US Business

US Business

GE Drops Out of the Dow After More Than a Century

Tue, 19 Jun 2018 20:02:55 EDT

General Electric will drop out of the Dow Jones Industrial Average next week, a milestone in the decline of a firm that once ranked among the mightiest of U.S. blue-chips.

Sarepta Gets Boost From Early Trial Results on Muscular Dystrophy Treatment

Tue, 19 Jun 2018 17:59:28 EDT

Sarepta Therapeutics Inc. gained about $2.5 billion of stock market value after an early stage trial of a gene therapy showed promise in its ability to treat patients with Duchenne muscular dystrophy.

Harvester of Facebook Data Wants Tighter Controls Over Privacy

Tue, 19 Jun 2018 19:13:32 EDT

An academic who was central to the misuse of Facebook data sought to turn the tables on internet companies by saying the government should step in to help prevent data-privacy scandals in the future.

Are the Tax Cuts Working? What to Watch in 12 Charts

Mon, 18 Jun 2018 17:32:45 EDT

How well is the tax cut working? Here are a dozen gauges that help reveal how well the changes are aiding businesses, workers and the broader economy.

Saudi Arabia's Economic Revamp Means More Jobs for Saudis---If Only They Wanted Them

Tue, 19 Jun 2018 19:59:24 EDT

Local companies that used to rely on expats are struggling to fill the government’s new quotas with qualified employees, given the large number of jobs Saudis refuse to do. Among the creative solutions: Saudi workers who are paid to stay home.

Tariffs Start to Ripple Their Way Through U.S. Economy

Tue, 19 Jun 2018 19:28:58 EDT

Examples of how new tariffs might ripple through the U.S. economy have already been provided by earlier, smaller rounds of tariffs imposed by the Trump administration.

Want to Rent Out Your Car? You Might Be Regulated

Tue, 19 Jun 2018 19:08:06 EDT

Is a private car rented through an app a rental car? The answer to that question, which is popping up in state legislatures and courts around the country, could determine whether peer-to-peer car-sharing services get regulated the same way as traditional car-rental companies.

Disney Names Directors of 'Up' and 'Frozen' to Head Animation Units

Tue, 19 Jun 2018 17:18:40 EDT

Walt Disney Co. is turning to the directors of two of its biggest recent hits to take over its animation divisions in the wake of John Lasseter’s exit from the company.

Fox TV Producers Issue Rare Public Criticism Fox News Commentary

Tue, 19 Jun 2018 18:09:51 EDT

Steve Levitan of ‘Modern Family’ and Seth MacFarlane of ‘Family Guy’ said they were embarrassed to work at the company that owns the cable news channel.

Trump's New Round of Tariffs Likely Will Hit Consumers Directly

Tue, 19 Jun 2018 19:37:37 EDT

President’s Donald Trump’s trade battles with China and the rest of the world have barely touched U.S. consumers so far, but that could soon change.

Oil Industry Tries to Take the Fracking Boom Global

Tue, 19 Jun 2018 11:36:27 EDT

A BP project in Oman shows how oil companies are taking fracking techniques perfected in Texas to the global stage, where they had long struggled.

Countries Face the Tricky Task of Undoing Negative Interest Rates

Tue, 19 Jun 2018 10:35:47 EDT

The longer countries wait to raise rates, the more damage it may do.

McKinsey Investments Weren't Disclosed in Bankruptcy Cases

Tue, 19 Jun 2018 16:55:55 EDT

Its retirement fund invested in hedge funds with financial interests in six bankrupt companies the consulting firm was advising.

Draghi Says ECB Could Restart Bond Buying-Program If Required

Tue, 19 Jun 2018 10:29:03 EDT

ECB President Mario Draghi signaled the bank could delay plans announced just last week to end its giant bond-buying program, underlining policy makers’ caution in phasing out easy money as the region’s economy slows.

Trade Fight With U.S. Complicates China's Campaign to Contain Debt

Tue, 19 Jun 2018 19:09:13 EDT

A bruising trade fight with the U.S. lands at a difficult time for China as its economy contends with rising headwinds, constraining President Xi Jinping’s options.

Starbucks to Close More Stores Amid Glut of Coffee Shops

Tue, 19 Jun 2018 18:40:18 EDT

Starbucks Corp. said it will close more stores in the increasingly crowded U.S. market where it was a pioneer.

Russian Trolls Weigh In on Roseanne Barr and Donald Trump Jr.

Tue, 19 Jun 2018 15:28:31 EDT

With U.S. midterm elections approaching, Russian trolls found ways to remain active on Twitter well into 2018 trying to rile up the American electorate, a Wall Street Journal analysis found.

Ford and Volkswagen Discuss Developing Vehicles Together

Tue, 19 Jun 2018 18:46:51 EDT

Ford Motor Co. and Volkswagen AG are exploring how they could work together to better compete globally as cars become more technologically advanced and customer expectations evolve.

U.S. Housing Starts Rebound in May

Tue, 19 Jun 2018 13:11:53 EDT

U.S. housing starts rebounded last month to the highest level since 2007, driven by a construction rebound in parts of the country that have lagged for much of the economic recovery as well as a lingering apartment boom.

Verizon, AT&T, Sprint to Cut Off Data Providers After Customer Locations Were Revealed

Tue, 19 Jun 2018 19:39:16 EDT

Verizon Communications, AT&T and Sprint pledged to stop sharing customer locations with two data brokers after at least one company revealed individuals’ whereabouts without their consent.

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