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Facebook's Lax Data Policies Led to Cambridge Analytica Crisis
Wed, 21 Mar 2018 01:14:01 EDT - Facebook’s loose approach to policing how app creators and others deployed its user data persisted for years, including after a 2015 effort by the social network to restrict access, according to court records and people familiar with the social-media giant.
Trump to Ramp Up Trade Restraints on China
Wed, 21 Mar 2018 01:30:30 EDT - The White House is preparing to crack down on what it says are improper Chinese trade practices by making it significantly more difficult for Chinese firms to acquire advanced U.S. technology or invest in American companies.
Texas Bombs Show FedEx, UPS Face Tough Task Preventing Attacks
Tue, 20 Mar 2018 19:18:18 EDT - Millions of packages pass through FedEx and UPS facilities on a typical day, making it hard to prevent the type of explosion that rocked a FedEx sorting center in Texas early Tuesday.
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.
Uber's New CEO Confronts His First Crisis With Driverless-Car Death
Wed, 21 Mar 2018 00:23:39 EDT - Dara Khosrowshahi spent much of the first six months as Uber’s CEO cleaning up scandals he inherited. Just as it appeared Uber was turning a corner, a new crisis has emerged.
Will New Tax Incentives for Poor Communities Work? Some Are Skeptical
Tue, 20 Mar 2018 12:31:39 EDT - Governors across the country are racing to make complicated decisions about which struggling areas in their states will qualify for a new federal tax benefit designed to spur investment in low-income communities.
Europe's Pitch to Trump: You Already Have a Good Trade Deal
Tue, 20 Mar 2018 17:42:58 EDT - The European Union’s top trade official arrives in Washington with a daunting task: convince the Trump administration the bloc’s economic relationship with the U.S. is fair.
Policy Feuds Keep Spending Bill in Flux
Tue, 20 Mar 2018 09:25:01 EDT - Lawmakers hustled Monday to resolve policy disputes holding up an agreement on a sweeping spending bill needed to keep the government funded beyond Friday, but negotiations stretched into early Tuesday morning.
China's New PBOC Chief Promises Quick Change
Mon, 19 Mar 2018 22:44:40 EDT - China’s new central-bank chief, Yi Gang, promised to implement changes quickly, saying “there will be a series of reform and opening-up measures” during the next three weeks.
Senators Press Car Executives, Regulator on Explosive Air Bags
Tue, 20 Mar 2018 19:51:40 EDT - Senate lawmakers pressed regulators and automotive executives on lagging repairs of rupture-prone air bags, bemoaning the pace of an unprecedented recall of devices linked to numerous deaths and injuries.
Nordstrom Ends Buyout Talks With Founding Family
Tue, 20 Mar 2018 20:19:49 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.
AT&T-Time Warner Trial Tip-Off Postponed by Snow
Tue, 20 Mar 2018 17:45:01 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.
Fed's Thinking on Rate Increases May Come Into Focus
Mon, 19 Mar 2018 09:24:21 EDT - The Federal Reserve in December expected a gradual path of rate rises would allow the economy to keep expanding without overheating; since then, the burst of fiscal stimulus, together with steady growth and very low unemployment could lead the central bank to be more aggressive.
New York Fed Director Helping to Oversee Leadership Search Steps Down
Tue, 20 Mar 2018 15:33:07 EDT - David Cote, one of the people overseeing the search for a new president at the New York Fed, resigned from the bank’s board of directors Saturday, a day after officials said they had narrowed their list of candidates for the bank’s top job.
Ex-Uber CEO Travis Kalanick's Next Act: Real-Estate Development
Tue, 20 Mar 2018 19:37:41 EDT - Ex-Uber CEO Travis Kalanick is investing $150 million into a distressed real-estate outfit and becoming its CEO.
Joseph Wolk to Succeed Dominic Caruso as Johnson & Johnson CFO
Tue, 20 Mar 2018 19:20:12 EDT - Johnson & Johnson Chief Financial Officer Dominic Caruso will retire in September, the health-products giant said. Joseph Wolk will succeed him.
Head of Latham & Watkins Steps Down After 'Communications of a Sexual Nature'
Tue, 20 Mar 2018 22:24:45 EDT - Latham & Watkins, the country’s highest-grossing law firm, said Chairman William Voge is retiring from the firm after engaging in communications of a sexual nature with a woman unaffiliated with the firm.

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