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US Business

U.S., China Agree on Outline to Settle ZTE Controversy
Tue, 22 May 2018 07:06:49 EDT - The U.S. and China have agreed on the broad outline of a deal that would save imperiled Chinese telecom giant ZTE, as the two sides move closer to resolving their trade dispute.
Zuckerberg Enters the Lion's Den: Privacy-Focused Europe
Tue, 22 May 2018 06:43:30 EDT - Top European lawmakers are set to interrogate Facebook CEO Mark Zuckerberg over the company’s handling of alleged user-data misuse and election interference on the platform.
Starbucks Clarifies Policy on Allowing Nonpaying Guests
Tue, 22 May 2018 03:35:25 EDT - Starbucks tried to dig itself out of controversy by attempting to clarify a policy toward nonpaying guests that generated an onslaught of complaints that cafes would turn into homeless shelters and drug havens.
Banned From Amazon: The Shoppers Who Make Too Many Returns
Tue, 22 May 2018 06:55:02 EDT - Amazon cultivated an image as a customer-friendly company in part by making it easy for shoppers to send back items they don’t want. Then it started banning customers who return too many items.
Uber's New Rules on Arbitration for Sex-Related Claims Face First Test
Mon, 21 May 2018 23:46:16 EDT - A former Uber Technologies software engineer is suing the ride-hailing firm alleging years of sexual harassment, race discrimination and pay inequity, marking the first test of the company’s new policy for sex-related claims.
Egypt Clamped Down on Political Opposition---Next Up Is the Economy
Tue, 22 May 2018 03:38:46 EDT - In the wake of the Arab Spring, the military has amassed a growing business empire, squeezing out private-sector competitors. Now, amid soaring inflation and high youth unemployment, popular resentment is mounting.
Mnuchin: U.S., China Have Suspended Tariffs
Mon, 21 May 2018 23:45:29 EDT - The U.S. suspended its threat to put tariffs on $150 billion in imports of Chinese goods while negotiations with China continue, but President Donald Trump could still impose the tariffs if a deal between the two countries doesn’t progress, Treasury Secretary Steven Mnuchin said.
An Immigration Debate Distinct From Economic Realities
Mon, 21 May 2018 23:20:48 EDT - There is a good case that America’s economy has never needed immigrant labor more than it does now. The long-term demographic trends also suggest immigration can be more helpful than harmful. Yet the climate is more hostile toward immigrants and immigration than at any time in recent memory, Gerald F. Seib writes.
Split in Goods and Services Inflation Underscores Fed's Challenge
Mon, 21 May 2018 07:32:39 EDT - Inflation has been a puzzle in the U.S. economy for years, failing to move up much when the unemployment rate tumbled. To resolve the discrepancy, it helps to look at the U.S. as two economies: one for goods, another for services.
Ad Group Announces Rules for Transparency in Political Advertising
Tue, 22 May 2018 06:00:02 EDT - The guidance requires advertisers to provide consumers with a link to a searchable database with more information about who placed the ad, their spending and contributions, and how the advertiser can be reached, among other things.
The Obama Channel? Obamas Sign Deal With Netflix
Tue, 22 May 2018 07:04:07 EDT - Netflix signed the former president and first lady to a multiyear deal to produce shows and documentaries for the streaming platform.
Sony to Buy Mubadala's Stake in EMI Music Publishing
Mon, 21 May 2018 21:53:12 EDT - Sony has agreed to buy Mubadala Investment’s stake in EMI Music Publishing, which owns or administers over 2 million songs, including classics like “Over The Rainbow’ and recent hits including Hozier’s “Take Me to Church.”
Global Economy Week Ahead: U.S. Sentiment, U.K. Inflation, Eurozone PMI
Sun, 20 May 2018 15:00:03 EDT - In the week ahead, readings on U.S. home sales and consumer sentiment will be released, the U.K. will see new inflation data, and the eurozone gets a report on services and manufacturing activity.
IMF Begins Work on Bailout for Argentina, With U.S. Backing
Fri, 18 May 2018 21:32:00 EDT - The International Monetary Fund began negotiating a bailout program with Argentina, which has neared the brink of a crisis as its peso has fallen against the dollar. The Trump administration supports the move.
Who Will and Won't Pay the AMT?
Fri, 18 May 2018 17:36:25 EDT - The alternative minimum tax is a complex levy that raises taxes by limiting the value of certain breaks. The good news for many people: It now is a shadow of its former self.
How the 'World's Most Comfortable Shoe' Is Challenging Nike and Adidas
Tue, 22 May 2018 02:24:45 EDT - Driven by word-of-mouth sales and an eco-focus, San Francisco's Allbirds has sold over a million shoes in two years. But can this Silicon Valley success story last?
GE to Merge Rail Division With Wabtec in $11 Billion Deal
Tue, 22 May 2018 03:36:31 EDT - The deal will allow GE to raise cash to fund its turnaround and shed one of its oldest operations.
Politico Expands Into Asia Via South China Morning Post
Mon, 21 May 2018 19:36:57 EDT - Politico, the U.S. website known for its blanket coverage of all things politics, is launching a partnership with the Hong Kong newspaper and website owned by Jack Ma’s Alibaba Group.

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