Tag Archives: Wall Street Journal

High-Speed Rail in the U.S. Remains Elusive: Illinois Shows Why

799 Comments By Shayndi Raice and Shayndi Raice The Wall Street Journal Biography @Shayndi www.facebook.com/shayndi Shayndi.Raice@wsj.com Paul Overberg | Photographs by Paul Overberg The Wall Street Journal Biography @poverberg paul.overberg@wsj.com Daniel Acker for The Wall Street Journal March 4, 2019 10:29 a.m. ET An Amtrak train from St. Louis to Chicago hurtles past Dwight, Ill. Read More…

Cheniere Deal With China Signals Country's Key Role in LNG Exports

Cheniere Energy’s liquefied natural gas export terminal in Texas, in October 2018. Photo: Eddie Seal/Bloomberg News 2 Comments By Christopher M. Matthews Christopher M. Matthews The Wall Street Journal Biography Updated March 4, 2019 6:33 p.m. ET Cheniere Energy Inc.’s LNG 1.56% expected $18 billion deal to supply natural gas to China signals the company’s Read More…

Venezuelan Opposition Seeks U.S. Court's Help Protecting Citgo

Venezuela’s U.S.-backed opposition leaders asked a federal appeals court to refrain from carving up the country’s foreign assets, saying their loss would hurt the chances of political change in Caracas. The opposition’s parallel government filed papers Friday urging the U.S. Court of Appeals in Philadelphia to support the Trump administration’s push for regime change in Read More…

Disney Cuts Compensation for Iger in Fox Deal

Walt Disney CEO Robert Iger’s pay package jumped 81% to $65.6 million in the year ended in September. Photo: Michael Nagle/Bloomberg News 6 Comments By Micah Maidenberg and Micah Maidenberg The Wall Street Journal Biography @MicahMaidenberg micah.maidenberg@wsj.com Erich Schwartzel Erich Schwartzel The Wall Street Journal Biography @erichschwartzel erich.schwartzel@wsj.com Updated March 4, 2019 2:21 p.m. ET Read More…

Investors Scale Back Inflation Bets, Signaling Doubts About Growth

Traders have begun pricing in a small chance of the Federal Reserve cutting rates this year, a move that could nudge inflation higher. Above, Fed Chairman Jerome Powell. Photo: Joshua Roberts/Getty Images 106 Comments By Akane Otani Akane Otani The Wall Street Journal Biography @akaneotani akane.otani@wsj.com Updated March 3, 2019 2:28 p.m. ET Bets on Read More…

U.S. Push on Food Trade Pressures EU

U.S. Trade Representative Robert Lighthizer and European Trade Commissioner Cecilia Malmstrom took part in a meeting on steel overcapacity last March in Brussels. Photo: Stephanie Lecocq/Press Pool 19 Comments By Emre Peker Emre Peker The Wall Street Journal Biography @wsjemre emre.peker@dowjones.com March 4, 2019 7:00 a.m. ET BRUSSELS—U.S. and European trade negotiators face growing domestic Read More…

Philip Morris Cuts Profit Forecast After Canada Court Ruling

Philip Morris said Monday that it plans to take a pretax charge of $194 million in the first quarter due to the ruling. Photo: Daniel Acker/Bloomberg News 2 Comments By Micah Maidenberg Micah Maidenberg The Wall Street Journal Biography @MicahMaidenberg micah.maidenberg@wsj.com March 4, 2019 12:29 p.m. ET Philip Morris International Inc. cut its profit outlook Read More…

United Tech to Break Itself Into Three Companies

Among the items United Technologies produces are Pratt & Whitney jet engines. Photo: Chris Ratcliffe/Bloomberg News By Dana Mattioli and Dana Mattioli The Wall Street Journal Biography @DanaMattioli dana.mattioli@wsj.com Thomas Gryta Thomas Gryta The Wall Street Journal Biography @tgryta Thomas.Gryta@wsj.com Updated Nov. 26, 2018 6:58 p.m. ET United Technologies Corp. UTX 0.20% has decided to Read More…

Airbnb Hires New CFO From Amazon

Dave Stephenson Photo: Olli Tumelius/Airbnb By Nina Trentmann Nina Trentmann The Wall Street Journal Biography @Nina_Trentmann nina.trentmann nina.trentmann@wsj.com Updated Nov. 26, 2018 4:29 pm ET Airbnb Inc. has hired another executive from Amazon.com Inc., this time naming Dave Stephenson as chief financial officer of the vacation-rental portal ahead of a potential initial public offering. Mr. Read More…

IBM CEO Criticizes Big Internet Platforms for Mishandling Customers' Data

‘The genesis of the trust crisis is the irresponsible handling of personal data by a few dominant consumer-facing platforms,’ Ginni Rometty said. Photo: Michael Short/Bloomberg News By Daniel Michaels Daniel Michaels The Wall Street Journal Biography @DanMichaelsWSJ Dan.Michaels@wsj.com Updated Nov. 26, 2018 3:31 pm ET BRUSSELS— International Business Machines Corp. Chief Executive Ginni Rometty attacked Read More…

U.S.-China Trade Fight Risks Fragmenting Global Market, Says Beijing Ambassador

Cui Tiankai, China’s ambassador to the U.S. Photo: chris kleponis/Agence France-Presse/Getty Images Nov. 26, 2018 5:32 am ET U.S.-China economic relations are at their lowest point since China joined the World Trade Organization in 2001. Each side has whacked each other with tariffs and other restrictions—with more perhaps on the way. At the end of Read More…

Chinese Scientist Claims World's First Genetically Modified Babies

A researcher performs a CRISPR/Cas9 process, a gene-editing tool that is cheap, easy-to-use and powerful. Photo: Gregor Fischer/DPA/Zuma Press By Preetika Rana and Preetika Rana The Wall Street Journal Biography @Preetika_Rana preetika.rana@wsj.com Wenxin Fan Wenxin Fan The Wall Street Journal Biography @xinwenfan wenxin.fan@wsj.com Nov. 26, 2018 1:51 pm ET HONG KONG—A Chinese scientist claims to Read More…

France and Germany Step In to Circumvent Iran Sanctions

A shop at the Grand Bazaar in Tehran in September. Members of the European Union are trying to establish a channel for payments to sustain trade with Iran. Photo: Vahid Salemi/Associated Press By Laurence Norman Laurence Norman The Wall Street Journal Biography @laurnorman laurence.norman@wsj.com Nov. 26, 2018 12:00 pm ET BRUSSELS—France and Germany have joined Read More…