Tesla Faces Complaint From U.S. Labor Board

Workers at the auto maker’s Fremont, Calif., factory accuse Tesla of requiring them to sign overly broad nondisclosure agreements and of harassing them during unionizing efforts.

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Lululemon Gets Lift From Men's Business, Product Investments

Lululemon Athletica, bucking a sales slowdown that has sent shock waves through the sector, raised annual financial targets following its performance in its latest quarter.

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Glenn Beck Cuts Jobs at His Conservative News Site, The Blaze

Glenn Beck is cutting jobs at his conservative news and video site The Blaze, citing pressures on advertising and funding in an increasingly crowded field of digital media outlets that cater to right-leaning audiences.

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Big Food Faces Pressure From Retailers Demanding Discounts

Packaged-food companies have been struggling with declining sales as shoppers shift from older brands to options perceived as healthier. Now retailers are adding to the companies’ woes.

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Tenet Healthcare CEO to Step Down

Tenet Healthcare said Chairman and CEO Trevor Fetter will step down from his roles as chief executive and director in March 2018

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Judge Rejects Wyoming's Environmental Lawsuit Against Volkswagen

Wyoming can’t sue Volkswagen for environmental damage allegedly caused by the company’s polluting diesel vehicles, a federal judge in San Francisco ruled Thursday.

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Apple Confirms Sept. 12 Product Launch At New Headquarters

The annual showcase will be the first at the $5 billion campus and the company is expected to unveil a new iPhone and two updated iPhone models.

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Europe's Grocers Feel Amazon's Heat

Amazon’s acquisition of Whole Foods has added urgency to European supermarket chains’ scramble to cope with fast-changing consumer tastes and shift to online shopping.

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Arizona Accuses Insys of Fraudulently Marketing Fentanyl Painkiller

Arizona’s attorney general, Mark Brnovich, alleged in a suit filed early Thursday morning that Insys engaged in a fraudulent marketing scheme to boost sales of Subsys, a prescription mouth-spray formulation of fentanyl.

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Mnuchin Says White House, Congress to Release Tax Plan in Coming Weeks

Treasury Secretary Steven Mnuchin said in an interview that the Trump administration and Congress are set to release a more-detailed tax plan in the coming weeks.

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U.S. to Block Potential Russian Move Into American Energy

The Trump administration is worried that Russia state-owned oil giant Rosneft could gain control of critical U.S. energy assets owned by Venezuela’s Citgo.

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Georgia Power Wants to Continue Vogtle Nuclear Expansion

Georgia Power told state regulators it wants to continue the Vogtle nuclear power plant expansion in spite of sharply higher estimates of the cost to complete the project.

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Is the World Ready for a Rolls-Royce SUV?

Among choices Rolls-Royce buyers face is whether to select a hood ornament in 24-karat gold or crystal. Soon, they may want to opt for a trailer hitch as the iconic British brand prepares a sport-utility vehicle.

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Arkema Reports Two Explosions at Its Texas Chemical Plant

Two explosions were reported at a Texas chemical plant, hours after the facility’s owner urged residents and others to stay away.

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Harvey Ripples Through U.S., Global Energy Markets

Tropical Storm Harvey’s crippling of Gulf Coast refineries, ports and pipelines is being felt across the country and even globally, a result of a U.S. energy boom that has made the country and the world increasingly reliant on Texas.

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U.S. Consumer Spending Climbed Steadily in July

Americans’ spending and incomes grew in July, but weak inflation continued to cloud the economic outlook.

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Eurozone Inflation Beats Forecasts

Inflation in the eurozone picked up markedly in August and the jobless rate remained at its lowest level for over eight years, underpinning expectations that the European Central Bank will soon announce a gradual withdrawal from its massive stimulus programs.

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Danish Energy Company Is Turning the Page on Oil and Gas

A company whose name stands for Danish Oil and Natural Gas is getting out of both businesses, part of a broader plan to cut its exposure to fossil fuels and produce energy primarily from renewable sources.

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Campbell Soup Revenue Drop Extends to 11th Straight Quarter

Campbell Soup posted a revenue decline for an 11th consecutive quarter as the company continues trying to rejigger its products and adapt to changing tastes of consumers.

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Life Insurer Faces Off Against African-American Church in Battle Over Rates

As life insurers raise rates on old policies, customers are pushing back with lawsuits. One trial involves “investor-owned” policies at a south Los Angeles church and allegations of unlawful use of racial data.

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Airbus on the Runway, Ready for Take Off

Airplane makers often stumble, but eventually get it right. Waiting for Airbus’s problems to be fixed will be too late for shareholders to enjoy the flight.

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Cadillac, After Years of Struggle, Has Found Its Sweet Spot: China

The General Motors luxury brand, overlooked by U.S. car buyers, strikes the Chinese as an American status symbol. A sales surge there means for the first time Cadillac is selling more vehicles abroad than at home.

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Disney/ABC TV to Reduce Staff

Walt Disney Co. is preparing significant budget cuts at its Disney/ABC Television Group that will include staff reductions and restructurings, people familiar with the matter said.

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Think Tank Fires Scholar Who Praised Fine Against Google

A Washington think tank backed by Google and parent Alphabet’s Eric Schmidt has fired a prominent scholar who praised the $2.7 billion fine recently issued by European regulators against Google for antitrust violations.

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New Fathers Should Get Same Leave as Mothers, EEOC Claims

The Equal Employment Opportunity Commission has sued Estée Lauder, accusing the beauty giant of violating law when it awarded male employees fewer weeks of parental leave than female workers receive.

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Fox Broadcasting Names New President of Entertainment

Fox Broadcasting has tapped a new head of entertainment on the eve of the 2017-18 television season.

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Amazon's Alexa and Microsoft's Cortana Can Soon Talk to Each Other

Microsoft Corp. and Amazon.com Inc., fierce rivals in cloud computing, announced plans to allow their voice-enabled digital assistants—Microsoft’s Cortana and Amazon’s Alexa—to work together later this year. The agreement provides each assistant with capabilities they lacked.

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New Uber CEO Says Company Could Go Public in 18 Months

Uber Technologies Inc.’s new chief executive, Dara Khosrowshahi, said the ride-hailing company could go public in as soon as 18 months, setting the stage for what would be one of the most highly anticipated initial public offerings in memory.

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Want to Spy on Your Children? Call It Monitoring…and Get Their Blessing

New tools help parents track their children’s internet activity, but it’s bad to install them without their knowledge.

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FDA Approves First Gene Therapy

The Food and Drug Administration has approved the first gene therapy in the U.S., a long-heralded move for a promising new method of combating cancer. The FDA approved Novartis AG’s Kymriah for certain children and young adults who suffer from a form of leukemia.

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How a Houston Retailer's HQ Became a Home Base for First Responders

Retail chain Academy Sports + Outdoors has opened its stores to first responders in need of supplies and has converted its Houston headquarters into temporary residences for hundreds of police, National Guard and EMTs.

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U.S.'s Largest Refinery Shuts Due to Harvey Flooding

Tropical storm Harvey shut down a third Gulf Coast refining center Wednesday and is knocking on the door of a fourth, cutting even more deeply into the U.S. refining capacity.

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How to Inspect Every Piece of a Widebody Airplane

American Airlines pilots, mechanics and flight attendants kick the tires, test the engines and make sure all seat belts actually fasten on a new Boeing 787-9.

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Facebook Lands Lonzo Ball and Basketball Family for Reality Show

To help jump-start its original video efforts, Facebook has landed a new reality show about a family of big basketball personalities.

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A Provocative Look at the Harm FromCorporate Heft

Size and scale can enable companies to reduce costs, invest in better products and compete globally. But a new study finds that a lack of competition has driven up prices, hurting U.S. growth, wages and labor-force participation.

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Farm Incomes Seen Rising

U.S. farm incomes will rise in 2017, halting three consecutive years of decline, as a slump in crop and animal prices eases.

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Toyota Grabs Bigger Piece of Ride-Hailing Action

The Japanese auto giant plans to dive deeper into the ride-hailing business by teaming up with Singapore-based startup Grab.

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Apple App Store's Chinese Customers Get New Way to Pay

The U.S. tech giant is allowing Chinese customers to use Tencent’s popular local mobile-payment system WeChat Pay for purchases in its App Store, underscoring the expanding reach of the Chinese service.

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Amazon Looks to Whole Foods to Boost Online Grocery Shopping

Its acquisition of the grocery chain is providing a new impetus for online grocery shopping, which has been slow to catch on for various reasons.

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Buzz Kill for Pot Farmers: Lower Prices

After decades of dodging law enforcement and fighting for legalization, U.S. marijuana growers face a new challenge as their market expands: falling prices.

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Houston's Economic Heft Gives City Means to Recover From Harvey

The city’s economy will suffer a significant and perhaps unprecedented blow from Tropical Storm Harvey. But economists project that unlike New Orleans following Hurricane Katrina, Houston’s resurrection is nearly certain.

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Fallout From Harvey to Disrupt Energy Markets Around the World

Tropical Storm Harvey is upending the flow of oil and petroleum all around the world—a consequence of the growing influence of the U.S. in the global energy industry.

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Abbott Releases New Software Updates for Pacemakers

Abbott Laboratories released new software updates designed to protect hundreds of thousands of implanted pacemakers from external hacking and to guard against dangerous battery depletions in a different cardiac device linked to two patient deaths.

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U.S. GDP Growth Revised Up to 3.0%

U.S. economic growth was stronger than initially thought during the second quarter, a sign of momentum headed into the second half of 2017.

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Eurozone Economic Sentiment Hits 10-Year High

Economic sentiment in the eurozone reached its highest level in more than 10 years in August, led by rising confidence among industrial companies and in the services sector, the European Commission said.

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Trump Pitches Business Tax Cut to Middle Class

President Donald Trump heads to Missouri on Wednesday for a tax speech where he will argue that business tax cuts would benefit middle-class workers, White House officials said.

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Republican Tax Plan Poses Risk to U.S. Bond Market

Republican plans to scale back tax deductions on corporate interest risks pushing more borrowing overseas, say experts and market participants, eroding the competitive advantage of the mammoth U.S. bond market.

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Uber Faces Investigation of Possible Foreign-Bribery Law Violations

The Department of Justice has taken preliminary steps to investigate whether managers at Uber Technologies Inc. violated a U.S. law against foreign bribery, according to people familiar with the matter.

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Court Rules Two Airwaves Bidders Can Get Another Shot

A federal appeals court ordered the FCC to give two firms affiliated with Dish Network another chance at success in an airwaves auction where the agency determined they were ineligible for crucial small-business discounts.

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Expedia CEO Dara Khosrowshahi Plans to Accept Uber's CEO Job

Expedia CEO Dara Khosrowshahi confirmed he plans to accept the top job at Uber, in his first public comments since the ride-hailing company selected him as its new chief executive.

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Trump Set to Renew Tax Debate

As President Donald Trump heads to Missouri Wednesday for a speech on taxes, GOP lawmakers are figuring out what to do and how to proceed on a tax bill.

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Allegiant Air Ventures Into Real Estate

Low-cost airline Allegiant Travel will venture into real estate with a sprawling resort on Florida’s Gulf Coast, even as hotel development slows nationwide amid a glut of rooms.

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21st Century Fox Pulls Plug on Fox News in the U.K.

Rupert Murdoch’s 21st Century Fox said that it stopped broadcasting its Fox News Channel in the U.K., amid the media conglomerate’s $15 billion bid to buy the 61% of British pay-TV giant Sky that Fox doesn’t already own.

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Harvey's Test: Businesses Struggle With Flawed Insurance as Floods Multiply

Hurricane will strain a National Flood Insurance Program out of step with needs of small businesses in era of extreme weather.

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An Interview With Dallas Fed President Robert Kaplan

Dallas Fed President Robert Kaplan spoke with The Wall Street Journal on the sidelines of the Kansas City Fed’s annual conference in Grand Teton National Park. He spoke about topics from Hurricane Harvey to the outlook for interest rates. Read excerpts from the interview.

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Transcript: Interview With South African Reserve Bank Gov. Lesetja Kganyago

Lesetja Kganyago, governor of the South African Reserve Bank talked with The Wall Street Journal about the outlook for interest rates, the forces affecting inflation in South Africa and the role of Fed communications in global policy making.

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United Tech Nears Deal to Buy Rockwell Collins for More Than $20 Billion

United Technologies is nearing a deal to buy Rockwell Collins for more than $20 billion, a tie-up that would create one of the world’s biggest aircraft-equipment makers.

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Hotel Building Boom Stalls As Demand Plays Catchup

Hotel developers are slowing down new U.S. construction projects after years of rapid growth, a result of tighter lending conditions and a ballooning supply of rooms in large markets.

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Uber's CEO Selection Process Stirs Disagreement

Uber’s selection of a new chief executive is being clouded by disagreement over how the board’s decision to hire Dara Khosrowshahi unfolded, adding more controversy to a company already plagued by bad publicity.

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U.S. Consumer Confidence Increased in August

The Conference Board on Tuesday said its index of U.S. consumer confidence rose to 122.9 in August from a revised 120.0 in July.

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Harvey's Widespread Destruction Tests U.S. Shale

Tropical Storm Harvey has shut a significant portion of the state’s shale production, cutting off as much as 15% of U.S. oil supplies. Now, the big question is how quickly the sector can make a comeback.

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Apple, Studios at Odds Over Movie Pricing Ahead of Apple TV Rollout

Apple is scrambling to strike deals with Hollywood studios to offer ultra-high definition films on its new Apple TV, but discussions have been hampered by disagreements over pricing.

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Best Buy's Online Business Powers Sales Growth

Best Buy’s stock climbed as much as 5% in premarket trading Tuesday as it delivered second-quarter revenue and profit that beat analysts’ expectations. But shares were recently down ahead of the market open.

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Generals Bring Battlefield Expertise to the Business World

Employers are turning to generals for help on numerous fronts, from corporate governance to grappling with cyberwarfare.

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Advisory Board Co. to Be Split and Sold

The Advisory Board will be split up and sold in a deal worth around $2.21 billion, with its health-care business going to UnitedHealth and its education unit to private-equity firm Vista Equity Partners.

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Google to Outline to EU How It Will Change Search Results

Alphabet Inc.’s Google is set to outline to the European Union’s antitrust authority on Tuesday how it plans to implement the recent order to stop illegally favoring its own comparison-shopping service in search results.

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Workers Save More for Retirement When Employers Tell Them to: Study

In an experiment involving employees at North Carolina’s retirement division, older workers—typically the most inflexible—were more likely to reassess their savings strategies or increase contributions in response to ‘nudges.’

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Growth in U.S. Home Prices Accelerated in June

Home price growth accelerated slightly in June due to upward pressure from limited inventory and strong buyer demand.

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Nafta Talks Target Low Mexican Wages

Mexico has reaped big trade benefits from Nafta, but wages for its millions of workers remain stubbornly low, something labor advocates and U.S. and Canadian officials hope to see redressed in renegotiating the 23-year-old pact.

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Renault-Nissan to Produce Electric Vehicle in China

The French and Japanese car makers are teaming up with Chinese auto maker Dongfeng to make a battery-powered automobile in the world’s biggest car market, where EV sales are expected to rise.

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Freeport Gives Up Majority Stake in Grasberg Mine

The U.S.-based mining company said it would cut its ownership in the giant Grasberg copper and gold mine to 49%, ending a long-running dispute with Indonesia.

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Auto Maker Audi Names Four New Board Members

Volkswagen AG’s luxury car brand, Audi AG, said Monday it would reshuffle more than half its management board as the group continues to grapple with a diesel emissions scandal.

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FDA Expanding Authority Over Stem-Cell Facilities

The FDA is stepping up oversight of fledgling medical treatments that aim to harness the potential of stem cells—as well as some businesses the agency said were selling unapproved and possibly harmful treatments.

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Hurricane Harvey Will Cost Tens of Billions of Dollars

Hurricane Harvey will take a financial toll on the nation’s economy, but how much of one depends on the extent of flooding in the coming days.

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New Uber CEO's First Job: Manage the Board

Dara Khosrowshahi, the longtime head of Expedia who has been tapped to take over at Uber, would have to work with a board riven by animosity and legal disputes that is still looking for a new chairman.

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Most Houston Businesses Closed as Harvey's Rains Continue

Most major businesses in and around Houston were shut on Monday, with many telling employees to stay home as they waited for floodwaters to recede and started collecting funds for disaster relief organizations.

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Finish Line Cuts Projections Amid Disappointing Sales

Finish Line shares plunged 22% in after-hours trading after the footwear retailer sharply cut its annual financial targets amid disappointing sales through the first half of its fiscal year.

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Whole Foods Price Cuts Make Amazon an Unlikely Price Leader

Amazon put itself in the unusual position of being a first-mover on price cuts when it slashed the sticker price on more than 100 items at Whole Foods, many by more than 30%.

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Freight Companies Scramble to Reroute Goods in Wake of Harvey

Trucking fleets, railroads and shipping lines are working to reroute cargo and set up alternate supply lines as Tropical Storm Harvey promises to disrupt freight traffic across southeast Texas for days.

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Unlimited Vacation Time Is a Lot of Work

Experts say unlimited vacation time isn’t a perfect solution to an overworked workforce. Employees can become more hesitant to take time off when they’re allowed to do it any time—and for as long as they desire.

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Ad Giants Are Under Pressure to Streamline Complex Structures

Disappointing results from ad holding companies like WPP have shed a light on the pressure agencies are facing to evolve their existing structures.

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Ding-Dong, Best Buy and Amazon Bring Back the Traveling Salesman

The consumer electronics giants are quickly moving to hire an army of traveling salespeople and technicians who will visit customers’ homes to recommend and even install products.

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Amazon Cuts Grocery Prices at Whole Foods

Amazon marked its takeover of Whole Foods by cutting grocery prices and advertising its Amazon Echo devices at a steep discount in many of the natural grocer’s stores nationwide.

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Regulators, Auto Lenders Dig Into Customer-Refunds Process

Regulators are reviewing some auto-lending procedures, including those related to borrower refunds, at several banks and other financing businesses in the wake of problems at Wells Fargo, according to people familiar with the matter.

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Ask Not for Whom the Doorbell Tolls. They Won't Answer It.

Some smartphone-carrying millennials and Gen Zers are so used to texting upon arrival that the sound of a ringing doorbell freaks them out.

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Mexico Registers $1.52 Billion Trade Deficit in July

Mexico recorded a $1.52 billion trade deficit in July, a shift from the surplus seen the previous month, as growth in exports outpaced the increase in imports.

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Apple to Hold Product Launch Event on Sept. 12

Apple has scheduled a product announcement event on Sept. 12, according to people briefed on its plans, reinforcing expectations that the company will release new iPhones and a smartwatch ahead of the holiday season.

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Trump Administration Considering Cuts to Cultural Exchange Visas

The Trump administration is considering major reductions in cultural exchange programs, including those for au pairs and summer workers, that allow young people from foreign countries to work in the U.S., people familiar with the administration’s planning said.

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Samsung's Message to Employees: Keep Calm and Carry On

Samsung Electronics’ chief executive urged his employees to stay focused on their work following the conviction of Samsung’s de facto leader, and punctuated that business-as-usual appeal with a fresh $2.3 billion investment in semiconductors.

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Fitbit Aims to Take a Piece Out of Apple With new Smartwatch

Fitbit Inc. unveiled its long-awaited smartwatch, elbowing into a crowded market to restart its growth.

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A Surprise Lift From China for U.S. Steel

Signs of incremental progress on steel overcapacity are pushing Chinese steel margins higher for the first time in nearly a decade. U.S. Steel and other western steel firms could benefit.

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Gilead to Buy Kite Pharma for Roughly $11 Billion

Gilead Sciences has agreed to pay about $11 billion for Kite Pharma and its promising new technology for harnessing the body’s immune system to fight cancer.

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Congress Faces Deadlines on Debt Ceiling, Shutdown

When Congress returns after Labor Day, it will immediately confront a pair of critical fiscal issues: the U.S. debt limit and spending legislation required to prevent a government shutdown. Here’s a look at the coming deadlines.

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Estée Lauder Tells Workers It Isn't For Sale

Estée Lauder over the weekend shot down rumors that it is considering a sale.

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Wanda Dismisses Reports Chairman Is Barred From Leaving China

Hong Kong-listed shares and bonds of billionaire Wang Jianlin’s Dalian Wanda plunged for the second time in two months, following what the company called rumors about its leader being barred from leaving China.

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Global Economy Week Ahead: U.S. Inflation and Jobs, Japan Household Spending

The week ahead will be a busy one for U.S. economic data, with readings on consumer confidence, GDP, the Federal Reserve’s preferred inflation gauge and the August jobs report.

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U.N. Agency Blasts Facebook Over Video of Migrants Being Threatened

Facebook is once again in hot water for allowing objectionable videos on its website, this time drawing a rare rebuke from a United Nations agency.

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CBS to Buy Australian Broadcaster Ten Network

CBS plans to acquire Australian broadcaster Ten Network, beating out an attempt from Australian media moguls Bruce Gordon and Lachlan Murdoch to buy the company after it went into receivership.

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Uber Selects Expedia's Khosrowshahi as New CEO

Uber Technologies has voted to appoint Expedia CEO Dara Khosrowshahi as its new CEO.

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NYC Taxi Drivers Get New Lease on Work Life

New York City’s Taxi and Limousine Commission this week will begin testing a pilot program allowing drivers to lease a cab for less than the required 12-hour periods.

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Office Spaces Focusing More on Communal Areas

Businesses are beginning to design offices spaces that are increasing the amount of square footage per employee when shared work settings are taken into account.

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Grocers' Problem: Amazon Doesn't Need to Make Money on Food

Amazon.com will bring lower prices to its new Whole Foods division on Monday. It also will bring a new rule book, further pressuring an already struggling supermarket sector.

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'Hitman's Bodyguard' Leads Dismal Box Office

Hollywood effectively took the weekend off, resulting in one of the most dismal box-office results in 16 years. This August is down a whopping 35% from last year, according to comScore.

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Perfumania Seeks Bankruptcy Protection

Mall-based retailer chain Perfumania Holdings has sought chapter 11 protection with plans to reorganize around its better-performing stores.

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Unemployment's Steady Fall Could Signal Trouble---or a Broader Structural Shift

The unemployment rate has fallen to a 16-year low of 4.3% and may not be done falling. The question is whether that is good news because it means the economy is still operating below capacity and has plenty of room to run, or bad news because it means the economy is close to overheating and heading for trouble.

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OSHA Reduces Reports of Workplace Fatalities

The Occupational Safety and Health Administration is reducing its reporting of fatalities in the U.S., part of a series of moves by the agency that are cutting back the amount of information about workplace accidents made available to the public.

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In St. Louis, a Rare Effort to Lower the Minimum Wage

The minimum wage in St. Louis falls by $2.30 an hour Monday, making it a rare city to buck the national trend of municipal pay floors rising above federal and state levels.

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The Big Name in Coal's Resurgence: China

China’s reemergence as a coal importer has boosted the fortunes of U.S. producers who are now shipping more coal abroad than any time in the last two years.

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Central Bankers Can't Savor Their Stimulus Success

Central bankers were looking forward for years to a moment when the world economy would steady, allowing them to unwind extraordinary monetary stimulus from global markets. That moment has arrived, but they are now preoccupied with other matters.

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Immelt Drops Out of Contention for Uber CEO Job

GE Chairman Jeff Immelt said he won’t join Uber as chief executive, after meeting with members of the ride-hailing company over the weekend.

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Exxon Shuts Down Houston-Area Refinery

Exxon Mobil is shutting down its massive Houston-area refinery—the second largest in the U.S.—as torrential floodwaters from Hurricane Harvey paralyze large portions of the area.

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Central Bankers Warn Against Regulatory Cuts, Trade Moves

The world’s top central bankers warned that undoing banking rules or pursuing protectionist measures threaten economic expansion.

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Kaplan Says Fed Should Begin Reducing Its Balance Sheet 'Very Soon'

The Federal Reserve should begin shrinking its balance sheet “very soon,” Federal Reserve Bank of Dallas President Robert Kaplan said Friday.

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Fed's Powell Warns About Failure to Raise Debt Ceiling

Federal Reserve governor Jerome Powell said that if U.S. lawmakers and the president are unable to raise the government’s borrowing limit, it could lead to “a major shock to the economy.”

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Large Companies Oppose Idea for Taxing Foreign Profits

Congressional Republicans are trying to write new rules for taxing foreign profits of U.S. corporations, and a group of large, influential companies is warning against one prominent option.

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Brazil's President Moves Ahead With Privatization Push

Brazilian President Michel Temer, who has avoided a trial over corruption charges, is using the reprieve to push ambitious privatization plans to rekindle economic growth and lower government spending.

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Why Amazon Isn't Ready for Prime Time in China

The American e-commerce giant hasn’t been able to increase its tiny share of the market as Chinese competitors offer many of the same perks without requiring a membership.

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Nintendo's Switch Hit: Game Console Is in Short Supply Ahead of Holidays

Demand is outpacing production of Nintendo’s $300 Switch hand-held hybrid videogame console, leading to blockbuster queues and lotteries in Japan and frustrated fans in the U.S.

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Roy Lunn's Cars Thrilled Auto-Racing Fans, Soccer Moms

Over a 40-year career, engineer Roy Lunn oversaw the design of low-slung cars that dazzled the racing world and boxier ones that pleased soccer moms and dads in suburbia.

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Hurricane Forces Refineries to Shut Down

Hurricane Harvey forced refineries that make up nearly 5% of U.S. fuel-making capacity to shut down, and more facilities remained under threat as the storm moved through the heart of the nation’s oil and gas infrastructure.

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Hurricane Harvey Threatens Largest Flood Insurer

Hurricane Harvey could inundate the National Flood Insurance Program with billions in new claims shortly before the plan is scheduled to expire on Sept. 30 with just $5.8 billion left it can borrow from the Treasury to meet obligations.

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Plains All American Pipeline to Cut $1.4 Billion in Debt

Oil- and gas-pipeline operator Plains All American Pipeline LP plans to cut some $1.4 billion in debt, sell assets and reduce payments to its general partner in a bid to turnaround the business.

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Slowing SUV Sales Could Signal a Turn in the Market

As the summer car-buying season nears an end, the once-hot market for crossovers is showing signs of slowing down.

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Nuclear Missile Overhaul Falls to Small Pool of Contractors

The Pentagon is pitting two American contractors against each other as it looks to replace the nation’s land-based intercontinental ballistic missiles.

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Cruise Ships Give Harvey a Wide Berth

Liners scheduled to arrive in Galveston, Texas, are being delayed in Mexico or redirected toward New Orleans as Hurricane Harvey lashes the state’s coast.

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Appeals Court Throws Out Settlement in Subway 'Footlong' Case

The legal saga over Subway’s ‘footlong’ sandwich took an unexpected turn when a federal appeals court in Chicago threw out a settlement that paid lawyers but not sub purchasers and ruled the case should never have been allowed to become a class action.

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Samsung Heir's Bribery Conviction Leaves Void at the Top

The five-year jail term for the vice chairman of Samsung Electronics, Lee Jae-yong, risks stymieing decision making at a time when it needs bold moves to keep pace with China and Silicon Valley.

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Blogger Charles Johnson Pursuing Defamation Claim Against Gawker

Right-wing blogger Charles C. Johnson is pursuing a defamation claim against Gawker Media in bankruptcy for posting articles he claims challenge his credibility as a journalist and contain unsubstantiated gossip intended to malign him.

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Duke Pulls Plug on Nuclear Plant

Duke Energy is abandoning plans to develop a nuclear plant in South Carolina, the latest blow to the U.S. nuclear industry. The company had planned to build two reactors.

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Google Issuing Refunds Over Invalid Web Traffic

Google is issuing refunds to advertisers for ads bought through its platform that ran on sites with fraudulent traffic, people familiar with the situation say, as the company develops a tool to give buyers more transparency about their purchases.

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GM to Address Bolt Cars' Battery Defect Using Onstar System

GM said it would remotely identify and notify Bolt electric-car owners affected by a battery power glitch using its Onstar telematics service.

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Ford to Look Beyond Credit Scores in Sales Push

The auto maker’s financing unit has decided to change its approval process to look beyond credit scores in an effort to pump up sales. By assessing credit in new ways, it hopes to be able to better predict risk among a broad array of borrowers.

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Volkswagen Engineer Sentenced for Role in Emissions Fraud

A Volkswagen engineer was sentenced to 40 months imprisonment and will pay a $200,000 fine for participating in the German auto giant’s emissions-cheating deception.

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Tough Season Ahead for the Chicken-Wing Economy

Football season is chicken-wing season, but tighter supplies this summer and depleted freezer stockpiles mean you’ll probably pay more for your platter this fall. Wholesale prices for chicken wings are up by almost 20% this year—to a record $2.09 a pound in August for jumbo whole wings.

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J.C. Penney Sees Solutions in Greater Tech Investment

Reallocating more of the money J.C. Penney spends on capital expenditures to technology efforts would help trim costs and boost sales, says the retailer’s new finance chief.

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ECB's Draghi Criticizes Protectionism, Deregulation Push

European Central Bank President Mario Draghi took aim at economic protectionism and efforts to deregulate financial markets in a speech at the Jackson Hole economic symposium in Wyoming.

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Mnuchin Confident Congress Will Raise Debt Ceiling

Treasury Secretary Steven Mnuchin said he was “100%” confident that Congress will raise the debt ceiling in September and that “there is no scenario where the government won’t be paying its bills.”

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U.S. Curbs Venezuela's Access to Debt, Toughening Sanctions

The U.S. restricted the ability of Venezuela to tap American debt markets for funding, escalating an economic crackdown against Nicolás Maduro’s government.

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In Defense of the Dismal Science

Economists have gotten a bad rap in recent years, but their devotion to data still offers the most practical, bias-free way to assess our most pressing problems.

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Fed's Yellen Defends Postcrisis Regulations in Jackson Hole

Federal Reserve Chairwoman Janet Yellen defended the sweeping financial regulations enacted in the wake of the financial crisis that began a decade ago, while keeping the door open to modest changes to the postcrisis rules.

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Cohn Says Administration Must Do More to Condemn Hate Groups

White House economic policy director Gary Cohn said in a newspaper interview that the Trump administration must do more to condemn hate groups following comments by the president that have come under fire from politicians and business leaders.

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As Investors Think Taper, ECB Is Set to Buy More Bonds

Just as the European Central Bank gets ready to reduce its bond-buying, this massive player in global markets is set to buy more.

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U.S. Durable Orders Fall on Weak Aircraft Demand

Demand for long-lasting factory goods plunged in July, but a sharp drop in aircraft orders masked underlying signs of strength.

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Markets Eye Debt Ceiling With Unease

Early signs of concern about the federal debt ceiling are creeping into the financial markets, as President Donald Trump pressured lawmakers over how to proceed on the issue.

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Activists in Jackson Hole Pressure Fed on Inflation, Endorse Yellen

The Fed Up campaign is holding events to show support for raising the Fed’s 2% inflation target as well as allowing Janet Yellen to serve a second term as the central bank’s chairwoman.

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Why Policy Easing---Not Tightening---Tops Agenda for Some Central Banks

Policy makers from the world’s leading central banks gathering at Jackson Hole this week may be wondering how to step back from years of easy monetary policy. But several of their counterparts in emerging markets are heading in the opposite direction—by cutting interest rates.

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Samsung Heir Gets Bribery Conviction, Five-Year Sentence

Samsung heir Lee Jae-yong has been convicted of bribery and other crimes as part of a sprawling South Korean political scandal. He received a five-year jail term.

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Two Uber Investors Seek to Defend Former CEO in Legal Battle

Shervin Pishevar and Steve Russell have asked a court to let them intervene in a lawsuit against Travis Kalanick, Uber’s former chief executive and co-founder.

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Investors Are Betting Smart Speakers Will Have a 'Smartphone Moment'

For years, tech stocks in Asia have risen and fallen by the release cycles of Apple’s iPhone. Now, a new type of product is creating a similar buzz among investors who see a ‘smartphone moment’ in smart speakers.

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Amazon Will Cut Whole Foods' Prices as It Takes Charge

Amazon.com Inc. said it will begin slashing prices on grocery staples at Whole Foods Market Inc. on Monday, the first changes the online retailer plans for its $13.7 billion acquisition.

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Fiat Chrysler CEO's Search for Partner Is Running Out of Time

A Chinese auto maker’s possible bid for Fiat Chrysler’s Jeep division has retrained the spotlight on the challenges facing the company, which doesn’t have the resources on its own to keep up in the autonomous-vehicle race.

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Tesla's Self-Driving Push Sparks Dissent Among Its Engineers

Elon Musk built a company that’s more valuable than General Motors or Ford. Now, his ambitious goals for Tesla’s Autopilot technology are being tested by resignations and disquiet in the engineering ranks.

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Samsung Heir Faces Judgment Day in Corruption Trial

A South Korean court will rule Friday on whether to convict Lee Jae-yong, the de facto head of Samsung, following his trial in a corruption case that has gripped the country.

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SoftBank Invests Additional $3 Billion in WeWork

Shared-office space company WeWork Cos. raised an additional $3 billion from Japan’s SoftBank Group Corp. as it continues its efforts to expand globally and grow its membership.

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Comcast Enters Partnership With Solar-Power Provider Sunrun

Comcast agrees to market Sunrun’s solar systems in exchange for potential fees and equity.

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Signet, Tiffany See Trendy Baubles Fueling Rise in Sales

An uptick in sales of less-expensive fashion accessories caused jewelry sellers to top expectations in their most recent quarter.

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Big Business Groups Affirm Support for Nafta Arbitration Panels

Three of the nation’s most prominent trade associations warned that any efforts to weaken arbitration panels at the heart of the North American Free Trade Agreement will undermine business support for Nafta renegotiations.

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Home Sales Decline in July to Slowest Pace This Year

Sales of previously owned homes fell in July to their weakest level this year, as a shortage of homes for sale weighs more heavily on the market.

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U.S. Jobless Claims Rose Slightly Last Week

The number of Americans filing new applications for unemployment benefits rose slightly last week but remains low, suggesting employers are reluctant to cut staff in a tight labor market.

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Janet Yellen's Future at the Fed Unresolved Heading Into Jackson Hole

The prospect of a second term for Fed Chairwoman Janet Yellen won’t be on the agenda at the central bank’s retreat this week in Wyoming, but the question of whether she could be asked to stay on—and whether she would accept—will be hanging over the confab.

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Canada, Mexico Are Skeptical of Trump's Nafta Remarks

Government officials from Mexico and Canada reacted with skepticism to remarks by President Donald Trump suggesting he didn’t believe a deal to renegotiate the North American Free Trade Agreement was possible.

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Toyota Finds New Customers: People Who Don't Like Toyotas

Toyota’s new C-HR compact crossover is off to a hot sales start, a remarkable run for a car Toyota said it built for people who dislike Toyotas.

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Yellen, Draghi Set to Be Watched Closely at Jackson Hole

Here’s what to watch for as central bankers and economists from around the world gather in the mountain resort of Jackson Hole, Wyo., beginning Thursday.

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U.S.: Preparing Sanctions Against More Venezuelan Officials

The Trump administration will soon unveil a new package of Venezuelan sanctions that will hit officials in President Nicolás Maduro’s government and potentially targets in the financial sector, a senior administration official said Wednesday.

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Sears Sales Continue to Slide

Sears Holdings’s brick-and-mortar stores continued to lose ground in a tough retail environment, despite the company’s cost-cutting efforts.

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Harassment Scandals Lead to Tough Conversations in Silicon Valley

Some female startup founders speak up about behavior they say they encounter in the male-dominated venture capital industry, as a string of scandals prompt some in the industry to confront cases of impropriety and re-examine practices.

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German Auto Giants Become Political Pariahs

After decades of cozying up to car makers, German politicians are turning their backs on a scandal-ridden industry many voters now see as an embarrassment rather than a source of national pride.

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Beacon Roofing Pays $2.63 Billion for CRH's U.S. Distribution Business

Beacon Roofing Supply has agreed to acquire Allied Building Products from Irish firm CRH for $2.63 billion in cash, a deal that will expand its footprint to New York and double its size.

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LG Electronics to Build Factory for Electric-Car Parts in Michigan

The South Korean company will spend about $25 million to build a plant in a Detroit suburb.

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Minor Reforms Called Enough to Support Electric Grid

A federal report suggests minor market reforms can help ensure a reliable electric power grid and shies away from handouts to struggling coal and nuclear-power producers.

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Apparel Retailers Pushing Discounts to Win Customers

Clothing retailers hurt by declines in mall traffic showed encouraging signs in their most recent results as they leaned on discounts and marketing to boost sales.

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Uber Racks Up Rides, Losses Amid Setbacks

Uber Technologies Inc.’s scandal-plagued year apparently hasn’t deterred ridership, though the ride-hailing company is still reporting heavy financial losses.

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Ford Names Key Safety CEO as New Head of China Operations

Ford Motor Co. announced Thursday it poached the head of the company that is acquiring troubled air-bag maker Takata Corp.

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Meg Whitman Stands By Statement She Won't Be Uber CEO

The Hewlett Packard Enterprise chief executive repeated that she won’t be the next CEO of Uber following news that the board is considering her again as a candidate.

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Westinghouse Seeks to Award Bonuses to 'Vital' Employees

Westinghouse Electric is seeking authorization to end a deferred-compensation plan and pay up to $13.8 million in retention bonuses to employees that the company says possess specialized skills.

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Rosneft Prevails in Lawsuit Against Sistema

A regional arbitration court in Russia ruled in favor of Russian oil giant PAO Rosneft, in a case seen as a test of the country’s investment climate.

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For Some Craft Brewers, Sales Are Tapping Out

Some of the country’s biggest craft brewers are struggling with falling sales, hurt by a glut of competitors crowding retail shelves and moves by megabrewers to scoop up some of their rivals.

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Global Economies Grow in Sync

For the first time in a decade, the world’s major economies are growing in sync, a result of lingering low-interest-rate stimulus from central banks and the gradual fading of crises that over years ricocheted from the U.S. to Greece, Brazil and beyond.

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How Samsung's Recall Shaped Its New Galaxy Note

Rather than cautiously go on the defensive with the new Galaxy Note 8 after last year’s last year’s Note 7 recall, Samsung mobile chief D.J. Koh hammered home a message internally to engineers: Don’t hold back.

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Domino Effect: Packaged Goods Woes Spreading to Ad, Media Firms

The long-simmering pressure facing the world’s consumer goods giants is now ricocheting more widely, hitting advertising firms and the media companies dependent on them.

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Cargill Invests in Startup That Grows 'Clean Meat' From Cells

Cargill, one of the world’s largest producers of beef and poultry, has taken a stake in a startup developing technology to grow meat from self-reproducing animal cells.

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Galaxy Note 8 First Look: Samsung's Big Phone Is Back

An early size-up of Samsung Electronics Co.’s Note 8, with a 6.3-inch screen, dual-lens camera and a safety-minded battery, from Geoffrey A. Fowler.

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U.S. Bid to Exit Nafta Arbitration Panels Draws Business Ire

U.S. trade officials are putting together a proposal to let the U.S. withdraw from a corporate arbitration system at the heart of the North American Free Trade Agreement, upsetting big American companies that say the system protects their investments overseas.

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Whole Foods Shareholders Approve Amazon Merger

Shareholders of Whole Foods approved the natural grocer’s takeover by Amazon, a key step for the e-commerce giant to seal its biggest play yet in the $700 billion food retail market.

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HP Earnings: What to Watch

HP has increased PC prices globally. It isn’t clear if those price increases will impact demand and profit margin in the fiscal third quarter.

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Destination Maternity Hires Adviser Amid Retail Turmoil

Women’s apparel retailer Destination Maternity has hired a consulting and advisory firm to assess its options in the troubled retail environment, according to people familiar with the matter.

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How Budget Carriers Transformed the Airline Industry---in 14 Charts

Low-cost players aren’t just competing with legacy companies, they are changing how, where and at what price people fly.

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ESPN Pulls Announcer From University of Virginia Football Game

In the wake of the violent clashes between white nationalists and counterprotesters in Charlottesville, Va., stemming from plans to remove a statute of Confederate Gen. Robert E. Lee, an ESPN sports announcer named Robert Lee has been pulled from covering a coming University of Virginia football game.

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U.S. Weighs Restricting Trades in Venezuelan Debt to Punish Maduro

The U.S. is considering restricting trades in Venezuelan debt as it seeks to punish President Nicolas Maduro for undermining the country’s democracy, according to people familiar with the matter.

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U.S. New Home Sales Dropped in July

U.S. new-home sales fell sharply in July and inventory levels jumped.

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Companies Promote Corporate-Tax Overhaul

Large companies, looking for every angle to prod Congress into making the corporate-tax changes they have been seeking for years, are turning to some in-house muscle: employees and customers.

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WPP Shares Plunge on Lower Revenue Growth Forecast

WPP shares fell almost 12% after the world’s largest advertising group recorded a slowdown in revenue growth in Europe and North America.

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Wal-Mart and Google Partner to Challenge Amazon

Google and Wal-Mart Stores are joining forces in a partnership that includes enabling voice-ordered purchases from the retail giant on Google’s virtual assistant, challenging rival Amazon.com’s grip on the next wave of e-commerce.

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TurboTax Parent Intuit Names New Finance Chief

Intuit, the maker of TurboTax and QuickBooks, said Chief Financial Officer R. Neil Williams will step down from his post next year after spending nearly 10 years with the company.

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GoDaddy COO Scott Wagner Returning to Chief Executive Post

GoDaddy Inc. said Tuesday that Chief Operating Officer Scott Wagner will assume the company’s top post after Chief Executive Blake Irving retires at year’s end.

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U.S. Port Volumes Rise in July

U.S. retailers and manufacturers are stocking-up their inventories with newfound confidence heading into this year’s peak shipping season, when imports typically tick up ahead of the end-of-year holidays.

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Chevron CEO John Watson to Step Down

Chevron Corp. Chief Executive John Watson is planning to step down as the energy giant seeks new leadership for a changing oil world, according to people familiar with the matter.

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Railroaded: Epic CSX Traffic Jam Snarls Deliveries, From Coal to Fries

Changes pushed by the new CEO of huge eastern railroad CSX have caused a summer of woe in supply chains at farms, mines and manufacturers. The company says the short-term snarls will abate as its new system takes effect.

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Miners Are Flush With Cash Again

Fueled by a sharp rise in commodities prices, companies like BHP Billiton, Glencore and Rio Tinto are flush with cash again, boosting dividends, cutting debt and shelling out cash for expansions.

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Coty's Beauty Sales Slump

Coty spent billions on dozens of Procter & Gamble brands with the goal of becoming one of the world’s top players in the beauty business. So far, the deal has brought mostly pain.

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Chinese Rival's Success With Volvo Sets Path for Great Wall's Pursuit of Jeep

The successful 2010 acquisition of Volvo by Geely, a then-little-known Chinese auto company, has helped fuel the ambitions of Great Wall, which has expressed interest in buying Jeep from Fiat Chrysler.

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Just Say No to Push Notifications

App makers are out to capture our attention with reminders and alerts on our phones’ lock screens. Do we really need a reminder to post to Facebook? Joanna Stern proposes a notification bill of rights.

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U.S. Sanctions Chinese, Russian Firms for Aiding North Korea

The U.S. Treasury named 10 Chinese and Russian firms and six related individuals to its North Korea sanctions list for allegedly aiding Pyongyang’s weapons program.

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Head of America's Largest Grocer Talks Amazon and Ugly Tomatoes

Rodney McMullen is navigating Kroger Co. through its stormiest period in more than a decade.

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Now in the Mix for Sony Music Artists: Royalties From DJ Sets

One of the world’s largest music companies agreed to license its songs to a startup that aims to help musicians and record labels make money when their material is used in DJ mixes and mashups played online.

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EU Launches In-Depth Investigation Into Bayer-Monsanto Deal

Bayer and Monsanto face an in-depth investigation by the European Union into their roughly $57 billion merger, throwing into doubt plans to complete the tie-up by the end of the year.

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How Firefox Workers Were Motivated to Squash Bugs

Mozilla, the company that makes the Firefox web browser, used tangible goals and a spirit of competition to inspire workers to focus on critical issues hurting their product’s performance.

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China's Great Wall Says It Is 'Paying Close Attention' to Fiat Chrysler

Great Wall Motor is “paying close attention” to Fiat Chrysler Automobiles, the company said, a day after a Great Wall spokeswoman said the Chinese car manufacturer was aiming to buy Jeep.

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Salesforce.com Earnings: What to Watch

Salesforce.com Inc. is scheduled to report fiscal second-quarter earnings after the market closes Tuesday. Here is what to expect.

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Ford Plans Joint Venture to Make Electric Cars in China

Ford Motor will start a new company to make electric cars in China, as the world’s largest auto market begins to shift decisively away from gasoline-powered vehicles.

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Mexican Economy Grows for 16th Straight Quarter

Mexico chalked up its 16th consecutive quarter of economic growth in the April-to-June period as strong services output compensated for sluggish industrial production.

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U.S. Steps Up Actions Against Chinese Firms Aiding North Korea

U.S. federal prosecutors are preparing new actions targeting Chinese firms that are critical financial conduits for North Korea’s government, according to people familiar with the matter.

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Can the U.S. Scrap Its Trade Deal With South Korea?

The U.S. and South Korea wrapped up fruitless talks over a trade agreement that protectionist Washington blames for an imbalance requiring the pact’s amendment or termination.

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Companies Face Record Number of Shareholder Lawsuits

This year has seen a historic number of class-action securities lawsuits. Law firms are increasingly bringing securities cases targeting business disruptions or disasters, failed pharmaceutical trials and disappointing earnings.

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CFOs Want to Free up Working Capital

U.S. finance chiefs are shrinking the time it takes to convert trillions tied up in their businesses into tangible cash. Some of their European counterparts are struggling to do the same.

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Herbalife Deals Blow to Ackman With Going-Private Talks

Herbalife raised the specter of going private Monday, sending its stock soaring and dealing a blow to William Ackman, the nutritional-supplements company’s chief antagonist.

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Texas Regulators Are First Test for Sempra's Oncor Deal

Texas regulators who have proven to be harsh critics of suitors for Oncor, the largest power-transmission utility in the state, will be the first test for Sempra Energy’s $9.45 billion takeover offer.

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Ross Levinsohn Named CEO, Publisher of Los Angeles Times

Tronc is undergoing a broad management shake up at its flagship newspaper, the Los Angeles Times, bringing in internet and media industry veteran Ross Levinsohn as its new chief executive and publisher.

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Marketers Cash In on Eclipse

Brands are always looking for a clever way to glom onto a big news event. The marketing pitches tied to the solar eclipse have ranged from the funny to the absurd to the practical.

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CNN Launches a Daily News Show for Snapchat

CNN is launching a daily news show for Snapchat called “The Update,” the latest reflection of how media companies are stepping up their interest in the mobile messaging platform.

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J&J Wades Into Death Penalty Debate For First Time

Johnson & Johnson’s Janssen Pharmaceuticals is opposed to plans by Florida authorities to use one if its drugs in the lethal injection of convicted killer Mark Asay,

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Mitch McConnell: 'Zero Chance' U.S. Fails to Raise Debt Ceiling

Senate Majority Leader Mitch McConnell said Monday there was “zero chance” that the U.S. would fail to raise the federal debt ceiling.

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Draghi Is Likely to Lay Out End to Europe's Quantitative Easing

In his return to the Fed’s symposium in Jackson Hole, Wyo., this week, European Central Bank President Mario Draghi is expected to set out the case for ending quantitative easing—the program he introduced at the event three years earlier.

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In U.S.-Canada Trade Fight, the Border Watches, Warily

Proposed U.S. tariffs on Canadian softwood lumber are cheering some American sawmills and timberland owners, but businesses that rely on raw materials from north of the border are caught in the middle.

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Great Wall Expresses Interest in Fiat Chrysler's Jeep

Chinese auto maker Great Wall Motor said it is interested in acquiring Jeep, the profitable U.S. sport-utility vehicle maker owned by Fiat Chrysler Automobiles.

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Investors Grapple With Signs of Unrest

Investors are running out of reasons to keep buying U.S. stocks, exposing a growing number of warning signs. Many agree the indiscriminate optimism that characterized the postelection rally is evaporating.

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Electronic Arts, NFL Reach Out to Casual Esports Gamers

Electronic Arts and the National Football League are teaming up to create an annual videogame tournament aimed at a different kind of esports competitor: the player at home.

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HTC Joins Facebook in Slashing VR Headset Price

HTC is dropping the price of its Vive virtual-reality headset by $200, weeks after Facebook made a similar price cut for its Oculus Rift goggles.

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Total Buys Maersk Oil for $4.95 Billion

French oil company Total has agreed to acquire Danish conglomerate A.P. Moeller-Maersk’s oil unit for $4.95 billion, the latest sign activity is returning to the sector following a three-year slump in oil prices.

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Sempra Energy Reaches Deal to Buy Oncor After Outbidding Berkshire

Sempra Energy has reached a deal to buy Oncor for $9.45 billion after swooping in to snatch the power-transmission company away from Warren Buffett’s Berkshire Hathaway Inc.

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Trump and the CEOs: Behind the Collapse of an Uneasy Alliance

America’s largest companies were cautiously optimistic in January that the president’s policy goals were their own. Then came the travel ban, Paris, and Charlottesville. The question now is whether the relationship can be rebuilt.

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'Hitman's Bodyguard' Tops Rival Action Film 'Logan Lucky'

“The Hitman’s Bodyguard” emerged the box-office victor this weekend with a chart-topping $21.6 million, according to studio estimates Sunday, while “Logan Lucky” sputtered on arrival with $8.1 million.

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Global Economy Week Ahead: Europe PMI, U.S. Durable Goods, Jackson Hole

This week, top central bankers including Fed Chairwoman Janet Yellen and ECB President Mario Draghi will gather for the Jackson Hole economic symposium, and the eurozone will see data on manufacturing and consumer confidence.

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First Round of Nafta Talks Wrap Up

The U.S., Mexico and Canada on Sunday afternoon wrapped up the opening round of talks to renegotiate the 23-year-old North American Free Trade Agreement.

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Carbondale Plans to Make Hay While Sun Doesn't Shine

The Illinois college town expects a much-needed economic boost as thousands of visitors arrive to view the solar eclipse for one of the longest durations in the country.

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Old Oil Is New Again

As the costs of shale fracking rise, a growing number of small- and mid-sized oil firms from California to Oklahoma are forgoing expensive projects and opting for old-school wells instead.

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Mobile Games Rethink Ads: Roadblock or Reward?

Mobile developers such as Activision Blizzard Inc.’s King Digital have stopped resisting in-game ads and are ringing up revenue gains with messages from companies like Nestlé SA and Visa Inc.

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Parts Suppliers Take a Hit From the Amazon Effect

Amazon.com Inc. is joining a host of online sellers shaking up the roughly $130 billion market for industrial parts used by plumbers, electricians and manufacturers.

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Why Your Face Will Soon Be the Key to All Your Devices

As facial-recognition technology moves into mobile devices, we will soon take it for granted not just in smartphones but also in smart-home speakers, doorbells and locks, writes Christopher Mims.

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B&G Foods Gobbles Up Snackwell, Back to Nature Brands

B&G Foods has struck a deal to buy SnackWell’s cookies and Back to Nature granola bars for $162.5 million, adding to its stable of older brands that have faltered as eating habits change.

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Samsung Investors Await Note 8 Launch and Scandal Verdict

For Samsung Electronics, the launch this week of a new smartphone and a court ruling for its detained de facto leader may offer closure and clarity for a company rocked by two scandals over the past year.

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Airlines Jump on Board Eclipse Excitement

As millions of people move into position for Monday’s solar eclipse, some airlines are encouraging travelers to get a little closer to the action.

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Tech Censorship of White Supremacists Draws Criticism From Within Industry

A prominent privacy group has questioned the power a few corporations have to censor, as the number of tech companies blocking white supremacists and a neo-Nazi website grow.

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Alipay, WeChat Take Battle for Mobile-Payment Dominance Overseas

China’s tech titans are expanding into foreign markets, signing partnerships with merchants in Southeast Asia and Europe and looking to invest in payment systems in other countries.

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Google Searches for Ways to Boost News Subscriptions

The tech giant is working on new tools to help news organizations sell their wares, a move that could help ease its strained relationship with publishers.

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Uber's Kalanick Fires Back at Investor in Legal Battle

Uber’s former chief executive said Benchmark Capital is engaged in a personal attack that threatens to further damage the company and called for the legal dispute to be settled in arbitration.

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Third Bidder Emerges for Energy Future's Oncor

A new bidder has emerged with a $9.3 billion offer for power-transmission company Oncor that could wrest it from a deal with Warren Buffett’s Berkshire Hathaway Inc., according to people familiar with the matter.

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Two Tenet Board Members Resign, Setting Up Potential Proxy Fight

Two members of Tenet Healthcare’s board of directors, who represent the company’s largest institutional shareholder, have resigned their posts, citing “irreconcilable differences” over significant matters involving the company.

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Skirting Netflix: Video Streamers Serve Up Horror, '70s Fare, Anime

Walt Disney Co.’s decision this month to stream its own movies and shows marks Hollywood’s latest—and biggest—attempt to wean itself from Netflix Inc.

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Poland Spring Suit Accuses Nestlé of 'Colossal Fraud'

Nestlé is facing a lawsuit in the U.S. alleging that its Poland Spring brand is “common groundwater” rather than spring water, which the suit claims makes the marketing of Poland Spring water a “colossal fraud.”

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Power-Generation Company Calpine Agrees to Be Sold to Consortium

Private-equity firm Energy Capital Partners and a group of co-investors has agreed to buy power-generation company Calpine for $5.6 billion.

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James Murdoch Criticizes Trump: 'There Are No Good Nazis'

James Murdoch, CEO of 21st Century Fox and board member at News Corp, became the latest major U.S. business leader to criticize President Donald Trump’s response to white supremacist violence in Virginia.

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Vishal Sikka Resigns as Infosys CEO

Vishal Sikka has resigned as chief executive of Infosys, citing a resistance to change at the company that deteriorated into ugly accusations of impropriety.

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Foot Locker Sales Miss Weighs on Sector

Foot Locker reported worse-than-expected same-store sales in its latest quarter, a sign that the ‘athleisure’ market may be running out of steam.

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Higher Costs Chip Away at Lenovo's Profitability

A supply squeeze in memory chips is hampering Lenovo Group’s turnaround strategy, pushing the PC and phone maker to its first quarterly loss in nearly two years.

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Lost $12 Million Windfall Sparks Suit Against Delaware

Two French scientists are suing Delaware because the state sold stock they owned in Idenix Pharmaceuticals without telling them. The case has implications across the U.S. as many companies are incorporated in Delaware.

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U.S. Consumer Sentiment Rose in August

U.S. consumer sentiment increased in the first half of August to its highest level since January, as consumers cited a positive outlook for future economic conditions.

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U.S. Industrial Output Up Modestly in July

Cooling auto sales have led to a drop in production at U.S. factories, constraining a key driver of economic growth in recent years.

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Yellen to Speak on Financial Stability at Jackson Hole Next Week

Federal Reserve Chairwoman Janet Yellen will speak at the central bank’s annual economic symposium in Jackson Hole, Wyo., next week, the Fed announced Thursday.

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The 2008 Financial Crisis: How It All Began

August 2007 marked the beginning of the worst financial crisis since the great depression. WSJ’s finance and banking editors break down the events that led to the 2008 financial crisis.

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Clothing Discounters Offer a Retail Bright Spot

Discount clothing sellers offered investors a rare alternative Thursday to woes in the retail sector, saying bargain-hunting customers are continuing to shop at value-focused stores.

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Trump Threatened to Kill AT&T-Time Warner Deal, But It's Very Much Alive

The government review of AT&T’s $85 billion takeover of Time Warner has reached an advanced stage, a sign that Donald Trump’s campaign-trail complaints about media concentration and his disdain for CNN haven’t gummed up the vetting process.

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White House Pulls Plug on Infrastructure Advisory Panel

The White House pulled the plug on a planned council that was to advise President Trump on rebuilding the nation’s infrastructure, an apparent victim of the Charlottesville furor.

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Uber Wins Ruling on 'Terms of Service' Agreements

A federal court found that Uber Technologies customers sign over their rights to sue in court when they click to agree to the ride-hailing company’s terms of service, which include a provision requiring arbitration.

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New Ford CEO Hints at Changes in Auto Maker's Self-Driving Plans

Fresh into his role as Ford Motor Co.’s chief executive, Jim Hackett said the auto maker is rethinking how customers are going to want to use self-driving vehicle technology.

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Hackett Plans Heavy Investments With His New Oklahoma Shale Play

Oilman Jim Hackett said Thursday that his new venture would increase drilling in Oklahoma’s Stack shale play and spend heavily on pipelines, storage facilities and gas-processing plants.

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Mylan Settles EpiPen Medicaid Overcharge Claims for $465 Million

Mylan agreed to pay $465 million to settle federal government claims that it overcharged the Medicaid program by millions of dollars for its EpiPen products.

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Nielsen to Track Growing Clout of Esports

Nielsen Holdings PLC said it began measuring the financial value of sponsoring videogame competitions and teams, the latest sign of the rising interest in so-called esports.

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Cisco's Feud With Former Star Executive Turns Personal---And Costly

Arista Networks is grabbing Cisco’s giant networking business, winning over its customers and rankling its top brass. The battle has divided CEO Jayshree Ullal and Cisco’s John Chambers, who were once close colleagues.

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Facebook Courts Marketers With In-Stream Video Ads

As Facebook ramps up its video ambitions, get ready for more commercial breaks.

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Hormel Foods Buys Fontanini Brand Meats for $425 Million

Hormel has bought the Fontanini brand meat and sausage business for $425 million.

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Eurozone Surplus Suggests Economy Is Unfazed by Strong Euro

The eurozone’s trade surplus widened in June, an indication that the euro’s recent rise against other major currencies has yet to hinder economic growth.

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China Blockbuster Leads Pack as Box Office Stages a Comeback

A Chinese action film that taps into nationalist fervor has become the highest-grossing movie ever in China, showing that the box office here can still pack a punch following last year’s abrupt slowdown.

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U.S. Jobless Claims Dropped to 232,000 Last Week

The number of Americans filing new applications for unemployment benefits dropped last week from already low levels, a sign of health in the U.S. labor market.

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Wal-Mart Sales Rise as Retailer Dodges Industry Malaise

Wal-Mart Stores Inc. said sales rose in its latest quarter Thursday, showing that the world’s largest retailer continues to avoid the malaise that has hit some competitors, but it came at the expense of profits.

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Alibaba's Revenue Surges, Fueled by Consumer Demand

The Chinese e-commerce giant posted revenue of $7.4 billion for the fiscal first quarter, up 56% from the year-earlier period.

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India Is Going Radio Gaga

The South Asian nation is in the middle of a radio boom and media companies are rushing to get new stations and talent on the air while advertisers shift strategies to capture audiences and revenue.

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Jim Hackett's Blank-Check Acquisition Company Finds a Target

Investors this spring gave former Anadarko Petroleum CEO Jim Hackett $1 billion to go forth and find yield. Now he’s putting that money into the merger of exploration outfit Alta Mesa Holdings and pipeline company Kingfisher Midstream.

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Turner Sports to Launch Streaming Network to Air Champions League

Time Warner’s Turner Sports is launching a streaming, direct-to-consumer subscription service that will be a platform to air soccer matches from UEFA’s Champions League and Europa League.

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Cisco's Long, Slow Decline

Investors had low expectations for Cisco Systems ahead of its fiscal fourth-quarter results posted Wednesday.

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China Tech Workers Wanted: Women Need Not Apply

Allegations of gender discrimination and sexual harassment have rocked Silicon Valley recently, but the torrent of news has barely registered as water-cooler talk in China’s tech industry, Li Yuan writes.

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Facebook Shut Down Employee Chat Room Over Harassing Messages

Facebook dismantled a popular anonymous discussion board for employees last year that had become a forum for conservative political debate that sometimes degenerated into racist or sexist comments.

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Mexican Supreme Court Backs America Movil on Fees

Mexico’s Supreme Court ruled a law requiring dominant phone carrier América Móvil SAB to complete calls from rival networks without charge is unconstitutional, leaving it up to regulators to determine interconnection fees.

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MoviePass Says Success Will Bring Cooperation

Digital ticketing company MoviePass said it plans to quickly amass subscribers and use the resulting market power to convince the film industry to work with it.

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Fed Officials Split Over Next Rate Increase

Federal Reserve officials meeting in July split over the timing of future interest-rate increases as they struggled to understand why inflation has been so weak in recent months. But they agreed to soon begin the yearslong process of drawing down the central bank’s holdings, according to minutes of the July 25-26 meeting released Wednesday.

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Trump's Business Councils Disband After CEOs Defect

President Trump tweeted that he was ending two top business-advisory councils, a move that came amid CEO defections following his comments about violence in Charlottesville, Va.

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Two More CEOs Quit Trump Council

The chief executives of 3M Co. and Campbell Soup Co. on Wednesday became the latest corporate leaders to leave a White House council on manufacturing after President Donald Trump’s responses to the recent violence in Charlottesville, Va.

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Judge Temporarily Shields Car Makers From Some Air-Bag Lawsuits

A bankruptcy judge issued a temporary stay shielding Honda, Toyota, Subaru and other automobile manufacturers from many lawsuits over defective air bags made by Takata.

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Which Laptop Should I Buy?

If you’re shopping for a laptop, you have questions. Personal Tech columnist Geoffrey A. Fowler has the answers—and shares insights into the state of the business.

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In New Political Status Quo, Big Business Bucks the Right

Issues such as transgender rights and climate change show how big business has become, at least on social policy, a check on Republicans, amid a change in what defines the political status quo.

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Summer Youth Unemployment Falls to Lowest Level Since 1969

The unemployment rate for young Americans fell this summer to match the lowest level in nearly half a century. But there’s a big caveat: A far smaller share of them are looking for jobs.

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Beijing's Heavy Hand in Chinese Business

China’s big internet companies are investing in its No. 2 telecom provider though the reason isn’t clear beyond the government wants it.

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Why Savvy U.S. Fliers Take Air Canada

More international travelers, especially in smaller U.S. cities, are finding better deals, nicer planes and faster flight times than they get from Delta, United or American by heading north.

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Nafta Renegotiations Open in Washington

U.S. trade representative Robert Lighthizer opened talks on renegotiating the North American Free Trade Agreement by saying the 23-year-old pact has “failed many Americans,” while Mexican and Canadian officials underscored the countries’ working relationships.

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Tech Firms Break From Hands-Off Approach With Bans on White Supremacists

Recent moves by tech companies including Alphabet Inc.’s Google, GoDaddy, Uber and GoFundMe to crack down on white supremacists thrust them into unusual territory for corporations that often take a more hands-off approach to who uses their services and how.

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UnitedHealth Names David Wichmann as New CEO

UnitedHealth Group said its current president, David Wichmann, will next month succeed Stephen Hemsley as chief executive, a widely expected transition at the top of the nation’s largest health insurer.

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Maersk Posts Surprise Loss, Warns of Cyberattack Impact

Danish shipping giant A.P. Moller-Maersk said it swung to a surprise second-quarter loss, as it wrote down the value of its tanker and ports assets, and warned of the impact of a major cyberattack in June.

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Tencent's Mobile-Game Growth Continues

The Chinese internet company posted double-digit revenue and profit increases as it continued to expand its mobile-game, social-media and advertising businesses.

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How Oracle Engineered Its Sales Staff for the Cloud

Oracle Corp. is starting to see the positive results of remaking its sales force as it confronts longstanding questions from Wall Street about the software company’s commitment to cloud computing.

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Target Posts Sales Increase, Raises Profit Outlook

Customers spent more at Target in its most recent quarter, as the retailer embarked on a plan to refresh its interiors and cut prices. The retailer also raised its profit outlook for the fiscal year.

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U.S. Housing Starts Dropped in July

U.S. housing starts fell last month, driven by a pullback in multifamily construction, declining 4.8% in July from the prior month, while residential building permits fell 4.1%.

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Nafta Talks Open With Spat Over Resolving Tariff Conflicts

Talks to remake the North American Free Trade Agreement start off today with an early dispute—over how to settle tariff disputes.

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Apple Readies $1 Billion War Chest for Hollywood Programming

Apple has set a budget of roughly $1 billion to procure and produce original content over the next year—a sign of how serious the iPhone maker is about making a splash in Hollywood.

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Uber Shareholders Fight for Control as Leadership Vacuum Weighs

The acrimony among Uber’s investors spilled further into view with a new letter from one shareholder alleging underhand tactics by Benchmark Capital.

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Fiat Chrysler Joins BMW-Led Self-Driving Car Tech Alliance

Fiat Chrysler said it’s joining a BMW-led consortium to develop self-driving car technology, a move that comes more than a year after the group was formed with an aim of producing fully automated vehicles by 2021.

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Akzo Nobel Strikes Agreement With Elliott After Dispute

Akzo Nobel reached a truce with Elliott Management giving the activist investor board representation following a monthslong standoff over Elliott’s push to force the Dutch chemicals company into talks over a $28 billion takeover bid.

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AMC Objects to $10/Month MoviePass Plan

The nation’s largest movie theater chain isn’t ready to embrace a plan to bring Netflix-style subscription pricing to multiplexes.

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Air Berlin Files for Bankruptcy Protection After Biggest Investor Ends Support

Air Berlin, Germany’s second-largest airline, said it had filed for bankruptcy protection and was in talks to sell part of its operations to larger rival Deutsche Lufthansa.

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Wal-Mart CEO Criticizes Trump's Virginia Response

Two more members of the president's manufacturing advisory council said they would resign, while the leader of Wal-Mart criticized the president’s initial response to weekend violence but said he would “stay engaged.”

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Con Job: Hackers Target Millennials Looking for Work

As job recruiting, applications and interviewing become more digital, hackers are finding new ways to target young people with employment scams.

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Advance Auto Parts Stock Falls After Profit Miss

Advance Auto Parts’ stock is on track to have its biggest single-day decline as a public company as the retailer on Tuesday dimmed its outlook on sales growth.

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Bill Gates Donates Billions in Stock to Foundation

Microsoft Corp. co-founder Bill Gates handed over 64 million shares of the software giant to his foundation in June, a $4.68 billion donation based on current share prices that would rank as his most valuable to the organization in more than a decade.

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Uber Settles With FTC Over Data-Privacy Protections

Uber agreed to two decades of audits as part of a settlement with the federal government over allegations that the company didn’t have sufficient data-privacy protections for its users.

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Fed Minutes May Offer Clues on Start of Portfolio Wind-Down, Rate Rise Plans

The Federal Reserve on Wednesday will release minutes from its July meeting, when it left interest rates unchanged and indicated it could begin shrinking its bond portfolio as soon as September.

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South Carolina Sues Purdue Pharma, Alleging Deceptive Opioid Marketing

Lawsuits filed over the opioid crisis continued to mount this week, with an action brought by South Carolina against drugmaker Purdue Pharma and an earlier suit by Birmingham, Ala., against drug distributors.

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Consumers Ramp Up Spending, But Risks Abound

American consumers ramped up spending last month, amid low unemployment, rising confidence and soaring stock prices. But a big chunk of that spending of late has been covered by debt.

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U.K. Consumer Inflation Flat in July

Britain’s consumer price inflation remained unchanged and growth in producers’ raw materials costs slowed sharply in July, adding to signs that a squeeze on U.K. households evident since last year’s Brexit vote might soon begin to ease.

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Computer-Chip Testing Firm Urges Blocking Sale of Rival to China Fund

Cohu Inc., which tests semiconductors, wants to persuade the U.S. Committee on Foreign Investment that the proposed sale of Xcerra Corp. to a Chinese government-backed fund would threaten national security.

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Costco Ordered to Pay Tiffany Millions Over Ring Claims

A judge ruled that retailer Costco must pay Tiffany & Co. more than $19 million for selling what it marketed as ”Tiffany” engagement rings.

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Retailers Send Mixed Messages on the Sector's Health

Retailers navigating a rocky landscape didn’t see a lot of clarity as Dick’s Sporting Goods and Coach reported weak results while TJX Cos, and Home Depot posted strong quarterly sales.

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Johnny Depp's Former Business Managers Face Federal Probes

Federal investigators from three agencies are looking into a top Hollywood business-management firm facing fraud allegations from a former client, actor Johnny Depp, according to people familiar with the matter.

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Some Companies Want You to Take a Mental-Health Day

More companies are trying to destigmatize mental illness and encourage workers to use mental-health days for their original intent.

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Insulin Maker Learns Brutal Lesson: Sometimes Innovation Doesn't Pay

For almost a century, Novo Nordisk rolled out new versions of its core product at higher prices. Then suddenly, customers including governments and insurers decided the older, less expensive versions were good enough.

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D'Oh! Domino's Delivery Can't Cope With France's Apostrophes

Domino’s Pizza Enterprises thought its online delivery platform could be the pièce de résistance of a strategy to fire up sales in France. But it struggled to deal with the abundance of apostrophes.

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Scandals, Security Concerns Blight Upstart Casino Sector in Manila

Manila’s casino sector promised to become one of Asia’s most important gaming hubs. But money laundering and security concerns may change those odds.

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Amazon to Issue Debt to Support Planned Whole Foods Acquisition

Amazon.com will issue debt to help fund its purchase of Whole Foods, and Moody’s said the e-commerce giant wants to raise up to $16 billion in the offering.

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Uber Submits to Philippine Regulator Over One-Month Suspension

Uber said it would comply with a one-month suspension imposed by regulators in the Philippines after authorities rejected its appeal and threatened to arrest Uber drivers still on the road.

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Household Debt Hits Record as Auto Loans and Credit Cards Climb

U.S. household debt reached a new record of $12.8 trillion in the second quarter, driven by rising mortgage debt, a strong quarter for auto loan originations, and an uptick in credit-card balances.

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German Economic Growth Robust Despite Slowdown

Germany maintained its solid economic performance, despite an unexpected yet mild slowdown in the second quarter.

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Trump Names Philipson to Council of Economic Advisers

President Donald Trump named Tomas Philipson, an economist at the University of Chicago who has specialized in health-care policy, to the three-member Council of Economic Advisers on Monday.

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U.K. Offers Customs Proposals for Brexit

The U.K. government proposed a customs arrangement with the European Union that it said would eliminate the need for border checks on imports and exports after Brexit.

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U.S. Retail Sales Jumped 0.6% in July

U.S. retailers posted their strongest sales growth all year in July, as Americans shelled out more on a range of goods and took advantage of Amazon’s annual discount day.

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Warren Buffett Cashes Out on GE, Cashing In on Crisis Loan

Warren Buffett’s Berkshire Hathaway is getting out of one of America’s oldest companies: General Electric. Berkshire received most of the shares after the investor lent roughly $3 billion to GE in October 2008 during the depths of the financial crisis.

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'The Walking Dead' Creator and Producers Sue AMC

The creator and three other producers of the hit show “The Walking Dead” have filed a suit against AMC Networks Inc. alleging that they’ve been denied their rightful share of the hit program’s profits.

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Pandora Names Sling TV's Lynch as New CEO

Pandora Media said former Sling TV Chief Executive Roger Lynch will lead the Internet-radio company as it faces an increasingly competitive landscape.

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Jana Takes Stake in Blue Apron

The activist hedge fund whose investment in Whole Foods Market Inc. catalyzed the natural grocer’s takeover by Amazon.com Inc. has taken a 2% stake in meal-kit maker Blue Apron Holdings Inc.

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