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Why the Dow Jones Industrial Average Is Crushing the S&P 500 in October

Why the Dow Jones Industrial Average Is Crushing the S&P 500 in October

The Dow Jones Industrial Average raced past its rival indexes in October, as a pickup in economic growth around the world boosted shares of blue-chip firms that sell everything from bulldozers to airplanes.

Published 2 months ago

Deadly Blast in Afghan Capital Kills Three, Injures 13

Deadly Blast in Afghan Capital Kills Three, Injures 13

An explosion rocked the heavily fortified diplomatic quarter in the Afghan capital Kabul, killing at least three people and wounding another 13.

Published 2 months ago

Kindle Oasis Review: Amazon’s Top E-Reader Goes Waterproof

Kindle Oasis Review: Amazon’s Top E-Reader Goes Waterproof

Amazon’s newest Kindle Oasis comes the closest to addressing the biggest concerns of old-school book readers—and adds perks that digital converts appreciate.

Published 2 months ago

Tesla Faces Labor Discord as It Ramps Up Model 3 Production

Tesla Faces Labor Discord as It Ramps Up Model 3 Production

As Tesla cranks up production on the Model 3 sedan, it is having to wrestle with mounting signs of labor unrest—rooted in the Model X’s introduction—that could disturb the Silicon Valley company’s effort to build its first electric car for the masses.

Published 2 months ago

Burberry’s Creative Head Christopher Bailey to Leave Fashion House

Burberry’s Creative Head Christopher Bailey to Leave Fashion House

Burberry creative head and former Chief Executive Christopher Bailey is leaving the British fashion house, after a tumultuous few years that forced him to relinquish the CEO role last year.

Published 2 months ago

Two Months After Harvey, Houston Continues to Count the Cost

Two Months After Harvey, Houston Continues to Count the Cost

The Houston area has cleared enough post-flood debris from its neighborhoods to fill 700 Olympic-size pools. But two months after Hurricane Harvey swept across Texas, tens of thousands of people are still living in temporary housing and some schools remain closed.

Published 2 months ago

China’s Dangerous Return to One-Man Reign

China’s Dangerous Return to One-Man Reign

By abandoning Deng Xiaoping’s formula for collective leadership, Xi Jinping has pitched Chinese elite politics into the unknown, reviving the specter of old-style power struggles.

Published 2 months ago

BP to Restart Share Buybacks as Third-Quarter Production Rises

BP to Restart Share Buybacks as Third-Quarter Production Rises

BP reported a healthy set of third-quarter profits and plans to restart its share-buyback program, signaling the company is increasingly comfortable with low oil prices as it ramps up its growth ambitions.

Published 2 months ago

Samsung Electronics Shakes Up Leadership Lineup

Samsung Electronics Shakes Up Leadership Lineup

Samsung said it would replace its division heads and separate the role of CEO and board chairman for the first time.

Published 2 months ago

Mueller’s Moves Signal Broad Scope

Mueller’s Moves Signal Broad Scope

With Monday’s unsealing of a 12-count indictment and a guilty plea, Special Counsel Robert Mueller signaled his probe into alleged Russian interference in the 2016 presidential election has taken him far beyond the campaign, former prosecutors and legal experts said.

Published 2 months ago

Tony Podesta to Leave His D.C. Lobbying Firm

Tony Podesta to Leave His D.C. Lobbying Firm

The Democratic lobbyist is leaving the Washington firm he founded as the Podesta Group finds itself caught up in an investigation by special counsel Robert Mueller, according to people familiar with the move.

Published 2 months ago

Apple Is Designing iPhones, iPads That Would Drop Qualcomm Components

Apple Is Designing iPhones, iPads That Would Drop Qualcomm Components

Apple, locked in an intensifying legal fight with Qualcomm, is designing iPhones and iPads for next year that would jettison the chipmaker’s components.

Published 2 months ago

Q&A: Legal Experts Weigh In on Mueller Probe

Q&A: Legal Experts Weigh In on Mueller Probe

The months-long investigation by special counsel Robert Mueller into Russian interference in the 2016 election tore into the open Monday, as an unsealed indictment and plea agreement answered a few questions about the special counsel’s investigation while raising many more.

Published 2 months ago

Facebook Estimates 126 Million People Saw Russian-Backed Content

Facebook Estimates 126 Million People Saw Russian-Backed Content

Facebook Inc. estimates that about 126 million people may have seen content posted by Russian-backed accounts over more than two years that sought to disrupt American society, the social-media giant plans to tell congressional investigators Tuesday, according to a prepared copy of the remarks obtained by The Wall Street Journal.

Published 2 months ago

The Trump Deregulatory Juggernaut Is Rolling

The Trump Deregulatory Juggernaut Is Rolling

Why does the business community like the Trump administration? Tax reform hasn’t happened, the president has threatened trade wars and the promised infrastructure spending has yet to materialize. The answer lies in the rollback of regulations.

Published 2 months ago