WSJ.com: US Business

London Says It Won't Reissue Uber's License

Sat, 23 Sep 2017 07:41:17 EDT

London’s top transport authority stripped Uber of its private-car hire license in the city, threatening to shut the company out of one of its biggest markets.

Facebook Abandons Plans to Change Share Structure, Avoiding Lawsuit

Sat, 23 Sep 2017 12:55:44 EDT

Facebook abandoned a plan to change its stock structure that would have given Mark Zuckerberg more control, the latest in a string of reversals by the social-media giant.image

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Why Slow iPhone 8 Sales May Be Good for Apple

Fri, 22 Sep 2017 15:50:01 EDT

When new iPhones hit the market, they usually fly off the shelves. But with the two models that began selling Friday, there are signs demand is tepid—and some analysts say that could be a good thing for Apple Inc.image

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Investors Mull Future of L'Oréal, Nestlé After Death

Sat, 23 Sep 2017 04:29:37 EDT

The death of Liliane Bettencourt has placed a question mark over the decadeslong ties between L’Oréal and Nestlé, two of the world’s largest consumer-goods companies. image

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Trade Decision Roils U.S. Solar Industry

Fri, 22 Sep 2017 22:22:59 EDT

Trade protection for U.S. solar panel makers could be a boon for the few domestic manufacturers left in the country, but a drag for the companies that install and sell solar systems to homeowners, businesses and utilities, which worry that it would lead to higher prices for consumers. image

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What We Know About Financial Bubbles

Fri, 22 Sep 2017 10:23:00 EDT

Here’s a surprising idea: Bubbles aren’t necessarily bad thingsimage

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Fed Says Total U.S. Household Net Worth Rose

Thu, 21 Sep 2017 22:39:51 EDT

The total net worth of U.S. households pushed farther into record territory, climbing by $1.7 trillion in the second quarter of 2017, to $96.2 trillion. image

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The Challenges to Germany's Economy---in 11 Charts

Sat, 23 Sep 2017 09:45:47 EDT

After a strong recovery under Merkel, the economy is vulnerable to changes sweeping the world. image

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U.S. Agency Backs Import Protection for Solar-Panel Industry

Fri, 22 Sep 2017 21:03:50 EDT

President Trump’s pledge to offer American companies more aggressive protection from foreign competition got fresh ammunition Friday, when a government board cleared the way for him to deploy a long-dormant legal weapon to restrict solar panel imports.image

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White House Approved Mnuchin's Use of Government Aircraft

Thu, 21 Sep 2017 17:51:53 EDT

The White House signed off on the use of a government jet to take Treasury Secretary Steven Mnuchin and his wife to an event last month in Louisville, Ky., prompting a review by the agency’s watchdog.image

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China Outpaces Silicon Valley in Mobile-Payments Race

Fri, 22 Sep 2017 13:14:10 EDT

China’s online juggernauts Alibaba Group Holding and Tencent Holdings are beating Silicon Valley in the race to build mobile-money systems in some of the world’s fastest-growing consumer markets. image

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Siemens, Alstom in Talks to Merge Rail Transportation Businesses

Fri, 22 Sep 2017 22:53:59 EDT

German industrial giant Siemens and French train-maker Alstom are in talks to create a European rail transportation powerhouse to better rival strong competition from China. image

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Want to Be a Fed Governor? Better Pretend to Be From Somewhere Else

Fri, 22 Sep 2017 21:48:20 EDT

Congressman “Alfalfa Bill” in 1913 tried to make sure Wall Street wouldn’t dominate the Federal Reserve Board, which is why nominee Randal Quarles of Utah insists he’s from Colorado.image

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Fed Officials Show Willingness to Raise Rates Again This Year

Fri, 22 Sep 2017 16:33:06 EDT

A trio of Federal Reserve officials on Friday expressed openness to raising short-term interest rates again before year’s end, without committing to a move.image

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GM to Eliminate Shift at Tennessee SUV Plant, Lay Off Hundreds

Fri, 22 Sep 2017 19:33:05 EDT

General Motors will lay of several hundred workers at a sport-utility plant in Tennessee, a sign that the slowdown in the broader car market is spreading to once-hot SUVs. image

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Showtime to Make Series From Bill Clinton-James Patterson Novel

Fri, 22 Sep 2017 13:07:59 EDT

Pay-TV channel Showtime has secured the rights to adapt “The President Is Missing,” an upcoming mystery novel co-written by former President Bill Clinton and best-selling author James Patterson, into a television series.image

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Makers of Fuel-Guzzling Big Rigs Try to Go Green

Thu, 21 Sep 2017 11:20:24 EDT

The average tractor-trailer travels less than seven miles on a gallon of diesel, making it one of the least-efficient vehicles on the road. Spurred by pollution regulations and sluggish demand, truck makers are trying to change that.image

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