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US Business

Last Build Date: Wed, 21 Mar 2018 08:30:23 EDT

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

Facebook's Lax Data Policies Led to Cambridge Analytica Crisis

Wed, 21 Mar 2018 08:22:46 EDT

Facebook’s loose approach to policing how app creators and others deployed its user data persisted for years, including after a 2015 effort by the social network to restrict access, according to court records and people familiar with the social-media giant. image

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Trump to Ramp Up Trade Restraints on China

Wed, 21 Mar 2018 08:25:43 EDT

The White House is preparing to crack down on what it says are improper Chinese trade practices by making it significantly more difficult for Chinese firms to acquire advanced U.S. technology or invest in American companies. image

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CEO Pay Hits Record Highs on Stock Market's Surge

Wed, 21 Mar 2018 08:30:10 EDT

The chief executives of America’s biggest companies are on track for another banner year of compensation. Median pay for the chief executives of 133 of the largest U.S. companies reached an all-time high of $11.6 million in 2017.image

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Insurers Race to Develop Coverage for Driverless Cars

Wed, 21 Mar 2018 06:50:05 EDT

As federal investigators begin to examine a pedestrian fatality involving a self-driving Uber Technologies car this week, America’s car insurers are watching closely.image

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Will New Tax Incentives for Poor Communities Work? Some Are Skeptical

Tue, 20 Mar 2018 12:31:39 EDT

Governors across the country are racing to make complicated decisions about which struggling areas in their states will qualify for a new federal tax benefit designed to spur investment in low-income communities.image

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Europe's Pitch to Trump: You Already Have a Good Trade Deal

Wed, 21 Mar 2018 08:04:07 EDT

The European Union’s top trade official arrives in Washington with a daunting task: convince the Trump administration the bloc’s economic relationship with the U.S. is fair.image

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Policy Feuds Keep Spending Bill in Flux

Tue, 20 Mar 2018 09:25:01 EDT

Lawmakers hustled Monday to resolve policy disputes holding up an agreement on a sweeping spending bill needed to keep the government funded beyond Friday, but negotiations stretched into early Tuesday morning.image

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China's New PBOC Chief Promises Quick Change

Mon, 19 Mar 2018 22:44:40 EDT

China’s new central-bank chief, Yi Gang, promised to implement changes quickly, saying “there will be a series of reform and opening-up measures” during the next three weeks.

Texas Bombs Show FedEx, UPS Face Tough Task Preventing Attacks

Tue, 20 Mar 2018 19:18:18 EDT

Millions of packages pass through FedEx and UPS facilities on a typical day, making it hard to prevent the type of explosion that rocked a FedEx sorting center in Texas early Tuesday. image

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Senate to Approve Limiting Immunity for Websites in Sex-Trafficking Cases

Wed, 21 Mar 2018 05:30:29 EDT

The Senate is expected to give final approval today to landmark legislation aimed at curbing online sex trafficking by limiting federal immunity for internet platforms.image

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Head of Latham & Watkins Steps Down After 'Communications of a Sexual Nature'

Tue, 20 Mar 2018 22:24:45 EDT

Latham & Watkins, the country’s highest-grossing law firm, said Chairman William Voge is retiring from the firm after engaging in communications of a sexual nature with a woman unaffiliated with the firm. image

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Fed's Thinking on Rate Increases May Come Into Focus

Mon, 19 Mar 2018 09:24:21 EDT

The Federal Reserve in December expected a gradual path of rate rises would allow the economy to keep expanding without overheating; since then, the burst of fiscal stimulus, together with steady growth and very low unemployment could lead the central bank to be more aggressive.image

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New York Fed Director Helping to Oversee Leadership Search Steps Down

Tue, 20 Mar 2018 15:33:07 EDT

David Cote, one of the people overseeing the search for a new president at the New York Fed, resigned from the bank’s board of directors Saturday, a day after officials said they had narrowed their list of candidates for the bank’s top job.image

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Who's Afraid of Huawei? Security Worries Spread Beyond the U.S.

Wed, 21 Mar 2018 00:59:00 EDT

National-security concerns surrounding China’s Huawei Technologies—the world’s biggest supplier of wireless equipment and No. 3 vendor of smartphones—are spreading to key allies.image

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Nordstrom Ends Buyout Talks With Founding Family

Tue, 20 Mar 2018 20:19:49 EDT

A special committee of Nordstrom Inc.’s board of directors has terminated discussions with members of the founding Nordstrom family who were trying to take the company private. image

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