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US Business

Last Build Date: Thu, 26 Apr 2018 11:03:59 EDT

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

Facebook Posts Surge in Revenue as It Tackles User-Data Crisis

Thu, 26 Apr 2018 06:38:08 EDT

Facebook, in its first earnings report after touching off widespread data-privacy concerns, posted soaring revenue and profit that highlighted the company’s central place in the digital economy.image

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GM's Profit Sinks on Restructuring, Other Costs

Thu, 26 Apr 2018 09:23:27 EDT

GM’s first-quarter net income sank 60% amid hefty restructuring costs in South Korea and lost production in the U.S. from planned factory downtime.image

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Southwest Forecasts Weaker Bookings After Fatal Accident

Thu, 26 Apr 2018 10:36:15 EDT

Southwest Airlines said bookings have dropped since last week’s fatal accident on a flight from New York to Dallas as the company and rival carriers are also facing a sharp jump in fuel prices, prompting some to raise fares. image

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The Million-Dollar Cancer Treatment: Who Will Pay?

Thu, 26 Apr 2018 10:05:07 EDT

A new wave of genetic-based therapies for treating cancer are creating sticker shock, as the drugs and related care for a single patient can run up close to a million dollars. image

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Is Big Oil Back? Investors Aren't So Sure

Thu, 26 Apr 2018 11:02:55 EDT

Rising crude prices are supercharging earnings at the world’s major oil firms, but investors may need more convincing that Big Oil is back.image

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Some Colleges Try to Burnish Student-Loan Default Rates

Thu, 26 Apr 2018 11:03:47 EDT

The practice allows the schools to skirt regulatory oversight while causing the student-loan balances to rise, a Government Accountability Office report said.image

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U.S. Jobless Claims Drop to Lowest Level Since 1969

Thu, 26 Apr 2018 09:35:06 EDT

The number of Americans applying for unemployment benefits fell to the lowest level since 1969, the latest sign the labor market is firming after years of steady job growth.image

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Business Investment Stalls in the First Months of 2018

Thu, 26 Apr 2018 10:55:27 EDT

Demand for long-lasting U.S. factory goods rose in March due to increased aircraft orders, but an underlying proxy for business investment fell.image

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ECB Seeks Clarity on Economy Before Next Move

Thu, 26 Apr 2018 10:44:39 EDT

European Central Bank President Mario Draghi said policy makers needed to better understand what has caused a moderation in economic growth before they can decide on the future of the bank’s bond-buying program.image

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Beijing Ready to Hit Back if U.S. Curbs Chinese Investments

Thu, 26 Apr 2018 06:36:55 EDT

The U.S. threat of investment restrictions is already damping the enthusiasm of Chinese businesses, with some canceling or slowing plans to invest in the American market.image

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NBC Bet $69 Million on Megyn Kelly---Then Viewers Vanished

Thu, 26 Apr 2018 07:28:01 EDT

The former Fox News star was supposed to bring a bigger audience for “Today.” Instead, ratings declines and high production costs have been a drag on a critical franchise, an expensive reminder of how the heyday of the star network anchor has passed.image

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Air India Sale Hits Roadblock Amid Government Restrictions

Thu, 26 Apr 2018 09:23:29 EDT

Indian Prime Minister Narendra Modi’s plan to privatize national carrier Air India seems to be floundering with some of the country’s biggest carriers opting out of the sale. image

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EU Presses Tech Firms on Search Results, Fake News

Thu, 26 Apr 2018 09:13:24 EDT

The European Union tightened its effort to rein in tech giants like Alphabet’s Google and Facebook, advancing several measures that aim to shape the way they operate in Europe. image

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U.S. New Home Sales Rose in March

Tue, 24 Apr 2018 14:32:53 EDT

U.S. new-home sales surged in March, capping off a strong first quarter in a segment of the housing market characterized by solid buyer demand.image

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Chinese Tariffs Take Root in American Ginseng

Wed, 25 Apr 2018 23:54:33 EDT

Ginseng grown on farms in central Wisconsin is the world’s most expensive, with exports to China doubling in the past decade—so it’s no wonder farmers in the region are bracing for the effects of China’s 15% tariff.image

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Amazon Expected to Report Sharp Rise in Sales

Thu, 26 Apr 2018 10:07:10 EDT is slated to report earnings later Thursday and analysts expect it to post higher revenue for the latest period.image

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Microsoft Earnings: What to Watch

Thu, 26 Apr 2018 05:30:04 EDT

Microsoft is slated to report earnings later Thursday and is expected to report higher revenue than a year ago.image

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Intel Earnings: What to Watch

Thu, 26 Apr 2018 05:30:03 EDT

Intel is scheduled to report first-quarter earnings after the market closes Thursday. Here’s what you need to know. image

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