Lyft Adds Former Obama Adviser Valerie Jarrett to Board

Ride-hailing startup Lyft Inc. is adding its first independent board member, Valerie Jarrett, a former top adviser of President Barack Obama.

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Blackstone Energy to Buy Stake in Troubled Rover Pipeline

Energy Transfer Partners said Blackstone Energy Partners will acquire a 32.4% stake in the Rover Pipeline project, which has faced environmental scrutiny due to spills of drilling mud in Ohio wetlands earlier this year.

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National Air Cargo CEO Fights to Stay in His Job

National Air Cargo Chief Executive Officer Christopher Alf, who promised to commit millions of dollars to get the New York military-transport company out of bankruptcy, defended his leadership against calls for his removal.

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White House Pushes Aggressive Tax-Overhaul Schedule

Trump administration officials pressed an accelerated timeline Monday for advancing a major tax bill this fall along with ambitious goals for the bill’s contents. It faces numerous hurdles in Congress.

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VW Contends With New Legal Woes

Volkswagen faces fresh legal pressure over its emissions-cheating scandal after European Union authorities for the first time recommended fraud charges against two company officials.

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Boeing Creates New Avionics and Electronics Unit

Boeing is creating a new unit to develop and build aircraft avionic systems, expanding its strategy of insourcing key technology to cut costs.

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Alphabet Sees Power in Molten Salt, a New Moonshot

Google parent Alphabet Inc. is pitching an idea to store power from renewable energy in tanks of molten salt and cold liquid, an example of the tech giant trying to marry its far-reaching ambitions with business demand.

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GM Hires Jeep Hackers as Detroit Battles Silicon Valley for Tech Talent

Chris Valasek and Charlie Miller made names for themselves a couple of years ago when they remotely hacked into a Jeep. Now they are going to work for General Motors.

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U.S. Freezes Assets of Venezuela's President

The U.S. has frozen the assets of Venezuelan President Nicolas Maduro, citing human rights abuses. The Treasury Department took the action after the country held elections Sunday that the U.S. considers illegitimate.

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HBO Says Programming Stolen in Cyberattack

HBO, home of “Game of Thrones,” is the latest entertainment company to be hacked and have its content leaked online. Chief Executive Richard Plepler confirmed that proprietary information including some of its shows was recently stolen.

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SCANA Halts South Carolina Nuclear Power Project

The majority owner of a nearly half-built nuclear power plant in South Carolina said Monday that it was pulling the plug on the project after spending billions and seeing reactor builder Westinghouse Electric Co. go bankrupt.

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Federal Appeals Court Fans Airline Seat-Size Debate

A federal appeals court gave a travelers’ rights group new hope that the Federal Aviation Administration should be made to address its concerns about shrinking airline seat size and legroom.

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Maine Seeks Former Residents to Fill Jobs

Recruiters in Maine use LinkedIn and other social media tools to find job candidates with ties to the state to fill positions in a tight labor market.

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China-Backed Fund Plays Big Role in Country's Chip Push

In China’s push to become a semiconductor power, a discreet government-backed fund is playing an outsize role, working with U.S. chip makers Intel and Qualcomm in deals backed by the fund.

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Eurozone's Low Unemployment, Inflation Raises Questions for ECB

The eurozone’s unemployment rate has fallen to its lowest level in more than eight years, but inflation is unchanged—highlighting the challenge at the heart of the European Central Bank’s decision on dialing down its stimulus programs.

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LabCorp to Buy Chiltern for $1.2 Billion

Laboratory Corp. of America struck a deal to buy Chiltern International for $1.2 billion in a move to grow its stake in the drug development and contract-research industry.

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European Beer (and Near Beer) Sales Lift Heineken

Heineken posted higher profit for the first half of 2017, fueled by strong sales in Europe—including double-digit revenue growth for no- and low-alcohol drinks.

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Discovery to Buy Scripps Networks for $11.9 Billion

Discovery Communications has agreed to acquire Scripps Networks Interactive Inc. in a deal valued at about $11.9 billion, combining two powerhouses of nonfiction television programming at a time of major upheaval in the cable-TV business.

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Supermarkets Face a Growing Problem: Too Much Space

A massive build-out by retailers has left the country piled up with grocery shelves as consumers shift from big weekly shopping trips to more snacking and to-go meals.

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Family-Car Designers Look to Ballerinas, Lions for Inspiration

A yearslong slump in sedan sales has forced designers to seek inspiration from some unorthodox sources to tempt buyers away from beefy pickups, SUVs and crossovers.

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Saint Laurent to Launch Online Sales in China

French fashion house Saint Laurent is launching online sales in China, a major step in the storied brand’s efforts to expand in China’s fast-growing domestic market.

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Private Equity Takes Fire as Some Retailers Struggle

A wave of retail bankruptcies washing through court has revived an old debate about the role of private-equity firms in accelerating the problems of companies in distress.

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More Aluminum Cars? Not So Fast

Aluminum may not be the new steel, according to a new study, as auto makers’ use of a single predominant lightweight material such as aluminum in vehicles like Ford’s F-150 pickup is giving way to a patchwork of materials replacing heavier sheet metal.

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Charter Says It Isn't Interested in Acquiring Sprint

Sprint had proposed a merger with Charter Communications to create a media and communications giant that would be controlled by Japan’s SoftBank Group.

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When Streaming Services Put Their Interests First

Analysis: Does it matter if Spotify and Netflix push music and movies that they created?

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U.S. Weighs Sanctions Against Venezuela's Oil Industry

U.S. government officials are considering stepping up sanctions against Venezuela by targeting its vital oil industry, although an embargo against Venezuelan crude oil imports into the U.S. is off the table for now, people familiar with the deliberations say.

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How Dow Chemical Wants to Reshape Materials

Dow executives say investors are missing the science and commercial benefits of the combination of Dow Chemical and Dow Corning.

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As Washington Stalls, Company Profits Keep Trucking

Earnings at S&P 500 firms are on pace to rise 11% for the second quarter, marking the fourth straight period of overall profit growth.

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Samsung Topples Intel as World's Biggest Chip Maker

Samsung Electronics, the company best known for its smartphones and televisions, has taken the title of world’s largest chip maker by revenue, knocking Intel from a perch it held for nearly a quarter-century.

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iPhone's Toughest Rival in China Is WeChat, a Messaging App

As Apple prepares to launch its 10th-anniversary iPhone, it faces a quiet juggernaut in China—the WeChat platform, which alone has captured 35% of Chinese users’ monthly mobile-app time.

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5 Reasons a $1,400 iPhone Isn't Crazy

Apple is said to be contemplating a price in the $1,000 to $1,400 range for its coming 10th-anniversary iPhone—which would be extremely expensive and extremely smart, Christopher Mims says.

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Next Up for GOP Congress: Raising the Debt Ceiling

When Republicans return to Washington in September after a recess that follows their failed health-care proposal, they’ll have just 12 working days to avert another big problem: If the federal borrowing limit isn’t raised by Sept. 29, the government risks running out of money to pay its bills.

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'Dunkirk' Fends Off Rivals at Box Office

A pair of new releases failed to unseat the World War II drama “Dunkirk” from the top spot at the box office this weekend.

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Hacker Gets Out the Vote

At a demonstration to test the security of voting machine technology, a computer specialist took less than two hours to exploit an old Windows XP flaw.

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Four Activists Challenge Plans to Carve Up DowDuPont

Four big activist investors, including Jana Partners and Trian Fund Management, are now calling for changes to plans to split DowDuPont, a $150 billion chemical behemoth about to be formed, into three companies.

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'Bo' Pilgrim Made a Fortune From Chicken Feed and Credited God for His Progress

Lonnie “Bo” Pilgrim was the co-founder of Pilgrim’s Pride, one of the world’s largest processors of chicken. The self-made entrepreneur, who insisted that his success was entirely due to God’s guidance, died July 21 at 89.

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Apple Removes VPN Apps in Nod to China Censors

Apple is removing software from its app store in China that allowed users to circumvent the country’s internet filters, according to makers of the apps.

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Canada Aims for Tech Talent, Seizing on U.S. Immigration Hurdles

Canada’s technology sector, which has long struggled to compete with sunny Silicon Valley, is capitalizing on the U.S.’s hardening stance on immigration in a bid to lure top talent.

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Megan Ellison's Movie Studio for Grown-Ups

Megan Ellison, the founder of Annapurna Pictures, is navigating an industry dominated by traditional players like Universal and deep-pocketed newcomers like Netflix by focusing on independent and mature films.

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Rooster Teeth Fans Flock to Live Events

Once sequestered to YouTube and other web spaces, niche online entertainers such as Rooster Teeth are getting into the convention trade as they seek new sources of revenue to grow their franchises.

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Minnesota Firm Hopes to Make a Big Splash---With Shrimp

Ralco, a technology-focused animal-nutrition company, is planning a nine-acre indoor bayou in Minnesota that will pump out more than 8 million pounds of farm-raised shrimp annually.

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Sprint Proposes Merger with Charter Communications

Sprint Chairman Masayoshi Son is pursuing a full-blown merger of the two companies that would create a media and communications giant, people familiar with the matter said.

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Uber's CEO Search Reaches New Degree of Difficulty

A multibillion-dollar investment offer by SoftBank is further complicating recruitment efforts at Uber that are already bogged down by legal challenges, a lack of direction and divisions over what the company needs in a leader.

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Big Oil Posts Healthy Profits

The largest U.S. energy companies reported robust profits on Friday, continuing a quarter in which the world’s big oil firms reported their strongest gains since a pronounced price crash began in 2014.

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Cheap Eggs Flood U.S. Grocery Stores

A glut of eggs is putting pressure on suppliers and farmers who are struggling to win back business two years after the worst bout of avian influenza in U.S. history devastated the nation’s egg-laying flock.

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American Airlines Profit Falls, But Revenue Rises

American Airlines Group’s profit fell in the second quarter, even as the carrier said strong revenue and demand trends would lift performance through the rest of the year.

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Wisconsin Governor Calls Special Session for Foxconn Incentive Package

Wisconsin Gov. Scott Walker on Friday called a special legislative session next week focused on a multibillion-dollar incentive package for an industrial facility announced this week by Foxconn Technology Group.

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Merck Says Cyberattack Hit Production, Will Hurt Profit

Merck said its second-quarter earnings rose as the drugmaker recorded blockbuster growth for its cancer drug Keytruda.

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Avianca Halts Flights From Venezuela

Frequent airport power outages, rampant luggage theft and fears of having their planes impounded led Avianca Holdings to abruptly withdraw from Venezuela this week.

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Tesla Model 3 Arrives as Elon Musk Tries to Manage Expectations

Tesla’s Elon Musk is set to take the stage Friday evening at an event to showcase the first deliveries of the sedan he hopes will help transform his niche car company into a more mass-market maker.

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FDA Wants Nicotine in Cigarettes to Be Cut to Nonaddictive Levels

U.S. health officials said they want tobacco companies to make all cigarettes with such low levels of nicotine that they are no longer addictive, part of a regulatory overhaul that threatens Big Tobacco’s main moneymaker.

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Fiat Chrysler Gets Approval to Sell Diesel Vehicles Amid Ongoing Emissions Probe

Fiat Chrysler Automobiles received approval from government regulators to sell 2017 model year vehicles equipped with diesel engines after a months-long delay and amid a probe into the company’s alleged use of illegal emissions software.

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Health-Care Collapse Points to Challenges in GOP's Upcoming Tax Effort

House Republicans built their tax plan around a new system for taxing companies, an assumption that hundreds of billions of dollars in tax increases in the 2010 Affordable Care Act would be gone already and confidence that the GOP could muscle important legislation through Congress on party-line votes. All three of those pillars collapsed overnight Thursday.

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Trump Administration to Wind Down myRA Program

The Trump administration is ending a federal retirement-savings program created by the Obama administration aimed at workers who don’t have access to traditional retirement accounts.

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U.S. GDP Advanced 2.6% in Second Quarter

U.S. economic growth picked up in the second quarter, a rebound after a lackluster start to the year.

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U.S. Employment Costs Decelerated in Second Quarter

A broad gauge of U.S. wages and benefits advanced only modestly this spring, the latest sign of little pressure on labor costs despite what appears to be a tight labor market.

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Meet Randal Quarles, Trump's Pick to Shake Up the Fed

Randal Quarles became skeptical of government intervention during decades of work in the financial world. Now he is set to take the lead in shaping oversight at one of the greatest interveners of all: the Federal Reserve.

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Uber Considering GE CEO Jeff Immelt for Top Role

Uber Technologies is considering General Electric Chief Executive Jeff Immelt among a handful of candidates for its top position, according to a person familiar with the matter.

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United Therapeutics in Settlement Talks With Justice Department

United Therapeutics has set aside $210 million for a possible settlement of a U.S. Justice Department investigation of whether the company’s contributions to patient-assistance charity groups violate federal laws against kickbacks and false claims.

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Intel Finds Room to Boost Revenue

Intel Corp. said adjusted quarterly profit increased as the company posted revenue growth in many of its units despite growing competition in core markets.

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Trump Comments on U.S. Factories Make It Awkward for Apple

Thanks to comments made by President Donald Trump, Apple suddenly faces new pressure to build factories in the U.S.

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Amazon's Revenue Rises 25% on Retail Dominance

Amazon.com’s revenue rose 25% in the second quarter, bucking the retail industry’s slump with its dominance of online shopping.

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Glencore Under Probe Over Congo Payments

Glencore is under investigation by Canadian regulators for more than $100 million in payments a subsidiary made to a company owned by an Israeli businessman who has been accused of bribing Democratic Republic of the Congo officials.

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Procter & Gamble, Activist Spar Over Latest Results

Procter & Gamble Co. sparred with activist investor Nelson Peltz on Thursday, with the two sides debating whether the company’s latest results prove a turnaround is taking hold.

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Air France Says Delta, China Eastern Each Acquiring 10% of Its Shares

Delta, Air France-KLM and China Eastern Airlines unveiled a series of share transactions, as carriers strengthen partnerships amid mounting competition on lucrative international routes.

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Fiat Chrysler CEO Learning to Love Electric Vehicles

Fiat Chrysler Chief Executive Sergio Marchionne said his company’s premium Maserati sports cars will begin introducing electric-engine powered models in two years and that by 2023 more than half of the brand’s cars will be electrified.

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Talking Speakers Just Arrived---and There's Already a Bubble

Chinese tech companies see voice-activated products as the gateway to a future where platforms animated by artificial intelligence will power homes, cars and offices. But to some, this first wave in the AI revolution already looks frothy.

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GOP Lawmakers Outline Tax Plan

Top congressional Republicans and the Trump administration released a set of broad principles for tax policy, trying to create momentum for a legislative and public-relations push in the fall while leaving key questions unresolved.

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U.S. Homeownership Rate Jumps From 50-Year Low

The U.S. homeownership rate climbed to 63.7% in the second quarter, a signal that the sharp downward spiral that began after the housing crash is finally reversing.

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Mnuchin: No Intent to Prioritize Payments if U.S. Debt Limit Isn't Raised

Treasury Secretary Steven Mnuchin told lawmakers he has “no intent” to prioritize certain government payments and delay others if Congress fails to raise the federal borrowing limit.

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Billionaire Scales Down His Hollywood Dreams

Dalian Wanda Group of China is unloading 30 film-production sound stages among its $13 billion in asset divestments—the most visible of billionaire Wang Jianlin’s filmmaking ambitions to be scaled down.

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Amazon's Jeff Bezos Becomes World's Richest Person

Amazon.com founder Jeff Bezos became the richest person in the world as the online retailer’s stock rose ahead of quarterly results.

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LinkedIn Case Tests Whether Firms Can Use Your Data

LinkedIn is defending itself against a suit that is shaping up as a test of whether it is legal to collect publicly viewable information posted by internet users.

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China's Next Target: U.S. Microchip Hegemony

The semiconductor industry, a stalwart of the global economy, is succumbing to fierce nationalistic competition, as China aims to dominate the market as it did with steel and solar panels. Washington, in an unusual show of bipartisanship, is fighting back.

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Twitter User Growth Slows

Twitter reported its second quarterly decline in revenue since going public and showed no growth in users from the prior quarter.

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Shell Prepares for 'Lower Forever' Oil Prices

Royal Dutch Shell laid out a pessimistic vision for the future of oil, even as the company reported success in generating cash during a prolonged downturn.

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AstraZeneca Shares Dive After Major Setback Over Cancer Drugs

AstraZeneca said a combination of two of its new oncology drugs failed to shrink lung cancer tumors in a clinical trial, casting doubt on a central part of its ambitious growth plans. Shares fell 16%.

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Amazon Earnings: What to Watch

The online retail behemoth is scheduled to release its second-quarter earnings after the market closes Thursday. Here’s what you need to know.

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Toyota's Cure for EV Range Anxiety: A Better Battery

Toyota Motor believes it has mastered the technology and production process for a new lithium-ion battery that could slash charging time and double the range of electric vehicles.

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Toshiba Bankruptcy Filing Pushed by Some Involved in Workout

With Toshiba’s effort to raise cash by selling its chip unit stalled, a number of creditors and others involved in its restructuring are pushing for a bankruptcy filing as the best path to rebirth.

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Starbucks Takes Full Ownership of East China Business

Starbucks said it would pay roughly $1.3 billion to become the full owner of its East China joint venture in a bid to expand its presence in Asia.

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Bud Light Turnaround Falling Flat; U.S. Market Is Tough for AB InBev

Anheuser-Busch InBev said its best-selling brand in the U.S. lost almost a full percentage point of market share in the three months to June 30—a steeper-than-expected retreat in a long-running, beer guerrilla war usually fought in tenths of a percent.

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'Unlimited' Boosts Verizon Subscribers

Verizon Communications gained net wireless subscribers in the quarter, as the continued expansion of its unlimited wireless data plans helped the company recover from its first ever quarterly net subscriber loss last quarter.

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U.S. Durable-Goods Orders Rise on Jetliner Demand

U.S. sales of big-ticket manufactured goods rose at the quickest pace in nearly three years in June, driven by surging demand for civilian aircraft.

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U.S. Jobless Claims Rose Last Week

The number of Americans applying for first-time unemployment benefits rose last week, though broader trends remain consistent with steady job gains.

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Dollar Weakness Gives World's Central Bankers New Headache

The dollar’s continued slump against a range of global currencies is making life more complicated for central bankers outside the U.S., putting downward pressure on inflation at a time when many are contemplating how to exit from years of loose policy.

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Ex-Convicts Help Companies Fill Need for Skilled Labor

As the jobless rate falls and skilled labor becomes more scarce, employers in a number of states are scouring the fringes of the labor market for able-bodied workers, including, increasingly, ex-offenders.

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Viacom Out of the Running for Scripps Networks

Viacom is out of the running to acquire Scripps Networks Interactive, leaving Discovery Communications as the only remaining suitor in talks to purchase the cable TV programmer, people familiar with the situation said.

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Samsung Profit Jumps to Record High for Quarter

Samsung Electronics delivered its biggest-ever quarter of profits, shrugging off a year of tumult by leaning on its dominance as a supplier of electronics components that even its rivals can’t do without.

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What a Scripps Tie-Up With Viacom or Discovery Would Mean for Advertisers

One deal would create a powerhouse in female-skewing networks. The other would offer a broader audience mix and ad-targeting possibilities.

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Facebook Profit Jumps 71%

Facebook’s profit rose a better-than-expected 71% in the second quarter, as the social-media giant benefited from expanding its use of ads.

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Apple Supplier Foxconn to Build $10 Billion Factory in U.S.

The maker of iPhones and other gadgets for Apple has plans to build a plant in Wisconsin that a White House official said will initially bring 3,000 jobs to the state.

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Chipotle Gets Subpoena After Virginia Norovirus Outbreak

Chipotle Mexican Grill Inc. said it received a subpoena related to a recent norovirus outbreak in a Virginia location, an indication that a federal criminal investigation into the chain’s food safety problems is widening.

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Fed Leaves Rates Unchanged; Likely to Act Soon on Portfolio Cuts

The Federal Reserve signaled it could launch its plan to slowly shrink its large bond portfolio after officials’ next meeting in September and held short-term interest rates steady.

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Fed Leaves Rates Unchanged; Likely to Act Soon on Portfolio Cuts

The Federal Reserve signaled it could launch its plan to slowly shrink its large bond portfolio after officials’ next meeting in September and held short-term interest rates steady.

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Anthem Seeks Clarity from Health Law Debate

Anthem boosted its full-year outlook as rising enrollment in its health-care plans provided a lift to its second-quarter revenue and earnings

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Coca-Cola to Replace Coke Zero in the U.S.

Coca-Cola Co. is replacing Coke Zero in the U.S. with another diet-soda brand, an effort to hold on to consumers cutting back on sugary drinks.

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Twitter Earnings: What to Watch

Twitter is scheduled to report second-quarter results before the market opens Thursday, and its revenue is expected to be about 11% lower compared with the previous year.

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Norfolk Southern Says It's Winning Customers From CSX

Norfolk Southern says it is starting to win over customers to its railway amid disruptions at rival CSX, whose network is undergoing an extensive overhaul under a new chief executive.

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U.S. Steel Names Kevin Bradley as CFO

United States Steel said Wednesday that it named Kevin Bradley its chief financial officer, continuing a revamping of its leadership team following the appointment of a new chief executive in May.

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Mnuchin Says Treasury's Effort to Conserve Cash Is Costing Taxpayers

Treasury Secretary Steven Mnuchin said his agency’s efforts to conserve cash until Congress raises the federal borrowing limit impose a ‘significant’ cost on taxpayers.

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U.S. New-Home Sales Inched Up in June

U.S. new-home sales rose slightly in June, suggesting continued buyer demand despite a tight supply of homes on the market.

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Trump Eyes Tax-Code Overhaul, With Emphasis on Middle-Class Break

President Donald Trump is signaling his next priority: overhauling the tax code to push corporate rates down and give middle-class taxpayers a break, even if it means some of the wealthiest pay more.

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Glaxo Ditches Raft of R&D Projects to Focus on Top Prospects

GlaxoSmithKline axed more than 30 drug-research projects to focus on four key disease areas, in a push by new Chief Executive Emma Walmsley to sharpen the company’s research-and-development operations.

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Ford Posts Higher Profit, Lifts Guidance

Ford’s new chief executive is starting his tenure with the wind at his back, lifting its earnings outlook for the year in a move that helps address concerns about the company’s ability to weather softer conditions in the U.S. market.

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Investors to Big Oil: Restrain Yourselves

Three years into an oil price slump, investors want the world’s biggest oil companies to do something they have historically struggled with: Maintain some financial discipline.

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Executive Pay Falls for Big Mall Owners as Retail Storm Rages On

Turbulence in the retail sector is hitting executives working for the top mall companies where it hurts: in their wallets.

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Brazil's JBS in Deal with Banks to Renegotiate Debt

Brazilian meatpacking giant JBS SA reached a deal with banks to renegotiate about  20.5 billion reais ($6.5 billion) in debt as part of a broader effort to address the fallout of a massive bribery scandal.

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Boeing Raises Annual Profit Guidance

Boeing raised its full-year profit guidance and outlined plans to pay some of its big pension liabilities ahead of schedule.

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Nintendo's Switch Forecast Is Sign of Bottleneck

Nintendo kept its sales forecast for the Switch console unchanged despite strong demand, reflecting what analysts said is a supply bottleneck that could hurt it in the critical year-end holiday season.

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Trump Tower Mumbai Plays Up Connection to President

Promotional materials for the Trump Tower in Mumbai improperly featured a reference to President Donald Trump, showing how difficult it is to separate the president from a brand whose value is based on his name.

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China's HNA Deal With Global Eagle Falls Apart

Chinese conglomerate HNA Group’s planned $416 million purchase of a stake in a Los Angeles-based in-flight entertainment company has collapsed, the companies said, as the U.S. tightens scrutiny of Chinese deals.

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JD.com's Growth Outpaces China's E-Commerce Market

After years of torrid growth, China’s e-commerce market isn’t expanding quite as fast anymore. Online retailer JD.com is bucking the trend by widening its appeal to women and China’s growing number of affluent consumers.

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The Myth of Trump's Do-Nothing Presidency

Donald Trump’s detractors portray him as a do-nothing president with no big wins on issues such as health care, taxes and infrastructure. That may be true if the benchmark is legislation, but that’s an incomplete benchmark.

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Trump Sees 'Major Trade Deal' With U.K.

President Donald Trump said his administration was negotiating “to do a major trade deal” with the U.K., aiming to have it kick in soon after Britain completes its exit from the European Union in early 2019.

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Cohn and Yellen Are Among Trump's Contenders to Lead Fed

President Donald Trump is considering renominating Janet Yellen as Fed chairwoman but also views his economic adviser Gary Cohn as a top candidate, he told The Wall Street Journal in an interview Tuesday.

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Facebook Earnings Preview: What to Watch

Facebook Inc. is scheduled to announce its second-quarter earnings after the market closes Wednesday. Here is what you need to know.

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Trump Says Administration Is Taking Time on Steel Tariffs

President Donald Trump said his administration would take its time in making a long-awaited decision on whether to block steel imports, saying “we don’t want to do it at this moment.”

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U.K. to Ban Sale of Diesel, Gasoline Vehicles by 2040

The internal combustion engine was dealt another blow when the U.K. pledged to ban the sale of new gasoline and diesel cars by 2040, following a similar move three weeks ago by France.

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How a Silicon Valley Catholic School Plans to Spend Its Snap IPO Millions

A $15,000 investment in Snapchat’s parent five years ago turned into $34 million for Saint Francis High School in March. But then the real challenge began: how to spend the money.

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Looking for Work? Amazon Plans Job Fair for 50,000 Positions

The event, scheduled for Aug. 2, comes as Amazon.com is jockeying with other logistics companies for the same small pool of employees ahead of the holiday-shopping season.

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The State of 'Good Jobs' in America

At a time when politicians and pundits decry the end of middle-class jobs, it may come as a surprise that there are 30 million jobs paying more than $35,000 a year for U.S. workers without four-year college degrees.

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Fox Faces Lawsuit From Former Executive Accused of Sexual Assault

Francisco Cortes, a former Fox News executive who left the company after being accused of sexual assault and harassment by an on-air contributor, has sued the channel’s parent, 21st Century Fox, alleging fraud and breach of contract.

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AT&T's Results Top Wall Street Views

AT&T reported its third-straight quarterly revenue decline as it struggles to add—and retain—subscribers. Still, results beat Wall Street expectations.

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Blue Apron Co-Founder to Step Aside as Operating Chief

Blue Apron said co-founder Matthew Wadiak will step down as chief operating officer and serve as a senior adviser to the food-delivery startup

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Trump Says Apple CEO Has Promised to Build 3 Plants in U.S

President Donald Trump on Tuesday said in an interview that Apple Inc. Chief Executive Tim Cook has committed to build three big manufacturing plants in the U.S., a surprising statement that would help fulfill his administration’s economic goal of reviving American manufacturing.

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SoftBank Boosts Bet on Ride Hailing With Play for Stake in Uber

SoftBank Group is angling for a piece of Uber Technologies, a move that would further the grand ambitions of SoftBank’s charismatic founder and muddy the mix of alliances in the global ride-hailing business.

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UTC Warns Jet Makers That Poaching Service Business Will Mean Higher Prices

United Technologies Corp.’s boss warned Tuesday that the company may need to raise prices for its jet engines and aerospace parts, if airplane makers try to steal some of its lucrative maintenance business.

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Americans Pour Record Sums Into Home Improvements

A shortage of new single-family homes across the U.S. is pushing up prices and locking many buyers out of the market. The silver lining: a boom in renovations of existing homes.

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Viacom CEO Considers Costly Scripps Networks Acquisition

Viacom CEO Bob Bakish is contemplating what would be his boldest bet yet: an acquisition of Scripps Networks, operator of HGTV and Food Network. People familiar with the situation say Viacom is in talks to acquire the company, as is Discovery Communications.

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In Silicon Valley, the Big Venture Funds Keep Getting Bigger

Giant venture-capital funds are piling up in Silicon Valley, a sign that foundations, pension funds and endowments are still willing to rush money into the risky startup sector despite lingering concerns about overheated valuations.

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Labor Department to Start Process of Revising Overtime Rule

The Labor Department will begin the process reconsidering rules around when workers are eligible for overtime pay, potentially undoing one of the Obama administration’s major labor-policy changes.

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Former VW Executive to Plead Guilty in Emissions-Cheating Case

Former Volkswagen compliance executive Oliver Schmidt agreed to plead guilty in the U.S. to criminal charges stemming from his alleged role in the German auto maker’s yearslong emissions deception.

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Weak Inflation in Focus at Fed's July Policy Meeting

Federal Reserve officials are likely to hold monetary policy steady at the conclusion of their two-day meeting Wednesday, but any changes in their policy statement will be scrutinized for clues about the path for interest rates and when they might start shrinking the Fed’s balance sheet.

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You Want Snark With Those Fries? No One Is Safe From Wendy's Tweets

More than most companies, the No. 3 burger chain has taken to Twitter to taunt rivals and roast customers.

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GM's Profit Drops as It Pulls Back Abroad to Bet on U.S. Market

General Motors’ second-quarter net income plunged 42% on losses related to the sale of its European business and one-time charges linked to the company’s exit from some Asian markets.

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Caterpillar Boosts Outlook as Revenue Jumps 10%

Caterpillar boosted its revenue and outlook for the year as sales for its bulldozers, excavators and other equipment grew in many of its construction markets around the world.

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McDonald's Earnings Beat Expectations

McDonald’s Corp. said on Tuesday that its $1 dollar drinks promotion and a new line of burgers helped reverse a sales slump in the U.S. business.

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Seagate Shares Slide After Earnings Miss

Seagate Technology shares plunged 19% to $32.01 in early trading Tuesday after the company reported fourth-quarter profit and sales well below expectations.

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Working From Home? The Boss Wants You Back in the Office

Employers are ending or reducing remote-work arrangements as managers demand more collaboration, closer contact with customers—and more control over the workday. But bringing workers back to the office isn’t easy.

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Lego Boost Review: Meet Your Child's New Coding Coach

The new Lego Boost kit makes the classic bricks come to life with programmable motors and sensors. We asked three junior builders to help us put it to the test.

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Norovirus Outbreak Undoes Progress at Chipotle

Chipotle Mexican Grill, contending with a new norovirus outbreak, viral rodent videos and shareholder worries, will report earnings Tuesday.

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U.S. Consumer Confidence Rose in July

Americans became more confident about the economy in July. The Conference Board on Tuesday said its index of U.S. consumer confidence rose to 121.1.

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IMF Warns Eurozone Against Complacency, Sees Serious Threats

The immediate outlook for economic growth in the eurozone is “favorable,” but that shouldn’t distract attention from deep-seated problems that continue to threaten the currency area’s cohesion, the International Monetary Fund warned.

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Home-Price Growth Flattened in May

Home-price growth flattened across the U.S. in May, a sign that the rapid upward trajectory in the cost of buying a home may finally be coming to an end.

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Michael Kors to Buy Jimmy Choo for $1.2 Billion

Luxury-fashion company Michael Kors has reached a deal to buy Jimmy Choo for $1.17 billion, giving it a new avenue for growth as its core handbag market slows.

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SoftBank Seeks Multibillion-Dollar Stake in Uber

SoftBank is pushing to take a commanding stake in the ride-hailing market, angling for a piece of Uber after spreading its bets across a trio of Asian startups.

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HNA's U.S.-Based Charity Is the Chinese Conglomerate's Largest Shareholder

One of China’s most acquisitive conglomerates, privately owned HNA Group, has unveiled a new ownership structure in a bid to eliminate doubt over who ultimately controls the group.

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Barnes & Noble Is Urged to Sell Itself

Barnes & Nobel is being pushed to sell itself by Sandell Asset Management, which says the beleaguered bookseller could benefit from fresh investment.

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'Phelps vs. Shark,' Reviewed by a Shark

Discovery’s much-ballyhooed race between human swimmer Michael Phelps and a great white shark prompts a cold-blooded assessment.

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We Won't See You in Court: The Era of Tort Lawsuits is Waning

State restrictions, the increasing cost of filing and a long campaign by businesses has discouraged plaintiffs. ‘People are just not filing cases like they used to,’ says one D.C. trial judge.

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Sony Restructures Television Unit

Sony Pictures Entertainment has restructured its television production unit in the wake of two top executives departing last month to oversee’s push into creating original content.

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Visual-Effects Company Sues Another Two Movie Studios

Rearden LLC on Monday sued Twentieth Century Fox, Paramount Pictures and videogame publisher Square Enix Inc. in federal district court in San Francisco.

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Payless Reorganization Plan Wins Court Approval

Payless Shoe’s reorganization plan won court approval on Monday, moving the discount shoe retailer closer to exiting bankruptcy protection.

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AbbVie Ordered to Pay $150 Million in AndroGel Lawsuit

A federal-court jury in Chicago ordered drugmaker AbbVie to pay $150 million in punitive damages to an Oregon man after finding the company liable for fraudulent misrepresentations about the safety of the testosterone-replacement therapy AndroGel, according to court records.

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U.K. Opens Corruption Probe in Rio Tinto in Guinea

The U.K.’s Serious Fraud Office said Monday it opened an investigation into suspected corrupt activities by mining giant Rio Tinto in Guinea.

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Daimler Invests in Beijing-Based Self-Driving Startup Momenta

Mercedes-Benz parent Daimler AG is investing in a Chinese self-driving startup, in another instance of a Western auto maker seeking out a Chinese partner to get a foothold in a challenging market.

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Telecom Italia CEO Departs Amid Vivendi Tensions

Telecom Italia on Monday said Chief Executive Flavio Cattaneo has resigned, amid mounting tensions with shareholder Vivendi.

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EU Fine Drags on Google Parent Alphabet's Profit

Google parent Alphabet’s quarterly profit fell because of a fine from European regulators, but other metrics show the company’s massive ad business continues to hum.

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AT&T Earnings Preview: What to Watch

AT&T Inc. is slated to report second-quarter earnings after the market close Tuesday. Here’s what you need to know.

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McDonald's Earnings: What to Watch

McDonald’s is scheduled to announce its second-quarter earnings before the market opens on Tuesday. Investors will be watching for updates on a multiyear growth plan and franchisee initiatives.

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Caterpillar Earnings: What to Watch

Caterpillar will report second-quarter earnings Tuesday. Investors will be watching for signs of a recovery in a number of mining and construction markets and growth in Chinese demand.

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Time Looks to Sell Majority Stake in Essence

Time Inc. is looking to sell a majority stake in Essence, the first big move by the publisher since it decided against selling the entire company this spring.

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Western Union Opens New Front in Cash-Transfer War: Gas Stations

Western Union is turning gas-station attendants in Australia into money-transfer agents, reaching out to customers like taxi and Uber drivers looking to send cash at all hours of the day and night.

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Car Industry's Diesel Woes Just Won't Die

This was supposed to be the year Volkswagen drew a line under its diesel-emissions scandal. Instead the scandal seems to be spreading to the other German car giants.

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Arconic Raises Sales Outlook

Arconic Inc. said its second-quarter earnings rose as the aerospace- and automotive-parts maker worked to cut costs. The company also raised its full-year performance outlook.

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U.S. Existing-Home Sales Fell in June

Sales of previously owned U.S. homes dropped in June, held down by tight inventory.

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KKR to Buy WebMD in $2.8 Billion Deal

KKR has reached a deal to buy WebMD Health Corp. for $2.8 billion. The New York-based health-information provider had been running an auction after publicly putting itself in play earlier this year.

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Apple Supplier Foxconn Looks at Producing Display Panels in Wisconsin

Taiwan’s Foxconn Technology Group, which assembles Apple’s iPhones, is nearing a decision to invest in Wisconsin and could hold an event in Washington, D.C., as soon as this week to discuss U.S. investment plans.

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Expedia, Priceline Home In on Airbnb's Turf

As the vacation-rental industry rapidly expands as a popular alternative to hotel stays, Expedia and Priceline are betting big on the sector by boosting their inventory of home-rental options that can be booked similarly to a hotel, with just a few clicks.

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Samsung Releases Lower-Cost Alternative to J&J's Drug Remicade

South Korea’s Samsung conglomerate, best known for its smartphones and televisions, will make available on Monday in the U.S. its lower-price copy of Johnson & Johnson’s blockbuster rheumatoid-arthritis drug Remicade

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Alphabet Earnings: What to Watch

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

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Cloud Wars at the Right Price

The cloud computing business is growing, and revenue is building even without the draw of price cuts.

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Ryanair Profit Soared 55% in Latest Quarter, Topping Expectations

Ryanair, Europe’s largest airline by passenger numbers, said net profit rose 55% in its fiscal first quarter, bolstered by strong ticket prices—but warned that overcapacity will continue to pressure fares.

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U.S. Message to China: Hands Off Our Companies

The American committee that screens foreign investments is holding up high-profile acquisitions involving Chinese companies amid concern about the risks they might pose to U.S. national security.

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In Reversal, Colleges Rein In Tuition

U.S. college tuition is growing at the slowest pace in decades, following a nearly 400% rise over the past three decades that fueled middle class anxieties and a surge in student debt.

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Global Economy Week Ahead: U.K., U.S. GDP and Federal Reserve

The last week of July will see preliminary second-quarter gross-domestic-product figures for the U.K. and U.S. On the central banking front, the Federal Reserve will meet, with a policy statement scheduled for release on Wednesday.

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Eurozone Economy Slows in July, Survey Shows

The eurozone economy slowed in July, according to a survey of businesses, an indication that it may not perform as strongly in the second half of the year as it has in the first.

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Uber Rival Grab's Fundraising Values It at $6 Billion

Singapore-based ride-hailing firm GrabTaxi Holdings is raising $2.5 billion in Southeast Asia’s largest-ever round of startup fundraising as it seeks to battle Uber Technologies Inc. across the populous region.

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BMW Denies VW Claims of Possible Coordination by German Car Makers

Germany’s largest car maker has asked Europe’s antitrust watchdog to scrutinize decades of coordination efforts by the country’s main auto manufacturers amid growing concern they might have breached antitrust regulations.

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How Cyberwarfare Makes Cold Wars Hotter

Ransomware attacks such as WannaCry seek information that combatants can leverage in a global online war fought with coercion not force.

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Battle Over Government's Version of Yelp for Banks

A government complaint database popular with consumers has become the latest battleground for efforts to curb the Consumer Financial Protection Bureau’s authority.

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Lawyers Hope to Do to Opioid Makers What They Did to Big Tobacco

Mike Moore, a pioneer of the cigarette litigation of the 1990s, is encouraging states to sue drug companies over the painkiller epidemic.

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President's Sign-Off Deals Blow to China Inc.'s Global Spending Spree

China reined in one of its brashest conglomerates with the approval of President Xi Jinping—a mark that the broader government clampdown on large private companies comes right from the top.

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KKR Near Deal to Buy WebMD

Private-equity firm KKR is nearing a deal to buy health-information provider WebMD Health, according to people familiar with the matter.

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Next Leap for Robots: Picking Out and Boxing Your Online Order

Developers are close to creating robots that can move products off shelves and into boxes, a breakthrough that would revolutionize one of the most labor-intensive aspects of e-commerce.

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'Dunkirk' Triumphs at Box Office

Executives at Time Warner Inc.’s Warner Bros. breathed perhaps the biggest sigh heard in Hollywood this summer as a costly World War II epic opened successfully.

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Boeing, Flying High, Stays the Course on Job Cuts

Boeing Co. presses forward with efficiency push, cutting 6,000 staff or 4% of its workforce in the first half of 2017, its fastest pace in a decade, as its stock hits new records.

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Norway Takes Lead in Race to Build Autonomous Cargo Ships

Two Norwegian companies are taking the lead in the race to build the world’s first crewless, autonomously operated electric ship, an advance that could mark a turning point in seaborne trade.

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Canadian Wildfires Choke Lumber Supply to U.S. Home Builders

Wildfires in Canada are making lumber harder to find for U.S. home builders.

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Lyft Shifts Gears With New Driverless-Car Division

Lyft said it is forming its own autonomous-car development division, hiring hundreds of engineers for it and opening a new office in the heart of Silicon Valley.

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NASA Finds Ways to Prevent Battery Fires

NASA research to prevent catastrophic fires on vehicles in orbit soon is expected to make personal robots, audio gear and other electronics safer on the ground.

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Cellphone Bills in India Inch Closer to Zero

India’s richest man said his cellular company has developed an inexpensive, web-enabled mobile phone for the masses, a move that could force some of the world’s leading phone makers to slash prices to stay competitive.

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Siemens Cuts Russia Presence After Turbines End Up in Crimea

Siemens announced measures to reduce its presence in Russia, including its exit from joint venture Interautomatika, after four gas turbines delivered by one of the German company’s Russian partners for a power plant project turned up in Russian-occupied Crimea, possibly violating European Union sanctions.

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White House to Tackle Manufacturing Gaps It Says Weaken U.S. Security

The Trump administration is asking the Defense Department and other agencies to assess industry’s ability to fill U.S. defense needs.

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Proposals Coming to Improve Electronic Money Transfers

A Federal Reserve-sponsored task force is preparing to unveil proposals by financial institutions, payments providers, trade groups and others to improve the decades-old U.S. systems for moving money electronically.

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China Portrays U.S. Trade Talks in Glowing Light

Although little progress was made at Washington-Beijing trade negotiations this week, Beijing appeared a day later to want to project stability ahead of major leadership shuffle.

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General Electric Makes Progress on Cost-Cutting

In Chief Executive Jeff Immelt’s last report at the helm of General Electric, the company showed progress on reaching its cash-flow and cost-cutting goals.

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Big Tobacco Finds Surprise Allies in Smokeless Push

Tobacco companies want U.S. regulators to bless smokeless tobacco as a safer alternative to smoking, as cigarette consumption falls. In its campaign, Big Tobacco has unusual supporters: some public-health advocates.

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Wal-Mart, Amazon Rivalry Spreads to Forklifts

Wal-Mart has agreed to invest in Plug Power Inc. and buy more of its fuel-cell-powered machines, a move that mirrors a deal struck by Amazon earlier this year.

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AB InBev to Buy Energy-Drinks Maker Hiball

Anheuser-Busch InBev is acquiring Hiball, a San Francisco-based company making organic energy drinks and carbonated juices and water.

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Microsoft Profit Jumps, Fueled by Cloud Computing

Microsoft continued its rebirth as a force in cloud-computing, posting stronger-than-expected gains in its business of selling web-based services to corporate customers.

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Musk Tweet Teases a New York-to-D.C. Hyperloop

Known for his teasing tweets and ever-expanding list of high-tech ambitions, Elon Musk set observers abuzz again with a vague claim he received “verbal” approval for a high-speed, tunnel-based travel system along one of the busiest corridors in the U.S.

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GM Eases Summer Production of Chevrolet Bolt

Workers assembling General Motors Co.’s Tesla fighter are taking a month off this summer amid lukewarm demand, a sign American car buyers are showing little interest in vehicles that rely solely on battery power to get from Point A to B.

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IMF Falls Short of Transparency Rules as Key Discussions Remain Secret

The International Monetary Fund provides public access to board-meeting minutes only up to 2010, even though its guidelines require that such information should be available for more-recent deliberations.

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U.S. Fines Exxon $2 Million Over Russia Sanctions Breaches

The U.S. Treasury Department imposed a $2 million fine on Exxon Mobil Corp. for violating sanctions on Russia while Secretary of State Rex Tillerson was the oil giant’s chief executive.

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China's Tough-Talking Theme-Park Mogul Surrenders to Minnie Mouse

The theme-park retreat by billionaire Wang Jianlin’s Dalian Wanda Group reflects the challenge of rising to show-business superpower. China has yet to field companies with the talent to compete with Hollywood’s movie and TV studios, which have parlayed a century of film-making into global park empires.

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Over 100 Report Being Sickened at Virginia Chipotle

Chipotle Mexican Grill reopened the location it temporarily closed this week in Sterling, Va. after learning of a small number of customers who complained of getting sick after eating there.

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Microsoft Earnings: What to Watch

Microsoft is scheduled to report fiscal fourth-quarter earnings after the market closes Thursday

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Unilever Reassures Investors With Strong Earnings

Unilever reported a sharp rise in first-half profit and forecast better-than-expected margins for the full year, making good for now on its promise to improve its performance after fending off a $143 billion takeover approach from Kraft Heinz.

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China Is Now Coming for Your Favorite Sitcoms

Beijing’s internet censors are now targeting American and other foreign TV shows that are popular with young Chinese as it tries reinsert Communist ideology into public life.

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Veteran U.S. Official to Lead Nafta Talks

The Trump administration has tapped a veteran trade official involved in the original North American Free Trade Agreement to lead new talks with Canada and Mexico on an overhaul of the agreement starting next month.

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BP Said to Approach Possible Buyers for North Sea Assets

BP has approached potential buyers of its oil-and-gas production assets in the North Sea, people familiar with the matter said.

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PepsiCo CEO Picks a No. 2, but No 'Heir Apparent'

PepsiCo’s longtime leader Indra Nooyi is promoting one of her lieutenants to serve as the company’s president, filling a No. 2 role that has been vacant for nearly three years and shuffling around her potential successors.

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Twitter Crackdown on Abuse Raises Question: Do the Rules Apply to Trump?

Twitter said it has clamped down on harassment on its service, a campaign that is forcing the company to confront tricky questions about how it applies its standards.

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Sears to Sell Kenmore Brand on Amazon

Sears will start selling its Kenmore refrigerators and stoves on Amazon.com, marking the first distribution of its kitchen appliances outside of its own stores.

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Appeals to the Ego? Lawyers Vie for Growing Number of Rankings

Solicitations for a mushrooming number of attorney awards and rankings are inundating law firms, and consultants have popped up to guide firms through the submissions process.

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Why Small Firms Are Giving Out 15% Pay Raises

As the job market tightens, small-business owners are boosting pay to keep experienced hands from jumping ship.

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GOP Lays Out Budget Plan That Could Be Path to Tax Overhaul

House Republicans took the first step Wednesday toward a plan to overhaul the U.S. tax code as considered a federal budget resolution they must pass to advance a tax bill without any Democratic support

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U.S. Jobless Claims Dropped Last Week

The number of Americans applying for first-time unemployment benefits fell last week, another signal of a buoyant job market.

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Fed Faces Inflation Riddle

The Fed is likely to stand pat on policy when it concludes a policy meeting next week, but it faces a debate about the future path of interest-rate increases because of a deepening puzzle over inflation.

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ECB Reiterates Commitment to Bond-Buying Program

The European Central Bank left its key interest rates unchanged and retained a passage in its opening statement that reiterates its readiness to bolster its bond-buying program should economic conditions worsen.

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Low Earners Are Making the Biggest Gains for the First Time in Years

For the first time in years, pay for lowest-income Americans is rising faster than for other groups. Weekly pay for earners at the lowest 10th percentile of the wage scale rose at a faster rate last quarter, from a year earlier, than any other group.

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Volvo, Fueled by China Sales, Stays on Track for Record Year

The Swedish car maker, owned by China’s Geely, says it is on course for record sales in 2017 after logging a 23% net-profit gain in the latest quarter, buoyed by growth in Asia.

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Charter Airline Dynamic International Airways Files for Bankruptcy

Charter carrier Dynamic International Airways LLC, which offers charter flights to regional cities in China, filed for bankruptcy protection Wednesday to stabilize its business.

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Canadian Utility Hydro One to Buy Avista

Hydro One said it has agreed to buy Avista for $53 a share as the Canadian utility company seeks to expand its North American footprint.

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T-Mobile Gains More Customers

T-Mobile US Inc. continued to grow in the second quarter and raised projections for the year, saying that it still expects to capture all of the growth in the market’s most desirable customer group.

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Hospitals Fight to Keep Medicare Drug Subsidies

The nation’s hospitals are lobbying to keep lucrative pharmaceutical subsidies that Medicare pays certain facilities for drugs they buy and administer to patients.

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Jana Sells Whole Foods Stake

Jana Partners, the activist hedge fund whose push to shake-up Whole Foods Market helped prompt Amazon.com to buy the natural grocer, has sold its stake in the company.

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Qualcomm Profit Plunges Without Royalties From Apple

Qualcomm Inc. on Wednesday said profit fell 40% in its latest quarter, the first in years that didn’t include patent royalties on devices from Apple Inc.

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CSX Warns of 'Bumps in the Road' as It Tightens Rail Schedules

CSX Corp. is telling some shippers to brace for growing pains, including additional days of transit times, as the railway implements Chief Executive Hunter Harrison’s plan to tighten schedules.

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Country Stores, a New England Institution, Are Going Dark

Across New England, classic rural general stores are on the decline amid new competition, especially from online shopping and chain dollar stores. But some are finding ways to fight back.

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Univision Has Fielded Interest From Potential Bidders Amid IPO Delays

Univision has been fielding interest from potential bidders after the media company’s initial public offering was delayed.

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Testing Bixby, Samsung's Ambitious Plan to Make You Talk Like Iron Man

Samsung’s plan to conquer Siri, Alexa and Google Assistant moves talking AIs in an ambitious new direction. Too bad Bixby under-delivers in its debut in the Galaxy S8, writes Geoffrey A. Fowler.

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A New Perk for Frugal Business Travelers

Upside Travel, a new company from Priceline’s founder, bets you’ll book their flight and hotel packages if there’s a form of cash in it for you.

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Companies Go Public, and the Board Is a Boys' Club

Nearly half of the 75 biggest initial public offerings of the last three years involved companies that lacked female directors when they went public, a new analysis found.

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U.S. Opens Difficult China Trade Talks

The Trump administration launched its first economic talks with China amid signs that new difficulties were emerging in the friendly dialogue the two governments have been holding over the past three months.

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Senate Labor Committee Advances Labor Board Nominees

The Senate’s labor committee approved two Republicans whom President Donald Trump nominated for vacant spots on the National Labor Relations Board on a party-line vote Wednesday.

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GOP Looks to Tax Policy After Health-Care Setback

Republicans, after a six-month effort to rewrite health-care law that appears to be ending in defeat, are hoping tax policy can deliver them a landmark victory but acknowledge it won’t be quick or easy.

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EU Court to Rule on 'Right to Be Forgotten' Outside Europe

The European Union’s top court is set to decide whether the bloc’s “right to be forgotten” stretches beyond Europe’s borders, a test of how far national laws can—or should—stretch when regulating cyberspace.

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Old Worries Await GE's New Chief

GE’s quarterly results, due Friday, will give the company’s incoming boss a taste of what he is up against: concerns about long-term profit goals and generating cash in the short term.

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Robots Take Over Retail Jobs

The U.S. retail industry’s 16 million workers are at risk of seeing their jobs replaced by automation as large chains, under pressure from Amazon, increasingly use technology to do rote tasks.

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Akzo Nobel Chief Quits Over Health

Dutch paint giant Akzo Nobel said its chief executive has resigned for health reasons, though the unexpected move won’t slow its plan to spin off its chemicals business to appease shareholders.

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Apple Picks New Chief for One of Its Toughest Markets: China

The tech titan has named Isabel Ge Mahe to a newly created executive role to oversee operations in a market where the iPhone maker faces increasingly fierce competition and regulatory challenges.

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Samsung's Siri Rival, Bixby, Hopes to Have You at 'Hello'

After a string of delays, the English-language version of Samsung’s virtual assistant Bixby has launched in the U.S., presenting a new rival to Apple’s Siri.

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U.S. Housing Starts Rose in June

U.S. housing starts rebounded last month, signaling positive momentum for home builders trying to meet solid buyer demand.

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ECB Chief Expected to Reinforce Tightening Signals

When European Central Bank chief Mario Draghi faces the media on Thursday after the bank’s latest policy meeting, he is expected to let stand his earlier hint at a possible reduction of the ECB’s giant bond-buying program.

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Markets to Fed: Please Leave Us Alone

Criticism of exotic Fed tools such as quantitative easing stands to gain in prominence because it is shared by some of the people who may one day run the Federal Reserve.

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U.S. Walks Fine Line on Trade Talks With China

Chinese officials emphasized their ability to quell trade tensions with President Trump while some U.S. business groups expressed concern their government might end up going too easy on Beijing.

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Eurozone House Price Growth Eases

The eurozone’s housing market cooled in the first three months of the year, as declines in German prices eased worries that a long period of very low interest rates risked fueling a bubble.

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Spice Maker McCormick Adds French's Mustard to Its Shelf

The U.S. company agreed to acquire Reckitt Benckiser’s food unit, whose brands also include Frank’s RedHot hot sauce, for $4.2 billion, the latest in a wave of deal activity in the global packaged-foods sector.

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Big Food's Next Big Problem: Supermarket Brands

Americans have been late to the game in adopting private-label supermarket products. That’s changing, leaving huge room for traditional brands to suffer.

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Discovery Communications and Scripps Networks in Merger Talks

Discovery Communications is in talks to combine with Scripps Networks Interactive, people familiar with the situation said, a deal that would unite two media companies trying to chart a course in a cable TV industry being upended by digital consumption.

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Health Insurers See New Uncertainty After GOP Bill's Collapse

The apparent collapse of Republican efforts to replace the Affordable Care Act creates a new wave of uncertainty for the health-care industry, particularly for insurers offering plans to consumers on the law’s exchanges.

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Target CEO Sees Slowdown in Hispanic Spending

Hispanic consumers in the U.S. are shopping less, Target’s chief executive said, potentially deepening the country’s retail woes.

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IBM Revenue Decline Continues to Pressure Bottom Line

International Business Machines said second-quarter profit fell 6.9% from a year earlier as revenue declined in the business units that include its cloud computing and Watson-artificial intelligence operations.

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United Latest Airline to Ride New Fares and Fees to Higher Revenue

United Continental said profit and revenue rose in the second quarter, the latest airline to find success offering a wider range of fare categories and fees.

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Daimler Plans Emissions Modifications on More Than 3 Million Vehicles

Daimler said it would tweak the engine software on more than three million diesel vehicles to improve emissions amid probes in the U.S. and Europe into allegations that the maker of Mercedes-Benz cars cheated on emissions.

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Vertex Reports Positive Data for New Cystic-Fibrosis Drugs

Vertex Pharmaceuticals said three of its newest cystic-fibrosis drugs in development showed promise in early clinical trials treating the progressive lung disorder.

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Sunac's Debt Load Draws Attention After Wanda Deal

Property tycoon Sun Hongbin built a reputation for bailing out indebted companies, but now the debt of his own empire is leading to worries.

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Trump Tax Policy Nominee Regrets Prior Stance on Shelters

President Donald Trump’s pick to run the Treasury Department’s tax policy office said he wished he had acted differently when the accounting firm he helped lead was marketing aggressive tax shelters.

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Six Flags CEO Out After 17 Months at Helm

Six Flags Entertainment said Chief Executive John Duffey is retiring after spending 17 months leading the theme-park operator. He will be replaced by Jim Reid-Anderson, who led the company until February 2016.

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America's Farmers Turn to Bank of John Deere

With banks more tentative, the machinery maker has raised financing to growers, keeping them as customers but feeding a menacing debt.

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Google Parent Alphabet Tries Again With Eyeglass-Mounted Device

A new version of the product targets large corporate customers—not general consumers.

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UAW Working to Organize Employees at Mississippi Nissan Plant

The United Auto Workers union is stepping up efforts to represent workers at a Japanese auto factory in Mississippi, its most visible organizing drive since President Donald Trump won the election and breathed new life in the Buy American movement.

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Chipotle Faces New Food-Safety Scare

Chipotle Mexican Grill Inc. is facing another blemish to its food safety record more than a year after navigating a crisis that put a dent in the company’s revenues and profits.

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AMC Says Dalian Wanda Didn't Fund Recent Acquisitions

AMC Entertainment Holdings Inc. said it never got financial help from Chinese parent company Dalian Wanda Group for the acquisitions of four cinema chains in the U.S. and Europe.

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Is Religion at Work Still Taboo? Not Everywhere

Faith is coming up more often at work, forcing managers and employees to grapple with religious expression in the office. One firm’s solution: a 92-page guide.

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Pay for College Interns Is So 2010

More internships are paid these days, and pay is inching up, though it remains below 2010 levels when adjusted for inflation.

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Harley-Davidson Lowers Outlook as Retail Sales Slide

Harley-Davidson lowered its shipment expectations for the full year after reporting another quarter of disappointing sales.

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UnitedHealth Sees Strong Growth Despite ACA Exits

UnitedHealth reported profit growth in the second quarter, as the company works to recoup revenue lost from efforts to exit from Affordable Care Act markets.

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Lockheed Martin Raises Guidance on Strong Results

Lockheed Martin raised its full-year guidance for sales and profit Tuesday, as the company’s latest quarterly results exceeded Wall Street expectations, boosted by sales in its aeronautics segment.

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Property Developers Push for Open Drinking on City Streets

More cities are allowing patrons to walk around with open containers to generate buzz in retail spots. The hope: that lively atmospheres will encourage patrons to linger and shop.

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Sizmek to Acquire Rocket Fuel for $125.5 Million

Sizmek, an advertising technology company owned by private-equity firm Vector Capital, has agreed to acquire public ad-tech company Rocket Fuel for $125.5 million.

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Monetary Policy in Japan Has a New Problem: Amazon

Retailers have been cutting prices in response to the rise of online rivals like Amazon, disrupting what had seemed like perfect conditions for Japan to get the stable dose of inflation it has long been looking for.

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House Republicans Set Out Plan to Rewrite Tax Code

House Republicans are unveiling an ambitious fiscal plan on Tuesday that could let them pair a landmark tax bill with at least $203 billion in deficit-reduction measures, while partially repealing the Dodd-Frank financial regulations—all without any votes from Democrats.

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U.K. Inflation Eases Unexpectedly in June

U.K. consumer inflation slowed unexpectedly in June, offering a tentative sign that a lengthy squeeze on households since last year’s Brexit vote may be easing slightly.

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China Aims to Take Over Car Industry, One Part at a Time

China-based businesses have been sinking money into automotive operations abroad—from glass and tire suppliers to technology developers and car makers—reflecting Beijing’s goal of eventually dominating the world’s vehicle business. Many of the investments are in the U.S.

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China's Stopchat: Censors Can Now Erase Images Mid-Transmission

China’s internet censors have demonstrated a new strength—the ability to delete images in one-on-one chats as they are being transmitted, making them disappear before receivers see them.

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These Male Authors Don't Mind if You Think They're Women

With psychological thrillers told from a female point of view a hot genre, male writers find an ambiguous pen name doesn’t hurt; trying on a bra.

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Proxy Fights Are a Rarity for Peltz's Trian

Trian Fund Management doesn’t wage proxy fights often, but when it does, it goes big. The activist investor launched a campaign to get co-founder Nelson Peltz elected to the board of Procter & Gamble. Worth $222 billion, P&G is the largest company to ever face such a campaign.

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Unable to Buy U.S. Military Drones, Allies Place Orders With China

Several countries in the Mideast and Africa have deployed weapons in conflicts after buying from Beijing—at lower cost.

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Fiat Chrysler Sponsorship of Sesame Street Puts Muppets in Driver's Seat

Fiat Chrysler Automobiles is joining Sesame Workshop, the nonprofit that owns the long-running children’s television show, in a year-long sponsorship deal.

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White House Unveils Its Plans for Remaking Nafta

The Trump administration on Monday unveiled its road map for overhauling the North American Free Trade Agreement, pressing to preserve “Buy America” provisions and stymie currency manipulation in its bid to remake the trade deal linking the U.S., Canada and Mexico.

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U.S. Companies Have a New 401(k) Fix: Spend More

Companies from Microsoft to Host Hotels & Resorts are boosting contributions to their workers’ 401(k) plans, a move many firms have long resisted because of the costs.

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Sears Hit With 401(k) Lawsuit

Sears Holdings and its CEO, Eddie Lampert, are being sued for allegedly encouraging participants in its 401(k) plan to buy company stock despite well-publicized struggles that have battered Sears shares since 2014.

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Fresh Highs for Markets Leave Some Investors Digging for Value

As valuations rise to the highest levels in years, some investors are shifting funds into the market’s least-loved investments.

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Netflix Surprises With Big Subscriber Gains, Shares Soar

Netflix blew through its estimate for subscriber growth in the second quarter, adding 5.2 million users, as the streaming giant showed it is thriving in a hotly-competitive market for internet television.

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Cargo Imports Surged at U.S. Seaports in June

U.S. importers are on pace to bring more goods through the country’s seaports this summer than last, building up inventories in a sign of growing hopes that the economy will pick up steam this fall.

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Tesla Names James Murdoch and Linda Johnson Rice to Board

Tesla, which has faced criticism from its investors about a lack of independent directors, named 21st Century Fox CEO James Murdoch and Ebony Media CEO Linda Johnson Rice to its board.

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Disney's 'Beauty and the Beast' Gets Entangled in Visual-Effects Lawsuit

A lawsuit against Disney has roped the company into a legal dispute over rights to a visual-effects technology, potentially threatening its ability to profit from the top-grossing movie so far this year.

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Judge Narrows Scope of Pay Data Google Has to Turn Over

Google won’t need to turn over an entire set of employee compensation data to federal auditors, dealing a setback to the Department of Labor’s effort to prove the internet giant is underpaying women.

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India's Mahindra Doubling U.S. Investment Over Five Years

Mahindra & Mahindra Ltd. plans to double its bets in the U.S. over the next five years, spending $1 billion in an effort to strengthen the Indian company’s brand as President Donald Trump pressures companies foreign and domestic to steer investments toward America.

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Flexport to Open First Warehouse in Southern California

Freight-services startup Flexport Inc. is stepping off the cloud and into the real world. The San Francisco-based firm, which helps customers arrange freight shipments online, will open its first warehouse on Aug. 1 near the ports of Los Angeles and Long Beach.

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Activist Proxy Fight Puts Focus on P&G's Cost-Cutting Effort

Over the years when Procter & Gamble Co. wasn’t able to sell more Tide or Pampers, the company could at least point to one clear success: a sweeping, $10 billion cost-cutting plan executed ahead of schedule.

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The Problem With China's Economic Growth

Domestic demand fueled 6.9% expansion in the second quarter, beating forecasts, but real estate fueled much of the growth and Beijing hasn’t yet made a significant dent in the country’s debt.

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FedEx Struggles to Bounce Back From Cyberattack

Customers waiting for packages abroad are experiencing significant delays as FedEx continues to reel from the effects of a June 27 cyberattack.

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Chinese Firm Launches Bid to Make Credit Ratings More Transparent

China’s Dagong Global aims to boost transparency in the country’s often-murky world of corporate credit ratings, with plans for a digital credit-rating platform that requires companies to submit financial information daily.

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Gameday for Disney to Boost ESPN Growth

Disney’s upcoming round of contract negotiations with pay-TV companies could help improve the outlook for ESPN and revive the media company’s stock.

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Washington Cos. to Buy Dominion Diamond

Canadian mining company Dominion Diamond said Monday that it agreed to be acquired for $1.15 billion after a monthslong standoff with Montana-based Washington Cos.

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Health-Law Taxes Divide the GOP

Republican efforts to pass a health-care bill have revealed a party fissure on tax policy with potentially far-reaching repercussions when the GOP takes on a broader tax-code rewrite later this year.

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This Country Just Raised Its Minimum Wage by 16%

South Korea plans a steep rise in the benchmark compared with recent increases in other developed economies, drawing criticism from small businesses as the country’s new left-leaning administration implements its policy agenda.

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5 Billion Reasons Toys 'R' Us Struggles as Amazon Soars

The toy retailer, with $5 billion in debt, has spent $100 million over the past several years to generate more online sales. But cash-rich rivals are investing far more.

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Buffett Could Be Costly Option for Sprint and SoftBank

Softbank’s Masayoshi Son met with Warren Buffett to talk about an investment in Sprint—but that’s not likely to come cheap.

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Uber's Setbacks Mount as It Exits Macau

Uber said it is suspending its operations in the Chinese gambling hub of Macau, the latest retreat for the ride-sharing giant as it continues to face regulatory pressure from many overseas markets.

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Emirates, Flydubai Connect in New Middle East Airline Alliance

Dubai-based carriers Emirates and Flydubai are going to work more closely together through a wide-ranging tie-up, in the latest sign that intensifying political and economic pressures are making Middle East carriers rethink their business plans.

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'Herculean' U.S.-China Trade Deal Gets Less-Than-Heroic Reviews

As the U.S. and China mark the 100-day deadline for opening long-restricted markets in finance and agriculture, affected American companies say Beijing has met the letter of its pledges, yet fallen short of the spirit.

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China Blocks Big Banks From Lending to Dalian Wanda

Chinese regulators have ordered the nation’s big banks to put the brakes on loans to Dalian Wanda Group, the giant property and entertainment company owned by billionaire Wang Jianlin.

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Trian to Launch Proxy Fight Against P&G

Investor Nelson Peltz plans to launch a fight for a board seat at Procter & Gamble, in an effort to jolt the consumer-products giant whose sales and profit growth stalled.

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China Maintains Growth Rate for Quarter

China’s economy steamed along strongly in the second quarter, matching the 6.9% growth rate in the first, as Beijing balances its growth objectives against the need to rein in excessive credit and an overheating property market.

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Venice Beach Is a Hot Place to Live, So Why Is Its Housing Supply Shrinking?

Some of the toughest places to build new housing in the U.S. are older urban, low-rise neighborhoods like Venice, Calif., where some residents fight to keep high-rises out.

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Global Trade's Evolution May Check Trump's Protectionism

President Donald Trump has looked to make protectionism respectable again, but changes in the international economy and the institutions governing trade are acting as constraints on what he can achieve.

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Connecticut's Fiscal Woes Spell Bad News for Road, Rail Renewal

Connecticut’s roads, bridges and rail projects may be in for trouble. After the state failed to pass a budget before the fiscal year ended on June 30, lawmakers are now taking aim at infrastructure projects.

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Global Economy Week Ahead: Central Bank News Out Front

Central bank news will be front and center this week, with the Bank of Japan and European Central Bank holding their respective monetary policy meetings.

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Two VIP Billionaires Teamed Up to Run Luxury Hotels. It's Been a Slog

Bill Gates and Prince al-Waleed bought Four Seasons for $3.8 billion near a market peak, feuded over matters large and small, then made up. Inside a rare partnership of giants.

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Apes Overthrow Spider-Man atop Box Office Rankings

Nearly 50 years after Charlton Heston first felt their stinking paws, the “Planet of the Apes” primates have topped the box office yet again.

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How Apple vs. Samsung Became a Smartphone Beauty Contest

As Apple Inc.’s 10th anniversary iPhone approaches, Samsung Electronics Co.’s new Galaxy S8, with a curvaceous display screen, is raising the design stakes.

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Can the Most Expensive Indie Movie Ever Break Even?

With a budget of $180 million, the 3-D spectacle “Valerian” will need to win over global audiences to make money.

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Bitcoin Takes Weekend Slide

The price of the digital currency bitcoin fell over the weekend, dropping below $2,000 and farther away from its June highs, part of a broad selloff in dozens of cryptocurrencies.

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New Jets Threaten Airbus and Boeing Duopoly

The nearly two-decade global dominance by Airbus and Boeing of the so-called single-aisle airliner market is threatened by three new competitors from China, Russia and Canada.

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After Stumbling in Online Video, Publishers Embrace Facebook, TV Licensing

Condé Nast, Time Inc., Hearst and other legacy magazine publishers are redoubling their efforts in online video after learning from their stumbles over the past few years.

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Musk Warns Nation's Governors of Looming AI Threat

Artificial intelligence will threaten all human jobs and could even spark a war, Tesla and SpaceX Chief Executive Elon Musk told the National Governors Association, as he called for the creation of a regulatory body to guide development of the powerful technology.

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Lift in Demand Fuels Hopes Trucking Has Turned the Corner

With trucking and logistics firms set to report earnings, improving freight demand could signal brighter days ahead for transportation companies—if they can persuade retailers and manufacturers to pay more for shipping.

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Apple Tests the Faithful

Rumors that Apple’s new iPhone will arrive late—and at a much higher price—complicates Wall Street’s hopes for a “supercycle.” Apple’s faithful will likely go along, but will the mass market?

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The New Hot Office Market: Central New Jersey?

Less expensive office space and swank upgrades spur leasing in midstate New Jersey market.

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California Pushes New Incentives for Zero-Emissions Vehicles

Lawmakers consider $3 billion in rebates to help meet state mandates for cuts to greenhouse gas emissions.

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Can the Tech Giants Be Stopped?

Google, Facebook, Amazon and other tech behemoths are transforming the U.S. economy and labor market, with scant public debate or scrutiny. Changing course won’t be easy.

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Canada's Trudeau Eyes Lumber Deal With U.S.

Canada is working toward cutting a deal with the U.S. to end the latest trade row over lumber before it enters into talks to revamp the North American Free-Trade Agreement, Prime Minister Justin Trudeau said Friday.

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AstraZeneca CEO's Future Remains Shrouded in Mystery

The mystery surrounding the intentions of the chief executive of AstraZeneca PLC, one of the world’s largest pharmaceutical firms, remains…a mystery.

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Ashley Madison Parent Nears Settlement in Data-Breach Suit

Ruby Corp., the company behind the Ashley Madison website, won’t admit wrongdoing but will pay $11.2 million to compensate any losses of U.S. residents who used the website on or before July 20, 2015, according to court papers.

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Alfred Angelo Files for Bankruptcy Liquidation

Alfred Angelo, one of the largest bridal retailing operations in the country, filed for chapter 7 bankruptcy liquidation Friday after abruptly closing down its chain of stores.

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Sprint Met With Buffett, Malone About Investment

Sprint Chairman Masayoshi Son has engaged Warren Buffett and cable mogul John Malone in discussions about participating in a deal with the wireless company, people familiar with the situation say.

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Optimism in Financial Markets Fails to Show in Real Economy

Though stocks have been hitting records and big U.S. banks reported stronger-than-expected earnings Friday, consumers pulled back their spending at midyear and became less optimistic about the future, while inflation on consumer purchases softened.

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GOP May Tie Debt-Limit Increase to Veterans Bill

Republicans are considering tying a must-pass increase in the federal debt limit to funding for a program that lets military veterans get medical care outside of Veterans Affairs facilities.

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First-Time Home Buyers Show More Interest in Market

Interest in buying a first home is on the rise, according to Google searches about home buying.

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