» United Tech to Break Itself Into Three Companies
26/11/18 23:58 from WSJ.com: US Business
The industrial conglomerate has decided to separate itself into three independent companies, breaking apart one of America’s last industrial conglomerates.
» Trump Tells GM to Open Ohio Plant and Stop Output in China
26/11/18 23:58 from WSJ.com: US Business
General Motors plans to cut up to 14,800 jobs and end production at certain plants, marking the auto maker’s first significant downsizing since bankruptcy as it tries to adjust to lower demand for passenger cars. President Trump said GM ...
» Airbnb Hires New CFO From Amazon
26/11/18 23:15 from WSJ.com: US Business
Airbnb has hired another executive from Amazon.com, this time naming Dave Stephenson as chief financial officer of the vacation-rental portal ahead of its potential public offering.
» Second-Tier Cities Boast First-Rate Job Figures
26/11/18 22:58 from WSJ.com: US Business
Amazon.com Inc.’s decision to locate new headquarters in the New York and Washington regions highlighted an ongoing shift of economic might toward big coastal power cities. But second-tier cities are thriving, and by some measures they a...
» GE Bonds Rebound as Bargain Hunters Swoop In
26/11/18 22:47 from WSJ.com: US Business
General Electric bonds rebounded sharply in recent days, easing some of the losses debt investors have taken as doubts about the conglomerate’s financial stability spread through financial markets.
» Carlos Ghosn Was Too Powerful, Nissan's CEO Says
26/11/18 22:38 from WSJ.com: US Business
Nissan Motor’s chief executive told employees Carlos Ghosn had too much power as chairman, highlighting the tension welling up between the two men before Mr. Ghosn’s arrest a week ago. The fallout spread Monday as Mr. Ghosn was ousted as...
» Lettuce ProducersPrepare Labeling Changes in Response to NewE. Coli Outbreak
26/11/18 22:32 from WSJ.com: US Business
Major U.S. lettuce producers are preparing to change how they label romaine lettuce as the latest E. coli outbreak shuts down the market for the leafy salad green.
» It's Official: China's E-Commerce King is a Communist
26/11/18 22:24 from WSJ.com: US Business
China’s E-Commerce king, Jack Ma, was identified as a Communist Party member by the People’s Daily in a list of people credited with helping modernize China’s economy.
» How a History of Discord Fuels Today's U.S.-China Trade Tensions
26/11/18 20:57 from WSJ.com: US Business
As President Trump and President Xi Jinping prepare for a summit meeting this week, their trade dispute recalls one from a quarter-century ago between China and the first Bush administration.
» IBM CEO Criticizes Big Internet Platforms for Mishandling Customers' Data
26/11/18 20:31 from WSJ.com: US Business
IBM CEO Ginni Rometty attacked big internet platforms for mishandling customers’ data and endorsed some EU efforts to police the web.
» China Works to Look Open to Foreign Business as G-20 Summit Nears
26/11/18 19:23 from WSJ.com: US Business
In its latest move in recent weeks to show it’s a friend of foreign businesses, China paved the way for German insurer Allianz SE to establish the country’s first wholly foreign-owned insurance holding company.
» U.S.-China Trade Fight Risks Fragmenting Global Market, Says Beijing Ambassador
26/11/18 19:16 from WSJ.com: US Business
The trade fight between the U.S. and China risks fragmenting the integrating global market, China’s ambassador to the U.S. Cui Tiankai said in an interview. He was speaking ahead of the summit meeting between President Trump and Presiden...
» Chinese Scientist Claims World's First Genetically Modified Babies
26/11/18 19:07 from WSJ.com: US Business
A Chinese scientist claims to have produced the world’s first genetically modified babies, stirring alarm among doctors who warn such experiments using nascent DNA-editing technology pose too many health and ethical risks.
» France and Germany Step In to Circumvent Iran Sanctions
26/11/18 18:00 from WSJ.com: US Business
France and Germany have joined forces to rescue a European effort to create a payments channel to keep trade flowing with Iran, defying U.S. attempts to take the air out of the plan, senior diplomats said.
» The U.S. Housing Boom Is Coming to an End, Starting in Dallas
26/11/18 17:18 from WSJ.com: US Business
Dallas is housing’s “canary in the mine shaft.” Homes are taking longer to sell, bidding wars are rarer and price cuts are more common as buyers absorb the impact of higher mortgage rates.