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The Wall Street Journal

Friday, January 12, 2018
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Supreme Court to Consider Internet Sales Tax Collection 12 Jan 10:25pm Updated Supreme Court to Consider Internet Sales Tax Collection
The Supreme Court said it would consider whether states can broadly require online retailers to collect sales taxes even for states where they lack a physical presence—with a potential major impact on online commerce.
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Currencies in USD
GBP 1,38 -0,218%
EUR 1,22 -0,409%
CHF 1,04 -0,386%
Auto Makers, in a Blast From the Past, Retool Iconic Trucks 12 Jan 6:12pm Updated Auto Makers, in a Blast From the Past, Retool Iconic Trucks
Car makers plan revivals of some of their best-known truck and SUV nameplates, bringing a wave of roomy, updated off-road vehicles to the U.S. market—a sign that consumers’ passion for oversize vehicles hasn’t faded.
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Bezos to Grant $33 Million in College Scholarships for DACA Students 12 Jan 5:55pm Updated Bezos to Grant $33 Million in College Scholarships for DACA Students
Amazon.com Inc. Chief Executive Jeff Bezos is granting $33 million in college scholarships for undocumented immigrant high-school graduates in the U.S., according to TheDream.US, a nonprofit education group.
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Consumer Prices, Retail Sales Bolster Economic Outlook 12 Jan 4:46pm Updated Consumer Prices, Retail Sales Bolster Economic Outlook
A modest rise in consumer prices in December and solid growth in retail sales bolstered expectations that inflation is firming after a long run of softness and that U.S. economic growth ended 2017 on a robust note.
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USDA, Senators Vow to Change Farmer Cooperative Tax Provision 12 Jan 3:38pm Updated USDA, Senators Vow to Change Farmer Cooperative Tax Provision
Agriculture trade groups and federal officials are working to change part of the new tax law that gives farmer cooperatives an edge over independently owned businesses.
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Growing Appetites Fuel Record U.S. Meat Production 12 Jan 2:42pm Updated Growing Appetites Fuel Record U.S. Meat Production
America is producing more meat than ever. Farmers and meatpackers produced a record 99.7 billion pounds of red meat and poultry in 2017, the U.S. Department of Agriculture estimates. They are on track for an even bigger slaughter this year.
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NASA Safety Watchdogs Raise Concerns About SpaceX, Boeing Spacecraft 12 Jan 2:18pm Updated NASA Safety Watchdogs Raise Concerns About SpaceX, Boeing Spacecraft
NASA’s plan to routinely ferry astronauts into orbit using private spacecraft—initially slated to start last year—has slipped until at least the spring of 2019 and unresolved hazards threaten further delays.
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China Reports Biggest-Ever Annual Trade Surplus With U.S. 12 Jan 2:13pm Updated China Reports Biggest-Ever Annual Trade Surplus With U.S.
China reported its largest-ever annual trade surplus with the U.S. last year while its overall imbalance with the world shrank, potentially strengthening the Trump administration’s case for tougher penalties and other trade actions against Beijing.
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U.S. Retail Sales End 2017 on Solid Footing 12 Jan 1:03pm U.S. Retail Sales End 2017 on Solid Footing
Spending at U.S. retailers rose in December for the fourth consecutive month, capping the strongest year for sales growth since 2014.
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Facebook to Overhaul How It Presents News in Feed 12 Jan 12:30pm Updated Facebook to Overhaul How It Presents News in Feed
Facebook is broadly overhauling the way it presents news and information on its platform, as it struggles to address criticism from users and others about the quality of the content shared there and its effect on society.
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U.S. Retail Sales Increased 0.4% in December 12 Jan 12:20pm Updated U.S. Retail Sales Increased 0.4% in December
Spending at U.S. retailers rose in December for the fourth consecutive month, capping the strongest year for sales growth since 2014.
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U.S. Consumer Prices Posted Modest Rise in December 12 Jan 12:13pm Updated U.S. Consumer Prices Posted Modest Rise in December
U.S. consumer prices rose in December, a sign that inflation ended the year on a somewhat stronger note.
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Steven Mnuchin Unsure if Bill Needed to Shore Up Tax Law 12 Jan 12:04pm Updated Steven Mnuchin Unsure if Bill Needed to Shore Up Tax Law
Treasury Secretary Mnuchin said it isn’t clear whether Congress will need to take up a bill to make technical corrections to the sweeping new tax law that took effect this month.
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Watchdog Finds No Political Interference in Tax-Bill Analysis 12 Jan 10:48am Watchdog Finds No Political Interference in Tax-Bill Analysis
Career Treasury Department staffers were “fully engaged” in the process of analyzing a Republican tax bill, and denied that political appointees had taken over the process, according to a government watchdog inquiry.
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U.S. Consumer Prices Rose 0.1% in December 12 Jan 9:53am Updated U.S. Consumer Prices Rose 0.1% in December
U.S. consumer prices rose in December, a sign that inflation ended the year on a somewhat stronger note.
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Why Gucci Owner Wants to Kick Off Its Pumas 12 Jan 9:35am Updated Why Gucci Owner Wants to Kick Off Its Pumas
Luxury group Kering is seizing the chance to offload Puma at a price that just about covers its purchase cost 11 years ago.
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Wal-Mart Raises Its Minimum Wage, Plans Bonuses After Tax Overhaul 12 Jan 9:12am Updated Wal-Mart Raises Its Minimum Wage, Plans Bonuses After Tax Overhaul
Wal-Mart will raise starting pay to $11 an hour for all its U.S. employees and hand out one-time bonuses of up to $1,000, as the retailer doles out some of its expected gains from the new tax legislation.
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British Giant GKN, Which Made Cannonballs for Wellington, Remakes Itself Again 12 Jan 7:50am British Giant GKN, Which Made Cannonballs for Wellington, Remakes Itself Again
One of Britain’s oldest companies, GKN, rejected a $9.5 billion takeover approach from turnaround specialist Melrose Industries, saying it undervalued the company and pledging to once again reinvent itself.
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British Giant GKN, Which Made Cannon Balls for Wellington, Remakes Itself Again 12 Jan 7:28am Updated British Giant GKN, Which Made Cannon Balls for Wellington, Remakes Itself Again
GKN rejected a $9.5 billion approach from Melrose Industries and plans to separate its aerospace and automotive businesses.
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Your Robot Pal Is On Its Way 12 Jan 5:44am Your Robot Pal Is On Its Way
Dozens of robots were at the CES 2018 tech show in Las Vegas, some with legs and some on wheels, raising a pivotal question: Who would you rather have cooking your dinner, R2-D2, or C-3PO?
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Tencent Joins Asia-Tech Debt Rush With Its Biggest Bond Sale 12 Jan 3:21am Tencent Joins Asia-Tech Debt Rush With Its Biggest Bond Sale
Chinese internet giant Tencent Holdings Ltd.’s visit to the bond market this week marked the latest in a string of Asian technology firms that have been issuing more debt as their market values have swelled.
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Economists Credit Trump as Tailwind for U.S. Growth 12 Jan 3:19am Updated Economists Credit Trump as Tailwind for U.S. Growth
Economists surveyed by The Wall Street Journal say President Donald Trump has had generally positive effects on U.S. economic growth, hiring and the performance of the stock market during his first year in office.
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Intel Fumbles Its Patch for Chip Flaw 12 Jan 3:17am Intel Fumbles Its Patch for Chip Flaw
Intel is quietly advising some customers to hold off installing patches that address new security flaws affecting virtually all of its processors. It turns out the patches had bugs of their own.
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Kering to Spin Off Puma to Its Shareholders 12 Jan 3:13am Updated Kering to Spin Off Puma to Its Shareholders
Luxury goods company Kering moved to shed most of its controlling stake in the German sportswear company Puma, announcing a plan to distribute 70% of Puma’s shares to Kering shareholders.
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Fiat Chrysler to Move Some Truck Production to Michigan 12 Jan 12:30am Updated Fiat Chrysler to Move Some Truck Production to Michigan
Fiat Chrysler Automobiles said Thursday it would invest $1 billion to move production of profitable trucks from Mexico to Michigan, a move that will significantly lower the auto maker’s exposure to potential changes to Nafta.
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