Tag Archives: Wall Street Journal

CBS Shifts to Hunt for Next CEO

Former Walt Disney Chief Operating Officer Tom Staggs left Disney in 2016 after it became clear that he wouldn’t succeed Robert Iger as the company’s chief executive. Photo: David Paul Morris/Bloomberg News 9 Comments By Joe Flint and Joe Flint The Wall Street Journal Biography @JBFlint Joe.Flint@WSJ.com Emily Glazer Emily Glazer The Wall Street Journal Read More…

'It's Been a Rout': Apple's iPhones Fall Flat in World's Largest Untapped Market

193 Comments By Newley Purnell and Newley Purnell The Wall Street Journal Biography @newley newley Google+ newley.purnell@wsj.com Tripp Mickle Tripp Mickle The Wall Street Journal Biography @trippmickle tripp.mickle@wsj.com Dec. 18, 2018 10:20 a.m. ET Auto rickshaws drive past Apple iPhone X ads in Mumbai. Photo: francis mascarenhas/Reuters NEW DELHI—Amit Rajput, who runs a counter selling Read More…

SoftBank Unit Shares Open Below IPO Price—Then Drop 8%

Shares of SoftBank Group Corp.’s telecom unit opened at ¥1,463 on the Tokyo Stock Exchange on Wednesday, down from the ¥1,500 issue price. Photo: kazuhiro nogi/Agence France-Presse/Getty Images 0 Comments By Suryatapa Bhattacharya and Suryatapa Bhattacharya The Wall Street Journal Biography @SuryatapaB Google+ Suryatapa.Bhattacharya@wsj.com Mayumi Negishi Mayumi Negishi The Wall Street Journal Biography @meiyume Google+ Read More…

Smaller Fed Moves Have Bigger Market Impacts

Fed officials are set to raise rates for the ninth time since they began raising them in December 2015. Photo: brendan smialowski/Agence France-Presse/Getty Images 44 Comments By Nick Timiraos in Washington and Nick Timiraos The Wall Street Journal Biography @NickTimiraos Google+ Nick.Timiraos@wsj.com Rachel Louise Ensign in New York Rachel Louise Ensign The Wall Street Journal Read More…

Elon Musk's SpaceX Is Raising $500 Million in Funding

The latest fundraising for SpaceX rounds out a volatile year for founder Elon Musk. Photo: Chris Carlson/Associated Press 84 Comments By Rolfe Winkler, Rolfe Winkler The Wall Street Journal Biography @RolfeWinkler Google+ Rolfe.Winkler@wsj.com Andy Pasztor and Andy Pasztor The Wall Street Journal Biography Andy.Pasztor@wsj.com Rob Copeland Rob Copeland The Wall Street Journal Biography @realrobcopeland rob.copeland@wsj.com Read More…

CVS Urges Judge Not to Halt Integration of Aetna

CVS has argued that halting all integration would cause irreparable harm to the company and its customers. Photo: lucas jackson/Reuters 0 Comments By Brent Kendall Brent Kendall The Wall Street Journal Biography @brkend Brent.Kendall@wsj.com Updated Dec. 18, 2018 5:06 p.m. ET WASHINGTON—A federal judge on Tuesday softened his previous suggestion that he would likely order Read More…

FedEx Starts Buyout Program as Express Struggles

The delivery carrier said the changes result from the performance of its international business, which weakened during its second fiscal quarter, particularly in Europe. Photo: philippe wojazer/Reuters 2 Comments By Paul Ziobro and Paul Ziobro The Wall Street Journal Biography @pziobro Paul.Ziobro@wsj.com Patrick Thomas Patrick Thomas The Wall Street Journal Biography @patthomas1318 patrick.thomas@wsj.com Updated Dec. Read More…

Conagra Finds New Buyer for Wesson

Richardson International, based in Canada, said it expects the Wesson brand to complement the agribusiness company’s food-and-ingredients division. Photo: Richard B. Levine/Newscom/Zuma Press 0 Comments By Micah Maidenberg Micah Maidenberg The Wall Street Journal Biography @MicahMaidenberg micah.maidenberg@wsj.com Updated Dec. 18, 2018 5:52 p.m. ET Conagra Brands Inc. CAG -1.55% has agreed to sell its Wesson Read More…

Ghosn's U.S. Push Irked Nissan Executives

Nissan’s Chief Executive Officer Hiroto Saikawa attends a press conference Monday in Yokohama, Japan. Photo: Tomohiro Ohsumi/Getty Images 43 Comments By William Boston William Boston The Wall Street Journal Biography @berlindiary BerlinDiary william.boston@wsj.com Dec. 18, 2018 5:30 a.m. ET Carlos Ghosn’s drive to increase Nissan Motor Co.’s NSANY 0.86% share of the U.S. market added Read More…

Darden Says Diners Are Trading Up Amid Strong Labor Market

The Olive Garden restaurant chain is Darden’s largest revenue generator. Photo: Callaghan O’Hare/Bloomberg News 0 Comments By Micah Maidenberg Micah Maidenberg The Wall Street Journal Biography @MicahMaidenberg micah.maidenberg@wsj.com Updated Dec. 18, 2018 4:02 p.m. ET A strong labor market is pushing diners at Darden Restaurants Inc.’s DRI 5.02% brands to splurge, helping overcome weaker traffic Read More…

Facebook's Sandberg Vows Action Following Reports of Russian Interference

Facebook Chief Operating Officer Sheryl Sandberg testified before the Senate Intelligence Committee in September. Photo: Drew Angerer/Getty Images 18 Comments By Dustin Volz Dustin Volz The Wall Street Journal Biography @dnvolz dustin.volz@wsj.com Updated Dec. 18, 2018 1:28 p.m. ET WASHINGTON— Facebook Inc. FB 2.48% Chief Operating Officer Sheryl Sandberg said Tuesday the company needs to Read More…

As Fed Begins Meeting, Trump Again Calls for No Rate Increase

Some market analysts have cited President Trump’s attacks on the Fed as another source of uncertainty rattling investor confidence. Photo: Evan Vucci/Associated Press 49 Comments By Nick Timiraos Nick Timiraos The Wall Street Journal Biography @NickTimiraos Google+ Nick.Timiraos@wsj.com Updated Dec. 18, 2018 3:18 p.m. ET WASHINGTON—President Trump continued on Tuesday morning his public campaign calling Read More…

U.S. Prepares More Payments to Trade-Hit Farmers

The USDA’s plan includes direct cash payments to producers of soybeans, hogs, sorghum, dairy products, cherries and other products. Photo: Mark Wilson/Getty Images By Jacob Bunge Jacob Bunge The Wall Street Journal Biography @jacobbunge jacob.bunge@wsj.com Dec. 17, 2018 6:25 p.m. ET The U.S. government will make a second, multibillion dollar payment to U.S. farmers struggling Read More…

Fed Faces Communication Challenge on Rates

Federal Reserve Chairman Jerome Powell holds a news conference in September. Photo: alexander drago/Reuters 25 Comments By Nick Timiraos Nick Timiraos The Wall Street Journal Biography @NickTimiraos Google+ Nick.Timiraos@wsj.com Dec. 17, 2018 12:30 p.m. ET Federal Reserve officials will debate this week how to signal less certainty over the path of interest rates without implying Read More…