Facebook Employees Pushed to Remove Trump's Posts as Hate Speech

Wall Street Journal - 1 hour 14 min ago
Some of Donald Trump’s Facebook posts set off an intense debate inside the company, with some employees arguing certain posts should be removed for violating the site’s rules on hate speech. CEO Mark Zuckerberg ruled they could stay.
Categories: Business

AT&T Is in Advanced Talks to Acquire Time Warner

Wall Street Journal - 4 hours 46 min ago
The companies are negotiating a deal that would value Time Warner at more than $80 billion and would create a new hallmark in the rapidly converging realms of media, communications and the internet. An agreement could come as early as this weekend.
Categories: Business

Cyberattack Knocks Out Access to Websites

Wall Street Journal - 6 hours 29 min ago
Attackers controlling a vast collection of internet devices unleashed several massive attacks on Friday that left dozens of popular websites, including Twitter and Netflix, unreachable for parts of the day.
Categories: Business

BAT Offers to Buy Remaining Reynolds Stake for $47 Billion

Wall Street Journal - Fri, 10/21/2016 - 8:55pm
British American Tobacco said the deal for roughly 58% of Reynolds American would give it a major position in the U.S. tobacco market and high-growth emerging markets.
Categories: Business

Upstart Belgian Region Stymies EU-Canada Trade Deal

Wall Street Journal - Fri, 10/21/2016 - 8:52pm
A defiant Belgian region representing less than 1% of the European Union’s population has managed so far to halt a trade deal with Canada supported by the rest of the bloc, raising questions about Europe’s ability to successfully negotiate complex economic agreements.
Categories: Business

Apple Approached Time Warner About Possible Merger

Wall Street Journal - Fri, 10/21/2016 - 8:06pm
Apple talked to Time Warner a few months ago, and though the discussions didn’t progress beyond a preliminary stage, the maker of the iPhone is monitoring Time Warner’s negotiations with AT&T.
Categories: Business

Canada's Bombardier to Cut 7,500 More Jobs

Wall Street Journal - Fri, 10/21/2016 - 6:34pm
Bombardier said it would cut another 7,500 jobs, or just over 10% of its global workforce, as it focuses on turnaround efforts amid a soft business-jet market and ongoing hiccups with its CSeries jet program.
Categories: Business

McDonald's Earnings Top Expectations

Wall Street Journal - Fri, 10/21/2016 - 3:52pm
McDonald’s Corp. beat expectations for global sales growth in the third quarter, but the burger giant’s key U.S. market cooled further, fanning speculating that big menu changes could follow.
Categories: Business

Irish Whiskey Barrels Ahead

Wall Street Journal - Fri, 10/21/2016 - 3:06pm
Irish whiskey is making a comeback, with 16 distilleries in Ireland and Northern Ireland, up from four just three years ago. The rising demand has turned Irish whiskey into the world’s fastest-growing major spirit.
Categories: Business

Union at Beam Suntory Plants Votes to End Strike

Wall Street Journal - Fri, 10/21/2016 - 2:56pm
Union workers at Beam Suntory Inc. voted overwhelmingly in favor of a new contract, bringing an end to a strike that has lasted nearly a week.
Categories: Business

Maritime Nations Near Cut to Pollution-Causing Sulfur in Ships' Fuel

Wall Street Journal - Fri, 10/21/2016 - 2:16pm
The world’s leading maritime nations are leaning toward setting rules next week to cut pollution-causing sulfur from oceangoing vessels’ fuel by more than 85% in 2020.
Categories: Business

As Oil Bust Recedes, Is a Barroom Brawl About to Break Out?

Wall Street Journal - Fri, 10/21/2016 - 2:08pm
The worst of the oil bust may be over, but the energy industry’s infighting has just begun. Oil-field services companies such as Halliburton and Schlumberger are trying to convince producers that they need to be paid more if the industry is to fully recover.
Categories: Business

SpaceX Explosion Investigation Focuses on Fueling Snafu

Wall Street Journal - Fri, 10/21/2016 - 2:01pm
Investigators believe operational issues linked to fueling procedures, rather than a manufacturing flaw, likely caused a Space Exploration Technologies rocket to explode during ground tests last month.
Categories: Business

GE Cuts Full-Year Sales Forecast

Wall Street Journal - Fri, 10/21/2016 - 12:43pm
General Electric cut its full-year sales forecast to flat to up 2% after reporting declining third-quarter orders and continued weakness in its oil and gas equipment business.
Categories: Business

Agony, Alarm and Anger for People Hurt by Theranos's Botched Blood Tests

Wall Street Journal - Fri, 10/21/2016 - 8:51am
Questionable results led to changes in medical treatment. Weeks or months passed before Theranos told many people their results were unreliable.
Categories: Business

Videogame Voice Actors Go on Strike

Wall Street Journal - Fri, 10/21/2016 - 8:50am
Thousands of voice-over actors have gone on strike against 11 videogame companies, including industry powerhouses Electronic Arts Inc. and Take-Two Interactive Software Inc., over a pay dispute.
Categories: Business

Microsoft Shares Hit All-Time High

Wall Street Journal - Fri, 10/21/2016 - 8:38am
Shares of Microsoft jumped to an all-time high Friday in the wake of a positive earnings report, nearly 17 years after setting its previous high-water mark in the heyday of the dot-com boom.
Categories: Business

US Foods to Cut Jobs Amid Corporate Restructuring

Wall Street Journal - Fri, 10/21/2016 - 7:03am
Food distributor US Foods Holding Corp. plans to eliminate hundreds of jobs as part of a restructuring of its corporate headquarters near Chicago, according to people familiar with the company’s plans.
Categories: Business

Ericsson Plunges to Loss

Wall Street Journal - Fri, 10/21/2016 - 6:12am
Ericsson suffered a third-quarter loss amid a slowing telecom-equipment market and fierce Asian competition.
Categories: Business

GE's 3-D Printing Buys Set to Fail After Elliott Intervenes

Wall Street Journal - Fri, 10/21/2016 - 5:52am
General Electric’s $1.4 billion move to buy two European 3-D printing firms looks set to fail after the U.S. conglomerate said it wouldn’t bow to pressure from one of the world’s best known activist investors.
Categories: Business
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