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Wall Street Journal US Business
Dec 12, 2017

U.S. Producer Prices Rose Robustly in November
A gauge of U.S. business prices rose in November, pointing to emerging inflation pressure in the economy.

Wall Street Journal US Business
Dec 12, 2017

How North Korea's Global Financing Web Works Around Sanctions
Researchers have identified a number of business transactions that they say show North Korea''s international financing web is more sophisticated than what was previously known.

Wall Street Journal US Business
Dec 12, 2017

A Late 2017 Tax Plan Could Spell Trouble for Your 2018 Paycheck
The largest payroll group in America is raising a big concern about the new tax plan: There simply isn''t enough time to figure out withholding for 2018.

Wall Street Journal US Business
Dec 12, 2017

Cuomo Points to Tech Companies After New York Bombing Attempt
The immigrant who tried to set off a bomb strapped to his body in one of New York City''s busiest transit hubs Monday morning downloaded information from the internet on how to build such a device, according to New York Gov. Andrew Cuomo.

Wall Street Journal US Business
Dec 12, 2017

Saudi Aramco Ramps Up Spending to Over $40 Billion a Year
Saudi Arabian Oil Co. unveiled a plan to invest more than $40 billion a year in projects over the next decade, a significant expansion for the world''s largest energy company ahead of its expected public listing in 2018.

Wall Street Journal US Business
Dec 12, 2017

Forties Pipeline System Carrying Brent Crude to Be Shut for Weeks
One of Europe''s most important oil pipeline systems will be shut down for a 'matter of weeks,' said owner Ineos, sending a jolt into international oil prices as traders contemplated the loss of some North Sea oil supplies.

Wall Street Journal US Business
Dec 12, 2017

Thai Tycoon Makes Frothy Offer for Stake in Vietnam's Largest Brewer
One of Thailand''s richest tycoons is looking to buy a quarter of Vietnam''s largest beer maker in a deal worth at least $2.25 billion, making his company the sole bidder wanting to buy a substantial stake.

Wall Street Journal US Business
Dec 12, 2017

GE Probed Who Knew About Spare Jet for Immelt
General Electric Co. recently conducted an internal review into the flying of a spare business jet to accompany former Chief Executive Jeff Immelt, as it seeks to understand an unusual practice that went on for years and surprised investors when they learned of it in October.

Wall Street Journal US Business
Dec 12, 2017

Unemployment Back to Precrisis Level in Rich Countries
The rate of unemployment across the world''s developed economies finally returned to its pre-crisis level in October, according to the Organization for Economic Cooperation and Development.

Wall Street Journal US Business
Dec 12, 2017

Mall Operator Westfield Agrees to Takeover Bid Valued at $16 Billion
Westfield, the Australia-based operator of shopping malls in the U.S., said it agreed to a takeover offer from European property company Unibail-Rodamco valuing it at $15.7 billion.

Wall Street Journal US Business
Dec 12, 2017

Atos Makes $5 Billion Offer to Buy Gemalto
French IT services firm Atos is making an unsolicited bid to buy smart-card maker Gemalto, part of a broader wave of deals in the payment space as rivals join forces to cut costs.

Wall Street Journal US Business
Dec 12, 2017

Mall Operator Westfield Agrees to Takeover Bid Valuing It at $15.7 Billion
Westfield, the Australia-based operator of shopping malls in the U.S., said it agreed to a takeover offer from European property company Unibail-Rodamco valuing it at $15.7 billion.

Wall Street Journal US Business
Dec 12, 2017

Toshiba and Western Digital Resolve Dispute Over Chip Unit
Toshiba and Western Digital agreed to settle a dispute over the Japanese company''s planned sale of its memory-chip unit, clearing a major hurdle to the nearly $18 billion deal.

Wall Street Journal US Business
Dec 12, 2017

NFL Network Suspends Three Former Players After Sexual-Harassment Allegations
The NFL Network has suspended three members of its on-air team—Marshall Faulk, Ike Taylor and Heath Evans—in response to allegations of sexual harassment made in a lawsuit by a former employee.

Wall Street Journal US Business
Dec 12, 2017

Thai Tycoon Makes Frothy Offer for Stake in Vietnam's Largest Beer Maker
One of Thailand''s richest tycoons is looking to buy a quarter of Vietnam''s largest beer maker in a deal worth at least $2.25 billion, making his company the sole bidder wanting to buy a substantial stake.

Wall Street Journal US Business
Dec 11, 2017

Celebrity Chef Mario Batali Accused of Sexual Misconduct
Mario Batali stepped down from the day-to-day operations of his restaurant-management company, saying some of his behavior ‘was wrong and there are no excuses.''

Wall Street Journal US Business
Dec 11, 2017

As the Fed Deliberates, Amazon Is Making Its Job More Difficult
Web-driven comparison shoppers are keeping a lid on inflation and weakening retailers'' pricing power, complicating the Federal Reserve''s deliberations on how much and how fast to raise interest rates.

Wall Street Journal US Business
Dec 11, 2017

Samsung Heavy Industries Replaces CEO After Warning of Losses
Samsung Heavy Industries, the world''s third-largest shipyard by capacity, replaced its chief executive after warning of heavy losses that wiped away nearly a third of its market value.

Wall Street Journal US Business
Dec 11, 2017

Comcast No Longer Reviewing Deal For 21st Century Fox Assets
Comcast Corp. said it is no longer pursuing a deal to acquire several key media and entertainment assets from 21st Century Fox.

Wall Street Journal US Business
Dec 11, 2017

Atos Offering $5 Billion for Gemalto
French IT services firm Atos SA is making an unsolicited bid to buy smart-card maker Gemalto NV, part of a broader wave of deals in the payment space as rivals join forces to cut costs.

Wall Street Journal US Business
Dec 11, 2017

Want to See a World Without Net Neutrality? Look at These Old Cellphone Plans
With rules governing internet services set to be rolled back, service providers and their detractors are envisioning new models that could translate into a wider range of fees—both lower and higher.

Wall Street Journal US Business
Dec 11, 2017

Icahn to Launch New Board Fight With Xerox
Activist investor Carl Icahn plans to launch a new board fight with Xerox in an attempt to change management of the company, his second offensive against the copy-machine maker in a roughly two-year span.

Wall Street Journal US Business
Dec 11, 2017

Apple Acquires Shazam and Its Song-Recognition App
Apple has acquired Shazam Entertainment, giving it one of the popular song-recognition apps at a time the iPhone maker is looking to boost its music-subscription service.

Wall Street Journal US Business
Dec 11, 2017

Mattel Warns of Weak Holiday Quarter, Two Weeks Before Christmas
Mattel warned of another gloomy holiday season as key brands continue to struggle and toy retailers tighten the amount of inventory they are willing to buy upfront.

Wall Street Journal US Business
Dec 11, 2017

Beijing Develops Plan to Counter Trump Tax Plan
Chinese officials are putting in place a contingency plan to combat consequences for China of U.S. tax changes as well as expected interest-rate increases by the Federal Reserve.

Wall Street Journal US Business
Dec 11, 2017

European Finance Chiefs Hit Out at U.S. Tax Plans
Europe''s five largest economies warned the U.S. its planned corporate tax reform could violate the country''s double-taxation treaties and breach world trade rules.

Wall Street Journal US Business
Dec 11, 2017

3M Sells Optical Fiber Business to Corning for $900 Million
Corning agreed to buy almost all of 3M''s optical fiber and copper cable business for $900 million.

Wall Street Journal US Business
Dec 11, 2017

Conference Board's Employment Index Fell in November
After a strong increase in October, an index that measures U.S. employment fell in November.

Wall Street Journal US Business
Dec 11, 2017

Icahn to Nominate Four to Xerox Board
Xerox said that former Icahn Capital Managing Director Jonathan Christodoro resigned from its board so that investor Carl Icahn''s organization could nominate four directors at Xerox''s annual meeting in 2018.

Wall Street Journal US Business
Dec 11, 2017

Treasury Says GOP Economic Agenda Would Pay for Tax Cuts
Treasury Department said the Republican economic agenda would generate enough economic growth to pay for the tax cuts being considered by Congress, using growth assumptions exceeding the official congressional estimates.

Wall Street Journal US Business
Dec 11, 2017

Mobile-Wireless Market Might Be Our Post Net-Neutrality World
With rules governing internet services set to be rolled back, service providers and their detractors are envisioning new models that could translate into a wider range of fees—both lower and higher.

Wall Street Journal US Business
Dec 11, 2017

Carl Icahn to Nominate Four Directors to Xerox's Board
Xerox said that former Icahn Capital Managing Director Jonathan Christodoro resigned from its board so that activist investor Carl Icahn''s organization could nominate four directors at Xerox''s annual shareholder meeting in 2018.

Wall Street Journal US Business
Dec 11, 2017

Ex-Gawker Employees Launch Crowdfunding Drive to Buy Website
Former employees of Gawker.com''s defunct publisher are raising money through a new crowdfunding campaign in a bid to purchase the blog out of bankruptcy and relaunch the website.

Wall Street Journal US Business
Dec 11, 2017

In New NFL Deal, Verizon Trades Mobile Exclusivity for Rights on Yahoo
Verizon Communications will no longer have the exclusive mobile rights to distribute the games to its wireless customers, but the $2 billion deal will expand the partnership to Verizon-owned platforms like Yahoo Sports.

Wall Street Journal US Business
Dec 11, 2017

Retailers Help Shoppers Do the Markdown Math
Department stores and other retailers have a gift or two for discount-weary holiday shoppers: they have been scaling back overlapping promotions and making price reductions easier for customers to understand.

Wall Street Journal US Business
Dec 11, 2017

Steinhoff Seeks to Shore Up Finances With Extra Advisers
Steinhoff has appointed additional outside advisers as the retail giant battles a burgeoning financial crisis that has engulfed the firm since it disclosed possible accounting irregularities last week.

Wall Street Journal US Business
Dec 11, 2017

SoftBank to Invest More in OneWeb
Japan''s SoftBank Group has agreed to invest roughly $500 million more in satellite broadband provider OneWeb, according to a person familiar with the details.

Wall Street Journal US Business
Dec 11, 2017

Steinhoff Adds Advisers After Accounting Irregularities
Steinhoff has appointed PwC to investigate accounting issues while other advisers will help to deal with lenders and assist with management.

Wall Street Journal US Business
Dec 10, 2017

The Secret to Getting Workers to Save More for Retirement
If we make it easy for people to do the right thing, more of them will do the right thing, say Richard Thaler and Shlomo Benartzi.

Wall Street Journal US Business
Dec 10, 2017

Risks From The WTO's New Power Vacuum
The world trading system confronts a new power vacuum, with out-of-date rules and no driving force spearheading any effort to update them.

Wall Street Journal US Business
Dec 10, 2017

U.S. Sets January Push for $1 Trillion Infrastructure Revamp
The White House is preparing to roll out a long-delayed infrastructure rebuilding plan in January, as?President Donald Trump''s advisers?bet that voters?want a $1 trillion road-and-bridge-building plan—even though it is opposed by some lawmakers.

Wall Street Journal US Business
Dec 10, 2017

Americans Give Trump Higher Grades on Economy Than Overall
President Donald Trump''s overall approval ratings have hit record lows, but he is getting higher marks in an important area—his handling of the economy

Wall Street Journal US Business
Dec 10, 2017

EU Officials Warn of Risk to Global Trade
European Union officials said the U.S. is threatening to cripple global commerce by undermining the World Trade Organization, ahead of a gathering of officials from 164 countries on Sunday in Buenos Aires.

Wall Street Journal US Business
Dec 10, 2017

Senate Bill's Marginal Tax Rates Could Top 100% for Some
Some high-income business owners could face marginal tax rates exceeding 100% under the Senate''s tax bill, which lawmakers rushing to write the final measure are working to prevent.

Wall Street Journal US Business
Dec 10, 2017

Qatar, Britain Finalize Deal for 24 Jet Fighters
The government of Qatar and British weapons maker BAE Systems have finalized a multibillion deal for 24 combat jets, continuing a weapons buying spree by the Middle East country.

Wall Street Journal US Business
Dec 10, 2017

Global Economy Week Ahead: U.K. Inflation; Fed, ECB and Bank of Mexico Rate Decisions
This week, central banks around the world will make their final monetary policy decisions of 2017, while a round of economic readings could help shape their outlooks going into 2018.

Wall Street Journal US Business
Dec 10, 2017

Hospital Giants in Talks to Create U.S.'s Largest Operator
Two major hospital operators are in talks about a possible merger that would create the largest U.S. hospital owner, as a series of major deals are poised to consolidate control of the health-care landscape into fewer hands.

Wall Street Journal US Business
Dec 10, 2017

Meet Your New Boss: An Algorithm
Traditional employers like General Electric are using artificial intelligence and other elements of the work-on-demand business model to manage traditional full-time workforces.

Wall Street Journal US Business
Dec 10, 2017

Disney Deal for Fox Would End Era of the 'Big Six' Studios
Walt Disney would likely significantly scale back Fox''s movie studio if the company nails down a deal to buy most of the assets of 21st Century Fox, as part of Chief Executive Robert Iger''s plan to transform the company into a direct-to-consumer digital powerhouse to rival Netflix.

Wall Street Journal US Business
Dec 10, 2017

The First Women in Tech Didn't Leave---Men Pushed Them Out
Women filled computer-programming jobs in the U.S. and U.K. after World War II, but as government and business professionalized programming, the decline of female coders began.

Wall Street Journal US Business
Dec 09, 2017

Upper East Side Townhouse In Contract for a Record $80 Million
Owned by Vincent Viola, the billionaire who was briefly President Donald Trump''s nominee for secretary of the army, the mansion may become the most expensive townhouse ever sold in New York City.

Wall Street Journal US Business
Dec 09, 2017

'It's Garage Gold': Luxe Cars Become Investment Vehicles in Persian Gulf
The Persian Gulf''s bloc of oil-exporting countries has emerged as the world''s No. 1 market for ultraluxury cars—most costing $250,000 or more—based on per capita buying.

Wall Street Journal US Business
Dec 09, 2017

Former Toshiba President Atsutoshi Nishida Dies at 73
Atsutoshi Nishida, who rose to become a president of Toshiba but saw his later years tarnished by an accounting scandal, has died at age 73.

Wall Street Journal US Business
Dec 09, 2017

How Amazon Picks Its Seemingly Random Deals of the Day
Third-party merchants slash prices and stockpile inventory in hopes Amazon.com will select their items for holiday promotion—which can boost sales all season.

Wall Street Journal US Business
Dec 08, 2017

Apple Close to Buying Shazam to Boost Music Business
Apple is close to acquiring music-identification company Shazam Entertainment in a deal that would give it ownership of a popular app with insight into people''s musical interests.

Wall Street Journal US Business
Dec 08, 2017

Boeing Gives Up on Fighter-Jet Deal With Canada
Boeing Co. said Friday it believes Canada will follow through on its threat and abandon plans to buy 18 F/A-18 Super Hornet aircraft in a $5.2 billion deal, in the latest fallout from heightened trade tensions between Ottawa and Washington.

Wall Street Journal US Business
Dec 08, 2017

Macy's Executive Chairman Lundgren to Retire
Macy''s Executive Chairman Terry Lundgren will retire next month from the board of directors, completing a transition of leadership for the department-store operator announced nearly 18 months ago.

Wall Street Journal US Business
Dec 08, 2017

Jony Ive Returns to Apple to Oversee Design Teams
Ive resumes control of industrial-design and user-interface teams, which he stepped away from to focus on development of Apple''s new headquarters.

Wall Street Journal US Business
Dec 08, 2017

Big Oil Backs Away From a Former Industry Darling
Angola was once a magnet for the world''s biggest oil companies, drawing billions of dollars in investment from BP, Exxon Mobil and others. Now, foreign companies have all but given up on new ventures there.

Wall Street Journal US Business
Dec 08, 2017

Retail Giant Steinhoff's Share Rout Raises Scrutiny of Transactions
The stock market carnage at Steinhoff International Holdings NV is raising fresh scrutiny over a set of Byzantine transactions between the global furniture retailer and related parties.

Wall Street Journal US Business
Dec 08, 2017

Hiring Surges as Logistics Firms Head Into the Holidays
Logistics companies went on a hiring spree in November to handle the holiday surge in online shopping, adding thousands of jobs picking items off shelves in warehouses and delivering packages to customers'' homes.

Wall Street Journal US Business
Dec 08, 2017

Jobs Strong But Weak Wage Growth Could Fluster Fed
The Labor Department''s robust November employment report leaves Federal Reserve officials on track to raise short-term interest rates next week but complicates their decisions on the pace of increases next year and beyond.

Wall Street Journal US Business
Dec 08, 2017

With Disney-Fox Talks, Hopes Rise for a Greenlight on Sky
If Disney or another suitor buy 21st Century Fox''s international assets, investors are betting U.K. regulators will allow the full acquisition of pay-TV operator Sky.

Wall Street Journal US Business
Dec 08, 2017

Robust Job Growth Puts U.S. on Firmest Footing in a Decade
The economy appears to be on its firmest footing in at least a decade, with hiring picking up from earlier this year and the unemployment rate holding at a 17-year low in November.

Wall Street Journal US Business
Dec 08, 2017

U.S. Consumer Sentiment Fell Again in December
A key measure of U.S. consumer sentiment slid in December for the second straight month, but continued to signal solid household confidence to close out 2017.

Wall Street Journal US Business
Dec 08, 2017

How Tesla Electrified Rivals at the L.A. Auto Show
The Silicon Valley carmaker cast a long shadow in Los Angeles as BMW, Jaguar and VW imitated the wily brand. Can their electric concepts hold their own next to Elon Musk''s Model 3, asks Dan Neil.

Wall Street Journal US Business
Dec 08, 2017

U.S. Added 228,000 Jobs in November; Rate Steady at 4.1%
U.S. employers hired workers at a strong rate in November and the unemployment rate held at a 17-year low, signs the economy is on its firmest footing in at least a decade.

Wall Street Journal US Business
Dec 08, 2017

GOP Tax Bill: Key Lawmakers to Watch
Congress completed its list of negotiators on a final tax bill Thursday, and it will be up to 29 men and women to hash out a deal. But the real number of deciders is smaller than that. Here''s a quick look at a few of the key members of the conference committee.

Wall Street Journal US Business
Dec 08, 2017

Paint Giants Still Primed for an M&A Wave
One might be forgiven for thinking that some paints just don''t mix. But despite three failed deals this year, the strategic and financial logic for mergers in the paint industry remains strong.

Wall Street Journal US Business
Dec 08, 2017

China's Exports Strengthened in November
China''s exports and imports in November both showed surprising strength—up 12.3% and 17.7% from a year earlier, respectively—underpinned by a recovering global economy and resilient domestic demand.

Wall Street Journal US Business
Dec 08, 2017

Mine the Gap: More Women Embrace Mining Careers
Commodity giant BHP Billiton Ltd. is trying to upend the macho mining culture of Australia''s remote Outback as it aims to achieve a 50%-female workforce by 2025, up from just over 20% today.

Wall Street Journal US Business
Dec 08, 2017

Uber Ties Up With Singapore Rival ComfortDelGro
Uber is selling a 51% stake in its car-rental unit in Singapore to public-transport operator ComfortDelGro for $218 million, as the two rivals come together as partners.

Wall Street Journal US Business
Dec 08, 2017

Airports Want to Raise Ticket Fees. Airlines Say No. Fight Ensues
Airports and airlines are fighting over a proposal that could bump up the taxes and fees on a typical $300 round-trip ticket to more than $70.

Wall Street Journal US Business
Dec 08, 2017

Japan's Economy Boosted by Surge in Capital Spending
Japan''s stronger-than-expected growth offers another sign that Prime Minister Shinzo Abe''s economic policies, assisted by a global upturn, may be helping the nation emerge from years of stagnation.

Wall Street Journal US Business
Dec 07, 2017

AT&T Antitrust Fight Flips the Script in Washington
AT&T''s bid to buy Time Warner is blurring some of the ideological lines that usually split free-market conservatives from liberal skeptics of big business.

Wall Street Journal US Business
Dec 07, 2017

Who's Making Sam's Club's a Hit in China? Picky Mothers
Wal-Mart Stores Inc.''s Sam''s Club warehouse stores are a hit with mothers in China seeking high-quality imported products—even as the chain has struggled in the U.S. to shed a budget-minded image.

Wall Street Journal US Business
Dec 07, 2017

Congress Passes Two-Week Spending Bill to Avoid Shutdown
The House and Senate passed a two-week stopgap spending bill, deferring until later in the month a bigger fight over what issues should be resolved before Congress adjourns for the year.

Wall Street Journal US Business
Dec 07, 2017

Caterpillar Unit Cheated Customers, Tossed Evidence Into Ocean to Hide It
United Industries, a unit of Caterpillar, admitted that it cheated customers by performing unnecessary repairs to their railcars and agreed to plead guilty to dumping brake shoes and other parts into the ocean to hide evidence, according to court documents.

Wall Street Journal US Business
Dec 07, 2017

Dockworkers Walk Out of Labor Talks
Labor negotiations between employers and unionized dockworkers at East Coast and Gulf Coast ports got off to a rocky start this week after union leaders walked out of contract-extension talks.

Wall Street Journal US Business
Dec 07, 2017

Creditors Put Toys 'R' Us Debt Under Microscope
Toys ‘R'' Us creditors are seeking permission to obtain more documents related to numerous debt transactions that took place in the years leading up to the retailer''s September bankruptcy filing.

Wall Street Journal US Business
Dec 07, 2017

Judge Sets March 19 as Start Date for AT&T-Time Warner Antitrust Trial
The judge who will be overseeing the antitrust trial involving AT&T''s proposed acquisition of Time Warner has set March 19 as the trial''s opening date, warning the two companies he cannot reach a decision by the time their merger agreement expires on April 22.

Wall Street Journal US Business
Dec 07, 2017

Fed Report Says Total Household Net Worth Rise
The total net worth of U.S. households climbed further into record territory in the third quarter of 2017, reaching $96.939 trillion as stock markets and property prices boosted Americans'' wealth.

Wall Street Journal US Business
Dec 07, 2017

U.S. Panel Locks in Final Tariffs on Canadian Softwood Lumber
The U.S. locked in final tariffs on softwood lumber from Canada, ratcheting up economic pressure with a top trading partner and showing the Trump administration''s determination to punish what it sees as unfairly traded imports.

Wall Street Journal US Business
Dec 07, 2017

GE Cuts 18% of Jobs in Power Unit After Misjudging Demand
GE said it was cutting 12,000 jobs in its power business, or nearly 20% of the unit''s workforce, as the conglomerate slashes costs and battles overcapacity in its core business.

Wall Street Journal US Business
Dec 07, 2017

Sleepy's Owner Steinhoff: Accounting Issues Could Affect $7 Billion in Assets
Steinhoff International Holdings said accounting irregularities disclosed Wednesday could affect the valuation and 'recoverability' of as much as $7.09 billion worth of assets as South Africa''s Financial Services Board starts an independent investigation into the company.

Wall Street Journal US Business
Dec 07, 2017

AT&T, Time Warner Spar With Government Over Trial Start Date
The Justice Department, AT&T and Time Warner will make their first court appearance Thursday to address a potentially important factor in the government''s antitrust case challenging the combination of the two companies—the trial schedule.

Wall Street Journal US Business
Dec 07, 2017

Auto Makers Could Face Big Fines Under New European Rules
The European Union is expanding its powers to police and fine auto makers, seeking to prevent a repeat of the diesel-emissions scandal. It is introducing spot-checks on new vehicles and penalties of up to $35,394 per non-compliant car.

Wall Street Journal US Business
Dec 07, 2017

Ford to Move Electric Car Production to Mexico
Ford plans to produce a future electric car in Mexico rather than make it in the U.S., reversing plans announced in January to make its Flat Rock, Mich., assembly plant near Detroit its main electric-vehicle production site.

Wall Street Journal US Business
Dec 07, 2017

Fed's Dudley Says High College Costs Lower Economic Mobility
College has become out of reach for large numbers of students, making it harder for them to earn more than their parents and limiting economic mobility, Federal Reserve Bank of New York President William Dudley said.

Wall Street Journal US Business
Dec 07, 2017

Sam's Club, Your Store for Premium Goods and Rare Imports (in China)
Wal-Mart Stores Inc.''s Sam''s Club warehouse stores are a hit with mothers in China seeking high-quality imported products—even as the chain has struggled in the U.S. to shed a budget-minded image.

Wall Street Journal US Business
Dec 07, 2017

Chinese Banks Face Potential Capital Shortfall, IMF Says
Chinese banks may have insufficient capital to weather potential losses from the nation''s rapidly mounting credit risks, the International Monetary Fund said, in a broad review of China''s financial system.

Wall Street Journal US Business
Dec 07, 2017

U.S. Jobless Claims Fall
The number of Americans filing applications for new unemployment benefits fell last week, signaling a strong labor market that''s continuing to tighten.

Wall Street Journal US Business
Dec 07, 2017

General Electric's Power Division to Cut 12,000 Jobs
GE said it was cutting 12,000 jobs in its power business, or nearly 20% of the unit''s workforce, as the conglomerate slashes costs and battles overcapacity in its core business.

Wall Street Journal US Business
Dec 07, 2017

China's Startups Are Only Pawns in the Game
China''s tech world doesn''t believe in the story of David and Goliath. Startups and investors are abandoning the dream that a smarter, nimbler upstart can topple a gargantuan company.

Wall Street Journal US Business
Dec 07, 2017

Anheuser-Busch Orders 40 Tesla Semi Trucks
Anheuser-Busch has reserved 40 of Tesla''s all-electric Semi trucks, as the maker of Budweiser seeks to reduce fuel costs and vehicle emissions.

Wall Street Journal US Business
Dec 07, 2017

Visa Spent a Year Developing a 'Signature Sound'
Visa is launching a signature sound people will hear when they make a payment through a mobile device or at a cash register. Some options were eliminated for sounding ‘angry'' or eliciting ‘visceral reactions.''

Wall Street Journal US Business
Dec 07, 2017

Who's Making Sam's Club a Hit in China? Picky Mothers
Wal-Mart Stores Inc.''s Sam''s Club warehouse stores are a hit with mothers in China seeking high-quality imported products—even as the chain has struggled in the U.S. to shed a budget-minded image.

Wall Street Journal US Business
Dec 07, 2017

Family Businesses Worry the Tax Overhaul Will Hurt Them
Family-owned businesses including grocery stores, craft shops, small manufacturers and others are worried tax legislation in Congress could leave them at a disadvantage to big corporations and other competitors.

Wall Street Journal US Business
Dec 07, 2017

Roche's Immunotherapy Drug Extended Patients' Lives
Roche Holding said its immunotherapy drug Tecentriq slowed the progression of lung cancer and helped patients live longer in a late-stage study, bolstering the Swiss drugmaker''s defense against a wave of cut-price competition to its top-selling medicines.

Wall Street Journal US Business
Dec 07, 2017

Wall Street Tells Frackers to Stop Counting Barrels, Start Making Profits
The shale-oil revolution boosted production and made America the world''s oil-and-gas champion. Now, shareholders are insisting producers stop counting barrels and start chasing higher returns.

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