|
Jun 26, 2019
Managed-care provider Magellan Health is in exclusive talks for a possible sale to private-equity firm Centerbridge Partners. The private-equity firm could reach a deal for Magellan next month.
|
|
Jun 26, 2019
Danish shipping giant A.P. Moller-Maersk wants to buy warehouses, container terminals and customs brokerage firms to boost its logistics services capabilities, part of a strategic shift toward a landside business the company hopes will produce half its revenue in two years.
|
|
Jun 26, 2019
Managed-care provider Magellan Health is in exclusive talks for a possible sale to private-equity firm Centerbridge Partners. The private-equity firm could reach a deal for Magellan next month.
|
|
Jun 26, 2019
Hundreds of Wayfair employees walked out of the company's Boston headquarters in protest of the online furniture retailer's plan to sell bedroom furniture to a southern border facility for migrant children.
|
|
Jun 26, 2019
The Philadelphia Energy Solution refinery, the largest and oldest refinery on the East Coast, is shutting down and will be put up for sale, less than a week after a huge fire and explosion at the complex.
|
|
Jun 26, 2019
StockX, an online marketplace that lets individuals trade sneakers like stocks, closed a round of venture funding that valued the startup at more than $1 billion, riding the sneaker-reselling craze fueled by teens.
|
|
Jun 26, 2019
Bayer said it would seek outside help and review its approach in the company's legal battle with thousands of cancer patients who blame the herbicide Roundup for their illness.
|
|
Jun 26, 2019
Orders for long-lasting American goods dropped in May, reflecting weakness extending beyond Boeing's grounded air jet.
|
|
Jun 26, 2019
The EU is considering proposals to curb or ban some uses of automated surveillance tools, including facial-recognition software.
|
|
Jun 26, 2019
General Mills' snack-bar business faltered in its latest quarter and sales of grocery staples such as cereal were flat, highlighting the tough path the company faces as it works to spark faster growth.
|
|
Jun 26, 2019
The European Commission, in a rare move, ordered Broadcom to immediately halt certain practices that it alleges are anticompetitive as it opened a formal antitrust probe into the chip maker.
|
|
Jun 26, 2019
The S&P 500's communication-services sector—home to Facebook, Disney and AT&T—posted a median CEO pay of $22.6 million in 2018, higher than any other index sector.
|
|
Jun 26, 2019
President Trump criticized the Federal Reserve's Jerome Powell, comparing him unfavorably with European Central Bank President Mario Draghi and saying that the U.S. is no longer on a level playing field.
|
|
Jun 26, 2019
As the Trump administration moves to make confidential hospital prices public, New Hampshire's experience with price transparency suggests what it may—and may not—accomplish.
|
|
Jun 26, 2019
Facebook's new digital currency has the potential to become a true alternative to national currencies by creating a de facto central bank, which other fin-tech startups and cryptocurrencies have failed to do.
|
|
Jun 26, 2019
Demand for long-lasting goods produced by U.S. factories fell in May for the third time in four months, underscoring a broader slowdown in the manufacturing sector.
|
|
Jun 26, 2019
General Mills struggled to lift sales in the latest quarter in its business serving retail stores in the U.S. and Canada.
|
|
Jun 26, 2019
Billions of dollars worth of China-made goods subject to the Trump administration's tariffs in its trade fight with Beijing are dodging the levies by entering the U.S. via other countries, especially Vietnam.
|
|
Jun 26, 2019
Billions of dollars worth of China-made goods subject to the Trump administration's tariffs in its trade fight with Beijing are dodging the levies by entering the U.S. via other countries, especially Vietnam.
|
|
Jun 26, 2019
Miguel Patricio says the company's well-known products need a new boost. He took over as chief executive this week, at the lowest point in the food conglomerate's history.
|
|
Jun 26, 2019
LaCroix's faintly flavored bubbly water drove an explosion of sales in its corner of the beverage market over the past several years. Now, as parent National Beverage Corp. prepares to report results Wednesday, rivals are winning over some consumers.
|
|
Jun 26, 2019
President Trump and Chinese President Xi Jinping will seek to revive trade talks this week, in a test of whether their professed personal chemistry can surmount seemingly intractable differences at the bargaining table.
|
|
Jun 26, 2019
Airlines have finally figured out that they need to make free seats more available. Here's who gets the job done—and who's lagging behind.
|
|
Jun 25, 2019
Large U.S. tech companies in the direct sights of the Trump administration's ban on exports to Huawei are finding ways to resume some shipments to the blacklisted Chinese tech giant without running afoul of American regulations.
|
|
Jun 25, 2019
FedEx said profits were squeezed in its most recent quarter as a global slowdown in trade and a shift by customers to slower and cheaper delivery options continued to weigh on the shipping giant's core Express business.
|
|
Jun 25, 2019
Federal Reserve Bank of St. Louis President James Bullard said Tuesday he has been approached by White House officials "in recent months" about the possibility of serving on the Fed's Washington board of governors.
|
|
Jun 25, 2019
Federal Reserve Bank of Richmond President Thomas Barkin said he doesn't know whether a rate cut would be needed this year, as officials grapple with mixed economic data and uncertainty over U.S. trade policies.
|
|
Jun 25, 2019
The familiar politics of taxation—in which Democrats push to raise taxes on high-income people and Republicans resist—turned topsy-turvy.
|
|
Jun 25, 2019
Comcast Corp.'s NBCUniversal said its hit comedy "The Office" will be exclusively available on the company's coming streaming-video service beginning in 2021, meaning Netflix Inc. will lose the rights to its No. 1 show.
|
|
Jun 25, 2019
The FAA has removed three senior managers in the office overseeing Southwest Airlines amid allegations of lax safety enforcement raised by agency whistleblowers and various resulting government inquiries.
|
|
Jun 25, 2019
Telecommunications gear made by China's Huawei Technologies is far more likely to contain flaws that could be leveraged by hackers for malicious use than equipment from rival companies, according to new research.
|
|
Jun 25, 2019
Care.com's chief financial officer, Michael Echenberg, is resigning from the online child-care marketplace, the Waltham, Mass.-based company said.
|
|
Jun 25, 2019
Micron Technology has resumed some shipments to Huawei Technologies after determining that they didn't fall afoul of U.S. curbs on exports to the Chinese telecom giant.
|
|
Jun 25, 2019
Fed Chairman Jerome Powell pushed back against President Trump's demands for lower interest rates—citing the central bank's independence—while explaining why it might nevertheless cut interest rates soon.
|
|
Jun 25, 2019
FedEx's profit was squeezed in its most recent quarter due to lower revenue at its Express air network and higher costs at its Ground business, as the delivery giant navigates turbulence in global trade.
|
|
Jun 25, 2019
The Department of Justice is pursuing a criminal investigation into the U.S. chicken industry, following allegations of price collusion among top poultry processors. Meat producers have denied engaging in anticompetitive conduct.
|
|
Jun 25, 2019
PG&E bondholders have challenged the California utility over control of its bankruptcy proceeding, offering Wall Street's version of a solution to wildfire liabilities that are estimated at $30 billion or more.
|
|
Jun 25, 2019
Mitsubishi said it would acquire Bombardier's regional-jet business for $550 million in a transaction that puts the companies on different paths in the aviation sector.
|
|
Jun 25, 2019
Two privacy-advocacy groups are calling on the FTC to remove from YouTube all content aimed at children and to impose tens of billions in fines.
|
|
Jun 25, 2019
Ligado Networks' plan to develop some of the nation's most valuable airwaves is being undercut by disagreements between U.S. regulators—miring the company in a holding pattern and pressuring its finances.
|
|
Jun 25, 2019
UnitedHealth Group bought PatientsLikeMe, a company that helps connect people who have similar health conditions, after the startup was forced to divest an investment by a Chinese firm.
|
|
Jun 25, 2019
A gauge of consumer sentiment deteriorated in June to its lowest level in nearly two years.
|
|
Jun 25, 2019
Americans purchased fewer new homes in May, a sign the housing sector remains on uneven footing.
|
|
Jun 25, 2019
General Electric reached a tentative four-year agreement with a group of unions after a few weeks of negotiations, keeping a labor peace as the conglomerate restructures operations.
|
|
Jun 25, 2019
In a rare corporate comeback, the ousted chief executive of Lixil Group recovered his job at the Japanese bath and kitchen company with the support of some foreign activist shareholders.
|
|
Jun 25, 2019
Falling steel prices are adding pressure to U.S. Steel's plan to get better performance from its mills by making overdue repairs and equipment upgrades.
|
|
Jun 25, 2019
The growth of U.S. home prices continued to slow in April in another sign of a weaker-than-expected selling season.
|
|
Jun 25, 2019
Businesses are getting help—but not everything they wanted—as the Treasury Department addresses one of the biggest corporate frustrations with the 2017 tax law.
|
|
Jun 25, 2019
As RealReal prepares to go public this week, the online marketplace for used luxury goods faces a big challenge: weeding out the fakes.
|
|
Jun 25, 2019
U.S. companies' working-capital efficiency reached a six-year high in 2018 as finance chiefs increasingly prioritize managing inventories to more quickly convert the capital into cash, a new study found.
|
|
Jun 25, 2019
AbbVie struck a deal to buy Allergan for about $63 billion, as the two big drug makers bet a combination will deliver new sources of growth they have struggled to find on their own.
|
|
Jun 25, 2019
Nissan shareholders voted to overhaul the board after a meeting where they shouted at current board members, management and each other.
|
|
Jun 25, 2019
Coffee bars, lounges and other comforts that have become regular features of modern office spaces are starting to appear in warehouses as e-commerce operators grapple with hiring and retaining workers.
|
|
Jun 25, 2019
A shared passion for gaming, coupled with the ability to communicate without having to follow in-person social cues, helped bring Chris Lopes and Caleb Stephens out of isolation and become less afraid of meeting people.
|
|
Jun 25, 2019
Nissan Motor shareholders voted to overhaul the company's board structure, a key goal of Chief Executive Hiroto Saikawa.
|
|
Jun 24, 2019
Hackers believed to be backed by China's government have infiltrated the cellular networks of at least 10 global carriers, swiping users' whereabouts, text-messaging records and call logs, according to a new report.
|
|
Jun 24, 2019
A unit of Alphabet said its proposed "smart city" in a Toronto neighborhood would create thousands of jobs and cut greenhouse-gas emissions, but met some resistance from the project's government sponsor over the scope.
|
|
Jun 24, 2019
A senior Facebook executive, Nick Clegg, took a veiled shot at Apple, continuing the sniping between the tech giants as their business models are under increasing scrutiny from global regulators.
|
|
Jun 24, 2019
A senior Facebook executive, Nick Clegg, took a veiled shot at Apple, continuing the sniping between the tech giants as their business models are under increasing scrutiny from global regulators.
|
|
Jun 24, 2019
President Trump issued an executive order to compel price disclosure in health care, an initiative that could upend industry practices and give consumers more information on their out-of-pocket costs.
|
|
Jun 24, 2019
He will testify before Senate Banking Committee the following day.
|
|
Jun 24, 2019
As U.S. employers struggle to fill near-record-high job openings, government training programs aimed at solving that problem are coming up short, according to President Trump's economic advisers.
|
|
Jun 24, 2019
Federal Reserve Bank of Dallas President Robert Kaplan said it is too soon to say whether the Fed will need to reduce interest rates in coming months due to rising uncertainty over trade tensions and weaker global growth.
|
|
Jun 24, 2019
Bristol-Myers Squibb said its $74 billion merger with Celgene would be delayed as the company works to allay concerns of regulators by selling off Otezla, Celgene's anti-inflammatory drug.
|
|
Jun 24, 2019
WarnerMedia has tapped BBC Studios-Americas President Ann Sarnoff to become chief executive of Warner Bros. She will be the first woman to lead the iconic movie and television studio.
|
|
Jun 24, 2019
Federal programs aimed at enhancing the skills of Americans are largely failing to pay off for many workers, a paper released Monday by President Trump's Council of Economic Advisers found.
|
|
Jun 24, 2019
France's Carrefour is shedding most of its operations in the country, where big-box retailers are struggling to keep pace in a market whose shoppers are turning toward nimble delivery providers.
|
|
Jun 24, 2019
Pioneer Natural Resources, which once promised production to rival Libya, was part of a revolution that helped make the U.S. a global oil player. Now after years of overspending, the company is pulling back.
|
|
Jun 24, 2019
U.S. carriers, after years of ceding market share to rivals and international partners on overseas flights, are adding more than a dozen new routes and increasing capacity to destinations like South Africa, India and Croatia.
|
|
Jun 24, 2019
President Trump compared the Federal Reserve to "a stubborn child" in a pair of tweets on Monday, after the bank opted not to cut interest rates during its two-day meeting last week.
|
|
Jun 24, 2019
President Trump will issue an executive order to compel price disclosure in health care, an initiative that could upend industry practices and give consumers more information on their out-of-pocket costs.
|
|
Jun 24, 2019
The Labor Department released its proposal to create a new type of apprenticeship that would be run by business groups, colleges and other entities, rather than the federal government.
|
|
Jun 24, 2019
France's Carrefour is shedding most of its operations in the country, where big-box retailers are struggling to keep pace in a market whose shoppers are turning toward nimble delivery providers.
|
|
Jun 24, 2019
Carlos Ghosn's defense team challenged Japanese prosecutors to explain why they didn't charge Nissan Motor CEO Hiroto Saikawa over allegations that the auto maker failed to report Mr. Ghosn's compensation properly.
|
|
Jun 24, 2019
France's Carrefour is shedding most of its operations in the country, where big-box retailers are struggling to keep pace in a market whose shoppers are turning toward nimble delivery providers.
|
|
Jun 24, 2019
Bristol-Myers Squibb said it would divest itself of Otezla, a psoriasis treatment owned by Celgene, to win approval from regulators and help smooth the path for the companies' pending merger.
|
|
Jun 24, 2019
The Federal Reserve doesn't have a lot of bullets, and as soon as next month it could start firing some of them off.
|
|
Jun 24, 2019
LiveRamp Holdings agreed to buy Data Plus Math for $150 million in cash and stock, a deal that will give the platform firepower to help advertisers buy and analyze targeted ads both on traditional and streaming TV.
|
|
Jun 24, 2019
Eldorado Resorts has agreed to acquire Caesars Entertainment in a cash-and-stock transaction valued at $8.58 billion, in a move that would create one of the largest gaming companies in the U.S.
|
|
Jun 24, 2019
The FBI is examining whether lab-testing startup uBiome used improper billing codes in claims and sought payment for unnecessary tests, tactics that could have inappropriately enriched the company.
|
|
Jun 24, 2019
As U.S. officials prepare an antitrust probe of Google and possibly other Silicon Valley giants, a loose-knit crew of its rivals is gearing up to help.
|
|
Jun 24, 2019
Information-technology executives are pushing to make their systems more energy-efficient, developing and tweaking software to cut waste and tracking how much energy their operations consume.
|
|
Jun 24, 2019
An abrupt change of heart after saying yes to a job can have career repercussions years later. Here's how to navigate this delicate decision.
|
|
Jun 24, 2019
Shares of Daimler fell almost 5% after the maker of Mercedes-Benz luxury cars issued a profit warning late Sunday related to a government recall of vehicles suspected of manipulating diesel emissions.
|
|
Jun 24, 2019
Shares of Daimler fell almost 5% after the maker of Mercedes-Benz luxury cars issued a profit warning late Sunday related to a government recall of vehicles suspected of manipulating diesel emissions.
|
|
Jun 23, 2019
FedEx is offering big discounts to woo online merchants to its air network as it seeks to refashion a delivery system ill-equipped for the rise of e-commerce.
|
|
Jun 23, 2019
San Francisco is expected to become the first city in the U.S. to ban e-cigarettes this week, a move that will likely pit the city against one of its fastest-growing startups: Juul Labs.
|
|
Jun 23, 2019
The Trump administration is considering requiring that next-generation 5G cellular equipment used in the U.S. be designed and manufactured outside China, a move that could reshape global manufacturing.
|
|
Jun 23, 2019
The consulting firm, an adviser on automation, has promised to retrain nearly every worker at risk of losing a job to technology, at a cost of nearly $1 billion a year.
|
|
Jun 23, 2019
This week brings a steady flow of economic data, culminating in a meeting between President Trump and his Chinese counterpart, Xi Jinping, at the G-20 summit in Osaka, Japan, on June 28-29.
|
|
Jun 23, 2019
A rare emerging-market unicorn is taking the formula it used to transform India's budget hotel industry to other countries. It is facing a bumpy rollout in the U.S.
|
|
Jun 23, 2019
Walt Disney once again did something that has eluded other Hollywood studios this summer: It opened a sequel to impressive returns at the box office.
|
|
Jun 23, 2019
New York farmers say they are straining under increased costs as a worker shortage has forced them to use a federal visa program to bring in temporary agricultural workers from other countries.
|
|
Jun 23, 2019
The world's largest money manager has lobbied for legislation that would encourage more companies to offer retirement savings plans with annuities.
|
|
Jun 23, 2019
More gadgets than ever are advertised as "splash-proof" and "water-resistant"—but that often means less protection at the beach or pool than you'd imagine.
|
|
Jun 23, 2019
President Trump is making good on promises to roll back Obama-era regulation by allowing agency staffing to shrink, alongside fewer enforcement actions, civil penalties and criminal prosecutions.
|
|
Jun 23, 2019
A steady rise in employment has been one of the eurozone's big successes over the past six years of economic expansion. But there are signs the region's job market may be cooling.
|
|
Jun 23, 2019
A bunch of big companies have agreed to pony up $10 million each to take part, and it is easy to see why: On some reasonable-sounding assumptions about its takeup, it could be insanely profitable in real money, too.
|
|
Jun 23, 2019
The outcome of a vote by Nissan shareholders this week could help determine whether Fiat Chrysler Automobiles and Renault can revive their $40 billion merger talks.
|
|
Jun 23, 2019
Some restaurant operators are pushing back against fees charged by delivery companies, turning up the heat on young businesses already wrestling with rivals in a crowded market for bringing food to people's doors.
|
|
Private Label