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US Business

Sudden CEO Shift Jolts Fiat Chrysler
Mon, 23 Jul 2018 10:11:36 EDT - The deteriorating health of Sergio Marchionne forced Fiat Chrysler to replace him as CEO this weekend, a sudden change at a company dealing with a rapidly evolving industry and a global trade dispute.
Tesla Asks Suppliers for Cash Back to Help Turn a Profit
Mon, 23 Jul 2018 10:46:56 EDT - Tesla has asked some suppliers to refund a portion of what the electric-car company has spent previously, an appeal that reflects the auto maker’s urgency to sustain operations during a critical production period.
Papa John's Board Votes to Adopt 'Poison Pill' Against Founder
Mon, 23 Jul 2018 00:34:15 EDT - Papa John’s International’s board members voted to adopt a “poison pill” on Sunday to prevent its controversial founder from gaining a controlling interest in the pizza chain.
Companies See Glimmers of Opportunity in North Korea
Mon, 23 Jul 2018 10:55:59 EDT - North Korea, one of the world’s most difficult business environments, looks promising to a number of South Korean corporations and their advisers with an eye on the country’s labor market and vast mineral reserves.
2.5 Billion Pounds of Meat Piles Up in U.S. as Exports Slow
Sun, 22 Jul 2018 22:22:28 EDT - Meat is piling up in U.S. cold-storage warehouses, fueled by a surge in supplies and trade disputes that are eroding demand.
U.S. Existing-Home Sales Tumbled Again in June
Mon, 23 Jul 2018 10:19:20 EDT - Sales of previously owned U.S. homes declined in June for the third-straight month, suggesting limited inventory and rising prices may be holding back home buying.
G-20 Makes Little Progress on Tariffs
Sun, 22 Jul 2018 18:04:42 EDT - The U.S. and EU both insist that their conditions for trade talks must be met as the meeting in Argentina wraps up.
Trade Fight Poses Big Risks for Smaller Countries
Sun, 22 Jul 2018 08:15:56 EDT - In a global trade conflict, the big players might not be the biggest losers. Instead it might be smaller, open countries caught in the middle.
China's Global Building Spree Runs Into Trouble in Pakistan
Sun, 22 Jul 2018 22:19:07 EDT - To fund a 70-nation infrastructure initiative, Beijing has been extending loans in opaque deals often contingent on using Chinese contractors. Three years into China’s program in Pakistan, that nation is heading for a debt crisis, caused in part by a surge in Chinese loans and imports.
Lenders May Carp, but Bank of Japan Is Wary of Big Shifts
Mon, 23 Jul 2018 09:53:46 EDT - Though its low long-term interest rates leave lenders little opportunity for profit, Japan’s central bank is likely to stick to the contours of its current policy at its meeting next week.
Alphabet's Earnings: Investors Watch for Hints on Android Antitrust Fine
Mon, 23 Jul 2018 08:53:55 EDT - Google parent Alphabet is expected to report earnings after the market closes. Investors will be looking for any discussion about its Android business after the EU antitrust fine and more details about data collection in light of privacy concerns.
IKEA's Strategy in India: If We Build It, They Will Come
Mon, 23 Jul 2018 10:51:52 EDT - The Swedish retailer plans to open its first store in India next month—and has learned that many shoppers there would be unlikely to buy furniture they need to assemble. The chain plans to help them out.
China's Latest Consumer Scandal: Unsafe Vaccines
Mon, 23 Jul 2018 04:38:59 EDT - Premier Li Keqiang called for an investigation into “the entire process chain of all vaccine production and sales,” after a drug company allegedly sold more than 250,000 doses that failed to meet safety standards.
Theranos Settles Investor Suit as Funds Run Low
Sun, 22 Jul 2018 21:35:45 EDT - Theranos, running on financial fumes, settled a suit filed by investors who had alleged they were defrauded by the blood-testing firm.
Saudi Arabia to Spend Billions to Revive Foreign Investment
Sun, 22 Jul 2018 22:54:56 EDT - Saudi Arabia is ramping up efforts to lure international companies and revive Crown Prince Mohammed bin Salman’s plans for an economic makeover, after foreign investment fell to a 14-year-low in 2017.
Trump's Emerging Economic Policy: Picking Winners and Losers
Sun, 22 Jul 2018 20:11:11 EDT - The president’s unorthodox approach to economic policy could harm some U.S. industries with tariffs, but it also includes concrete plans to maintain America’s technological edge.
America's Factory Towns, Once Solidly Blue, Are Now a GOP Haven
Fri, 20 Jul 2018 10:14:43 EDT - In one generation, manufacturing districts have flipped from Democratic strongholds to Republican ones. The swing is remaking both parties on issues from trade to social policy—and could shape the midterm elections.
Costs Are Crashing the Party for Manufacturers
Sun, 22 Jul 2018 22:20:32 EDT - Industrial firms are booking more orders and delivering higher profits. But costs are rising as well, threatening the outlook for the sector.
Mondelez Recalls Ritz Crackers on Salmonella Concern
Sun, 22 Jul 2018 16:50:00 EDT - Mondelez International is recalling some Ritz crackers after its supplier of whey powder recalled ingredients due to the potential presence of salmonella bacteria.


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