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Friday, November 9, 2018
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Facebook to End Forced Arbitration for Sexual-Harassment Claims 9 Nov 7:04pm Facebook to End Forced Arbitration for Sexual-Harassment Claims
Facebook is ending its policy of requiring employee sexual-harassment claims to be settled in private arbitration, a day after Google rolled back a similar policy under pressure from employees.
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FDA to Propose Ban of Menthol Cigarettes 9 Nov 7:03pm FDA to Propose Ban of Menthol Cigarettes
The Food and Drug Administration isn’t just cracking down on e-cigarettes—Commissioner Scott Gottlieb also plans to pursue a ban on menthol cigarettes, according to senior agency officials.
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FBI: Fatal Plane Crash by Horizon Employee Was Intentional 9 Nov 6:34pm FBI: Fatal Plane Crash by Horizon Employee Was Intentional
A Horizon Air employee intentionally crashed a turboprop airplane he stole near Seattle in August, but there was no clear motive for his actions, federal investigators said.
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Democratic Win Sets Up Clash Over Trump Tax Cuts 9 Nov 6:22pm Democratic Win Sets Up Clash Over Trump Tax Cuts
Democrats will aim to reverse tax cuts for high-income households when they take the House majority, setting up a clash with Republicans that will color fiscal debates over the next two years, including prospects for a bipartisan deal to improve the nation’s infrastructure.
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Keystone XL Faces Uncertain Future After Judge Blocks Permit 9 Nov 6:05pm Keystone XL Faces Uncertain Future After Judge Blocks Permit
A ruling blocking the Trump administration’s approval of the Keystone XL pipeline further clouds the future of a project that has faced a decade of delays due to opposition from environmentalists, landowners and Native Americans.
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Top U.S., China Officials Discuss Trade, North Korea, South China Sea 9 Nov 5:39pm Top U.S., China Officials Discuss Trade, North Korea, South China Sea
Secretary of State Mike Pompeo and Defense Secretary Jim Mattis met Friday with their Chinese counterparts to discuss North Korea, Iran, the South China Sea and trade, reaching consensus on some issues and facing differences on others.
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Nascar Offers to Buy International Speedway 9 Nov 5:35pm Nascar Offers to Buy International Speedway
Nascar offered to acquire International Speedway Corp. in a deal that values the owner of the Daytona International Speedway at $1.85 billion and would combine the companies into a privately held group owned by Nascar’s controlling family.
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Landlord, Facing Loss of a Big Tenant, Pins Hopes on Amazon HQ2 9 Nov 5:06pm Landlord, Facing Loss of a Big Tenant, Pins Hopes on Amazon HQ2
Savanna, owner of the Citigroup Building in Long Island City, is talking to Amazon.com about leasing much of the space that Citigroup is expected to vacate when it moves most of its employees out of the tower in 2020.
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Third Point Scales Back Its Demand for Campbell Board Seats 9 Nov 5:05pm Third Point Scales Back Its Demand for Campbell Board Seats
Daniel Loeb’s Third Point hedge fund cut the size of its board slate to five nominees from 12, as it looks to increase its chance of gaining influence over soup maker.
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Consumers Poised to Pick Up Spending Heading Into Holiday Season 9 Nov 3:53pm Consumers Poised to Pick Up Spending Heading Into Holiday Season
The economic outlook for consumers remained strong in early November as their income expectations rose—according to the University of Michigan consumer sentiment survey—suggesting Americans could increase their spending heading into the important holiday retail season.
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U.S. Producer Prices Surged in October 9 Nov 3:14pm U.S. Producer Prices Surged in October
A gauge of U.S. business prices surged in October, but the increase was likely a temporary bulge driven by companies preparing for Black Friday sales events later this month.
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Trump Tariffs Pit Auto Companies Against Each Other 9 Nov 1:51pm Trump Tariffs Pit Auto Companies Against Each Other
Fights are emerging across the auto industry over who should bear the costs of tariffs, and driving some companies to sue their partners.
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Gab to Rein In Calls for Violence While Allowing Hate Speech 9 Nov 12:48pm Gab to Rein In Calls for Violence While Allowing Hate Speech
Gab, a social media platform in the spotlight after the Pittsburgh synagogue shooting, is pledging to curb threats of violence while it said it would remain a platform where hate speech is permitted.
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European Finance Chiefs Prepare for Slowing Growth, Trade Uncertainty 9 Nov 12:33pm European Finance Chiefs Prepare for Slowing Growth, Trade Uncertainty
Declining economic growth, trade uncertainty and rising raw materials costs are presenting finance chiefs at European companies with a cocktail of challenges, resulting in slower earnings growth.
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Fed Holds Rates Steady, Signals More Rate Increases Ahead 9 Nov 11:46am Updated Fed Holds Rates Steady, Signals More Rate Increases Ahead
The Federal Reserve held short-term interest rates steady and offered a mostly upbeat assessment of the economy’s performance, suggesting another rate increase is likely at its next meeting.
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Alibaba Is Likely to Set Singles Day Sales Record 9 Nov 11:30am Alibaba Is Likely to Set Singles Day Sales Record
A slowing Chinese economy, weakening consumer sentiment and a trade fight with the U.S. aren’t likely to spoil Singles Day for Alibaba.
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FDA Plans to Sharply Restrict Sales of Flavored E-Cigarettes 9 Nov 12:02am FDA Plans to Sharply Restrict Sales of Flavored E-Cigarettes
The Food and Drug Administration plans to pull flavored e-cigarettes from most convenience stores and gas stations and requiring strict age verification controls for online sales, according to senior FDA officials.
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