Amazon Reports Third Record Profit in a Row

Amazon.com capitalized on a strong holiday season and its high-margin businesses in its latest quarter, but India and increased spending loom as challenges to future results.

from WSJ.com: US Business https://on.wsj.com/2MKPvhU
via IFTTT

U.S. Moves to Curb Drug Rebates in Medicare, Medicaid

The Trump administration proposed curbing billions of dollars in annual rebates that drugmakers give middlemen in Medicare and some Medicaid plans, a practice it has blamed for inflated prescription prices.

from WSJ.com: US Business https://on.wsj.com/2MKT5Zm
via IFTTT

GE Cites Progress Toward Turnaround After Tough Year

General Electric said it was making progress in turning around the troubled conglomerate, after the company reported another quarter of weak profits in its core power business and legacy problems in its GE Capital unit.

from WSJ.com: US Business https://on.wsj.com/2DNcdmE
via IFTTT

Oil Trains Make Comeback as Pipelines Can't Keep Up

The use of trains to carry crude is surging as drillers in parts of North America produce more oil than pipelines can accommodate.

from WSJ.com: US Business https://on.wsj.com/2MHeFhF
via IFTTT

Los Angeles Rams Struggle to Win Over Hometown TV Audience

The Los Angeles Rams’ overtime victory over the New Orleans Saints in the NFC championship was arguably the franchise’s biggest moment in nearly two decades. But it wasn’t even the most-viewed football game in Los Angeles that day.

from WSJ.com: US Business https://on.wsj.com/2DLYZqD
via IFTTT

Trump Gives Upbeat Assessment of Trade Talks With China

The U.S. and China moved closer to settling their trade dispute, with President Trump saying he expects to meet again with Chinese President Xi Jinping to resolve the conflict that has rattled the global economy.

from WSJ.com: US Business https://on.wsj.com/2DOvILP
via IFTTT

Herman Cain, Marvin Goodfriend Being Considered for Fed Governor

Former presidential candidate Herman Cain and Carnegie Mellon economist Marvin Goodfriend are among those President Trump is considering for one of two vacancies on the Federal Reserve’s board of governors.

from WSJ.com: US Business https://on.wsj.com/2MHeN0D
via IFTTT

Jobless Claims Jumped Last Week

The number of Americans filing applications for new unemployment benefits rose sharply last week, although claims filed by federal employees ticked down during the fourth week of a monthlong partial government shutdown.

from WSJ.com: US Business https://on.wsj.com/2DNL7fy
via IFTTT

New-Home Sales Surged in November

New-home sales rose in November 16.9% from a month earlier to a seasonally adjusted annual rate of 657,000, the Commerce Department said

from WSJ.com: US Business https://on.wsj.com/2MK0vw3
via IFTTT

China Slowdown Hits Growth Globally

China’s slowing economy is sending shock waves through its trading partners around the world, retarding economic growth far from China’s shores and taking a toll on companies in Asia, the U.S. and Europe.

from WSJ.com: US Business https://on.wsj.com/2DM6dea
via IFTTT

Intel's CEO Search Ends Where It Began: With the CFO

Intel named as its new CEO Bob Swan, the finance chief who was acting CEO, at a time when demand for its once-hot data-center chips is cooling.

from WSJ.com: US Business https://on.wsj.com/2DMPO9g
via IFTTT

Elon Musk's Surprise Pick for Tesla CFO Is a Relative Unknown

Tesla’s latest C-suite shake-up will thrust a 34-year-old relative unknown, Zach Kirkhorn, into the spotlight as financial chief of one of the most heavily scrutinized Silicon Valley companies.

from WSJ.com: US Business https://on.wsj.com/2DM6cXE
via IFTTT

Facebook, Twitter Remove Accounts to Combat Foreign Misinformation

Facebook and Twitter said they removed hundreds of fake accounts from Iran and Venezuela spreading misinformation on their social-media platforms.

from WSJ.com: US Business https://on.wsj.com/2MHeH9h
via IFTTT

Venezuela's Citgo Weighs Bankruptcy, Other Options

Citgo Petroleum is considering various options, including filing for bankruptcy in the U.S., to protect its operations amid a fight between the Trump administration and Venezuela’s ruling leftist government over control of the South American country’s state-owned energy assets.

from WSJ.com: US Business https://on.wsj.com/2DOvUux
via IFTTT

Scooter Startup Lime Is Raising $400 Million at $2 Billion Valuation

Scooter startup Lime is raising $400 million at a $2 billion valuation in the latest funding round, according to a regulatory filing. This is a big boost to the ride-sharing electric-scooter sector that has seen sizeable investor interest despite questions about profitability and vandalism.

from WSJ.com: US Business https://on.wsj.com/2MHeGCf
via IFTTT

Germany Weighs Purchase of 45 Boeing-Made F/A-18 Warplanes

Germany is considering purchasing 45 Boeing-made F/A-18 warplanes for its air force, German government officials said, in what would be a win for the Trump administration but a surprise blow to Boeing rival Lockheed Martin.

from WSJ.com: US Business https://on.wsj.com/2MHeIKn
via IFTTT

Facebook Reports Record Profit

Facebook posted record profit in the fourth quarter, showing the resilience of the social-media giant’s business even as it battled through a string of challenges.

from WSJ.com: US Business https://on.wsj.com/2SkzkNy
via IFTTT

Apple's China Problem May Require a New iPhone

For years, Apple has operated on the assumption that it gets to set the world’s tastes. Its struggles in China are causing some close observers of the technology giant to say that needs to change.

from WSJ.com: US Business https://on.wsj.com/2HG54Zn
via IFTTT

Qualcomm Expects Another Drop in Revenue

Qualcomm’s revenue is expected to decline for the third consecutive quarter as Apple and others continue to withhold royalty payments amid legal challenges.

from WSJ.com: US Business https://on.wsj.com/2Sfbtip
via IFTTT

Microsoft's Gains Tempered by Chip Shortages

The tech giant said computer-chip shortages cut into expected sales of its Windows operating system in the last three months of 2018 and that the scarcity hasn’t been resolved.

from WSJ.com: US Business https://on.wsj.com/2HFZIgN
via IFTTT

Tesla Notches Another Quarterly Profit

Tesla chief Elon Musk committed the Silicon Valley auto maker to an ambitious goal this year: a profit in every quarter. If it does deliver, it will be with a new chief financial officer.

from WSJ.com: US Business https://on.wsj.com/2Si7UrE
via IFTTT

Fed Signals Hold on Rate Increases

The Federal Reserve indicated Wednesday that it was done raising interest rates for now, fueling a market rally.

from WSJ.com: US Business https://on.wsj.com/2HFZJ4l
via IFTTT

The Fed's Mysterious Pause

The Federal Reserve’s monetary tightening hasn’t just paused; it may be over.

from WSJ.com: US Business https://on.wsj.com/2Sivp3V
via IFTTT

Shutdown Shows American Institutions Are Alive and Kicking

The record-setting government shutdown disrupted thousands of lives, undermined the economy and left President Trump and Democrats with nothing to show for it. But for American democracy, it was a heartening victory.

from WSJ.com: US Business https://on.wsj.com/2HJhIH9
via IFTTT

What Can the U.S. Sell China? Services

As negotiators meet this week to hammer out a new U.S.-China trade deal, analysts say part of the solution is for the U.S. to sell more business services to the Chinese.

from WSJ.com: US Business https://on.wsj.com/2SgAZUq
via IFTTT

U.S. Economy Is Slowing, Survey Says

GDP grew at a 2.6% annual rate last quarter and will expand at a 1.8% clip this period, according to a Journal poll. Economists say a big slowdown in China and slower growth in Europe are holding back the U.S.

from WSJ.com: US Business https://on.wsj.com/2HP8jOy
via IFTTT

GE Faces a Capital Dilemma Over Its Jet-Leasing Business

General Electric’s lending business has run up losses in recent years, but it also contains one of the embattled conglomerate’s best assets: the world’s biggest aircraft-leasing company. Now, several potential suitors have expressed interest in buying some or all of it.

from WSJ.com: US Business https://on.wsj.com/2SgAXMi
via IFTTT

Howard Schultz's Presidential Bid Brews Trouble for Starbucks

Just as Starbucks was turning a corner in its difficult U.S. market, the chain is facing a new worry: Howard Schultz’s presidential aspirations.

from WSJ.com: US Business https://on.wsj.com/2HJhBLJ
via IFTTT

PG&E Violated Probation, Federal Judge Says in Heated Hearing

U.S. District Judge William Alsup found PG&E in violation of its criminal probation in a testy hearing in which he questioned the company’s honesty and commitment to safe operations.

from WSJ.com: US Business https://on.wsj.com/2SgAVEa
via IFTTT

New Details on Amazon, Berkshire Hathaway, JPMorgan Health Venture Emerge in Court Battle

Health giant UnitedHealth Group went to court to try to stop a former executive from working for a company it sees as a competitor, the health-care venture launched by Amazon, Berkshire Hathaway and JPMorgan Chase.

from WSJ.com: US Business https://on.wsj.com/2HJhwrp
via IFTTT

Mondelez Continues to Raise Snack Prices

The Deerfield, Ill.-based maker of Oreo cookies, Wheat Thins and other snacks began raising prices last year and says charging more for its snacks in the U.S. will help cover rising costs this year.

from WSJ.com: US Business https://on.wsj.com/2SnaQ6F
via IFTTT

Boeing's Sales Climb on Air-Travel Demand

Boeing expects sales to rise as much as 10% this year as the aerospace giant ramps up production to meet global demand for air travel. The company said fourth-quarter profit rose 3% to $3.4 billion.

from WSJ.com: US Business https://on.wsj.com/2HJhuQj
via IFTTT

Apple's Revenue and Profit Drop: 'The iPhone Has Matured'

Apple Inc. posted a quarterly decline in both revenue and profit, the first time in more than a decade for the December quarter, underlining its need to reignite slowing iPhone sales and get more growth from services.

from WSJ.com: US Business https://on.wsj.com/2MHdyOK
via IFTTT

EBay to Pay Its First-Ever Dividend

EBay said it would pay a 14-cent dividend in March, its first ever, as the company faces pressure from hedge-fund investors to improve shareholder returns.

from WSJ.com: US Business https://on.wsj.com/2Ws1TIi
via IFTTT

Southwest Agreed to Pay FAA for Inspector's Time During Government Shutdown

The deal was highly unusual because it was prompted by senior agency officials and came at a time when local Federal Aviation Administration managers nationwide were warning inspectors to restrict their work to core safety matters.

from WSJ.com: US Business https://on.wsj.com/2RqxXZ9
via IFTTT

AT&T Wants to Be Big in Entertainment. First, It Has a $49 Billion Problem to Fix.

The telecom giant is attempting to expand its footprint in a media industry currently in a state of flux. But since acquiring DirecTV in 2015, the satellite pay-TV service has become a drag on AT&T’s business and public image.

from WSJ.com: US Business https://on.wsj.com/2WtJn2c
via IFTTT

Bankruptcy Filing Sets PG&E Up for Overhaul

PG&E set in motion what is expected to be a long and complex chapter 11 reorganization that will remake the sprawling provider of natural gas and electric service to 16 million Californians.

from WSJ.com: US Business https://on.wsj.com/2Rn6Y0F
via IFTTT

Plain-Spoken Fed Chairman Sometimes Leaves Markets Confused

Fed Chairman Jerome Powell likes to think of himself as a straightforward communicator, but his past three months as the bank’s leader have proved challenging as markets have occasionally misinterpreted his remarks.

from WSJ.com: US Business https://on.wsj.com/2B87mLi
via IFTTT

U.S. Consumer Confidence Declines

Consumer confidence dropped in January for the third straight month, likely hit by political discord in Washington, in addition to market and economic uncertainty weighing on U.S. households.

from WSJ.com: US Business https://on.wsj.com/2TmC0Yq
via IFTTT

As China Trade Talks Begin, Trump Faces Pressure to Make a Deal

As the U.S. and China resume high-level trade talks Wednesday, President Trump sees himself with the upper hand given China’s lagging economic growth, but he and his administration face pressure to cut a deal.

from WSJ.com: US Business https://on.wsj.com/2MEdkrF
via IFTTT

Mnuchin Open to Pairing Debt Ceiling With Spending Package

Treasury Secretary Steven Mnuchin is open to the idea of attaching the debt-limit suspension to a must-pass spending measure to keep the government open beyond Feb. 15. But lawmakers from both parties poured cold water on that strategy.

from WSJ.com: US Business https://on.wsj.com/2TmYYhY
via IFTTT

Trump Won't Act Alone to Move Fannie, Freddie Out of Government Control

The Trump administration plans to work with Congress to overhaul mortgage-finance giants Fannie Mae and Freddie Mac, a White House spokeswoman said Tuesday—playing down the idea the administration will seek to unilaterally release the firms from government control.

from WSJ.com: US Business https://on.wsj.com/2MEJ8ga
via IFTTT

Harley-Davidson's Motorcycle Sales Fall Again

Harley-Davidson said sales of its motorcycles fell again last year, raising the stakes for a fleet of new models meant to revive demand in the company’s core U.S. market.

from WSJ.com: US Business https://on.wsj.com/2sVVvvk
via IFTTT

AMD Guides for Slower Growth This Year

Advanced Micro Devices expects revenue this year to grow at a more conservative pace as the chip maker faces weaker sales of graphics processors with the cooling of a once-hot cryptocurrency market.

from WSJ.com: US Business https://on.wsj.com/2MEdf7l
via IFTTT

Verizon's Profit Stung by Oath Restructuring

Verizon’s core wireless business continues to add customers in the crowded U.S. market, but quarterly profit was hit by charges related to a restructuring at the company’s struggling media business.

from WSJ.com: US Business https://on.wsj.com/2t3azYh
via IFTTT

Vale to Dismantle 10 Dams in Wake of Brazil Mining Disaster

Brazil’s Vale said it would dismantle 10 dams that are similar to the one that collapsed on Friday, killing at least 84 people, after police arrested five people in connection with the disaster earlier Tuesday.

from WSJ.com: US Business https://on.wsj.com/2ME3W7u
via IFTTT

Airlines Cancel Flights as Arctic Chill Bears Down on Midwest

More than a thousand flights are being grounded as a blast of arctic air barrels over the Midwest, bringing with it temperatures too low for airfield workers to load bags or get planes ready for takeoff.

from WSJ.com: US Business https://on.wsj.com/2WvMkiz
via IFTTT

GameStop Ends Search for a Buyer, Shares Plunge

GameStop has ended plans to sell itself after being in talks with prospective buyers for several months, prompting investors who had been betting on a deal to sell off shares.

from WSJ.com: US Business https://on.wsj.com/2Rn6V4Z
via IFTTT

The U.S. Case Against Huawei

Two separate U.S. indictments form the basis of 23 criminal charges alleging Huawei violated sanctions and stole intellectual property. Huawei denied them all.

from WSJ.com: US Business https://on.wsj.com/2WvMiHt
via IFTTT

Pfizer Results Hurt by Pricing Challenges

Pfizer reported a fourth-quarter loss as the pharmaceutical company faced pricing challenges in the U.S. and tougher generic competition.

from WSJ.com: US Business https://on.wsj.com/2RqlLrB
via IFTTT

Wynn Resorts to Settle Regulator's Sexual-Misconduct Probe

Wynn Resorts executives turned a blind eye as Steve Wynn over more than a decade was accused of sexually assaulting or harassing cocktail servers, salon workers and flight attendants employed by his casino empire, according to allegations contained in a regulator’s report.

from WSJ.com: US Business https://on.wsj.com/2HDIuR9
via IFTTT

U.S. Levels Criminal Charges Against China's Huawei

The Trump administration unveiled a sweeping set of criminal charges against China’s Huawei Technologies in its latest salvo against the telecom giant just days before U.S.-China trade talks are set to resume.

from WSJ.com: US Business https://on.wsj.com/2SbTn0z
via IFTTT

As PG&E Preps for Bankruptcy, Professionals Eye Fee Bonanza

PG&E’s planned bankruptcy to deal with liabilities from California wildfires will be long and costly—and it may bring little relief from legal troubles stemming from its safety record.

from WSJ.com: US Business https://on.wsj.com/2HDWI4J
via IFTTT

For Bill Simmons's the Ringer, Podcasting Is the Main Event

Former ESPN commentator Bill Simmons is embracing his role as a contrarian in the media industry. His young company the Ringer has bet big on digital audio, with a network of 28 podcasts that garner about 35 million downloads a month.

from WSJ.com: US Business https://on.wsj.com/2HxU6VQ
via IFTTT

Caterpillar's Profit Outlook Dims as China Slows

Caterpillar set lower-than-expected profit targets for 2019, as China’s slowing economy and higher material and transportation costs weighed on the machinery giant

from WSJ.com: US Business https://on.wsj.com/2SasBpw
via IFTTT

Big Divides Remain as U.S.-China Trade Talks Resume

Cabinet-level delegations from the U.S. and China will resume trade negotiations Wednesday, but early indications are that the two sides remain sharply divided, suggesting a hard slog ahead for a deal to be cut before a March 1 deadline.

from WSJ.com: US Business https://on.wsj.com/2HFxS4m
via IFTTT

CBO: Shutdown Will Cost Government $3 Billion of Projected 2019 GDP

The partial government shutdown will cost the government about $3 billion and will subtract about 0.4 percentage point from annualized gross domestic product growth in the first quarter, the Congressional Budget Office said.

from WSJ.com: US Business https://on.wsj.com/2ScuDoV
via IFTTT

The Cost of the Shutdown

The partial government shutdown, the longest on record, caused modest harm to the economy overall but had more acute effects on individual workers and certain businesses. Here are the disparate effects, by the numbers.

from WSJ.com: US Business https://on.wsj.com/2HBMHot
via IFTTT

A $4 Trillion Scapegoat for Volatility: the Fed's Shrinking Portfolio

Some investors blame the stock market’s volatility on the Federal Reserve shrinking its bond portfolio, but the critique puzzles Fed officials and some economists.

from WSJ.com: US Business https://on.wsj.com/2ShEDNI
via IFTTT

Facebook Opens New Fronts to Combat Political Interference

Facebook is planning a dedicated effort to fend off interference in the European Union’s parliamentary election campaign this spring, part of a broader effort to defend against political interference.

from WSJ.com: US Business https://on.wsj.com/2HAozCU
via IFTTT

SEC Investigates Nissan Over Carlos Ghosn's Pay Disclosures

The SEC is investigating Nissan in connection with former Chairman Carlos Ghosn’s pay disclosures, requesting documents from both the car maker and Mr. Ghosn.

from WSJ.com: US Business https://on.wsj.com/2Sbo9qE
via IFTTT

Big Railroads Don't See Slowdown on Horizon for U.S. Economy

The chief executives of CSX and Union Pacific say conversations with their shippers, which represent a broad cross-section of industries from agriculture to chemicals, generally show optimism about the coming year.

from WSJ.com: US Business https://on.wsj.com/2HDqAyd
via IFTTT

Nvidia Lowers Guidance on Weakness in China, Cloud Computing

Nvidia lowered its quarterly revenue outlook by $500 million because of what it said was weakening demand in China and a rocky cloud-computing business, a revision that sent its already beleaguered shares down further.

from WSJ.com: US Business https://on.wsj.com/2SgvcOw
via IFTTT

Salvaged 'Rent' Signals Trouble for Live TV Musicals

“Rent” drew 3.6 million total viewers, the weakest viewership of a live musical on TV in more than five years.

from WSJ.com: US Business https://on.wsj.com/2HzuOXv
via IFTTT

IT Spending Expected to Rise in 2019 Amid Shift to Cloud Services

Global spending on information technology is expected to rise 3.2% this year, as corporate IT budgets continue to shift into cloud services and away from on-premise data centers, according to Gartner.

from WSJ.com: US Business https://on.wsj.com/2S5K2aT
via IFTTT

Brazil to Pursue Criminal Charges Against Vale After Deadly Disaster

Brazil’s top prosecutor said she would pursue criminal charges against executives at Vale SA, the world’s largest iron-ore miner, and the government said it was ordering inspections at dams across the country after a deadly disaster at one the company owned.

from WSJ.com: US Business https://on.wsj.com/2HKFjYe
via IFTTT

Pfizer Pivots to Cancer Drugs for Growth

Pfizer is seeking a new round of growth by treating cancer and is among the big pharmaceutical companies trying to expand in oncology.

from WSJ.com: US Business https://on.wsj.com/2G17BLv
via IFTTT

U.S. Pension Insurer Slams Lampert Bid for Sears

The Pension Benefit Guaranty Corp. says a $1.7 billion funding gap should sink Chairman Edward Lampert’s efforts to buy out the chain. It’s the latest and most influential creditor to oppose the sale.

from WSJ.com: US Business https://on.wsj.com/2FSDXbW
via IFTTT

Manufacturers Take Sales Hit in China

U.S. companies that bet heavily on China’s expansion are watching that opportunity shrink, as Chinese demand for U.S. goods weakens and U.S. factories’ export activity declines.

from WSJ.com: US Business https://on.wsj.com/2G1H1Sq
via IFTTT

From Wi-Fi to Bluetooth to 5G, All Your Wireless Is About to Change

As billions of new devices come online, the way they connect is changing. Here’s what you need to know about Wi-Fi 6, Bluetooth 5 and, of course, 5G cellular.

from WSJ.com: US Business https://on.wsj.com/2RQpnbe
via IFTTT

Google, Amazon Seek Foothold in Electricity as Home Automation Grows

Google and Amazon.com are seeking ways to expand smart speakers, internet-connected thermostats and other devices to harvest data about consumers’ energy use.

from WSJ.com: US Business https://on.wsj.com/2CJX6Zu
via IFTTT

Expecting a Big Tax Refund? Don't Be So Sure

There is an important unknown for most Americans as the first filing season under the 2017 tax overhaul starts Monday: How big will their refunds be?

from WSJ.com: US Business https://on.wsj.com/2RSQAKG
via IFTTT

Global Economy Week Ahead

In the week ahead, the U.S. will see the January jobs report. Overseas, new economic growth data in France and manufacturing data in China will help shed light on the state of global economic growth.

from WSJ.com: US Business https://on.wsj.com/2CNDwMg
via IFTTT

New Job for Robots: Taking Stock for Retailers

Keeping track of inventory and doing it quickly has become one of the most pressing supply-chain concerns for merchants as they try to put into place new strategies for selling and delivering goods under the fast-changing demands of e-commerce.

from WSJ.com: US Business https://on.wsj.com/2RQYxjo
via IFTTT

Universal Music Sale Puts Resurgent Industry on the Market

Vivendi’s plans to sell half of Universal, the world’s biggest music company, will allow it to cash in on the music-streaming revolution and give potential investors the chance to participate in the resurgent industry.

from WSJ.com: US Business https://on.wsj.com/2CYZa0b
via IFTTT

Versum Materials, Entegris Near Stock-Swap Merger Deal

Versum Materials is in advanced talks to combine with Entegris, in a deal that would unite two chemical companies that make critical components for the semiconductor industry.

from WSJ.com: US Business https://on.wsj.com/2RPJnLj
via IFTTT

Google's Effort to Prevent Blindness Shows AI Challenges

Google has developed artificial intelligence that can detect a condition that causes blindness in diabetic patients, though tests in India demonstrate the challenges of transferring such technology from the lab to the doctor’s office.

from WSJ.com: US Business https://on.wsj.com/2CN82FQ
via IFTTT

Gen Z's 7 Lessons for Surviving in Our Tech-Obsessed World

The first generation that’s never known a world without smartphones and social media is savvier than its elders about technology—but also vulnerable to its pitfalls.

from WSJ.com: US Business https://on.wsj.com/2RPnxYi
via IFTTT

America's Hidden Workforce Returns

Nathan Mort, a 37-year-old with autism, is part of a wave of disabled Americans joining or returning to the U.S. labor force thanks to robust hiring, breaking a long-running trend that pushed millions to the sidelines of work.

from WSJ.com: US Business https://on.wsj.com/2CJqSOa
via IFTTT

Popular Hedge Fund Bet on Fannie, Freddie Is Paying Off Big This Year

Some of Wall Street’s biggest investors are sitting on a paper windfall this year as the government ratchets up a debate over the future of mortgage-finance giants Fannie Mae and Freddie Mac.

from WSJ.com: US Business https://on.wsj.com/2RU925q
via IFTTT

Trade Talks Spotlight Role of China's State-Owned Firms

When U.S. and Chinese trade negotiators start a new round of talks on Wednesday, one often-overlooked issue is bound to get a lot of U.S. attention: the role of China’s state-owned companies in its economy.

from WSJ.com: US Business https://on.wsj.com/2CLIvgl
via IFTTT

Walgreens Is Big Winner at Auction for Shopko's Pharmacy Assets

About 20 other companies, including Albertsons and CVS, were also named successful bidders for additional pharmacy assets of the bankrupt merchandise retailer.

from WSJ.com: US Business https://on.wsj.com/2RTxrZ0
via IFTTT

Advertising Giant WPP Asked Ex-CEO Sorrell to Repay Expenses

Martin Sorrell resigned as CEO of WPP nine months ago following a company probe into his conduct, but his feud continues with the ad giant, which is scrutinizing expenses he incurred over several years.

from WSJ.com: US Business https://on.wsj.com/2sPwIsU
via IFTTT

YouTube to Curb Referrals to Conspiracy Theories, False Claims

YouTube said it will stop recommending as many videos that feature conspiracy theories and other false claims, moving to address longstanding criticism that the platform’s algorithms help spread disinformation.

from WSJ.com: US Business https://on.wsj.com/2MxnOcs
via IFTTT

Major Carrier Halts Huawei Purchases Amid Security Fears

The world’s biggest mobile carrier outside China said it is temporarily halting purchases of some components made by Huawei, posing a threat to the Chinese company’s growth and dealing another blow to its reputation.

from WSJ.com: US Business https://on.wsj.com/2sOvkqd
via IFTTT

Brands Invent New Lines for Only Amazon to Sell

Amazon.com is asking consumer-goods companies to create brands exclusively for it after finding that it is too costly and time-consuming to develop them on its own.

from WSJ.com: US Business https://on.wsj.com/2MxnMRS
via IFTTT

Staffing Problems Delay Some Flights

The partial government shutdown briefly snarled U.S. air travel on Friday as a shortage of air-traffic controllers disrupted flights at a major New York airport, sending a cascade of delays through hubs from Atlanta to the Northeast.

from WSJ.com: US Business https://on.wsj.com/2sM3o6i
via IFTTT

Fed Mulls End of Portfolio Drawdown

Federal Reserve officials are close to deciding they will maintain a larger portfolio of Treasury securities, putting an end to its portfolio wind-down closer into sight.

from WSJ.com: US Business https://on.wsj.com/2Mxjqdy
via IFTTT

Trump Signs Spending Bill, Ending Longest Government Shutdown in U.S. History

The spending bill, which President Trump signed late Friday, sets the stage for whirlwind talks to bridge deep disagreements between Democrats and Republicans on immigration policy.

from WSJ.com: US Business https://on.wsj.com/2sO7ECn
via IFTTT

Fed Names Stacey Tevlin Research Director

The Federal Reserve announced Stacey Tevlin as its new head economist. She will lead the crucial research division at a time of slowing economic growth in the U.S. and abroad.

from WSJ.com: US Business https://on.wsj.com/2MxnM4k
via IFTTT

Los Angeles and Other Cities Stash Money to Prepare for a Recession

The nation’s second-largest city has set aside close to $500 million to help weather emergencies and financial shocks. Other cities are doing the same as the risk of recession in the coming year increases.

from WSJ.com: US Business https://on.wsj.com/2sO7Dyj
via IFTTT

Time for Tesla to Study the Apple Playbook

Elon Musk has struggled to ramp up production of his Model 3. But there’s an easy way out of his fix. After all, the real money isn’t in building beautiful things. It’s in creating them.

from WSJ.com: US Business https://on.wsj.com/2MxnLxi
via IFTTT

Industry Hopes for Detente in U.S.-China Trade Spat

Global business leaders are hoping that the U.S. and China will strike a trade pact soon to calm jittery markets, minimize disruption to their operations and mitigate the impact of an economic slowdown in the Asian country, where they still see plenty of room for growth.

from WSJ.com: US Business https://on.wsj.com/2sNbKKY
via IFTTT

Facing Backlash, Silicon Valley Says It Can Change

At the annual World Economic Forum in Switzerland, some tech executives have a message for leaders concerned about their increasing size and power: We’re changing our ways.

from WSJ.com: US Business https://on.wsj.com/2MDaHXm
via IFTTT

GE Reworks Wabtec Deal to Raise More Cash for Itself

General Electric Co. amended the structure of its planned spinoff and merger its transportation division with Wabtec Corp., giving itself a larger stake that it said it plans eventually to sell.

from WSJ.com: US Business https://on.wsj.com/2sKHK2t
via IFTTT

Chinese Cars Are Still Cheap. But They're No Longer Ugly.

Designers from Rolls-Royce, BMW and elsewhere have been recruited to give Chinese cars more style. Their creations could be headed to a dealership near you.

from WSJ.com: US Business https://on.wsj.com/2MxnKte
via IFTTT

Drug Maker AbbVie Swings to Loss on Charge from Stemcentrx Deal

Competition from lower-cost copies of Abbvie’s top-selling drug and a $4.1 charge billion related to the Stemcentrx acquisition weighed on the company’s latest quarterly financial results.

from WSJ.com: US Business https://on.wsj.com/2sNOo8k
via IFTTT

Colgate-Palmolive's Sales Decline

Colgate-Palmolive reported that its top line declined in the fourth quarter, and its chief executive said he expects earnings to fall in 2019 amid higher raw-material prices and global economic uncertainty.

from WSJ.com: US Business https://on.wsj.com/2MwdKQQ
via IFTTT

Starbucks Beats Expectations With Focus on Operations

Starbucks boosted sales at U.S. cafes around the end of the year, beating expectations for the second consecutive quarter.

from WSJ.com: US Business https://on.wsj.com/2RQaeXE
via IFTTT

Intel Projects Slower Revenue Growth This Year

Intel’s revenue rose 9% in the latest period, capping a year of record results, but the chip maker missed sales targets and projected slower growth for this year.

from WSJ.com: US Business https://on.wsj.com/2CIRRcB
via IFTTT

PG&E Shares Jump After California Clears Company in 2017 Fire

Investigators said the Tubbs Fire was caused by a private electrical system near a residential structure, ending speculation that PG&E might have been liable for the blaze.

from WSJ.com: US Business https://on.wsj.com/2RL0jCu
via IFTTT

World's Biggest Brands to Test Refillable Containers

Procter & Gamble, Nestlé, PepsiCo and other companies will test selling their products in reusable containers, adopting a milkman-style model to address mounting concerns about plastic waste.

from WSJ.com: US Business https://on.wsj.com/2COjOjc
via IFTTT

Airlines Warn Shutdown Strains are Worsening

Some of the biggest U.S. airlines warned passengers would soon face worse delays and more canceled flights if the partial federal government shutdown drags on further.

from WSJ.com: US Business https://on.wsj.com/2RMPf80
via IFTTT

Democrat Elizabeth Warren Proposes Wealth Tax on Rich Households

Democratic presidential candidate Elizabeth Warren is proposing an annual wealth tax, attempting to combat inequality and raise trillions of dollars with a significant new levy on the very richest Americans.

from WSJ.com: US Business https://on.wsj.com/2CI3znN
via IFTTT

Labor Market Powers On Despite Growth Concerns

A gauge of layoffs across the U.S. fell last week to the lowest level since 1969, suggesting the labor market remains on solid ground despite concerns of slowing economic growth.

from WSJ.com: US Business https://on.wsj.com/2ROF179
via IFTTT

CEOs of Six Top Banks to Testify Before Congress

The chief executives of the six largest U.S. banks are poised to testify together before House lawmakers in Congress this spring, according to people familiar with the matter, for the first time since shortly after the financial crisis.

from WSJ.com: US Business https://on.wsj.com/2CJSNxz
via IFTTT

Kudlow Signals White House Seeks Like-Minded Fed Nominees

Lawrence Kudlow said President Trump will seek to fill two Federal Reserve Board vacancies with nominees who don’t believe a rapidly expanding economy has to fuel faster inflation.

from WSJ.com: US Business https://on.wsj.com/2RT3Xuo
via IFTTT

U.S. Contemplates Appointing First Female President of World Bank

The race to select the next president of the World Bank could be shaped by a strong international desire for the institution to have its first female president.

from WSJ.com: US Business https://on.wsj.com/2CLIKb9
via IFTTT

Renault Picks New Leaders, Ending Ghosn's Long Reign

The resignation of Renault’s Carlos Ghosn brings down the curtain on a long career that made him a symbol of globalization’s sprawl as well as its pitfalls.

from WSJ.com: US Business https://on.wsj.com/2RLiPdW
via IFTTT

Creditors Say Lampert Reaped Billions but Left Sears Insolvent

Sears Chairman Edward Lampert and his hedge fund ESL Investments deployed stock buybacks, spinoffs and dividends to rake in billions of dollars while stripping the company of assets and cash, say the retailer’s creditors.

from WSJ.com: US Business https://on.wsj.com/2CJSouN
via IFTTT

Airbus CEO Calls Brexit Talks a 'Disgrace'

Airbus, one of Europe’s biggest companies, sharpened its threat to move operations out of the U.K. if politicians couldn’t negotiate a deal to leave the European Union in an orderly fashion.

from WSJ.com: US Business https://on.wsj.com/2RNCbzd
via IFTTT

América Móvil Buys Telefónica's Operations in 2 Nations

The Mexican telecommunications company owned by billionaire Carlos Slim said it has bought the Guatemalan operations of Telefónica SA, and agreed to acquire the Spanish company’s business in El Salvador, for a total of $648 million.

from WSJ.com: US Business https://on.wsj.com/2CINnTp
via IFTTT

Microsoft's Bing Service Restored in China

Microsoft said access to its Bing search engine in China was restored, ending a disruption that came as Beijing tightens its grip on the internet and as tensions brew between the U.S. and China over trade and technology.

from WSJ.com: US Business https://on.wsj.com/2RMibNo
via IFTTT

Bristol-Myers Reports Higher Sales but Another Lung-Cancer Setback

Bristol-Myers Squibb said its fourth-quarter revenue rose on sales of key drugs, but it suffered another setback entering the market to treat newly diagnosed lung-cancer patients.

from WSJ.com: US Business https://on.wsj.com/2Sc5ECw
via IFTTT

U.S. Believes It Doesn't Need to Show 'Proof' Huawei Is a Spy Threat

The chairman of Huawei pushed back against claims his company conducts espionage for the Chinese government. But the U.S. says that Huawei’s very structure makes the company a potential tool for espionage and thus a security threat.

from WSJ.com: US Business https://on.wsj.com/2UaQaf9
via IFTTT

BuzzFeed to Cut 15% of Its Workforce

BuzzFeed is planning to lay off about 15% of its workforce, as the company seeks to reorient itself in a shifting digital-media landscape.

from WSJ.com: US Business https://on.wsj.com/2DwmljW
via IFTTT

P&G Raises Outlook After Another Quarter of Strong Sales

Procter & Gamble reported strong quarterly sales growth, continuing a streak of robust gains and prompting it to raise its outlook for the year.

from WSJ.com: US Business https://on.wsj.com/2UeavjP
via IFTTT

Ford Swings to a Loss, Misses Analysts' Profit Estimates

Ford’s fourth-quarter operating income dropped 28% amid worsening losses in China and Europe, underscoring the pressure on the auto maker’s stout U.S. business as Chief Executive Jim Hackett tries to revitalize the company.

from WSJ.com: US Business https://on.wsj.com/2DuC9Ua
via IFTTT

Inside Google's Team Fighting to Keep Your Data Safe From Hackers

Google’s 27-person Threat Analysis Group, staffed in part by former government agents, leverages access to Gmail and other Google products to fend off attempts to intrude into the company’s vast data store.

from WSJ.com: US Business https://on.wsj.com/2UbSzWT
via IFTTT

TheGlobal Boom, Barely Begun, May Be Over

A year ago the world looked like it would finally return to the boom times it enjoyed before the global financial crisis. Now, the boom may be over before it even started.

from WSJ.com: US Business https://on.wsj.com/2DvjHKZ
via IFTTT

No Pay Stub? No Problem. Unconventional Mortgages Are Back

Lenders are turning to borrowers with harder-to-document finances, helping drive growth in the kind of home loans that helped fuel the housing meltdown.

from WSJ.com: US Business https://on.wsj.com/2UasVBZ
via IFTTT

U.S. Officials Cite Global Isolationist Tendencies Among Security Risks

The U.S. faces an “ever more diverse and interconnected” set of national-security threats, including adversaries who are trying to benefit from the weakening of Western democratic ideals, a new U.S. National Intelligence Strategy says.

from WSJ.com: US Business https://on.wsj.com/2Dvq9lq
via IFTTT

The World Braces for Slower Growth

China’s trade dispute with the U.S., Brexit, Italian fiscal troubles and a fall in German industrial production are all signs of the sweep of a brewing synchronized global slowdown.

from WSJ.com: US Business https://on.wsj.com/2UgC8sD
via IFTTT

Tips for Leveraging Today's Hot Job Market

It’s the hottest job market in decades, but that doesn’t mean playing it to your advantage is easy or obvious. While many of the old rules of job-hunting etiquette and strategy still apply, it pays for job seekers to be bolder than they might have been in previous years, recruiters and hiring managers say.

from WSJ.com: US Business https://on.wsj.com/2DxBfWX
via IFTTT

Hulu Raises Price of Live TV Service, Cuts Cost of Basic Plan

Hulu is lowering the price for its least expensive subscription plan while raising the cost of its live TV offering, a move that aims to bolster its subscriber numbers while increasing the margins on its most expensive plan.

from WSJ.com: US Business https://on.wsj.com/2U70bdg
via IFTTT

Condé Nast to Put All Titles Behind Paywalls by Year End

Magazine publisher Condé Nast said it would put all its titles behind paywalls by the end of the year, a move that underscores how critical it has become for major publishers to generate revenue beyond advertising.

from WSJ.com: US Business https://on.wsj.com/2DuC8j4
via IFTTT

Comcast Lifted by Media and Broadband Growth

Comcast said its NBCUniversal media unit and high-speed internet business fueled growth in the fourth quarter. The company also raised its quarterly dividend.

from WSJ.com: US Business https://on.wsj.com/2U708y6
via IFTTT

Amazon's Pitch to Woo Shippers: Fewer Fees Than FedEx, UPS

Amazon Shipping is trying to poach customers from FedEx and UPS by targeting a common complaint: fuel surcharges and extra fees that drive up the cost of home deliveries.

from WSJ.com: US Business https://on.wsj.com/2DvduyJ
via IFTTT

United Tech's Profit Jumps on Aerospace Strength, Tax Savings

United Technologies said it expects its revenue and profit to rise this year as the industrial conglomerate works on breaking itself up into three businesses.

from WSJ.com: US Business https://on.wsj.com/2U70814
via IFTTT

Boeing's Autonomous Taxi Takes Flight

Boeing said its prototype for an autonomous air taxi completed a first test flight, heating up a race among aerospace companies hoping to transform urban transit.

from WSJ.com: US Business https://on.wsj.com/2DuC42O
via IFTTT

Sinclair, Known for Rightward Tilt, Hires Liberal Commentator

Ameshia Cross, a self-described progressive activist who worked for President Obama’s re-election, will host the daily segment. It will be an alternative to the pro-Trump commentary of Boris Epshteyn.

from WSJ.com: US Business https://on.wsj.com/2U705SW
via IFTTT

Starboard, Elliott Management Call on eBay to Shed StubHub, Classifieds

EBay is being circled by a pair of activist investors who want the online marketplace to consider parting with StubHub and its classified-ad business.

from WSJ.com: US Business https://on.wsj.com/2Ds7hDQ
via IFTTT

IBM Beats Earnings Expectations Although Its Revenue Again Declines

IBM’s revenue fell 3.5% in the latest quarter, a second consecutive quarterly drop that underscores significant challenges the tech giant faces in recapturing growth.

from WSJ.com: US Business https://on.wsj.com/2U5hjA0
via IFTTT

Johnson & Johnson Expects Sales Growth to Slow

Johnson & Johnson said it expects its sales growth to slow in 2019, citing pricing pressures and generic-drug competition for its pharmaceutical division.

from WSJ.com: US Business https://on.wsj.com/2Ds9I9x
via IFTTT

Silicon Valley's Unbridled Optimism Gets Fresh Reality Check

Startup investors and company founders warn that the unchecked growth of the past several years could be hitting a limit. A rout of publicly traded tech companies is fostering newfound restraint.

from WSJ.com: US Business https://on.wsj.com/2UbJA8h
via IFTTT

Compostables, Meant to Cut Plastic Waste, Are Stumbling

Compostable bags, cups and cutlery are becoming more popular amid the mounting backlash against plastic waste, but many products aren’t making it to the compost heap.

from WSJ.com: US Business https://on.wsj.com/2Ds9Fun
via IFTTT

Home Sales Sank 6.4% in December

Home sales fell sharply in December to their weakest level in more than three years, a difficult end to a weak year for the housing market and fresh evidence of a bumpy ride to come in 2019.

from WSJ.com: US Business https://on.wsj.com/2Ua4Afr
via IFTTT

How Companies Secretly Boost Their Glassdoor Ratings

Employers flood the ranking site with 5-star postings requested from enthusiastic staffers, leading to unusual spikes, a WSJ investigation found. This is a conundrum facing many influential raters, including Amazon.com, Yelp and TripAdvisor, who have had to fend off attempts to game reviews.

from WSJ.com: US Business https://on.wsj.com/2Dt61Ab
via IFTTT

Walgreens to Pay $269 Million in Federal Overbilling Suit

The drugstore chain will pay the U.S. and several state governments for improperly charging health programs for insulin pens and drug reimbursements, federal authorities said.

from WSJ.com: US Business https://on.wsj.com/2Uaw5Wm
via IFTTT

Viacom Acquires Video-Streaming Service Pluto TV

The move to purchase Pluto TV for $340 million will allow Viacom to increase the digital audience for its programming.

from WSJ.com: US Business https://on.wsj.com/2DtKXK8
via IFTTT

iPhone Assembler Weighs India Move, Cutting Apple's Reliance on China

Apple’s largest iPhone assembler, Foxconn, is considering producing the devices in India, a move that could reduce Apple’s dependence on China for manufacturing and potentially for sales.

from WSJ.com: US Business https://on.wsj.com/2R6XOp1
via IFTTT

Judge Gives iHeartMedia Green Light to Exit Bankruptcy

A bankruptcy court judge confirmed iHeartMedia’s restructuring plan that allows the company to slash its debt load and hand over control to a group of bondholders.

from WSJ.com: US Business https://on.wsj.com/2Uaw4lg
via IFTTT

Hedge Fund Drops Proxy Battle With Chemicals Maker Ashland

New York-based hedge fund Cruiser Capital Advisors LLC is abandoning its proxy fight with Ashland Global Holdings Inc. after the specialty-chemicals manufacturer struck a deal last week with investor Neuberger Berman Group LLC.

from WSJ.com: US Business https://on.wsj.com/2DrredJ
via IFTTT

Arconic Scuttles Deal to Sell to Apollo Global

Arconic won’t pursue a sale of the company, nixing a potential deal with private-equity firm Apollo Global Management. Shares of the metal manufacturer fell nearly 16% in afternoon trading.

from WSJ.com: US Business https://on.wsj.com/2UaJbmm
via IFTTT

J.C. Penney Struggles to Avoid Same Fate as Sears

J.C. Penney sales are falling, senior executive slots remain vacant and the strategy keeps changing—leading analysts to ask: Is it too late for a turnaround?

from WSJ.com: US Business https://on.wsj.com/2R1nSSs
via IFTTT

Google Fined $57 Million in Biggest Penalty Yet Under New European Law

Google was fined $57 million by a French regulator—the biggest penalty levied yet under a new European privacy law—alleging the search-engine giant didn’t go far enough to get valid user consent to gather data for targeted advertising.

from WSJ.com: US Business https://on.wsj.com/2W7FdwC
via IFTTT

Fliers Find an Old Friend on More Planes: Empty Seats

U.S. airlines are adding larger jets to their fleets and more rows to existing aircraft. The result is more open seats on many flights even as demand for air travel grows.

from WSJ.com: US Business https://on.wsj.com/2R1nROo
via IFTTT

Companies Try to Skirt Shutdown's IPO Limbo

The monthlong government shutdown is forcing some companies to seek alternate routes to go public while the main markets regulator is unable to green-light IPOs.

from WSJ.com: US Business https://on.wsj.com/2W3RPoJ
via IFTTT

Indians Are So Crazy About Video, They Use YouTube Like Google

An explosion in demand for mobile video in India is transforming the country’s media landscape and creating new opportunities for YouTube and other platforms to learn new lessons about video use.

from WSJ.com: US Business https://on.wsj.com/2R02NYB
via IFTTT

China Annual Economic Growth Rate Is Slowest Since 1990

China’s economic expansion languished to its slowest pace in nearly three decades last year, as a bruising trade fight with the U.S. exacerbated weakness in the world’s second-largest economy.

from WSJ.com: US Business https://on.wsj.com/2W3RzWN
via IFTTT

IMF Lowers 2019 Global Growth Forecast

The global economy is starting the year on weaker footing, particularly by poor performance out of Europe, according to new quarterly forecasts from the IMF.

from WSJ.com: US Business https://on.wsj.com/2R58ggG
via IFTTT

Shutdown Hits Industries Nationwide

Shuttered government offices are stalling the approval of new loans, initial public offerings, the processing of tax documents, the approval of new products and other substantial business across the U.S.

from WSJ.com: US Business https://on.wsj.com/2W3RySJ
via IFTTT

Trump, Key European Leaders Skip Davos Amid Turmoil at Home

President Trump’s decision to stay in Washington to deal with the partial government shutdown has changed the script for this week’s annual meeting of the World Economic Forum in Davos.

from WSJ.com: US Business https://on.wsj.com/2R58fcC
via IFTTT

United Airlines to Review 'Worst Travel Nightmare'

United Continental Holdings Inc. is reviewing an incident that left 250 passengers stuck on an airplane on a small Canadian airfield for about 12 hours last weekend.

from WSJ.com: US Business https://on.wsj.com/2W3RxOF
via IFTTT

Deciem Founder Brandon Truaxe Has Died

Deciem founder Brandon Truaxe, whose erratic behavior led to his being stripped of his CEO role at the popular skin-care company, died on Sunday.

from WSJ.com: US Business https://on.wsj.com/2R02NI5
via IFTTT

'Glass' Tops Long Weekend Box Office

“Glass,” director M. Night Shyamalan’s superhero sequel to “Split,” topped the holiday weekend box office in the U.S. and Canada with ticket sales of $47 million.

from WSJ.com: US Business https://on.wsj.com/2W3RK4p
via IFTTT

Truckers See Momentum Slowing Heading Into 2019

Trucking companies face an uphill climb in 2019 as a freight boom that delivered record profit for carriers over the past year begins to soften.

from WSJ.com: US Business https://on.wsj.com/2R58d4u
via IFTTT

For Industrial Robots, Hacking Risks Are On the Rise

5G promises to make factories a lot smarter. And that means they’ll be a lot more vulnerable.

from WSJ.com: US Business https://on.wsj.com/2W3Ru5r
via IFTTT

Carlos Ghosn Offers to Pay for Ankle Monitor, Security to Get Bail in Japan

Carlos Ghosn scaled back his request for bail as his detention stretches into its ninth week, promising to stay in Tokyo and pay for an ankle monitor and security guards to ensure he doesn’t flee.

from WSJ.com: US Business https://on.wsj.com/2U72YU2
via IFTTT

Facebook, Germany to Collaborate Against Election Interference

Facebook Inc. Chief Operating Officer Sheryl Sandberg said the company will work with the German ministry for information security in a broad effort to guide policy here and throughout Europe on election interference.

from WSJ.com: US Business https://on.wsj.com/2Dp28MS
via IFTTT

Every Gadget and App Should Have a Dark Mode

Dark Mode: It’s good for your eyes, your battery and maybe even your sanity, and it’s hidden in most of your devices and apps. Here’s how to turn it on almost everywhere.

from WSJ.com: US Business https://on.wsj.com/2U5jinY
via IFTTT

Economy Week Ahead: U.S. Home Sales, Eurozone Manufacturing

In the week ahead, the U.S. will see data on home sales and durable goods, while Europe will get data on eurozone manufacturing.

from WSJ.com: US Business https://on.wsj.com/2Dnh9i6
via IFTTT

The 'Hybrid' Skills That Tomorrow's Jobs Will Require

Jobs that tap both technical and creative thinking will be likely to pay well—and resist automation.

from WSJ.com: US Business https://on.wsj.com/2U2ZNN1
via IFTTT

As Airbus Turns 50, a Look Back at the Role of the Euro

CFO Harald Wilhelm says the currency is a pillar of the company’s success.

from WSJ.com: US Business https://on.wsj.com/2Dnh1z8
via IFTTT

DSV's Big Takeover Bid May Revive Logistics Consolidation

DSV’s $4 billion bid for rival freight forwarder Panalpina suggests stockpiles of cash and pent-up demand from operators and private equity could come into the market and trigger a new wave of consolidation among large logistics companies.

from WSJ.com: US Business https://on.wsj.com/2U34XZf
via IFTTT

U.S. Close to Ending Its Facebook Probe

The federal government’s privacy investigation into Facebook appears to be nearing a conclusion, with the prospect of a large fine looming for the social-media giant.

from WSJ.com: US Business https://on.wsj.com/2RFJlWj
via IFTTT

Bill Gates: The Best Investment I've Ever Made

Global-health groups that buy and distribute medicines are a sure bet for saving lives, but their government funding is now in danger, and even the biggest philanthropies can’t fill the gap.

from WSJ.com: US Business https://on.wsj.com/2FCaIdc
via IFTTT

Central Banks Struggle With Policy Settings

The eurozone’s economic slowdown has taken European Central Bank officials by surprise, potentially disrupting their plans to lift short-term interest rates this year.

from WSJ.com: US Business https://on.wsj.com/2FLYjTu
via IFTTT

American Railways Chug Toward Automation

Rio Tinto calls it the world’s largest robot: mile-long driverless trains traversing the sparsely populated Australian Outback. American railroad companies call it the future.

from WSJ.com: US Business https://on.wsj.com/2Fzhbpz
via IFTTT

The Hot New Channel for Reaching Real People: Email

Frustrated and fatigued by social-media challenges, businesses and others looking for an audience turn to an old standby.

from WSJ.com: US Business https://on.wsj.com/2FPTmZA
via IFTTT

Tesla to Slash More Jobs in Effort to Lower Model 3 Price

Tesla is cutting its full-time workforce by 7% to help lower costs so it can sell the Model 3 sedan at a lower price. Shares fell 13%.

from WSJ.com: US Business https://on.wsj.com/2CuQPRn
via IFTTT

Two Snap Executives Pushed Out After Probe Into Inappropriate Relationship

Snap in recent weeks pushed out two senior executives after an investigation found that one of them had allegedly engaged in an inappropriate relationship with an outside contractor.

from WSJ.com: US Business https://on.wsj.com/2RBn0sP
via IFTTT

Drugmakers Raise Prices Amid Shortages, Recalls

The increases can mean higher costs for pharmacies and patients on what are generally cheaper generic drugs. Drugmakers say the price increases reflect higher costs they have incurred to help fill supply voids.

from WSJ.com: US Business https://on.wsj.com/2CqWRSY
via IFTTT

Foxconn Falls Short of Job-Creation Target in Wisconsin

Foxconn Technology Group, which is building a $10 billion plant in Wisconsin in exchange for nearly $4 billion in state and local incentives, fell short of the minimum number of jobs it was required to create in 2018 to claim tax credits, the company said.

from WSJ.com: US Business https://on.wsj.com/2RGyyeA
via IFTTT

CVS Health Settles Pricing Fight With Walmart

CVS Health and Walmart settled their fight over the cost of filling prescriptions, averting a threatened split

from WSJ.com: US Business https://on.wsj.com/2CunRB5
via IFTTT

Utah Shows How Labor-Force Growth Fuels Economic Growth

Utah has had the fastest-expanding labor force of any U.S. state since January 2010—a key ingredient for economic growth and one that provides an example for the nation as a whole.

from WSJ.com: US Business https://on.wsj.com/2RzWQqz
via IFTTT

Shutdown, Trade Tensions Weigh on U.S. Households

An index of U.S. consumer sentiment fell to its lowest level in more than two years in January, amid worries about the government shutdown, trade tensions, volatile markets and a cooling global economy.

from WSJ.com: US Business https://on.wsj.com/2CvXGKm
via IFTTT

Trump Administration Sets Final Rules for New Business Tax Deduction

The Trump administration set final rules for a new deduction that will provide significant savings for many business owners, providing more clarity for real-estate owners and service-industry businesses.

from WSJ.com: US Business https://on.wsj.com/2RFQMwN
via IFTTT

Labor Secretary Acosta Says $15 Minimum Wage Would Kill Jobs

Labor Secretary Alexander Acosta said Thursday that more than doubling the federal minimum wage would result in a loss of jobs in the U.S.

from WSJ.com: US Business https://on.wsj.com/2CuQNJf
via IFTTT

The Public Face of Huawei's Global Fight

Meng Wanzhou, Huawei’s finance chief and daughter of its founder, helped lead the company’s effort to improve its image. With her arrest, she’s caught up in one of the probes ensnaring the company around the world

from WSJ.com: US Business https://on.wsj.com/2RzWShX
via IFTTT

PG&E: The First Climate-Change Bankruptcy, Probably Not the Last

The fast fall of PG&E after California’s wildfires is a jolt for companies considering the uncertain risks of a warming planet.

from WSJ.com: US Business https://on.wsj.com/2CxMygh
via IFTTT

Sony's RCA Label Parts Ways With R. Kelly

Pop singer R. Kelly and Sony’s RCA Records label are parting ways, amid renewed scrutiny of sexual-abuse allegations against the R&B artist.

from WSJ.com: US Business https://on.wsj.com/2RzWOyX
via IFTTT

Heavy Snow Threatens Travel Over Holiday Weekend

A winter storm threatening a wide stretch of the country could keep travelers grounded over the long holiday weekend, another headache for passengers already facing the prospect of lengthy security lines at some airports.

from WSJ.com: US Business https://on.wsj.com/2CAviGW
via IFTTT

Airbnb Has Held Talks to Buy Hotel Tonight

Airbnb has held talks to acquire hotel-booking site Hotel Tonight, as the home-sharing company seeks to bolster its offerings and make itself more attractive to investors ahead of an eventual IPO.

from WSJ.com: US Business https://on.wsj.com/2RE2Sq4
via IFTTT

Rihanna and LVMH Team Up to Create a Luxury Fashion Label

The new line is expected to launch in coming months with ready-to-wear clothing, handbags and accessories.

from WSJ.com: US Business https://on.wsj.com/2CsLCcR
via IFTTT

Netflix Reports Paid Customers Rise on Strength Overseas

Netflix reported a jump in paid subscribers in the fourth quarter, exceeding its own expectations for growth by drawing in more customers in international markets even as domestic growth slowed.

from WSJ.com: US Business https://on.wsj.com/2RUVF49
via IFTTT

The U.S. and China Are Hatching a Plan to Reopen Chicken Trade

U.S. and Chinese trade officials are in talks to reopen China’s market to U.S. chicken exports as they seek to forge a new trade deal.

from WSJ.com: US Business https://on.wsj.com/2Hj6toP
via IFTTT

Gillette's Ad With a #MeToo Edge Gets Mixed Reactions

Gillette’s new ad campaign invoking the #MeToo movement is the latest test of how big consumer brands can navigate social movements to appeal to millennials without turning off customers who don’t agree with their message.

from WSJ.com: US Business https://on.wsj.com/2RT74kR
via IFTTT

As Americans Drink Less Alcohol, Booze Makers Look Beyond the Barrel

Americans are increasingly laying off the booze, prompting the world’s biggest brewers and liquor companies to push beyond their traditional fare and roll out teas, energy drinks and nonalcoholic spirits.

from WSJ.com: US Business https://on.wsj.com/2Hj6Wr5
via IFTTT

Driverless Cars Tap the Brakes After Years of Hype

The hype that has consumed the nascent driverless car industry over the past few years has moved into a new period of cautious optimism.

from WSJ.com: US Business https://on.wsj.com/2RVN8Or
via IFTTT

U.S. Debates Lifting China Tariffs to Hasten Trade Deal, Calm Markets

U.S. officials are debating ratcheting back tariffs on Chinese imports as a way to calm markets and give Beijing an incentive to make deeper concessions in a trade battle that has rattled global economies.

from WSJ.com: US Business https://on.wsj.com/2HhwS6n
via IFTTT

U.S. Jobless Claims Fell Last Week

A gauge of layoffs across the U.S. fell last week, signaling the labor market remains robust despite fears of slowing economic growth and the government shutdown.

from WSJ.com: US Business https://on.wsj.com/2RRZBCO
via IFTTT

One Year Later, Benefits From Corporate Tax Cut Seem Muted

Twelve months after Congress cut business tax rates and sped up deductions to set off a capital spending boom, the results are proving modest at best.

from WSJ.com: US Business https://on.wsj.com/2AcdqSB
via IFTTT

Sears Creditors Oppose Sale to Edward Lampert

The retailer’s creditors are balking at its proposed sale to hedge-fund manager Edward Lampert, who they accuse of stripping Sears of its best assets before dumping the chain into bankruptcy and cheaply reacquiring it.

from WSJ.com: US Business https://on.wsj.com/2RPvJah
via IFTTT

Shutdown Leaves Small-Business Loans in Limbo

The Small Business Administration has stopped approving routine small-business loans, forcing some entrepreneurs to consider costlier sources of cash.

from WSJ.com: US Business https://on.wsj.com/2Hj6rgH
via IFTTT

U.S. Weaponizes Its Criminal Courts in Fight Against China and Huawei

The federal pursuit of theft charges adds pressure on Chinese tech giant Huawei by further involving the criminal-justice system in the fight against China’s alleged encroachment on intellectual property.

from WSJ.com: US Business https://on.wsj.com/2RWbIPk
via IFTTT

Moonves to Fight CBS Decision to Deny $120 Million Severance

Leslie Moonves, the former CEO of CBS who resigned amid accusations of sexual harassment, is challenging the company’s decision to deny him a severance package of $120 million.

from WSJ.com: US Business https://on.wsj.com/2HjJpWL
via IFTTT

MoviePass Parent Hopes to Spin Off Cinema-Subscription Business

The parent company of MoviePass wants to spin off the struggling movie-theater subscription service and has formed a new entity that would take possession of its shares, as a prelude to letting that entity trade on its own.

from WSJ.com: US Business https://on.wsj.com/2RT1eQv
via IFTTT

Johnson & Johnson to Use Apple Watch App for Heart-Health Study

A new partnership between Johnson & Johnson and Apple using an app on the Apple watch aims to detect irregular heart rhythms of people with atrial fibrillation before life-threatening events can occur.

from WSJ.com: US Business https://on.wsj.com/2Hj6p8z
via IFTTT

PPG Says U.S. Attorney's Office Investigating Paint Giant's Accounting Practices

PPG Industries Inc. said it is under investigation by the U.S. attorney’s office in western Pennsylvania connected to 2017 accounting irregularities, as it also faces an activist investor’s push to break the company up.

from WSJ.com: US Business https://on.wsj.com/2RSa1T2
via IFTTT

WeWork's CEO Makes Millions as Landlord to WeWork

The CEO of WeWork has made millions by leasing multiple properties in which he has an ownership stake back to WeWork, one of the country’s most valuable startups.

from WSJ.com: US Business https://on.wsj.com/2MgtqrA
via IFTTT

Huawei Targeted in Criminal Probe for Alleged Theft of Trade Secrets

American prosecutors are pursuing a criminal investigation of China’s Huawei Technologies for allegedly stealing trade secrets from U.S. business partners.

from WSJ.com: US Business https://on.wsj.com/2srhj1I
via IFTTT

Tribune Publishing Recently Tried to Rekindle Merger Talks With Gannett

Gannett was recently approached by Tribune Publishing about reviving merger talks in the weeks before Gannett became the target of a takeover bid by MNG, aka Digital First Media.

from WSJ.com: US Business https://on.wsj.com/2Mgts2G
via IFTTT

'They Own the System': Amazon Rewrites Book Industry by Marching Into Publishing

The online retail giant, the world’s largest public company, commands an unrivaled customer base for the books, ebooks and audiobooks it publishes. As a result, it’s jolting the publishing industry, creating instant best sellers out of self-published writers and pushing down earnings for others.

from WSJ.com: US Business https://on.wsj.com/2sxVPQQ
via IFTTT

Sears to Stay Open After Lampert Prevails in Bankruptcy Auction

Billionaire Edward Lampert won a bankruptcy auction for Sears, keeping the struggling department store chain from shutting all its remaining stores. His $5 billion offer beat a competing bid to liquidate the company.

from WSJ.com: US Business https://on.wsj.com/2Meh2s2
via IFTTT

Fed Says Student Debt Has Hurt the U.S. Housing Market

The Federal Reserve has linked rising student debt to a drop in homeownership among young Americans and the flight of college graduates from rural areas.

from WSJ.com: US Business https://on.wsj.com/2stMYPY
via IFTTT

Fed's Beige Book Shows Concerns Mounting Among U.S. Businesses

Optimism is waning among U.S. businesses as they grapple with a volatile stock market, rising borrowing costs, and concerns about trade and the government shutdown, according to a new Federal Reserve report.

from WSJ.com: US Business https://on.wsj.com/2MhrXkt
via IFTTT

Former Fed Leaders, Economists Rally Around Carbon Tax

An all-star roster of former Federal Reserve leaders and White House economic advisers are signing on to a new statement in support of a carbon tax on businesses that sends the revenue to U.S. citizens.

from WSJ.com: US Business https://on.wsj.com/2suDMe2
via IFTTT

Shutdown Is a 'Hellacious Situation' for Federal Government Contractors

For many federal contractors, revenue and work have dried up and cash to keep paying employees is running out. “The impact that we see on government contractors is bigger than ... anticipated,” a top White House economist said.

from WSJ.com: US Business https://on.wsj.com/2MeT6oi
via IFTTT

After a Strong 2018 for Retail Sales, Caution Flags Pop Up

U.S. retail sales went gangbusters at the end of 2018, but that momentum could be hard to maintain as consumers deal with higher interest rates and confidence-eroding factors such as the government shutdown and a volatile stock market.

from WSJ.com: US Business https://on.wsj.com/2syQ0lS
via IFTTT

Ford Gives Earnings Warning, Offers Less-Bullish 2019 Outlook

Ford Motor said that 2018 profit will fall short of Wall Street expectations and declined to give a specific forecast for this year, illustrating the challenges amid uncertainty in the global auto market.

from WSJ.com: US Business https://on.wsj.com/2MddvtQ
via IFTTT

The Best and Worst U.S. Airlines of 2018

Delta shines in a ranking of measures including delays, mishandled baggage and complaints, while American lags behind its largest competitors.

from WSJ.com: US Business https://on.wsj.com/2sviD3q
via IFTTT

PG&E Shares Stem Decline Even as California Rescue Chances Dim

PG&E shares fell and then recovered Wednesday as prospects dimmed that California politicians would step in to help the embattled utility avoid a bankruptcy filing.

from WSJ.com: US Business https://on.wsj.com/2MdmlrL
via IFTTT

Razr Returns With a Foldable Screen and $1,500 Price

The once-popular thin flip phone, rendered obsolete by the iPhone, will be reintroduced as a device made by Lenovo’s Motorola Mobility unit and marketed by Verizon. It’s expected to be sold in the U.S. as soon as February.

from WSJ.com: US Business https://on.wsj.com/2syQ1pW
via IFTTT

Lime Looks to Peddle Its Bicycles in Australia

Lime, which counts Uber Technologies Inc. as an investor, hopes cyclists will embrace its shared electric bikes and scooters in Australia, a market that has proved tough for several ‘dockless’ bike-sharing companies.

from WSJ.com: US Business https://on.wsj.com/2MgkuT5
via IFTTT

Aluminum Scrap Abounds Thanks to Tariffs

American companies that recycle aluminum are seeing a boom in business after China implemented more-stringent quality standards on U.S. scrap exports early last year, followed by tariffs totaling 50% on U.S. scrap aluminum.

from WSJ.com: US Business https://on.wsj.com/2sxwy9c
via IFTTT

Alcoa's Fourth-Quarter Revenue In Line With Expectations

Alcoa reported a profit of $43 million, or 23 cents a share, in the fourth quarter, as its bauxite and alumina segments produced higher profit despite weakness in commodity prices.

from WSJ.com: US Business https://on.wsj.com/2MegKBs
via IFTTT

Netflix Raises Prices on All of Its Subscription Plans

Netflix is raising prices on all of its subscription plans, with the streaming service’s most popular plan increasing to $13 a month from $11, and the base plan rising to $9 a month from $8.

from WSJ.com: US Business https://on.wsj.com/2RXhQXH
via IFTTT

Snap Finance Chief Joins Executive Exodus

Chief Financial Officer Tim Stone is leaving after less than a year on the job, the latest in a string of executive departures at the social-media company.

from WSJ.com: US Business https://on.wsj.com/2HfakTK
via IFTTT

Huawei's Mysterious Founder Denies Spying for China, Praises Trump

The founder and CEO of Huawei said his company has never spied for the Chinese government—and never would—as he made a rare public appearance following the arrest of his daughter in Canada.

from WSJ.com: US Business https://on.wsj.com/2RRkiPb
via IFTTT

PG&E Bankruptcy Threatens Wildfire Suits, Green Contracts

The expected bankruptcy filing has enormous repercussions for everyone from the homeowners suing the utility for California wildfire damages to the companies that furnish it with green energy.

from WSJ.com: US Business https://on.wsj.com/2HfIqqz
via IFTTT

Takeover Bid Interrupts Gannett's Quest For Gizmodo

Gannett has been pursuing a purchase of digital publisher Gizmodo Media Group, an effort that could be complicated by the takeover approach the USA Today owner received this week from a hedge fund-backed rival.

from WSJ.com: US Business https://on.wsj.com/2RP6uoj
via IFTTT

How to Make Money Trading: Hack Into SEC, Peek at 157 Secret Earnings Reports

According to a government complaint, a hacker and his associates spent six months rooting around the SEC’s corporate-filing system. The disclosures of how the hack worked is a black eye for the agency, which is itself responsible for policing companies’ cyber defenses.

from WSJ.com: US Business https://on.wsj.com/2Hg8K45
via IFTTT

Government Shutdown Stymies Opportunity-Zone Investors

The impasse is holding up scores of real-estate investors and developers who have been raising hundreds of millions of dollars to take advantage of what could be one of the most attractive tax breaks in years.

from WSJ.com: US Business https://on.wsj.com/2RTgpt2
via IFTTT

Business Inflation Moderates in December

The producer-price index, a measure of the prices businesses receive for their goods and services, decreased a seasonally adjusted 0.2% in December from a month earlier, the Labor Department said Tuesday.

from WSJ.com: US Business https://on.wsj.com/2Hg8TVb
via IFTTT

Kansas City Fed President Says Central Bank Can Pause Rate Increases

One of the Federal Reserve’s most consistent supporters of raising interest rates said it could refrain from more increases for the time being.

from WSJ.com: US Business https://on.wsj.com/2RPA2SF
via IFTTT

PepsiCo CEO, Treasury Official Among Candidates to Head World Bank

The former chief executive of PepsiCo and a Treasury Department official are among the candidates the Trump administration is considering to head the World Bank, an administration official said.

from WSJ.com: US Business https://on.wsj.com/2Hg8SR7
via IFTTT

Ghosn Loses Request for Release on Bail

Carlos Ghosn is facing many more months in jail after losing a request for release on bail, compounding concerns about the 64-year-old’s health and a Japanese legal system geared toward pressuring suspects into confessions.

from WSJ.com: US Business https://on.wsj.com/2RTgooY
via IFTTT

Apollo Nears Deal to Buy Arconic for More Than $10 Billion

Apollo Global is nearing a deal to buy Arconic for more than $10 billion, ending months of negotiation over what would be one of the largest leveraged buyouts in recent years.

from WSJ.com: US Business https://on.wsj.com/2Hde5sE
via IFTTT

Delta Expects Shutdown to Hurt Revenue

Delta Air Lines forecast sluggish revenue growth early this year in part because of lost business during the federal government shutdown.

from WSJ.com: US Business https://on.wsj.com/2RLn6xp
via IFTTT

Auto Show Aims for Fresh Start After Bumpy 2018

The Detroit auto show aims to bring a fresh start to the industry after a bumpy 2018. Among the new vehicles in the spotlight are a Toyota Supra sports car and a large Cadillac crossover, called the XT6. Still, this year’s auto show is a little quieter than in previous years.

from WSJ.com: US Business https://on.wsj.com/2Hcj6lr
via IFTTT

Walmart Could Leave CVS Caremark Pharmacy Networks Amid Dispute

CVS Health is battling Walmart over the cost of filling prescriptions, a clash that could result in a split between the retail behemoth and the health-care giant.

from WSJ.com: US Business https://on.wsj.com/2RSzxrg
via IFTTT

Purdue Pharma Family Influenced Opioid Marketing, Lawsuit Says

Internal emails emerged Tuesday in an amended complaint that showed Sackler family members may have participated in the aggressive marketing of opioids.

from WSJ.com: US Business https://on.wsj.com/2Hg8QIZ
via IFTTT

NBA Inks Billion-Dollar Deal With Maker of 2K Videogame

Videogame maker Take-Two Interactive Software will pay the National Basketball Association and its players’ union up to $1.1 billion over seven years.

from WSJ.com: US Business https://on.wsj.com/2ROzcWt
via IFTTT

Hostile Bid for Gannett Rattles Some in the Newspaper Business

The hostile takeover bid for Gannett Co. by MNG Enterprises Inc., a newspaper group backed by a hedge fund, has stoked fears that an industry already reeling from years of cutbacks could be in for even more severe cost-cutting.

from WSJ.com: US Business https://on.wsj.com/2FyEWNx
via IFTTT

NBCUniversal to Offer Streaming

The Comcast unit said the ad-supported streaming video service will be free for pay-TV subscribers, adding to a plethora of coming options for consumers.

from WSJ.com: US Business https://on.wsj.com/2FsTBL2
via IFTTT

PG&E Prepares for Bankruptcy Amid Wildfire Fallout

PG&E plans to file for bankruptcy protection by the end of the month as the utility faces more than $30 billion in potential liability costs related to its role in sparking deadly California wildfires.

from WSJ.com: US Business https://on.wsj.com/2Fy9sHf
via IFTTT

Apple Rattled Markets With China Warning. Who's Next?

After iPhone-maker Apple blamed much of its revenue slump on the country’s slowing economy, the focus shifts to Starbucks, Nike and others with big exposure.

from WSJ.com: US Business https://on.wsj.com/2FrLtui
via IFTTT

Newmont to Buy Goldcorp, Creating World's Largest Gold Miner

Newmont Mining agreed to buy rival Canadian gold producer Goldcorp in an all-stock transaction the companies valued at $10 billion, intensifying a consolidation wave among global miners competing over a dwindling supply of easy-to-find gold.

from WSJ.com: US Business https://on.wsj.com/2FztIrX
via IFTTT

Trump Bullish on China Trade Deal

President Trump said China is feeling the pain from U.S. tariffs, but talks so far on a trade deal between the two nations haven’t yielded concrete results.

from WSJ.com: US Business https://on.wsj.com/2FtNO7I
via IFTTT

U.S., EU Set Conflicting Goals for Looming Trade Talks

The U.S. and European Union are staking out sharply different goals for coming trade negotiations, raising the prospect for renewed trans-Atlantic commercial tensions.

from WSJ.com: US Business https://on.wsj.com/2FxH2NC
via IFTTT

Clarida Says Fed Can Be Patient With Interest-Rate Increases

Federal Reserve Vice Chairman Richard Clarida reiterated the central bank can afford to be patient this year with interest-rate increases as the U.S. economy maintains solid momentum heading into 2019.

from WSJ.com: US Business https://on.wsj.com/2FsTz5S
via IFTTT

Ivanka Trump to Help Select Nominee for World Bank President

Ivanka Trump, President Trump’s daughter and senior White House adviser, will help Treasury Secretary Steven Mnuchin and acting chief of staff Mick Mulvaney lead the process of selecting the next World Bank president.

from WSJ.com: US Business https://on.wsj.com/2FyELll
via IFTTT

P&G Challenges 'Toxic Masculinity' in Gillette Ad

One of the manliest brands in men’s products has hit on an unusual strategy for divided times: questioning “toxic masculinity.”

from WSJ.com: US Business https://on.wsj.com/2FrTaAq
via IFTTT

Glencore Gave Loans to Businesses Linked to Suspect Congo Dealings

Glencore provided nearly $1 billion in loans and advances to companies associated with an Israeli businessman accused of having corrupt ties to officials in the Democratic Republic of Congo, according to documents reviewed by WSJ.

from WSJ.com: US Business https://on.wsj.com/2FyEIGb
via IFTTT

FedEx to Pay $35 Million to Settle Cigarette-Shipment Lawsuits

The company’s ground-delivery unit agreed to pay New York City and state $35 million to settle three lawsuits that alleged the company knowingly shipped hundreds of thousands of untaxed cigarettes.

from WSJ.com: US Business https://on.wsj.com/2Fvkvlo
via IFTTT

All Eyes on Corporate Guidance After Weak Economic Data

The string of negative reports is heightening worries that weaker economies around the world will dent demand for U.S. goods and services.

from WSJ.com: US Business https://on.wsj.com/2FAUXCr
via IFTTT

Autonomous Vehicle Startup Zoox Picks Intel Executive as New CEO

Zoox has named veteran Intel executive Aicha Evans its new CEO, recruiting a seasoned manager to replace its ousted founder as the startup attempts to reinvent the car.

from WSJ.com: US Business https://on.wsj.com/2FsKoSH
via IFTTT

FAA Proposes More Drone Operations at Night, Over Crowds

Federal air-safety regulators for the first time proposed allowing small drones to routinely fly over crowds of people and at night.

from WSJ.com: US Business https://on.wsj.com/2FzHb38
via IFTTT

Chairman of Company Behind Krispy Kreme, Dr Pepper Resigns

Bart Becht, one of the architects of the consumer goods powerhouse behind Krispy Kreme, Dr Pepper and Peet’s Coffee has unexpectedly resigned.

from WSJ.com: US Business https://on.wsj.com/2FsFBRk
via IFTTT

Shutdown Pinches Economic Growth

The partial federal government shutdown is showing signs of disrupting commerce as hundreds of thousands of federal workers missed out on their first payday of the closure late last week.

from WSJ.com: US Business https://on.wsj.com/2CixrXP
via IFTTT

Slow Earnings Growth, Dim Forecasts Weigh on Stocks

America’s biggest public companies are warning that their earnings may not be as strong as they hoped this year, intensifying pressure on a bull market that has struggled to regain its footing.

from WSJ.com: US Business https://on.wsj.com/2Ro1jwl
via IFTTT

Gannett Is Target of Fund-Backed Bid

A hedge-fund-backed media group known for buying up struggling local papers and cutting costs is planning to make an offer for USA Today publisher Gannett, according to people familiar with the matter.

from WSJ.com: US Business https://on.wsj.com/2Ci7Xdc
via IFTTT

PG&E CEO Steps Down Amid California Wildfire Crisis

California’s largest utility said Sunday that Chief Executive Geisha Williams was stepping down as it grapples with the growing political and financial fallout of its role in helping spark California wildfires.

from WSJ.com: US Business https://on.wsj.com/2RqP7ek
via IFTTT

Small Cars Are Losing Their Place in U.S. Auto Lineups

More auto makers are dropping small sedans and hatchbacks priced around $20,000 or less from their U.S. lineups, as low gasoline prices and better-quality used cars contribute to a slump in demand.

from WSJ.com: US Business https://on.wsj.com/2D6EQLh
via IFTTT

U.S. Auto Makers Hit Speed Bumps Abroad

Detroit’s Big Three continued to post strong domestic sales last year, thanks to Americans’ passion for SUVs and pickups, but a rockier road overseas raises questions about how long the U.S. can buck a slowing global trend.

from WSJ.com: US Business https://on.wsj.com/2TM4FWv
via IFTTT

Economy Week Ahead: Producer Prices, Beige Book

In the week ahead, the U.S. will see data on producer prices, the beige book, industrial production and consumer sentiment.

from WSJ.com: US Business https://on.wsj.com/2D7XceZ
via IFTTT

Ashland to Make Board Changes

The specialty-chemicals company and Neuberger Berman, a 2.8% shareholder, agreed to a plan in which Ashland will find and add two new directors.

from WSJ.com: US Business https://on.wsj.com/2TPkyMa
via IFTTT

The Merger That Made a U.S. Gas Giant Is Failing

Roughly a year after EQT bought Rice Energy to form the largest U.S. natural gas producer, the combined company has offered a cautionary tale—that in the fracking industry, bigger isn’t always better.

from WSJ.com: US Business https://on.wsj.com/2D9CQ5f
via IFTTT

Hong Kong Port Alliance Challenged by Cargo Owners

Hong Kong’s antitrust regulators have launched a probe over cartel allegations against the city’s biggest port operators after they formed an alliance aimed at controlling almost all of the port’s seaborne trade.

from WSJ.com: US Business https://on.wsj.com/2TQj4kJ
via IFTTT

Ghosn Received $8 Million From Nissan-Mitsubishi Entity, Nissan Probe Alleges

Carlos Ghosn was paid around $8 million last year from a Netherlands-based entity jointly owned by Nissan Motor and partner Mitsubishi Motors.

from WSJ.com: US Business https://on.wsj.com/2D8ImFg
via IFTTT

Help! My Boss Is El Chapo

Witnesses in the trial of the alleged kingpin of the Sinaloa cartel have offered a glimpse of how a real-life drug lord manages a complex network of employees.

from WSJ.com: US Business https://on.wsj.com/2TM4Elp
via IFTTT

Slush, Snow, the 'Cobo Cough.' Detroit Holds Its Last Winter Auto Show

Most Germans are no-shows. For other auto executives, it’s a long, chilly goodbye to Detroit in January; ‘it just won’t be the same.’

from WSJ.com: US Business https://on.wsj.com/2D9CLhX
via IFTTT

Huawei Fires Executive Charged in Poland With Espionage

Chinese telecom company Huawei fired a sales director who was arrested in Poland on espionage charges, saying he brought it “into disrepute.”

from WSJ.com: US Business https://on.wsj.com/2HjN8DE
via IFTTT

The Big Hangup: Why the Future Is Not Just Your Phone

The once-revolutionary smartphone is losing its power to amaze—and maybe its singular hold on our lives.

from WSJ.com: US Business https://on.wsj.com/2RP8Xiw
via IFTTT

SpaceX to Cut 10% of Workforce

Elon Musk’s SpaceX plans to reduce its workforce by 10%, or roughly 600 employees, even as the company seeks to ramp up ambitious projects.

from WSJ.com: US Business https://on.wsj.com/2Ha99Fa
via IFTTT

Huawei Executive Is Charged With Espionage in Poland

Polish authorities detained and charged a local sales director of Huawei, a Chinese national, with conducting high-level espionage on behalf of China, amid widening global scrutiny of the technology giant.

from WSJ.com: US Business https://on.wsj.com/2FuCUOC
via IFTTT

Apple Plans Three New iPhones This Year, Plays Catch-Up on Cameras

Apple is planning to release three new iPhone models again this fall, including one with a triple rear camera.

from WSJ.com: US Business https://on.wsj.com/2FlKWtK
via IFTTT

GM Sees Boost to Profit From Job Cuts

General Motors said its earnings are picking up speed, with added momentum due to come this year from plant closures and job cuts denounced by President Trump.

from WSJ.com: US Business https://on.wsj.com/2FpKBFH
via IFTTT

U.S. Probes Boeing Satellite Deal Backed by China

The SEC and the Commerce Department are investigating Boeing’s relationship with a satellite startup backed by a Chinese government-owned firm, following a WSJ article last month.

from WSJ.com: US Business https://on.wsj.com/2Fonvjz
via IFTTT

T-Mobile, AT&T Pledge to Stop Location Sharing by End of March

T-Mobile US and AT&T said they would stop feeding individual customers’ real-time locations to data middlemen after a report suggested the sensitive information is easy to pull without users’ consent

from WSJ.com: US Business https://on.wsj.com/2FpKz0x
via IFTTT

Fed Releases Detailed Transcripts of 2013 Policy Meetings

Transcripts released by the Federal Reserve on Friday revealed the extent of then-governor Jerome Powell’s concerns about the central bank’s 2013 stimulus program of bond purchases.

from WSJ.com: US Business https://on.wsj.com/2FlPIHN
via IFTTT

How Aging Japan Defied Demographics and Revived Its Economy

Japan encouraged the elderly and women to work and broke a longstanding taboo against immigration, offering lessons for other advanced economies facing similar problems. The country is now enjoying its second-longest economic expansion since World War II.

from WSJ.com: US Business https://on.wsj.com/2Ft7mIK
via IFTTT

U.S. Consumer Prices Ticked Lower in December

Tame inflation, low gas prices and rising wages are putting more dollars in the pockets of American workers, a positive sign for consumer spending headed into 2019.

from WSJ.com: US Business https://on.wsj.com/2Fkex6Z
via IFTTT

Shutdown Could End 99-Month Job Growth Streak

The partial government shutdown could cause the longest stretch of continuous job growth recorded in the U.S. to come to an end this month.

from WSJ.com: US Business https://on.wsj.com/2FpKpGt
via IFTTT

Economists Grapple With Industry's 'Reputation for Hostility' Toward Women

Ben Bernanke and Janet Yellen—after fighting financial crises and anemic economic growth as Federal Reserve leaders—are turning their attention to a different problem: How women are treated in their own profession.

from WSJ.com: US Business https://on.wsj.com/2FmmfgJ
via IFTTT

Megyn Kelly is Released From Her NBC News Contract

Megyn Kelly has been released from her contract with NBC News less than three months after her morning show was canceled by the network.

from WSJ.com: US Business https://on.wsj.com/2FpKn1j
via IFTTT

Disney CEO's Pay Surges

Walt Disney CEO Robert Iger saw the value of his total compensation last year surge 81% to $65.6 million.

from WSJ.com: US Business https://on.wsj.com/2FnhseW
via IFTTT

Top Nissan Executive José Muñoz Resigns

One of Nissan Motor Co.’s top executives, José Muñoz, has resigned, the first shake-up of the Japanese auto maker’s top management since the arrest of former Chairman Carlos Ghosn.

from WSJ.com: US Business https://on.wsj.com/2FpKjyB
via IFTTT

Ghosn Is Charged Again, Setting Up Bail Hearing

Carlos Ghosn was hit with new charges by prosecutors who accused him of misreporting his compensation through 2018 and abusing his position at Nissan Motor for personal gain.

from WSJ.com: US Business https://on.wsj.com/2FlPz7d
via IFTTT

Where Did All the Craft Beer Go? Government Shutdown Closes Tap on New Brews

Beer makers are sitting on suds while they wait for federal approval on new labels and formulas. “We are trying to drink as much of this paralyzed beer as we can.”

from WSJ.com: US Business https://on.wsj.com/2FpKhqt
via IFTTT

Samsung Faces Resistance From Big Pharma in the U.S.

Samsung’s foray into the U.S. biologic-drug market is proving tougher than expected, as the South Korean company faces strong resistance from established pharmaceutical companies while doctors and patients are reluctant to switch to biosimilars.

from WSJ.com: US Business https://on.wsj.com/2FpK5Yh
via IFTTT

Strong Economy Can't Save Retailers From Holiday Blues

The strong U.S. economy wasn’t enough to give many mall-based retailers a strong year-end boost, as Macy’s and others posted tepid holiday sales, fueling a selloff in retail stocks.

from WSJ.com: US Business https://on.wsj.com/2RIwHVz
via IFTTT

Ford to Slash Jobs, Shut Plants in Major European Revamp

Ford is launching an overhaul of its European business that is expected to include thousands of job cuts, plant closures and the scrapping of low-profit models amid a storm of bad news for global car makers.

from WSJ.com: US Business https://on.wsj.com/2H7Evw9
via IFTTT

Ghosn's Lawyer Said He Developed a Fever in Jail, Is Feeling Better

Carlos Ghosn developed a fever while in a Tokyo jail but was feeling better Friday morning, his lawyer said, after the former Nissan chief’s wife pressed Japanese authorities for information on his health.

from WSJ.com: US Business https://on.wsj.com/2RJPf82
via IFTTT

Apple's Pressing Challenge: Build Its Services Business

Apple has held out its services unit, which includes the App Store, as a bright spot in an outlook dimmed by soft demand for the iPhone. But the services business faces challenges too.

from WSJ.com: US Business https://on.wsj.com/2H7Eus5
via IFTTT

Amazon's IMDb Launches Free Streaming-Video Service

Amazon.com Inc. launched its first advertising-supported streaming-video channel, the e-commerce giant’s latest effort to grab a larger share of the ad market.

from WSJ.com: US Business https://on.wsj.com/2RJcK0T
via IFTTT

Fed's Powell Affirms Flexible Rate Outlook

Federal Reserve Chairman Jerome Powell reiterated the central bank would be patient in raising interest rates this year after global growth worries gripped financial markets in recent weeks.

from WSJ.com: US Business https://on.wsj.com/2H7EsQZ
via IFTTT

Missing Government Data Make Job Tougher for Policy Makers, Traders

The U.S. government shutdown is making it harder for Federal Reserve officials, investors and trade negotiators to read the economy at a critical moment.

from WSJ.com: US Business https://on.wsj.com/2RCtYx1
via IFTTT

Trump Administration Nears Release of New Overtime Proposal

The Labor Department sent its proposed overtime rule to the White House for review, which could allow the regulation determining how many Americans are entitled to extra pay to be finished by late this year.

from WSJ.com: US Business https://on.wsj.com/2H7ErMV
via IFTTT

U.S.-China Trade Fight Shakes Global Economy, but Isn't All Bad for Bystanders

Countries watching the U.S.-China trade talks are anxious for the two sides to reach a deal and avert the damage that a protracted fight poses to the global economy—even if many see the potential to benefit from the dispute.

from WSJ.com: US Business https://on.wsj.com/2RGTZuR
via IFTTT

Federal Employee Unemployment Claims Jump in Wake of Shutdown

The number of Americans filing new applications for unemployment benefits fell last week, but claims filed by federal employees jumped at the start of a partial government shutdown.

from WSJ.com: US Business https://on.wsj.com/2H4AcBO
via IFTTT

American Airlines' Profit Warning Sends Carrier Shares Lower

American Airlines trimmed its profit guidance for 2018, raising concerns that U.S. carriers are falling short of revenue expectations and sending down shares across the sector.

from WSJ.com: US Business https://on.wsj.com/2RGTYXP
via IFTTT

How the U.S. Can Protect Corporate America's Tech Secrets From China

There are specific measures that U.S. negotiators can pursue to slam the brakes on China’s intellectual-property theft and what trade observers view as the forced transfer of technology.

from WSJ.com: US Business https://on.wsj.com/2H9OOzF
via IFTTT

Activision Blizzard Splits With 'Destiny' Studio

The videogame publisher is cutting ties with Bungie, the studio behind one of its biggest hits, a surprise move that dented its stock and added to questions about the company’s 2019 release slate.

from WSJ.com: US Business https://on.wsj.com/2RFa2JQ
via IFTTT

Lampert's Revised Bid for Sears Tops $5 Billion

Edward Lampert’s new bid for Sears Holdings topped $5 billion, $600 million more than his previous offer to rescue the troubled retailer out of bankruptcy court, where it faces potential liquidation.

from WSJ.com: US Business https://on.wsj.com/2H6MLMS
via IFTTT

Senator Collins Presses HHS to Reform Drug Rebate System

Maine Republican Susan Collins has asked the Department of Health and Human Services to take action on the Trump administration’s pledge to change the rebate system, citing steadily increasing drug prices.

from WSJ.com: US Business https://on.wsj.com/2RAAhBh
via IFTTT

Google Nears Win in Europe Over 'Right to Be Forgotten'

Alphabet’s Google and other search engines shouldn’t be forced to apply the European Union’s “right to be forgotten” beyond the bloc’s borders, an adviser to the EU’s top court argued.

from WSJ.com: US Business https://on.wsj.com/2H7Eokd
via IFTTT

Nike's Dutch Tax Deals Under Scrutiny in Europe

The European Commission opened an investigation into Nike’s tax deals with the Netherlands, which could lead to the U.S. company having to pay back millions of euros.

from WSJ.com: US Business https://on.wsj.com/2ROwa4J
via IFTTT

Bezos Divorce Clouds His Stake in Amazon

Amazon.com CEO Jeff Bezos and his wife, MacKenzie, are divorcing after 25 years of marriage, during which Mr. Bezos amassed a personal fortune while building the world’s most valuable company.

from WSJ.com: US Business https://on.wsj.com/2QDKTe9
via IFTTT

Beware the 5G Hype: Wireless Rivals Fuel Confusion

U.S. telecom companies have started slapping the 5G label on a smorgasbord of technologies, sowing confusion as they lay the infrastructure for full-fledged mobile 5G wireless service.

from WSJ.com: US Business https://on.wsj.com/2VOKr0m
via IFTTT

U.S. Government Shutdown Paralyzes IPOs, Imperiling Expectations for 2019

The government shutdown is threatening to spoil what was poised to be a banner year for IPOs.

from WSJ.com: US Business https://on.wsj.com/2QzW3jY
via IFTTT

Know Enough Not to Act Like a Know-It-All

Ambitious executives often act like they know everything. In hindsight, some professed know-it-alls say they didn’t realize how little they knew about getting ahead.

from WSJ.com: US Business https://on.wsj.com/2VOKoSe
via IFTTT

Airbus Order Rate Slackened in 2018

Airbus booked fewer airliner orders in 2018 and trailed U.S. rival Boeing for the year, but the European plane maker remained upbeat about global demand for air travel.

from WSJ.com: US Business https://on.wsj.com/2QDKQ1X
via IFTTT

Fed Is Unlikely to Raise Rates in Next Months

Federal Reserve officials signaled they are unlikely to raise interest rates for at least a few months while they assess the impact of recent market volatility on the U.S. economy.

from WSJ.com: US Business https://on.wsj.com/2VOKn0C
via IFTTT

Should You Fear the Yield Curve?

There’s a new horror show in the works: “Inversion of the Yield Curve,” in which a chilling, disembodied force seeps into the minds of the public, triggering panic in markets and hand-wringing on cable news.

from WSJ.com: US Business https://on.wsj.com/2QCnutg
via IFTTT

Most New Voting Members of Fed Back Rate Pause

Three of the four new voting members on the rate-setting Federal Open Market Committee signaled they are willing to take some time to gain greater clarity about the economic outlook before doing anything with monetary policy.

from WSJ.com: US Business https://on.wsj.com/2VOKlpw
via IFTTT