Tag Archives: Wall Street Journal

U.K. Airlines Face Bumpy Post-Brexit Path

An easyJet airplane prepares to land in Barcelona last June. Photo: Josep Lago/Agence France-Presse/Getty Images By Nina Trentmann Nina Trentmann The Wall Street Journal Biography @Nina_Trentmann nina.trentmann Google+ nina.trentmann@wsj.com Updated March 29, 2017 2:40 p.m. ET 0 COMMENTS U.K. airlines could face major upheaval as the country untangles itself from the European Union. Prime Minister Read More…

Snap, NBCUniversal in Deal for 2018 Winter Games

Bob Costas pictured during the 2016 Summer Olympics in Rio de Janeiro. Photo: Getty Images By Shalini Ramachandran and Shalini Ramachandran The Wall Street Journal Biography @shalini Google+ Shalini.Ramachandran@wsj.com Maureen Farrell Maureen Farrell The Wall Street Journal Biography @Maureenmfarrell maureen.farrell@wsj.com Updated March 29, 2017 3:15 p.m. ET 4 COMMENTS Snap Inc. has signed a pact Read More…

Whatever Happened to Free Trade?

After World War II, the global economy rose on a wave of trade and finance, lifting hundreds of millions of people out of poverty in developing countries and providing rich countries with cheaper goods, lucrative investments and hopes for a more peaceful planet. That tide is now receding. Nine years after the financial crisis, global…

Yellen Calls for Better Public Education, Workforce Development Programs

Federal Reserve Chairwoman Janet Yellen said better educational opportunities for low-income communities and programs to develop entrepreneurship could expand work opportunities and benefit the overall labor market. Ms. Yellen said low- and moderate-income communities and minority groups continue to struggle to find jobs despite steady improvement in the overall labor market, in remarks prepared for Read More…

Republicans' Tough Call on Taxes: Quick, Short Yardage or Hail Mary?

WASHINGTON—Republicans in Congress face tough decisions in the weeks ahead about what procedural steps to take toward the next big item on President Donald Trump’s economic agenda—overhauling the tax code—with important implications for what they can accomplish. They have three main options: A fast-track plan that would yield quick action this year but limit how Read More…

A Faster Answer for Lost Bags With a Hidden Benefit for Airlines

An innovation aiming to streamline how air passengers reconnect with their lost luggage comes with a major asterisk: Airlines would no longer count that luggage as lost. Several carriers already alert travelers when their checked baggage doesn’t make their flight. Those texts or emails save passengers from waiting needlessly at baggage carousels. Customers can go Read More…

Shipping-Technology Startup Freightos Raises $25 Million

Shipping-technology startup Freightos raised $25 million in a funding round led by General Electric Co.’s GE Ventures, the freight company said Wednesday. The Series B round brings the Israel-based company’s total funding to $50 million—one of the most well-funded entities in a group of technology startups trying to take the booking of freight transportation online. Read More…

Southern Co. CEO Says Will Ask Toshiba to Help Complete Georgia Reactors

TOKYO—Southern Co. Chief Executive Tom Fanning said he would ask Toshiba Corp. to honor what he said was a commitment to the construction of two nuclear reactors in Georgia, after the lead contractor, Toshiba subsidiary Westinghouse Electric Co., filed for bankruptcy protection on Wednesday. Hit by cost overruns from Southern’s planned expansions at its Vogtle Read More…

Amazon and Facebook Hit Unexpected Obstacle in India: China

As the U.S.’s top tech brands ramp up operations in India, they are running into unexpected resistance: their Chinese equivalents stepping in to bolster their Indian competitors with billions of dollars in investments and expertise. In recent years, Amazon.com Inc., Facebook Inc., Uber Technologies Inc. and others have announced ambitious plans and rapid rollouts in Read More…

Toshiba's Westinghouse Electric Files for Bankruptcy Protection

Westinghouse Electric Co., a major player in global nuclear construction, filed for bankruptcy protection on Wednesday, raising questions about the fate of four half-finished reactors in the U.S. A storied name in nuclear power, Westinghouse incurred billions of dollars of cost overruns building the nuclear reactors in Georgia and South Carolina, a financial disaster that Read More…