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US Business

Last Build Date: Sat, 24 Feb 2018 16:37:45 EST

Copyright: copyright © 2018 Dow Jones & Company, Inc.

Apple to Store Sensitive Encryption Keys in China

Sat, 24 Feb 2018 16:14:36 EST

When Apple next week begins shifting the iCloud accounts of its China-based customers to a local partner’s servers, it also will take a step that alarms some privacy specialists: store the encryption keys for those accounts in China. image

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All but Banned in the U.S., Chinese Giant Huawei Is Welcomed in Britain

Sat, 24 Feb 2018 15:24:57 EST

Huawei Technologies, a Chinese maker of smartphones and telecom gear, is seen in Washington as a potential tool of state-sponsored spying, but Britain and several other U.S. allies are embracing Huawei’s technology. image

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Berkshire Reaps $29 Billion Windfall From New Tax Plan

Sat, 24 Feb 2018 16:24:15 EST

Berkshire Hathaway posted a $29 billion gain in 2017 related to changes in U.S. tax law, a one-time boost that inflated annual profits for the Omaha conglomerate.image

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Tax Changes Could Spur Swap Meet for Used Goods

Sat, 24 Feb 2018 08:21:18 EST

The market for used equipment—including airplanes and industrial machines—is likely to heat up as firms take advantage of the new tax law’s 100% immediate deduction for such purchases. image

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Coal Jobs Get a Boost---From Exports

Sat, 24 Feb 2018 09:16:08 EST

Miners in Indiana and other states are getting a small lift from global markets: American companies are shipping more coal to Europe and Asia, helping to stop the yearslong drop in the number of U.S. mining jobs.image

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Fed Report Signals No Worries About Recent Market Volatility

Sat, 24 Feb 2018 16:36:59 EST

The Federal Reserve signaled it is unperturbed by volatility in financial markets earlier this month and remains on track to raise rates gradually this year.image

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Paper Argues Fed Bond Buying Plan Largely Ineffective

Fri, 23 Feb 2018 15:11:19 EST

The Federal Reserve’s signature bond buying stimulus program undertaken during and in the wake of the financial crisis was largely a dud for the economy, argues a new paper authored by a group of prominent economists. image

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Chinese President's Top Economic Adviser to Visit U.S. Next Week

Fri, 23 Feb 2018 15:35:50 EST

President Xi Jinping’s most trusted economic adviser, Liu He, is heading to Washington on Tuesday as a main envoy for the U.S.-China relationship. image

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Wireless Companies to Start Small With 5G Rollouts

Sat, 24 Feb 2018 09:09:56 EST

Wireless companies are finally setting deadlines for the rollout of the next wave of technology designed to revolutionize the way machines reach the internet, 5G. image

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Drug That Promises to Kill Flu in a Day Approved in Japan

Fri, 23 Feb 2018 18:12:20 EST

Japan has approved a drug that its maker says can kill the flu virus in 24 hours, paving the way for what health experts believe could be a breakthrough in the way the illness is treated.image

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Dropbox Files for Its Initial Public Offering

Fri, 23 Feb 2018 19:39:33 EST

Web-storage company Dropbox Inc. raised the curtain on its long-awaited IPO, which is set to be one of the biggest tech debuts of the past few years.image

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White House Unveils 'Largest Ever' Set of Sanctions on North Korea

Fri, 23 Feb 2018 20:22:50 EST

The Trump administration levied what it called its largest ever North Korea sanctions package, hitting dozens of shipping and trading companies as it seeks to shrivel foreign-currency revenues to the nuclear-armed regime.image

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Playing With $100 Billion, Warren Buffett Is Giant Trader of U.S. Treasury Bills

Sat, 24 Feb 2018 08:34:54 EST

Warren Buffett’s Berkshire Hathaway has used its mounting cash pile to become one of the world’s largest owners of U.S. Treasury bills after struggling to find big companies to buy in recent years.image

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When 'Married, Filing Separately' Lowers Your Tax Bill

Sat, 24 Feb 2018 14:27:10 EST

The rarely used “married, filing separately” tax status is a boon for the few Americans who choose it each year. More will likely join that club in 2018. image

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Companies Bow to Social-Media Pressure, Sever NRA Ties

Sat, 24 Feb 2018 14:03:56 EST

Chubb, MetLife, Symantec and Enterprise’s rental-car chains have eliminated discounts and special programs from members of the NRA after consumers took to social media to voice outrage against the gun lobby.image

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Volkswagen Results Benefit From Strong Sales, Cost Cutting

Fri, 23 Feb 2018 12:13:33 EST

Volkswagen, the world’s biggest car maker by sales, said net income more than doubled last year on the back of strong sales of its marques and the effect of cost-cutting at its flagship VW brand.image

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Auto Makers Race to Build a Cheaper Electric Car for India, Other Growing Markets

Sat, 24 Feb 2018 03:22:27 EST

The world’s auto makers are vying to build an affordable electric car to target drivers in emerging economies and potentially create a competitor to Chinese-made vehicles.image

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China's 'Heavy Hand' With Anbang Rattles Some Analysts

Fri, 23 Feb 2018 19:52:42 EST

Chinese regulators’ move to seize Anbang Insurance, which some view as a quasi-nationalization of the company, sheds light on how far these so-called gray-rhino conglomerates have fallen out of favor with President Xi Jinping’s government.image

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MiMedx Didn't Report Payments to Doctors

Thu, 22 Feb 2018 17:45:46 EST

MiMedx, a fast-growing medical tissue-graft developer, has financial ties to more than 20 doctors but hasn’t reported them to the government under a 2013 law.image

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Gothamist to Relaunch After Sale to WNYC

Fri, 23 Feb 2018 16:34:24 EST

Gothamist, DCist and LAist will return as part of a sale to three public radio stations, four months after billionaire owner Joe Ricketts abruptly shut them down.image

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