EPA Allows Farmers to Keep Using Bayer's Controversial Weedkiller

The EPA extended by two years its approval of XtendiMax, a version of the herbicide dicamba made by Bayer, which some farmers and researchers have blamed for damaging millions of acres of crops.

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Kellogg Takes Hit to Profits With New Bet on Single-Serve Snacks

Kellogg is investing in on-the-go packages of its snacks like Pringles and Cheez-Its to help boost sales, but said the cost of making them is hurting its profitability.

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Estée Lauder Rides Demand for Skin Care, Sales in Asia

Estée Lauder reported another quarter of sales growth, buoyed by gains in its skin-care business and a rising demand for prestige beauty purchases from consumers in the Asia-Pacific region.

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BHP to Return $10.4 Billion to Shareholders

BHP Billiton, the world’s biggest mining company by market value, announced a stock buyback and special dividend. The miner is under pressure from activist investor Elliott Management.

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That Big Mac and Coke Now Comes With a Side Order of Inflation

From paint to air tickets to handbags, the prices of consumer items are going up as industries pass along higher costs. A long period of low inflation appears to be over.

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GM's Profit Jumps on Sales of Pricier Pickups, SUVs

General Motors’s third-quarter operating profit jumped 25%, as the auto maker sold more pricey trucks and sport-utility vehicles in its home U.S. market while sidestepping the trouble in China that has tripped up some rivals.

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Phone Makers Bet Foldable Handsets Have Flex Appeal

Mobile-phone makers think they have a solution to slowing sales: smartphones with big displays that close like books.

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Coca-Cola to Take It Slow on Marijuana

The company says it will wait until scientists agree on the safety of cannabidiol before adding it to its products.

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Workers' Pay Rises at Fastest Rate in a Decade

Compensation for U.S. workers grew at an accelerating rate in the third quarter, a sign a historically tight labor market is yielding better pay for employees.

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White House Says Companies Pledge to Create More Job-Training Opportunities

The White House said it has pledges from companies to create more than 6 million job-training opportunities, part of an initiative to address job market changes and a shortage of qualified workers.

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U.S. Falls to Eighth in World's Best Places to Do Business

The U.S. fell two spots, dropping to eighth place, in the World Bank’s annual rankings of the world’s economies for their ease of doing business, as the American business environment was eclipsed by Norway and the Caucasus nation of Georgia.

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Growth Hits 3%; Here's Why It Is Not Yet Sustainable

The mission of 3% economic growth hasn’t been accomplished, Greg Ip writes, given finite resources, like workers, and the fading effect of the tax cut.

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Treasury Department Will Introduce New Five-Year Security in 2019

The Treasury Department said it would introduce a new five-year security in 2019 and increase debt auctions over the next two months, as swelling budget deficits and a shrinking Federal Reserve portfolio increase the government’s borrowing needs.

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Biotechs With No Drugs in Trial Are Raising Millions in IPOs

Biotech IPOs are on track for a near-record year, with a crop of offerings that are younger, more highly valued—and some say riskier—than any in recent memory.

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Airbus's Big Problem: It Can't Make Jets Fast Enough

European plane maker Airbus said deliveries and free cash flow this year would fall short because of worsening supplier problems, but reported a rise in third-quarter income.

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Bunge CEO Says New Board Committee to Consider All Options

Bunge’s chief executive said a newly formed board committee will consider all options to improve the agricultural giant’s value, but it would bring no “preconceived” plans.

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The America-Free TPP Is a Done Deal

A trade pact between 11 Pacific Rim nations will come into force this year after Australia became the sixth country to ratify it, nearly two years after President Trump withdrew the U.S. from talks.

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Some Foreign-Owned Firms Got a Pass on Steel Tariffs, and Elizabeth Warren Is Asking Why

Senator Elizabeth Warren is asking Commerce Secretary Wilbur Ross to explain why so many foreign-owned companies and so few U.S.-owned companies were exempted from President Trump’s steel tariffs.

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Bank of Japan Warns of Pressures From Global 'Protectionist Moves'

The central bank kept its ultra-easy monetary policy in place as concerns grow about the impact of U.S.-China trade tensions on the Japanese economy.

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Lion Air Jet Struck the Water at High Speed, Investigator Says

A Lion Air jet with 189 people on board hit the surface of the Java Sea with enough speed that it “disintegrated” upon impact, the lead investigator said Wednesday.

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Facebook Revenue Falls Short

Facebook recorded lower revenue than expected as the social-media giant continues to adjust to slowing growth rates. Profits, though, rose more than forecast.

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GE Slashes Payout, Discloses Inquiry; Shares Tumble

General Electric slashed its dividend to a token amount and said federal regulators had opened a criminal probe of its accounting practices. The conglomerate’s shares closed down 8.8%.

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U.S. Charges Chinese Agents in Hacking Scheme

Federal prosecutors unsealed charges against 10 Chinese intelligence officers and other individuals Tuesday, accusing them of a persistent campaign to hack into U.S. aviation companies.

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Apple Raises Prices on New MacBook Air, iPad Pro

Apple’s new MacBook Air priced at $1,199, ships Nov. 7; the new Mac Mini, with faster processors and more memory, starts at $799.

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Sports Channels Draw Interest From Private Equity, 'New Fox'

Big media companies, sports teams, private-equity firms and rapper Ice Cube are among those kicking the tires of nearly two dozen regional sports networks that Disney is divesting as part of its $71.3 billion purchase of 21st Century Fox assets.

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Home Prices Continue to Lose Momentum

Home-price gains fell below 6% for the first time in a year in August, another sign the housing slowdown is becoming widespread.

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U.S. Consumer Confidence Surged to 18-Year High

A measure of U.S. consumer confidence rose in October to an almost two-decade high, as consumers expected economic and jobs growth to power ahead in the coming months.

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U.S. Tech Firms Are Winning the R&D Spending Race With China

As the U.S. and China tussle over trade and technology, American companies maintain a major advantage over their rivals in a critical area: spending on research and development.

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Powell to Testify Before Joint Economic Committee

Fed chairman will address the economic outlook at his Dec. 5 appearance

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Musk Spends $10 Million On Tesla Shares, Plans $20 Million More

Elon Musk bought $10 million of shares in Tesla on Monday and plans to spend another $20 million on stock in the company, according to the electric-car maker.

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T-Mobile Reports Surge in New Customers

T-Mobile signed up more customers to its flagship brand during the third quarter, outpacing rivals as the carrier continues pursuit of a merger with Sprint.

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Barnes & Noble Details Why Former CEO Parneros Was Fired

Barnes & Noble alleged in a court filing that its former CEO was justifiably fired in July because he sexually harassed a female employee, bullied other staffers and undermined a potential sale of the bookseller.

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Ocean Carriers Brace for Orders Surge Ahead of Potential New Tariffs

Trade figures suggest U.S. companies pulled forward their orders for goods from China to get ahead of new tariffs, and shipping and logistics businesses now are bracing for a similar surge before additional tariffs could be rolled out next year.

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Samsung Chalks Up Another Record, but Phones Are a Worry

Robust sales of memory chips and displays helped yield another record profit for Samsung in the third quarter, but the company’s outlook isn’t looking nearly as bright.

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Baidu Profits Jump as App Ad Revenue Grows

The Chinese search-engine giant reported profits rose 56% in the third quarter, beating expectations. It credited advertisements on its search page and mobile-app news feed.

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Coca-Cola Gets Lift From a Perennial Laggard: Diet Coke

A rebound in demand for diet cola lifted Coca-Cola’s core soda business in the latest quarter, as consumers turned back to the zero-calorie drinks they once spurned

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U.S. Ban Threatens China's Ambitions as Tech Power

A U.S. ban on American companies doing business with a Chinese chip maker accused of stealing technology secrets threatens to upend a company backed by $5.7 billion in state funds, damaging China’s ambitions to build a world-class semiconductor industry.

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Dunkin' Brands Sales Get Lift From Beverages

Dunkin’ Brands Group said sales of iced coffee, frozen beverages and breakfast sandwiches boosted domestic comparable-store sales in the third quarter despite fewer people visiting its restaurants.

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Hershey Takes Hit From Higher Costs

Hershey plans to start charging more for chocolate, after lower prices and higher costs ate away at its profit margin again in the latest quarter.

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U.K. to Roll Out First-of-Its-Kind Digital Tax

The U.K. said it will move ahead with plans to introduce a first-of-its-kind tax on locally generated revenue by large technology firms—the most concrete attempt yet by an industrialized nation to rewrite the world’s tax code for the digital era.

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U.S. to Restrict Chinese Chip Maker From Doing Business With American Firms

The U.S. has raised the stakes in a battle with Beijing over intellectual property by restricting American firms from doing business with state-owned Chinese chip maker Fujian Jinhua that Micron Technology Inc. has accused of stealing its secrets.

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Americans Are Sticking With Their Old Phones

Americans are holding onto their smartphones for longer than ever.

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Apple Expected to Unveil Updated iPad and Mac at New York Event

For the fourth time in the past decade, Apple is holding a second event to announce new versions of its gadgets ahead of the holiday shopping season. Here’s what you need to know.

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IBM's Rometty Bets Her Legacy on Red Hat Deal

With her $33 billion deal for the cloud computing company, Chief Executive Ginni Rometty makes the greatest gamble of her career on something IBM has never done: a massive acquisition.

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Tame Inflation Keeps Fed on Track

A closely watched price index suggests that, for now, inflation poses little threat to the economy.

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Treasury Expects to Issue Over $1 Trillion in Debt in 2018

The U.S. Treasury Department estimates it will issue more than $1 trillion in debt this year as higher government spending and stagnant tax revenues push the deficit higher.

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How to Get Political Ads Off Your Facebook Feed

With the midterm elections looming, you might not be wildly surprised your Facebook feed seems like it’s been taken over by political ads. Researchers say campaign-ad spending on the social network is up in these final weeks.

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A New Target in the Fight Against Plastic: Paper Cups

Paper cups sourced from sustainable forests have for years been hailed as a more environmentally friendly option than plastic foam. But paper cups are attracting new scrutiny.

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Travelers Profit by Skirting Customs When Using Delivery Apps

Sites that connect shoppers abroad with travelers willing to deliver items to them are becoming a new industry. But users say they avoid customs fees.

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Lion Air Crash Puts Boeing's Popular 737 Max in Spotlight

The investigation into the crash of Lion Air Flight 610 carries high stakes, not just for the rapidly expanding budget carrier but also for Boeing, which counts the airline as one of the biggest buyers of the aircraft type involved in the accident.

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Grocers Enlist Robots to Chase E-Commerce

Grocers are stocking their warehouses with robots and artificial intelligence to increase efficiency as competition for consumer spending on food picks up.

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Elon Musk Again Stirs Confusion on Twitter, This Time About His Title

Elon Musk took to Twitter on Monday with messages that sowed confusion about his official role at Tesla Inc., a month after a settlement with federal regulators intended in part to better govern his public statements.

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J.C. Penney Names Another Interim CFO

J.C. Penney named its second interim finance chief since its CFO abruptly resigned last month.

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IBM to Acquire Red Hat for About $33 Billion

International Business Machines agreed to buy software-and-services company Red Hat for about $33 billion in its biggest acquisition ever, a deal that IBM hopes will boost a cloud-computing business central to Chief Executive Ginni Rometty’s effort to revive the tech giant.

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Facebook, Google May Face Billions in New Taxes Across Asia, Latin America

Inspired by the EU, more governments across the world are contemplating a tax based on the revenue of foreign technology companies like Facebook and Google rather than their profit.

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Why Some GE Investors Welcome Another Dividend Cut

Investors in General Electric are bracing for the company to slash or suspend its dividend when it reports quarterly results this week. For some, such a cut may come as a relief.

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Tariffs May Crown Corn King Again

Trade disagreements with China make growing soybeans unprofitable for U.S. farmers, forcing them to reconsider their planting choices.

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The Robot Revolution Is Coming, and Dang Is It Cute

Forget robot vacuums and smart speakers: The latest home robots are adorable and a little bit terrifying. They claim they just want to help.

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Sony Changes Tune to Take On Bose, Apple's Beats

At Sony, it’s out with $10 supermarket ear buds and in with $8,500 music players.

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Global Economy Week Ahead: U.S. Consumer Confidence, Jobs Data

Economic indicates in the week ahead include U.S. consumer confidence data for October as well as the Labor Department’s employment report.

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Iranian Port Project Poses a Dilemma for U.S.

A port being developed in the southern Iranian city of Chabahar underscores some of the dilemmas U.S. policy makers face in implementing sanctions against Tehran.

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Chinese Firms Snap Up U.S. Sites to Process Scrap

Chinese companies are setting up shop in the U.S. to obtain the scrap paper and plastic their government has deemed too dirty to import.

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Bringing Up Baby's Market Share at J&J

After missing out on major shifts in consumer tastes and watching sales stall, the company has remade its baby line from head to toe. Catching up won’t be easy.

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U.S. Economy Flashes Signs It's Downhill From Here

Private analysts and the Federal Reserve say a slowdown is looming. Though few believe a recession is near, a slowdown in growth would have far-reaching implications.

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Stressed Southern Timber Growers Get Hit Again

Owners of forest land along the Florida Panhandle and beyond are grappling with at least $1.6 billion in timber losses after Hurricane Michael.

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After Months of Struggle, NBC's $69 Million Bet on Megyn Kelly Flames Out

An outcry over remarks Ms. Kelly made on the air about blackface Halloween costumes on Tuesday proved the last straw in the anchor’s rocky stint on the ‘Today’ show. NBC canceled her show Friday. Negotiations “about next steps” continue, her lawyer said.

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Tesla Faces Deepening Probe Over Whether It Misstated Production Figures

Tesla, with a fresh civil fraud settlement now behind it, faces a new legal problem: a deepening criminal investigation.

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Fortnite Creator Epic Games Valued at Nearly $15 Billion

Epic Games, the creator of the smash-hit videogame “Fortnite,” is valued at almost $15 billion as part of a new investment round.

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Foreign Aluminum Producers Shake Off U.S. Tariffs

When President Trump placed tariffs on imported aluminum last spring, European rivals thought their U.S. profits would come under pressure. But months later, those companies have yet to feel significant negative impact.

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Apple May Lean on iPhone XR to Juice Sales

A year after leaning on its high-price iPhone X to ignite sales of its best-selling product line, Apple may need the lower-priced successor—the XR—to perform the same trick.

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GDP Grows 3.5% on Consumer Vigor but Investment Slows

Strong consumer spending powered economic growth in the third quarter, helping to offset weak business investment and a drop in U.S. exports.

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Volcker Sees Fed Rate Increases as Key to Stable Growth

The former central-bank chief, often credited with setting the stage for the boom of the 1980s, reflects on economic life lessons ahead of his new book, ‘Keeping At It.’

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Some 43% of College Grads Are Underemployed in First Job

Liberal-arts majors often fare better in avoiding underemployment than those who pursue more vocationally geared majors, such as degrees in parks, recreation, leisure and fitness studies and homeland security.

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U.S. Consumer Sentiment Ticked Down at the End of October

U.S. households became slightly less confident about the economy in late October, but their overall outlook remained elevated.

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China Puts Yuan Skeptics on Notice as Currency Nears Decade Low

After a nearly 7% selloff this year, the yuan is at the brink of hitting 7 per dollar, a threshold that could trigger further selling if Chinese businesses and individuals decide they need to expatriate capital before any further decline.

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Are Price Increases Painting Companies Into a Corner?

Makers of everything from paint to Big Macs are raising prices to offset costs. But is the American consumer ready to revamp budgets to protect corporate profits?

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Microsoft Defends Its Bid on U.S. Military Contract

Microsoft executives defended supplying technology to the U.S. military, in another case of a tech company having to explain its relationship with the government in the face of objections from employees.

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A GOP Lawmaker's Battle to Turn Growth and Jobs Into Votes

Republicans and Democrats are sparring on the campaign trail over who gets credit and blame for the economy. Support for the president isn’t always translating into support for local Republicans on economic issues.

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Can Starbucks Perk Back Up?

The coffee culture Starbucks helped create in America spawned all kinds of competitors on both the high and low end, leaving Starbucks in the middle—and still charging premium prices.

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Walmart to Pay $160 Million to Settle Shareholder Suit

The retailer didn’t admit fault as part of the settlement in the case related to the U.S. government’s probe into the company’s alleged bribery in Mexico.

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At Netflix, Radical Transparency and Blunt Firings Unsettle the Ranks

Buzzwords and anxiety fill the hallways as Hollywood giant tries to maintain a winning culture amid breakneck growth; the ‘N-word’ scandal gets ‘sunshined.’

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Megyn Kelly and NBC News Begin Exit Negotiations

Megyn Kelly and NBC News have begun exit negotiations, signaling that the star anchor’s brief tenure at the network is likely coming to an end, people familiar with the matter said.

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Chipotle Posts Sales Increase

The company said its third-quarter revenue rose thanks to new restaurant openings and a higher volume of digital orders.

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Third Point Sues Campbell, Alleging Misinformation

The activist hedge fund sued Campbell Soup and its board, alleging the food maker distributed misleading and incomplete information to win shareholders’ support in a heated proxy fight over control of the company.

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Oil Industry Sticks With Saudi Arabia Through Khashoggi Scandal

With its investment prospects rocked by the killing of dissident journalist Jamal Khashoggi, Saudi Arabia turned this week to its most trusted business ally—the oil industry.

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Intel Raises Forecast Amid Robust Chip Sales

Third-quarter revenue rose 19%, as the company pumped out chips for a growing personal-computer market and for equipment used in data centers.

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Mattel Sales Fall Despite Strong Showing From Barbie

Mattel reported another drop in quarterly revenue, as strong gains in Barbie sales failed to offset weakness across the rest of the toy company’s portfolio and the loss of business from Toys “R” Us.

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Fed Vice Chairman: Strong Growth Supports Continued Rate Rises

Federal Reserve Vice Chairman Richard Clarida endorsed the central bank’s plans to gradually raise interest rates and highlighted reasons why stronger economic growth might not lead to an inflation upturn that requires more aggressive rate increases.

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Altria Will Pull Its E-Cigarette Pods From the Market

Altria Group said it would pull its e-cigarette pods from the market and discontinue the sale of most flavored e-cigarettes in response to mounting concerns about a surge in underage use of similar products.

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Comcast Profit Rises as It Looks Beyond U.S. for Growth

Comcast said net profit rose 9.3% in the third quarter, as growth in the content and distribution giant’s broadband business more than offset a continued decline in cable-TV subscriber numbers.

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Twitter Sheds Users Again in Fake-Account Purge

Twitter reported its first consecutive quarterly drop in users, losing more than it had expected and signaling further declines to come as it continues to purge fake accounts.

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Eight Tips for Making Work Better for Men and Women

Top business leaders offer tips directed to men and women at all levels in the corporate world to improve workplaces, given findings that show progress for women at work has stalled.

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AB InBev Halves Dividend as Beer Remains Out of Favor

Anheuser-Busch InBev slashed its dividend as it reported weaker profit and lower volumes in several key markets, underscoring the Budweiser maker’s struggle with declining beer consumption.

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U.S. Won't Resume Trade Talks Without Firm Chinese Proposal

The U.S. is refusing to resume trade negotiations with China until Beijing comes up with a concrete proposal to address U.S. complaints about forced technology transfers and other economic issues.

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Government Spending Fuels U.S. Growth

A pickup in government spending, particularly defense, has helped drive a broad acceleration in U.S. economic growth, according to an analysis of Commerce Department data.

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Iran Moves to Shelter Millions as U.S. Sanctions Bite

As Iran braces for U.S. sanctions that target its financial lifeline—oil sales—it is resorting to a series of extraordinary steps including increasing government handouts to insulate the country’s increasingly restive working class.

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U.S. Jobless Claims Edged Higher Last Week

The number of Americans filing applications for new unemployment benefits rose during the first full week workers affected by Hurricane Michael could seek jobless assistance.

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Durable Goods Orders Rose in September on Defense Spending

Demand for long-lasting goods produced by U.S. factories rose for the third time in four months in September, driven largely by surging military aircraft orders.

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Fuel Costs Cut American's Profit

American Airlines’ profit fell 48% in the third quarter, hurt by higher fuel costs and hurricanes. The carrier said reduced capacity growth, trimming of unprofitable flights and deferring new aircraft deliveries would improve performance next year.

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The African Media Giant That Wants to Create the New Craigslist

Naspers, the little-known South African media outlet that grew into the continent’s largest company thanks to a phenomenal bet on Tencent, is trying to remake itself again with a counterintuitive punt on the future of publishing: classified ads.

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WPP Dives After World's No.1 Ad Group Cuts Guidance

Shares in WPP fell sharply after the world’s largest advertising group reported disappointing quarterly results and cut its full-year guidance, underscoring the challenge facing new Chief Executive Mark Read.

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Megyn Kelly Expected to Lose Show Over 'Blackface' Remark

The NBC News chief told staff that ‘I condemn’ the comments by the star, who was given a $69 million contract just last year. A new host in the 9 a.m. slot could be on the air by Monday.

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Dunkin' Brands Sales Get Lift From Beverages

Dunkin’ Brands Group said sales of iced coffee, frozen beverages and breakfast sandwiches boosted domestic comparable-store sales in the third quarter despite fewer people visiting its restaurants.

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Hershey Takes Hit From Higher Costs

Hershey plans to start charging more for chocolate, after lower prices and higher costs ate away at its profit margin again in the latest quarter.

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Tesla Posts Surprise Profit

Tesla reported a record third-quarter profit after the auto maker increased Model 3 production. The news is lifting the company’s share price and giving embattled CEO Elon Musk renewed credibility.

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Ford Profit Sinks on Weak Overseas Sales

Ford Motor’s third-quarter net income fell 37% amid sharply lower results in China and Europe, trouble spots that are complicating Chief Executive Jim Hackett’s turnaround plans.

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Microsoft's Cloud Strategy Pays Off

Microsoft’s cloud service is decelerating, but the company is making up for it through an offshoot of the business that mixes in its software sales, a key strategy for competing with market leader Amazon.com.

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Gender Equality Stalls in Corporate America Despite #MeToo

Women are entering the U.S. workforce in the highest numbers in decades, but gender parity isn’t improving, Facebook COO and LeanIn.org founder Sheryl Sandberg said.

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AT&T's Entertainment, Wireless Assets Make Up for Satellite Slump

AT&T’s new show-business assets outshined its larger telecommunications divisions in the latest quarter, boosting earnings despite a record slump in satellite-TV subscriptions.

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Fed Report Sees Optimism About Growth, but Growing Concerns About Tariffs

Businesses said they were still optimistic about the economy’s growth trajectory, but indicated concerns that tariffs would continue to push up costs, according to a Federal Reserve report released Wednesday.

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Want Tax Plan Details? Follow the Bouncing Ball

Despite much finger-pointing, few administration officials or lawmakers seem to have details on how President Trump’s idea for a middle-class tax cut might be realized.

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Send Word: Trump Right to Fight Some Global Rules

The treaty that gives China a discount on mail sent to the U.S.—to the disadvantage of American e-commerce—is among the unbalanced international deals the president should renegotiate.

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New Home Sales Fall, Inventories Rise on Faltering Demand

Sales of new homes in the U.S. slumped for the fourth-consecutive month and inventories swelled to the highest level in years, suggesting the housing market is falling deeper into a weak stretch.

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Bank of Canada Raises Interest Rates

The Bank of Canada raised its key interest rate by a quarter-percentage point, as a resolution on a new North American trade pact and easing concerns over household debt gave policy makers more confidence in Canada’s economic outlook.

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Disney World's Big Secret: It's a Favorite Spot to Scatter Family Ashes

Fans say treating the parks as a final resting place is the ultimate tribute, assuming they can sneak the remains past security.

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Apple CEO Condemns 'Data-Industrial Complex'

Apple CEO Tim Cook issued the tech giant’s strongest call yet for U.S.-wide data-protection regulation, saying individuals’ personal information has been “weaponized.”

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'Where Do We Have Tariffs?' Trump Asks. Here's a List

President Trump, in an interview, called tariffs a negotiating tactic and said the U.S. doesn’t have any (or very few). Here’s a list of tariffs his administration has imposed.

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Defense Firms Gear Up for Price Clash

Boeing’s recent Pentagon contracts make its rivals question whether they could make a profit at the prices set by the aerospace giant.

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Investors Pour $3.5 Billion Into Food-Delivery Startups

Restaurant and grocery delivery companies are the latest feeding frenzy for investors, with venture capital firms investing $3.5 billion in food and grocery delivery services so far this year, more than triple the amount they invested in all of 2017.

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Neiman Marcus Starts Talks to Restructure Debt

Neiman Marcus Group, the Dallas-based luxury department-store chain, started talks in recent weeks with a group of creditors that could lead to a debt restructuring that will push out looming debt maturities and avert a bankruptcy filing, people familiar with the matter said.

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New York Sues Exxon Over Climate-Change Disclosures

The state alleges the company misled shareholders by playing down the possible risks of climate-change regulations to its business.

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Pixar Co-Founder to Retire

Ed Catmull is responsible for leading Disney’s studios behind some of the most beloved animation titles of the past several years, including “Toy Story,” “Frozen,” “Inside Out” and “Up.”

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Trump Steps Up Attacks on Fed Chair Powell

President Trump escalated his attacks on Federal Reserve Chairman Jerome Powell, blaming him for threatening U.S. economic growth and saying he appeared to enjoy raising interest rates, during a Wall Street Journal interview.

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Manufacturers See Signs of New Risks

Rising costs, a stronger dollar and concerns over growth in China are posing new challenges for U.S. manufacturers.

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Behind Bayer's Tough Defense of Roundup

Bayer has a history of fighting big-ticket litigation, which explains its approach to the thousands of lawsuits alleging Monsanto’s Roundup herbicide causes cancer.

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Tesla Shares Soar on Anticipation of Third-Quarter Results

Tesla shares soared after it announced plans to report quarterly results sooner than expected, fueling speculation that it has good news to deliver.

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Endeavor Energy Resources Explores Potential Sale

Endeavor Energy Resources is exploring a sale that could value the big private Texas oil fracker at more than $10 billion. The company is working with JPMorgan Chase and Goldman Sachs to sound out buyers.

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Target Undercuts Amazon With Free Two-Day Shipping

Target said it plans to offer free two-day shipping on online orders this holiday season, undercutting competitors like Amazon and Walmart.

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Chinese Shoppers Power Gucci's Sales Growth

Gucci posted robust sales in the third quarter, reporting no signs of a pullback by China’s big-spending shoppers.

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Union Pacific to Lay Off Nearly 500 Workers

Union Pacific plans to lay off about 500 employees before the end of the year, the first of several rounds of job cuts as the railroad implements a new operating plan to turn around its performance.

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GOP Latches Onto Vague Trump Tax Statement as Campaign Nears End

Republicans are attempting to turn a vague tax-cut promise floated by President Trump into a campaign plank as they try to hang onto their majority in the House of Representatives.

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Global Postal System Fast-Tracks Rate Review Following U.S. Gripe

United Nations agency overseeing the global mail system said Tuesday it would fast-track a rate review following President Trump’s complaints of preferential discounts for China and others and a threat to pull out.

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Fed's Bostic Sees Growth, Need for 'Gradual' Rate Rises

Atlanta Fed President Raphael Bostic offered an upbeat take on the economy Tuesday and said he believes the central bank should press forward with interest-rate increases to keep the expansion moving forward.

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Dyson Plans to Build Electric Cars in Singapore

The British company known for high-end vacuum cleaners said that the manufacturing site should be completed by 2020 with sales beginning the following year.

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Foreign Buying of U.S. Treasurys Softens, Unsettling Financial Markets

Overseas investors, traders and central bankers are buying fewer Treasurys, which helped fuel a bond selloff this fall, pushing yields up and shaking stocks. Foreign buyers now hold 41% of outstanding Treasury debt, their lowest share in 15 years.

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Bank of Canada Widely Expected to Raise Interest Rates

The Bank of Canada is widely expected on Wednesday to raise its benchmark overnight interest rate by a quarter of a percentage point in response to solid economic growth and a new trade pact with the U.S. and Mexico.

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How One Stubborn Banker Exposed a $200 Billion Russian Money-Laundering Scandal

Billions in illicit funds flowed through accounts held at Danske Bank’s branch in tiny Estonia. One employee dug into the details and tried to alert his superiors at headquarters. The resulting scandal cut the bank’s value in half, cost the CEO his job and prompted a new round of soul-searching.

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Digital Publisher Refinery29 to Lay Off About 10% of Workforce

Refinery29, the media and entertainment company focused on millennial women, is laying off more than 40 full-time employees as the publisher falls short of its revenue target for the year.

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Caterpillar Pushes Profit Higher

Caterpillar reported higher profit thanks to price increases and rising sales, offsetting higher costs to make and ship its machinery due in part to metal tariffs.

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McDonald's Results Beat Estimates

Profit and revenue declined at McDonald’s in the third quarter but same-store sales rose more than expected as the fast-food chain tries to lure people by changing up its burgers.

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Verizon Adds Phone Customers But Oath Revenue Weakens

Verizon Communications added to its pool of wireless phone subscribers in the third quarter while pressing forward with its bet that it is better to focus on building a faster network than trying to own the content that flows through it.

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3M Trims Earnings Forecast as Sales Sputter

3M lowered its earnings forecast for the year after it reported slower sales growth across most of its business lines in the third quarter.

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United Technologies Raises Targets, Waits on Rockwell Merger

United Technologies sought to reassure investors that its core businesses are performing well even as the company’s $23 billion takeover of Rockwell Collins hangs in regulatory limbo.

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Investor Disquiet at Nestlé Grows Beyond Activist Third Point

Nestlé’s chairman is facing mounting opposition from shareholders who say the former chief executive isn’t helping his successor’s efforts to reinvigorate growth at the world’s largest packaged-foods maker.

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Lockheed Martin Eyes Higher Sales

Lockheed Martin said its sales growth will accelerate next year even as defense industry analysts said 2019 could mark a peak for domestic military spending.

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Alaska's Economy Finally Starts to Thaw

Rising oil prices and a political compromise are helping the state to exit recession and join the U.S. economic boom.

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iPhone XR Review: You Don't Have to Spend $1,000 for the Best iPhone

The iPhone XR has a few price-cutting compromises, but great battery life, Face ID and a colorful design make it the best iPhone to buy, writes Joanna Stern.

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What #MeToo Has to Do With the Workplace Gender Gap

A new study from Lean In and McKinsey shows the pervasiveness of sexual harassment at the office and the persistence of inequality. That isn’t a coincidence.

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SoftBank CEO Cancels Speech at Future Investment Initiative

SoftBank Group’s CEO Masayoshi Son became the highest profile executive to cancel a speaking engagement at a major investment conference in Saudi Arabia following the death of a journalist who was critical of the Kingdom’s royal family.

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Merkel Changes Course, Concedes to U.S. Gas Imports

Chancellor Angela Merkel has offered government support to efforts to open up Germany to U.S. gas, a key concession to President Trump as he tries to loosen Russia’s grip on Europe’s largest energy market.

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Sears Has Filed for Bankruptcy, but Its Mortifying 'Husky' Jeans Endure

Despite the fact that few men look fondly on their days in ‘husky’ jeans, this not-so-nice descriptor persists everywhere from Gap to Children’s Place to Levi’s. But, isn’t there a better name than ‘husky’?

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Judge Reduces Jury Award Against Bayer's Roundup to $78.5 Million

A California judge on Monday reduced by more than $200 million a jury verdict linking Bayer AG’s Roundup weedkiller to cancer but upheld the jury’s findings that the company acted with malice.

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Uber's Top Deal Maker Cameron Poetzscher Resigns

Uber’s top deal maker, Cameron Poetzscher, has resigned from the company, less than a month after a Wall Street Journal article revealed allegations of prior sexual misconduct in the office.

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Oculus VR Co-Founder Leaving Facebook

Oculus VR co-founder Brendan Iribe announced over social media Monday that he is leaving Facebook, the latest in a series of executives to exit from the company.

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Wide Recalls Jolt Food-Supply Chain

Whole Foods, Walmart, Trader Joe’s are among the retailers affected by salmonella and listeria worries. More than a dozen companies have recalled millions of pounds of food.

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Kellogg Returning Honey Smacks to Shelves After Salmonella Recall

Kellogg’s Honey Smacks cereal will begin returning to U.S. shelves next month in limited quantities following a nationwide recall over salmonella concerns.

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Maritime Regulator Faces Growing Calls for a Gradual Rollout of Clean-Fuel Rules

International maritime regulators begin a new round of meetings on antipollution efforts this week under pressure from the U.S. and other nations to soften the rollout of new rules that could cost the industry billions of dollars and raise prices for businesses and consumers.

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FICO Plans Big Shift in Credit-Score Calculations

Fair Isaac’s UltraFICO Score, launching in 2019, is meant to boost the number of borrowers approved for credit cards and personal loans by factoring in how consumers manage their bank accounts.

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Kimberly-Clark Names Michael Hsu as CEO, Successor to Thomas Falk

Kimberly-Clark said it was switching chief executives in the midst of a restructuring program intended to boost profits as it struggles with weak sales.

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Super Micro Computer Denies Malicious Chip Report

Super Micro Computer said in a letter to customers that a media report claiming a malevolent hardware chip was installed in its motherboards is incorrect and that it is conducting a review in light of the story.

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Halliburton Profit Beats Forecasts Despite Softness in Demand

Halliburton profit rose 19% in the latest quarter but the oil-field services company said demand for some of its key operations came in weaker than anticipated.

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Airfares Could Keep Rising. Blame Cruise Ships.

Airlines’ fuel budgets are about to get squeezed by unlikely competitors. Shipowners around the world are expected to start switching next year to cleaner-burning diesel fuel, ahead of emissions regulations taking effect in 2020.

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Icahn-Backed American Railcar Is Selling Itself

American Railcar Industries, which is majority owned by activist investor Carl Icahn’s firm, is being acquired by a subsidiary of ITE Rail Fund.

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Hasbro Misses Earnings Estimates as Sting From Toys 'R' Us Lingers

Hasbro Inc. reported a slight drop in earnings for the third quarter compared with the same quarter a year earlier as the toy-seller felt the sting of Toys “R” Us being liquidated.

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Search for Amazon HQ2 Sparks Real Estate Speculation

Real-estate investors are poised to buy up property in whichever city Amazon.com Inc. picks for its second headquarters; some bold investors aren’t waiting.

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U.S. Steelmakers Shift Focus to Make Tariffs Go Away

U.S. steel producers prevailed in their push this past spring for the Trump administration to impose tariffs on imported steel and aluminum. The industry also succeeded in a later effort to make some tariffs disappear.

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Fiat Chrysler Unloads Car-Parts Unit in $7.1 Billion Deal With KKR

Japan’s Calsonic Kansei agreed to buy Fiat Chrysler’s auto-parts business, Magneti Marelli, for $7.1 billion, a deal that will catapult the combined company into the top ranks of global auto suppliers.

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Ryanair Earnings Hit by Staff and Fuel Costs

European budget airline Ryanair Holdings said second-quarter net profit—during the busy summer season—fell 6%, three weeks after the company cut its full-year guidance.

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Even Among Entrepreneurs, There's a Gender Pay Gap

Women who start companies often pay themselves less than male counterparts in comparable situations.

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Court Issues Restraining Order Against Skin-Care Entrepreneur

A Canadian court issued a restraining order against Brandon Truaxe after the Toronto skin-care-products entrepreneur sent an email last week threatening harm to Leonard Lauder, chairman emeritus of Estée Lauder.

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Uber Ambitiously Eyes 2021 for Food-Delivery Drones Launch

Uber Technologies envisions taking to the skies with a fleet of food-delivery drones in as little as three years, an ambitious timeline for a ride-hailing company that would face technical challenges and regulatory hurdles.

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Richard Parsons Steps Down From CBS Board

CBS interim chairman Richard Parsons is resigning because of health issues. New board member Strauss Zelnick will succeed him.

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U.S., EU Trade Teams Seek Fast Results and Big Savings

U.S. and European trade negotiators are focused on aligning regulations on goods and services as they seek to cement a July trade cease-fire between President Trump and European Commission President Jean-Claude Juncker.

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Saudi 'Davos in the Desert' Lowers Its Profile

Russian and Asian executives and midlevel Western bankers will attend a Saudi Arabian investment conference this week that will be less splashy and global than its inaugural last year dubbed “Davos in the Desert.”

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Global Economy Week Ahead: Durable Goods, GDP, Consumer Sentiment

Economic data in the coming week will include the Commerce Department’s reading on third-quarter gross domestic product as well as durable-good orders for September.

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Charles Wang, Founder of Computer Associates, Dies at 74

Charles B. Wang, who helped found the software company Computer Associates International Inc. and was a part owner of the New York Islanders professional hockey team, died Sunday in Oyster Bay, N.Y. 

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Bull Market's Latest Hurdle: Slowing Sales Growth

Firms from BlackRock to IBM report disappointing quarterly sales, citing such factors as cautious customers, rising costs and a stronger dollar.

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Frackers Bet on New Terminals to Boost Oil Exports

Companies plan to expand U.S. port infrastructure as existing shipping ports are ill-equipped to handle the growing crude oil load.

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A Billionaire Pledges to Fight High Drug Prices, and the Industry Is Rattled

Ex-energy trader John Arnold has put $100 million behind efforts to curb prices. Drugmakers say his view is flawed and oversimplified, and will restrict patients’ access to important medicines.

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Deal to Create Chinese Lithium Giant Faces Legal Challenge

A Chilean court is set to rule on a legal challenge to Tianqi Lithium’s deal to buy 24% of mining company SQM—which critics say could create a cartel for a key element in electric-vehicle and smartphone batteries.

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'Halloween' Scares Up Strong Opening Numbers

Michael Myers and “Halloween” staged a comeback at the box office over the weekend, collecting $77.5 million in a debut that brings the 40-year-old horror franchise back from the dead.

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The Key to Being Safer Online Is Actually a Key

The best way to protect yourself against hackers and phishers is to turn on two-factor authentication—then get a YubiKey or Google Titan Key.

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John Mack, Old-School Financier, Coaches Fintech Wannabes

Since handing over the reins at Morgan Stanley, John Mack has been working with financial-technology startups, dabbling in bitcoin and watching as Wall Street gives way to a mellower brand of finance.

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Defense Firms Struggle With Security-Clearance Backlog

An exacerbated workforce crunch for makers of warships, jet fighters and cybersecurity systems is forcing them to resort to workarounds to finish Pentagon orders.

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MTV Owner's Streaming Strategy: If You Can't Beat Them, Feed Them

Viacom is rebooting MTV’s “The Real World” franchise for Facebook, the latest sign that the cable-TV giant has stopped fighting the growing dominance of digital players like Netflix and is instead producing shows—and soon movies—for them.

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Will Tech Leave Detroit in the Dust?

As IPO proposals value Uber at an eye-popping $120 billion, auto makers are racing to gain ground in everything from car sharing to driverless technology. At stake: who will control the future of transportation.

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Strong Economy Draws WomenInto U.S. Labor Force

For most of the last two decades, the share of women participating in the U.S. labor force was in decline. Thanks to a strong economy, that long-running trend shows signs of reversing.

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China Finds Big-Ticket Spending Is a Road to Nowhere

Beijing is trying to kick its habit of using big-ticket stimulus spending on infrastructure, a turning point from a growth model that has left many Chinese cities adorned with empty high-rises and underused highways.

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Hackers Breach Healthcare.gov

The Affordable Care Act’s federal exchange system for insurance was breached and about 75,000 consumer files compromised, the Trump administration said Friday.

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Charlie Collier to Become CEO of Entertainment for New 'Fox'

21st Century Fox has tapped AMC Networks executive Charlie Collier to become CEO of entertainment for the new “Fox” entity that will be formed when the company completes its pending sale of assets to Walt Disney.

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Cleveland-Cliffs CEO Lashes Out at Analyst, Short-Sellers

The chief executive of Cleveland-Cliffs Inc. targeted a Goldman Sachs analyst and lashed out against traders shorting the company’s stock during a third-quarter earnings call Friday.

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Fed's Kaplan: Too Soon to Know How Saudi Tensions Could Affect Economy

Dallas Fed President Robert Kaplan said it is too soon to say what rising tensions with Saudi Arabia over the suspected killing of a Saudi journalist might mean for the U.S. economy, but he acknowledged the issue is on his dashboard of risks.

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For Women Managers, One Mistake Can Stall a Career

Women have little margin for error, while men’s flaws or bad ideas are minimized.

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In a Tight Labor Market, Even the Staffing Firms Struggle

Staffing company ManpowerGroup gave a muted outlook Friday as a tight U.S. labor market continues to pinch revenue and political uncertainties in Europe cause employers to rethink short-term hiring plans.

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Chevron Ready to Resume Oil Output in Wafra if Saudis, Kuwaitis Agree

Chevron stands ready to restart pumping oil in a field shared by Saudi Arabia and Kuwait once the countries settle a dispute over environmental licenses, the company said Friday.

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Hasbro to Cut Workforce in New Round of Layoffs

The toy company is planning layoffs that will trim less than 10% of its workforce, a move the maker of Monopoly, Nerf guns and Disney Princess dolls says is a response to changes in how consumers buy and play with toys.

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Daimler Issues Profit Warning, Sending Shares Down

Daimler warned of “significantly lower” earnings for the full year and said profit had dropped 27% in the three months to Sept. 30, sending shares to a five-year low.

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U.S. Existing-Home Sales Fell in September

Sales of previously owned U.S. homes declined in September, extending a weak stretch for the housing market in a period of otherwise strong economic growth.

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Frustrated Investors Want Frackers to Consolidate

A private-equity firm is urging oil producer Resolute Energy to merge with a rival, the latest salvo in a growing campaign by some investors to force shale drillers to consolidate.

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Facebook Turns to U.K. Politician to Help Repair Its Image

Facebook has hired one of Britain’s best-known politicians as its top policy and communications executive, giving a Silicon Valley outsider the task of mending the social network’s image.

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P&G Posts Strongest Sales Growth in Five Years

Procter & Gamble reported stronger sales in the latest quarter, driven by gains in the beauty segment, as the consumer-products giant seeks to snap a stretch of lackluster growth.

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Honeywell Cuts Profit Outlook on Expected Spinoff Impacts

Honeywell International lowered its profit guidance to reflect the spinoffs in its home and transportation businesses, while also reporting positive quarterly results.

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New 'Opportunity Zone' Rules Offer Developers Tax Breaks

The Trump administration on Friday will propose guidelines that will help investors use a new tax incentive that encourages development in low-income areas.

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Amazon Revisits Some Cities as HQ2 Decision Looms

Amazon executives have made a fresh round of visits to several of the 20 finalists for its $5 billion second-headquarters project, fueling added anticipation as it nears a decision in a process that has stretched over more than a year.

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Can Tesla Drive Out of the Slow Lane in China?

The electric car company has suffered amid U.S.-China trade tensions. Its plan to go local in China faces some stiff obstacles.

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Why Big Tech Keeps Trying Its Hand at Hardware

Google, Amazon and Microsoft are making lots of new devices, but what they’re really selling are touchpoints.

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America Struggles to Take Its Pigs to World's Biggest Market

Chinese consumers are increasingly hungry for pork. With U.S. imports more expensive because of tariffs, companies around the world see an opportunity for long-term business—and for a fundamental realignment in the global supply chain.

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Malaysia's Petronas Set to Buy 10% Stake in Giant Oman Gas Field

Malaysia’s state oil company has agreed to acquire about a 10% stake in the giant Khazzan natural gas field in Oman, giving Petronas a toehold in one of the biggest fracking projects ever completed outside the U.S.

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China Growth Slows to 6.5%; Finance Officials Try to Soothe Worried Investors

China’s economic expansion slowed to its weakest pace since the financial crisis, as top financial regulators launched an extraordinary coordinated effort to calm jittery investors.

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Tech Startups Stoke Market for IPOs

After years on the stock market’s sidelines, a number of highly valued Silicon Valley companies are gearing up to go public as soon as next year. Among the IPO candidates are ride-sharing companies Uber Technologies and Lyft, and data-mining specialist Palantir Technologies.

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Companies Split on U.S. Exit From Postal Pact Benefiting China

Many American companies applauded the country’s move to pull out of an international postal agreement, but some organizations worried it could crimp the flow of global e-commerce.

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CBS Names Two Showtime Executives to Senior Positions

CBS promoted two executives from subsidiary Showtime to senior leadership positions at CBS as the media company works to remake itself after a recent tumultuous stretch.

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DowDuPont to Record $4.6 Billion Charge as Agriculture Unit Suffers

DowDuPont’s agriculture unit is taking a $4.6 billion charge in the third quarter after the business lowered its long-term expectations on sales and profits, a move that underscores challenges agribusinesses are facing in the Americas.

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StarKist to Plead Guilty in Price-Fixing Probe

StarKist has agreed to plead guilty to a felony antitrust offense for fixing prices on canned tuna and faces a fine of up to $100 million, the Justice Department said Thursday.

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U.S.-Saudi Defense Ties on Track to Weather Controversy

Controversy surrounding the suspected killing of journalist Jamal Khashoggi is unlikely to derail the multibillion-dollar relationship that makes Saudi Arabia a top customer of U.S. defense firms, experts say.

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How Autonomous Vehicles Will Reshape Our World

Self-driving cars are just one piece of the puzzle. Former New York City traffic commissioner Samuel I. Schwartz (aka Gridlock Sam) explains.

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Coca-Cola Shuffles Executives; CEO Names a No. 2

CEO James Quincey promoted company veteran Brian Smith into Coca-Cola’s vacant No. 2 role and disclosed the retirement of finance chief Kathy Waller.

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Signal Search: Cellphone Service After Major Hurricanes

Persistent cellular site outages after Hurricane Michael left many first responders and residents of Panama City, Fla., unable to reach loved ones or those in need of help for several days. Here’s how cellphone service fared after recent major storms that made landfall in the U.S.

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Quarles Backs Fed's Gradual Policy Course

Federal Reserve Vice Chairman for Supervision Randal Quarles reaffirmed the central bank’s gradual monetary policy course, saying policy makers should avoid focusing too much on metrics that come with a high degree of uncertainty.

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Uber Borrows $2 Billion in Debut Bond Sale

Uber Technologies sold its first-ever bonds, issuing $2 billion of debt to fund operations as it prepares for an IPO expected next year.

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5G Has Arrived. It's Been A Long Wait for Ericsson, Nokia.

After years of stagnant sales, the push to build new 5G networks is finally paying off for the world’s telecom-equipment makers.

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Ugh, Green Bubbles! Switching From Apple to Android Is Hard

Apple has erected some high walls around its iPhone users. Those who wish to leave iOS have to do some climbing, and moving out of the iMessage ecosystem takes several steps.

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Opioid Makers Ask Counties for Proof of Harm

As the number of opioid lawsuits against Purdue Pharma and other drug manufacturers reaches 1,500 and counting, the companies are pushing their adversaries to offer specific details to back up their claims.

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U.S. Jobless Claims Dropped Last Week

The number of Americans filing applications for new unemployment benefits fell last week, indicative of a tight labor market in which employers are reluctant to lay off workers.

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Fed's Bullard Says Modernized Taylor Rule Supports No Rate Changes

St. Louis Fed President James Bullard said Thursday that a modernized way of looking at a venerable monetary-policy rule supports his belief that no rate rises are needed right now.

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U.S. Startup Accuses China's Huawei of Trying to Steal Semiconductor Technology

An escalating battle between the U.S. and China for tech supremacy is playing out in federal court between Huawei Technologies Co. and a Silicon Valley startup backed by Microsoft Corp. and Dell Technologies Inc.

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Secretive Data Company Palantir Weighs Giant Public Offering

Data-mining giant Palantir Technologies, one of Silicon Valley’s most secretive companies, is weighing an initial public offering likely to be among the largest in recent years.

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Higher Costs Hit PPG

Paint and coatings maker PPG Industries said higher prices and cost cuts weren’t enough to cover rising expenses for its ingredients.

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Bill Gates: What I Loved About Paul Allen

When other high school kids were sneaking out of the house to go partying, Paul and I would sneak out at night to go use the computers in a lab at the University of Washington, Bill Gates recalls in a remembrance.

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Humans Play a Supporting Role in Facebook's Effort to Fight Fake News

The social network’s algorithms scan billions of posts each day in hopes of flagging misinformation before it goes viral; humans play a supporting role, but in the end they simply can’t keep up.

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Consumer-Goods Giants Ride a Wave of Inflation

Two of the world’s largest consumer-goods companies, Unilever and Nestlé, reported stronger sales as a wave of inflation in many markets emboldened them to raise prices.

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Morgan Stanley Banker's Side Gig Could Land Role on Uber IPO

As Uber’s stock-market debut looms, Morgan Stanley’s top technology banker has taken center stage. He has moonlighted for years as a driver for the ride-hailing service, which may help Morgan Stanley win the coveted role of top underwriter.

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Estée Lauder's Tracey Travis Puts Stock in Developing Talent

The finance chief’s array of experience is shaping how the New York-based cosmetics company attracts and develops finance employees amid stiff competition for talent in a tight labor market.

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Novartis to Buy Cancer-Drug Maker Endocyte for $2.1 Billion

Novartis said it would buy cancer-drug maker Endocyte for $2.1 billion, the Swiss pharmaceutical giant’s latest move to refocus on higher-value medicines.

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Publicis Plans to Sell Part of Health-Care Unit

Advertising giant Publicis Groupe said it plans to sell part of its health-care business as part of a broader review, the latest sign of contraction on Madison Avenue.

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Facebook Finds Hack Done by Spammers, Not Foreign State

The company believes the hackers who accessed 30 million accounts masqueraded as a digital marketing firm and were driven by greed, not ideology.

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MSC Orders Four Luxury Ships; Rooms Cost Up to $14,000 a Week

Swiss-based MSC Cruises is ordering four ultraluxury cruise ships worth $2.3 billion, marking its entry into a growing market that caters to the wealthiest travelers.

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United, Delta Climb on Business-Class Demand

Strong demand for premium travel is helping U.S. carriers like United and Delta offset higher fuel costs.

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Alcoa Raises Profit Outlook as Tariffs Lift Aluminum Prices

Alcoa said higher U.S. aluminum prices from a tariff on imports and rising sales of raw materials needed to make aluminum improved its revenue in the third quarter.

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U.S. Criticizes China's Currency Practices, But Doesn't Add Manipulator Designation

The U.S. Treasury again passed up a formal opportunity to designate China a “currency manipulator,” but singled out the nation’s currency practices as a source of “particular concern.”

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Constellation CEO Rob Sands to Step Down From Corona Brewer

Rob Sands, the third in his family to lead the upstate Victor, N.Y. company, will step aside as chief executive on March 1, entrusting Constellation’s future to one of his lieutenants, Bill Newlands.

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EBay Sues Amazon, Alleging Sellers Were Illegally Poached

EBay.com filed a lawsuit against Amazon.com, accusing the company of illegally poaching sellers on its marketplace via eBay’s internal messaging system.

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U.S. Does Not Name China as Currency Manipulator

The U.S. Treasury again passed up a formal opportunity to designate China a “currency manipulator,” but singled out the nation’s currency practices as a source of “particular concern.”

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U.S. Boosts Credit Line to Mexico in Gesture of Ties

The U.S. is boosting the size of a credit line available to Mexico in times of need, part of a largely symbolic display of close ties as the countries prepare to sign a new version of the North American Free Trade Agreement.

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Trump Seeks 5% Budget Cuts From Cabinet Agencies

President Trump asked each cabinet member to devise proposals to cut their respective department budgets by 5% next year, days after the Treasury Department said the federal budget deficit had widened 17% to $779 billion.

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U.S. Charges Treasury Adviser With Leaking Suspicious Activity Reports

A senior adviser at the U.S. Treasury Department repeatedly disclosed to a reporter information in reports filed by banks about potentially suspicious activity, federal prosecutors said.

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Edward Lampert, the Hedge-Fund Star Who Bet on Sears, Is Unrepentant

He made billions for investors in his ESL Investments fund by bucking naysayers. At the storied American retailer, which filed for bankruptcy this week, his instincts proved wrong.

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Fed Minutes Point to Continued, Gradual Interest-Rate Increases

Federal Reserve officials signaled they see a strong economy justifying continued interest-rate increases and said they will watch for evidence their moves are keeping economic growth on an even keel, minutes of their September policy meeting showed.

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President's Sustained Criticism of the Fed Complicates a Tricky Balancing Act

President Trump’s attacks on the Federal Reserve complicate a series of already challenging decisions facing the central bank.

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Trump Administration Moves to End Deep Discounts for Packages From China

The Trump administration opened a new front in Washington’s economic conflict with China, starting a process to withdraw from a 144-year-old international postal body whose discounts allow Chinese merchants to ship small packages to U.S. customers at steeply discounted rates.

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IBM's Drop in Revenue Drags Stock Lower

Investors drove shares of International Business Machines Corp. lower Wednesday after the company, just three quarters removed from a a nearly six-year string of shrinking revenue, reported a drop in its top line again.

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Ties to Saudi Prince Weigh On SoftBank Fund's Future

Billionaire Japanese tech investor Masayoshi Son and Saudi crown prince Mohammed bin Salman have been mutual supporters and business partners—but the death of journalist Jamal Khashoggi has cast a shadow.

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Fed Minutes Watched for Clues on Further Rate Rises, Economic Outlook

The Federal Reserve releases the minutes of its September meeting later Wednesday, providing more detail about how officials viewed the economy and their plans to raise interest rates.

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Uber Targets Trucking With New Trailer-Rental Business

Uber Technologies, in its ongoing quest to move beyond its unprofitable business of connecting drivers with passengers, is adding a new tractor-trailer rental business to help big-rig truckers haul freight around the country.

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Brexit Provides Early Proof ofDeglobalization'sCosts

Never in the last 70 years has a major economy left a free-trade area. Brexit and its effects on the U.K. are providing the first real-world evidence of the costs that come from undoing the intricate bonds of globalization.

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U.S. Housing Starts Fell in September

U.S. housing starts declined in September, as single-family-home and apartment-building construction dropped from August.

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When Your Day Job Isn't Enough

It used to be that many people had to choose between their creative aspirations and their commitment to a corporate career, but in the era of the side hustle some manage to do both.

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Tastemade Orders Up $35 Million Funding Round, Aims to Cash In on Data

Tastemade, a Santa Monica, Calif.-based digital-video company that pairs bite-sized videos with audience data, has raised $35 million in its latest funding round, the company said.

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Tesla Advances in China, Buying Land Purchase for a Factory

Elon Musk’s electric-vehicle maker is speeding up construction of a plant in Shanghai in response to the U.S.-China trade dispute.

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The Hackers at Your Smart Door: New Cyberdefenses Planned for Connected Devices

Two SoftBank-backed companies are teaming up to thwart hackers pummeling some of the cyberworld’s most vulnerable targets (think lightbulbs and thermostats).

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Elizabeth Warren Takes Aim at Firms That Pulled the Plug on Toys 'R' Us

The decision by five investment companies to pull the plug on a Toys “R” Us reorganization earlier this year is coming under fire from Sen. Elizabeth Warren.

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United Boosts Profit Outlook as Fares Climb

The No. 3 U.S. airline reports revenue growth pushed past higher jet-fuel costs as it increased passenger capacity at its hubs.

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Trump Complains About Rising Interest Rates, Calling the Fed 'My Biggest Threat'

President Trump reiterated his complaints that the Federal Reserve is raising short-term interest rates too fast, calling the U.S. central bank “my biggest threat.”

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Netflix Reports Strong Growth in New Users

Netflix exceeded expectations for adding new subscribers during the third quarter, reporting strong user growth in international markets.

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Advertisers Allege Facebook Failed to Disclose Key Metric Error for More Than a Year

Facebook knew of problems with how it measured viewership of video ads for more than a year before it disclosed them in 2016, according to a complaint filed Tuesday by some advertisers.

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J.B. Hunt Boosts Pay as Trucking Companies Scramble for Drivers

Sharply rising labor costs are making it more expensive for trucking companies to tap into the robust U.S. economy.

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IBM's Revenue Shrinks Again

IBM reported third-quarter revenue that fell 2.1% from a year earlier, snapping a brief return to growth that had ended nearly six years of shrinking sales.

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Postmates Interviews Banks for IPO

Food-delivery company Postmates recently interviewed banks for roles on an initial public offering, which is likely to take place in the first half of 2019.

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Lyft Picks Underwriters for Offering

Ride-hailing firm Lyft recently selected underwriters for an IPO that is likely to take place in the first half of 2019. The firm’s valuation is expected to top the $15.1 billion it was valued at earlier this year.

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Saudi Backlash Threatens U.S. Startups

Silicon Valley faces a potentially unsettling fact following international backlash over Saudi Arabia’s alleged involvement in the possible murder of a journalist: The kingdom is now the largest single funding source for U.S. startups.

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Google Will Charge Phone Makers to Pre-Install Apps in Europe

Alphabet’s Google will start charging device manufacturers fees to pre-install Google apps on devices running the company’s Android operating system in Europe.

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Private-Equity Firm Abraaj Raised Billions Pledging to Do Good---Then It Fell Apart

Western investors piled into the Dubai-based Abraaj Group, whose founder, Arif Naqvi, pledged to make money by helping the poor in developing countries. Now it’s the world’s largest insolvent private-equity firm.

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Omnicom Gets a Boost from Increase in Client Spending

Advertising giant Omnicom Group reported better-than-expected earnings, easing investor concerns over the advertising industry’s ability to weather technological disruption.

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Federal Judge Approves Musk, Tesla Settlements With SEC

A federal judge approved settlements between Elon Musk, Tesla and securities regulators over the chief executive’s August tweet saying he had secured funding to take the auto maker private.

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U.S. Job Openings Topped 7 Million This Summer

American employers had more than seven million unfilled jobs for the first time on record this summer, reflecting a historically tight labor market.

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Industrial Production Rose in September

U.S. industry output rose for the fourth consecutive month in September, boosted by gains in mining.

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Apple 'Deeply Apologetic' Over Account Hacks in China

Apple apologized over the hacking of some Chinese accounts in phishing scams, almost a week after it emerged that stolen Apple IDs had been used to swipe customer funds.

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The New Movie Soundtrack: A Spotify Playlist

Independent movie studio A24 is releasing the music to the new film “Mid90s” as a playlist on Spotify, rather than as an album distributed by a record label.

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Uber Proposals Value It at $120 Billion in Possible 2019 IPO

Uber Technologies recently received proposals from Wall Street banks valuing the ride-hailing company at as much as $120 billion in an initial public offering that could take place early next year.

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Johnson & Johnson Raises Profit Outlook

Johnson & Johnson raised its earnings expectations for the year following strong sales in its third quarter.

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IBM's Nascent Revenue Streak Is at Risk

Here is what to expect from IBM’s third-quarter results Tuesday.

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Audi Settles Diesel Engine Probe for Almost $1 Billion

Luxury car brand has agreed to pay a fine of $927 million to settle a German fraud investigation related to the sale of cars with six- and eight-cylinder diesel engines that contained illegal software to manipulate emissions.

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Sharing More Than Just Rides in Car-Maker Alliances

Auto makers are increasingly partnering with each other and their would-be rivals in Silicon Valley to pursue new ventures in self-driving cars.

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Walmart Cuts Earnings Forecast on Flipkart Deal

Walmart is cutting its earnings targets for the year as part of its purchase of a majority stake in Flipkart.

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Google's CEO Defends Potential Return to China

Google’s chief executive defended his company’s plan to explore a search engine tailored for users in China despite concerns about censorship.

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Biosimilar Humira Goes on Sale in Europe, Widening Gap With U.S.

Cheaper copies of the world’s biggest-selling drug will roll out across Europe after a key European patent for Humira expires, but U.S. patients and insurers will have to wait to access less-expensive versions of the blockbuster drug.

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What's a Service Business? That's Now a Multibillion-Dollar Tax Question

Companies with a 20% tax cut on the line ask the IRS to loosen proposed rules for how much services they can provide before becoming a service business.

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UnitedHealth Raises Profit Outlook on Strong Quarter

UnitedHealth Group raised its full-year earnings outlook as the company continued to see growth in health-care plan membership and premiums.

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Hollywood Talent Agency Seeks to Cancel Investment From Saudi Arabia

Endeavor, once known as William Morris, is trying to terminate a $400 million investment from the Saudi Public Investment Fund. The move follows the disappearance of journalist Jamal Khashoggi.

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Brexit Could Press European Companies to Move Financial Contracts

European companies could be forced to move financial instruments worth billions of euros as Britain prepares to leave the European Union.

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Microsoft Co-Founder Paul Allen Dies at 65

Microsoft co-founder Paul Allen, who helped pioneer the personal-computer industry, died just two weeks after revealing that a cancer he successfully received treatment for several years ago had returned.

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Drug Industry Pushes Back Against Required Listing of Prices in TV Ads

The pharmaceutical industry is signaling resistance to a Trump administration plan to require that the list price be included for most drugs in television ads, setting the stage for a protracted fight over a proposal with broad bipartisan support.

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Climate Change Holds Risks for Beer Makers, Too

Big brewers are taking steps to maintain supplies of barley, the main crop used in beer, amid climate change. A new study suggests their preparations might not be enough.

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U.S. to Blame for Weaker China Currency

If the Chinese yuan is being manipulated, it is arguably because China is keeping it strong while the U.S. dollar rallies against an array of emerging-market currencies.

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Steelworkers, U.S. Steel Reach Tentative Contract Agreement

The United Steelworkers union has struck a tentative agreement for a new labor contract with U.S. Steel Corp.

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U.S. Government Deficit Grew 17% in Fiscal 2018

The federal deficit widened last year amid higher government spending—including rising interest costs on the debt and increased funding for the military—and flat revenues following last year’s tax cut.

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U.S. Tax Changes Hit Global Investment Flows

Global business investment flows fell sharply in the first six months of the year, as U.S. companies repatriated profits in response to changes in the country’s tax law, the United Nations said.

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Yellen Calls Trump's Attack on Fed Counterproductive

Former Fed Chairwoman Janet Yellen said President Trump’s attacks on the central bank could be counterproductive if they cause investors to doubt the Fed’s commitment to keeping inflation in check.

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Google Pixel 3 Review: This Phone Upgrades the Whole Android Universe

The Pixel 3 is Google’s best Android device on the market, even beating the iPhone in a number of important ways. Its processor is fast, screen is vivid and colorful and the camera is better than ever, especially for selfies.

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How Robots and Drones Will Change Retail Forever

What if you could store and deliver goods as easily as data? Amazon, Walmart and others are using AI and robotics to transform everything from appliance shopping to grocery delivery. Welcome to the physical cloud.

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U.S. Retail Sales Rise Slightly in September

American consumers increased their spending only slightly in September, undershooting economists’ expectations for a strong gain.

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Delta Signs Up as First Big U.S. Customer for Airbus Data-Tracking System

Delta Air Lines has agreed to join an Airbus data-analysis network that crunches real-time information about airplane components to spot problems early and improve operations.

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Attention Shoppers: The Background Music You Hear May Not Be Licensed

Businesses that play music from consumer streaming services like Spotify are underpaying by as much as $2.65 billion, a new study estimates.

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Superdry Loses Its Cool as Heatwave Hits Sales

Shares in Superdry plunged more than 20% after the British clothing brand warned hot weather in Europe and the U.S. had hit demand for its jackets and sweats.

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Chinese Drugmaker's IPO Tests a Slumping Biotech Market

A Chinese cancer drug developer is pushing ahead with an initial public offering in Hong Kong, despite a global markets rout and the recent poor performance of other biotechnology startups that have listed in the city.

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Porsche Slams the Breaks on IPO Speculation

Porsche reined in its finance chief after he fueled speculation that the company was discussing a potential listing of a super luxury group combining Porsche, Lamborghini, Bugatti and Bentley that could value the group at up to $81 billion.

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Saudi's Economic Dreams Falter as Executives Quit Conference

JP Morgan CEO James Dimon, Laurence Fink of BlackRock and Stephen Schwarzman of Blackstone are the latest Western executives to pull out of Riyadh’s premier business conference following accusations that the Saudi government ordered the killing of dissident journalist Jamal Khashoggi in Istanbul.

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Robot Solves a Problem That Kids Can't: Cleaning Their Rooms

A startup that has drawn investment from Toyota showed off a robot that can pick up toys and clothes off the floor and put them in their proper places.

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Can Netflix Avoid Another Earnings Miss?

On Tuesday, when Netflix reports third-quarter earnings, the streaming company will get to prove to investors that its earnings miss last quarter was just a passing blip. If it misses again, though, the tide of opinion may turn.

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Carl Icahn to Oppose Dell's Purchase of DVMT Tracking Shares

Carl Icah revealed an 8.3% stake in DVMT and says he plans to vote against Dell’s plan to buy the stock as part of a deal intended to return Dell to the public markets.

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A Drama CBS Can't Cancel---the One in its Boardroom

CBS sought to turn the page on upheaval when Leslie Moonves stepped down as chairman and chief executive. Instead, the boardroom drama continued.

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Companies With Newly Flush Pensions See Chance to Unload the Risk

U.S. corporate pensions are at their highest funded level since the financial crisis, which could lead more companies to turn over to insurers the responsibility for paying retirees, pension consultants say.

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Sears Files for Chapter 11 Bankruptcy

Sears filed for bankruptcy protection from creditors, marking the collapse of a company that dominated American retailing for much of the 20th century.

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JPMorgan CEO Backs Out of Saudi Business Conference

James Dimon has decided not to attend Saudi Arabia’s marquee business conference amid questions about the disappearance of journalist Jamal Khashoggi.

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Fiber Damage Vexes Verizon After Hurricane Michael

Hurricane Michael has caused extensive damage to the fiber that underpins Verizon’s wireless network, hurting efforts to restore service.

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Global Economy Week Ahead: Consumer Spending, Fed Minutes

The week ahead will feature September consumer spending data and China’s economic growth figures. The Fed also releases minutes from its Sept. 25-26 meeting.

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China's Most Popular Liquor Has Western Aspirations

A producer of baijiu, a high-alcohol beverage favored by the Chinese, hopes it will become trendy among Americans.

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