Back The Wall Street Journal Tuesday, January 16, 2018
Search Sections 16 Jan

The Wall Street Journal

Tuesday, January 16, 2018
Close
Advertisement
GM to Take $7 Billion Charge for U.S. Tax Overhaul 16 Jan 7:20pm Updated GM to Take $7 Billion Charge for U.S. Tax Overhaul
General Motors said 2017 pretax profit likely ended up at the high end of its previous forecast but disclosed it will take a $7 billion write-down on deferred-tax assets stemming from the tax-overhaul law.
 Like Reply
Currencies in USD
GBP 1,33 -0,525%
EUR 1,17 -0,428%
CHF 1,01 -0,298%
Ford Sees Lower Operating Profit on Earnings-per-Share Basis 16 Jan 5:25pm Ford Sees Lower Operating Profit on Earnings-per-Share Basis
Ford said it expects lower operating profit on an earnings-per-share basis in 2018, with higher commodity costs and adverse exchange rates offsetting gains from cost-cutting efforts and continued demand for high-margin pickup trucks.
 Like Reply
Celgene in Talks to Buy Juno Therapeutics 16 Jan 5:18pm Celgene in Talks to Buy Juno Therapeutics
Celgene Corp. is in talks to buy biotechnology company Juno Therapeutics Inc., just days after announcing another major deal to bolster its portfolio of blood-cancer drugs.
 Like Reply
Nestlé Sells Butterfinger and BabyRuth Unit to Italian Candy Maker 16 Jan 5:17pm Updated Nestlé Sells Butterfinger and BabyRuth Unit to Italian Candy Maker
Ferrero International, the Italian confectionery maker, muscled further into the North America market, agreeing to pay $2.8 billion in cash to buy Nestlé’s U.S. chocolate business that includes the Butterfinger and Baby Ruth brands.
 Like Reply
A Slowdown Is in Store forthe Self-Storage Business 16 Jan 4:32pm Updated A Slowdown Is in Store forthe Self-Storage Business
For most of the current economic expansion, the self-storage sector has been beating all other major commercial property types in earnings growth and stock performance. But growth is slowing as markets get flooded with new supply.
 Like Reply
Google Heads Underwater to Boost Its Cloud Business 16 Jan 2:39pm Updated Google Heads Underwater to Boost Its Cloud Business
Google is expanding its sprawling network of undersea cables to plug into new regions around the world, in a bid to speed up its cloud-computing business and catch up to Microsoft and Amazon.com.
 Like Reply
Simon Settles Suit With Starbucks Over Teavana Closures 16 Jan 2:06pm Simon Settles Suit With Starbucks Over Teavana Closures
Simon Property Group and Starbucks have reached a settlement over a lawsuit by the mall owner that had sought to prevent Starbucks from closing Teavana stores in its shopping centers.
 Like Reply
The Antitrust Case Against Facebook, Google, Amazon and Apple 16 Jan 2:01pm Updated The Antitrust Case Against Facebook, Google, Amazon and Apple
Facebook, Google, Amazon and Apple dominate their worlds just as Standard Oil and AT&T once did. Critics say they should get the same treatment. The answer to the antitrust question depends on a narrow test: Are consumers worse off?
 Like Reply
UnitedHealth Profit Rises as Both Healthcare, Optum Businesses Grow 16 Jan 1:15pm Updated UnitedHealth Profit Rises as Both Healthcare, Optum Businesses Grow
UnitedHealth’s quarterly profit beat analysts’ expectations and the health insurer raised its yearly outlook, as revenue from both its health care and health care services businesses increased.
 Like Reply
Under Trump, the Business World Notches a Net Success 16 Jan 12:11pm Updated Under Trump, the Business World Notches a Net Success
The tax overhaul that President Trump signed into law last month capped a year in which his initiatives on taxes, regulation—and many of his public pronouncements on the economy—have been broadly welcomed by business, even though his relationship with CEOs has sometimes stumbled.
 Like Reply
Fiat Chrysler CEO Rules Out Selling Brands or Splitting Up Company 16 Jan 10:35am Updated Fiat Chrysler CEO Rules Out Selling Brands or Splitting Up Company
CEO Sergio Marchionne said Monday he has no plans to sell its Jeep business or split up the company, cooling speculation but leaving the company’s long-term strategy unclear.
 Like Reply
GE May Break Itself Up, CEO Says 16 Jan 10:13am Updated GE May Break Itself Up, CEO Says
General Electric is considering breaking itself apart, its chief executive said, after disclosing more problems buried in one of its major units.
 Like Reply
GE to Take Massive Charge to Shore Up Insurance Reserves 16 Jan 9:48am Updated GE to Take Massive Charge to Shore Up Insurance Reserves
General Electric said it would book a $6.2 billion charge in its fourth quarter and will have to set aside $15 billion over seven years to bolster insurance reserves at its GE Capital unit, surprising investors with deeper than expected problems in a business many thought the company had left behind.
 Like Reply
Ericsson, Humbled by Huawei, Takes Another $1.8 Billion in Charges 16 Jan 9:34am Updated Ericsson, Humbled by Huawei, Takes Another $1.8 Billion in Charges
Ericsson said it is writing down $1.77 billion in assets, the latest in a series of charges at the Swedish telecoms-equipment maker as it retools itself to better compete with nimbler Chinese manufacturers.
 Like Reply
Spotify Files to Go Public With Direct Listing, Cutting Out Underwriters 16 Jan 6:49am Spotify Files to Go Public With Direct Listing, Cutting Out Underwriters
Spotify has confidentially filed paperwork with the Securities and Exchange Commission to list its shares on the New York Stock Exchange.
 Like Reply
BP to Book $1.7 Billion Charge for Deepwater Horizon Claims 16 Jan 5:43am Updated BP to Book $1.7 Billion Charge for Deepwater Horizon Claims
BP said it would take a $1.7 billion charge in its fourth-quarter earnings because of settlement claims related to the 2010 disaster in the Gulf of Mexico.
 Like Reply
Platinum, Clinging to Its Status as a Top Precious Metal, Faces a Crisis 16 Jan 3:18am Platinum, Clinging to Its Status as a Top Precious Metal, Faces a Crisis
With industrial uses on the wane, producers are cutting jobs, selling assets and spending millions of dollars in advertising. Their Hail Mary is to entice a new generation of jewelry buyers to switch from gold.
 Like Reply
16 Jan 2:25am Updated Utility Jobs Lost as New Power Plants Need Fewer Workers
As coal and nuclear power plants close due to competitive pressures, the number of people employed in making electricity for the U.S. is shrinking.
 Like Reply
On the top

Date settings

Today is Sunday, May 27, 2018

+ 1 -
+ 1 -
+ 2016 -

Close

By using our website, you agree to the use of cookies as described in our cookie policy.

Accept