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US Business

Last Build Date: Mon, 24 Jul 2017 22:42:00 EDT

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

Google Parent Posts Strong Ad Growth, But Earns Less for Each Click

Mon, 24 Jul 2017 22:40:32 EDT

Google parent Alphabet said its advertising business continued to hum, but its fastest-growing segments—mobile and YouTube advertising—are less lucrative than desktop ads.image

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KKR to Buy WebMD in $2.8 Billion Deal

Mon, 24 Jul 2017 22:16:13 EDT

KKR has reached a deal to buy WebMD Health Corp. for $2.8 billion. The New York-based health-information provider had been running an auction after publicly putting itself in play earlier this year.image

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Daimler Gets a Foothold in China's Self-Driving Car Market

Mon, 24 Jul 2017 22:39:45 EDT

Mercedes-Benz parent Daimler AG is investing in a Chinese self-driving startup, in another instance of a Western auto maker seeking out a Chinese partner to get a foothold in a challenging market.

Visual-Effects Company Sues Another Two Movie Studios

Mon, 24 Jul 2017 19:28:44 EDT

Rearden LLC on Monday sued Twentieth Century Fox, Paramount Pictures and videogame publisher Square Enix Inc. in federal district court in San Francisco.image

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AbbVie Ordered to Pay $150 Million in AndroGel Lawsuit

Mon, 24 Jul 2017 19:00:27 EDT

A federal-court jury in Chicago ordered drugmaker AbbVie to pay $150 million in punitive damages to an Oregon man after finding the company liable for fraudulent misrepresentations about the safety of the testosterone-replacement therapy AndroGel, according to court records.image

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Existing-Home Sales Slide as Prices Surge on Tight Supply

Mon, 24 Jul 2017 11:40:04 EDT

Sales of previously owned U.S. homes fell in June and prices jumped as strong demand overwhelmed a pinched supply of available homes.image

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In Reversal, Colleges Rein In Tuition

Mon, 24 Jul 2017 08:34:31 EDT

U.S. college tuition is growing at the slowest pace in decades, following a nearly 400% rise over the past three decades that fueled middle class anxieties and a surge in student debt.image

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Eurozone Economy Slows in July, Survey Shows

Mon, 24 Jul 2017 09:01:49 EDT

The eurozone economy slowed in July, according to a survey of businesses, an indication that it may not perform as strongly in the second half of the year as it has in the first. image

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We Won't See You in Court: The Era of Tort Lawsuits is Waning

Mon, 24 Jul 2017 22:33:50 EDT

State restrictions, the increasing cost of filing and a long campaign by businesses has discouraged plaintiffs. ‘People are just not filing cases like they used to,’ says one D.C. trial judge.image

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Expedia, Priceline Home In on Airbnb's Turf

Mon, 24 Jul 2017 20:47:15 EDT

As the vacation-rental industry rapidly expands as a popular alternative to hotel stays, Expedia and Priceline are betting big on the sector by boosting their inventory of home-rental options that can be booked similarly to a hotel, with just a few clicks.image

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Samsung Releases Arthritis Drug in First Step Into U.S. Pharmaceuticals

Mon, 24 Jul 2017 22:18:50 EDT

South Korea’s Samsung conglomerate, best known for its smartphones and televisions, will make available in the U.S. its lower-price copy of Johnson & Johnson’s blockbuster arthritis drug Remicade.image

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U.S. Message to China: Hands Off Our Companies

Sun, 23 Jul 2017 17:20:42 EDT

The American committee that screens foreign investments is holding up high-profile acquisitions involving Chinese companies amid concern about the risks they might pose to U.S. national security. image

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'Phelps vs. Shark,' Reviewed by a Shark

Mon, 24 Jul 2017 22:10:08 EDT

Discovery’s much-ballyhooed race between human swimmer Michael Phelps and a great white shark prompts a cold-blooded assessment.image

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Arconic Weighs in on London Fire

Mon, 24 Jul 2017 22:41:48 EDT

Arconic Inc. Interim Chief Executive David Hess on Monday expressed sympathy for the victims of a deadly fire last month in London’s Grenfell Tower, but stressed the company had no control over the use of its aluminum panels on the building’s exterior.image

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Sony Restructures Television Unit

Mon, 24 Jul 2017 19:59:19 EDT

Sony Pictures Entertainment has restructured its television production unit in the wake of two top executives departing last month to oversee’s push into creating original content. image

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