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U.S. Weighs Restricting Trades in Venezuelan Debt to Punish Maduro

U.S. Weighs Restricting Trades in Venezuelan Debt to Punish Maduro

The U.S. is considering restricting trades in Venezuelan debt as it seeks to punish President Nicolas Maduro for undermining the country’s democracy, according to people familiar with the matter.

Published 4 months ago

U.S. Readies New Steps to Pressure Pakistan

U.S. Readies New Steps to Pressure Pakistan

The Trump administration outlined new measures it is prepared to take to raise pressure on Pakistan to stop harboring extremist groups, including possible sanctions on government officials and cuts in aid.

Published 4 months ago

U.S. Navy to Relieve Admiral of Command After Collisions

U.S. Navy to Relieve Admiral of Command After Collisions

The U.S. Navy plans to remove the commander of the fleet that has suffered four recent collisions and the deaths of several sailors in Asia, U.S. officials said Tuesday.

Published 4 months ago

The GM Behind the Biggest Trade of the NBA Season

The GM Behind the Biggest Trade of the NBA Season

Koby Altman became the unlikely general manager of the Cleveland Cavaliers last month. His first big move: trading Kyrie Irving.

Published 4 months ago

Trump to Address Backers for First Time Since Charlottesville

Trump to Address Backers for First Time Since Charlottesville

President Donald Trump seeks to talk directly to supporters after uproar over his comments following the violence

Published 4 months ago

Mutual Funds Mark Down Uber Investments by Up to 15%

Mutual Funds Mark Down Uber Investments by Up to 15%

Four mutual-fund companies have marked down their investments in Uber Technologies Inc. by as much as 15%, the first such price cuts that suggest these investors are souring on the ride-hailing giant following a scandal-ridden year.

Published 4 months ago

Think Rates Are Going Up? Banks Don’t

Think Rates Are Going Up? Banks Don’t

After years of waiting for interest rates to rise, some banks have started to lend as if they never will, loading up on a record amount of loans and securities that carry low rates for years.

Published 4 months ago

U.S. Bid to Exit Nafta Arbitration Panels Draws Ire From Businesses

U.S. Bid to Exit Nafta Arbitration Panels Draws Ire From Businesses

U.S. trade officials are putting together a proposal to let the U.S. withdraw from a corporate arbitration system at the heart of the North American Free Trade Agreement, upsetting big American companies that say the system protects their investments overseas.

Published 4 months ago

Blackstone Considers Initial Public Offering of Gates Corp.

Blackstone Considers Initial Public Offering of Gates Corp.

Blackstone Group is considering an initial public offering of Gates Corp. that could value the auto-parts maker at as much as $9 billion.

Published 4 months ago

Just Say No to Push Notifications

Just Say No to Push Notifications

App makers are out to capture our attention with reminders and alerts on our phones’ lock screens. Do we really need a reminder to post to Facebook? Joanna Stern proposes a notification bill of rights.

Published 4 months ago

Chevron CEO John Watson to Step Down

Chevron CEO John Watson to Step Down

Chevron CEO John Watson is planning to step down as the energy giant seeks new leadership for a changing oil world, according to people familiar with the matter.

Published 4 months ago

U.S. Shift Boosts Afghans, Risks Pushing Pakistan Toward China

U.S. Shift Boosts Afghans, Risks Pushing Pakistan Toward China

The Trump administration’s tougher approach to Pakistan bolstered Afghan officials fighting the Taliban, but officials and analysts in Islamabad warned that Washington’s new stance encourages it to deepen ties with China and risks fueling the 16-year war in Afghanistan.

Published 4 months ago

Miners Are Flush With Cash Again

Miners Are Flush With Cash Again

Fueled by a sharp rise in commodities prices, companies like BHP Billiton, Glencore and Rio Tinto are flush with cash again, boosting dividends, cutting debt and shelling out cash for expansions.

Published 4 months ago

Railroaded: Epic CSX Traffic Jam Snarls Deliveries, From Coal to Fries

Railroaded: Epic CSX Traffic Jam Snarls Deliveries, From Coal to Fries

Changes pushed by the new CEO of huge eastern railroad CSX have caused a summer of woe in supply chains at farms, mines and manufacturers. The company says the short-term snarls will abate as its new system takes effect.

Published 4 months ago

U.S. Treasury Sanctions Chinese, Russian Firms for Aiding North Korea

U.S. Treasury Sanctions Chinese, Russian Firms for Aiding North Korea

The U.S. Treasury named 10 Chinese and Russian firms and six related individuals to its North Korea sanctions list for allegedly aiding Pyongyang’s weapons program.

Published 4 months ago