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Futures News - WSJ.com: US Business
From today, October 17, 2017
- Airbus Secures Canadian Wingman in Dogfight With Boeing
Airbus and Boeing typically slug it out at air shows and on factory floors, but the rivalry took a different turn with the European group?s deal to take a majority stake in Bombardier?s CSeries jet project.
- SoftBank Creates Venture to Buy 8,000 Cellular Sites Across U.S.
Japanese telecom giant SoftBank Group plans to form a joint venture with Australia?s Lendlease Group to buy about 8,000 cellular sites across the U.S., challenging tower operators that dominate the industry.
- UnitedHealth Revenue Grows Despite ACA Exit
UnitedHealth?s shares gained after it said core insurance and health-services businesses grew in its latest quarter, despite a dent in revenue caused by the company?s decision to pull out of most Affordable Care Act markets.
- These Companies Will Pay You to Learn Your Job
A handful of companies are using so-called last-mile programs to train new hires for as long as a year before taking them on as full-time members of the team.
- CSX Chief Vows to Win Back Lost Business After Service Woes
CSX Corp. Chief Executive Hunter Harrison said the railway expects to win back any market share lost during this summer and sought to reassure investors that service problems were resolved.
- Trump Narrows Fed Leader Search to Five Candidates
The White House has narrowed the search for the next Federal Reserve chairman to five final candidates, according to a White House official, who said President Donald Trump is expected to announce his pick before a trip to Asia that starts Nov. 3.
- U.S. Industrial Production Rose Modestly in September
U.S. industrial output picked up modestly in September, a sign a key sector of the economy is weathering the hurricane-related disruption that hit the prior month.
- U.K. Inflation Hits Five-Year High
Consumer prices in the U.K. rose in September at the fastest annual rate for more than five years, a pickup that will reinforce expectations the Bank of England could nudge up interest rates as soon as November.
- Cutting Corporate Taxes Would Boost Workers' Income, White House Says
Cutting the U.S. corporate tax rate would boost average household income by $4,000 a year, the White House said, contradicting many economists who say shareholders and not workers would see most of the benefit from such a reduction.
- Amazon, Apartment Landlords Strike Deals on Deliveries
Amazon is taking over the package rooms of some of the country?s largest apartment landlords, in a move that could help consolidate its control over how goods make it from the warehouse floor to the front door.
- Wal-Mart Sees 'Second-Mover Advantage' in E-Commerce
Wal-Mart?s U.S. e-commerce chief Marc Lore said the online retail division is still in growth mode, the fruits of which will start paying off over the next two years and help it better compete with Amazon.
- 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.
- Labor Department Taps Executives, Union Officials for Apprentice Program
The Labor Department is enlisting the help of corporate executives, labor unions and governors to develop its policy of expanding the use of apprenticeships in the U.S.
- USDA Drops Tighter Rules on Meatpackers
The U.S. Department of Agriculture has dropped efforts to tighten regulations governing how meat companies? deal with the farmers who raise the nation?s poultry and livestock.
- Harley-Davidson Profit Falls as Slide in Sales Continues
Harley-Davidson on Tuesday reported a 40% drop in quarterly profit as global sales of its motorcycles continued to slide.
- 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.
- When Doing Good Ends Badly for CEOs
A new study shows that socially responsible initiatives can be a double-edged sword for CEOs, helping to shield them from being ousted during more prosperous times but increasing the likelihood they would be fired in bad times.