WSJ.com: US Business US Business
- Southwest Air Replaced Flight-Control Sensors of the Kind Implicated in Lion Air Crash
During the three weeks before Lion Air Flight 610 plunged into waters off Indonesia, Southwest Airlines replaced two malfunctioning flight-control sensors of the same type that has been publicly implicated in the crash, according to a summary of Southwest maintenance records reviewed by The Wall Street Journal. […]
- Walmart Posts Strong Sales Gains Ahead of Holidays
Walmart posted higher quarterly sales, continuing a run of solid growth as the world’s largest retailer taps into online shopping and a robust U.S. economy ahead of the busy holiday season. […]
- California to Conduct Review of PG&E, Including Possible Breakup
A California regulator said late Thursday that it was expanding a probe of PG&E Corp.’s safety practices to explore the way the company is managed and run, including whether it should be broken up. […]
- Prosecutors Expand Newsweek Case to Include California Bible College
Manhattan prosecutors charged a California bible college in connection with an alleged wide-ranging scheme involving Newsweek’s former parent company to defraud lenders out of tens of millions of dollars. […]
- Trump Tax Cut to Be Eroded by Inflation Switch
The IRS announced the tax code’s parameters for 2019, implementing a new method for making inflation adjustments that will result in higher tax payments over time. […]
- Oil Giants Start to Dominate U.S. Shale Boom
Smaller, nimbler companies pioneered the U.S. shale boom. But as American production scales up, those frackers are losing ground to Big Oil. […]
- FDA Seeks Ban on Menthol Cigarettes
The FDA said it would seek a ban on menthol cigarettes. The tobacco industry says it may fight such a measure. […]
- Cryptocurrency Hangover Weighs on Nvidia
Nvidia shares tumbled 18% after the chip maker projected declining revenue for the current quarter as it works through excess inventory left over from the cryptocurrency boom. […]
- Post Holdings Plans IPO for Nutrition Unit
The transaction that involves PowerBar and Joint Juice brands is expected to be completed in the second half of fiscal year 2019. […]
- Trump Forged His Ideas on Trade in the 1980s---and Never Deviated
The president has been consistent on trade for decades, unlike on other issues, both in tone and substance. Longtime acquaintances say his philosophy came out of his experience in the cutthroat world of New York real estate and the rise of Japan as a global economic power. […]
- Apple Partners With Movie Studio A24 to Make Feature-Length Films
Apple will begin making independent, feature-length films through a multiyear partnership with the Oscar-winning studio A24, broadening the iPhone maker’s push into original content beyond TV programming and into movies. […]
- Yes, You're Hired. No, We Don't Need to Meet You First.
Employers trying to recruit in the tightest job market in decades are hiring some candidates sight unseen—after just one phone interview; ‘Is this real?&rsquo […]
- Senate Confirms Ally of Smaller Banks to Fed Board
The Senate confirmed Michelle “Miki” Bowman to the Federal Reserve’s board of governors Thursday, giving one of the most powerful voices in the global economy to a state banking supervisor. […]
- Youth Use of E-Cigarettes Jumped 78%, Government Study Shows
Vaping helped drive the use of tobacco products up 38% overall among high-school students and by 29% among middle school students between 2017 and 2018, reversing declines reported over the past several years. […]
- Imports Surge at U.S. Ports as Companies Brace for New Tariffs
Imports into U.S. seaports are surging over usual seasonal patterns in an apparent push by retailers and manufacturers to pull orders forward ahead of a new round of tariffs set to hit U.S.-China trade in January. […]