Posts Tagged ‘Business’

Trial Tests FTC’s Power to Referee Drugmakers’ Fight Against Generics

Tuesday, February 20th, 2018

A trial under way in federal court in Philadelphia is testing the power of U.S. competition regulators to crack down on drug makers’ alleged moves to thwart the sale of low-cost generics.

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Washington’s $500 Million Financial-Storm Forecaster Is Foundering

Tuesday, February 20th, 2018

The Office of Financial Research was supposed to anticipate trouble and issue warnings, but initiatives have been delayed or scaled back. Now the Trump administration is holding it up as an example of governmental overreach.

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Guess Co-Founder to Step Away During Investigation Into Conduct

Tuesday, February 20th, 2018

Guess? said Tuesday that co-founder Paul Marciano will relinquish his day-to-day responsibilities with the company and salary during a continuing investigation into recent allegations of improper conduct.

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Hotels Check Into Technology Arms Race

Tuesday, February 20th, 2018

In a wake-up call to investors, Holiday Inn owner InterContinental Hotels said it won’t return extra cash this year.

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Trump Administration Seeks to Stimulate Private Space Projects

Tuesday, February 20th, 2018

Vice President Mike Pence on Wednesday is expected to announce new moves promoting private ventures in space, including easing launch rules and putting the Commerce Department in charge of broader deregulation initiatives.

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Walmart’s Online Sales Come Under Pressure

Tuesday, February 20th, 2018

Walmart reported strong holiday sales but said online sales growth slowed during the quarter, marking a turn from three quarters of booming web growth.

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Proposed Rules Would Allow Meatpackers to Slaughter Hogs Faster

Tuesday, February 20th, 2018

Proposed rules allowing meatpackers to slaughter hogs faster and play a bigger role in policing food safety are drawing criticism.

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Trump Administration Looking at Bankruptcy Options for Student Debt

Tuesday, February 20th, 2018

The Trump administration is looking to clarify when Americans can discharge student loans in bankruptcy, responding to concerns that more borrowers will be stuck under huge debt burdens for years.

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Household Debt Is Rising Quickly Around the Globe

Tuesday, February 20th, 2018

A decade after household debt burdens contributed to a crisis in the U.S. and EU, a new crop of economies face high and still rising household debt burdens. Will Switzerland, Australia, Canada and others be able to carry larger debts, or are they victims of their own success?

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Tax Regulations at Center of GOP Dispute

Tuesday, February 20th, 2018

A turf battle is breaking out in the Republican Party over which agencies should have a say in writing new regulations stemming from last year’s landmark tax legislation.

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Taxis, Ride-Hailing Firms Battle for Business on Road to Tokyo Olympics

Tuesday, February 20th, 2018

Sony is helping Japanese taxi firms improve their services, competing against ride-hailing giants Uber and China’s Didi Chuxing Technology, along with Toyota, in the race for business ahead of the 2020 Olympics.

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BHP Willing to Talk About Activist’s Overhaul Plan

Tuesday, February 20th, 2018

BHP Billiton, its net profit off 37%, signaled it may be willing to yield to activist investor Elliott Management’s latest assault on its corporate structure, even as it lifted its dividend 38%.

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Qualcomm Raises Bid for NXP to $44 Billion

Tuesday, February 20th, 2018

Chip giant Qualcomm raised its bid for NXP Semiconductors to about $44 billion in an effort to win shareholder support for the acquisition.

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Albertsons Scoops Up Remainder of Rite Aid in Face of Online Threat

Tuesday, February 20th, 2018

Albertsons plans to buy the rest of Rite Aid that isn’t being sold to Walgreens Boots Alliance as retailers of all stripes scramble to respond to a rapidly changing consumer shopping landscape.

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Coca-Cola’s Game Plan: Reformulate and Expand

Tuesday, February 20th, 2018

CFO Kathy Waller discusses on how the company wants to move beyond its name.

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The Hidden Status Battles That Can Roil the Office

Tuesday, February 20th, 2018

When bosses offer promotions and other rewards, they may not realize the conflicts they’re unleashing on teams.

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‘Black Panther’ Roars to Top of Box Office

Monday, February 19th, 2018

With an estimated opening of $235 million in the U.S. and Canada, “Black Panther” was another blockbuster success for Walt Disney Co.’s Marvel Studios but also a breakthrough for movies with primarily black casts..

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Facebook Battles New Criticism After Indictment Against Russians

Monday, February 19th, 2018

Facebook is contending with a new wave of criticism prompted by the indictment detailing how Russia manipulated social-media platforms—and by a Facebook executive’s attempts to address the issue.

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Macron Law Jolts French Labor Market

Monday, February 19th, 2018

Some of France’s largest employers are seizing on President Emmanuel Macron’s labor-system overhaul to undertake mass layoffs, heralding a sea change for a country that has long coddled its workforce.

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Private Trades in Spotify Shares to Play Role in Debut

Monday, February 19th, 2018

Spotify AB is counting on its surging private-market value to bolster the music-streaming service’s appeal to investors in an unorthodox public debut that could be the biggest since Snap Inc.’s $20 billion IPO last year.

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Why Was Facebook So Easy to Hijack?

Monday, February 19th, 2018

Experts offer a lesson in how Facebook and other networks through history became hierarchies, as individuals got more influence.

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The iPhone Is Losing Out to Chinese Devices in Asia

Monday, February 19th, 2018

The iPhone X’s steep price opens the door to cheaper options in Asian markets, and Chinese smartphone brands Xiaomi, Oppo and Vivo are grabbing market share.

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Oil Producers Buy Back Shares After Years of Selling New Stock

Monday, February 19th, 2018

North American energy producers survived the recent oil bust in large part by selling more than $60 billion of new stock. Now they’re beginning to buy it back.

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The World’s Biggest Miners Emerge From Their Hole

Monday, February 19th, 2018

The world’s biggest mining companies are again poised to shower investors with billions of dollars and make deals, a turnaround fueled by the global economy’s renewed appetite for raw materials and by the burgeoning electric-vehicle market.

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Iranian Airline Bought U.S. Jet Parts Through Front Firms

Monday, February 19th, 2018

An Iranian airline under sanctions by the U.S. for ferrying weapons and fighters into Syria repeatedly bought U.S.-made jet engines and parts through Turkish front companies over the past several years, most recently in December, federal investigators said.

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‘Black Panther’ Album on Track for Heroic Opening Week

Monday, February 19th, 2018

“Black Panther: The Album” is set to deliver the strongest album debut for a Walt Disney Co. movie in at least five years.

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Fed Chairman Powell Taps Two Senior Advisers

Monday, February 19th, 2018

Federal Reserve Chairman Jerome Powell has tapped two monetary policy specialists to serve as senior advisers, according to people familiar with the matter.

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In Cutting Time to Market, Toy Companies Try On Fast Fashion

Sunday, February 18th, 2018

Toy companies are mimicking the moves of fast-fashion retailers as they scramble to produce toys and games tied to the swift rise and fall of trends driven by social media.

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Silicon Valley Has a New Investment Opportunity: Your Home

Sunday, February 18th, 2018

Companies including some backed by Silicon Valley venture-capital firms and Mark Zuckerberg’s nonprofit are experimenting with a product that essentially lets them take an ownership position in a house along with the homeowner.

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For Tech Giants, Halting Russian Meddling Isn’t Easy

Sunday, February 18th, 2018

The U.S. indictment handed down against three Russian companies and 13 individuals suggests it won’t be easy to stop any aggressive influence campaign in the run-up to the midterm election in less than nine months.

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