WSJ.com: US Business

The $1.5 Trillion Business Tax Change Flying Under the Radar

Sun, 25 Jun 2017 14:43:50 EDT

House Republicans are proposing eliminating the deduction that companies get for interest they pay on debt, a move that would alter modern finance. Yet the plan has gotten relatively little public attention or lobbying pressure.image

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In 10 Years, Your iPhone Won't Be a Phone Anymore

Sun, 25 Jun 2017 12:21:10 EDT

Apple Inc. will still sell an iPhone, but expect the device to morph into a suite of apps and services, enhanced with AI and AR, part of a ‘body area network’ of devices, batteries and sensors.image

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Facebook Is Going Hollywood, Seeking Scripted TV Programming

Sun, 25 Jun 2017 15:24:58 EDT

Facebook is meeting with Hollywood content creators with an eye to launching a slate of original TV-quality programming by the end of summer.image

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How Earthquakes Are Rattling a Farm Town Atop One of the World's Richest Gas Troves

Sun, 25 Jun 2017 12:15:17 EDT

To limit earthquakes, the Dutch government has for years been imposing increasingly strict production limits at Groningen, Europe’s biggest gas field, and is now proposing another 10% cut. image

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SpaceX Seeks to Execute Back-to-Back Launches in Roughly 48 Hours

Sun, 25 Jun 2017 15:03:18 EDT

Elon Musk’s SpaceX on Sunday will seek to complete a two-day, bicoastal demonstration of launch capability, completing its second unmanned mission since Friday.image

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Ahead of Fed Stress Test Results, Banks Have Less to Fear

Sun, 25 Jun 2017 07:08:32 EDT

The Federal Reserve on Wednesday will release the final results of this year’s bank stress tests. Officials made the tests easier for some banks this year, and for the next time around they are preparing to further change the exams in fundamental ways. image

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New-Home Sales Rise in May as Prices Hit Record Level

Fri, 23 Jun 2017 22:30:00 EDT

New-home sales rose in May and prices hit a record, more evidence of a housing market characterized by strong demand and tight inventories.image

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Sticking Points Slow GOP Budget Efforts

Thu, 22 Jun 2017 17:49:30 EDT

House Republicans are struggling to agree on a plan to fund the federal government for 2018, a critical task that they must tackle before moving ahead with ambitions for a tax overhaul.image

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Trump's Steel-Tariff Threat Faces Resistance From Lawmakers

Fri, 23 Jun 2017 10:49:47 EDT

Senior lawmakers in both parties are resisting the Trump administration’s moves toward imposing steel tariffs on national-security grounds, worried that other countries could use the same argument to block exports from their states. image

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Mexico's Central Bank Lifts Rates

Fri, 23 Jun 2017 13:02:32 EDT

The Bank of Mexico lifted the overnight interest rate target by a quarter percentage point to 7%, the highest level since early 2009, and indicated that the tightening cycle that began in September has ended for now. image

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Macau Billionaire Heads to Trial in U.N. Bribery Case

Sun, 25 Jun 2017 08:00:07 EDT

Macau billionaire Ng Lap Seng is facing charges that he orchestrated an elaborate scheme to bribe Caribbean diplomats to the United Nations, in a trial expected to put a spotlight on China’s ambitions at the international organization.image

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Google's 'Trust Us' Approach Doesn't Satisfy Pay Gap Skeptics

Sun, 25 Jun 2017 10:00:27 EDT

Google, which has long portrayed itself as one of the world’s best workplaces, is facing government accusations that it underpays women and resisting pressure to turn over salary data to disprove them.image

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Jury Selection to Begin in Martin Shkreli Trial

Sun, 25 Jun 2017 07:00:18 EDT

Federal prosecutors allege that the former Turing Pharmaceuticals CEO committed a series of interconnected frauds, misleading investors in his hedge funds and looting a publicly traded pharmaceutical company to cover the losses.image

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Senate Health Bill Gives Huge Tax Cuts to Businesses, High-Income Households

Thu, 22 Jun 2017 17:26:54 EDT

The Senate’s health-care bill repeals hundreds of billions of dollars in taxes on businesses and high-income households and includes a retroactive cut in capital-gains taxes. image

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U.K.'s Euro Clearing Business at Risk as ECB Requests More Powers

Fri, 23 Jun 2017 10:47:07 EDT

The European Central Bank requested greater powers to supervise euro-denominated clearing, stepping up a tug of war between European Union authorities and Britain over the future of the lucrative business line after Brexit.image

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Leaderless Uber Scrambles to Prevent Employee Exodus

Sat, 24 Jun 2017 08:35:45 EDT

Uber’s senior managers have been urging its more than 15,000 employees to stick around and see how the embattled company reinvents itself after the ouster of its CEO. image

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Fiat Chrysler's Green Autos Have a Problem: They're Not for Sale

Sun, 25 Jun 2017 03:28:36 EDT

The auto maker suspended production of its well-regarded Pacifica hybrid minivan in recent weeks and has recalled it, leaving customers and dealers disappointed. image

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American Airlines Bid Puts Qatar Airways' Chief in New Role: Raider

Sat, 24 Jun 2017 11:21:32 EDT

Akbar Al Baker, the Qatar carrier’s sometimes abrasive CEO, isn’t backing down from his bid for a stake in American Airlines despite opposition from the target’s chief, its pilots and unions.image

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