business


Oil Price Briefly Reaches $70 as Buoyant Global Economy Bolsters Demand

Oil Price Briefly Reaches $70 as Buoyant Global Economy Bolsters Demand

Rig platforms stacked ready for scrapping in the Cromarty Firth, Scotland, this month.

Wall Street Journal, Its Newsroom Unsettled, Names a New Editor

Wall Street Journal, Its Newsroom Unsettled, Names a New Editor

Gerard Baker was the editor in chief of The Wall Street Journal for five and a half years, a period which saw The Journal’s circulation rise, but also unrest within the newsroom.

Rupert Murdoch and President Trump: A Friendship of Convenience

Rupert Murdoch and President Trump: A Friendship of Convenience

The relationship between Rupert Murdoch and Donald J. Trump, a presidential candidate at the time, reached a turning point when they met at Trump International Golf Links Scotland on June 25, 2016.

Patagonia v. Trump

Patagonia v. Trump

Yvon Chouinard, the founder of Patagonia, with its chief executive, Rose Marcario, in the tin shed where he once forged and hammered metal. The outdoor-clothing company has mixed commerce and activism since the early 1970s.

Disability Applications Plunge as the Economy Strengthens

Disability Applications Plunge as the Economy Strengthens

Christian Borrero, who was born with cerebral palsy, went off disability after landing a full-time job as a receptionist in Independence, Ohio.

A $76,000 Monthly Pension: Why States and Cities Are Short on Cash

A $76,000 Monthly Pension: Why States and Cities Are Short on Cash

Klamath Falls, Ore., which faced a $600,000 increase in its latest bill for the state pension fund, has had to cut back on street and bridge repairs.

Think the Big Banks Have Abandoned Coal? Think Again

Think the Big Banks Have Abandoned Coal? Think Again

Contractors pouring concrete this month during construction of the Poplar Grove coal mine in Rumsey, Ky. Grant Quasha, chief executive of Paringa Resources, which is developing the mine, said, “For smaller companies such as ourselves, it’s still very difficult to obtain financing.”

Warren Buffett’s Succession Plan Is Down to Two

Warren Buffett’s Succession Plan Is Down to Two

Gregory Abel, left, will become vice chairman of Berkshire Hathaway’s non-insurance businesses, and Ajit Jain will serve as vice chairman of the conglomerate’s insurance operations.

Washington Wants to Weaken Bank Rules. Not Every Regulator Agrees.

Washington Wants to Weaken Bank Rules. Not Every Regulator Agrees.

Regulators are considering a plan to relax a rule adopted in the wake of the financial crisis, but not all policymakers are backing the rollback.

Comcast Offers $65 Billion for 21st Century Fox, Challenging Disney

Comcast Offers $65 Billion for 21st Century Fox, Challenging Disney

The bid from Comcast for 21st Century Fox sets up a fight with Walt Disney, which has struck a $52.4 billion deal for Fox’s assets.

Europe Is Annoyed, Not Grateful, After Trump Delays Tariffs

Europe Is Annoyed, Not Grateful, After Trump Delays Tariffs

The furnace at the steel producer Salzgitter AG in Germany. The Europeans say they will discuss the Trump administration’s concerns only after the bloc receives a permanent, unconditional exemption from the tariffs.

In Sparing Consumers Tariff Burden, Trump Hit Manufacturing

In Sparing Consumers Tariff Burden, Trump Hit Manufacturing

A Boeing 737 on the assembly line in Renton, Wash. Aircraft and their parts are the single largest American export to China, making Boeing a tempting target in a trade war.

A Diamond Giant Plays Up Its Russian Ties to Appeal to Americans

A Diamond Giant Plays Up Its Russian Ties to Appeal to Americans

Diamonds are evaluated under special lighting at Alrosa's sorting center in Mirny, Russia.

After Driving Streaming Music’s Rise, Spotify Aims to Cash In

After Driving Streaming Music’s Rise, Spotify Aims to Cash In

Daniel Ek, a co-founder and the chief executive of Spotify, at an investor presentation in March. The Swedish company’s shares will begin trading on the New York Stock Exchange on Tuesday.

Lessons From Rust-Belt Cities That Kept Their Sheen

Lessons From Rust-Belt Cities That Kept Their Sheen

St. Cloud, Minn., continued to be a job creator over the last few decades, sustaining its prosperity while many urban industrial areas withered. A worker applied paint to a vehicle part at a St. Cloud body shop.

Richard Elden, Innovative Hedge Fund Investor, Is Dead at 84

Richard Elden, Innovative Hedge Fund Investor, Is Dead at 84

Richard Elden, an early investor in a number of notable hedge funds, in Chicago this year.


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