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US Business

Last Build Date: Mon, 23 Apr 2018 03:12:37 EDT

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

U.S.-China Trade War Is Bad News for Google's Expansion

Sun, 22 Apr 2018 22:08:21 EDT

The barring of Chinese smartphone maker ZTE by the U.S. government from working with American companies is an unforeseen challenge for Google in a bid to get its mobile software in the hands of wider swaths of users. image

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Tencent Music Plans IPO; Valuation Could Exceed $25 Billion

Mon, 23 Apr 2018 02:23:39 EDT

Tencent Music, China’s largest music-streaming company, is preparing what would be one of the largest tech IPOs ever following the successful debut of its European counterpart Spotify.image

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Amazon Trades Like a Tech Stock but Pays Like a Warehouse

Sun, 22 Apr 2018 23:35:42 EDT

Median pay at Amazon reveals the predominantly blue-collar nature of its workforce, which sets it apart from tech peers Facebook, Apple and Google-parent Alphabet.image

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Retirement Shock: Need to Find a Job After 40 Years at General Electric

Sun, 22 Apr 2018 23:38:58 EDT

GE’s unraveling has wiped out roughly $140 billion in stock-market wealth in the past year, not just for big Wall Street firms but among former employees who, like many small investors, long believed the company invincible. image

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Overseas Markets Beckon U.S. Hospital Firms Hungry to Expand

Sun, 22 Apr 2018 21:41:50 EDT

Slower to globalize than many other sectors, the U.S. hospital industry is now looking beyond American borders for deals in Asia and other markets, where it hopes to hedge exposure to domestic pressures. image

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A Downturn That Costs Jobs Could Catch the U.S. Unprepared

Sun, 22 Apr 2018 15:23:32 EDT

During good times, states are supposed to build up trust funds for unemployment insurance to help cover workers who get laid off in recession. Nearly 10 years into the expansion, more than half of all U.S. states are unprepared for the next downturn.image

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Oil Prices Are Fast Approaching $70. Is the Economy Ready?

Sun, 22 Apr 2018 23:31:37 EDT

Crude prices at $70 a barrel are seen as a bearable weight on the U.S. economy for now but could pose trouble if they keep climbing. image

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China 'Welcomes' Mnuchin's Interest in Traveling to Beijing for Trade Talks

Sun, 22 Apr 2018 22:08:53 EDT

U.S. Treasury secretary a trip to China was “under consideration” to discuss ways to defuse trade tensions between the two countries.image

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Europe Confronts Blowback From U.S. Economic Moves

Mon, 23 Apr 2018 03:12:25 EDT

German Chancellor Angela Merkel and French President Emmanuel Macron visit Washington this week with strains hanging over European economic relations with the U.S.image

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OPEC, Russia Back Continued Oil Cuts, Drawing Trump Ire

Fri, 20 Apr 2018 22:04:33 EDT

A group of some of the world’s biggest crude producers said they would keep a tight grip on output for the rest of the year, and perhaps into next, spurring President Donald Trump to call oil prices “artificially very high.” image

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Starbucks Lacks Clear Guidance for Employees on Nonpaying Customers

Sun, 22 Apr 2018 22:27:30 EDT

Recent arrests of two nonpaying visitors at a Philadelphia Starbucks have raised questions among some employees about how to handle such situations.image

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Ford CEO's Cost-Cut Plan in Focus During Its Slump

Sat, 21 Apr 2018 19:55:33 EDT

Jim Hackett is trying to make changes. But the auto maker is ‘burning a lot of cash in a lot of places,’ says one analyst. image

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Who Has More of Your Personal Data Than Facebook? Try Google

Sun, 22 Apr 2018 22:24:03 EDT

Google’s data-gathering empire is bigger and more pervasive than Facebook’s—and while it hasn’t been plagued by scandal, it can’t evade scrutiny forever. image

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China's Xi Jinping Outlines Vision for Future as Tech Power

Sun, 22 Apr 2018 22:07:36 EDT

Chinese President Xi Jinping outlined an updated vision for China’s future as an internet and technology power, pledging more state support for sectors caught in the cross-hairs of a trade fight with the U.S. image

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Top ECB Officials Give Different Takes on the Economy

Fri, 20 Apr 2018 20:07:35 EDT

Two of the European Central Bank’s most influential officials offered differing interpretations of an apparent slowdown in the eurozone economy, highlighting the thorny decisions facing the bank as it prepares to draw a line under a decade of easy money just as growth softens.image

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White House Backs Funding Increase for World Bank

Sat, 21 Apr 2018 16:57:17 EDT

The Trump administration is setting aside its skepticism of big international institutions that manage the global economy, in part because it wants to use the World Bank as a counterweight to China’s growing international influence. image

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GM Veteran Joins Race for the Next Tesla

Sat, 21 Apr 2018 10:00:04 EDT

Deep-pocketed investors looking to create the next Tesla are turning to seasoned automotive executives for help making sense of the complicated and capital-intensive car business. image

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Korean Air's Notorious Sisters Resign as Executives

Sun, 22 Apr 2018 21:23:38 EDT

The head of Korean Air Lines Co. said Sunday that his two daughters had resigned their positions at the company after an uproar over allegations that they had abused their subordinates. image

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