AT&T Breaks Up Turner, Bulks Up Warner Bros. in Major Overhaul

AT&T started reorganizing its WarnerMedia unit by combining its disparate networks and entertainment businesses, an overhaul that is expected to lead to cost-cutting and layoffs.

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Nevada Is the Jackpot of Barrick's Push for Newmont

Barrick Gold’s bid to acquire rival gold producer Newmont Mining centers on a plan to combine portfolios and operations in the state of Nevada.

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Salesforce Raises Its Full-Year Sales Outlook as Profit Rises

Salesforce on Monday reported a stronger profit for the latest period and presented a bullish view on sales growth, targeting $26 billion to $28 billion in revenue by fiscal 2023.

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The $2,000 Bendable Phone: Hold 'Em or Fold 'Em?

At the mobile-phone industry’s premier trade show, two of the world’s three biggest makers lavishly displayed what they hope will be the smartphone of the future. The question is, will anyone buy it?

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Purdue Pharma Preparing Possible Bankruptcy Filing

Purdue Pharma is working with advisers on a possible bankruptcy filing as it seeks to contain liability from suits alleging it fueled the U.S. opioid epidemic.

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U.S. Push on Food Trade Pressures EU

U.S. and European trade negotiators, under growing domestic pressure over agriculture, are set to meet again this week as clashing demands threaten to rekindle a tit-for-tat economic war.

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U.S., China Close In on Trade Deal

China and the U.S. are close to completing a trade deal, with Beijing offering to lower tariffs and other restrictions on American farm, chemical, auto and other products and Washington considering removing most, if not all, sanctions levied against Chinese products since last year.

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Investors Scale Back Inflation Bets, Signaling Doubts About Growth

Bets on a pickup in inflation are falling out of favor, underscoring investors’ skepticism that the U.S. economy will be able to turn stronger after a soft start to the year.

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High-Speed Rail in the U.S. Remains Elusive: Illinois Shows Why

A $2 billion Chicago-St. Louis project will offer a top speed of just 110 mph and shave an hour off the trip. Few people are expected to use it. One problem: having to share the track with freight railroads.

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After an Auditor Flunked Brazil Dam, Vale Found Another Who Passed It

Vale, the owner of a mine-waste dam that collapsed this year, killing more than 180 people, dismissed an auditor that refused to certify the dam as safe in September, according to an initial probe by police and prosecutors.

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Cheniere Deal With China Signals Country's Key Role in LNG Exports

Cheniere Energy’s expected $18 billion deal to supply natural gas to China signals the company’s growing bet on the country, and China’s emergence as a top market for U.S. gas exporters.

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Philip Morris Cuts Profit Forecast After Canada Court Ruling

Philip Morris International Inc. cut its profit outlook for the year and expects lower pretax earnings in the first quarter after a subsidiary and other tobacco companies lost a major legal appeal in Canada.

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Disney Cuts Compensation for Iger in Fox Deal

Disney tweaked Robert Iger’s pay package, removing $13.5 million in potential salary and incentive awards available for the CEO after the company closes its acquisition of Fox assets.

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Facebook Sues Chinese Companies for Creating Fake Accounts

Facebook and Instagram sued four companies and three people based in China for creating and selling fake accounts, likes and followers, according to a posting on the social media giant’s website.

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Ted Baker CEO Resigns After Misconduct Probe

Ray Kelvin, the founder and chief executive of British fashion retailer Ted Baker, has resigned with immediate effect following an investigation into his alleged misconduct.

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Venezuelan Opposition Seeks U.S. Court's Help Protecting Citgo

Venezuela’s U.S.-backed opposition leaders asked a federal appeals court to refrain from carving up the country’s foreign assets, saying their loss would hurt the chances of political change in Caracas.

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Grocers Brace for Another Blow From Amazon

Competition from Amazon.com has pushed grocers to focus on home delivery and lower prices. Now it is taking aim at supermarkets’ high-profit products: those found in the beauty aisle.

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Tesla Is Betting It Can Sell Cars Online, Without a Test Drive

Tesla CEO Elon Musk’s latest strategic shift will be one of his biggest challenges: persuading mainstream consumers to purchase cars online the way they buy books or clothes.

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Owners of Instant Pot, Corelle to Merge

Instant Brands, the maker of the popular Instant Pot, is merging with Corelle Brands, which makes houseware mainstays such as Corelle, Pyrex, CorningWare and SnapWare, in a combination their owners hope will be a recipe for success.

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Shale Companies, Adding Ever More Wells, Threaten Future of U.S. Oil Boom

Newer wells drilled close to older wells are generally pumping less oil and gas and could permanently hurt output, leading frackers to cut back on the number of sites planned and forecasts on overall production to be trimmed.

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Vale Top Executives Step Aside After Request From Authorities in Dam Case

Vale Chief Executive Fabio Schvartsman and other top executives of the Brazilian mining giant stepped down following pressure from authorities in the first sign investigators are zeroing in on the company’s leadership after the deadly collapse of one of its dams.

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Trump's Effort to Narrow the Trade Gap Has Flopped So Far

On Wednesday, the Census Bureau will likely report the U.S. last year registered the largest trade deficit in its history. How that happened is a lesson in the economics of imbalances.

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Galaxy S10 Review: Samsung Finally Gets Everything Right

Samsung has long made good hardware, and the Galaxy S10 is its best yet. But for the first time, the company also nailed the software.

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AT&T Plans to Revamp CNN's Digital Arm

John Stankey, the AT&T executive at the helm of newly-acquired WarnerMedia, is planning to revamp CNN’s digital operation, which he believes requires more investment in product development and data analytics.

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Weapon Makers Declare War on Drones

Arms makers are targeting the growing menace of drones at airports and on battlefields with a rush to develop new missile systems, radar jammers and laser cannons.

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SpaceX Crew Capsule, With a Dummy Astronaut, Docks With Space Station

A new-generation SpaceX capsule autonomously docked with the international space station on Sunday, in a successful test of computers and maneuvering systems deemed essential to carry U.S. astronauts on future missions.

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Cellphone Carriers Dream of World Without Wi-Fi

Cheap and constantly improving, Wi-Fi networks have grown to near ubiquity. But some telecom executives hope customers will eventually drop “rubbish” Wi-Fi in favor of new 5G cellular technology, which they say could drive more data and revenue onto their networks.

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A Storm Is Gathering Over Container Shipping

The hulking megaships that serve the world’s biggest trade routes look more than ever like monuments to brash corporate planning and projections built more out of hopes than reality.

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SpaceX Capsule Lifts Offfor Long-Delayed Test Flight

Elon Musk’s SpaceX successfully launched a Crew Dragon capsule on its maiden voyage into orbit without people on board, but technical challenges could delay for months the first trip carrying astronauts.

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Vale Could Face $7 Billion Fine in Wake of Dam Collapse

Brazilian mining giant Vale could face a close to $7 billion fine if convicted of colluding with safety auditors to hide unsafe conditions at the dam that collapsed and killed more than 180 people near Brumadinho.

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Amazon to Launch New Grocery Chain

Amazon is planning to open dozens of grocery stores in several major U.S. cities as the retail giant looks to broaden its reach in the food business and touch more aspects of consumers’ lives.

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Lyft's IPO Filing Offers Look at Size, Scope of Ride-Hailing Company

Lyft made its IPO documentation public, a move that fires the starting gun on what’s expected to be one of the biggest years for tech IPOs ever.

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For AT&T, No More Fiefdoms at HBO and Turner

AT&T closed on its $80 billion-plus acquisition of Time Warner last June, but the real takeover is beginning now. The telecommunications giant is expected within days to officially break down the corporate walls and fiefdoms that have long been a way of life at Time Warner’s HBO, Turner and Warner Bros. units.

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GE CEO Letters Decoded: Shrinking Ambitions, Disappearing Buzzwords

Larry Culp’s first shareholder letter as GE’s CEO was brief, reflecting changes in the company, which can only afford to pay a token dividend and is breaking itself apart.

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Inside the Hottest Job Market in Half a Century

All sorts of people who have previously had trouble landing a job are now finding work. A look at who’s getting ahead, who could be left behind and how long the boom can last.

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How Do You Stack Up in Today's Job Market?

Put in your info to see if you’re one of the many workers benefiting from a strong U.S. labor market.

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Personal Income Cooled in January

Income softened in January, driven by a sharp dive in both dividend and proprietors’ income that reverted an outsize jump in December income.

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Inflation Fell Below Fed Target in 2018

Inflation fell short of the Federal Reserve’s 2% target in 2018 for a seventh consecutive year, though a closely watched measure of underlying price pressures gained traction in December.

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Congress Faces Fall Deadline to Address Debt Ceiling

The clock starts ticking this weekend for Congress to reach a deal to raise the federal borrowing limit, or debt ceiling, before the government runs out of money to pay its bills sometime this fall.

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Five Takeaways From Powell's Congressional Testimony

Federal Reserve Chairman Jerome Powell completed two days of testimony on Capitol Hill this week. Here are five things learned from the exchanges with lawmakers.

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Sheldon Adelson Is Being Treated for Cancer

Sheldon Adelson, a billionaire casino magnate, is being treated for cancer but remains at the helm of the casino empire he founded some three decades ago, his company said on Friday.

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Caesars to Replace Three Directors in Deal With Icahn

Caesars Entertainment agreed to replace three members of its board as part of a pact with activist investor Carl Icahn, who is pushing to sell or merge the casino and resort operator.

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Foot Locker Posts Strong Sales

Foot Locker reported strong sales for its latest quarter, helped by customers’ willingness to shell out more for sneakers.

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Subaru Recalls Cars to Fix Glitch Possibly Caused by Fabric Softener

Subaru plans to recall as many as 2.3 million vehicles globally to fix a defect caused by chemicals released by everyday products like fabric softener or car polish.

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Canada Allows Extradition of Huawei Executive to Proceed

Canada said the U.S. had presented enough evidence to proceed with the extradition hearing for a Huawei Technologies top executive, clearing the way for a case at the center of tensions between the U.S., China and Canada.

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EBay Plans Strategic Review of Assets

EBay will review its operations and assets and add two directors, with a third new member to be added later in 2019, as part of agreements with affiliates of activist investors Elliott Management and Starboard Value.

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Gap, Old Navy to Split Into Two Public Companies

Gap said it will separate the fast-growing Old Navy chain from its struggling flagship brand, creating two publicly traded companies.

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HBO CEO Resigning Amid AT&T Restructuring

HBO Chairman and Chief Executive Richard Plepler said he is stepping down, a move that comes as new owner AT&T Inc. is looking to put its own stamp on the premium cable channel that was part of its $80 billion acquisition of Time Warner.

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Tesla Shifts to Online Sales Model

Tesla is shifting all its global sales online to cut costs as it begins taking orders for the $35,000 version of its Model 3 compact car.

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Why Facebook Still Seems to Spy on You

WSJ reporter Katherine Bindley found that our ability to control Facebook ad tracking is limited and that much of what Facebook claims should come with lengthy footnotes.

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SpaceX Prepares Capsule for Humans

A SpaceX flight set for early Saturday won’t include crew but will test hardware reliability of the Crew Dragon capsule, as the U.S. tries to get back into the business of transporting astronauts into space.

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U.S. Economy Grew 2.6% in the Fourth Quarter

The economy completed one of the best years of a nearly decadelong expansion, growing at a modest pace despite turbulent markets, uncertainties about trade with China and a government shutdown in late December.

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Capital Gains Jumped in Final Year Before Tax Cut Started

U.S. taxpayers reported 33.5% more in net capital-gains income in 2017 than in 2016, according to new IRS data that provide the first look at the final year before the Tax Cuts and Jobs Act took effect.

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Tax Refunds Bounce Back After Slow Start

Average tax refunds rebounded after a weak start to the tax-filing season, according to Internal Revenue Service data released Thursday that was highlighted by Treasury Secretary Steven Mnuchin.

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Jobless Claims Rose in Mid-February

The number of Americans filing applications for new unemployment benefits increased last week.

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Some States Are Sending Money Back to Taxpayers

Ten years after the recession, many states have revenue surpluses and some are sending that bounty back to taxpayers with higher spending or cuts in taxes.

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Amazon's Project Zero Aims to Help Brands Target Scammers

Amazon is starting to let brand owners delete listings on its site for products they deem fake, a shift in its struggle to fight counterfeiters that cedes some responsibility to others.

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Fed Chief Says U.S. Economy 'Is in a Good Place'

Jerome Powell said the U.S. economy is doing well, but he highlighted risks to growth that prompted the central bank to signal it is done raising interest rates for now.

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PG&E Says Its Equipment Was Probable 'Ignition Point' of Camp Fire, Takes $10.5 Billion Charge

PG&E said its equipment will probably be found to be an “ignition point” of the Camp Fire in Paradise, Calif., last year that killed 85 people, and recorded total fire-related charges of $11.5 billion in the fourth quarter.

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Puma Takes Premier League Champions Manchester City From Nike

Puma will become the official uniform supplier to reigning English Premier League soccer champions Manchester City, as the German sportswear maker takes one of the sport’s most prized assets from industry leader Nike.

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Budweiser Brewer Pushes Alternative Drinks as Bud Falls Flat

AB InBev, the world’s largest brewer, said its efforts to woo drinkers with new lower-carbohydrate and lower-alcohol drinks had started to improve its performance in the U.S.

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GM Says Two Top Executives to Leave the Company

General Motors’ Global Manufacturing Chief Alicia Boler Davis will leave in April to join Amazon.com, while the head of North America, Alan Batey, will retire after 40 years.

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HP Sales Rise, but Fall Short of Estimates

HP’s sales missed Wall Street targets in the most recent quarter, but the company maintained its full-year outlook on adjusted profit.

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Best Buy's Profit, Sales Rise

Best Buy said its holiday sales got a boost from the surging popularity of the “Fortnite” videogame, which spurred purchases of headphones and other accessories.

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Southwest Airlines Receives Approval to Fly Between West Coast Cities and Hawaii

Regulatory approval comes several months after the airline first proposed Hawaii service, which it calls its growth opportunity.

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PG&E Delayed Safety Work on Power Line That Is Prime Suspect in California Wildfire

Since 2013, the state’s largest utility has repeatedly postponed upgrades to the high-voltage line that ran near Paradise, Calif., records show. The story of the Caribou-Palermo line is part of California’s wildfire reckoning and at the center is PG&E and its track record of safety lapses.

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Campbell Shows Signs of Turnaround

Campbell Soup made progress in its effort to reignite growth after a tumultuous year, underscoring the gulf between some smaller food makers and the problems facing Kraft Heinz.

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U.S. Drops Threat of 25% Tariffs on Chinese Goods

In the strongest sign yet that an accord is near, U.S. Trade Representative Robert Lighthizer said the U.S. was abandoning for now its threat to raise tariffs to 25% on $200 billion of Chinese goods.

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U.S. Trade Gap in Goods Widened 10% in 2018

The U.S. trade deficit in goods widened 10% last year, growing despite the Trump administration’s efforts through tariffs and other measures to make it smaller.

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On China, Trump Risks a Repeat of Bush and Obama

President Trump entered office determined to stop what he considered unfair practices by China. But he may now be tempted to settle, like his predecessors, for less-than-ironclad commitments, Greg Ip writes.

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Fed's Powell Says Officials Close to Finalizing Portfolio-Runoff Plan

Federal Reserve Chairman Jerome Powell said the central bank is close to announcing plans for ending the runoff of its $4 trillion portfolio of bonds and other assets this year.

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U.S. Pending Home Sales Rose 4.6% in January

The number of existing homes that went under contract in the U.S. rose strongly in January, a sign of improvement for the housing market at the start of the year.

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AT&T Weighs Combining HBO, Turner Units

Television veteran Robert Greenblatt is in advanced talks with AT&T to take a senior role at WarnerMedia that could include oversight of the HBO and Turner entertainment networks.

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Big Bristol-Myers Shareholder Opposes Celgene Deal

One of Bristol-Myers’s largest shareholders is opposing the company’s $74 billion deal to buy rival Celgene, becoming the latest investor to express its unhappiness with the transaction.

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'I'm Still Under Construction'; Six Tales of Lifelong Learning

Lifelong learning has become a mantra in American corporations as employees face pressure to stay relevant in a rapidly evolving workplace. Here are six such stories.

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Liberty Global to Sell Swiss Operation

John Malone’s Liberty Global, a holding company for European cable assets, will sell its Swiss unit, UPC Switzerland, to Sunrise Communications Group in a deal with an enterprise value of about $6.3 billion.

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Arbitrator Finds 21st Century Fox Defrauded Producers of 'Bones'

An arbitrator found 21st Century Fox defrauded producers and actors of the television series “Bones” and awarded close to $180 million in damages, in connection with distribution deals with Fox and Hulu.

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FCC Chairman Says U.S. Has Early 5G Lead

Telecom regulator says spectrum policy helps U.S., but Chinese equipment makers pose threat.

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Senators Press Drug-Company Executives Over Prices

Leaders from seven drugmakers representing $140 billion in U.S. revenue defended their pricing in a Senate hearing that showcased bipartisan support for what would be some of the most significant changes to the industry in decades.

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U.S. Appeals Court Rejects Justice Department Antitrust Challenge to AT&T-Time Warner Deal

A federal appeals court rejected the Justice Department’s bid to roll back AT&T’s 2018 acquisition of Time Warner, ending efforts by government antitrust enforcers to sink the $80 billion-plus deal.

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Walmart Joins Amazon in Chase for Ad Dollars

As Amazon.com expands its share of the online advertising market, Walmart is trying to entice suppliers and other marketers with its own ad space and access to shopper data.

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Supermarkets Soured on Kraft Heinz and Its Pricing Tactics

Kraft Heinz’s yearslong quest for cost-cutting and profit damaged its relationships with supermarkets. Scaling back in-store promotions may also have helped lead to devaluing the Kraft and Oscar Mayer brands.

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Fiat Chrysler to Invest $4.5 Billion in Manufacturing in Michigan

Fiat Chrysler said it will spend $4.5 billion to expand factory production in Michigan, including building a new assembly plant in Detroit to produce Jeep sport-utility vehicles.

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Powell Affirms Patient Approach to Interest-Rate Changes

Fed chief Jerome Powell said the central bank is in no rush to move rates while officials assess the impact on the economy of slower global growth and financial-market turbulence.

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Americans With Disabilities Finding More Jobs, but in Familiar Fields

Americans with disabilities are working in greater numbers and their unemployment rate has fallen dramatically, but they remain disproportionately employed by governments and in low-wage occupations.

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Trump Pick to Oversee Fannie, Freddie Advances in Senate

A Senate panel voted along party lines to advance the nomination of Mark Calabria, President Trump’s pick to help overhaul the way many Americans finance their homes, setting up a likely confirmation this spring.

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U.S. Consumer Confidence Rose in February

A measure of consumer confidence in the U.S. rebounded robustly in February, as consumers’ future expectations improved after Congress reopened the government.

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Slowing Home Price Growth and Construction Hit Housing Market

Home prices in 2018 grew at their slowest pace in four years, while construction slumped, signaling that the housing market started this year on shaky footing.

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Tesla's Elon Musk Strains at SEC Leash With Tweets

Tesla CEO Elon Musk has until March 11 to answer federal regulators’ claims that tweets he issued last week violated an enforcement settlement he reached last year, a federal judge decided Tuesday.

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Apple, Facebook Fight Global Encryption Battle

International governments are passing laws that allow authorities to pressure tech companies such as Apple and Facebook for access to digital secrets.

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Activist Investors, eBay Nearing Settlement That Sets Stage for Possible Change

Online marketplace eBay and activist investors Elliott Management and Starboard Value are nearing a settlement deal that would give the activists board seats and could open the door to the company breaking itself up.

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Wynn Resorts to Pay $20 Million Fine Related to Sexual Misconduct Investigation

Nevada gambling regulators levied their largest fine in state history against Wynn Resorts after the company admitted that it ignored sexual misconduct allegations against founder and former Chief Executive Steve Wynn.

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Home Depot Blames Wet Weather for Soggy Sales

Home Depot executives said wet weather around the country hurt quarterly sales at the home-improvement chain and, despite sounding upbeat about consumer spending, tempered growth expectations for 2019.

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U.S. Takes Huawei Fight Directly to Telecom Industry

U.S. officials came to the world’s largest telecom trade fair to press allies to exclude Huawei equipment from next-generation cellular networks, calling the Chinese company’s gear a security risk.

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Papa John's Annual Sales Fall for First Time Since 2009

Papa John’s swung to a quarterly loss and reported its first annual sales decline in nearly a decade, underscoring a tumultuous year in which it lost a deal with the National Football League and ended up in an all-out fight with founder John Schnatter.

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SEC Asks Manhattan Federal Court to Hold Musk in Contempt

The Securities and Exchange Commission says in a court filing that a Feb. 19 tweet regarding projected production volumes in 2019 violated terms of a prior settlement.

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GE to Sell Its Biotech Business to Danaher for $21 Billion

GE agreed to sell its biotechnology business to Danaher for $21 billion in cash, moving to pay down debt by parting with one of its fastest growing businesses.

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Lawyers Spar Over Science at Start of Second Roundup Weedkiller Trial

Bayer began defending itself in a second trial alleging its Roundup weedkiller causes cancer, a case the company is under pressure to win to help stop a downward spiral of its share price.

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U.S. Firms Dial Back China Plans Amid Trade Fight

U.S. companies are planning their lowest rate of expansion in China since 2016 in response to growing uncertainty about U.S.-China relations and a slowing Chinese economy.

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Huawei Pooh-Poohs 5G Bans With an Advertising Offensive

As a challenge to key U.S. allies seeking to block it from rollouts of 5G networks, China’s Huawei Technologies unleashed an edgy ad campaign.

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Yellen Says Trump Doesn't Understand Economic Policy

Former Federal Reserve chairwoman Janet Yellen said she didn’t think President Trump understood economic policy or the mission of the Fed.

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Fed's Clarida Highlights Risks to Economic Growth From Abroad

Financial-market signals about slowing economic growth should be one of several indicators that inform monetary policy judgments, Federal Reserve Vice Chairman Richard Clarida said Monday in Dallas.

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Trump's Retreat on Tariffs May Help Keep Inflation Pressure at Bay, Report Says

President Trump’s decision to delay expanded trade tariffs on Chinese imports likely staved off higher U.S. inflation, new research suggests.

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U.K. Labour Party Would Back Second Brexit Referendum

The U.K.’s main opposition Labour Party said it would support holding a second Brexit referendum, a policy shift that breathes some life into the prospect of Britons voting again on whether the U.K. should leave the EU.

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Saudis Likely to Push to Maintain Output Cuts Despite U.S. Pressure

Saudi Arabia and others in OPEC are likely to back a continuation of oil-production curbs when the group meets in April, according to officials in the cartel, in defiance of U.S. pressure to keep crude prices low.

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After Brazil Tragedy, Mining Firms Call for New Oversight of Waste Dams

Large mining companies are calling for an independent, global body to monitor the risks posed by waste dams, as the industry scrambles to react to the collapse of a Brazilian dam that left at least 171 dead.

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Mining Giant Barrick Makes Unsolicited Bid for Rival Newmont

Barrick Gold said it has proposed an all-share merger with Newmont Mining, a move that could create a mining giant that would be valued at around $42 billion.

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Buffett: I Overpaid for Kraft Heinz

Warren Buffett said Berkshire Hathaway and Brazilian private-equity firm 3G Capital overpaid in 2015 when they helped Heinz buy Kraft to form Kraft Heinz, but he has no plans to sell.

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Pharmaceutical Industry CEOs Face Senate Hearing on Drug Prices

Executives for some of the biggest drug companies will visit Capitol Hill on Tuesday to face tough questions in a Senate hearing on the rising cost of medicines.

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Etsy Stock Rises, as Users and Sellers Grow

Etsy’s sales and profits beat Wall Street projections in the most recent quarter, and the online marketplace forecast another year of strong growth, sending shares up in extended trading.

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Former PepsiCo CEO Indra Nooyi Joins Amazon's Board

Indra Nooyi, the former chief executive of PepsiCo, has joined Amazon’s board of directors as the Seattle-based retail and technology giant continues its refresh of the panel.

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Bud's Super Bowl Ad Threatens to Derail Beer Alliance

A fight between America’s two biggest brewers is jeopardizing a proposed “Got Milk?”-style campaign intended to help struggling beer makers win back drinkers who have defected to wine and spirits.

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Frackers Face Harsh Reality as Wall Street Backs Away

The once-powerful partnership between fracking companies and Wall Street is fraying as the industry struggles to attract investors after nearly a decade of losing money.

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As Ex-Enron CEO Exits Prison, Some of Company's Old Businesses Thrive

Former Enron CEO Jeffrey Skilling re-enters a world in which some of the businesses built from his old company’s less appreciated assets have become formidable in their own right.

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Target Takes on Victoria's Secret

Target is launching lingerie and sleepwear lines, becoming the latest retail behemoth to challenge market leader Victoria’s Secret.

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'How to Train Your Dragon' Sequel Flies to Top

“How to Train Your Dragon: The Hidden World” topped the domestic box office over the weekend with $55.5 million.

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Trump to Delay Tariff Increases on Chinese Imports

President Trump said Sunday he would delay an increase in tariffs on Chinese goods, citing what he called substantial progress on issues including intellectual property and technology transfer.

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Google Is the Best---and the Worst--- Wireless Carrier

Google Fi, the search giant’s cellular service, offers simple smartphone plans that can save you money and now even run on iPhones—but it isn’t fast enough to keep up with the big carriers.

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India Increases Pressure on Amazon and Walmart

India proposed new rules for foreign e-commerce firms, the country’s latest move to rein in large American tech companies that dominate the country’s budding internet economy.

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Huawei's Foldable Smartphone Raises the Bar---and Price Tag

Just days after Samsung Electronics launched the industry’s first mainstream foldable-screen smartphone, China’s Huawei Technologies upped the ante with a competing device with an even more stratospheric price tag.

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'Apex Legends' Is EA's Move to Out-Fortnite 'Fortnite'

“Apex Legends,” the free, last-man-standing videogame that Electronic Arts launched Feb. 4 with no fanfare, is the first challenger to crack the armor of Epic Games Inc.’s juggernaut “Fortnite.”

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Buffett's Kraft Heinz Bet Dragged Down Berkshire Hathaway

Warren Buffett’s Berkshire Hathaway swung to a $25.4 billion loss in the fourth quarter due to an unexpected write-down at Kraft Heinz and unrealized investment losses.

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Despite Tight Job Market, Labor Force's Income Is Squeezed

With the U.S. labor market so tight that companies routinely complain of shortages, you’d think American workers are getting a bigger slice of the nation’s economic pie. But they’re not.

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Roche Nears Deal to Buy Spark Therapeutics for Close to $5 Billion

Roche Holding AG is nearing a deal to buy Philadelphia biotech company Spark Therapeutics Inc., according to people familiar with the matter, as the Swiss drugmaker seeks to expand its presence treating hemophilia.

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PG&E To Scrap Employee Bonuses After Protest From Fire Victims

PG&E is planning to scrap $130 million in bonuses owed to thousands of employees, a move that comes after protests from victims of several California wildfires.

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Plane Flying Cargo for Amazon Crashes in Texas

A plane flying cargo for Amazon.com crashed in Texas with three people on board, leaving a large debris field in a bay near Houston, authorities said.

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Oscar in the Age of Entertainment Overload

Audiences have more choices than ever before. For Hollywood, that might not be a good thing.

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Apps Send Sensitive User Information Directly to Facebook

Millions of smartphone users confess their most intimate secrets to apps, including personal health information. Unbeknown to most people, in many cases that data is being shared with someone else: Facebook.

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Fox Cuts Smollett From Final Episodes of 'Empire' Season

Actor Jussie Smollett, won’t appear in this season’s final two episodes of the Fox series “Empire” after he was charged by Chicago police with filing a false report.

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Evan Williams, Twitter Co-Founder, to Leave Board

Twitter co-founder and former Chief Executive Evan Williams is stepping down from the company’s board, closing a 13-year run that started with a simple idea to use up some leftover money.

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It Shook the Food Business by Snagging Burger King, Kraft and Heinz. Now 3G Is Reeling.

The Brazilian investment firm burst onto the scene a decade ago with a string of acquisitions, and then cut costs using a hard-nosed budgeting tactic to create efficient production machines. Now, after transforming the American consumer landscape, its strategy appears to be running out of juice.

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Barrick Gold Is Considering a Deal With Newmont

Barrick Gold said it may pursue a merger with rival Newmont Mining—a potential blockbuster deal that would unite the world’s two biggest gold producers and cap a flurry of recent, big acquisitions by gold miners.

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Federal Reserve Report Highlights 'Resilient' Financial System

The Federal Reserve said Friday the U.S. financial system remains “substantially” safer than before the 2007-09 recession but noted a significant expansion in business debt and weaker lending standards.

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China Trade Talks Extended as Trump Pushes to Close Deal

President Trump, citing progress in U.S.-China trade talks, said he is looking at extending a deadline to raise tariffs and hoping to meet next month with Chinese leader Xi Jinping to complete a broad trade agreement.

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Economists' Advice to Fed: Look at Rising Prices and Tight Labor Market

A paper presented at a monetary policy conference Friday argues Federal officials should worry that a tight labor market could generate more inflation than they want.

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Fed's Balance-Sheet Runoff Could End in Latter Half of 2019

The Federal Reserve could stop reducing Treasury holdings from its $4 trillion asset portfolio in the latter half of the year to determine underlying demand for the central bank’s liabilities, top officials said.

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At Trump-Kim Summit, Host Vietnam Blazes Trail for North Korea

When North Korean leader Kim Jong Un meets President Trump in Hanoi, the venue itself will carry a message for the dictator: Cooperate with the U.S. and you will open the door to an economic transformation like Vietnam’s.

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CNN President Defends Appointment of Former Trump Official

CNN President Jeff Zucker addressed concerns about his decision to appoint a former Trump administration official as political editor, clarifying that her role won’t involve steering election debate or town hall coverage.

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AutoNation Names Carl Liebert New CEO

AutoNation, the nation’s largest car-dealership chain, has named Carl Liebert its new CEO, tapping an industry outsider to steer the company through a period of transformation in the auto-retailing sector.

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Kushner Cos. Pays $1.1 Billion for Suburban Apartment Portfolio

Kushner Cos. has acquired a portfolio of rental apartments for $1.1 billion, its largest transaction in more than a decade.

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The Oscar Favorite That Created an Existential Crisis in Hollywood

“Never-Netflixers” hope a best-picture win for “Roma” won’t sever the connection between movies and theaters.

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Keeping Chanel on Top in the Post-Lagerfeld Era

The French luxury house has for years played hardball with retailers, and the industry is wondering whether it can keep its sway after Karl Lagerfeld’s death.

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U.S.-Huawei Fight to Take Center Stage at Trade Show

A large delegation of U.S. officials is heading to Spain for the world’s largest telecommunications trade show, planning to ratchet up a monthslong offensive against Huawei that has produced mixed results.

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Kraft Heinz Discloses SEC Probe, Misses Earnings Forecasts

Kraft Heinz on Thursday wrote down the value of its Kraft and Oscar Mayer brands by $15.4 billion, disclosed an investigation by federal securities regulators and slashed its dividend, sending its shares plunging after hours.

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Pinterest Files Confidentially for IPO

Pinterest has confidentially filed paperwork with the Securities and Exchange Commission for an initial public offering, joining a parade of highly valued technology startups planning to list their shares in 2019.

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U.S. Campaign Against Huawei Runs Aground in an Exploding Tech Market

The Chinese company’s low prices outweigh spying concerns for many countries ramping up 5G spending, in particular the pivotal internet economy of India. “The perception here is that the U.S. action is more a matter of foreign policy.”

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Under Armour CEO's Unusual Adviser: An MSNBC Anchor

Under Armour CEO Kevin Plank was questioned last year by the company’s board over his ties to MSNBC anchor Stephanie Ruhle, who has traveled on his private jet and provided input on a range of business matters, according to current and former executives.

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Apple, Goldman Sachs Team Up on Credit Card Paired With iPhone

The companies hope to lure cardholders by offering them extra features on Apple’s Wallet app, which will let them set spending goals, track their rewards and manage their balances.

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U.S. Bets on China's Special Envoy

As U.S.-China trade talks reach a pivotal point, the Trump administration is counting on the Chinese leader’s special envoy, Liu He, to get Beijing to accept tough new strictures that are increasingly controversial in Beijing.

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Business Investment Falters Amid Growing Global Economic Uncertainty

Demand for long-lasting goods produced by U.S. factories increased for the second month in a row in December, driven by orders for transportation equipment.

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U.S. Existing Home Sales Drop 1.2% in January

Sales of previously owned homes fell in January, a sign that demand for housing continued to cool at the start of the year.

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U.S. Jobless Claims Fell Last Week

The number of Americans filing applications for new unemployment benefits fell last week, a signal of labor market tightness

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Sackler Sought to Avoid Comparison of OxyContin to Morphine, Documents Show

A former Purdue Pharma LP executive and member of the company’s controlling family worked to ensure its top-selling pain medication OxyContin didn’t develop the end-of-life reputation of morphine.

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Departing Caesars CEO to Stay Longer, as Revenue Increases

Caesars Entertainment, which is being pushed to consider a sale by activist investor Carl Icahn, reported that revenue rose in the latest quarter and its departing chief executive will stay on longer than expected.

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Tesla's Model 3 Loses Recommended Status From Consumer Reports

Tesla’s Model 3 has lost its recommended status from Consumer Reports, less than a year after the magazine awarded it the coveted designation.

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Ford Investigating Process for U.S. Emissions Certification

Ford Motor said it will investigate its processes for U.S. emissions certification compliance after a group of employees raised concerns about its analytical modeling.

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Zion Williamson's Ripped Sneaker Puts Nike in a Bad Spot

A Nike sneaker worn by Duke University basketball star Zion Williamson, who is expected to be the top pick in this summer’s National Basketball Association draft, ripped open during a high-profile game, at least temporarily bringing down the athlete, and with him a sliver of the company’s share price and reputation.

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Baidu Reports 50% Quarterly Profit Drop but Revenue Beats Projections

Baidu reported stronger-than-expected revenue in the most recent period, driven by its search-engine business and artificial-intelligence initiatives.

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AT&T Gives 3G Service Three Years to Live

AT&T said it plans to stop serving 3G wireless devices in early 2022 as it makes room for more powerful standards, and rival Verizon has warned it will stop serving 3G cellphones at the end of this year.

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Pinterest Blocks Vaccination Searches

Pinterest has stopped returning search results for terms relating to vaccinations, a drastic step aimed at curbing the spread of misinformation.

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Lyft Plans to List Shares on Nasdaq

The ride-hailing company is expected to make its IPO filing public as early as next week.

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Nonprofits Grow Uneasy With Philanthropy Tainted by Opioid Proceeds

Two more prominent institutions are currently reviewing their philanthropic relationships with members of the Sackler family, owners of pain-pill maker Purdue Pharma.

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Samsung Galaxy S10 First Look: More Phones, More Cameras, More Money

A first look at Samsung’s Galaxy S10 lineup, the Galaxy S10e, S10, S10+ and S10 5G with a March 8 ship date, finds they offer some cool features—and 5G compatibility on one model—but no big technology leaps.

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Nestlé, McDonald's, Others Pull Ads From YouTube

Several companies suspended advertising on YouTube following a report documenting material on the video service that sexually exploits children.

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Fed Prepares to End Balance-Sheet Runoff Later This Year

Most Federal Reserve officials last month indicated they were ready to stop shrinking the central bank’s $4 trillion asset portfolio this year and believed an action plan should be released soon.

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The U.S. and China Fear Their Leaders Will Cave In on Trade Battle

Despite their sharp differences in style, background and policies, Chinese leader Xi Jinping and President Trump share a common problem: growing concerns on the home front that they are going to cave in to the other side.

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Green New Deal Won't Enjoy a Free Lunch at the Fed

At the end of the day, the Green New Deal will face the same constraints that all such undertakings do: They can’t spend more than the economy can produce. Ignoring those constraints will either lead to inflation, a politically weakened Fed, or both.

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Markets Warm to the Prospect of an ECB Funding Boost for Banks

Market participants are growing confident that the European Central Bank will soon try to boost the eurozone’s ailing economy by rebooting its program of ultracheap long-term loans to the banking system.

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New Details of Amazon, Berkshire Hathaway, JPMorgan Health Venture Emerge in Court Testimony

The health-care joint venture is looking at how to redesign health insurance, among other efforts, according to newly unsealed court testimony from an executive at the health startup.

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Investor Starboard Unhappy With Bristol-Myers' Deal to Buy Celgene

Activist investor Starboard is unhappy with Bristol-Myers’ deal to buy Celgene. The drugmaker’s fifth-largest shareholder, Dodge & Cox, is also unhappy with the deal.

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CVS Gives Downbeat Outlook for First Year as Merged Company

CVS Health offered a downbeat earnings projection for 2019, its first year as a merged health-care company, saying results would be dragged down by challenges in areas including its pharmacy-benefits and long-term-care businesses.

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Johnson & Johnson Is Subpoenaed for Talc Safety Information

Johnson & Johnson said it received subpoenas from the Justice Department and the Securities and Exchange Commission seeking documents related to the safety of its baby powder and other talc-containing products.

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'You Have to Package Yourself Differently'; Company Veterans Explore New Horizons

Executives often find it hard to jump ship after helping to steer the same workplace for years. Yet many longtime business leaders with strong track records are making the leap amid today’s booming job market, recruiters and coaches say.

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PetSmart vs. Petco: A Dogfight That Neither One Is Winning

Under new private-equity owners, Petco expanded in-stores services while PetSmart spent billions on online retailer Chewy. About three years since both companies’ takeovers, neither approach is a clear winner.

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Glencore, the King of Coal, Bows to Investor Pressure Over Climate

Commodity trader Glencore said it plans to cap its coal output in line with a global transition away from high-carbon-emitting fuels, a sharp shift for a company that for years has been bullish about the commodity.

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Walmart Posts Strong Holiday Sales Gains in U.S.

Walmart’s profit and sales rose over the winter holidays, a sign that the retail giant lured shoppers from rivals and that Americans continued to spend freely amid mixed economic signals.

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Ford to Exit Heavy-Truck Business in South America

The auto maker intends to stop making heavy trucks in Latin America and end production at an assembly plant in Brazil this year.

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Pentagon Cloud-Computing Contract Sought by Amazon Faces New Hurdle

A federal judge delayed a lawsuit over a massive Pentagon cloud-computing contract Amazon.com was favored to win while the government continues to investigate possible conflicts of interest in the procurement process.

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Karl Lagerfeld, Chanel's Creative Force, Dies

German designer Karl Lagerfeld, who dominated high fashion for decades and reinvigorated French couture house Chanel as creative director, has died.

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Companies Roll Out Gunshot Detectors at the Office

Corporate executives worried about workplace shootings are quietly installing gunfire-detection systems in U.S. offices and factories. Most don’t tell employees what the sensors are, for fear of alarming them.

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Europe Again Champions Intervention to Counter China's Economic Might

Europe’s struggle to keep up with China’s government coordination of business and economic might of the U.S. has prompted more European politicians to advocate interventionism.

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Fed's Mester Sees Rates Slightly Higher This Year

Cleveland Fed President Loretta Mester said she expects interest rates to rise slightly this year if the economy lives up to her expectation of solid performance.

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Worrying About Deficits Falls Out of Style

Washington’s red-ink alarms have gone dead, even though the annual deficit will reach roughly $900 billion this year, then pass the trillion-dollar mark annually starting in 2022. Is this lack of concern wise?

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Medtronic Swings to Profit Despite Slowdown in Heart-Failure Treatments

Higher sales of medical devices used in the treatment of brain and kidney diseases helped Medtronic offset a slowdown in sales of gear for heart conditions in its latest quarter.

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Acknowledge, Apologize, Investigate: How Brands Tackle Online Outrage

If it feels like there is a steady stream of fresh outrage over consumer-brand gaffes, it may be because companies have become more adept at managing controversy than at pre-empting it.

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In Rebuke to U.S., Germany Considers Letting Huawei In

Germany is leaning toward letting the Chinese tech giant participate in building its high-speed internet infrastructure despite U.S. warnings.

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Herbalife Sales Rise 9% in Latest Quarter

Herbalife Nutrition, whose chief executive abruptly resigned last month, reported a 9% sales increase in its latest quarter, driven largely by growth in Asia Pacific.

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Glencore to Cut Production at Major Copper, Cobalt Mine

Glencore plans to curb production at one of its biggest copper and cobalt mining operations, Mutanda Mining Sarl in Congo, potentially taking a sizable portion of two industrial metals out of circulation.

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Honda Plans to Shift Some U.K. Civic Production to North America

Honda’s chief said he wanted to move some production of Civics to North America from a closing U.K. car plant, offering an example of shifts that may ensue after Brexit.

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FAA Probes Southwest Airlines Over Baggage Weight Discrepancies

Federal air-safety regulators are investigating Southwest Airlines for widespread failures to accurately track the combined weight of checked bags loaded into each of its jets.

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Apple's Executive Shake-Up Readies Company for Life After iPhone

Apple is shaking up leadership and reordering priorities across its services, artificial intelligence, hardware and retail divisions as it works to reduce the company’s reliance on iPhone sales.

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Discounts on SUVs Are Getting Bigger as Dealer Inventories Rise

Auto makers are pulling back on discounts on sedans and shifting more promotional dollars to sport-utility vehicles and trucks.

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How Amazon Will Grow Without a New York HQ2

For Amazon, walking away from the New York HQ2 deal is unlikely to either slow its ascent or stop its hiring there. Beyond its Arlington, Va., HQ2, Amazon plans to boost hiring in 17 other cities in the U.S. and Canada it considers technology hubs—including New York.

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Honda to Shut Major U.K. Production Plant Amid Brexit Uncertainty

Japanese car-maker Honda Motor will shut a major production plant in the U.K., the latest auto group to plan a pull back from the U.K. as Brexit looms.

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As China Talks Resume, Trump Seeks a Win on Trade

As trade negotiations with China resume, the Trump administration is racing to strike a deal that will result in long-term reforms—and prove that tariffs are an effective battering ram to open markets around the world.

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Why Your Apps Can Find You, But 911 Can't

Smartphone apps can usually find users quickly and effortlessly, but 911 is often less accurate at finding callers from their cell phones. WSJ’s Spencer Macnaughton looks at efforts to make 911 services more precise.

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Europe's Pharmacies, Long Protected, Face Shake-Up

European apothecaries, a last bastion of the continent’s market-street past, are up against a fierce challenge from a Belgian entrepreneur who doesn’t follow their traditional rules designed to cushion competition.

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Partisan Rift Threatens Federal Data-Privacy Law

Congress set the stage last year to pass a sweeping consumer data-privacy law in 2019, but prospects for legislation are dimming amid sharpening divides among lawmakers over how far the federal government should go in reining in Big Tech.

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A $10 Accessory Proves Smartphones Are Too Big

Phones are too big and too hard to hold and use with one hand—and that’s why PopSockets last year sold 60 million PopGrips, a grip that attaches to the back of your giant smartphone.

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Worry About Debt? Not So Fast, Some Economists Say

As the national debt rises, some economists are making a once-heretical argument: The U.S. needn’t be so worried about all of its red ink.

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Global Economy Week Ahead

In the week ahead, the U.S. Federal Reserve releases January meeting minutes. The U.S. will also see fresh data on home sales and durable goods.

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Lawsuits Surge Over Websites' Access for the Blind

Businesses are getting sued over websites that can’t be accessed by the blind, with many companies facing their second or third lawsuit even after reaching settlements to upgrade sites.

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Import Wave Jams California Warehouses

A steady wave of imports into Southern California’s ports, driven by a robust U.S. economy and companies trying to get goods moving ahead of potential tariffs, has the region’s warehouses and shipping terminals overstuffed and distribution networks jammed.

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Airline Bookings to Offer New Gender Options

Airlines are planning to modify their reservation systems to give passengers who identify as neither male nor female other options when booking flights.

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The Tech Whiz Behind Vine and HQ Trivia Made Millions in His 20s. He Was Dead by 34

Self-taught coder Colin Kroll shot to startup fame, allowing him to live life in a fast lane. Friends saw him as a gentle, endearingly awkward soul, but he also fought with colleagues, attracted negative press for his behavior at work and struggled with drugs and alcohol.

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Amazon Leaves New York but Not the Spotlight

Amazon’s sudden move to abandon plans for a new campus in New York ends the protests in the city but doesn’t remove the national scrutiny being placed on the company.

from WSJ.com: US Business https://on.wsj.com/2GRFIpH
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Paper Towels Cost How Much?

As companies raise prices for a number of popular items, a look at the price bumps for eight leading products, from diapers to toothpaste.

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Tod's Loafers Have Won Over Royals and Hollywood---But Not Many Millennials

Tod’s, the Italian maker of chic leather loafers, isn’t sorry it missed the boat on marketing to fashion consumers in their 20s and 30s—but it still has some catching up to do.

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Payless to Close All U.S. Stores as It Prepares for Another Bankruptcy

Retailer Payless ShoeSource plans to close all of its roughly 2,100 stores in the U.S. and Puerto Rico, in what is likely to be the largest ever retailer liquidation.

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Uber Sales Growth Slows Further as IPO Nears

Uber Technologies, as it steers toward a planned IPO later this year, reported its slowest sales growth since the company began disclosing detailed financials two years ago.

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From Bezos to Dr. Phil, the Enquirer Turns to Bare Knuckle Tactics

Amazon’s Jeff Bezos joins the ranks of celebrities, including fitness guru Richard Simmons and talk-show host “Dr. Phil,” who have had to deal with the no-holds-barred approach of the National Enquirer.

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Investor Steve Jurvetson Talks About the Allegations That Derailed His Career

Venture capitalist Steve Jurvetson is back on the investment scene with a new fund, more than a year after he was hit with allegations that he mistreated women and left the firm he co-founded.

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Amazon Project Foundered on Labor Organizing, Debate Over Subsidies

Amazon scuttled its New York City project after talks to resolve the matter of labor organizing and to ease political opposition to subsidies failed to allay the company’s concerns.

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Chinese, U.S. Trade Negotiators Inch Toward a Broad Agreement

Negotiators made progress on a memorandum of understanding that could serve as the basis for a deal that President Trump and Chinese leader Xi Jinping could later finalize.

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Contradictory Data Confound Economists

Economic data are usually noisy, but this week included an onslaught of negative and often contradictory signals that made even seasoned economists scratch their heads.

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New Tariffs Threaten to Boost Prices of Imported Cars, Parts

The Commerce Department is wrapping its probe into whether imported cars and parts pose a national-security threat under U.S. trade law. Its findings could lead to levies that would make autos from Japan, Germany and elsewhere sharply more expensive.

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Factory Output Contracts Unexpectedly in January

U.S. industrial output fell sharply in January, primarily driven by a large drop in vehicle production.

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Transcript: WSJ Interview With San Francisco Fed President Mary Daly

San Francisco Fed leader Mary Daly discusses her outlook for interest rates and the economy, the winding down of the Fed’s bond portfolio, and reasons why a tight labor market hasn’t fueled stronger wage growth and higher inflation.

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Brazil Police Arrest 8 Vale Employees in Dam Disaster

Brazilian police arrested eight employees of mining giant Vale SA on suspicion of murder after a judge found evidence suggesting they had known for months about significant safety problems at one of its dams before it burst last month, killing more than 160 people.

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Private-Equity Firm Great Hill Partners in Talks to Buy Gizmodo Media Group

Great Hill Partners is in exclusive talks with Univision Communications to buy Gizmodo Media Group, a deal that would add a marquee digital brand to the private-equity firm’s portfolio.

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PepsiCo CEO Says No Plans to Break Up

Ramon Laguarta said he has no plans to break up the snacks and drinks giant, nor divest the company’s bottling operations, after completing a four-month review of the global business.

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Nissan Enlisted Japanese Government to Fend Off Renault Merger

Months before the arrest of auto titan Carlos Ghosn, the Japanese government intervened in talks about whether to merge Nissan and Renault .

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Deere Says Trade Tensions Holding Down Sales

Deere & Co. said farmers are delaying purchases of machinery as they wait for a resolution of trade standoffs between the U.S. and major foreign buyers of farm commodities such as China.

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Apollo to Buy Majority Stake in Cox TV Stations

Apollo Global Management has reached a deal with Cox Enterprises to buy a majority stake in its television stations and its Ohio radio and newspaper properties.

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Amazon Cancels HQ2 Plans in New York City

Amazon is abandoning plans for a headquarters in New York City after facing resistance from some local politicians who objected to giving the company billions of dollars in tax incentives.

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GE to Scale Back Boston HQ, Return $87 Million of Incentives

General Electric is scaling back its planned Boston headquarters, including selling the property and dropping plans to add hundreds of jobs.

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CBS Gets Ready to Press for New NFL Deal

The media company’s current contract with the National Football League runs through the 2022 season, but CBS executives are already making their case to the league for a new deal.

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Airbus to Retire the A380, the Superjumbo That Never Took Off

Airbus is halting production of the A380 superjumbo jet, abandoning the $16 billion project after airlines flocked to smaller, nimbler long-range jets.

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Nvidia's Revenue Sinks 24%, but Wall Street Feared Worse

Nvidia reported a 24% drop in quarterly revenue and signaled work ahead to shake off a funk in cryptocurrency mining and revive demand for its chips used by videogamers and data centers.

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Fed Officials Near Plan to Finish Portfolio Wind-Down

Federal Reserve officials are zeroing in on a strategy to end the wind-down of their $4 trillion asset portfolio as soon as this year, which would conclude an effort to drain stimulus from the financial system earlier than they had once anticipated.

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Retail Sales Fell in December at Fastest Pace Since 2009

U.S. retailers registered a far worse December holiday selling season than many analysts had realized, according to a government report that sent stocks lower and raised new questions about the economy.

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China Seeks to Woo U.S. With Promise of Big Chip Purchases

China is counting on promises of big purchases of semiconductors and other U.S. goods to ease trade tensions and persuade President Trump to extend a tariff truce and later resolve the market-rattling dispute directly with Chinese leader Xi Jinping.

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In Need of Workers, the Midwest Recruits From Puerto Rico

Midwest employers have stepped up recruiting in Puerto Rico after finding it hard to secure workers locally or via the H-2B visa program.

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Trump Pick Pledges to Preserve 30-Year Mortgage

The Trump administration’s pick to help overhaul the way many Americans finance their home purchases told Congress he would work to preserve the popular 30-year mortgage, a product he has criticized in the past.

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U.S. Push Against Huawei Gear Hits Obstacle: Carriers Love It

Washington’s campaign to get some of its closest European allies to give up telecommunications gear made by Chinese companies has been a tough sell.

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FedEx's No. 2 Executive to Leave, Weeks After Joining Board

FedEx veteran David Bronczek became a director on Jan. 28 and was a leading internal candidate to succeed founder and CEO Fred Smith.

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Icahn to Push Caesars to Consider Selling Itself

Carl Icahn, who owns roughly 10% of Caesars Entertainment, plans to push the casino operator to consider selling itself after it received at least two approaches.

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Coca-Cola Expects Sales Growth to Slow in 2019

Coca-Cola reported slightly stronger-than-expected revenue in its latest quarter, boosted by demand for tea, coffee, water and sports drinks, but the beverage company expects sales will slow in 2019.

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Canadian Oil Producers Miss U.S. Opportunity

U.S. sanctions on Venezuela have Gulf Coast refiners scrambling to find new sources for the dense crude oil they need to make fuel, but Canadian producers are finding the opportunity too expensive to exploit.

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Six Flags Shares Fall as Company Delays New Parks in China

Six Flags Entertainment Corp. said Thursday it would delay opening new theme parks in China as the country’s economy slows, resulting in lower-than-expected revenue in its latest quarter.

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PG&E's Bankruptcy Shows Blindspots in Green Investing

The bankruptcy filing by PG&E is the latest stumble by a company rated highly by environmentally focused investors, further exposing a weakness in a scoring system meant to measure risk for shareholders.

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GE Power Has a $92 Billion Backlog. For the New Boss, That's a Problem.

The turnaround of General Electric depends on the revival of its core power business, a reversal that will require CEO Larry Culp to churn through a $92 billion sales backlog marred by low-margin projects.

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Cisco Evades Trade Fallout as Revenue, Profit Rise

Cisco Systems boosted its quarterly dividend and stock buyback program following a strong quarter in which revenue growth beat Wall Street targets.

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Former Apple Lawyer Charged With Insider Trading

The former Apple executive who enforced the company’s insider-trading policies was charged criminally with violating those rules by allegedly dumping over $10 million in stock before the company announced it missed a metric for iPhone sales.

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Levi Strauss Looks Beyond Jeans With IPO

Levi Strauss, which invented bluejeans and dominated the category for more than a century, is looking to go beyond denim. It hopes to raise more than $600 million with an IPO.

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Lampert's Plan for Sears: Smaller Stores, Less Apparel

Edward Lampert, who steered Sears into bankruptcy and kept it alive with a $5.2 billion offer for its assets, says he will sell or sublease some of the 425 remaining stores, devote extra space to tools and appliances, and open more smaller stores.

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U.S. Tax Revenues Fall, Deficit Widens in Wake of New Tax Law

Federal tax revenue declined 0.4% in 2018, the first full calendar year under the new tax law, despite robust economic growth and the lowest unemployment rate in nearly five decades.

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Japanese Economy Scores Rebound

Japan’s economic growth rebounded in the last quarter of 2018 but the slowdown in China is expected to weigh going forward.

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Energy Prices Hold Down Overall U.S. Inflation

Volatile energy prices are holding down overall inflation in the U.S. economy, but underlying price growth remains steady.

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The Unrealistic Economics of the Green New Deal

The Green New Deal would both combat global warming and create millions of well-paid jobs. But by combining these goals, the Democratic plan would be absurdly expensive and deeply partisan—and thus more likely to set back than advance the climate cause.

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New Nafta Is Threatened by Partisan Split Over Enforcement

Disagreements between Democrats and the Trump administration over how to enforce trade rules is threatening to push off a congressional vote on the new version of Nafta.

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Tyson Made Its Fortune Packing Meat. Now It Wants to Sell You Frittatas.

The nation’s biggest meatpacker is trying to reinvent itself as a maker of packaged foods to insulate itself from the boom-and-bust cycles of its traditional business. So far, the going has been tough amid a historic meat glut. “That’s part of the struggle that goes on—what is Tyson Foods today?” said its chairman.

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Boss Talk: Meet the CEO Making Yoga Instructors Filmmakers

Anjali Sud has overseen Vimeo’s transition from a would-be Netflix competitor to a tech company that helps filmmakers create online content. Since she took over, the number of subscribers who use Vimeo’s video tools has climbed to 1 million.

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Driverless Car Data Shows Robots Still Need Humans

New California state records show driverless car companies are making progress but are still relying on human safety operators to take control of the wheel at times.

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Johnson & Johnson to Buy Surgical Robotics Maker Auris

A unit of Johnson & Johnson has reached a deal to buy medical-technology firm Auris Health for about $3.4 billion in cash, the company said Wednesday.

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Carlos Ghosn Replaces Lawyers, Hires 'the Razor' to Lead Defense

Facing trial in Japan on financial charges, former Nissan Motor Chairman Carlos Ghosn replaced his legal team and brought in a lawyer noted for high-profile cases to lead his defense.

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King of Generics Pushes Into Biotech Drugs

Israel’s Teva, the world’s largest maker of generic drugs, is looking for growth in an unlikely place: high-price biotech medicines.

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Dish Loses Subscribers as Disputes With HBO and Univision Continue

Dish Network reported that it lost subscribers in the latest quarter as pressure from blackouts of HBO and Univision weighs on its base.

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Amazon Slashed Prices at Whole Foods; Now They're Going Up

Whole Foods is raising prices again. Amazon cut prices after acquiring the grocer in 2017, but pressure from consumer-product makers has led Whole Foods to raise prices on hundreds of products.

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Nissan Rebuffed French Push for Renault Merger

The French government engaged directly in discussions with Nissan early in 2018 about the possibility of a full-blown merger with Renault, and Nissan made clear its opposition to the idea.

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Publishers Chafe at Apple's Terms for Subscription News Service

Apple’s plan to create a subscription service for news is running into resistance from major publishers who are balking at proposed financial terms.

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Apple Loses Ground to Huawei in China

Shipments of Apple’s iPhone in China slumped far more than overall smartphone shipments there last quarter, while local rival Huawei’s sales soared in the world’s biggest smartphone market.

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BuzzFeed News Employees Vote to Unionize

Employees at BuzzFeed News have voted to unionize, weeks after executives at the digital-media company announced substantial layoffs to steer the startup to profitability.

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Fed Chief Says Economic Expansion Has Been Uneven

Jerome Powell said during a visit to Mississippi Tuesday that the economic expansion hasn’t been evenly shared across the country, particularly in rural America, and addressed issues of poverty and discrimination.

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China, U.S. Seek Broad Outline of a Trade Pact This Week

Chinese and U.S. negotiators are focusing on producing a broad outline of a trade deal for their presidents to clinch at a possible summit.

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Job Openings Push Further into Record Territory at End of 2018

There were a seasonally adjusted 7.34 million job openings on the last business day of December, the Labor Department said, and openings exceeded the unemployed by more than 1 million.

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Auto Borrowing Rises as New Mortgage Loans Sag, New York Fed Says

Americans are borrowing more for cars and less for houses, according to a report released Tuesday by the Federal Reserve Bank of New York.

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Big Steel, a Tariff Winner, Steps Up Its Lobbying

Lobbying spending by steel producers, big beneficiaries of Trump administration tariffs, jumped last year to $12.2 million, the highest in at least two decades.

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Activision Blizzard to Cut Staff in Broad Restructuring

Activision Blizzard said it plans to cut about 8% of its workforce as the company grapples with changes in how people buy and play videogames.

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Molson Coors Hit by Decline in Drinking

The beer maker said it would spend more to draw young adults to its beers as the brewer tries to combat weaker sales in North America.

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Gucci Owner Admits to a Blind Spot on Blackface

The French billionaire who controls Gucci, François-Henri Pinault, acknowledged the label’s turtleneck sweater that resembles blackface was a mistake and pledged to beef up cultural-sensitivity efforts.

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Suit Accuses Current, Former CBS Executives of Insider Trading

A shareholder lawsuit alleges that several current and former CBS executives engaged in insider trading before sexual-harassment allegations against former chairman and chief executive Leslie Moonves became public.

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Lyft Founders to Tighten Grip With Supervoting Shares in IPO

John Zimmer and Logan Green are preparing to take near-majority voting control of ride-hailing company Lyft when it goes public this year, despite together owning a stake of less than 10%.

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Pentagon Drafts Artificial Intelligence to Fight Wildfires

The Defense Department said it is using its push into artificial intelligence to analyze reams of data gathered by drones to improve how wildfires are fought.

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Fashion Mogul Tommy Hilfiger Sells Miami Beach Hotel He Aimed to Restore

A company controlled by Mr. Hilfiger and its partner, Turkish conglomerate Dogus Group, are selling the historic Raleigh Hotel on Collins Avenue for $103 million.

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How Bad Is the China Slowdown? U.S. Companies Offer Some Answers

Fourth-quarter results from U.S. companies indicate that slowing growth in China is modest, but broad. Retailers and other companies catering to Chinese consumers face signs of weakness among the country’s growing middle class. Analysts fear a brutal quarter ahead.

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Prices of Pickup Trucks Charge Into Luxury-Car Territory

Ford, GM and Chrysler have in recent years introduced trucks at price points well into luxury territory, offering plusher interiors, more powerful engines and premium options.

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KPMG Ex-Partner Goes on Trial in 'Steal the Exam' Scandal

A criminal trial that starts Monday may shed more light on a high-profile scandal at the Big Four accounting firm: an effort to help it look better to its regulator that prosecutors say broke the law.

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Former Amazon Executive Emerges as Foe of Jeff Bezos

Jon Fine, the National Enquirer attorney at the center of what Jeff Bezos is calling a blackmail attempt, used to have a much different relationship with the Amazon founder. For nine years, Mr. Bezos was his boss.

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Europe's Biggest Job Opening in Years: President of the ECB

Europe’s faltering economy and fractious politics are complicating the region’s biggest personnel question in years: Who will replace Mario Draghi as president of the European Central Bank?

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U.K. Posts Slowest Growth in Six Years Amid Brexit Worries

The U.K. economy experienced its weakest growth since 2012 last year as businesses slashed investment in the face of growing uncertainty about the way in which the country will leave the European Union.

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N.Y. Fed Consumer Survey Finds More Negativity in January Outlook

In its January Survey of Consumer Expectations, the bank found that respondents now expect rising unemployment down the road and said the odds of losing a job have risen.

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Cost of Economic Incentives in New York Placed at $9.9 Billion

Spending on economic-development incentives in New York state increased 17% over two years, according to a report released Monday by an independent watchdog, which comes amid the dispute over giving Amazon tax breaks to place a site in Queens.

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Burger King's Parent Aims for More Global Growth

Restaurant Brands International, the parent of Burger King, Tim Hortons and Popeyes Louisiana Kitchen, is marching ahead on expanding the international presence of all three brands.

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Gannett Stands Firm in Rejecting Digital First's Takeover Proposal

Gannett said it continues to find a takeover proposal from Digital First Media inadequate after meeting with representatives from the hedge-fund backed newspaper chain last week.

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SoftBank Invests $940 Million in Nuro for Driverless Deliveries

SoftBank is investing nearly $1 billion in a robotic-delivery vehicle startup, a hefty injection of capital that could help accelerate the race to put driverless vehicles on the road.

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Rural U.S. Carriers Resist Proposed Telecom Ban Aimed at Huawei

President Trump is mulling an order that could ban Chinese telecom gear from U.S. networks, but the plan is facing resistance from rural carriers who rely on Huawei equipment.

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Amazon to Acquire Home Wi-Fi Company Eero

Amazon disclosed its latest bet to control the so-called smart home, adding to its fold a company that offers a Wi-Fi system that ditches traditional routers.

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Latest Funding Values Reddit at $3 Billion

Reddit was valued at $3 billion after a new financing round for the discussion forum that brought in Chinese internet giant Tencent as an investor.

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FDA Challenges Supplement Makers' Marketing Claims

The Food and Drug Administration sent warning letters accusing 17 nutritional-supplement makers of selling more than 58 products with improper claims that they can prevent, treat or cure serious diseases.

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Prepare to Pay More for Diapers, Clorox and Cat Litter

Makers of household staples started raising prices last year on diapers, toilet paper and trash bags to offset higher commodity costs and boost profits. Executives are promising to raise even more prices this year.

from WSJ.com: US Business https://on.wsj.com/2MZuIrf
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Jeff Bezos's Journey From Private Family Man to Tabloid Sensation

The Amazon CEO cultivated a persona of the billionaire who did dishes, until his company moved into Hollywood. There, he took on the trappings of a very different lifestyle, where people and events are much harder to control.

from WSJ.com: US Business https://on.wsj.com/2SKiurG
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Tesla Is Cranking Out Model 3s---Now It Has to Service Them

Tesla Model 3 owners face unusually long waits for repairs, a drawback to being a customer of an upstart company that has built a coveted luxury brand but is still learning some of the basics.

from WSJ.com: US Business https://on.wsj.com/2MXz3eB
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A Tale of Two Steel Firms and Their Diverging Paths Under Trump's Tariffs

The shifting fortunes of two family businesses show how steel tariffs imposed last year have created opportunities for some and challenges for others.

from WSJ.com: US Business https://on.wsj.com/2SKirMw
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Boeing and Regulators Delay Jetliner Fixes Prompted by Lion Air Crash

Engineering and regulatory complications are expected to delay safety fixes covering hundreds of Boeing 737 MAX jets until at least April.

from WSJ.com: US Business https://on.wsj.com/2N3ENDG
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What Really Ails American Capitalism

If the political discourse manages to move past its obsession with buybacks, there are plenty of real issues that investors should be watching closely, writes James Mackintosh.

from WSJ.com: US Business https://on.wsj.com/2SKiqIs
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Fed Official Calls for Overhaul in Assessment of Financial-Sector Threats

Global regulators must revamp the way they assess new threats to the financial system, as the tide of postcrisis rules crests and the financial sector evolves, a top Federal Reserve official said.

from WSJ.com: US Business https://on.wsj.com/2N0b8ej
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U.S. Economy Week Ahead: Inflation, Delayed Retail Sales

The U.S. will see data on inflation, retail sales, industrial output and sentiment.

from WSJ.com: US Business https://on.wsj.com/2SKipEo
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It's the Real World---With Google Maps Layered on Top

The coming Google Maps augmented-reality navigation feature will look through your phone’s camera to figure out where you are and show you where you are going.

from WSJ.com: US Business https://on.wsj.com/2N0ldYA
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'The Lego Movie 2' Collapses at the Box Office

Hollywood looked to “The Lego Movie 2: The Second Part” to help it recover from a dismal January at the box office, but the Warner Bros. franchise failed to deliver.

from WSJ.com: US Business https://on.wsj.com/2SKinwg
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'Black Panther' and 'A Star Is Born' Lead Soundtrack Resurgence

For the first time in nearly 20 years, a movie soundtrack is nominated for album of the year Grammy Award.

from WSJ.com: US Business https://on.wsj.com/2MWOBPJ
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Vale Denied Having 'Upstream' Dams Ahead of Deadly Accident

Vale had denied owning the sort of mine-waste dam that collapsed last month and killed at least 150 people at one of its old mines in Brazil, underscoring the industry’s reluctance to disclose information about such structures.

from WSJ.com: US Business https://on.wsj.com/2GB7A0U
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Fortnite-Marshmello Mashup Showcases New Avenues for Games, Music

The videogame “Fornite” for 10 minutes put away its guns and transported players to a live virtual performance by Marshmello, in a pop-culture mashup that spoke not only to the game’s popularity but to its potential as a stage for all kinds of entertainment.

from WSJ.com: US Business https://on.wsj.com/2E2AO77
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The Internet, Divided Between the U.S. and China, Has Become a Battleground.

As China and the West race for 5G dominance, two digital powers with very different approaches to technology are staking out their corners. Some Silicon Valley executives worry the divergence risks giving Chinese companies an advantage in new technologies.

from WSJ.com: US Business https://on.wsj.com/2Doz5rh
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This Thriving City---and Many Others---Could Soon Be Disrupted by Robots

When the machines come for our jobs, they’ll go to places like Lakeland, Fla., first, our columnist says.

from WSJ.com: US Business https://on.wsj.com/2GfTToM
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China's Demographic Danger Grows as Births Fall Far Below Forecast

The end of China’s draconian one-child policy has failed to bring an expected boom in births, adding yet another headwind to the country’s economy and compounding worries about its long-term growth potential.

from WSJ.com: US Business https://on.wsj.com/2DsD2vh
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Prosecutors Weigh Whether National Enquirer Violated Earlier Agreement

Federal prosecutors are examining whether the National Enquirer’s dealings with Amazon.com founder Jeff Bezos violated a nonprosecution agreement the tabloid’s publisher signed last year.

from WSJ.com: US Business https://on.wsj.com/2SJKsnk
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Mattel, Hasbro Stung by Collapse of Toys 'R' Us

Hasbro and Mattel both posted steep quarterly sales declines across most of their toy portfolios as last year’s liquidation of Toys “R” Us disrupted the key holiday season.

from WSJ.com: US Business https://on.wsj.com/2MYvBQB
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Arconic Plans to Break Itself Apart

Aluminum-parts manufacturer Arconic plans to spin off one of its two main units after rejecting a $10 billion offer for the entire company and replacing its chief executive.

from WSJ.com: US Business https://on.wsj.com/2SyxuJe
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Amazon Reconsidering Plan to Put Campus in New York City

Amazon executives are re-evaluating a planned campus in New York City, people familiar with the matter said, turning up the heat on local officials who have rallied opposition to giving billions of dollars in tax incentives to one of the world’s most valuable companies.

from WSJ.com: US Business https://on.wsj.com/2MWQ7RT
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