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Updated: 4 hours 38 min ago

Senate Bill Poses Risks to Health-Care Companies

Thu, 06/22/2017 - 18:09
Senate Republicans’ health overhaul carries big risks for many health-care companies because of its cutbacks to federal Medicaid funding and the uncertain impact of its broad changes to individual health-insurance markets.

FCC Fines Man $120 Million for His 100 Million Robocalls

Thu, 06/22/2017 - 15:30
The Federal Communications Commission proposed an “unprecedented” fine against Adrian Abramovich, a Miami man who the agency said was responsible for making almost 100 million falsified robocalls in late 2016 in violation of telecommunications laws.

Mylan Elects Full Board Despite Oppostion

Thu, 06/22/2017 - 14:46
Mylan’s board nominees were elected in full at the pharmaceutical company’s annual meeting Thursday despite pressure from a group of institutional investors unhappy over high executive pay.

American Airlines CEO 'Not Happy' About Qatar Plan to Buy 10% Stake

Thu, 06/22/2017 - 12:21
Qatar Airways said it intends to buy as much as 10% of American Airlines Group Inc.—a brash approach by the state-owned carrier that American Chief Executive Doug Parker called “puzzling and strange.”

Apple Scraps Like an Underdog in Second Biggest Mobile Market

Thu, 06/22/2017 - 12:18
Apple is helping third-party re-sellers, mulling new flagship stores and firing up app-development centers in India as it runs to catch up in one of the world’s biggest smartphone markets.

Taiwan's Foxconn Eyes Seven States for $10 Billion Investment

Thu, 06/22/2017 - 11:43
Taiwan’s Foxconn Technology Group, which assembles Apple’s iPhones in China, is looking at seven states in the American heartland where it would invest $10 billion or more in factories to build flat-panel screens.

Trump Promises Telecom Executives Less Red Tape

Thu, 06/22/2017 - 11:27
President Donald Trump on Thursday told technology and telecom executives the government will tackle federal regulations they consider too restrictive but stopped short of announcing any specific policies aimed at their industries.

Diageo's Deal With 'King of Good Times' Delivers a Booming Market---and a Hangover

Thu, 06/22/2017 - 11:11
The world’s largest liquor company struck a deal with Indian tycoon Vijay Mallya to buy United Spirits. Now the British firm finds itself in a legal quagmire.

Lyft's Goal: Gain From Uber's Stumbles Without Gloating

Thu, 06/22/2017 - 11:03
As Uber has grappled with the leadership turmoil that led to its chief executive’s resignation this week, its much-smaller rival has built market share and expanded aggressively, even as its founders counsel humility.

Senate Health Bill Gives Huge Tax Cuts to Businesses, High-Income Households

Thu, 06/22/2017 - 10:26
The Senate’s health-care bill repeals hundreds of billions of dollars in taxes on businesses and high-income households and includes a retroactive cut in capital-gains taxes.

Dolls With Digital Eyes: Eerie or Endearing?

Thu, 06/22/2017 - 09:57
With the help of small LCD screens, digitally animated eyes are giving once-stoic toys—from race cars to Cabbage Patch Kids—a highly expressive makeover.

Facebook Sets New Vision for Next Decade, Outlines New Features

Thu, 06/22/2017 - 09:52
Facebook Chief Executive Mark Zuckerberg took a step toward defining a new vision for the social-media company as it grapples with how to handle its growing power in the world.

Aviation Industry Seeks to Strengthen Cybersecurity Defenses

Thu, 06/22/2017 - 09:40
Escalating concerns about cyberthreats are prompting the aviation industry to devise an unlikely new safeguard: real-time warnings to pilots about potential hacking attempts.

Cable Operator Altice USA Climbs in Market Debut

Thu, 06/22/2017 - 09:27
Shares of Altice USA traded higher in their market debut Thursday, a day after the cable operator raised more money in its IPO than any other U.S.-listed telecom since 2000.

Fed's Bullard Calls Officials' Projected Rate Path 'Unnecessarily Aggressive'

Thu, 06/22/2017 - 08:53
St. Louis Fed President James Bullard said he doesn’t see any need for further interest-rate increases but the central bank should begin shrinking its $4.5 trillion portfolio of assets “sooner rather than later.”

U.S. Jobless Claims Rose Last Week

Thu, 06/22/2017 - 07:52
The number of Americans applying for first-time unemployment benefits rose last week, though overall numbers remain consistent with steady job gains.

Boeing Outsells Rivals at Paris Air Show

Thu, 06/22/2017 - 07:37
Boeing beat Airbus in the annual jetliner-orders bonanza at the Paris Air Show, but both came out winners in one crucial way: Demand for both plane makers’ most popular single-aisle jets remains buoyant.

Beijing Is Investigating Some of China's Top Overseas Deal Makers

Thu, 06/22/2017 - 05:28
China’s banking regulator has ordered the country’s commercial banks to investigate loans made to a group of companies that have aggressively invested overseas in recent years.

Sticking Points Slow GOP Budget Efforts

Thu, 06/22/2017 - 03:00
House Republicans are struggling to agree on a plan to fund the federal government for 2018, a critical task that they must tackle before moving ahead with ambitions for a tax overhaul.

Former Fed Governor Says Central Bank's Independence Is Limited

Wed, 06/21/2017 - 21:25
A former Federal Reserve governor and possible candidate for future top positions at the central bank said the Fed isn’t as independent or permanent as many think.

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