WSJ.com: US Business
Future of Tech and Media: Waging a War for People's Time
Tue, 17 Oct 2017 21:55:58 EDT
The battle of the internet giants will expand into newer technologies and take them deeper into each otherís turf, Activate co-founder Michael Wolf said at the WSJ D.Live conference.
Roy Price Resigns as Head of Amazon Studios
Tue, 17 Oct 2017 20:46:48 EDT
Roy Price is out as head of Amazon Studios, days after details of a two-year-old accusation of sexual harassment became public.
Cutting Corporate Taxes Would Boost Workers' Income, White House Says
Mon, 16 Oct 2017 15:52:58 EDT
Cutting the U.S. corporate tax rate would boost average household income by $4,000 a year, the White House said, contradicting many economists who say shareholders and not workers would see most of the benefit from such a reduction.
IBM Revenue Drops Again
Tue, 17 Oct 2017 18:58:05 EDT
IBM had gains in its hardware and artificial-intelligence divisions in the third quarter but over all profit and sales declined, a sign the companyís drawn-out transformation still has a way to go.
An Old Fracking Hot Spot Makes a Comeback
Tue, 17 Oct 2017 16:46:37 EDT
A giant natural-gas field in Louisiana that was one of the early centers of American shale drilling is roaring back to life, boosted by a building boom of petrochemical plants, fertilizer factories and gas-export terminals along the Gulf Coast.
Trump Administration Drops Tighter Rules on Meatpackers
Tue, 17 Oct 2017 23:44:16 EDT
The U.S. Department of Agriculture has dropped efforts to tighten regulations governing how meat companiesí deal with the farmers who raise the nationís poultry and livestock.
SoftBank Venture Seeks 8,000 Cellular Sites Across U.S.
Tue, 17 Oct 2017 23:31:42 EDT
Japanese telecom giant SoftBank Group plans to form a joint venture with Australiaís Lendlease Group to build or manage about 8,000 cellular sites across the U.S., challenging tower operators that dominate the industry.
Trump Narrows Fed Leader Search to Five Candidates
Tue, 17 Oct 2017 15:49:01 EDT
President Donald Trump said he soon will choose a Federal Reserve chairman, having narrowed his search to five finalists.
When Doing Good Ends Badly for CEOs
Tue, 17 Oct 2017 18:24:47 EDT
A new study shows that socially responsible initiatives can be a double-edged sword for CEOs, helping to shield them from being ousted during more prosperous times but increasing the likelihood they would be fired in bad times.
Amazon, Apartment Landlords Strike Deals on Deliveries
Tue, 17 Oct 2017 18:36:21 EDT
Amazon is taking over the package rooms of some of the countryís largest apartment landlords, in a move that could help consolidate its control over how goods make it from the warehouse floor to the front door.
Airbus Secures Canadian Wingman in Dogfight With Boeing
Tue, 17 Oct 2017 23:44:58 EDT
Airbus and Boeing typically slug it out at air shows and on factory floors, but the rivalry took a different turn with the European groupís deal to take a majority stake in Bombardierís CSeries jet project.
U.K. Inflation Hits Five-Year High
Tue, 17 Oct 2017 12:54:07 EDT
Consumer prices in the U.K. rose in September at the fastest annual rate for more than five years, a pickup that will reinforce expectations the Bank of England could nudge up interest rates as soon as November.
North Korean Cybercriminals Implicated in Taiwan Bank Theft
Tue, 17 Oct 2017 22:16:15 EDT
A North Korea-linked cybercrime ring suspected of raiding Bangladeshís central bank last year was likely responsible for the recent theft of $60 million from a Taiwanese bank, cybersecurity researchers say.
The Other Brother: Bob Weinstein Was an Abusive Boss
Tue, 17 Oct 2017 22:00:47 EDT
Bob Weinstein hasnít been accused of the kind of sexual misconduct that led to the ouster of his brother from the production company they jointly ran. Instead, according to multiple former employees and business associates, he was a volatile and bullying executive.
U.S. Industrial Production Rose Modestly in September
Tue, 17 Oct 2017 10:14:09 EDT
U.S. industrial output picked up modestly in September, a sign a key sector of the economy is weathering the hurricane-related disruption that hit the prior month.