Amazon's Grocery Ambitions Spell Trouble for Food Brands

Wall Street Journal: US Business - 5 hours 48 min ago
Amazon’s deeper push into the grocery business threatens to further pinch packaged-food companies already coping with slowing sales.

Nestlé Unmoved by Third Point Demands

Wall Street Journal: US Business - 5 hours 58 min ago
Newly minted Nestlé Chief Executive Mark Schneider is facing the first big challenge of his short career in packaged foods.

Why Apple and J.P. Morgan Are Chasing Venmo

Wall Street Journal: US Business - 6 hours 9 sec ago
Big tech and finance firms are charging into person-to-person payments with little regard for making money, believing such services will be vital to getting and keeping consumers.

CFO Tries to Keep Cycling Company From Spinning Its Wheels

Wall Street Journal: US Business - 6 hours 1 min ago
Lisa Klinger has focused on fundamental financial processes—and not a quick spin to an IPO—in her tenure as CFO for Peloton.

In Unilever's Radical Hiring Experiment, Resumes Are Out, Algorithms Are In

Wall Street Journal: US Business - 6 hours 16 min ago
To diversify its candidate pool, Unilever has ditched resumes and traditional campus recruiting. Its new process relies on algorithms to sort candidates and targets young potential hires where they spend much of their time: their smartphones.

U.S. Durable Goods Orders Fall 1.1%

Wall Street Journal: US Business - 6 hours 24 min ago
Demand for long-lasting factory goods declined in May for the second straight month, a possible sign of softness in the U.S. manufacturing sector.

Bankrupt Air-Bag Maker Takata Means to Keep Limping Along

Wall Street Journal: US Business - 6 hours 30 min ago
Having filed for bankruptcy protection and agreed to sell most of its business, Japan’s Takata could go on for years supplying parts for the tens of millions of its potentially deadly air bags that still need to be replaced.

Rural Youth Chase Big-City Dreams

Wall Street Journal: US Business - 7 hours 2 min ago
Young people are leaving Iowa’s Mahaska County and other rural communities in the nation’s heartland to go to college—and not many are coming back.

Liquor Companies Binge on Mescal but Can't Get Enough

Wall Street Journal: US Business - 8 hours 2 min ago
Mescal, a cousin to tequila, is rapidly growing in popularity, but the world’s biggest liquor companies are struggling to parlay its rise into substantial profits.

Google Could Be a Day Away From At Least $1 Billion EU Antitrust Fine

Wall Street Journal: US Business - 10 hours 2 min ago
The European Union’s antitrust watchdog will as soon as Tuesday hit Google with a fine of more than $1 billion and demand changes to the company’s business practices, according to people familiar with the matter.

Senators Lay Out Demands on Health Bill

Wall Street Journal: US News - Sun, 06/25/2017 - 23:37
Senate Republican leaders pushing for a health-care vote this week juggled objections from all corners of the GOP caucus over the weekend, with issues such as Medicaid and insurance regulations remaining key holdups.

Crown Resorts Senior Executive Sentenced to 10 Months in Prison

Wall Street Journal: US Business - Sun, 06/25/2017 - 22:49
A senior executive at casino operator Crown Resorts got a sentence of 10 months in prison for gambling crimes, an Australian government official in Shanghai said.

Gov. Andrew Cuomo Hits Impasse Over Albany Agenda

Wall Street Journal: US News - Sun, 06/25/2017 - 19:41
Gov. Andrew Cuomo’s pledge to make government work and his knack for easing partisan gridlock are facing new headwinds ahead of his re-election campaign next year.

Hackers Display Pro-Islamic State Message on Ohio Government Websites

Wall Street Journal: US News - Sun, 06/25/2017 - 18:58
Ohio Gov. John Kasich’s website was among several government sites in the state and elsewhere that were hacked Sunday by a group displaying a pro-Islamic State message.

Troubled Air-Bag Maker Takata Files for Bankruptcy

Wall Street Journal: US Business - Sun, 06/25/2017 - 18:18
Takata filed for bankruptcy protection in Japan and the U.S. and said it would sell most of its operations to a rival, nearly nine years after it began a global recall of rupture-prone automotive air bags.

Bank for International Settlements Takes Aim at Protectionism

Wall Street Journal: US Business - Sun, 06/25/2017 - 17:38
The BIS, a consortium of central banks, warned that rising protectionist sentiment and a retreat from global cooperation on economic matters would threaten the world economy.

Dan Loeb's Third Point Makes Its Largest-Ever Bet With Nestlé Stake

Wall Street Journal: US Business - Sun, 06/25/2017 - 17:36
Billionaire activist investor Daniel Loeb’s Third Point hedge fund has taken a $3.5 billion stake in Nestlé SA, piling pressure on the world’s largest packaged foods company to find ways to accelerate growth.

It's 5 O'Clock Somewhere---Unless You've Been Acquired by Wal-Mart

Wall Street Journal: US Business - Sun, 06/25/2017 - 17:05
After the retailing giant paid $3.3 billion for Jet.com, it had to cope with the startup’s weekly happy hour and other ‘touchstones in the culture.’

GOP Senators Express Misgivings About Health Bill

Wall Street Journal: US News - Sun, 06/25/2017 - 16:07
Several Republican senators on Sunday talk shows expressed reluctance to support their party’s health-care bill, although they didn’t rule out backing it when it comes up for vote, which could happen this week.

Hollywood's Biggest Misses Are Hits Overseas

Wall Street Journal: US Business - Sun, 06/25/2017 - 15:15
American moviegoers are losing interest in some of Hollywood’s biggest franchises, depriving studios of their most profitable ticket sales even as international audiences in some foreign markets keep showing up.

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