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Updated: 2 hours 34 min ago

Government Cleans House at Audit Regulator

2 hours 46 min ago
Five new board members were appointed to oversee the Public Company Accounting Oversight Board, a regulator of auditors who examine the books of publicly traded companies.

Unibail Who? The French Mall Owner Is Buying Westfield for $15.7 Billion

2 hours 59 min ago
Even in its home market of France, Unibail-Rodamco isn’t a well-known corporate name. But if it consummates a deal with Westfield, it will be the world’s second-largest mall operator by market capitalization.

20% vs. 22%: The Tension Over Two Points in the Corporate Tax Rate

8 hours 37 min ago
As House and Senate lawmakers continue hashing out differences between their tax-overhaul bills, some are pushing a less-drastic cut in the corporate tax rate to find money for a variety of interests.

How North Korea's Global Financing Web Works Around Sanctions

8 hours 38 min ago
Researchers have identified a number of business transactions that they say show North Korea’s international financing web is more sophisticated than what was previously known.

U.S. Business Prices Rose Broadly in November

8 hours 46 min ago
A gauge of U.S. business prices rose across a broad range of goods and services in November, a signal of building price pressures at a time when inflation has remained puzzlingly low.

Saudi Aramco Ramps Up Spending to Over $40 Billion a Year

9 hours 44 min ago
Saudi Arabian Oil Co. unveiled a plan to invest more than $40 billion a year in projects over the next decade, a significant expansion for the world’s largest energy company ahead of its expected public listing.

NFL Network Suspends Three Former Players After Sexual-Harassment Allegations

10 hours 21 min ago
The NFL Network has suspended three members of its on-air team—Marshall Faulk, Ike Taylor and Heath Evans—in response to allegations of sexual harassment made in a lawsuit by a former employee.

GE Probed Who Knew About Spare Jet for Immelt

10 hours 45 min ago
General Electric recently conducted an internal review into the flying of a spare business jet to accompany former CEO Jeff Immelt, as it seeks to understand an unusual practice that went on for years and surprised investors when they learned of it in October.

Forties Pipeline System Carrying Brent Crude to Be Shut for Weeks

11 hours 35 min ago
One of Europe’s most important oil pipeline systems will be shut down for a “matter of weeks,” said owner Ineos, sending a jolt into international oil prices as traders contemplated the loss of some North Sea oil supplies.

Unemployment Back to Precrisis Level in Rich Countries

11 hours 46 min ago
The rate of unemployment across the world’s developed economies finally returned to its pre-crisis level in October, according to the Organization for Economic Cooperation and Development.

Mall Operator Westfield Agrees to Takeover Bid Valued at $16 Billion

16 hours 9 min ago
Westfield, the Australia-based operator of shopping malls in the U.S., said it agreed to a takeover offer from European property company Unibail-Rodamco valuing it at $15.7 billion.

Thai Tycoon Makes Frothy Offer for Stake in Vietnam's Largest Beer Maker

16 hours 10 min ago
One of Thailand’s richest tycoons is looking to buy a quarter of Vietnam’s largest beer maker in a deal worth at least $2.25 billion, making his company the sole bidder wanting to buy a substantial stake.

As the Fed Deliberates, Amazon Is Making Its Job More Difficult

16 hours 21 min ago
Web-driven comparison shoppers are keeping a lid on inflation and weakening retailers’ pricing power, complicating the Federal Reserve’s deliberations on how much and how fast to raise interest rates.

Toshiba and Western Digital Resolve Dispute Over Chip Unit

Mon, 12/11/2017 - 23:38
Toshiba and Western Digital agreed to settle a dispute over the Japanese company’s planned sale of its memory-chip unit, clearing a major hurdle to the nearly $18 billion deal.

Celebrity Chef Mario Batali Accused of Sexual Misconduct

Mon, 12/11/2017 - 19:01
Mario Batali stepped down from the day-to-day operations of his restaurant-management company, saying some of his behavior ‘was wrong and there are no excuses.’

Samsung Heavy Industries Replaces CEO After Warning of Losses

Mon, 12/11/2017 - 16:49
Samsung Heavy Industries, the world’s third-largest shipyard by capacity, replaced its chief executive after warning of heavy losses that wiped away nearly a third of its market value.

Comcast No Longer Reviewing Deal For 21st Century Fox Assets

Mon, 12/11/2017 - 14:42
Comcast Corp. said it is no longer pursuing a deal to acquire several key media and entertainment assets from 21st Century Fox.

Atos Offering $5 Billion for Gemalto

Mon, 12/11/2017 - 14:28
French IT services firm Atos SA is making an unsolicited bid to buy smart-card maker Gemalto NV, part of a broader wave of deals in the payment space as rivals join forces to cut costs.

Beijing Develops Plan to Counter Trump Tax Plan

Mon, 12/11/2017 - 14:09
Chinese officials are putting in place a contingency plan to combat consequences for China of U.S. tax changes as well as expected interest-rate increases by the Federal Reserve.

Apple Acquires Shazam and Its Song-Recognition App

Mon, 12/11/2017 - 12:14
Apple has acquired Shazam Entertainment, giving it one of the popular song-recognition apps at a time the iPhone maker is looking to boost its music-subscription service.


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