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Top U.S. Diplomat Backed Continuing Support for Saudi War in Yemen Over Objections of Staff

Top U.S. Diplomat Backed Continuing Support for Saudi War in Yemen Over Objections of Staff

Secretary of State Mike Pompeo backed continued U.S. military support for Saudi Arabia’s war in Yemen over the objections of staff members after being warned that a cutoff could jeopardize $2 billion in weapons sales to America’s Gulf allies.

Published 2 months ago

The Prime Effect: How Amazon’s 2-Day Shipping Is Disrupting Retail

The Prime Effect: How Amazon’s 2-Day Shipping Is Disrupting Retail

The quest to offer free two-day delivery has forced retailers like Walmart and Target to spend billions on distribution infrastructure. It’s also forced smaller retailers to hand off selling, warehousing and shipping to a growing roster of startups and giants like FedEx and UPS—not to mention Amazon itself.

Published 2 months ago

Tech Redefined: S&P 500 Companies Worth $2.7 Trillion Change Sectors Friday

Tech Redefined: S&P 500 Companies Worth $2.7 Trillion Change Sectors Friday

Facebook, Twitter and Google are exiting the tech sector of the S&P 500, a shift that promises to make Friday a busy trading day as 23 companies valued at a combined $2.7 trillion are reclassified.

Published 2 months ago

Senators in Standoff Over Handling of Kavanaugh Sexual-Assault Allegations

Senators in Standoff Over Handling of Kavanaugh Sexual-Assault Allegations

Democrats and Republicans remained locked in a fight Thursday over how to investigate Christine Blasey Ford’s sexual-assault allegations against Supreme Court nominee Brett Kavanaugh.

Published 2 months ago

Comcast, Fox to Settle $35 Billion Takeover Battle for Sky in Weekend Auction

Comcast, Fox to Settle $35 Billion Takeover Battle for Sky in Weekend Auction

Comcast and 21st Century Fox will settle their takeover battle for Sky in a weekend auction run by British regulators, setting up a dramatic climax to a 21-month sale process that has pitted some of the world’s biggest media giants against each other.

Published 2 months ago

Growing Opposition Threatens Completion of Last U.S. Nuclear Plant

Growing Opposition Threatens Completion of Last U.S. Nuclear Plant

The sole remaining nuclear power plant under construction in the U.S. is facing mounting opposition from cities and lawmakers concerned about its rising costs.

Published 2 months ago

New Fund Firm Cuts Pay If Managers Don’t Beat the Market

New Fund Firm Cuts Pay If Managers Don’t Beat the Market

Former AllianceBernstein CEO Peter Kraus has launched a new fund firm that aims to better compete against index portfolios by basing a big chunk of employees’ pay on investment performance.

Published 2 months ago

Oil Giants Use Size to Overcome Fracking Challenges

Oil Giants Use Size to Overcome Fracking Challenges

Shale drilling, once the province of small, scrappy operators, faces challenges including pipeline bottlenecks and rising costs. Now oil giants are using their size to tackle those problems.

Published 2 months ago

S&P 500, Dow Rise to Record Highs as Investors Set Aside Trade Fears

S&P 500, Dow Rise to Record Highs as Investors Set Aside Trade Fears

The U.S. stock benchmarks opened at a record high Thursday as investors continued to parse the latest signals on international trade amid hopes the U.S. and China will avert a full-blown trade war.

Published 2 months ago

Senators in Standoff Over Handling of Kavanaugh Sexual-Assault Allegations

Senators in Standoff Over Handling of Kavanaugh Sexual-Assault Allegations

Democrats and Republicans remained locked in a fight Thursday over how to investigate Christine Blasey Ford’s sexual-assault allegations against Supreme Court nominee Brett Kavanaugh.

Published 2 months ago

Comcast, Fox to Settle $35 Billion Takeover Battle for Sky in Weekend Auction

Comcast, Fox to Settle $35 Billion Takeover Battle for Sky in Weekend Auction

Comcast and 21st Century Fox will settle their takeover battle for Sky in a weekend auction run by British regulators, setting up a dramatic climax to a 21-month sale process that has pitted some of the world’s biggest media giants against each other.

Published 2 months ago

Oil Giants Use Size to Overcome Fracking Challenges

Oil Giants Use Size to Overcome Fracking Challenges

Shale drilling, once the province of small, scrappy operators, faces challenges including pipeline bottlenecks and rising costs. Now oil giants are using their size to tackle those problems.

Published 2 months ago

Growing Opposition Threatens Completion of Last U.S. Nuclear Plant

Growing Opposition Threatens Completion of Last U.S. Nuclear Plant

The sole remaining nuclear power plant under construction in the U.S. is facing mounting opposition from cities and lawmakers concerned about its rising costs.

Published 2 months ago

The Prime Effect: How Amazon’s 2-Day Shipping Is Disrupting Retail

The Prime Effect: How Amazon’s 2-Day Shipping Is Disrupting Retail

The quest to offer free two-day delivery has forced retailers like Walmart and Target to spend billions on distribution infrastructure. It’s also forced smaller retailers to hand off selling, warehousing and shipping to a growing roster of startups and giants like FedEx and UPS—not to mention Amazon itself.

Published 2 months ago

Artificial Intelligence: The Robots Are Now Hiring

Artificial Intelligence: The Robots Are Now Hiring

More and more companies are using artificial intelligence and machine learning tools to assess possible employees. But are these practices fair? WSJ’s Jason Bellini investigates, in this new episode of Moving Upstream.

Published 2 months ago