Business News from the Wall Street Journal
- Mon, 26 Nov 2018 23:58:36 +0000: United Tech to Break Itself Into Three Companies - WSJ.com: US Business
The industrial conglomerate has decided to separate itself into three independent companies, breaking apart one of America’s last industrial conglomerates.
- Mon, 26 Nov 2018 23:58:24 +0000: Trump Tells GM to Open Ohio Plant and Stop Output in China - WSJ.com: US Business
General Motors plans to cut up to 14,800 jobs and end production at certain plants, marking the auto maker’s first significant downsizing since bankruptcy as it tries to adjust to lower demand for passenger cars. President Trump said GM should stop making cars in China and make them in the U.S. instead, in an exclusive WSJ interview.
- Mon, 26 Nov 2018 23:15:03 +0000: Airbnb Hires New CFO From Amazon - WSJ.com: US Business
Airbnb has hired another executive from Amazon.com, this time naming Dave Stephenson as chief financial officer of the vacation-rental portal ahead of its potential public offering.
- Mon, 26 Nov 2018 22:58:31 +0000: Second-Tier Cities Boast First-Rate Job Figures - WSJ.com: US Business
Amazon.com Inc.’s decision to locate new headquarters in the New York and Washington regions highlighted an ongoing shift of economic might toward big coastal power cities. But second-tier cities are thriving, and by some measures they are doing even better than their bigger rivals.
- Mon, 26 Nov 2018 22:47:37 +0000: GE Bonds Rebound as Bargain Hunters Swoop In - WSJ.com: US Business
General Electric bonds rebounded sharply in recent days, easing some of the losses debt investors have taken as doubts about the conglomerate’s financial stability spread through financial markets.