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Futures News - WSJ.com: US Business
From today, December 18, 2017
- CSX Chief's Death Prompts Tough Questions About Move to Hire Him
CSX Corp. hired the renowned railroad turnaround artist Hunter Harrison in March with much fanfare. Now, with Mr. Harrison?s death, that decision has backfired.
- Oracle to Buy Software Maker Aconex
Oracle will buy Australian project-management software provider Aconex, the latest leg in its push to take on Amazon and others in selling cloud-computing services.
- Delivery Companies Brace for the Pre-Christmas Crush
Package-delivery companies are preparing to address any potential bottlenecks during what is typically their busiest week of the holiday season.
- The Fast and the Financed: China's Well-Funded Auto Startups Race to Overtake Tesla
An ambitious group of Chinese car developers with billions in backing and a foothold in Silicon Valley are vying to become the next Tesla.
- Grocers Absorb Rise in Food Prices to Keep Customers From Straying
Food costs are ticking up after a multiyear glut of many staples. But consumers aren?t paying much more yet because grocers, discounters and online retailers are all holding down prices to win business.
- GOP Tax Bill Would Set Up Years of Challenges
The GOP?s historic tax overhaul might usher in a new period of instability in the tax code, because the plan is advancing without bipartisan support and with expiration dates that guarantee it will be revisited for years.
- Congress Faces Crunch Time on Spending, Immigration
Congress begins its likely final week of 2017 with lawmakers from both parties forced to grapple with tough questions they have deferred all year, including immigration and the federal budget.
- Why Refiners Are Expected to Give Their Tax Savings Right Back to Shareholders
U.S. fuel makers are poised to reap billions under a sweeping Republican overhaul of the tax code. But don?t expect them to expand, go on a hiring binge, or lower prices at the pump.
- Deduction Rollback Hurts High-Tax States, But Exodus Isn't Assured
A key provision in the Republican tax plan could dim the appeal of living in high-tax states like New York in favor of low-tax states like Florida. But research on the subject suggests high-tax regions won?t see a sudden or mass exodus.
- Deaths of Apotex Founder, Wife Being Investigated as Homicides
Apotex founder Barry Sherman and his wife, Honey, died from a type of strangulation, and homicide detectives have taken over the investigation.
- Get Ready for a Faster, Pricier and More Confusing Internet
With the end of Federal Communications Commission regulation, the battle for the soul of the internet has just begun, with tech and media giants free to consolidate, upsell and compete like never before.
- Japan Tiptoes Out of Radical Experiment in Monetary Policy
After pumping about $4 trillion into the financial system over Gov. Haruhiko Kuroda?s nearly five years on the job and dropping rates into negative territory, Japan?s central bank is likely to raise one or more of its key interest-rate targets in 2018.
- Global Economy Week Ahead: U.S. Inflation, Eurozone Wages, Bank of Japan Meeting
The week ahead features U.S. data on consumer spending and inflation, reports on European consumer confidence and wages, and a policy decision by the Bank of Japan.
- Fed's Quarles to Recuse Himself From Matters Involving Wells Fargo
Randal Quarles, the Federal Reserve?s point man on financial regulation, said he would recuse himself from participating in matters related specifically to Wells Fargo, ?to avoid even the potential appearance of a conflict of interest.?
- HBO's 'Agnelli' Highlights Fiat Chairman's Appetite for Women and Danger
A new documentary on Gianni Agnelli follows the colorful exploits of the charismatic Fiat scion. It arrives in very different era from the Italian industrialist?s heyday, one in which public figures face more intense scrutiny.
- To Break Into the Grammys, Netflix Went Old-School Vinyl
Netflix released vinyl records of its streaming comedy specials to garner its first-ever Grammy nominations.
- Thales to Buy Chip Maker Gemalto
France?s Thales has agreed to buy chip maker Gemalto for ?4.8 billion in a deal that aims to create ?a world leader in digital security,? the companies said.