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Futures News - WSJ.com: US Business
From today, March 19, 2018
- Uber Suspends Driverless-Car Program After Pedestrian Is Killed
A self-driving car from Uber Technologies struck a woman who died in Tempe, Ariz., in what is believed to be the first known fatality of a pedestrian from a driverless vehicle.
- European Officials Pledge to Probe Facebook's Handling of User Data
EU officials will probe Facebook?s handling of user data, after the company said it is investigating whether a firm linked to the Trump campaign improperly kept personal data.
- Newell Strikes Deal With Icahn to Fend Off Other Activists
Newell Brands agreed to nominate four independent board directors chosen by Carl Icahn and consider selling more of its businesses as part of a truce with the activist investor, the consumer-goods company said.
- Qualcomm Evaded Broadcom's Bid; Now, CEO Has a Lot to Prove
For Qualcomm CEO Steve Mollenkopf, having fended off an unwanted takeover from Broadcom just leaves more headaches, from customer disputes to unhappy shareholders to a long-shot takeover bid from his former boss.
- Chinese Shipyards See Surge in Orders, Margins Remain Thin
Growing demand across bulk, energy and container shipping sectors has carriers expanding, upgrading cargo fleets.
- Fed's Thinking on Rate Increases May Come Into Focus
The Federal Reserve in December expected a gradual path of rate rises would allow the economy to keep expanding without overheating; since then, the burst of fiscal stimulus, together with steady growth and very low unemployment could lead the central bank to be more aggressive.
- Trade Associations to Petition Trump Administration to Halt China-Tariff Plans
Forty-five groups representing a wide swath of the U.S. economy are asking the president to work with other nations to press Beijing to end restrictions on foreign firms instead of imposing tariffs on China.
- The Next Housing Crisis: A Historic Shortage of New Homes
A decade after the construction boom, fewer new houses are being built in America than at almost any time before. ?It?s a good time to be here in Grand Rapids, if you can get a house.?
- China's New PBOC Chief Promises Quick Change
China?s new central-bank chief, Yi Gang, promised to implement changes quickly, saying ?there will be a series of reform and opening-up measures? during the next three weeks.
- Congress Braces for Battle Over Massive Spending Bill
Congress will enter its last major fiscal battle before November?s midterm elections this week, as lawmakers prepare to debate a mammoth spending bill that offers them the last chance to settle dozens of long-running policy fights.
- U.S. Investigates Failing Air Bags in Hyundai, Kia Cars
U.S. safety regulators are investigating Hyundai Motor and Kia Motors cars with air bags that failed to deploy, a problem linked to four deaths and six injuries.
- Women Strive to Narrow a Confidence Gap
Career experts and researchers focus on new strategies for women to shore up belief in themselves with confidence logs, brag books.
- Hewlett Packard Spinoff Falters, as Shares Plunge 55% in London
Micro Focus?s $8.8 billion merger with Hewlett Packard?s software business represented a rarity 18 months ago: a British tech company taking over a foreign one, rather than the other way around. It hasn?t worked out as planned.
- Global Economy Week Ahead: Fed, BOE and Brazil Central Bank Meetings
The week ahead features policy decisions from the Federal Reserve, Bank of England and Brazil?s central bank, while an early reading on March private-sector output in the eurozone is due.
- U.S. Tariffs to Be in Spotlight at G-20 Summit
Global finance ministers meeting this week in Buenos Aires were planning to focus on topics like the workforce in an age of automation and how to boost infrastructure investment. Instead, their attention has turned to U.S. tariffs on steel and aluminum.
- Why More States Are Tussling With Their Teachers
Teachers from Kentucky, West Virginia, Oklahoma and Arizona have staged strikes and demonstrations, and they have threatened walkouts over new proposals to install limits on pensions, wage increases and benefits.
- Steve Wynn's Attorney Reported Alleged Sexual Misconduct Victim to FBI
A lawyer for Steve Wynn said he recently reported a woman to the FBI after she threatened to go public about the casino mogul?s alleged sexual misconduct against her, which had prompted a 2006 settlement, court records indicate.
- Rivals Chip Away at Google's and Facebook's Digital Ad Dominance
Google and Facebook have dominated the U.S. digital advertising market for years, but new data show signs that platforms like Amazon and Snapchat are chipping away at the digital duopoly?s market share.
- VW Plans $340 Million Expansion at Tennessee Plant
Volkswagen will spend $340 million to manufacture a new sport-utility vehicle at a Tennessee assembly plant, according to a person familiar with the plan.
- Tronc's Michael Ferro Retires After Los Angeles Times Sale
Chicago entrepreneur Michael Ferro is retiring as Tronc?s chairman after orchestrating the sale of one of its flagship papers last month.