Boeing Finds an Ex-Im Bank Alternative

Boeing has sealed a deal for Italy’s export credit agency to provide an initial $1.25 billion a year in guarantees for jetliner sales, partly to fill the void left by the U.S. Export-Import Bank.

from WSJ.com: US Business http://ift.tt/2qCY4jc
via IFTTT

Diners Are Finding $13 Burgers Hard to Swallow

America’s favorite food, which once afforded a cheap and portable bite for time-pressed consumers, has gotten too fancy for its own good. The result? Fewer people are choosing burgers as a lunch option.

from WSJ.com: US Business http://ift.tt/2sg9CKh
via IFTTT

Uber Posts $708 Million Loss as Finance Head Leaves

Uber said its head of finance is leaving as the ride-hailing company reported continued big losses despite growing revenue, adding to an exodus of top officials and setting the stage for a second major executive search.

from WSJ.com: US Business http://ift.tt/2sfF0sA
via IFTTT

Farmer Sues East Lansing for Religious Discrimination

A Catholic farmer in Michigan is suing the city of East Lansing, claiming that his company has been excluded from a city-run farmers market because he expressed views opposing gay marriage.

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

Medicaid Was Overcharged $1.3 Billion for EpiPen, Watchdog Says

Medicaid paid $1.27 billion more for EpiPen allergic-reaction treatments than it should have from 2006 to 2016, well more than the sum Mylan NV said it agreed to pay to settle allegations, a government watchdog said.

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

CNN Drops Kathy Griffin as New Year's Eve Program Host

CNN fired comedian Kathy Griffin from its New Year’s Eve program Wednesday amid backlash after she appeared in a photo holding a faux bloody severed head of President Donald Trump.

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

Tesaro Explores Sale

Tesaro is exploring a sale, according to people familiar with the matter, two months after the cancer-treatment developer won a key drug approval.

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

Aetna to Move Headquarters Out of Connecticut

Aetna plans to move its corporate headquarters out of Connecticut, dealing a blow to a state struggling with a widening budget deficit, stagnant population growth and rising unemployment.

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

What Is Essential to Make It in Smartphones

Andy Rubin’s new smartphone will need more than a sharp design to make a strong connection with buyers.

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

Fed's Beige Book Reports Slower Growth, Less Optimism in Some Regions

Economic growth has softened in some areas of the U.S., and a number of firms have become somewhat less optimistic about the future, according to a new report from the Federal Reserve.

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

Ohio Sues Five Drug Firms, Saying They Fueled Opioid Crisis

Ohio is suing five drug makers, the state’s attorney general said, alleging they fueled the opioid crisis by misrepresenting the addictive risks of their painkillers.

from WSJ.com: US Business http://ift.tt/2sekI2D
via IFTTT

Exxon Shareholders Pressure Company on Climate Risks

Proposal at annual meeting calls for Exxon to share more information on climate policy vulnerabilities as Trump administration weighs pulling out of 2015 Paris accord

from WSJ.com: US Business http://ift.tt/2rFbM9i
via IFTTT

Don't Expose Yourself: A Guide to Online Privacy

Much of Silicon Valley wants you to think the price of using the internet is letting them data-mine your life. This is a beginner’s guide to fighting back.

from WSJ.com: US Business http://ift.tt/2seSC7s
via IFTTT

China Detains Rights Monitor Investigating Ivanka Trump Shoe Factory

New York-based China Labor Watch said it has lost contact with three undercover investigators who worked at Chinese factories making Ivanka Trump-brand shoes, and at least one of them has been detained.

from WSJ.com: US Business http://ift.tt/2rF1zKe
via IFTTT

How the Molina Brothers Got Bounced From the Family Health-Care Firm

Molina Healthcare’s former CEO called his removal from the company his father founded a “palace coup,” but investors had been dissatisfied with the insurer’s uneven results in an industry unsettled by the Affordable Care Act.

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

German Businesses Fear Fallout From Trump-Merkel Discord

A political war of words between Berlin and Washington is causing growing alarm among German executives who fear it could be bad for business.

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

Vietnam Explores Its Trade Options With U.S.

Vietnamese Prime Minister Nguyen Xuan Phuc is visiting Washington to assess how the Trump administration will deal with countries like Vietnam following President Trump’s derailing of the Trans-Pacific Partnership.

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

Michael Kors to Close up to 125 Stores

Luxury handbag seller Michael Kors will close 100 to 125 of its full-priced retail stores amid increasing pressure from deep discounting across the industry.

from WSJ.com: US Business http://ift.tt/2qG8de8
via IFTTT

JBS Parent to Pay $3.16 Billion to Settle Corruption Charges in Brazil

J&F Investimentos, the holding company that controls meatpacker JBS, agreed to pay $3.16 billion to settle corruption charges in Brazil, prosecutors said.

from WSJ.com: US Business http://ift.tt/2qFS7Bj
via IFTTT

You're Getting a Master's in What?

To court a generation of M.B.A.-skeptics, business schools are creating narrowly tailored degree programs designed to help young professionals hone their skills for specific industries and job functions.

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

Hewlett Packard Enterprise Earnings: What to Watch

Hewlett Packard Enterprise Co. is scheduled to report fiscal second-quarter results on Wednesday.

from WSJ.com: US Business http://ift.tt/2qG8b60
via IFTTT

Megyn Kelly Looks to Expand Beyond Politics in New Show

With her new NBC News magazine show “Sunday Night with Megyn Kelly,” the former Fox News prime-time anchor is looking to expand beyond the latest political battlegrounds and constant scrutiny of the Trump administration.

from WSJ.com: US Business http://ift.tt/2ro7l1A
via IFTTT

This Time, Trump Is Right About Trade

While President Donald Trump gets a lot wrong about trade, he’s right about Germany’s current account surplus, which leaves the U.S. and the rest of Europe worse off, writes Greg Ip.

from WSJ.com: US Business http://ift.tt/2raC3ek
via IFTTT

Women CEOs Don't Get Paid Less Than Men in Big Business, They Make More

Women in command of America’s biggest businesses are reaping rich rewards. In an unusual reversal of the gender pay gap, female chief executives at some of the largest U.S. companies repeatedly outearn their male counterparts. But women represent only 5% of all the CEOs running S&P 500 companies.

from WSJ.com: US Business http://ift.tt/2sdh0pE
via IFTTT

EU Sets Guidelines for Members Luring London Finance Firms After Brexit

The EU’s securities watchdog is moving to prevent governments using differences in regulations across the bloc to lure business forced to relocate from London because of Brexit.

from WSJ.com: US Business http://ift.tt/2rE1aHK
via IFTTT

NBC Won't Move 'This Is Us' to Thursday Nights

NBC has gotten cold feet about moving one of its biggest hits to a new night.

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

Hey Bixby...Where Are You?

The English-language version of Samsung’s new voice-activated virtual assistant won’t likely debut in the U.S. until at least late June, more than two months after the launch of the South Korean tech giant’s latest high-end smartphone.

from WSJ.com: US Business http://ift.tt/2riPqY1
via IFTTT

Scott Pelley to Leave Anchor's Chair at 'CBS Evening News'

Scott Pelley is stepping down as anchor of the “CBS Evening News” to become a full-time correspondent on the Sunday prime time newsmagazine “60 Minutes.”

from WSJ.com: US Business http://ift.tt/2ra51Lh
via IFTTT

Whirlpool to Ask U.S. for Broad Barriers on Washer Imports

Whirlpool plans Wednesday to ask the U.S. government to impose broad barriers on imports of household washing machines, part of the company’s efforts to fight what it calls unfair trade practices by South Korea-based rivals .

from WSJ.com: US Business http://ift.tt/2sch6xU
via IFTTT

Big Pension Funds Oppose Election of Six Mylan Directors

A group of institutional investors unhappy over high executive pay at Mylan NV are taking aim at six board members at the EpiPen maker.

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

Supreme Court Rules Lexmark Can't Sue Toner-Cartridge Fillers for Patent Infringement

The Supreme Court reaffirmed that patent-holders cannot keep their rights over a product once they sell it, ruling against a large printer maker in a case that, among other things, will make it easier to refill used toner cartridges.

from WSJ.com: US Business http://ift.tt/2rhuq4a
via IFTTT

Uber Fires Driverless-Car Executive at the Center of Google Legal Battle

Uber Technologies Inc. said Monday it fired Anthony Levandowski, the driverless-car executive at the center of its legal battle with Google parent Alphabet Inc., making good on its threat to dismiss him if he didn’t cooperate with court orders.

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

U.S., EU Hold Talks on Possible Laptop Ban Extension

The U.S. administration on Tuesday held another round of high-level talks with European Union counterparts on possibly banning laptops from cabins on all international flights.

from WSJ.com: US Business http://ift.tt/2qyFB78
via IFTTT

Dead Mall Space Could Spur Warehouse, E-Commerce Deals

Excess parking facilities and underused retail space could be redeveloped into small-scale last-mile delivery or pickup facilities, Fitch Ratings said.

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

Daimler Vows to Buy More American Parts for Alabama Plant

Daimler AG, the maker of Mercedes-Benz cars, responded to continued pressure from the Trump administration on auto makers, saying it is increasing the amount of parts it uses from U.S.-based supplier factories.

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

Westinghouse Paid Former CEO Roderick $19 Million

Westinghouse Electric Co. paid Daniel Roderick more than $19 million in the year before he was pushed out as chairman of the company’s board, an ouster that came days before billions of dollars of cost overruns plunged the company he led into bankruptcy.

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

Political Shake-Up in Canada Fuels Debate Over Kinder Morgan Pipeline Plans

Kinder Morgan plans to expand its Trans Mountain crude-oil pipeline faced fresh risks as Canadian Prime Minister Justin Trudeau and the premier of oil-rich Alberta added to a debate fueled by the possibility a new political alliance in the country’s west.

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

Payless Plans Second Wave of Store Closures

Payless ShoeSource Inc. is preparing to launch a second round of store closings less than two months after the shoe retailer sought bankruptcy protection.

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

Going Out for Lunch Is a Dying Tradition

Americans are skipping lunchtime trips to restaurants at levels not seen in four decades, a result of busier work schedules and the ever-widening cost gap between supermarket food and a restaurant meal.

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

Exelon Moves to Pull Plug on Three Mile Island Nuclear Power Plant

Exelon has begun the process of closing down its money-losing Three Mile Island nuclear power plant and will complete the shutdown by September 2019 unless lawmakers make changes to help the facility compete in an increasingly cut-throat energy market.

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

Uber Winds Up Harassment Probe, Leaving Employees on Edge

Uber Technologies expects to conclude a report soon on claims of sexual harassment and sexism that it hopes will close a damaging chapter in its history. But it also could bring even greater scrutiny for the troubled ride-hailing company.

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

Suspected North Korean Hackers Try Tricky New Tactic

South Korean cybersecurity experts have noticed recent intrusions at government-affiliated websites following a new pattern: They used a technique that doesn’t require tainted email links or forceful server assaults.

from WSJ.com: US Business http://ift.tt/2rfUDA5
via IFTTT

Instagram CEO on Stories: Don't Call It a Copycat

In an interview with the Journal, Instagram Chief Executive Kevin Systrom weighs in on the app’s next set of challenges, its relationship with Facebook and competition with Snap.

from WSJ.com: US Business http://ift.tt/2qvvPH3
via IFTTT

British Airways Says Computer Crash Over, After Canceled Flight Chaos

British Airways said its computer networks were operating normally again after an outage over the weekend sparked hundreds of flight cancellations.

from WSJ.com: US Business http://ift.tt/2rfUEE9
via IFTTT

Why Some Toxic Bosses Thrive

People who work for highly toxic bosses—managers with more than a handful of bullying or undermining behaviors—tend to be more engaged in their work than other employees, according to a survey.

from WSJ.com: US Business http://ift.tt/2qw1bNX
via IFTTT

U.S. Consumer Spending Rose 0.4% in April

Americans stepped up their spending in April at the fastest pace in four months, a sign the U.S. economy is rebounding after a lackluster winter.

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

Injunction Request Aims to Stop German Role in ECB's Bond Buying

A Berlin-based law professor has filed a cease-and-desist request aimed at quickly ending Germany’s involvement in bond purchases by the European Central Bank.

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

GOP Bid to Rewrite Tax Code Stalls Over How to Offset Cuts

Republicans started 2017 with high tax-policy ambitions, seeing an opportunity to use unified control of government to achieve a long-running party goal. But GOP lawmakers’ boldest ideas for changing the nation’s tax code are either dead or on political life support.

from WSJ.com: US Business http://ift.tt/2sh2Raq
via IFTTT

Fed Likely to Raise Rates in June, Spell Out Asset-Sale Plan

Federal Reserve officials are likely to raise short-term interest rates at their meeting in two weeks and announce their framework for shrinking a $4.5 trillion portfolio of bonds and other assets later this year.

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

Credit Scores Hit Record Highs as Recession Wounds Heal

Americans’ average credit score hit 700 in April, the highest since at least 2005, leading to more credit available to more consumers at a cheaper cost.

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

Kicking the Tires on the Rundown Retail Sector

Retail clothing sales are falling, forcing a deepening retrenchment at major retailers that is hammering their results and their shares.

from WSJ.com: US Business http://ift.tt/2sh3Ibh
via IFTTT

Nintendo Battles Apple for Parts as Switch Demand Rises

Nintendo’s biggest battle these days isn’t against other game makers. It’s against companies like Apple that are gobbling up the same parts the Kyoto-based company needs to make its hit Switch machine.

from WSJ.com: US Business http://ift.tt/2sgX5pj
via IFTTT

Court Documents Shed Light on Theranos Board's Response to Crisis

Two former Theranos directors said they didn’t follow up on public allegations that the blood-testing firm was relying on standard technology rather than its much-hyped proprietary device for most tests, according to newly released court documents.

from WSJ.com: US Business http://ift.tt/2riN8KJ
via IFTTT

Bill Simmons Signs Deal to Move Sports Site to Vox Media

Bill Simmons has signed a deal to move his sports and culture website, the Ringer, off Medium and onto Vox Media’s platform, Vox executives have announced.

from WSJ.com: US Business http://ift.tt/2riVnX7
via IFTTT

Ryanair Profit Edges Up

Ryanair posted a 6% rise in net profit for the past financial year after Britain’s decision to exit the EU and terrorist attacks weighed on earnings, and the airline said growth this year would advance amid stronger bookings.

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

Dutch Court Backs Akzo Nobel in Dispute With Elliott Management

U.S. activist investor Elliott Management lost a legal battle to try to remove Akzo Nobel’s chairman, heaping pressure on PPG Industries to make a hostile bid for the rival Dutch paint and chemicals giant or abandon its monthslong takeover pursuit.

from WSJ.com: US Business http://ift.tt/2rz6BrC
via IFTTT

China Huishan Faces Corporate-Governance Meltdown

One of China’s largest dairy companies is facing a corporate-governance meltdown: All of its board members except its chairman have left since a fateful day in March, when the company’s shares plunged 85% in a single trading session.

from WSJ.com: US Business http://ift.tt/2s81HPl
via IFTTT

Nearly Washed Up in the U.S., 'Pirates' Finds Loot Overseas

Johnny Depp and his “Pirates” crew took on water during a slow Memorial Day weekend at the domestic box office but found treasure overseas.

from WSJ.com: US Business http://ift.tt/2s8eoK3
via IFTTT

Republicans Face Rifts Over Spending Bills

Congressional Republicans disagree internally over how to win support for appropriations from within the party and from Democrats to avoid a partial government shutdown Oct. 1.

from WSJ.com: US Business http://ift.tt/2s71Ceq
via IFTTT

British Airways Faces Third Day of Flight Disruption After IT Outage

British Airways said a far-reaching computer outage would disrupt flights for a third day and pledged to avoid a repeat of the events that led to hundreds of canceled flights over the weekend.

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

High-Priced Drugs Raise Costs For Seniors in Medicare Part D

An analysis of government data by The Wall Street Journal found expensive medicines are increasingly denting the pocketbooks of seniors and other beneficiaries in Medicare’s prescription-drug program, known as Part D.

from WSJ.com: US Business http://ift.tt/2se3Zvs
via IFTTT

Luxury Fashion Brands Start to Sell on China's WeChat App

Tencent Holdings is courting luxury fashion brands to WeChat, China’s most popular messaging app, potentially opening a new channel in online retail.

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

Hotels Remove Welcome Mat for Online Travel Agencies

Marriott, Hilton and InterContinental Hotels are using extensive marketing campaigns to claw back business from Expedia and Priceline, which steer customers to hotel properties but also take hefty commissions.

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

BMW Slows Some Production Due to Parts Shortage From Supplier Bosch

BMW AG, the German luxury car maker, is slowing or halting production of certain models in response to a shortage of parts caused by delivery problems from supplier Bosch GmbH.

from WSJ.com: US Business http://ift.tt/2rg4EiF
via IFTTT

The Quest for 10-Minute Pizza Delivery

Domino’s Pizza in Brisbane, Australia, is perfecting a pizza delivered in 10 minutes, door to door, in its fight to maintain a competitive edge against mobile tech-fueled food-delivery apps and services.

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

Sharp Sees Salvation in Appliances

The recovery plan for troubled Japanese electronics maker Sharp: Become a major global appliance maker under the wing of its Taiwanese parent, Foxconn Technology Group.

from WSJ.com: US Business http://ift.tt/2s7NS2y
via IFTTT

British Airways Cancels Flights After Computer Failure

A far-reaching computer outage forced British Airways to cancel a large number of flights and warn of further disruption Sunday during one of the U.K.’s busiest travel weekends and the long Memorial Day break in the U.S.

from WSJ.com: US Business http://ift.tt/2qmIZ97
via IFTTT

Book Show Brings Politics to the Forefront

Politics will be front and center at BookExpo, the book-publishing industry’s annual trade show that opens Wednesday in New York. Hillary Clinton is expected to speak about her untitled memoir on her experiences during the 2016 campaign.

from WSJ.com: US Business http://ift.tt/2r7t1gq
via IFTTT

Chairman of Meatpacker at Center of Brazil Corruption Probe Resigns

Brazil’s JBS, the meatpacker at the center of the country’s vast corruption scandal, said Friday that billionaire Joesley Batista has stepped down as the company’s chairman.

from WSJ.com: US Business http://ift.tt/2qoNOe0
via IFTTT

NASA's Latest Capsules Expected to Pose Greater Risks Than Originally Projected

NASA’s next-generation manned spacecraft, initially envisioned to be roughly 10 times safer than the retired space shuttle fleet, will fall significantly short of that goal, according to industry and former agency officials.

from WSJ.com: US Business http://ift.tt/2rI2DMN
via IFTTT

Newell Continues Reshaping Itself by Punting Its Winter Sports Business

Newell Brands reached a deal to sell its Winter Sports Business to private-equity firm Kohlberg for about $240 million, in its latest move to pare down its portfolio.

from WSJ.com: US Business http://ift.tt/2qsEo0n
via IFTTT

Payless Vendors Take Aim at Company's Debt Restructuring

Payless ShoeSource Inc.’s vendors and suppliers are crying foul at the bankrupt shoe retailer’s lender-backed debt restructuring.

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

Rome Court Ruling Allows Uber to Continue Service in Italy

A Rome court issued a ruling Friday that will allow Uber Technologies Inc. to continue providing its car-booking service in Italy, revoking an order to suspend its service in the country earlier this spring.

from WSJ.com: US Business http://ift.tt/2qXcX2a
via IFTTT

Author Crusaded for Organic Food Long Before It Was a Big Business

Beatrice Trum Hunter wrote dozens of books, including “The Natural Foods Cookbook.” She also served as food editor of Consumers’ Research Bulletin and wrote hundreds of articles. She died May 17 at 98.

from WSJ.com: US Business http://ift.tt/2qs1WTb
via IFTTT

Amazon's Brush With $1,000 Signals the Death of the Stock Split

Stock splits, once considered a way to keep shares affordable for mom-and-pop investors, are rare today as companies aspire to new heights.

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

Trump's Fix for Post Office's Deep Losses: Cut Back Saturday Delivery

President Donald Trump’s proposed budget would let the U.S. Postal Service cut back on delivery days, a move that helps the unprofitable agency save money while putting it at odds with longstanding congressional demands.

from WSJ.com: US Business http://ift.tt/2qsfi1z
via IFTTT

Anadarko's Colorado Operations Draw Criticism After Second Deadly Blast

A second deadly accident in Colorado involving Anadarko Petroleum Corp. is spurring criticism of the company’s oil and gas operations in the state.

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

Caesars, Exiting Bankruptcy, Seeks Growth Beyond Gambling

The casino giant, close to wiping out $10 billion in debt, faces a shifting market.

from WSJ.com: US Business http://ift.tt/2qs7eOk
via IFTTT

CEA Nominee Hassett Worked as Citigroup Consultant

Financial disclosures filed by Kevin Hassett show the nominee to be chairman of the White House Council of Economic Advisers worked as a consultant for Citigroup Inc., whose ties with the previous administration rankled some Democrats.

from WSJ.com: US Business http://ift.tt/2qkob2g
via IFTTT

Rural America Is the New 'Inner City'

A Wall Street Journal analysis shows that since the 1990s, sparsely populated counties have replaced large cities as America’s most troubled areas by key measures of socioeconomic well-being—a decline that’s accelerating.

from WSJ.com: US Business http://ift.tt/2rpey2p
via IFTTT

Treasury Chief's Fiancée Will Resign From Ratpac-Dune CEO Post

Steven Mnuchin’s fiancée will resign from her temporary role as CEO of the film financing company he founded, leaving when he divests his interest in the company by mid-June, the Treasury Department said.

from WSJ.com: US Business http://ift.tt/2r60XMx
via IFTTT

Leaders to Confront Trump at G-7 on Climate and Trade

Trans-Atlantic tensions over trade and climate change hung over the start of the Group of 7 summit Friday in Sicily, the last stop in President Donald Trump’s first overseas trip since taking office.

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

China Exerts More Control Over Its Currency With Tweak to Yuan Fix

China’s central bank is adjusting the mechanism for setting the currency’s daily fix to smooth out fluctuations against the dollar, an acknowledgment that the country is hitching the yuan’s value closer to the U.S. currency.

from WSJ.com: US Business http://ift.tt/2r3MuP6
via IFTTT

U.S. GDP Growth Revised Up to 1.2% Rate in First Quarter

U.S. economic growth in early 2017 was stronger than initially thought, and broad growth is poised to pick up in the current quarter.

from WSJ.com: US Business http://ift.tt/2qj2BeC
via IFTTT

U.S. Durable Orders Down 0.7% in April

Demand for long-lasting factory goods fell in April, hinting at potential speed bumps for the manufacturing sector.

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

Why All CEOs Need to Be Tech CEOs

Wall Street, long obsessed with quarterly profits, has a message for chief executives of big established companies: Pick up the pace of innovation and make riskier bets sooner.

from WSJ.com: US Business http://ift.tt/2qiQ7DO
via IFTTT

Viacom Networks to Return on Suddenlink Communications

Viacom Inc.’s television networks will make at least a limited return to the lineup of Suddenlink Communications, ending a more than two-year dispute over costs to carry the media giant’s channels.

from WSJ.com: US Business http://ift.tt/2r3kvPq
via IFTTT

CEOs Urge Trump to Limit Scope of Nafta Changes to an 'Update'

In a letter to the White House, the top executives of 32 major companies said they are willing to work with the administration on a “modernization” of the deal rather than on an overhaul that starts from scratch.

from WSJ.com: US Business http://ift.tt/2qlKu3F
via IFTTT

Wells Fargo Sweetens Broker Recruitment Bonuses

Wells Fargo & Co. is sweetening its signing bonuses for veteran brokers, a move to capitalize on Morgan Stanley’s and Merrill Lynch’s retreat from the industry’s costly recruiting practice known as “prisoner exchange.”

from WSJ.com: US Business http://ift.tt/2rWd0tG
via IFTTT

Startup's Rocket Reaches Space, but Falls Short of Orbit

RocketLab, a startup widely seen as a trailblazer for frequent, ultralow-cost access to space, failed to reach orbit on its first flight.

from WSJ.com: US Business http://ift.tt/2rmKJ2k
via IFTTT

Sean Hannity Loses Some Advertisers After Advancing Conspiracy Theory

Cars.com and a handful of sponsors have pulled their ads from the Fox News star’s nightly opinion show after he advanced a conspiracy theory about the death of Democratic National Committee staffer Seth Rich.

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

Appian Shares Leap 35% After IPO

Shares of Appian Corp., a maker of software for developing enterprise applications, jumped 35% to $16.22 after its initial public offering Thursday.

from WSJ.com: US Business http://ift.tt/2qkAZ4K
via IFTTT

Activist Investor's Pressure Builds on BHP Over Energy

The clash between BHP Billiton Ltd. and activist hedge fund Elliott Management Corp. is narrowing to one issue that could determine the future of the Anglo-Australian mining giant: Should it remain in the oil and gas business?

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

Trump Officials Offer Differing Views on Tax Plan

The Trump administration intends to offer a tax plan that will pay for itself without factoring in potential economic growth that could stem from the plan, the White House budget director told senators, apparently marking a sudden and significant shift in the administration’s priorities.

from WSJ.com: US Business http://ift.tt/2qok4gV
via IFTTT

Millennials Want to Buy Homes but Aren't Saving for Down Payments

Most millennials have saved virtually nothing for a down payment on a home, according to a new study, suggesting many will face steep obstacles to homeownership in the years ahead.

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

Ad Agencies Target Cannes Festival Amid Broader Cost-Cutting

Ad agencies are looking to trim costs, from hiring to spending on Cannes, as the ad business runs into headwinds.

from WSJ.com: US Business http://ift.tt/2rZGI09
via IFTTT

GM Sued by Diesel Truck Owners Over Emissions

General Motors Co. was accused in a lawsuit by owners of diesel-powered trucks of using illegal emissions software that allowed the vehicles to bypass government emissions tests and pollute far beyond legal limits on the road.

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

Best Buy Defies Retail Doldrums, Posting Higher Sales

Best Buy continued to buck the retail funk and post rising sales, as videogame consoles like the Nintendo Switch and new cellphone plans drove customers to its stores in the latest quarter.

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

Investors Want Saudi Aramco to Untangle Itself from Saudi Arabia---It Won't Be Easy

The kingdom is hoping to launch what would be the world’s largest IPO, but first it has to decide whether the oil giant will continue as a de facto arm of the royal family. One recent project: a camel beauty pageant dear to King Salman.

from WSJ.com: US Business http://ift.tt/2qgnl6B
via IFTTT

Ford Announces More Management Changes

Ford Motor Co. continues to shake up its top management team following the ouster earlier this week of former Chief Executive Mark Fields and the appointment of Jim Hackett as the No. 2 U.S. auto maker’s new boss.

from WSJ.com: US Business http://ift.tt/2qT5nWp
via IFTTT

Each Cigna Employee to Get Five Shares

Cigna plans to give every employee five shares of stock, an unusual move that the company said was aimed at bolstering employee commitment as it moves ahead after the demise of its merger deal with Anthem.

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

Google Goes to China, Making Play for Talent and Attention

A friendly game of Go in the picturesque city of Wuzhen has given Google an opening to return to China’s good graces, seven years after it left the country over government censorship of its namesake search engine and hacks of its Gmail service.

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

Coal Mines Reimagined as New Power Source

Coal-mine companies in the U.S. and Germany are trying to turn their old mines into enormous power-storage systems, using century-old technology to keep the lights when a shortage of wind or sun makes new technologies inadequate.

from WSJ.com: US Business http://ift.tt/2qg05FH
via IFTTT

Signet Loses Shine as Sales Retreat, Will Sell its Credit Portfolio

Shares of Signet Jewelers Ltd. fell in premarket trading Thursday as the jewelry store operator widely missed quarterly earnings expectations with same-store sales falling 11.5%, pressured by the later timing of the Mother’s Day holiday.

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

Microsoft Tries to Take On Twitch at Videogame Live-Streaming

Microsoft on Thursday is launching its own videogame live-streaming service called Mixer, setting up yet another battle among some of the biggest names in the technology industry.

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

The Search Ace Standing Between Baidu and Irrelevance

For much of the past two decades, Qi Lu, a search-technology whiz, waged losing battles against Google, first at Yahoo then at Microsoft’s Bing. Now, he says he can shape China’s Baidu into a worthy competitor in artificial intelligence.

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

U.S. Jobless Claims Rose Slightly Last Week

he number of Americans applying for first-time unemployment benefits ticked up last week, though overall numbers remain consistent with steady job gains.

from WSJ.com: US Business http://ift.tt/2r00bR0
via IFTTT

China Hitches Yuan to the Dollar, Buying Rare Calm

China’s central bank appears to have effectively pegged the Chinese yuan to the dollar in recent weeks, a policy twist that has helped stabilize the currency in a year of political transition.

from WSJ.com: US Business http://ift.tt/2rYan9N
via IFTTT

BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks

Two of the world’s largest asset managers are strongly considering a public rebuke to Exxon Mobil over climate change at the company’s annual meeting next week, according to people familiar with the matter.

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

China's Lenovo Reboots After Losing PC Crown to HP

China’s Lenovo Group is shaking up its operations as it seeks to reclaim the title of global leader in personal computers and shore up its smartphone business.

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

France's Safran Cuts Offer for Zodiac Aerospace by About 15% to $8.2 Billion

French aerospace supplier Safran said it cut its bid price for Zodiac Aerospace about 15% to about $8.2 billion after renewed profit headwinds came to light at the beleaguered plane cabin-interior specialist.

from WSJ.com: US Business http://ift.tt/2rjor1H
via IFTTT

Whatever You Do, Don't Let Your Snapstreak End Tonight

Snapchat hooked the masses on sending friends photos that disappear. Now teens and millennials do whatever it takes to keep daily messaging streaks alive. ‘Some people overreact a little’

from WSJ.com: US Business http://ift.tt/2qdOo2i
via IFTTT

Former VW Compliance Executive Awaiting Trial to Remain in Prison

The Sixth U.S. Circuit Court of Appeals in Cincinnati on Wednesday affirmed a district judge’s order keeping Oliver Schmidt behind bars in Michigan amid concerns he would flee the country if released on a $1.6 million bond.

from WSJ.com: US Business http://ift.tt/2qXL3nm
via IFTTT

Ford's Exiting CEO to Get Part of Bonus, Promised Stock Awards

Ford will pay outgoing Chief Executive Mark Fields a sizable portion of a promised bonus for 2017, all of the promised stock awards for the year and temporary use of company aircraft as part of an exit package outlined Wednesday.

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

Your Data Is Way More Exposed Than You Realize

Think online privacy is no big deal? You better sit down: Geoffrey A. Fowler shows how much of your personal information is out there, and how it can be used to target or harass.

from WSJ.com: US Business http://ift.tt/2rREKQ5
via IFTTT

Another Insurer Leaves Missouri's Affordable Care Act Exchange

Blue Cross and Blue Shield of Kansas City says it lost more than $100 million through 2016 offering exchange insurance plans

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

Fed Minutes Show Officials at Last Meeting Expected to Raise Rates Soon

Federal Reserve officials expected at their policy meeting earlier this month that it would “soon be appropriate” to raise short-term interest rates once again, according to minutes of the gathering released Wednesday, a signal the U.S. central bank could lift its benchmark rate at its next gathering in June.

from WSJ.com: US Business http://ift.tt/2rUVy82
via IFTTT

GE Will Need More Cost Cuts to Hit 2018 EPS Goal, CEO Says

CEO Jeff Immelt is standing by a closely watched goal of generating $2 a share in earnings in 2018, but he signaled Wednesday that struggling resources markets pose a risk to reaching the target.

from WSJ.com: US Business http://ift.tt/2qWRO8L
via IFTTT

Cerburus, American Eagle Work on Joint Abercrombie Bid

Private-equity firm Cerberus Capital is working on a bid for teen-apparel retailer Abercrombie & Fitch alongside American Eagle, which could give American Eagle a leg up in the pursuit of its struggling rival.

from WSJ.com: US Business http://ift.tt/2rUNMv6
via IFTTT

Administration Exploring Looking Beyond 10-Year Budget Window for Tax Plan

White House budget director Mick Mulvaney said the administration is open to extending the 10-year budget scoring window for its tax plan to get around congressional rules that forbid bigger deficits after a decade.

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

Trump's Nationalism Veers Right While May's Shifts to Center

The conservative parties in the U.S. and U.K., buoyed by a nationalist push against immigration and trade, face a once-in-a-generation choice: shift toward small-government conservatism, or reach across traditional divides by appealing to workers? Trump and May appear to have chosen differently.

from WSJ.com: US Business http://ift.tt/2qgLt4U
via IFTTT

Investor Loeb to Seek Changes to Dow-DuPont Post-Merger Plan

Activist investor Dan Loeb plans to publicly push for changes to the complicated combination and breakup of Dow Chemical and DuPont, according to a presentation reviewed by The Wall Street Journal.

from WSJ.com: US Business http://ift.tt/2rUF7c4
via IFTTT

What J.Crew Missed: Technology's Radical Impact on Retail

Fashion executive Mickey Drexler concedes he didn’t see how speed and price would drive web shoppers. After 10 quarters of falling sales, the retailer wants to create a more accessible image and add digital marketing.

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

Chief of Federal Student-Aid Programs Resigns

The head of the U.S. government’s student-aid programs resigned Tuesday night, two days before a House hearing on potential improper payments in the programs.

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

Videogame Software Startup Unity Is Valued at $2.8 Billion

Unity Technologies is putting the finishing touches on a $400 million funding round of financing that values the videogame technology company at about $2.8 billion, according to people familiar with the matter.

from WSJ.com: US Business http://ift.tt/2qbTZX1
via IFTTT

IKEA CEO Quits Less Than Four Years Into the Job

IKEA Chief Executive Peter Agnefjäll has resigned in a surprise move less than four years after formally stepping into the role.

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

Gillette Faces New Attack From an Old Razor Rival

Edgewell Personal Care Co., maker of Schick, the No. 2 U.S. razor brand, is mounting a direct challenge to the Procter & Gamble unit with an online subscription service that sells blades that fit on a Gillette handle but cost less.

from WSJ.com: US Business http://ift.tt/2qPdpQ7
via IFTTT

Tech Startups Feel Squeeze as Obamacare Uncertainty Mounts

Many health-technology startups are revamping their business strategies and others are finding it tougher to attract fresh capital as they confront the possible repeal of the Affordable Care Act.

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

Why Earnings Have Investors Feeling So Happy

Earnings at U.S. companies grew at the fastest pace in the first quarter in nearly six years, the latest boon to a bull market that has stretched into its ninth year.

from WSJ.com: US Business http://ift.tt/2qP9keA
via IFTTT

Chinese Car Maker Geely Expands Fleet With Lotus, Proton Deals

The Chinese auto maker that owns Volvo Cars plans to acquire a large stake in the Malaysian parent of Lotus—and a majority of the British sports-car brand itself—as it looks to further extend its global reach.

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

HP Earnings: What to Watch

HP Inc. is scheduled to report fiscal second-quarter results on Wednesday.

from WSJ.com: US Business http://ift.tt/2qP6RB4
via IFTTT

World Trade Flows Suggest Strong Economic Growth This Year

World trade flows grew in the first quarter, continuing a recovery that began in the second half of last year in an indication that the global economy may be set to enjoy a year of stronger growth.

from WSJ.com: US Business http://ift.tt/2qjxBX1
via IFTTT

In Downgraded China, Echoes of Japan's Boom and Bust

Some economists have warned that China faces the same fate as Japan, with a debt-fueled boom followed by years of stagnation. After Moody’s decision to downgrade China on Wednesday, the two countries at least now have sovereign credit ratings, at A1, to match.

from WSJ.com: US Business http://ift.tt/2rzyeA6
via IFTTT

Fed Minutes to Offer Clues on Debate Over Path of Rate Increases

The Federal Reserve on Wednesday will release minutes of its May 2-3 policy meeting, which could shed light on the central bank’s plans for raising interest rates and reducing its $4.5 trillion balance sheet. Here are five things to watch for.

from WSJ.com: US Business http://ift.tt/2rTof5x
via IFTTT

Mexico and Canada Want Nafta Talks With U.S. to Be Trilateral

Mexico and Canada officials said negotiations to update Nafta with the U.S. should be trilateral as a matter of common sense, and that replacing it with bilateral pacts would be impractical.

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

Ford CEO, Lieutenants Seek to Carve Out Strategy in Evolving Car Industry

The top agenda item for Ford CEO Jim Hackett is carving out a clear strategy for the auto maker’s role in an evolving car business. For just about everything else, he can rely on Joe Hinrichs and Jim Farley.

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

How American Shale Drillers Flipped OPEC's Script

When OPEC agreed to curtail production to bolster crude prices, it was betting U.S. shale drillers would be too weak to fill the void. But with Wall Street behind them, American producers have put the cartel on its heels.

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

In Modern Cyber War, the Spies Can Become Targets, Too

Over the past eight months, a mysterious hacking group released what it says are National Security Agency computer-espionage secrets. Former intelligence officials now fear the hackers are taking a new tack: exposing the identities of the NSA computer-hacking team.

from WSJ.com: US Business http://ift.tt/2rT0p9L
via IFTTT

FDA Approves Merck's Keytruda to Treat Cancers With Genetic Defects

The U.S. Food and Drug Administration approved Merck & Co.’s Keytruda drug to treat tumors with a certain genetic defect—the first time the agency has cleared a cancer drug for a use not tied to the site of a tumor.

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

Uber Shortchanged New York City Drivers by Millions of Dollars

Uber said it mistakenly underpaid New York City drivers for the past 2½ years, the second time in three months the ride-hailing company has acknowledged it deprived workers of earnings.

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

Glencore Makes Takeover Approach to Bunge

Glencore PLC has made a takeover approach to grain trader Bunge Ltd., people familiar with the matter said, a move that would make the Swiss mining giant a major player in the U.S. agriculture market.

from WSJ.com: US Business http://ift.tt/2qgRJJ1
via IFTTT

Arconic's Challenges Remain Despite Elliott Settlement

The settlement reached between Arconic and Elliott Management puts an end to a big distraction, but it doesn’t change the aluminum-products maker’s tough task of meeting aggressive sales and profit goals set by the activist investor.

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

It's Not TV, It's AT&T

AT&T Inc.’s chief plans to take a hands-on role running Time Warner Inc., giving his executive team broad influence over the sports and entertainment company that the telecommunications provider hopes to acquire.

from WSJ.com: US Business http://ift.tt/2qgZ0Zo
via IFTTT

Target to Pay $18.5 Million to Settle Massive 2013 Data Breach

Target Corp. on Tuesday agreed to pay $18.5 million to resolve an investigation by state prosecutors into its massive 2013 hack, a deal that represents the largest multi-state data breach settlement in history.

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

House GOP Tries to Keep Border-Adjusted Tax Alive

The tax idea that has sparked a monthslong corporate lobbying battle got its moment in the spotlight Tuesday, but its political future still looks dim.

from WSJ.com: US Business http://ift.tt/2qdvV1K
via IFTTT

How a Star Engineer Sparked a War Between Google and Uber

Anthony Levandowski started outside tech companies while working for Google, which alleges he took driverless-car secrets to Uber.

from WSJ.com: US Business http://ift.tt/2qcZ7pO
via IFTTT

U.S. Nears Suing Fiat Chrysler Over Diesel Emissions

The Justice Department is near suing Fiat Chrysler and alleging the Italian-American auto maker used illegal software to cheat on government emissions tests, despite a recent proposal from the company to regulators on fixing the technology.

from WSJ.com: US Business http://ift.tt/2rwSKl0
via IFTTT

Can Ford's New Chief Pull Off Another Michigan Miracle?

Jim Hackett made his mark as a change agent by recruiting football coach Jim Harbaugh to Michigan in 2014.

from WSJ.com: US Business http://ift.tt/2rdO7g8
via IFTTT

Facebook Tool Handles Media Companies' Video Ad Sales

Facebook is testing a new tool designed to help media companies sell video advertising on their own websites, apps and other digital properties in a more automated fashion, the company said Tuesday.

from WSJ.com: US Business http://ift.tt/2rMSv2z
via IFTTT

Trump Budget Would Cut Medicaid, Rely on Rosy Growth Projection

President Donald Trump’s proposed $4.1 trillion spending blueprint amounts to a sweeping overhaul of the social safety net while projecting a big boost to economic growth that could be difficult to achieve.

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

Nice 3% Target, Mr. Trump. How Will You Get There?

The president’s first budget sets a worthy objective of sustained 3% economic growth, but offers no rigorous plan, at least in what was released Monday, to back it up.

from WSJ.com: US Business http://ift.tt/2rwFzR3
via IFTTT

U.S. New-Home Sales Fell More Than Expected in April

New-home sales fell sharply in April after reaching a nine-year high the prior month, a possible sign of weaker demand after a run-up in prices.

from WSJ.com: US Business http://ift.tt/2rMlJ1x
via IFTTT

Microsoft's New Surface Pro Borrows From the Family to Revive Sales

Microsoft on Tuesday is introducing a new Surface Pro, hoping to revive sales of the product line after a stinging slide in the most recent quarter.

from WSJ.com: US Business http://ift.tt/2rd0wAH
via IFTTT

Donald Trump's Balanced Budget Goal Rests on Questionable Math

President Donald Trump’s claim that his budget will erase the deficit in 10 years relies on an accounting gimmick.

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

One Trick for Getting Bosses to Buy In to Your Idea

How do far-flung employees win support for their projects from bosses at company headquarters? Well-timed travel may be the key.

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

China's Great Firewall Leaves Google With Dry Stream at Man-vs.-Machine Battle

The lack of an accessible live stream in China of a rematch between the world champion in the game of Go and the U.S. company’s AI player AlphaGo undermined the potential to raise its profile in the Asian country.

from WSJ.com: US Business http://ift.tt/2qcJn61
via IFTTT

China and Russia Take on Airbus and Boeing With New Plane

China and Russia have joined forces to build a large passenger airliner designed to challenge Airbus and Boeing, in the latest sign of strengthening Sino-Russian ties.

from WSJ.com: US Business http://ift.tt/2rwI5Xs
via IFTTT

Sears Pushes Back Debt Payments

Sears Holdings Corp. said Tuesday that it had reached an agreement to extend the maturities for some of its debt.

from WSJ.com: US Business http://ift.tt/2qcm6kQ
via IFTTT

'Still a Question Mark' Around Full Employment, Fed's Brainard Says

It’s too soon to declare victory on the labor market’s recovery from the recession despite recent improvements, Federal Reserve governor Lael Brainard said Monday.

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

Mall Troubles Threaten a Rite of Passage: The Teen Job

A retail-industry shakeout has made hourly jobs at chain stores hard to come by this spring.

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

Labor Movement Makes Pricey Bet in Minimum-Wage Fight

The union movement is placing a pricey bet as it racks up victories in a national push to raise minimum wages for fast-food workers: It’s spending tens of millions of dollars in support of workers who can’t collectively bargain and don’t pay a penny in dues.

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

White House Budget to Kick Off Next Fiscal Fight

President Trump is releasing his fiscal 2018 budget on Tuesday, the beginning of what could be a challenging, lengthy battle in Congress.

from WSJ.com: US Business http://ift.tt/2q6NpB8
via IFTTT

Trump's Budget Seeks Cuts to Taxes, Safety-Net Programs

President Donald Trump on Tuesday will propose a plan he says will balance the federal budget in a decade on the strength of substantially faster economic growth and cuts to taxes and programs such as Medicaid, food stamps, disability benefits, welfare and student loans.

from WSJ.com: US Business http://ift.tt/2rOr9YY
via IFTTT

Eurozone Manufacturing Adds Jobs at Fastest Pace in 20 Years

Eurozone economic recovery maintained momentum in May as the currency area’s manufacturing sector added jobs at the fastest pace in 20 years, while German businesses were more optimistic than at any time since 1991.

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

Chevron Tax Strategy Faces Crackdown

A tax dispute between Australia and Chevron has the potential to cost the company billions of dollars and open a new front in global efforts to crack down on aggressive tax strategies used by many multinationals.

from WSJ.com: US Business http://ift.tt/2qf0PpW
via IFTTT

Nokia and Apple Move From Courtroom Foes to Business Partners

Nokia and Apple have settled long-running intellectual property disputes and agreed to a multiyear patent license, moving from courtroom foes to business partners.

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

WannaCry Malware Has Strong Links to Group Tied to North Korea, Symantec Says

A group linked to North Korea is highly likely behind this month’s global ransomware assault, and the attack more closely resembles the behavior of a crime ring rather than a government-orchestrated campaign, a cybersecurity researcher said.

from WSJ.com: US Business http://ift.tt/2rL4Rbx
via IFTTT

Havas Launches Platform to Track 'Every Penny' of Digital Ad Buys

Ad agency group Havas is launching a platform that will let clients see how much money they’re spending with different vendors online and how those ads are performing.

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

Brazilian Meatpacker JBS Shares Fall 30% Amid Insider-Trading Accusations

Shares of Brazilian meatpacker JBS plunged more than 30%, costing the company about $2 billion, after President Michel Temer accused its owners of insider trading as part of a bitter battle over the country’s corruption scandal.

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

CBS Extends Leslie Moonves's Contract Through 2021

CBS said it reached a two-year contract extension with Chief Executive Leslie Moonves, who is now expected to stay with the media company through June 30, 2021

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

Advertisers Seek to Simplify Agency Pay by Reviving Commissions

Advertisers are changing the way they pay their agencies as they seek more transparency and as the rise of programmatic ad buying complicates fee-based compensation models.

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

Streaming Services Are Music to Vivendi's Ears

A resurgent music industry, fueled by the rise of streaming services, is tempting the parent company of Universal Music Group to cash in on the music company with an initial public offering.

from WSJ.com: US Business http://ift.tt/2qI64Si
via IFTTT

Amid Slide in DVD Sales, Redbox to Rent Some Movies Sooner

Redbox got a boost in its efforts to compete with digital outlets Monday as Hollywood’s largest studio agreed to make its movie discs available earlier in the company’s movie-rental kiosks.

from WSJ.com: US Business http://ift.tt/2qNUk18
via IFTTT

Another Gloomy Day for Amgen

Nothing is going right for Amgen these days. It now says its experimental osteoporosis treatment, Evenity, is unlikely to win approval from the Food and Drug Administration this year.

from WSJ.com: US Business http://ift.tt/2rM5lgA
via IFTTT

Trump Budget Proposes Cuts to Food-Stamp Program

President Donald Trump’s budget on Tuesday will propose a $193 billion reduction in spending on the Supplemental Nutritional Assistance Program, or SNAP, over a decade.

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

Federal Reserve Senior Staffer Timothy Clark to Retire

Timothy Clark, a senior Federal Reserve staffer in charge of banking supervision, is retiring in the latest personnel change at the bank regulator.

from WSJ.com: US Business http://ift.tt/2rLR1or
via IFTTT

Supreme Court Limits Where Patent Suits Can Be Filed

The Supreme Court limited the ability of patent holders to bring infringement lawsuits in courts with plaintiff friendly reputations, which could provide a boost to companies that defend against patent claims.

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

Remember 'Avatar'? Disney Hopes So With Big Bet on Theme Park

Disney is betting the most successful movie ever will help continue a hot streak for its theme park business. But there are concerns about whether tourists will be drawn to a place inspired by an eight-year-old film.

from WSJ.com: US Business http://ift.tt/2rIE3IH
via IFTTT

Huntsman Strikes Merger Deal With Clariant

Huntsman Corp. and Switzerland’s Clariant AG struck a deal to merge, creating a chemicals giant worth about $14 billion as companies in the industry seek ways to cut costs and boost revenue.

from WSJ.com: US Business http://ift.tt/2r9r4CZ
via IFTTT

Amazon's Latest Market Disruption: 1.7 Million Free Bananas

The retail giant has upended the produce market in Seattle after setting up fruit stands around its headquarters.

from WSJ.com: US Business http://ift.tt/2r9C0Rf
via IFTTT

Arconic Nearing Deal to Give Elliott Management Board Seats

Arconic is nearing a deal to give hedge fund Elliott Management seats on its board of directors, a settlement that could end a bruising five-month battle days before the vote.

from WSJ.com: US Business http://ift.tt/2rKOaw8
via IFTTT

Trump to Roll Out First Budget Proposal With Little Fanfare

Traditionally, budget submissions follow a series of highly choreographed events designed to provide sustained and broad exposure to an administration’s policy agenda.

from WSJ.com: US Business http://ift.tt/2q9eK1x
via IFTTT

CEOs Want Their Offices Back

Some bosses are rebelling against the open-office movement, saying productivity and morale have suffered in the service of egalitarianism.

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

China Wants More Private Money for Its State-Owned Energy Giants

Seeking to build national champions to rival the likes of Exxon Mobil, China is moving to boost private investment in its vast oil companies—and may be willing to slash their workforces in the process.

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

Companies Winning the Battle Over Adjusted Earnings

Companies are winning over the SEC in their use of unofficial accounting figures, a year after a crackdown on the practice.

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

Here's Why the Fed Will Stay Central to Markets

With the legacy of expansive stimulus, the Federal Reserve would find it difficult to return to its precrisis role on the sidelines of financial markets, analysts and central-bank watchers say.

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

Taxes, Budget Are Focus for White House

President Trump’s policy agenda faces tests this week as he looks to shift the focus from Russia investigations to his plans for boosting U.S. military power and revamping the tax code.

from WSJ.com: US Business http://ift.tt/2qH7nRL
via IFTTT

Economic Growth in Developed Countries Slows

Economic growth in developed countries slowed sharply in the first three months of 2017, as the U.S., the U.K. and France experienced weak starts to a year that is widely expected to yield an acceleration of the global recovery.

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

Much-Maligned U.S. Infrastructure Shows Signs of Improvement

The Trump administration and congressional Democrats frequently bemoan America’s aging infrastructure and have promised to spending to fix it. Less noisily discussed: The nation is making progress in some key areas of decaying infrastructure.

from WSJ.com: US Business http://ift.tt/2qHeIR9
via IFTTT

Why Millennials Are (Partly) to Blame for the Housing Shortage

As young people and builders have shifted their focus toward trendier urban markets and away from cheaper suburbs, overall housing construction has declined.

from WSJ.com: US Business http://ift.tt/2qbS6EX
via IFTTT

Global Economy Week Ahead: U.S. Home Sales, Fed Minutes, Europe PMI

This week, new- and existing-home sales figures will give a read on U.S. home-buyer demand amid rising prices, the Federal Reserve releases minutes from its May meeting, and a survey of purchasing managers could show if Europe’s economy continues to build momentum.

from WSJ.com: US Business http://ift.tt/2qH4nVk
via IFTTT

Ford to Replace CEO Mark Fields With Jim Hackett

Ford will replace Chief Executive Mark Fields with Jim Hackett, the former head of office-furniture maker Steelcase who joined the auto maker in 2016 to explore new ventures in ride hailing, car sharing and self-driving vehicles.

from WSJ.com: US Business http://ift.tt/2q1qZks
via IFTTT

Airbus Sets Up New Group to Review Compliance Amid Corruption Probes

European plane maker Airbus SE has established a new compliance review group led by outsiders amid allegations of corruption being investigated by British and other fraud watchdogs.

from WSJ.com: US Business http://ift.tt/2q8FgYB
via IFTTT

How a Plague on the Movie and Music Industries Became Their Chief Protector in China

Chinese search Giant Baidu was once a scourge of Hollywood and the U.S. music industry, which accused it of being a pipeline for pirated content. Today when Baidu is involved in a copyright infringement case, chances are it is the one casting the blame.

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

Law Firms Finally Say: It's OK to See a Therapist

On-site psychologists and other wellness initiatives are becoming more common place in the legal industry, which has long been known for higher rates of substance abuse, depression and suicide.

from WSJ.com: US Business http://ift.tt/2q0qaIW
via IFTTT

Arconic Board Vote to Test Power of Activist Investors

The future of Arconic Inc. is up for grabs this week in a tightly fought shareholder vote that will test the growing power of activist investors.

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

Subaru Is Betting Big on Staying Small

Prevailing wisdom in the auto business holds that survival depends on getting as large as possible. At Subaru, Chief Executive Yasuyuki Yoshinaga is taking a different road.

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

LeEco Founder to Step Down as CEO of Video Unit

Jia Yueting, the billionaire founder of Chinese technology and entertainment company LeEco Holdings, is stepping down as CEO of its listed video unit after an investor had called for stronger corporate governance.

from WSJ.com: US Business http://ift.tt/2qaa5ve
via IFTTT

Saudi Arabia Remains Tough Place to Do Business, Despite U.S. Deals

While the two nations touted more than $400 billion in new deals and potential investments, challenges include a lack of clarity in bankruptcy law, a culture of personal connections and abrupt reversals of government policies.

from WSJ.com: US Business http://ift.tt/2q7eNuO
via IFTTT

Business for Newest 'Alien' Installment Isn't Exactly Out of This World

Ridley Scott’s “Alien” series came down to Earth at the box office this weekend, with the latest installment opening to a so-so $36 million, according to preliminary estimates.

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

All IT Jobs Are Cybersecurity Jobs Now

The recent global ‘WannaCry’ ransomware attack that affected computers in 150 countries and the growing threat of new malware illustrate a basic problem that will only become more pressing as more of our systems become connected.

from WSJ.com: US Business http://ift.tt/2q7noNZ
via IFTTT

Ford Considering Significant Management Changes

Ford is considering significant changes to the auto maker’s senior leadership team amid tension among top executives, dissatisfaction with the stock price and a drive to clarify the company’s strategy.

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

PPG Chief Paints Ambitious Picture in Bid for Dutch Rival

PPG Industries, the world’s largest paint maker, may seem as exciting as watching its products dry. But Chief Executive Michael McGarry, a bowler who likes to keep a low profile, is pursuing Dutch rival Akzo Nobel, in one of the boldest trans-Atlantic bids in recent memory.

from WSJ.com: US Business http://ift.tt/2q7hoov
via IFTTT

How a Toddler Who Loves Eating Transfixed China

2½-year-old Xiaoman is an online sensation, bringing fame, a Pampers ad and questions about her weight.

from WSJ.com: US Business http://ift.tt/2pZK5I2
via IFTTT

Huntsman, Clariant in Talks to Merge

Huntsman and Switzerland’s Clariant are near an agreement to merge, an all-stock deal that would create a chemicals giant with a combined market value of about $14 billion.

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

Rouhani's Win Cheers Iran Business Leaders

Iranian business leaders were relieved Saturday after moderate President Hassan Rouhani, a proponent of foreign investment and engagement with the world, had secured another four years in office.

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

U.S., Saudi Firms Sign Deals Worth at Least $43 Billion

U.S. companies on Saturday signed a slew of business deals in Saudi Arabia worth at least $43 billion, solidifying the U.S.-Saudi commercial relationship as the kingdom’s economy cracks open.

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

Got Milk? Too Much of It, Say U.S. Dairy Farmers

U.S. dairy farmers made a big bet on strengthening global demand for their milk, but it hasn’t panned out due to economic troubles in some emerging economies and a world-wide boom in agricultural output.

from WSJ.com: US Business http://ift.tt/2rCXOR6
via IFTTT

Banks Want a Piece of the Payday-Loan Pie

Financial firms, spurred by the Trump administration’s promises to deregulate, hope to return to offering short-term, high-interest loans after being pushed out of the sector by Obama-era rules

from WSJ.com: US Business http://ift.tt/2qES1xu
via IFTTT

How SoftBank and Saudi Arabia Settled Their Differences to Birth the World's Biggest Tech Fund

SoftBank is poised to launch a $100 billion technology fund as early as Saturday, capping months of arduous negotiations in which the Japanese tech giant haggled with the fund’s main Saudi investor over control of the money, investment strategy and questions about its commitment.

from WSJ.com: US Business http://ift.tt/2rBQ8Q0
via IFTTT

Ford Awards Several Top Executives One-Time Retention Bonuses

Ford Motor Co. has awarded one-time retention bonuses to four top executives, a move that comes as the No. 2 U.S. auto maker battles a languishing stock price, profit pressure and cooling sales in its core U.S. market.

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

Still 2007: Year Regains Perch Atop Deal-Making Chart

The year 2007 has reclaimed its title as the biggest for global deal-making. With $4.3 trillion in global deals, 2007 was unseated two years ago by 2015, which ended with $4.7 trillion in announced deals. But since then, many of those deals have unraveled.

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

Is the Retro Adidas Craze Over? Foot Locker Says So

The Adidas retro craze that upended the athletic-shoe market a few years ago has cooled, Foot Locker said as it reported lackluster quarterly results.

from WSJ.com: US Business http://ift.tt/2q1EE7r
via IFTTT

Formula E Racing Shifts Into High Gear

What’s whiny, eco-friendly and found mostly in urban environments? The electric race car auto makers hope will draw a millennial audience to motor sports.

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

Oprah's Star Money Manager Moves On

Oprah Winfrey’s money manager, Peter Adamson, has stepped down as chief investment officer of her family office to take on that role for another Los Angeles-area billionaire, Eric Smidt.

from WSJ.com: US Business http://ift.tt/2r1nomF
via IFTTT

JBS Executive Says He Illegally Paid Millions to Brazil Leaders

The chairman of meatpacking giant JBS has told prosecutors he made millions of dollars of illegal payments to Brazilian President Michel Temer and his predecessors, Dilma Rousseff and Luiz Inácio Lula da Silva.

from WSJ.com: US Business http://ift.tt/2r1cjlB
via IFTTT

Fiat Chrysler Plans Emissions Modifications on Diesel SUVs, Trucks

Fiat Chrysler Automobiles NV plans to modify more than 100,000 diesel-powered vehicles in an attempt to resolve allegations it installed software that allowed them to pollute beyond U.S.legal limits.

from WSJ.com: US Business http://ift.tt/2rA86SZ
via IFTTT

Steward Health Care to Buy Iasis Healthcare for $1.9 Billion

Hospital operator Steward Health Care System will acquire Iasis Healthcare for $1.9 billion, roughly doubling to 36 the number of hospitals it will operate.

from WSJ.com: US Business http://ift.tt/2r1uhob
via IFTTT

AT&T Wireless Store Workers Threaten Weekend Strike

Thousands of AT&T employees prepared to walk off the job this weekend to demand more protections for retail workers, call-center staffers and technicians.

from WSJ.com: US Business http://ift.tt/2r10Mmn
via IFTTT

HTC Global to Buy IT Consultant Ciber for $93 Million

Ciber Inc. won court approval to sell its assets to HTC Global Services Inc., after the company prevailed with a $93 million bid in an auction this week.

from WSJ.com: US Business http://ift.tt/2rA49xA
via IFTTT

U.S. Household Financial Health Improved in Recent Years

Most Americans are doing better financially than a few years ago, although the degree of improvement rises with a person’s education level, according to a new Federal Reserve survey.

from WSJ.com: US Business http://ift.tt/2rmn5Tl
via IFTTT

Europe Inc. Sprints Ahead of U.S.

Big European companies are riding a return of consumer confidence, ringing up their fastest growth in profits in seven years and outpacing U.S. counterparts.

from WSJ.com: US Business http://ift.tt/2q4mVeq
via IFTTT

Eurozone Consumer Confidence at Highest Level in Nearly a Decade

The victory of a pro-European centrist in France’s presidential election has delivered a further boost to already high consumer confidence in the eurozone.

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

The Blind Spot in a Sharing Economy: Tax Collection

A loophole is helping gig-economy workers, online sellers and home-sharing hosts who want to cheat on their taxes. Because the IRS in many cases isn’t notified of a worker’s income, taxes remain unpaid. For others, the system is bewildering.

from WSJ.com: US Business http://ift.tt/2rz08J5
via IFTTT

Connecticut, Nation's Wealthiest State, May be Tapped Out on Taxing the Rich

Connecticut, with the highest per capita income in the country, is staring down a projected $5.1 billion two-year budget hole and looking for options other than raising taxes on its wealthy residents.

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

Deere Shares Jump as Demand Improves

Deere sharply raised its sales growth and profit forecasts for this year as the world’s largest farm-equipment manufacturer said it saw modestly higher demand.

from WSJ.com: US Business http://ift.tt/2q0fZjx
via IFTTT

Uber Threatens to Fire Self-Driving Car Executive

Uber threatened to fire Anthony Levandowski, the top driverless-car engineer at the center of its legal battle with Google parent Alphabet, if he doesn’t comply with a court order to turn over any files that he might have.

from WSJ.com: US Business http://ift.tt/2q088lR
via IFTTT

TV Executives Bash Digital Rivals While Talking Up Digital's Promise

In presentations this week to promote programming for the 2017-18 season, sales executives from major cable and broadcast networks had to pull off a carefully orchestrated balancing act.

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

SK Hynix, Bain to Join in Bid for Toshiba Chip Business

South Korean chip maker SK Hynix and U.S. private-equity firm Bain Capital plan to bid between $9 billion and $13.5 billion for more than half of Toshiba’s memory-chip business.

from WSJ.com: US Business http://ift.tt/2q05BYN
via IFTTT

Budget Airline Soars in Vietnam, but No More Bikini Models

Nguyen Thi Phuong Thao has become Vietnam’s first female billionaire with VietJet, a budget carrier that has surpassed the state-owned carrier in market capitalization.

from WSJ.com: US Business http://ift.tt/2rl3keF
via IFTTT

Facebook Embraces Esports in Its Video Strategy Shift

Facebook is paying professional videogame teams and others in the esports industry to post videos on the social network, part of a shift in strategy to deliver more-polished programming to the company’s nearly two billion monthly users.

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

How Ailes's Death Affects Lawsuits

The death of former Fox News chairman Roger Ailes leaves an uncertain future for the lawsuits filed by women who have accused him of sexual harassment.

from WSJ.com: US Business http://ift.tt/2rkpPR1
via IFTTT

U.S. Examines Russia's Grip on Citgo Assets

Financial authorities are looking into the Russian government’s growing leverage over Citgo amid heightened concern that the Kremlin is seeking to use energy as a political weapon against the U.S.

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

Salesforce Lifts Its Full-Year Outlook

The San Francisco-based business software company posted a 26% jump in deferred revenue for its fiscal first quarter, easing concerns after the company provided a lukewarm forecast for billings three months ago.

from WSJ.com: US Business http://ift.tt/2qwV4qU
via IFTTT

Arrivederci Alitalia? Italy Looks for Buyers for Airline

The Italian government put the country’s struggling flag carrier up for sale. But with more than $3 billion in debt and a declining market share in Italy, Alitalia may struggle to attract a buyer.

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

FCC Votes to Scale Down Net Neutrality Rules

The Federal Communications Commission approved a plan to begin rolling back Obama-era net neutrality rules, reopening a battle over internet regulation that has raged for much of the last decade.

from WSJ.com: US Business http://ift.tt/2qWwGk3
via IFTTT

Auto Makers Settle Takata Air-Bag Claims for $553 Million

Several auto makers agreed to pay more than $550 million to resolve claims stemming from rupture-prone Takata air bags, the latest legal settlement in a long-running safety crisis linked to numerous deaths and injuries.

from WSJ.com: US Business http://ift.tt/2qWspx2
via IFTTT

CSX Chief 'Fully Engaged,' Moving Quickly Despite Health Concerns, CFO Says

An undisclosed medical condition hasn’t slowed CSX Chief Executive Hunter Harrison from modernizing and disrupting longstanding practices at the railway, the company’s chief financial officer said.

from WSJ.com: US Business http://ift.tt/2qxt72J
via IFTTT

ECB Wary of Repeat of Fed's 'Taper Tantrum'

European Central Bank Officials wants to avoid a repeat of the 2013 ‘taper tantrum,’ when the prospect that the Fed would slow its asset purchases roiled the markets.

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

GOP's Path to Tax Changes Slowed by Upcoming Budget Fight

To advance a tax overhaul this year, congressional Republicans first must clear a tricky hurdle: They need to agree on a budget.

from WSJ.com: US Business http://ift.tt/2rvc1zt
via IFTTT

Trump Administration Notifies Congress of Intent to Launch Nafta Talks

The Trump administration informed U.S. lawmakers that it intends to launch formal negotiations on overhauling the North American Free Trade Agreement, a big bet by President Donald Trump that he can win concessions from Canada and Mexico, and push a deal through Congress.

from WSJ.com: US Business http://ift.tt/2pXvPv2
via IFTTT

Conference Board's Leading Economic Indicators Index Rises

The Conference Board’s leading economic index, a basket of economic indicators, rose 0.3% to 126.9 in April after showing gains in January, February and March.

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

How the FDA Approved a $300,000-a-Year Drug Its Own Experts Didn't Believe Worked

After trial data for a new medicine proved inconclusive, Sarepta Therapeutics joined with the parents of sick boys to persuade officials it helped.

from WSJ.com: US Business http://ift.tt/2pX17m5
via IFTTT

Mnuchin Tells Lawmakers GDP Growth 3% or Higher 'Achievable'

Treasury Secretary Steven Mnuchin will tell lawmakers Thursday the administration’s goal of achieving sustainable economic growth of 3% or higher is achievable “if we make historic reforms to both taxes and regulation.”

from WSJ.com: US Business http://ift.tt/2pPd7K7
via IFTTT

Roger Ailes, Former Fox News Chief, Dies at 77

Former Fox News chief Roger Ailes has died at age 77, according to his lawyer. Mr. Ailes, who combined political savvy with television showmanship to build the Fox News Channel into a conservative media juggernaut, left the channel last year amid an internal probe into allegations of sexual harassment.

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

Wal-Mart's Sales Defy the Retail Slump

Wal-Mart reported stronger quarterly sales, showing that the world’s largest retailer is drawing shoppers at a time when many competitors are reeling in the era of Amazon.com.

from WSJ.com: US Business http://ift.tt/2qApd74
via IFTTT

Alibaba's Revenue Growth Accelerates

Chinese e-commerce giant Alibaba said earnings for its fiscal fourth quarter nearly doubled as more shoppers turned to its online platforms for purchases.

from WSJ.com: US Business http://ift.tt/2pP4pvC
via IFTTT

Airlines Tap Trove of Flight Data to Give a 'Virtually Instant' Review of Pilots' Skills

The aviation industry is mining real-time flight data in the hopes of improving safety and customers’ experiences; passengers could receive airline apologies for white-knuckle flights.

from WSJ.com: US Business http://ift.tt/2qAkW3o
via IFTTT

IBM Orders Its Remote Workers Back Into the Office

IBM is giving thousands of its remote workers in the U.S. a choice this week: Abandon your home workspaces and return to a regional office—or leave the company.

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

Lowe's to Buy Two Building-Management Firms

Lowe’s Cos. agreed to buy two companies that sell products to apartment-building managers and owners, moves aimed at diversifying its business beyond do-it-yourself homeowners.

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

U.S. Jobless Claims Fell for Third Straight Week

The number of Americans applying for first-time unemployment benefits fell last week for the third consecutive time, the latest sign of steady job creation.

from WSJ.com: US Business http://ift.tt/2qVC2Md
via IFTTT

A Tip for Apple in China: Your Hunger for Revenue May Cost You

Apple’s challenges have multiplied in the all-important China market over the past year or so and its effort to wring more revenue from iPhone users may be setting the company up for more trouble.

from WSJ.com: US Business http://ift.tt/2rux2LR
via IFTTT

Facebook Slapped With EU Fine Over WhatsApp Deal

Facebook was fined $122.7 million by the EU’s antitrust regulator for misleading authorities over the acquisition of its messaging unit WhatsApp, firing a warning shot to other companies.

from WSJ.com: US Business http://ift.tt/2pZ9lJp
via IFTTT

General Motors Will Stop Selling Cars in India

General Motors Co. said it will stop selling cars in India while continuing to build them there, retrenching as it adjusts to a nascent automotive threat from Silicon Valley.

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

Battle for Australian Newspaper Publisher Really About Real Estate

In the bidding war between two U.S. private-equity firms for Australian newspaper company Fairfax Media, the prize being fought over is Fairfax’s online real-estate-classifieds business, Domain.

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

Shares of Ascena Drop After Profit Warning

Ascena Retail Group Inc., which owns Ann Taylor and Loft, sharply cut its financial projections amid a rough retail market, sending shares tumbling by about a third.

from WSJ.com: US Business http://ift.tt/2que0a4
via IFTTT

Cisco to Lay Off 1,100 More Workers

Cisco Systems said it would lay off another 1,100 employees and forecast a drop in quarterly revenue as the networking company contends with market shifts.

from WSJ.com: US Business http://ift.tt/2qxF7iA
via IFTTT

Halliburton President to Become CEO

Halliburton Co. said Wednesday that Jeff Miller, a board member and president of the oil-field-services company, will be its new chief executive officer.

from WSJ.com: US Business http://ift.tt/2pVh5Ne
via IFTTT

Health of New CSX Chief in Focus Ahead of Compensation Vote

Hunter Harrison, the new CEO of CSX, said he is able to lead a turnaround of the big U.S. railroad, despite an undisclosed medical condition that requires him to sometimes use an oxygen machine.

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

Google Gives Artificial Intelligence More Power in its Products

Google doubled down on its bet on artificial intelligence with new features and availability for its virtual assistant and smart speaker at its annual software-developers conference, part of a scramble with other tech giants to dominate the next wave of consumer technology.

from WSJ.com: US Business http://ift.tt/2qu7Zu5
via IFTTT

Albertsons Chief Administration Officer and Deal Maker Leaves Grocer

Justin Dye, who was viewed as a potential successor to Chief Executive Bob Miller, has quietly left the Boise company.

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

EU to Fine Facebook Over WhatsApp Acquisition

The European Union’s antitrust watchdog is poised to fine Facebook on Thursday for giving “incorrect or misleading information” to investigators who were probing its purchase of chat app WhatsApp in 2014.

from WSJ.com: US Business http://ift.tt/2qSumu8
via IFTTT

U.S., EU Still Talking on Laptop Flight Ban

The U.S. and the EU agreed to continue discussions about Washington’s proposal to expand a ban on passengers carrying laptops in the cabin of planes amid strong opposition from the airline industry.

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

FCC's Internet-Rules Revamp Likely to Bring Big Changes Online

U.S. regulators are set to move forward Thursday with a plan that would blow up the rules that have governed the internet in recent years and essentially start anew, opening the door to fundamental shifts in consumers’ online experiences.

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

Mexico's Grupo Lala Is Lead Bidder for Danone's Stonyfield Farm

Mexico’s Grupo Lala has emerged as the lead bidder for Stonyfield Farm Inc., the well-known U.S. maker of organic yogurt.

from WSJ.com: US Business http://ift.tt/2pWT2wO
via IFTTT

8 Things You Hate About Gmail and How to Fix Them

Fed up with Google’s email service? Take back control of your inbox with these tricks from Joanna Stern.

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

New Threats Fuel Fears of Another Global Cyberattack

Days after WannaCry ransomware swept the globe, a new computer attack hit thousands of machines world-wide and a hacking group said it would release a fresh trove of stolen attack software.

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

Fox News Redesigning Its Newsroom

Fox News has been making big changes in its upper management, and now it’s overhauling its physical newsroom. The network said the redesign will enhance communication in a more open space.

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

CBS to Add Eight Series to TV Lineup

“Young Sheldon”—a prequel to “The Big Bang Theory,” CBS’s top comedy—and the police drama “S.W.A.T.” highlight the network’s new additions to its fall season.

from WSJ.com: US Business http://ift.tt/2qS4Hlr
via IFTTT

Trump Administration Weighs Adding Currency Rules to Nafta

The Trump administration has told senators it is considering adding rules barring currency manipulation to the North American Free Trade Agreement, according to congressional aides, a departure from past U.S. policy that could set a precedent for other trade deals.

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

The Best (and Worst) Frequent-Flier Programs

Southwest and JetBlue outperform larger U.S. and foreign competitors with more generous programs, while American lags behind again, Scott McCartney finds.

from WSJ.com: US Business http://ift.tt/2rr3OMK
via IFTTT

U.S. Household Debts Hit Record High in First Quarter

The total debt held by American households reached a record high in early 2017, exceeding its 2008 peak after years of retrenchment in the face of financial crisis, recession and modest economic growth.

from WSJ.com: US Business http://ift.tt/2qsu1NF
via IFTTT

Full Employment Confronts Trump, Fed With Tougher Trade-Offs

In April, when the unemployment rate dropped to 4.4%, it marked the completion of a slow and joyless recovery from the Great Recession, writes Greg Ip.

from WSJ.com: US Business http://ift.tt/2qsx5JY
via IFTTT

New U.S. Trade Rep Lighthizer Lays Groundwork for Nafta Talks

The Trump administration’s new U.S. trade representative began laying the groundwork for a renegotiation of the North American Free Trade Agreement on his first full day on the job.

from WSJ.com: US Business http://ift.tt/2qRFc3P
via IFTTT

Qualcomm Sues iPhone Manufacturers Over Royalties

Qualcomm sued the companies that make iPhones for Apple for failing to pay royalties on the chip maker’s technology, broadening its legal battle with the world’s most valuable company.

from WSJ.com: US Business http://ift.tt/2rf3zrM
via IFTTT

Ford to Cut 10% of Salaried Workforce in Asia, North America

Ford said it aims to reduce its salaried workforce in North America and Asia by 10%, a move aimed at shoring up profits as the once-booming U.S. and Chinese auto markets start to cool.

from WSJ.com: US Business http://ift.tt/2pKRwT0
via IFTTT

Can Free Stock Trades Sell? Robinhood App Tests New Brokerage Model

Four years ago, two Stanford graduates set out to make stock-trading free with an app that would let anyone invest without paying fees. Now the founders face a crucial test: Can Robinhood make money from all these freeloaders?

from WSJ.com: US Business http://ift.tt/2qwhIy5
via IFTTT

Ralph Lauren Taps P&G Executive as CEO

Ralph Lauren Corp. is taking another chance on bringing in an outsider to run the company, tapping Procter & Gamble Co.’s top beauty executive to be its next chief.

from WSJ.com: US Business http://ift.tt/2pL8Rva
via IFTTT

Caterpillar Faces Call to Shake Up Audit Committee

An investment group wants to shake up Caterpillar’s audit committee, amid mounting scrutiny of the machinery giant’s offshore tax strategy.

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

Senate GOP Gets Ready to Shape Tax Policy

GOP senators are gearing up to shape negotiations over competing ideas from the House and administration and put their own stamp on U.S. tax policy.

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

Volkswagen CEO Targeted in Emissions Cheating Probe

Volkswagen Chief Executive Matthias Müller has been targeted for the first time in a probe in connection with events linked to the disclosure of the company’s emissions-cheating scandal, threatening the company’s efforts to put the two-year-old saga behind it.

from WSJ.com: US Business http://ift.tt/2pVW1Wf
via IFTTT

Target Sales Fall as Traffic and Average Orders Decline

Target Corp. said revenue and comparable sales decreased due to traffic and average order declines as the retailer continues to shape its online strategy.

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

Apple Assembles First iPhones in India

An Apple manufacturer has completed a trial run of the first-ever iPhones assembled in India, in an important step in the U.S. tech giant’s push into the fast-growing South Asian market.

from WSJ.com: US Business http://ift.tt/2pW1AUF
via IFTTT

China's Tencent Posts 58% Jump in First-Quarter Profit

Chinese internet giant Tencent Holdings reported a steep rise in profit and revenue in the first quarter, notching solid growth in its core gaming and online-advertising businesses.

from WSJ.com: US Business http://ift.tt/2reOd6D
via IFTTT

BHP Billiton CEO to Meet With Elliott Amid Pressure

BHP Billiton Chief Executive Andrew Mackenzie will meet with representatives from Elliott Management, the activist investor pushing for the resources company to shed at least some of its oil-and-gas assets.

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

Amazon's Australian Expedition to Rattle Retailers

Amazon is preparing to bring its full retail offering to Australia, signaling a major competitive threat to the country’s retailers and an important new beachhead for its global distribution network.

from WSJ.com: US Business http://ift.tt/2rq5cQA
via IFTTT

States Wage Battles Over High Drug Prices

Amid increasing calls for curbs on U.S. drug pricing, some of the most aggressive legislative action is happening at the state level—and industry lobbyists are fanning out to fight back.

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

Facebook Fined by French Privacy Watchdog Over Data

France’s privacy watchdog slapped Facebook with a $165,000 fine on allegations the social media giant’s privacy policy breaches French law, the latest setback for the company in Europe where it is hounded by multiple legal and regulatory battles.

from WSJ.com: US Business http://ift.tt/2qqoYO3
via IFTTT

Report: Hundreds More Department Store Closures Are Necessary

The forecast for department store chains just got worse. Green Street Advisors is raising the tally for the number of store closures needed to normalize business at malls.

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

Can I Have That Burger With a Side of Peanut Butter?

For some restaurant customers, the hottest items aren’t on the menu. They want customized creations cooked up online, like Chicken Cordon Bleu McMuffins or Puppuccino.

from WSJ.com: US Business http://ift.tt/2qtoB3a
via IFTTT

TJX Is Dinged by Department Store Crash

The market’s reaction to TJX’s first-quarter results reflects worries that retailer woes will crimp the off-price business model.

from WSJ.com: US Business http://ift.tt/2qpe6zn
via IFTTT

New Jersey Ski Resort Files for Bankruptcy

Mountain Creek Resort Inc., a New Jersey ski resort less than two hours from Manhattan, has filed for bankruptcy protection, citing years of above-average temperatures, scant snowfall and missteps by prior owners.

from WSJ.com: US Business http://ift.tt/2rdaz8u
via IFTTT

Despite Promises, Car Makers Are Set on Job Cuts

Faced with softening U.S. car sales and mounting investor skepticism about Detroit’s ability to weather the first industry downturn in nearly a decade, auto executives are facing a tough choice in who to please—Wall Street or the White House.

from WSJ.com: US Business http://ift.tt/2qp9p9b
via IFTTT

Co-Founder Returns to Twitter

Twitter Inc. co-founder Biz Stone is rejoining the micro-messaging company to focus on its culture, in an attempt to revive morale amid many employee departures and slumping growth.

from WSJ.com: US Business http://ift.tt/2rnzJO8
via IFTTT

Facebook Refunds Some Advertisers After Finding New Measurement Bug

Facebook said it is issuing refunds to some advertisers after discovering a bug in its system that led it to overstate clicks on marketers’ websites, a disclosure that comes as Madison Avenue is demanding better and more transparent measurement from the social network.

from WSJ.com: US Business http://ift.tt/2qp5ZmM
via IFTTT

ABC Looks to Lure Advertisers With 'Roseanne' and 'American Idol' as Bait

Walt Disney Co.’s ABC is launching 10 new sitcoms and dramas, a new version of the musical talent show “American Idol,” and spinoffs of “The Bachelor” and “Dancing with the Stars” for the 2017-18 television season.

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

Dick's, Citing Retail Challenges, Cuts Back on Store Openings

Dick’s Sporting Goods sales at existing stores fell short of forecasts and the chain said it plans to scale back new store openings, highlighting the continuing challenges facing sporting-goods retailers.

from WSJ.com: US Business http://ift.tt/2qo9Ekm
via IFTTT

Massachusetts Takes Aim at Budweiser Over Pay-to-Play Allegations

A battle is brewing in Massachusetts between state regulators and Anheuser-Busch, over allegations the beer giant has doled out nearly $1 million in unlawful giveaways to entice retailers and bars to push Budweiser over rivals.

from WSJ.com: US Business http://ift.tt/2qshA2s
via IFTTT

Disney's Iger Isn't About to Let Go as CEO

Twelve years into running the world’s largest media conglomerate, the question of who will succeed Robert Iger at Walt Disney Co. is more uncertain than it has been for nearly a decade.

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

North Korea's Cyberwarfare Capabilities in Focus After Ransomware Assault

The ransomware assault infecting computers in more than 100 countries bears some of the hallmarks of previous attacks by North Korea, offering a reminder of the secretive nation’s cyberwarfare capabilities.

from WSJ.com: US Business http://ift.tt/2pGFj1J
via IFTTT

Web-Retail Startups Turn for Growth to Bricks and Mortar

Casper, which shook up the mattress business, is among several specialty web retailers shifting to brick-and-mortar stores after finding the pool of online buyers is only so deep.

from WSJ.com: US Business http://ift.tt/2qs8yTc
via IFTTT

Kraft Heinz's CEO on Cost-Cutting, Dealmaking and Oprah

Bernardo Hees, the Brazilian CEO tasked with spicing up American brands like Oscar Meyer and Jell-O, talks about the Unilever bid, 3G Capital’s cost-cutting practices and a new partnership with Oprah Winfrey.

from WSJ.com: US Business http://ift.tt/2pGNnj5
via IFTTT

Activist Investors Have a New Bloodlust: CEOs

Activists are increasingly asking for CEOs’ heads at the outset of campaigns, a new level of aggressiveness for a group already known for its bold actions and impact on corporate America in recent years.

from WSJ.com: US Business http://ift.tt/2qs4kLo
via IFTTT

Real-Estate Empire Survives Brutal Family Battle

An eight-year legal battle over the Feil family’s multibillion-dollar empire of office, residential and retail properties has ended, as the siblings decided money is more important than victory.

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

Nintendo Needs to Be More Upwardly Mobile

People love Nintendo games. The pity for shareholders is that the company hasn’t worked out how to make more money from them.

from WSJ.com: US Business http://ift.tt/2qs1fLd
via IFTTT

U.S. Industrial Production Surged in April

U.S. industrial production rose sharply in April, a sign of underlying strength in the economy.

from WSJ.com: US Business http://ift.tt/2qnH4QE
via IFTTT

U.S. Housing Starts Fell in April for Third Time in Four Months

Builders started construction on fewer homes in April, the third decline in four months.

from WSJ.com: US Business http://ift.tt/2qMY18d
via IFTTT

Eurozone Trade Surplus Hits Record as Exports Rise

The eurozone’s trade surplus with the rest of the world during March was the widest since the single currency was launched in 1999, as exports jumped.

from WSJ.com: US Business http://ift.tt/2pG6bil
via IFTTT

KKR May Sell Norwegian Software Company Stake for About $1.1 Billion

Private-equity giant KKR is eyeing the sale of its 31% equity holding in Visma Group, a Norwegian software company, in a deal that could fetch about $1.1 billion.

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

Why Wal-Mart Is Worried About a Discount German Grocer

Lidl, a German discount chain that has upended British retailers, is slated to open its first U.S. stores this year, and Wal-Mart is preparing by tweaking store-brand selection, lowering some prices and speeding up checkout lines.

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

New Research on Strokes Extends Window for Treatment

Leading medical researchers have found that treating many severe-stroke patients as long as 24 hours after a devastating stroke can restore a relatively normal life to some people whose brains had been viewed as badly injured.

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

More American Workers Are Testing Positive for Drugs

More than one in 25 U.S. workers fail their employer’s drug tests. Marijuana in particular is on the rise, according to an annual report by Quest Diagnostics.

from WSJ.com: US Business http://ift.tt/2qrCv5W
via IFTTT

Teen Retailer Rue21 Files for Chapter 11 Bankruptcy Protection

Rue21 said it had entered into agreements with certain lenders to reduce its debt and provide additional capital for its restructuring.

from WSJ.com: US Business http://ift.tt/2pG0ykj
via IFTTT

Upcoming Disney Film Target of Online Piracy Threat

A hacker or hackers claim to have stolen an unreleased film from Walt Disney Co. and threatened to release it online unless the company pays a ransom, Chief Executive Robert Iger told employees.

from WSJ.com: US Business http://ift.tt/2pEXo0i
via IFTTT

Ford Aims to Cut Global Workforce by Roughly 10%

Ford is planning substantial cuts to its global workforce amid CEO Mark Fields’s drive to boost profits and address the auto maker’s sliding stock price, according to people briefed on the plan.

from WSJ.com: US Business http://ift.tt/2qpB1ZS
via IFTTT

Berkshire Hathaway Confirms Warren Buffett's Apple, IBM Moves

Berkshire Hathaway sharply increased its holding of Apple and sold some of its stake in International Business Machines in the first quarter, according to a new securities filing.

from WSJ.com: US Business http://ift.tt/2rjD2G9
via IFTTT

Chicago Tribune Owner Makes Bid to Buy Sun-Times

The owner of the Chicago Tribune has made a bid to buy the newspaper’s in-town rival, the Sun-Times, months after successfully rebuffing an offer itself to be swallowed up by national news company Gannett Co.

from WSJ.com: US Business http://ift.tt/2qlvlC1
via IFTTT

International Cyberattack Affects Some Corners of U.S. Health Care

The international cyberattack that swept the globe has had some impact on the U.S. health-care system, as hospital systems scramble to prevent its further spread.

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

Cybersecurity Experts' First Task: Find Out How Virus Spread

Government investigators and private cybersecurity firms are trying to find out how a virus managed to spread around the globe over the weekend, which would give them their best chance to identify the mastermind behind the cyberattacks.

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

Home Sales Jump to Near-Boom-Era Levels

Home sales in the first quarter hit their fastest pace in a decade, a sign that rising prices and slightly higher mortgage rates haven’t deterred home buyers from rushing into the market.

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

Uber Ordered to Return Documents in Self-Driving Fight With Waymo

A federal judge ordered Uber to return 14,000 driverless-car documents allegedly stolen from Google parent Alphabet and barred a key executive for the ride-hailing firm from working on certain autonomous vehicle technology.

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

Former Paramount Pictures Head Brad Grey Dies at 59

Brad Grey, who until earlier this year was chief executive of Viacom’s Paramount Pictures, died Sunday evening at the age of 59 years old.

from WSJ.com: US Business http://ift.tt/2qjV2mA
via IFTTT

Boeing Picks St. Louis For Potential Jet Plant

Boeing said Monday it would assemble new U.S. Air Force trainer jets at its main military aircraft facilities in Missouri if it wins a three-way contest for a program estimated by analysts as worth around $16 billion.

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

Fox Leans on Big Name Producers, Live 'Rent' for New TV Season

Fox is launching six new series next season, including shows from “Family Guy” creator Seth MacFarlane and Ryan Murphy, whose credits include “American Horror Story.” There’s also a new comedy executive produced by Will Ferrell and a drama co-produced by Marvel Television.

from WSJ.com: US Business http://ift.tt/2qo6L1g
via IFTTT

Nissan Ranked Last in Study on Relations with Suppliers

Nissan Motor Co.’s  relationships with its auto part suppliers have deteriorated to the point that it ranks last among six major auto makers in North America, according to a survey.

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

Labor Force Stands in Way of Trump's 3% Growth Goal

U.S. work force isn’t increasing or gaining productivity fast enough to provide room for robust economic expansion the president is counting on.

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

Nintendo Developing 'Legend of Zelda' Smartphone Game

Nintendo plans to bring its videogame franchise “The Legend of Zelda” to smartphones, the latest step by the Kyoto company to expand its mobile-games lineup.

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

For Many Companies, a Good Cyber Chief Is Hard to Find

Demand for chief information security officers is rising as cybersecurity problems attract the attention of corporate boards, but top candidates aren’t in great supply.

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

Target's New Online Strategy: Less Is More

Facing pressure after a profit warning, Target has revamped some e-commerce projects, cut ties with digital partners and walked away from prospective deals to focus on improving in-store sales and online margins.

from WSJ.com: US Business http://ift.tt/2pBGY8V
via IFTTT