J.C. Penney CEO Quits to Join Lowe's

5 hours 40 min ago
Marvin Ellison is quitting his job as chief executive of struggling J.C. Penney to take over leadership of Lowe’s, another retailer in need of a revamp.

U.S., China Edge Toward Trade Resolution

6 hours 43 min ago
The U.S. and China are moving closer toward resolving their trade dispute, with the two sides agreeing on the outlines of a reprieve for Chinese telecom giant ZTE and Beijing easing tariffs on imported cars.

Cambridge Analytica Staff Told Firm Is Liquidating

6 hours 46 min ago
Cambridge Analytica, the firm at the heart of a scandal over data handling that has ensnarled Facebook, is liquidating assets and has asked employees to vacate its London offices.

Santos Rejects More-Than $10 Billion Offer as Oil Prices Rise

7 hours 24 min ago
Australia’s Santos rejected a more than US$10 billion takeover bid by Harbour Energy Ltd. on Tuesday, saying the offer undervalued it given recent oil-price gains.

Highest-Paid Software and Services CEOs

7 hours 33 min ago
Gary Norcross of Fidelity National Information Services was the highest-paid software executive in 2017 at $29.1 million.

In Trade War With U.S., China Gets the Upper Hand

9 hours 2 min ago
Among all the trade fights that President Donald Trump has picked, his hand against China is the strongest. Yet Beijing, incredibly, appears to be winning.

Zuckerberg to Face Grilling in Europe Over Data, Fake News

9 hours 28 min ago
Top European Union lawmakers are set to interrogate Facebook Chief Executive Mark Zuckerberg over the company’s handling of alleged user-data misuse and election interference on the platform.

Ad Group Announces Rules for Transparency in Political Advertising

9 hours 33 min ago
The guidance requires advertisers to provide consumers with a link to a searchable database with more information about who placed the ad, their spending and contributions, and how the advertiser can be reached, among other things.

Banned From Amazon: The Shoppers Who Make Too Many Returns

10 hours 3 min ago
Amazon cultivated an image as a customer-friendly company in part by making it easy for shoppers to send back items they don’t want. Then it started banning customers who return too many items.

Is Tesla Abandoning the Mass Market?

12 hours 8 min ago
Tesla has given its first signals that it’s giving up on its ambition to become a mass-market car maker, when Chief Executive Elon Musk admitted that his promised $35,000 Model 3 vehicle would cause the company to “lose money and die” if built right away.

How the 'World's Most Comfortable Shoe' Is Challenging Nike and Adidas

13 hours 8 min ago
Driven by word-of-mouth sales and an eco-focus, San Francisco's Allbirds has sold over a million shoes in two years. But can this Silicon Valley success story last?

U.S., China Agree on Outline to Settle ZTE Controversy

15 hours 58 min ago
The U.S. and China have agreed on the broad outline of a deal to settle the controversy over Chinese telecom giant ZTE, as the two sides work toward an agreement to ease trade tensions.

Sony to Buy Mubadala's Stake in EMI Music Publishing

18 hours 59 min ago
Sony has agreed to buy Mubadala Investment’s stake in EMI Music Publishing in a deal with an enterprise value of about $4.75 billion.

High Court Limits Workers in Arbitration Cases

20 hours 9 min ago
A divided Supreme Court gave businesses the power to block employees from joining together to file claims for wage theft and other work-related violations, upholding employer-written rules requiring that each case be limited to a single employee.

An Immigration Debate Distinct From Economic Realities

20 hours 34 min ago
There is a good case that America’s economy has never needed immigrant labor more than it does now. The long-term demographic trends also suggest immigration can be more helpful than harmful. Yet the climate is more hostile toward immigrants and immigration than at any time in recent memory, Gerald F. Seib writes.

Boeing Faces Fresh Union Vote

20 hours 49 min ago
A group of workers at Boeing Co’s large plane-making facility in South Carolina will vote on union representation later this month after labor regulators on Monday cleared a path for a fresh ballot.

Politico Expands Into Asia Via South China Morning Post

Mon, 05/21/2018 - 23:30
Politico, the U.S. website known for its blanket coverage of all things politics, is launching a partnership with the Hong Kong newspaper and website owned by Jack Ma’s Alibaba Group.

What's A Clown to Do After the Circus? One Is Running for Congress

Mon, 05/21/2018 - 23:16
Ringling Bros. and Barnum & Bailey Circus closed a year ago, sending performers into new arenas; human cannonball ‘Nitro Nicole’ sells yoga gear.

Uber's New Rules on Arbitration for Sex Claims Face First Test

Mon, 05/21/2018 - 22:01
A former Uber Technologies software engineer is suing the ride-hailing firm alleging years of sexual harassment, race discrimination and pay inequity, marking the first test of the company’s new policy for sex-related claims.

The Obama Channel? Obamas Sign Deal With Netflix

Mon, 05/21/2018 - 19:36
Netflix signed the former president and first lady to a multiyear deal to produce shows and documentaries for the streaming platform.

NextEra to Buy Florida Utility From Southern in $5.1 Billion Deal

Mon, 05/21/2018 - 19:14
NextEra Energy is buying a utility and other Florida assets from Southern Co. for $5.1 billion plus debt, to help it expand. And Southern could use the cash.

Starbucks Says Drug Use, Sleeping Unacceptable as It Clarifies Guest Policy

Mon, 05/21/2018 - 18:07
Starbucks Corp. made a fresh attempt Monday to explain its new policy on non-paying guests after its initial effort sparked complaints that cafes would turn into homeless shelters and drug havens.

Advanced Features Make Cars Safer, but They're Slow to Catch On

Mon, 05/21/2018 - 17:57
Most new cars nowadays can be outfitted with advanced safety gear, but salespeople often fail to pitch buyers on the benefits of these potentially lifesaving but costly features.

How HP Survives in a Shrinking PC Market

Mon, 05/21/2018 - 17:39
By focusing on sleeker designs and high-performance gaming machines, HP managed to boost revenue and gobble market share from smaller competitors even as the PC market shrank.

Climate Pressure on Shell Is Warning to Oil Industry

Mon, 05/21/2018 - 17:24
Investors are upping the ante on big oil companies over climate change, demanding they take more concrete action to help curb global warming, with the issue set to come into focus at Shell’s annual meeting.

Blackstone to Buy LaSalle Hotel Properties for $3.7 Billion

Mon, 05/21/2018 - 17:14
Blackstone Group LP, a large private-equity firm, has reached a deal to buy U.S. luxury hotel owner LaSalle Hotel Properties for about $3.7 billion, the companies said on Monday.

Egypt Clamped Down on Political Opposition---Next Up Is the Economy

Mon, 05/21/2018 - 17:10
In the wake of the Arab Spring, the military has amassed a growing business empire, squeezing out private-sector competitors. Now, amid soaring inflation and high youth unemployment, popular resentment is mounting.

Icahn, Corvex Show Interest in Buying Energen

Mon, 05/21/2018 - 16:44
Activist investors Corvex Management and Carl Icahn say they are potentially interested in buying oil-and-gas company Energen, according to a securities filing.

Britain Unlikely to Review Comcast's Sky Deal

Mon, 05/21/2018 - 16:36
Britain is unlikely to open an antitrust review into Comcast’s $30 billion bid for U.K. pay-TV giant Sky, a senior government official said, removing a hurdle for the cable firm in a takeover battle that also includes Fox and Disney.

Mnuchin: U.S., China 'Have Suspended The Tariffs'

Mon, 05/21/2018 - 15:09
The U.S. suspended its threat to impose tariffs on $150 billion in Chinese imports to the U.S. while negotiations with China continue, but President Donald Trump could impose the tariffs if a deal between the two countries doesn’t progress, Treasury Secretary Steven Mnuchin said.

GE to Merge Rail Division With Wabtec in $11 Billion Deal

Mon, 05/21/2018 - 15:07
General Electric agreed to merge its railroad business with Wabtec. in a deal valued at about $11 billion, letting GE raise some cash to fund its turnaround and shed one of its oldest operations.

Major Oil Companies Embrace Latin America

Mon, 05/21/2018 - 15:00
The world’s largest energy companies are placing enormous bets on Latin America, a region rich with oil that many avoided in the past.

Hyundai Car-Parts Affiliate Calls Off Deal Opposed by U.S. Hedge Fund

Mon, 05/21/2018 - 13:56
South Korean auto-parts maker Hyundai Mobis abruptly called off its planned restructuring, handing an early victory to U.S. activist hedge fund Elliott Management, which had led the opposition to the deal.

Small Brands Are Taking a Thousand Little Bites Out of Campbell's Business

Mon, 05/21/2018 - 13:30
As Americans become more adventurous with the grocery cart, food aisles are undergoing a transformation that is forcing big food companies to keep up with $10 bottles of juice and sophisticated-tasting cookies.

Boston Wants Amazon, But Is There Room?

Mon, 05/21/2018 - 13:05
The possible arrival of Amazon’s second headquarters in East Boston is triggering both hopes and apprehension in a neighborhood already dealing with fallout from surging costs in a growing city.

Behind Ford's New Approach to Advertising

Mon, 05/21/2018 - 07:21
Jim Farley, Ford’s No. 2 man, says the auto maker is using digital platforms more and looking to new providers, including Netflix, to produce its ads.

What's in P&G's Products? Now You Can Find Out

Mon, 05/21/2018 - 07:21
Chief R&D and Innovation Officer Kathy Fish explains why the company is sharing an expanded list of product ingredients online.

How Women Can Build Their Professional Networks

Mon, 05/21/2018 - 04:46
Networking is tougher for women for several reasons, but there are ways to make it work.

Boeing to Join Mexico in Probe Of Deadly Cuba Plane Crash

Mon, 05/21/2018 - 02:40
Allegations emerge that the Mexican charter airline had previously been warned about safety violations.

Treasury, USTR Send Mixed Messages Over China Tariffs

Sun, 05/20/2018 - 23:00
Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer made conflicting statements over whether the Trump administration plans to move forward with tariffs on Chinese merchandise entering the U.S.

Campbell's Strategy Comes Under Scrutiny After CEO Departure

Sun, 05/20/2018 - 22:57
Denise Morrison was the biggest champion of Campbell’s yearslong push into fresh and refrigerated foods, but her abrupt departure suggests that the strategy flopped and that the 150-year-old company needs a new plan.

Global Economy Week Ahead: U.S. Sentiment, U.K. Inflation, Eurozone PMI

Sun, 05/20/2018 - 21:00
In the week ahead, readings on U.S. home sales and consumer sentiment will be released, the U.K. will see new inflation data, and the eurozone gets a report on services and manufacturing activity.

'Deadpool 2' Surges to No. 1 at Box Office

Sun, 05/20/2018 - 20:39
“Deadpool 2” became the rare R-rated blockbuster at the box office over the weekend, kicking off what Hollywood hopes is a robust summer movie season.

The Mystery of the $70 Hoodie That's All Over Facebook

Sun, 05/20/2018 - 17:01
Welcome to the world of dropshipping, where entrepreneurs use social-media ads and hip virtual storefronts to flip merchandise from online marketplaces like Alibaba’s AliExpress to customers often paying premium prices.

Split in Goods and Services Inflation Underscores Fed's Challenge

Sun, 05/20/2018 - 16:03
Inflation has been a puzzle in the U.S. economy for years, failing to move up much when the unemployment rate tumbled. To resolve the puzzle, it helps to look at the U.S. as two economies: one for goods, another for services.

Employees Say Modern Time Clocks Chip Away at Their Paychecks

Sun, 05/20/2018 - 15:20
Thousands of hourly workers at companies like American Airlines and Kroger Co. say employers are saving millions of dollars using time-tracking systems that automatically deduct pay for breaks and meals.

Kraft Heinz Prepares to Take On Hellmann's With a New Mayonnaise and 'Mayochup'

Sun, 05/20/2018 - 15:00
The Big Two in the mayonnaise aisle, Unilever’s Hellmann’s and Kraft Heinz, are fighting off upstart products and protecting shelf space with innovations such as ...‘mayochup.’

The AI Doctor Will See You Now

Sun, 05/20/2018 - 14:08
Artificial intelligence in medicine promises to alert us to disease or a medical emergency before it happens — if only we can navigate the pitfalls.

FAA Moved Slower Than Usual on Warning Ahead of Southwest Fatality

Sun, 05/20/2018 - 13:06
Before a fatal accident on a Southwest Airlines flight, regulators had been weighing stepping up engine inspections for an unusually long time after the first warnings about a part.

China Rejects U.S. Target for Narrowing Countries' Trade Gap

Sun, 05/20/2018 - 02:41
A last-ditch effort by the Trump administration failed to get China to accept its demand for a $200 billion cut in the U.S. bilateral trade deficit, as Chinese officials resisted committing to any specific targets.

Starbucks Creates Policy on Nonpaying Guests

Sat, 05/19/2018 - 18:00
Starbucks is creating an official policy that allows all guests to use its cafes, including its restrooms, whether or not they make a purchase.

Main Street Banks Feel Squeezed by New Lending Rivals

Sat, 05/19/2018 - 15:00
Hedge funds, private-equity firms and others are elbowing into business loans. Midsize banks are being forced to rethink a business that is a key part of their revenue.

One Small Rancher's Big Role in Saving Brazil's Amazon

Sat, 05/19/2018 - 15:00
Mauro Lúcio Costa is now preaching his methods across the Amazon, putting him on the front line of a battle to preserve the forest and transform the cattle industry there.

Data-Privacy Law Creates New Business for Tech Consultants

Sat, 05/19/2018 - 14:00
The European Union’s tough new data-protection law demands costly changes for many companies and opens rich business opportunities for others.

Judge Dismisses Surveillance Lawsuit Filed by Former Fox News Host

Sat, 05/19/2018 - 05:33
Andrea Tantaros accused the cable news channel of spying on her and tapping her phones after she alleged Roger Ailes sexually harassed her, but a federal judge said her suit was based on speculation.

United Technologies to Sell Ice Cream-Machine Manufacturerfor $1 Billion

Sat, 05/19/2018 - 00:59
United Technologies is selling the Taylor Co., which produces ice-cream and frozen-drink machines, to Middleby Corp. for $1 billion in cash, as the industrial conglomerate works to sharpen its focus on its core businesses.

News Organizations Flag Concerns on Facebook's Political-Ad Rules

Sat, 05/19/2018 - 00:34
A trade group representing news organizations raised concerns to Facebook that the social media company’s rules on political ads are overly broad and could affect their ability to promote stories.

IMF Begins Talks With Argentina Over Bailout

Fri, 05/18/2018 - 19:40
The executive board of the International Monetary Fund began the formal process of negotiating a bailout program with Argentina, which has neared the brink of a crisis as its peso has fallen against the dollar.

TV Salivates Over Potential of Sports Betting to Boost Viewers and Ads

Fri, 05/18/2018 - 19:38
Media companies think they may have hit the jackpot with the Supreme Court’s ruling on sports betting, which is expected to increase TV viewership and boost ad spending.

Et Tu, Tesla? The Escalating War on Middle Management

Fri, 05/18/2018 - 19:13
The electric-car maker is the latest company to embrace flatness, but some researchers think it’s time to cut “sandwich” bosses a bit of slack.

The Era of Low Mortgage Rates Is Over

Fri, 05/18/2018 - 13:55
Mortgage rates this week jumped to their highest level since 2011, signaling a shift from a period of ultra-cheap loans to a higher-rate environment that could slow home price appreciation and squeeze first-time buyers.

Campbell Soup CEO Denise Morrison Retires

Fri, 05/18/2018 - 13:43
Campbell Soup Chief Executive Denise Morrison is leaving the company, the food maker said, as it also announced a quarterly loss and that it will begin a strategic review of its portfolio.

Why Fox Didn't Want 'Brooklyn Nine-Nine' But NBC Did

Fri, 05/18/2018 - 13:00
TV networks are making room for shows with so-so ratings, like “Elementary” on CBS and “Brooklyn Nine-Nine” on NBC, because of their potential for future revenues on Netflix and Hulu.

China Backs Off Punitive Measures for U.S. Sorghum

Fri, 05/18/2018 - 12:56
China has ended an anti-dumping and antisubsidy investigation into imported U.S. sorghum and lifted a surcharge on shipments, as the two countries work toward a deal to ease trade tensions.

Saks Bumps Its Beauty Counter Off Coveted Ground Floor

Fri, 05/18/2018 - 12:39
Saks Fifth Avenue is moving the beauty department at its flagship store off the ground floor, scrapping a nearly century-old blueprint in a bid to compete with Sephora and other beauty chains.

Bratz Bigwig in Failed Play to Run Rival Mattel

Fri, 05/18/2018 - 12:02
Isaac Larian, the toy mogul behind Bratz dolls, has been at odds with Mattel for more than a decade. Now, he wants to be put in charge of his struggling rival.

Who Will and Won't Pay America's Rich-Person Tax?

Fri, 05/18/2018 - 11:51
The Alternative Minimum Tax isn’t out, but it is way, way down. The AMT is a complex levy that raises taxes by limiting the value of certain breaks. The good news for many: this year’s AMT is a shadow of its former self.

When It Comes to Tech, Venture Capital Grows Less Venturesome

Fri, 05/18/2018 - 11:45
More big fundraising deals for a few already-large private tech companies means there’s less left for early-stage startups.

Look Inside This Chinese Smartphone and See It's Made in America

Fri, 05/18/2018 - 11:40
A look inside ZTE’s Axon 3 smartphone reveals how much the telecom giant depends on U.S. technology: 60% of the electronic components come from U.S. companies including Qualcomm, SanDisk and SkyWorks.

Spate of Company Scandals Taints Singapore's Clean Image

Fri, 05/18/2018 - 09:29
A spate of police investigations and alleged accounting irregularities among companies is denting investors’ confidence in this financial hub, forcing the country’s stock exchange to address what critics say is a legacy of weak corporate governance and market regulation

FDA Approves Migraine Medicine

Fri, 05/18/2018 - 04:21
Doctors say the new migraine drug from Amgen and Novartis can change patients’ lives by lowering the number of migraine days suffered by patients each month.

Trump Trade Chief Says 'Nowhere Near' a Deal on Nafta

Fri, 05/18/2018 - 03:58
President Donald Trump’s trade chief said the U.S. is “nowhere near” a deal on Nafta, effectively brushing aside an offer from House Speaker Paul Ryan for more time to conclude a deal that could be considered in Congress this year.

United Continental CFO Levy Departs Company

Fri, 05/18/2018 - 01:55
United Continental Holdings is looking for a new CFO after Andrew Levy left the third-largest U.S. carrier.

Legislation to Curb Chinese Deals Moves Through Congress

Fri, 05/18/2018 - 01:50
After more than a year of negotiation, committees in both chambers of Congress are set to advance versions of a major bill aimed at blocking sensitive Chinese deals, heightening the chances the proposed legislation will become law this year.

Uber's Chief Product Officer Jeff Holden Is Leaving Company

Fri, 05/18/2018 - 01:46
Uber’s chief product officer, Jeff Holden, who helped develop Uber Pool and more recently oversaw the company’s flying-taxi initiative, has told colleagues his last day is Thursday.

PayPal's iZettle Deal Sets Up a Showdown With Square

Fri, 05/18/2018 - 01:39
PayPal agreed to buy European fintech startup iZettle for around $2.2 billion, a move that will catapult it into hundreds of thousands of retailers around the world and sets up a showdown with Jack Dorsey’s Square.

Nordstrom Reports Weaker Same-Store Sales Growth

Fri, 05/18/2018 - 00:25
Retailer Nordstrom’s net sales rose in its latest quarter as it continues to invest in its e-commerce business to drive customer engagement.

Sportswear-Maker Puma to Open New York Flagship

Fri, 05/18/2018 - 00:08
Germany’s Puma has signed a lease deal to creating a marquee location on Fifth Avenue that will be the first of its kind for the company in North America.

Gawker Media Reaches a Truce With Peter Thiel

Thu, 05/17/2018 - 23:56
Advisers liquidating Gawker Media negotiated a settlement with billionaire Peter Thiel, who funded the Hulk Hogan privacy lawsuit that sent Gawker into bankruptcy.

Fed Pick Clarida Holds at Least $9 Million in Job-Related Financial Assets

Thu, 05/17/2018 - 22:10
Documents show Federal Reserve vice chairman nominee Richard Clarida holds employment-related financial assets valued at between $9 million and $39 million and other assets valued at between $12 million and $54 million.

Court Rules for Redstone Family in CBS Fight

Thu, 05/17/2018 - 18:29
CBS has lost the first round in a battle to break free from its controlling shareholder after a Delaware judge on denied its request for a temporary restraining order against the Redstone family. But the legal fight is far from over.

BJ's Wholesale Files for IPO

Thu, 05/17/2018 - 18:28
BJ’s Wholesale Club Holdings Inc. filed for an initial public offering Thursday, in a move that is relatively rare for a retailer recently.

Fox News Names Suzanne Scott its First Female CEO

Thu, 05/17/2018 - 18:00
Suzanne Scott, the longtime programming chief of Fox News, has been named chief executive of the top-rated cable news channel in an executive reorganization.

Kroger's Big, Risky Bet on Grocery Delivery

Thu, 05/17/2018 - 16:36
Kroger is betting that robots will give it an edge in the food fight with Walmart and Amazon. Investors can expect a long receipt.

U.S. Household Wealth Rises Largely Among High-Credit-Score Borrowers

Thu, 05/17/2018 - 16:00
American home equity has recently recovered, but much of this household wealth is more likely to be held by older, high-credit-score borrowers less exposed to financial shocks.

Privacy Policies Flooding Your Inbox? How to Cut Through the Gibberish

Thu, 05/17/2018 - 15:55
Thanks to Europe’s GDPR, companies have bombarded you with their new privacy policies; how to read them without actually reading them.

Why Lithium and Cobalt Producers Are the Hot New Acquisition Target

Thu, 05/17/2018 - 15:51
Tesla and a large Chinese firm each struck new deals with lithium producers, the latest sign that technology companies, car makers and other big users of lithium are rushing to secure supplies of the material used in electric car and cell phone batteries.

Vanishing Venezuela: A WSJ Films Documentary

Thu, 05/17/2018 - 15:49
Mismanagement and corruption have left Venezuela’s economy in tatters and millions without food. This WSJ Films documentary follows one Caracas woman’s struggle to feed her family.

FDA Calls Out Drug Makers That Improperly Block Generic Competition

Thu, 05/17/2018 - 15:41
The Food and Drug Administration took the aggressive step of publicly exposing drug companies it says may be gaming the system by improperly blocking competition from generics.

US Jobless Claims Rise, But Hover Near Recent Lows

Thu, 05/17/2018 - 14:34
The number of U.S. workers filing applications for jobless benefits went up more than expected last week but remained at historically low levels.

Walmart Sees Sales Growth as Digital Investments Remain In Focus

Thu, 05/17/2018 - 14:22
Walmart said that stronger foot traffic and average customer spend per visit at its U.S. stores helped lift sales in its quarter, as the retail giant continued to invest in online initiatives.

PlayerUnknown: Tencent Can't Make Money Off Top Mobile Games

Thu, 05/17/2018 - 14:12
Internet giant Tencent is having trouble making money from two of the biggest mobile games in China. People familiar with the matter say the difficulties stem from China’s unofficial economic sanctions against South Korea for its decision to install a U.S. missile-defense system.

Japan Weighs Retaliation Over U.S. Steel Tariffs

Thu, 05/17/2018 - 14:11
The move, a break from the more conciliatory approach Tokyo initially adopted toward its closest ally, reflects Japan’s irritation about its steel being labeled a national-security threat by the Trump administration.

Tax Law Makes Companies Rethink Entertainment Expenses

Thu, 05/17/2018 - 14:09
With the new tax law limiting deductions for business meals and entertainment, many companies are cutting back on beloved perks like season sports tickets.

Farms, Factories Won't Meet U.S. Goal to Cut China Deficit

Thu, 05/17/2018 - 14:00
The White House is likely to fall well short of a plan to slash the U.S. trade deficit with China by half, in large part because American farms and factories will find it hard to produce enough exports to meet that goal.

China Approves Toshiba's $18 Billion Sale of Its Memory-Chip Unit

Thu, 05/17/2018 - 12:22
Private-equity firm Bain Capital received approval from Chinese antitrust regulators for its deal to buy Toshiba’s memory-chip unit.

Power Play: How China-Owned Volvo Avoids Beijing's Battery Rules

Thu, 05/17/2018 - 12:12
Chinese-owned Volvo Car Group is being allowed to use high-end South Korean battery technology in the electric hybrid vehicles it builds in China, even as Beijing strong-arms other auto makers into using Chinese batteries.

Disabled Gamers Get a New Controller From Microsoft

Thu, 05/17/2018 - 11:30
Microsoft is making its first videogame controller designed for people with disabilities, the latest in a growing number of industry efforts to accommodate players who face challenges seeing, hearing and directing the on-screen action.

Oil's at $70, But Frackers Still Struggling to Make Money

Thu, 05/17/2018 - 11:30
American shale drillers are still spending more money than they are making, even as oil prices rise. Of the top 20 U.S. oil companies that focus mostly on fracking, only four managed to generate more cash than they spent in the first quarter, according to a Wall Street Journal analysis of FactSet data.

YouTube Music, a New Streaming Service, to Launch May 22

Thu, 05/17/2018 - 10:06
The company said its new offering will include a “reimagined mobile app” and a new desktop player designed for music.