protect it from being dropped by cable and satellite operators.

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

Amazon Expands Into Ocean Freight

Amazon.com has begun handling shipment of goods by ocean, taking on a role it previously left to global freight-transportation companies and marking the retailer’s latest move to build out its delivery business.

from WSJ.com: US Business http://ift.tt/2jeZD25
via IFTTT

United Technologies Posts Flat Organic Revenue

United Technologies said organic revenue growth was flat across its segments in the fourth quarter as the company reaffirmed its guidance for the year.

from WSJ.com: US Business http://ift.tt/2jZH2ve
via IFTTT

Snickers to Air First Live Super Bowl Ad

Candy-maker Mars Inc. will shoot and air a commercial in real-time for its Snicker brand during the Super Bowl, in an effort to stand out from the pack. The spot will feature actor Adam Driver and have a western theme.

from WSJ.com: US Business http://ift.tt/2jRsj37
via IFTTT

Boeing's Quarterly Profit Climbs

Boeing reported much better-than-expected earnings in the final quarter of the year, but the plane maker offered a disappointing forecast for 2017.

from WSJ.com: US Business http://ift.tt/2jeAeG5
via IFTTT

Tribune Media CEO Peter Liguori to Step Down

Tribune Media Chief Executive Officer Peter Liguori is resigning from the broadcasting and cable programming company.

from WSJ.com: US Business http://ift.tt/2k36aBq
via IFTTT

Trump Picks Kenneth Juster for International Economics Post

The White House has tapped Kenneth Juster, a private-equity partner at Warburg Pincus and former export champion in the George W. Bush administration, to oversee President Donald Trump’s international economic policy.

from WSJ.com: US Business http://ift.tt/2jeIm9a
via IFTTT

AT&T Earnings: What to Watch

AT&T Inc. is scheduled to report financial results for the fourth quarter after the market closes on Wednesday. Here is what you need to know.

from WSJ.com: US Business http://ift.tt/2k3ehOs
via IFTTT

Conservatives Try to Shape Trump's Budget

President Donald Trump is being pulled in different directions by forces within the Republican Party and conservative circles seeking to mold his plans for government spending.

from WSJ.com: US Business http://ift.tt/2j4vxTY
via IFTTT

Trump Places Tall Order on Trade

Quitting the Trans-Pacific Partnership may be the easiest part of U.S. President Trump’s pledge to remake global trade relationships; confronting China and renegotiating Nafta will be harder.

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

Snapchat Parent Looks to Boost Ad Revenue Ahead of IPO

As Snap woos Wall Street ahead of its initial public offering, the parent of the popular messaging app is also spending plenty of time courting another constituency: advertisers on Madison Avenue.

from WSJ.com: US Business http://ift.tt/2k2PI4t
via IFTTT

Apple Said to Be Near Deal to Make Products in India

Apple is nearing a deal to manufacture its products in India, as the company seeks to boost its sales in a market that is home to more than 1.2 billion people.

from WSJ.com: US Business http://ift.tt/2ki6U2R
via IFTTT

Saudi Aramco Axes Plans for Petronas Joint Venture

Saudi Aramco has given up plans to partner Malaysia’s Petronas for an up to $20.1 billion refining and petrochemicals project, people familiar with the matter say.

from WSJ.com: US Business http://ift.tt/2ki7pdc
via IFTTT

Novartis May Spin Off Alcon

Novartis said it was considering options for its ailing eye-care business Alcon, one year into a slower-than-expected turnaround for that business.

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

Hyundai Posts Profit Drop, Warns on Business Conditions

Hyundai Motor posted its 12th straight year-over-year decline in quarterly profit on Wednesday, hurt by slowing demand in China and emerging markets, and fierce competition in the U.S. that pushed up its marketing costs.

from WSJ.com: US Business http://ift.tt/2k2amSc
via IFTTT

Cisco to Buy AppDynamics for $3.7 Billion

Cisco Systems is buying software company AppDynamics for $3.7 billion, plucking the startup from IPO registration at a big premium in an effort to bolster its software offerings to large enterprise customers.

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

Line Pivots to Profit for Year

Growth in advertising revenue helped Japanese messaging-app operator Line swing back to profit in its full-year earnings, despite its user count stalling.

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

Japan Display Joins Flexible-Screen Fight With Bendy LCD

The flexible-smartphone-screen battle, until now fought using a technology called OLED, is heating up with an entry from Apple supplier Japan Display, which says it can reduce the cost by adapting older LCD technology.

from WSJ.com: US Business http://ift.tt/2k2fwNS
via IFTTT

Go Ahead, Write a Check for Your Coffee, I've Got All Day

Despite the relentless march of electronic payments and debit cards, Americans still write 17 billion or so, infuriating everyone in line, especially baffled millennials

from WSJ.com: US Business http://ift.tt/2jX2BfS
via IFTTT

Whirlpool to Restructure Dryer Manufacturing in Europe

Whirlpool Corp. on Tuesday said a factory in the U.K. will focus on making dryers for that country and Ireland, a shift seen as a response to Britain’s vote last summer to leave the European Union.

from WSJ.com: US Business http://ift.tt/2jc4fpS
via IFTTT

Canadian National Railway Profit Rises

Canadian National Railway said its fourth-quarter profit rose as shipping volumes along several key lines improved, but revenue came in slightly below analysts’ expectations.

from WSJ.com: US Business http://ift.tt/2j2CyV3
via IFTTT

Nortel Networks Wins Approval to Distribute $7.3 Billion to Creditors

Nortel Networks Corp. won approval to start distributing $7.3 billion to creditors, a major step in the long-running demise of the telecommunications company.

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

Verizon Revenue Falls Again

Verizon Communications Inc. posted another decline in revenue amid a continued drop-off in subscriber additions as a pricing war continues to drag on the wireless provider’s results.

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

Lack of Blockbuster Nominees Could Hurt Oscars Viewership

With not a single blockbuster hit, this year’s crop of best-picture Oscar nominees appears to be the least commercially successful since the Academy expanded the category to more than five films.

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

Lockheed Martin 2017 Guidance Falls Short

Lockheed Martin reported forecast-beating fourth-quarter earnings, though its initial 2017 profit guidance was less than expected and triggered a drop in the company’s shares.

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

Trump Takes Action to Revive Keystone, Dakota Pipelines

President Trump moved to revive the Keystone XL and Dakota Access pipelines, projects that were rejected under the Obama administration.

from WSJ.com: US Business http://ift.tt/2jnBJ8d
via IFTTT

Find My AirPods: Apple Now Helps You Locate Your Little Lost Earphone

Apple’s Find My iPhone app will include a feature that uses AirPods’ wireless technology to track their whereabouts when you inevitably misplace the tiny things.

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

Do We Still Need the Keystone Pipeline?

Energy firms cheered news that President Trump took actions to revive two stalled pipeline projects.

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

Alcoa Sales Climb on Improved Prices, Volume

Aluminum maker Alcoa Corp. posted a loss and said its adjusted profit fell short of Wall Street expectations, even as increased alumina prices pushed sales higher.

from WSJ.com: US Business http://ift.tt/2kqfY5g
via IFTTT

Bob Evans Reaches $565 Million Deal to Sell Restaurant Business

Bob Evans Farms Inc. has reached a deal to sell its restaurants and buy Maine’s Pineland Farms Potato Co., bringing to a close its on-and-off dance with activist investor Thomas Sandell.

from WSJ.com: US Business http://ift.tt/2jWRP9k
via IFTTT

3M Stands by Mexico Business Plan

3M Co. isn’t planning to alter its production strategy in Mexico despite President Donald Trump’s criticism of some U.S. companies operating in the country.

from WSJ.com: US Business http://ift.tt/2jnaOt4
via IFTTT

Kimberly-Clark Records Small Sales Gain

Kimberly-Clark reported organic sales growth in the latest quarter as the maker of Kleenex tissues and Huggies diapers, facing increased competition, eked out a small gain in net sales.

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

OMB Pick Mulvaney Wants Changes to Social Security, Medicare

Rep. Mick Mulvaney, President Donald Trump’s pick to run the Office of Management and Budget, said he would advocate his own ideas for limiting spending on Social Security and Medicare to Mr. Trump, who campaigned against benefit cuts.

from WSJ.com: US Business http://ift.tt/2jO0PeJ
via IFTTT

Central Banks Embrace Risk in Era of Low Rates

Central banks from Switzerland to South Africa are investing a bigger share of their growing foreign-exchange reserves in equities, corporate bonds and other riskier assets.

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

Young, Single Women Try to Appear Less Ambitious: Study

Young, single professional women change the way they talk about their ambitions with an eye toward finding a partner, according to a new study of M.B.A. candidates.

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

EBay's Single Life Has Its Ups and Downs

EBay shares have gotten much more volatile after its earnings reports, ever since it split from PayPal.

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

CBO Sees Budget Deficit Falling to $559 Billion in 2017

U.S. federal deficits are projected to drift slightly lower over the next two years before rising steadily, sharpening the focus on how little fiscal room President Donald Trump inherits to spend more money or slash taxes without pushing deficits even higher toward the end of his first term.

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

Senate Panel Backs Wilbur Ross, Donald Trump's Pick for Commerce Secretary

Wilbur Ross, President Donald Trump’s choice to run the Commerce Department, cleared a key test Tuesday when a Senate panel approved his nomination.

from WSJ.com: US Business http://ift.tt/2jtmbx9
via IFTTT

Trump Warns Auto Executives on Moving Business Overseas

President Donald Trump said businesses have to wait too long to obtain permits and vowed to create a friendlier climate for companies that want to invest in the U.S., stepping up a push to curb the flow of jobs overseas.

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

Existing Home Sales Fell 2.8% in December

U.S. existing-home sales fell in December, suggesting that limited inventories, climbing prices and higher mortgage rates will hold back the market in 2017.

from WSJ.com: US Business http://ift.tt/2j0MpLe
via IFTTT

CEOs Drafting Plan for Trump Juggle Conflicting Goals

For the corporate executives tasked by President Donald Trump with drafting a plan to boost U.S. manufacturing, the hard part will be returning in just 30 days with policy recommendations on which they can all agree.

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

Oscar Nominations Validate Amazon's Hollywood Ambitions

Amazon.com, America’s biggest online retailer, is now the first internet company to earn an Academy Award nomination for best picture.

from WSJ.com: US Business http://ift.tt/2jt6dTy
via IFTTT

Google Privacy Policy Change Faces Scrutiny in EU

Alphabet’s search giant is facing new scrutiny of its privacy policies that could compound the company’s regulatory challenges. An altered policy allows it to build more robust user profiles to accurately target advertising.

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

'Clash of Clans' Developer Ups Its Game After Sales Dip

Supercell’s CEO said the mobile-game developer learned from a dip in revenue for its “Clash” franchise and is now back on track.

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

Google Has a Messaging App Problem

Alphabet Inc.’s search giant has rolled out a major update to its Google Voice across its web and mobile apps, with a modern look and new features like the ability to group text.

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

Auction of Takata Was Rigged, Sweden's Autoliv Alleges

A rival air-bag maker bidding for Takata accused the company of rigging a monthslong auction, ratcheting up tensions with the Japanese supplier as it races to find a financial backer and settle significant debts stemming from a deadly safety crisis.

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

Alibaba Group Revenue Surges

Chinese e-commerce giant Alibaba Group Holding said third-quarter revenue rose 54% to $7.7 billion, as Chinese consumers turned to the internet to buy everything from apparel to home appliances and food.

from WSJ.com: US Business http://ift.tt/2jm7aiW
via IFTTT

DuPont Sales Fall Ahead of Merger

Chemical giant DuPont, looking to wrap up its merger with Dow Chemical, said its fourth-quarter revenue fell as sliding crop prices continued to weigh on its agricultural business.

from WSJ.com: US Business http://ift.tt/2kd96cb
via IFTTT

CEOs Savor New Status in Trump's Washington

For CEOs, President Trump’s cabinet picks and his open-door policy for business leaders during the transition have sent the message that their stock is rising in Washington, with some betting that they will have a stronger voice in running the country.

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

PepsiCo Gives 'Premium' Water a Super Bowl Push

PepsiCo plans to use this year’s Super Bowl to go on the offensive in the beverage industry’s intensifying water war.

from WSJ.com: US Business http://ift.tt/2jXt1i2
via IFTTT

Samsung Looks to Repair Consumer Trust

Samsung Electronics’ apology and diagnosis of the Galaxy Note 7’s battery problems marked the company’s most concerted attempt to move past its biggest recent crisis, but concerns over product safety could continue to weigh on its brand.

from WSJ.com: US Business http://ift.tt/2jTo6OE
via IFTTT

SAP Lifts Outlook as Expanding Cloud Use Boosts Profit

Business software provider SAP raised its earnings outlook in the latest sign that Chief Executive Bill McDermott’s push to focus the company on its internet offering is paying off.

from WSJ.com: US Business http://ift.tt/2j8Powx
via IFTTT

BT's Italian Accounting Scandal Deepens

U.K. telecoms operator BT said a bigger-than-expected $661 million write-down related to an accounting scandal at its Italian business will weigh down on earnings for the next two years.

from WSJ.com: US Business http://ift.tt/2jTgoE5
via IFTTT

Philips Returns to Profit

Royal Philips returned to a net profit in the fourth quarter as the Dutch health-technology and consumer-products maker reported a pickup in sales but said it sees “elevated uncertainty” in its markets.

from WSJ.com: US Business http://ift.tt/2j8GiQ6
via IFTTT

Etihad CEO Hogan to Leave

Etihad said Chief Executive James Hogan would depart the state-owned airline amid growing pressure on the rapidly expanding Middle East carrier.

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

Ozy Media Raises $10 Million to Expand Video, Events

Ozy Media, an online news magazine, has raised $10 million following a slowdown in investment in digital media startups over the past year after a flood of cash in 2015.

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

Ford Takes Step Toward Online Car Shopping With Fintech Investment

The lending arm of Ford Motor Co. has tapped a San Francisco startup to make it easier for its customers to buy and finance a car without going into a showroom.

from WSJ.com: US Business http://ift.tt/2kb5zer
via IFTTT

Samsung Profit Growth Driven by Component Sales

The South Korean tech company recorded its highest operating profit in more than three years, as booming sales of components helped it shrug off last year’s massive Galaxy Note 7 recall.

from WSJ.com: US Business http://ift.tt/2kliRZ6
via IFTTT

Liberty Media Names Chase Carey as Formula One CEO, Replaces Bernie Ecclestone

Bernie Ecclestone, who turned Formula One from an elite motor racing series into a global media rights empire over four decades, stepped away from his role as the sport’s “supremo” as Liberty Media completed its takeover, appointing Chase Carey as chief executive.

from WSJ.com: US Business http://ift.tt/2j7ps48
via IFTTT

Yahoo Sees Verizon Deal Taking Longer Than Expected

Yahoo, subject of two huge data breaches that have cast a shadow over its deal with Verizon Communications Inc., pushed back its expected closing date for the transaction, citing “work required to meet closing conditions.”

from WSJ.com: US Business http://ift.tt/2kl3AHs
via IFTTT

Avis Uses 'Poison Pill' to Block Longtime Investor

Avis Budget Group Inc. took an unusual step Monday to block its biggest shareholder from potentially increasing its sway over the company, a year after giving the investor a board seat.

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

Trump Withdraws U.S. From Pacific Trade Deal

President Trump formally pulled the U.S. out of the Trans-Pacific Partnership, the 12-nation trade agreement negotiated by Barack Obama and championed by businesses but that fell out of favor in both political parties.

from WSJ.com: US Business http://ift.tt/2kl3Ja6
via IFTTT

What Gives Money Its Distinctive Smell? One Chemist Tried to Find Out

A German perfume expert, hired by an artist, has bottled the elusive aroma of the U.S. dollar, which has hints of inky cotton, leather wallets, metal cash drawers and hundreds of sweaty palms; ‘crazy complex.’

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

Warby Parker to Open 25 Stores This Year

Warby Parker plans to open at least 25 retail locations this year, a rare brick-and-mortar expansion amid store closures at several chains.

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

Federal Judge Blocks Aetna-Humana Merger on Antitrust Grounds

A federal judge has blocked the merger between Aetna and Humana on antitrust grounds, ruling that the proposed health-insurance merger is anticompetitive.

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

Auto Industry's No. 1 Preoccupation: Trump

New president’s tweets put Big Three car makers on the defensive about their commitment to U.S. jobs and investment. Their response shows the extent to which companies are factoring Mr. Trump’s criticism into their decision-making.

from WSJ.com: US Business http://ift.tt/2kk1IPv
via IFTTT

Trump Promises 'Very Major' Border Tax on Outsourcing Companies

President Donald Trump said Monday that the U.S. will impose a “very major” border tax on companies that move overseas as he sharpens his focus on recasting America’s international trade relations.

from WSJ.com: US Business http://ift.tt/2iW5LkE
via IFTTT

United Tech Glitch Caused a Dozen Cancellations and 250 Delays

United Continental Holdings Inc., which grounded its domestic fleet for two and half hours Sunday evening due to a problem with the technology that sends pilots in the cockpit messages they need to start a flight, said the problem was fixed around 9 p.m. ET on Sunday.

from WSJ.com: US Business http://ift.tt/2kjW0Jd
via IFTTT

President Donald Trump Makes Revised Trade Deals an Early Priority

President Trump is taking immediate steps to reorder U.S. economic alliances in his first days in office, setting up meetings with leaders from Mexico and Canada on North American affairs and hosting U.K. Prime Minister Theresa May this Friday.

from WSJ.com: US Business http://ift.tt/2j5t0Ed
via IFTTT

Hugo Barra Leaves Xiaomi

Xiaomi Corp. Vice President Hugo Barra said he will leave the company in February and return to Silicon Valley, after signing on in 2013 to build the smartphone maker into an international force.

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

McDonald's Same-Store Sales Soft in U.S., but Still Strong Globally

McDonald’s posted better-than-expected global same-store sales in the latest quarter, but its results in the U.S. declined as enthusiasm for its all-day breakfast options leveled off.

from WSJ.com: US Business http://ift.tt/2jTmyV7
via IFTTT

Sprint to Buy 33% of Jay Z's Tidal Music Service

Sprint Corp. will buy one-third of Tidal, the streaming-music service run by rap mogul Jay Z, the latest content deal secured by a network provider.

from WSJ.com: US Business http://ift.tt/2k8b4dy
via IFTTT

Yahoo Earnings: What to Watch

Yahoo Inc. is scheduled to announce its fourth-quarter earnings after the market closes Monday. Investors are waiting to see how the latest hacking disclosure will affect Yahoo’s user trends.

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

AMC to Buy Nordic Cinema

Theater operator AMC Entertainment has reached a deal to buy Stockholm-based Nordic Cinema for $929 million, the latest move by AMC to broaden its reach in the U.S. and Europe.

from WSJ.com: US Business http://ift.tt/2k8llGQ
via IFTTT

Trump's Attacks on Outsourcing Put Companies on Guard

Leaders of companies with production and IT operations in countries like India, China and the Philippines worry they will come under scrutiny from Donald Trump, and some are exploring alternatives.

from WSJ.com: US Business http://ift.tt/2jSHRq4
via IFTTT

Luxury Brands Struggle to Steer Iranians Away From Knockoffs

Iranians love high fashion, but luxury companies planning to tap Persian appetite for designer clothes and bags are facing stiff competition from their very own brands—albeit fake ones.

from WSJ.com: US Business http://ift.tt/2jIge09
via IFTTT

Foxconn Considers $7 Billion Investment to Build U.S. Factory

Foxconn founder Terry Gou says the Taiwan company is looking for incentives to build a flat-panel screen factory in the U.S.

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

United Airlines Says Flight Problem Resolved

United Continental Holdings Inc. had a computer issue Sunday evening that caused it to ask the Federal Aviation Administration to put into effect a “ground stop” for its arriving and departing flights.

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

Samsung Blames Galaxy Note Overheating on Problems at Suppliers

The South Korean smartphone giant says manufacturing and battery design problems at two suppliers led to the recall of 2.5 million devices.

from WSJ.com: US Business http://ift.tt/2j36FHn
via IFTTT

Yahoo Faces SEC Probe Over Data Breaches

U.S. authorities are investigating whether Yahoo’s two massive data breaches should have been reported sooner to investors, according to people familiar with the matter.

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

Why Samsung's Battery Fix Gets a Grade C, For Now

After its two Note 7 recalls, Samsung’s work on re-establishing trust with consumers and bringing changes to the industry is still incomplete, write Geoffrey A. Fowler and Joanna Stern.

from WSJ.com: US Business http://ift.tt/2k634dc
via IFTTT

After Trump's Health-Law Directive, a Dash to Decode It

Lawmakers, insurers and the health-care industry rushed over the weekend to decipher the full meaning and consequences of President Trump’s executive order urging agency heads to do whatever they can to unwind some provisions of the Affordable Care Act.

from WSJ.com: US Business http://ift.tt/2je9gl1
via IFTTT

Technology's Long-Term Toll on the Middle Class

Keywords: The ‘fourth industrial revolution,’ marked by rapid innovation in automation, artificial intelligence and other areas, will cause income inequality. But tech can also solve it, writes Christopher Mims.

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

Brenda Barnes's Best Career Move: Quitting a Great Job

Quitting her job at PepsiCo made Brenda Barnes famous. It also turned out to be a brilliant career move. After serving on corporate boards, which broadened her skills, she returned to the spotlight as president and later CEO of Sara Lee. Ms. Barnes died Jan. 17 at 63.

from WSJ.com: US Business http://ift.tt/2kfyi0C
via IFTTT

Global Uncertainty Gets Brushed Off in the U.S. and Europe

Consumers and businesses in the U.S. and Europe appear undaunted by the prospect of profound political change on both sides of the Atlantic and may even be encouraged by it.

from WSJ.com: US Business http://ift.tt/2jd8VyN
via IFTTT

Trump on Trade: Peace Through Strength

While Donald Trump’s inaugural address echoed the same nationalist themes that carried him to victory in November, he and his advisers have emanated a subtler message in other forums, writes Greg Ip.

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

Retrial of Former Dewey Leaders to Start

A new trial is slated to begin Monday in a financial fraud case brought against defunct New York law firm Dewey & LeBoeuf’s executives, a year and a half after an earlier attempt to place criminal blame on the one-time leaders ended in a mistrial.

from WSJ.com: US Business http://ift.tt/2k45ol0
via IFTTT

A+E Networks Chief Tests Limits in Bid to Revive Channels' Fortunes

A+E Networks, run by CEO Nancy Dubuc, is a prime example of a mid-tier cable company under pressure to revamp its brands to survive an age of slimmer television channel bundles and on-demand streaming services.

from WSJ.com: US Business http://ift.tt/2jPfU2i
via IFTTT

Donald Trump's Inauguration Brings in Over 30 Million Viewers

An audience of 30.6 million people tuned in to watch Donald Trump’s inauguration as president, falling short of 37.8 million who watched Barack Obama’s first swearing in eight years ago, according to Nielsen.

from WSJ.com: US Business http://ift.tt/2k49hWS
via IFTTT

Trump Administration Portends Numerous Changes in Space Policies

President Donald Trump and his senior advisers are signaling potentially big shifts in both military and civilian space policies, and the first move could come by Monday.

from WSJ.com: US Business http://ift.tt/2jPnr1b
via IFTTT

Apple Sues Qualcomm Over Licensing Practices

Apple is suing Qualcomm alleging it demanded onerous terms for its technology and that it sought to punish Apple for cooperating in a Korean regulatory probe into Qualcomm’s licensing practices.

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

Wal-Mart Starts Layoffs at Headquarters

Wal-Mart Stores was following through Friday on plans to cut nearly 1,000 corporate jobs.

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

Retailers Turn to Silicon Valley to Lure Customers

In the age of Amazon.com, other retailers are scrambling to find a way to keep consumers shopping on their sites and in stores. The trick? Personalization, via data and tech.

from WSJ.com: US Business http://ift.tt/2kbM091
via IFTTT

Tesla Boosts Range of All-Electric Model S to 335 Miles

Tesla Motors has extended the battery range for a new version of the Model S sedan to 335 miles on a charge, furthering the Silicon Valley auto maker’s lead in the all-electric car race.

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

Samsung Investigation Blames Battery Size for Galaxy Note 7 Fires

An investigation into the cause of faulty batteries that led Samsung Electronics to pull all of its Galaxy Note 7 smartphones last year found that some batteries were irregularly sized, causing overheating, while others had manufacturing problems.

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

'Hidden Figures' Adds Up to a Hollywood Success Story

The PG-rated, mid-budget drama featuring three African-American women as a trio of brilliant NASA workers during the age of the Space Race and Jim Crow has garnered attention in Hollywood because of its continuing box-office triumphs.

from WSJ.com: US Business http://ift.tt/2jwUog2
via IFTTT

Ford Sees Remeasurement Loss of About $3 Billion

Ford Motor Co. said it plans to take a $3 billion pre-tax charge against its fourth-quarter earnings related to its pension and retiree-benefit plans, following a change in its pension accounting the company made a year ago.

from WSJ.com: US Business http://ift.tt/2jHwVv3
via IFTTT

SEC Questions Herbalife Over China Anti-Corruption Efforts

Herbalife said Friday that the Securities and Exchange Commission is investigating its anticorruption efforts in China.

from WSJ.com: US Business http://ift.tt/2jx8BcW
via IFTTT

Heineken in Talks to Buy Kirin's Brazil Assets

Heineken is in talks with Japan’s Kirin Holdings to acquire its struggling beer operations in Brazil, a move that could strengthen the Dutch brewer in one of the world’s largest beer markets.

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

GE Revenue Slips, Dragged Down by Oil Woes

General Electric said revenue declined 2% in the latest quarter as the industrial giant’s energy business remained pressured. The revenue drop was more than expected.

from WSJ.com: US Business http://ift.tt/2jU9lIJ
via IFTTT

Procter & Gamble's Earnings Jump

Procter & Gamble said sales in its latest quarter fell slightly from a year ago, offering the first glimpse at the consumer-products giant’s operations since it shed the bulk of its beauty business. Net income rose to $7.88 billion.

from WSJ.com: US Business http://ift.tt/2jU9BaC
via IFTTT

Schlumberger Posts Another Loss

Schlumberger posted a loss in its latest quarter on lower revenue, but the company said energy prices and production were both poised to increase.

from WSJ.com: US Business http://ift.tt/2jU3naV
via IFTTT

McDonald's Turns Up Heat in Russia

McDonald’s is advancing into new territories such as Siberia and encountering familiar rivals such as KFC and Burger King, which built scores of restaurants in the past few years.

from WSJ.com: US Business http://ift.tt/2jw7A4Q
via IFTTT

U.S. Oil Producers Ramp Up Spending

U.S. oil producers, optimistic that higher crude prices are here to stay, have issued 2017 budgets that call for dramatically greater spending to tap new wells.

from WSJ.com: US Business http://ift.tt/2iJ1vEW
via IFTTT

Brenda Barnes's Advice to Her Children

Former Sara Lee CEO Brenda Barnes, who died Tuesday at age 63, became a symbol of the hard choices women make between work and family. After suffering a stroke in 2010, she sent the following letter to her children, entitled “Ten lessons from your momma.”

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

Yellen Sticks to Steady Outlook on Rates

Federal Reserve Chairwoman Janet Yellen said she doesn’t see the U.S. economy at risk of overheating and doesn’t expect growth to pick up much soon, comments suggesting the central bank is sticking to its plan of raising interest rates cautiously in the months ahead.

from WSJ.com: US Business http://ift.tt/2jEKnj6
via IFTTT

Netflix Strategies Fuel Soaring Stock Price

Netflix’s global expansion and ramp up of its streaming-operations has resulted in its share price hitting an all-time high on Thursday. Shares closed at $138.41 after the company posted strong fourth-quarter results Wednesday.

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

SIG Sauer Wins Huge Army Handgun Deal

The Pentagon said Thursday that SIG Sauer had won a $580 million contract to supply the U.S. Army with new handguns, ending a long-running contest that had attracted fierce criticism from a senior military chief.

from WSJ.com: US Business http://ift.tt/2k5WYc6
via IFTTT

Paramount Pictures Gets a $1 Billion Infusion from China

A $1 billion financing deal with two Chinese firms promises Viacom Inc.’s struggling Paramount Pictures some much-needed funds and a foothold in the world’s second-largest box-office market.

from WSJ.com: US Business http://ift.tt/2k68X9C
via IFTTT

The Trump Factor in Job Pledges: Analyzing the Numbers

A dozen major companies have touted the creation of about 130,000 U.S. jobs since Donald Trump was elected president, vowing to keep jobs in America. How many of those come from Mr. Trump’s pressure and how many were already planned is harder to determine.

from WSJ.com: US Business http://ift.tt/2iHa1V4
via IFTTT

Uber to Pay $20 Million to Settle FTC Charges

Uber Technologies agreed Thursday to pay $20 million to resolve Federal Trade Commission allegations that it misled drivers about potential earnings and vehicle financing.

from WSJ.com: US Business http://ift.tt/2k5Uk66
via IFTTT

IBM Revenue Declines Again

IBM notched its 19th consecutive quarter of falling revenue, year on year, as it struggles to offset declines in older businesses with sales in younger ones that are growing at a rapid clip.

from WSJ.com: US Business http://ift.tt/2iH7p9L
via IFTTT

Mnuchin Defends Investments in Senate Confirmation Hearing

Treasury secretary nominee Steven Mnuchin fended off mostly Democratic criticism of his investment strategies, including those linked to the foreclosure crisis and hedge-fund operations, and outlined a range of policy views.

from WSJ.com: US Business http://ift.tt/2iP9L1x
via IFTTT

Rival to EpiPen Allergy Treatment to Return to Market

The maker of an EpiPen rival said its emergency allergy treatment would return to the market on Feb. 14, adding more competition to the market for the costly products.

from WSJ.com: US Business http://ift.tt/2jE5Usf
via IFTTT

Julia Haywood Leaves United Airlines

Julia Haywood, a Boston Consulting Group airline partner who was hired by United Continental Holdings Inc. last summer as its new chief commercial officer, has left the airline to return to the consulting firm, United said Thursday.

from WSJ.com: US Business http://ift.tt/2iP4mHF
via IFTTT

Mall Closures Ripple Through Small Town America

Sears and Macy’s closures at an Ohio mall are a double hit for the mall and a former steel town being swept up in a wave of retail flight across the U.S.

from WSJ.com: US Business http://ift.tt/2jDW75e
via IFTTT

Avaya Files for Chapter 11 Bankruptcy Protection

Communications company Avaya Inc. filed for chapter 11 bankruptcy protection Thursday as the company extended its decadelong string of annual losses.

from WSJ.com: US Business http://ift.tt/2iGyB8v
via IFTTT

Economic Tests Await Trump

President-elect Donald Trump inherits an economy in much stronger shape than at either of the past two inaugurations, but major questions loom over how he can boost productivity and deliver on his growth promises.

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

U.S. Regulators to Close Tesla Autopilot Probe

U.S. highway safety regulators are near closing a probe of Tesla’s Autopilot system without seeking a recall or other action against the Silicon Valley auto maker, said people familiar with the matter, after a six-month investigation failed to uncover a defect in the semi-automated technology in use during a fatal crash last year.

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

CSX Investors Cheered by Former Rail Rival's Sudden Switch

Railroad veteran Hunter Harrison tried twice to take over rival CSX Corp. and failed. But investors cheered Thursday the idea of letting him run CSX himself.

from WSJ.com: US Business http://ift.tt/2iObQL1
via IFTTT

FTC's Qualcomm Suit Exposes Tensions in Smartphone Industry

The FTC’s lawsuit against Qualcomm is part of an escalating international regulatory battle that has laid bare tensions between the dominant maker of smartphone chips and some of its biggest customers.

from WSJ.com: US Business http://ift.tt/2jcH4wp
via IFTTT

U.K. Will Be Global Trade Leader, May Says

British Prime Minister Theresa May said the U.K. would become a world leader in promoting the merits of globalization, underscoring her vision of an internationalist Britain outside the EU.

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

Student Debt Payback Far Worse Than Believed

An analysis of revised Education Department numbers shows that at more than 1,000 schools, at least half of students defaulted or failed to pay down their debt within seven years.

from WSJ.com: US Business http://ift.tt/2k78zLU
via IFTTT

Volkswagen's Ex-CEO Denies Prior Knowledge of Emissions Cheating

Martin Winterkorn, Volkswagen’s former chief executive, denied having any personal knowledge of the German car maker’s diesel-emissions cheating in his first major public appearance since the scandal broke in September 2015.

from WSJ.com: US Business http://ift.tt/2iWti3o
via IFTTT

Amazon, Apple End Exclusivity Deals for Audiobooks World-Wide

EU antitrust regulators welcomed a move by Amazon.com to end exclusivity obligations for the supply and distribution of audiobooks with Apple.

from WSJ.com: US Business http://ift.tt/2jBVR7h
via IFTTT

Samsung Heir Felt Pressured by South Korean President, Prosecutors Say

The de facto head of Samsung conglomerate told investigators probing his alleged role in a corruption scandal that South Korean President Park Geun-hye coerced him into contributing funds to entities linked to a friend of hers.

from WSJ.com: US Business http://ift.tt/2js5a7m
via IFTTT

Google Uses Its Search Engine to Hawk Its Products

A Wall Street Journal analysis found that Google often pushes its growing list of hardware products, from Pixel phones to Nest smart thermostats, in the top ad spot above its search results.

from WSJ.com: US Business http://ift.tt/2js1wu2
via IFTTT

Paul McCartney to U.S. Court: 'Help!'

Paul McCartney is taking Sony Corp.’s music-publishing division to court in an effort to take back his copyrights in Beatles songs he mostly co-wrote with John Lennon.

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

German Companies on a Tear in U.S.

German companies are accelerating their expansion in the U.S., undaunted by President-elect Donald Trump’s threats to limit international trade and uncertainty surrounding his future stance on foreign takeovers.

from WSJ.com: US Business http://ift.tt/2js4G1b
via IFTTT

Indian Firms Fear Curbs on Skilled-Visa Workers Under Trump

President-elect Donald Trump doesn’t take office until Friday, but he is already forcing India’s mammoth $108 billion technology outsourcing industry to rethink hiring practices in the U.S., its largest market.

from WSJ.com: US Business http://ift.tt/2jBS3mw
via IFTTT

LinkedIn's Website Is No Longer Terrible

A makeover of LinkedIn’s website makes it easier to read posts and connect with people helpful to your career, writes Joanna Stern.

from WSJ.com: US Business http://ift.tt/2jrQZz3
via IFTTT

The Most Coveted Ball in Golf Is From Costco

Costco, the warehouse retail giant, began selling golf balls last fall under its Kirkland Signature brand. The balls instantly ranked among the cheapest on the market, but by some accounts, they perform like rivals that sell for more than twice as much.

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

Livio DeSimone, a Former 3M CEO, Dies at 80

Livio DeSimone, a chemical engineer who served as chairman and chief executive of 3M Co. in the 1990s, died Tuesday, the St. Paul, Minn.-based company said. He was 80 years old.

from WSJ.com: US Business http://ift.tt/2jBS2Pu
via IFTTT

ECB Keeps Interest Rates, Stimulus Plan Unchanged

European Central Bank President Mario Draghi said policy makers will “look through” a recent pickup in the annual rate of inflation if they’re not convinced it will be sustained.

from WSJ.com: US Business http://ift.tt/2k4qxe9
via IFTTT

Mnuchin to Address IndyMac, Tax Policy at Senate Hearing

Investments tied to the foreclosure crisis are shaping up to figure prominently in the confirmation hearing for Steven Mnuchin, Donald Trump’s intended nominee for Treasury secretary.

from WSJ.com: US Business http://ift.tt/2jCRx7f
via IFTTT

Safran Swoops for Cabin Specialist Worth $9 Billion

French aerospace supplier Safran has agreed to buy Zodiac Aerospace in a deal that values the beleaguered cabin interiors specialist at $9 billion and is set to create the industry’s No. 3 firm.

from WSJ.com: US Business http://ift.tt/2iUD6us
via IFTTT

BHP, Vale Agree on Brazil Dam-Failure Settlement Plan

BHP Billiton, Vale and their Brazilian iron-ore joint venture have agreed on a plan with federal prosecutors there for negotiating a settlement of a $47.5 billion civil claim linked to a dam failure that killed 19 people in 2015.

from WSJ.com: US Business http://ift.tt/2jO6p0x
via IFTTT

U.S. Races to Finish Probes, Wring Payouts From Firms

The Obama administration rushed to complete a raft of investigations of big business before relinquishing power, reaching settlements worth around $20 billion in the past week alone with megabanks, auto makers, drug companies and others.

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

Outgoing Canadian Pacific CEO and Activist Investor to Target CSX

Hunter Harrison, the railroad veteran who announced his early departure from Canadian Pacific Railway, is joining with an activist investor in an attempt to shake up management at rival railroad CSX.

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

Judge Approves Hanjin Container Terminal Sale

Hanjin Shipping Co. won U.S. bankruptcy court approval for a hotly contested sale of the shipper’s stake in a Long Beach, Calif., container terminal operator, after a judge overruled objections from a group of U.S. creditors.

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

The Government's 11th-Hour Push for Fair Pay

In the waning hours of the Obama administration, the U.S. Labor Department has filed suits against federal contractors Oracle and J.P. Morgan Chase alleging that some employees weren’t paid fairly.

from WSJ.com: US Business http://ift.tt/2k5q8vY
via IFTTT

Netflix Posts Strong Subscriber Growth

Netflix Inc.’s strong subscriber growth in the latest quarter helped the streaming-video giant cap its best year in subscriber additions with 19 million new members.

from WSJ.com: US Business http://ift.tt/2jAj1uk
via IFTTT

Mallinckrodt Settles Antitrust Allegations on Unlawful Drug Monopoly

Irish drugmaker Mallinckrodt and a U.S. subsidiary will pay $100 million and agree to other conditions to settle government antitrust allegations they unlawfully prevented competition for Acthar, a drug that has seen enormous price spikes in recent years.

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

U.S. Sues Oracle, Alleging Salary and Hiring Discrimination

The Labor Department sued Oracle, alleging the technology company routinely pays its white male workers more than their counterparts in the same positions.

from WSJ.com: US Business http://ift.tt/2jAihW3
via IFTTT

Court Denies Arrest Warrant for Samsung Heir Lee Jae-yong

A South Korean court denied an arrest warrant for Lee Jae-yong, the scion of the Samsung conglomerate, for his alleged involvement in a national corruption scandal.

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

Yellen Says Nonpartisan Fed Will Focus on the Economy

Federal Reserve Chairwoman Janet Yellen defended the central bank’s mission as a nonpartisan institution devoted to fostering a healthy economy free from short-term political pressures.

from WSJ.com: US Business http://ift.tt/2jp0OOf
via IFTTT

Google Agrees to Buy Twitter Unit Called Fabric

Alphabet Inc.’s Google agreed to acquire Fabric, a unit from Twitter that runs a tool for developers to make mobile apps.

from WSJ.com: US Business http://ift.tt/2iS4Ekj
via IFTTT

Financial Crisis, Regulatory Agenda Shaped Obama's Economic Legacy

President Barack Obama took office in the middle of a financial crisis with Corporate America hemorrhaging jobs. He leaves with stocks near record highs and 75 straight months of job creation. Yet his economic legacy is marred by a long run of slow wage growth, low worker productivity and the slowest economic expansion in post-World War II history.

from WSJ.com: US Business http://ift.tt/2k0LeHR
via IFTTT

Baidu CEO Gets Management Help

China Circuit columnist Li Yuan says Baidu’s CEO is getting management help with a new president, Qi Lu, a former Microsoft executive.

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

SEC Fines GM $1 Million for Accounting Control Failures

General Motors Co. agreed to pay a $1 million penalty to settle charges from U.S. securities regulators that the Detroit auto giant failed to alert its accountants to a defective ignition switch in a timely manner.

from WSJ.com: US Business http://ift.tt/2j9vUZf
via IFTTT

On Economy, Obama Wanted More Change Than Americans Did

President Barack Obama pushed through a more complete safety net and a more redistributive tax code, but his efforts to remake finance, technology, energy and labor markets are in doubt, writes Greg Ip.

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

Commerce Secretary Nominee Wilbur Ross Takes on China in Hearing

Wilbur Ross, the billionaire investor tapped by President-elect Donald Trump to serve as his commerce secretary, on Wednesday took the incoming administration’s tough-on-China trade talk to Capitol Hill.

from WSJ.com: US Business http://ift.tt/2jL7oyp
via IFTTT

Mystery Fungus Sparks NIH Crisis, Imperiling Trials, Patients and Its Boss

Crisis response at the National Institutes of Health has prompted lab closures and has triggered delays in treatment. Its chief, noted geneticist Francis Collins, who serves at the pleasure of the president, is in the hot seat.

from WSJ.com: US Business http://ift.tt/2k4oFpF
via IFTTT

FCC Sees Muted Demand at TV Airwaves Auction

The U.S. government’s plan to buy the licenses of local television stations to clear the airwaves for cellular use hasn’t turned out to be the bonanza that some had hoped.

from WSJ.com: US Business http://ift.tt/2jZZ90D
via IFTTT

American Air Unveils Basic Economy Fares

American Airlines Group served up its cheaper economy-cabin product, saying the fares will go on sale Feb. 10 on 10 routes and expand “in line with customer interest.”

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

Target Issues Profit Warning on Disappointing Holiday Sales

Target posted softer-than-expected comparable sales during the holiday season and cut its guidance for the fourth quarter and year, the latest retailer to post a disappointing end to 2016.

from WSJ.com: US Business http://ift.tt/2jnvm2X
via IFTTT

Bertelsmann Looks to Seize Moment as Big Publishing Stake Hits Market

German media company Bertelsmann has long wanted to own all of giant book-publishing joint venture Penguin Random House, and the woes of partner Pearson now give it a chance.

from WSJ.com: US Business http://ift.tt/2k42YGm
via IFTTT

U.S. Industrial Production Rose 0.8% in December

U.S. industrial output rose at the fastest pace in more than two years in December as activity surged at utilities and manufacturers inched ahead.

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

U.S. Consumer Prices Up 2.1% in December from Year Earlier

Americans experienced annual inflation above 2% in December for the first time since mid-2014, a trend that reflects rising gasoline prices and steady consumer demand.

from WSJ.com: US Business http://ift.tt/2iQp3Gg
via IFTTT

Trump Victory Slows Business Investment in Iran

Small and midsize companies are rethinking or delaying entry to Iran following the election of Donald Trump, a break from their bigger counterparts which have struck recent deals despite concerns of fresh sanctions.

from WSJ.com: US Business http://ift.tt/2k3Ri6b
via IFTTT

Small Businesses Struggle to Add Jobs, Study Finds

Employment growth is slow and unsteady at most small firms, with the median small business adding fewer than one full-time position a year, despite the sector’s reputation as the engine of U.S. job growth.

from WSJ.com: US Business http://ift.tt/2j8tf24
via IFTTT

Pearson Shares Dive on Profit Warning

Shares in Pearson plunged more than 20% after the world’s largest education company issued a profit warning for 2018 and said it plans to sell its stake in its Penguin Random House publishing joint venture.

from WSJ.com: US Business http://ift.tt/2iORXa7
via IFTTT

Second Theranos Lab Failed U.S. Inspection

Theranos failed a second major U.S. regulatory inspection of its laboratory facilities, people familiar with the situation said, a setback the Silicon Valley blood-testing firm hasn’t disclosed to investors or patients.

from WSJ.com: US Business http://ift.tt/2k2Xagj
via IFTTT

Former Sara Lee CEO Brenda Barnes Dies at 63

One of the highest-ranking women in corporate America, she became a symbol of the choices women face juggling work and family life.

from WSJ.com: US Business http://ift.tt/2jmb1uF
via IFTTT

Trump Election Gives Private Prisons a Boost

The private prison industry, which has faced tough government scrutiny, a declining inmate population and a drawdown of federal contracts, is seeing a reversal in its fortunes due to the election of Donald Trump.

from WSJ.com: US Business http://ift.tt/2izB5p5
via IFTTT

TVA Board Vacancies Raise Possibility of Coal Shift

President-elect Donald Trump is poised to bring in new leadership to the Tennessee Valley Authority, prompting concerns that the nation’s largest public power company could be in for a strategy shift about its coal use.

from WSJ.com: US Business http://ift.tt/2jX0y8e
via IFTTT

The Best Ways to Manage a Demanding Boss

Don’t ignore—or meekly accept—the requests of demanding supervisors. Negotiate a solution.

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

Eyeballs Are No Longer Enough for Netflix

Netflix should be able to meet subscriber targets, but investors may start demanding profits.

from WSJ.com: US Business http://ift.tt/2jum5bO
via IFTTT

Trump Comments Signal Shift in Approach to U.S. Dollar

By talking down the value of the U.S. dollar, President-elect Donald Trump is potentially veering away from more than two decades of strong-dollar precedent.

from WSJ.com: US Business http://ift.tt/2jtWZK4
via IFTTT

Federal Trade Commission Files Antitrust Lawsuit Against Qualcomm

The Federal Trade Commission sued Qualcomm, alleging the chip maker engaged in unlawful tactics to maintain its monopoly on a semiconductor device used in cellphones.

from WSJ.com: US Business http://ift.tt/2jtS2B4
via IFTTT

Brexit Split Has Auto Makers Especially Vulnerable

Many global auto industry executives fear that breaking off Britain’s access to Europe’s common tariff and customs regime, as Prime Minister Theresa May announced Tuesday, will increase uncertainty and new costs for importers and exporters.

from WSJ.com: US Business http://ift.tt/2j6pxGl
via IFTTT

Bayer Will Keep Monsanto Jobs in U.S., Trump Team Says

Bayer AG will maintain Monsanto Co.’s entire U.S. workforce after the German chemicals giant’s planned acquisition of the U.S. agrochemical group, a spokesman for President-elect Trump said Tuesday.

from WSJ.com: US Business http://ift.tt/2jkP0N5
via IFTTT

Trump Is 'Last Great Hope for Globalism,' Adviser Says in Davos

Trump adviser Anthony Scaramucci said the president-elect would renegotiate America’s relationship with NATO and its trade relationship with China, in hopes of benefiting the American middle class.

from WSJ.com: US Business http://ift.tt/2j5CSyl
via IFTTT

Businesses Push Trump to Salvage Pacific Trade Pact

Business and agricultural groups are lobbying Trump transition officials to rework and even rename a Pacific trade deal that would knit together the U.S. and Asian countries, despite Mr. Trump’s plan to scrap the agreement.

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