News Archive for December 13, 2017

  • OPEC Output Falls to Lowest Level in Six Months as U.S. Pumps More Oil

    OPEC Output Falls to Lowest Level in Six Months OPEC production fell to its lowest in six months but rival U.S. production was surging faster than expected, meaning oil markets may not rebalance before the end of 2018, the oil cartel said in its closely watched monthly oil report.

  • Apple Awards $390 Million to Face ID Tech Company Finisar

    Apple Invests in Face ID Tech Maker Finisar Apple is awarding one of its key suppliers $390 million as part of its effort to fund domestic technology manufacturers.

  • Bon Jovi, Nina Simone to Join Rock & Roll Hall of Fame

    Bon Jovi, Nina Simone to Join Rock & Roll Hall of Fame The Rock & Roll Hall of Fame announced its latest inductees on Wednesday, with pop-music pioneers edging out newer performers—most notably, Radiohead. Sister Rosetta Tharpe, Nina Simone, the Moody Blues, Dire Straits, the Cars and Bon Jovi will join the Cleveland institution’s more than 300 artists at the 33rd annual ceremony, scheduled for April 14.

  • Bulldozer Dealers to Congress: Don’t Tax Us Like Tractor Dealers

    Bulldozer Dealers to Congress: Don’t Tax Us Like Tractor Dealers Construction-equipment dealers are lobbying lawmakers crafting a final tax bill to keep them out of an exception sought by farm-equipment dealers, underscoring how a tweak for one industry can prove problematic for another.

  • After Bitcoin Futures, an ETF Could Be Next

    After Bitcoin Futures, an ETF Could Be Next The debut of bitcoin futures trading this week is rejuvenating efforts to list the first exchange-traded fund linked to the cryptocurrency.

  • In Bitcoin, Commodity Traders Try to Revive Heady Days

    In Bitcoin, Commodity Traders Try to Revive Heady Days Traders weary of modest returns in commodity markets are now rushing into the booming world of bitcoin, seeking to mint money in one of the riskiest assets.

  • Oil Advances on Supply Disruption in the North Sea

    Oil Advances on Supply Disruption Oil prices nudged higher Wednesday, with Brent underpinned by a supply disruption in the North Sea, which is expected to trigger further reductions in global oil inventories.

  • The 10-Point.

    The 10-Point: Gerard Baker on the Alabama Senate election, the fake comments on federal regulations, the Star Wars hype and more A personal, guided tour to the best scoops and stories every day in The Wall Street Journal, from Editor in Chief Gerard Baker.

  • Toyota Sees Half of Sales Coming From Hybrids, EVs

    Toyota Sees Half of Sales Coming From Hybrids, EVs Toyota’s president became the latest auto chief to offer ambitious targets for hybrid and electric vehicles, saying the category would make up half of Toyota’s global sales by 2030.

  • Racy Virtual-Reality Assistant Pulled After Questions Raised

    Racy Virtual-Reality Assistant Pulled After Questions Raised A Chinese tech company pulled offline a virtual-reality avatar depicted as a flirtatious secretary in revealing clothes, hours after The Wall Street Journal asked whether such depictions encourage a view of women as sexual objects in the workplace.

  • South Korea, U.S. and China Unite to Give Talks With North Korea Another Chance

    South Korea, U.S. and China Unite to Give Talks With North Korea Another Chance South Korea, China and the U.S. signaled a new push to pursue dialogue to help reduce tensions over North Korea’s nuclear program, as the South Korean leader arrived in Beijing for an official visit aimed at repairing bilateral ties.

  • Today’s Top Supply Chain and Logistics News From WSJ

    Today’s Top Supply Chain and Logistics News From WSJ Delivering up-to-the minute news, analysis, interviews and explanatory journalism on logistics, supply-chain management, e-commerce and more

  • Toshiba and Western Digital Make Peace, Clearing Major Hurdle for Chip Deal

    Toshiba, Western Digital Make Peace A battle of multibillion-dollar investments in the memory-chip business is set to accelerate after Toshiba and Western Digital patched up their differences to take on Samsung Electronics.

  • Girlboss Aims for a Media Company That’s One Part Vice, One Part Oprah

    Girlboss Aims for a Media Company That’s One Part Vice, One Part Oprah Sophia Amoruso, who built a multi-million dollar online retail empire that eventually went bust, is taking another shot at business with a media company called Girlboss. She’s just raised $3.1 million.

  • Google Searches for Path Back to China With Artificial-Intelligence Lab

    Google Seeks Path Back to China With AI Lab Search giant Google opened an artificial-intelligence lab in Beijing in a bid to attract China’s tech prodigies and strengthen its standing in the restrictive market.

  • Ousting an Accused Harasser Wasn’t Enough. Ad Agency Staff Wanted to Know Why

    Ousting an Accused Harasser Wasn’t Enough. Ad Agency Staff Wanted to Know Why Shortly after Interpublic Group’s Martin Agency pushed out one of advertising’s star creative executives, employees demanded a full accounting of why—and unleashed more allegations of sexual harassment.

  • U.S., Japan Express Concern Over China’s Interest in Saudi Oil Giant

    U.S., Japan Express Concern Over China’s Interest in Saudi Oil Giant The U.S. and Japan have urged Saudi Arabia to pursue an international listing for oil giant Aramco, fearing the possible sale of a stake to China would give Beijing too much sway in the Middle East.

  • In Somalia, an Overlooked Extremist Hotbed Simmers

    Middle East Crossroads In Somalia, an Overlooked Extremist Hotbed Simmers Militants with the al-Shabaab group control roughly 30% of Somalia, one of the largest swaths of real estate in the world that remains under jihadist sway since the recent demise of Islamic State’s self-proclaimed caliphate in Iraq and Syria.

  • In Tax Plan’s Fine Print, Banks Find a Problem

    In Tax Plan’s Fine Print, Banks Find a Problem As the U.S. Congress attempts to hammer out a final tax plan, Wall Street is fighting to limit the scope of a provision meant to discourage companies from sending money overseas to avoid taxes.

  • For Pass-Through Businesses, Let the (Tax) Games Begin

    For Pass Throughs, Let the (Tax) Games Begin The GOP Congress’s looming changes to the tax code for so-called pass-through businesses could lead to a new era of business reorganization and tax-code gamesmanship.

  • Western Criticism Bolsters Putin at Home

    Western Criticism Bolsters Putin at Home For Russian President Vladimir Putin, being cast in the West as a global supervillain is proving a boon for his image at home as he prepares for his annual press conference on Thursday and presidential elections in March.

  • Will Regulators Penalize Fox-Disney Deal Over Sports

    Heard on the Street Will Regulators Penalize Fox-Disney Deal Over Sports? With viewers turning to streaming video, sports has come to dominate traditional TV. That’s one reason behind a potential 21st Century Fox--Disney deal. And it’s one reason why regulators could frown on such an agreement.

  • Fed Meeting Keeps a Lid on Stocks

    Fed Meeting Keeps a Lid on Stocks Moves in global markets were muted ahead of a closely watched update from the Federal Reserve on the outlook for the U.S. economy and interest rates.

  • Federal Reserve Expected to Raise Rates

    Federal Reserve Expected to Raise Rates The Federal Reserve is likely to raise short-term interest rates after its policy meeting concludes Wednesday, the fifth such increase since the Fed began raising rates from near zero two years ago.

  • Zara’s Shrinking Profit Margins Expose a Fashion Behemoth

    Zara’s Shrinking Profit Margins Expose a Fashion Behemoth Shrinking profit margins at the parent company of Zara has exposed a rare weakness in the armor of a fashion behemoth that has largely resisted the headwinds currently battering the industry.

  • Westfield Agrees to $15.7 Billion Takeover by European Rival

    Mall Operator Westfield Agrees to Takeover Bid Valued at $16 Billion Westfield, the Australian operator of marquee malls from California to New York’s World Trade Center, agreed to a $15.7 billion takeover offer from European shopping-center giant Unibail-Rodamco.

  • Tired of Pricey FANGs

    Heard on the Street Tired of Pricey FANGs? Try Shenzhen “Old economy” stocks are booming this year in China, which has sucked cash out of the tech- and consumer-focused Shenzhen index. Now looks like a good time to get in before this trade reverses.

  • Bitcoin Battle: South Korea Eyes Taxing Cryptocurrency Trade

    Bitcoin Battle: South Korea Eyes Taxing Cryptocurrency Trade South Korea’s government is pushing ahead with new rules to curtail the widespread speculation on cryptocurrencies that has swept the Asian nation this year, following an emergency meeting of officials and regulators.

  • U.S. Officials Probe Awarding of 2016 Olympics to Brazil

    U.S. Officials Probe Awarding of 2016 Olympics to Brazil U.S. law-enforcement officials are investigating allegations of corruption in the awarding of the 2016 Olympic Games to Brazil.

  • FBI Agent Removed From Russia Probe Called Trump an ‘Idiot’ in Text

    FBI Agent Removed From Russia Probe Called Trump an ‘Idiot’ in Text A top FBI agent and an FBI lawyer exchanged texts disparaging then-candidate Donald Trump, including calling him an “idiot” and a “menace,” according to copies of the messages the Justice Department provided Congress.

  • Democrat Doug Jones Beats Roy Moore to Win Alabama Senate Seat

    Democrat Doug Jones Wins Alabama Senate Seat Democrat Doug Jones scored an upset win in a deeply Republican state, capturing the U.S. Senate seat in Alabama in a special election that drove a wedge within the Republican party and gave Democrats another burst of momentum ahead of the 2018 midterm races.

  • Democratic Victory in Alabama Stirs GOP Anxiety Over Midterm Elections

    Democratic Victory in Alabama Stirs GOP Anxiety Over Midterm Elections Democrat Doug Jones’s victory in one of the nation’s reddest states is sure to fuel Republican anxieties about next year’s midterm elections, suggesting Democrats in the era of Trump are eager to vote, while GOP voter turnout is muted.

  • With Alabama Loss, Trump and GOP Face Political Reckoning

    With Alabama Loss, Trump, GOP Face Political Reckoning Tuesday’s Alabama Senate win by Democrat Doug Jones is a huge personal blow to President Trump and could further drive a wedge between the president and Republican leaders, Gerald F. Seib writes.

  • What’s News: World-Wide

    What’s News: World-Wide What’s News: World-Wide

  • What’s News: Business & Finance

    What’s News: Business & Finance What’s News: Business & Finance

  • Pepper...and Salt

    Pepper...and Salt Pepper...and Salt

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