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US Business

Last Build Date: Fri, 24 Feb 2017 17:04:19 EST

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

Capital-Control Policy Puts Brakes on Chinese Investment in Hollywood

Fri, 24 Feb 2017 15:38:12 EST

China has been snapping up Hollywood companies in recent years, but as the government increases scrutiny of overseas investment, some pending deals face the threat of an unwelcome twist ending.image

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Trump to Meet With Insurance Executives on Repeal of Affordable Care Act

Fri, 24 Feb 2017 16:33:25 EST

President Donald Trump is planning to hold a round-table meeting with health-insurance executives at the White House on Monday, according to people close to the planning, as the administration looks to encourage insurers to sign onto Republicans’ health-care overhaul efforts. image

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J.C. Penney Is Latest Retailer Forced to Downsize

Fri, 24 Feb 2017 17:04:07 EST

J.C. Penney joins the list of retailers that will shrink to survive a shift away from traditional stores. The department-store chain said it would close up to 140 locations, even as it reported its first annual profit since 2010.image

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Software Bug at Web-Service Provider Causes Data Leaks

Fri, 24 Feb 2017 14:35:00 EST

A software bug at Cloudflare that caused it to leak data has created a potential security headache for thousands of its corporate customers.image

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Former SunEdison Executives File Whistleblower Lawsuits

Fri, 24 Feb 2017 16:11:01 EST

Two former executives at SunEdison, the solar-power company that filed for bankruptcy protection last year, filed whistleblower lawsuits claiming they were fired after sounding the alarm about the company’s precarious finances. image

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Fed Isn't Ready to Cut Balance Sheet

Thu, 23 Feb 2017 23:32:39 EST

Fed Chairwoman Janet Yellen and other top central bank officials are in no hurry to reduce their $4.5 trillion portfolio of securities and other assets, effectively pushing back on several regional Fed bank presidents who have suggested starting the process this year. image

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Modifying Fed Stock Rules Could Diminish Reserve Banks' Autonomy

Fri, 24 Feb 2017 16:55:38 EST

The Government Accountability Office warned further changes to the Fed’s stock ownership requirement could have “wide-ranging policy implications” for the Fed’s structure, and could diminish the autonomy and independence of the 12 regional Fed banks.image

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U.S. New-Home Sales Rose 3.7% in January

Fri, 24 Feb 2017 12:14:17 EST

New home sales rebounded in January after a steep decline in December, an indication that the new-construction market remains on the path to recovery despite bumps along the way. image

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U.S. Consumer Sentiment Falls But Remains Near Decadelong High

Fri, 24 Feb 2017 10:53:51 EST

A gauge of consumer sentiment fell slightly in February, but remained near a decadelong high, as self-identified Republicans and Independents remain confident in the economy after the election of Donald Trump.image

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World Trade Flows Grew at Slowest Pace since Financial Crisis in 2016

Fri, 24 Feb 2017 13:52:44 EST

International trade flows grew at the slowest pace since the financial crisis in 2016, but there were signs of a modest pickup as the year drew to a close.image

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Apple, Samsung Need to Dazzle in a Slow Market

Fri, 24 Feb 2017 14:29:38 EST

For the two largest players in the smartphone business, Apple and Samsung, the goal this year is to restore some luster to their brands. Both saw smartphone sales fall for the first time in 2016. image

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How Nasty Gal Went From $85 Million in Sales to Kaput

Fri, 24 Feb 2017 16:45:49 EST

The spiral into bankruptcy of Sophia Amoruso’s Nasty Gal, an online retailer once popular with millennial shoppers and venture capitalists, shows how its swift growth led to stumbles.image

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Michael Levine Helped End Regulation of Airfares in the U.S.

Fri, 24 Feb 2017 10:14:25 EST

Michael Levine was a top official at the Civil Aeronautics Board in the late 1970s and helped phase out that regulatory body as airfares were deregulated. He died Feb. 3 at the age of 75. image

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Trump's Hard Line on Immigration Collides With U.S. Demographics

Thu, 23 Feb 2017 10:02:32 EST

President Trump hopes to deliver growth above 3% in the coming decade, which would be hard in the best of times. He and Republicans seem intent on making it harder by putting the brakes on immigration, Greg Ip writes. image

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GM, Tech Industry at Loggerheads Over Self-Driving Cars

Fri, 24 Feb 2017 10:19:52 EST

General Motors is backing legislation in numerous states that tech companies say is designed to put them at a disadvantage in the nascent market for autonomous vehicles. GM denies the claim.image

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Volkswagen Sets New Pay Structure for Executives

Fri, 24 Feb 2017 15:25:15 EST

Volkswagen unveiled a new pay structure for top management to quell investor ire over the big bonuses paid to leading executives in the wake of its emissions-cheating scandal.image

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Japanese Workers Unleash Their Inner Slacker---for a Day

Fri, 24 Feb 2017 15:00:42 EST

Premium Friday’s goal is to improve productivity, reduce employee overwork and increase consumption. But will Japanese people take the bait?image

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