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Procter & Gamble Reports Slightly Higher Sales, Drop in Prices

Procter & Gamble Reports Slightly Higher Sales, Drop in Prices

Strong sales in the beauty segment in Procter & Gamble’s fourth quarter helped offset lower sales in grooming products where price cuts didn’t improve performance.

Published 2 months ago

Alleged Kickback Scheme at NYSE Revives Old Questions

Alleged Kickback Scheme at NYSE Revives Old Questions

An alleged kickback scheme at the New York Stock Exchange has revived old questions about whether the Big Board’s floor traders are lining their pockets at investors’ expense.

Published 2 months ago

Young People Don’t Want Construction Jobs. That’s a Problem for the Housing Market.

Young People Don’t Want Construction Jobs. That’s a Problem for the Housing Market.

The share of young construction workers declined nearly 30% from 2005 through 2016, contributing to a labor shortage that has meant fewer homes being built and rising prices.

Published 2 months ago

Iranian Officials Rebuff Trump Meeting Offer

Iranian Officials Rebuff Trump Meeting Offer

Domestic pressure on Iranian President Hassan Rouhani to take a more hard-line stance toward the U.S. after Washington’s withdrawal from the nuclear deal gives him little leeway to accept President Trump’s offer to meet.

Published 2 months ago

Japan Inc. Is Decluttering—and Foreign Investors Love the Look

Japan Inc. Is Decluttering—and Foreign Investors Love the Look

Growing pressure to improve returns and corporate governance is straining the decades-old ownership ties that bind many public companies together, creating openings for foreign investors.

Published 2 months ago

Zelle Struggles to Prove It’s Not Just Another Payments App

Zelle Struggles to Prove It’s Not Just Another Payments App

Zelle says it “changes the way money moves.” But the money-transfer service has struggled to distinguish itself from the rivals it’s trying to fend off.

Published 2 months ago

Chinese Economy Starts to Feel Tariff Impact

Chinese Economy Starts to Feel Tariff Impact

China’s leadership pledged to ensure economic stability as its trade fight with the U.S. started to pinch growth, signaling that a bigger stimulus could be on the horizon

Published 2 months ago

Donald Trump Willing to Meet Iranian President Hassan Rouhani ‘Anytime They Want’

Donald Trump Willing to Meet Iranian President Hassan Rouhani ‘Anytime They Want’

President Trump said he would be willing to meet with his Iranian counterpart without first demanding diplomatic concessions, the latest public overture involving nations he once condemned.

Published 2 months ago

Alleged NYSE Kickback Scheme Revives Old Questions

Alleged NYSE Kickback Scheme Revives Old Questions

An alleged kickback scheme at the New York Stock Exchange has revived old questions about whether the Big Board’s floor traders are lining their pockets at the expense of investors.

Published 2 months ago

Young People Don’t Want Construction Jobs. That’s a Problem for the Housing Market.

Young People Don’t Want Construction Jobs. That’s a Problem for the Housing Market.

The share of young construction workers declined nearly 30% from 2005 through 2016, contributing to a labor shortage that has meant fewer homes being built and rising prices—possibly for years to come.

Published 2 months ago

4,925 Tweets: Elon Musk's Twitter Habit, Dissected

4,925 Tweets: Elon Musk's Twitter Habit, Dissected

He shares life views, rebuts critics, teases business ideas—and causes controversy

Published 2 months ago