Back to top

Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

The Wall Street Journal

Payless to Close All U.S. Stores as It Prepares for Another Bankruptcy

Fri, Feb 15, 2019

Retailer Payless ShoeSource plans to close all of its roughly 2,100 stores in the U.S. and Puerto Rico, in what is likely to be the largest ever retailer liquidation. ...

Uber Sales Growth Slows Further as IPO Nears

Fri, Feb 15, 2019

Uber Technologies, as it steers toward a planned IPO later this year, reported its slowest sales growth since the company began disclosing detailed financials two years ago. ...

From Bezos to Dr. Phil, the Enquirer Turns to Bare Knuckle Tactics

Fri, Feb 15, 2019

Amazon’s Jeff Bezos joins the ranks of celebrities, including fitness guru Richard Simmons and talk-show host “Dr. Phil,” who have had to deal with the no-holds-barred approach of the National Enquirer. ...

Investor Steve Jurvetson Talks About the Allegations That Derailed His Career

Fri, Feb 15, 2019

Venture capitalist Steve Jurvetson is back on the investment scene with a new fund, more than a year after he was hit with allegations that he mistreated women and left the firm he co-founded. ...

Amazon Project Foundered on Labor Organizing, Debate Over Subsidies

Sat, Feb 16, 2019

Amazon scuttled its New York City project after talks to resolve the matter of labor organizing and to ease political opposition to subsidies failed to allay the company’s concerns. ...

Chinese, U.S. Trade Negotiators Inch Toward a Broad Agreement

Fri, Feb 15, 2019

Negotiators made progress on a memorandum of understanding that could serve as the basis for a deal that President Trump and Chinese leader Xi Jinping could later finalize....

Contradictory Data Confound Economists

Fri, Feb 15, 2019

Economic data are usually noisy, but this week included an onslaught of negative and often contradictory signals that made even seasoned economists scratch their heads. ...

New Tariffs Threaten to Boost Prices of Imported Cars, Parts

Fri, Feb 15, 2019

The Commerce Department is wrapping its probe into whether imported cars and parts pose a national-security threat under U.S. trade law. Its findings could lead to levies that would make autos from Japan, Germany and elsewhere sharply more expensive. ...

Factory Output Contracts Unexpectedly in January

Fri, Feb 15, 2019

U.S. industrial output fell sharply in January, primarily driven by a large drop in vehicle production....

Transcript: WSJ Interview With San Francisco Fed President Mary Daly

Fri, Feb 15, 2019

San Francisco Fed leader Mary Daly discusses her outlook for interest rates and the economy, the winding down of the Fed’s bond portfolio, and reasons why a tight labor market hasn’t fueled stronger wage growth and higher inflation....