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The Wall Street Journal

Thursday, July 12, 2018
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Walmart in Talks to Move Credit-Card Partnership to Capital One 12 Jul 10:57pm Updated Walmart in Talks to Move Credit-Card Partnership to Capital One
Walmart is talking to Capital One about taking over its store credit card, a potential blow to current issuer Synchrony Financial.
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Currencies in USD
GBP 1,32 -0,380%
EUR 1,16 -0,172%
CHF 1,00 -0,603%
Indonesia Moves Closer to Taking Controlling Stake in Freeport Mine 12 Jul 10:34pm Updated Indonesia Moves Closer to Taking Controlling Stake in Freeport Mine
Global mining giants Freeport-McMoRan and Rio Tinto have agreed to hand over control of the world’s second-biggest copper mine to Indonesia
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Puerto Rico Utility Directors Resign, Alleging Political Interference 12 Jul 10:04pm Puerto Rico Utility Directors Resign, Alleging Political Interference
The independent directors of Puerto Rico’s bankrupt public power monopoly resigned, including the incoming chief executive, alleging political interference after the U.S. territory’s governor demanded cuts to the CEO’s pay.
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Fed Chair Jerome Powell Says Trade Policies Complicate Outlook 12 Jul 8:51pm Updated Fed Chair Jerome Powell Says Trade Policies Complicate Outlook
Federal Reserve Chairman Jerome Powell said a strong economy will allow the central bank to keep raising interest rates gradually and said it was too soon to judge how recent trade policy actions could influence the central bank’s policies.
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Inflation Is Eating Away Worker Wage Gains 12 Jul 8:27pm Inflation Is Eating Away Worker Wage Gains
U.S. consumer prices rose for a third straight month in June, eating away at sluggish wage growth and sending inflation to its highest rate in more than six years.
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Big Advertisers Embrace Blockchain to Root Out Digital Spending Waste 12 Jul 7:57pm Updated Big Advertisers Embrace Blockchain to Root Out Digital Spending Waste
Nestle, Anheuser-Busch and Bayer are among the big consumer marketers using blockchain to avoid the so-called advertising tech tax, or wasted spending on digital ads.
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PC Shipments Have Strongest Quarter in Six Years 12 Jul 7:26pm Updated PC Shipments Have Strongest Quarter in Six Years
Personal-computer shipments in the second quarter had the strongest showing in six years, driven by stronger demand from business customers, according to preliminary data from two research firms.
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Mnuchin Plays Down Impact of Tariffs 12 Jul 6:08pm Updated Mnuchin Plays Down Impact of Tariffs
Testifying before a House committee, Treasury Secretary Steven Mnuchin said the U.S. economy hadn’t suffered as a result of the Trump administration’s use of tariffs.
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U.S. Consumer Price Increases Are Eating Away Worker Wage Gains 12 Jul 5:57pm Updated U.S. Consumer Price Increases Are Eating Away Worker Wage Gains
U.S. consumer prices rose for a third straight month in June, eating away at sluggish wage growth and sending inflation to its highest rate in more than six years.
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Fox Gets U.K. Approval to Buy Sky Amid Comcast Bidding War 12 Jul 5:38pm Updated Fox Gets U.K. Approval to Buy Sky Amid Comcast Bidding War
The U.K. government won’t oppose a bid by Rupert Murdoch’s 21st Century Fox to consolidate ownership of Sky, removing the last regulatory hurdle for Fox as it battles it out with Comcast for the British broadcaster.
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Delta to Trim Flights as Fuel Prices Rise 12 Jul 5:07pm Updated Delta to Trim Flights as Fuel Prices Rise
Delta Air Lines said it will boost fares and add fewer flights than planned as carriers contend with a surge in fuel prices amid a record stretch of profits.
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Netflix Topples HBO in Emmy Nominations 12 Jul 5:02pm Netflix Topples HBO in Emmy Nominations
Netflix scored 112 Emmy nominations, more than any other television network and breaking a streak that HBO held onto for 17 years.
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You Accidentally Sent $149 to a Stranger on Venmo? Good Luck Getting It Back 12 Jul 3:35pm Updated You Accidentally Sent $149 to a Stranger on Venmo? Good Luck Getting It Back
The money transfer app makes it easy to send money to a friend—or to someone else with a similar name. Recovering the cash can be tough. ‘Swindler, return my money’
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U.S. Budget Deficit Narrowed to $74.86 Billion in June 12 Jul 2:16pm U.S. Budget Deficit Narrowed to $74.86 Billion in June
The U.S. government’s budget deficit narrowed in June compared with a year earlier. Spending and revenue collection both fell, including a large drop for corporate-tax receipts in the wake of federal tax cuts.
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You Accidentally Venmoed $149 to a Stranger? Good Luck Getting It Back 12 Jul 1:06pm Updated You Accidentally Venmoed $149 to a Stranger? Good Luck Getting It Back
The money transfer app makes it easy to send money to a friend—or to someone else with a similar name. Recovering the cash can be tough. ‘Swindler, return my money’
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Where Rising Inflation Really Hurts 12 Jul 11:56am Where Rising Inflation Really Hurts
Americans’ dislike of higher prices has been a persistent problem for U.S. companies trying to pass rising costs onto consumers, and the trade skirmishes President Donald Trump has embarked on may only make it more severe.
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Investors Bet on Higher Rates as U.S. Inflation Firms 12 Jul 11:50am Updated Investors Bet on Higher Rates as U.S. Inflation Firms
Investors’ bets that the Fed will deliver a fourth interest-rate increase in 2018 touched their highest levels this year on Wednesday, as the intensifying trade spat between the U.S. and China threatens to add to mounting inflation pressures.
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Uber Cuts More Test Drivers in Its Robot Car Operation 12 Jul 11:11am Updated Uber Cuts More Test Drivers in Its Robot Car Operation
Uber Technologies is cutting more than 100 test-driver jobs from its autonomous vehicle program in Pittsburgh and San Francisco months after a fatal crash involving one of the robot cars.
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WSJ Survey: Economists See Fed on Autopilot 12 Jul 10:51am Updated WSJ Survey: Economists See Fed on Autopilot
Economists surveyed by The Wall Street Journal see the Federal Reserve moving in a regular pattern of quarterly interest-rate increases to keep the economy on a steady footing.
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Economists Think Unemployment Is Headed to a 50-Year Low 12 Jul 10:51am Economists Think Unemployment Is Headed to a 50-Year Low
Economists expect the low U.S. unemployment rate to go even lower over the next year, reaching levels not seen in a half-century.
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Economists Think U.S. Unemployment Is Headed to a 50-Year Low 12 Jul 10:45am Economists Think U.S. Unemployment Is Headed to a 50-Year Low
Economists expect the low U.S. unemployment rate to go even lower over the next year, reaching levels not seen in a half-century.
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Twitter Follower Numbers to Drop as It Removed Locked Accounts 12 Jul 10:23am Updated Twitter Follower Numbers to Drop as It Removed Locked Accounts
Twitter is subtracting some accounts it has flagged for suspicious activity from the follower numbers of its users, part of the social-media company’s efforts to clamp down on abusive activity.
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This Time Around, Chinese Consumer Products Would Face Tariffs 12 Jul 9:57am Updated This Time Around, Chinese Consumer Products Would Face Tariffs
The Trump administration is expanding the battlefield in its trade fight with China into consumer products for the first time, illustrating how dependent the vast U.S. consumer economy is on Chinese imports.
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U.S. Consumer Prices Increase at Fastest Annual Rate Since 2012 12 Jul 9:23am U.S. Consumer Prices Increase at Fastest Annual Rate Since 2012
U.S. consumer prices rose for a third straight month in June, eating away at sluggish wage growth and sending inflation to its highest rate in more than six years.
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Delta Hit By Higher Fuel Costs 12 Jul 8:28am Updated Delta Hit By Higher Fuel Costs
Delta Air Lines reported that its fuel costs rose by a third in its latest quarter and said it would work to offset the increase by reducing expenses and by cutting flights this fall.
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Comcast Raises Sky Offer After Fox Sweetened Its Bid 12 Jul 7:24am Updated Comcast Raises Sky Offer After Fox Sweetened Its Bid
The battle for control of European pay-TV giant Sky is coming to a head and could affect the broader fight between Comcast and Disney to acquire most of 21st Century Fox’s entertainment assets.
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Broadcom Agrees to Buy CA Technologies for $18.9 Billion 12 Jul 3:45am Updated Broadcom Agrees to Buy CA Technologies for $18.9 Billion
Broadcom struck a deal to buy software company CA Technologies for nearly $19 billion, a surprise move that takes the chip-making giant in a new direction.
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