WeWork: A $20 Billion Startup Fueled by Silicon Valley Pixie Dust

Wall Street Journal: US Business - 25 min 21 sec ago
The office-space provider’s 38-year-old CEO sells tech investors on his vision for communal workplaces that appeal to millennials—while critics call it an overvalued real-estate play.

Changes in Store for Foreign Companies' Tax Treatment in U.S.

Foreign companies operating in the U.S. could face major changes in their tax bills under an overhaul planned by Republicans. Those could include new surtaxes or limits on how much the companies can deduct on expenses.

Companies Leave Bean Counting to the Robots

Large corporations world-wide are increasingly turning to robotic software in an effort to cut costs, liberate workers from repetitive tasks and, in many cases, reduce finance-department employee numbers.

McCain Joins Push for Disclosure About Political Ads on Social Media

A proposal to require social-media companies to disclose information about political advertising on their platforms has drawn the support of a key Republican, Sen. John McCain.

Ferrero Looks to Ferrara to Sweeten Its U.S. Product Mix

Wall Street Journal: US Business - 1 hour 12 min ago
Global chocolate giant Ferrero International has agreed to buy Illinois-based Ferrara Candy, as the Italian company plans to gobble up another U.S. sweets producer at a time when consolidation is heating up in the sector.

As Cities Woo Amazon to Build Second Site, Incentives Are Key

Wall Street Journal: US Business - 1 hour 30 min ago
Amazon’s in-house economic-development team shows how important tax-incentive deals have become to its business model and gives a window into why the company took the step of pitting cities against each other to win the biggest subsidy package possible.

Wal-Mart's Answer to Amazon? Its Own Web Mall

Wall Street Journal: US Business - 2 hours 10 sec ago
Wal-Mart is near a deal with Lord & Taylor that would give the department store dedicated space on walmart.com, a potential first step in creating an online mall that shoppers could access from Wal-Mart’s website.

Activist Investor Elliott Zeros In on BHP CEO

Wall Street Journal: US Business - 2 hours 48 sec ago
The chief executive of the world’s most valuable mining company, BHP Billiton, faces a vexing test: an activist investor that appears to be agitating for his ouster.

China's Bright Economic Future Is Bound Up in the Past

Wall Street Journal: US Business - 2 hours 34 min ago
President Xi Jinping this week lauded China’s transition to high-quality growth, but for now smokestack industries carry the economy—and much-touted efforts to relieve long-term ills are running into short-term reality.

GOP Divided Over Monetary Policy as Fed Chief Pick Looms

Wall Street Journal: US Business - 2 hours 34 min ago
After criticizing the Fed for the past eight years, Republicans have a chance to change the course of the central bank when President Donald Trump nominates someone to take the helm in early 2018. But they are divided over which direction monetary policy should take.

Verizon Continues to Win Wireless Subscribers

Wall Street Journal: US Business - 2 hours 39 min ago
Verizon Communications gained wireless subscribers in the latest quarter, as the telecommunications company worked to shore up its largest unit in light of its weakening television business. Revenue beat Wall Street expectations.

U.S. Jobless Claims Fall to 44-Year Low

Wall Street Journal: US Business - 3 hours 39 min ago
The number of Americans filing applications for new unemployment benefits fell to the lowest level in 44 years, reflecting power outages in storm-ravaged Puerto Rico and the U.S. Virgin Islands that have disrupted the application process.

Nestlé Results Highlight Pressure to Boost Returns

Wall Street Journal: US Business - 6 hours 31 min ago
Nestlé said a key sales measure weakened in the first nine months of the year and that it doesn’t expect an improvement in the final quarter, underscoring the pressure it faces to boost its performance, including from activist investor Daniel Loeb.

Unilever Results Disappoint as Hurricanes Hit U.S. Sales

Wall Street Journal: US Business - 8 hours 25 min ago
Unilever reported weaker third-quarter revenue growth as the maker of Breyers ice cream and Dove shampoo struggled with lower sales in developed markets.

Norway's Helly Hansen Nears Deal for U.K.'s Musto---Source

Wall Street Journal: US Business - 8 hours 32 min ago
Norway’s Helly Hansen AS has agreed to acquire London-based Musto Clothing Ltd., the official clothing supplier to the British sailing and equestrian Olympic teams, according to a person familiar with the matter.

Weakened Nafta, WTO Would Pave Way for Conflict

Wall Street Journal: US News - 8 hours 54 min ago
Trump administration attempts to neuter Nafta and the World Trade Organization are intended to sideline the referees from the world trade arena, but that would allow both the U.S. and rivals to be more aggressive, Greg Ip writes.

Olympic Gymnast McKayla Maroney Alleges Past Abuses by U.S. Team Doctor

Wall Street Journal: US News - Wed, 10/18/2017 - 21:19
Olympic gold-medal gymnast McKayla Maroney said Wednesday that she was repeatedly sexually assaulted by the former U.S. national team doctor, including at the 2012 London Olympics.

Candidates for New Jersey Governor Square Off

Wall Street Journal: US News - Wed, 10/18/2017 - 20:57
After a fraught week of campaigning, the Democratic and Republican nominees for governor of New Jersey met again in a debate that underscored deep policy divisions between their two campaigns.

Cuomo's Infrastructure Credentials Are Tested

Wall Street Journal: US News - Wed, 10/18/2017 - 20:51
New York Gov. Andrew Cuomo has positioned himself as a champion of big infrastructure, but that reputation is being tested by delays and disruptions in the New York City subway system.

Rex Tillerson Says U.S. Is India's Best Partner for the Future

Wall Street Journal: US News - Wed, 10/18/2017 - 20:04
Secretary of State Rex Tillerson will travel to India next week to press his view that the U.S.—not China—represents the South Asia economic giant’s most reliable partner for the future.


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