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US Business

Elliott Threatens to Force Akzo Nobel to Engage With PPG
Wed, 22 Mar 2017 17:32:28 EDT - U.S. activist investor Elliott Management has emerged as a key player in a $24 billion, trans-Atlantic standoff between Akzo Nobel and PPG Industries, two of the world’s oldest industrial companies.
AT&T, Verizon Pull Ads From Google Over 'Hate' Videos
Wed, 22 Mar 2017 17:58:06 EDT - AT&T and Verizon Communications pulled much of their advertising from Google over concerns that their ads may have run alongside controversial videos, extending the financial impact of a controversy.
Sears Stock Stumbles After Going-Concern Warning
Wed, 22 Mar 2017 16:18:19 EDT - Sears raised doubts in a securities filing about its ability to keep operating after seven years of losses, sending the retailer’s share price tumbling and spooking some of its landlords.
Retro 'Space Jam' Hit Fails to Solve Nike's Sales Woes
Wed, 22 Mar 2017 17:06:32 EDT - Nike said a sneaker homage to the cult classic film “Space Jam” was a smash hit, but the retro shoes were a rare highlight in otherwise troubling results for the world’s largest athletic company.
Gawker Founder Nick Denton to Leave Bankruptcy
Wed, 22 Mar 2017 15:24:59 EDT - Nick Denton will leave bankruptcy having weathered a multimillion-dollar judgment from an invasion-of-privacy lawsuit that forced the sale of his Gawker media business.
Home Sales Slide on Tight Supply, Higher Prices
Wed, 22 Mar 2017 11:30:38 EDT - Sales of previously owned U.S. homes fell 3.7% in February from the prior month to a seasonally adjusted annual rate of 5.48 million, the National Association of Realtors said.
Labor Secretary Nominee Acosta Outlines Policy
Wed, 22 Mar 2017 15:43:31 EDT - Labor secretary nominee Alexander Acosta spoke in support of federal job-training programs and an updating of overtime rules, though that may put him at odds with a White House seeking to slash spending and regulations.
A Senator's Plan to Reduce the Flow of Legal Migrants
Wed, 22 Mar 2017 12:12:05 EDT - The consensus among Republicans that more legal immigration is needed is dissolving. Tom Cotton, a Republican senator from Arkansas, says the U.S. admits too many legal immigrants based on family ties rather than skills, education or the ability to assimilate, Greg Ip writes.
U.K. Trade Policy After Brexit Must Reckon With Gravity
Sun, 19 Mar 2017 18:06:30 EDT - To boost trade after Brexit, the U.K. will have to grapple with a powerful force: gravity. Economists have for decades observed that the volume of trade between economies is tightly linked to their size and proximity.
China Has Risky Task in Rebalancing Economy
Tue, 21 Mar 2017 21:02:05 EDT - China faces mounting financial risk even as an innovation drive aimed at rebalancing the economy away from low-value manufacturing falls short, according to a report by the Organization for Economic Cooperation and Development.
Under Pressure From Trian, GE Vows to Boost Industrial Profits
Wed, 22 Mar 2017 16:42:30 EDT - General Electric promised to cut $1 billion in costs from its industrial operations this year, and to more closely tie top executives’ bonuses to profits in its core industrial business.
As E-Sports Grows, Videogame Companies Battle Cheaters
Wed, 22 Mar 2017 15:20:13 EDT - Videogame companies, including Ubisoft Entertainment and Activision Blizzard, are fighting back against gamers who cheat, some with unapproved software they buy online.
GOP Plan Doesn't Cure Health Fears for Small Businesses
Wed, 22 Mar 2017 12:26:59 EDT - Small-business owners are bracing for changes—and in some cases, higher costs—under the current Republican plan to repeal and replace the Affordable Care Act.
Divisions on Trade Dominate Global Summit
Mon, 20 Mar 2017 08:48:04 EDT - World finance chiefs struggled during a weekend of tense talks to find common ground on boosting trade in a global economy that is finally showing faint signs of momentum.
U.S. Cities Battle Each Other for Jobs With $45 Billion in Incentives
Fri, 17 Mar 2017 05:21:06 EDT - Already depleted by foreign competition, states and cities offer increasingly lucrative tax breaks and other benefits to keep companies local, sometimes squaring off with neighboring municipalities.
Long a Crutch for Hollywood, Overseas Ticket Sales Slip in 2016
Wed, 22 Mar 2017 17:38:15 EDT - The Motion Picture Association of America reports international box office edge lower in 2016—a troubling reversal for an industry that has come to rely on overseas consumers as stateside attendance stagnates.
Smart Lights Are a Bright Idea, With Alexa and Siri
Wed, 22 Mar 2017 15:22:24 EDT - Reliable voice control makes smart lighting easier than ever. Geoffrey A. Fowler explains the right—and wrong—ways to improve your home lighting with connected bulbs, plugs and switches.
Auto Makers Target China as New U.S. Trade Rules Loom
Wed, 22 Mar 2017 15:54:04 EDT - Top auto makers, facing the threat of costly North American trade policy changes, want the Trump administration to take a harder line on a market thousands of miles from their home turf.


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