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Updated: 3 min 14 sec ago

Huawei Executive's Arrest Stirs Fears About Corporate Travel

Sat, 12/08/2018 - 23:34
The arrest of a prominent Chinese technology executive traveling overseas sparked concerns that U.S. executives may be vulnerable to retaliation.
Categories: Business News

Huawei Offensive Is Acceleration of Yearslong Endeavor

Sat, 12/08/2018 - 22:36
This month’s arrest of Huawei’s chief financial officer and heir apparent was the latest salvo against a company U.S. officials see as a threat to national security and America’s global edge in technological innovation.
Categories: Business News

Canadian Prosecutor Lays Out U.S. Allegations Against Huawei CFO

Sat, 12/08/2018 - 00:27
A Canadian prosecutor said Huawei’s finance chief was arrested because of U.S. allegations that she fraudulently covered up the Chinese tech giant’s control of a company was doing business in Iran.
Categories: Business News

Trump's Tough China Tack Wins Over Skeptical CEOs

Sat, 12/08/2018 - 00:00
While business leaders at first thought President Trump’s confrontational approach on trade with China was the wrong way to go, some CEOs now see the administration’s trade fight as the best shot at resolving long-running intellectual-property grievances.
Categories: Business News

Altria Makes Big Controversial Bets in Search of Growth

Fri, 12/07/2018 - 23:39
Marlboro maker invests $1.8 billion in Canadian marijuana grower as it explores deal with e-cigarette rival Juul.
Categories: Business News

Uber Lays Groundwork for IPO

Fri, 12/07/2018 - 23:16
Uber filed paperwork confidentially this week for its initial public offering, as it races with smaller rival Lyft to be the first to market.
Categories: Business News

Facebook Expands Share Buybacks

Fri, 12/07/2018 - 18:25
Facebook said it approved a plan to boost its share-buyback program by $9 billion.
Categories: Business News

Consumer Sentiment Remains Steady in the U.S.

Fri, 12/07/2018 - 17:50
Americans continue to feel good about the economic outlook, with the University of Michigan saying its preliminary index of consumer sentiment exceeded economists’ expectations.
Categories: Business News

Disney, Comcast to Account for Nearly 40% of Spending on U.S. Programming

Fri, 12/07/2018 - 17:35
The sale of major assets of 21st Century Fox Inc. will create two juggernauts of programming, Walt Disney Co. and Comcast Corp., that will tower over the media and entertainment landscape, according to a new report.
Categories: Business News

Analysis: Jobs Report Keeps December Rate Increase on Track

Fri, 12/07/2018 - 17:27
The U.S. job market remained healthy overall in November, with low unemployment and steady wage growth, justifying the Federal Reserve’s expected interest rate rise this month.
Categories: Business News

U.S. Hiring Slows as Wages Grow, Unemployment Holds at Multidecade Low

Fri, 12/07/2018 - 17:14
Employers slowed their pace of hiring in November, but wage growth matched the highest rate in nearly a decade and unemployment held at the lowest rate since December 1969.
Categories: Business News

Bunge Prepares to Replace CEO Soren Schroder

Fri, 12/07/2018 - 16:59
Agricultural giant Bunge Ltd. is preparing to replace Chief Executive Soren Schroder, people familiar with the matter said, and might also replace Chairman J. Patrick Lupo.
Categories: Business News

Lion Air Crash Prompts Some Carriers to Boost Pilot Training

Fri, 12/07/2018 - 16:29
Safety regulators and airlines are stepping up efforts to prevent a recurrence of the fatal Lion Air jetliner crash, even as accident investigators continue to examine pilot actions, plane maintenance and aircraft-design issues.
Categories: Business News

FedEx to Change Head of Express Unit

Fri, 12/07/2018 - 14:00
The carrier is making an abrupt change to its leadership in the middle of the busiest shipping season, saying the president and CEO of FedEx’s air delivery unit will retire at the end of the year.
Categories: Business News

China's Freeze on New Videogames Begins to Thaw

Fri, 12/07/2018 - 13:49
Chinese regulators set up a new committee to review online games, a move seen as ending a crippling freeze on new game approvals.
Categories: Business News

Looking to Double Your Salary? Try an M.B.A.

Fri, 12/07/2018 - 11:46
Yes, the cost of business school is soaring, but a new survey shows that career-switchers can reap substantial financial rewards from getting their masters of business administration
Categories: Business News

Eurozone Economy Grew More Slowly Than Previously Estimated

Fri, 12/07/2018 - 10:28
The eurozone’s slowdown was broader than previously suspected in the third quarter, affecting sectors as diverse as farming, construction and a range of services.
Categories: Business News

U.S. Companies Feel Pinch as Tariff Costs Mount

Fri, 12/07/2018 - 09:28
American companies that import products are paying record amounts in customs duties as more tariffs imposed by the Trump administration take effect.
Categories: Business News

U.S. Takes Aim at Huawei

Fri, 12/07/2018 - 00:15
The Trump administration’s efforts to extradite the chief financial officer of China’s Huawei Technologies Co. over criminal charges mark the start of an even more aggressive phase in the technology rivalry between the U.S. and China and will increase pressure on Washington’s allies to shun the telecommunications company.
Categories: Business News

Brexit Stockpiling Frenzy Leaves Firms With Few Warehouses

Thu, 12/06/2018 - 22:59
With so many global companies hoarding supplies ahead of Brexit to shield themselves from border disruptions, some face shortages of storage facilities in parts of the U.K. Makers of perishable food items and pharmaceutical companies are particularly vulnerable to the problem.
Categories: Business News

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