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Updated: 3 hours 58 min ago

Apple Set To Pay Big Tax Bill, Touts U.S. Spending

Wed, 2018-01-17 22:52
Apple Set To Pay Big Tax Bill, Touts U.S. Spending

Apple Inc. said it would pay a one-time tax of $38 billion on its overseas cash holdings and ramp up spending in the U.S., as it seeks to emphasize its contributions to the American economy after years of taking criticism for outsourcing manufacturing to China.

Apple Set To Pay Big Tax Bill, Touts U.S. Spending

Apple Inc. said it would pay a one-time tax of $38 billion on its overseas cash holdings and ramp up spending in the U.S., as it seeks to emphasize its contributions to the American economy after years of taking criticism for outsourcing manufacturing to China.

Categories: Business

China Housing Market Cools As Beijing Tries to Curb Risk

Tue, 2018-01-16 20:49
China Housing Market Cools As Beijing Tries to Curb Risk

BEIJING—China’s housing market has defied gravity and government restraints for two years, floating on a tide of bank loans and speculation. Until now.

China Housing Market Cools As Beijing Tries to Curb Risk

BEIJING—China’s housing market has defied gravity and government restraints for two years, floating on a tide of bank loans and speculation. Until now.

Categories: Business

There Is One Place on Earth Where Everyone Still Loves Kmart

Tue, 2018-01-16 20:47
There Is One Place on Earth Where Everyone Still Loves Kmart

The Kmart store in Guam is located 6,000 miles west of California in the Pacific Ocean, well past the easy reach of Target, Wal-Mart or Amazon Prime.

There Is One Place on Earth Where Everyone Still Loves Kmart

The Kmart store in Guam is located 6,000 miles west of California in the Pacific Ocean, well past the easy reach of Target, Wal-Mart or Amazon Prime.

Categories: Business

GE Puts a Breakup on the Table

Tue, 2018-01-16 20:47
GE Puts a Breakup on the Table

General Electric Co. is considering breaking itself apart, a dramatic move that would mark the end of one of the oldest and largest U.S. conglomerates.

GE Puts a Breakup on the Table

General Electric Co. is considering breaking itself apart, a dramatic move that would mark the end of one of the oldest and largest U.S. conglomerates.

Categories: Business

The Antitrust Case Against America's Technology Behemoths

Tue, 2018-01-16 20:45
The Antitrust Case Against America’s Technology Behemoths

Standard Oil Co. and American Telephone and Telegraph Co. were the technological titans of their day, commanding more than 80% of their markets.

The Antitrust Case Against America’s Technology Behemoths

Standard Oil Co. and American Telephone and Telegraph Co. were the technological titans of their day, commanding more than 80% of their markets.

Categories: Business

Disputes Threaten Deal on Dreamers, Shutdown

Tue, 2018-01-16 20:45
Disputes Threaten Deal on Dreamers, Shutdown

WASHINGTON—Senators worked Tuesday to salvage a bipartisan plan to protect “Dreamers”—young undocumented immigrants brought to the U.S. by their parents—as the divide grew over an immigration deal seen as key to avoiding a government shutdown this weekend.

Disputes Threaten Deal on Dreamers, Shutdown

WASHINGTON—Senators worked Tuesday to salvage a bipartisan plan to protect “Dreamers”—young undocumented immigrants brought to the U.S. by their parents—as the divide grew over an immigration deal seen as key to avoiding a government shutdown this weekend.

Categories: Business

Spotify Challenges Bankers On IPOs

Mon, 2018-01-15 23:02
Spotify Challenges Bankers On IPOs

Spotify AB upended the world of music with its popular streaming service. Now it is threatening to do the same to Wall Street.

Spotify Challenges Bankers On IPOs

Spotify AB upended the world of music with its popular streaming service. Now it is threatening to do the same to Wall Street.

Categories: Business

Platinum, Its Use In Industry Under Threat, Faces Crisis

Mon, 2018-01-15 23:01
Platinum, Its Use In Industry Under Threat, Faces Crisis

MUMBAI—A TV commercial shows an Indian couple eyeing each other nervously, surrounded by the family members who arranged their marriage. During a tour of the wedding hall, the couple realizes they have fallen in love.

Platinum, Its Use In Industry Under Threat, Faces Crisis

MUMBAI—A TV commercial shows an Indian couple eyeing each other nervously, surrounded by the family members who arranged their marriage. During a tour of the wedding hall, the couple realizes they have fallen in love.

Categories: Business

Dads Are Manning Up With Military-Style Baby Gear

Mon, 2018-01-15 22:59
Dads Are Manning Up With Military-Style Baby Gear

When Brandon Evans strolls around the streets of Charleston, S.C., he wears what looks like a coyote-brown armored vest. Slung over his shoulder is a bag to which he attached a patch with the word “happens” underneath a steaming pile of excrement.

Dads Are Manning Up With Military-Style Baby Gear

When Brandon Evans strolls around the streets of Charleston, S.C., he wears what looks like a coyote-brown armored vest. Slung over his shoulder is a bag to which he attached a patch with the word “happens” underneath a steaming pile of excrement.

Categories: Business

U.S. Plans New Nuclear Weapons

Mon, 2018-01-15 22:59
U.S. Plans New Nuclear Weapons

WASHINGTON—The Pentagon is planning to develop two new sea-based nuclear weapons to respond to Russia and China’s growing military capabilities, according to a sweeping Defense Department review of nuclear strategy.

U.S. Plans New Nuclear Weapons

WASHINGTON—The Pentagon is planning to develop two new sea-based nuclear weapons to respond to Russia and China’s growing military capabilities, according to a sweeping Defense Department review of nuclear strategy.

Categories: Business

Kushner Was Told of Security Risk From Wendi Murdoch Friendship

Mon, 2018-01-15 22:58
Kushner Was Told of Security Risk From Wendi Murdoch Friendship

WASHINGTON—U.S. counterintelligence officials in early 2017 warned Jared Kushner, President Donald Trump’s son-in-law and senior adviser, that Wendi Deng Murdoch, a prominent Chinese-American businesswoman, could be using her close friendship with Mr. Kushner and his wife, Ivanka Trump, to further the interests of the Chinese government, according to people familiar with the matter.

Kushner Was Told of Security Risk From Wendi Murdoch Friendship

WASHINGTON—U.S. counterintelligence officials in early 2017 warned Jared Kushner, President Donald Trump’s son-in-law and senior adviser, that Wendi Deng Murdoch, a prominent Chinese-American businesswoman, could be using her close friendship with Mr. Kushner and his wife, Ivanka Trump, to further the interests of the Chinese government, according to people familiar with the matter.

Categories: Business

An Opera Lost Its Soprano--- It Had 36 Hours to Find Another

Fri, 2018-01-12 23:28
Singer Sabina Puértolas was buying groceries in Madrid when her agent called with a question. Would she like to perform one of opera’s most prestigious roles on a world-famous stage?
Categories: Business

Trump Lawyer Paid Porn Star

Fri, 2018-01-12 23:27
A lawyer for President Donald Trump arranged a $130,000 payment to a former adult-film star a month before the 2016 election as part of an agreement that precluded her from publicly discussing an alleged sexual encounter with Mr. Trump, according to people familiar with the matter.
Categories: Business

What's News: World-Wide

Fri, 2018-01-12 23:27
The Trump administration vowed to pull out of the Iran nuclear deal unless there are substantial changes and imposed separate sanctions on Tehran.
Categories: Business

Parents' Dilemma: When to Give the Children Smartphones

Fri, 2018-01-12 23:22
BOSTON—Gabriel Krause-Grosman, 12 years old, spent family dinners for the greater part of a year on a smartphone offensive. He hounded. He pleaded. All his friends had one, he prodded. Yet his parents stood firm.
Categories: Business

What's News: Business & Finance

Fri, 2018-01-12 23:21
JPMorgan and Wells Fargo reported results that were roiled by the tax overhaul but forecast the changes will bolster future profits.
Categories: Business

Banks Upbeat As Taxes Muddy Earnings

Fri, 2018-01-12 23:21
JPMorgan Chase & Co. and Wells Fargo & Co. posted fourth-quarter earnings that were roiled by the recent tax overhaul but forecast the changes will bolster future profits and stoke the broader U.S. economy.
Categories: Business

U.S. Warns Over Iran Deal

Fri, 2018-01-12 23:21
The Trump administration vowed on Friday to pull out of the landmark 2015 Iran nuclear accord without substantial changes to it, setting the clock ticking on tough negotiations with Washington’s European allies.
Categories: Business

TV Takes Star Turn in AT&T Case

Thu, 2018-01-11 22:53
TV Takes Star Turn in AT&T Case

The government is focusing on the TV market in preparing for its antitrust fight over AT&T Inc.’s $85 billion takeover of Time Warner Inc., and much of its evidence is coming from the companies’ video rivals.

TV Takes Star Turn in AT&T Case

The government is focusing on the TV market in preparing for its antitrust fight over AT&T Inc.’s $85 billion takeover of Time Warner Inc., and much of its evidence is coming from the companies’ video rivals.

Categories: Business

The Spark Behind Iran's Unrest: Defrauded Investors

Thu, 2018-01-11 22:53
The Spark Behind Iran’s Unrest: Defrauded Investors

The call to protest came through a group channel on the smartphone app Telegram. Younes, a 42-year-old accountant at a saffron-importing company, like most of the group’s thousand or so members, had lost his savings when a financial firm promising huge returns went bankrupt amid bad investments and corruption.

The Spark Behind Iran’s Unrest: Defrauded Investors

The call to protest came through a group channel on the smartphone app Telegram. Younes, a 42-year-old accountant at a saffron-importing company, like most of the group’s thousand or so members, had lost his savings when a financial firm promising huge returns went bankrupt amid bad investments and corruption.

Categories: Business

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