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US Business

Last Build Date: Fri, 20 Jan 2017 18:56:59 EST

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

Apple Sues Qualcomm Over Licensing Practices

Fri, 20 Jan 2017 18:43:52 EST

Apple is suing Qualcomm alleging it demanded onerous terms for its technology and that it sought to punish Apple for cooperating in a Korean regulatory probe into Qualcomm’s licensing practices.image

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Samsung Investigation Blames Battery Size for Galaxy Note 7 Fires

Fri, 20 Jan 2017 16:09:44 EST

An investigation into the cause of faulty batteries that led Samsung Electronics to pull all of its Galaxy Note 7 smartphones last year found that some batteries were irregularly sized, causing overheating, while others had manufacturing problems. image

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GE Revenue Slips, Hurt by Oil Woes

Fri, 20 Jan 2017 15:01:25 EST

General Electric’s revenue declined 2% in the fourth quarter, as the company was weighed down by a depressed oil industry and shipped fewer jet engines and power turbines than it had planned.image

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'Hidden Figures' Adds Up to a Hollywood Success Story

Fri, 20 Jan 2017 10:01:10 EST

The PG-rated, mid-budget drama featuring three African-American women as a trio of brilliant NASA workers during the age of the Space Race and Jim Crow has garnered attention in Hollywood because of its continuing box-office triumphs.image

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U.S. Oil Producers Ramp Up Spending

Fri, 20 Jan 2017 16:38:37 EST

U.S. oil producers, optimistic that higher crude prices are here to stay, have issued 2017 budgets that call for dramatically greater spending to tap new wells.image

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Economic Tests Await Trump

Fri, 20 Jan 2017 13:23:48 EST

President-elect Donald Trump inherits an economy in much stronger shape than at either of the past two inaugurations, but major questions loom over how he can boost productivity and deliver on his growth promises. image

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Janet Yellen Sticks to Steady Outlook on Rates

Fri, 20 Jan 2017 07:59:55 EST

Federal Reserve Chairwoman Janet Yellen said she doesn’t see the U.S. economy at risk of overheating and doesn’t expect growth to pick up much soon, comments suggesting the central bank is sticking to its plan of raising interest rates cautiously in the months ahead.image

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Mnuchin Defends Investments, Qualifications in Senate Hearing

Fri, 20 Jan 2017 04:38:47 EST

Donald Trump’s pick for Treasury secretary, Steven Mnuchin, brushed aside criticism from Democrats over his qualifications and investment holdings and sought to reassure lawmakers on a range of issues.image

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Commerce Nominee Offers Preview of Trade Policy

Wed, 18 Jan 2017 21:22:19 EST

Wilbur Ross, President-elect Donald Trump’s pick for commerce secretary, provided the deepest view yet of the incoming administration’s likely direction on trade in testimony before the committee considering his nomination.image

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Inflation Gauge Tops 2%, Supporting Fed's Plan to Raise Rates

Thu, 19 Jan 2017 09:42:08 EST

A broad measure of inflation poked above 2% for the first time in two-and-a-half years in December, a sign of diminished economic slack that could support additional moves by the Federal Reserve to raise interest rates this year.image

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Wal-Mart Starts Layoffs at Headquarters

Fri, 20 Jan 2017 18:29:44 EST

Wal-Mart Stores was following through Friday on plans to cut nearly 1,000 corporate jobs. image

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Retailers Turn to Silicon Valley to Lure Customers

Fri, 20 Jan 2017 17:03:20 EST

In the age of, other retailers are scrambling to find a way to keep consumers shopping on their sites and in stores. The trick? Personalization, via data and tech. image

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Tesla Boosts Range of All-Electric Model S to 335 Miles

Fri, 20 Jan 2017 17:43:38 EST

Tesla Motors has extended the battery range for a new version of the Model S sedan to 335 miles on a charge, furthering the Silicon Valley auto maker’s lead in the all-electric car race. image

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May Hints at Trump Rebuke in Vow to Lead on Free Trade

Thu, 19 Jan 2017 21:18:32 EST

British Prime Minister Theresa May said the U.K. would become a world leader in promoting the merits of globalization, underscoring her vision of an internationalist Britain outside the EU.image

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McDonald's Turns Up Heat in Russia

Fri, 20 Jan 2017 11:18:39 EST

McDonald’s is advancing into new territories such as Siberia and encountering familiar rivals such as KFC and Burger King, which built scores of restaurants in the past few years.image

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SEC Questions Herbalife Over China Anti-Corruption Efforts

Fri, 20 Jan 2017 14:54:04 EST

Herbalife said Friday that the Securities and Exchange Commission is investigating its anticorruption efforts in China.image

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Schlumberger Looks Towards Growth After Posting Another Quarterly Loss

Fri, 20 Jan 2017 11:42:07 EST

Schlumberger’s chief executive expressed cautious optimism Friday that a two-year downturn that ravaged the world-wide energy industry has reached its bottom and recovery is on the way.image

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