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Drugmakers Raise Prices Amid Shortages, Recalls

The increases can mean higher costs for pharmacies and patients on what are generally cheaper generic drugs. Drugmakers say the price increases reflect higher costs they have incurred to help fill supply voids.
WSJ.com: US Business

Drugmakers Raise Prices Amid Shortages, Recalls

The increases can mean higher costs for pharmacies and patients on what are generally cheaper generic drugs. Drugmakers say the price increases reflect higher costs they have incurred to help fill supply voids.

Two Snap Executives Pushed Out After Probe Into Inappropriate Relationship

Snap in recent weeks pushed out two senior executives after an investigation found that one of them had allegedly engaged in an inappropriate relationship with an outside contractor.
WSJ.com: US Business

Two Snap Executives Pushed Out After Probe Into Inappropriate Relationship

Snap in recent weeks pushed out two senior executives after an investigation found that one of them had allegedly engaged in an inappropriate relationship with an outside contractor.

Sears to Stay Open After Lampert Prevails in Bankruptcy Auction

Billionaire Edward Lampert won a bankruptcy auction for Sears, keeping the struggling department store chain from shutting all its remaining stores. His $5 billion offer beat a competing bid to liquidate the company.
WSJ.com: US Business

Sears to Stay Open After Lampert Prevails in Bankruptcy Auction

Billionaire Edward Lampert won a bankruptcy auction for Sears, keeping the struggling department store chain from shutting all its remaining stores. His $5 billion offer beat a competing bid to liquidate the company.

'They Own the System': Amazon Rewrites Book Industry by Marching Into Publishing

The online retail giant, the world’s largest public company, commands an unrivaled customer base for the books, ebooks and audiobooks it publishes. As a result, it’s jolting the publishing industry, creating instant best sellers out of self-published writ
WSJ.com: US Business

'They Own the System': Amazon Rewrites Book Industry by Marching Into Publishing

The online retail giant, the world’s largest public company, commands an unrivaled customer base for the books, ebooks and audiobooks it publishes. As a result, it’s jolting the publishing industry, creating instant best sellers out of self-published writers and pushing down earnings for others.

Tribune Publishing Recently Tried to Rekindle Merger Talks With Gannett

Gannett was recently approached by Tribune Publishing about reviving merger talks in the weeks before Gannett became the target of a takeover bid by MNG, aka Digital First Media.
WSJ.com: US Business

Tribune Publishing Recently Tried to Rekindle Merger Talks With Gannett

Gannett was recently approached by Tribune Publishing about reviving merger talks in the weeks before Gannett became the target of a takeover bid by MNG, aka Digital First Media.

Huawei Targeted in Criminal Probe for Alleged Theft of Trade Secrets

American prosecutors are pursuing a criminal investigation of China’s Huawei Technologies for allegedly stealing trade secrets from U.S. business partners.
WSJ.com: US Business

Huawei Targeted in Criminal Probe for Alleged Theft of Trade Secrets

American prosecutors are pursuing a criminal investigation of China’s Huawei Technologies for allegedly stealing trade secrets from U.S. business partners.

WeWork's CEO Makes Millions as Landlord to WeWork

The CEO of WeWork has made millions by leasing multiple properties in which he has an ownership stake back to WeWork, one of the country’s most valuable startups.
WSJ.com: US Business

WeWork's CEO Makes Millions as Landlord to WeWork

The CEO of WeWork has made millions by leasing multiple properties in which he has an ownership stake back to WeWork, one of the country’s most valuable startups.

Takeover Bid Interrupts Gannett's Quest For Gizmodo

Gannett has been pursuing a purchase of digital publisher Gizmodo Media Group, an effort that could be complicated by the takeover approach the USA Today owner received this week from a hedge fund-backed rival.
WSJ.com: US Business

Takeover Bid Interrupts Gannett's Quest For Gizmodo

Gannett has been pursuing a purchase of digital publisher Gizmodo Media Group, an effort that could be complicated by the takeover approach the USA Today owner received this week from a hedge fund-backed rival.

PG&E Bankruptcy Threatens Wildfire Suits, Green Contracts

The expected bankruptcy filing has enormous repercussions for everyone from the homeowners suing the utility for California wildfire damages to the companies that furnish it with green energy.
WSJ.com: US Business

PG&E Bankruptcy Threatens Wildfire Suits, Green Contracts

The expected bankruptcy filing has enormous repercussions for everyone from the homeowners suing the utility for California wildfire damages to the companies that furnish it with green energy.

Huawei's Mysterious Founder Denies Spying for China, Praises Trump

The founder and CEO of Huawei said his company has never spied for the Chinese government—and never would—as he made a rare public appearance following the arrest of his daughter in Canada.
WSJ.com: US Business

Huawei's Mysterious Founder Denies Spying for China, Praises Trump

The founder and CEO of Huawei said his company has never spied for the Chinese government—and never would—as he made a rare public appearance following the arrest of his daughter in Canada.

Netflix Raises Prices on All of Its Subscription Plans

Netflix is raising prices on all of its subscription plans, with the streaming service’s most popular plan increasing to $13 a month from $11, and the base plan rising to $9 a month from $8.
WSJ.com: US Business

Netflix Raises Prices on All of Its Subscription Plans

Netflix is raising prices on all of its subscription plans, with the streaming service’s most popular plan increasing to $13 a month from $11, and the base plan rising to $9 a month from $8.

Newmont to Buy Goldcorp, Creating World's Largest Gold Miner

Newmont Mining agreed to buy rival Canadian gold producer Goldcorp in an all-stock transaction the companies valued at $10 billion, intensifying a consolidation wave among global miners competing over a dwindling supply of easy-to-find gold.
WSJ.com: US Business

Newmont to Buy Goldcorp, Creating World's Largest Gold Miner

Newmont Mining agreed to buy rival Canadian gold producer Goldcorp in an all-stock transaction the companies valued at $10 billion, intensifying a consolidation wave among global miners competing over a dwindling supply of easy-to-find gold.

Apple Rattled Markets With China Warning. Who's Next?

After iPhone-maker Apple blamed much of its revenue slump on the country’s slowing economy, the focus shifts to Starbucks, Nike and others with big exposure.
WSJ.com: US Business

Apple Rattled Markets With China Warning. Who's Next?

After iPhone-maker Apple blamed much of its revenue slump on the country’s slowing economy, the focus shifts to Starbucks, Nike and others with big exposure.

PG&E Prepares for Bankruptcy Amid Wildfire Fallout

PG&E plans to file for bankruptcy protection by the end of the month as the utility faces more than $30 billion in potential liability costs related to its role in sparking deadly California wildfires.
WSJ.com: US Business

PG&E Prepares for Bankruptcy Amid Wildfire Fallout

PG&E plans to file for bankruptcy protection by the end of the month as the utility faces more than $30 billion in potential liability costs related to its role in sparking deadly California wildfires.

NBCUniversal to Offer Streaming

The Comcast unit said the ad-supported streaming video service will be free for pay-TV subscribers, adding to a plethora of coming options for consumers.
WSJ.com: US Business

NBCUniversal to Offer Streaming

The Comcast unit said the ad-supported streaming video service will be free for pay-TV subscribers, adding to a plethora of coming options for consumers.

Hostile Bid for Gannett Rattles Some in the Newspaper Business

The hostile takeover bid for Gannett Co. by MNG Enterprises Inc., a newspaper group backed by a hedge fund, has stoked fears that an industry already reeling from years of cutbacks could be in for even more severe cost-cutting.
WSJ.com: US Business

Hostile Bid for Gannett Rattles Some in the Newspaper Business

The hostile takeover bid for Gannett Co. by MNG Enterprises Inc., a newspaper group backed by a hedge fund, has stoked fears that an industry already reeling from years of cutbacks could be in for even more severe cost-cutting.

Small Cars Are Losing Their Place in U.S. Auto Lineups

More auto makers are dropping small sedans and hatchbacks priced around $20,000 or less from their U.S. lineups, as low gasoline prices and better-quality used cars contribute to a slump in demand.
WSJ.com: US Business

Small Cars Are Losing Their Place in U.S. Auto Lineups

More auto makers are dropping small sedans and hatchbacks priced around $20,000 or less from their U.S. lineups, as low gasoline prices and better-quality used cars contribute to a slump in demand.

PG&E CEO Steps Down Amid California Wildfire Crisis

California’s largest utility said Sunday that Chief Executive Geisha Williams was stepping down as it grapples with the growing political and financial fallout of its role in helping spark California wildfires.
WSJ.com: US Business

PG&E CEO Steps Down Amid California Wildfire Crisis

California’s largest utility said Sunday that Chief Executive Geisha Williams was stepping down as it grapples with the growing political and financial fallout of its role in helping spark California wildfires.

Gannett Is Target of Fund-Backed Bid

A hedge-fund-backed media group known for buying up struggling local papers and cutting costs is planning to make an offer for USA Today publisher Gannett, according to people familiar with the matter.
WSJ.com: US Business

Gannett Is Target of Fund-Backed Bid

A hedge-fund-backed media group known for buying up struggling local papers and cutting costs is planning to make an offer for USA Today publisher Gannett, according to people familiar with the matter.

Slow Earnings Growth, Dim Forecasts Weigh on Stocks

America’s biggest public companies are warning that their earnings may not be as strong as they hoped this year, intensifying pressure on a bull market that has struggled to regain its footing.
WSJ.com: US Business

Slow Earnings Growth, Dim Forecasts Weigh on Stocks

America’s biggest public companies are warning that their earnings may not be as strong as they hoped this year, intensifying pressure on a bull market that has struggled to regain its footing.

Shutdown Pinches Economic Growth

The partial federal government shutdown is showing signs of disrupting commerce as hundreds of thousands of federal workers missed out on their first payday of the closure late last week.
WSJ.com: US Business

Shutdown Pinches Economic Growth

The partial federal government shutdown is showing signs of disrupting commerce as hundreds of thousands of federal workers missed out on their first payday of the closure late last week.

U.S. Probes Boeing Satellite Deal Backed by China

The SEC and the Commerce Department are investigating Boeing’s relationship with a satellite startup backed by a Chinese government-owned firm, following a WSJ article last month.
WSJ.com: US Business

U.S. Probes Boeing Satellite Deal Backed by China

The SEC and the Commerce Department are investigating Boeing’s relationship with a satellite startup backed by a Chinese government-owned firm, following a WSJ article last month.

Huawei Fires Executive Charged in Poland With Espionage

Chinese telecom company Huawei fired a sales director who was arrested in Poland on espionage charges, saying he brought it “into disrepute.”
WSJ.com: US Business

Huawei Fires Executive Charged in Poland With Espionage

Chinese telecom company Huawei fired a sales director who was arrested in Poland on espionage charges, saying he brought it “into disrepute.”

Ghosn's Lawyer Said He Developed a Fever in Jail, Is Feeling Better

Carlos Ghosn developed a fever while in a Tokyo jail but was feeling better Friday morning, his lawyer said, after the former Nissan chief’s wife pressed Japanese authorities for information on his health.
WSJ.com: US Business

Ghosn's Lawyer Said He Developed a Fever in Jail, Is Feeling Better

Carlos Ghosn developed a fever while in a Tokyo jail but was feeling better Friday morning, his lawyer said, after the former Nissan chief’s wife pressed Japanese authorities for information on his health.

Ford to Slash Jobs, Shut Plants in Major European Revamp

Ford is launching an overhaul of its European business that is expected to include thousands of job cuts, plant closures and the scrapping of low-profit models amid a storm of bad news for global car makers.
WSJ.com: US Business

Ford to Slash Jobs, Shut Plants in Major European Revamp

Ford is launching an overhaul of its European business that is expected to include thousands of job cuts, plant closures and the scrapping of low-profit models amid a storm of bad news for global car makers.

Strong Economy Can't Save Retailers From Holiday Blues

The strong U.S. economy wasn’t enough to give many mall-based retailers a strong year-end boost, as Macy’s and others posted tepid holiday sales, fueling a selloff in retail stocks.
WSJ.com: US Business

Strong Economy Can't Save Retailers From Holiday Blues

The strong U.S. economy wasn’t enough to give many mall-based retailers a strong year-end boost, as Macy’s and others posted tepid holiday sales, fueling a selloff in retail stocks.

Apple Gives CEO 22% Increase in Pay

Chief Executive Tim Cook received the big boost in compensation for fiscal 2018, when the iPhone maker blew past annual sales and profit goals but faced slowing momentum for its most popular device.
WSJ.com: US Business

Apple Gives CEO 22% Increase in Pay

Chief Executive Tim Cook received the big boost in compensation for fiscal 2018, when the iPhone maker blew past annual sales and profit goals but faced slowing momentum for its most popular device.

Carlos Ghosn's Lawyer Launches Campaign to Clear His Client

Carlos Ghosn’s lawyer took aim at Japanese prosecutors, arguing they rushed to judgment and had no basis for their lengthy detention of the auto executive.
WSJ.com: US Business

Carlos Ghosn's Lawyer Launches Campaign to Clear His Client

Carlos Ghosn’s lawyer took aim at Japanese prosecutors, arguing they rushed to judgment and had no basis for their lengthy detention of the auto executive.

Sumner Redstone, Family Settle Legal Dispute With Former Companion

Media mogul Sumner Redstone and his family have agreed to settle their long-running legal dispute with his former live-in companion, Manuela Herzer, less than a week before one of the cases was scheduled for trial.
WSJ.com: US Business

Sumner Redstone, Family Settle Legal Dispute With Former Companion

Media mogul Sumner Redstone and his family have agreed to settle their long-running legal dispute with his former live-in companion, Manuela Herzer, less than a week before one of the cases was scheduled for trial.

Sears Gets Another Lifeline: Lampert's $4.4 Billion Bid Still Alive

A bid to rescue the retailer from bankruptcy proceedings by Sears Holdings former CEO Edward Lampert is still alive, as an auction is set for Jan. 14.
WSJ.com: US Business

Sears Gets Another Lifeline: Lampert's $4.4 Billion Bid Still Alive

A bid to rescue the retailer from bankruptcy proceedings by Sears Holdings former CEO Edward Lampert is still alive, as an auction is set for Jan. 14.

CBS News President Leaving Amid Woes

David Rhodes will not return after his contract expires, as “48 Hours” executive producer Susan Zirinsky steps into the leadership role. She is the first woman chief of the news division, which has been plagued by ratings woes after anchor changes.
WSJ.com: US Business

CBS News President Leaving Amid Woes

David Rhodes will not return after his contract expires, as “48 Hours” executive producer Susan Zirinsky steps into the leadership role. She is the first woman chief of the news division, which has been plagued by ratings woes after anchor changes.

The Phone That's Failing Apple: iPhone XR

Apple’s cheapest new iPhone, the XR, has fallen far short of Apple’s expectations, forcing the company to reduce production drastically and cutting into its revenue projections.
WSJ.com: US Business

The Phone That's Failing Apple: iPhone XR

Apple’s cheapest new iPhone, the XR, has fallen far short of Apple’s expectations, forcing the company to reduce production drastically and cutting into its revenue projections.