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US Business
Updated: 1 min 18 sec ago

Orbitz Discloses Possible Data Breach Affecting 880,000 Payment Cards

1 hour 1 min ago
Expedia Inc.’s Orbitz subsidiary disclosed Tuesday it has discovered a possible data breach affecting thousands of customers on one of its older sites and an unnamed partner platform.

General Dynamics Boosts Offer for CSRA

1 hour 42 min ago
General Dynamics boosted its offer for CSRA in an effort to fend off the unsolicited bid for the federal information technology provider from rival CACI International.

Security Worries About Huawei Spread Beyond U.S.

1 hour 54 min ago
National-security concerns surrounding China’s Huawei Technologies—the world’s biggest supplier of wireless equipment and No. 3 vendor of smartphones—are spreading beyond the U.S. to key allies.

United Suspends Cargo Program for Pets

2 hours 32 min ago
Under fire for its handling of pets, United Continental Holdings will stop taking reservations for its live-animal shipping program at least until May 1 as it reviews the program.

Glencore Doubles Down on Coal With $1.7 Billion Australian Investment

2 hours 48 min ago
Glencore added to its growing portfolio of coal assets with a $1.7 billion investment in a pair of Australian producers—part of a bet by the mining giant that demand for coal in Southeast Asia will remain strong, even as competitors shy away from the stuff.

Will New Tax Incentives for Poor Communities Work? Some Are Skeptical

2 hours 50 min ago
Governors across the country are racing to make complicated decisions about which struggling areas in their states will qualify for a new federal tax benefit designed to spur investment in low-income communities.

Three Former Newell Directors to Drop Their Proxy Fight

3 hours 8 min ago
Three former Newell Brands directors will part ways with the activist investors they aligned with in a proxy fight, opting out after the company struck a deal with Carl Icahn.

Why Crate and Barrel's CEO Isn't Worried About Amazon

3 hours 49 min ago
Three years ago, Crate and Barrel had little social-media presence and relied primarily on still photography to showcase its furniture. Now the retailer has more than one million Instagram followers and produces more digital content than photographs, publishing YouTube videos weekly.

Policy Feuds Keep Spending Bill in Flux

5 hours 47 min ago
Lawmakers hustled Monday to resolve policy disputes holding up an agreement on a sweeping spending bill needed to keep the government funded beyond Friday, but negotiations stretched into early Tuesday morning.

EU Aims to Persuade Trump the U.S. Already Has a Good Trade Deal

6 hours 3 min ago
The European Union’s top trade official arrives in Washington on Tuesday with a daunting task: convince the Trump administration that, contrary to White House claims, the bloc’s economic relationship with the U.S. is fair.

New York State Fund Snubs All-Male Boards

6 hours 17 min ago
A major state pension fund said it would oppose the re-election of all directors at corporate boards without a single woman, a decision that would apply to hundreds of U.S. companies.

Ship Owners' Quandary: Buy Cleaner Fuel or a Fuel Cleaner?

6 hours 19 min ago
The owners of 60,000 cargo ships are bracing for tighter emissions rules that are forcing them to make a multibillion-dollar choice: Start buying cleaner-burning fuel or invest in a device that treats the ship’s exhaust before letting it out.

Embattled Chinese Oil Giant Halts Plans for European Expansion

11 hours 49 min ago
The troubled Shanghai-based oil company says it has dropped plans for a major expansion through Central Europe, following a statement from the Czech government that the company’s chairman has been sidelined amid an investigation in China.

Weinstein Co. to File for Bankruptcy as Part of Deal With Lantern Capital

13 hours 13 min ago
Dallas-based investment firm Lantern Capital has struck a deal to purchase the assets of Harvey Weinstein’s film and TV studio in a transaction that requires the troubled entertainment company to file for bankruptcy.

Facebook Is Pummeled by User-Data Blowback

15 hours 13 min ago
Facebook confronted an intensifying crisis as political leaders in the U.S. and Europe called for aggressive inquiries into whether the technology giant failed to stop improper access and handling of user data, scrutiny that sent the company’s stock to its biggest decline in four years.

SandRidge Energy Rejects Bid, Hires Advisers to Review Options

15 hours 53 min ago
SandRidge Energy Inc. has rejected Midstates Petroleum Co.’s unsolicited stock-for-stock offer, saying the numbers didn’t make a deal feasible, but it has hired advisers and said it is open to other options—that may include Midstates.

Oracle's Cloud Sales Climb, but Forecast Disappoints

Mon, 03/19/2018 - 23:42
Oracle Corp.’s shares sank 6.5% in late trading Monday after the company disappointed Wall Street with its guidance for cloud-computing revenue in the current quarter—the third-consecutive period it has done so.

Aramco Scales Back IPO Plan, Eyes Saudi-Only Listing

Mon, 03/19/2018 - 23:00
Saudi Arabia is scaling back its ambitions for a public offering for oil giant Aramco, moving ahead with a listing next year solely on the Saudi stock exchange while taking more time to decide if an international venue is worth it, government officials and others close to the process say.

Facebook, Other Tech Firms Scrutinized Over User Data

Mon, 03/19/2018 - 22:11
U.S. lawmakers are pushing for an aggressive inquiry into allegations that a firm tied to President Trump’s presidential campaign gathered data from millions of Facebook profiles without authorization.

Boeing Ends Objection to United Technologies-Rockwell Merger

Mon, 03/19/2018 - 20:12
Boeing dropped its opposition to plans for its largest suppliers to merge, reflecting pressure on the aerospace industry to deliver its record backlog of jetliners.

Ford Leads $65 Million Investment in Desktop Metal

Mon, 03/19/2018 - 18:49
The startup makes 3-D printers that use metal. Ford joins numerous other strategic investors behind the company. Desktop Metal started shipping its first product in December, later than it originally anticipated.

Uber Suspends Driverless-Car Program After Pedestrian Is Killed

Mon, 03/19/2018 - 18:38
A self-driving car from Uber Technologies struck a woman who died in Tempe, Ariz., in what is believed to be the first known fatality of a pedestrian from a driverless vehicle.

Hewlett-Packard Spinoff Falters, as Shares Drop 55% in London

Mon, 03/19/2018 - 17:28
Micro Focus’s $8.8 billion merger with Hewlett Packard’s software business represented a rarity 18 months ago: a British tech company taking over a foreign one, rather than the other way around. It hasn’t worked out as planned.

VW Plans $340 Million Expansion at Tennessee Plant

Mon, 03/19/2018 - 17:25
Volkswagen will spend $340 million to manufacture a new sport-utility vehicle at a Tennessee assembly plant, according to a person familiar with the plan.

U.S. Investigates Failing Air Bags in Hyundai, Kia Cars

Mon, 03/19/2018 - 16:41
U.S. safety regulators are investigating Hyundai Motor and Kia Motors cars with air bags that failed to deploy, a problem linked to four deaths and six injuries.

Tronc's Michael Ferro Retires After Los Angeles Times Sale

Mon, 03/19/2018 - 16:30
Chicago entrepreneur Michael Ferro is retiring as Tronc’s chairman after orchestrating the sale of one of its flagship papers last month.

Chinese Shipyards See Surge in Orders, Margins Remain Thin

Mon, 03/19/2018 - 15:56
Growing demand across bulk, energy and container shipping sectors has carriers expanding, upgrading cargo fleets.

Rivals Chip Away at Google's and Facebook's Digital Ad Dominance

Mon, 03/19/2018 - 15:33
Google and Facebook have dominated the U.S. digital advertising market for years, but new data show signs that platforms like Amazon and Snapchat are chipping away at the digital duopoly’s market share.

European Officials Pledge to Probe Facebook's Handling of User Data

Mon, 03/19/2018 - 15:30
EU officials will probe Facebook’s handling of user data, after the company said it is investigating whether a firm linked to the Trump campaign improperly kept personal data for years.

U.K. Mall Operator Rejects $6.8 Billion Bid From French Rival

Mon, 03/19/2018 - 15:17
France’s Klépierre, a holding of U.S. mall king David Simon, has made an unsolicited $6.8 billion bid for U.K. property firm Hammerson, the latest sign of consolidation in a sector under threat from Amazon.com.

Claire's Files for Chapter 11 Bankruptcy

Mon, 03/19/2018 - 15:05
Claire’s Stores has filed for chapter 11 bankruptcy and said it plans to reduce its debt by about $1.9 billion.

Newell Strikes Deal With Icahn to Fend Off Other Activists

Mon, 03/19/2018 - 14:54
Newell Brands agreed to nominate four independent board directors chosen by Carl Icahn and consider selling more of its businesses as part of a truce with the activist investor, the consumer-goods company said.

Women Strive to Narrow a Confidence Gap

Mon, 03/19/2018 - 14:26
Career experts and researchers focus on new strategies for women to shore up belief in themselves with confidence logs, brag books

China's New PBOC Chief Promises Quick Change

Mon, 03/19/2018 - 14:05
China’s new central-bank chief, Yi Gang, promised to implement changes quickly, saying “there will be a series of reform and opening-up measures” during the next three weeks.

Qualcomm CEO Faces Fights on Many Fronts

Mon, 03/19/2018 - 14:05
For Qualcomm CEO Steve Mollenkopf, having fended off an unwanted takeover from Broadcom just leaves more headaches, from customer disputes to unhappy shareholders to a new long-shot takeover bid from his former boss.

Steve Wynn Attorney Says He Went to FBI When Woman With Settlement Threatened to Go Public: Records

Mon, 03/19/2018 - 11:00
A lawyer for Steve Wynn said he recently reported a woman to the FBI after she threatened to go public about the casino mogul’s alleged sexual misconduct against her, which had prompted a 2006 settlement, court records indicate.

Inside Nike, Women Staffers Circulated Survey About Workplace Behavior

Mon, 03/19/2018 - 10:54
The women were concerned about allegations circulating internally of inappropriate workplace behavior by some men and drew up the survey to gather information about these issues, people familiar with the matter said.

Grubhub Expands Pact With Yelp, Aiming for Cheaper Deliveries

Mon, 03/19/2018 - 10:32
Grubhub and its rivals say they need to get bigger to cut delivery fees that are sometimes higher than the price of a burger and fries.

Alibaba Bets Another $2 Billion on Southeast Asia

Mon, 03/19/2018 - 10:13
Alibaba Executive Chairman Jack Ma is doubling down on Southeast Asia, investing another $2 billion in e-commerce subsidiary Lazada Group and naming trusted confidante Lucy Peng as its chief executive.

Harvard's Nutty Idea: Cracking Into the Almond Market

Mon, 03/19/2018 - 06:09
Almonds are shaping up to be a more lucrative endeavor for pension funds, endowments and other institutions with very long-term investment horizons.

Why More States Are Tussling With Their Teachers

Mon, 03/19/2018 - 04:51
Teachers from Kentucky, West Virginia, Oklahoma and Arizona have staged strikes and demonstrations, and they have threatened walkouts over new proposals to install limits on pensions, wage increases and benefits.

Congress Braces for Battle Over Massive Spending Bill

Mon, 03/19/2018 - 02:35
Congress will enter its last major fiscal battle before November’s midterm elections this week, as lawmakers prepare to debate a mammoth spending bill that offers them the last chance to settle dozens of long-running policy fights.

U.S. Tariffs to Be in Spotlight at G-20 Summit

Mon, 03/19/2018 - 01:29
Global finance ministers meeting this week in Buenos Aires were planning to focus on topics like the workforce in an age of automation and how to boost infrastructure investment. Instead, their attention has turned to U.S. tariffs on steel and aluminum.

CACI Makes Bid for CSRA, Seeking to Break Up General Dynamics Deal

Mon, 03/19/2018 - 00:52
CACI International Inc. has made a roughly $7.2 billion bid to buy CSRA Inc. in an attempt to break up the information-technology provider’s sale to General Dynamics Corp.

Trade Associations to Petition Trump Administration to Halt China-Tariff Plans

Mon, 03/19/2018 - 00:42
Forty-five groups representing a wide swath of the U.S. economy are asking the president to work with other nations to press Beijing to end restrictions on foreign firms instead of imposing tariffs on China.

Snap Contends With User Outcry: New Isn't Necessarily Better

Mon, 03/19/2018 - 00:21
Snap’s battle with a vocal user backlash over a new version of its app is teaching the company that the social-media tradition of getting people to spout off publicly as much as possible can have a downside.

Facebook Ignites Debate Over Third-Party Access to User Data

Mon, 03/19/2018 - 00:12
Facebook ignited a firestorm over how it manages third-party access to its users’ information, after it said a firm with ties to the 2016 Trump campaign improperly kept data for years despite saying it had destroyed those records.

The Next Housing Crisis: A Historic Shortage of New Homes

Sun, 03/18/2018 - 22:43
A decade after the construction boom, fewer new houses are being built in America than at almost any time before. “It’s a good time to be here in Grand Rapids, if you can get a house.”

Yi Gang Picked to Take Helm of People's Bank of China

Sun, 03/18/2018 - 22:33
Chinese President Xi Jinping has picked an American-trained economist who has long pushed for pro-market overhauls to take the helm of the central bank.

Meredith to Cut Up to 300 Jobs

Sun, 03/18/2018 - 21:03
Meredith Corp., the country’s largest magazine publisher, is expected to lay off 200 to 300 staffers as soon as this week after recently completing the acquisition of Time Inc.

Global Economy Week Ahead: Fed, BOE and Brazil Central Bank Meetings

Sun, 03/18/2018 - 20:00
The week ahead features policy decisions from the Federal Reserve, Bank of England and Brazil’s central bank, while an early reading on March private-sector output in the eurozone is due.

Fed's Thinking on Rate Increases May Come Into Focus

Sun, 03/18/2018 - 17:02
The Federal Reserve in December expected a gradual path of rate rises would allow the economy to keep expanding without overheating; since then, the burst of fiscal stimulus, together with steady growth and very low unemployment could lead the central bank to be more aggressive.

The Battery Boost We've Been Waiting for Is Getting Close

Sun, 03/18/2018 - 15:20
Lithium-ion batteries get a little bit better every year, but capacity is about to get a much-needed major lift, thanks to nanotechnology and a shift in materials.

Natural Gas Under Assault Again After Brief Reign at the Top

Sun, 03/18/2018 - 14:49
State mandates and renewable advocates argue new gas plants aren’t needed or should be replaced by renewable-energy plants.

Now China's Internet Giants Are Shaking Up the Car Industry

Sun, 03/18/2018 - 13:00
Tech firms Baidu Inc., Alibaba Group Holding Ltd. and Tencent Holdings Ltd.—aka the BATs—have conquered e-commerce and mobile payments on smartphones and now are moving onto their next platform, cars.

Burner Phones, Bug Sweeps: How Companies Cope with IP Theft in China

Sun, 03/18/2018 - 05:00
The Trump administration’s move to impose at least $30 billion in new trade tariffs on China comes amid continuing complaints by U.S. businesses that their trade secrets aren’t safe in China.

Freed Saudi Media Mogul Touts New Business Ties With Government

Sat, 03/17/2018 - 18:01
The founder of the Arab world’s largest media company who was rounded up the Saudi corruption crackdown has emerged to tout a potential joint venture with the government.

Qualcomm: In the Market for Fresh Perspective

Sat, 03/17/2018 - 14:58
Can Qualcomm break from its past without endangering its future? That should be the key question on the minds of the chipmaker’s board of directors in the wake of its close call with Broadcom.

Can Retailers Keep Pace With Shoppers?

Sat, 03/17/2018 - 13:36
After strong holiday season, retail executives gather at the Shoptalk conference in search of new strategies.

California's Salmon Industry Set to Take Another Hit

Sat, 03/17/2018 - 12:26
Fisheries managers will impose the toughest restrictions on California’s salmon harvest in nearly a decade, hobbling the billion-dollar industry that depends on it.

Senate Likely to Pass Bill Limiting Websites' Immunity in Sex-Trafficking Cases

Sat, 03/17/2018 - 12:00
U.S. lawmakers are pushing ahead with changes to the internet immunity law, despite efforts by some tech companies and their allies to soften or slow down the effort.

Why 'Fortnite' Gamers on Xbox Can't Join 'Fortnite' Gamers on PlayStation

Sat, 03/17/2018 - 12:00
Why do major videogame console makers like Micosoft Corp. and Sony Corp. support ‘cross-play’ with PCs and smartphones—but not with each other?

Facebook Suspends Cambridge Analytica for Failing to Delete User Data

Sat, 03/17/2018 - 05:14
The social-media giant said it been given information that Cambridge Analytica, along with two individuals who don’t work there, improperly kept Facebook user data for years despite telling the company that it had destroyed those records.

U.S. Outlines Rules for Metal Users Seeking Tariff Exclusions

Sat, 03/17/2018 - 04:36
U.S. companies looking to bypass President Trump’s import tariffs on steel and aluminum will have a limited chance to win exclusions for their products under a newly released set of guidelines.

What's That Thing You're Sending an Email With? Um, It's a BlackBerry

Sat, 03/17/2018 - 01:45
The once-popular device, long since upstaged by touch-screen rivals, still has its devoted fans; ‘built like a tank.’

Fusion Media Group Faces Potentially Steep Cost Cuts in Univision Review

Sat, 03/17/2018 - 00:31
Parent company Univision has hired a consulting firm to review the entire business and recommend budget reductions, which may include significant cuts to Fusion Media Group.

Drinkers Go Crazy for Gin, Investors for Tonic

Fri, 03/16/2018 - 22:44
It’s party time in the gin industry—but buying a gin producer may not be the best way for investors to join the fun.

EA Drops Plan to Sell 'Loot Boxes' in 'Star Wars Battlefront II'

Fri, 03/16/2018 - 21:09
Videogame-maker Electronic Arts Inc. nixed its plan to sell randomized packs of virtual goods—known as “crates” or “loot boxes”—in the latest edition of its “Star Wars Battlefront” series.

Saudi Sovereign-Wealth Fund Moves to Buy Stake in Talent Agency

Fri, 03/16/2018 - 20:49
Saudi Arabia’s sovereign-wealth fund is moving to buy a stake in Endeavor, the world’s largest talent agency, Saudi officials said, as the kingdom builds an entertainment industry with a once-unthinkable partner: Hollywood.

United Technologies' Planned Breakup: An Idea of What It'll Cost

Fri, 03/16/2018 - 20:46
United Technologies CEO Greg Hayes gave analysts on Friday details about the cost of splitting the company ahead of a planned review on the idea.

Caterpillar to Close Texas Plant, Review Illinois Factory

Fri, 03/16/2018 - 20:34
Caterpillar will close a parts factory in Texas and may close an engine plant near Chicago as it continues to pare back its manufacturing footprint.

Second Nike Exec Leaves in Wake of Workplace Complaints

Fri, 03/16/2018 - 20:20
A second veteran executive is leaving Nike Inc. in the wake of internal complaints about inappropriate workplace behavior at the sneaker and sportswear giant, according to people familiar with the matter.

Qualcomm Scion May Exit Board, Chasing Long-Shot Bid for Chip Giant

Fri, 03/16/2018 - 17:42
Qualcomm director Paul Jacobs may step down after he was stripped of the title of executive chairman last week and embarked on a long-shot bid for the company, according to people familiar with the matter—the latest plot twist to roil the chip-making giant.

Tiffany Is on the Right Track

Fri, 03/16/2018 - 17:34
Investors are overreacting to a January slowdown despite Tiffany’s success with new products.

Fiat Chrysler's Attempt to Dismiss Emissions-Cheating Case Fails

Fri, 03/16/2018 - 16:22
Fiat Chrysler lost a bid to dismiss a lawsuit accusing it of rigging diesel-powered vehicles to dupe emissions tests, keeping the Italian-U.S. auto maker in the legal crosshairs over alleged environmental violations that have drawn comparisons to longstanding fraud at Volkswagen AG.

U.S. Consumer Confidence Hits Fresh 14-Year High

Fri, 03/16/2018 - 15:13
U.S. consumers’ confidence hit a fresh 14-year high this month, with the gain attributable to lower earning households feeling more optimistic about the economy.

U.S. Industrial Production Rose 1.1% in February

Fri, 03/16/2018 - 14:20
Industrial output jumped in February as American factories ramped up production, signaling healthy momentum in a key sector of the U.S. economy.

OECD Highlights Global Divides on How to Tax Digital Companies

Fri, 03/16/2018 - 14:02
The U.S., Europe and other countries are split on how to tax digital businesses, threatening a rush to impose unilateral charges at a time of rising tensions between the major economies.

Eni Lifts Dividend After Years of Cuts

Fri, 03/16/2018 - 13:53
Italy’s state-back oil giant Eni is raising its dividend, in a fresh sign that the international energy industry is bouncing back from a three-year downturn.

U.S. Housing Starts Fell in February

Fri, 03/16/2018 - 13:32
U.S. housing starts decreased last month, dragged down by weakness in multifamily construction.

LinkedIn's $27 Billion Challenge: Get People to Use It More

Fri, 03/16/2018 - 13:12
LinkedIn, which Microsoft Corp. bought for $27 billion in 2016, is rolling out features meant to get users visiting more, as the professional social network prepares to infuse user data into Microsoft’s other productivity tools.

Wynn Bondholders Poised to Benefit From Turmoil

Fri, 03/16/2018 - 13:00
Wynn Resorts acquiesced to bondholder demands, raising an offer to pay investors holding notes due in 2023 because it needs their consent to amend an unusual covenant in the bond that could hurt the company if founder Steve Wynn and his ex-wife, Elaine Wynn, reduce their ownership stakes.

Inside Telemundo's Battle with Univision for American Hispanics

Fri, 03/16/2018 - 12:53
Five years ago, Telemundo had less than half the audience of rival Univision.

Foreign-Student Enrollments at Risk as Trump Targets China

Fri, 03/16/2018 - 12:51
The U.S. runs a global trade surplus in the education sector, in no small part due to China. But the White House is considering limiting visas to Chinese students as part of a package of measures to punish Beijing’s trade practices.

In China, a New Breed of Pet Owner Widens Market for Choice Chow

Fri, 03/16/2018 - 12:47
U.S. private-equity giant Kohlberg Kravis Roberts & Co. is among the investors betting on packaged pet food and treats in China, where consumers with rising spending power are spoiling their dogs and cats.

NFL Marketing Chief Dawn Hudson to Step Down

Fri, 03/16/2018 - 12:00
The NFL’s marketing chief, Dawn Hudson, said she plans to step down next month after over three years of creating memorable ads and helping the league navigate crises such as domestic abuse

Hong Kong Billionaire Li Ka-shing to Retire as Chairman of His Empire in May

Fri, 03/16/2018 - 11:57
Li Ka-shing, who turns 90 in July, said his elder son and deputy chairman, Victor Li, would be his successor at his flagship conglomerate CK Hutchison Holdings.

The Court Case Making Gun Makers Anxious

Fri, 03/16/2018 - 11:41
A lawsuit in Connecticut against a leading maker of AR-15 rifles is awaiting a pivotal court ruling over whether the gun industry can be held legally responsible for mass shootings.

Watt's That? Siemens Pins Hopes on Small Gas Turbines

Fri, 03/16/2018 - 11:34
Depressed demand for large gas turbines has hurt revenue at Siemens, but the German engineering conglomerate hopes to offset part of the industry slump by building smaller power plants.

Navarro's Nucor Ties Highlight Trump Advisers' Steel Industry Connections

Fri, 03/16/2018 - 10:44
The White House economic adviser’s connection to the company highlights the Trump administration’s close ties to the steel industry that tariffs now stand to benefit.

Alibaba's Homecoming May Not Prove a Home Run

Fri, 03/16/2018 - 09:26
Alibaba’s investors may feel excited about its plan to list on a mainland Chinese stock exchange. In reality, there may not be much to celebrate.

Former Siemens Executive Pleads Guilty in Argentina Bribery Case

Fri, 03/16/2018 - 08:55
A former Siemens executive pleaded guilty in Manhattan federal court to his role in a conspiracy to pay $100 million in bribes to Argentine government officials in exchange for a $1 billion contract to produce national ID cards.

Valuation Tops $5 Billion for Robinhood, Maker of App That Offers Free Stock Trades

Fri, 03/16/2018 - 05:58
Robinhood Markets is set to be valued at about $5.6 billion in a new funding round, according to people familiar with the matter, a fourfold increase in just one year that reflects the stock-trading app’s soaring popularity.

DHL Steps Back Into U.S. Package Delivery in Challenge to UPS, FedEx

Fri, 03/16/2018 - 05:50
Express service aimed at e-commerce shipments will start in major cities and will offer new competition for growing online commerce delivery to homes.

Surplus or Deficit? Trump Quarrels With Canada Over Trade Numbers

Fri, 03/16/2018 - 05:26
The Trump administration is fighting a war of numbers with Canada, further escalating economic tensions with one of the biggest U.S. trading partners.

Spotify Sets April 3 as First Trading Day

Fri, 03/16/2018 - 05:09
Spotify Technology executives outlined their vision for the music-streaming company and dug into its financials, opening to the public a presentation that typically remains behind closed doors, as the company hurtles toward an April initial public offering.

How the DOJ's Face-Off With AT&T Could Alter American Business

Fri, 03/16/2018 - 03:31
Next week, a federal judge will begin trying an antitrust case that has broad ramifications for media, technology and other industries, and could affect the government’s powers to deter large-scale corporate consolidation.

Some Pipeline Companies See Key Tax Benefit Eliminated

Fri, 03/16/2018 - 01:00
Federal regulators eliminated a key tax benefit for some pipeline companies, a move that could force some pipelines to lower their rates and make it even more difficult for the struggling sector to raise money for new projects.

Nike Investigates Workplace Complaints, Says No. 2 Executive Resigns

Fri, 03/16/2018 - 00:58
Nike Inc. said that it had received complaints about workplace behavior and that its No. 2 executive has resigned, setting off a management shuffle at the sportswear giant.

Let Me Hear You Stream: Indies Rock Overseas Music Markets

Thu, 03/15/2018 - 23:59
Independent record labels are experiencing a surge in international revenue as streaming services such as Spotify open up foreign markets previously accessible only to local music companies and major labels with global marketing and distribution capabilities.