WALL STREET JOURNAL - US. BUSINESS NEWS

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US Business
Updated: 41 sec ago

Sears Stops Selling Whirlpool Appliances

4 hours 4 min ago
Sears Holdings Corp. will no longer sell Whirlpool Corp. appliances after a pricing dispute and changing market dynamics fractured a partnership that stretched back more than a century.
Categories: FINANCIAL NEWS

Russian State Outlet Thrives on YouTube, Facebook

6 hours 15 min ago
Although Google, Facebook and Twitter have spent months trying to ferret out covert Russian influence on their sites, RT, which intelligence officials call a top Kremlin propaganda tool, uses their social-media platforms as the main distributors of its content.
Categories: FINANCIAL NEWS

U.S. Ports Busy With Imports for Holiday Shopping

8 hours 12 min ago
Waves of imports streamed through U.S. seaports in September as retailers stocked up inventories ahead of the busy holiday shopping season.
Categories: FINANCIAL NEWS

Dividend Fears Take Toll on GE Shares

8 hours 35 min ago
Shares of General Electric took another pounding, reflecting investor fears that a conglomerate that was once the bluest of blue chips faces challenges daunting enough to force a dividend cut.
Categories: FINANCIAL NEWS

University of Wisconsin to Vote on Halting M.B.A. Admissions

9 hours 46 min ago
Officials at the University of Wisconsin School of Business have proposed suspending admissions to its full-time M.B.A. program for a year amid declining enrollment.
Categories: FINANCIAL NEWS

Supersized Family Farms Are Gobbling Up American Agriculture

Mon, 10/23/2017 - 23:51
Big U.S. growers are adding immense amounts of acreage to survive a harsh agricultural downturn, producing the greatest percentage of U.S. output since records began. Years of low grain prices are driving smaller American farmers out of business.
Categories: FINANCIAL NEWS

Whirlpool Cuts Guidance, Citing Rising Costs

Mon, 10/23/2017 - 23:48
Whirlpool Corp. shares fell sharply in after-hours trading Monday after the appliance maker issued a profit warning, blaming rising costs.
Categories: FINANCIAL NEWS

VW Wins Approval for Diesel-Emissions Fixes

Mon, 10/23/2017 - 23:44
Volkswagen AG won approval from U.S. and California environmental regulators for fixes to more than 38,000 diesel-powered vehicles rigged to dupe emissions tests.
Categories: FINANCIAL NEWS

N.Y. Probe of Weinstein Company's Handling of Sex Claims

Mon, 10/23/2017 - 23:19
Attorney General Eric Schneiderman has opened an investigation into the Weinstein Company to determine whether its handling of allegations of sexual misconduct against co-founder Harvey Weinstein violated state or city laws.
Categories: FINANCIAL NEWS

Seagate Technology Sees Signs of a Turnaround

Mon, 10/23/2017 - 23:15
Seagate Technology PLC reported higher-than-expected earnings as executives touted benefits of a prospective technology-supply deal with Toshiba Corp.’s memory-chip business and outlined plans for additional cost cuts.
Categories: FINANCIAL NEWS

Under Armour Co-Founder Kip Fulks Takes Sabbatical

Mon, 10/23/2017 - 19:40
Kip Fulks, a co-founder of Under Armour, is taking a sabbatical from the company, and the sportswear maker is considering exiting tennis and other categories as it combats slowing industry sales, said people familiar with the matter.
Categories: FINANCIAL NEWS

Amazon Says 238 Places Want to Host Its New Headquarters

Mon, 10/23/2017 - 17:33
Amazon said it received 238 proposals from cities and regions across North America to host its second headquarters.
Categories: FINANCIAL NEWS

Caterpillar Earnings: What to Watch

Mon, 10/23/2017 - 17:31
Caterpillar is due to report third-quarter earnings Tuesday, providing clues to the health of the global economy. The manufacturer’s stock has surged more than 50% over the past 12 months.
Categories: FINANCIAL NEWS

Allergan: That $15 Billion Sure Went Fast

Mon, 10/23/2017 - 17:23
Last year Allergan PLC did one of the best deals in drug industry history. The drug company has been busily squandering the benefits ever since.
Categories: FINANCIAL NEWS

Hasbro Gives Cautious Holiday Outlook

Mon, 10/23/2017 - 17:16
Hasbro Inc. warned that the Toys “R” Us Inc. bankruptcy will soften sales during the key holiday period, with the maker of Nerf guns and Disney Princess dolls unsure how frequently it will ship items to the specialty retailer.
Categories: FINANCIAL NEWS

Eurozone Consumer Confidence at 16-Year High

Mon, 10/23/2017 - 16:36
Euro area consumers continued to gain confidence in October, which should reassure European Central Bank policy makers that the economic recovery is set to remain robust as they prepare to take a key decision on the futures of their bond-buying program.
Categories: FINANCIAL NEWS

Arconic Names Former GE Executive as CEO

Mon, 10/23/2017 - 16:15
Arconic named former General Electric executive Chip Blankenship as its new leader, roughly six months after its prior CEO stepped down after sending an unauthorized letter to an activist investor.
Categories: FINANCIAL NEWS

McDonald's Earnings: What to Watch

Mon, 10/23/2017 - 16:02
McDonald’s is scheduled to report third-quarter earnings Tuesday. Investors will be looking for news about delivery services and new menu items.
Categories: FINANCIAL NEWS

AT&T Earnings: What to Watch

Mon, 10/23/2017 - 15:56
AT&T is scheduled to report third-quarter results after the market close Tuesday.
Categories: FINANCIAL NEWS

Ill-Timed Uber Investment Roils a Giant Saudi Fund

Mon, 10/23/2017 - 15:20
Saudi Arabia’s state-owned Public Investment Fund is poised to become one of the world’s biggest investors. But the PIF, as it is known, is off to a rocky start: After struggling to calculate its own value, it is mired in conflict over disappointing investments, including in Uber.
Categories: FINANCIAL NEWS

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