Business

Chief of Meatpacking Giant Steps Down After Bribes

Wall Street Journal - Fri, 2017-05-26 23:32
SÃO PAULO—The chairman of the world’s largest meat producer, JBS SA, stepped down Friday, weeks after telling prosecutors his company bribed Brazilian politicians, including President Michel Temer, in exchange for taxpayer-subsidized loans and other favors.
Categories: Business

What's News: Business & Finance

Wall Street Journal - Fri, 2017-05-26 23:32
Big companies are giving up on stock splits. Only two firms in the S&P 500 have split their shares this year, and the dearth is allowing share prices to soar.
Categories: Business

Companies Quit Share Splits

Wall Street Journal - Fri, 2017-05-26 23:32
Big companies are giving up on the stock split.
Categories: Business

Trump Readies Response To Probes

Wall Street Journal - Fri, 2017-05-26 23:32
WASHINGTON—President Donald Trump is actively discussing major changes in the White House, including having lawyers vet his tweets and shaking up his top staff, as he grapples with the fallout from probes into his campaign’s dealings with Russia, according to several senior administration officials and outside advisers.
Categories: Business

What's News: World-Wide

Wall Street Journal - Fri, 2017-05-26 23:32
Trump is actively discussing major changes in the White House, including having lawyers vet his tweets and shaking up his top staff, as he grapples with the fallout from Russia investigations.
Categories: Business

Wall Street's Endangered Species: The College Jock

Wall Street Journal - Fri, 2017-05-26 01:12
Wall Street’s Endangered Species: The College Jock

When Michael Savini came to Wall Street in 2006, banks and brokers had stocked their annual recruiting classes with a preponderance of new hires who shared at least one thing in common: They’d played college sports.

Wall Street’s Endangered Species: The College Jock

When Michael Savini came to Wall Street in 2006, banks and brokers had stocked their annual recruiting classes with a preponderance of new hires who shared at least one thing in common: They’d played college sports.

Categories: Business

aramco, Planning IPO, faces royal Tangle

Wall Street Journal - Fri, 2017-05-26 01:12
aramco, Planning IPO, faces royal Tangle

RUMAH, Saudi Arabia—To understand the deep bonds between Saudi Arabian Oil Co. and the country’s royal family, consider a $55-plus million project the state oil giant recently completed on an empty expanse of desert north of Riyadh.

aramco, Planning IPO, faces royal Tangle

RUMAH, Saudi Arabia—To understand the deep bonds between Saudi Arabian Oil Co. and the country’s royal family, consider a $55-plus million project the state oil giant recently completed on an empty expanse of desert north of Riyadh.

Categories: Business

Trump Takes Aim at Leaks

Wall Street Journal - Fri, 2017-05-26 01:12
Trump Takes Aim at Leaks

President Donald Trump, already angry about leaks from U.S. intelligence agencies, called for an investigation into how sensitive information the British shared with key allies on the Manchester terror bombing ended up in news reports.

Trump Takes Aim at Leaks

President Donald Trump, already angry about leaks from U.S. intelligence agencies, called for an investigation into how sensitive information the British shared with key allies on the Manchester terror bombing ended up in news reports.

Categories: Business

Travel Ban Ruling Sets Stage For High Court

Wall Street Journal - Fri, 2017-05-26 01:12
Travel Ban Ruling Sets Stage For High Court

A federal appeals court rejected President Donald Trump’s request to reinstate his executive order on immigration, ruling Thursday that the president's temporary ban on travelers from six Muslim-majority countries “drips with religious intolerance, animus and discrimination.”

Travel Ban Ruling Sets Stage For High Court

A federal appeals court rejected President Donald Trump’s request to reinstate his executive order on immigration, ruling Thursday that the president's temporary ban on travelers from six Muslim-majority countries “drips with religious intolerance, animus and discrimination.”

Categories: Business

Best Buy Defies Slump in Retail

Wall Street Journal - Fri, 2017-05-26 01:12
Best Buy Defies Slump in Retail

Best Buy Co., the electronics giant left for dead a few years ago, is bucking America’s retail slump by turning its cavernous stores from a potential drag on its business into a way to fend off Amazon.com Inc.

Best Buy Defies Slump in Retail

Best Buy Co., the electronics giant left for dead a few years ago, is bucking America’s retail slump by turning its cavernous stores from a potential drag on its business into a way to fend off Amazon.com Inc.

Categories: Business

What's News: World-Wide

Wall Street Journal - Fri, 2017-05-26 01:12
What’s News: World-Wide

A federal appeals court issued a sharply worded ruling rejecting Trump’s request to reinstate his revised travel ban, setting the stage for the Supreme Court to resolve the matter.

What’s News: World-Wide

A federal appeals court issued a sharply worded ruling rejecting Trump’s request to reinstate his revised travel ban, setting the stage for the Supreme Court to resolve the matter.

Categories: Business

What's News: Business & Finance

Wall Street Journal - Fri, 2017-05-26 01:11
What’s News: Business & Finance

Best Buy reported a surprise increase in quarterly revenue, bucking the retail slump by turning its stores from a potential drag on business into a way to fend off Amazon.

What’s News: Business & Finance

Best Buy reported a surprise increase in quarterly revenue, bucking the retail slump by turning its stores from a potential drag on business into a way to fend off Amazon.

Categories: Business

Whatever You Do, Don't Let Your Snapstreak End Today

Wall Street Journal - Thu, 2017-05-25 00:37
Whatever You Do, Don’t Let Your Snapstreak End Today

Bothaina Saleh has many of the typical concerns of a 25-year-old marketing manager living in Manhattan. They include her Snapstreak, which she maintains “in the same way I make sure that I brush my teeth.”

Whatever You Do, Don’t Let Your Snapstreak End Today

Bothaina Saleh has many of the typical concerns of a 25-year-old marketing manager living in Manhattan. They include her Snapstreak, which she maintains “in the same way I make sure that I brush my teeth.”

Categories: Business

U.S. Charges Four With Trading Insider Tips

Wall Street Journal - Thu, 2017-05-25 00:37
U.S. Charges Four With Trading Insider Tips

Federal prosecutors filed insider-trading charges against one of Wall Street’s best sources of tradable information from the government, accusing him of relaying a series of tips from an obscure bureaucrat inside a key health-care agency to traders at a New York hedge fund.

U.S. Charges Four With Trading Insider Tips

Federal prosecutors filed insider-trading charges against one of Wall Street’s best sources of tradable information from the government, accusing him of relaying a series of tips from an obscure bureaucrat inside a key health-care agency to traders at a New York hedge fund.

Categories: Business

J.Crew's Slip: Trusting in Design Over Tech

Wall Street Journal - Thu, 2017-05-25 00:37
J.Crew’s Slip: Trusting in Design Over Tech

Millard “Mickey” Drexler, the fashion genius whose ability to spot trends reshaped how Americans dress, has a humbling admission. He missed what might be the biggest trend of all—how quickly technology would change the retail industry.

J.Crew’s Slip: Trusting in Design Over Tech

Millard “Mickey” Drexler, the fashion genius whose ability to spot trends reshaped how Americans dress, has a humbling admission. He missed what might be the biggest trend of all—how quickly technology would change the retail industry.

Categories: Business

What's News: World-Wide

Wall Street Journal - Thu, 2017-05-25 00:37
What’s News: World-Wide

The House GOP health-overhaul bill would leave 23 million more people uninsured while reducing the federal deficit by $119 billion in the next decade compared with current law, according to a CBO estimate.

What’s News: World-Wide

The House GOP health-overhaul bill would leave 23 million more people uninsured while reducing the federal deficit by $119 billion in the next decade compared with current law, according to a CBO estimate.

Categories: Business

U.K. Suspects Terror Network

Wall Street Journal - Thu, 2017-05-25 00:37
U.K. Suspects Terror Network

A suicide bomber who killed 22 people at a Manchester pop concert likely had the help of a terror network, U.K. authorities said, and his brother confessed to a Libyan militia that the two of them belonged to Islamic State.

U.K. Suspects Terror Network

A suicide bomber who killed 22 people at a Manchester pop concert likely had the help of a terror network, U.K. authorities said, and his brother confessed to a Libyan militia that the two of them belonged to Islamic State.

Categories: Business

What's News: Business & Finance

Wall Street Journal - Thu, 2017-05-25 00:37
What’s News: Business & Finance

Prosecutors filed insider-trading charges against one of Wall Street’s best sources of tradable information from the government, accusing him of relaying tips from a bureaucrat at a key health-care agency to hedge-fund traders.

What’s News: Business & Finance

Prosecutors filed insider-trading charges against one of Wall Street’s best sources of tradable information from the government, accusing him of relaying tips from a bureaucrat at a key health-care agency to hedge-fund traders.

Categories: Business

Health-Law Tally Sets Up Senate Fight

Wall Street Journal - Thu, 2017-05-25 00:36
Health-Law Tally Sets Up Senate Fight

The health-overhaul bill approved by House Republicans would leave 23 million more people uninsured while reducing the cumulative federal deficit by $119 billion in the next decade compared with current law, according to an estimate from the Congressional Budget Office.

Health-Law Tally Sets Up Senate Fight

The health-overhaul bill approved by House Republicans would leave 23 million more people uninsured while reducing the cumulative federal deficit by $119 billion in the next decade compared with current law, according to an estimate from the Congressional Budget Office.

Categories: Business

Top Engineer Sparks Google-Uber War

Wall Street Journal - Wed, 2017-05-24 00:27
Top Engineer Sparks Google-Uber War

Anthony Levandowski, the former Google engineer at the center of a battle between the tech giant and Uber Technologies Inc., was never a typical employee. And for years, Google was fine with that.

Top Engineer Sparks Google-Uber War

Anthony Levandowski, the former Google engineer at the center of a battle between the tech giant and Uber Technologies Inc., was never a typical employee. And for years, Google was fine with that.

Categories: Business

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