Activist Nelson Peltz Gets Key Boost in P&G Proxy Fight

Less than two weeks before the largest proxy vote in history, activist Nelson Peltz got a key boost in his high-profile fight against Procter & Gamble Co.

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New Ford Chief Is Ready to Start Tinkering

Jim Hackett, Ford’s new CEO, spent the summer touring the auto maker’s global operations, brainstorming with executives on new business concepts a visiting an electric car maker in Silicon Valley. Now, he is ready to start tinkering under the hood.

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North Carolina Lawmaker Takes On Chinese Investments in U.S.

Rep. Robert Pittenger (R., N.C.) is the most prominent voice against Chinese-backed investments in the U.S., including the planned sale of the Chicago Stock Exchange.

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Kalanick Defiantly Appoints Two Uber Directors

Uber Technologies Inc.’s ousted chief executive, Travis Kalanick, is appointing two new directors to the ride-hailing firm’s board in a surprise move that would bolster his clout as the company faces several critical decisions.

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Google Conducting Broad Internal Investigation on Russian Influence

Google is conducting a broad internal investigation to determine whether Russian-linked entities used its ads or services to try to manipulate voters ahead of the U.S. election.

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U.S. Offers Vogtle Nuclear Plant $3.7 Billion in Loan Guarantees

The Trump administration offered an additional $3.7 billion in loan guarantees to a troubled nuclear power plant project in Georgia that is billions over budget and years behind schedule, raising the total federal loan guarantees to $12 billion.

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Merck Abandons New Hepatitis C Drugs

Merck & Co. is halting development of new hepatitis C treatments after reviewing their effectiveness and determining an abundance of treatments were already available.

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Boeing, FAA Spar Over Lithium-Battery Safety Tests

Four years after fire-prone batteries temporarily grounded Boeing’s 787 airliners, the company is clashing with U.S. regulators over how to prevent similar hazards in the future.

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U.S. Rescinds Federal Oversight of AIG

U.S. officials voted to remove federal oversight of AIG, an insurance company now about half the size it was when it was on the brink of collapse and became a poster child of the global financial crisis.

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GOP Faces Challenge With Tax Overhaul: How to Treat the Rich

Republicans, long champions of tax cuts, face a conflict about how to treat the rich in a tax overhaul.

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Trump Says Tax Cuts Will Supercharge Economic Growth

President Trump pledged that the Republican tax proposal would spur “the rebirth of American industry” and supercharge the U.S. economy amid debate over how much growth the plan will generate and its impact on the federal deficit.

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Canadian Economy Stalls in July

Canadian economic output stalled in July after eight straight months of gains, bringing an end to an exceptional run that powered the fastest growth among Group of Seven economies in the past year.

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Trump Meets With Kevin Warsh About Fed Chairman Job

President Donald Trump and Treasury Secretary Steven Mnuchin met with Kevin Warsh to discuss his potential nomination as the next Federal Reserve chairman, a White House official said.

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U.S. Consumer Spending Soft in August

Consumer spending was soft in August, while a key measure of U.S. inflation continued to show modest price growth across the economy.

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Amazon Sells $1.6 Million in Whole Foods' Products in First Month

The e-commerce giant delivered one of the first infusions of cash to the organic grocery chain through its site, providing Whole Foods with the potential for a new mass-market platform and new revenue.

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As Diesel Goes From 'Darling to Devil,' European Refiners Try Not to Drown in It

Europe’s big oil refiners are searching for other uses for roughly $10 billion of investments in diesel as they anticipate falling demand for what was once drivers’ favorite fuel.

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Elon Musk Projects First Private Trips to Mars by Middle of Next Decade

Billionaire entrepreneur sees super-powerful rockets and giant capsules being used for commercial contracts and deep space missions—and later, passengers.

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VW Takes New $2.9 Billion Hit From Diesel Scandal

Volkswagen warned that its third-quarter operating result would take a hit of around $2.94 billion as the company continues to grapple with the fallout of the diesel emissions scandal.

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Whole Foods Discloses Data Breach

Whole Foods said card-payment information of customers who drank and dined in its taprooms and full-service restaurants has been hacked.

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German Police Arrest Second Person in Diesel Emissions Scandal

The unidentified person was accused of fraud and illegal advertising in connection to cars with illegal software designed to dupe emissions tests.

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AbbVie, Amgen Reach Humira Settlement

Drugmakers AbbVie and Amgen reached a patent-dispute settlement requiring Amgen to wait until 2023 to start selling a lower-priced copy of the world’s top-selling drug, AbbVie’s arthritis treatment Humira, in the U.S.

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Tyson Plans Cost Cuts In AdvancePierre Integration

Tyson Foods said Thursday it will cut about 450 jobs as it integrates recently acquired sandwich maker AdvancePierre Foods its fold.

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Twitter Says it Found 201 Accounts Linked to Russia

Twitter Inc. told Congress that 201 accounts linked to Russians sought to interfere with the 2016 U.S. presidential election by spreading misinformation.

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The Wall Street Journal to Stop Publishing Foreign Print Editions

The Wall Street Journal will cease publishing the European and Asian print editions of the newspaper over the next week, as the company shifts its focus to digital amid an increasingly challenged print advertising market.

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GoPro Unveils New Devices as It Battles Smartphones

GoPro Inc. is betting on two new devices to differentiate itself from the fast-advancing camera technology found in smartphones, and to help it reclaim profitability.

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IKEA to Acquire Online Freelancer Marketplace TaskRabbit

IKEA agreed to acquire TaskRabbit—an online marketplace that connects people with freelancers willing to do odd jobs and errands—a move that will help the furniture giant make it easier for customers to assemble its flat pack furniture.

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Roku Shares Surge in Trading Debut

Roku shares climbed in their trading debut, a welcome sign for the stalled technology IPO market.

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World's Biggest Oil Company Promised Expats Idyllic Lifestyle---Then Fire Erupted

Saudi Aramco, which is planning what could be the biggest IPO ever, ignored warnings from its own safety experts about the construction of a compound housing foreign workers and their families. At least 10 people died in the 2015 tragedy.

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Housing Market Tilts Toward Sellers as Inventory Shrinks

A housing-inventory shortage is creating a seller’s market, with strong demand pushing up prices even as the pace of home sales declines.

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Philip Morris Reorganizes as It Shifts Focus to 'Smoke-Free' Products

Philip Morris International is reorganizing its geographic regions and executive ranks—including naming a new chief financial officer—in efforts to propel the company’s shift away from cigarettes.

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China Sets New Deadline for Electric-Car Production

China will force foreign car makers here to start manufacturing electric vehicles in 2019—a one-year reprieve from an earlier proposal, but still the strongest national initiative yet to spur alternatives to gasoline and diesel cars.

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Amazon's New Echos Bring Alexa to the Bedroom and Beyond

Amazon let 10,000 Echos bloom, introducing a half-dozen new products to convince families to put Alexa in a lot more places throughout the home (and even beyond it).

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Chevron Names Wirth Chairman, CEO

Chevron named Michael Wirth, an engineer and longtime operator of a vast network of refining and pipeline assets, as its next chief executive.

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Kellogg CEO John Bryant to Step Down

Kellogg Co. Chief Executive John Bryant is stepping down next week after nearly seven years leading the cereal and snack giant through a tumultuous time in the food industry.

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Etihad Looks to Brit to Chart a New Course

Abu Dhabi’s Etihad Aviation Group named a new chief executive to navigate a strategic shift following hefty financial losses from investments in other airlines.

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U.S. Second-Quarter GDP Rose 3.1%

U.S. economic output grew at a 3.1% annual rate in the second quarter, slightly stronger than previously thought and marking the best growth in two years.

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Eurozone Business, Consumer Confidence Surges Despite ECB Signals

Businesses and households across the eurozone were more upbeat about their prospects than at any time in over a decade during September.

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Blame Canada? Toronto, Vancouver Top Housing Bubble Risks

The U.S.’s northerly neighbor is home to two of the world’s most overvalued cities, says UBS, singling out Toronto and Vancouver.

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Screen Blues Aren't Over for Many of Apple's Suppliers

Display makers such as Japan Display, LG Display and Sharp are falling behind in the screen arms race as Apple shifts to OLED technology.

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Got it Covered: China's First Online-Only Insurer Pops in Market Debut

Shares of China’s first online-only insurer rose strongly in its market debut in Hong Kong on Thursday, with ZhongAn Online P&C Insurance Co. providing a boost to what’s been a muted year for initial public offerings there.

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'Amazon Effect' Leads Investors to Sour on Retail

Amazon.com’s expanding reach is prompting investors to dump shares of retailers far from the U.S. While the “Amazon effect” has been most pronounced in the U.S., investor concern overseas has risen.

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For Kangol Hats, 'Made in America' Is Slower and More Expensive

After moving manufacturing to the U.S. from China, the maker of Kangol hats has struggled to lower costs and find American workers as fast and skilled as their Chinese counterparts. One plus: Shorter shipping times.

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Straight Outta Chongqing: How an Online Rap Competition Dominated Chinese Pop Culture

“The Rap of China”’s breakout success demonstrates how internet companies are starting to dictate entertainment and pop-culture trends once defined by television.

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H&M Hit by Discounting, Slowness to Embrace Digital

Shares in Hennes & Mauritz fell sharply after the fashion retailer said profit sank in the third quarter amid a heavy bout of price-cutting and fewer visitors to its stores.

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Toshiba Signs $17.7 Billion Deal With Bain-Apple Group to Sell Chip Unit

Toshiba said it reached a legally-binding agreement with a group led by U.S. private-equity firm Bain Capital to sell its memory chip unit for $17.7 billion.

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Apple Interested in Advanced LCDs for Some iPhones in 2018

Apple has expressed interest in buying advanced liquid-crystal displays from Japan Display for some iPhones next year, a sign the technology has life despite competition from a newer type of display.

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Amazon's Device Ambitions Speak Volumes

Despite heavy spending, Amazon has managed to boost its profitability over the last couple of years, thanks largely to its growing cloud business, and its investments fuel far more than the Echo devices.

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Winners and Losers Under the Trump Tax Plan

The tax overhaul unveiled Wednesday by President Donald Trump leaves crucial details to Congress, but the document does provide evidence of what the administration and Republicans want to do. Here are groups that would—and wouldn’t—benefit.

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Fiat Chrysler, Vehicle Owners to Hold Emissions-Settlement Talks

Fiat Chrysler Automobiles will hold settlement talks in October with lawyers representing owners of diesel-powered vehicles who sued the auto maker over emissions that allegedly exceeded legal limits.

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Baxter Saline Shipments Disrupted in Puerto Rico

Baxter International says it has lost “multiple production days” in hurricane-wracked Puerto Rico that will delay its ability to restore shipments of two products that were already in short supply on the U.S. mainland.

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Bombardier's Shares Fall After Twin Jolts of Bad News

Bombardier Inc.’s share price fell Wednesday after two rivals said Tuesday they’d merge their train operations and the U.S. announced a harsh tariff.

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Donald Trump Accuses Facebook of Being 'Anti-Trump'

President Donald Trump, a post on his Twitter account, said Facebook is acting against him, his second attack on the social network in less than a week after the company agreed to hand over to congressional investigators information related to Russian-backed ads during the election.

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Why Big, Bad Boeing Is Picking on Bombardier

Why is Boeing picking on the little guy? Because that is how you stay big and dominant.

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U.S. Families' Wealth, Incomes Rose, Fed Survey Says

U.S. families’ wealth and incomes rose across the board as the economic recovery continued over the past three years, a shift after the economic fortunes of all but most well-off families stagnated in the aftermath of the recession, the Federal Reserve reported.

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The Government Needs More Cyber Talent---But So Does Everyone Else

There is a shortage of experts who are qualified and experienced enough to set up and maintain effective cybersecurity defensives, industry participants say. And they don’t come cheap.

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The Tenuous Logic Behind Republicans' About-Face on Debt

President Donald Trump and congressional Republicans are making a politically convenient case to financing tax cuts with deficits, but it’s a risky reversal, Greg Ip writes.

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Uber Shutting Down U.S. Car-Leasing Business

Uber Technologies Inc. on Wednesday confirmed it is shutting down its U.S. auto-leasing business, months after it discovered it was losing 18-times more money per vehicle than previously thought.

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Google Rolls Out Search, Shopping Ad Changes In Europe

Google has started overhauling millions of search results in Europe.

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Europe's Foreign Debt Binge Could Push U.S Rates Lower

European investors are buying more foreign bonds than ever before, another sign that many fund managers aren’t expecting tapering from the European Central Bank to boost local yields anytime soon.

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This Crazy Camera Is the Future of Photography

Light’s L16 pocket-size camera has 16 small lenses capturing many views at once, to create a DSLR-quality photo.

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Time Inc. Launches 'People Perks' Membership for Product Discounts

Time Inc. is offering memberships for $60 per year or $5.99 per month that give consumers access to deals on products related to entertainment, beauty, food, pets and more. It’s part of wider efforts to develop new revenue sources.

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Health Insurers Make Final Call on ACA Plans

Health insurers make their final decisions Wednesday on where to offer Affordable Care Act plans next year, and so far there are few signs of a major last-minute exodus from the health law’s exchanges, despite companies’ nervousness about their future.

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Retail Stores Made Elmira, N.Y., an Unlikely Success---Now They're Gone

The county, famed for its trail-blazing mall, is more exposed to 2017’s brick-and-mortar carnage than almost anywhere in the U.S.

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Republicans Unveil Plan to Overhaul U.S. Tax Code

A sweeping Republican plan to overhaul the U.S. tax code proposes to sharply reduce tax rates on businesses and many individuals— kicking off an effort by President Donald Trump and congressional leaders to build momentum for a challenging legislative push in the months ahead.

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Apple iPhone X Production Woe Sparked by a Parts Imbalance

Apple Inc. hit a production snag with components crucial to its new iPhone X’s facial-recognition system, adding to concerns about extended shortages when sales begin early in November.

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Fast-Food Chain Sonic Confirms Data Breach

The operator of Sonic Drive-In burger joints acknowledged that its store-payment systems were attacked, leaving some customers’ credit and debit cards numbers at risk.

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The Saudi Workplace App Fueling Bullying Concerns Among U.S. Teens

The secret behind the fast rise of anonymous messaging app Sarahah, created at a Saudi oil company as a corporate feedback tool, is Snapchat.

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Uber vs. London, Round Two: Tribunal Weighs Whether Drivers Are Contractors

As Uber Technologies tries to negotiate with London regulators over its operating license, the ride-hailing company is fighting another battle in Britain with high stakes for its broader business model.

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Ford and Lyft Sign Driverless-Car Agreement

Ford Motor and Lyft said they would develop self-driving vehicles for the ride-hailing service, adding to a growing number of alliances between auto makers and tech companies.

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Delphi Automotive Renames Itself 'Aptiv' in Software-Focused Makeover

Delphi Automotive will rename itself Aptiv and that its current CEO, Kevin Clark, will continue to run that part of the company after it splits in two by next March.

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Can Roku Be a Tonic for Tech IPOs?

Roku, an early player in streaming television, is hoping for a stock-market debut that could breathe some life into a faded technology IPO scene.

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Mexico Runs Up $2.73 Billion August Trade Deficit

Mexican registered a wider-than-expected $2.73 billion trade deficit in August as imports of petroleum and other goods outpaced gains in factory exports.

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U.S. Durable-Goods Orders Rose 1.7% in August

Demand for long-lasting U.S. factory goods rebounded in August, pointing to a continued upswing in business investment.

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U.K.'s Theresa May 'Bitterly Disappointed' Over U.S. Bombardier Sanctions

British Prime Minister Theresa May said  she was “bitterly disappointed” after the U.S. said it would put punitive import duties on a new jetliner made by Bombardier, putting thousands of jobs at a Northern Ireland factory at risk.

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Chinese Developers Face Debt Reckoning After Boom

A wave of Chinese debt coming due next year alongside new stricter lending rules poses a risk to China’s builders—and to the country’s economy.

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PepsiCo Lawyer's Exit Is Focus of SEC Probe

Federal securities regulators are investigating an allegation by PepsiCo’s former top lawyer that the company fired her in retaliation for the way she handled an internal probe into potential wrongdoing in Russia, according to people familiar with the matter and internal documents.

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U.S. to Slap Big Tariff on New Jetliner From Canada's Bombardier

U.S. officials ruled Bombardier illegally underpriced a big sale of commercial jetliners in a move that adds to a simmering trade spat with Canada.

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Corruption Probe Threatens Adidas's U.S. Overhaul

Adidas’s rebranding campaign in the U.S. market suffered a blow after one of the company’s executives and an Adidas affiliate were arrested as part of a federal probe into corruption in college basketball.

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For the First Time in Years, U.S. Rises in Global Business Ranking

The United States is the second most competitive economy in the world in 2017, trailing only Switzerland, according to a closely watched index from the World Economic Forum.

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U.S. Challenges Parker Hannifin's Acquisition of Clarcor

The Justice Department filed an antitrust lawsuit challenging Parker Hannifin Corp.’s $4.3 billion acquisition of Clarcor Inc. that closed in February, alleging the deal created an unlawful monopoly.

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Your Tweets May Not Have to Be That Short Anymore

Twitter said it would begin testing a new limit of 280 characters, double its current limit, as a concession to users who have been clamoring for changes to the short-messaging service.

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Alstom, Siemens Announce Merger to Create European Train Business

German industrial giant Siemens agreed to merge its rail operations with French train maker Alstom SA, aiming to create a European giant with the scale to fight growing competitive threats from state-backed Chinese rivals.

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DirecTV Allows Some NFL Refunds After Anthem Controversy

DirecTV will let at least some customers cancel subscriptions to its Sunday Ticket package of NFL games and obtain refunds if they cite players’ national anthem protests.

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Toyota to Start Making Hybrid Engines in U.S.

Toyota Motor Corp. said it will start production of its first American-made electric-gas hybrid engines, the latest in a series of investments by foreign auto makers to expand operations in the U.S.

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U.S. Treasury Adds Eight North Korean Banks to Sanctions List

The U.S. Treasury Department named eight North Korean banks and 26 individuals linked to the nation’s financial networks to its sanctions list.

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GOP Tax Plan to Allow for Top Individual Rate Above 35%

The Republican tax plan being released Wednesday will open the door to a top individual tax rate that is higher than the 35% that has been in previous plans, according to two people familiar with the discussions.

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Dyson Says It Is Developing Electric Car

Dyson, the British technology company known for its high-end vacuum cleaners and ubiquitous hand dryers, said Tuesday that it was developing an electric car to hit roads by 2020 or 2021.

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EU Opens Investigation Into Essilor-Luxottica Merger

The European Union’s antitrust authority said it started an investigation into the proposed merger between Ray-Ban maker Luxottica and optical-lens maker Essilor, which would create a global eyewear colossus.

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Why Harley-Davidson's CEO Thinks His John Deere Tractor Has Therapeutic Powers

Matt Levatich on mowing his lawn, using his favorite teleprompter app and wearing high-tech ear gear—both on his motorcycle and off

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Yellen Says Low Inflation Could Lead to Slower Pace of Rate Rises

Federal Reserve Chairwoman Janet Yellen defended the central bank’s projection for a gradual path of interest-rate increases over the next few years even though she said low inflation, if it persists, could lead to a slightly slower pace of rate rises.

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Uber Shareholder Sues Company, Ex-CEO Over Alleged Fraud

A lawsuit from the Irving Firemen’s Relief & Retirement Fund in Texas claims Uber and former CEO Travis Kalanick knowingly misled investors while raising capital by failing to reveal the company had potentially broken laws.

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Florida's Orange Industry, Symbol of a State, Is Dying

The state’s citrus industry, beset by a disease killing off groves plus hurricanes and international competition, is banking on producing a genetically engineered orange that is years away from being ready for sale.

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Kohl's CEO to Retire Next Year

Kohl’s said Chief Merchandising and Customer Officer Michelle Gass will be its next chief executive, as the department-store chain moves forward a succession plan to replace its longtime leader.

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Boeing Recruits Insurers to Fill Financing Gap

Boeing Co. has found a new source of financing for jetliner orders that are expected to approach $200 billion a year by the end of the decade: insurance companies.

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U.S. New-Home Sales Declined in August

U.S. new-home sales continued to fall in August, and the supply of available homes expanded.

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How to Land a 'Stretch' Job

Good leaders can spot unrealized potential and steer employees to new challenges; here’s how to get spotted and thrive.

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Senate Confirms William Emanuel for National Labor Relations Board

The Senate approved William Emanuel to sit on the National Labor Relations Board, putting Republicans in control of the body for the first time in nearly a decade.

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Virtual Reality Installations to Start Arriving at AMC Theaters Next Year

AMC Entertainment Holdings Inc. is the lead investor in a $20 million series B round for Dreamscape Immersive, a location-based virtual reality company backed by Steven Spielberg.

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Equifax CEO Richard Smith to Retire Following Massive Data Breach

Equifax Inc. said Chairman and Chief Executive Richard Smith is retiring, in the wake of a massive data breach that exposed the information of millions of Americans.

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Axovant Says Experimental Alzheimer's Drug Failed in Trials

Axovant Sciences said that its experimental Alzheimer’s drug failed to meet the goals of a pivotal trial.

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Meet the Man Behind the FDA's Nicotine Fix

Scott Gottlieb was once a critic of the FDA, arguing it should move faster. Now as its leader, he has seized on an idea that the agency had worked on for years: getting almost all the nicotine out of cigarettes.

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Facebook, NFL Strike Video Deal

The National Football League plans to put game highlights and recaps on Facebook, as the social network works to increase premium video content for its “Watch” platform.

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The GOP Tax Plan: Tough Choices With Limited Room to Maneuver

Republicans face a daunting challenge as their tax plan comes into sharper focus: They are trying to fit more than $5 trillion of cuts inside a $1.5 trillion box.

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Big Investors Want Directors to Stop Sitting On So Many Boards

Institutional investors, governance advisers and boards themselves are increasingly blocking directors from joining multiple boards, saying the practice spreads the executives too thin.

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Brazil Lets In Big Oil Firms a Decade After Keeping Them Out

The country’s oil auction this week seeks to expand its oil potential and revive its economy, but won’t generate what it could have made in 2007.

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Who Wins When CEOs Sit on Multiple Boards? Not Investors

Chief executives who sit on outside boards earn more money than those who don’t, but the companies they run return much less to shareholders, according to a recent analysis for The Wall Street Journal by research firm Equilar.

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Alibaba Takes Control of Cainiao, Pledges $15 Billion Logistics Investment

The Chinese internet giant has become the majority owner of its logistics affiliate, a move that could allay concerns over financial transparency that drew the attention of U.S. securities regulators last year.

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Hurricane Maria Damage Estimate: As Much as $85 Billion in Insured Losses

Hurricane Maria caused an estimated $40 billion to $85 billion in insured losses, mostly in Puerto Rico, catastrophe-modeling firm AIR Worldwide said.

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In India, a Big GE Deal Goes Off the Rails

General Electric Co. is in danger of losing one of its largest industrial contracts after a political shake-up in India, highlighting the risk of the conglomerate’s chase to win business in far-flung markets by investing heavily in local operations.

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Unilever's Most Expensive Deal in Years Is a Risk Worth Taking

Unilever’s purchase of Carver Korea is the company’s biggest acquisition in seven years and among its most expensive, but the Seoul-based skin-care company give the Anglo-Dutch giant the kind of exposure it needs.

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Nestlé Gives Loeb What He Wants: New Margin Targets, Faster Buybacks

Nestlé set a new profit-margin target and said it would accelerate previously announced share buybacks ahead of a much-awaited investor day that kicks off in London.

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More Company Boards Add Oversight of Political Spending

More large companies are disclosing how they spend to influence government, and company boards are taking on a more direct role in overseeing that spending, a new study finds.

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Amazon Hopes Alexa Will Offer Traction for Music App

Amazon Music listeners will now be able to ask Alexa to DJ on-the-go. Amazon.com said it would launch the personal assistant technology in its mobile music streaming apps on Tuesday.

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A Rare Joint Interview with Microsoft CEO Satya Nadella and Bill Gates

On the occasion of the publication of Nadella’s first book, out this fall, Nadella and his predecessor talk shop.

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SEC Enforcement Probe Led to Renewed Look at 2016 Hack

The Securities and Exchange Commission looked anew at a 2016 hack of its electronic corporate filing system as part of an enforcement investigation, its chairman said in testimony prepared for a Senate hearing on Tuesday.

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Atlas Air Worldwide Accuses Pilots' Union of Work Slowdown

Atlas Air Worldwide Holdings Inc. accused its unionized pilots of intentionally slowing down work, causing “widespread and significant” flight delays, in the latest labor dispute between a union and an air-cargo carrier.

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White House Unveils Coding Education Initiative

President Donald Trump unveiled an effort to boost computer science training in U.S. classrooms, a measure that won him a show of support from Silicon Valley and other business leaders after recent tensions between the White House and American corporations.

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Longtime SoFi Tech Executive to Step Down

Social Finance’s top technology executive, who is also the wife of former CEO Mike Cagney, plans to leave the firm.

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German CEOs Caution AfD Rise Could Harm Exports

German business leaders, as a rule largely silent on political issues, warned that the rise of a nationalist anti-immigration party could hurt the nation’s export-driven economy.

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Science Affliction: Are Companies Cursed by Cameos in Blade Runner?

The 1982 sci-fi movie classic is back with a splashy sequel, but Atari, Pan Am, RCA and other companies featured in the original later had a tough time in the real world. ‘Curses are meant to be broken.’

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Accounting Firm Deloitte Says It Suffered Cyberattack

Accounting firm Deloitte said Monday it had suffered a cyberattack in which a hacker accessed data affecting a “very few” of Deloitte’s clients.

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With Latest Nafta Proposals, U.S. Takes on Bigger Targets, Critics

The Trump administration plans to take aim at the areas of the North American Free Trade Agreement it finds most objectionable as negotiators for the U.S., Canada and Mexico gather in Ottawa, setting the stage for a contentious third round of talks.

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CEO Switch at Maker of Titleist Golf Balls

Acushnet Holdings Corp.’s chief executive is stepping down after spending more than 40 years working at the golf-equipment company, leaving his replacement to contend with slumping sales and a business model heavily reliant on growing the market for Titleist golf balls.

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Steven Mnuchin, a Newcomer, Tilts at Washington's Hardest Target: The Tax Code

The Treasury Secretary, spearheading what Republicans hope will be the first overhaul since 1986, brings to the job a close relationship with President Donald Trump. He is also facing intraparty divisions, his own relative inexperience and the challenges of working with an impulsive president.

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ECB Monitors Euro Exchange Rate as It Prepares to Reduce Stimulus

The European Central Bank is monitoring the euro exchange rate as it prepares to announce plans to scale down its large monetary stimulus “later this year,” ECB President Mario Draghi said.

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Study Says U.S. Economic Expansion Spread Unevenly

The U.S. economic expansion is lifting a handful of vibrant communities to new heights but also leaving broad tracts of the country stagnant or sinking, according to a new report.

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Target to Boost Minimum Wages in Battle for Workers

Target said it is raising its minimum wage to $11 an hour starting next month and to $15 an hour within three years, as the retailer competes to fill low-wage jobs in a tighter labor market.

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China Fines Social-Media Giants for Hosting Banned Content

Chinese internet regulators said they have hit operators of three of the country’s biggest social-media platforms with the maximum fine allowable under a new cybersecurity law for hosting fake news, pornography and other forms of banned content.

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Why GOP's Tax Plan Could Leave High-Wage Earners With Little to Gain

Republicans are eager to drive down business tax rates in a bid to boost economic growth. But their tax proposal to create a new special rate for business income potentially puts high-income wage earners at a disadvantage.

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BOE Raises Alarm Over Growth of Consumer Borrowing in U.K.

Bank of England officials on Monday reiterated warnings about the rapid growth of household borrowing in the U.K.

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Warding Off Decline, Hospitals Invest in Outpatient Clinics

As patients increasingly seek cheaper and more convenient care, some of the largest U.S. hospital operators are investing in surgery centers, emergency rooms and urgent care clinics.

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Challenge for Honeywell's New CEO: Keep Up the Winning Streak

Darius Adamczyk, who took the helm at Honeywell this year, is determined to extend the company’s winning streak while evaluating every facet of its sprawling business.

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China Eyeing Rule Change That Could Aid Tesla

Tesla finds itself the only notable auto maker without public plans to manufacture electric vehicles in the world’s biggest EV market, but that could change if Beijing allows foreign companies to build electric vehicles in free-trade zones without a Chinese partner.

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A Tax Cut for Cleaning? Italians Take Up Bartering in Stagnant Economy

Amid a long stretch of economic stagnation, some Italians are finding novel ways to cope, embracing corporate barter, alternative currencies and even deals to lower taxes by performing civic duties

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'Catch Me if You Can' Scam Artist Has a Warning for Today's Consumers

Frank Abagnale Jr., whose exploits inspired the Leonardo DiCaprio movie, says digital technology and social media only make things easier for swindlers now.

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Unilever to Buy Korean Skin-Care Firm for $2.7 Billion

Unilever has agreed to buy Carver Korea, a Seoul-based maker of toners and moisturizers, for $2.7 billion, the latest in a string of skin-care acquisitions as it pivots toward higher-growth sectors.

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GE Agrees to Sell Industrial Unit to ABB for $2.6 Billion

General Electric agreed to sell its industrial-solutions business to Switzerland’s ABB., a sign that GE’s new chief is moving ahead with efforts to streamline the industrial giant.

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Activist Funds Seek Ouster of Tuesday Morning CEO

Two investment funds are calling for new leadership at discounted housewares retailer Tuesday Morning Corp., the latest in a series of activist campaigns targeting chief executives.

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Brexit Uncertainty Has Firms Delaying U.K. Investment Decisions

Questions about split from the EU lead some companies to change or hold off on projects.

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'Kingsman' Sequel Rules Box Office; New Lego Movie Fails to Click

Two of Hollywood’s latest attempts at creating lucrative, sequel-spawning franchises hit theaters this weekend to mixed results.

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Leveraged Loans on Pace to Top Pre-Financial Crisis Levels

Lending to the most indebted companies in the U.S. and Europe is up, and investors worry what could happen if the global economic expansion fades.

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Uber Tries Compromise With London Regulators

Uber Technologies is examining concessions it could make to London to get its operating license back, while also preparing a legal appeal and rallying its users in the city to build support.

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Who Needs Gloomy Nursery Rhymes? New Versions Mend Humpty, Empower Miss Muffet

Updated nursery rhymes with positive messages spawn ChuChu TV’s media empire of viral videos.

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Real Wages Keep Powering Ahead, but Can the Trend Last?

You probably can’t tell from looking at your paycheck, but hourly wages in the U.S. are nearing historical highs. That is, if you take very low inflation into account.

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Should U.S. Companies Be Required to Report Breaches?

Companies like Equifax don’t like you knowing they’ve been hacked—but it would be better for consumers and businesses if they were quicker to report it.

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White Castle Brings Its Sliders to China

The mini-burger chain is betting on China’s curiosity for Western food, rising beef consumption and a trend toward smaller portions to succeed there.

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Mashable Tests Notion that 'Pivot to Video' Leads to Digital-Media Riches

The company, known for its mix of technology and pop-culture stories, is exploring selling itself to an investor and has had extensive discussions with a German TV broadcaster, people familiar with the matter said.

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China-Backed Firm Reaches Deal to Buy Apple Supplier

Canyon Bridge, whose planned acquisition of a U.S. semiconductor company was scuttled earlier this month, has reached a deal to buy chip designer Imagination Technologies for $742.2 million.

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German Manufacturers Play Defense Against Chinese Hackers

A wave of attacks by Chinese hackers on Germany’s cutting-edge manufacturers is raising alarm in Berlin and prompting the government to step in to defend the country’s competitive edge.

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Equifax FAQs: Answers to Questions of Potential Victims

Two weeks after Equifax disclosed a breach that possibly exposed the personal data of 143 million Americans, potential victims still have many questions.

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Showtime to Make Series From Bill Clinton-James Patterson Novel

Pay-TV channel Showtime has secured the rights to adapt “The President Is Missing,” an upcoming mystery novel co-written by former President Bill Clinton and best-selling author James Patterson, into a television series.

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Trade Decision Roils U.S. Solar Industry

Trade protection for U.S. solar panel makers could be a boon for the few domestic manufacturers left in the country, but a drag for the companies that install and sell solar systems to homeowners, businesses and utilities, which worry that it would lead to higher prices for consumers.

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GM to Eliminate Shift at Tennessee SUV Plant, Lay Off Hundreds

General Motors will lay of several hundred workers at a sport-utility plant in Tennessee, a sign that the slowdown in the broader car market is spreading to once-hot SUVs.

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Facebook Abandons Plans to Change Share Structure, Avoiding Lawsuit

Facebook on Friday abruptly abandoned its plan to change the company’s stock structure, heading off an impending public trial as the social-media giant grapples with other controversies.

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Investors Wonder What's Next for L'Oréal and Nestlé After Bettencourt Death

The death of Liliane Bettencourt has placed a question mark over the decadeslong ties between L’Oréal and Nestlé, two of the world’s largest consumer-goods companies.

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Publisher of Elvis Presley, Ella Fitzgerald Sold for $245 Million

Music-focused private-equity firm Round Hill Music Royalty Partners agreed to buy Carlin Music, one of the largest remaining independent music publishers, according to people familiar with the matter.

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Kroger Pitches to Niche Food Product Brands

Kroger Co. is launching a website allowing local suppliers to pitch niche products directly to buyers at the grocer’s 2,800 stores, a response to rival Whole Foods Market’s moves to be more conventional.

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L'Oréal Heiress Liliane Bettencourt Found a Friend and Split Family

Liliane Bettencourt, ranked as the world’s richest woman with a fortune estimated by Forbes at $45 billion, died Sept. 20 at her home in the Parisian suburb of Neuilly-sur-Seine. She was 94.

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Siemens, Alstom in Talks to Merge Rail Transportation Businesses

German industrial giant Siemens and French train-maker Alstom are in talks to create a European rail transportation powerhouse to better rival strong competition from China.

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U.S. Commission Backs Import Protection for Solar-Panel Industry

In a 4-0 vote, the International Trade Commission approved a request from U.S. solar-panel makers to receive protection from imports, handing the Trump administration fresh ammunition in its quest to ramp up trade enforcement polices.

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Equifax Hack Upends CEO's Drive to Be Data Powerhouse

Richard Smith took over as chief executive of Equifax 12 years ago this week. Under him, Equifax’s market value more than quadrupled as the credit-reporting company became a data giant—before a systems breach raised questions about the company and its leader.

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The Challenges to Germany's Economy---in 11 Charts

After a strong recovery under Merkel, the economy is vulnerable to changes sweeping the world.

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Want to Be a Fed Governor? Better Pretend to Be From Somewhere Else

Congressman “Alfalfa Bill” in 1913 tried to make sure Wall Street wouldn’t dominate the Federal Reserve Board, which is why nominee Randal Quarles of Utah insists he’s from Colorado.

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What We Know About Financial Bubbles

Here’s a surprising idea: Bubbles aren’t necessarily bad things

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Fed Could Raise Rates Again This Year, Says Williams

Federal Reserve Bank of San Francisco President John Williams said he expects the Fed to continue raising interest rates gradually, and that this could include another increase by the end of this year.

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BIS Says Globalization Is Answer to Inflation Puzzle

Globalization is the most likely explanation for surprisingly low rates of inflation, suggesting that central banks should be patient in seeking to meet their targets and avoid providing too much stimulus, according to the Bank for International Settlements.

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Why Slow iPhone 8 Sales May Be Good for Apple

When new iPhones hit the market, they usually fly off the shelves. But with the two models that began selling Friday, there are signs demand is tepid—and some analysts say that could be a good thing for Apple Inc.

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'Resort' Fees Are No Longer Only for Resorts

Nightly add-on charges are increasingly cropping up at hotels in big cities and even less-glitzy locales including Spokane, Wash., and Rapid City, S.D., a trend that has drawn the attention of dozens of attorneys general.

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Alibaba and Tencent Set Fast Pace in Mobile-Payments Race

China’s online juggernauts Alibaba Group Holding Ltd. and Tencent Holdings Ltd. are beating Silicon Valley in the race to build mobile-money systems in some of the world’s fastest-growing consumer markets.

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OPEC's 'Problem Children' Are Holding Down Oil Prices

Rising output in strife-torn Libya and Nigeria is threatening the cartel’s bid to cut off oil supplies and balance the market.

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London Won't Reissue Uber's License

The U.K. capital’s top transport authority said it won’t re-issue a private-car hire license to Uber Technologies, saying it found the company unfit to hold such a permit.

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Telia to Pay Nearly $1 Billion to Settle Uzbek Bribery Claims

Swedish telecoms firm Telia Company AB agreed to pay nearly $1 billion to U.S. and Dutch authorities to settle allegations that the company and a subsidiary paid about $331 million in bribes in Uzbekistan.

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Vice Media's Video Employees Unionize

Organized labor has announced a significant victory in its push into digital media with the completion of a drive to unionize hundreds of writers, production staff and on-air talent at Vice Media.

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Hewlett Packard Enterprise to Cut 10% of Workforce

Hewlett Packard Enterprise Co. plans to cut its workforce by 10%, according to a person familiar with the plans, the latest cost cuts as the business-technology giant combats increasing competition and higher component prices.

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Hack Response Opens SEC to Criticism

The SEC provided few details about a 2016 cyberattack on its Edgar database, an awkward twist for an agency that has pushed companies to educate investors on cyberrisks and swiftly disclose breaches to the public.

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General Motors to Lay Off Over 250 Workers at Ontario Plant

General Motors Co. is laying more than 250 workers from an engine factory in Canada and trimming production at two U.S. facilities, fallout from a strike at a vehicle-assembly plant that is jeopardizing the supply of GM’s top-selling sport-utility vehicle.

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Google and Its Partners Will Issue Refunds to Advertisers Over Fake Traffic

Alphabet Inc.’s Google confirmed it will issue refunds for ads bought through its systems that ran on websites with fake traffic and said a handful of its partners have agreed to do the same.

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Trump Expands U.S. Authority to Sanction North Korea

President Donald Trump signed an executive order he said will expand U.S. authority to target individuals, companies and financial institutions involved in business with Pyongyang.

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Facebook Says It Will Hand Over Russia-Backed Ads to Congress

Facebook, under fire for its response to Russian activity in the U.S. presidential election, said it would take steps to increase political transparency on its site and has agreed to hand over detailed information on thousands of Russian-backed ads to congressional investigators.

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Equifax CEO to Testify at Senate Hearing on Data Breach

Equifax Chief Executive Richard Smith will testify in front of U.S. senators next month about the company’s handling of a data breach that compromised the personal information of millions of Americans.

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Silly Rabbit! Original Trix With Artificial Colors Is Back After Customers Revolt

Using radishes and turmeric instead of Red 40 and Yellow 6 didn’t work for children and adults alike

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Scana Is Subpoenaed Over Abandoned Nuclear Project

Utility holding company Scana said it has received a federal subpoena to turn over documents related to its cancelled South Carolina nuclear plant.

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Fed Says Total U.S. Household Net Worth Rose

The total net worth of U.S. households pushed further into record territory, climbing by $1.7 trillion in the second quarter of 2017, to $96.2 trillion.

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How Grocery Giant Aldi Plans to Conquer America: Limit Choice

Born in the ashes of WWII, the secretive German supermarket chain Aldi offers shoppers limited choices and rock-bottom prices—a formula expected to roil an American grocery market already undergoing dramatic change.

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White House Approved Mnuchin's Use of Government Aircraft

The White House signed off on the use of a government jet to take Treasury Secretary Steven Mnuchin and his wife to an event last month in Louisville, Ky., prompting a review by the agency’s watchdog.

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Lower U.S. Oil Prices Are a Shot in the Arm for Crude Exports

U.S. oil is trading at the biggest discount to the global price in two years, helping extend a boom in crude exports from American shale fields to refiners in Europe and Asia.

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Makers of Fuel-Guzzling Big Rigs Try to Go Green

The average tractor-trailer travels less than 7 miles on a gallon of diesel, making it one of the least-efficient vehicles on the road. Spurred by pollution regulations and sluggish demand, truck makers are trying to change that.

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A Lesson for Tech Giants: With Great Power Comes Great Responsibility

China’s internet companies touch more aspects of people’s lives than any other sector. But they’re ill-prepared for the expectations of social responsibility that come with their influence and power, say industry experts and social activists.

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BOJ's Angry Young Man Dissents at Debut Meeting

Goushi Kataoka was the talk of Japan’s markets Thursday after a surprise rebellion at his first Bank of Japan policy meeting, when he cast the sole vote against the board’s decision to sit back and do nothing.

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KB Home Cuts CEO's Bonus After His Rant at Kathy Griffin

KB Home says it will cut its chief executive’s annual bonus by 25% after a recording surfaced this week purportedly of the CEO berating neighbor Kathy Griffin in an expletive-laced tirade with sexist and antigay language.

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U.S. Jobless Claims Fell Despite Recent Hurricanes

The number of Americans applying for new unemployment benefits fell last week, countering forecasts for nationwide claims to rise following Hurricanes Harvey and Irma.

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HuffPost Hits the Road to Promote a New, Anti-Elitist Mission

The editor of the website formerly known as the Huffington Post, which has faced stagnant reader traffic, is trying to promote a redefined mission with a “Listen to America” bus tour.

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Amazon Puts Whole Foods on Fast Track to Conventional Supermarket

Whole Foods will change the way companies can sell and market their products beginning next year, banning ‘brand advocates’ from stores and pushing sellers to pitch to the grocer’s Austin, Texas headquarters.

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U.N. Aviation Arm Seeks to Establish Global Drone Guidelines

Prompted by the proliferation of drones, international aviation authorities on Friday will kick off a first-of-its-kind symposium soliciting industry ideas about potential global operating standards.

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CVS Health Moves to Limit Access to Opioid Painkillers

One of the largest managers of pharmaceutical benefits in the U.S. says it will start limiting the duration and dose of some prescriptions for opioid painkillers, in an effort to combat widespread addiction.

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EU Preps Tax Crackdown on Silicon Valley

The European Union said it is ready to propose new tax taxes on companies like Facebook and Google by next spring if there isn’t “adequate global progress” toward a rewrite of corporate tax rules at an international level.

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Lawmakers Have a Model for Political Ads on Facebook: Broadcasters

The company is suddenly in the crosshairs of lawmakers pushing to crack down on exemptions that allow social-media companies to operate beyond the norms of political campaigns.

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Daimler to Invest $1 Billion in Alabama Plant

Daimler AG plans to invest $1 billion in its Alabama manufacturing operations and start production of a fully electric sport-utility vehicle, a move that comes as the German auto maker expands its U.S. footprint and global electrification drive.

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What Google Wants With HTC's Smartphone Business

Google’s $1.1 billion deal with HTC carries risks, but the internet giant needs more scale if it is to maintain its influence in the smartphone business.

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Some Toys 'R' Us Debt Takes Hit From Bankruptcy Filing

Toys “R” Us Inc.’s bankruptcy filing has sparked a rout in some of the company’s debt, as investors grapple with the fallout from the unexpected move.

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Have Bitcoin, Can't Travel: Crackdown Grounds Cryptocurrency Executives

China’s escalating war on bitcoin trading resulted in a travel ban of sorts for two executives from the country’s largest commercial exchanges.

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Facebook to Curtail Ads Targeting Users Interested in Anti-Semitic Topics

Facebook is adding more human reviewers to oversee its advertising system after a report showed that people could target ads at users interested in anti-Semitic and other hateful topics.

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Albertsons to Buy Meal-Kit Company Plated

Albertsons Cos. is buying the Plated meal-kit service, the first acquisition of a prepared-meals company by a national grocery chain as supermarkets scramble to keep shoppers coming to their stores.

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Google Is Set to Buy Part of Taiwanese Phone Maker HTC

Alphabet Inc.’s Google is set to buy part of struggling Taiwanese smartphone maker HTC Corp., according to people familiar with the situation, part of the search giant’s latest effort to crack the handset market.

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Apple Acknowledges Cellular Connectivity Problem in New Watch

Apple Inc. acknowledged problems with cellular connectivity in its newest smartwatch, raising questions about the device’s most significant feature days before it goes on sale in stores in the U.S. and other countries.

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For Holiday Hires, It's Already Beginning to Look a Lot Like Christmas

With low unemployment and an expected increase in e-commerce orders, retailers and logistics companies are starting early and going the extra mile to attract seasonal employees.

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European Earnings Sapped by Strong Euro

The strong euro is taking a bite out of European earnings, with the region’s companies bracing for more pain in the coming months and searching for ways to protect their bottom line.

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Music Industry Recovery Continues, Powered by a Surge in Subscriptions

Revenue from recorded music accelerated in the first half of 2017 in the U.S. as more consumers shelled out for subscription streaming services.

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Fiat Chrysler Recalls Nearly 50,000 Minivans

Fiat Chrysler Automobiles issued a recall to fix defective seat belts in about 50,000 Chrysler Pacifica vehicles.

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Fed Keeps December Rate Rise on the Table, Eyes Slower Path for Increases

The Federal Reserve announced it would initiate in October its long-telegraphed plan to shrink the portfolio of bonds acquired after the 2008 crisis and kept alive the possibility of raising rates by December.

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GE to Shut Down Corporate Jet Fleet

General Electric is grounding its corporate fleet of jets as new CEO John Flannery continues to look for ways to slash costs at the industrial giant.

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Why Amazon Needs Some Cities More Than They Need Amazon

Mayors should think twice before writing a big check to bid for Amazon.com’s second headquarters, because the playing field between cities and companies has changed, Greg Ip writes.

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U.S. Existing-Home Sales Fall

Sales of previously owned homes fell in August to the lowest level in a year, reflecting a shortage of homes on the market and a slowdown in the Houston area because of Hurricane Harvey.

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Pfizer Files Lawsuit Alleging J&J Thwarted Use of Biosimilar Rival to Remicade

Pfizer Inc. filed suit against Johnson & Johnson alleging it has thwarted biosimilar competition to its arthritis drug Remicade by effectively preventing health insurers, hospitals and clinics from offering Pfizer’s lower-priced copy.

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Latest Push for a Health-Law Repeal Picks Up Speed

A last-chance push by Republicans to scrap the Affordable Care Act is gaining momentum but still faces formidable odds because some key moderate GOP senators are wavering in their support just days before a possible vote.

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States Need $645 Billion to Pay Full Health-Care Costs

New accounting guidelines that urge local governments to record their total health care costs show they need more money to pay for it.

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Falling Yogurt Sales Drag General Mills' Earnings

General Mills said its revenue declined for the ninth straight quarter, as sales of Yoplait yogurt and cereal brands continued to sink.

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Dubai Malls Mix Shopping and Entertainment

As the West grapples with a decline in brick-and-mortar retail, Dubai’s mega malls are becoming entertainment destinations to attract customers.

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Apple Watch Series 3 Review: Untethered… and Unreliable

Apple Inc. unshackles the Apple Watch Series 3 from your iPhone by giving it its own cellular connection—but the device still isn’t a fully stand-alone wrist computer.

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Bed Bath & Beyond Shares Fall After Missing Profit Estimates

Shares of Bed Bath & Beyond fell 13% to $23.62 after hours Tuesday after the home goods retailer slashed its full year outlook and widely missed earnings and sales expectations in its second quarter.

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Toshiba Decides on Bain-Apple Group in Chip-Business Sale

Toshiba decided to sell its chip business to a Bain Capital-led group—which includes Apple and Dell Technologies—for more than $18 billion, although there is still opposition to the deal.

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Maersk to Sell Tankers Business for $1.17 Billion

A.P. Moeller-Maersk said it would sell it tankers unit to its controlling shareholder for $1.17 billion, the latest move by the Danish conglomerate to break up its sprawling operations.

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Volvo Now Plans to Invest $1 Billion in Its First U.S. Plant

Swedish auto maker Volvo is doubling its investment in its first U.S. plant to a total of $1 billion, a bet that its nascent comeback in the U.S. market has staying power.

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Touch Screens in Cockpits Would Improve Airliner Safety, Research Shows

Cockpits featuring touch-screen controls, historically considered unreliable in severe turbulence, offer some of the most promising safety enhancements for future airliners, according to new European research.

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Thyssenkrupp, Tata Seal Long-Awaited European Steel Deal

Thyssenkrupp of Germany and Tata Steel of India agreed to combine their European steel activities in a move that would create the region’s second-largest steel producer.

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States Push Ahead With Investigation Into Opioid Painkillers

A bipartisan group of states investigating the opioid painkiller industry and the causes of widespread addiction have demanded fresh documents from drugmakers and distributors.

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Heavy Debt Crushed Owners of Toys "R" Us

Competition may have brought down Toys “R” Us. But the debt that three Wall Street firms took on to acquire the company—and the way the ownership group was constructed—left them without a fighting chance.

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FedEx Takes Earnings Hit Following Cyberattack

FedEx said a cyberattack earlier this year dented earnings in its first quarter by roughly a third, prompting the package delivery giant to cut its profit forecast for the rest of the fiscal year.

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Ford Trims Production at Five Plants as U.S. Sales Slow

Ford Motor Co. said it would temporarily idle production lines at five North American plants, including three in the U.S., the latest in a series of moves by U.S. auto makers to cope with slowing vehicle sales and rising industry capacity.

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Fox News Files Motion to Dismiss Suit Over Discredited Article on DNC Staffer

Fox News and its parent company have filed a motion to dismiss a defamation lawsuit from a contributor who claimed he was misquoted in an article about the murder of a Democratic National Committee employee.

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iOS 11 Is Here... Try These Hidden Tricks for Your iPhone

You don’t need a fancy new iPhone to benefit from many of the latest OS tricks.

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Massachusetts Hits Equifax With Suit Over Hack

The Massachusetts attorney general filed a lawsuit against Equifax on Tuesday over the company’s failure to protect consumers’ personal information, the first official enforcement action brought against the hacked credit-reporting company.

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Cost of Employer-Provided Health Insurance Rises Toward $19,000 a Year

The average cost of health coverage offered by employers pushed toward $19,000 for a family plan this year, while the share of firms providing insurance to workers continued to edge lower, according to a major survey.

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Fiat Chrysler Recalls Nearly a Half-Million Trucks on Fire Risk

Fiat Chrysler issued a recall for nearly a half-million Ram pickup and work trucks to fix faulty pumps that could cause overheating and engine fires.

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Senate Republicans Reach Tentative Deal on Budget

Senate Republicans have reached a tentative budget deal that would set the parameters for a tax overhaul sought by the party and President Donald Trump.

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Toys 'R' Us Bankruptcy Poses Challenge for Toy Makers

The bankruptcy filing of Toys ‘R’ Us ends weeks of uncertainty for the toy industry while creating a new challenge for toy makers just ahead of the busy holiday season.

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Post Holdings to Buy Bob Evans Packaged Food Business

Post Holdings agreed to acquire Bob Evans Farms in a cash deal valued at $1.5 billion, the latest in a series of acquisitions by the cereal maker.

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U.S. Housing Starts Fell, Permits Rose in August

U.S. housing starts slipped again in August, but building permits rebounded.

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NBC News Chief Presides Over Ratings Gains, Uneasy Talent

Andy Lack has checked a lot off his to-do list since returning as chairman of NBC News and MSNBC just over two years ago. Despite upbeat trends in ratings, reviews of his stewardship are mixed.

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After-Hours Company Visit Spurs Espionage Charges

A man's after-hours visit to a medical-technology startup near Boston marks the latest economic-espionage case alleging attempted theft of trade secrets from U.S. companies.

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The North Sea Is Suddenly, Surprisingly, an Oil Hot Spot

For over a decade, the North Sea’s once-booming oil sector was mired in decline. Against the odds, it has emerged as an unlikely bright spot in today’s stormy global energy industry.

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Nintendo Deal With Tencent Paves Way for China Push

Nintendo has had relatively limited business in China. Now a deal with Tencent has investors excited at the prospect that Nintendo’s Switch console and smartphone games could take off in one of the world’s biggest game markets.

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Something New in the Boardroom: A Buddy System

More boards are pairing new members with seasoned mentors as they scramble to improve their oversight of management. Board buddies can help newcomers figure out the boardroom’s cultural norms, power brokers—and even the right place to sit.

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Walgreens Finally Gains Approval for Rite Aid Deal

Walgreens Boots Alliance Inc. received regulatory approval for its deal to buy thousands of stores from Rite Aid Corp., but only after the number of stores to be purchased was again trimmed to allay antitrust concerns.

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The iPhone 8 Isn't the Upgrade You're Looking for

The best thing about the iPhone 8 is that it is entirely avoidable. If you need to have the latest and greatest, wait for the iPhone X. And if you don’t, you can save a chunk of cheese by buying a nearly-as-good iPhone 7.

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Key Traits for Best Team Leaders

Managers of the best-performing teams, research has found, help members understand their roles and clearly designate the person who has the final say.

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Venture-Capital Group Sues Trump Administration Over Immigration Rule

A group representing U.S. venture-capital investors is leading a lawsuit against the Trump administration, claiming it took illegal steps to prevent an immigration policy that would have helped foreign-born founders stay in the U.S. to build startups.

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Senate Republicans Consider a Trillion-Dollar-Plus Tax Cut for Budget

Senate Republicans are considering writing a budget that would allow for up to $1.5 trillion in tax cuts over the next decade, said people familiar with the discussions.

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Clariant, Huntsman's $14 Billion Merger Faces Tough Opposition

A group of U.S. activist investors threatened to vote against the proposed merger between Clariant and U.S.-based Huntsman, jeopardizing a deal that would create a $14 billion chemicals giant.

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Fox News, Host Hit With Allegation

Scottie Neil Hughes, a former on-air guest on the Fox News Channel and Fox Business Network, alleged in a lawsuit that she was blacklisted by the network and defamed after accusing an anchor of rape and assault.

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Toys 'R' Us, Once a Category Killer, Is Forced Into Bankruptcy

Toys ‘R’ Us Inc., for decades the go-to spot for birthday and holiday gifts, filed for bankruptcy protection late Monday night, undone by a hefty debt load and the rapid shift to online shopping.

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Equifax Discloses Earlier Cybersecurity Incident

Equifax hired cybersecurity experts to deal with an incident on its corporate networks in March, two months before the start of the hack that it has said led to the potential compromise of personal data belonging to 143 million U.S. consumers.

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Uber Sues Mobile Agency Alleging Ad Fraud

Uber has filed a lawsuit against Fetch Media, alleging the agency misrepresented the effectiveness of its mobile ads, failed to prevent ad fraud and didn’t return rebates.

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Equifax Work for Government Shows Company's Broad Reach

Equifax, the credit-reporting firm that suffered a massive breach of consumer data, also supplies identity verification services to the U.S. Social Security Administration and works with the federal Centers for Medicare and Medicaid Services, highlighting how deeply rooted it is in the financial life of the U.S.

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Wisconsin Gov. Walker Signs $3 Billion Foxconn Incentive Deal

Wisconsin Gov. Scott Walker signed a bill that would give Taiwan’s Foxconn Technology Group $3 billion in economic incentives to open a mega-plant in the state.

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As Fed Sets to Unwind, How Far Should It Go?

The Federal Reserve is set to announce it will start passively shrinking its massive portfolio of bondholdings. But the central bank has left one piece of its plan undecided: the target size of the portfolio.

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Trump's Trade Czar Calls China a Major Threat to Trade

President Donald Trump’s trade chief said China represents an “unprecedented” threat to the world trading system, saying its state-driven economy poses a “substantially more difficult” challenge than in the past.

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Roku Expects IPO to Raise More Than $200 Million

Roku Inc. said it expects to raise more than $200 million in its initial public offering, as the maker of streaming-media devices set a price range that would value the company between $1.1 billion and $1.3 billion.

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A Better Way to Teach Cybersecurity to Workers

Companies are training employees with carrots, not sticks.

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Northrop Grumman Looks to Get Foothold in Miliary Space Race

Northrop Grumman plans to acquire Orbital ATK for around $7.8 billion in a bid to position itself for the new military battleground: space

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Brazil's JBS Shares Fall After Jose Batista Sobrinho Named as CEO

Shares in JBS, the world’s largest meatpacker, fell early Monday after the Brazilian company picked its elderly founder José Batista Sobrinho to replace his jailed son as chief executive.

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Teva Sells Slate of Women's Health Products

Teva Pharmaceutical Industries Ltd. will sell the remaining assets in its specialty global women’s health business for $1.38 billion, the company’s latest move to grapple with high debt.

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Slack Closes $250 Million Funding Round Led by SoftBank's Vision Fund

Slack said it closed a $250 million funding round led by SoftBank’s Vision Fund, making it the latest tech startup to catch the eye of the world’s largest technology fund.

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The Fed, a Decade After the Crisis, Is About to Embark on the Great Unwinding

After a historic buildup of its bond portfolio to support the collapsing U.S. economy, the central bank plans to shrink its holdings. Financial markets are taking this prospect in stride so far, but this is uncharted territory.

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Cisco Chairman Chambers to Step Down, Ending an Era

Cisco Systems Executive Chairman John Chambers, who oversaw the company for more than 20 years, won’t stand for re-election later this year, the technology giant said.

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Google Offers to Auction off Shopping Ad Spaces to Rivals

Google has proposed allowing rivals to bid for space to display products for sale, as part of its efforts to comply with a European Union’s antitrust order, according to people familiar with the matter.

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Ingredion Names James Zallie Next CEO

Ingredion Inc. said industry veteran James Zallie will become chief executive officer effective Jan. 1, replacing the retiring Ilene Gordon.

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Dollar Tree Promotes Longtime Executive to CEO

Dollar Tree’s top ranks are changing as its former leader becomes its executive chairman and a longtime employee takes over as chief executive.

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Biting Back on Bitcoin, Central Banks Chew Over Introducing Cryptocurrencies

Central banks should consider introducing their own cryptocurrencies to counter the risks from the explosive growth in bitcoin and other virtual currencies, the Bank for International Settlements said in a new report.

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Litigation Funder Longford Raises $500 Million as Industry Surges

Longford Capital Management said its fund attracted enough interest from investors to raise $1 billion, but the litigation funder decided to cap the fund at half that.

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New Way to Track Auto Innovation: Patent Filings

Car makers feeling heat from Silicon Valley on autonomous-car technology have sharply boosted their U.S. patent filings. Among their innovations: removable steering wheels and a drone to locate robot-taxi passengers.

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Companies Look to an Old Technology to Protect Against New Threats

Companies are once again storing data on tape, just in case.

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FedEx Earnings: What to Watch

FedEx Corp. is scheduled to report its fiscal first-quarter results after Tuesday’s market close. Here’s what you need to know.

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Northrop Grumman to Buy Orbital ATK for $7.8 Billion

Northrop Grumman said it agreed to buy Orbital ATK for $7.8 billion, as acquisition activity in the aerospace industry ramps up.

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Google Launches Tez Mobile-Payments App for India

The smartphone app lets users transfer money to individuals and businesses in India without the use of a credit or a debit card.

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China Scrambles to Catch Up With Runaway Boom in Fintech Investment

Regulators in Beijing are ratcheting up pressure on the financial sector to slow the spread of investment products targeting small investors, aiming to curb risk from a new wave of technology-driven finance.

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M.B.A. Applications Decline for Third Year in a Row

Applications to full-time M.B.A. programs in the U.S. fell for a third straight year, the latest signal that business schools are struggling to entice young professionals out of a strengthening job market.

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Sorry, You Are Probably Not Getting a Raise Next Year

Businesses plan to keep budgets for raises relatively flat in 2018, while devoting more dollars to performance-based pay, a new survey says.

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Snapchat Removes Al Jazeera Channel in Saudi Arabia

Snap Inc. said it received a request from the Saudi Arabian government to block access to Al Jazeera news articles and videos on its Snapchat social-media app to residents in the country.

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FAA Panel Recommends More Deregulation

A federal advisory committee has delivered sweeping deregulation proposals on airplane safety to the Federal Aviation Authority.

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Lachlan Murdoch Loses Challenge to CBS's Bid for Ten Network

Australian television entrepreneur Bruce Gordon and Lachlan Murdoch, the son of media mogul Rupert Murdoch, have lost a legal bid to thwart the takeover of insolvent Ten Network Holdings Ltd. by U.S. broadcasting giant CBS Corp.

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Global Economy Week Ahead: Fed and Bank of Japan Meetings, Eurozone PMI

Central banks will be in the spotlight this week, with the Federal Reserve and Bank of Japan releasing policy statements, while the U.S. also will see existing-home sales data and jobless claims that could reflect hurricane damage.

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An Unexpected Security Problem in the Cloud

Misconfigured software and services are leading to accidental exposures of company data.

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'We've Been Breached': Inside the Equifax Hack

The crisis has sent shock waves through the industry, spooked consumers and sparked investigations. A focus for inquiry is a software glitch that appears to be how the intruders got into the company’s systems.

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Northrop Grumman Nears Deal to Buy Orbital ATK

Northrop Grumman is nearing a purchase of Orbital ATK, a deal that could be worth upward of $7.5 billion, according to people familiar with the matter.

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Online Insurer ZhongAn Plans IPO That Could Set Its Value at $10 Billion

China’s first online-only insurer said it plans to raise up to $1.5 billion in an initial public offering that could value the company at around $10 billion.

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Qatar to Buy 24 Fighter Jets From Britain

The Qatari and British governments have signed an agreement for the potential sale of 24 Eurofighter Typhoon combat jets worth several billion dollars in another move by Doha to bolster its military amid a spat with four of its Arab neighbors.

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How Apple's Pricey New iPhone X Tests Economic Theory

Expensive new phones from Apple and Samsung are testing a cranky Norwegian-born economist’s theory that certain products could defy the economic laws of gravity by stoking more demand with super-high prices.

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Drone Makers, Operators Clamor for Regulation

Despite White House directives rolling back regulations affecting most industries, drone proponents are clamoring for more federal rules as the way to open up the skies for unmanned aircraft.

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Kraft Heinz Management Shake-up Illustrates 3G's Strategy

Appoint young executives, groom them to your liking—and save some money while you’re at it. That seems to be Brazilian private-equity firm 3G Capital Partners LP’s playbook for the companies it controls.

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Hurricanes Stir Up Profits for Refiners

The one-two punch of Harvey and Irma knocked out millions of barrels a day of fuel production, rapidly driving up gasoline prices. Higher fuel prices and relatively low oil costs will give most refiners’ margins a boost.

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Trump's Deal Rejection Puts U.S. Policy on Chinese Investment in Focus

Trump’s rejection of a Beijing-backed fund’s attempt to acquire a U.S. semiconductor company was for many in Washington an easy call, but the decision did little to settle a growing debate over how the U.S. should approach deals that are less clear cut.

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Why There Are Never Enough New iPhones

Delays in delivery of hot gadgets from big tech firms are so common, you would almost think they are deliberate—and sometimes they are.

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GM Faces Strike Deadline in Canada

Workers at a General Motors Co. sport-utility plant in Canada are threatening to strike unless a new labor deal is reached by Sunday night, jeopardizing the supply of GM’s top-selling SUV model.

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Fosun Revives $1.1 Billion Deal for India's Gland Pharma

A unit of China’s Fosun Group has agreed to acquire 74% of Indian drug company Gland Pharma Ltd. for $1.1 billion, resurrecting a deal that was previously blocked by the Indian government.

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Family Business: Pakistan Vote Is Vital to Sharif Dynasty's Future

Former Pakistani Prime Minister Nawaz Sharif is counting on his wife to overwhelmingly win the parliamentary seat from which he was ousted, in a Sunday vote considered a test of his dynasty’s appeal ahead of national elections.

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U.K.'s May Drawn Into Spat Between Boeing and Bombardier

A Boeing trade complaint against Bombardier has triggered a trans-Atlantic row.

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Ticketmaster Tries to Weed Out Scalpers and a New Market Is Born

A new system that aims to give ‘real’ fans first dibs on concert tickets is under threat from professional resellers who are offering as much as $1,000 for the special codes that grant early access to seats.

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Facebook Gave Mueller More Details on Russian Ad Buys Than Congress

Facebook has handed over to special counsel Robert Mueller detailed records about the Russian ad purchases on its platform that go beyond what it shared with Congress, according to people familiar with the matter.

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Toys 'R' Us Preparing for Potential Bankruptcy Filing Before Holidays

Toys ‘R’ Us could file for bankruptcy as soon as the next few weeks, as nervous suppliers have tightened terms for the retailer ahead of the crucial holiday selling season, according to people familiar with the matter.

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Federal Jury Rules Against Transamerica in Battle Over Rates

A federal jury found in favor of policyholders in a closely watched case that challenged the leeway life insurers have when raising rates on old policies.

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Film Producer Settles Claims in 1MDB-Related Case

Red Granite Pictures Inc., which produced “The Wolf of Wall Street” and other films, settled claims on future income from movie rights and other assets the U.S. government sought to seize in connection with the Malaysian corruption scandal.

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Two Top Equifax Executives to Retire

Equifax, grappling with the fallout from its massive data breach, announced the retirement of its chief information officer and chief security officer.

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Trump Wants an Apology as Debate Grows Over Bias at ESPN

President Donald Trump on Friday demanded an apology from ESPN over a commentator’s tweet calling him a white supremacist, and said the sports behemoth’s business is suffering because of its political leanings.

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Sears Canada Draws Private-Equity Interest

Sears Canada Inc.’s top executive is negotiating a private-equity-backed deal for a slimmed-down version of the insolvent retailer, according to people familiar with the matter.

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Social Media Startup Gab Sues Google Over Removal From Play App Store

Gab AI Inc., a social media startup popular with far-right activists, is suing Google over its removal from the Google Play app store.

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Anthem Reverses Decision to Pull Out of ACA Exchange in Virginia

Anthem agreed to offer Affordable Care Act exchange plans in much of Virginia next year, reversing an earlier decision to withdraw and ensuring that the state won’t have any regions lacking marketplace coverage.

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Voters Diverge on Who's Winning in Today's Economy

People who voted for Hillary Clinton last year tend to believe the economy is working well for whites and for men, a Wall Street Journal/NBC News poll finds, while Donald Trump voters think women and people in metropolitan areas are among the biggest winners.

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Eurozone Wage Growth Hits Two-Year High

Eurozone wages rose at the fastest pace in more than two years during the three months to June, a sign inflation may be set to rise to the European Central Bank’s target.

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Trump Trade Official Proposes Nafta 'Sunset Clause'

A top Trump trade official said he wants to inject a “sunset clause” into Nafta, resurfacing one of the administration’s most provocative trade ideas and drawing a swift rebuke from Mexican and Canadian officials.

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U.S. Industrial Production Fell in August

U.S. industrial output fell in August, an early sign of economic disruptions due to a severe hurricane season. Industrial production decreased a seasonally adjusted 0.9% in August from the prior month.

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Trump Names Richard Burkhauser as Final Member of Council of Economic Advisers

President Donald Trump named Richard Burkhauser, an economist who is professor emeritus of policy analysis at Cornell University, as the final member of his Council of Economic Advisers.

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Canada Household Debt Hits Another Record

Household debt in Canada rose to another record in the second quarter, as consumers drew down on credit lines or took out loans to buy durable goods such as cars and appliances.

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'Angry Birds' Maker Rovio Sets Pricing for $1 Billion IPO

Rovio Entertainment, the company behind the “Angry Birds” mobile gaming franchise, confirmed the pricing for its initial public offering, which will value the company at about $1 billion.

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Tech Industry Finds Washington Isn't So Hands-Off Anymore

New scrutiny by Congress of Facebook Inc. over its acceptance of Russian ad buys is just the latest in a string of political challenges facing technology firms, which long enjoyed a hands-off approach from Washington.

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Is This Hotel an Airbnb Killer?

Public Hotel, the latest project from storied hotelier Ian Schrager, with five bars but no front desk, gives young travelers what they want—an affordable, exciting place to stay.

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For Amazon, Can Two Headquarters Still Equal One Culture?

In planning Amazon’s second headquarters, CEO Jeff Bezos faces a new challenge: how to maintain the online retail giant’s carefully cultivated culture when he can’t be in two places at once.

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U.S. Retail Sales Fell in August

Spending at U.S. retailers fell in August with consumers buying fewer goods at home-improvement stores, car dealerships and online.

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Made You Click: How Facebook Fed You Political Ads for Less Than a Penny

Political ads on Facebook Inc. got into your news feed at a cost of less than a penny each—highlighting the outsize reach contentious paid content can have on the social-networking site.

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Helping Employees Recover from Harvey and Irma? You Can Also Save Taxes

A wide range of tax-favored options is available to companies who want to assist workers recovering after disasters, even something as simple as cutting a check to help with expenses.

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Construction Billionaire Seeks to Build Enduring Legacy

Dennis Washington assembled a sprawling industrial empire based largely on instinct. The 83-year-old billionaire is now grappling with how to make sure the empire with $2 billion in revenue endures after him.

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House, Senate Tax Proposals Likely to Diverge

The tax-writing committees in the House and the Senate are eager to make their own marks on the U.S. tax system, the chairmen of those panels said.

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California Firm Is Accused of Illegally Importing Aluminum From China

The U.S. Justice Department is alleging that a California company evaded $1.5 billion in tariffs by conducting an illegal effort to smuggle banned aluminum into the U.S., according to a government complaint filed Thursday.

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Nissan-Renault Seeks to Boost Annual Vehicle Sales to 14 Million

Carlos Ghosn, heading the alliance of Nissan Motor, Renault and Mitsubishi Motors, is rolling out a new goal of selling 14 million vehicles annually by 2022. The new target represents a 40% increase for the auto maker compared with 2016 sales.

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Oracle Delivers Revenue and Profit Increases

With Oracle Corp.’s shares hitting all-time highs this summer, the company Thursday reported earnings that gave investors further reason for optimism about the company’s efforts to reinvent itself.

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Dole Food Exploring a Sale

Dole Food Co. is exploring a sale, months after filing to go public, said people familiar with the matter.

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Don't Expect Your Carrier to Help Pay for Your $1,000 iPhone

Discounts on Apple’s newest iPhone models haven’t kept up with their climbing prices.

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Comedy Central Renews 'Daily Show' Host Trevor Noah

Comedy Central has renewed Trevor Noah’s deal through 2022 to host the half-hour late-night satirical program ‘The Daily Show.’

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Ford's Russia Joint-Venture Hires 700 New Workers

Ford Motor Co. is hiring about 700 new workers at its van and sport-utility factory in Russia, a sign that the country’s long-suffering car market is starting to see signs of growth.

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Uber Shareholders Divided Over SoftBank Offer

A monthslong drive by SoftBank Group to take a commanding stake in Uber Technologies is closer to fruition, though some shareholders are balking at the prospect of selling stock to the Japanese investor at a proposed steep discount.

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Former Google Employees File Lawsuit Alleging Gender Discrimination

Three former Google employees filed a class-action complaint against the tech giant, alleging it discriminated against women in pay and promotions, building on a debate of whether gender bias is pervasive at Google.

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Nestlé Buys Majority Stake in Premium Coffee Chain Blue Bottle

Nestlé SA is buying a majority stake in the premium coffee chain Blue Bottle Coffee as the Swiss giant invests in a fast-growing part of the coffee business and continues to extend its reach through buying niche brands.

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Treasury Adds 11 New Entities, Individuals to Iran Sanctions List

The Trump administration imposed new sanctions against 11 firms and individuals for allegedly aiding Tehran’s ballistic missile program and helping it to conduct cyberattacks and support terrorism, the U.S. Treasury said.

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YouTube Pulls North Korean Videos Used for Research

YouTube removed channels that broadcast North Korean state television because of legal concerns, angering North Korea experts who have used the channels for years to monitor the secretive country

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Cruise Ships Steer Clear of Irma's Wake

U.S. cruise operators plan to divert their ships from storm-stricken Caribbean islands for several weeks, seeking to minimize Irma’s impact on a business that has been enjoying a surge in bookings.

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