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Updated: 4 hours 11 min ago

Ford's Exiting CEO to Get Part of Bonus, Promised Stock Awards

5 hours 20 min ago
Ford will pay outgoing Chief Executive Mark Fields a sizable portion of a promised bonus for 2017, all of the promised stock awards for the year and temporary use of company aircraft as part of an exit package outlined Wednesday.

Former VW Compliance Executive Awaiting Trial to Remain in Prison

6 hours 11 min ago
The Sixth U.S. Circuit Court of Appeals in Cincinnati on Wednesday affirmed a district judge’s order keeping Oliver Schmidt behind bars in Michigan amid concerns he would flee the country if released on a $1.6 million bond.

Another Insurer Leaves Missouri's Affordable Care Act Exchange

10 hours 18 min ago
Blue Cross and Blue Shield of Kansas City says it lost more than $100 million through 2016 offering exchange insurance plans

Fed Minutes Show Officials Ready to Raise Rates Again Soon

10 hours 20 min ago
Federal Reserve officials expected at their policy meeting earlier this month that it would “soon be appropriate” to raise short-term interest rates once again, according to minutes of the gathering released Wednesday, a signal the U.S. central bank could lift its benchmark rate at its next gathering in June.

Congress May Need to Raise Debt Limit Sooner, Budget Director Says

10 hours 37 min ago
White House budget director Mick Mulvaney said the date by which Congress would need to raise the debt limit may come sooner than the administration had anticipated.

J.Crew Boss Mickey Drexler Confesses: I Didn't Get the Web

10 hours 40 min ago
The retail legend says he didn’t understand how speed and price would drive internet shoppers. After 10 quarters of falling sales, the brand wants to create a more accessible image and add digital marketing.

Health-Tech Startups Pivot as Obamacare Uncertainty Mounts

10 hours 49 min ago
Many health-technology startups are revamping their business strategies and others are finding it tougher to attract fresh capital amid the prospect of repeal of the Affordable Care Act.

GE Chief Adds Some Caution to 2018 Profit Goal

11 hours 3 min ago
Jeff Immelt, General Electric Co.’s chief, said the conglomerate would likely need additional cost cuts to reach a closely watched 2018 profit target, given current struggles in global oil and gas markets.

Why Earnings Have Investors Feeling So Happy

11 hours 7 min ago
Earnings at U.S. companies grew at the fastest pace in the first quarter in nearly six years, the latest boon to a bull market that has stretched into its ninth year.

Cerberus, American Eagle Work on Abercrombie Bid

11 hours 25 min ago
Private-equity firm Cerberus Capital is working on a bid for teen-apparel retailer Abercrombie & Fitch alongside American Eagle, which could give American Eagle a leg up in the pursuit of its struggling rival.

Investor Loeb to Seek Changes to Dow-DuPont Post-Merger Plan

11 hours 45 min ago
Activist investor Dan Loeb plans to publicly push for changes to the complicated combination and breakup of Dow Chemical and DuPont, according to a presentation reviewed by The Wall Street Journal.

Trump's Nationalism Veers Right While May's Shifts to Center

11 hours 58 min ago
The conservative parties in the U.S. and U.K., buoyed by a nationalist push against immigration and trade, face a once-in-a-generation choice: shift toward small-government conservatism, or reach across traditional divides by appealing to workers? Trump and May appear to have chosen differently.

Gillette Faces New Attack From an Old Razor Rival

14 hours 56 min ago
Edgewell Personal Care Co., maker of Schick, the No. 2 U.S. razor brand, is mounting a direct challenge to the Procter & Gamble unit with an online subscription service that sells blades that fit on a Gillette handle but cost less.

Ford CEO, Lieutenants Seek to Carve Out Strategy in Evolving Car Industry

16 hours 17 min ago
The top agenda item for Ford CEO Jim Hackett is carving out a clear strategy for the auto maker’s role in an evolving car business. For just about everything else, he can rely on Joe Hinrichs and Jim Farley.

In Modern Cyber War, the Spies Can Become Targets, Too

16 hours 30 min ago
Over the past eight months, a mysterious hacking group released what it says are National Security Agency computer-espionage secrets. Former intelligence officials now fear the hackers are taking a new tack: exposing the identities of the NSA computer-hacking team.

How American Shale Drillers Flipped OPEC's Script

16 hours 53 min ago
When OPEC agreed to curtail production to bolster crude prices, it was betting U.S. shale drillers would be too weak to fill the void. But with Wall Street behind them, American producers have put the cartel on its heels.

In Downgraded China, Echoes of Japan's Boom and Bust

17 hours 3 min ago
Some economists have warned that China faces the same fate as Japan, with a debt-fueled boom followed by years of stagnation. After Moody’s decision to downgrade China on Wednesday, the two countries at least now have sovereign credit ratings, at A1, to match.

Videogame Software Startup Unity Is Valued at $2.8 Billion

17 hours 27 min ago
Unity Technologies is putting the finishing touches on a $400 million funding round of financing that values the videogame technology company at about $2.8 billion, according to people familiar with the matter.

World Trade Flows Suggest Strong Economic Growth This Year

19 hours 23 min ago
World trade flows grew in the first quarter, continuing a recovery that began in the second half of last year in an indication that the global economy may be set to enjoy a year of stronger growth.

Fed Minutes to Offer Clues on Debate Over Path of Rate Increases

19 hours 34 min ago
The Federal Reserve on Wednesday will release minutes of its May 2-3 policy meeting, which could shed light on the central bank’s plans for raising interest rates and reducing its $4.5 trillion balance sheet. Here are five things to watch for.


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