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Wall Street Journal

‘Star Wars: The Last Jedi’ Review: Action and Angst of Galactic Proportions

News Source: Wall Street Journal
Post Date: Tuesday - December 12, 2017 - 2:37pm
The space saga’s latest episode examines old loyalties with surprising results. ...
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The Future Is Bumpy: High-Tech Hedge Fund Hits Limits of Robot Stock Picking

News Source: Wall Street Journal
Post Date: Monday - December 11, 2017 - 11:33am
Voleon is among funds deploying machine learning, a technology in which computers develop trading strategies. It’s harder than it sounds, given that markets are noisy and clients often want a better understanding of how their money is being invested. ......
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GE Cuts 18% of Jobs in Power Unit After Misjudging Demand

News Source: Wall Street Journal
Post Date: Thursday - December 7, 2017 - 11:07am
GE said it was cutting 12,000 jobs in its power business, or nearly 20% of the unit’s workforce, as the conglomerate slashes costs and battles overcapacity in its core business. ...
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GM’s Latest Weapon in Pickup Truck Wars: Carbon Fiber

News Source: Wall Street Journal
Post Date: Wednesday - December 6, 2017 - 12:00pm
General Motors plans to use costly but lightweight carbon fiber to make the beds on premium versions of large pickup trucks as the auto maker aims to stay competitive in the crucial category while also satisfying tightening fuel-economy standards. ...
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Law Schools Say: Please Come, No LSAT Required

News Source: Wall Street Journal
Post Date: Wednesday - December 6, 2017 - 5:30am
Some of the nation’s law schools—including at Harvard and Georgetown—are letting applicants take the GRE instead of the grueling LSAT in an effort to attract students with a broader range of experience. ...
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Behind the Murdochs’ Sale Talks: Scale, Price and Family Dynamics

News Source: Wall Street Journal
Post Date: Tuesday - December 5, 2017 - 7:54pm
Premium offers for Fox assets from Disney and Comcast found a receptive audience from Rupert Murdoch amid concerns about the shifting media landscape. A deal could come as early as next week and could clarify the empire’s leadership structure. ...
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California Republicans Push to Preserve Income-Tax Deduction

News Source: Wall Street Journal
Post Date: Tuesday - December 5, 2017 - 7:42pm
Though the House and Senate have voted to repeal the deduction for state income taxes in GOP tax overhaul plans, House Republicans from California are seeking to have it preserved in the final tax bill. ...
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Aetna’s CEO Set to Reap About $500 Million if CVS Deal Closes

News Source: Wall Street Journal
Post Date: Tuesday - December 5, 2017 - 12:15pm
Aetna Chief Executive Mark T. Bertolini is set to pocket roughly half a billion dollars when he leaves his company if it successfully merges with CVS Health. ...
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CVS Chief’s Path: From Corner Pharmacy to Health-Care Giant

News Source: Wall Street Journal
Post Date: Tuesday - December 5, 2017 - 8:25am
The architect of the year’s biggest and arguably most surprising health-care deal is a former pharmacist from rural Pennsylvania who won over Wall Street with a reboot of CVS Health Corp. ...
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The CVS-Aetna Gamble: a Health-Care Giant Not Built Around Doctors

News Source: Wall Street Journal
Post Date: Monday - December 4, 2017 - 1:41pm
CVS Health and Aetna say their combination will result in better care and convenience and lower costs. But the merged company will lack a strong foundation of the people with the most power to achieve those goals. ...
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How Dollar General Became Rural America’s Store of Choice

News Source: Wall Street Journal
Post Date: Monday - December 4, 2017 - 11:11am
While other retailers focus on cities, the thriving discount chain is building thousands of small-town stores aimed at lower-income shoppers. “The economy is continuing to create more of our core customer.” ...
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U.S. Stocks Jump on Senate Tax Bill

News Source: Wall Street Journal
Post Date: Monday - December 4, 2017 - 10:17am
U.S. stocks rose Monday as investors digested the implications of the Senate passing its version of tax reform over the weekend. ...
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CVS to Buy Aetna for $69 Billion, Combining Major Health-Care Players

News Source: Wall Street Journal
Post Date: Sunday - December 3, 2017 - 10:32pm
CVS agreed to buy Aetna for about $69 billion in cash and stock in a move to transform the pharmacy company and capture more of what consumers spend on health care. ...
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Detroit Puts Profits Over Revenue With Declining Rental-Car Sales

News Source: Wall Street Journal
Post Date: Friday - December 1, 2017 - 3:24pm
Detroit auto makers reported mixed sales results for November, with GM and Fiat Chrysler reporting declines while Ford gained ground amid strong demand for pickup trucks and SUVs. ...
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Fidelity Offers Reparations to Customers After Website Outage

News Source: Wall Street Journal
Post Date: Friday - December 1, 2017 - 9:57am
Fidelity is waiving commissions and giving free trades to some clients after a website outage on Wednesday blocked millions of customers from accessing their online accounts. ...
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