WALL STREET JOURNAL - US. BUSINESS NEWS

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Updated: 33 sec ago

Senate Panel Again Votes to Back Powell as Fed Chief

Wed, 01/17/2018 - 17:24
The Senate Banking Committee on Wednesday voted for the second time to advance the nomination of Jerome Powell to be the next chairman of the Federal Reserve.
Categories: FINANCIAL NEWS

U.S. Industrial Production Rose 0.9% in December

Wed, 01/17/2018 - 15:31
U.S. industrial production rose sharply in December despite slow growth in the manufacturing sector, its largest component.
Categories: FINANCIAL NEWS

How Trump Has Remade the Rules for Business

Wed, 01/17/2018 - 15:24
The Trump administration in its first year has pushed for deregulation across industries. The effort has included high-profile actions, such as reversing Obama-era rules on internet traffic and power-plant emissions. But there have been hundreds of narrower steps as well. Here is a sampling of the major changes.
Categories: FINANCIAL NEWS

Why Your Bags Can Stay Stuck for Days

Wed, 01/17/2018 - 15:23
The recent fiasco at JFK Airport reveals how airlines have little incentive to deliver your delayed luggage as quickly as possible.
Categories: FINANCIAL NEWS

Why Google Won't Search for Your Art Look-Alikes in Some States

Wed, 01/17/2018 - 15:20
Millions of people across the U.S. have downloaded an app to see how a Google algorithm matched their selfies to historical artwork. But for many residents of Illinois and Texas, the selfie tool was missing. The reason? State bans on the collection of biometric data.
Categories: FINANCIAL NEWS

Dentsply Sirona Taps Outsider for CEO Following Forced Resignations

Wed, 01/17/2018 - 14:46
Dentsply Sirona has named a new chief executive, months after the dental supply company forced three of its top executives to resign following a soured merger.
Categories: FINANCIAL NEWS

Fed's Kaplan Sees 3 Rate Rises This Year, but Says More May Be Needed

Wed, 01/17/2018 - 14:23
Dallas Fed President Robert Kaplan said he expects the U.S. central bank will need to raise interest rates three times this year and perhaps even more to prevent a robust economy from overheating.
Categories: FINANCIAL NEWS

Pipeline Builders Outflank Opposition with Expansions

Wed, 01/17/2018 - 12:37
As environmentalists and local activists make it difficult to build new oil and gas lines, energy companies are simply supersizing old pipes that already exist.
Categories: FINANCIAL NEWS

Companies Tout Tax Benefits as Earnings Season Begins

Wed, 01/17/2018 - 12:22
Some of the biggest U.S. companies are promising significant annual savings, bigger pension contributions, higher dividend payments and more extensive stock buybacks as executives start to discuss the impact of the federal tax overhaul.
Categories: FINANCIAL NEWS

To Woo Amazon, Cities Tackle Everything From Traffic to Housing

Wed, 01/17/2018 - 11:30
Amazon’s contest to find a place for its second headquarters is spurring civic leaders around the country to confront municipal problems that have confounded lawmakers and local leaders for decades.
Categories: FINANCIAL NEWS

Nissan Expects to Build New U.S. Plant

Wed, 01/17/2018 - 08:18
Nissan Motor’s chief executive said the company believes it will need to build a new plant in the U.S. in four or five years, when the car maker would be ready for another push to expand.
Categories: FINANCIAL NEWS

Showmanship Is Still the Star at Detroit Auto Show

Wed, 01/17/2018 - 00:27
Auto makers rolled out a classic Mustang, trays of schnapps and even Arnold Schwarzenegger while unveiling new trucks and SUVs on the road to the era of electric and driverless cars.
Categories: FINANCIAL NEWS

YouTube Subjecting All 'Preferred' Content to Human Review

Wed, 01/17/2018 - 00:14
YouTube is ordering workers to review thousands of hours of its most popular content and setting new limits on which videos can run ads, in moves to ease advertisers’ worries that their brands are showing up alongside offensive or controversial videos.
Categories: FINANCIAL NEWS

States, Activists Challenge FCC Rollback of Net-Neutrality Rules

Wed, 01/17/2018 - 00:06
State attorneys general and internet activists filed legal challenges to the Federal Communications Commission’s recent rollback of Obama-era internet regulations, launching a legal battle that could go on for years.
Categories: FINANCIAL NEWS

Judge Signals He Will Approve Settlement Between Allergan Shareholders and Pershing, Valeant

Wed, 01/17/2018 - 00:02
A federal judge signaled he would approve a $290 million settlement reached by Pershing Square, Valeant and the shareholders of Allergan who had alleged the two firms improperly profited from their failed attempt to buy the maker of Botox.
Categories: FINANCIAL NEWS

Ford Sees Lower Operating Profit on Earnings-per-Share Basis

Tue, 01/16/2018 - 23:25
Ford said it expects lower operating profit on an earnings-per-share basis in 2018, with higher commodity costs and adverse exchange rates offsetting gains from cost-cutting efforts and continued demand for high-margin pickup trucks.
Categories: FINANCIAL NEWS

Celgene in Talks to Buy Juno Therapeutics

Tue, 01/16/2018 - 23:18
Celgene Corp. is in talks to buy biotechnology company Juno Therapeutics Inc., just days after announcing another major deal to bolster its portfolio of blood-cancer drugs.
Categories: FINANCIAL NEWS

Simon Settles Suit With Starbucks Over Teavana Closures

Tue, 01/16/2018 - 20:06
Simon Property Group and Starbucks have reached a settlement over a lawsuit by the mall owner that had sought to prevent Starbucks from closing Teavana stores in its shopping centers.
Categories: FINANCIAL NEWS

A Slowdown Is in Store forthe Self-Storage Business

Tue, 01/16/2018 - 19:45
For most of the current economic expansion, the self-storage sector has been beating all other major commercial property types in earnings growth and stock performance. But growth is slowing as markets get flooded with new supply.
Categories: FINANCIAL NEWS

The Antitrust Case Against Facebook, Google, Amazon and Apple

Tue, 01/16/2018 - 19:15
Facebook, Google, Amazon and Apple dominate their worlds just as Standard Oil and AT&T once did. Critics say they should get the same treatment. The answer to the antitrust question depends on a narrow test: Are consumers worse off?
Categories: FINANCIAL NEWS

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