NEWS: WALL STREET JOURNAL US BUSINESS
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   NEWS: WALL STREET JOURNAL US BUSINESS
Wall Street Journal US Business
Jul 23, 2019

Coca-Cola Sales Boosted by Soda Gains, Coffee Push
Coca-Cola's quarterly profit and sales rose, boosted by higher demand for its namesake soft drinks and the introduction of coffee, energy drinks and other products.

Wall Street Journal US Business
Jul 23, 2019

United Technologies Raises Outlook
United Technologies raised its outlook for the year as earnings and revenue in the latest quarter beat expectations.

Wall Street Journal US Business
Jul 23, 2019

Lockheed Martin Raises 2019 Profit Guidance
Lockheed Martin reported forecast-beating quarterly profits and raised its full-year guidance, just as a proposed new budget compromise lifted a cloud hanging over U.S. defense companies.

Wall Street Journal US Business
Jul 23, 2019

Kimberly-Clark Raises Full-Year Outlook as Organic Sales Grow
Kimberly-Clark raised its top- and bottom-line outlook for the full year to reflect strong profit and organic sales results in the latest quarter and an improving commodity environment.

Wall Street Journal US Business
Jul 23, 2019

Daimler Deepens Ties With China in New Deal
China's state-owned Beijing Automotive Group has acquired a stake of 2.48% in Daimler with an option to raise it to 5%, bringing Chinese ownership of one of Germany's flagship companies to around 15%.

Wall Street Journal US Business
Jul 23, 2019

Coca-Cola's Sales Rise in Second Quarter
Coca-Cola said quarterly sales rose, as the beverage giant rolled out coffee, energy drinks and other products that move beyond its namesake soft drinks.

Wall Street Journal US Business
Jul 23, 2019

Harley-Davidson Cuts Forecast for Motorcycle Shipments
Harley-Davidson cut it forecasts for motorcycle shipments this year and reported weaker sales and profit in the second quarter.

Wall Street Journal US Business
Jul 23, 2019

23andMe, Glaxo Mine DNA Data in Hunt for New Drugs
Genetic test-kit company 23andMe has for years used saliva to tell millions of consumers how closely related they are to Neanderthals or whether they are likely to develop diseases like diabetes or Alzheimer's. Now, it's fulfilling a bigger ambition: drug development.

Wall Street Journal US Business
Jul 23, 2019

New Smart Glass Alerts Police if There's a Break-In
With hundreds of office towers, hospitals, schools, retail and residential buildings as customers, View aims to upend the traditional window industry with its smart windows.

Wall Street Journal US Business
Jul 23, 2019

The Hottest Phones for the Next Billion Users Aren't Smartphones
Millions of first-time internet consumers are connecting to the web on a new breed of device that only costs about $25. These smart feature phones make up one of the industry's fastest-growing and least-known segments.

Wall Street Journal US Business
Jul 23, 2019

Coca-Cola to Sell Its First Alcoholic Drink Nationwide in Japan
Coca-Cola plans to sell an alcoholic, lemon-flavored fizzy drink nationwide in Japan, following what it says was a successful test of the 133-year-old company's first cocktail.

Wall Street Journal US Business
Jul 23, 2019

For Kids, Free Time Equals Screen Time---So Parents Fight Back
To get kids off screens, experts are advising parents to structure their kids' time, marking a retreat from past advice that children be given unfettered downtime.

Wall Street Journal US Business
Jul 22, 2019

Trump Touts Tech Industry Support for Huawei Exemptions
President Trump agreed to grant timely licensing decisions to U.S. technology companies that want to continue lucrative sales to Huawei Technologies, as the administration seeks to restart trade talks with China.

Wall Street Journal US Business
Jul 22, 2019

Trump Agrees to 'Timely' Licensing Decision for Huawei Sales
President Trump agreed to grant timely licensing decisions to U.S. technology companies that want to continue lucrative sales to Huawei Technologies, as the administration seeks to restart trade talks with China.

Wall Street Journal US Business
Jul 22, 2019

AutoNation Abruptly Names New CEO
The car-dealership chain promoted finance chief Cheryl Miller, succeeding company outsider Carl Liebert, who became CEO in March.

Wall Street Journal US Business
Jul 22, 2019

TD Ameritrade Begins Search for New CEO
Discount brokerage TD Ameritrade Holding said Monday that Chief Executive Tim Hockey will leave the company in February.

Wall Street Journal US Business
Jul 22, 2019

White House and Congress Reach Deal on Spending, Debt Ceiling
Congressional and White House negotiators reached a bipartisan deal to raise federal spending and lift the government's debt limit.

Wall Street Journal US Business
Jul 22, 2019

Facebook Settlement Expected to Mandate Privacy Committee
The social-media giant's expected settlement with the Federal Trade Commission will create a board committee to help ensure senior-level scrutiny of Facebook's privacy-related efforts.

Wall Street Journal US Business
Jul 22, 2019

Starbucks Takes Stake in Tech Company
Starbucks said it is taking a stake in a digital technology company called Brightloom to speed up its offering of mobile ordering and payment options at its global stores to improve customer convenience.

Wall Street Journal US Business
Jul 22, 2019

Whirlpool Raises Profit Forecast While Controlling Costs
Whirlpool Corp. raised its profit outlook for the year, saying it was better controlling costs and continuing to benefit from the higher prices it is charging for appliances.

Wall Street Journal US Business
Jul 22, 2019

Apple in Advanced Talks to Buy Intel's Smartphone-Modem Chip Business
Apple is in advanced talks to buy Intel's smartphone-modem chip business, a move that would jump-start the iPhone maker's push to take control of developing the critical components powering its devices.

Wall Street Journal US Business
Jul 22, 2019

FTC Set to Unveil Terms of $5 Billion Facebook Settlement
The Federal Trade Commission is expected to announce a settlement with the tech giant over its privacy practices as soon as this week. As part of the deal, Facebook plans to form a board committee for privacy oversight.

Wall Street Journal US Business
Jul 22, 2019

Microsoft to Pay $25 Million to Settle Foreign Bribery Probe
The software company has reached joint settlements with the Justice Department and the Securities and Exchange Commission.

Wall Street Journal US Business
Jul 22, 2019

Oil Refinery Philadelphia Energy Files for Bankruptcy Protection
Philadelphia Energy Solutions, the largest oil refinery on the East Coast, filed for bankruptcy for the second time in 18 months.

Wall Street Journal US Business
Jul 22, 2019

SNC-Lavalin to Restructure, Focus on Core Engineering Services
The struggling engineering-and-construction company said it will exit the fixed-price construction business and explore the sale of its oil-and-gas operations as part of a reorganization.

Wall Street Journal US Business
Jul 22, 2019

FTC to Announce $5 Billion Facebook Settlement as Soon as This Week
The Federal Trade Commission is expected to announce as soon as this week a settlement with Facebook over the company's privacy practices, according to people familiar with the matter.

Wall Street Journal US Business
Jul 22, 2019

Boeing's 737 MAX Grounding Spills Over Into Economy, Weighs on GDP
The prolonged grounding of the Boeing 737 MAX is rippling through the U.S. economy, hurting the nation's trade balance and clouding the outlook for airlines, suppliers and their tens of thousands of workers.

Wall Street Journal US Business
Jul 22, 2019

As Drillers Struggle, Shale Investors Seek Safety in Mineral Rights
Investors who want a piece of the U.S. oil boom but are wary of struggling shale companies are turning to another option: They are gobbling up mineral rights typically held by individual landowners, hoping to benefit from production growth.

Wall Street Journal US Business
Jul 22, 2019

Occidental Pushes Back on Icahn's Board Plan
Leaders of Occidental Petroleum are pushing their shareholders to reject billionaire investor Carl Icahn's bid to replace four directors at the company.

Wall Street Journal US Business
Jul 22, 2019

Microsoft to Invest $1 Billion in Artificial-Intelligence Startup
Microsoft plans to invest $1 billion in OpenAI to add more advanced artificial-intelligence features to the software giant's cloud-computing platform.

Wall Street Journal US Business
Jul 22, 2019

Equifax to Pay Up to $700 Million in Data Breach Settlement
Equifax struck a settlement of up to $700 million to resolve investigations and lawsuits stemming from its 2017 data breach that exposed the personal data of nearly 150 million Americans.

Wall Street Journal US Business
Jul 22, 2019

Bayer, Battling Roundup Legal Claims, to Sell Dr. Scholl's
Bayer, the German pharmaceuticals and chemicals group battling legal claims over its Roundup herbicide, will sell its Dr. Scholl's foot-care business to Yellow Wood Partners for $585 million.

Wall Street Journal US Business
Jul 22, 2019

White House and Congress Near Deal on Spending, Debt Ceiling
White House and congressional negotiators are closing in on terms for an agreement to set new spending levels and increase the government's borrowing limit, though no deal was final Monday morning.

Wall Street Journal US Business
Jul 22, 2019

Fast Food Stocks Are No Value Meal
High valuations indicate that expectations are stretched for quick-service restaurants as they start to report earnings.

Wall Street Journal US Business
Jul 22, 2019

Halliburton Beats Profit Target, but North American Business Slows
Halliburton Co. beat profit expectations for the second quarter, but the oilfield-services company said its business in North America slowed down.

Wall Street Journal US Business
Jul 22, 2019

IRS Greenlights Tax Breaks for Buyers of 23andMe Genetic Tests
Buyers of 23andMe's genetic-testing kits will now have an easier time paying for the service with tax-advantaged health accounts after a favorable IRS ruling.

Wall Street Journal US Business
Jul 22, 2019

When the Safety Net Pays for Itself
A new study finds government programs for adults often lead to more government spending, but programs for low-income children return taxpayer dollars over time.

Wall Street Journal US Business
Jul 22, 2019

White House and Congress Near Agreement on Spending, Debt Ceiling
White House and congressional negotiators are closing in on terms for an agreement to set new spending levels and increase the government's borrowing limit, though no deal was final Monday morning.

Wall Street Journal US Business
Jul 22, 2019

Apple Shuts Hong Kong Stores Early as Fears of Lawlessness Rise
Tech giant Apple shut its stores early citywide on Monday, as fears of escalating violence and spiraling lawlessness linked to weekslong protests spurred concern among businesses and the public.

Wall Street Journal US Business
Jul 22, 2019

Consumers Will Be Able to Pay for Doctor Visits on Their Phones, Via Anthem
Anthem is launching an app to help consumers schedule and pay for medical visits through their smartphones, as well as learn potential diagnoses and text with doctors.

Wall Street Journal US Business
Jul 22, 2019

Ford's China Struggles Create Roadblock for Its Global Ambitions
Ford's multibillion-dollar push to expand in China this decade has veered off course, leaving it mired in a slump that is weighing on its future in the world's largest auto market.

Wall Street Journal US Business
Jul 22, 2019

Ford's Shrinking China Business Is Hurting Its Global Ambitions
Ford's multibillion-dollar push to expand in China this decade has veered off course, leaving it mired in a slump that is weighing on its future in the world's largest auto market.

Wall Street Journal US Business
Jul 21, 2019

Restaurants Sweeten Pay and Perks to Find Scarce Workers
Restaurants are sweetening pay packages and adding perks like more scheduling flexibility to attract and retain workers in the tightest job market in decades.

Wall Street Journal US Business
Jul 21, 2019

Debt-Ceiling and Spending Negotiations Split Republicans
Some House Republicans are asking President Trump to reject any agreement to set new spending levels and increase the government's borrowing limit without significant spending cuts, injecting further uncertainty into negotiations.

Wall Street Journal US Business
Jul 21, 2019

Economy Week Ahead: Home Sales, Eurozone Manufacturing
The U.S. will see fresh data on existing-home sales, durable-goods orders and gross domestic product. The eurozone will publish new manufacturing numbers at a time of slowing global growth.

Wall Street Journal US Business
Jul 21, 2019

'Lion King' Roars to Blockbuster Status
"The Lion King" became Disney's fifth blockbuster of 2019 this weekend, with the digital remake grossing $185 million at the domestic box office.

Wall Street Journal US Business
Jul 21, 2019

Councilman Calls for Hearing on Nonprofit Contractors and Their Business Ties
A New York City councilman wants a hard look at nonprofit city contractors in the wake of a probe into the allegedly undisclosed business ties of shelter operator Acacia.

Wall Street Journal US Business
Jul 21, 2019

Central Banks Are in Sync on Need for Fresh Stimulus
Central banks around the world are poised to unleash the most synchronized monetary stimulus since the financial crisis one decade ago.

Wall Street Journal US Business
Jul 21, 2019

Read Receipts Ruined Messaging. Here's How To Turn Them Off.
Read receipts tell the sender of a message the instant you've seen it—making messaging more stressful, more socially awkward and less fun.

Wall Street Journal US Business
Jul 21, 2019

With So Many Vacant Stores, E-Commerce Is Only Part of the Problem
Don't blame all the vacant stores on e-commerce. Sky-high rents are squeezing retailers, too. Although commercial retail rents are down from recent peaks, they haven't fallen as fast as sales at struggling chains.

Wall Street Journal US Business
Jul 21, 2019

Consumer Giants Turn From Diapers to Eye Rollers and Jelly Masks
Facing stagnant sales of household mainstays from diapers to detergent, the world's biggest consumer-products companies are trying to crack the lucrative market for influencer-pitched, millennial-approved skin-care products.

Wall Street Journal US Business
Jul 21, 2019

Corporate Tax Rates Fall, but Unevenly
The impact of the U.S. tax overhaul is coming into focus: Tax rates have fallen sharply at many public companies, and many others that were already toward the bottom of the scale have been able to stay there so far.

Wall Street Journal US Business
Jul 21, 2019

J&J Faces Key Test in Defense Against Talc-Safety Lawsuits
Johnson & Johnson, still facing thousands of lawsuits over the safety of its signature baby powder after losing several trials, will make a high-stakes attempt to head off future losses in a courtroom battle beginning Monday.

Wall Street Journal US Business
Jul 20, 2019

'Avengers: Endgame' Set to Become Global Box-Office Champ
Walt Disney's "Avengers: Endgame" is poised to become the new all-time box-office champion, passing by 2009's "Avatar."

Wall Street Journal US Business
Jul 20, 2019

Hollywood Writers Struggle to Get on Same Page in Fight Against Agents
Thousands of Hollywood writers fired their agents after the Writers Guild of America declared war on the big talent agencies. Now some writers have secretly gone back to their agents as the battle drags on.

Wall Street Journal US Business
Jul 20, 2019

CBS Goes Dark on AT&T Amid a Dispute
Programming from CBS went dark for about 6.6 million viewers of AT&T's DirecTV, DirecTV Now and U-verse packages Saturday morning after the two companies couldn't come to terms on a new distribution agreement.

Wall Street Journal US Business
Jul 20, 2019

DNA Testing Creates Wrenching Dilemmas for the Family Historian
With home testing now ubiquitous, keepers of the family tree are forced to juggle the privacy of close relatives with the needs of newly discovered kin; "I am sorry my doing genealogy has opened up Pandora's box."

Wall Street Journal US Business
Jul 20, 2019

Yes, You Actually Should Be Using Emojis at Work
Once viewed as a frivolity, emojis are now key to clear and concise communication, esprit de corps and cultivating a shared corporate culture.

Wall Street Journal US Business
Jul 19, 2019

Drug Makers, Distributors Failed to Stop Suspect Opioid Shipments, Filing Alleges
Many of the nation's largest drug manufacturers and distributors failed to implement even the most basic systems to halt suspicious drug orders as the opioid epidemic came into sharp focus, plaintiffs lawyers allege in a new court filing.

Wall Street Journal US Business
Jul 19, 2019

Equifax to Pay Around $700 Million Related to Data Breach
The credit-reporting firm is nearing a deal to settle a slew of state and federal investigations into a 2017 data breach that exposed nearly 150 million Americans' Social Security numbers and other personal information.

Wall Street Journal US Business
Jul 19, 2019

Walmart Revamps Finance Teams as It Integrates Jet.com
Walmart's finance executives are undergoing a shuffling as the world's biggest retailer absorbs Jet.com into the company's digital operation.

Wall Street Journal US Business
Jul 19, 2019

Schlumberger Names New CEO as Shale Woes Persist
Schlumberger named Olivier Le Peuch as its next chief executive, while the Houston oil-field-services company continues to suffer from a slowdown in spending by U.S. shale drillers.

Wall Street Journal US Business
Jul 19, 2019

Labor Secretary Pick Scalia Has Long Fought Rules Aimed at Business
In Eugene Scalia, the Trump administration has found a potential secretary of labor with an established record of pursuing limits on government regulation of business.

Wall Street Journal US Business
Jul 19, 2019

Another Enterprise Software IPO Catches Investors' Attention
Medallia shares surged in their trading debut, the latest enterprise technology company off to strong start in the 2019 IPO market.

Wall Street Journal US Business
Jul 19, 2019

Fed's Bullard Says He'd 'Love' to Become Fed Chairman
St. Louis Fed leader James Bullard said Friday he would accept the chairmanship of the Federal Reserve if it were offered to him.

Wall Street Journal US Business
Jul 19, 2019

Fed Officials Signal Quarter-Point Rate Cut Likely at July Meeting
Federal Reserve officials signaled they are ready to cut interest rates by a quarter-percentage point at their coming meeting, while indicating the potential for additional reductions because they are worried about a slowdown in global growth, an increase in trade-policy uncertainty and a pullback in inflation.

Wall Street Journal US Business
Jul 19, 2019

Startup Investment to Keep Soaring After Record Year
Investment in closely held technology companies is set to keep rising after hitting a record last year, as more funds that have traditionally invested in public markets chase the returns being generated by startups, a new report shows.

Wall Street Journal US Business
Jul 19, 2019

Former Unaoil Partner Pleads Guilty to Corruption Conspiracy Charges
A former partner of Unaoil Group in Iraq has pleaded guilty to conspiracy charges brought in connection with an investigation by the U.K. Serious Fraud Office into the oil-services firm.

Wall Street Journal US Business
Jul 19, 2019

Why Is Wall Street So Sold on the 50-Basis-Point Rate Cut?
One of Wall Street's most eventful debates—whether the Federal Reserve will cut rates at its two-day meeting by a quarter of a percentage point or a half a point—gained new life following comments by John Williams.

Wall Street Journal US Business
Jul 19, 2019

PepsiCo Expands in Africa With $1.7 Billion Deal
PepsiCo has agreed to pay $1.7 billion to buy South Africa's Pioneer Foods, as the beverage giant looks to expand and accelerate its growth in sub-Saharan Africa.

Wall Street Journal US Business
Jul 19, 2019

Labor Secretary Pick Eugene Scalia Has Strong Antiregulation Record
n Eugene Scalia, the Trump administration has found a potential secretary of labor with an established record of pursuing limits on government regulation of business.

Wall Street Journal US Business
Jul 19, 2019

U.S. Consumer Sentiment Held Steady in Early July
American households remained relatively confident about the economy in early July, and their expectations for longer-run inflation firmed.

Wall Street Journal US Business
Jul 19, 2019

The New Humble Facebook Is Playing With Fire in Washington
The social media giant needs to find a more convincing way of saying "oops, my bad" as it seeks approval of a new cryptocurrency.

Wall Street Journal US Business
Jul 19, 2019

Pepsi Expands in Africa With $1.7 Billion Deal
PepsiCo has agreed to pay $1.7 billion to buy South Africa's Pioneer Foods, as the beverage giant looks to expand and accelerate its growth in sub-Saharan Africa.

Wall Street Journal US Business
Jul 19, 2019

St. Louis Fed's Bullard Sees No Need for Larger Rate Cut
Federal Reserve Bank of St. Louis President James Bullard said he would support a quarter-percentage-point cut in the central bank's benchmark short-term rate at its July 30-31 meeting and doesn't think a larger cut at that meeting is needed.

Wall Street Journal US Business
Jul 19, 2019

The New Ways Your Boss Is Spying on You
It's not just email. Employers are mining the data their workers generate to figure out what they're up to, and with whom. There's almost nothing you can do about it.

Wall Street Journal US Business
Jul 19, 2019

Carl Icahn Takes Steps to Replace Four Occidental Petroleum Directors
The billionaire investor says the energy company's board mismanaged its deal to acquire rival Anadarko Petroleum.

Wall Street Journal US Business
Jul 19, 2019

Budweiser Brewer to Sell Australian Unit to Japan's Asahi
Anheuser-Busch InBev agreed to sell its Australian unit to Asahi for $11.3 billion, including debt, as it pushes forward with an effort to sell assets and pare debt after pulling an initial public offering of its Asia-Pacific businesses.

Wall Street Journal US Business
Jul 18, 2019

Trump to Nominate Eugene Scalia to Serve as Labor Secretary
President Trump intends to nominate Eugene Scalia, a son of the late Supreme Court Justice Antonin Scalia, as secretary of labor, sources said, tapping a well-known figure in labor policy after the resignation of Alex Acosta.

Wall Street Journal US Business
Jul 18, 2019

Trump to Nominate Justice Scalia's Son as Labor Secretary
President Trump intends to nominate Eugene Scalia, a son of the late Supreme Court Justice Antonin Scalia, as secretary of labor, sources said, tapping a well-known figure in labor policy after the resignation of Alex Acosta.

Wall Street Journal US Business
Jul 18, 2019

Gannett Closes In on Deal to Combine With GateHouse Media
USA Today publisher Gannett is nearing a deal to combine with rival GateHouse Media, a move that would join the nation's two largest newspaper groups by circulation.

Wall Street Journal US Business
Jul 18, 2019

New York Fed Says Williams Wasn't Sending Specific Policy Signal in Speech
New York Fed President John Williams didn't intend to suggest Thursday that the central bank might make a large interest rate cut this month, a spokesman said.

Wall Street Journal US Business
Jul 18, 2019

Chewy Posts Strong Sales Growth in First Quarter Post-IPO
The online pet-products seller said its sales grew 45% in the latest quarter

Wall Street Journal US Business
Jul 18, 2019

As FaceApp Goes Viral, So Do Concerns About Privacy, Russia Ties
Just as quickly as a free photo-editing app went viral among smartphones users this week, it drew a backlash that exposed growing concerns about digital privacy and the potential for abuse from overseas actors.

Wall Street Journal US Business
Jul 18, 2019

Gannett in Advanced Talks to Combine with GateHouse Media
USA Today publisher Gannett Co. is nearing a deal to combine with rival GateHouse Media, a move that would join the nation's two largest newspaper groups by circulation.

Wall Street Journal US Business
Jul 18, 2019

WeWork Co-Founder Has Cashed Out at Least $700 Million Via Sales, Loans
Adam Neumann, co-founder and largest shareholder of WeWork Cos., has cashed out more than $700 million from the company ahead of its initial public offering through a mix of stock sales and debt, people familiar with the matter say.

Wall Street Journal US Business
Jul 18, 2019

Boeing Plans $5 Billion Charge to Compensate 737 MAX Customers
Boeing said it would book a nearly $5 billion charge related to compensating airline customers as a result of the prolonged grounding of its troubled 737 MAX aircraft.

Wall Street Journal US Business
Jul 18, 2019

Microsoft's Cloud Business Drives Record Sales
Microsoft reported record quarterly revenue lifted by cloud-computing growth, adding to the company's momentum under Chief Executive Satya Nadella.

Wall Street Journal US Business
Jul 18, 2019

Bankruptcy Watchdog Takes Aim at PG&E CEO's Pay Package
A federal bankruptcy watchdog is objecting to California utility PG&E Corp.'s request for approval of a $3 million payment to new Chief Executive William Johnson, according to a court document.

Wall Street Journal US Business
Jul 18, 2019

Ailing BMW Appoints Production Chief Zipse as Next CEO
BMW AG said it would appoint its current head of production, Oliver Zipse, as its next chief executive as the struggling auto maker contends with shrinking profits, global trade fights and the intensifying race to build electric cars.

Wall Street Journal US Business
Jul 18, 2019

Sinclair Set to Complete Largest Junk-Bond Sale Since 2016
A subsidiary of Sinclair Broadcast Group is poised to complete the largest U.S. junk-bond sale in more than three years, drawing substantial demand from investors to support its purchase of regional sports networks from Disney.

Wall Street Journal US Business
Jul 18, 2019

Union Pacific Cuts Costs, Bolsters Profit
The railroad operator's second-quarter profit rose even as it shipped less cargo, as the company got a boost from cost cuts tied to its new operating plan, including fewer jobs and lower fuel expenses.

Wall Street Journal US Business
Jul 18, 2019

Crunch Time for Nissan CEO
Nissan Motor's Hiroto Saikawa will face greater scrutiny from the company's new board, two directors said, adding pressure on the chief executive to revive the fortunes of the Japanese car maker.

Wall Street Journal US Business
Jul 18, 2019

We Tested 5G Across America. It's Crazy Fast---and a Hot Mess
Our columnist went on a multicity 5G testing tour and discovered warm summer temperatures prevent the fifth generation of cellular networking from working well on Samsung's Galaxy S10 5G phone.

Wall Street Journal US Business
Jul 18, 2019

Martin Shkreli's Conviction Upheld by Appeals Court
A federal appeals court upheld the securities-fraud conviction of Martin Shkreli—the former pharmaceutical executive who became known as the "Pharma Bro." The appeals court ruled the trial judge correctly instructed jurors.

Wall Street Journal US Business
Jul 18, 2019

All the Reasons Not to Buy a 5G Phone Right Now
Our columnist went on a multicity 5G testing tour and discovered warm summer temperatures prevent the fifth generation of cellular networking from working well on Samsung's Galaxy S10 5G phone.

Wall Street Journal US Business
Jul 18, 2019

Budweiser Brewer Explores Asset Sales After Calling Off Asia IPO
Anheuser-Busch InBev is considering selling off business units in South Korea, Australia and Central America to cut its massive debt pile as it pursues a backup plan after calling off the nearly $10 billion listing of its Asian business, according to people familiar with the matter.

Wall Street Journal US Business
Jul 18, 2019

House Approves Bill That Would More Than Double Minimum Wage to $15
The House passed a bill that would more than double the federal minimum wage to $15 by 2025, though it is unlikely to see a vote in the Senate.

Wall Street Journal US Business
Jul 18, 2019

Union Pacific Cuts Costs, Raises Profit
The railroad operator's second-quarter profit rose even as it shipped less cargo, as the company got a boost from cost cuts tied to its new operating plan, including fewer jobs and lower fuel expenses.

Wall Street Journal US Business
Jul 18, 2019

Antibiotics Developers Seek a Cure for Industry Ills
The bankruptcy of drug developer Achaogen illustrates the challenge facing companies seeking new antibiotics at a time when cash-strapped hospitals are reluctant to splash out on higher-priced medicines.

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