Yellen Says Fed Could Raise Rates 'in Coming Months'

Wall Street Journal - 13 min 52 sec ago
Federal Reserve Chairwoman Janet Yellen said a rate increase would be appropriate “probably in the coming months” if the economy and labor market continue to strengthen.
Categories: Business

U.S. First-Quarter GDP Growth Revised Higher to 0.8%

Wall Street Journal - 28 min 13 sec ago
The U.S. economy’s first-quarter slowdown was less pronounced than initially thought, and recent data have pointed to a pickup for growth this spring.
Categories: Business

Activist Ackman Tries Life as an Inside Man

Wall Street Journal - 28 min 57 sec ago
After firing Valeant’s CEO, investor William Ackman has been defending the embattled drug company from outside critics.
Categories: Business

Delay for Boeing's New Aerial Tanker

Wall Street Journal - 53 min 28 sec ago
Boeing Co. said that first deliveries of its KC-46 tankers to the U.S. Air Force will be delayed by five months.
Categories: Business

Hulk Hogan Case Stirs Funding-Disclosure Debate

Wall Street Journal - 56 min 15 sec ago
Tech entrepreneur Peter Thiel’s financial backing of Hulk Hogan’s suit against Gawker is rekindling a debate about disclosing such arrangements.
Categories: Business

Cellphone-Cancer Link Found in Government Study

Wall Street Journal - 1 hour 29 min ago
A major U.S. government study on rats has found a link between cellphones and cancer, an explosive finding in the long-running debate about whether mobile phones cause health effects.
Categories: Business

Verizon, Unions Reach Labor Pact

Wall Street Journal - 1 hour 40 min ago
Verizon Communications and its labor unions have reached an agreement in principle that would end a weekslong labor strike.
Categories: Business

Silicon Valley Driverless-Car Startup Raises Fresh Capital

Wall Street Journal - 1 hour 41 min ago
The backer of a Silicon Valley autonomous car developer called Zoox said the secretive startup raised a fresh round of capital valuing it at more than $1 billion, roughly equal to a similar company General Motors Co. acquired earlier this month.
Categories: Business

Oil Prices Poised to Hit Sweet Spot

Wall Street Journal - 4 hours 44 min ago
On Thursday oil prices rose above $50 a barrel, putting crude back within a range between $50 and $60 in which almost everybody benefits, economists and investors say.
Categories: Business

Four Studios Won't Honor Movie-Booking Practice

Wall Street Journal - 4 hours 48 min ago
Four major Hollywood studios are telling theater owners they will no longer participate in a movie-booking practice that has attracted lawsuits and attention from the Justice Department.
Categories: Business

U.S. Consumer Sentiment at Highest Level in 11 Months

Wall Street Journal - 4 hours 54 min ago
Americans are more confident than at any time in almost a year—with the consumer sentiment index rising to 94.7 this month from April’s 89.0—as cheap gasoline, low interest rates, and a rebound in stocks boost the economy’s prospects.
Categories: Business

Millions More Cars With Takata Air Bags Recalled

Wall Street Journal - 4 hours 56 min ago
Car makers recalled millions of additional vehicles world-wide with faulty Takata air bags, further escalating an automotive safety crisis linked to at least 11 deaths and more than 100 injuries.
Categories: Business

Thiel's Funding of Lawsuit vs. Gawker Divides Silicon Valley

Wall Street Journal - 5 hours 33 min ago
Billionaire investor Peter Thiel’s newly disclosed funding of a secret legal campaign against Gawker takes the entrepreneur’s zeal for shaking things up in a new and controversial direction.
Categories: Business

De Beers Gets a New CEO

Wall Street Journal - 5 hours 55 min ago
De Beers named a new chief executive as the diamond giant steers through a rough patch of low prices caused by weaker demand for the precious gems.
Categories: Business

FDA Approves New Arm Implant to Treat Opioid Dependence

Wall Street Journal - 5 hours 56 min ago
The U.S. Food and Drug Administration approved a drug-emitting arm implant to treat addiction to heroin and other opioids, providing a new tool against an illness that has proved extraordinarily difficult to manage.
Categories: Business

Google Wins Java Copyright Case Against Oracle

Wall Street Journal - 6 hours 6 min ago
A federal jury ruled that Google’s use of Oracle Corp.’s Java software didn’t violate copyright law, the latest twist in a six-year legal battle between the two Silicon Valley titans.
Categories: Business

Facebook and Microsoft to Build Fiber Optic Cable Across Atlantic

Wall Street Journal - 11 hours 3 min ago
Facebook Inc. and Microsoft Corp. have teamed up to build a new fiber optic cable under the Atlantic Ocean, the latest evidence that the biggest U.S. tech companies are seeking more control over the Internet’s plumbing.
Categories: Business

G-7 Leaders Differ on Risks to Global Growth

Wall Street Journal - 12 hours 6 min ago
Leaders of the Group of Seven leading industrialized nations talked Thursday about ways to stoke the global economy but appeared to disagree on the risks to growth and exactly how to respond.
Categories: Business

Takata Explores Investment Possibilities With KKR, Others

Wall Street Journal - Thu, 05/26/2016 - 8:12pm
A steering committee for Takata, the troubled Japanese air-bag maker, has interviewed several private-equity funds and companies, including U.S. investment fund KKR & Co., about a possible investment.
Categories: Business

Viacom Director Presses for Access to Sumner Redstone

Wall Street Journal - Thu, 05/26/2016 - 7:52pm
Viacom’s lead independent director wants a face-to-face meeting with Sumner Redstone, but the ailing mogul’s attorney so far hasn’t granted him access.
Categories: Business
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