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US Business

Drugmakers' Free Services Trigger Anti-Kickback Probe
Fri, 21 Sep 2018 10:19:09 EDT - Federal prosecutors are probing whether big drugmakers including Sanofi, Gilead Sciences and Biogen potentially violated laws by providing free services to doctors and patients.
Game Theory Part of the Art of the Sky Deal
Fri, 21 Sep 2018 09:13:07 EDT - The same type of blind auction used to pick players in fantasy football leagues could decide the fate of Sky, a media company that employs 30,000 people and has a stock-market value of $36 billion.
Google Workers Discussed Tweaking Search Function to Counter Travel Ban
Fri, 21 Sep 2018 10:18:08 EDT - Days after the Trump administration instituted a controversial travel ban in January 2017, Google employees discussed how they could tweak the company’s search-related functions to show users how to contribute to pro-immigration organizations and contact lawmakers and government agencies, according to internal company emails.
Apple Launches New iPhones (Again). Here's a Guide.
Fri, 21 Sep 2018 11:26:34 EDT - Two of the newest iPhones hit stores Friday, with scenes of customers around the world lining up outside Apple stores. Customer turnout will go a long way toward determining Apple’s results over the next year.
Circle of Life: Elton John Stays With Music Label
Fri, 21 Sep 2018 10:18:16 EDT - Elton John re-signed a deal to stay with the world’s largest music company, Universal Music Group, in a sign there is still a place for music labels in the streaming age.
Trade Tensions Spell Trouble for Eurozone Economy
Fri, 21 Sep 2018 07:13:13 EDT - The eurozone’s economy continued its slow-motion slowdown in September, as exports suffered from a drop off in global demand and uncertainty about future trade relations between the U.S. and other countries.
U.S. Existing-Home Sales Stalled in August
Thu, 20 Sep 2018 14:52:11 EDT - U.S. home sales stalled in August, highlighting a growing disconnect between the sluggish housing market and the strong economy that is powering stocks to new highs.
Turkey's Economic Woes Raise Tensions in Egypt
Fri, 21 Sep 2018 09:33:25 EDT - Turkey’s economic crisis has heightened concerns in Egypt about whether the Arab world’s largest country is positioned to withstand falling confidence in emerging markets world-wide.
U.S. Jobless Claims Fall to 49-Year Low
Thu, 20 Sep 2018 10:45:44 EDT - The number of Americans filing applications for new unemployment benefits fell to a new 49-year low last week, though any effect from Hurricane Florence may not be realized for several weeks.
U.S. Household Net Worth Neared $107 Trillion in Second Quarter
Thu, 20 Sep 2018 17:20:31 EDT - The total net worth of U.S. households rose to nearly $107 trillion during the second quarter of 2018, as climbing home values and stock prices boosted Americans’ wealth.
Amazon Is a Giant. But Bigness Isn't a Crime.
Fri, 21 Sep 2018 09:56:08 EDT - The company’s scale worries critics, but antitrust law punishes conduct, not size.
Catfish Gets Tangled in a Small-Fry Trade War
Fri, 21 Sep 2018 11:24:05 EDT - In the standoff between American catfish and a Vietnamese cousin, a new food inspection program has tangled everyone in red tape, showing how measures intended to help U.S. businesses can backfire.
China's Giant Market for Really Tiny Cars
Fri, 21 Sep 2018 10:25:36 EDT - The taste for tiny electric vehicles has become a quirky subplot in China’s clean-energy ambitions, with sales more than twice that of regular electric cars.
Trump to Nominate Former Fed Economist Nellie Liang for Board Seat
Wed, 19 Sep 2018 21:20:10 EDT - President Trump will nominate Nellie Liang, a former Federal Reserve economist who created its first office of financial stability, to the central bank’s board of governors.
Bringing iPhone Assembly to U.S. Would Be a Hollow Victory for Trump
Wed, 19 Sep 2018 23:18:55 EDT - If Apple moved smartphone production to the U.S. to avoid the president’s tariffs, it could do more harm than good, Greg Ip writes.
Delta Seeks Jet-Fuel Refinery Partner
Fri, 21 Sep 2018 10:38:31 EDT - Delta Air Lines is looking for a partner to share the burden of its six-year experiment in running a jet-fuel refinery.
Intel's Shortages Chip Away at Micron
Fri, 21 Sep 2018 10:15:06 EDT - A shortage of high-end computer chips from Intel is being felt in other segments of the tech sector. The question is how far it might spread.
Art World's Biggest Star Sells Paintings for $3 Million. Can She Hold On?
Fri, 21 Sep 2018 11:15:44 EDT - Seven years ago, Njideka Akunyili Crosby’s paintings were selling for $3,000. Now they go for millions. Her next challenge is to avoid the quick rise and fall other young artists have suffered in a contemporary art market that churns through its favorites.
Former MiMedx Executives to Lose Compensation
Fri, 21 Sep 2018 09:41:13 EDT - MiMedx has determined that four former executives engaged in conduct detrimental to the business and should forfeit compensation in connection with their exits, now seen as “for cause” terminations.


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