Auto Makers Miss Emissions Target Despite Record Fuel Economy
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Auto makers missed a U.S. emissions target for the first time despite achieving record fuel economy, setting the stage for intense lobbying as the Trump administration decides whether to roll back regulations.
Wal-Mart to Raise Minimum U.S. Wage to $11 an Hour
Wal-Mart will raise starting pay to $11 an hour for all its U.S. employees and hand out one-time bonuses of up to $1,000, as the retailer doles out some of its expected gains from the new tax legislation.
Ford Warns Against Driving Certain 2006 Ranger Pickups
Ford is telling owners of nearly 3,000 older Ranger pickup trucks not to drive them after learning that a driver was killed last year when a defective air bag made by Japanese supplier Takata ruptured in a crash.
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Government Subpoenas Endo Pharmaceuticals for Information on Opioid Products
The U.S. Attorney's Office for the Southern District of Florida has issued a grand jury subpoena to Endo Pharmaceuticals asking for information about opioid-related products, Endo's parent company announced Thursday.
Fujifilm Sets Focus on Deal-Making After Surviving Fall of Film
Fujifilm has reinvented itself after the fall of film and is in good health, while a decline in office printing has left Xerox languishing. The two are now talking.
Drahi's Altice Reverses Course in U.S., Europe, After Wings Clipped
When French billionaire Patrick Drahi spoke in 2016 to top managers at Cablevision-the New York-area firm he had just bought for $10 billion-he told them the key to his success was making decisions fast.
Berkshire Names New CEO of Giant U.S. Utility
Berkshire Hathaway Energy said William Fehrman will become its new chief executive, replacing Greg Abel, who was promoted as a potential successor to Warren Buffett at Berkshire Hathaway Inc.
Delta Posts Higher Sales, Raises Annual Guidance
Delta Air Lines said rising revenue and lower corporate taxes will help boost profit this year.
China's Cyberspace Cops Go After Marriott
The hotel giant is ordered to shut its website and app to Chinese residents after distributing a guest survey that included Hong Kong and others in a list of countries.
Will Airlines Blow Their Tax Windfall?
U.S. airlines are among the biggest beneficiaries of the tax plan. But investors worry that they also may be at the greatest danger of competing their tax gains away.
(END) Dow Jones Newswires
January 11, 2018 17:15 ET (22:15 GMT)