WSJ.com: US Business
Trash Talk: Price of Recyclables Sinks After China Bans U.S. Scrap
Fri, 20 Oct 2017 15:47:10 EDT
Some U.S. manufacturers are turning trash into treasure after a Chinese ban on imported waste flooded American scrapyards with paper and plastic.
Kobe Steel Finds More Products Shipped With Quality Issues
Sat, 21 Oct 2017 18:23:30 EDT
The quality scandal at Kobe Steel deepened after the company said one of its copper plants was under investigation for breaching Japan’s industrial standards.
Trump Signals Yellen Still a Top Fed Candidate After Meeting This Week
Fri, 20 Oct 2017 23:56:50 EDT
Donald Trump signaled that Fed Chairwoman Janet Yellen remains a strong candidate to be renominated for the job after the two met this week, saying he liked her “a lot,” while also highlighting John Taylor and Jerome Powell as front-runners.
With Workers Split Over Trump, Unions Look to Bridge the Divide
Fri, 20 Oct 2017 16:58:17 EDT
At the largest meeting of organized labor next week, U.S. unions are shutting out politicians so they can determine who their friends are.
U.S. Jobless Claims Fall to 44-Year Low
Thu, 19 Oct 2017 18:40:16 EDT
The number of Americans filing applications for new unemployment benefits fell to the lowest level in 44 years, reflecting power outages in storm-ravaged Puerto Rico and the U.S. Virgin Islands that have disrupted the application process.
Activist Investor to Push Nestlé for Further Changes
Sat, 21 Oct 2017 06:04:16 EDT
Activist investor Daniel Loeb praised Nestlé’s recent moves to raise shareholder value but indicated he will continue to push the packaged foods giant to make further changes.
Big Oil Set for Bumper Profits Despite Cheap Crude
Sat, 21 Oct 2017 17:06:03 EDT
When some of the world’s largest energy companies report earnings next week, it will provide a glimpse into whether they are improving profitability as oil prices continue to hover around $50 a barrel.
GOP Divided Over Monetary Policy as Fed Chief Pick Looms
Thu, 19 Oct 2017 19:19:29 EDT
After criticizing the Fed for the past eight years, Republicans have a chance to change the course of the central bank when President Donald Trump nominates someone to take the helm in early 2018. But they are divided over which direction monetary policy should take.
Housing-Supply Shortage Weighs on Home Sales
Fri, 20 Oct 2017 13:52:12 EDT
Sales of previously owned homes declined on an annual basis for the first time since July 2016, suggesting a chronic shortage of homes for sale is beginning to take a bigger toll on the market.
China's Road to Electric-Car Domination Is Driven in Part by Batteries
Sat, 21 Oct 2017 18:11:26 EDT
Batteries have emerged as a critical front in China’s campaign to be the global leader in electric vehicles, but foreign auto makers and experts say it has set up the market to favor domestic suppliers.
Merck to Shed Some U.S. Sales Reps to Cut Costs
Fri, 20 Oct 2017 16:53:51 EDT
Merck & Co. said it is laying off nearly 7% of its U.S. workforce in a reorganization the company says will cut costs and shift focus to products with growth potential.
FBI Probes Chinese Businessman Linked to North Korean Trade
Thu, 19 Oct 2017 16:26:40 EDT
The U.S. Federal Bureau of Investigation is looking into a Chinese business owner who was linked to a ship found smuggling North Korean rocket-propelled grenades last year, and who has ties to a North Korean trade and financing network, according to people familiar with the matter.
Weakened Nafta, WTO Would Pave Way for Conflict
Thu, 19 Oct 2017 03:22:54 EDT
Trump administration attempts to neuter Nafta and the World Trade Organization are intended to sideline the referees from the world trade arena, but that would allow both the U.S. and rivals to be more aggressive, Greg Ip writes.
Procter & Gamble Puzzled by Weak Consumer Spending
Fri, 20 Oct 2017 14:20:03 EDT
Procter & Gamble recorded sluggish growth during the first quarter as it battles a challenging market for consumer-goods makers.
FAA Steps Up Warnings on Lithium-Battery Fire Hazards
Sat, 21 Oct 2017 21:13:33 EDT
Tests by the Federal Aviation Administration found that in extreme circumstances, a single seriously overheating laptop can produce a blaze capable of disabling fire-suppression systems in cargo holds of passenger planes.
Whole Foods Data Breach Affected About 100 Taprooms, Restaurants
Fri, 20 Oct 2017 15:37:56 EDT
Whole Foods Market said Friday that a data breach involving credit-card charges made at the grocer’s taprooms and full-service restaurants affected about 100 venues in its stores over a six-month period.