WALL STREET JOURNAL - US. BUSINESS NEWS

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Delta, Zara and Medtronic Join Marriott in Beijing's Doghouse After Location Gaffes

Fri, 01/12/2018 - 12:16
More foreign companies were in Beijing’s crosshairs Friday after including regions like Tibet and Taiwan in a list of independent countries on their websites.
Categories: FINANCIAL NEWS

NASA Safety Watchdogs Raise Concerns About SpaceX, Boeing Spacecraft

Fri, 01/12/2018 - 11:30
NASA’s plan to routinely ferry astronauts into orbit using private spacecraft—initially slated to start last year—has slipped until at least the spring of 2019 and unresolved hazards threaten further delays.
Categories: FINANCIAL NEWS

Auto Makers, in a Blast From the Past, Retool Iconic Trucks

Fri, 01/12/2018 - 11:30
Car makers plan revivals of some of their best-known truck and SUV nameplates, bringing a wave of roomy, updated off-road vehicles to the U.S. market—a sign that consumers’ passion for oversize vehicles hasn’t faded.
Categories: FINANCIAL NEWS

Tencent Joins Asia-Tech Debt Rush With Its Biggest Bond Sale

Fri, 01/12/2018 - 09:14
Chinese internet giant Tencent Holdings Ltd.’s visit to the bond market this week marked the latest in a string of Asian technology firms that have been issuing more debt as their market values have swelled.
Categories: FINANCIAL NEWS

Please Visit Our Collection of Stores Under One Roof, Which Totally Isn't a Mall

Fri, 01/12/2018 - 06:08
Landlords expunge the disfavored four-letter word from shopping centers in favor of Town Center, Shoppes, Promenades and Quarters; an ‘upscale multipurpose leisure-time consumer destination’
Categories: FINANCIAL NEWS

Altice Reverses Course in U.S. and Europe Amid Downsized Ambitions

Fri, 01/12/2018 - 05:57
When French billionaire Patrick Drahi spoke in 2016 to top managers at Cablevision—the New York-area firm he had just bought for $10 billion—he told them the key to his success was making decisions fast.
Categories: FINANCIAL NEWS

Toyota, Mazda Offered at Least $700 Million Incentive Package in Alabama

Fri, 01/12/2018 - 04:25
Toyota and Mazda were offered at least $700 million in combined incentives to steer a $1.6 billion new factory investment to northern Alabama.
Categories: FINANCIAL NEWS

Intel Fumbles Its Patch for Chip Flaw

Fri, 01/12/2018 - 02:42
Intel is quietly advising some customers to hold off installing patches that address new security flaws affecting virtually all of its processors. It turns out the patches had bugs of their own.
Categories: FINANCIAL NEWS

Your Robot Pal Is On Its Way

Fri, 01/12/2018 - 02:32
Dozens of robots were at the CES 2018 tech show in Las Vegas, some with legs and some on wheels, raising a pivotal question: Who would you rather have cooking your dinner, R2-D2, or C-3PO?
Categories: FINANCIAL NEWS

Facebook Considers Prioritizing Trustworthy News Sources in Feed

Fri, 01/12/2018 - 01:33
Facebook is considering changing how it prioritizes news stories in users’ feeds to give better placement to media outlets deemed more trustworthy, as the company continues efforts to limit the exposure of false news.
Categories: FINANCIAL NEWS

Fiat Chrysler to Move Some Truck Production to Michigan

Fri, 01/12/2018 - 01:30
Fiat Chrysler Automobiles said it would invest $1 billion to move production of one of its most profitable trucks to Michigan from Mexico, a move that could help the Italian-U.S. auto maker lower risks related to potential changes to the North American Free Trade Agreement.
Categories: FINANCIAL NEWS

Watchdog Finds No Political Interference in Tax-Bill Analysis

Fri, 01/12/2018 - 01:13
Career Treasury Department staffers were “fully engaged” in the process of analyzing a Republican tax bill, and denied that political appointees had taken over the process, according to a government watchdog inquiry.
Categories: FINANCIAL NEWS

IBM Names New Finance Chief

Fri, 01/12/2018 - 00:47
International Business Machines said James Kavanaugh will become the firm’s next senior vice president and finance chief, succeeding Martin Schroeter, who is expected to take on a sales-focused role within the company.
Categories: FINANCIAL NEWS

Cindy Crawford Returns to the Super Bowl for Pepsi

Fri, 01/12/2018 - 00:36
PepsiCo Inc. is devoting one of its coveted Super Bowl ads to its namesake soda brand and enlisting Cindy Crawford’s help.
Categories: FINANCIAL NEWS

Kering to Spin Off Puma to Its Shareholders

Thu, 01/11/2018 - 23:45
Luxury goods company Kering moved to shed most of its controlling stake in the German sportswear company Puma, announcing a plan to distribute 70% of Puma’s shares to Kering shareholders.
Categories: FINANCIAL NEWS

Dropbox Files for IPO Three Years After $10 Billion Private Valuation

Thu, 01/11/2018 - 23:18
Web-storage company Dropbox Inc. has filed confidentially to go public, in what stands to be one of the largest tech IPOs in the past few years, according to multiple people familiar with the matter.
Categories: FINANCIAL NEWS

Auto Makers Miss Emissions Target Despite Record Fuel Economy

Thu, 01/11/2018 - 22:48
Auto makers missed a U.S. emissions target for the first time despite achieving record fuel economy, setting the stage for intense lobbying as the Trump administration decides whether to roll back regulations.
Categories: FINANCIAL NEWS

Ford Warns Against Driving Certain 2006 Ranger Pickups

Thu, 01/11/2018 - 22:38
Ford is telling owners of nearly 3,000 older Ranger pickup trucks not to drive them after learning that a driver was killed last year when a defective air bag made by Japanese supplier Takata ruptured in a crash.
Categories: FINANCIAL NEWS

U.S. Ran $23 Billion Budget Deficit in December, Treasury Says

Thu, 01/11/2018 - 20:19
The federal budget deficit for December narrowed from a year ago, amid flat government spending and higher tax receipts, the Treasury Department said.
Categories: FINANCIAL NEWS

Tax Overhaul's New Withholding Calculations for Paychecks Are Released

Thu, 01/11/2018 - 20:05
The Treasury Department on Thursday updated its rules for tax withholding from paychecks, changing calculations so most workers will start getting more take-home pay in February as a result of the recently passed tax law.
Categories: FINANCIAL NEWS

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