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WSJ.com: What's News US Thu, 21 Sep 2017 02:21:12 EDT
  • Hurricane Maria Slams Into Puerto Rico  - Hurricane Maria slammed into Puerto Rico early Wednesday pounding the island with huge waves, massive rain, and lashing winds as the storm buzz-sawed its way through the mountainous island.
WSJ.com: What's News Technology Thu, 21 Sep 2017 00:30:03 EDT
  • Dyn Says Cyberattack Has Ended, Investigation Continues  - The web service provider was disrupted by a denial-of-service attack on Friday that cut off access to popular sites such as Twitter, Netflix and PayPal.
  • Visa Taps Blockchain for Cross-Border Payment Plan  - Visa is putting a bitcoin-style network to work as it aims to take on a new market, the large and complex cross-border payments made between businesses.
  • Airbnb Revises New York Rules Amid Possible Legislation  - Airbnb announced planned changes to its home-listing website in New York to appease regulators, as Gov. Andrew Cuomo considers a bill that would impose stiff fines on some hosts.
  • Russian Hacker Suspected of LinkedIn Attack Indicted in U.S.  - A federal grand jury in Oakland has indicted a 29-year-old Russian man suspected of hacking into three Bay Area technology companies: LinkedIn, Dropbox and Formspring, a now-defunct social networking company.
  • FCC Reaches Settlement With T-Mobile Over Unlimited Plans  - The Federal Communications Commission said Wednesday it reached settlement with T-Mobile US Inc. valued at $48 million for failing to adequately inform consumers of wireless data restrictions on plans it called “unlimited.”
  • Kabam Weighs Multiple Offers for Canada Studio  - Mobile-videogame publisher Kabam Inc. is weighing multiple acquisition offers for its most lucrative studio, according to a person familiar with the matter, in a sign of continued deal making in the game industry.
  • Snapchat to Revamp Ad Sales Agreements With Publishers  - Snapchat has indicated it intends to shake up the structure of its content deals with media companies, telling some that it wants to pay them a licensing fee and sell all the advertising itself.
  • The Natural Side of A.I.  - IBM CEO Ginni Rometty on the biggest misconception about intelligent machines
  • Citrix Raises Annual Outlook as Quarterly Earnings Jump  - Citrix Systems Inc. reported better-than-expected results in the latest quarter and raised its outlook for the year as the software company benefited from climbing revenue from its license updates and maintenance business.
  • Google Signs Up CBS for Planned Web TV Service  - Google Inc. has reached an agreement with CBS Corp. to carry the broadcast network on its soon-to-be-launched web TV service, people familiar with the matter said.
  • IPO Hopeful Bloom Energy Enlisted Colin Powell for Tax-Credit Extension  - The $1.2 billion-backed Silicon Valley-based energy startup said in documents, viewed by The Wall Street Journal, that the extension of a tax credit is a “prerequisite for an IPO.”
  • Pure Storage, Dell Settle Litigation Launched by EMC  - Pure Storage and Dell Technologies ended a three-year legal battle launched by EMC Corp., which was recently acquired by the big computer maker.
  • Cybersecurity: Peace of Mind Isn't Priceless  - Fortinet’s recent warning is the latest sign that cybersecurity demand is moderating.
  • Seagate Earnings Jump on Cost Cuts, Storage Demand  - Seagate Technology said its profit more than tripled in the September quarter, boosted by the company’s recent cost cuts and increasing demand for its cloud-storage products.
  • Google Pitches Survey Tool to Measure Effectiveness of Advertising, Branded Content  - Google wants to help marketers better understand the impact of their advertising and branded content efforts with a new version of its online surveys product called Google Surveys 360.
  • Calling Tehran: Vodafone Leaps Into Iran With Internet-Service Deal  - Vodafone Group is partnering with an Iranian internet-service provider to help improve its networks in the country, making it the latest, big Western company to dive into the fast-opening Islamic Republic.
  • Turns Out Belichick Is Not a Big Tablet Guy  - Bill Belichick is done fumbling with technology on the sidelines.
  • Nintendo Earnings: What to Watch  - Nintendo is scheduled to announce its second-quarter earnings after the Japanese market closes on Oct. 26. Here’s what you need to know.
  • 'Grand Theft Auto' Game Publisher Plans New Title  - Take-Two Interactive Software confirmed it would release a “Red Dead” videogame next fall after investors drove up the company’s shares 5% Monday on earlier hints that the announcement was imminent.
  • Salesforce's M&A Target List Excluded Twitter  - Months before Salesforce considered buying Twitter, the company was looking at more than a dozen acquisition targets that didn’t include the social-media giant, according to a leaked internal presentation for its board members.
  • Venture Capital Prowls into the Life-Insurance Business  - Ladder Financial said it raised $14 million in a new fundraising round led by Canaan Partners, one of LendingClub’s first outside investors.
  • Intel's Earnings Rise, but Revenue Outlook Disappoints  - Intel reported a 9% rise in quarterly earnings, as a lengthy slide in the computer market reversed and cloud companies stocked up on servers. Shares, though, slid after the company’s lackluster revenue outlook.
  • Corporate Leaders Can Learn From Himalayan Climbers  - How is climbing the corporate ladder like reaching the summit of Mount Everest? Workplace teams may harm their effectiveness when they play down individuals’ important differences to promote group cooperation, a study finds.
  • Qualcomm Promises 5G Modem Chip for 2018  - Qualcomm Inc. announced plans to deliver its first chip for the next generation of cellular networks, angling to be ready as some carriers roll out versions of 5G services by 2018.
  • Zenefits Touts New Software in Turnaround Effort  - Human-resources startup Zenefits is seeking to put its troubled past behind it, launching redesigned software at its first customer conference in an effort to jump-start sales and repair its corporate image.
  • Tesla Extends Delivery Date of Model 3 for New Reservations  - The wait for Tesla’s upcoming Model 3 sedan just got longer for some buyers. New reservations for the vehicle won’t be filled until mid-2018 or later.
  • Companies Try Out Selfies as Password Alternatives  - Companies and government agencies—from ride-hailing service Uber and credit-card giant MasterCard to the Alabama Department of Revenue—are asking people to snap self-portraits on their phones as proof of identity.
WSJ.com: US Business Thu, 21 Sep 2017 02:21:12 EDT
  • Google Jumps Back Into Hardware With $1.1 Billion HTC Deal  - Google said it would buy part of struggling Taiwanese smartphone maker HTC for $1.1 billion in cash, as it accelerates its efforts to crack the handset market.
  • Pfizer Files Antitrust Lawsuit Against J&J  - Pfizer filed suit against Johnson & Johnson alleging it has thwarted competition to its arthritis drug Remicade by effectively preventing health insurers, hospitals and clinics from offering Pfizer’s lower-priced copy.
  • GE to Shut Down Corporate Jet Fleet  - General Electric is grounding its corporate fleet of jets as new CEO John Flannery continues to look for ways to slash costs at the industrial giant.
  • Apple Acknowledges Cellular Connectivity Problem in New Watch  - Apple acknowledged problems with cellular connectivity in its newest smartwatch, raising questions about the device’s most significant feature days before it goes on sale in the U.S. and other countries.
  • Music Industry Recovery Continues, Powered by a Surge in Subscriptions  - Revenue from recorded music accelerated in the first half of 2017 in the U.S. as more consumers shelled out for subscription streaming services.
  • Fed Unveils Plan to Pare Holdings, Hints at Another Rate Rise  - The Federal Reserve said it would initiate in October its long-telegraphed plan to shrink the portfolio of bonds acquired after the 2008 crisis and left open the possibility of raising short-term interest rates by December.
  • Existing-Home Sales Tumble for Third Straight Month  - Sales of previously owned homes fell in August to the lowest level in a year, reflecting a shortage of properties on the market and a sharp drop in Houston home purchases because of Hurricane Harvey.
  • Why Amazon Needs Some Cities More Than They Need Amazon  - Mayors should think twice before writing a big check to bid for Amazon.com’s second headquarters, because the playing field between cities and companies has changed, Greg Ip writes.
  • Senate Republicans Reach a Deal on Budget  - Senate Republicans have reached a budget deal that would set the parameters for a tax overhaul sought by the party and President Donald Trump.
  • States Need $645 Billion to Pay Full Health-Care Costs  - New accounting guidelines that urge local governments to record their total health care costs show they need more money to pay for it.
  • For Holiday Hires, It's Already Beginning to Look a Lot Like Christmas  - With low unemployment and an expected increase in e-commerce orders, retailers and logistics companies are starting early and going the extra mile to attract seasonal employees.
  • Facebook to Curtail Ads Targeting Users Interested in Anti-Semitic Topics  - Facebook is adding more human reviewers to oversee its advertising system after a report showed that people could target ads at users interested in anti-Semitic and other hateful topics.
  • Albertsons to Buy Meal-Kit Company Plated  - Albertsons Cos. is buying the Plated meal-kit service, the first acquisition of a prepared-meals company by a national grocery chain as supermarkets scramble to keep shoppers coming to their stores.
  • Global Economy Week Ahead: Fed and Bank of Japan Meetings, Eurozone PMI  - Central banks will be in the spotlight this week, with the Federal Reserve and Bank of Japan releasing policy statements, while the U.S. also will see existing-home sales data and jobless claims that could reflect hurricane damage.
  • Heavy Debt Crushed Owners of Toys 'R' Us  - Competition may have brought down Toys “R” Us. But the debt that three Wall Street firms took on to acquire the company—and the way the ownership group was constructed—left them without a fighting chance.
  • Falling Yogurt Sales Drag Down General Mills' Earnings  - General Mills said U.S. yogurt sales fell 22%, pushing it to its ninth straight quarter of revenue declines.
WSJ.com: Markets Thu, 21 Sep 2017 00:40:46 EDT
  • Murky World of Drug Rebates Gets Airing in Lawsuit  - The closely guarded world of drug pricing is getting a public airing in a feud between two of the industry’s biggest companies. The attention drawn to rebates could hurt the profits of some very successful drugs.
  • How the Fed's Unwind Will Ripple Through Banks  - The gradual wind down of the Federal Reserve’s balance sheet will have far-reaching effects throughout the banking system. For the most part, major banks stand to benefit.
  • Adobe's Cloud Hits First Headwind  - Larger deals have been taking longer to close, but software maker’s cloud transition still packs a lot of growth ahead.
  • A Surprise Bump in Bad Card Loans  - Credit card lenders are seeing some of the highest delinquency rates in years.
  • Call It 'Fintech' and Watch the Valuation Soar  - China’s ZhongAn insurance company wants to be seen as tech play, rather than a boring old insurer.
  • German Election: For Markets, Wages Are What Matter Most  - Angela Merkel appears on course to win a fourth term as Germany’s leader. For markets, the political stability allows a focus on more fundamental changes going on in Europe’s most important economy.
  • Thyssenkrupp: A Success Story for European Activism  - Thyssenkrupp’s move to join its European steel operations with those of Tata Steel paves the way for a more investor-friendly structure but investors shouldn’t bank on speedy results.
  • The Hidden Obamacare Detail That Could Cost Hospitals Billions  - A seemingly arcane detail of Obamacare could put significant cost pressure on hospital companies and eventually drug and medical device makers.
  • How to Make Money on the Chinese Internet  - Activist investor Aristeia Capital shows the way for New York-listed Sina to unlock long-trapped value in subsidiary Weibo.
WSJ.com: Opinion Thu, 21 Sep 2017 00:30:02 EDT
  • Tax Reform Progress  - A Senate budget deal creates more space for cutting tax rates.
  • The Slow and Steady Fed  - A rate increase in December looks increasingly likely.
  • Afternoon in Germany  - Merkel’s campaign coasts on a mood of public complacency.
  • After Islamic State, Is There Still an Iraq?  - Reconciliation is possible, but the country will have to overcome at least five major challenges.
  • Republicans Get One Last Chance on ObamaCare Reform  - Graham-Cassidy is not perfect, but it creates a competition of ideas and gives power back to states.
  • Tax Reform Transformed North Carolina. Congress, Take Note  - After Tar Heels overhauled their code in 2013, the economy went on a tear—and so did state revenue.
  • The Republicans Who May Save ObamaCare  - Start with Rand Paul. Can he vote ‘no’ on Graham-Cassidy after voting ‘yes’ in July?
  • Kick North Korea Out of the U.N.  - Membership has its privileges—spying, money laundering and illicit procurement.
  • Trump Goes Nuclear  - Critics of Trumpian rhetoric live outside the range of Kim’s missiles—for now.
  • Ta-Nehisi Coates and the Politics of Contempt  - The polemicist attributes Trump’s election to ‘white supremacy,’ and liberals can’t get enough.
  • A Confederacy of Dunces  - Mayor Bill de Blasio goes hunting for ‘hate’ on New York City property.
  • 'Paula Revere' and the Russians  - Clinton describes a meeting with Putin.
 
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