Syndicate content US Business
US Business
Updated: 33 min 58 sec ago

Fed Missteps Fueled 2016 Populist Revolt

41 min 55 sec ago
Once admired as wise and deft, the U.S. central bank failed to foresee the financial crisis and has struggled in its aftermath, fostering the rise of populism and distrust of institutions.
Categories: Business

Wal-Mart in 2008 Investigated Cotton Sheets Supplied by Welspun India

1 hour 2 min ago
Wal-Mart in 2008 looked into an employee claim that cotton sheets provided by the big retailer’s supplier Welspun India might have been fake, according to ex-employees and documents reviewed by The Wall Street Journal.
Categories: Business

Burden of Health-Care Costs Moves to the Middle Class

1 hour 9 min ago
Rising out-of-pocket health care costs, combined with slow economic growth and years of tepid wage growth, pose risks for an economy in which consumer spending accounts for more than two-thirds of overall output.
Categories: Business

Mylan's EpiPen Price Increases Highlight Its Grip on the Market

1 hour 35 min ago
The ability of Mylan to raise EpiPen’s list price by nearly 550% over the past eight years underscores the pricing power drug companies enjoy for iconic brands facing little competition.
Categories: Business

Canadian Carriers Appear Set to Join U.S. Air-Safety Program

1 hour 39 min ago
U.S. airlines and aviation regulators are poised to break new ground by expanding voluntary safety-reporting efforts to include data from Canadian carriers, according to people familiar with the discussions.
Categories: Business

Equity in Startups Is Losing Appeal

1 hour 51 min ago
Two years ago, when startups were flush with money, hardware and software design companies were eager to work with them and get paid in cash and equity. These days, however, smaller design firms increasingly want just cash.
Categories: Business

U.S. Government Cuts Off New Funding for ITT Tech

2 hours 21 min ago
The Obama administration took steps Thursday that could effectively force the closure of one of the nation’s largest for-profit college chains, banning ITT Technical Institute from enrolling new students who receive federal aid.
Categories: Business

Volkswagen Reaches Pact With Dealers Hurt by Emissions Scandal

2 hours 48 min ago
Volkswagen has reached an accord with about 650 U.S. franchise dealers affected by its diesel-emissions crisis but is struggling to convince regulators to accept a fix for some half a million polluting vehicles still on U.S. roads, even if they can’t be made fully compliant with emissions regulations.
Categories: Business

Self-Driving Taxis Hit the Road in Singapore

2 hours 50 min ago
Singapore became the first country to launch a self-driving taxi service, beating ride-hailing giant Uber Technologies to public road tests by mere days.
Categories: Business

Miners Find South African Gold Recovers Its Luster

3 hours 33 min ago
After years battling depressed prices and cost-cutting, South African gold miners are regaining their shine, with the country’s top four gold producers announcing soaring profits and dividends.
Categories: Business

Report: Startup Used iPhone Bug to Allow Spying

3 hours 56 min ago
Security researchers say a little-known Israeli startup exploited previously unknown bugs in Apple’s smartphone software to help foreign governments spy on their citizens.
Categories: Business

What to Watch For at the Kansas City Fed's Jackson Hole Conference

4 hours 48 min ago
Central bankers are gathering in Jackson Hole, Wyo., for an annual economic symposium, this year titled “Designing Resilient Monetary Policy Frameworks for the Future.” Here are several things to watch.
Categories: Business

Indian Firm Admits 'Error' After Target Cuts Ties Over Cotton Dispute

4 hours 49 min ago
Welspun India said it would modify its supply chain and review its practices to address accusations it sold fake Egyptian cotton sheets to U.S. retailers.
Categories: Business

WhatsApp to Share User Data With Facebook

5 hours 43 min ago
WhatsApp will start sharing data with Facebook, a policy shift after vowing few changes when the social network bought the app.
Categories: Business

Woman Killed in 'Pokémon Go'-Related Car Crash in Japan

6 hours 6 min ago
One woman died and another was injured in what Japanese police are calling the first fatal accident in the country involving the smartphone game Pokémon Go.
Categories: Business

Mylan Boosts Price Assistance for EpiPen Amid Backlash

6 hours 43 min ago
Mylan responded to backlash over the price of its EpiPen by promising to reduce the costs that some patients pay, though stopped short of saying it would cut prices.
Categories: Business

China Sets New Tone in Drafting Cybersecurity Rules

8 hours 27 min ago
China is taking a more inclusive tack in imposing cybersecurity standards on foreign technology companies, allowing them to join a key government committee in an effort to ease foreign concerns over planned domestically-set controls.
Categories: Business

Exporters Fear Losses After China Gives Zika Label to U.S.

8 hours 35 min ago
China’s move to add the U.S. to a list of Zika-infected nations worries exporters, who fear requirements to fumigate all containers.
Categories: Business

U.S. Durable-Goods Orders Rebounded in July, Jumping 4.4%

8 hours 56 min ago
Demand for long-lasting factory goods rebounded in July—with durable-goods orders leaping 4.4%—in a sign the manufacturing sector could continue to stabilize in the second half of the year.
Categories: Business

Monsanto Shelves Plans for New GMO Cotton Seeds in India

10 hours 20 min ago
Monsanto said that it has withdrawn an application to sell a new variety of genetically modified cotton seed in India because of its concerns over the country’s attempts to restrict the biotechnology business.
Categories: Business