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Key to Pandora's Subscription Hopes: Country Music

Sat, 02/18/2017 - 08:45
As the Internet-radio giant enters the competitive field of subscription streaming services, it hopes to ride its edge with country-music lovers.

Insurers Voice Concern Over House GOP's Outline for Health Law Repeal

Fri, 02/17/2017 - 17:06
House Republicans’ outline of an Affordable Care Act repeal plan left health insurers increasingly worried about the future of the health law’s exchanges, despite a Trump administration proposal earlier this week aimed at providing stability.

Deere Gives Upbeat Outlook as Earnings Fall

Fri, 02/17/2017 - 15:56
Deere & Co. said demand for its farm machinery is improving, offering fresh optimism that the three-year long slide in equipment sales is beginning to ease. It also raised its sales growth forecast for this year.

Kraft's $143 Billion Bid for Unilever Highlights Squeeze in Consumer Goods

Fri, 02/17/2017 - 14:56
Kraft Heinz has made a $143 billion approach to take over U.K. consumer-products giant Unilever, a move that would bring together some of the best-known household brands in the world.

Brad Grey to Leave CEO Post at Viacom's Paramount Pictures

Fri, 02/17/2017 - 14:53
The former talent manager who has run Paramount for more than a decade is stepping down at the request of his new boss, Viacom CEO Bob Bakish, according to people familiar with the matter.

Trump Praises Boeing, Suggests More Plane Purchases Coming

Fri, 02/17/2017 - 14:33
President Donald Trump heaped praise on Boeing and suggested the U.S. government could increase its business with the aerospace company as he delivered an economic-themed speech that had many campaign trail overtones.

Big Food Looks to Startups for Ideas, Innovation

Fri, 02/17/2017 - 13:55
Food giants are starting venture-capital funds to invest in startups focused on healthier and less-processed foods. Kellogg and General Mills are betting these younger companies can teach them to be more entrepreneurial and innovative.

Trump Team's Growth Forecasts Far Rosier Than Those of CBO, Private Economists

Fri, 02/17/2017 - 13:43
The Trump administration has drafted preliminary economic growth forecasts in its federal budget planning that rely on assumptions that are far rosier than projections made by independent agencies and most private forecasters, according to several people familiar with the discussions.

Whole Foods Shareholders to Meet Amid Pressure on the Board

Fri, 02/17/2017 - 13:41
Whole Foods Market’s annual meeting of shareholders will convene Friday amid investors’ concerns about the organic food retailer’s ability to make changes to address sustained declines in sales growth and steep reductions in its share value.

Moody's Swings to Loss on DOJ Settlement Charge

Fri, 02/17/2017 - 12:44
Moody’s Corp. swung to a loss in the final quarter of the year as it booked a hefty charge related to its settlement with the Justice Department.

Big Apartment Landlord Sues Airbnb

Fri, 02/17/2017 - 12:42
One of the largest U.S. apartment landlords has filed civil lawsuits in California and Florida against Airbnb, alleging its tenants are renting out units on the site in violation of their leases and are creating unsafe conditions for other tenants.

Miles Cahn Turned Coach Into a Household Name

Fri, 02/17/2017 - 10:46
In 1961, Miles Cahn and his wife, Lillian, had founded Coach Leatherware, unwittingly setting in motion a revolution in American women’s handbags. Mr. Cahn died on Feb. 10. He was 95.

U.S. Household Debts Climbed in 2016 by Most in a Decade

Fri, 02/17/2017 - 07:56
The total amount of debt held by American households climbed in 2016 by the most in a decade.

As Tax Debate Heats Up, Lawmakers Struggle to Think of a Plan B

Fri, 02/17/2017 - 07:54
Despite widespread criticism, border adjustment isn’t dead, and that is partly because Republicans haven’t developed palatable alternatives that avoid huge budget deficits or prevent the corporate tax base from fleeing abroad.

General Mills Lowers Sales, Profit Forecast

Fri, 02/17/2017 - 07:49
General Mills cut its already-downbeat sales and earnings forecast for its current year on weaker-than-expected sales U.S. yogurt and soup.

Conference Board's Leading Indicators Index Rises Again

Fri, 02/17/2017 - 07:41
The Conference Board’s leading economic index jumped again in January, a sign that the U.S. economy could continue growing in the first half of this year.

Trump Picks Alexander Acosta to Serve as Labor Secretary

Fri, 02/17/2017 - 05:16
President Donald Trump’s nominee has served as dean of Florida International University’s law school in Miami since 2009 and was appointed by President George W. Bush to serve on the National Labor Relations Board.
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