Apple Investigated Possible Business Misconduct in Its Supply Chain

Apple conducted an investigation earlier this year into possible business misconduct within its supply chain—including possible kickbacks and bribes—rattling some of the tech giant’s suppliers and staff in China.

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Marriott Says Up to 500 Million Affected by Starwood Breach

Marriott, the world’s largest hotel company, said it identified a data breach in its Starwood reservation system that may have exposed the personal information of up to 500 million guests.

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In GE Probe, Ex-Staffers Say Insurance Risks Were Ignored

Former GE employees said federal investigators are questioning them about intricate details in a legacy insurance business that led to accounting problems at the conglomerate.

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Nissan Cancels Electric-Car Debut Amid Turmoil

Nissan canceled the debut of its upgraded Leaf electric-car line at the Los Angeles Auto Show amid turmoil resulting from the alleged financial misconduct, arrest and firing of former chairman Carlos Ghosn.

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United Reaches Deal on Avianca Loan, Partnership

United has sealed a deal to partner with Avianca, one of the largest carriers in Latin America, with an unusual agreement to pay off debt owed to a hedge fund.

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House GOP Works Against Clock on Tax Bill

House Republicans are struggling to advance their package of fixes for last year’s tax overhaul, with just a few legislative days to go until they relinquish the majority.

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Trump Sets Sights on China After Completing New Nafta

President Trump, after arm-twisting Mexico and Canada to update the region’s free-trade zone, will now turn his attention to the greater challenge of winning concessions from Chinese President Xi Jinping.

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Best-Run U.S. Companies of 2018---and How They Got That Way

Apple leads the pack, followed by fellow tech giants Amazon and Microsoft, in the Drucker Institute’s second annual Management Top 250 ranking.

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As Retailers Spread Out Holiday Sales, Congested Parcel Networks Catch a Break

Retailers and consumers are spreading out the cycle of promotions and buying binges that have marked the holiday sales season, giving some relief to parcel networks that have gotten jammed up by big order surges in orders from events like Black Friday.

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New York City Council to Host Hearings on Amazon's HQ2 Deal

Members of the New York City Council will host a trio of hearings to grill city officials and Amazon.com about the closed-door negotiations that led to the tech giant agreeing to build its second headquarters in Queens.

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Honeywell to Move Headquarters Out of New Jersey, Despite Deal for Tax Credit

Honeywell is moving its headquarters from Morris Plains, N.J., to Charlotte, N.C., three years after it struck a deal for a $40 million tax credit to stay in the Garden State.

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Robot Reality Check: They Create Wealth---and Jobs

The fear that robots are coming for our jobs is according to economists the opposite of the truth: Workforces in countries with more robots fare better.

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Aiming to Write a Best Seller? Timing Helps

Book sales boom in December, and in the lean months following the holiday peak, even modest sales can catapult a book onto the best-seller list.

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Kathy Ireland Taps Warren Buffett for Advice on Business---and Tossing Newspapers

The model-turned-entrepreneur on what she looks for in her personal advisers: “I want to be with people that will push me to do better. I want to hear what’s not working,” Ms. Ireland says. “That’s how we grow.”

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GE Bonds Rebound as Bargain Hunters Swoop In

General Electric bonds rebounded sharply in recent days, easing some of the losses debt investors have taken as doubts about the conglomerate’s financial stability spread through financial markets.

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Chinese Scientist Claims World's First Genetically Modified Babies

A Chinese scientist claims to have produced the world’s first genetically modified babies, stirring alarm among doctors who warn such experiments using nascent DNA-editing technology pose too many health and ethical risks.

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Lettuce ProducersPrepare Labeling Changes in Response to NewE. Coli Outbreak

Major U.S. lettuce producers are preparing to change how they label romaine lettuce as the latest E. coli outbreak shuts down the market for the leafy salad green.

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Airbnb Hires New CFO From Amazon

Airbnb has hired another executive from Amazon.com, this time naming Dave Stephenson as chief financial officer of the vacation-rental portal ahead of its potential public offering.

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AT&T Plans 3-Tiered WarnerMedia Streaming Service to Take On Netflix

AT&T, trying to reassure investors it can capitalize on its big acquisition of Time Warner, plans to offer three versions of a new streaming video service next year that will feature original movies and television series from Warner Bros., Turner and HBO.

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Factory Shutdown Plans Give GM Leverage in Labor Talks

General Motors’ plans to shut down several U.S. factories will give the Detroit car maker a bargaining chip that it can use next year in contract talks with the United Auto Workers union to extract concessions on wages and other benefits.

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J. Crew Scraps Cheaper Brand, Putting Deal With Amazon in Doubt

J. Crew will discontinue budget clothing line Mercantile—the only brand it sells on Amazon—and shut down the newly launched brand Nevereven, according to an internal company memo.

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Amazon Makes Inroads Selling Medical Supplies to the Sick

A growing number of U.S. doctors can direct patients to Amazon.com Inc. to buy medical supplies via an app embedded in patients’ private medical record—a change that raises privacy concerns.

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HP Profit Surges as PC Business Remains Strong

An upswing in the personal-computer market helped HP Inc. more than double its profit in the latest quarter, and the company signaled strong growth in technology spending from corporate clients and consumers in 2019.

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Fed Minutes Signal December Rate Increase Likely, But Less Certain Path Next Year

Federal Reserve officials signaled plans to raise interest rates next month, but they appeared more tentative about the pace of increases after that, minutes of the central bank’s recent policy meeting show.

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President Trump Bashes the Fed. This Is How the Fed Chief Responds.

Jerome Powell’s playbook includes making allies outside the Oval Office, never talking politics and sticking to the economy.

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Jobless Claims Increased Last Week

The number of Americans filing applications for new unemployment benefits rose last week, but remained at a low level indicative of a tight labor market.

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U.S. Consumers Step Up Spending to Start Fourth Quarter

American household incomes grew solidly in October, which consumers cheered with higher spending, a sign they could drive economic growth despite concerns about the global economy and U.S. financial markets.

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White House to Hold Roundtable With Tech Executives

The Trump administration will hold a roundtable on innovation with top tech executives, a move that marks an easing of tensions between the White House and big Silicon Valley firms.

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Bayer to Cut 12,000 Jobs, Shed Coppertone and Dr. Scholl Brands

Germany’s Bayer said it would cut 12,000 jobs and sell its animal-health business, Coppertone sunscreens and Dr. Scholl’s foot-care products in an effort to win back investors’ trust after a string of setbacks.

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Falling Crude Prices Test Big Oil's New Financial Discipline

Years of painful restructuring have left big oil companies better positioned to handle the recent decline in oil prices, but another prolonged downturn could reinforce financial discipline that has already led to concerns about underinvestment.

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Prized 'Rare Earth' Minerals Feel the Scorch of Tariffs

The only mine in the U.S. that produces “rare earth” minerals— needed to make smartphones, electronics and military gear—is bolstered by national-security policy but slammed in Trump’s trade fight with China.

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Mic Network Sold for About $5 Million

Digital publisher Mic Network has agreed to sell itself to women-focused publisher Bustle Digital Group for about $5 million, according to a person familiar with the matter—a fraction of Mic’s valuation less than two years ago.

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Renault, Nissan and Mitsubishi Commit to Alliance

Renault, Nissan and Mitsubishi said they were committed to their globe-spanning auto alliance as senior executives from all three met formally for the first time since the arrest of Carlos Ghosn, the partnership’s prime architect.

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Unilever Names New CEO as Big Brands Regroup

Unilever, the maker of Hellmann’s mayonnaise and Dove soap, named Alan Jope to replace longtime Chief Executive Paul Polman as it, like the rest of the industry, struggles to navigate a sharp shift in consumer tastes.

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SEC to Take Up Trump's Request on Quarterly Reports

Securities regulators plan to explore changes for public companies’ quarterly earnings reports, following President Trump’s summer request for them to take up the issue.

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IBM CEO Criticizes Big Internet Platforms for Mishandling Customers' Data

IBM CEO Ginni Rometty attacked big internet platforms for mishandling customers’ data and endorsed some EU efforts to police the web.

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How a History of Discord Fuels Today's U.S.-China Trade Tensions

As President Trump and President Xi Jinping prepare for a summit meeting this week, their trade dispute recalls one from a quarter-century ago between China and the first Bush administration.

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China Works to Look Open to Foreign Business as G-20 Summit Nears

In its latest move in recent weeks to show it’s a friend of foreign businesses, China paved the way for German insurer Allianz SE to establish the country’s first wholly foreign-owned insurance holding company.

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GE Bonds Rebound as Bargain Hunters Swoop In

General Electric bonds rebounded sharply in recent days, easing some of the losses debt investors have taken as doubts about the conglomerate’s financial stability spread through financial markets.

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Chinese Scientist Claims World's First Genetically Modified Babies

A Chinese scientist claims to have produced the world’s first genetically modified babies, stirring alarm among doctors who warn such experiments using nascent DNA-editing technology pose too many health and ethical risks.

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Lettuce ProducersPrepare Labeling Changes in Response to NewE. Coli Outbreak

Major U.S. lettuce producers are preparing to change how they label romaine lettuce as the latest E. coli outbreak shuts down the market for the leafy salad green.

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Airbnb Hires New CFO From Amazon

Airbnb has hired another executive from Amazon.com, this time naming Dave Stephenson as chief financial officer of the vacation-rental portal ahead of its potential public offering.

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Altria in Talks to Take Significant Minority Stake in Juul Labs

Altria is in talks to take a significant minority stake in e-cigarette startup Juul, a move that could give the Marlboro maker greater access to a rapidly growing but increasingly controversial segment of the nicotine market.

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Get Paid Well But Don't Let It Show? Nissan Probe Reveals Contours of Ghosn Case

Carlos Ghosn amassed IOUs for more than $80 million in deferred pay while at Nissan Motor, according to a company probe into the former chairman, who is in jail in Tokyo awaiting charges.

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U.S. Brands Squeeze Chinese Suppliers as Tariffs Start to Bite

Big American retailers are getting tough with Chinese suppliers as import tariffs start to hurt, cutting orders, negotiating down prices and demanding faster turnarounds.

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Facebook Considered Charging for Access to User Data

Facebook considered charging third parties for access to user data several years ago, company emails show. Such a move would have departed from its policy against selling such data, court filings in a lawsuit against the company indicate.

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New Parents Complain Amazon Baby-Registry Ads Are Deceptive

Sponsored ads on Amazon’s baby registries are leading the family and friends of new parents to make purchases of unwanted gifts.

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'Bring Me Tariffs'---How Trump and Xi Drove Their Countries to the Brink of a Trade War

The drama escalated this year in the corridors of power in Washington and Beijing, with both maneuvering—and often miscalculating. The two presidents are set to meet this weekend, carrying with them months of distrust, miscommunication and failed negotiations.

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Trump Says GM Plant Closings May Justify New Car Tariffs

President Trump said GM’s plan to close several U.S. factories has prompted him to take an urgent look at imposing new tariffs on imported cars.

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Fed Chairman Says Interest Rates Are Just Below Estimates of Neutral

Federal Reserve Chairman Jerome Powell said that interest rates are “just below” a broad range of Fed officials’ estimates of a level considered neutral, a setting designed to neither speed nor slow growth.

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Slowing Global Economy Weighs on U.S. Profits, Trade

Overseas profit growth at American firms is slowing, a new sign of how the faltering global economy is reverberating back to the U.S.

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October New-Home Sales Are Hit by Sharpest Drop Since 2017

Rising mortgage rates, higher material and labor prices, as well as a tax law passed in 2017 contributed to the lackluster performance in the segment of the housing market that helps drive economic growth through construction work.

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It's Time for Your Job Interview. You'll Be Talking to Yourself

In an ultratight labor market, more employers are rolling out automated, one-sided phone interviews.

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Celebrities Are Upending the $52 Billion Beauty Industry

Independent beauty brands including Glossier and Kylie Cosmetics are revving up sales growth, wooing millennials and younger consumers by offering new products and using social media.

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CVS Completes $70 Billion Acquisition of Aetna

CVS Health completed its nearly $70 billion acquisition of Aetna, forging a new industry giant and starting the clock ticking on ambitious goals of curbing health-care costs and improving consumers’ experience.

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Consumer Beware: With Less Trade Comes Less Choice

The shift in the U.S. compact-car market, where imports thrive as domestic brands like the Chevrolet Cruze meet their demise, is the result of the great value that consumers place on variety.

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U.S. Targets Iranian Hackers for Laundering Bitcoin

The U.S. Treasury Department imposed sanctions on two Iranian men the administration said laundered ransomed bitcoin from a major cyberattack that hit U.S. cities, hospitals and other critical networks.

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Mnuchin Backs Off Tweet Criticizing GM Over Layoffs

Steven Mnuchin said an unauthorized individual was responsible for retweeting a statement calling on GM to repay the government billions of dollars it received as part of the 2008 auto industry bailout.

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UPS Passes Early Holiday-Season Test

The package-delivery company delivered 98.3% of parcels shipped during Thanksgiving week on time, according to ShipMatrix, which analyzes shipping data.

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Dick's Sporting Goods Sales Hit by Tougher Stance on Guns

Dick’s Sporting Goods Inc. is paying a price for its decision earlier this year to stop selling guns to people under 21 as sales continued to sag in its latest quarter.

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Fiat Chrysler Unveils Jeep-Branded Pickup

Fiat Chrysler is doubling down on its two strongest product lines—SUVs and trucks—with a new Jeep-branded pickup that targets a U.S. midsize-truck market it abandoned seven years ago.

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Smucker's Pet Foods Lag Behind Expectations

J.M. Smucker Co. lowered its sales outlook for the year after a disappointing quarter for the pet foods it is counting on to drive growth.

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Big Tech Expands Footprint in Health

Amazon.com has begun to sell software that mines patient medical records for information doctors and hospitals could use to improve treatment and cut costs, the latest move by a big technology company into the health-care industry.

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Trump Threatens to Cut GM Subsidies

President Trump threatened to cut subsidies for General Motors, including for electric cars, a day after the company said it was planning to cut up to 14,800 jobs in the U.S. and Canada and end production at several North American factories.

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Microsoft Closing In on Apple as World's Most Valuable Company

Microsoft briefly eclipsed longtime rival Apple as the world’s most valuable company, before a late rally by the iPhone maker kept it in the top spot.

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Lion Air Crash Investigators Focus on Maintenance Problems

Clues gathered by investigators are increasingly pointing to a potential maintenance error suspected of touching off the rapid sequence of events leading up to last month’s Lion Air jet crash, which killed 189 people.

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Campbell Zeroes In on Ex-Pinnacle Foods Chief Mark Clouse for CEO Job

Campbell Soup Co. is zeroing in on food-industry veteran Mark Clouse as the leading candidate to be its next chief executive, according to people familiar with the search.

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Fed Enters a New, Less Predictable Policy-Making Phase

The central bank will be deciding whether and when to raise interest rates more on the basis of the economy’s latest signs—such as in inflation, unemployment and growth—and less on the long term.

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Fed Vice Chairman Signals Another Interest-Rate Increase in December

Federal Reserve Vice Chairman Richard Clarida said the central bank would keep raising short-term interest rates gradually, a hint that another rate increase is coming in December.

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U.S. Consumer Confidence Slips From 18-Year High

A measure of confidence among American households fell in November from an 18-year high, driven down by weaker expectations for the economy.

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Why GM Is Likely to Keep Producing in China Despite Trump's Pleas

President Trump says he wants General Motors to stop building cars in China, its biggest market. That would make GM—already plagued by weak sales in the U.S.—vulnerable to setbacks in China too.

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Kudlow Voices Skepticism Over U.S.-China Trade Meeting

White House adviser Larry Kudlow voiced skepticism over this coming weekend’s meeting between President Trump and Chinese President Xi Jinping, suggesting the leaders may not be able to resolve their trade fight.

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Backlog and Revenue Growth Power Salesforce Results

Salesforce.com gave a rosy outlook for sales in the current quarter and forecast growth ahead in the coming fiscal year.

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Under Armour CEO Pledges to Improve Company's Culture

Under Armour CEO Kevin Plank said he would take steps to improve the apparel company’s culture after a recent Wall Street Journal article described practices that women at the company found demeaning.

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Drugmakers Gain More Access to China, but at a Price

China is approving foreign drugs at a record pace, opening the door to its lucrative market for the world’s leading pharmaceutical companies.

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Home-Price Gains Continue to Slow in September

Home-price gains slowed in September for the sixth consecutive month, another sign that rising mortgage rates are helping sap the momentum out of the housing market.

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Charities Expect Tax-Driven Dip in Giving

The tax law pushed millions of upper-middle-class households from itemizing deductions into a larger standard deduction. That shift could change the annual pattern of December donations that charities count on.

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GM Closings Are a Fresh Sign of Worry for Economy

Few economists see a recession, but the car maker’s announcement it will cut up to 14,800 jobs comes as other indicators hint at a slowdown in growth.

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Nissan and Renault's Alliance Faces Biggest Test Yet---Without Its Architect

Executives from Renault and Nissan will convene Thursday for a meeting that will test the solidity of their two-decade alliance—and whether the smaller French company can keep the upper hand.

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Black Friday Loses Its Appeal for Some Shoppers

Thanksgiving and Black Friday brought out about 5% fewer shoppers to stores and websites compared with last year, early data show, though the retail industry expects sales to advance nearly 4.8% for the season.

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Tiger Woods Signs Deal With Golf Streaming Service

The star golfer agreed to create a range of programming and content on GolfTV, the live and on-demand streaming service Discovery and the PGA Tour will launch in January.

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Unilever Looks to Acquire GlaxoSmithKline's Nutrition Business

Unilever PLC is in talks to acquire GlaxoSmithKline PLC’s nutrition business, people familiar with the matter said, a deal that would hand the consumer-goods giant one of India’s best-known brands.

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Amazon, With Little Fanfare, Emerges as an Advertising Giant

Its push is happening online, on devices such as FireTV and on delivery boxes, challenging the big ad sellers, including Facebook, Google and TV networks. Marketers are conflicted between wanting the company’s data and fearing it as a competitor.

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AT&T Golf Telecast Tops Expectations

Sign-ups for “The Match,” which pitted Tiger Woods against Phil Mickelson, may reach one million across multiple pay-TV providers.

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Trump Tells GM to Open Ohio Plant and Stop Output in China

General Motors plans to cut up to 14,800 jobs and end production at certain plants, marking the auto maker’s first significant downsizing since bankruptcy as it tries to adjust to lower demand for passenger cars. President Trump said GM should stop making cars in China and make them in the U.S. instead, in an exclusive WSJ interview.

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United Tech to Break Itself Into Three Companies

The industrial conglomerate has decided to separate itself into three independent companies, breaking apart one of America’s last industrial conglomerates.

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Carlos Ghosn Was Too Powerful, Nissan's CEO Says

Nissan Motor’s chief executive told employees Carlos Ghosn had too much power as chairman, highlighting the tension welling up between the two men before Mr. Ghosn’s arrest a week ago. The fallout spread Monday as Mr. Ghosn was ousted as chairman of Nissan partner Mitsubishi Motors.

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UPS's Holiday Wish: Handling the Delivery Surge

UPS is hoping that billions of dollars in system improvements this year will help it avoid shipping problems during the online shopping surge of the holiday season.

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Oil's Fall Threatens U.S. Shale Drillers

Plunging oil prices once again threaten to force American shale drillers to pull back on production, just as they were preparing to unleash a flood of crude.

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The U.S. Housing Boom Is Coming to an End, Starting in Dallas

Dallas is housing’s “canary in the mine shaft.” Homes are taking longer to sell, bidding wars are rarer and price cuts are more common as buyers absorb the impact of higher mortgage rates.

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U.S.-China Trade Fight Risks Fragmenting Global Market, Says Beijing Ambassador

The trade fight between the U.S. and China risks fragmenting the integrating global market, China’s ambassador to the U.S. Cui Tiankai said in an interview. He was speaking ahead of the summit meeting between President Trump and President Xi Jinping in Buenos Aires later this week.

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France and Germany Step In to Circumvent Iran Sanctions

France and Germany have joined forces to rescue a European effort to create a payments channel to keep trade flowing with Iran, defying U.S. attempts to take the air out of the plan, senior diplomats said.

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FDA Is Revamping Clearance Procedures for Medical Devices

The Food and Drug Administration is significantly revamping the way it clears most medical devices for U.S. marketing, planning to rely far less on comparisons with much older products already on the market.

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It's Official: China's E-Commerce King is a Communist

China’s E-Commerce king, Jack Ma, was identified as a Communist Party member by the People’s Daily in a list of people credited with helping modernize China’s economy.

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IBM CEO Criticizes Big Internet Platforms for Mishandling Customers' Data

IBM CEO Ginni Rometty attacked big internet platforms for mishandling customers’ data and endorsed some EU efforts to police the web.

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How a History of Discord Fuels Today's U.S.-China Trade Tensions

As President Trump and President Xi Jinping prepare for a summit meeting this week, their trade dispute recalls one from a quarter-century ago between China and the first Bush administration.

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China Works to Look Open to Foreign Business as G-20 Summit Nears

In its latest move in recent weeks to show it’s a friend of foreign businesses, China paved the way for German insurer Allianz SE to establish the country’s first wholly foreign-owned insurance holding company.

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GE Bonds Rebound as Bargain Hunters Swoop In

General Electric bonds rebounded sharply in recent days, easing some of the losses debt investors have taken as doubts about the conglomerate’s financial stability spread through financial markets.

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Chinese Scientist Claims World's First Genetically Modified Babies

A Chinese scientist claims to have produced the world’s first genetically modified babies, stirring alarm among doctors who warn such experiments using nascent DNA-editing technology pose too many health and ethical risks.

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Lettuce ProducersPrepare Labeling Changes in Response to NewE. Coli Outbreak

Major U.S. lettuce producers are preparing to change how they label romaine lettuce as the latest E. coli outbreak shuts down the market for the leafy salad green.

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Airbnb Hires New CFO From Amazon

Airbnb has hired another executive from Amazon.com, this time naming Dave Stephenson as chief financial officer of the vacation-rental portal ahead of its potential public offering.

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A Warming Climate Brings New Crops to Frigid Zones

Longer growing seasons are helping lead northern farmers to plow up forests and plant crops such as corn and soybeans that were once hard to grow in their chilly territories, helping drive up land prices. ‘We’re seeing crops grown in places they’ve never grown before.’

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Store Traffic Falls Again on Black Friday but Not All News Is Bad

A surge in online shopping and higher spending by low-income Americans gave a lift to the start of the holiday season, even as initial reports showed foot traffic to traditional stores continued its long decline.

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Possible Ghosn Defense: He Didn't Think He Needed to Report Deferred Pay

Carlos Ghosn received tens of millions of dollars in deferred compensation at Nissan Motor and told colleagues that he was acting appropriately when he didn’t report that money in financial disclosures.

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Tesla Is the Hot Spot for Young Job Seekers

A job offer from electric-car maker Tesla is a career break that appeals to newly minted engineers and ambitious young workers, despite the long workweeks, frenzied pace and legal tussles with securities regulators.

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Facebook's Latest Headache Is a Bikini App That Shut Down in 2015

A British lawmaker is considering making public documents from a 2015 lawsuit that a small app developer filed against Facebook over how the social-media giant restricts access to user data.

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Campbell Soup and Third Point Near Deal to Settle Proxy Fight

Campbell Soup Co. and Third Point LLC are nearing a settlement that would end their high-profile proxy fight, according to people familiar with the matter.

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Bayer Pursued Monsanto Deal Despite Top Executive's Concern

Marijn Dekkers in his waning days as Bayer CEO kept his distance from the company’s bid for Monsanto, now the target of thousands of weedkiller lawsuits that are weighing heavily on Bayer’s shares.

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Venezuela Strikes Deal to Save Citgo From Seizure

Venezuela has struck a $1.4 billion deal to retain control of Citgo Petroleum Corp., the latest settlement that keeps the country’s U.S. crude refineries from falling into the hands of creditors.

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Global Economy Week Ahead

The U.S. will see the second reading of third-quarter economic growth, October new-home sales data and personal-income figures. China will also release data on factory activity.

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Your Smart TV Is Only Going to Get Dumber

Connected TVs dominate the market, but most don’t keep up with app updates: You shouldn’t have to replace a great TV when the only thing broken is your Hulu app.

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'Ralph Breaks the Internet' Leads Thanksgiving Box Office

Sequels “Ralph Breaks the Internet” and “Creed II” led the box office to robust holiday weekend returns.

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Toys 'R' Us Gears Up for Holiday Sales---in Asia

Toys ‘R’ Us staff are filling shelves this holiday season at hundreds of stores across Asia, where the brand has been given new life after being sold off by the bankrupt American toy retailer.

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The Plymouth Colony and the Business Case for Gratitude

Beneath the trappings of food, family and often-forgettable football games, Thanksgiving is really a management story, a case study in how extraordinary leaders build happy, productive teams.

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Facebook and the Founder's Dilemma

Mark Zuckerberg has held on as CEO of the company he created, but how long should he stay? Few companies have the right answer.

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Second-Tier Cities Boast First-Rate Job Figures

Amazon.com Inc.’s decision to locate new headquarters in the New York and Washington regions highlighted an ongoing shift of economic might toward big coastal power cities. But second-tier cities are thriving, and by some measures they are doing even better than their bigger rivals.

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Refunds Promised After AT&T Bungled Streaming of Woods vs. Mickelson Golf Match

AT&T and three other big television distributors said Saturday they would refund customers who paid to watch a showdown between Tiger Woods and Phil Mickelson after AT&T flubbed its live stream of the event.

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Your Snack's Crunch Is Cloud-Verified

An Australian snack maker is working with Microsoft to test a cloud-connected moisture-reading device, in an effort to tighten quality controls in a competitive snack-food market where ‘the crunchier, the better.’

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Retail Stores Win Back Shoppers, Not Profits

Low unemployment and rising wages are giving shoppers an extra reason to make the annual pilgrimage to the mall on Black Friday, but below that cheerful veneer, chains from Walmart to Macy’s are struggling with rising costs as more shopping shifts online.

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A Family Feud Threatens Campbell's Dynasty

An activist hedge fund seeks to oust five soup company directors and install its own, in a tug of war for control among warring heirs who were once allies.

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United Technologies Gets China's Approval for Rockwell Collins Deal

Chinese regulators have approved United Technologies’s takeover of airplane-parts maker Rockwell Collins, removing the final hurdle for a $23 billion combination that was struck more than a year ago.

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Lavish Expense Accounts Can Make or Break a CEO

One of the biggest perks of being a high-level executive is a flush expense account. But allegations of misusing it can quickly undo a career.

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SteelTariffs and Hot Economy Take Toll on Infrastructure Projects

State and local governments could have to pay millions more to finance projects as the Trump administration’s steel tariffs, combined with a strong economy and a tight labor market, push up construction costs.

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Congress Readies to Deal With Tax Provisions

Expired tax breaks and technical fixes are among provisions that could get wrapped into year-end legislation.

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Canada Inflation Accelerated in October, But Interest-Rate Path Looks Unchanged

Inflation in Canada accelerated unexpectedly in October—beating market expectations, but leaving the outlook for the Bank of Canada’s interest-rate path largely unchanged.

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Mexican Growth Accelerates as Peña Nieto Heads for Exit

Mexico’s economic growth picked up steam in the third quarter, the last complete quarter of President Enrique Peña Nieto’s administration, with gains in manufacturing exports and services.

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Google and Facebook Suffer Ad-Platform Glitches

Google Display & Video 360, widely used by online advertisers, became the second major platform to experience an outage during a key shopping week, after Facebook’s Ad Manager suffered technical problems on Tuesday.

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U.S. Push on Huawei Ripples Through Markets

ZTE shares fell sharply and Chinese stocks retreated more broadly as news that the U.S. was discouraging sales of Chinese telecoms gear abroad exacerbated trade concerns.

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Food Distributors Make Changes as Costs Bite

Rising operational costs are pushing food distributors to streamline their businesses, in some cases using technology to become more efficient.

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Streaming Sports Service DAZN Aims to Introduce Ad Model Without All the Repetition

DAZN, the ad-free sports-streaming service led by former ESPN President John Skipper, aims to score digital rights to major U.S. sports in the coming years and to introduce ad models much sooner to help pay for it.

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Chinese Online Retailers Stop Selling Dolce & Gabbana After Racism Uproar

Some of China’s biggest online retailers have pulled Dolce & Gabbana products from their websites as a backlash mounted against the luxury brand over promotional videos that have been widely criticized as racist.

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Infant-Sleep Deaths in Focus in Fight Over Consumer-Safety Agency

Inclined sleepers like the Fisher-Price Rock ’n Play have been involved in at least 30 deaths since 2005 and have become the focus of a battle over how strongly federal consumer-safety regulators should act.

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The Future of Lunch Delivery Looks Like a Giant Roomba

In Beijing, a lunch-delivery robot demonstrates a future where robots work alongside humans doing the mundane tasks that dot everyday life.

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Overstock's Founder Bets on Blockchain, Not Bedsheets

Overstock.com’s CEO doesn’t care that his blockchain-based trading system is burning through money. He remains a true believer in the technology—and its potential for multibillion-dollar returns.

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'I Found This Very, Very Violent.' Carlos Ghosn's Arrest Tests Nissan-Renault Relationship

While the auto industry star is in detention in Tokyo, the global auto alliance he ran is showing signs of strain and conflict.

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Nissan Probe Alleges Ghosn Used Company Money to Buy Homes, Enrich His Sister

Nissan Motor’s board voted unanimously to oust Chairman Carlos Ghosn from his post, and allegations emerged that Mr. Ghosn used company money to buy personal residences and pay his sister for work she didn’t perform.

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Washington Asks Allies To Drop Huawei

The U.S. government has launched an outreach campaign to foreign allies to persuade wireless and internet providers there to shun telecom equipment from China’s Huawei Technologies Co., people familiar with the situation say.

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Retail's Survivors Get a Lift

The downfall of Sears and Toys “R” Us is delivering a silver lining to surviving chains, which are picking up business from displaced shoppers.

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Headed to Mars: A Big Experiment in Tiny Satellites

Two briefcase-sized spacecraft known as CubeSats are on an interplanetary journey to Mars, the vanguard of what satellite designers hope one day will be swarms of tiny probes prowling the solar system.

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BP Starts Production at Massive North Sea Oil Development

BP has begun production from one of the U.K.’s biggest new oil developments in decades, completing a project seven years and billions of dollars in the making.

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Soros Philanthropy President Calls for U.S. Lawmakers to Review Facebook

The president of George Soros’s philanthropy called for oversight of Facebook by U.S. lawmakers after the social-media company confirmed it hired a controversial public-relations outfit to research the billionaire financier.

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Global Selloff Tests Changed Credit Market

Corporate bonds have taken a beating in November, adding to an already difficult year for a market that thrived in an era of ultra-easy money.

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Drone Rules Likely Delayed, Grounding Growth

Many agree drones need electronic license plates before they can deliver packages or fly remotely over crowds. But few agree on how to create those ID tags, and federal officials are far behind schedule on issuing guidance.

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Lion Air Pushes for Details on Boeing Crash

The airline’s safety director plans a trip to the Seattle area to ask the plane manufacturer which actions it is taking to prevent a repeat of the accident.

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Not So Big in Japan: Apple Cuts Price of iPhone XR to Boost Sales

Less than a month after releasing the iPhone XR, Apple is moving to offer subsidies to mobile-network operators in Japan to shore up sales of its least expensive new smartphone.

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Half of Jobs at Amazon's Two New Headquarters Won't Be Tech Positions

New York City officials said that of the at least 25,000 jobs, half will be in tech and the rest will be “administrative jobs, custodial staff, HR, all those things.” Virginia officials said they expect the same job breakdown.

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Amazon Glitch Exposes Customer Names, Email Addresses

Amazon.com warned some customers that its website disclosed their names and email addresses as a result of a technical error.

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Nissan's Ghosn to Be Detained for a Further 10 Days

A Japanese court extended the detention of Carlos Ghosn for an additional 10 days, giving prosecutors more time to question him over alleged financial wrongdoing, while the French government said it was still waiting for evidence to back up the allegations.

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Ghosn's 'Inside Man,' Jailed in Japan, Quietly Wielded Power at Nissan

Greg Kelly, the Nissan board member and former executive jailed with Carlos Ghosn in Japan, was well-known inside the company as a gatekeeper and confidant to the former CEO.

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IKEA to Slash Thousands of Jobs in Restructuring

IKEA, in its most dramatic restructuring ever, is slashing thousands of jobs and creating new ones as the furniture giant scrambles to cope with fast-changing shopper behavior that has hammered brick-and mortar retailers globally.

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Durable-Goods Orders Fall, Signaling Slowing Momentum

A decline in orders for long-lasting factory goods in October suggests business investment is softening, a discouraging sign for economic growth in the fourth quarter.

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U.S. Consumer Sentiment Pressured by Volatile Stocks

A jittery stock market appears to be weighing on Americans’ economic outlook, especially among wealthy Americans, heading into the peak of the holiday-shopping season.

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U.S. Jobless Claims Rose Last Week

The number of U.S. workers filing new applications for unemployment benefits continued to rise last week after hitting a nearly five-decade low in September, though they remained near historically low levels.

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Home Sales Suffer Largest Annual Drop in Four Years

Sales of previously owned U.S. homes posted their largest annual decline since 2014 in October, as the housing market continues to sputter due to higher mortgage rates that are reducing home affordability.

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Deere's Profit Rises, Helped by Stronger Machinery Sales

Deere said sales and profits in the latest period were lifted by demand in its construction and farming markets.

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Airbus Finalizes New Executive Lineup

European aerospace giant Airbus appointed two outsiders to key executive jobs, completing a generational overhaul of its executive ranks as it faces challenges building all the planes it has promised.

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Why Christmas Will be Very Weird for Retailers

Retailers will have a good Christmas in 2018. But factors such as rising inventory, tariffs and higher labor costs will drive stock performance through the holidays and into next year.

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Canada Unveils Tax Incentives

Canada revealed billions in economic measures aimed at jump-starting lackluster business spending and countering the risk of lost investment to the U.S.

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An Overlooked Key to Democratic Victories: Diversity in the Suburbs

People of color were a large component of the Democrats’ midterm-election victories in the suburbs: They are more likely to live in the suburbs than in urban areas. And they tend to vote Democratic.

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Governments Urged to Ready Stimulus for Next Downturn

The OECD said governments need to prepare plans for a synchronized boost in spending to fight the next downturn, given that central banks have largely run out of ammunition to fight a slowdown, but tensions over trade could make that difficult.

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Italy's Big Budget Is Taking a Toll on Business

Company loans are becoming more costly after the government’s generous spending prompted investors to demand higher risk premiums on Italian bonds, raising banks’ borrowing costs.

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Six Tips for Black Friday Shopping

Marketing companies are offering shoppers cash back, coupons or price tracking. Here are six ways to get a deal online this holiday season.

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Casper Co-Founder Predicts the Death of (Bad) Retail

Philip Krim, CEO of the online mattress seller, on how we’ll shop in the coming decades and why we’ll brag about early bedtimes.

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Ghosn's Arrest Rocks Auto Empire

As Carlos Ghosn remained in detention in Japan for alleged financial misconduct, members of the globe-spanning automotive partnership he leads moved to make sense of his arrest and fill the void left by his absence.

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Megyn Kelly Nears Deal to Leave NBC News With Entirety of $69 Million Contract

Megyn Kelly is nearing a deal with Comcast Corp.’s NBC News to walk away with the full value left on her three-year, $69 million contract with the network, according to people familiar with the matter.

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Walgreens, Humana in Preliminary Talks to Take Stakes in Each Other

Walgreens Boots Alliance and Humana are in preliminary discussions to take equity stakes in each other, as health-industry players scramble for tie-ups that will help them compete in a rapidly evolving environment.

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Apple in Talks to Give Veterans Access to Electronic Medical Records

Apple is in discussions with the Department of Veterans Affairs to provide portable electronic health records to military veterans.

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Federal Reserve Not Likely Swayed by Market Declines

Officials at the Fed have indicated in recent days that they plan to proceed with a December rate hike, despite the downturn in stock prices.

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Amidst Roaring Economy, Markets Sound Alarms

The U.S. economy is firing on all cylinders while growth abroad slows. Markets are signaling increased concerns as JPMorgan economists chart a rise in the likelihood of a recession starting within the next 12 months.

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Gap Looking to Close Hundreds of Weaker Stores

Gap Inc. said it is exploring whether to close hundreds of underperforming stores at its namesake brand, after the unit reported a 7% decline in quarterly comparable sales.

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FedEx to Add 1,000 Electric Vehicles to Parcel Fleet

FedEx is adding 1,000 electric delivery vans to its fleet, a move aimed at tamping down emissions in parcel delivery operations as regulators push to rein in pollution from commercial vehicles.

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Regulators Urge Consumers to Avoid Romaine Lettuce as They Probe E. Coli Outbreak

U.S. officials warned consumers not to eat romaine lettuce as they investigate a new, multistate E. coli outbreak, the second episode this year linked to the leafy salad green.

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Desperate Venezuelans Dig Up Paradise in Search of Gold

The indigenous Pemon people have long served as stewards of the national park that holds the world’s highest waterfall. Now Venezuela’s economic distress has pushed them into digging for gold in vast open-pit mines.

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FAA Sides With United in Newark Airport-Fee Dispute

United Continental Holdings has won a victory in a yearslong battle with the Port Authority of New York and New Jersey over what the airline said were exorbitant fees at Newark Liberty International Airport.

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France Seeks Interim Leadership at Renault After Ghosn's Arrest

France is moving to fill a power vacuum at car maker Renault after Chief Executive Carlos Ghosn was arrested in Japan on allegations of financial misconduct at Nissan, Renault’s Japanese partner.

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Amazon Employees Join Long Island City Condo Rush

Condo sales in Long Island City are suddenly soaring, thanks to Amazon’s decision to open a headquarters in the Queens, N.Y., neighborhood.

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Rising Sales Give Retailers Hope Ahead of Holidays

A parade of U.S. retail chains reported rising sales in the latest quarter, another sign of healthy consumer spending heading into the critical holiday shopping season.

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Samsung's Top-Secret Galaxy S Phone Is a 5G Monster With Six Cameras

Samsung Electronics is planning a major technological advance for its 10th anniversary flagship phones next year, including next-generation 5G network speeds, bigger screens and more cameras, according to people familiar with the matter.

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Barnes & Noble Trims Losses Despite Weaker Sales

Barnes & Noble posted a narrower than expected loss of $27.4 million in the latest quarter as the struggling bookseller worked to lower expenses and turn around its store operations.

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U.S. Housing Starts Increased in October

U.S. housing starts rose last month on a bounceback in multifamily building, but underlying figures signal weakness in the construction pipeline.

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Bain, KKR Set Up Toys 'R' Us Severance Fund

The two private-equity firms that owned the retailer before its bankruptcy have each put up $10 million to pay the thousands of workers who were left without jobs.

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U.S. Manufacturers Push FTC to Crack Down on False 'Made in America' Labels

Manufacturers of U.S.-made products, hoping to capitalize on President Trump’s aggressive stance on China, are calling for tougher action against companies that make bogus “Made in the USA” claims.

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Lowe's to Exit Mexico Retail Business, Shed Contracting Service

Lowe’s plans to exit its retail businesses in Mexico and shed two of its lower-performing home-improvement businesses in a bid to refocus its core operations and help it compete with rival Home Depot.

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Campbell Shows Signs of Improving Sales Ahead of Shareholder Vote

Campbell Soup said its plan to refocus on its namesake business helped slow declines in its U.S. soup sales, as it looks to rally investor support amid pressure from an activist investor.

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Nielsen Holdings Names IBM's David Kenny as CEO

Nielsen Holdings appointed David Kenny as CEO, as the ratings and data giant reviews its strategic options amid activist pressure to either sell or spin off parts of its assets.

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Boston Scientific Acquires U.K.'s BTG for $4.2 Billion

U.S. medical devices company Boston Scientific said it agreed to buy British health-care firm BTG for $4.24 billion, bolstering its presence in the growing field of interventional medicine.

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Ghosn Arrested as Nissan Plans Ouster for False Pay Filings

Nissan Chairman Carlos Ghosn was arrested in Tokyo, and Nissan said it intended to oust him after uncovering ‘significant acts’ of financial misconduct, including underreporting his income in securities filings.

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Apple Suppliers Suffer With Uncertainty Around iPhone Demand

Lower-than-expected demand for Apple’s new iPhones and the company’s decision to offer more models have created turmoil along its supply chain and made it harder to predict the number of components and phones it needs.

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Opioid Industry Takes New York to Court Over New Levy

Opioid makers and distributors are fighting a novel New York state law that aims to collect hundreds of millions of dollars from the industry to help defray costs of the opioid crisis.

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A Silicon Valley Tech Leader Walks a High Wire Between the U.S. and China

Nvidia sells lots of artificial-intelligence chips in China. That creates a dilemma as the company tries to navigate political and trade tensions.

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Outlook for Traditional TV Goes From Bad to Worse

Cord-cutters continue to chip away at cable and satellite providers’ dominance of the living room.

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U.S. Home-Builder Sentiment Fell in November

A gauge of U.S. home-builder confidence declined in November to the lowest level in more than two years, dragged down by heightened affordability concerns in the housing market.

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Fed Official Quarles Poised to Lead Financial Stability Board

Randal Quarles, the Fed’s vice chairman for bank supervision, is expected to be named to chair the Financial Stability Board, a global body overseeing financial regulations, according to people familiar with the matter.

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New York Fed Chief Expects Gradual Rate Rises

John Williams, the New York Fed leader, said data will determine the central bank’s future rate moves.

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Chinese Approval Keeps Disney-Fox on Track to Close Early

Chinese regulators have approved Disney’s $71.3 billion plan to acquire major assets of 21st Century Fox, putting the deal on track to close sooner than expected.

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L Brands Slashes Dividend, Picks Chief for Victoria's Secret Lingerie

L Brands said it had hired a Tory Burch executive to take over its Victoria’s Secret lingerie business after the chain posted another quarter of declining same-store sales.

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GE Veteran John Rice Returns to Troubled Power Unit

General Electric said one of Jeff Immelt’s top lieutenants was returning to the company to help oversee a restructuring at its power division.

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China's Private-Sector Woes Spur Leaders Into Action

Beijing has for years squeezed the private sector with policies that support state companies—and is now looking to fix what has become a weak link in a slowing economy.

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Xiaomi Swings to Profit

Rising sales of higher-end smartphones helped Chinese device maker Xiaomi post a profit in the third quarter, as revenue soared.

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Former College Basketball Player Sues Adidas Over Payments

Fallout from a federal probe of alleged corruption in college basketball entered a new chapter as a former University of Louisville player sued Adidas, alleging the sports-clothing maker violated racketeering laws by paying families of high-profile recruits.

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Taylor Swift Tries to Help Fellow Artists With Universal Music Deal

The biggest free agent in music signed a long-term deal with the world’s biggest record company, in the process using her clout to try to score some points for other artists signed to the same label.

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GE Seeks Power Sales in Iraq, but Report Spotlights Corruption Concerns

General Electric is seeking sales for struggling power unit, but faces a dilemma with Iraq, according to a consultant’s report prepared for the company. The nation needs multimillion-dollar gas turbines—and poses corruption problems.

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With Facebook at 'War,' Zuckerberg Adopts More Aggressive Style

Mark Zuckerberg’s new approach is causing unprecedented turmoil at Facebook, driving out several key executives and creating tensions with Chief Operating Officer Sheryl Sandberg.

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Lion Air Crash Probe Eyes Sensor Hazards Stretching Back Years

Investigators are examining how Boeing heeded earlier warnings on the potential hazards of flight-control-sensor failures similar to the one implicated in last month’s Lion Air jet crash.

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Black Friday Shoppers Beware: Online Shopping Gets More Complicated

As Americans gear up for the year-end shopping spree that marks its start with Black Friday, those who order online will have some tough choices to make.

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U.S.-China Rift: One Phrase 'Torpedoed' Pacific Accord

A summit of world leaders ended in acrimony with the host nation accusing Chinese officials of threatening behavior and differences between the U.S. and China preventing delegates from reaching a consensus.

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France Prepares to Get Tough on Firms That Pay Women Less

Under a coming French law, companies that underpay women could be fined, an unusually strict approach even among countries that have turned up pressure on firms to bridge the divide.

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Less-Than-'Fantastic' Start for Harry Potter Spinoff

‘Fantastic Beasts: The Crimes of Grindelwald’ grossed a franchise low of $62.2 million in the U.S. in its debut weekend but did well abroad.

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Global Economy Week Ahead: U.S. Housing Starts, Consumer Sentiment

In the week ahead, the U.S. will see fresh data on housing starts, durable goods, existing-home sales and consumer sentiment.

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Spotify, Pandora Turn to Podcasts for Listeners, Profits

Music-streaming giants Spotify Technology and Pandora Media see new audiences and possible profits with an expansion into podcasts—if they can figure out a solid business model.

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Old-School Watchmakers Get Smart to Counter Apple

Watchmakers, caught off guard by the success of Apple’s smartwatch, are now trying to keep pace with changing customer tastes by introducing messaging alerts and other high-tech features to traditional watches.

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J.Crew CEO Exits After Clash With Mickey Drexler, Company Owners

J.Crew Group said CEO James Brett is leaving after about 16 months following disagreements with the company’s longtime leader about strategy and board concerns about his spending plans.

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Amazon Kept HQ2 Under Wraps Using These Code Names

Amazon.com maintained secrecy among the 20 cities vying for its HQ2 operations by naming them after important corporate stakeholders—employees’ dogs.

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Victoria's Secret: Sex Isn't Selling

Once a trendsetter with a powerful brand identity, the lingerie retailer has struggled to evolve as customers gravitate toward rivals—including a number of startups—offering comfort and ease, not airbrushed fantasy.

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U.K.'s Window Into a Less Globalized Economy

The U.K. economy has so far weathered the political storm surrounding Brexit pretty well. But beneath the surface, there are harbingers of economic costs to come.

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Beauty and the Backlash: Disney's Modern Princess Problem

From Snow White dolls to Cinderella remakes, Disney’s princess franchise brings in billions of dollars—and has drawn critics for promoting outdated notions of femininity. Employees debate: How do you keep the princess franchise relevant without alienating fans of the classic characters?

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PG&E Shares Surge on Hopes of State Support

Shares of PG&E opened sharply higher on investor hopes that California officials would move to rescue the utility from wildfire-related liabilities that threaten to plunge it into bankruptcy.

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Pfizer to Raise Prices on 41 Drugs

Pfizer plans to resume its practice of raising drug prices early next year after bowing to pressure from President Trump over the summer when the company rolled back some increases.

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Nvidia Grapples With Cryptocurrency Miners' Exit

The previous stockpiling habits of cryptocurrency miners have left Nvidia to battle with excess graphics-card inventory.

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Companies Start to Sweat Prospect of No-Deal Brexit as Deadline Looms

With Prime Minister Theresa May’s government in turmoil over the terms of a Brexit pact, the prospect of “no deal” is getting real—spooking firms big and small, including some far from Britain’s shores.

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Food Regulators to Share Oversight of Cell-Based Meat

U.S. food regulators agreed on a framework for regulating meat grown from animal cells, moving the emerging technology closer to consumers’ dinner plates.

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U.S. Household Debt Continues to Climb in 3rd Quarter

Household indebtedness continued to climb in the third quarter, with balances continuing to rise for almost all types of borrowing, the Federal Reserve Bank of New York reported.

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U.S. Industrial Production Rises

U.S. industrial output ticked up in October, as increased factory production offset declines in mining and utilities output.

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'I Was Hoping to Be Retired': The Cost of Supporting Parents and Adult Children

More Americans find themselves housing two generations simultaneously, just when they thought they could kick back and retire. Instead, they face the strain of added expenses, constant caregiving and derailed dreams.

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Grassley to Lead Senate Finance Panel

Sen. Chuck Grassley is expected to lead the Finance Committee next year, giving the veteran Iowa Republican more sway over tax, trade and health policy.

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Actual Silicon Valley Startup Gets Inspiration From HBO's 'Silicon Valley' Startup

Richard Hendricks’s Pied Piper, which is realistic but fictional, has inspired a real company, WaveOne, to perfect the technology from the show; ‘a linear combination of their personalities’

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Michelle Obama's Memoir Sells Well

Michelle Obama’s memoir “Becoming” got off to a hot start, selling more than 725,000 units on the day it was released, spurring its publisher to quickly order up more copies.

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Inventory Reduction Push at J.C. Penney Thins Margins

The struggling retail chain has been liquidating merchandise as it winnows its product assortment to focus on the most profitable brands and categories. Although Penney is making progress on that goal, efforts to clear the sales floor have also thinned margins.

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Brazil Signals Hawkish Approach on Its Big Budget Deficit

Brazil’s president-elect has put together a team of fiscal hawks to lead the economy, winning cautious approval from markets worried about the country’s ballooning debt.

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What's the Next Big Thing in Tech? It's Up to Us

How quickly we’ll see flying cars, robot workers, data-privacy rules, Chinese world domination and the end of car ownership depends less on the tech involved than on us.

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Google's Cloud-Computing Boss Steps Down

Google said its top cloud-computing executive is departing the company and will be replaced by a former executive of business software rival Oracle Corp.

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Viacom Expects 2019 Revenue Growth

Viacom said it expects revenue to grow in the 2019 fiscal year as the company augments its pay-TV business with production and licensing fees from streaming-video services.

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Southwest Air Replaced Flight-Control Sensors of the Kind Implicated in Lion Air Crash

During the three weeks before Lion Air Flight 610 plunged into waters off Indonesia, Southwest Airlines replaced two malfunctioning flight-control sensors of the same type that has been publicly implicated in the crash, according to a summary of Southwest maintenance records reviewed by The Wall Street Journal.

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Post Holdings Plans IPO for Nutrition Unit

The transaction that involves PowerBar and Joint Juice brands is expected to be completed in the second half of fiscal year 2019.

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Youth Use of E-Cigarettes Jumped 78%, Government Study Shows

Vaping helped drive the use of tobacco products up 38% overall among high-school students and by 29% among middle school students between 2017 and 2018, reversing declines reported over the past several years.

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Prosecutors Expand Newsweek Case to Include California Bible College

Manhattan prosecutors charged a California bible college in connection with an alleged wide-ranging scheme involving Newsweek’s former parent company to defraud lenders out of tens of millions of dollars.

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Walmart Posts Strong Sales Gains Ahead of Holidays

Walmart posted higher quarterly sales, continuing a run of solid growth as the world’s largest retailer taps into online shopping and a robust U.S. economy ahead of the busy holiday season.

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Cryptocurrency Hangover Weighs on Nvidia

Nvidia shares tumbled 18% after the chip maker projected declining revenue for the current quarter as it works through excess inventory left over from the cryptocurrency boom.

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FDA Seeks Ban on Menthol Cigarettes

The FDA said it would seek a ban on menthol cigarettes. The tobacco industry says it may fight such a measure.

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PG&E Selloff Continues as Wildfires Rage

Shares of the California utility fell for the sixth straight day as investors grappled with recurring wildfire liabilities that raise concerns about a potential bankruptcy.

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Trump Forged His Ideas on Trade in the 1980s---and Never Deviated

The president has been consistent on trade for decades, unlike on other issues, both in tone and substance. Longtime acquaintances say his philosophy came out of his experience in the cutthroat world of New York real estate and the rise of Japan as a global economic power.

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Economists Split on Whether Midterms Outcome Will Increase or Decrease Uncertainty

Economists surveyed by The Wall Street Journal were roughly split on whether the outcome of the recent midterm elections would dispel or increase uncertainty for the economy and financial markets in the coming months.

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Imports Surge at U.S. Ports as Companies Brace for New Tariffs

Imports into U.S. seaports are surging over usual seasonal patterns in an apparent push by retailers and manufacturers to pull orders forward ahead of a new round of tariffs set to hit U.S.-China trade in January.

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U.S. Retail Sales Rose in October

American consumers picked up their spending in October amid a robust labor market and high consumer confidence—signaling U.S. consumers could be ready to spend more this holiday season.

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Trump Tax Cut to Be Eroded by Inflation Switch

The IRS announced the tax code’s parameters for 2019, implementing a new method for making inflation adjustments that will result in higher tax payments over time.

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Oil Giants Start to Dominate U.S. Shale Boom

Smaller, nimbler companies pioneered the U.S. shale boom. But as American production scales up, those frackers are losing ground to Big Oil.

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Apple Partners With Movie Studio A24 to Make Feature-Length Films

Apple will begin making independent, feature-length films through a multiyear partnership with the Oscar-winning studio A24, broadening the iPhone maker’s push into original content beyond TV programming and into movies.

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Dell Sweetens Tracking-Stock Deal After Facing Shareholder Pressure

The purchase of DVMT shares would help return the PC maker to public markets after it was taken private in 2013.

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U.S. Jobless Claims Rose Last Week

The number of Americans filing applications for new unemployment benefits rose last week, but remained at a low level indicative of a tight labor market.

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Senate Confirms Ally of Smaller Banks to Fed Board

The Senate confirmed Michelle “Miki” Bowman to the Federal Reserve’s board of governors Thursday, giving one of the most powerful voices in the global economy to a state banking supervisor.

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Yes, You're Hired. No, We Don't Need to Meet You First.

Employers trying to recruit in the tightest job market in decades are hiring some candidates sight unseen—after just one phone interview; ‘Is this real?’

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Facebook Says Criticism of Its Russia Response Is 'Unfair'

Mark Zuckerberg and the Facebook board took issue with a report suggesting the social-media giant deliberately played down the impact of Russian interference on the platform.

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MoviePass Sheds Subscribers as Troubles Mount

MoviePass experienced a significant decline in subscribers in the third quarter, the latest sign of trouble for majority owner Helios & Matheson Analytics.

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California's Largest Utility Pummeled by Wildfire Risks

California’s largest utility suffered its steepest stock plunge in 16 years Wednesday as concerns grew that potential liability costs from destructive wildfires threaten the company’s financial future.

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Macy's Reports Strong Sales Growth, Raises Guidance

Macy’s delivered healthy sales growth in its latest quarter and raised its guidance for the year, positioning the retailer for a strong holiday shopping season.

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Uber Posts Slower Sales Gains, Widening Loss Ahead of 2019 IPO

Results for the three months ending in September show that Uber is still growing quickly but is likely to be unprofitable for some time.

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Once-Worthless Radio Waves Get New Life in Spectrum Auction

The FCC will begin the first of two auctions for extremely high-frequency spectrum licenses, raising cash from a type of radio wave considered worthless before 5G technology.

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Be Ready to Pay More to Lease Your Next Car

Leasing a new car is getting more expensive as rising interest rates and lower projected resale values prompt auto makers to charge more and scale back promotions.

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The Unintended Consequences of the 'Free' Internet

The zero-price business model is a source of many of the problems plaguing Google, Facebook and Twitter.

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Inflation Jumps, but Is Likely to Slow

Inflation flared in October primarily because of increasing gasoline prices, but the rise could prove fleeting if other recent trends continue.

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Global Economy Shows Strain as U.S. Steams Ahead

Signs of a global slowdown are mounting, indicating a deceleration in China and trade tensions are beginning to take a toll on much of the rest of the world.

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Fed Tracking World Growth Worries, Powell Says

“You still see solid growth, but you see growing signs of a bit of a slowdown,” Jerome Powell, chairman of the central bank, said at a Dallas event. “And it is concerning.”

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Global Companies in U.S. See Auto Tariffs as Biggest Threat: Survey

International companies in the U.S. rate potential tariffs on automobile and auto-parts imports as the most damaging of the Trump administration’s trade actions, a survey found.

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Activist Investor Gets Important Backing in Campbell Soup Fight

Institutional Shareholder Services Inc. is recommending that the food-maker’s shareholders vote for all five of activist hedge fund Third Point LLC’s director nominees.

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Lockheed Martin Lands $23 Billion Pentagon Contract

Lockheed Martin has won a roughly $22.7 billion contract from the U.S. Department of Defense to deliver 255 F-35 jets, a move that comes after the defense contractor was tasked with lowering the price of its planes.

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Who Wants to Be a Ninja? Job Titles Get Rebranded

As the workplace changes, more companies are sprucing up titles as a way to attract talent in a tight labor market. “If I can put ‘data wrangler’ on a guy’s business card, and that’s what gets him here and excited, why not?” says one executive.

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Big Cities' Success Reflects Divide

Decisions by Amazon and Google to add tens of thousands of jobs to New York and the Washington area reflect a growing divide in the U.S.

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Fed Nominee Bowman Moves Closer to Confirmation

The Senate voted 63-36 to end debate on Fed nominee Michelle ‘Miki’ Bowman, and a confirmation vote could be held as soon as Thursday.

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Rich Investors Eye Tax-Favored Development Funds

Wealthy investors, fund managers and real-estate developers are racing to take advantage of tax-incentivized ‘opportunity zone’ program created by Congress last year to spur economic growth in neglected areas.

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Facebook Morale Tumbles, Along With Stock

A survey found just 52% of employees were optimistic about Facebook’s future, down from 84% a year earlier. The darker mood comes amid a dropping share price and disclosures of privacy violations.

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Walmart to Send Employees Traveling for Spine Surgery

Walmart will soon require its employees to travel to certain hospitals for costly spine surgeries, an effort to weed out unnecessary procedures and lower its health-care spending.

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Cisco Revenue Rises as Company Avoids Tariff Effects

Cisco Systems is one of a few tech giants under threat from the U.S.’s trade fight with China, but the company said it has evaded damage from tariffs so far.

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Steve Wynn Seeks to Stop Release of Massachusetts Investigation

Steve Wynn is asking a Nevada state court to stop Massachusetts gambling regulators from releasing a report on their investigation into sexual-misconduct allegations against the former casino mogul.

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How Amazon Picked HQ2 and Jilted 236 Cities

For months, Amazon made demands of cities even though it had determined early in the year that no single place would fulfill its requirements. The long search, designed to showcase the company’s largesse, has for some left a bad taste. “My heart’s broken today.”

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Amazon Picks NYC, Northern Virginia for Its HQ2 Locations

Amazon announced New York City and Northern Virginia would be the homes for the company’s second and third headquarters, ending a more than yearlong public contest that started with 238 candidates and ended with a split of its so-called HQ2.

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GE to Sell $4 Billion Stake in Baker Hughes

General Electric plans to sell up to 20% of its majority holding in oil services company Baker Hughes, providing around $4 billion in cash for the struggling conglomerate.

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Future of Tech: Smarter Cameras Will Transform Everyday Life

Advances in intelligent-camera systems could end up making lenses more central to people’s lives inside and outside the home.

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Starbucks to Lay Off 5% of Corporate Workforce

Starbucks is planning to lay off approximately 5% of its global corporate workforce as the chain struggles to attract new and repeat customers to its U.S. coffee shops.

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Amazon, Google Poised for Race to Hire High-Tech Talent

Amazon.com and Alphabet’s Google plan to recruit thousands of employees in New York City, pitting the two behemoths against each other and other businesses for already-scarce talent.

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U.S. Ramps Up Sanctions on Hezbollah as Part of Iran Pressure

The Trump administration on Tuesday targeted Iran-backed Hezbollah with fresh terrorism-related sanctions, as the U.S. moves to keep up pressure on Tehran and its tools of foreign-policy abroad despite resistance from European allies.

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U.S. Fights China for Influence in Asia, One Project at a Time

The U.S. has a new strategy aimed at ramping up investment in Asia to vie with Chinese President Xi Jinping’s overseas infrastructure-building spree, as Beijing grapples with setbacks to its sprawling program.

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U.S. Budget Deficit Widened in October, Treasury Says

The federal government started its new fiscal year much as it ended the last one—with spending up and revenues lagging behind the broader economy.

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Better Family Policies Could Draw Millions of Workers Into Labor Force

Improving family leave and support policies could draw million of workers back into the U.S. labor force and help bring labor-participation rates closer to those seen in other major economies, according to new research from the Federal Reserve Bank of San Francisco.

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Juul Says It Will Quit Social Media

E-cigarette startup Juul Labs said it is shutting down its Facebook and Instagram accounts and curbing its use of other social media in the U.S., part of its response to the FDA’s call for changes to curb underage e-cigarette use.

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Home Depot Ratchets Up Fiscal-Year Guidance

Home Depot reported third-quarter earnings up 32% from a year earlier and again increased its guidance for the fiscal year.

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In Battle for Workers, Walmart Promises Steadier Schedules

Walmart is rolling out a new system for scheduling its more than 1 million U.S. store workers, as the country’s largest private employer aims to hold down labor costs while offering more stable schedules to attract workers.

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IRS Chief Seeks to Win Respect for the Agency

New IRS head Charles Rettig wants appreciation from taxpayers and to aid non-English speakers.

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Banks Left Standards for Business Lending Unchanged in Third Quarter

Most banks in the U.S. left their standards for lending to businesses little changed in the third quarter, according to a Federal Reserve survey. Among those changing their standards, more eased than tightened.

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Small-Business Confidence Stays at Near-Record High

The National Federation of Independent Business said its optimism index remains strong at 107.4 in October. Although down slightly, that was still close to the index’s 1983 high.

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Tyson Says Pressure on Meat Prices Likely to Persist

Tyson Foods expects meat prices to face continued pressure, as the U.S. protein industry grapples with rising supplies and trade disputes.

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FAA Launches Review of Boeing's Safety Analyses

U.S. aviation regulators, responding to last month’s Lion Air jet crash, launched a high-priority review of the safety analyses Boeing has performed over the years.

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Blue Apron Lays Off More Workers

Blue Apron Holdings said it would lay off around 4%, or around 100 jobs, out of its workforce, as the meal-kit company struggles to turn a profit.

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SoftBank Investment Boosts WeWork Valuation to $45 Billion

Japanese conglomerate SoftBank has committed $3 billion to WeWork in a deal that values the company at about $45 billion, a major infusion of new funding by WeWork’s largest investor.

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Amazon Picks New York City, Northern Virginia for Its HQ2 Locations

New York City and Northern Virginia will be the homes for Amazon.com Inc.’s second and third headquarters, according to people familiar with the matter.

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Boeing Withheld Information on 737 That Crashed in Indonesia, According to Safety Experts and Others

Boeing withheld information about potential hazards associated with a new flight-control feature suspected of playing a role in last month’s fatal Lion Air jet crash, according to safety experts involved in the investigation, as well as midlevel FAA officials and airline pilots.

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Macy's Radical Plan to Save Itself: Shrink

Too much space and too few shoppers yield a plan to reduce the amount of merchandise and the number of employees at its slower-performing stores.

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GE Shares Fall Again, Hit New Low

General Electric shares continued to slide even as new CEO Larry Culp tried to put the market at ease about the company and its troubled power division.

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Apple Shares Sink After iPhone Suppliers Lower Outlooks

Apple shares sank further on Monday, as investors’ worries deepened about sales of new iPhones after two key suppliers for the device cut their earnings projections for coming months.

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U.S. Adopts New Battle Plan for China's Theft of Trade Secrets

The Trump administration is broadening its China trade battle beyond tariffs with a plan to use export controls, indictments and other tools to counter the theft of intellectual property.

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U.S., China Resume Talks to Cool Trade Tensions

Treasury Secretary Steven Mnuchin has resumed discussions with his Chinese counterpart, Vice Premier Liu He, about a deal that would ease trade tension, ahead of a meeting of the leaders of China and the U.S. set for the end of the month.

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Two Senators Urge Trump to Stop Criticizing Fed

Two U.S. senators called on President Trump Monday to stop publicly criticizing the Federal Reserve and warned his comments could jeopardize the central bank’s credibility and hurt the economy.

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Tech and Democracy at D.Live

Technology is colliding with societal norms and governance in new and unexpected ways. Follow the town hall conversation as we talk about tech regulation, the future of privacy and data, misinformation and more.

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Kellogg Considers Selling Its Fruit-Snacks and Cookies Businesses

The packaged-food company said it is exploring a sale of those units “to enable the company to bring a sharper focus to its core business.”

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Palantir Has a $20 Billion Valuation and a Big Problem: It Keeps Losing Money

The Silicon Valley unicorn, a data-analysis giant that’s inching toward an IPO, has been run like a scrappy startup, including lavish perks. CEO Alex Karp is now under pressure to remake the business, including bringing an end to what’s known inside the company as “Palantir Entitlement Syndrome.”

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Google Internet Traffic Is Briefly Misdirected Through Russia, China

Google services were temporarily unreachable for some users after some traffic intended to reach the web giant was rerouted through other networks.

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Facebook to Give Special Access to French Regulators

A team of French regulators will spend six months monitoring how Facebook removes certain kinds of illicit content as part of a pilot program between the social media giant and the French government.

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Pets or People, Big Food Faces the Same Supermarket Battle

Pet foods with fancier ingredients are eating away at market share for mainstream brands. Snacks for dogs and cats are selling faster than meals. And a flood of new products is putting pressure on prices.

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New York City Raids Condo Building in Crackdown on Airbnb Rentals

New York City law-enforcement officers swarmed a Manhattan condominium last month, issuing 27 notices of violations in one of the largest crackdowns on short-term rentals such as those listed on Airbnb.

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Why Did Facebook Fire a Top Executive? Hint: It Had Something to Do With Trump

Palmer Luckey, co-founder of virtual-reality pioneer Oculus, was ousted after his political activity sparked a furor within the social-media giant and Silicon Valley. His firing was one of the earliest political spats of the kind that is now roiling the technology industry.

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Gadgets Won't Save Us From Our Gadgets

A new Palm-branded phone aims to help you disconnect from the chaos and distractions of the always-on, tech-addicted life—but a new phone isn’t the solution we need.

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Alibaba Pulls In Record Singles Day Sales

The e-commerce behemoth clocked in sales of $30.8 billion in the 24-hour span that began at 12 a.m. Sunday, with consumers snapping up bargains despite China’s slowing economic growth.

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