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US Business

Lawyers Hope to Do to Opioid Makers What They Did to Big Tobacco
Sun, 23 Jul 2017 21:10:53 EDT - Mike Moore, a pioneer of the cigarette litigation of the 1990s, is encouraging states to sue drug companies over the painkiller epidemic.
KKR Near Deal to Buy WebMD
Sun, 23 Jul 2017 22:42:50 EDT - Private-equity firm KKR is nearing a deal to buy health-information provider WebMD Health, according to people familiar with the matter.
Uber Rival Grab's Fundraising Values It at $6 Billion
Sun, 23 Jul 2017 23:36:24 EDT - Singapore-based ride-hailing firm GrabTaxi Holdings is raising $2.5 billion in Southeast Asia’s largest-ever round of startup fundraising as it seeks to battle Uber Technologies Inc. across the populous region.
BMW Denies VW Claims of Possible Coordination by German Car Makers
Sun, 23 Jul 2017 23:35:45 EDT - Germany’s largest car maker has asked Europe’s antitrust watchdog to scrutinize decades of coordination efforts by the country’s main auto manufacturers amid growing concern they might have breached antitrust regulations.
ECB's Inaction Echoes Global Caution Over Weak Inflation
Thu, 20 Jul 2017 23:00:25 EDT - ECB policy makers haven't yet discussed the future of their bond-purchase program after its tentatively scheduled end in December, but will do so in the fall, ECB President Mario Draghi said.
White House to Tackle Manufacturing Gaps It Says Weaken U.S. Security
Fri, 21 Jul 2017 16:28:50 EDT - The Trump administration is asking the Defense Department and other agencies to assess industry’s ability to fill U.S. defense needs.
IMF Falls Short of Transparency Rules as Key Discussions Remain Secret
Thu, 20 Jul 2017 18:52:33 EDT - The International Monetary Fund provides public access to board-meeting minutes only up to 2010, even though its guidelines require that such information should be available for more-recent deliberations.
Low Earners Are Making the Biggest Gains for the First Time in Years
Thu, 20 Jul 2017 16:54:16 EDT - For the first time in years, pay for lowest-income Americans is rising faster than for other groups. Weekly pay for earners at the lowest 10th percentile of the wage scale rose at a faster rate last quarter, from a year earlier, than any other group.
U.S. Jobless Claims Dropped Last Week
Thu, 20 Jul 2017 11:07:14 EDT - The number of Americans applying for first-time unemployment benefits fell last week, another signal of a buoyant job market.
Next Leap for Robots: Picking Out and Boxing Your Online Order
Mon, 24 Jul 2017 00:02:13 EDT - Developers are close to creating robots that can move products off shelves and into boxes, a breakthrough that would revolutionize one of the most labor-intensive aspects of e-commerce.
'Dunkirk' Triumphs at Box Office
Sun, 23 Jul 2017 23:22:28 EDT - Executives at Time Warner Inc.’s Warner Bros. breathed perhaps the biggest sigh heard in Hollywood this summer as a costly World War II epic opened successfully.
Boeing, Flying High, Stays the Course on Job Cuts
Sun, 23 Jul 2017 20:34:53 EDT - Boeing Co. presses forward with efficiency push, cutting 6,000 staff or 4% of its workforce in the first half of 2017, its fastest pace in a decade, as its stock hits new records.
Why Small Firms Are Giving Out 15% Pay Raises
Thu, 20 Jul 2017 12:41:52 EDT - As the job market tightens, small-business owners are boosting pay to keep experienced hands from jumping ship.
China Portrays U.S. Trade Talks in Glowing Light
Fri, 21 Jul 2017 02:19:22 EDT - Although little progress was made at Washington-Beijing trade negotiations this week, Beijing appeared a day later to want to project stability ahead of major leadership shuffle.
U.S. and Exxon Spar Over Russia Sanctions Violation
Fri, 21 Jul 2017 13:23:23 EDT - The U.S. Treasury Department imposed a $2 million fine on Exxon Mobil Corp. for what it called a “reckless disregard” of U.S. sanctions on Russia while Secretary of State Rex Tillerson was the oil giant’s chief executive, a finding the company immediately said it would challenge.
How Cyberwarfare Makes Cold Wars Hotter
Sun, 23 Jul 2017 22:25:24 EDT - Ransomware attacks such as WannaCry seek information that combatants can leverage in a global online war fought with coercion not force.
Norway Takes Lead in Race to Build Autonomous Cargo Ships
Mon, 24 Jul 2017 00:00:20 EDT - Two Norwegian companies are taking the lead in the race to build the world’s first crewless, autonomously operated electric ship, an advance that could mark a turning point in seaborne trade.
Battle Over Government's Version of Yelp for Banks
Sun, 23 Jul 2017 18:52:59 EDT - A government complaint database popular with consumers has become the latest battleground for efforts to curb the Consumer Financial Protection Bureau’s authority.


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