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Last Build Date: Sat, 24 Mar 2018 00:31:06 EDT

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

How Many Calories Are in That Cocktail? Soon You'll Know

Fri, 23 Mar 2018 18:07:49 EDT

New rules will require restaurant chains to show how many calories are in a cocktail—but will drinkers change their habits?

Uber Crash Highlights Growing Safety Concern: Pedestrians

Fri, 23 Mar 2018 16:37:04 EDT

A deadly crash in Arizona involving an autonomous vehicle operated by Uber Technologies Inc. spotlights a pedestrian-safety problem that is getting increasingly worse in an era of constant smartphone use and a surge in impaired driving. Agrees to Appoint Two Starboard Nominees to Board

Fri, 23 Mar 2018 08:17:30 EDT said it would appoint two of the nominees chosen by Starboard Value to its board, a month after the activist investor nominated four of its own candidates.

Steve Wynn Sheds Entire Stake in Casino Giant He Co-Founded

Fri, 23 Mar 2018 04:32:39 EDT

The former chairman and CEO sold his 12% stake in Wynn Resorts, the final step in a dramatic exit after female employees made allegations of sexual misconduct against him.

The Savviest Tech Investor You've Never Heard of Is Selling Down Tencent

Thu, 22 Mar 2018 21:35:36 EDT

One of the oldest and largest investors in Tencent is selling close to $10 billion of shares in the Chinese internet giant, reducing one of the world’s most lucrative tech bets at a time of turbulence for the sector.

Steve Wynn Sells Remaining Shares in Wynn Resorts

Fri, 23 Mar 2018 11:11:58 EDT

Steve Wynn sold the remainder of his stake in Wynn Resorts on Thursday, according to the company, part of a deal with two long-term institutional investors that will “effectively eliminate his ownership” in the company.

DOJ and AT&T Clash Over Impact on Consumers of a Time Warner Deal

Fri, 23 Mar 2018 11:20:18 EDT

The Justice Department warned consumers will see price increases of more than $400 million for pay TV if the proposed combination of AT&T and Time Warner goes ahead; AT&T said that’s preposterous.

Late 'Star Trek' Actor's Family Settles Suit Against Fiat Chrysler

Fri, 23 Mar 2018 11:22:09 EDT

The family of “Star Trek” actor Anton Yelchin settled a lawsuit brought against Fiat Chrysler Automobiles NV after his Jeep rolled away and killed him in his driveway nearly two years ago.

Comedian Byron Allen Buys Weather Channel

Thu, 22 Mar 2018 17:45:40 EDT

Comedian-turned-media-entrepreneur Byron Allen has struck a deal to acquire the Weather Channel from Comcast Corp. and private-equity firms Blackstone Group LP and Bain Capital for $300 million.

How Century Aluminum Won a Lonely Fight for Tariffs

Thu, 22 Mar 2018 23:37:29 EDT

In an industry hollowed out by decades of foreign competition and plant closings, a little-known aluminum maker became the leading advocate for tariffs that most of its competitors didn’t want.

U.S. Music Revenue Rose in 2017 Lifted by Spotify, Other Streaming Services

Fri, 23 Mar 2018 01:42:02 EDT

The music industry’s rebound continues as revenue in the U.S. rose significantly for two consecutive years for the first time since its 1999 peak, thanks almost entirely to the rise of streaming services.

Blackwells Launches Proxy Fight at Supervalu

Thu, 22 Mar 2018 16:06:05 EDT

A proxy fight is under way at Supervalu Inc. as an activist investor seeks to overhaul the board of directors at one of the nation’s largest grocery companies.

Pershing Square Cashes Out of Nike Stake

Thu, 22 Mar 2018 13:42:10 EDT

William Ackman’s Pershing Square Capital Management cashed out of its brief holding in Nike in recent weeks, for a profit of around $100 million.

Ford Expands Partnership With Indian Car Maker

Thu, 22 Mar 2018 21:40:32 EDT

Ford Motor Co. is taking steps to solidify its partnership with Indian auto maker Mahindra & Mahindra Ltd. in an important emerging market that has long been a challenge for many car makers.

Naspers Who? Tencent Investor Is Africa's Most Valuable Company

Thu, 22 Mar 2018 10:44:54 EDT

A $34 million bet in 2001 on China’s Tencent transformed Naspers into a media and internet juggernaut and one of the world’s savviest—if little known—tech investors.

Whole Foods Losing Executives Under New Owner Amazon

Thu, 22 Mar 2018 12:39:01 EDT

More than a dozen executives and senior managers have left Whole Foods in the seven months since its acquisition by—leaving some suppliers and shoppers worried the chain’s retailing mojo won’t endure.

Manufacturers Aim to Blunt Tariff Pain

Thu, 22 Mar 2018 10:49:07 EDT

As manufacturers scramble to prepare for the start of U.S. tariffs on imported steel and aluminum this Friday, one business group is appealing to President Donald Trump with an ad purchase on Fox & Friends and Hannity.

To Manage Storms, Airlines Try to Keep Passengers Away From Airports

Thu, 22 Mar 2018 11:49:09 EDT

Carriers have become more adept at juggling adverse weather and have tried to deter passengers from even heading to the airport when flights are grounded.

Starbucks Aims for More Mobile Orders

Wed, 21 Mar 2018 17:23:30 EDT

With U.S. sales slowing, Starbucks wants to spread its mobile-ordering app beyond loyal customers.

U.S. Farm Sector Looks Warily at China Tariff Threats

Wed, 21 Mar 2018 19:07:02 EDT

Shares in grain trading firms fell amid growing concern the Trump administration’s tougher trade policies will provoke China to punish U.S. farmers.

Steve Wynn Intends to Sell Some or All Shares in Wynn Resorts

Wed, 21 Mar 2018 18:02:44 EDT

Steve Wynn “intends to sell” some or all of his Wynn Resorts shares, according to a securities filing, capping a series of moves to allow the casino empire’s embattled founder to reduce his 12% stake.

MGM CEO Was Fired After Disagreement With Board

Thu, 22 Mar 2018 06:41:59 EDT

The board of MGM Holdings abruptly fired Chief Executive Gary Barber amid disagreement over whether the Hollywood studio was well-positioned for growth.

How One Investor Made a Fortune Picking Over the Retail Apocalypse

Thu, 22 Mar 2018 09:38:01 EDT

Sycamore Partners, owner of Anne Klein, Hot Topic and Nine West, has succeeded where many other investors have stumbled. It’s making money in brick-and-mortar retailing.

FedEx Pinched by Retail Shift During Holidays

Wed, 21 Mar 2018 11:13:12 EDT

Some retailers gambled on slower shipping options during the holidays, depriving FedEx of higher-priced express shipments until the crunchtime before Christmas.

Median CEO Pay Hit Record of Nearly $12 Million in 2017, Juiced by Markets

Wed, 21 Mar 2018 19:35:25 EDT

The chief executives of America’s biggest companies are on track for another banner year of compensation. Median pay for the chief executives of 133 of the largest U.S. companies reached an all-time high of $11.6 million in 2017.

How Pennsylvania Slashed Emissions From Coal-Fired Plants Without Alienating Industry

Wed, 21 Mar 2018 12:36:22 EDT

A regulation in Pennsylvania has turned out to be surprisingly effective in bringing down emissions at coal-fired power plants and is winning some respect from environmentalists and regulators.

Victims' Lawyer Pushes Back on Fast Sale of Weinstein Co.

Wed, 21 Mar 2018 16:17:54 EDT

An attempt to quickly sell Weinstein Co. assets in bankruptcy is facing pushback over how lawsuits pending against the company will be handled.

Nordstrom Ends Buyout Talks With Founding Family

Wed, 21 Mar 2018 11:45:59 EDT

A special committee of Nordstrom Inc.’s board of directors has terminated discussions with members of the founding Nordstrom family who were trying to take the company private.

Salesforce Reaches Deal to Buy Cloud-Application Builder MuleSoft

Tue, 20 Mar 2018 19:21:20 EDT is buying MuleSoft in a deal valuing the firm at $6.5 billion as Salesforce adds technology to help customers tap data from older computer systems as they move to the cloud.

AT&T-Time Warner Trial Tip-Off Postponed by Snow

Wed, 21 Mar 2018 08:56:41 EDT

Forecasts of snow in the U.S. capital prompted a federal judge to push back to Thursday the opening arguments in the long-awaited antitrust trial of AT&T Inc. and Time Warner Inc.

General Dynamics Boosts Offer for CSRA

Tue, 20 Mar 2018 20:29:19 EDT

General Dynamics boosted its offer for CSRA in an effort to fend off the unsolicited bid for the federal information technology provider from rival CACI International.

Orbitz Discloses Possible Data Breach Affecting 880,000 Payment Cards

Tue, 20 Mar 2018 16:45:52 EDT

Expedia Inc.’s Orbitz subsidiary said Tuesday it has discovered a possible data breach affecting thousands of customers on one of its older sites and a partner platform.

Dover Picks CEO of CNH as New Leader

Tue, 20 Mar 2018 11:49:29 EDT

Industrial-equipment maker Dover Corp. said its chief executive is retiring next month, and that the CEO of CNH Industrial NV is taking his place.

At Food Expo, Companies Seek the Next Big Thing

Tue, 20 Mar 2018 10:49:02 EDT

Thousands of food-company executives, retail giants and potential investors are gathering in California this week to answer an increasingly elusive question: What’s the next eating trend?

CVS to Hire Former Eli Lilly CFO to Run Pharmacy Benefit Business

Tue, 20 Mar 2018 14:59:23 EDT

CVS Health tapped a former Eli Lilly finance chief to run its pharmacy benefit business as the drugstore giant works to complete an acquisition of insurer Aetna.

Glencore Doubles Down on Coal With $1.7 Billion Australian Investment

Tue, 20 Mar 2018 22:22:54 EDT

Glencore added to its growing portfolio of coal assets with a $1.7 billion investment in a pair of Australian producers—part of a bet by the mining giant that demand for coal in Southeast Asia will remain strong, even as competitors shy away from the stuff.

United Suspends Cargo Program for Pets

Tue, 20 Mar 2018 09:58:34 EDT

Under fire for its handling of pets, United Continental Holdings will stop taking reservations for its live-animal shipping program at least until May 1 as it reviews the program.

Three Former Newell Directors to Drop Their Proxy Fight

Tue, 20 Mar 2018 16:04:14 EDT

Three former Newell Brands directors will part ways with the activist investors they aligned with in a proxy fight, opting out after the company struck a deal with Carl Icahn.

Why Crate and Barrel's CEO Isn't Worried About Amazon

Tue, 20 Mar 2018 10:31:06 EDT

Three years ago, Crate and Barrel had little social-media presence, but it now has more than one million Instagram followers and produces more digital content than photographs.

Shipowners' Quandary: Buy Cleaner Fuel or a Fuel Cleaner?

Tue, 20 Mar 2018 16:20:59 EDT

The owners of 60,000 cargo ships are bracing for tighter emissions rules that are forcing them to make a multibillion-dollar choice: Start buying cleaner-burning fuel or invest in a device that treats the ship’s exhaust before letting it out.

SandRidge Energy Rejects Bid, Hires Advisers to Review Options

Mon, 19 Mar 2018 19:56:35 EDT

SandRidge Energy Inc. has rejected Midstates Petroleum Co.’s unsolicited stock-for-stock offer, saying the numbers didn’t make a deal feasible, but it has hired advisers and said it is open to other options—that may include Midstates.

Tronc's Michael Ferro Retires; Misconduct Allegations Surface

Tue, 20 Mar 2018 05:57:28 EDT

Tronc announced Monday that its largest shareholder, Michael Ferro, is stepping down as nonexecutive chairman hours before the publication of an article alleging that he had made inappropriate sexual advances toward two female entrepreneurs.

Newell Strikes Deal With Icahn to Fend Off Other Activists

Mon, 19 Mar 2018 18:22:37 EDT

Newell Brands agreed to nominate four independent board directors chosen by Carl Icahn and consider selling more of its businesses as part of a truce with the activist investor, the consumer-goods company said.

Bid For Hammerson Shows Malls Are Hot -- In Europe, Anyway

Mon, 19 Mar 2018 18:16:23 EDT

France’s Klépierre, a holding of U.S. mall king David Simon, has made an unsolicited $6.8 billion bid for U.K. property firm Hammerson, the latest sign of consolidation in the retail real estate sector.

Boeing Ends Objection to United Technologies-Rockwell Merger

Mon, 19 Mar 2018 15:12:44 EDT

Boeing dropped its opposition to plans for its largest suppliers to merge, reflecting pressure on the aerospace industry to deliver its record backlog of jetliners.

Steve Wynn's Attorney Reported Alleged Sexual Misconduct Victim to FBI

Tue, 20 Mar 2018 23:24:22 EDT

A lawyer for Steve Wynn said he recently reported a woman to the FBI after she threatened to go public about the casino mogul’s alleged sexual misconduct against her, which had prompted a 2006 settlement, court records indicate.

At Nike, Female Staffers Circulated Survey About Workplace Behavior

Mon, 19 Mar 2018 10:25:22 EDT

The women were concerned about allegations circulating internally of inappropriate workplace behavior by some men and drew up the survey to gather information about these issues.

Grubhub Expands Pact With Yelp, Aiming for Cheaper Deliveries

Mon, 19 Mar 2018 14:59:40 EDT

Grubhub and its rivals say they need to get bigger to cut delivery fees that are sometimes higher than the price of a burger and fries. That is partly the goal of the expanded partnership that Grubhub and Yelp plan to announce on Monday.

CACI Makes Bid for CSRA, Seeking to Break Up General Dynamics Deal

Mon, 19 Mar 2018 08:58:53 EDT

CACI International Inc. has made a roughly $7.2 billion bid to buy CSRA Inc. in an attempt to break up the information-technology provider’s sale to General Dynamics Corp.

Don't Call It a Car: China Tech Giants Want to Sell 'Mobile Living Spaces'

Mon, 19 Mar 2018 07:47:37 EDT

Tech firms Baidu, Alibaba and Tencent—aka the BATs—have conquered e-commerce and mobile payments on smartphones and now are moving onto their next platform, cars.

Trade Associations to Petition Trump Administration to Halt China-Tariff Plans

Mon, 19 Mar 2018 11:10:35 EDT

Forty-five groups representing a wide swath of the U.S. economy are asking the president to work with other nations to press Beijing to end restrictions on foreign firms instead of imposing tariffs on China.

Natural Gas Under Assault in Some States After Brief Reign at the Top

Mon, 19 Mar 2018 13:14:20 EDT

State mandates and renewable advocates argue new gas plants aren’t needed or should be replaced by renewable-energy plants.

Meredith to Cut Up to 300 Jobs

Sun, 18 Mar 2018 16:03:57 EDT

Meredith Corp., the country’s largest magazine publisher, is expected to lay off 200 to 300 staffers as soon as this week after recently completing the acquisition of Time Inc.

The Next Housing Crisis: A Historic Shortage of New Homes

Wed, 21 Mar 2018 11:00:32 EDT

A decade after the construction boom, fewer new houses are being built in America than at almost any time before. “It’s a good time to be here in Grand Rapids, if you can get a house.”

Can Retailers Keep Pace With Shoppers?

Sun, 18 Mar 2018 12:27:55 EDT

After strong holiday season, retail executives gather at the Shoptalk conference in search of new strategies.

Second Nike Exec Leaves in Wake of Workplace Complaints

Fri, 16 Mar 2018 19:38:38 EDT

A second veteran executive is leaving Nike Inc. in the wake of internal complaints about inappropriate workplace behavior at the sneaker and sportswear giant, according to people familiar with the matter.

What a United Technologies Breakup Might Cost

Fri, 16 Mar 2018 17:47:14 EDT

United Technologies CEO Greg Hayes gave analysts on Friday details about the cost of splitting the company ahead of a planned review on the idea.