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Uber Likely to Reach a Deal With SoftBank in One Week

Uber Likely to Reach a Deal With SoftBank in One Week

Uber is likely to reach a resolution within a week in talks with SoftBank over pricing for a complicated investment deal that could give the Japanese company a sizable stake, an Uber board member said.

Published 8 months ago

John McCain Rebuts ‘Half-Baked, Spurious Nationalism’

John McCain Rebuts ‘Half-Baked, Spurious Nationalism’

Sen. John McCain took aim at nationalist, isolationist rhetoric that has swept through the Republican party and secured a toehold in the White House, in remarks Monday night accepting an award honoring his fight for liberty around the world.

Published 8 months ago

U.S.-Backed Forces Say They Have Captured De Facto Islamic State Capital

U.S.-Backed Forces Say They Have Captured De Facto Islamic State Capital

U.S.-backed forces said they have captured Islamic State’s de facto capital of Raqqa, Syria, wrenching away the terror group’s last major urban stronghold in the Middle East.

Published 8 months ago

Goldman Posts Surprise Rise in Earnings

Goldman Posts Surprise Rise in Earnings

Goldman Sachs said its third-quarter profit rose 2%, beating analyst expectations despite a slowdown in its core business of trading.

Published 8 months ago

Morgan Stanley’s Earnings Rise on Strength in Wealth Management

Morgan Stanley’s Earnings Rise on Strength in Wealth Management

Morgan Stanley said its third-quarter profit rose 12% to $1.78 billion as its giant wealth-management business continued to churn out reliable profits even as trading revenue declined.

Published 8 months ago

Investor Behind Weinstein Studio Bid, Is a Friend to Many in Hollywood

Investor Behind Weinstein Studio Bid, Is a Friend to Many in Hollywood

Thomas J. Barrack Jr., the wealthy private-equity investor who is in negotiations to buy the Weinstein Co., has spent most of his career trading real estate. But bailing out troubled celebrities has long been a favorite hobby.

Published 8 months ago

Xi Jinping’s Power Plays Set the Stage for a Long Encore

Xi Jinping’s Power Plays Set the Stage for a Long Encore

China’s president is likely to emerge from a Communist Party congress that starts Wednesday with all of the allies and authority he needs to monopolize decision making for the next five years. But will he step down in 2022?

Published 8 months ago

Welcome to High School. Now Go to College.

Welcome to High School. Now Go to College.

Dual-enrollment programs, in which high school students take college classes, are gaining steam despite little research into long-term impact.

Published 8 months ago

An Old Fracking Hot Spot Makes a Comeback

An Old Fracking Hot Spot Makes a Comeback

A giant natural-gas field in Louisiana that was one of the early centers of American shale drilling is roaring back to life, boosted by a building boom of petrochemical plants, fertilizer factories and gas-export terminals along the Gulf Coast.

Published 8 months ago

After Its ‘Lost Decade,’ Ireland Eyes Banking Opportunities Created by Brexit

After Its ‘Lost Decade,’ Ireland Eyes Banking Opportunities Created by Brexit

A decade after Ireland’s banking collapse, a boost in financial services could ease blow a to manufacturing and agriculture jobs if exports to the U.K. fall.

Published 8 months ago

Justice Department Gets Involved in Kobe Steel Metal Scandal

Justice Department Gets Involved in Kobe Steel Metal Scandal

Kobe Steel said it received a request from the Justice Department to hand over information related to substandard products sold to customers in the U.S., raising the specter of legal action.

Published 8 months ago

GM to Test Fleet of Self-Driving Cars in New York

GM to Test Fleet of Self-Driving Cars in New York

GM plans to become the first company to test self-driving cars in New York City, a a move aimed at asserting leadership in the race to develop autonomous cars and a potentially important step toward commercializing the technology.

Published 8 months ago

5 Things to Watch in Goldman Sachs’s Results

5 Things to Watch in Goldman Sachs’s Results

Goldman Sachs is expected to report third-quarter results Tuesday morning before the U.S. stock market opens. Here’s what to look for:

Published 8 months ago

WSJ D.Live Conference 2017

WSJ D.Live Conference 2017

WSJ D.Live Conference 2017

Published 8 months ago

U.S. Seeks to Stay Neutral in Iraq Conflict

U.S. Seeks to Stay Neutral in Iraq Conflict

The U.S. sought to stay on the sidelines as an all-out battle broke out between two of its closest ground partners in the campaign against Islamic State and raised concerns about a broader civil conflict erupting in Iraq.

Published 8 months ago