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US Business



Last Build Date: Sun, 19 Feb 2017 15:57:14 EST

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Kraft Withdraws $143 Billion Offer for Unilever

Sun, 19 Feb 2017 15:56:14 EST

Kraft Heinz dropped its $143 billion offer for rival Unilever, just a little more than 48 hours after making public an audacious bid to combine two of the world’s biggest packaged-food companies.image


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Former Business Partner Speaks Out Against Trump

Sun, 19 Feb 2017 12:21:19 EST

A billionaire real-estate developer is breaking with Donald Trump over the president’s immigration policies and stance toward Mexico, the latest high-profile businessman to publicly criticize the administration.image


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May to Meet Peugeot CEO Amid Concerns Over Vauxhall

Sun, 19 Feb 2017 11:06:45 EST

British Prime Minister Theresa May is expected to meet Peugeot Chief Executive Carlos Tavares this week to discuss the French car maker’s proposal to buy General Motors’ Vauxhall unit.image


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Mining Giants Ride Copper's Wave

Sun, 19 Feb 2017 13:01:21 EST

Copper bulls are looking smart. Some of the world’s biggest mining companies are now poised to reap the rewards, with Anglo American, BHP Billiton and Glencore set to report earnings this week.image


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India Begins Building on Its Citizens' Biometrics

Sun, 19 Feb 2017 08:00:12 EST

India is offering the world’s largest biometric-identity database for use by Indian companies and novice app developers—an opportunity that excites fans of cyber transactions but worries privacy advocates. image


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Trump Team Eyes Change in Calculating Trade Deficit

Sun, 19 Feb 2017 13:10:09 EST

The shift on counting exports would make the U.S. trade gap appear larger than it had in past years, which could give the administration ammunition in arguing that trade deals need to be renegotiated.image


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Trump Team's Growth Forecasts Far Rosier Than Those of CBO, Private Economists

Sat, 18 Feb 2017 10:19:39 EST

The Trump administration has drafted preliminary economic growth forecasts in its federal budget planning that rely on assumptions that are far rosier than projections made by independent agencies and most private forecasters, according to several people familiar with the discussions. image


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Global Economy Week Ahead: Eurozone PMI, U.S. Home Sales, Fed Minutes

Sun, 19 Feb 2017 15:00:06 EST

This week, housing data from the U.S. will offer clues on how a pickup in mortgage rates has affected the market, surveys of purchasing managers will give an early look at how the eurozone economy is holding up in February, and the Bank or Korea releases a policy statement.image


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As Tax Debate Heats Up, Lawmakers Struggle to Think of a Plan B

Fri, 17 Feb 2017 22:46:22 EST

Despite widespread criticism, border adjustment isn’t dead, and that is partly because Republicans haven’t developed palatable alternatives that avoid huge budget deficits or prevent the corporate tax base from fleeing abroad.image


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Conference Board's Leading Indicators Index Rises Again

Fri, 17 Feb 2017 12:24:48 EST

The Conference Board’s leading economic index jumped again in January, a sign that the U.S. economy could continue growing in the first half of this year.image


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SpaceX Launches Its First Rocket From Iconic Florida Pad

Sun, 19 Feb 2017 13:46:02 EST

Space Exploration Technologies successfully launched a cargo capsule into orbit Sunday from the Kennedy Space Center pad from which Apollo 11 took off and which served as home base for the space shuttle. image


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Miles Cahn Turned Coach Into a Household Name

Fri, 17 Feb 2017 13:46:04 EST

In 1961, Miles Cahn and his wife, Lillian, had founded Coach Leatherware, unwittingly setting in motion a revolution in American women’s handbags. Mr. Cahn died on Feb. 10. He was 95.image


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Big Food Looks to Startups for Ideas, Innovation

Sat, 18 Feb 2017 10:37:55 EST

Food giants are starting venture-capital funds to invest in startups focused on healthier and less-processed foods. Kellogg and General Mills are betting these younger companies can teach them to be more entrepreneurial and innovative. image


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Congress Tests Trump Officials on Trade

Fri, 17 Feb 2017 06:11:23 EST

Lawmakers from both parties are showing early resistance to President Donald Trump’s trade policy, a key pillar of his 2016 “America first” campaign. image


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Global Risks Begin to Recede

Thu, 16 Feb 2017 10:43:02 EST

It isn’t only in the U.S. that economic spirits are looking up, Greg Ip writes. Around the world, confidence is on the rise.image


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Speed Limits on Trump's Infrastructure Drive: Federal Laws, Rare Species and Nimbys

Mon, 13 Feb 2017 08:23:25 EST

Neighborhood opposition and environmental regulations, many dating from the 1960s and 1970s, routinely bog down ambitious projects. The required reviews and frequent legal challenges will likely constrain the administration’s plan to spend $1 trillion on ‘highways, bridges, tunnels, airports.’image


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For Generation Z, 'Live Chilling' Replaces Hanging Out in Person

Sun, 19 Feb 2017 10:49:02 EST

For Generation Z, ‘live chilling’ replaces hanging out in person. Teens are finding their friends via video chat, in apps such as Houseparty, Fam and Kik, writes Christopher Mims. image


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Key to Pandora's Subscription Hopes: Country Music

Sat, 18 Feb 2017 15:29:49 EST

As the Internet-radio giant enters the competitive field of subscription streaming services, it hopes to ride its edge with country-music lovers. image


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Big Apartment Landlord Sues Airbnb

Fri, 17 Feb 2017 15:42:54 EST

One of the largest U.S. apartment landlords has filed civil lawsuits in California and Florida against Airbnb, alleging its tenants are renting out units on the site in violation of their leases and are creating unsafe conditions for other tenants.image


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