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US Business

Buffett's Berkshire Hathaway Reports Rise in Net Earnings
Sat, 25 Feb 2017 13:07:28 EST - Warren Buffett’s Berkshire Hathaway Inc. said fourth-quarter net earnings rose nearly 15%, boosted in part by the stock market’s end-of-year gains.
Wireless Players Tout 5G as They Await Next Smartphone Wave
Sat, 25 Feb 2017 09:33:56 EST - While wireless carriers battle each other by pushing unlimited data plans riding on their 4G networks, an industry gathering in Barcelona will be looking to the future.
Hollywood Is Left Hanging as China Reins In Investments
Sat, 25 Feb 2017 15:44:44 EST - China has been snapping up Hollywood companies in recent years, but as the government increases scrutiny of overseas investment, some pending deals face the threat of an unwelcome twist ending.
Hasbro to Make Play-Doh American Again
Sat, 25 Feb 2017 15:04:20 EST - Play-Doh will soon be squeezed out of a factory in the U.S. again, as Hasbro brings manufacturing of the popular moldable clay back to America, where it hasn’t been made since 2004.
Trump to Meet With Health-Insurance Executives
Sat, 25 Feb 2017 08:56:33 EST - President Donald Trump is planning to meet with health-insurance executives on Monday as the administration looks to encourage insurers to sign onto Republicans’ health-care overhaul efforts.
Fed Isn't Ready to Cut Balance Sheet
Thu, 23 Feb 2017 23:32:39 EST - Fed Chairwoman Janet Yellen and other top central bank officials are in no hurry to reduce their $4.5 trillion portfolio of securities and other assets, effectively pushing back on several regional Fed bank presidents who have suggested starting the process this year.
Modifying Fed Stock Rules Could Diminish Reserve Banks' Autonomy
Fri, 24 Feb 2017 16:55:38 EST - The Government Accountability Office warned further changes to the Fed’s stock ownership requirement could have “wide-ranging policy implications” for the Fed’s structure, and could diminish the autonomy and independence of the 12 regional Fed banks.
U.S. New-Home Sales Rose 3.7% in January
Fri, 24 Feb 2017 12:14:17 EST - New home sales rebounded in January after a steep decline in December, an indication that the new-construction market remains on the path to recovery despite bumps along the way.
U.S. Consumer Sentiment Falls But Remains Near Decadelong High
Fri, 24 Feb 2017 10:53:51 EST - A gauge of consumer sentiment fell slightly in February, but remained near a decadelong high, as self-identified Republicans and Independents remain confident in the economy after the election of Donald Trump.
World Trade Flows Grew at Slowest Pace Since Financial Crisis
Sat, 25 Feb 2017 03:38:12 EST - International trade flows grew at the slowest pace since the financial crisis in 2016, but there were signs of a modest pickup as the year drew to a close.
Apple, Samsung Need to Dazzle in a Slow Market
Fri, 24 Feb 2017 18:45:36 EST - For the two largest players in the smartphone business, Apple and Samsung, the goal this year is to restore some luster to their brands. Both saw smartphone sales fall for the first time in 2016.
How Nasty Gal Went From $85 Million in Sales to Kaput
Sat, 25 Feb 2017 07:22:56 EST - The spiral into bankruptcy of Sophia Amoruso’s Nasty Gal, an online retailer once popular with millennial shoppers and venture capitalists, shows how its swift growth led to stumbles.
Michael Levine Helped End Regulation of Airfares in U.S.
Sat, 25 Feb 2017 08:26:38 EST - Michael Levine was a top official at the Civil Aeronautics Board in the late 1970s and helped phase out that regulatory body as airfares were deregulated. He died Feb. 3 at the age of 75.
Trump's Hard Line on Immigration Collides With U.S. Demographics
Thu, 23 Feb 2017 10:02:32 EST - President Trump hopes to deliver growth above 3% in the coming decade, which would be hard in the best of times. He and Republicans seem intent on making it harder by putting the brakes on immigration, Greg Ip writes.
Software Bug at Web-Service Provider Causes Data Leaks
Fri, 24 Feb 2017 20:38:20 EST - A software bug at a widely used internet-service provider leaked sensitive data for months, potentially creating security headaches for thousands of its corporate customers.
Former SunEdison Executives File Whistleblower Lawsuits
Fri, 24 Feb 2017 16:11:01 EST - Two former executives at SunEdison, the solar-power company that filed for bankruptcy protection last year, filed whistleblower lawsuits claiming they were fired after sounding the alarm about the company’s precarious finances.
GM, Tech Industry at Loggerheads Over Self-Driving Cars
Fri, 24 Feb 2017 10:19:52 EST - General Motors is backing legislation in numerous states that tech companies say is designed to put them at a disadvantage in the nascent market for autonomous vehicles. GM denies the claim.
Volkswagen Sets New Pay Structure for Executives
Fri, 24 Feb 2017 15:25:15 EST - Volkswagen unveiled a new pay structure for top management to quell investor ire over the big bonuses paid to leading executives in the wake of its emissions-cheating scandal.
Japanese Workers Unleash Their Inner Slacker---for a Day
Sat, 25 Feb 2017 02:54:05 EST - Premium Friday’s goal is to improve productivity, reduce employee overwork and increase consumption. But will Japanese people take the bait?


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