Starboard, Elliott Management Call on eBay to Shed StubHub, Classifieds

EBay is being circled by a pair of activist investors who want the online marketplace to consider parting with StubHub and its classified-ad business.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

J.C. Penney Struggles to Avoid Same Fate as Sears

J.C. Penney sales are falling, senior executive slots remain vacant and the strategy keeps changing—leading analysts to ask: Is it too late for a turnaround?
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Carlos Ghosn Offers to Pay for Ankle Monitor, Security to Get Bail in Japan

Carlos Ghosn scaled back his request for bail as his detention stretches into its ninth week, promising to stay in Tokyo and pay for an ankle monitor and security guards to ensure he doesn’t flee.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

The Public Face of Huawei’s Global Fight

Meng Wanzhou, Huawei’s finance chief and daughter of its founder, helped lead the company’s effort to improve its image. With her arrest, she’s caught up in one of the probes ensnaring the company around the world.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Tesla to Slash More Jobs in Effort to Lower Model 3 Price

Tesla is cutting its full-time workforce by 7% to help lower costs so it can sell the Model 3 sedan at a lower price. Shares fell 13%.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Netflix Reports Paid Customers Rise on Strength Overseas

Netflix reported a jump in paid subscribers in the fourth quarter, exceeding its own expectations for growth by drawing in more customers in international markets even as domestic growth slowed.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

WeWork’s CEO Makes Millions as Landlord to WeWork

The CEO of WeWork has made millions by leasing multiple properties in which he has an ownership stake back to WeWork, one of the country’s most valuable startups.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Netflix Raises Prices on All of Its Subscription Plans

Netflix is raising prices on all of its subscription plans, with the streaming service’s most popular plan increasing to $ 13 a month from $ 11, and the base plan rising to $ 9 a month from $ 8.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Hostile Bid for Gannett Rattles Some in the Newspaper Business

The hostile takeover bid for Gannett Co. by MNG Enterprises Inc., a newspaper group backed by a hedge fund, has stoked fears that an industry already reeling from years of cutbacks could be in for even more severe cost-cutting.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Shutdown Pinches Economic Growth

The partial federal government shutdown is showing signs of disrupting commerce as hundreds of thousands of federal workers missed out on their first payday of the closure late last week.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Huawei Fires Executive Charged in Poland With Espionage

Chinese telecom company Huawei fired a sales director who was arrested in Poland on espionage charges, saying he brought it “into disrepute.”
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Huawei Executive Is Charged With Espionage in Poland

Polish authorities detained and charged a local sales director of Huawei, a Chinese national, with conducting high-level espionage on behalf of China, amid widening global scrutiny of the technology giant.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Strong Economy Can’t Save Retailers From Holiday Blues

The strong U.S. economy wasn’t enough to give many mall-based retailers a strong year-end boost, as Macy’s and others posted tepid holiday sales, fueling a selloff in retail stocks.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Oil’s Fall Threatens U.S. Shale Drillers

Plunging oil prices once again threaten to force American shale drillers to pull back on production, just as they were preparing to unleash a flood of crude.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Sears Gets Another Lifeline: Lampert’s $4.4 Billion Bid Still Alive

A bid to rescue the retailer from bankruptcy proceedings by Sears Holdings former CEO Edward Lampert is still alive, as an auction is set for Jan. 14.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

UPS’s Holiday Wish: Handling the Delivery Surge

UPS is hoping that billions of dollars in system improvements this year will help it avoid shipping problems during the online shopping surge of the holiday season.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Fed Faces a Fresh Test: Soft Economic Landing

Federal Reserve officials, after navigating the U.S. economy through the financial crisis and its rebound, face a fresh test in 2019: managing an economic soft landing.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Marriott Says Hackers Swiped Millions of Passport Numbers

Marriott said fewer customers were affected in a massive data breach than initially feared but that hackers had compromised the passport numbers of millions of people.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Apple Beware: Samsung’s Great Fall in China Was Swift

Apple’s stumble in China is an all-too-familiar story for rival Samsung Electronics. In five years, the iPhone’s biggest rival went from China’s No. 1 phone maker to an also-ran.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Apple’s Stock Drops on Revenue Warning

Apple shares fell steeply after the iPhone maker slashed its quarterly revenue forecast as it deals with shrinking demand in China and fewer owners upgrading their phones.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Tesla Shares Sink on Model 3 Delivery Miss, Price Cuts

Tesla reported Model 3 sedan deliveries that missed Wall Street’s estimates and said it would cut prices on all its vehicles, news that drove shares of the electric-car maker down nearly 7%.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Drugmakers Raise Prices on Hundreds of Medicines

Pharmaceutical companies are raising prices on hundreds of drugs, with Allergan setting the pace with increases of nearly 10% on more than two dozen products, according to a new analysis.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Huawei Rivals Nokia and Ericsson Struggle to Capitalize on U.S. Scrutiny

U.S.-led efforts to curb Huawei should have been good news for telecom-equipment makers Nokia and Ericsson—but things haven’t turned out to be so simple.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Amazon Plans to Add Whole Foods Stores

Amazon.com is planning to build and expand Whole Foods stores across the U.S. to put more customers within range of the e-commerce giant’s two-hour delivery service.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Edward Lampert Makes Last-Minute Bid to Save Sears

Edward Lampert’s ESL Investments moved forward with an offer to save Sears stores, but the retailer’s survival isn’t guaranteed.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Tesla Adds Ellison, Musk’s ‘Close Friend,’ to Board

Tesla named two new independent directors including Oracle’s Larry Ellison, a public booster of Tesla CEO Elon Musk, as the board has been under pressure to increase oversight of its outspoken founder.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Ghosn Investigators Focus on Ties to Saudi Businessman

The latest investigation by Tokyo prosecutors into Nissan Motor’s Carlos Ghosn centers on his relationship with a Saudi Arabian businessman, Khaled Al Juffali, who runs part of Nissan’s Middle East business.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

‘Black Panther,’ ‘Avengers’ Top Record 2018 Box Office

“Black Panther” and other Disney superheroes powered Hollywood to a record year at the box office, which is expected to finish 2018 with ticket sales up about 6% from last year’s returns.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

U.S. Holiday Retail Sales Are Strongest in Years

Shoppers delivered the strongest holiday sales increase for U.S. retailers in six years, according to early data.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Huawei Had a Deal to Give Washington Redskins Fans Free Wi-Fi, Until the Government Stepped In

Huawei Technologies scored when it signed a 2014 deal to provide Wi-Fi to Washington Redskins fans with seats in the suites at FedEx Field; the deal lasted seven weeks.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Retailers Wrapping Up Holidays With Cheer

Stores have met the lofty sales expectations set by analysts, showing that many chains continue to reap the benefits of a strong U.S. economy and rising consumer confidence. Delivery companies have also held up so far during the holiday season.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

What Amazon Isn’t Telling Investors About Its Revenue

The Securities and Exchange Commission is pushing Amazon.com and other companies to disclose more about their sources of revenue; some companies are pushing back.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Gatwick Resumes Flights Once Again After Drone Scare

The airport late Friday again suffered a shutdown because of another drone sighting but was able to quickly resume flights, as one of Europe’s biggest airports made a fitful recovery from Thursday’s full-day closure.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Carlos Ghosn Re-Arrested on Suspicion of Shifting Personal Losses to Nissan

Nissan’s former Chairman Carlos Ghosn was re-arrested on suspicion of shifting personal losses to Nissan, derailing his plans for bail.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Pfizer, Glaxo Strike Deal to Put Focus on Prescription Drugs

Pfizer and GlaxoSmithKline plan to combine their consumer health units and eventually spin off the joint venture, creating the world’s largest seller of drugstore staples.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

CBS Shifts to Hunt for Next CEO

Tom Staggs, the former operating chief of Walt Disney, has emerged as a top candidate for the chief executive job at CBS, as the network looks to turn the page on months of uncertainty and upheaval since the departure of Leslie Moonves.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Former CBS Chief Moonves Won’t Get $120 Million Severance Payment

Leslie Moonves won’t receive any of his severance package after the company reviewed the findings of a probe into allegations he sexually harassed and assaulted many women during his career.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

The Fall of the House of Ghosn

Not everybody at Nissan was happy with their rock-star chairman, Carlos Ghosn. His high-living ways gave the company ammunition to take him down.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Deloitte Board Nominates New U.S. CEO to Replace Cathy Engelbert

Deloitte LLP’s board has nominated the head of its audit practice as the next U.S. chief executive at the Big Four accounting firm, apparently closing off the last chance that current chief Cathy Engelbert might get a second term.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

GE Powered the American Century—Then It Burned Out

The company that was once America’s biggest and most admired, the maker of power turbines, the seller of insurance, the broadcaster of “Seinfeld,” has become a shadow of its former self. This is the story of how generations of managers, who thought they could fix any company in any industry, finally ran into a problem they couldn’t solve.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Apple Plans Billion-Dollar Texas Campus in Wave of New Sites

Apple plans to invest $ 1 billion to build a new campus in Austin that could create 15,000 jobs, as it aims to make good on promises to boost contributions to the economy.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

GM CEO Is Under Fire From Trump, Lawmakers Over Restructuring

General Motors Chief Executive Mary Barra faces bipartisan anger in Washington over the company’s plans to cut 14,800 jobs and close four plants despite robust profits and a strong economy.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Verizon Takes $4.5 Billion Charge Related to Digital Media Business

Verizon Communications is booking a $ 4.5 billion accounting charge related to its Oath media business, a sign its bet on high-profile internet properties and content several years ago hasn’t worked out as expected.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Google to Accelerate Closure of Google+ Social Network

Google said it would close the consumer version of its Google+ social network after discovering a software bug that exposed the private profile information of 52 million users to outside app developers, the second time this year the company has acknowledged exposing private user data.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Nissan, Ghosn Charged With Underreporting His Compensation

Japanese prosecutors on Monday indicted former Nissan Motor Chairman Carlos Ghosn on charges of underreporting his compensation on five years of Nissan’s financial reports, Kyodo News reported.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Uber Joins Rival Lyft in Race for Listing

Uber filed paperwork confidentially this week for its initial public offering, according to people familiar with the matter, as it races with smaller rival Lyft to be the first to market.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Carlos Ghosn Was Too Powerful, Nissan’s CEO Says

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 chairman of Nissan partner Mitsubishi Motors.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Boeing Backs Out of Global IP Satellite Order Financed by China

Boeing said it was canceling a controversial satellite order that was financed by a Chinese government-owned firm, citing default for nonpayment.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Boeing Omitted Safety-System Details, Minimized Training for Crashed Lion Air 737 Model

Boeing limited pilot-training requirements for the antistall system investigators believe played a role in the crash of Lion Air Flight 610, and omitted details about the system from the 737 MAX operations manual.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Kroger to Sell Groceries in Walgreens Stores

Kroger plans to sell groceries in branded sections of Walgreens Boots Alliance stores, as both retailers look for ways to keep customers loyal to their products.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Disney Raises the Bar Robert Iger Has to Clear to Win Bonus

Walt Disney announced more-rigorous benchmarks required for CEO Robert Iger to collect a $ 100 million equity grant in 2021 that was criticized by shareholder advisory groups.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Marriott’s Starwood Missed Chance to Detect Huge Data Breach Years Earlier, Cybersecurity Specialists Say

Marriott says it responded quickly when it learned in recent weeks of a colossal theft of customer data, but cybersecurity specialists say the company missed a significant chance to halt the breach years earlier.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

How Microsoft Quietly Became the World’s Most Valuable Company

Microsoft tried through the years to compete in a range of buzzy consumer businesses, but it was Chief Executive Satya Nadella’s focus on selling humdrum yet fast-growing computing services to companies that allowed it to reclaim the title of world’s most valuable company.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Apple Investigated Possible Business Misconduct in Its Supply Chain

Apple conducted an investigation earlier this year into possible business misconduct within its supply chain—including possible kickbacks and bribes—rattling some of the tech giant’s suppliers and staff in China.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

United Tech to Break Itself Into Three Companies

The industrial conglomerate has decided to separate itself into three independent companies, breaking apart one of America’s last industrial conglomerates.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Altria in Talks to Take Significant Minority Stake in Juul Labs

Altria is in talks to take a significant minority stake in e-cigarette startup Juul, a move that could give the Marlboro maker greater access to a rapidly growing but increasingly controversial segment of the nicotine market.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Big Tech Expands Footprint in Health

Amazon.com has begun to sell software that mines patient medical records for information doctors and hospitals could use to improve treatment and cut costs, the latest move by a big technology company into the health-care industry.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Trump Tells GM to Open Ohio Plant and Stop Output in China

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 should stop making cars in China and make them in the U.S. instead, in an exclusive WSJ interview.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

A Warming Climate Brings New Crops to Frigid Zones

Longer growing seasons are helping lead northern farmers to plow up forests and plant crops such as corn and soybeans that were once hard to grow in their chilly territories, helping drive up land prices. ‘We’re seeing crops grown in places they’ve never grown before.’
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Toys ‘R’ Us Gears Up for Holiday Sales—in Asia

Toys ‘R’ Us staff are filling shelves this holiday season at hundreds of stores across Asia, where the brand has been given new life after being sold off by the bankrupt American toy retailer.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Retail Stores Win Back Shoppers, Not Profits

Low unemployment and rising wages are giving shoppers an extra reason to make the annual pilgrimage to the mall on Black Friday, but below that cheerful veneer, chains from Walmart to Macy’s are struggling with rising costs as more shopping shifts online.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

‘I Found This Very, Very Violent.’ Carlos Ghosn’s Arrest Tests Nissan-Renault Relationship

While the auto industry star is in detention in Tokyo, the global auto alliance he ran is showing signs of strain and conflict.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Half of Jobs at Amazon’s Two New Headquarters Won’t Be Tech Positions

New York City officials said that of the at least 25,000 jobs, half will be in tech and the rest will be “administrative jobs, custodial staff, HR, all those things.” Virginia officials said they expect the same job breakdown.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Amazon Employees Join Long Island City Condo Rush

Condo sales in Long Island City are suddenly soaring, thanks to Amazon’s decision to open a headquarters in the Queens, N.Y., neighborhood.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

France Seeks Interim Leadership at Renault After Ghosn’s Arrest

France is moving to fill a power vacuum at car maker Renault after Chief Executive Carlos Ghosn was arrested in Japan on allegations of financial misconduct at Nissan, Renault’s Japanese partner.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

GE Seeks Power Sales in Iraq, but Report Spotlights Corruption Concerns

General Electric is seeking sales for struggling power unit, but faces a dilemma with Iraq, according to a consultant’s report prepared for the company. The nation needs multimillion-dollar gas turbines—and poses corruption problems.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Cryptocurrency Hangover Weighs on Nvidia

Nvidia shares tumbled 18% after the chip maker projected declining revenue for the current quarter as it works through excess inventory left over from the cryptocurrency boom.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

PG&E Shares Surge on Hopes of State Support

Shares of PG&E opened sharply higher on investor hopes that California officials would move to rescue the utility from wildfire-related liabilities that threaten to plunge it into bankruptcy.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Walmart Posts Strong Sales Gains Ahead of Holidays

Walmart posted higher quarterly sales, continuing a run of solid growth as the world’s largest retailer taps into online shopping and a robust U.S. economy ahead of the busy holiday season.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

California’s Largest Utility Pummeled by Wildfire Risks

California’s largest utility suffered its steepest stock plunge in 16 years Wednesday as concerns grew that potential liability costs from destructive wildfires threaten the company’s financial future.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

How Amazon Picked HQ2 and Jilted 236 Cities

For months, Amazon made demands of cities even though it had determined early in the year that no single place would fulfill its requirements. The long search, designed to showcase the company’s largesse, has for some left a bad taste. “My heart’s broken today.”
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Amazon Picks New York City, Northern Virginia for Its HQ2 Locations

New York City and Northern Virginia will be the homes for Amazon.com Inc.’s second and third headquarters, according to people familiar with the matter.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

New York City Raids Condo Building in Crackdown on Airbnb Rentals

New York City law-enforcement officers swarmed a Manhattan condominium last month, issuing 27 notices of violations in one of the largest crackdowns on short-term rentals such as those listed on Airbnb.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

At Netflix, Who Wins When It’s Hollywood vs. the Algorithm?

As the video-streaming company plunges deeper into original production, its Los Angeles wing is doing the once-unthinkable: overriding the metrics.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Trump Tariffs Pit Auto Companies Against Each Other

Fights are emerging across the auto industry over who should bear the costs of tariffs, and driving some companies to sue their partners.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Walt Disney Posts Record Annual Profit

Disney turned in a strong financial performance in the latest period, as its parks-and-resorts and studio-entertainment segments helped it deliver record profit and revenue for the year.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

In Silicon Valley, Saudi Money Keeps Flowing to Startups

Silicon Valley startups are continuing to negotiate deals with Saudi Arabia and take its capital from its partner SoftBank, amid controversy over the killing of journalist Jamal Khashoggi that has clouded the kingdom’s role as a major global technology investor.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Dell Discusses Sweetening Tracking-Stock Offer With Large Shareholders

Dell Technologies has been contacting large shareholders of an affiliate about sweetening a roughly $ 22 billion bid to buy them out before the unpopular deal goes to a vote next month.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Under Armour’s #MeToo Moment: No More Strip Clubs on Company Dime

Under Armour employees received an email earlier this year that upended a longstanding company practice: They could no longer charge visits to strip clubs on their corporate cards. Strip-club visits were symptomatic of practices women at Under Armour found demeaning, current and former employees say.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Amazon in Late-Stage Talks for HQ2 Location

Amazon.com has progressed to late-stage talks on its planned second headquarters with a small handful of communities including northern Virginia’s Crystal City, Dallas and New York City.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Hate Speech on Live ‘Super Chats’ Tests YouTube

YouTube’s Super Chat, which allows users to pay to have comments amplified during streaming videos, generates revenue but can contain racist comments and hate speech.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Apple Shares Stumble, but Company Keeps Trillion-Dollar Valuation

Apple shares stumbled as investors fretted over the iPhone maker’s financial outlook for the important holiday quarter and the company’s decision to stop reporting device unit sales.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Apple Reports Record Results but Weak Revenue Outlook

Apple reported another quarter of record revenue and profit, but its shares fell in after-hours trading following the company’s lackluster sales guidance for the key holiday quarter.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

EPA Allows Farmers to Keep Using Bayer’s Controversial Weedkiller

The EPA extended by two years its approval of XtendiMax, a version of the herbicide dicamba made by Bayer, which some farmers and researchers have blamed for damaging millions of acres of crops.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

That Big Mac and Coke Now Comes With a Side Order of Inflation

From paint to air tickets to handbags, the prices of consumer items are going up as industries pass along higher costs. A long period of low inflation appears to be over.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

U.K. to Roll Out First-of-Its-Kind Digital Tax

The U.K. said it will move ahead with plans to introduce a first-of-its-kind tax on locally generated revenue by large technology firms—the most concrete attempt yet by an industrialized nation to rewrite the world’s tax code for the digital era.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

IBM to Acquire Red Hat for About $33 Billion

International Business Machines agreed to buy software-and-services company Red Hat for about $ 33 billion in its biggest acquisition ever, a deal that IBM hopes will boost a cloud-computing business central to Chief Executive Ginni Rometty’s effort to revive the tech giant.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Chinese Firms Snap Up U.S. Sites to Process Scrap

Chinese companies are setting up shop in the U.S. to obtain the scrap paper and plastic their government has deemed too dirty to import.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

After Months of Struggle, NBC’s $69 Million Bet on Megyn Kelly Flames Out

An outcry over remarks Ms. Kelly made on the air about blackface Halloween costumes on Tuesday proved the last straw in the anchor’s rocky stint on the ‘Today’ show. NBC canceled her show Friday. Negotiations “about next steps” continue, her lawyer said.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

At Netflix, Radical Transparency and Blunt Firings Unsettle the Ranks

Buzzwords and anxiety fill the hallways as Hollywood giant tries to maintain a winning culture amid breakneck growth; the ‘N-word’ scandal gets ‘sunshined.’
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Altria Will Pull Its E-Cigarette Pods From the Market

Altria Group said it would pull its e-cigarette pods from the market and discontinue the sale of most flavored e-cigarettes in response to mounting concerns about a surge in underage use of similar products.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Manufacturers See Signs of New Risks

Rising costs, a stronger dollar and concerns over growth in China are posing new challenges for U.S. manufacturers.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Caterpillar Pushes Profit Higher

Caterpillar reported higher profit thanks to price increases and rising sales, offsetting higher costs to make and ship its machinery due in part to metal tariffs.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

The Steel Industry Gets What It Wants on Tariffs

U.S. steelmakers prevailed in their push for the Trump administration to impose tariffs on imported steel and aluminum. The industry also succeeded in a later effort to make some tariffs disappear.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Bull Market’s Latest Hurdle: Slowing Sales Growth

Firms from BlackRock to IBM report disappointing quarterly sales, citing such factors as cautious customers, rising costs and a stronger dollar.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Defense Firms Struggle With Security-Clearance Backlog

An exacerbated workforce crunch for makers of warships, jet fighters and cybersecurity systems is forcing them to resort to workarounds to finish Pentagon orders.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Amazon Revisits Some Cities as HQ2 Decision Looms

Amazon executives have made a fresh round of visits to several of the 20 finalists for its $ 5 billion second-headquarters project, fueling added anticipation as it nears a decision in a process that has stretched over more than a year.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

In the Fight Against Fake News, Facebook’s Fact-Checkers Struggle to Keep Up

The social network’s algorithms scan billions of posts each day in hopes of flagging misinformation before it goes viral; humans play a supporting role, but in the end they simply can’t keep up.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Constellation CEO Rob Sands to Step Down From Corona Brewer

Rob Sands, the third in his family to lead the upstate Victor, N.Y. company, will step aside as chief executive on March 1, entrusting Constellation’s future to one of his lieutenants, Bill Newlands.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Advertisers Allege Facebook Failed to Disclose Key Metric Error for More Than a Year

Facebook knew of problems with how it measured viewership of video ads for more than a year before it disclosed them in 2016, according to a complaint filed Tuesday by some advertisers.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

A Drama CBS Can’t Cancel—the One in Its Boardroom

CBS sought to turn the page on upheaval when Leslie Moonves stepped down as chairman and chief executive. Instead, the boardroom drama continued.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Sears Set to File for Bankruptcy, With Its Survival in Question

As Sears plans to file for chapter 11 protection, the big question is whether a smaller Sears emerges from bankruptcy or whether the filing leads to a liquidation and a final end to the storied chain.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Edward Lampert’s Non-Strategy to Save Sears

The hedge-fund veteran spent far less than his rivals on store remodels and expansion, and was reluctant to commit capital to fresh ventures.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Sears, Lenders Nearing Deal to Keep Some Stores Open

Sears Holdings is inching closer to a deal with lenders about a bankruptcy plan that would close at least 150 stores and provide a lifeline loan to keep a small footprint of around 300 locations open.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Big Lenders Make Push to Liquidate Sears

Some of Sears’s biggest lenders are pushing for the troubled retailer to liquidate rather than try to reorganize through the bankruptcy process
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Google Privacy Upgrades Could Jolt Gmail App Developers

Google’s plan to put more limits on access to Gmail user data is likely to disrupt business for scores of app developers whose services are based on the world’s most popular email service.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Ackman Reveals Stake in Starbucks

William Ackman said his activist hedge fund Pershing Square Capital Management LP has built a roughly 1.1% stake in coffee giant Starbucks Corp.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Google Exposed User Data, Feared Repercussions of Disclosing to Public

Google exposed the private data of hundreds of thousands of users of the Google+ social network, though it didn’t find evidence of misuse. The company opted not to disclose the issue this past spring, in part because of fears doing so would draw regulatory scrutiny.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Retailers Rush to Fill Holiday Hole Left by Toys ‘R’ Us

After the collapse of Toys “R” Us, billions of dollars of holiday toy sales are up for grabs. Retailers are vying for a piece of the action.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Ford to Cut Jobs as It Reorganizes Salaried Workforce

Ford Motor has informed its global salaried workforce of a planned reorganization that will cut jobs, part of Chief Executive Jim Hackett’s broader plan to squeeze costs and improve efficiencies at the struggling auto maker.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Auto Makers Consider Shifting Manufacturing to North America

Foreign car makers are considering moving more manufacturing to North America from overseas plants after the trade deal.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Mark Cuban Prodded Tesla’s Musk to Settle SEC Charges

A 15-minute phone call from billionaire Mark Cuban helped break an impasse between Tesla CEO Elon Musk and federal securities regulators on charges that he misled investors in a tweet saying Tesla would go private at $ 420 a share.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Honda to Invest $2.75 Billion in GM’s Self-Driving Car Unit

Honda Motor is investing $ 750 million in General Motors’ self-driving car unit, with plans to commit an additional $ 2 billion in the coming years, in an effort to jointly develop a fully autonomous car for mass production.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Tesla Meets Model 3 Production Goal, Struggles With Deliveries

Tesla met its third-quarter production goal for its Model 3 sedan but struggled to deliver the cars to customers, underscoring the operational challenges ahead for CEO Elon Musk and his electric-car company.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

GE Ousts CEO Flannery After Missed Targets

General Electric ousted CEO John Flannery after about a year in the job, a surprise move as the conglomerate revealed that deeper problems in its troubled power unit would cause it to miss targets for the year.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Elon Musk to Step Aside as Tesla Chairman in SEC Deal

Elon Musk has reached a settlement with the SEC that allows him to stay on as Tesla CEO but requires that he step aside from the chairman role for three years. He has agreed to pay a $ 20 million fine.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Musk Views SEC Allegation as Flawed

Tesla CEO Elon Musk believes he had a verbal agreement in place with Saudi Arabia’s sovereign-wealth fund to help finance a plan to take the auto maker private, according to a person familiar with the matter.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Facebook Finds Security Flaw Affecting Almost 50 Million Accounts

Facebook discovered a security flaw affecting almost 50 million accounts, the company said Friday. A problem in its code allowed outsiders to take over users’ accounts.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Jeff Bezos’s Space Startup to Supply Engines for Boeing-Lockheed Rocket Venture

Blue Origin, the space-transportation company run by Jeff Bezos, has won a contract to provide engines for a potential rival’s next-generation rocket, further roiling a tumultuous industry and vaulting Mr. Bezos into the lucrative market for Pentagon satellite launches.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

21st Century Fox to Sell Sky Stake to Comcast

21st Century Fox said it would sell its 39% stake in Sky worth roughly $ 15 billion to Comcast Corp. after losing an auction for full control of the European pay-TV giant.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Qualcomm Accuses Apple of Funneling Secrets to Rival Intel

Qualcomm accused Apple of funneling proprietary information to rival chip maker Intel, broadening a long-running legal battle.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Sears CEO Pushes a Rescue Plan to Avoid Bankruptcy

CEO Edward Lampert wants creditors to restructure about $ 1.1 billion of debt due in 2019 and 2020.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Companies Buy Earnings Gains by Buying Back Stock

Companies’ record stock repurchases this year are causing profits to appear stronger and fueling the stock market’s record run.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Comcast Beats Out Fox to Acquire Sky

Comcast topped 21st Century Fox in a weekend auction for Sky, winning the British broadcaster with a $ 38.8 billion bid that ends a monthslong takeover battle and promises Comcast a greatly expanded international footprint.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

U.S. Probes Drugmakers Over Free Services

Federal prosecutors are probing whether big drugmakers including Sanofi, Gilead Sciences and Biogen potentially violated laws by providing free services to doctors and patients.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Comcast, Fox to Settle $35 Billion Takeover Battle for Sky in Auction

Comcast and 21st Century Fox will settle their takeover battle for Sky in a weekend auction run by British regulators, setting up a dramatic climax to a 21-month sale process that has pitted some of the world’s biggest media giants against each other.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

AutoNation’s Outspoken Chief Executive to Step Down Next Year

AutoNation CEO Mike Jackson, who stood out in the tight-lipped auto industry for his outspoken personality, will step down after leading the U.S.’s largest dealership chain for nearly two decades.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

DOJ Opened Probe of Tesla After Musk’s Going-Private Tweet

Tesla said it received a “voluntary request for documents” from the Justice Department, which came after CEO Elon Musk’s tweet about taking the electric-car maker private.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Time Magazine’s Financials Show the Benioffs Inherit a Publication Under Pressure

With their acquisition of Time magazine, Salesforce.com co-founder Marc Benioff and his wife Lynne will inherit a publication racing to find digital revenue to offset a steep erosion in the print business.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Amazon Investigates Employees Leaking Data for Bribes

Amazon.com is investigating internal leaks as it fights to root out fake reviews and other seller scams from its website.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Cord-Cutters Beware: Streaming TV Prices Are Marching Higher

Streaming services like DirecTV Now and Sling TV have added millions of customers by promising big savings over traditional cable and satellite-TV subscriptions. But prices are going up.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Leadership and Life Lessons from Amazon’s Jeff Bezos

Amazon.com CEO Jeff Bezos tries never to schedule a meeting before 10 a.m. and likes to make a small number of high-quality decisions daily.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

At Campbell Soup, Heirs Hold the Key as Activist Tries to Remake Board

Activist Daniel Loeb’s campaign to replace Campbell Soup’s board needs backing from descendants of the man who invented condensed soup. They hold at least 45% of the company’s stock.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

CBS ’60 Minutes’ Executive Producer Jeff Fager to Depart

Jeff Fager, the executive producer of “60 Minutes” and one of the most powerful figures in television news, is leaving CBS after he “violated company policy,” the company said.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Steel Workers Demand Higher Pay as Tariffs Lift Profits

Workers at two top U.S. steelmakers are demanding higher compensation as tariffs on foreign metal push prices and profits to their highest point in years.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Snap’s Strategy Chief Imran Khan to Leave Company

Snap Chief Strategy Officer Imran Khan is leaving, the latest senior member of CEO Evan Spiegel’s circle to exit as the social-media company faces challenges growing its number of users.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

The 5G Race: China and U.S. Battle to Control World’s Fastest Wireless Internet

A new wireless era promises to transform how people use the internet, and two countries are fighting over who dominate. At stake are billions of dollars in royalties, a head start in developing new technologies and national security.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

To Shatter the Glass Ceiling, Don’t Force It

Before California Gov. Jerry Brown signs legislation that would require public companies based in the state to put a certain number of female directors on their boards, he should consider how ineffective such quotas have been, writes columnist John Stoll.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Verizon’s Internet Boss Tim Armstrong in Talks to Leave

The leader of Verizon Communications’ media and advertising business is in talks to depart, leaving unfinished the task of building the unit into a digital content giant.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

CBS Directors Negotiating Exit of Chief Executive Moonves

The independent board members of CBS are negotiating the exit of CEO Leslie Moonves and asking for assurances of autonomy from controlling shareholder National Amusements.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Justice Department Nearing Antitrust Approval of Health Mergers

Antitrust enforcers are preparing to give the green light to two major deals in the health-care industry, CVS Health’s planned acquisition of health insurer Aetna and Cigna’s planned purchase of Express Scripts.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Amazon Hits $1 Trillion Valuation

Amazon followed Apple to become the second U.S. company to reach $ 1 trillion in market value, reflecting the online retailer’s striking transformation from a profitless bookseller into a disruptive force of commerce and society.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Chinese Billionaire Denies Wrongdoing in Sex Misconduct Arrest, His Lawyers Say

JD.com Chief Executive Liu Qiangdong denies any wrongdoing in connection with his arrest on suspicion of sexual misconduct in Minneapolis, and it’s likely no charges will be filed, his attorneys said.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

WPP Taps Company Veteran as CEO

The choice of Mark Read to succeed Martin Sorrell caps a monthslong search at the world’s largest advertising firm.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

The Art of the Trade Deal: Chinese Paintings and Antiquities Caught in U.S.-China Fight

Chinese antiquities and art have become ensnared in the brewing trade dispute between the world’s two largest economies, rattling dealers, collectors and curators in the specialized art market.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Coke Takes On Starbucks With $5.1 Billion Coffee Deal

Coca-Cola said it would buy British coffee-shop chain Costa for $ 5.1 billion, diversifying further from its soft-drink roots and marking the latest bet by a major consumer-goods company on coffee.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Campbell Soup to Sell Global Business and Fresh Unit

Campbell Soup plans to sell its international and refrigerated-foods businesses, abandoning efforts to expand into fresh food and leaving the door open to a full sale.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

California Moves to Mandate Female Board Directors

California legislators passed a bill that requires major companies based in the state to put female directors on their boards.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Global Car Sales Hit Speed Bump

After nearly a decade of growth, new-vehicle sales in the world’s largest auto markets are entering their first sustained slowdown since the financial crisis amid trade frictions.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Toyota Investing $500 Million in Uber in Driverless-Car Pact

Toyota is set to invest about $ 500 million in Uber as part of an agreement by the two companies to work jointly on driverless-vehicle development.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Beyond Soda: How and Why Your Beverage Options Are Exploding

A proliferation of beverages that don’t fit within traditional drink categories is causing problems for retailers, confusion for shoppers and a challenge for manufacturers that are trying to keep pace with changing consumer tastes.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

America Has Fallen Out of Love With the Sedan

Long a symbol of the American open road, the classic sedan is fading in the rearview mirror as millions of drivers migrate to sport-utility vehicles, prompting auto makers to rework their lineups. One cause is the shifting relationship between people and their automobiles.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Defense Companies Run Space Race

Defense and aerospace companies are accelerating plans to develop new types of missiles and satellites in an effort to capitalize on President Trump’s proposed military branch devoted to space warfare.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Alibaba Sales Jump 61%, Fueled by Online Spending

Chinese e-commerce titan Alibaba reported a 61% increase in sales, as Chinese consumers continued to spend on the internet despite slowing economic growth.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Target’s Sales Growth Highest in More Than a Decade

Target said same-store sales rose at the fastest rate in more than a decade, buoyed by efforts to improve locations and e-commerce capabilities as well as a booming economy.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Some Tesla Suppliers Fret About Getting Paid

Tesla’s tumultuous year has fueled concern among some of its suppliers about the auto maker’s financial strength after production of the Model 3 car drained some of its cash.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Canada’s Auto Capital Caught in Crossfire of Trade Dispute

In Windsor, Ontario, angst is rising that the border town’s ties to the U.S. auto industry, already strained by steel tariffs, could soon be ruptured by President Trump’s threatened tariffs on Canadian-made cars.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

What Your Car Knows About You

Auto makers can now collect large amounts of data from internet-connected vehicles, from location to driving habits.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Trump Asks SEC to Study Six-Month Earnings Reporting

President Trump asked the SEC to consider scaling back how often public companies report results, a change some executives support as promoting longer-term planning, but that some investors charge could reduce transparency.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)

Tencent’s Rout This Year Has Wiped Out Over $175 Billion in Market Value

Tencent’s selloff has sparked fears of a broader contagion for tech stocks around the world.
WSJ.com: US Business

SHOPPING DISCOUNT UPDATES:

Buy.com (dba Rakuten.com Shopping)