Business

Auto Sales Take a Tumble

Wall Street Journal - Wed, 2018-01-03 21:15
Auto Sales Take a Tumble

DETROIT—The U.S. auto industry suffered its first annual sales decline since the financial crisis eight years ago, but a streak of strong profits is expected to overshadow a slowdown in dealership traffic.

Auto Sales Take a Tumble

DETROIT—The U.S. auto industry suffered its first annual sales decline since the financial crisis eight years ago, but a streak of strong profits is expected to overshadow a slowdown in dealership traffic.

Categories: Business

Fancy Coffee Shops Say It's Over for the 'Pour Over'

Wall Street Journal - Tue, 2018-01-02 20:34
Fancy Coffee Shops Say It’s Over for the ‘Pour Over’

At a Philz Coffee shop in Pasadena, Calif., a barista carefully fits a paper filter into a canister, adds ground coffee to it and then, with one arm raised above his head, slowly lowers his arm while pouring hot water over the grounds.

Fancy Coffee Shops Say It’s Over for the ‘Pour Over’

At a Philz Coffee shop in Pasadena, Calif., a barista carefully fits a paper filter into a canister, adds ground coffee to it and then, with one arm raised above his head, slowly lowers his arm while pouring hot water over the grounds.

Categories: Business

Iran Role Abroad Fuels Ire at Home

Wall Street Journal - Tue, 2018-01-02 20:34
Iran Role Abroad Fuels Ire at Home

Iran’s costly efforts to project power beyond its borders in the wider Middle East are exacting a political price at home, with arrests and deaths multiplying as antigovernment demonstrations persisted into a sixth day Tuesday.

Iran Role Abroad Fuels Ire at Home

Iran’s costly efforts to project power beyond its borders in the wider Middle East are exacting a political price at home, with arrests and deaths multiplying as antigovernment demonstrations persisted into a sixth day Tuesday.

Categories: Business

Billionaire Wagers Millions On Bitcoin

Wall Street Journal - Tue, 2018-01-02 20:34
Billionaire Wagers Millions On Bitcoin

One of the biggest names in Silicon Valley is placing a moonshot bet on bitcoin.

Billionaire Wagers Millions On Bitcoin

One of the biggest names in Silicon Valley is placing a moonshot bet on bitcoin.

Categories: Business

Nipped by Upstarts, Unilever Decides To Imitate Them

Wall Street Journal - Tue, 2018-01-02 20:34
Nipped by Upstarts, Unilever Decides To Imitate Them

The world’s biggest brands are under siege from an army of insurgents. Unilever PLC, the maker of Dove soap and Hellmann’s mayonnaise, is fighting back with guerrilla tactics of its own.

Nipped by Upstarts, Unilever Decides To Imitate Them

The world’s biggest brands are under siege from an army of insurgents. Unilever PLC, the maker of Dove soap and Hellmann’s mayonnaise, is fighting back with guerrilla tactics of its own.

Categories: Business

Tech Stocks Surge Into New Year

Wall Street Journal - Tue, 2018-01-02 20:34
Tech Stocks Surge Into New Year

The Nasdaq Composite Index closed above 7000 for the first time Tuesday after racing to a fresh 1,000-point milestone in just over eight months—a pace not seen since the heights of the dot-com technology boom.

Tech Stocks Surge Into New Year

The Nasdaq Composite Index closed above 7000 for the first time Tuesday after racing to a fresh 1,000-point milestone in just over eight months—a pace not seen since the heights of the dot-com technology boom.

Categories: Business

Pensions Keep Up Costly Market Bets

Wall Street Journal - Mon, 2018-01-01 21:36
Pensions Keep Up Costly Market Bets

The largest U.S. public pension fund debated in December whether to sell more than $50 billion in stocks as global markets raced higher. In the end, the board of the California Public Employees’ Retirement System decided it was fine to hold more.

Pensions Keep Up Costly Market Bets

The largest U.S. public pension fund debated in December whether to sell more than $50 billion in stocks as global markets raced higher. In the end, the board of the California Public Employees’ Retirement System decided it was fine to hold more.

Categories: Business

Caterpillar Clashes With IRS

Wall Street Journal - Mon, 2018-01-01 21:36
Caterpillar Clashes With IRS

More than a decade before federal agents arrived at Caterpillar Inc. in March with search warrants, an anonymous employee claimed in a letter to its chief executive that something was wrong about how the heavy-machinery maker used a subsidiary in Switzerland to shrink its tax bill.

Caterpillar Clashes With IRS

More than a decade before federal agents arrived at Caterpillar Inc. in March with search warrants, an anonymous employee claimed in a letter to its chief executive that something was wrong about how the heavy-machinery maker used a subsidiary in Switzerland to shrink its tax bill.

Categories: Business

Trump Backs Protests In Iran

Wall Street Journal - Mon, 2018-01-01 21:36
Trump Backs Protests In Iran

The biggest wave of protests to hit Iran in almost a decade has backed the country’s leaders into a corner, and the Trump administration is increasing the pressure by threatening fresh sanctions if the government forcefully cracks down on the demonstrations.

Trump Backs Protests In Iran

The biggest wave of protests to hit Iran in almost a decade has backed the country’s leaders into a corner, and the Trump administration is increasing the pressure by threatening fresh sanctions if the government forcefully cracks down on the demonstrations.

Categories: Business

Sluggish Wages See Uptick

Wall Street Journal - Mon, 2018-01-01 21:36
Sluggish Wages See Uptick

MINNEAPOLIS—In U.S. cities with the tightest labor markets, workers are finding something that has long been missing from the broader economic expansion: faster-growing paychecks.

Sluggish Wages See Uptick

MINNEAPOLIS—In U.S. cities with the tightest labor markets, workers are finding something that has long been missing from the broader economic expansion: faster-growing paychecks.

Categories: Business

What's in Those Leftover Holiday Shipping Boxes? Cats

Wall Street Journal - Mon, 2018-01-01 21:36
What’s in Those Leftover Holiday Shipping Boxes? Cats

Like most cats, Ricky and Rocky love boxes.

What’s in Those Leftover Holiday Shipping Boxes? Cats

Like most cats, Ricky and Rocky love boxes.

Categories: Business

What's News: World-Wide

Wall Street Journal - Fri, 2017-12-29 23:31
China and the U.S. clashed over a U.S. push to blacklist cargo ships for violating North Korea sanctions, including a vessel seized by South Korea.
Categories: Business

What's News: Business & Finance

Wall Street Journal - Fri, 2017-12-29 23:29
Goldman said it would take a $5 billion earnings charge related to the recent tax overhaul, a one-time jolt expected to be followed by a longer-term windfall from lower rates.
Categories: Business

Companies Discover Campaign-Finance Loophole

Wall Street Journal - Fri, 2017-12-29 20:46
In October 2014, the Republican Governors Association needed help in Maryland, where the gubernatorial race was tight. So it called Mountaire Corp., one of America’s largest suppliers of chicken products.
Categories: Business

Corks Pop, and So Do Tempers, Over Who Can Make Champagne

Wall Street Journal - Fri, 2017-12-29 20:46
An invisible line separates the backwater town of Ventelay, France, from the bubbly opulence of Champagne.
Categories: Business

U.S.-China Tensions Escalate

Wall Street Journal - Fri, 2017-12-29 20:46
WASHINGTON—Beijing and Washington clashed over a U.S. push to blacklist cargo ships for violating international sanctions against North Korea, including one vessel South Korea said it seized after an illegal transfer of oil.
Categories: Business

GoldmanTakes Big Charge on Tax Plan

Wall Street Journal - Fri, 2017-12-29 20:46
Goldman Sachs Group Inc. said Friday it would take a $5 billion earnings charge related to the recent tax overhaul, a one-time jolt expected to be followed by a longer-term windfall from lower rates.
Categories: Business

Record Run Defies Skeptics

Wall Street Journal - Fri, 2017-12-29 20:44
The Dow Jones Industrial Average posted its second-biggest yearly gain of the past decade in 2017, rising a surprising 25%.
Categories: Business

SoftBank Grabs Uber Stake

Wall Street Journal - Thu, 2017-12-28 20:38
SoftBank Grabs Uber Stake

SoftBank Group Corp. won its bid to buy a major stake in Uber Technologies Inc. at a steep discount to the company’s previous valuation in a deal that gives the world’s biggest tech investor sway over the most valuable U.S. startup.

SoftBank Grabs Uber Stake

SoftBank Group Corp. won its bid to buy a major stake in Uber Technologies Inc. at a steep discount to the company’s previous valuation in a deal that gives the world’s biggest tech investor sway over the most valuable U.S. startup.

Categories: Business

Insurers Poised to Raise Rates

Wall Street Journal - Thu, 2017-12-28 20:38
Insurers Poised to Raise Rates

One of the costliest years for natural disasters puts some U.S. insurers in a position to do what they haven’t done in years: raise prices.

Insurers Poised to Raise Rates

One of the costliest years for natural disasters puts some U.S. insurers in a position to do what they haven’t done in years: raise prices.

Categories: Business

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