WALL STREET JOURNAL - US. BUSINESS NEWS

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Rihanna or Serena? The Endorsement Puzzle for Women's Sportswear

Sat, 01/13/2018 - 00:19
To market women’s sportswear, industry executives have long grappled with a perennial debate: Are celebrities or sports stars more effective endorsers?
Categories: FINANCIAL NEWS

CVS to Keep Aetna in Hartford, Conn.

Sat, 01/13/2018 - 00:03
CVS Health Corp. has decided to keep Aetna Inc. in Hartford, Conn., reversing the insurer’s plan announced last year to move its corporate offices to New York City.
Categories: FINANCIAL NEWS

One Website's Facebook Apocalypse Is Another's Opportunity to Shine

Fri, 01/12/2018 - 23:51
Digital publishers are reckoning with the potential impact of Facebook’s planned changes to its news feed, with reactions ranging from trepidation to confidence to reflection on the folly of depending on the social network for web traffic in the first place.
Categories: FINANCIAL NEWS

Supreme Court to Consider Internet Sales Tax Collection

Fri, 01/12/2018 - 22:46
The Supreme Court said it would consider whether states can broadly require online retailers to collect sales taxes even for states where they lack a physical presence—with a potential major impact on online commerce.
Categories: FINANCIAL NEWS

Fiat Chrysler Recalls Minivans to Fix Software Glitch

Fri, 01/12/2018 - 22:36
Fiat Chrysler Automobiles issued a recall for more than 162,000 late model Chrysler Pacifica minivans to fix a software flaw that could stall out vehicles while being driven.
Categories: FINANCIAL NEWS

Supreme Court to Hear Price-Fixing Case Against Chinese Vitamin C Makers

Fri, 01/12/2018 - 21:49
The Supreme Court said it would hear an antitrust case involving price fixing by Chinese vitamin C manufacturers, agreeing to decide whether U.S. judges must defer to legal submissions made by the Chinese government.
Categories: FINANCIAL NEWS

Growing Appetites Fuel Record U.S. Meat Production

Fri, 01/12/2018 - 19:47
America is producing more meat than ever. Farmers and meatpackers produced a record 99.7 billion pounds of red meat and poultry in 2017, the U.S. Department of Agriculture estimates. They are on track for an even bigger slaughter this year.
Categories: FINANCIAL NEWS

USDA, Senators Vow to Change Farmer Cooperative Tax Provision

Fri, 01/12/2018 - 19:25
Agriculture trade groups and federal officials are working to change part of the new tax law that gives farmer cooperatives an edge over independently owned businesses.
Categories: FINANCIAL NEWS

Parents' Biggest Dilemma: When to Give Children Smartphones

Fri, 01/12/2018 - 19:04
The battle for the attention of America’s children pits parents against some of the world’s most advanced companies. It is a fight as lopsided as it sounds..
Categories: FINANCIAL NEWS

U.S. Cites 'Notorious Markets' in China, Russia for Suspect Goods

Fri, 01/12/2018 - 18:22
The Trump administration targeted markets in Russia, China and other countries for allegedly turning a blind eye to the sale of counterfeit goods and other intellectual-property violations.
Categories: FINANCIAL NEWS

Did I Really Buy That? It's Prime Time for Charge-Card Reversals

Fri, 01/12/2018 - 17:27
In the several weeks after Christmas, one analysis says, U.S. merchants and credit-card issuers can expect to see $980 million in disputed charges reversed in consumers’ favor.
Categories: FINANCIAL NEWS

Designer Put Style Into Plastic Dinnerware and Other Household Objects

Fri, 01/12/2018 - 16:00
Joan Luntz studied history and opera and had six children before finding her unlikely career designing plastic dinnerware.
Categories: FINANCIAL NEWS

Steven Mnuchin Unsure if Bill Needed to Shore Up Tax Law

Fri, 01/12/2018 - 15:32
Treasury Secretary Mnuchin said it isn’t clear whether Congress will need to take up a bill to make technical corrections to the sweeping new tax law that took effect this month.
Categories: FINANCIAL NEWS

Why Gucci Owner Wants to Kick Off Its Pumas

Fri, 01/12/2018 - 15:20
Luxury group Kering is seizing the chance to offload Puma at a price that just about covers its purchase cost 11 years ago.
Categories: FINANCIAL NEWS

Bezos to Grant $33 Million in College Scholarships for DACA Students

Fri, 01/12/2018 - 14:45
Amazon.com Inc. Chief Executive Jeff Bezos is granting $33 million in college scholarships for undocumented immigrant high-school graduates in the U.S., according to TheDream.US, a nonprofit education group.
Categories: FINANCIAL NEWS

U.S. Retail Sales Increased 0.4% in December

Fri, 01/12/2018 - 14:43
Spending at U.S. retailers rose in December for the fourth consecutive month, capping the strongest year for sales growth since 2014.
Categories: FINANCIAL NEWS

U.S. Consumer Prices Rose 0.1% in December

Fri, 01/12/2018 - 14:42
U.S. consumer prices rose in December, a sign that inflation ended the year on a somewhat stronger note.
Categories: FINANCIAL NEWS

China Reports Biggest-Ever Annual Trade Surplus With U.S.

Fri, 01/12/2018 - 13:50
China reported its largest-ever annual trade surplus with the U.S. last year while its overall imbalance with the world shrank, potentially strengthening the Trump administration’s case for tougher penalties and other trade actions against Beijing.
Categories: FINANCIAL NEWS

German Engineering Yields New Warship That Isn't Fit for Sea

Fri, 01/12/2018 - 13:19
Germany’s naval brass dreamed up a warship that could ferry marines into combat anywhere, go up against enemy ships and stay away from home ports for two years with a skeleton crew. But now it turns out it doesn’t work.
Categories: FINANCIAL NEWS

British Giant GKN, Which Made Cannon Balls for Wellington, Remakes Itself Again

Fri, 01/12/2018 - 13:08
GKN rejected a $9.5 billion approach from Melrose Industries and plans to separate its aerospace and automotive businesses.
Categories: FINANCIAL NEWS

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