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US Business

Trucking Companies Race to Add Capacity, Drivers as Market Heats Up
Sat, 20 Jan 2018 08:00:04 EST - Investors expect the humming economy to translate into an uptick in profits for trucking companies when they report earnings over the next couple of weeks. But carriers can’t add capacity fast enough to take advantage of the flood of new business.
China's Wanda Gets Back to Basics as Revenue Slides
Sun, 21 Jan 2018 01:40:45 EST - Chinese billionaire Wang Jianlin’s flagship company reported a decline in revenue for a second straight year as it retreated from its ambitious expansion into entertainment and overseas property.
Coca-Cola, Criticized for Plastic Bottles, Sets Recycling Goals
Fri, 19 Jan 2018 11:28:05 EST - Coca-Cola said it wants to collect and recycle the equivalent of 100% of the packaging it puts out into the world by 2030.
P&G Grapples With How to Stop a Tide Pods Meme
Sat, 20 Jan 2018 17:07:42 EST - Teens are eating Tide Pods for views and likes, and P&G is struggling with how to stop a meme that’s already gone viral.
Advertising's 'Mad Men' Bristle at Digital Revolution
Sat, 20 Jan 2018 07:29:43 EST - Publicis Groupe, one of the world’s largest ad agencies, is trying to force old-school “creatives” to work more closely with new technology hires to hang on to big clients. One tool: an algorithm dubbed “Marcel” that selects teams from across the company’s sprawling operations.
How a Labor Stronghold Could Soon Take a Hit
Fri, 19 Jan 2018 15:38:35 EST - An expected Supreme Court ruling this year could undercut union membership among public workers, which have been a stronghold for labor even as union membership in the private sector has declined.
Consumer Sentiment Slides for Third-Straight Month
Fri, 19 Jan 2018 12:11:26 EST - A measure of U.S. consumer sentiment slid in January for the third-straight month, continuing to ease after reaching its highest level in more than a decade.
White House Considering San Francisco Fed's Williams for Fed Vice Chairman
Fri, 19 Jan 2018 10:36:13 EST - The White House is considering John Williams, the president of the San Francisco Fed, as a candidate to serve as the vice chairman of Federal Reserve Board in Washington, according to people familiar with the matter.
China to Be Focus of U.S. Trade Policy This Year
Fri, 19 Jan 2018 18:01:24 EST - President Donald Trump’s “America First” trade policy will be more focused in the coming year on countering China, an administration official said. The strategy may emphasize enforcement over negotiations with its leaders.
BOJ Looks to Massage Its Message as Inflation Edges Up
Fri, 19 Jan 2018 08:56:27 EST - The Bank of Japan is optimistic about hitting its 2% inflation target within two years and is thinking about how best to communicate any possible policy changes.
Lawsuits Mount Against LuLaRoe, Maker of Colorful Women's Leggings
Sat, 20 Jan 2018 00:41:22 EST - LuLaRoe, a direct-sales company famous for its brightly patterned womenswear, is facing lawsuits accusing it of being a pyramid scheme, with its founders and top sellers raking in profits at the expense of nonsalaried retailers.
Facebook to Rank News Sources by Quality to Battle Misinformation
Sat, 20 Jan 2018 06:49:56 EST - Facebook plans to start ranking news sources in its feed based on user evaluations of credibility, a major step in its effort to fight false and sensationalist information that will also push the company further into a role it has long sought to avoid—content referee.
Delta Cracks Down on Service Animals, Citing Range of Risks
Fri, 19 Jan 2018 16:00:49 EST - Delta Air Lines said that emotional-support and service animals will now need advanced documentation to travel, saying that incidents such as biting and urination have risen 84% since 2016.
Trump Is Still Their Man
Sun, 21 Jan 2018 00:09:03 EST - In the heart of Virginia coal country, the people of Buchanan County gave candidate Trump some of his biggest majorities, and they remain loyal. The reason: A local rebound.
Federal Reserve's Quarles Calls for Tailored Approach to Supervision
Fri, 19 Jan 2018 15:09:09 EST - The Federal Reserve’s supervision chief detailed a deregulatory agenda that would adjust thresholds determining capital and liquidity levels at banks, as well as other types of oversight.
The Antitrust Case Against Facebook, Google and Amazon
Wed, 17 Jan 2018 13:34:40 EST - Facebook, Google and Amazon dominate their worlds just as Standard Oil and AT&T once did. Critics say they should get the same treatment. The answer to the antitrust question depends on a narrow test: Are consumers worse off?
Owner of New York's Strand Turned Struggling Book Store Into a Literary Landmark
Fri, 19 Jan 2018 10:30:03 EST - Fred Bass took over the Strand, his father’s struggling book store in New York, and turned it into a literary landmark. Mr. Bass, who died this month, was bold enough to buy books in bulk. “You can’t sell a book you don’t have,” he told one interviewer.
Why Some Small-Business Owners Will Miss Out on a Big Tax Break
Fri, 19 Jan 2018 11:11:29 EST - Restrictions in the new federal tax law prevent certain small-business owners from claiming a tax break for what is considered labor income.
Los Angeles Times Publisher to Go on Unpaid Leave of Absence
Fri, 19 Jan 2018 21:15:21 EST - Ross Levinsohn, the publisher and chief executive of the Los Angeles Times, has voluntarily agreed to take an unpaid leave of absence while parent company Tronc investigates allegations of workplace misconduct at his prior places of employment, according to the company.

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