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Futures News - WSJ.com: US Business
From today, September 19, 2018
- AutoNation's Outspoken Chief Executive to Step Down Next Year
AutoNation CEO Mike Jackson, who stood out in the tight-lipped auto industry for his outspoken personality, will step down after leading the U.S.?s largest dealership chain for nearly two decades.
- Apple's New Strategy: Sell Pricier iPhones First
For the second straight year, Apple is starting to sell its new iPhone models at different times?but this time, the lag reflects a staggered production timeline set by the tech giant rather than manufacturing issues it experienced last year.
- Bayer Steps Up Fight Over Weed Killer Blamed for Cancer
Bayer is stepping up the legal defense of its flagship weed killer, after a verdict in a recent case alleging the chemical causes cancer sent shares tumbling and raised the prospect of costly payouts.
- Ordering Coffee Through Your Car? New Apps Turn Cars Into Smartphones, Raising Safety Questions
Car makers seeking new revenue streams are offering drivers the ability to preorder coffee or make restaurant reservations on the move, raising safety concerns at a time when distracted driving is already at elevated levels.
- Latest U.S. Tariffs Could Make Auto Parts Pricier
The Trump administration?s latest tariffs will hammer Chinese auto-parts makers, likely raising prices for their U.S. customers, who have few options to buy key parts elsewhere, manufacturers and industry experts say.
- World Poverty Falls Below 750 Million
The global population living in extreme poverty has fallen below 750 million for the first time since the World Bank began collecting global statistics in 1990, a decline of more than 1 billion people in the past 25 years.
- China Retaliates With Tariffs on $60 Billion of U.S. Goods
The Chinese government said Tuesday it plans to impose new tariffs on $60 billion in U.S. exports, prompting President Trump to reiterate a threat to punch back by hitting Chinese goods worth more than four times that much.
- Bank of Japan Maintains Promise to Keep Extremely Low Rates for 'Extended Period'
The central bank decided to stand pat on policy after making a number of tweaks in July to prepare for a longer-than-expected fight to lift inflation, which has yet to reach the central bank?s 2% target.
- U.S. Current-Account Deficit Narrowed in Second Quarter
The U.S. current-account deficit, a measure of the nation?s trade and financial flows with other countries, narrowed to $101.46 billion in the second quarter.
- U.S. Housing Starts Rose in August
U.S. housing starts rebounded in August, driven by gains in multifamily construction that might not be sustained.
- Some Companies Spend Plenty to Lure Executives Willing to Relocate
A lot of executives don?t relish the idea of disrupting their lives to take a distant job, but they don?t have to in the current strong economy. That is why more companies are offering rich relocation packages to lure top talent to another city.
- Google, T-Mobile Tackle 911 Call Problem
Android phones will soon send Google Maps-like location data to emergency call centers.
- McDonald's Avoids Fines as Europe Rules Its Tax Deal Is Legal
European Union regulators said McDonald?s tax arrangement in Luxembourg is legal, dropping an investigation against the U.S. fast-food giant in contrast with a barrage of fines levied on American tech firms.
- Benefit Gains Exceed Wage Growth, New Labor Data Show
U.S. employers are boosting benefits?including bonuses and vacation time?at a faster pace than salaries, a move that gives them more flexibility to dial back that compensation if the economy turns sour.
- U.S. Business Groups Urge Trump to Keep Canada in Nafta
U.S. business groups sought Tuesday to increase pressure on the Trump Administration to retain the existing structure of Nafta, urging U.S. officials to avoid advancing a new pact that excludes Canada.
- Union Pacific's Cure for Congestion: Imitate a Rival
Union Pacific never hired Hunter Harrison to run its sprawling network. But with congestion clogging its system, the company is now adopting the late railroad maverick?s strategy to speed its freight trains.
- Behind Your Rising Health-Care Bills: Secret Hospital Deals That Squelch Competition
Hidden provisions in contracts between health-care providers and insurers allow hospitals to hide prices from consumers, add fees and discourage use of less-expensive rivals.
- Amazon Forecast to Be No. 3 Digital Advertising Player in 2018
Th tech giant is expected to surpass Verizon?s Oath and Microsoft, according to new eMarketer estimates, according to research firm eMarketer.
- AI Is the New Weapon Against Cyberattacks
As hackers get smarter and more determined, artificial intelligence is going to be an important part of the solution.