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As Economy Gains Strength, Companies Sell (and Spend) More

As Economy Gains Strength, Companies Sell (and Spend) More

Profits are healthy at large U.S. companies, but earnings growth was pinched in the third quarter by higher materials and labor costs, as well as the impact of three major hurricanes on insurers.

Published 2 months ago

Papadopoulos Documents Raise Questions About Assertions From Trump Administration

Papadopoulos Documents Raise Questions About Assertions From Trump Administration

Former Trump aide George Papadopoulos’s Russia interactions—and new details of his effort to keep other campaign officials informed of them—are calling into question previous assertions by members of the administration.

Published 2 months ago

Terror Suspect Is a ‘Mother’s Boy’ Who Wanted to Come Home

Terror Suspect Is a ‘Mother’s Boy’ Who Wanted to Come Home

Saipov’s family said he studied accounting in Uzbekistan before winning a U.S. green card. Job setbacks, isolation and fits of rage marked a downward spiral. ‘I will beat you up right now.’

Published 2 months ago

In GOP Tax Bill, How You Get Rich Matters

In GOP Tax Bill, How You Get Rich Matters

The House Republican tax bill intensified a debate about whether the GOP is setting up a big giveaway to the rich, but there is a broader policy shift in the proposal: What matters isn’t just how rich you are, but how you are rich.

Published 2 months ago

U.S. Climate Report Says Human Activity Will Determine Pace of Climate Change

U.S. Climate Report Says Human Activity Will Determine Pace of Climate Change

A new U.S. government report drew a direct line between human activity and the quickening pace of climate change, saying the future emissions of greenhouse gasses will determine how warm the earth will get and how quickly sea levels will rise.

Published 2 months ago

Anthem CEO Joseph Swedish to Step Down

Anthem CEO Joseph Swedish to Step Down

Anthem Inc. Chief Executive Joseph Swedish will step down from the helm of the health insurer, and the company is set to name a managed-care veteran, Gail Boudreaux, to succeed him.

Published 2 months ago

Marvell Technology Group in Advanced Talks to Combine With Cavium

Marvell Technology Group in Advanced Talks to Combine With Cavium

Marvell Technology Group is in advanced talks to combine with Cavium Inc., according to people familiar with the matter, a deal that would create a chip maker worth some $14 billion.

Published 2 months ago

Trump Twitter Account Deletion Spurs New Twitter Safeguards

Trump Twitter Account Deletion Spurs New Twitter Safeguards

Twitter Inc. said Friday that it has added safeguards to prevent a security lapse that allowed a worker to dismantle President Donald Trump’s account for 11 minutes.

Published 2 months ago

Analysis: Booming Labor Market Could Pose Challenge for Powell and the Fed

Analysis: Booming Labor Market Could Pose Challenge for Powell and the Fed

The hardest job in central banking is to take the punch bowl away from the party just when people are starting to have fun. Jerome Powell could soon have to assume the role of sober killjoy as he is confronted with an economy and markets that are heating up.

Published 2 months ago

Broadcom Plans Unsolicited Bid for Qualcomm

Broadcom Plans Unsolicited Bid for Qualcomm

Broadcom is planning an unsolicited takeover approach to rival chip maker Qualcomm, according to a person familiar with the matter. Such a deal would be enormous, given Qualcomm’s current market value of nearly $90 billion.

Published 2 months ago

Trump Calls for FBI Investigation of Democrats

Trump Calls for FBI Investigation of Democrats

The president called on his Justice Department to investigate Democrats’ conduct during the 2016 presidential election.

Published 2 months ago

George Papadopoulos’s European Trek to Trump Campaign

George Papadopoulos’s European Trek to Trump Campaign

Before George Papadopoulos pleaded guilty to lying to federal agents about contacts with Russians in 2016, he played a starring role in Europe as a foreign-policy surrogate for then-presidential candidate Donald Trump.

Published 2 months ago

Venezuelan Bond Prices Slide as Nicolás Maduro Seeks to Restructure Debt

Venezuelan Bond Prices Slide as Nicolás Maduro Seeks to Restructure Debt

Venezuelan bonds tumbled after President Nicolás Maduro said the cash-strapped nation would seek to restructure its debt, confounding bondholders and analysts who say there is no clear way forward because of U.S. sanctions.

Published 2 months ago

iPhone X Review: Yes, There Are Reasons to Pay Apple $1,000

iPhone X Review: Yes, There Are Reasons to Pay Apple $1,000

Apple’s iPhone X breaks the $1,000 price barrier but gives you plenty of reasons to want it anyway.

Published 2 months ago

Bowe Bergdahl Gets Dishonorable Discharge, Avoids Jail Time

Bowe Bergdahl Gets Dishonorable Discharge, Avoids Jail Time

A military judge has found that U.S. Army Sgt. Bowe Bergdahl should serve no prison time for endangering his comrades by walking off his Afghanistan post.

Published 2 months ago