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Verizon to Break Up Wireless Unit in Reorganization

Verizon to Break Up Wireless Unit in Reorganization

Verizon Communications’s new chief executive is restructuring the carrier’s business lines, including its massive wireless business, in one of the first major organizational changes under his leadership.

Published 1 month ago

Once a ‘Dog,’ Refining Becomes Driver of Oil Profits

Once a ‘Dog,’ Refining Becomes Driver of Oil Profits

Oil producers in Canada and West Texas are finding it difficult to move their supplies amid low prices and overwhelmed pipelines, and energy companies’ refining units are taking advantage.

Published 1 month ago

Dollar Tree’s $9 Billion Problem: Family Dollar Isn’t Paying Off

Dollar Tree’s $9 Billion Problem: Family Dollar Isn’t Paying Off

The purchase of Family Dollar isn’t paying off for Dollar Tree more than three years after the deal, as sales growth falters at the acquired chain. Dollar Tree’s CEO says the problems are fixable.

Published 1 month ago

Amazon in Late-Stage Talks With Cities Including Crystal City, Va., Dallas, New York City for HQ2

Amazon in Late-Stage Talks With Cities Including Crystal City, Va., Dallas, New York City for HQ2

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.

Published 1 month ago

Apple’s New iPad Pro: Great Tablet, Still Can’t Replace Your Laptop

Apple’s New iPad Pro: Great Tablet, Still Can’t Replace Your Laptop

More power, more features and a real USB port make Apple’s iPad Pro the best tablet yet. But it still falls short on some basic computing needs.

Published 1 month ago

New Funds Take Pay Cut If They Can’t Beat the Market

New Funds Take Pay Cut If They Can’t Beat the Market

Stock-picking firms are stepping up their fight against cheap exchange-traded and index funds with new offerings that dial back fees if they can’t beat the market.

Published 1 month ago

Key Races in Tuesday’s Midterm Elections

Key Races in Tuesday’s Midterm Elections

A string of East Coast races could be early indicators on which party will win the battle for control of the U.S. House, while the fight for the U.S. Senate runs through a slate of tossup states in later time zones. Here’s your guide to watching the results roll in on Election Day.

Published 1 month ago

Once a ‘Dog,’ Refining Becomes Driver of Oil Profits

Once a ‘Dog,’ Refining Becomes Driver of Oil Profits

Oil producers in Canada and West Texas are finding it difficult to move their supplies amid low prices and overwhelmed pipelines, and energy companies’ refining units are taking advantage.

Published 1 month ago

Amazon in Late-Stage Talks With Cities Including Crystal City, Va., Dallas, New York City for HQ2

Amazon in Late-Stage Talks With Cities Including Crystal City, Va., Dallas, New York City for HQ2

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.

Published 1 month ago

Iranian President Promises to ‘Break’ New U.S. Sanctions

Iranian President Promises to ‘Break’ New U.S. Sanctions

Iranian President Hassan Rouhani vowed that his country would resist tough new U.S. sanctions on Iran’s oil and banks, as Tehran braced for a new era of political and economic isolation.

Published 1 month ago

Signs of Profit Peak Put Global Stocks at a Crossroads

Signs of Profit Peak Put Global Stocks at a Crossroads

The postcrisis boom in U.S. corporate profits may be near its peak, investors and executives say, a potential threat to a nine-year rally that has taken the Dow Jones Industrial Average up more than threefold.

Published 1 month ago

How to Tell a Bear Market Is About to Hit

How to Tell a Bear Market Is About to Hit

Here are some clues investors are using to see if the long bull run is nearing an end.

Published 1 month ago

U.S. Faces Newly Muscular Taliban in Peace-Talk Efforts

U.S. Faces Newly Muscular Taliban in Peace-Talk Efforts

As it pushes to jump-start an Afghan peace process, the U.S. faces a Taliban that is stronger than any time since an American-led military coalition deposed it 17 years ago.

Published 1 month ago

How Angela Merkel Foiled a Backroom Coup in One Late Display of Clout

How Angela Merkel Foiled a Backroom Coup in One Late Display of Clout

By taking herself out of the running to lead Germany’s ruling party, the chancellor dragged its succession process into the light for the first time in decades and cued up a rare public race for her crown. “Merkel stood up and dropped the bomb.”

Published 1 month ago

SoftBank reaffirms investment ties with Saudi Arabia

SoftBank reaffirms investment ties with Saudi Arabia

Quarterly net profit up fivefold to $4.6bn as Vision Fund returns start to feed through

Published 1 second ago