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US Business

Last Build Date: Thu, 20 Jul 2017 18:52:46 EDT

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

China's Empty Theme Parks Lack a Key Attraction: A-List Film Characters

Thu, 20 Jul 2017 17:40:48 EDT

Dalian Wanda Group’s retreat from the business reveals the challenges China faces in becoming a show-business superpower. So far, it hasn’t matched the global success of Hollywood’s film and TV studios, which continue to fuel U.S. theme-park empires.image

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PepsiCo CEO Picks a No. 2, but No 'Heir Apparent'

Thu, 20 Jul 2017 16:51:37 EDT

PepsiCo’s longtime leader Indra Nooyi is promoting one of her lieutenants to serve as the company’s president, filling a No. 2 role that has been vacant for nearly three years and shuffling around her potential successors.image

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Over 100 Report Being Sickened at Virginia Chipotle

Thu, 20 Jul 2017 13:06:16 EDT

Chipotle Mexican Grill reopened the location it temporarily closed this week in Sterling, Va. after learning of a number of customers who complained of getting sick.image

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Sears to Sell Kenmore Brand on Amazon

Thu, 20 Jul 2017 18:08:59 EDT

Sears will start selling its Kenmore refrigerators and stoves on, marking the first distribution of its kitchen appliances outside of its own stores. image

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IMF Falls Short of Transparency Rules as Key Discussions Remain Secret

Thu, 20 Jul 2017 18:52:33 EDT

The International Monetary Fund provides public access to board-meeting minutes only up to 2010, even though its guidelines require that such information should be available for more-recent deliberations. image

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ECB's Inaction Echoes Global Caution Over Weak Inflation

Thu, 20 Jul 2017 15:48:23 EDT

ECB policy makers haven't yet discussed the future of their bond-purchase program after its tentatively scheduled end in December, but will do so in the fall, ECB President Mario Draghi said.image

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Low Earners Are Making the Biggest Gains for the First Time in Years

Thu, 20 Jul 2017 16:54:16 EDT

For the first time in years, pay for lowest-income Americans is rising faster than for other groups. Weekly pay for earners at the lowest 10th percentile of the wage scale rose at a faster rate last quarter, from a year earlier, than any other group.image

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U.S. Fines Exxon $2 Million Over Russia Sanctions Breaches

Thu, 20 Jul 2017 17:18:52 EDT

The Treasury Department imposed the fine for what it called a “reckless disregard” of U.S. sanctions on Russia by the oil and gas company while Secretary of State Rex Tillerson was chief executive.image

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U.S. Jobless Claims Dropped Last Week

Thu, 20 Jul 2017 11:07:14 EDT

The number of Americans applying for first-time unemployment benefits fell last week, another signal of a buoyant job market.image

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Musk Tweet Teases a New York-to-D.C. Hyperloop

Thu, 20 Jul 2017 15:29:59 EDT

Known for his teasing tweets and ever-expanding list of high-tech ambitions, Elon Musk set observers abuzz again with a vague claim he received “verbal” approval for a high-speed, tunnel-based travel system along one of the busiest corridors in the U.S.image

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BP Said to Be Shopping Its North Sea Oil Fields

Thu, 20 Jul 2017 14:32:17 EDT

BP has approached potential buyers of its oil-and-gas production assets in the North Sea, people familiar with the matter said.image

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Why Small Firms Are Giving Out 15% Pay Raises

Thu, 20 Jul 2017 12:41:52 EDT

As the job market tightens, small-business owners are boosting pay to keep experienced hands from jumping ship.image

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Fed Faces Inflation Riddle

Thu, 20 Jul 2017 10:17:42 EDT

The Fed is likely to stand pat on policy when it concludes a policy meeting next week, but it faces a debate about the future path of interest-rate increases because of a deepening puzzle over inflation. image

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Lack of Progress at U.S.-China Talks Raises Stakes for Trump

Thu, 20 Jul 2017 12:32:03 EDT

High-level economic talks between the U.S. and China ended Wednesday without any progress, leaving the Trump administration’s efforts to recast trade ties with Beijing in limbo. image

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GM Eases Summer Production of Chevrolet Bolt

Thu, 20 Jul 2017 15:04:27 EDT

Workers assembling General Motors Co.’s Tesla fighter are taking a month off this summer amid lukewarm demand, a sign American car buyers are showing little interest in vehicles that rely solely on battery power to get from Point A to B. image

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Appeals to the Ego? Lawyers Vie for Growing Number of Rankings

Thu, 20 Jul 2017 14:58:34 EDT

Solicitations for a mushrooming number of attorney awards and rankings are inundating law firms, and consultants have popped up to guide firms through the submissions process.image

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Twitter Crackdown on Abuse Raises Question: Do the Rules Apply to Trump?

Thu, 20 Jul 2017 12:39:40 EDT

Twitter said it has clamped down on harassment on its service, a campaign that is forcing the company to confront tricky questions about how it applies its standards.image

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