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US Business

Last Build Date: Wed, 16 Aug 2017 21:11:39 EDT

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

Trump's Business Councils Disband After CEOs Defect

Wed, 16 Aug 2017 21:11:25 EDT

Business leaders disbanded two CEO councils created by the White House, a move they said was protesting Donald Trump’s failure to sufficiently condemn racism, marking a dramatic break between U.S. companies and a president who has sought close ties with them.​image

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Tech Firms Ban White Supremacists, Shifting From Hands-Off Policy

Wed, 16 Aug 2017 20:40:05 EDT

Recent moves by tech companies including Alphabet Inc.’s Google, GoDaddy, Uber and GoFundMe to crack down on white supremacists thrust them into unusual territory for corporations that often take a more hands-off approach to who uses their services and how.image

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Facebook Shut Down Employee Chat Room Over Harassing Messages

Wed, 16 Aug 2017 20:45:40 EDT

Facebook dismantled a popular anonymous discussion board for employees last year that had become a forum for conservative political debate that sometimes degenerated into racist or sexist comments. image

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Apple Readies $1 Billion War Chest for Hollywood Programming

Wed, 16 Aug 2017 20:23:04 EDT

Apple Inc. has set a budget of roughly $1 billion to procure and produce original content over the next year, as the iPhone maker shows how serious it is about making a splash in Hollywood.image

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Target's Lower Prices Pay Off as Sales Rise

Wed, 16 Aug 2017 12:43:09 EDT

Customers spent more at Target in its most recent quarter, as the retailer embarked on a plan to refresh its interiors and cut prices. The retailer also raised its profit outlook for the fiscal year.image

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Fed Officials Split Over Timing of Next Rate Increase

Wed, 16 Aug 2017 19:35:17 EDT

New doubts over sagging inflation in the past few months are driving a split at the Federal Reserve about the timing of the next increase in interest rates.image

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Summer Youth Unemployment Falls to Lowest Level Since 1969

Wed, 16 Aug 2017 17:06:24 EDT

The unemployment rate for young Americans fell this summer to match the lowest level in nearly half a century. But there’s a big caveat: A far smaller share of them are looking for jobs. image

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In New Political Status Quo, Big Business Bucks the Right

Wed, 16 Aug 2017 17:53:47 EDT

The schism that has opened between Corporate America and President Trump might look like an outlier, but in fact, big business has increasingly parted ways with Republicans on noneconomic issues, writes Greg Ip. image

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Builders Pull Back on Home Construction Despite Strong Demand

Wed, 16 Aug 2017 15:53:20 EDT

The apartment-construction boom is coming to an end, and builders aren’t ramping up single-family construction quickly enough to fill the void.image

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Conflicting Views Mark Opening of Talks to Remake Nafta

Wed, 16 Aug 2017 19:05:09 EDT

The Trump administration launched the renegotiation of the North American Free Trade Agreement Wednesday by laying out a starkly different vision from that of its two continental trading partners of the pact’s affects and how radically it should be rewritten.image

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With a Sales Army of 35,000, Oracle Won Cloud Customers

Wed, 16 Aug 2017 11:14:53 EDT

Oracle Corp. is starting to see the positive results of remaking its sales force as it confronts longstanding questions from Wall Street about the software company’s commitment to cloud computing. image

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MoviePass Says Success Will Bring Cooperation

Wed, 16 Aug 2017 14:59:23 EDT

Digital ticketing company MoviePass said it plans to quickly amass subscribers and use the resulting market power to convince the film industry to work with it.image

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Consumer Spending Gives Some Retailers a Lift, But Risks Abound

Wed, 16 Aug 2017 00:15:39 EDT

American consumers ramped up spending last month, boosting profits for some retailers such as Home Depot and TJX Cos. and lifting economists’ outlook. But households are also taking on more debt and saving less.image

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The Next Laptop You Should Buy Is...

Wed, 16 Aug 2017 20:18:35 EDT

If you’re shopping for a laptop, you have questions. Personal Tech columnist Geoffrey A. Fowler has the answers—and shares insights into the state of the business.image

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Judge Temporarily Shields Car Makers From Some Air-Bag Lawsuits

Wed, 16 Aug 2017 15:02:03 EDT

A bankruptcy judge issued a temporary stay shielding Honda, Toyota, Subaru and other automobile manufacturers from many lawsuits over defective air bags made by Takata. image

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Uber Shareholders Fight for Control Amid Leadership Vacuum

Wed, 16 Aug 2017 19:17:08 EDT

The acrimony among Uber’s investors spilled further into view with a new letter from one shareholder alleging underhand tactics by Benchmark Capital. image

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