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US Business

Last Build Date: Thu, 25 May 2017 19:27:17 EDT

Copyright: copyright © 2017 Dow Jones & Company, Inc.

Best Buy Defies Slump in Retail

Thu, 25 May 2017 19:27:05 EDT

Best Buy, 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. image

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Ford Lures Engineer Back From Uber

Thu, 25 May 2017 17:52:05 EDT

Ford Motor Co. has wooed back a senior engineer who left the auto maker to develop autonomous vehicles at Uber Technologies Inc.image

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Appian Shares Leap 35% After IPO

Thu, 25 May 2017 13:55:31 EDT

Shares of Appian Corp., a maker of software for developing enterprise applications, jumped 35% to $16.22 after its initial public offering Thursday. image

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Saudi Aramco Struggles to Disengage From Royal Family's Whims

Thu, 25 May 2017 17:22:47 EDT

The kingdom is hoping to launch what would be the world’s largest IPO, but first it has to decide whether the oil giant will continue as a de facto arm of the monarchy. image

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Activist Investor's Pressure Builds on BHP Over Energy

Thu, 25 May 2017 17:58:43 EDT

The clash between BHP Billiton Ltd. and activist hedge fund Elliott Management Corp. is narrowing to one issue that could determine the future of the Anglo-Australian mining giant: Should it remain in the oil and gas business? image

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Trump Officials Offer Differing Views on Tax Plan

Thu, 25 May 2017 18:22:11 EDT

Senior Trump administration officials split with each other publicly Thursday on a core feature of the president’s tax plan.image

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U.S. Jobless Claims Rose Slightly Last Week

Thu, 25 May 2017 08:43:11 EDT

he number of Americans applying for first-time unemployment benefits ticked up last week, though overall numbers remain consistent with steady job gains.image

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Fed Minutes Signal Officials Ready to Raise Rates Again Soon

Thu, 25 May 2017 10:41:21 EDT

Federal Reserve officials expected at their meeting this month that it would “soon be appropriate” to raise rates, according to minutes of the gathering, a signal the central bank could lift its benchmark rate in June.image

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China Hitches Yuan to the Dollar, Buying Rare Calm

Thu, 25 May 2017 13:31:32 EDT

China’s central bank appears to have effectively pegged the Chinese yuan to the dollar in recent weeks, a policy twist that has helped stabilize the currency in a year of political transition.image

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Trump's Nationalism Veers Right While May's Shifts to Center

Wed, 24 May 2017 17:51:59 EDT

The conservative parties in the U.S. and U.K., buoyed by a nationalist push against immigration and trade, face a once-in-a-generation choice: shift toward small-government conservatism, or reach across traditional divides by appealing to workers? Trump and May appear to have chosen differently.image

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Coal Mines Reimagined as New Power Source

Thu, 25 May 2017 10:19:30 EDT

Coal-mine companies in the U.S. and Germany are trying to turn their old mines into enormous power-storage systems, using century-old technology to keep the lights on when a shortage of wind or sun makes new technologies inadequate.image

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BlackRock, Vanguard Mull Pressuring Exxon to Disclose Climate Risks

Thu, 25 May 2017 10:06:41 EDT

Two of the world’s largest asset managers are strongly considering a public rebuke to Exxon Mobil over climate change at the company’s annual meeting next week. image

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GM Sued by Diesel Truck Owners Over Emissions

Thu, 25 May 2017 15:42:08 EDT

General Motors Co. was accused in a lawsuit by owners of diesel-powered trucks of using illegal emissions software that allowed the vehicles to bypass government emissions tests and pollute far beyond legal limits on the road.image

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Trump's 3% Growth Target Looks Out of Reach

Tue, 23 May 2017 16:48:53 EDT

The president’s first budget sets a worthy objective of sustained 3% economic growth, but offers no rigorous plan to back it up, writes Greg Ip. image

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Millennials Want to Buy Homes but Aren't Saving for Down Payments

Thu, 25 May 2017 14:27:06 EDT

Most millennials have saved virtually nothing for a down payment on a home, according to a new study, suggesting many will face steep obstacles to homeownership in the years ahead. image

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Donald Trump's Balanced Budget Goal Rests on Questionable Assumptions

Wed, 24 May 2017 15:35:11 EDT

President Donald Trump’s budget—which projects a balanced budget within 10 years—relies on accounting that is hard to add up.image

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Ad Agencies Target Cannes Festival Amid Broader Cost-Cutting

Thu, 25 May 2017 16:47:27 EDT

Ad agencies are looking to trim costs, from hiring to spending on Cannes, as the ad business runs into headwinds.image

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The Search Ace Standing Between Baidu and Irrelevance

Thu, 25 May 2017 12:07:24 EDT

For much of the past two decades, Qi Lu, a search-technology whiz, waged losing battles against Google, first at Yahoo then at Microsoft’s Bing. Now, he says he can shape China’s Baidu into a worthy competitor in artificial intelligence.image

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Insurer Exit Leaves 25 Missouri Counties With No ACA Plans for 2018

Thu, 25 May 2017 12:32:58 EDT

Blue Cross and Blue Shield of Kansas City says it lost more than $100 million through 2016 offering exchange insurance plans image

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