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Futures News - WSJ.com: US Business
From today, November 17, 2018
- PG&E Shares Surge on Hopes of State Support
Shares of PG&E opened sharply higher on investor hopes that California officials would move to rescue the utility from wildfire-related liabilities that threaten to plunge it into bankruptcy.
- Pfizer to Raise Prices on 41 Drugs
Pfizer plans to resume its practice of raising drug prices early next year after bowing to pressure from President Trump over the summer when the company rolled back some increases.
- Nvidia Grapples With Cryptocurrency Miners' Exit
The previous stockpiling habits of cryptocurrency miners have left Nvidia to battle with excess graphics-card inventory.
- Companies Start to Sweat Prospect of No-Deal Brexit as Deadline Looms
With Prime Minister Theresa May?s government in turmoil over the terms of a Brexit pact, the prospect of ?no deal? is getting real?spooking firms big and small, including some far from Britain?s shores.
- Food Regulators to Share Oversight of Cell-Based Meat
U.S. food regulators agreed on a framework for regulating meat grown from animal cells, moving the emerging technology closer to consumers? dinner plates.
- U.S. Household Debt Continues to Climb in 3rd Quarter
Household indebtedness continued to climb in the third quarter, with balances continuing to rise for almost all types of borrowing, the Federal Reserve Bank of New York reported.
- U.S. Industrial Production Rises
U.S. industrial output ticked up in October, as increased factory production offset declines in mining and utilities output.
- 'I Was Hoping to Be Retired': The Cost of Supporting Parents and Adult Children
More Americans find themselves housing two generations simultaneously, just when they thought they could kick back and retire. Instead, they face the strain of added expenses, constant caregiving and derailed dreams.
- Trump Forged His Ideas on Trade in the 1980s---and Never Deviated
The president has been consistent on trade for decades, unlike on other issues, both in tone and substance. Longtime acquaintances say his philosophy came out of his experience in the cutthroat world of New York real estate and the rise of Japan as a global economic power.
- Grassley to Lead Senate Finance Panel
Sen. Chuck Grassley is expected to lead the Finance Committee next year, giving the veteran Iowa Republican more sway over tax, trade and health policy.
- Actual Silicon Valley Startup Gets Inspiration From HBO's 'Silicon Valley' Startup
Richard Hendricks?s Pied Piper, which is realistic but fictional, has inspired a real company, WaveOne, to perfect the technology from the show; ?a linear combination of their personalities?
- Michelle Obama's Memoir Sells Well
Michelle Obama?s memoir ?Becoming? got off to a hot start, selling more than 725,000 units on the day it was released, spurring its publisher to quickly order up more copies.
- Inventory Reduction Push at J.C. Penney Thins Margins
The struggling retail chain has been liquidating merchandise as it winnows its product assortment to focus on the most profitable brands and categories. Although Penney is making progress on that goal, efforts to clear the sales floor have also thinned margins.
- FDA Seeks Ban on Menthol Cigarettes
The FDA said it would seek a ban on menthol cigarettes. The tobacco industry says it may fight such a measure.
- Economists Split on Whether Midterms Outcome Will Increase or Decrease Uncertainty
Economists surveyed by The Wall Street Journal were roughly split on whether the outcome of the recent midterm elections would dispel or increase uncertainty for the economy and financial markets in the coming months.
- Brazil Signals Hawkish Approach on Its Big Budget Deficit
Brazil?s president-elect has put together a team of fiscal hawks to lead the economy, winning cautious approval from markets worried about the country?s ballooning debt.
- What's the Next Big Thing in Tech? It's Up to Us
How quickly we?ll see flying cars, robot workers, data-privacy rules, Chinese world domination and the end of car ownership depends less on the tech involved than on us.
- Google's Cloud-Computing Boss Steps Down
Google said its top cloud-computing executive is departing the company and will be replaced by a former executive of business software rival Oracle Corp.
- Viacom Expects 2019 Revenue Growth
Viacom said it expects revenue to grow in the 2019 fiscal year as the company augments its pay-TV business with production and licensing fees from streaming-video services.