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

Wall Street Journal - 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

Wall Street Journal - 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

Wall Street Journal - 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

Wall Street Journal - 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

Wall Street Journal - 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

Wall Street Journal - 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

Wall Street Journal - 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

Wall Street Journal - 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

Wall Street Journal - 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

Wall Street Journal - 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

Wall Street Journal - 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

Wall Street Journal - 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

Wall Street Journal - 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

Wall Street Journal - 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

Wall Street Journal - 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

Wall Street Journal - 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

Wall Street Journal - 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

Wall Street Journal - 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

Wall Street Journal - 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

Wall Street Journal - 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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