Updated: 1 min 32 sec ago
The Trump administration is asking the Defense Department and other agencies to assess industry’s ability to fill U.S. defense needs.
In Chief Executive Jeff Immelt’s last report at the helm of General Electric, the company showed progress on reaching its cash-flow and cost-cutting goals.
A Federal Reserve-sponsored task force is preparing to unveil proposals by financial institutions, payments providers, trade groups and others to improve the decades-old U.S. systems for moving money electronically.
Wal-Mart has agreed to invest in Plug Power Inc. and buy more of its fuel-cell-powered machines, a move that mirrors a deal struck by Amazon earlier this year.
Tobacco companies want U.S. regulators to bless smokeless tobacco as a safer alternative to smoking, as cigarette consumption falls. In its campaign, Big Tobacco has unusual supporters: some public-health advocates.
Although little progress was made at Washington-Beijing trade negotiations this week, Beijing appeared a day later to want to project stability ahead of major leadership shuffle.
Microsoft continued its rebirth as a force in cloud-computing, posting stronger-than-expected gains in its business of selling web-based services to corporate customers.
Known for his teasing tweets and ever-expanding list of high-tech ambitions, Elon Musk set observers abuzz again with a vague claim he received “verbal” approval for a high-speed, tunnel-based travel system along one of the busiest corridors in the U.S.
Workers assembling General Motors Co.’s Tesla fighter are taking a month off this summer amid lukewarm demand, a sign American car buyers are showing little interest in vehicles that rely solely on battery power to get from Point A to B.
The International Monetary Fund provides public access to board-meeting minutes only up to 2010, even though its guidelines require that such information should be available for more-recent deliberations.
The U.S. Treasury Department imposed a $2 million fine on Exxon Mobil Corp. for violating sanctions on Russia while Secretary of State Rex Tillerson was the oil giant’s chief executive.
Anheuser-Busch InBev is acquiring Hiball, a San Francisco-based company making organic energy drinks and carbonated juices and water.
The theme-park retreat by billionaire Wang Jianlin’s Dalian Wanda Group reflects the challenge of rising to show-business superpower. China has yet to field companies with the talent to compete with Hollywood’s movie and TV studios, which have parlayed a century of film-making into global park empires.
Chipotle Mexican Grill reopened the location it temporarily closed this week in Sterling, Va. after learning of a small number of customers who complained of getting sick after eating there.
Beijing’s internet censors are now targeting American and other foreign TV shows that are popular with young Chinese as it tries reinsert Communist ideology into public life.
Unilever reported a sharp rise in first-half profit and forecast better-than-expected margins for the full year, making good for now on its promise to improve its performance after fending off a $143 billion takeover approach from Kraft Heinz.
Sears will start selling its Kenmore refrigerators and stoves on Amazon.com, marking the first distribution of its kitchen appliances outside of its own stores.
Twitter said it has clamped down on harassment on its service, a campaign that is forcing the company to confront tricky questions about how it applies its standards.
PepsiCo’s longtime leader Indra Nooyi is promoting one of her lieutenants to serve as the company’s president, filling a No. 2 role that has been vacant for nearly three years and shuffling around her potential successors.
BP has approached potential buyers of its oil-and-gas production assets in the North Sea, people familiar with the matter said.
The number of Americans applying for first-time unemployment benefits fell last week, another signal of a buoyant job market.
Solicitations for a mushrooming number of attorney awards and rankings are inundating law firms, and consultants have popped up to guide firms through the submissions process.
For the first time in years, pay for lowest-income Americans is rising faster than for other groups. Weekly pay for earners at the lowest 10th percentile of the wage scale rose at a faster rate last quarter, from a year earlier, than any other group.
The European Central Bank left its key interest rates unchanged and retained a passage in its opening statement that reiterates its readiness to bolster its bond-buying program should economic conditions worsen.
As the job market tightens, small-business owners are boosting pay to keep experienced hands from jumping ship.
The Fed is likely to stand pat on policy when it concludes a policy meeting next week, but it faces a debate about the future path of interest-rate increases because of a deepening puzzle over inflation.
Microsoft is scheduled to report fiscal fourth-quarter earnings after the market closes Thursday
The Swedish car maker, owned by China’s Geely, says it is on course for record sales in 2017 after logging a 23% net-profit gain in the latest quarter, buoyed by growth in Asia.
House Republicans took the first step Wednesday toward a plan to overhaul the U.S. tax code as considered a federal budget resolution they must pass to advance a tax bill without any Democratic support
The Trump administration has tapped a veteran trade official involved in the original North American Free Trade Agreement to lead new talks with Canada and Mexico on an overhaul of the agreement starting next month.
Charter carrier Dynamic International Airways LLC, which offers charter flights to regional cities in China, filed for bankruptcy protection Wednesday to stabilize its business.
Hydro One said it has agreed to buy Avista for $53 a share as the Canadian utility company seeks to expand its North American footprint.
T-Mobile US Inc. continued to grow in the second quarter and raised projections for the year, saying that it still expects to capture all of the growth in the market’s most desirable customer group.
Jana Partners, the activist hedge fund whose push to shake-up Whole Foods Market helped prompt Amazon.com to buy the natural grocer, has sold its stake in the company.
The nation’s hospitals are lobbying to keep lucrative pharmaceutical subsidies that Medicare pays certain facilities for drugs they buy and administer to patients.
Qualcomm Inc. on Wednesday said profit fell 40% in its latest quarter, the first in years that didn’t include patent royalties on devices from Apple Inc.
Across New England, classic rural general stores are on the decline amid new competition, especially from online shopping and chain dollar stores. But some are finding ways to fight back.
CSX Corp. is telling some shippers to brace for growing pains, including additional days of transit times, as the railway implements Chief Executive Hunter Harrison’s plan to tighten schedules.
Univision has been fielding interest from potential bidders after the media company’s initial public offering was delayed.
Samsung’s plan to conquer Siri, Alexa and Google Assistant moves talking AIs in an ambitious new direction. Too bad Bixby under-delivers in its debut in the Galaxy S8, writes Geoffrey A. Fowler.
Nearly half of the 75 biggest initial public offerings of the last three years involved companies that lacked female directors when they went public, a new analysis found.
Upside Travel, a new company from Priceline’s founder, bets you’ll book their flight and hotel packages if there’s a form of cash in it for you.
The Trump administration launched its first economic talks with China amid signs that new difficulties were emerging in the friendly dialogue the two governments have been holding over the past three months.
The Senate’s labor committee approved two Republicans whom President Donald Trump nominated for vacant spots on the National Labor Relations Board on a party-line vote Wednesday.
Republicans, after a six-month effort to rewrite health-care law that appears to be ending in defeat, are hoping tax policy can deliver them a landmark victory but acknowledge it won’t be quick or easy.
The European Union’s top court is set to decide whether the bloc’s “right to be forgotten” stretches beyond Europe’s borders, a test of how far national laws can—or should—stretch when regulating cyberspace.
GE’s quarterly results, due Friday, will give the company’s incoming boss a taste of what he is up against: concerns about long-term profit goals and generating cash in the short term.
The U.S. retail industry’s 16 million workers are at risk of seeing their jobs replaced by automation as large chains, under pressure from Amazon, increasingly use technology to do rote tasks.
U.S. housing starts rebounded last month, signaling positive momentum for home builders trying to meet solid buyer demand.
Criticism of exotic Fed tools such as quantitative easing stands to gain in prominence because it is shared by some of the people who may one day run the Federal Reserve.
The tech titan has named Isabel Ge Mahe to a newly created executive role to oversee operations in a market where the iPhone maker faces increasingly fierce competition and regulatory challenges.
Dutch paint giant Akzo Nobel said its chief executive has resigned for health reasons, though the unexpected move won’t slow its plan to spin off its chemicals business to appease shareholders.
When European Central Bank chief Mario Draghi faces the media on Thursday after the bank’s latest policy meeting, he is expected to let stand his earlier hint at a possible reduction of the ECB’s giant bond-buying program.
After a string of delays, the English-language version of Samsung’s virtual assistant Bixby has launched in the U.S., presenting a new rival to Apple’s Siri.
The eurozone’s housing market cooled in the first three months of the year, as declines in German prices eased worries that a long period of very low interest rates risked fueling a bubble.
Chinese officials emphasized their ability to quell trade tensions with President Trump while some U.S. business groups expressed concern their government might end up going too easy on Beijing.
The U.S. company agreed to acquire Reckitt Benckiser’s food unit, whose brands also include Frank’s RedHot hot sauce, for $4.2 billion, the latest in a wave of deal activity in the global packaged-foods sector.
Americans have been late to the game in adopting private-label supermarket products. That’s changing, leaving huge room for traditional brands to suffer.
Discovery Communications is in talks to combine with Scripps Networks Interactive, people familiar with the situation said, a deal that would unite two media companies trying to chart a course in a cable TV industry being upended by digital consumption.
The apparent collapse of Republican efforts to replace the Affordable Care Act creates a new wave of uncertainty for the health-care industry, particularly for insurers offering plans to consumers on the law’s exchanges.
Hispanic consumers in the U.S. are shopping less, Target’s chief executive said, potentially deepening the country’s retail woes.
Daimler said it would tweak the engine software on more than three million diesel vehicles to improve emissions amid probes in the U.S. and Europe into allegations that the maker of Mercedes-Benz cars cheated on emissions.
International Business Machines said second-quarter profit fell 6.9% from a year earlier as revenue declined in the business units that include its cloud computing and Watson-artificial intelligence operations.
United Continental said profit and revenue rose in the second quarter, the latest airline to find success offering a wider range of fare categories and fees.
Vertex Pharmaceuticals said three of its newest cystic-fibrosis drugs in development showed promise in early clinical trials treating the progressive lung disorder.
Property tycoon Sun Hongbin built a reputation for bailing out indebted companies, but now the debt of his own empire is leading to worries.
Six Flags Entertainment said Chief Executive John Duffey is retiring after spending 17 months leading the theme-park operator. He will be replaced by Jim Reid-Anderson, who led the company until February 2016.
With banks more tentative, the machinery maker has raised financing to growers, keeping them as customers but feeding a menacing debt.
A new version of the product targets large corporate customers—not general consumers.
President Donald Trump’s pick to run the Treasury Department’s tax policy office said he wished he had acted differently when the accounting firm he helped lead was marketing aggressive tax shelters.
Chipotle Mexican Grill Inc. is facing another blemish to its food safety record more than a year after navigating a crisis that put a dent in the company’s revenues and profits.
AMC Entertainment Holdings Inc. said it never got financial help from Chinese parent company Dalian Wanda Group for the acquisitions of four cinema chains in the U.S. and Europe.
The United Auto Workers union is stepping up efforts to represent workers at a Japanese auto factory in Mississippi, its most visible organizing drive since President Donald Trump won the election and breathed new life in the Buy American movement.
Faith is coming up more often at work, forcing managers and employees to grapple with religious expression in the office. One firm’s solution: a 92-page guide.
More internships are paid these days, and pay is inching up, though it remains below 2010 levels when adjusted for inflation.
Harley-Davidson lowered its shipment expectations for the full year after reporting another quarter of disappointing sales.
Lockheed Martin raised its full-year guidance for sales and profit Tuesday, as the company’s latest quarterly results exceeded Wall Street expectations, boosted by sales in its aeronautics segment.
Sizmek, an advertising technology company owned by private-equity firm Vector Capital, has agreed to acquire public ad-tech company Rocket Fuel for $125.5 million.
UnitedHealth reported profit growth in the second quarter, as the company works to recoup revenue lost from efforts to exit from Affordable Care Act markets.
Retailers have been cutting prices in response to the rise of online rivals like Amazon, disrupting what had seemed like perfect conditions for Japan to get the stable dose of inflation it has long been looking for.
House Republicans are unveiling an ambitious fiscal plan on Tuesday that could let them pair a landmark tax bill with at least $203 billion in deficit-reduction measures, while partially repealing the Dodd-Frank financial regulations—all without any votes from Democrats.
U.K. consumer inflation slowed unexpectedly in June, offering a tentative sign that a lengthy squeeze on households since last year’s Brexit vote may be easing slightly.
More cities are allowing patrons to walk around with open containers to generate buzz in retail spots. The hope: that lively atmospheres will encourage patrons to linger and shop.
China’s internet censors have demonstrated a new strength—the ability to delete images in one-on-one chats as they are being transmitted, making them disappear before receivers see them.
China-based businesses have been sinking money into automotive operations abroad—from glass and tire suppliers to technology developers and car makers—reflecting Beijing’s goal of eventually dominating the world’s vehicle business. Many of the investments are in the U.S.
With psychological thrillers told from a female point of view a hot genre, male writers find an ambiguous pen name doesn’t hurt; trying on a bra.
Several countries in the Mideast and Africa have deployed weapons in conflicts after buying from Beijing—at lower cost.
Fiat Chrysler Automobiles is joining Sesame Workshop, the nonprofit that owns the long-running children’s television show, in a year-long sponsorship deal.
Sears Holdings and its CEO, Eddie Lampert, are being sued for allegedly encouraging participants in its 401(k) plan to buy company stock despite well-publicized struggles that have battered Sears shares since 2014.
The Trump administration on Monday unveiled its road map for overhauling the North American Free Trade Agreement, pressing to preserve “Buy America” provisions and stymie currency manipulation in its bid to remake the trade deal linking the U.S., Canada and Mexico.
As valuations rise to the highest levels in years, some investors are shifting funds into the market’s least-loved investments.
Trian Fund Management doesn’t wage proxy fights often, but when it does, it goes big. The activist investor launched a campaign to get co-founder Nelson Peltz elected to the board of Procter & Gamble. Worth $222 billion, P&G is the largest company to ever face such a campaign.
Netflix blew through its estimate for subscriber growth in the second quarter, adding 5.2 million users, as the streaming giant showed it is thriving in a hotly-competitive market for internet television.
U.S. importers are on pace to bring more goods through the country’s seaports this summer than last, building up inventories in a sign of growing hopes that the economy will pick up steam this fall.
Tesla, which has faced criticism from its investors about a lack of independent directors, named 21st Century Fox CEO James Murdoch and Ebony Media CEO Linda Johnson Rice to its board.
A lawsuit against Disney has roped the company into a legal dispute over rights to a visual-effects technology, potentially threatening its ability to profit from the top-grossing movie so far this year.
Google won’t need to turn over an entire set of employee compensation data to federal auditors, dealing a setback to the Department of Labor’s effort to prove the internet giant is underpaying women.
Mahindra & Mahindra Ltd. plans to double its bets in the U.S. over the next five years, spending $1 billion in an effort to strengthen the Indian company’s brand as President Donald Trump pressures companies foreign and domestic to steer investments toward America.
Freight-services startup Flexport Inc. is stepping off the cloud and into the real world. The San Francisco-based firm, which helps customers arrange freight shipments online, will open its first warehouse on Aug. 1 near the ports of Los Angeles and Long Beach.
Over the years when Procter & Gamble Co. wasn’t able to sell more Tide or Pampers, the company could at least point to one clear success: a sweeping, $10 billion cost-cutting plan executed ahead of schedule.