Business

Wall Street Fines Tumble

Wall Street Journal - Mon, 2017-08-07 00:04
Wall Street Fines Tumble

Wall Street regulators have imposed far lower penalties in total in the first six months of Donald Trump’s presidency than they did during the first six months of 2016, a comparable period in the Obama administration, according to a Wall Street Journal analysis.

Wall Street Fines Tumble

Wall Street regulators have imposed far lower penalties in total in the first six months of Donald Trump’s presidency than they did during the first six months of 2016, a comparable period in the Obama administration, according to a Wall Street Journal analysis.

Categories: Business

What's News: Business & Finance

Wall Street Journal - Mon, 2017-08-07 00:04
What’s News: Business & Finance

Wall Street regulators imposed far lower penalties in the first six months of Trump’s presidency than they did during the first half of 2016.

What’s News: Business & Finance

Wall Street regulators imposed far lower penalties in the first six months of Trump’s presidency than they did during the first half of 2016.

Categories: Business

Recess, Full Plate Keep Heat On GOP

Wall Street Journal - Mon, 2017-08-07 00:04
Recess, Full Plate Keep Heat On GOP

Congressional Republicans plan to use the next four weeks away from Washington making a public case for a sweeping rewrite of the tax code, an ambitious legislative undertaking they hope will heal divisions that opened when the party’s signature health-care bill collapsed.

Recess, Full Plate Keep Heat On GOP

Congressional Republicans plan to use the next four weeks away from Washington making a public case for a sweeping rewrite of the tax code, an ambitious legislative undertaking they hope will heal divisions that opened when the party’s signature health-care bill collapsed.

Categories: Business

What's News: Business & Finance

Wall Street Journal - Fri, 2017-08-04 23:47
The U.S. in July posted a record 82nd straight month of job creation and an unemployment rate at a 16-year low, despite slow growth in output. The Dow rose 66.71 to a fresh record of 22092.81, buoyed by the jobs report.
Categories: Business

ADP Fires First Salvo In Battle With Ackman

Wall Street Journal - Fri, 2017-08-04 23:47
Automatic Data Processing Inc. fired an unusual broadside against activist investor William Ackman Friday, taking the first strike in what is shaping up to be a nasty fight over the human-resources software giant’s leadership.
Categories: Business

Sorry, We Don't Employ Anyone Named Iron Man

Wall Street Journal - Fri, 2017-08-04 23:47
Rich DiBernardo thought it would be fun to name his company iniTech after the awful corporation in Mike Judge’s cult classic “Office Space.” Then came the TPS reports.
Categories: Business

Ex-Drug Executive Shkreli Convicted Of Fraud

Wall Street Journal - Fri, 2017-08-04 23:47
Martin Shkreli, the bad-boy drug executive widely scorned for jacking up the price of a life-saving AIDS drug, was convicted Friday of securities fraud involving two hedge funds he managed and a company he founded.
Categories: Business

What's News: World-Wide

Wall Street Journal - Fri, 2017-08-04 23:46
Sessions promised to crack down on leakers of classified information and said the Justice Department would review policies on subpoenaing news organizations.
Categories: Business

The West Wing's New Sheriff

Wall Street Journal - Fri, 2017-08-04 23:46
WASHINGTON—In the Oval Office earlier this week, a small group of senior officials talked with President Donald Trump about plans to take on Beijing over intellectual-property theft. When a side debate broke out between two top aides, the new White House chief of staff ordered the pair out of the room.
Categories: Business

Record Jobs Run Fuels Economy

Wall Street Journal - Fri, 2017-08-04 23:46
The U.S. economy is hitting a sweet spot seldom seen in past expansions, posting in July a record 82nd straight month of job creation and an unemployment rate at a 16-year low, despite slow growth in output.
Categories: Business

Oil's $100 Million Man Pays Price for Bad Bets

Wall Street Journal - Fri, 2017-08-04 00:17
Oil’s $100 Million Man Pays Price for Bad Bets

Andrew Hall, a legendary trader who made billions betting on oil’s rise, is shutting down his hedge fund after he misjudged the impact of a boom in U.S. production that upended the market.

Oil’s $100 Million Man Pays Price for Bad Bets

Andrew Hall, a legendary trader who made billions betting on oil’s rise, is shutting down his hedge fund after he misjudged the impact of a boom in U.S. production that upended the market.

Categories: Business

A Bloke at a Pub in Penzance, Was Tossed for His Dirty Parlance

Wall Street Journal - Fri, 2017-08-04 00:17
A Bloke at a Pub in Penzance, Was Tossed for His Dirty Parlance

LONDON—One afternoon last week at The Cock Tavern, Allan Gow and Callum Herod were on a rant about how “bollocks” shouldn’t be classified as an unacceptable word.

A Bloke at a Pub in Penzance, Was Tossed for His Dirty Parlance

LONDON—One afternoon last week at The Cock Tavern, Allan Gow and Callum Herod were on a rant about how “bollocks” shouldn’t be classified as an unacceptable word.

Categories: Business

Drug Giant's Stock Tumbles on Outlook

Wall Street Journal - Fri, 2017-08-04 00:17
Drug Giant’s Stock Tumbles on Outlook

The world’s biggest seller of generic drugs lost a quarter of its market value Thursday as concerns mounted about the future of the company, which has no chief executive and is struggling under the weight of an acquisition streak.

Drug Giant’s Stock Tumbles on Outlook

The world’s biggest seller of generic drugs lost a quarter of its market value Thursday as concerns mounted about the future of the company, which has no chief executive and is struggling under the weight of an acquisition streak.

Categories: Business

What's News: World-Wide

Wall Street Journal - Fri, 2017-08-04 00:17
What’s News: World-Wide

Mueller has impaneled a grand jury in Washington to investigate Russia’s interference in the 2016 elections, a sign his inquiry is growing in intensity and entering a new phase.

What’s News: World-Wide

Mueller has impaneled a grand jury in Washington to investigate Russia’s interference in the 2016 elections, a sign his inquiry is growing in intensity and entering a new phase.

Categories: Business

Uber Knowingly Leased Unsafe Cars to Drivers

Wall Street Journal - Fri, 2017-08-04 00:17
Uber Knowingly Leased Unsafe Cars to Drivers

Uber driver Koh Seng Tian had just dropped off a passenger in a residential neighborhood in Singapore when he smelled smoke in his Honda Vezel sport-utility vehicle. Flames burst from the dashboard, melting the interior and cracking a football-sized hole in his windshield.

Uber Knowingly Leased Unsafe Cars to Drivers

Uber driver Koh Seng Tian had just dropped off a passenger in a residential neighborhood in Singapore when he smelled smoke in his Honda Vezel sport-utility vehicle. Flames burst from the dashboard, melting the interior and cracking a football-sized hole in his windshield.

Categories: Business

What's News: Business & Finance

Wall Street Journal - Fri, 2017-08-04 00:17
What’s News: Business & Finance

Teva lost a quarter of its market value as concerns mounted about the future of the generic-drug firm and Allergan said it planned sell its stake.

What’s News: Business & Finance

Teva lost a quarter of its market value as concerns mounted about the future of the generic-drug firm and Allergan said it planned sell its stake.

Categories: Business

Mueller Impanels Grand Jury for Probe

Wall Street Journal - Fri, 2017-08-04 00:17
Mueller Impanels Grand Jury for Probe

Special Counsel Robert Mueller has impaneled a grand jury in Washington to investigate Russia’s interference in the 2016 elections, a sign that his inquiry is growing in intensity and entering a new phase, according to people familiar with the matter.

Mueller Impanels Grand Jury for Probe

Special Counsel Robert Mueller has impaneled a grand jury in Washington to investigate Russia’s interference in the 2016 elections, a sign that his inquiry is growing in intensity and entering a new phase, according to people familiar with the matter.

Categories: Business

Dow Hits 22000, Powered by Apple

Wall Street Journal - Thu, 2017-08-03 00:46
Dow Hits 22000, Powered by Apple

The Dow Jones Industrial Average topped 22000 on Wednesday, reaching another milestone in the long bull market as investors bet that a resurgent global economy can offset lukewarm U.S. growth.

Dow Hits 22000, Powered by Apple

The Dow Jones Industrial Average topped 22000 on Wednesday, reaching another milestone in the long bull market as investors bet that a resurgent global economy can offset lukewarm U.S. growth.

Categories: Business

In U.S. First, Scientists Edit Out Gene Defect

Wall Street Journal - Thu, 2017-08-03 00:45
In U.S. First, Scientists Edit Out Gene Defect

For the first time in the U.S., researchers said they had edited viable human embryos to correct a disease-causing defect, avoiding problems that plagued previous efforts and stoking concerns that advances in the lab are outpacing public discussion about the ethics of gene editing.

In U.S. First, Scientists Edit Out Gene Defect

For the first time in the U.S., researchers said they had edited viable human embryos to correct a disease-causing defect, avoiding problems that plagued previous efforts and stoking concerns that advances in the lab are outpacing public discussion about the ethics of gene editing.

Categories: Business

Millennial TV Viewers Discover a Miracle Gadget: the Antenna

Wall Street Journal - Thu, 2017-08-03 00:45
Millennial TV Viewers Discover a Miracle Gadget: the Antenna

Dan Sisco has discovered a technology that allows him to access half a dozen major TV channels, completely free.

Millennial TV Viewers Discover a Miracle Gadget: the Antenna

Dan Sisco has discovered a technology that allows him to access half a dozen major TV channels, completely free.

Categories: Business

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