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US Business

Last Build Date: Tue, 26 Sep 2017 04:09:55 EDT

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

Nestlé Gives Loeb What He Wants: New Margin Targets, Faster Buybacks

Tue, 26 Sep 2017 03:59:27 EDT

Nestlé set a new profit-margin target and said it would accelerate share buybacks amid pressure from activist investor Dan Loeb.image

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Amazon Hopes Alexa Will Offer Traction for Music App

Tue, 26 Sep 2017 00:00:06 EDT

Amazon Music listeners will now be able to ask Alexa to DJ on-the-go. said it would launch the personal assistant technology in its mobile music streaming apps on Tuesday.image

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Hurricane Maria Damage Estimate: As Much as $85 Billion in Insured Losses

Tue, 26 Sep 2017 04:08:12 EDT

Hurricane Maria caused an estimated $40 billion to $85 billion in insured losses, mostly in Puerto Rico, catastrophe-modeling firm AIR Worldwide said.image

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In India, a Big GE Deal Goes Off the Rails

Tue, 26 Sep 2017 04:04:15 EDT

General Electric Co. is in danger of losing one of its largest industrial contracts after a political shake-up in India, highlighting the risk of the conglomerate’s chase to win business in far-flung markets by investing heavily in local operations. image

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German CEOs Warn on Rise of Nationalism

Tue, 26 Sep 2017 04:07:15 EDT

German business leaders, as a rule largely silent on political issues, warned that the rise of a nationalist anti-immigration party could hurt the nation’s export-driven economy.image

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Steven Mnuchin, a Washington Newcomer, Tilts at Its Hardest Target: The Tax Code

Mon, 25 Sep 2017 22:34:37 EDT

The Treasury Secretary, spearheading what Republicans hope will be the first overhaul since 1986, brings to the job a close relationship with President Donald Trump. He is also facing intraparty divisions, his own relative inexperience and the challenges of working with an impulsive president.image

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Economic Expansion Leaves Broad Swaths of U.S. Behind

Mon, 25 Sep 2017 13:19:48 EDT

The U.S. economic expansion is lifting a handful of vibrant communities to new heights but also leaving broad tracts of the country stagnant or sinking, according to a new report. image

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Real Wages Keep Powering Ahead, but Can the Trend Last?

Sun, 24 Sep 2017 11:03:04 EDT

You probably can’t tell from looking at your paycheck, but hourly wages in the U.S. are nearing historical highs. That is, if you take very low inflation into account. image

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ECB's Draghi Brushes Off Lucke's Criticism of Policies

Mon, 25 Sep 2017 14:13:20 EDT

European Central Bank President Mario Draghi clashed with a former leader of Germany’s ascendant far-right party over the bank’s easy-money policies, underlining the frustrations that helped to propel the party into the German parliament.image

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With Latest Nafta Proposals, U.S. Takes on Bigger Targets, Critics

Sun, 24 Sep 2017 23:56:35 EDT

The Trump administration plans to take aim at the areas of the North American Free Trade Agreement it finds most objectionable as negotiators for the U.S., Canada and Mexico gather in Ottawa, setting the stage for a contentious third round of talks.image

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Target to Boost Minimum Wages in Battle for Workers

Mon, 25 Sep 2017 21:20:57 EDT

Target said it is raising its minimum wage to $11 an hour starting next month and to $15 an hour within three years, as the retailer competes to fill low-wage jobs in a tighter labor market.image

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Tesla's China Dream Edges Closer

Mon, 25 Sep 2017 23:00:32 EDT

China is considering relaxing rules requiring foreign auto makers to have a local partner, a move that could pave the way for Tesla to build vehicles there.image

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A Rare Joint Interview with Microsoft CEO Satya Nadella and Bill Gates

Mon, 25 Sep 2017 21:30:47 EDT

On the occasion of the publication of Nadella’s first book, out this fall, Nadella and his predecessor talk shop.image

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What We Know About Financial Bubbles

Sun, 24 Sep 2017 23:34:08 EDT

Here’s a surprising idea: Bubbles aren’t necessarily bad thingsimage

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Want to Be a Fed Governor? Better Pretend to Be From Somewhere Else

Fri, 22 Sep 2017 21:48:20 EDT

Congressman “Alfalfa Bill” in 1913 tried to make sure Wall Street wouldn’t dominate the Federal Reserve Board, which is why nominee Randal Quarles of Utah insists he’s from Colorado.image

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Science Affliction: Are Companies Cursed by Cameos in Blade Runner?

Mon, 25 Sep 2017 22:32:20 EDT

The 1982 sci-fi movie classic is back with a splashy sequel, but Atari, Pan Am, RCA and other companies featured in the original later had a tough time in the real world. ‘Curses are meant to be broken.’image

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Unilever's Most Expensive Deal in Years Is a Risk Worth Taking

Mon, 25 Sep 2017 10:58:28 EDT

Unilever’s purchase of Carver Korea is the company’s biggest acquisition in seven years and among its most expensive, but the Seoul-based skin-care company give the Anglo-Dutch giant the kind of exposure it needs.image

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Challenge for Honeywell's New CEO: Keep Up the Winning Streak

Mon, 25 Sep 2017 22:25:21 EDT

Darius Adamczyk, who took the helm at Honeywell this year, is determined to extend the company’s winning streak while evaluating every facet of its sprawling business.image

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